If you deposit $850 into an account which earns 6% yearly interest compounded monthly, how much will be in the account after 4 years, assuming you never withdraw money from the account? Round your answer to the nearest cent if necessary and do not include the dollar sign.

Answers

Answer 1

Answer:

1079.9

Step-by-step explanation:

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

A: ending amount

P: principal (850)

r: interest rate in decimal form (.06)

n: compounding periods, 12 months in a year.

t: time in years (4)

   = 850(1 + .06/12)^12(4)

    = 850(1.005)⁴⁸

    = 850(1.2704891)

    = 1079.9157

Answer 2

Answer:

1079.92

Step-by-step explanation:


Related Questions

The monthly utility bills in a city are normally​ distributed, with a mean of ​$ and a standard deviation of ​$. Find the probability that a randomly selected utility bill is​ (a) less than ​$​, ​(b) between ​$ and ​$​, and​ (c) more than ​$. ​(a) The probability that a randomly selected utility bill is less than ​$ is 0.0076. ​(Round to four decimal places as​ needed.) ​(b) The probability that a randomly selected utility bill is between ​$ and ​$ is 0.6859. ​(Round to four decimal places as​ needed.) ​(c) The probability that a randomly selected utility bill is more than ​$ is 0.0764. ​(Round to four decimal places as​ needed.)

Answers

Complete Question

The complete question is shown on the first uploaded image  

Answer:

a

[tex]P(X < 65) =  0.003467[/tex]

b

[tex]P(86 <  X <  110 )= 0.63928 [/tex]

c

[tex]P(X > 120 ) =0.062024[/tex]

Step-by-step explanation:

From the question we are told that

 The  mean is  [tex]\mu  =  \$ 100[/tex]

 The  standard deviation is  [tex]\sigma  =  \$ 13[/tex]

 Generally the probability that the  monthly utility bills is less than  $65  is  mathematically represented as

     [tex]P(X < 65) =  P(\frac{X  -  \mu }{\sigma }  < \frac{65  -  100 }{13 }   )[/tex]

Generally

  [tex]\frac{X  -  \mu }{\sigma } =  Z (The\ standardized \ value \ of\  X )[/tex]

So

 [tex]P(X < 65) =  P(Z < -2.70  )[/tex]

From the z-table

    [tex]P(Z < -2.70  ) =  0.003467[/tex]

So  

   [tex]P(X < 65) =  0.003467[/tex]

Generally the  probability that a randomly selected utility bill is between $86​ and $​110 is mathematically represented as

 [tex]P(86 <  X<  110 )=  P( \frac{86 -100}{ 13} <  \frac{X - \mu}{\sigma } < \frac{86 -100}{ 13}    )[/tex]

=>  [tex]P(86 <  X <  110 )=  P( \frac{86 -100}{ 13} < Z < \frac{110 -100}{ 13} )[/tex]      

=>    [tex]P(86 <  X <  110 )=  P(-1.08 < Z < 0.77 )[/tex]      

=>    [tex]P(86 <  X <  110 )= P(Z < 0.77 ) -  P(Z < -1.08 ) [/tex]    

From the z-table

    [tex]P(Z < 0.77 ) = 0.77935[/tex]

and  

   [tex]P(Z < -1.08 ) =  0.14007[/tex]

So

     [tex]P(86 <  X <  110 )= 0.77935  -  0.14007 [/tex]    

=>   [tex]P(86 <  X <  110 )= 0.63928 [/tex]    

 Generally the probability that the  monthly utility bills is  more than $120  is mathematically represented as

         [tex]P(X >120 ) =  P(\frac{X  -  \mu }{\sigma }  > \frac{120  -  100 }{13 })[/tex]

=>   [tex]P(X > 120 ) =  P(Z > 1.538   )[/tex]

From the z-table

    [tex]P(Z > 1.54  ) =  0.062024[/tex]

So  

   [tex]P(X > 120 ) =0.062024[/tex]

please help asap.. 15 points!​

Answers

Answer:

the answer is                                                 b

Step-by-step explanation:

the slant asymptote of f(x)=(x^2-4x+1)/(2x-3)

Answers

Answer:

y=1/2x-5/4

I hope this helps you and I hope you do well on whatever you are working on.

Answer:

True

Step-by-step explanation:

Write the product as a power:

(a–b) (a–b)

Answers

Answer:

(a - b)²

Step-by-step explanation:

We are given 2 (a - b) terms.

We can rewrite this as (a - b)².

I’m taking my dog to get groomed in the morning

Answers

AWWWWW:) SO CUTEEE:D what dog do u have:D!!!! I have a mixed chihuahua

Whats the slope on this graph?

Answers

Answer:

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

Step-by-step explanation:

A proportion often shows the relationship between:

Answers

Answer:

It compares two numbers that can represent many of things. For example, people, food & items.

Step-by-step explanation:

when seventeen is reduced by two-thirds of a number, the result is 11

Answers

Answer:

9

Step-by-step explanation:

Let the number be x, then:

17 - 2/3x = 112/3x = 17 - 112/3x = 62x = 6*32x = 18x = 18/2x = 9

If (44)x = 432, what is the value of x?

Answers

Answer:

about 9.82

Step-by-step explanation:

i just divided 432 by 44 in order to isolate x

i hope that correct ans helps

Answer:

x = 9 ⁹/₁₁

Step-by-step explanation:

(44)x = 432

divide both side by 44

x = 432 / 44

x = 9 ⁹/₁₁

A carton contains 5 1/2 cups of juice one servings is 3/4 of cup how many servings of juice are in carton

Answers

Answer:

7 1/3 servings

Step-by-step explanation:

0.75x=5.5

x=5.5÷0.75

x=7.33333

 -or-

7 1/3 servings

What is the definition of supplementary angles.

Answers

Answer: either of two angles whose sum is 180°.

Step-by-step explanation:

Answer:

either of two angles whose sum is 180°

Step-by-step explanation:

I have to do step by step why the answer of (5x - 1) (5x - 1) is 25x^2 - 10x + 1.
How do i do it?

(5x - 1) (5x - 1)

Ans: 25x^2 - 10x + 1

Answers

Answer:

(5x - 1)(5x - 1) = 25x² - 10x + 1

Step-by-step explanation:

Let us solve the question step by step

We need to find the product of (5x - 1) and (5x - 1)

The first step multiply 1st term in 1st bracket by 1st term in 2nd bracket (5x by 5x)

∵ 5 × 5 = 25

∵ x × x = [tex]x^{1+1}[/tex] ⇒ multiply same base means add their powers

∴ x × x = x²

5x × 5x = 25x²

The second step multiply 1st term in 1st bracket by 2nd term in 2nd bracket (5x by -1)

∵ 5x × -1 = (5 × -1)x

5x × -1 = -5x

The third step multiply 2nd term in 1st bracket by 1st term in 2nd bracket (-1 by 5x)

∵ -1 × 5x = (-1 × 5)x

-1 × 5x = -5x

The fourth step multiply 2nd term in 2nd bracket by 2nd term in 2nd bracket (-1 by -1)

∵ -1 × -1 ⇒ (-)(-) = (+)

-1 × -1 = 1

The fifth step add them up

(5x - 1)(5x - 1) = 25x² + -5x + -5x + 1

∵ -5x and -5x are like term, then add their coefficients

∵ -5x + -5x = (-5 + -5)x

∴ -5x + -5x = -10x

∴ (5x - 1)(5x - 1) = 25x² + -10x + 1

∵ (+)(-) = (-)

(5x - 1)(5x - 1) = 25x² - 10x + 1

Which line is parallel to the line 8x + 2y = 12?

Help ASP please!!!

Answers

To be parallel must the slope of the lines equal to each other.

_________________________________

[tex]8x + 2y = 12[/tex]

[tex]2y = - 8x + 12[/tex]

[tex]y = - 4x + 6[/tex]

_________________________________

From left to right ;

1) The slope-intercept form is :

[tex]y = 4x + 4[/tex]

Which means the slope = 4

Look : 4 ≠ -4 thus this is not the answer.

+++++++++++++++++++++++++++++++++++++++

2) The slope-intercept form is :

[tex]y = - \frac{1}{4}x + \frac{3}{4} \\ [/tex]

Which means the slope = -¼

Look : -¼ ≠ -4 thus this is not the answer.

+++++++++++++++++++++++++++++++++++++++

3) The slope-intercept form is :

[tex]y = - 4x - 6[/tex]

Which means the slope = -4

Look : -4 = -4 thus this is the answer.

+++++++++++++++++++++++++++++++++++++++

4) The slope-intercept form is :

[tex]y = \frac{1}{4}x + \frac{11}{4}\\ [/tex]

Which means slope = ¼

Look : ¼ ≠ -4 thus this is not the answer.

_________________________________

And we're done...

♥️♥️♥️♥️♥️

Calculate the circumference of a rug having a diameter of 8ft

Answers

Answer:

C= 25.13ft

Step-by-step explanation:

To find the circumference use the formula C=2 * PI * R

we know that the diameter is 8 which means that the radius is half that amount therefore R=4

Now plug those numbers into the formula

C=2(pi)(4)

= 8(pi)

=25.13

C
B
120
...
...
900
.
.60
140-
350
450400
180
Ray OB divides 2 COA into two angles of equal measure.
True
False

Answers

Answer: True

Consider a number line with 40, 60 and 80 marked.

The value 60 is the midpoint of 40 and 80 since (40+80)/2 = 120/2 = 60

If we curved the number line to fit along the round edge of the protractor, then we'll get the diagram you see here.

Ray OB cuts angle COA in two equal pieces (angle COB, angle BOA). This is another way of saying "ray OB bisects angle COA".

dolphin jet ski shop charges a flat fee of $37.00 plus $1.25 per hour to rent a jet ski. Marlin Jet Ski charges a fee of $30.00 plus $3.00 per hour to rent the same jet ski. Find the number of hours for which the costs are the same

Answers

Answer:

4 Hours, is when they will be the same.

Step-by-step explanation:

1.25 x 4 = 5.00 + 37.00 = 42.00

3.00 x 4 = 12.00 + 30.00 = 42.00

Therfore, at 4 hours they will be the same.

(yay)

I will give you branilest!

What equation could you use to find the total entrance cost for a vehicle with any number of people?

Answers

Answer:

You are correct, and you could also write an expression where m = money, p = people, and v = vehicle

m · p · v = ___

I hope this helps you ^‿^

HELP PLZ I DONT HAVE MUCH TIME!!! 38PTS IS ALL I HAVE PLS ANSWER CORRECTLY!!!

In Ms. Miller's English class, students are given five tests in a semester. At the end of the semester, the scores that a student has earned on the five tests are averaged to obtain that student's class average. So far, DeShawn has taken the first four tests, and his scores are 71%, 90%, 82%, and 77%. Which of the following is the range of all the class averages that DeShawn could possibly receive at the end of the semester?

Answers

Answer:

The range is 81

Step-by-step explanation:

8/9 + 4/9 simplify answer and write as a mixed number

Answers

Answer: 1 1/3

Step-by-step explanation: Divide using long division. The whole number portion will be the number of times the denominator of the original fraction divides evenly into the numerator of the original fraction, and the fraction portion of the mixed number will be the remainder of the original fraction division over the denominator of the original fraction.

Hope this Helps :3

Step-by-step explanation:

Hey there!

Given;

[tex] = \frac{8}{9} + \frac{4}{9} [/tex]

Adding them.

[tex] = \frac{8 + 4}{9} [/tex]

[tex] = \frac{4}{3} [/tex]

Change into mixed number.

[tex] = 1 \frac{1}{3} [/tex]

Hope it helps....

Suppose a granola bar company estimates that its monthly cost is
C(c) = 500x2 + 400% and its monthly revenue is
R(x) = -0.62% + 80022 – 300x + 600, where x is in thousands of
granola bars sold. The profit is the difference between the revenue and the
cost.
What is the profit function, P(x)?
A. P(x) = -0.623 + 1300x2 + 100x + 600
B. P(x) = 0.62+ 300x2 – 700x + 600
C. P(x) = -0.6x3 + 300x2 – 700x + 600
D. P(2) = 0.623 – 300x2 + 700x - 600

Answers

Answer:

C. P(x) = -0.6x3 + 300x^2 – 700x + 600

Step-by-step explanation:

The profit function is P(x) = -0.6x³ + 300x² - 700x + 600.

What is Function?

A function is a relation from a set A to a set B where the elements in set A only maps to one and only one image in set B. No elements in set A has more than one image in set B.

Given,

Cost function, C(x) = 500x² + 400x

Revenue function, R(x) = -0.6x³ + 800x² - 300x + 600

Profit is the difference between the revenue and the cost.

Profit function is therefore the difference of revenue function and the cost function.

P(x) = R(x) - C(x)

P(x) = (-0.6x³ + 800x² - 300x + 600) - (500x² + 400x)

      = -0.6x³ + 800x² - 300x + 600 - 500x² - 400x

      = (-0.6x³) + (800x² - 500x²) + ( - 300x - 400x) + 600

      = -0.6x³ + 300x² - 700x + 600

Hence the profit function of the granola bar company is P(x) = -0.6x³ + 300x² - 700x + 600.

To learn more about Functions, click on the link given below :

https://brainly.com/question/5975436

#SPJ2

Kimberly has a credit card with a 19% APR and a balance of $4,350. With her current monthly payment, Kimberly will be
able to pay off the credit card in a mere 16 months. But when Kimberly's car breaks down, she is forced to charge an
additional $1,600 to her credit card. How much will Kimberly's minimum monthly payment increase if she still wants to
pay off her credit card in 16 months?
a.
$100.00
b. $113.99
C. $309.90
d. $423.89
Mom

Answers

Answer:

B. $113.99

Step-by-step explanation:

-4(3x + 2) =
what is it I need it as fast as you guys can please help​

Answers

Answer:

-12x-8

Step-by-step explanation:

Use Math  Way

Answer:

-12x-8

Step-by-step explanation:

-4(3x+2)

-4*3x= -12

-4*2=-8

A boat is 2000m from a cliff. If the angle of depression from the top of the cliff to the boat is 10 degrees, how tall is the cliff.

Answers

Answer:

Let AB is the height of the cliff = H and p is the posit ion of the boat.Angle of depression= angle of elevation= 15 degrees therefore angle APB= 15 degrees tan 15=AB=h/1,000 h=(1,000)*tan 15=(1,000)(0.26794919243112)=268.94919243112 meters or

Simply: 268meters..........Ans

Translate the sentence into an equation.
Eight times the sum of a number and 9 equals 5.
Use the variable x for the unknown number.

Answers

Answer:

  8(x +9) = 5

Step-by-step explanation:

The words "the sum of a number and 9" mean "x+9" when x is used to represent the number. The "8 times the sum" is 8(x+9). When that "equals 5", then we have the equation ...

  8(x +9) = 5

Given g(x) = -X – 1, solve for x when g(x) = 3.

Answers

Answer:

You have 2 values for g(x) and they are set equal to each other. Which means.....

-x-1 = 3

-x = 3+1

-x = 4

x = 4/-1

x = -4

G-12 +10 ur answer is 230

the number of 8 x 10 to the 11th power is what

Answers

Answer:

800000000000

Step-by-step explanation:

simplify

start with 10 to the 11th power=

100000000000

then *8 =

800000000000

What is the Reciprocal of 10/3

Answers

0.03333333333 in other words 0.03 repeating

Answer:

3/10

Step-by-step explanation:

If you flip 10/3 you get 3/10

Please put the following numbers in order from smallest to largest: 12% 4/28 0.15

Answers

12%, 4/28, 0.15

Pretty simple.

Answer:

12%<4/28<0.15

Step-by-step explanation:

12%=0.12

4/28=1/7=0.143

0.15

PLEASE PLEASE PLEASE HELP. This is a geometry worksheet.

Answers

Answer:

where's the question?

Nina's garden is 4 1/5 meters long and 3/qo meters wide. What is the area of Nina's garden?

Answers

Answer: 63/50 meters^2 or in mixed number 1 13/50 meters^2

Step-by-step explanation:

area= length x width

length = 4 1/5= 21/5 . multiply the whole number with the denominator 4x5= 20 add 20 with the numerator 20+1=22

width = 3/10

21/5 x 3/10 ( multiply the denominators together)

21x3 / 5x10

= 63/50 meters^2 or in a mixed number 1 13/50 meters^2

(by the way I'm guessing you meant 3/10 and not 3/q0)

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