Suppose you invest $5,000 at 4% annual interest. How much money would your investment be worth after 10 years? Round your answer to the nearest hundredth (2 places after the decimal).

Answers

Answer 1

The investment will be worth $7,401.22 after 10 years

Here, we want to calculate the amount the investment will be worth after 10 years

Mathematically, to get this, we will use the compound interest formula;

[tex]A\text{ = P(1 + }\frac{r}{n})^{nt}[/tex]

where A is the amount after 10 years

P is the amount invested which is $5,000

r is the interest rate which is 4%, same as 4/100 = 0.04

n is the number of terms yearly the investment will be compounded. Since the interest rate is annual, then the number of times it will be compounded yearly is 1

t is the number of years which is 10 in this case

Substituting these values, we have;

[tex]\begin{gathered} A\text{ =5000 (1 + }\frac{0.04}{1})^{1\times10} \\ \\ A=5000(1+0.04)^{10} \\ \\ A=5000(1.04)^{10} \\ \\ A\text{ = 7,401.22} \end{gathered}[/tex]


Related Questions

According to medical data, the ages at which patients have their first hip replacement
surgery follows a normal distribution. The average age for a first hip replacement is 55
years of age, with a standard deviation of 8 years. Therefore, doctors can expect 95% of
their hip replacement surgery patients to be between what ages?
O 39-71
O 45-65
O 47-63
O 31-79
Question 4
2

Answers

95% of the people the doctor expects to have hip replacement surgery will be between the ages of 47 and 63.

What exactly are the mean and standard deviation?

The definition of average is that it is the mean value, which is the ratio of the sum of the values in a particular set to all the values in the set.

The amount of variance from the mean is shown by the standard deviation.

Given that the standard deviation is 8 years and the average age is 55.

x=x0, where x0 and are the mean age and standard deviation, respectively, defines the relationship.

The standard deviation is 8 years, while the mean age is 55 years.

The answer is that 55+8=63 and 55-8=47.

Consequently, the age range is 47 years to 63 years.

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PLS HELP!!!

When solving the quadratic-2x² - 9x - 5 = 0, the number of real roots is:

A) 2 real roots.
B) 1 real root.
C) No real roots.
D) None of these choices are correct.

Answers

The answer is 2) real roots

I inserted a image of the question I’m very confused and need help with homework so I do good on test

Answers

To find the magnitude of a vector we use the following equation

[tex]\lvert\vec{v}\rvert=\sqrt[]{(v_x)^2+(v_y)^2}[/tex]

This comes from taking the value of the hypotenuse by Pythagoras, graphically it can be seen in the following image:

In the case of your exercise, the values would be

[tex]\begin{gathered} v_x=x \\ v_y=y \\ \lvert\vec{v}\rvert=\sqrt[]{(x_{})^2+(y)^2} \end{gathered}[/tex]

À La Mode Ice Cream Parlor uses the function f(x) to calculate its profits. When the parlor sells x cones, it makes f(x) dollars in profit.
What does f(50)=85 tell you?

Help please

Answers

Answer: When the Ice Cream Parlor sells 50 ice cream cones, they make $85 dollars in profit.

Step-by-step explanation:

x = cones

the function f tells us the profit for whatever x

write the following in the form a+bi (2+5) - (-6 +bi)

Answers

The complex expression (2+5) - (-6 +bi) in the form a + bi is 13 - bi

How to evaluate the expression?

The expression is given as

(2+5) - (-6 +bi)

The above expression is a complex expression

So, we have the following expression

(2+5) - (-6 +bi)

Remove the brackets in the above expression

So, we have the following expression

(2+5) - (-6 +bi) = 2 + 5 + 6 - bi

Evaluate the like terms in the above equation

So, we have the following expression

(2+5) - (-6 +bi) = 13 - bi

Hence, the solution to the complex expression is 13 - bi

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help please

The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports. The maximum possible rating is 10. Suppose a simple random sample 50 of business travelers is selected and each traveler is asked to provide a rating for the Miami International Airport. The ratings obtained from the sample of 50 business travelers follow.


5 9 10 2 2 2 2 7 7 7 7 6 7

8 9 9 2 10 2 7 6 9 8 10 9 2

7 5 7 2 2 7 7 6 2 10 8 2 6

6 9 5 2 10 7 10 2 2 6 6

Develop a confidence interval estimate of the population mean rating for Miami. Round your answers to two decimal places.

Answers

Using the t-distribution, the 95% confidence interval estimate of the population mean rating for Miami is of:

(4.29, 7.71).

What is a t-distribution confidence interval?

The bounds of the confidence interval are given according to the following rule:

[tex]\overline{x} \pm t\frac{s}{\sqrt{n}}[/tex]

In which the meaning of the parameters are:

[tex]\overline{x}[/tex] is the sample mean.t is the critical value.n is the sample size.s is the standard deviation for the sample.

Using a calculator from the 50 observations given in this problem, the values of the parameters are as follows:

[tex]\overline{x} = 6, s = 2.86, n = 50[/tex]

The critical value, using a t-distribution calculator, for a two-tailed 95% confidence interval, with 50 - 1 = 49 df, is t = 2.0096.

Hence the lower bound of the interval is given by:

[tex]\overline{x} - t\frac{s}{\sqrt{n}} = 6 - 2.0096\frac{6}{\sqrt{50}} = 4.29[/tex]

The upper bound of the interval is given by:

[tex]\overline{x} + t\frac{s}{\sqrt{n}} = 6 + 2.0096\frac{6}{\sqrt{50}} = 7.71[/tex]

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12. In the diagram below, transversal TU intersects PQ and RS at V and W, respectively. If mZTVQ = 5x - 22 and mZTVQ = 3x + 10, for which value of x is PQ parallel to RS? P_ R W A. 6 B. 16 C. 24 D. 28

Answers

ANSWER:

The value of x is 16

STEP-BY-STEP EXPLANATION:

With the information given, they tell us that TVQ can be expressed in two ways, but in the end the value must be the same because it is the same angle.

Thanks to this we can make the following equality:

[tex]5x-22=3x+10[/tex]

Solving for x:

[tex]\begin{gathered} 5x-3x=22+10 \\ 2x=32 \\ x=\frac{32}{2} \\ x=16 \end{gathered}[/tex]

Answer:

16 is the answer

Find the simple interest on $50,000 for 2 years at 7%

Answers

Answer:

$7,000

Explanation:

To find the simple interest on any principal, we use the formula:

[tex]Simple\: Interest=\frac{Principal\times Rate\times Time}{100}[/tex]

From the given question:

• Principal = $50,000

,

• Rate= 7%

,

• Time = 2 years

Therefore:

[tex]\begin{gathered} \text{Interest}=\frac{50,000\times7\times2}{100} \\ =\$7,000 \end{gathered}[/tex]

The simple interest is $7,000.

The sum of two whole numbers is 63. The difference between the numbers is less than 10. Find as many solutions

Answers

Answer:

hmmph..

(32, 31)

(33,30)

(34, 29)

(35, 28)

(36,27)

(37, 26)

Step-by-step explanation:

That all I got....

I really don't know where to start on this problem and I would like it if some could help me please.

Answers

We can draw the following picture:

Since we have a right triangle with hypotenuse equal to 28ft, we can use the trigonometric function. That is, we can write the following relationships:

[tex]\begin{gathered} \sin 30=\frac{RG}{28} \\ \text{and } \\ \cos 60=\frac{RG}{28} \end{gathered}[/tex]

both give the same result.

If we use the first one, we have

[tex]\begin{gathered} RG=28\cdot\sin 30 \\ \end{gathered}[/tex]

since sin30=0.5, we have

[tex]\begin{gathered} RG=28\cdot(0.5) \\ RG=14 \end{gathered}[/tex]

that is, RG = 14 ft, which corresponds to the first option

Over the interval [0,2pi), what are the solutions to cos(2x)=cos(x)? Check all that apply.

Answers

Answer:

x = 0 and 2pi/3

Explanation

Given the expression

cos(2x)=cos(x)

In trigonometry expression;

cos2x = 2xos^2x - 1

Substituting into the equation given;

cos(2x)=cos(x)

2xos^2x - 1 = cos x

Rearrange

2xos^2x - 1 - cosx - 1 = 0

Let P = cosx

2P^2 - P - 1 = 0

Factorize

2P^2 - 2P+P-1 = 0

2P(P-1)+1(P-1) = 0

2P+1 = 0 and P-1 = 0

P = -1/2 and 1

Recall that P = cosx

-1/2 = cosx

x = cos^-1(-1/2)

x = 120 degrees = 2pi/3

If P = 1

cosx = 1

x = cos^-1(1)

x = 0

Hence the value of x that satisfies the equation is 0 ad 2pi/3

A. 90 degrees clockwiseB. 180 clockwiseC. 90 degrees counter clockwise

Answers

1) What we have in the polygon P is at first a

90º Rotation Clockwise because it is in the direction of the clock.

90º Rotation Clockwise

Tracing a line inside the polygon P, we can count approximately 10 units to the right in the translation.

T

Multiply. Write your answer in scientific notation.
2.(4 × 10³)

Answers

The answer to the question is 4000

10x10x10=1000x4=4000

Identify the coefficient and the exponent for each term of 8x² - 2x.
The coefficients are 4 and 1. The exponents are 8 and -2.
The coefficients are 8 and -2. The exponents are 4 and 0.
The coefficients are 8 and 2. The exponents are 4 and 0.
The coefficients are 8 and -2. The exponents are 4 and 1.

Answers

The coefficient of the term 8x² is 8 and the exponent is 2 and the coefficient of the term -2x is -2 and the exponent is 1.

What is an exponential function?

An exponential function is defined as a function whose value is a constant raised to the power of an argument is called an exponential function.

It is a relation of the form y = abˣ  in mathematics, where x is the independent variable

From the expression, a is the coefficient, x is the exponent, and b is the variable

For the term,  y = abˣ, compared with the general equations;

abˣ = 8x²

a = 8 and x = 2

This indicates that the term's coefficient is 8 and its exponent is 2.

Similarly for the second term -2x

So the coefficient of the term -2x is -2 and the exponent is 1

Hence, the coefficient of the term 8x² is 8 and the exponent is 2 and the coefficient of the term -2x is -2 and the exponent is 1.

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Can someone help please

Answers

The maximum displacement of this cosine wave function is equal to 8 inches.

The frequency of this cosine wave function is equal to 1/8 Hertz.

The time (t) required for one cycle is equal to 8 seconds.

What is a cosine wave?

Mathematically, a cosine wave simply refers to an equation of simple harmonic motion (SHM) and it is modelled by this mathematical expression:

y = asinωt = asin2πft     ......equation 1.

Where:

a represents the amplitude or maximum displacement of a cosine wave. f represents the frequency measured in Hertz.ω represents the angular velocity.t represents the time measured in seconds.

How to calculate the maximum displacement?

From the information provided, the equation for this simple harmonic motion (SHM) is given by:

d = -8cos(π/4)t           ......equation 2.

By comparing equation 1 and equation 2, we have the following parameters:

Maximum displacement or amplitude, a = |-8|

Taking the absolute value of a, we have:

Maximum displacement or amplitude, a = 8

For the frequency, we have:

Angular velocity, ω = 2πf

Making frequency (f) the subject of formula, we have:

Frequency (f) = ω/2π

Frequency (f) = (π/4)/2π

Frequency (f) = π/8π

Frequency (f) = 1/8 Hertz.

Finally, we would calculate the amount of time (t) required for one cycle as follows:

Time (t) = 1/f

Time (t) = 1/(1/8)

Time (t) = 8 seconds.

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Complete Question:

An object moves in simple harmonic motion described by the equation d = -8cos(π/4)t, where t is measured in seconds and d in inches. Find the following:

maximum displacement

the frequency

the time required for one cycle.

Full in the spaces to complete the equality:

Answers

5t^2 + 5t = 5t (t + 1).

If you take out a common factor of 5t from 5t^2 + 5t, you get
5t (t + 1).


To check this, distribute the 5t to the terms in the parentheses.
5t • t = 5t^2
5t • 1 = 5t

So, 5t^2 + 5t = 5t^2 + 5t
(which means it is equal!)

A cricket pitch measures $1$ chain by $10$ feet. What is the area of a cricket pitch in square feet?

(Useful information: there are $3$ feet in a yard, and there are $22$ yards in a chain.)

Answers

Area of the cricket pitch is 660 square feet

Given

1 chain is equal to 10 feet

There are 3 feet in a yard

And 22 yards in a chain

Hence it is evident that

One chain is equal to 22 x 3

1 chain = 66 Feet

Area of a rectangle is Length x Width

Length = 66

Width =  10

Hence Area = 66 x 10

Area = 660 Square feet

Hence area of the cricket pitch is 660 square feet.

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A square napkin has sides of length 8 inches. To the nearest inch, what is the length of the diagonal of the (1
napkin?
O8 inches
09 inches
O11 inches
O16 inches

Answers

The length of the diagonal of the napkin is 11 inches.

Here, we are given that a square napkin has a side of length 8 inches.

All the sides of a square are equal and the measure of angle formed by any two adjacent sides is also equal and 90°.

Thus, by using Pythagoras theorem, we can form the following equation-

[tex]side^{2} + side^{2} = diagonal^{2}[/tex]

Let the diagonal of the square be d. Then, we have-

[tex]8^{2} +8^{2} =d^{2}[/tex]

64 + 64 = [tex]d^{2}[/tex]

128 = [tex]d^{2}[/tex]

[tex]d^{2}[/tex] = 128

d = [tex]\sqrt{128}[/tex]

d = [tex]8\sqrt{2}[/tex]

the value of [tex]\sqrt{2}[/tex] is approximately 1.41. Thus,

d = 8 × 1.41

= 11.28

Thus, the length of the diagonal of the napkin to the nearest inch comes out to be 11.

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ANSWER ASAP!! Raise the monomial to a power: -2m^3n^2t to the power of 4

Answers

Answer:

2^5m^15n^10

Step-by-step explanation:

Answer:

16m^12n^8t^4

Step-by-step explanation:

when raising exponents to another exponent you multiply the exponents

Find the slope of the line that passes through each of the following sets of points (0, 0) and (1, 4)

Answers

Answer:

slope would be 4/1

Step-by-step explanation:

its rise over run, so up 4 and out 1

have a good day!

What number would you add to both sides of x2 + 7x = 4 to complete the square?2²0 72이를즐이

Answers

To complete the square, we want a number such that:

[tex]\begin{gathered} 2\sqrt{a}=7 \\ a=(\frac{7}{2})^2 \end{gathered}[/tex]

because in this way we can writte the square as follows:

[tex]\begin{gathered} x^2+7x+(\frac{7}{2})^2=4+(\frac{7}{2})^2 \\ (x+\frac{7}{2})^2=4+(\frac{7}{2})^2 \end{gathered}[/tex]

Hence the answer is the last option:

[tex](\frac{7}{2})^2[/tex]

How do I solve this?

Answers

Answer: F

Step-by-step explanation:

[tex]\sin(x+y)=\sin x \cos y+\cos x \sin y[/tex]

[tex]\tan x=2 \implies \sin x=\frac{2}{\sqrt{5}}, \cos x=\frac{1}{\sqrt{5}}\\\\\sin y=\frac{8}{17} \implies \cos y=-\frac{15}{17}\\\\\sin (x+y)=\left(\frac{2}{\sqrt{5}} \right) \left(-\frac{15}{17} \right)+\left(\frac{1}{\sqrt{5}} \right) \left(\frac{8}{17} \right)\\\\=-\frac{30}{17\sqrt{5}}+\frac{8}{17\sqrt{5}}\\\\=-\frac{22}{17\sqrt{5}}\\\\=-\frac{22\sqrt{5}}{85}[/tex]

A coin has 2 sides: heads (H) and tails (T). A bag has 3 balls: 1 red (R), 1 green (G), and 1 blue (B). You toss a coin and randomly pick a ball. What is the sample space?

Answers

The space sample is the total quantity of possible results

for each toss there are 3 possible results

so the total results are 2x 3 = 6

The only option with 6 elements is B

so the answer is B.

The measure of USV is ________ degrees.The solution is _________________

Answers

Since ∠VST measures 90°, the measure of ∠RSV must also be 90° because the two angles are linear pair.

Since m∠RSU=51°, then the measure of ∠USV is as follows:

[tex]\begin{gathered} m\angle USV=m\angle RSV-m\angle RSU \\ m\angle USV=90\degree-51\degree \\ m\angle USV=39\degree \end{gathered}[/tex]

A tank truck holds 35.3 kiloliters of oil. How many gallons does it​ hold?

The truck holds approximately _____ gallons of oil.
round to the nearest hundredth as needed

Answers

36 is the nearest hundredth

Salaries of Business Graduates. Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $45,000 and $60,000. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. What is the planning value for the population standard deviation? How large a sample should be taken if the desired margin of error is a. $500? b. $200? c. $100? d. Would you recommend trying to obtain the $100 margin of error? Explain.

Answers

3750 is the planning value for the population standard deviation.

In the sampling, one should not recommend trying to obtain the $100 margin of error since the sample size is large.

Firstly, the planning value will be:

= (60000 - 45000) ÷ 4

= 3750

Then the number will be:

= 1.96 × (3750 ÷ 500)²

= 217

Also, for error 200, the desired margin will be:

= 1.96 × (3750 ÷ 100)²

= 5403.

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a standard number cube number 1 through 6 on east side is rolled 3 times what is the probability of rolling a 2 on all three rolls express your answer as a fraction

Answers

the probability of getting a 2 tree times is

[tex]\frac{1}{6}\cdot\frac{1}{6}\cdot\frac{1}{6}=\frac{1}{216}[/tex]

Eighth grade > T.14 Volume of spheres QX7 What is the volume of this sphere? Use a ~ 3.14 and round your answer to the nearest hundredth. 18 cm cubic centimeters Submit Docs

Answers

hello

to solve this question, we need to use the formula for volume of a sphere

[tex]\begin{gathered} v=\frac{4}{3}\pi r^3 \\ v=\text{volume} \\ r=\text{radius} \end{gathered}[/tex]

from the image above, we can now find the radius of the sphere

[tex]\begin{gathered} radius=\frac{\text{diameter}}{2} \\ d=18\operatorname{cm} \\ r=9\operatorname{cm} \end{gathered}[/tex][tex]\begin{gathered} v=\frac{4}{3}\pi r^3 \\ v=\frac{4}{3}\times3.14\times9^3 \\ v=3052.08\operatorname{cm}^3 \end{gathered}[/tex]

from the calculations above, the volume of the sphere is equal to 3052.08cm^3

help meeeeeee pleaseee !!!!

Answers

The linear function that passes through the points (-3, 18) and (2, -7) is defined by the rule:

y = -5*x + 3

How to find the linear function?

We can find a general linear function in the slope-intercept form as:

y = m*x + k

Where m is the slope and k is the intercept of the y-axis.

If we know that the line passes through the points (a, b) and (c, d) then the slope of the function is:

m = (d - b)/(c - a)

In this case the line passes through the points (-3, 18) and (2, -7), then the slope is:

m = (-7 - 18)/(2 + 3) = -5

So the line is something like:

y = -5*x + k

To find the value of k, we can use one of the two given points, I will use (2, -7), so we get:

-7 = -5*2 + k

-7 = -10 + k

-7 + 10 = k

3 = k

So the linear function is:

y = -5*x + 3

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15
A principal needs to order 1,437 T-shirts for students at her school. She rounds to the nearest hundred
to estimate the number of T-shirts to order. Will there be enough T-shirts for all the students? Explain.

Answers

There will not be enough T-shirts for all the students

How to determine if the T-shirts will be enough?

From the question, the given parameters are:

Number of T-shirt = 1437

From the question, we understand that the principal approximates the number of T-shirts to the nearest hundred

When the number of T-shirts is approximated to the nearest hundred, we have

Approximation = 1400

By comparison, 1400  is less than 1437

This means that the T-shirts will not be enough

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