Alexander invested $240 in an account paying an interest rate of 2.3% compounded
annually. Assuming no deposits or withdrawals are made, how much money, to the
nearest dollar, would be in the account after 9 years?

Alexander Invested $240 In An Account Paying An Interest Rate Of 2.3% Compoundedannually. Assuming No

Answers

Answer 1

Answer:

295

Step-by-step explanation:

Answer 2

After 9 years, Alexander will have $295 in his bank account.

What is a compound interest?

This is a type of interest that is compounded after time period it is said to be compounded. After that particular period, the interest is calculated and then added with the principle. For the next duration, the interest is calculated on the sum.

Here, to find the amount of money after n years, we need to use the formula S = P(1 + r)ⁿ.

For Alexander, S = sum of money after the total period of investment.

P = Principle = $240, r = rate of interest = 2.3% compounded annually, n = time period = 9 years.

Now, S = $240(1 + 2.3/100)⁹= $240(1 + 0.023)⁹ = $240(1.023)⁹ = $294.5

≈ $295

Hence, after 9 years, Alexander will have $295 in his bank account.

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Related Questions

if you dog a 6ft hole...how deep is that hole??
-Beetlejuice

Answers

Answer:

im confused lol

Step-by-step explanation:

Answer:

6ft

Step-by-step explanation:

can anyone explain how to find slope?

Answers

Answer:

Step-by-step explanation:

Answer:

sure

Step-by-step explanation:

so you will have to use m= rise/ run and for ex if you have the points (4,6) and (-3,3) you would lable 4 as x1, 6 as y1, -3 as x2, and finally 3 as y2 then you would use this form to find slope m= y2-y1/ x2-x1 then you would plug in numbers 3 - 6/ -3 - 4 then you would do the math and get -3/-7 (2 negatives equal a positive) so you would get 3/7 and theres the slope the slope is 3/7

Which equation in standard form has a graph that passes
through the point (-5,11) and -2.5 is the slope.

Answers

Is there a picture so I can give you more information? Please let me know how I can help

Cory, Josh and Dan went shopping for Halloween treats. Cory bought 3 chocolate pumpkins, 4 masks and 8 candy witches. He spent $36.65. Josh bought 5 chocolate pumpkins,3 masks and 10 candy witches. He spent $37.50. Dan bought 4 chocolate pumpkins, 5 masks and 6 candy witches. He spent $43.45. Write a system of equations to represent this problem.

Answers

Answer:

[tex]\left\{\begin{matrix}3x+4y+8z=36.65\\ 5x+3y+10z=37.50\\ 4x+5y+6z=43.35\end{matrix}\right.[/tex]

Step-by-step explanation:

System of equations

Let's set the following variables:

x=Price of chocolate pumpkins

y=Price of masks

z=Price of candy witches

We'll establish the system of equations needed to know the prices of all the Halloween treats.

Cory bought 3 chocolate pumpkins, 4 masks, and 8 candy witches and he spent $36.65. This leads to the following equation:

[tex]3x+4y+8z=36.65\qquad\qquad [1][/tex]

Josh bought 5 chocolate pumpkins, 3 masks, and 10 candy witches and he spent $37.50. This leads to the following equation:

[tex]5x+3y+10z=37.50\qquad\qquad [2][/tex]

Dan bought 4 chocolate pumpkins, 5 masks, and 6 candy witches and he spent $43.45. This leads to the following equation:

[tex]4x+5y+6z=43.35\qquad\qquad [3][/tex]

Collecting the equations [1] [2] [3], we form the system of equations to represent this problem:

[tex]\left\{\begin{matrix}3x+4y+8z=36.65\\ 5x+3y+10z=37.50\\ 4x+5y+6z=43.35\end{matrix}\right.[/tex]

I need help please it’s due in a couple of minutes

Answers

Answer:

1. 16=v    top left

2. n=5.8   bottom left

3. n= -31.9   top right

4. b= 6 .   bottom right

If I am wrong I am sorry

If you order 3 chickens wraps and order 2 orders of potatoes for a total bill of $42.95 someone else orders 5 chicken wraps and 4 orders of potatoes for a total bill of $74.91. What is the cost of a chicken wrap and what is the cost of one order of potatoes

Answers

Answer: The cost of a chicken wrap is $10.99

The cost of one order of potatoes is $4.99.

Step-by-step explanation:

Let the cost of a chicken wrap be x

Let the cost of one order of potatoes be y.

From the question,

3x + 2y = $42.95 ...... equation i

5x + 4y = $74.91 ....... equation ii

Multiply equation i by 5

Multiply equation ii by 3

15x + 10y = $214.75 ..... equation iii

15x + 12y = $224.73 ....... equation iv

Subtract equation iv from equation iii. This will be:

-2y = -$9.98

y = $9.98/2

y = $4.99

Since 3x + 2y = $42.95

3x + 2($4.99) = $42.95

3x + $9.98 = $42.95

3x = $42.95 - $9.98

3x = $32.97

x = $32.97/3

x = $10.99

The cost of a chicken wrap is $10.99

The cost of one order of potatoes is $4.99.

The cost of the lunches for the field trip can be represented by the expression:

4(29) + 4(6).

Identify the values to make these expressions true.

Expand 29 to create an equivalent expression with friendly numbers.
4(
) + 4(6)
Distribute the 4.

Evaluate the multiplication
80 + 36 + 24 =

Answers

20 + 9 is the first answer

4(20)+4(9)+4( 6) is the second answer

80+36+24=140 is the third answer :)

Answer:

1: 20 + 9

2: 4(20) + 4(9) + 4(6)

3: 140

Step-by-step explanation:

look at the picture

2x + 3y = 6

y = 2/3x - 2
y = 2/3x + 2
y = -2/3x - 2
y = -2/3x + 2

Answers

Answer:

y= −2/3x+2

Step-by-step explanation:

2x+3y=6

Add -2x to both sides.

2x+3y+−2x=6+−2x

3y=−2x+6

Divide both sides by 3.

3y/3=−2x+6/3

Which of the following is the correct equation for this function?

Answers

Answer:it’s D

Step-by-step explanation: put the equation into standard form and plugged it into my graphing calculator.

Line u has a slope of -3/4. Line v is parallel to line u. What is the slope of v

Answers

Answer:

-3/4

Step-by-step explanation:

Slopes are equal for parallel lines

Slope of line v is -3/4

rounded to the nearest thousandth the number 0.00006132 is___​

Answers

Answer:

to the right of the decimal is tenths > hundredths > thousandths so since at the thousands place the following number is 0 you round down so the answer is 0

Step-by-step explanation:

Select the correct answer.
In which direction must the graph of fx) = x be shifted to produce the graph of g(x) = x-6?
OA.
down
OB.
up
OC.
neither up nor down
OD
up and down

Answers

Answer:

it moves down

Step-by-step explanation:

for the graph originally f(x)=x and subtract 6 from it, it will move 6 units down, and to find the new coordinate you subtract 6 in y so (x , y-6)→for the new coordinate.

NOTE: if the graph added to 6 it will move up 6 units.

FINDDD VALUE OF Y!!!!

Answers

Answer:

The sum of the internal ángles = 360°

(3y+40)°  and  (3x-70°) are suplementary angles = 180°

then:

(3x-70) + (3y+40) + 120 + x = 360     ⇒ first eq.

(3y+40) + (3x-70) = 180      ⇒  second eq

development:

from the first eq.

3x + x + 3y  =  360  + 70 - 40 - 120

4x + 3y = 430 - 160

4x + 3y = 270       ⇒  third eq.

3y = 270 - 4x

y = (270 - 4x) / 3    ⇒  fourth eq.

from the secon eq.:

3y + 3x = 180 + 70 - 40

3y + 3x = 250 - 40

3y + 3x = 210    ⇒  fifth eq.

multiply by -1  the fifth eq and sum with the third eq.

  -3y  - 3x = -210    ⇒   (fifth eq. *-1)

   3y  + 4x = 270

⇒  0   +  x  = 60

x = 60°

from the fourth eq.

y = (270-4x)/3

y = (270-(4*60)) / 3

y = (270 - 240) / 3

y = 30/3

y = 10°

Probe:

from the first eq.

(3x-70) + (3y+40) + 120 + x = 360

3*60 - 70 + 3*10 + 40 + 120 + 60 = 360

180 - 70 + 30 + 40 + 120 + 60 = 360

180 + 30 + 40 + 120 + 60 - 70 = 360

430 - 70 = 360

Answer:

y = 10

A scientist studied bacteria.
She placed 4 bacteria in a dish.
The population of bacteria triples every 12 hours
Which equation can be used to determine the number of bacteria, y, present after x days?
O y = 4(3)x
O y=4(6)x
O y = 4(3) 2x
O y = 4(6) 2x

Answers

Answer:

the answer to the question is A

An equation is formed of two equal expressions. The equation can be used to determine the number of bacteria, y, present after x days is y = 4(3)²ˣ.

What is an equation?

An equation is formed when two equal expressions are equated together with the help of an equal sign '='.

Scientists placed 4 bacteria in a dish. The population of bacteria triples every 12 hours. Therefore, the equation that can be used to determine the number of bacteria, y, present after x days are:

y = 4(3)²ˣ

Hence, The equation can be used to determine the number of bacteria, y, present after x days is y = 4(3)²ˣ.

Learn more about Equation:

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If you were to describe a translation of triangle ABCABC, what information would you need to include in your description? If you were to describe a rotation of triangle ABCABC, what information would you need to include in your description? If you were to describe a reflection of triangle ABCABC, what information would you need to include in your description?

Answers

Answer:

1) The information required in order to describe a translation of triangle ABC to A'B'C', are;

a) The coordinates of the vertices of the triangle ABC

b) The amount by which the triangle ABC is translated along the x-axis

c)  The amount by which the triangle ABC is translated along the yx-axis

2) The information required in order to describe a rotation of triangle ABC to A'B'C', are;

a) The coordinates of the vertices of the triangle ABC

b) The coordinates of the point about which the triangle ABC is to be rotated

c) The amount in degrees, the triangle ABC is to be rotated

2) The information required in order to describe a reflection of triangle ABC to A'B'C', are;

a) The coordinates of the vertices of the triangle ABC

b) The equation of the line about which the triangle ABC is to be reflected

Step-by-step explanation:

What is the measure of Angle 1 in this figure?
A. 30°
B. 80°
C. 110°
D. 130°​

Answers

Answer:

A

Step-by-step explanation:

Answer will be
D. 130

bob claims that he can map rectangle 1 to rectangle 2 select all of the transformations or series of transformation that support his claim

Answers

Answer:

The first thing you need to notice is that each mark in the coordinate axis represents 2 units.

Now, let's analyze each option that maps rectangle 1 to rectangle 2.

Reflection over the line x = 1, and a translation of 2 units down.

You can see that the right end of rectangle 1 us located at x = -2

The distance between x = -2 and the line of reflection is:

1 -  (-2) = 3

Then the left end of the reflected rectangle will e 3 units at the right of x = 1.

1 + 3 = 4

Will be at x = 4, same as rectangle 2.

Now we move it 2 units down, and we will have rectangle 1 mapped into rectangle 2.

Translation of 12 units right, and then 2 units down.

The right end of rectangle 1 is at x = -2

The right side of rectangle 2 is at x = 10

The difference is 10 -(-2) = 12

Then we must move rectangle 1 12 units to the right.

Now, same as before, we can move rectangle 1 2 units down and we will have rectangle 1 mapped into rectangle 2.

Rotation of 180° around the point (1, 4)

This means a reflection over the line x = 1, followed of a reflection over the line y = 4.

We already see that a reflection over the line x = 1 leaves rectangle 1 right above rectangle 2. And the line that separates them is the line y = 4, then when we do a reflection over that line, we will have rectangle 1 mapped into rectangle 2.

Answer:

D, E, and F

Step-by-step explanation:

n^6
——
n^3

(n^6 divided by n^3)

Answers

Answer:

Step-by-step explanation:

Exponent Division Rule: [tex]\frac{b^m}{b^n} =b^{m-n}[/tex]

Step 1: Define

n⁶/n³

Step 2: Use Exponent Rule

n⁶/n³ = n⁶⁻³ = n³

Answer:

n^3

Step-by-step explanation:

Apply the exponent rule:

x^a

-----    = x ^ a-b

x^b

so basically, you're saying n ^ 6-3, which is n^3

HELP WIL GIVE BRAINLEIST

Answers

Answer:

Sorry and where is your questions..

A line passes through the point (8, -7) and has a slope of -3/4

Write an equation in slope-intercept form for this line

Answers

Answer:

y = -3/4x -7

Step-by-step explanation:

hope this helps!

use two unit multipliers to convert:
A. 6 miles to inches
B. 20 square feet to square inches

Answers

Answer:

A.380160 B. 240

Step-by-step explanation:

1 Square foot (sq ft) is equal to 144 square inches (sq in). To convert square feet to square inches, multiply the square foot value by 144.

SksisjsjsjsssnksisnsbxnxlxodjsbsbdfjfJ

Answers

uhhhh yea i agree as well

y=x-2


HELP MY RSM IS TOMORROW

Graph the lines given by the equation

Answers

Answer:

make a line going through points (2,0) and (0,-2) I put a picture.

Step-by-step explanation:

simplify the following expression: -4x^5y^4x x 5xy^7z^4

Answers

Answer:

-4x^12y^11z^4

Step-by-step explanation:

I can’t find answers to this question. Please help.

Answers

Answer:

Did you try looking it up

Step-by-step explanation:

sorry If I am wrong and don't forget to make me brainliest

I WILL GIVE YOU BRAINLIEST IF YOU GIVE AN ACTUAL ANSWER
If you have 24 square pieces of wood, describe all the different ways you could make a rectangle by placing them side by side.

Answers

Answer:

Step-by-step explanation:

You could make 8 different ways

24 = 1*24 = 2*12 = 3*8 = 4*6 = 6*4 = 8*3 = 12*2 = 24*1

-12.4 + 9.2 =
show work

Answers

Answer:

Hello!!! Princess Sakura here ^^

Step-by-step explanation:

First we have to line them up by the decimal points...

         -12.4

       +  9.2

           -3.2

That's all after you solved it you get -3.2

how many solutions does this have? PLS HELP ILL MARK YOU BRAINEST

Answers

Answer:

5

Step-by-step explanation:

Oscar is raising monarch caterpillars for a summer science project. Every day, he feeds 4 fresh milkweed leaves to each caterpillar. Oscar wants to know how many caterpillars he can feed in a day with a total of 28 leaves. Which equation can Oscar use to find n, the number of caterpillars he can feed in a day?

Answers

Answer: n = 28/4

Step-by-step explanation:

Number of leaves uses to feed each caterpillar = 4.

If Oscar has 28 leaves, the number of caterpillars n he'll be able to feed in a day will be represented by the equation below:

n = 28/4

This implies that 7 caterpillars can be fed in a day.

Lea wrote a number riddle. Her clues were: 9 is 10 times the value of the 9 in 329,513 2 is 110 the value of the 2 in 7,562 6 is 110 the value of the 6 in 4.68 Which number is an answer to Lea's riddle? 19,426 95,826 341,950.26 498,173.26 I need help solving this question can someone plz help me

Answers

Answer: 498,173.26.

Step-by-step explanation:

Place value of the 9 in 329,513 = 9,000

9 is 10 times the value of the 9 in 329,513.

Then, place value of 9 in required number = 10x 9,000 = 90,000

from options only  95,826 and 498,173.26 has 9 at ten thousands place. (cancel all other options)

Also,  2 is [tex]\dfrac1{10}[/tex] the value of the 2 in 7,562.

place value of 2 in required number =[tex]\dfrac1{10}\times2=0.2[/tex]

i.e. place value of 2 in required number 2 tenths

which is in  498,173.26   [place value of 6 is  [tex]\dfrac1{10}[/tex] the value of the 6 in 4.68]

Hence, th required number is 498,173.26.

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