Suppose that you invest $15,000 into a high yield savings account that earns 2.1\% annual interest and is compounded monthly. If you do not deposit or withdraw any money from the account, how much money will be in the account after 8 years? Show your equation. Round your answer to the nearest cent. (5 Points )

Answers

Answer 1

Answer:

$17741.44

Step-by-step explanation:

Given:

Investment P = 15000Interest rate r = 2.1% PA or 0.021 PACompound number n = 12 PATime t = 8 years

Find the total amount:

A = P(1 + r/n)^(rn)A = 15000(1 + 0.021/12)^(8*12) = 17741.44

Related Questions

The area of a trapezoid is 70. 55 square feet. The length of the bases are 11. 4 feet and 5. 6 feet. What is the height of the trapezoid? 4. 15 ft 4. 15 ft2 8. 3 ft 8. 3 ft2.

Answers

The height of the trapezoid is 8.3 feet.

A trapezoid is a convex quadrilateral. A trapezoid has at least on pair of parallel sides,4 vertices and edges.

Area of a trapezoid = 0.5   x (sum of the lengths of the parallel sides) x height

70.55 = 0.5 x (11.4 + 5.6) x h

70.55 = 0.5 x (17) x h

70.55 = 8.5h

h = 70.55 / 8.5

h = 8.3 feet

To learn more, please check: https://brainly.com/question/11918864

PARALLEL PERPENDICULAR OR NEITHER OR SAME LINE

Answers

Answer:

Parallel

Step-by-step explanation:

So if they have the same slope but different y-intercepts, it would be parallel because the slope stays the same so the line doesnt change, just the starting point

For example use the following equations

y = x + 2  

y = x + 3  

In the graph, these equations are parallel

On a coordinate plane, parallelogram P Q R S is shown. Point P is at (negative 2, 5), point Q is at (2, 1), point R is at (1, negative 2), and point S is at (negative 3, 2). In the diagram, SR = 4 StartRoot 2 EndRoot and QR = StartRoot 10 EndRoot. What is the perimeter of parallelogram PQRS?

Answers

Answer:

B

Step-by-step explanation:

jus belive me

The perimeter of parallelogram PQRS will be 8√2 + 2√10 units.

What is a parallelogram?

It is a polygon with four sides. The total interior angle is 360 degrees. A parallelogram's opposite sides are parallel and equal.

On a coordinate plane, parallelogram PQRS is shown.

Point P is at (-2, 5), point Q is at (2, 1), point R is at (1, -2), and point S is at (-3, 2).

In the diagram, SR = 4√2 and QR = √10.

We know SR = PQ and RQ = SP

Then the perimeter of the parallelogram is the sum of all sides.

P = PQ + QR + RS + SP

P = 4√2 + √10 + 4√2 + √10

P = 8√2 + 2√10

Then the perimeter of parallelogram PQRS will be 8√2 + 2√10 units.

More about the parallelogram link is given below.

https://brainly.com/question/1563728

#SPJ6

a 20 pound platter of cookies costs $77. the platter is a mix of peanut butter that costs $4 per pound, sugar that costs $3 per pound, and chocolate chip that’s costs $4.50 per pound. there are two more pounds of sugar cookies than peanut butter. how many pounds of sugar cookies are on the platter?

Answers

Answer: 7 pounds of sugar cookies

X+Y+Z = 20

4x + 3y +4.50z = 77

-x + y + 0z = 2

X+Y+Z = 20                      4x + 3y + 4.50z = 77

-x + y +Oz = 2                   (-x + y + 0z = 2) x 4     (-4x +4y+0z=8)

Add the problems vertically

0x + 2y + z = 22              0x +7y + 4.50 z = 85

Rewrite the problem

2y + z = 22                (Times 7)

7y + 4.50 = 85          (Times -2)

14y +7z = 154

-14y - 9z = -170      

Add Vertically

-2z = -16

divide by -2

z = 8

there are 8 Chocy Chips

if we plug 8 for z in 2y + z = 22      we get y = 7

making 5 be X (Cause X+Y+z = 20)

8 Chocy

7 Sugar

5 Peanut butter

-- Gage Millar, Alg 1/2 tutor

The mean, median, and mode of a distribution are __________. A. Measures of central tendency B. Measures of variability C. Types of transformed scores D. Types of deviations Please select the best answer from the choices provided A B C D.

Answers

The mean, median, and mode of a distribution are measures of central tendency.

A measure of central tendency of a data set determines its central value. Measures of central tendency are mean median and mode.

Mean is the average of a set of numbers.

Mode refers to a value that appears most frequently in a data set.

Median is the number in the centre of a data set.

To learn more about mode, please check: https://brainly.com/question/300591

Answer:

A

Step-by-step explanation:

what is 5 x 1284
plz answer thanks

Answers

Answer:

6420

Step-by-step explanation:

hope this helps

What’s the range of = 1 2 ⋅ 2 + 6 + 6

Answers

Answer:  the range of 12 * 2 + 6 + 6 is 36

Step-by-step explanation:

36 Oder of opintel I think

A leaky pipe drips 2 fluid ounces of water per hour. How many cups of water does it leak in 2 days? Remember that 8 fluid ounces = 1 cup

Answers

Answer:

12 cups

Step-by-step explanation:

There are 48 hours in two days.

48 · 2 = 96 ( 2 being fluid ounces per hour )

96 ÷ 8 = 12 ( 8 being fl oz in each cup )

I hope that this helped!!!

What are the slope and the y-intercept of the line shown in the graph?

A. y-intercept = 2 and slope = -3
B. y-intercept = 2 and slope = 3
C. y-intercept = 3 and slope = 2
D. y-intercept = 3 and slope = 2

Answers

Answer is A :) because it is rise over run

PLEASE HELP I REALLY NEED HELP!

Answers

Answer:

It should be C. AAS

Step-by-step explanation:

There are symbols on the triangle indicating a shared right triangle, congruent angles, and a shared congruent side.

Hope this helps :)

Answer:

Yes, AAS

Step-by-step explanation:

Singer A and Singer B had the two top-grossing concert tours for a certain year, together generating $334 million in ticket sales. If Singer B took in $26 million less than Singer A, how much did each tour generate?

Answers

195 million dollars

3/8 rounded to the nearest thousand​

Answers

Answer:

0.38

Step-by-step explanation:

First, we convert the fraction to a decimal number by dividing the numerator by the denominator:

3 / 8 = 0.375

There are two parts to the decimal number above:

Integer Part: 0

Fractional Part: 375

Now, we will make the Fractional Part just two digits (nearest hundredth) by using our rounding rules.*

In this case, Rule II applies, so 3/8 (or 0.375) rounded to the nearest hundredth in decimal format is:

0.38

Answer:

.375

Step-by-step explanation:

3/8=.375

1. A scuba diver wants to dive more than 2 1/2, times his previous deepest dive. That means he has to dive at least 80 feet below the surface of the ocean. This dive is represented by the inequality 2 1/2p < -80, where p is the distance below the surface of his previous deepest dive.
The scuba driver's previous deepest dive was ____ feet below the surface of the ocean.
________________________________

Veronica live on a straight road that goes east and west. She starts from a point 5.1 miles west of her home and drives a certain distance to the store the store is more than 3 and 1/2 miles east of her home. let D represent the distance Veronica drove. which inequality represents this situation?
A. -5.1 + d > 3 1/2
B.-5.1 + d > -3 1/2
C.-5.1 + d > 3 1/2
D.- 5.1 + d > -3 1/2

________________________________

Alex needs to represent the statement as an inequality half of a number is more than 1 and 1/3

Answers

The questions can be represented on a number line so that they become more clear and meaningful. The answers to each question are:

1. The scuba diver's previous deepest dive was 32 feet below the surface of the ocean.

2. Option A. -5.1 + d > 3.5 OR C. -5.1 + d > 3.5

3. Alex would represent it as: [tex]\frac{1}{2} n[/tex]  > [tex]1\frac{1}{3}[/tex]

A number line is a system that can be used to show the positions of all directed numbers.

Thus, the solutions to the given questions are stated below:

1. Let the scuba diver's previous deepest dive be represented by d . Such that,

2.5 d = - 80 .......... 1

So that;

d + p = -80 ............ 2

From equation 1,

2.5 d = -80

d = -32 feet

From equation 2,

-32 + P = - 80

p = -80 + 32

  = -48 feet

p = -48 feet

⇒ -32 + (-48) = -80

Therefore, the scuba diver's previous deepest dive was 32 feet below the surface of the ocean.

2. This situation can easily be represented by a number line, so that Veronica's home is located at point zero of the number line.

Then, the total distance that Veronica drove, d = (5.1 + 3.5) miles

                                                         = 8.6 miles

Thus, since the distance to the store is more than 3.5 miles east of her home,  thus the appropriate inequality that represents the situation is:

   -5.1 + d > 3.5

The correct option is: A or C

3. Let the number be represented by n, so that:

[tex]\frac{1}{2}[/tex]n  > [tex]1\frac{1}{3}[/tex]

Alex would represent the statement as: [tex]\frac{1}{2} n[/tex]  > [tex]1\frac{1}{3}[/tex]

Visit: https://brainly.com/question/17800079

1) If v2x - 4 = 13x – 8, what is the value of x?
A) 1.
B) 2
4
D) 8

Answers

Step-by-step explanation:

is it really v2x?? or smthg else

what is the square root of25. To guys who steal my points​

Answers

the square root of 25 is 5 or -5

Helppppppppplplppppai

Answers

Answer:

D.

Step-by-step explanation:

Well, here we look at the frequency to determine probability. As a dice has 3 even and odd numbers, the probability shall be gotten by dividing the total number of frequencies for even numbers (2,4,6) by the total number of trials.

i.e (10+10+9)/50

so the probability is 29/50 or 0.58 or 58%

Since the probability of getting even numbers is 0.58 and since the total probability is always 1, we can clearly see that the probability of one rolling an even number as per the sample is higher than that of rolling an odd number.

What time is it where you guys are at??

Answers

5 in the morning unfortunately cuz I have massive insomnia

Answer:

dose meen nambars

Step-by-step explanation:

dont ansor kweschins nambars kweschins

or
Find the slope of the line
y
=
9
5
x

9
5
.

Answers

He answer is -1 because -95/95 is -1

At Keller's Bike Rentals, it costs $36 to rent a bike for 7 hours.
How many hours of bike use does a customer get per dollar

Answers

Answer:

I'm sure it's 43 rent a bike cause I'm fat

heeeeeyyyyy someone can aswer plz? Thx

Answers

Answer:

b)

x=65+32 [ being ext. angle of triangle is equal to the sum of two opposite interior angle]

therefore x=97°

find two numbers whose sum is 114 and the difference is 58.
(written as an equation please)

Answers

[tex]⇒[/tex]

x + y = 114

x - y = 58

Add the equations downward:

2x + 0y = 172

2x = 172

x = 86

x + y = 114

86 + y = 114

y = 114 - 86

y = 28

Answer: The two numbers are 28 and 86.

Please mark me brainliest

Cual es el resultado de 12/6?

Answers

Answer:

Resultado es dos (2)

Answer:

2

Step-by-step explanation:

Select all of the expressions which are equivalent to-4/3p-2/5

Answers

Answer:

-2/5 -4/3 p and -4/3p+ (-2/5)

please help me I really need help

Answers

1) 300 squared cm

2) 105 squared cm

3) about 165.75 squared cm

4) about 211.4 squared cm

HELP 10 POINTS + BRAINLIEST Determine the equation of the line shown in the graph:
y=0
x=0
y=5
X=5

Answers

Answer:

y=0

Step-by-step explanation:

the x coordinate is 5 and the y coordinate is 0 because the line does not move up the y axis

Answer:

your question is a little messed up.

the equation for the blue line is x = 5

y=x if you're looking for an equation that satisfies (0,0) and (5,5)

pls help asap MIDSEGMENTS

Answers

Answer:

RT and KS

Step-by-step explanation:

isosceles triangle

Find the coordinates of the other endpoint when you are given the midpoint (point M) and one of the endpoints (point P).
P = (10, 6) and M = (-4, 8)

Answers

Answer:

 (-18, 10)

Step-by-step explanation:

If the other end point is Q, the midpoint is ...

  M = (P +Q)/2

  2M = P +Q

  Q = 2M -P = 2(-4, 8) -(10, 6) = (-8-10, 16-6)

  Q = (-18, 10)

The other end point is (-18, 10).

Which of the following is not equivalent to 23 + (-27) - 16-(-32)?
23 – 27 – 16 + 32
o 23 – 27 – 16 – (-32)
O
23 + (-27) + 16 + 32
o
23 + (-27) + (- 16) - (- 32)

Answers

Answer:  23 + (-27) + 16 + 32 is not correct

Step-by-step explanation:

23 + (-27) + 16 + 32 is not correct

23 + (-27) + 16 + 32   The +16 should be -16

need help with both questions please​

Answers

Answer:

vertical angle are congruent

because BD and CE intersect and intersecting lines make vertical angle

Step-by-step explanation:

Mother is M years old, and she is 4 times as old as her daughter, her age is x+8/x. how much older is the mother than her daughter, Mary?

Answers

[tex]4(x + \frac{8}{x}) - (x + \frac{8}{x}) = 3(x + \frac{8}{x}) = 3x + \frac{24}{x}[/tex]

ok done. Thank to me :>

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