Shawn's mortgage balance of $263,000 is
compounded daily at a rate of 4.075%
annualized interest. If no payments are made
for 6 months, what will the balance be after
this time has passed?

Answers

Answer 1

The balance amount when compounded daily at a rate of 4.075% after 6 months is  $269,320.60.

What is meant by compound interest?

The interest you earn on interest is known as compound interest. Compound interest, also known as interest on principal & interest, is the practice of adding interest to the principal amount of a loan or deposit. Compound interest is calculated for an amount based on both the principal and cumulative interest. The major distinction between compound and simple interest is this. If we examine our bank statements, we will typically see that our account is credited with interest on a yearly basis. Even while the principal remains the same, the interest changes annually. We can observe that interest rises over time. Thus, we can infer that the interest the bank charges is compound interest rather than simple interest.

Given,

Principal amount P = $263,000

Rate of interest r = 4.075%

Time period t = 6 months = 0.5 years

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

where n = 365

A = [tex]P(1 + \frac{r}{n})^{nt} =263000(1 + \frac{0.04075}{365})^{365*0.5}[/tex]  = $269,320.60

Therefore the balance amount when compounded daily at a rate of 4.075% is  $269,320.60.

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Related Questions

At the beginning of a snowstorm, Abigail had 12 inches of snow on her lawn. The snow then began to fall at a constant rate of 0.5 inches per hour. Assuming no snow was melting, how much snow would Abigail have on her lawn 5 hours after the snow began to fall? How much snow would Abigail have on her lawn after tt hours of snow falling?

Answers

The snow on the lawn after 5 hours is 14.50 inches.

The snow on the lawn after tt hours is 12 + 0.5tt inches

How much snow is on the lawn?

The equation that represents the amount of snow after a number of hours is a linear equation. A linear equation is an equation that has a single variable that is raised to the power of one.

The form of the equation is:

Total snow = snow on the lawn + (rate at which the snow falls x number of hours)

Snow after 5 hours = 12 + (0.5 x 5)

= 12 + 2.5 = 14.50 inches

Snow after tt hours = 12 + (0.5 x tt)

= 12 + 0.5tt inches

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Thomas has 6 sports video games in his collection for every 5 action games. Franklin has9 sports game for every 6 action games in his collection. Which friend has the least portion of action games?

Answers

The friend that had the least portion of action games would be = Thomas with 20 action games in total.

How to calculate the person with the least portion of games?

The number of action games that Thomas has = 5

The number of sports video games for every action game = 6

Therefore the total number of sports game he has = 5×6 = 30.

The number of action games that Franklin has = 9

The number of sports video games for every action game = 6

Therefore the total number of sports game he has = 9×6 = 54.

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Write a short essay to explain how you would guide learners to move from the concrete level, to the semi-concrete level and finally to the abstract level in relation to their understanding of the more than/less than concept. -8

Answers

In order to guide learners to move from the concrete level to the semi-concrete and finally to the abstract level in relation to their understanding of the more than/less than concept, I would use a step-by-step approach.

At the concrete level, I would introduce the concept of more than/less than with a hands-on activity. For example, I would have students compare the number of counters or blocks and have them determine which group has more or less. This would help them develop a fundamental understanding of the concept.At the semi-concrete level, I would introduce the concept of more than/less than with written numerals. I would have students compare numbers on paper, such as 4 and 6, and have them determine which number is more or less. I would also ask them to use concrete objects to represent the numbers, such as using four counters for 4 and six counters for 6.At the abstract level, I would introduce the concept of more than/less than with larger numbers. I would ask students to compare numbers such as 12 and 15, and determine which number is more or less. I would also ask them to use abstract symbols, such as 12 + and 15 -, to represent the numbers.By using this step-by-step approach, students will be able to move from the concrete level to the semi-concrete and finally to the abstract level of understanding the more than/less than concept. This will help them develop a strong foundation of the concept, which will allow them to solve more complex problems in the future.

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The graph of a sinusoidal function has a maximum point at (0, 7) and then intersects its midline
at (3, 3).

Answers

(3.077)weehhdhdjdhdbdhfhfbdbdn

Answer: 4cos(pi/6x)+3

Step-by-step explanation:

You can rent a video game for $3.50. Your total cost of rentals for the month was $31.50.

This can be represented by the equation 3.5x = 31.5

What does the quantity 3.5x represent in this situation?

PLEASE BE ACCURATE!!! THANK YOU!!:)

Answers

According to the equation, when 9 video games are rented, the total cost is $31.5 which is expressed in the equation as 3.5x.

What is an equation?

A formula known as an equation uses the equals sign (=) to express how two expressions are equal. It demonstrates the equality of the relationship between the expressions printed on the left and right sides. We have left hand side equal to right hand side in every mathematical equation. To determine the value of an unknown variable that represents an unknown quantity, equations can be solved. A statement is not an equation if it has no "equal to" sign. It will be regarded as an expression.

Given,

The cost of renting a video game = $3.50

The total cost of rentals for the month  = $31.50

The equation given is:

    3.5x = 31.5

The term 3.5x in the equation represents the total cost of a month when the number of video games rented is x.

In this case x = 31.5/3.5 = 9

Therefore, according to the equation, when 9 video games are rented, the total cost is $31.5 which is expressed in the equation as 3.5x.

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Find the area of the figure. Round your answer to the nearest hundredth.
5 ft
4 ft
14 ft
4 ft

Answers

The area of the figure nearest hundredth will be 84.13 square feet.

What is the area?

The quantity area demonstrates the amount of a sector on a planar or hemispherical cup. Surface area refers to the area of an open surface or the border of a multi-object, whereas the area of a plane region or plane field refers to the area of a form or planar material.

The figure is the combination of the rectangle and the semicircle. Then the area of the figure is the addition of the rectangle and the semicircle. Then we have

A = L x W + (π / 8) D²

A = 14 x 5 + (3.14/ 8) (14 - 4 - 4)²

A = 70 + 0.3925 x 36

A = 70 + 14.13

A = 84.13 square feet

The area of the figure nearest hundredth will be 84.13 square feet.

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The missing diagram is given below.

10. Find the original price of an antique which was sold at £545 at a profit of 9%.

Answers

495.95

convert the percentage into a decimal

0.09

then do b=1-r

1 - 0.09 = 0.91

Now do 545 x 0.91

Answer: 495.95

ANSWER:The original price of the antique was £500.EXPLANATION:

Let's assume that the original price of the antique was x.

We know that the antique was sold at a profit of 9%, which means that the selling price is 109% of the original price:

[tex]Selling \: price = Original \: price + Profit[/tex]

[tex]£545 = x + 0.09x \\ £545 = 1.09x[/tex]

To find the original price, we can divide both sides of the equation by 1.09:[tex]x = \frac{545}{1.09} [/tex]

[tex]x = 500[/tex]

Therefore, the original price of the antique was £500.

help. I’m stuck with this

Answers

Answer:

$14

Step-by-step explanation:

i multiplied 2.80 times 5 and got 14.

i hope this helped :)

Please help in the math​

Answers

Answer:

Step-by-step explanation:

reflict means to put the point in the other way but in the same point.

Identify the quadratic function(s). (Select all that apply.)
A. 2b(b - 7) + b = 0
B. (4a + 2)(2a - 1) + 1 = 0
C. 2y + 2(3y - 5) = 0
D. 8 - 5x = 4(3x - 1)

Answers

There are two quadratic functions as A. 2b(b - 7) + b = 0 and B. (4a + 2)(2a - 1) + 1 = 0.

What is a quadratic function?

The quadratic function is defined as a function containing the highest power of a variable is two.

A. 2b(b - 7) + b = 0 is a quadratic function because it can be simplified to the form of ax² + bx + c = 0 where a, b, and c are constants and x is the variable. In this case, a = 2, b = -13, and c = 0.

B. (4a + 2)(2a - 1) + 1 = 0 is also a quadratic function because it can be simplified to the form of ax² + bx + c = 0. In this case, a = 8, b = -2, and c = 1.

C. 2y + 2(3y - 5) = 0 is not a quadratic function because it can be simplified to the form of mx + b = 0 where m and b are constants and x is the variable.

D. 8 - 5x = 4(3x - 1) is not a quadratic function because it can be simplified to the form of mx + b = 0 where m and b are constants and x is the variable.

Thus, the correct answer would be options A. 2b(b - 7) + b = 0 and B. (4a + 2)(2a - 1) + 1 = 0.

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Which phrase describes the algebraic expression Three-fourths x + 2?

Answers

The phrase to describes the algebraic expression Three-fourths x + 2 is three-fourths of a number plus two.

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Given in question;

The algebraic expression;

Three-fourths x + 2

Now,

The phrase that describes the algebraic expression Three-fourths x + 2;

three-fourths of a number plus two.

Therefore, the phrase of expression will be three-fourths of a number plus two.

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Charles is flying a kite
that is on a string that
112 feet long. If the
angle of depression from
the kite to the ground is
27°, how high off of the
ground is the kite?

Answers

The height of the kite is 56 feet.

Trigonometric ratio is used to show the relationship between the sides of a triangle and its angles.

Let h represent the height of the kite. Hence, using trigonometric ratios:

[tex]sin(30)=\frac{h}{112}[/tex]

h = 56 feet

Therefore, the height of the kite is 56 feet.

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x[tex]x^{4} -41x^{2} +400=0[/tex]

Answers

Answer:

Values of x are ±4 and ±5

Step-by-step explanation:

Let y = [tex]x^{2}[/tex]

Which means: [tex]y^{2} = x^{4}[/tex]


Therefore:

A quadratic equation is formed:

[tex]y^{2} - 41y + 400 = 0[/tex]

The above quadratic equation can be simplified either by The Double Bubble Method or using the quadratic formula

Double Bubble Method:

[tex]y^{2} - 41y + 400 = 0[/tex]

The pair of factors of 400 that add together to give 41 are 25 and 16. Use these two factors to rewritre -41y:


[tex]y^{2} - 25y - 16y + 400 = 0[/tex]

Then do Factorization by grouping (i.e group the terms with common factors before factorizing):

[tex]y(y -25) - 16(y - 25) = 0[/tex]

[tex](y - 25)(y - 16) = 0[/tex]


The product of two expressions is zero, which means either of the two expressions is equal to Zero:

Either: [tex]y - 25 = 0[/tex]

Substituting [tex]y = x^{2}[/tex]:

          = [tex]x^{2} - 25 = 0[/tex]

         = [tex]x^{2} = 25[/tex]

         = [tex]\sqrt{x^{2}} = \sqrt{25}[/tex]

         ∴ x = ±5

 Or: [tex]y - 16 = 0[/tex]

Substituting [tex]y = x^{2}[/tex]

     [tex]= x^{2} - 16 = 0[/tex]

     [tex]= x^{2} = 16[/tex]

     [tex]= \sqrt{x^{2}} = \sqrt{16}[/tex]

    ∴ x = ±4

∴Values of x are ±4 and ±5

     

There are 32 students in a 5th grade classroom. Each table seats 6 students. How many tables are needed so that every student has a seat?
5 tables 30 tables 6 tables 7 tables

Answers

To sit comfortably, the students need a total of 6 tables. The correct option is 3.

There are 32 students in a classroom. In 5th grade. Now to sit comfortably, the students need 6 tables. In each table, a total of 6 students can fit. In 5 tables, only 30 students can sit but two students will remain table less. With 1 extra table, 2 students can sir and each student from a table can sit in the las bench, i.e., 6th table.

The number of pupils in the classroom is 32. in grade five. The pupils now require 6 tables in order to sit comfortably. A total of 6 pupils can fit at each table. Only 30 pupils can fit at 5 tables, however 2 students will be tableless. With one extra table, two students can sit at the sixth table and each student from a table can use the last bench. Therefore, students need a total of 6 tables.

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Find the measure of the missing angles.

Answers

50° + h = 180°
-50 -50
H = 130°
G = 50°

39° + m = 180°
39 39
m = 141°
k = 39°
Hope this helps

what’s the answer to this question? i’ve been having a hard time figuring it out

Answers

Answer:

10.305

Step-by-step explanation:

First you calculate for the angle of 12ft down the wall secondly you calculate for the angle of 8ft down the wallthirdly you subtract the angle of the 8ft frpm the 12ftthe remainder it the angle that the projector needs to be tilted to focus on 8ft down the wall

I need help with this question

Answers

The amount of Tylenol remaining after 8 hours is 47.1g

What is half life?

half-life, in radioactivity, the interval of time required for one-half of the atomic nuclei of a radioactive sample to decay (change spontaneously into other nuclear species by emitting particles and energy), or, equivalently, the time interval required for the number of disintegrations per second of a radioactive.

R = A(0.5)^t/3

R = 300(0.5)^8/3

R = 300( 0.157)

R = 47.1

therefore after 8 hours 47.1 g of Tylenol is is left

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Determine the slope and the​ y-intercept of the equation. b=3.99a

Answers

The equation b = 3.99a has a slope of 3.99 and the y intercept is 0.

What is an equation?

An equation is an expression that shows the relationship between numbers and variables using mathematical operators like addition, subtraction, multiplication and division. Equations can be linear, quadratic.

The standard form of a linear equation is:

y = mx + b

Where y, x are variables and b is the y intercept

Given an equation:

b = 3.99a

Comparing with the standard linear equation:

The slope is 3.99 and the y intercept is 0.

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Part 1 : write an equation for the nth term of the given sequence

Part 2: What is the given term of the sequence?

Answers

The equation of the nth term is 4 + n.

The 75th term is 79.

What is an arithmetic sequence?

It is a sequence where the difference between each consecutive term is the same.

Example:

5, 7, 9, 11, 13 is an arithmetic sequence.

We have,

5, 6, 7, 8, ,,,,,a(75),,,,,,,,

This is an arithmetic sequence.

a = 5

d = 1

Now,

The nth term of arithmetic is a + (n - 1)d.

So,

= 5 + (n - 1)1

= 5 + n - 1

= 4 + n

The nth term is 4 + n.

The 75th term.

i,e

For n = 75,

= 4 + n

= 4 + 75

= 79

Thus,

The equation of the nth term is 4 + n.

The 75th term is 79.

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PLEASE HELP, FIFTY POINTS!!!!!

Answers

Answer: Choose Option D (look at the image for the solution and make sure to give me brainliest)

Step-by-step explanation:

ez 25 points+brainliest: two times a number is plus another number is 18. three times the first number minus the second number is 7. what are the numbers?

Answers

The numbers required in the word problem are

x = 3 4/3 and y = 13 1/3.

How to find the numbers

Let's call the numbers x and y

From the first equation, we have:

2x + y = 18

From the second equation, we have:

3x - y = 7

Solving simultaneously by substitution method

3x - y = 7

3x = 7 + y

x = (7 + y)/3

substitute this expression for x into the first equation:

2x + y = 18

2((7 + y)/3) + y = 18

14/3 + 3y/3 = 18

14/3 = 18 - 3y/3

14/3 = 18 - y

collecting like terms

y = 18 - 14/3

y = 18 - 4 2/3

y = 13 1/3

substituting to solve for y

x = (7 + y)/3

x = (7 + 13 1/3)/3

x = 10 4/3/3

x = 3 4/3

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Select all the expressions that show breaking the addends 7 5/12 and 11 2/3 apart to make a whole.

A. 7 + 5/12 + 11 + 2/3
B. 7 + 5/12 + 8/12 + 11
C. 7 + 5/12 + 7/12 + 11 1/12
D. 7 + 5/12 + 5/12 + 11 3/12
E. 7 + 1/12 + 4/12 + 8/12 + 11

Answers

The answer to this is A,B, and E.

please answer!!!!!!!!!!!!!!!!!

Answers

The value of t is,

⇒ t = 28

What is mean by Multiplication?

Multiplication means to add number to itself a particular number of times. Multiply will be viewed as a process of repeated addition.

Given that;

The circle is shown in figure.

Now, From the figure we can formulate;

t = 1/2 (3t - 28)

2t = 3t - 28

3t - 2t = 28

t = 28

Thus, The value of t is,

⇒ t = 28

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Can anyone help in number 12 pls… I don’t have to draw anything just have to write down the equation of a and b

Answers

Answer:

y=3x-2

Step-by-step explanation:

(SAT Prep) Find the value of x

2x
3x

Answers

Answer:

36°

Step-by-step explanation:

2x+3x=5x

5x=180°

x=180°:5=36°

Choose the correct sum of the polynomials (3x3 − 5x − 8) + (5x3 + 7x + 3).

8x3 + 2x + 5
2x3 − 12x − 11
2x3 + 12x − 5
8x3 + 2x − 5

Answers

Answer:

8x3 + 2x − 5

Step-by-step explanation:

Helppppp asapp plsssssss I’ll give brainly

Answers

The opposite sides of FGHJ are parallel.

What is Quadrilateral?

A quadrilateral is a four-sided polygon, having four edges and four corners.

FGHJ is a quadrilateral.

From the figure we can observe that opposite sides are equal which means the quadrilateral is a parallelogram.

A parallelogram is a simple quadrilateral with two pairs of parallel sides. The opposite or facing sides of a parallelogram are of equal length and the opposite angles of a parallelogram are of equal measure.

The line segment FG≅JH

GH≅FJ

The sides are congruent and parallel.

Hence, the opposite sides of FGHJ are parallel.

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How do you check the factorization of a polynomial?

Answers

Completely factorize the polynomial using any methods that are appropriate, then look for shared factors and the polynomial's roots. Next, double-check your work to confirm accuracy.

Follow these steps to determine a polynomial's factorization:

Completely factor the polynomial using any relevant techniques, including grouping, utilizing the difference of squares or cubes, or using the quadratic formula.

By multiplying them all together, you can verify that each factor is accurate. The final figure must match the initial polynomial.

Look for shared factors among the polynomial factors. If the polynomial has common components, remove them from the equation and rewrite it as the product of the common factors and the other factors.

The polynomial's roots can be verified by setting each factor to zero and calculating the variable. The roots ought to correspond to the original polynomial.

Verify your work a second time to make sure all relevant elements have been identified and taken into consideration.

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find x. show your work.

Answers

move all terms to the left: 17x=101

x=102/17

x=6 add all the numbers together, we move all terms containing x to the left and the rest to the right

Elish was required to write a 600 word Literature essay. After working away for one hour, the word count on her computer showed that she had typed 240 words. What fraction of the essay does Elish still need to complete? Write your answer in simplest form

Answers

If Elish was required to write a 600 word Literature essay and word count on her computer showed that she had typed 240 words Elish still needs to complete 3/5 of the essay.

To find the fraction of the essay that Elish still needs to complete, we need to determine how many words she has left to write. We can do this by subtracting the number of words she has already written from the total required word count:

Words left to write = Total word count - Words already written

Words left to write = 600 - 240

Words left to write = 360

Now, to find the fraction of the essay that Elish still needs to complete, we can express the remaining words as a fraction of the total word count:

Fraction of essay left to complete = Words left to write / Total word count

Fraction of essay left to complete = 360 / 600

We can simplify this fraction by dividing both the numerator and denominator by their greatest common factor, which is 120:

Fraction of essay left to complete = (360 ÷ 120) / (600 ÷ 120)

Fraction of essay left to complete = 3 / 5

This means that she has completed 2/5 of the essay so far (which is the equivalent fraction of 240/600).

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which structure of the eye is responsible for detecting light? A change in the average kinetic energy of the molecules of an object may best be detected by measuring a change in the object's. In the 1800s, Horace Mann believed that American schools should benonreligious and publicly funded.set up by churches for their members.established to educate preachers.private and paid for by the wealthy. Who won an Oscar at 10 years old? What combinations of positive or negative H, and positive or negative s, can indicate a spontaneous reaction according to the Gibbs free energy equation (G- H-TS) . H is the enthalpy change S is the entropy change G is the Gibbs free energy change - S,-H - S, + - +S.+H -+S.-H Write an extremely good essay with this prompt (600-700 words)To what extent does sport produce good role models?*45 points*due by February 26th, 2023 The biological species concept relies on a disruption of which aspect of population genetics? a. mutation b. selection c. gene flow d. genetic drift For the most rapid acquisition of a CR, the CS should be presentedA. shortly after the CR.B. shortly after the US.C. shortly before the US.D. at the same time as the US.E. shortly before the CR. The region of the cell enclosed by the endoplasmic reticulum is known as the __________ space, or lumen what are some steps you can take to reduce your carbon footprint? Review chapters 1 and 2 of The Swim Challenge to answer the question below:Which line from the text best explains why Mac feels overwhelmed? (1 point)O Mac hung on the pool ledge too, gently splashing water up into the drain.O Mac also knew that Rashmi hated being wrong, hated looking uncertain.Mac wasn't sure if she could actually break through Rashmi's fears.OIt was as if two people were fighting a war: one trying to hold on to what she knew as safe. why don't you say the public is invited in an editorial context? To raise money for charity, Carmen and her friends start the Pampered Pooch Pet Wash. The first day they are open, they forget to put up posters and only raise a little money. The next day, they hang posters all over the neighborhood and raise $55.50. In all, Carmen and her friends raise $65.50 on the first two days they are open. Linda named her car, which she drove to work every day, Sylvia. She talked to her friends about the personality traits her little car seemed to have. Linda has ________ her car.brandedarchetypedanthropomorphizedrepositionedC An antique dresser was $115, but is on sale for30% off. If there is a 10% tax added to the saleprice, how much will the dresser cost? A triangle has three sides where the sum of the length of two of the sides must exceed the other side. In a right triangle, the square of the length of one side is equal to the sum of the squares of the lengths of the other two sides. Write a program that prompts the user to enter the lengths of three sides. The program will output a message indicating whether or not the lengths form a triangle and, if so, outputs a message indicating you have a valid triangle and whether or not the triangle is a right triangle.Note: Please use a nested if statement to check if three sides makes a right triangle, if nested if statement is not used, you will only get 20 out 30 points. In 1904, the first Putting Green Championship was held. The winner's prize money was $190. In 2016, the winner's check was $1,171,000. (Do not round intermediate calculations.) a. What was the percentage increase per year in the winner's check over this period? b. If the winner's prize increases at the same rate, what will it be in 2049? Find the measure of the missing angle Find the radius of a sphere with a volume of 26, 244 cubic inches. 3(6-4)=-3How do I show work for this