declan deposits $850 into a savings account that pays 3.4% annual interest compounded quarterly. what will be the balance after 5 years?

Answers

Answer 1

Answer:

the answer should be $994.5

Answer 2

The balance after 5 year comes out to be $3552.80

What is compound interest ?

Compound interest is the interest on savings that is computed using both the original principal and the interest accrued over time. It will accelerate the growth of a sum more quickly than simple interest, which is only applied to the principal sum.

Here,

The declan deposits $850 into a savings account that pays 3.4% annual interest compounded quarterly.

Thus rate= 3.4% and principle amount = 850

Therefore it is compounded quartely,

The balance after year=

[tex]C=Pe^{rt}[/tex]

[tex]C= 850 e^{3.5(5)}\\\\C= 850 e^{17.5}[/tex]

C = 3552.80

Therefore, the balance after a year comes out to be $3552.80

Therefore the balance comes out to be after compounded annually is

$3552.50

To know more about compound interest , visit

brainly.com/question/14295570

#SPJ2


Related Questions

5 yr. 8 mo.
8 yr. 6 mo.
+ 4 yr. 5 mo.
We’re the answer

Answers

What is the question?
Answer to what question


simplify: 1 2/3 - 1/4

Answers

Answer:

[tex]1\frac{5}{12}[/tex]

Step-by-step explanation:

[tex]1\frac{2}{3}-\frac{1}{4}[/tex]

[tex]\mathrm{Subtract\;Whole\;Number}[/tex]

[tex]1-0=1[/tex]

[tex]\mathrm{Combine\;fraction}[/tex]

[tex]\frac{2}{3}-\frac{1}{4}:\frac{5}{12}[/tex]

[tex]=1+\frac{5}{12}[/tex]

[tex]=1\frac{5}{12}[/tex]

Hence, the answer is 1 5/12

~Lenvy~

1. Convert the 1 and 2/3 from mixed partial fractions to improper fractions to make it a bit simpler to calculate

⇒ [tex]1\frac{2}{3} = \frac{5}{3}[/tex]

2. Now lets the change the base of both fractions into a common denominator and solve

⇒ [tex]\frac{5}{3}-\frac{1}{4} = \frac{5*4}{3*4} -\frac{1*3}{4*3} =\frac{20}{12}-\frac{3}{12} =\frac{20-3}{12} =\frac{17}{12} = 1\frac{5}{12}[/tex]

Answer: [tex]\frac{17}{12}[/tex] or [tex]1\frac{5}{12}[/tex]

Hope that helps!

Solve by row equivalent method. 6x-4y=0.
x+y-5=0​

Answers

Answer:

x=2 , y=3

Step-by-step explanation:

a student earns R220 a week.What does he earn in a year of it takes 2 weeks unpaid.​

Answers

Answer

R11 000 in a year.

Step-by-step explanation:

Student earn R220 a week.A year have 52 weeksIt takes 2 weeks unpaid

Therefore:

52 weeks - 2 weeks unpaid = 50 weeks

50 weeks × R220 = R11 000 in a year

Look at all three circles below. All circles have the same pattern. What number should replace the question mark?

Answers

16 :)

please mark brainliest??

Solve the inequality.
-4 (7 + 6x)< -2(x+3)
write in inequality integer form ​

Answers

Answer:

-1 >x

Step-by-step explanation:

-4(7+6x)<-2(x-6)

-28-24x<2(x-6)

-28-24x<-2x-6

+6. +6

-22-24x<-2x

+24x +24x

-22 < 22x.

-22÷-22=1 that canceled out

+22÷-22= -1

-1>x. because we divided by a negative the inequality switched.

Hope this helped

The recursive rule for a sequence and one of the specific terms is given. Find the position of the given
term.
f(1)=33, f(n)=f(n-1)+1;38

The term 38 is the BLANK th term

Answers

Answer:

6th term

Step-by-step explanation

select the correct equation rule​

Answers

Replace x in the equation and see which one equals the y values:

The answer is f(x) = 2x - 1

The semester fee for an accounting course has been
increased from $3600 to $ 4500. Find the percentage
increase in the fee per semester.

Answers

Answer:

I believe it is a 25% increase

Answer:

11.1111% increase fee for an accounting course,

5.55555% per each semester.

Step-by-step explanation:

Hope this helps! Please let me know if you need more help, or if you think my answer is incorrect. Brainliest would be MUCH appreciated. Have a great day!

BRAIILEST IF CORRECT
The surface area of the prism is _____ square units. All measurements in the image below are in units. (Input whole number only.)

A triangular prism is shown with 2 right triangular sides having legs 4 and 3 and hypotenuse 5. The length of the prism is 4.5

Answers

Answer:

54 and here is why..

Step-by-step explanation:

In order to calculate the surface are of the prims, you have to calculate the area of each face of the prism, also you have to remember the different formulas to calculate the areas:

Rectangle will be (Length x Width) and

Triangle will be (Base x Height / 2)

SOOO, You just have to insert the values into formulas:

Rectangle1 = 4 x 3.5

Rectangle1 = 14

Rectangle 2 = 5 x 3.5

Rectangle 2 = 17.5

Rectangle 3 = 3 x 3.5

Rectangle 3 = 10.5

Triangle 1 = 4 x 3 / 2

Triangle 1 = 6

Triangle 2 = 4 x 3 / 2

Triangle 2 = 6

SOoo again, if you add all the faces, you get the surface area of the prims:

14+17.5+10.5+6+6=54

I hope this help you my friend, have a good day

Answer:

Step-by-step explanation:

Give him brainliest

What is the equation of the line that contains the points (-5, 0) and (0, 6)?

Answers

Answer:

y=6/5x+6

Step-by-step explanation:

Adalia ate lunch and wanted to leave her waitress a 15% tip. Hermeal cost $8.95. How much money should adalia leave for the dip?

Answers

Answer:

$1.34

Step-by-step explanation:

15% × 8.95 =

(15 ÷ 100) × 8.95 =

(15 × 8.95) ÷ 100 =

134.25 ÷ 100 =

1.3425 ≈

1.34;

Answer:

1.34$

Step-by-step explanation:

Multiply 8.95 by 0.15 to get 15% tip.

Pls answer the question attached.
I WILL MARK U BRAINLIST

Answers

To simplify, we multiply each single one in the first bracket with both in the second bracket :

[tex](3x+1)(3x-5) = 9x^{2} -15x + 3x - 5[/tex]

50 POINTS FOR CORRECT AWNSER

Answers

Answer:

[tex]\sf y \leq \dfrac34x[/tex]

Step-by-step explanation:

Choose 2 points on the line:  (0, 0) and (4, 3)

Let [tex]\sf (x_1,y_1)=(0,0)[/tex]Let [tex]\sf (x_2,y_2)=(4,3)[/tex]

[tex]\sf slope=\dfrac{y_2-y_1}{x_2-x_1}=\dfrac{3-0}{4-0}=\dfrac34[/tex]

point-slope form of linear equation:  [tex]\sf y-y_1=m(x-x_1)[/tex]

[tex]\implies \sf y-0=\dfrac34(x-0)[/tex]

[tex]\implies \sf y=\dfrac34x[/tex]

Solid line : ≤ or ≥

Dashed line: < or >

Therefore as the line is solid, and the shading is below the line,

[tex]\implies \sf y \leq \dfrac34x[/tex]

(-4,-3)(8,6)

Slope:-

[tex]\\ \tt\Rrightarrow m=\dfrac{6+3}{8+4}=\dfrac{9}{12}=\dfrac{3}{4}[/tex]

Equation of line in point slope form

[tex]\\ \tt\Rrightarrow y+3=3/4(x+4)[/tex]

[tex]\\ \tt\Rrightarrow y+3=3/4x+3[/tex]

[tex]\\ \tt\Rrightarrow y=3/4x[/tex]

equation of shaded region

[tex]\\ \tt\Rrightarrow y\leqslant 3/4x[/tex]

Amrit's income is 32% more than Bethan's income. Amrit and Bethan's combined income is £54868.
Calculate Amrit's income.

Can you show your working? ​

Answers

b = Bethan's Income

hmmm how much is 32% of "b" anyway?  

[tex]\begin{array}{|c|ll} \cline{1-1} \textit{a\% of b}\\ \cline{1-1} \\ \left( \cfrac{a}{100} \right)\cdot b \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{32\% of b}}{\left( \cfrac{32}{100} \right)b}\implies 0.32b~\hfill \stackrel{\textit{Amrit's Income}}{b~~ + ~~0.32b} \\\\[-0.35em] ~\dotfill[/tex][tex]\stackrel{\textit{\Large Incomes}}{ \stackrel{Bethan}{b}~~ + ~~\stackrel{Amrit}{(b+0.32b)}~~ = ~~\stackrel{combined}{54868}}\implies 2.32b=54868 \\\\\\ b=\cfrac{54868}{2.32}\implies b=23650~\hfill \underset{\textit{Amrit's Income}}{\stackrel{23650~+~0.32(23650)}{\pounds ~31218}}[/tex]

Please help fast!!! Part A How many solutions does the pair of equations for lines A and B have?
Explain your answer. (5 points)
Part What is the solution to the equations of lines A and B?
Explain your answer. (5 points)

Answers

Answer:

1 solution

(3, 4)

Step-by-step explanation:

The pair of equations for lines A and B have 1 solution because there is one point of intersection.

The point of intersection is (3, 4), therefore this is the solution.

Answer:

3,4

Step-by-step explanation:

It is estimated that there are 1.2 x 10^57 atoms in the Sun. The number of atoms in the rest of the Solar System is
approximately 1.2 x 10^56 About how many more atoms exist in the Sun than in the rest of the Solar system. ( complete answer in scientific notation

Answers

Answer:

56*56

Step-by-step explanation:

The 56*56 is divided by the same option in the 57

John’s current salary is $40,000 per year. His annual pay raise is always a percent of his salary. For the foreseeable future, his pay increases will be 4%. Write an explicit formula for the sequence of amounts. Let s represent John's salary and y represent the number of years.

Answers

Answer:johns my fraind

Step-by-step explanation:

How to understand the Triangle-sum Theorem?

Answers

Answer:

Its Simple All the angles in a triangle adds up to 180°

Step-by-step explanation:

∠A + ∠ B + ∠C = 180° NO matter what. You can also use this in inverse If you have two out of three angles then you can add the two angles you have and subtract the from 180 to get the measurement of the 3rd angle.

Hope this helps

If 3x² is the length of a rectangle and the area is 12x^4 + 27x², what must be the width?

Answers

Answer:

4x^(2)+9

Step-by-step explanation:

Bryce needs to save at least $1400 for new baseball gear. He has $600 and will continue saving $25 a week. Select all the inequalities below that represent this situation where, n, is the number of weeks.
25n + 600 < 1400
25n > 800
25n - 600 > 1400
25n < 800
25n - 600 < 1400
25n + 600 > 1400 ​

Answers

Answer:

25n + 600 > 1400 ​

Step-by-step explanation:

What is the image of the point (-1,7)(−1,7) after a rotation of 90^{\circ}90∘counterclockwise about the origin?

Answers

Answer:

(- 7, - 1 )

Step-by-step explanation:

Under a counterclockwise rotation about the origin of 90°

a point (x, y ) → (- y, x ) , thus

(- 1, 7 ) → (- 7, - 1 )

(show ur work btw) Multiply 400 and 45.2 together.
Round to the nearest hundredth when necessary.
Answer:

Answers

Answer

18,080

Explantion

400x10=4000x4=16000

400x5=2000

2000+16000=18000

400×.2=80

cause 20% of 400 is 80

so total is 18,080

How do you solve? Show your work.
-14 - 6x = x + 7

Answers

Answer:

6

1

4

=

+

7

-6x-14=x+7

−6x−14=x+7

6

1

4

+

1

4

=

+

7

+

1

4

Add the numbers

Add the numbers

again

6

=

+

2

1

Subtract  

x

x

from both sides of the equation

6

=

+

2

1

-6x=x+21

−6x=x+21

6

=

+

2

1

Simplify

Combine like terms

Combine like terms

again

7

=

2

1 the answer is=3

Step-by-step explanation:

Answer:

-3

Step-by-step explanation:

-14-6x=x+7

-14-6x+14=x+7+14

-6x=x+21

-6x-x=x+21-x

-7x=21

\frac{-7x}{-7}=\frac{21}{-7}

x=-3

A lime has a mass of 90 grams, and is in the shape of a sphere with radius 1 point
2.5 centimeters. What is the density of the lime?

Answers

The density of the lime is 1.38 g/cm^3.

What is the density of a lime?

Remember that the density is given by the quotient between mass and volume.

Here, the lime is a sphere with a radius of 2.5 cm, remember that the volume of a sphere of radius R is given by:

V = (4/3)*pi*R^3

So our lime has a volume:

V = (4/3)*3.14*(2.5 cm)^3 = 65.42 cm^3

And the mass is M = 90 grams, then the density is:

D = M/V = (90 g)/(65.42 cm^3) = 1.38 g/cm^3

If you want to learn more about density, you can read:

https://brainly.com/question/1354972

SOMEONE PLS HELPPPPP

Answers

Answer:

answer will be 3rd graph

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Last year, there were k ples baked for the bake sale. This year, there were 214 ples baked. Using k, write an expression for the total number of ples baked in the
two years.

Answers

Answer:

total number of ples baked in the two years= 214+k

you are supposed to be able to do it your own, i think the maths teacher think in this way.

find the missing angle measures

Answers

Answer:

Step-by-step explanation:

180° ( n - 2 )

n = 6 sides

4( x )° + 2( x - 6 )° = 180° ( 6 - 2 )

4x + 2x - 12 = 720

6x = 732

x = 122

x° = 122 °

( x - 6 )° = 116 °

122° + 116° + 122° + 122° + 116° + 122° = 720°

Find the missing length. Leave your answer as radical in simplest form

Answers

Answer:

v = [tex]\frac{7\sqrt{2} }{2}[/tex]

u = [tex]7[/tex]

Step-by-step explanation:

First, the angle on the far left is also 45 degrees.

So, v is equal to [tex]\frac{7\sqrt{2} }{2}[/tex] because this is a 45-45-90 triangle, so the sides opposite the 45-degree angles are congruent.

However, u is the side opposite the 90-degree angle, so it is equal to the other side value, multiplied by [tex]\sqrt{2}[/tex].

So, [tex]\frac{7\sqrt{2}}{2}*\sqrt{2}[/tex] is equal to:

[tex]7[/tex]

Hope this helps!

A rectangle has a width of 6 units and a length of 2x+8 units. If the area is 108 units squared, what is the value of X?

Answers

Answer:

x = 5 units

Step-by-step explanation:

Hello!

We know that the area of a rectangle is the length multiplied by the width.

The length is given as 6The width is given as 2x + 8The area is given as 108

We can simply create an expression to solve for x.

Solve:

Area = length x width108 = 6(2x + 8)108 = 12x + 4860 = 12xx = 5

The value of x is 5 units.

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