Philip has $5,774 in a savings account. The interest rate is 13%, compounded annually.

To the nearest cent, how much interest will he earn in 5 years?

(compound interest formula)

Answers

Answer 1
Principal (P) = $ 5774Interest rate (r) = 13 %Number of times the amount is compounded per time period (n) = 1Time (t) = 5 years.Let the compound interest be I.Therefore,

[tex] \sf \: I = P(1 + \frac{r}{n} {)}^{nt} - P \\ \sf = 5774(1 + \frac{13}{100} ) ^{1 \times 5} - 5774 \\ \sf= 5774 \times ( \frac{113}{100} ) ^{5} - 5774 \\ \sf= 10638.22 - 5774 \\ \sf = 4864.22[/tex]

Answer:

$4864.22 (approximate value)

Hope you could get an idea from here.

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Related Questions

What is the following sum in simplest form? StartRoot 8 EndRoot 3 StartRoot 2 EndRoot StartRoot 32 EndRoot 3 StartRoot 8 EndRoot 3 StartRoot 2 EndRoot 5 StartRoot 42 EndRoot 9 StartRoot 2 EndRoot 5 StartRoot 2 EndRoot StartRoot 32 EndRoot.

Answers

The sum of the equation is [tex]9\sqrt{2}[/tex] and it can be determined by using addition and it can be determined by summation rule in the equation.

Given that,

Equation; [tex]\sqrt{8} +3\sqrt{2} +\sqrt{32}[/tex]

We have to determine

The sum of the equation.

According to the question,

To determine the sum of the equation following all the steps given below.

Equation; [tex]\sqrt{8} +3\sqrt{2} +\sqrt{32}[/tex]

The sum of the equation is determined by factorizing the equation,

Then,

The sum of the equation is,

[tex]=\sqrt{8} +3\sqrt{2} +\sqrt{32}\\\\= \sqrt{2\times 2\times2 }+ 3\sqrt{2} +\sqrt{2\times 2\times2 \times 2\times2 }\\\\= 2\sqrt{2} + 3\sqrt{2} + 2\times 2\sqrt{2} \\\\= 2\sqrt{2} + 3\sqrt{2} + 4\sqrt{2} \\\\= 9 \sqrt{2}[/tex]

Hence, The required sum of the equation is [tex]9\sqrt{2}[/tex].

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X=-2y,x-y=9 solve by substitution SHOW ALL WORK

Answers

Answer:

x = 6, y = -3

Step-by-step explanation:

x = -2y

x-y = 9

Substitute x = -2y into the equation.

;(-2y)-y = 9

-3y = 9

y = 9/-3

y = -3

Substitute y = -3 into the equation.

x = -2y

x = -2(-3)

x = 6

the area of a triangle is 162 square meters. the height is 18 meters. what is the base

Answers

1345533 is the answer because I want points

Answer:

Triangle Area = (1/2) * base * height

base = 2 * Area / height

base = (2 * 162) / 18

base = 324 / 18

base = 18 meters

Step-by-step explanation:

Which values of k would cause this system of equations to have no solution? Check all that apply. 6x 4y = 14, 3x 2y = k â€"2 5 7 10 21.

Answers

The values of k that will cause the system of equations to have no solution is; k = 7 and 21

We are given the simultaneous equations;

6x - 4y = 14

3x - 2y = k

Now, for both equations not to have a solution it means that x and y can't be made to be subjects.

Now, by inspection see see that the left hand side of the second equation when multiplied by 2 gives the left hand side of the first equation.

By implication, for both equations not to have a solution, k must also be multiplied by 2 to give 14.

Thus;

2k = 14

k = 14/2

k = 7

Also, since 21 is 1.5 multiplied by 14, it means that when we make 21 to be k, there will also be no solution.

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Answer:

-2, 5, 10, 21

A, B, D, E

please help me with this problem

Answers

Answer:

v=32

Step-by-step explanation:

23-15=8x4=32

32/4+15=23

What is the equation of a line that is perpendicular to the line y = - 1/2 x + 1 and passes through the point (8, - 1)? A y = −1/2 x + 8 B y = 2x - 17 C y = −1/2 x − 2 D y = 2x - 1

Answers

Answer is B y = 2x - 17

First find the negative reciprocal of the gradient for y = -1/2 x + 1 to find the perpendicular line gradient.

-1/2 = 2

Gradient of perpendicular line = 2

Perpendicular line is y=2x + c

Substitute (8,-1) into the line to find the y-intercept (c).

-1 = 2(8) + c
-1 = 16 + c
c = -17

Therefore, the perpendicular line is y = 2x - 17.

At the school's holiday craft fair, Juan and his classmates get to make gingerbread houses. Their teacher divides a bag of licorice ropes evenly among the 8 students at the table. Each student gets 4 licorice ropes to decorate the roof of his or her gingerbread house.
Which equation can you use to find the number of licorice ropes r that came in the bag?

Answers

To find the number of licorice ropes r that came in the bag, the equation would be r/ 8 = 4.

What is a system of equations?

A system of equations is two or more equations that can be solved to get a unique solution. the power of the equation must be in one degree.

The teacher divides a bag of licorice ropes evenly among the 8 students at the table.

Each student gets 4 licorice ropes to decorate the roof of his or her gingerbread house.

Let the number of licorice ropes that came in the bag be r.

The total number of students = 8

one student gets the licorice ropes = 4

The equation formed

r/ 8 = 4

r = 32

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The equation to find the number of licorice ropes came in the bag r, is r = 32

The equation to find the total number of licorice ropes, r, that came in the bag, based on the information provided. Each student gets 4 licorice ropes to decorate the roof of their gingerbread house, and there are 8 students.

The total number of licorice ropes can be found by multiplying the number of ropes each student gets (4) by the number of students (8):

Total licorice ropes = Number of ropes per student × Number of students

r = 4 × 8

Simplifying further:

r = 32

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help ASAP please PLS​

Answers

Answer:

-103

Step-by-step explanation:

Just subtract

Answer:

-103

Step-by-step explanation:

You add all the numbers then put the negative sign.

Which is the sum of two or more different monomials?

Answers

Answer: Polynomial

Step-by-step explanation:

HELPPP PLZZ AND THANK YOU <3

Answers

Answer:

Step-by-step explanation:

Some please help me I’ll give you brainlist answer

Answers

Answer:

Step-by-step explanation:

The area of the square is 3 units by 3 units. because the area of a square is side length squared.

side length = 3

side length^2 = 3 * 3 = 9

The area of a circle is much harder to reason out. You could start with the area of a square and use the diameter is 3 units. But the corners are rounded and you don't know off hand what the area of one of them is, let alone all 4. You are given a formula for circles area, but you have no real idea what the formula actually means. Does it take the corner area into account? At the beginning levels, we don't know.

Answer:

The area of the square is 9 aka [tex]3^{2}[/tex]

You can find it easily by just counting the number of squares inside the square, or by counting the number of squares at its length then multiplying it by its width; so 3 x 3 = 9

It wouldn't be as easy to find the area of the circle because you don't have the radius, nor diameter, so basically, no quantitative values could be used to at least guess.

2(x + 3) = x-4

What does X equal !!!

Answers

Answer x =-10

Step-by-step explanation:

:)

Express the perimeter of the following
rectangle in terms of n.
3n-7
n + 5
1. O 4n - 2
2. O 8n - 14
3. O 8n - 4
4. O 6n - 14

Answers

Answer:

8n - 4.

Step-by-step explanation:

Perimeter: 2B + 2L=> 2(3n - 7) + 2(n + 5)=> 6n - 14 + 2n + 10=> 8n - 4

Conclusion:

Therefore, the perimeter in terms of n is 8n - 4.

Hoped this helped.

[tex]BrainiacUser1357[/tex]

its A

Step-by-step explanation:

A machine prints 8 banners in 120 seconds. How many seconds does it take to print one banner?

Answers

Answer:

15 seconds

Step-by-step explanation:

Number of seconds taken to print 8 banners = 120 seconds

Number of seconds taken to print 1 banner will be x seconds

Banners           Seconds

8                         120

1                           x

By cross multiplication, we get

=> 120*1/8 = x seconds

=> 120/8 = 15 seconds

It takes 15 seconds to print one banner.

Hope you got it!!

Which is further 104km or 70 miles ? ​

Answers

Answer:

104 km is further than 70 miles.

Step-by-step explanation:

Using the conversion table, we can tell that 1 km = 0.62 miles. Now, let's see which is bigger.

=> 104 km ☐ 0.62 miles=> 0.62 x 104 ☐ 0.62 x 70 => 104 ☐ 70 => 104 > 70

Conclusion:

We can clearly see that 104 km is further than 70 miles.

Hoped this helped.

[tex]BrainiacUser1357[/tex]

A class has 6 boys and 14 girls. What is the ratio in simplest form that compares number of boys to total number of students?
A. 6:14
B. 6:20
C. 3:7
D. 3:10

Answers

C) 3:7
hope this is helpful!

a

Two taxi companies have different pricing systems. Company A charges a flat fee of $8 plus $0.10

per mile driven. Company B does not charge a flat fee, but charges $0.60 per mile driven. At what

distance do both companies charge the same amount?

Answers

Answer:

16 miles

Step-by-step explanation:

let the number of miles driven be = x

Company A = Company B

8 + 0.10x = 0.60x

8 = 0.50x

x = 16

Hi ~ just a quick note:

I just started uploading videos to yt that contains steps to solving a problem. I sometimes share an unlisted video link so you can view it.

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-Chetan K

Which equation could be solved using this application of the quadratic formula? A. -2x2 â’ 8 = 10x â’ 3 B. 3x2 â’ 8x â’ 10 = 4 C. 3x2 8x â’ 10 = -8 D. -2x2 8x â’ 3 = 4.

Answers

The given question can be solve using quadratic formula.

The correct option is (c) [tex]3x^2 +8x -10=-8[/tex].

Given:

The given equation is,

[tex]x=\dfrac{-8\pm\sqrt{8^2-4(3)(-1)}} {2(3)}[/tex]---------------------------(1)

Write the general quadratic equation.

[tex]ax^2 + bx +c=0[/tex]

Write the quadratic formula.

[tex]x =\dfrac {-b \pm \sqrt{(b^2 - 4ac)} } {2a}[/tex]------------------------------- (2)

Compare equation (1) and (2).

[tex]a=3\\b=8\\c=-2[/tex]

Substitute the value of [tex]a[/tex], [tex]b[/tex] and [tex]c[/tex] in general quadratic.

[tex]3x^2 +8x -2=0[/tex]

Subtract [tex]8[/tex] from each side of above equation.

[tex]3x^2 +8x -2 -8=0-8\\3x^2 +8x -10=-8[/tex]

Thus, the correct option is (c) [tex]3x^2 +8x -10=-8[/tex].

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Can someone help me with these equation

Answers

Answer:

6

Step-by-step explanation:

i think this is correct answer

the answer is b = 12


mark me

what are the different types of geometric constraints that are applied to sketches, and what are their functions?

Answers

Some examples of geometric constraints include parallelism, perpendicularity, concentricity and symmetry. Parallelism occurs when two or more lines or axes of curves are equidistant from each other. Perpendicularity is a constraint in which lines or axes of curves intersect at right angles.


What is the result of subtracting 4x^2 + 3xy +2y^2 from 5x^2 + 3xy + 6y^2?

Answers

x^2 + 6xy + 8y2

4x^2 + 3xy + 2y^2 - 5x^2 + 2xy + 6y^2

= 4x^2 + 3xy + 2y^2 + -5x^2 + 3xy + 6y^2

Combine like terms:

= 4x^2 + 3xy + 2y^2 + -5x^2 + 3xy + 6y^2

= (4x^2 + -5x^2) + (3xy + 3xy) + (2y^2 + 6y^2)

= -x^2 + 6xy + 8y^2

Lilly buys fresh fruit from a fruit stand. Apples cost $5 per pound and oranges cost $4 per pound. She has $40 to spend. The table shows the function relating the number of pounds of apples, x, and the number of pounds of oranges, y, Lilly could purchase.

Apples (lb) Peaches (lb)
x y
0 10
1 8.75
2 7.5
4 5
6 2.5
8 0

Answers

Answer:

Different ways to answer this question

Step-by-step explanation:

You can do a ratio  of 1:4 apples and 1:5 oranges

I need this answer
ASAP!

Remainder of 52,259 divided by 215

Answers

Answer:

14

Step-by-step explanation:

52,259 divided by 215 is 243.065116279

so we know that the nearest whole number is 243.

243x215 is 52,245

subtract 52,245 from 52,259 which gives you the remainder of 14

What is the solution to the equation? −12x=−3 Enter your answer as a simplified fraction in the box. x =

Answers

Answer:

1/4

Step-by-step explanation:

This is because you want to get x alone, so if you divide -12 on one side you have to do it on the other side, so you get -3/-12 which can be divided by -3 to be simplified to 1/4. Hope this helps!

Answer:

1/4

Step-by-step explanation:

-12x = -3

x = 12 : -3

x = 1/4

--------------------

check

-12 * 1/4 = -3

-3 = -3

the answer is good

Divide.
(2x² - 2x-7) divided by (x+2)
Your answer should give the quotient and the remainder.

Answers

Answer:

2x³-2x²-3x-14

Hope it helps you

could someone help me find the stuff?

Answers

Answer: i cant really see the homework

Step-by-step explanation:

I didnt know id you wanted all so
2. (-4,1) (-2,-1)
3. (-1,-4) (1,-3)
4. (-4,4) (0,-1)
5. (2,-1) (3,-1)
6. (-2,1) (-3,-3)
7. (-4,3) (-2,-1)
8. (0,-2) (0,-4)

Hope it helps!

Mrs. Crandall spent $42 on window shades that were on sale for a certain percent discount. The original price of the shades was $70. What percent was the discount?

Answers

To calculate the percent you need to:

Subtract the new price from the old price

70 - 42 = 28

Divide this number by the original price

28/70 = 0.4

Multiply this number by 100

0.4 * 100 = 40

The percent of discount was 40% off. What a steal.

2x3 + 8x2 + 10x + 4 all potential roots and actual roots

Answers

Answer:

potential: {±1/2, ±1, ±2, ±4}actual: [-2, -1, -1}

Step-by-step explanation:

The Rational Root Theorem tells you that potential rational roots are ...

  ±(divisor of constant term)/(divisor of leading coefficient)

Ignoring the fact that all of the coefficients can be reduced by a factor of 2, straightforward application of this theorem suggests possible rational roots might be ...

  ±{1, 2, 4}/{1, 2} = {±1/2, ±1, ±2, ±4} . . . potential roots

Examination of the graph of the function shows the actual roots are ...

  x = -2, -1 (multiplicity 2)

_____

Additional comment

Descartes' rule of signs eliminates positive real roots from the list. (There are no coefficient sign changes, hence no positive real roots.)

Division of the polynomial by 2 gives x³ +4x² +5x +2 = 0, which only suggests rational roots of -2 or -1. The answer to the question of potential roots depends on the extent to which you refine the list above.

4) A jet travels 450 miles in 2 hours. At this rate, how far could the jet fly in
14 hours? What is the rate of speed of the jet?

Answers

3150 miles in 14 hrs

225 mph

hope this helps!

The cafeteria made 19 mushroom pizzas and 57 pepperoni pizzas.What percentage of the pizzas were mushroom?

Answers

Answer:

the answer is 14.04

...............

25 % of pizzas were mushroom pizzas.

What is percentage?

Percentage is a measurement to find value of given number out of hundred.

Given that,

Number of mushroom pizzas = 19,

And number of pepperoni pizzas = 57.

Total number of pizzas = 19 + 57 = 76.

To find the number of percentage of pizzas of mushroom,

Use percentage property,

= (Number of mushroom pizzas / total pizzas) x 100

= (19 / 76) x 100

= 100/ 4

= 25 %

The required percentage of mushroom pizzas = 25 %.

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