Juan decided to start savings for college. He deposited $500 into an account which earns 4% simple annual interest. At the end of each year, he will add $250 to this account. How much will he have in his account after the end of three years?

a
$550
b
$770
c
$1,050.80
d
$1,342.83

Answers

Answer 1

Answer

I am getting a different answer The reason being the first year we calculating the 4% of the initial amount of the $500 towards the end of the year if he deposits the 250 the second year he gets to have a 4% interest of the 750 in total If he deposits the 250 in the 3rd he gets to have a 4% of 1000 So if you actually calculate that and get the total of all the amount which is 1,000 plus the percentages of all that you get what I've shared

Juan Decided To Start Savings For College. He Deposited $500 Into An Account Which Earns 4% Simple Annual
Answer 2

9514 1404 393

Answer:

  d  $1342.83

Step-by-step explanation:

At the end of the first year, the account balance will be $500 plus 4% interest on that amount, plus the $250 deposited at the end of the year:

  $500(1.04) +250 = $770

At the end of the second year, the account balance will be $770 plus 4% interest on that amount, plus the $250 deposited at the end of the year:

  $770(1.04) +250 = $1050.80

At the end of the third year, the account balance will be $1050.80 plus 4% interest on that amount, plus the $250 deposited at the end of the year:

  $1050.80(1.04) +250 = $1342.83

_____

Additional comment

You can make an appropriate guess by realizing the total of the deposits is ...

  $500 + 3×250 = $1250

Adding interest to that will increase the amount. The only answer choice greater than $1250 is $1342.83.


Related Questions

find the value of x (image below)

Answers

Answer:

x=35

Step-by-step explanation:

Evaluate each expression for a = 3, b = 4, and c = 6. bc + 5a​

Answers

Answer:

39

Step-by-step explanation:

bc+5a

Substitute values

(4)(6) + 5(3)

= 24 + 15

= 39

Nolan reports the weather for TV 12's popular afternoon news show. Last month, he tracked
the noon temperature each day in the two largest cities in the area, Hooverville and Deeson
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Which city had a lower median temperature?
Hooverville
Deeson City

Answers

Answer:

Hooverville

Step-by-step explanation:

The Hooverville has lower median temperature.

What is Box and Whisker Plot?

A box and whisker plot is a method for abstracting a set of estimated data using an interval scale. Another name for it is simply a box plot. Most of the time, these are used to interpret data. It is one kind of graphical method that shows how the data in the dataset changes. The histogram can also be used to show the data. However, the histogram provides an adequate display. Since multiple sets of data can be displayed in the same graph, a box and whisker diagram will provide additional information, making it superior to a histogram.

Given Box and Whisker Plot of two cities which show's the  noon temperature each day,

From the graph Median of Hooverville is 36 and

median of Deeson City is 38

we can say that Hooverville has lower median temperature.

Hence the lower median temperature is of Hooverville.

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Item 7
How many grams are there in 12 kilograms?

Answers

Answer:

12,000

Step-by-step explanation:

Answer:

12000

Step-by-step explanation:

(1 kilogram = 1000 grams)

12 kilograms = 12000 gramsI hope this was helpful! =)

What is the length, in centimeters, of the hypotenuse of a right triangle with legs measuring V2 cm and 3 cm?​

Answers

Answer:

[tex] \sqrt{13} [/tex]

Step-by-step explanation:

A is the hyp. And b/c are the sides

A²=b²+c²=3²+2²=9+4=13

Now take the square root of 13 as the answer

A health-food store owner buys new products for his store by borrowing against a credit line of $4,500 from one of his wholesale suppliers. He is usually given 9 months to pay the money back. The store owner borrows the full amount and is told by the supplier that his monthly payments will be $600 a. How much did the distributor pay back altogether? How much in interest did the distributor pay for the loan?​

Answers

Answer:

Loan Amount= $4500

Monthly Payment= $600

9 months= $600*9= $5400

Interest = $5400-$4500= $900

Mr. K was able to spot quite a few window washers on the skyscrapers there. He asked them how long it took to wash windows on such a building. They said that each person could wash 50 windows in 1 hour.
(How long would it take the 3 workers to wash all 1000 windows on one of the skyscrapers?)

Answers

Answer:

6.7 hours

Step-by-step explanation:

If one can do 50 then three can do 150.

So 1000÷150=6.66666666666

Hope this helps

convert the unit. of length​

Answers

Answer:

50688

Step-by-step explanation:

thats all i got sorry if thats wrong but i hope this helps.

On parallelogram ABCD, if A(3,-4) B(10,-2) C(8,-9) and D(1,-11), what are the coordinates of E?

Answers

Answer:

(5.5 , - 6.5)

Step-by-step explanation:

Diagonals of a parallelogram bisect each other.

E (x , y) : midpoint of segment AC or segment BD

x = (3 + 8) / 2 = 11/2 = 5.5

y = (-4 + -9) /2 = -13/2 = - 6.5

Answer:

E(5.5,-6.5)

Step-by-step explanation:

We simply draw the parallelogram in coordinate system and read the coordinates of E.

In right triangle ABC, m∠ B ≠ m∠ C. Let sin B = r and cos B = s.
What is sin C – cos C?

Answers

Draw and label a diagram.

sin A = CB / AB

cos B = CB / AB

sin A = cos B

2x - 1.3 = 5x

Can you solve for x and answer?

The value of expression sin C - cos C is,

⇒ r - s

What is mean by Triangle?

Triangle is a three sided polygon, which has three vertices and three angles and which has sum 180 degrees.

Given that;

In right triangle ABC,

⇒ m∠ B ≠ m∠ C.

Let us assume that,

⇒ sin B = r

And, cos B = s.

Now, We get;

sin B = rh / h

        = r

And, cos B = sh / h

                 = s

Hence, We can formulate;

sin C = sh / h = s

cos C = rh / h = r

Thus, We get;

⇒ sin C - cos C

⇒ r - s

Therefore, The value of expression sin C - cos C is,

⇒ r - s

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You spin the spinner twice,
What is the probability of landing on an 8 and then landing on an 8?

Answers

Answer:

if this is an ixl pls send me an screen shot of it

Step-by-step explanation:

Answer: if you could post a picture of what the spinner looks like I’m sure I could answer the question

Step-by-step explanation:

Sandra is 30 years old and deciding which investment she would like to make. She has $2,500 to invest.

Option A: Invest $2,500 and earn 3% of its value each year.

Option B: Invest $2,500 and earn $200 per year.

How many years would it be when both investments would yield the same amount of earnings?

Group of answer choices
??? which one

Answers

12.596 I hope this helps!!

HELP! Please!! Juan borrowed 12,00 from his friend eduardo and made an agreement to play him back over 2 years at an annual simple interest of 4% what is the total amount he will pay his friend back over the 2 years

Answers

Answer:

$12,960.00

Step-by-step explanation:

Use the formula A = P (1+rt)

A = (12000)(1+(0.04x2))

A = $12,960.00

Answer:

if the initial amount is 1200 then the answer is 1296

if the initial amount is 12000 then the answer is 12960

the initial number was unclear with the placement of the comma

Step-by-step explanation:

Find the missing height of the parallelogram described. b = (x + 4) yd, (blank text) yd, (5x + 20) yd2

Answers

Answer:

5yards

Step-by-step explanation:

Area of the parallelogram = Base * Height

Given

Area = (5x+20)yd²

Base = (x+4)yd

Required

height

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5x+20 = x+4 * Height

Height = 5x+20/x+4

Height = 5(x+4)/x+4

X+4 cancels out to have;

Height = 5

Hence the height of the parallelogram is 5yards

HELP ASAP PLSS (NO LINKS OR ILL REPORT)

Answers

Answer:

C is correct.

Step-by-step explanation:

I took this test.

Claudia was cooking breakfast for her entire family. She made double the amount of chocolate chip pancakes as she did with the regular pancakes. She only made half as many blueberry pancakes as the regular pancakes. Claudia also knows her family loves sausages, so she made triple the amount of sausage as blueberry pancakes.

How many of each breakfast item did Claudia make if she cooked 100 times in total?

Answers

Answer:

easy the answer is 0.0.0

Step-by-step explanation:

1x0=0.0.0

The school you are attending is selling tickets to the fall festival. On the first day, the school sold 14 senior citizen tickets and 1 child ticket for a total of $66.50. On the second day, the school sold 2 senior citizen tickets and 2 child ticket for a total of $16.00. What is the price of one senior citizen ticket?

Answers

Answer:

Price of each senior citizen ticket  is $12 and one child ticket is $3

Step-by-step explanation:

The price of one senior citizen ticket is $ 4.50.

Let x = price of one senior citizen ticket and y = price of one child ticket.

Now, since On the first day, the school sold 14 senior citizen tickets and 1 child ticket for a total of $66.50. WE have that

14x + y = 66.50  (1)

Also, on the second day, the school sold 2 senior citizen tickets and 2 child tickets for a total of $16.00. We have that

2x + 2y = 16.00  (2)

From (1), y = 66.50 - 14x

Substituting y into (2), we have

2x + 2y = 16.00  

2x + 2(66.50 - 14x) = 16.00  

2x + 2(66.50 - 14x) = 16.00  

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x = -117/-26

x = 4.5

So, the price of one senior citizen ticket is $ 4.50.

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Answers

m1=3, m2= 1

point A= (-5,4)

point B=(7,-2)

x=m1x2+m2x1/ m1+m2 , y=m1y2+m2y1 / m1+m2

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x= 16/4, y= -2/4

x= 4, y= 0.5

Question 3 V (t) 30(1.05), where t is the time, in years, since opening the account Connie deposits $30 into an account. The value of the account, in dollars, can be modeled as To the nearest cent, what is the average rate of change in the value of the account for the first 3 years? A $0.63/year B $1.58/year С $3.15/year thing D $4.73/year​

Answers

Answer:

b

Step-by-step explanation:

The average rate of change in the value of the account for the first 3 years is,  $3.15/year. So Option C  is correct.

What is the rate?

Rate is a ratio of change in one quantity w.r.t. change in another quantity. The net change in one quantity is written as, Δy and the net change in another quantity is written as, Δx.

So formula for the rate is,

m = change in one quantity/change in another quantity = Δy/Δx

The average rate of change in the value of the account for the first 3 years can be calculated as follows:

Let t = 0 be the time when the account is opened,

and t = 3 be the end of the third year.

The value of the account at t = 0 is V(0) = 30,

and the value of the account at t = 3 is

V(3) = 30(1.05)³

The average rate of change in the value of the account over the first 3 years is given by the formula:

⇒ (V(3) - V(0)) / (3 - 0)

⇒ (30(1.05)³ - 30) / 3

⇒  $3.15/year

Hence, the average rate of change in the value of the account over the first 3 years is approximately $3.15/year

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Answers

Answer:

6

Step-by-step explanation:

Can I please have brainliest :)

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x=y

Answers

Answer:

What is the question?????

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X=5

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Step-by-step explanation:

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Answer:

a

Step-by-step explanation:

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dfvgbhnm,kmjnhbgvx

Step-by-step explanation:

c vgbhjnmk,jnhbgvfc

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Answers

Answer:

x = 20

Step-by-step explanation:

Mathematically, when two triangles are similar, the ratio of their corresponding sides are equal

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Answers

Answer:

n[tex]\geq[/tex]8

Step-by-step explanation:

You add 4 to both sides to make n the only thing on one side. Then to make the answer look better you move n to the left side and flip the symbol because n changed sides.

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It 4 of 6 because they maje sence

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

Answer:

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Step-by-step explanation:

hope this helps!

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Answer:

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The measure of the angle CBD = 180° - 30° = 150°.

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