Morgan wants to save to buy a car and decides to open a banking account that is offering an interest rate of 4.5% compounded annually. How much will Morgan have in the account after 5 years if $7,000 is deposited today?

Answers

Answer 1

Answer:

He'll have approximately $8723.3 on his account in five years.

Step-by-step explanation:

Since the amount invested is compounded yearly, we can calculate the amount he'll have in 5 years by using the following expression:

[tex]M = C*(1 + r)^t[/tex]

Where M is the final amount, C is the invested money, r is the interest rate and t is the time elapsed in years. Applying the data from the problem we have:

[tex]M = 7000*(1 + \frac{4.5}{100})^5\\M = 7000*(1 + 0.045)^5\\M = 7000*(1.045)^5\\M = 8723.274\\[/tex]

He'll have approximately $8723.3 on his account in five years.


Related Questions

Can (somebody)help me!!!

Answers

Answer:

20 meters

Step-by-step explanation:

The area of a rhombus is the height multiplied by the base. Conversely, the height of a rhombus is the area divided by the base. Therefore, the height of this rhombus is 20 meters. Hope this helps!

Alvin and Simon shared £540 in the ratio 4:5
Alvin gave half of his share to Theo.
Simon gave a tenth of his share to Theo.
What fraction of the £540 did Theo receive?​

Answers

Answer:

5/18

Step-by-step explanation:

540/9=60

60x4=240(Alvin's money)

60x5=300(simon's money)

Alvin gives half so you divide 240 by 2 which is 120

Simon gives a tenth so you divide 300 by ten which is 30

120+30=150

150/540=5/18 ( simpliest form)

Theo have 5/18 fraction of total amount of money.

Given that, Alvin and Simon shared £540 in the ratio 4:5.

What is ratio?

The ratio is defined as the comparison of two quantities of the same units that indicates how much of one quantity is present in the other quantity.

Now, 4+5=9

So, share of Alvin = 4/9 × 540

= 4 × 60

= £240

Then Simon share = 540-240 = £300

Theo's share = 1/2 × 240

=£120

Theo's share 1/10 of 300

=1/10 × 300

=£30

Total Theo's share = 120+30 =£150

Now, fraction = 150/540

=5/18

Therefore, Theo have 5/18 fraction of total amount of money.

To learn more about the ratio visit:

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Volume = 21 pi Find the value of the variable in the figure. Leave answers in the simplest form. a. 1 c. 5 b. 3 d. 7

Answers

Answer:

3

Step-by-step explanation:

(volume)  21 * pi = 65.9734457254

height =7

Cone = (1/3)πr²h, where r is the radius and h is the height.

V = Ah/3

Using the following image, solve for UW

Answers

answer:15x

Step-by-step explanation:

because 2x +3 is 5x 5x+10 is 15x

Please help me :( I’m struggling

Answers

Answer:

im assuming its b because the quality for the pic is bad and i cant really see it

Step-by-step explanation:

Answer:

the answer is c i believe

What is the largest possible value x could take given that it must be an integer? x < 5

Answers

Answer:

4

Step-by-step explanation:

No greater number than 4 can be x because otherwise it'll be equal to or more than 5

The largest possible value x could take given that it must be an integer of x < 5 is; x = 4

We first have to understand the meaning of integers.

Integers are defined as whole numbers which could be positive or negative or even zero.

Now, we want to find the highest possible integers that are less than 5 from;

x < 5

Now, the first integer lower than 5 will be the highest possible one. That integer is 4.

Thus, x = 4.

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Question 10
The price of one share of a stock fell 4 dollars each day for 8
days. How much value did one share of the stock lose after 8
days?

Answers

Answer

32 dollars

Explanation

4*8

Albert is a server at an all-you-can-eat sushi restaurant. At one table, the customers ordered 4 child buffets and 1 adult buffet, which cost a total of $86. At another table, the customers ordered 4 child buffets and 3 adult buffets, paying a total of $130. How much does the buffet cost for each child and adult?

Answers

Answer:

The buffet cost $16 for adults and $22 for kids

please help me with question b) and please explain!!
look at the attached image

Answers

Answer:

17

Step-by-step explanation:

let x be the number of boxes to be shaded to make it 80%

x = 80% of total number

= 80/100 of 25

= 80/4

= 20

So 20 need to be shaded to fill 80%

Now, 13 of the grids are already shared so the amount of more squares that need to be shaded = 20-13

= 17 squares

8/100x25/1=200/100=2/1=2

So that means 2 more squares have to be shaded to fill 8% of the grid

So 13+2=15

I need help on this please help it’s geometry:,(

Answers

Answer:

a line with points A and B is True

find the circumference

Answers

Answer:

[tex]31.42 \: cm[/tex]

Step-by-step explanation:

[tex]C=\pi d[/tex]

[tex]C=2\pi r[/tex]

[tex]C=2\pi \times 5[/tex]

[tex]C=10\pi[/tex]

[tex]C=31.41592...[/tex]

[tex]answer \\ 31.4 \: cm \\ solution \\ r = 5 \: cm \\ d = 5 \times 2 = 10 \: cm \\ circumference = \pi \: d \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 3.14 \times 10 \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 31.4 \: cm \\ hope \: it \: helps[/tex]

During the last 5 basketball games, Javier scored 13 , 20, 13, 15, and 24 points.
What is the mean of the points Javier scored? *

Answers

Answer:

13+20+13+15+24/5

85/5

=17

Answer:

17 points

Step-by-step explanation:

Mean = total scores/number of games

Mean = (13 + 20 + 13 + 15 + 24) / 5

Mean = 85 / 5

Mean = 17 points

A body was found at midnight in a warehouse where the temperature was 55. The medical examiner found the temperature of the body to be 66. What was the approximate time of death?

Answers

Answer:

5 p.m.

Step-by-step explanation:

Newton's law of cooling-

[tex]T(t)=t_a+(t_0-t_a)e^{-kt}[/tex]

where,

[tex]t_0[/tex] = the initial temp. = 98.6 F (human body temp.)

k = 0.1947,

T(t) = 66 F,

[tex]t_a[/tex] = 55 F,

Putting the values,

[tex]\Rightarrow 66=55+(98.6-55)e^{-0.1947\cdot t}\\\\\Rightarrow 66=55+(43.6)e^{-0.1947\cdot t}\\\Rightarrow (43.6)e^{-0.1947\cdot t}=11\\\Rightarrow e^{-0.1947\cdot t}=\dfrac{11}{43.6}=0.2523\Rightarrow \ln e^{-0.1947\cdot t}=\ln 0.2523\\\Rightarrow -0.1947\cdot t\times \ln e=\ln 0.2523\\\Rightarrow -0.1947\cdot t\times 1=\ln 0.2523\\\Rightarrow t=\dfrac{\ln 0.2523}{-0.1947}\\\Rightarrow t=7\ h[/tex]

Therefore, the time of death was 7 hours before midnight i.e at 5 pm.

What time is it if half of what has already passed remains until the end of today?

Answers

Answer:

4 p.m.

Step-by-step explanation:

We know that a day contains 24 hours in total.

The time already passed will be represented by [tex]x[/tex].

The remaining time would be [tex]\frac{x}{2}[/tex], becasye half of what has already passed remains until the end of the day.

Basically, the sum of these two expression gives 24 hours in total.

[tex]x + \frac{x}{2} =24\\\frac{3x}{2}=24\\ x=16[/tex]

Therefore, the actual time is 4 p.m.

what are the coefficients in the polynomial 7x^2-4x+6?

Answers

Answer:

7 and -4

Step-by-step explanation:

Coefficients are the number before the variables.  Their job is to multiply the variable by their quantity. 7x and -4x are the two expressions with both a number and a variable.  That makes 7 and -4 the coefficients.

Communication Methods Among Teens
Frequency Two-Way Table
Which answer shows the relative frequency by the row
of girls?
O 52.5%, 23.0%, 24.6%, 100%
O 57.0%, 12.2%, 27.8%, 100%
O 60%, 12.2%, 27.8%, 100%
O 62.8%, 44.0%, 62.5%, 100%
Text
e-Mail
IM
Total
Boys
32
14
15
61
Girls
54
11
25
90
Total
86
25
40
151

Answers

Answer:

it’s c i think

Step-by-step explanation:

Answer C

Step-by-step explanation:

HELP PlZ
Which of the following graphs represents the equation

y-4=3(x-1)?

Graph A.

Graph B.

Graph C.

Graph D.​

Answers

Answer:

D

Step-by-step explanation:

The point slope form of a line is y-h=m(x-k), where h is the y coordinate of the point, k is the x coordinate, and m is the slope. Therefore, a line with the equation given will have a slope of 3 and go through the point (1,4). The only graph here that matches that is graph D, meaning that it is the answer. Hope this helps!

Answer:

D is the answer

Step-by-step explanation:

I need help solving this!

Answers

Answer:

miles hybrid car went = 9.80 gal × 54.1 miles/gal

= 530.18 miles

132km × 0.621 = 81.972 miles

530.18 miles = 9.80 gal

1 mile = 9.80/530.18

= 0.018 gal

81.972 miles = 0.018 × 81.972

= 1.515 gal

1.515 gal × 3.785 = 5.734 litres

Can u guys PLEASE answer this question ASAP.

which of the two points M(3,6) and N(6,-4) is closer to P(-2,-1)

Answers

Answer:

n

Step-by-step explanation:

Answer:

[tex]\fbox{\begin{minipage}{11em}N is closer to P than M\end{minipage}}[/tex]

Step-by-step explanation:

Step 1: Define the way to calculate distance between 2 points in two-dimensional (2D) plane

Supposing that there are two points [tex](x_{1}, y_{1})[/tex] and [tex](x_{2}, y_{2})[/tex] on 2D plane.

The distance [tex]d[/tex] between these two points is calculated by:

[tex]d = \sqrt{(x_{1} - x_{2}) ^{2} + (y_{1} - y_{2})^{2} }[/tex]

Step 2: Calculate the distance [tex]d_{1}[/tex] between [tex]M(3, 6)[/tex] & [tex]P(-2, -1)[/tex] and distance [tex]d_{2}[/tex] between [tex]N(6, -4)[/tex] and [tex]P(-2, -1)[/tex]

Applying the formula in step 1:

[tex]d_{1} = \sqrt{(3+ 2) ^{2} + (6 + 1)^{2} } = \sqrt{25 + 49} = \sqrt{74}[/tex]

[tex]d_{2} = \sqrt{(6+ 2) ^{2} + (-4 + 1)^{2} } = \sqrt{64 + 9} = \sqrt{73}[/tex]

Step 3: Compare and conclude

Because [tex]\sqrt{73} < \sqrt{74}[/tex]  =>  [tex]d_{2} < d_{1}[/tex] => N is closer to P than M

Hope this helps!

:)

Select the correct answer from each drop-down menu.

Let e(x) be the elevation, in meters, of a cable car from the ground, x minutes after it begins descending from the top

e(t) = 840 – 52.51

meters from the ground

minutes after it

Since e(14) = , the elevation of the cable car will be

from the top of the hill,

Answers

Corrected Question

e(x)=840-52.5x

Let e(x) be the elevation, in meters, of a cable car from the ground, x minutes after it begins descending from the top of a hill. Since e(14) = ?, the elevation of the cable car will be meters from the ground minutes after it begins descending from the top of the hill.

Answer:

e(14) =105 meters

Elevation of the cable car 14 minutes after it begins descending from the top of the hill= 105 meters from the ground

Step-by-step explanation:

Given the elevation, e(x) in meters, of a cable car from the ground , x minutes after it begins descending from the top of a hill.

e(x)=840-52.5x

e(14)=840-52.5(14)

e(14)=840-735

e(14)=105 meters

Since e(14) =105 meters, the elevation of the cable car will be 105 meters from the ground 14 minutes after it begins descending from the top of the hill.

Pat has 4 flowerpots, and she wants to plant a different type of flower in each one. There are 7 types of flowers available at the garden shop. In how many different ways can she choose the flowers?

Answers

Answer: 28

Step-by-step explanation:

times 4 and 7 seven and get your answer

the answer is 28:)

7x4=28

what is the product of 4/5 × 2/5​

Answers

Answer:

8/25

Step-by-step explanation:

4/5 *2/5

Multiply the numerators

4*2 = 8

Multiply the denominators

5*5 = 25

8/25

Answer:

The answer would be 8/25 or 0.32

Given f(x) = –3x – 4, find f(–5).

Answers

Answer:

3x

Step-by-step explanation:

because if f is -5, -5=-3x-4, -5+4, -1=-3 divide and get 3=x

The answer is 3x if wrong I’m sorry

A music teacher asked 23 students in the band how many hours they practiced playing their instrument each week. The results are shown in the dot plot. Which statement best describes the data?

Answers

The question is incomplete! Complete question along with answer and step by step explanation is provided below.

Question:

A music teacher asked 23 students in the band how many hours they practiced playing their instrument each week. The results are shown in the dot plot. Which statement best describes the data?

a. The data are skewed left, so most student's practice times are more than the mean practice time.

b. The data are skewed left, so most student's practice times are less than the mean practice time.

c. The data are skewed right, so most student's practice times are less than the mean practice time.

d. The data are skewed right, so most student's practice times are more than the mean practice time.

Answer:

The correct option is a.

The data are skewed left, so most student's practice times are more than the mean practice time.

Step-by-step explanation:

Refer to the attached box plot which shows number of hours the students spent on practice for playing their instrument each week.

When the data distribution is not symmetric around the mean then it is either skewed to right or skewed to left.

The given box plot is skewed to the left since the tail of the distribution on the left side is longer than the right side or in other words, most of the data is leaning to the right side of the curve.

Due to this, most student's practice times are more than the mean practice time.

A left skewed distribution is also known as negatively skewed distribution.

Therefore, we can conclude that the correct option is a.

a. The data are skewed left, so most student's practice times are more than the mean practice time.

What is the average rate of change from x = 0 to x = −2?

Answers

Answer is    -3

How I got that answer:

The graph shows the two points (0,-4) and (-2,2) are on the parabola. The x coordinates of both points are from x = 0 and x = -2 as given in the instructions. Compute the slope of the line through those points. The slope of this line is the exact same as the average rate of change from x = -2 to x = 0.

m = (y2 - y1)/(x2 - x1)

m = (2 - (-4))/(-2-0)

m = (2 + 4)/(-2-0)

m = 6/(-2)

m = -3

A negative slope means the line slopes downhill as you move from left to right. This is a negative average rate of change.

What is the relation between the variables in the equation x= -3/y? a. y varies directly as x c. y varies jointly as x b. y varies inversely as x d. none of the above

Answers

Answer:

(b)

Step-by-step explanation:

This is inverse variation.  As y increases (but not allowed to be zero), x decreases.  Thus, (b) is correct:  y varies inversely with x.

The relation between the variables in the equation x= -3/y. Thus, (b) is correct, y varies inversely with x.

What is directly proportional and inversely proportional relationship?

Let there are two variables p and q,

Then, p and q are said to be directly proportional to each other if

p = kq

where k is some constant number called constant of proportionality.

This directly proportional relationship between p and q is written as

[tex]p \propto q[/tex]  

where, that middle sign is the sign of proportionality.

In a directly proportional relationship, increasing one variable will increase another.

Now let m and n are two variables.

Then, m and n are said to be inversely proportional to each other if

[tex]m = \dfrac{c}{n} \\\\ \text{or} \\\\ n = \dfrac{c}{m}[/tex]

where c is a constant number called constant of proportionality.

This inversely proportional relationship is denoted by;

[tex]m \propto \dfrac{1}{n} \\\\ \text{or} \\\\n \propto \dfrac{1}{m}[/tex]

As , increasing one variable will decrease the other variable if both are inversely proportional.

Here the relation between the variables in the equation x= -3/y;

This is inverse variation, As y increases (but not allowed to be zero), x decreases.

Thus, (b) is correct, y varies inversely with x.

Learn more about directly inversely proportional relationship variable here:

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Please help me ASAP, thanks!

Answers

The answer is option c
I hope this helps!

Which expression is equivalent to StartRoot 400h^8 j^4 k^6 EndRoot?

Answers

Answer:

[tex]20h^4j^2k^3[/tex]

Step-by-step explanation:

[tex]\sqrt{400h^8j^4k^6}[/tex]

Since it's square root, you divide the exponents by 2.

[tex]20h^4j^2k^3[/tex]

Answer:

[tex]20h^{4} j^{2} k^{3}[/tex]

Step-by-step explanation:

PLEASE HELP IT IS URGENT How do you find CF?

Answers

Answer:

CF = 12

Step-by-step explanation:

∠ CDF = ∠ ABD = 45° ( alternate angles )

Using the sine ratio in right triangle CDF and the exact value

sin45° = [tex]\frac{1}{\sqrt{2} }[/tex] , then

sin45° = [tex]\frac{opposite}{hypotenuse}[/tex] = [tex]\frac{CF}{CD}[/tex] = [tex]\frac{CF}{12\sqrt{2} }[/tex] = [tex]\frac{1}{\sqrt{2} }[/tex] ( cross- multiply )

[tex]\sqrt{2}[/tex] CF = 12[tex]\sqrt{2}[/tex] ( divide both sides by [tex]\sqrt{2}[/tex] )

CF = 12

Which is the value of this expression when p=-2 and q=-1?

A. -4

B. -1/16

C. 1/16

D. 4

Answers

Answer:

D. 4

Step-by-step explanation:

[tex] [(p^2) (q^{-3}) ]^{-2}.[(p)^{-3}(q)^5] ^{-2}\\\\

=[(p^2) (q^{-3}) \times(p)^{-3}(q)^5 ]^{-2}\\\\

=[(p^{2}) \times(p)^{-3} \times (q^{-3}) \times(q)^5 ]^{-2}\\\\

=[(p^{2-3}) \times (q^{5-3}) ]^{-2}\\\\

=[(p^{-1}) \times (q^{2}) ]^{-2}\\\\

=(p^{-1\times (-2)}) \times (q^{2\times (-2) }) \\\\

=p^{2}\times q^{-4} \\\\

= \frac{p^2}{q^4}\\\\

= \frac{(-2)^2}{(-1)^4}\\\\

= \frac{4}{1}\\\\

= 4[/tex]

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