Please help!

Quincy has $6,000 in a savings account that earns 4% interest, compounded annually.

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

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Please Help!Quincy Has $6,000 In A Savings Account That Earns 4% Interest, Compounded Annually.To The

Answers

Answer 1

Given Information:

Principle amount = P = $6,000

Interest rate = r = 4% = 0.04

Period in years = t = 5

Required Information:

How much interest will he earn in 5 years = ?

Answer:

Amount of interest = $1,299.92

Step-by-step explanation:

Using the formula given in the question,

[tex]B = P(1 + r )^{t}[/tex]

Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years

[tex]B = P(1 + r )^{t}\\\\B = 6,000(1 + 0.04)^{5}\\\\B = 7,299.92[/tex]

The amount of interest earned is

[tex]Amount \:of\: interest = B - P \\\\Amount \:of \:interest = 7,299.92 - 6,000\\\\Amount \:of \:interest = 1,299.92[/tex]

Therefore, Quincy has earned $1,299.92 in terms of interest by investing  $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.


Related Questions

Please help me with this questions!
Will mark brainliest!

Answers

Answer:

1a. 119

1c. 598

2a. 36

2c. 825

Step-by-step explanation:

1a. So to discount 15% you take 85% of 140. That is 119

1c. Take 92% of 650. That is 598

2a. So to markup 20% you take 120% of 30. That is 36

2c. Take 110% of 750. That is 825

What is the circumference and area of a circle with a radius of two

Answers

Answer:

The area and circumference is/are both 4π

Step-by-step explanation:

Formula for the circumference: 2πr

Formula for the area: πr²

2×π×2=4π

The circumference is 4π

π×2²= 4π

The area is 4π

Which pair of statement correctly compares the two data sets?

Answers

Answer:

please there are no data sets, i can't see them

Answer:

a

Step-by-step explanation:

What is the following product? RootIndex 3 StartRoot 24 EndRoot times RootIndex 3 StartRoot 45 EndRoot RootIndex 3 StartRoot 69 EndRoot 4 (RootIndex 3 StartRoot 6 EndRoot) 6 (RootIndex 3 StartRoot 5 EndRoot) 6 (RootIndex 3 StartRoot 10 EndRoot)

Answers

Answer:

Answer is C

Step-by-step explanation:

The result of product [tex]\sqrt[3]{24} \times \sqrt[3]{45}[/tex] is [tex]6\sqrt[3]{5}[/tex].

The product is represented as:

[tex]\sqrt[3]{24} \times \sqrt[3]{45}[/tex]

Multiply the roots

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= \sqrt[3]{24\times 45}[/tex]

Rewrite the above expression as:

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= (24\times 45)^{1/3}[/tex]

Expand 24

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= (3 \times 8 \times 45)^{1/3}[/tex]

Express 8 as 2^3

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= (3 \times 2^3 \times 45)^{1/3}[/tex]

So, we have:

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 2(3 \times 45)^{1/3}[/tex]

Express 45 as 9 * 5

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 2(3 \times 9 \times 5)^{1/3}[/tex]

Express 9 as 3^2

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 2(3 \times 3^2 \times 5)^{1/3}[/tex]

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 2(3^3 \times 5)^{1/3}[/tex]

So, we have:

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 2\times 3(5)^{1/3}[/tex]

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 6(5)^{1/3}[/tex]

Rewrite as:

[tex]\sqrt[3]{24} \times \sqrt[3]{45}= 6\sqrt[3]{5}[/tex]

Hence, the result of product [tex]\sqrt[3]{24} \times \sqrt[3]{45}[/tex] is [tex]6\sqrt[3]{5}[/tex]

Read more about products at:

https://brainly.com/question/10873737

A. Translation
B. Glide reflection
C. Rotation

Answers

Answer:

Rotation.

Step-by-step explanation:

The preimage is rotated about a center clockwise 90 degrees.

Which fraction lies between 0.70 and 0.75 on number line?

Answers

Answer:

Please see my attachment below.

It has the work to your question and should help you understand it visually.

Hope it helps.

Using y=3x+9 Identify the slope (There is more than one answer)

Answers

Answer: 3

Step-by-step explanation:

Answer:

3 and 3/1! Why both you ask? Because they mean the same thing.

Step-by-step explanation:

9 is your y-intercept, and 9/1 is totally off.

What number can be added to the right side of the equation to change it to a function with one real zero

Answers

Answer:

+3

Step-by-step explanation:

Where the graph crosses the x axis is where the real zeros exist. The parabola's minimum is at point (-3,-3) by adding a +3 to the right side of the equation will raise the minimum to point (-3,0) therefore giving it only one point where it touches the x axis. Then the parabola will only have one zero, the minimum of the parabola.

Team Sports Sport Number of Players Baseball 9 Basketball 5 Football 11 Hockey 6 Lacrosse 10 Polo 4 Rugby 15 Soccer 11 Enter the ratio of lacrosse players to baseball players in the form a b and then as a decimal showing up to four decimal places. Tell whether the decimal is a terminating or a repeating decimal.

Answers

Answer:

Ratio of Lacrosse players to Baseball players  is 10:9 or 10/9

Step-by-step explanation:

A ratio can be seen as a relationship between two values which is based on quantitative measures.

To do this simply we divide the values of the quantities that we want to determine the ratio of which on is to the other.

It can be seen as Value of quantity A / Value of quantity B

In this case, quantity A is the Lacrosse players, and it has a value of 10

quantity B represents the Baseball players with a value of 9.

Hence the ratio is  [tex]\frac{10}{9} = 1.1111[/tex]

It can also be written as 10: 9

The decimal is a repeating decimal because the numbers after the decimal points take up a pattern that repeats themselves up to infinity.

Determine the number of possible positive real zeros and the number of possible negative real zeros a. positive 1; negative 3 or 1 c. positive 3 or 1; negative 1 b. positive 1; negative 2 or 1 d. positive 2 or 1; negative 1 Please select the best answer from the choices provided

Answers

Answer:

its c on edg 2020

Step-by-step explanation:

A company is producing a candy bar with an average weight of 58 grams and a standard deviation of 2 grams. To pass inspection and be boxed to sell, the company has stated that the weight of an individual bar must fall within the middle 99.7% of all the candy bar weights. Assuming the weights are normally distributed and with the mean in the middle, plot a line segment that represents the range of weights that will pass inspection.

Answers

Answer: For plato users

Plot the numbers on your number line

Firstly plot =52

Secondly plot = 64

Step-by-step explanation:

Can anybody help me solve this? You must solve for X first. I will mark as brainliest if there is an explanation.


(Click on image for full picture)

Answers

Answer:

106 degrees

Step-by-step explanation:

Since all the angles add up to 360 degrees we can find the value of x first and then substitute that value into angle VUX (12x+10)

11x + 1 + 12x + 10 + 75 + 90 = 360

23x + 176 = 360

23x = 184

x = 8

when x = 8,

<VUX = 12x + 10 = 12(8) + 10 = 106 degrees

Answer:

∠VUX = 106º

Step-by-step explanation:

Once the Quadrilateral add up to 360,

[tex]360\º=90\º+11x+1+75\º+12x+10\\360\º=176\º+23x\\8\º=x[/tex]

The measure of ∠VUX is [tex]12x+10[/tex]

Once [tex]x=8\º[/tex]

[tex]12(8)+10\\106[/tex]

please help..ive got some of it but some of its so confusing

Answers

Answer:

12.5%

Step-by-step explanation:

its 1/4 the area of the bigger square, so half of the 1/4 is 1/8

Elevator 1 in a hotel moved from ground position to a final position of +18 feet. Elevator 2 in the same building moved from ground to a final position of −20 feet. Which statement best describes the final positions of these two elevators?


A: Elevator 1 is 18 feet below ground level, and Elevator 2 is 20 feet above ground level.

B: Elevator 1 is 18 feet above ground level, and Elevator 2 is 20 feet below ground level.

C: Elevator 1 is 18 feet above ground level, and Elevator 2 is 20 feet below the position of Elevator 1.

D: Elevator 1 is 18 feet below ground level, and Elevator 2 is 20 feet above the position of Elevator 1.

Answers

Answer: B. Elevator 1 is 18 feet above ground level, and Elevator 2 is 20 feet below ground level.

Step-by-step explanation:

Let "up" be positive and "down" be negative.

Both elevators start at position x = 0

The change in x (Δx) of Elevator 1 is +18 feet, which means it is 18 feet above the origin (which is ground level)

The change in x (Δx) of Elevator 2 is -20 feet, which means it is 20 feet below the origin (which is ground level)

Therefore, Elevator 1 is 18 feet above ground level, while Elevator 2 is 20 feet below

Answer:

Awnser B :) Hope i helped

Step-by-step explanation:

Please Help!!! What is the ratio of the volume of Cylinder A to the volume of Cylinder B?

Answers

Answer:

D. 27/16

Step-by-step explanation:

Volume of a cyclinder=πr^2h

Volume of cylinder A=πr^2h

r=3

h=3

π=3.14

=3.14×3^2×3

=3.14×9×3

=84.78

Volume of cylinder B

r=2

h=4

Volume of cylinder B=πr^2h

=3.14×2^2×4

=3.14×4×4

=50.24

Ratio of A to B

=84.78/50.24

Change to fraction

=84.78×100/50.24×100

=8478/5024

=27/16

what is the slope of the points (-6.4,-2.6) and (5.2,9)

Answers

Answer:

X= 1

Hope this helps you!

A pillow that usually cost $18 is marked down 25% what is the markdown and what's the new price

Answers

Markdown: $4.50
New price: $13.50

Answer:

a = 4.50

b = 13.50

Step-by-step explanation:

i did the quiz

LOTS OF POINTS


It’s starting to get colder at night, so Sam decides to remove the goldfish from the pond in his backyard. He tries to catch the fish with a net; however, even though he can clearly see the fish in the water, he misses it. He infers that he missed because the light is being refracted. What is causing the refraction?



1: The air and the water are different colours.
2: The air and the water have different densities (and media).
3: The water is reflecting the light.
4: The air is reflecting the light.

EXPLAIN YOUR ANSWER

Answers

Answer:

Light refracts whenever it travels at an angle into a substance with a different refractive index (optical density). This change of direction is caused by a change in speed. For example, when light travels from air into water, it slows down, causing it to continue to travel at a different angle or direction. Which would make him see the fish in a spot that its not at. So 2 is the correct answer.

Determine the projection of vector w onto vector u. u=9i-6j, v=-3i-2j, w=19i+15j

Answers

Answer:

[tex]proj_uw=6.2i-4.2j[/tex]

Step-by-step explanation:

The projection of a vector [tex]v[/tex] onto a vector [tex]u[/tex] is defined as the projection of the vector [tex]v[/tex] on the line that contains the vector [tex]u[/tex]. It can be calculated  using the following formula:

[tex]proj_uv=\frac{u\cdot v}{||u||^2} u[/tex]

Where:

[tex]u\cdot v[/tex]

Is the dot product between [tex]u[/tex] and [tex]v[/tex] which is given by:

[tex]u\cdot v= $$\sum_{i=1}^{n} u_iv_i= u_1v_1+u_2v_2+...+u_nv_n$$[/tex]

and:

[tex]||u||[/tex]

Is the magnitude of vector which can be calculated as follows:

[tex]||u||=\sqrt{u_1^2+u_2^2+...+u_n^2}[/tex]

In this sense, the projection of vector w onto vector u is:

[tex]proj_uw=\frac{u\cdot w}{||u||^2} u[/tex]

Where the dot product between [tex]u[/tex] and [tex]w[/tex] is:

[tex]u\cdot w =(9*19)+(-6*15)=171-90=81[/tex]

And the magnitude of [tex]u[/tex] is:

[tex]||u||=\sqrt{9^2+(-6)^2} = 3 \sqrt{13}[/tex]

Thus:

[tex]proj_uw=\frac{u\cdot w}{||u||^2} u=\frac{81}{117} \langle9,-6\rangle=\langle6.23,-4.15\rangle\approx6.2i-4.2j[/tex]

Answer:

A on edge

Step-by-step explanation:

Got it right on quiz (:

Find the surface of the figure :1ft,5ft,7ft

Answers

I don't know if this is going to be helpful but I think it is 94 ft squared

Pat mixed .85/lb coffee with .55/lb coffee to form a mixture worth .75/lb. How many lbs of each should she use to make 120lbs of the mixture?

Answers

The pounds would be 4

How can I find the area of this irregular shape?

Answers

Answer:

the idea is to devide the shape into 3 smaller parts.

Step-by-step explanation:

devide it to three areas :

> semi-circle (0.5 * pi * R), R=5

>Square (10 * 10)

> triangle (0.5 * base * height),

bsse =10, height =7

Add them together.

A) Mo has been rounding decimal numbers to the nearest whole number. Put a * by the correct answers and correct the incorrect answers. Number Rounded to Whole Number Correct (*) or Correction 7.2 7 * 8.5 8 9 12.9 13 * 3.4 3 * 11.5 11 12 9.5 9 10 b) Mo has made the same mistake throughout. Explain to Mo the mistake he has made. A:

Answers

Answer:

A)

7.2 7 * ⇒ correct

8.5 8 9 ⇒ 9 is the correct answer

12.9 13 * ⇒ correct

3.4 3 * ⇒ correct

11.5 11 12 ⇒ 12 is the correct answer

9.5 9 10 ⇒ 10 is the correct answer

B)

When a decimal number is 5 or more, you must round up, e.g. 4.5 must be rounded up to 5. You round down when the number is 4 or less.

Nick is solving the equation 3x^2=20-7x with the quadratic formula
which values could He use for a, b and c

Answers

Answer:

C. a = 3

b = 7

c = -20

Step-by-step explanation:

x = -b+/- (sq) b^2 - 4ac.

Well the way to plug the numbers in is by using this equation: Ax^2 + Bx + C = 0

S if you use your equation : 3x^2 = 20 - 7x

First you have to move everything to one side.

So it'll look like this:

3x^2 = 20 - 7x

-20      -20

3x^2 - 20 = -7x

+7x  +7x

3x^2 - 20 + 7x = 0

don't forget that... Ax^2 +Bx+ C= 0

3 = A

7 = B

-20 = C

We gave a national verbal proficiency test that has a mean score of 500 with a standard deviation of 75. What raw score would correspond to the 60th percentile

Answers

Answer:

519

Step-by-step explanation:

Let's assume that the scores for the national verbal proficiency test follow a normal distribution.

Mean score (μ) = 500

Standard deviation (σ) = 75

According to a Z-score table, the score for the 60th percentile is roughly z = 0.253

For any score "x", the z-score is given by:

[tex]Z=\frac{X-\mu}{\sigma}[/tex]

For z = 2.53:

[tex]0.253=\frac{X-500}{75}\\X=519[/tex]

The raw score to the 60th percentile is 519.

What is the ratio of X to O?

Answers

Answer:

x:o

Step-by-step explanation:

Answer:

X : O

Step-by-step explanation:

That's a ratio.

What do you use a pen for

Answers

Answer:

writing. a good pen of the type and point size that's most comfortable for you. Generally I find that fine-point pens are the best for taking notes. You can write smaller and get more on a page. If your handwriting tends to be small, you'll probably prefer a fine point.

What should be done to solve the equation?
X- 17 = 11
Add 17 to both sides.
Add 17 to the left side and subtract 11 from the right side.
Add 17 to the left side and subtract 17 from the right side.
Add 11 to both sides.

Answers

Answer:

add 17 to both sides

Step-by-step explanation:

as it cancels itself

mark brainliest

Answer:

Add 17 to both sides

Step-by-step explanation:

i did the quiz

Use the information provided to write the equation of each circle.

Answers

Answer:

( x - 8 )^2 + ( y + 16 )^2 = 4; Option C

Step-by-step explanation:

~ We know that the standard circle equation ( x - a )^2 + ( y - b )^2 provided r ⇒ radius of the circle, centered at ( a, b ) ~

1. With that being being said, we are given the center with coordinates (8, -16), that can be plugged into this circle equation as a and b, while x and y are kept such: ( x - 8 )^2 + ( y - ( - 16 ) )^2 ⇒ simplified to be ⇒

( x - 8 )^2 + ( y + 16 )^2

2. Given the radius 2, it is convenient for us that we can simply substitute this value of r into the circle equation: ( x - 8 )^2 + ( y + 16 )^2 = 2^2

3. Now let us square the radius 2, as to simplify to ⇒

Answer: ( x - 8 )^2 + ( y + 16 )^2 = 4

can the sides of a triangle have lengths 6, 6 , 15

Answers

Answer:

I don't think it can, because the two smaller sides cannot have a sum of less than the third side. 6+6=12, and 12 is less than 15, so it cannot be possible. You can even test this out on a piece of paper and you will see that it is not possible.

Answer:yes

Step-by-step explanation:

because 6,6 can be /\ and 15 is __ so it would be /_\....it would be a triangle

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On va luniversit aprs le _______________.A) brevet B) le baccaulaurat* C) le collge D) l cole Arena Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. There is no variable manufacturing overhead.The standard cost card for the companys only product is as follows:Inputs Standard Quantityor Hours Standard Price or Rate Standard CostDirect materials 1.2 pounds $ 5.50 per pound $ 6.60Direct labor 0.90 hours $ 21.00 per hour 18.90Fixed manufacturing overhead 0.90 hours $ 4.50 per hour 4.05Total standard cost per unit $ 29.55The standard fixed manufacturing overhead rate was based on budgeted fixed manufacturing overhead of $81,000 and budgeted activity of 18,000 hours.During the year, the company completed the following transactions:Purchased 35,400 pounds of raw material at a price of $4.60 per pound.Used 32,180 pounds of the raw material to produce 26,900 units of work in process.Assigned direct labor costs to work in process. The direct labor workers (who were paid in cash) worked 23,810 hours at an average cost of $20.60 per hour.Applied fixed overhead to the 26,900 units in work in process inventory using the predetermined overhead rate multiplied by the number of direct labor-hours allowed. Actual fixed overhead costs for the year were $67,800. Of this total, $3,800 related to items such as insurance, utilities, and indirect labor salaries that were all paid in cash and $64,000 related to depreciation of manufacturing equipment.Completed and transferred 26,900 units from work in process to finished goods.Sold (for cash) 27,100 units to customers at a price of $36.60 per unit.Transferred the standard cost associated with the 27,100 units sold from finished goods to cost of goods sold.Paid $149,000 of selling and administrative expenses.Closed all standard cost variances to cost of goods sold.The company calculated the following variances for the year:Materials price variance $ 31,860 FMaterials quantity variance $ 550 FLabor rate variance $ 9,524 FLabor efficiency variance $ 8,400 FFixed manufacturing overhead budget variance $ 13,200 FFixed manufacturing overhead volume variance $ 27,945 FTo answer the following questions, you will need to record transactions a through i in the worksheet below. This worksheet is similar to the worksheets in your text except that it has been split into two parts to fit on the page. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.Cash Raw Materials Work in Process Finished Goods PP&E (net) = Materials Price Variance Materials Quantity Variance Labor Rate Variance Labor Efficiency Variance FOH Budget Variance FOH Volume Variance Retained Earnings 1/1 $1,200,000 $29,700 $0 $70,920 $505,400 = $0 $0 $0 $0 $0 $0 $1,806,020 a. = b. = c. = d. = e. = f. = g. = h. = i. = 12/31 = The ending balance in the PP&E (net) account will be closest to:A. $505,400B. $441,400C. $396,455D. $501,600 help meeeeeeeeeeeeeeee For what values of b will F(x) = logo x be an increasing function?A. b< 1B. b> 1C. b>0D. b< 0