$16,000 is deposited into a savings account with an annual interest rate of 2% compounded continuously. How much will be in the account after 4 years? Round to the nearest cent.

Answers

Answer 1

The amount in the account after 4 years, rounded to the nearest cent, will be approximately $17,332.8.

Understanding Compound Interest

Recall the compounding formula:

A = P * [tex]e^{rt}[/tex]

Where:

A = Final amount in the account

P = Initial principal (deposit)

e = Euler's number (approximately 2.71828)

r = Annual interest rate (as a decimal)

t = Time in years

Given:

Initial principal (P) = $16,000

Annual interest rate (r) = 2%  = 0.02

time (t) = 4 years.

Substitute these values into the formula, we get:

A = $16,000 * [tex]e^{0.02 * 4}[/tex]

Using a calculator, we can calculate:

A = $16,000 * [tex]e^{0.08}[/tex]

A = $16,000 * 1.0833

A = $17,332.8

Therefore, the amount in the account after 4 years, rounded to the nearest cent, will be approximately $17,332.8.

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Related Questions

Help please!!!

The finance charge on your credit card was supposed to be $12.22. Instead you were charged $19.54.
Find the absolute error and the relative error in the finance charge

Answers

Taxes and federal made you get charged like that but you can divide it

Answer:The absolute error is that they said that the finance charge will be $12.22 but the charge ends up being $19.54 . As for the relative error is that they said that the charge will be $12.22 but the charge was $19.54 which means they were unsure what the charge was and failed to check what it actually was.

Step-by-step explanation:

Consider the following figure

Answers

The arrangement of the side length of the triangles from the least to the greatest is DF <  DE < EG <  EF <  GF.

What is the arrangement of lengths of the triangle?

The arrangement of the lengths of the triangle from the least to the greatest is determined as follows;

The size of the length of a triangle increases as the size of the angle opposite to the length increases.

That is the greater the size of the angle opposite the side length of a triangle, the greater the size of the side length of the triangle.

From the given diagram, we can arrange the size of the side length of the triangle as follows;

angle D = 180 - (57 + 58 )

angle D = 65⁰ (this is opposite to length EF)

So the arrangement of the side length of the triangles are;

length DF < Length DE < length EG < length EF < length GF

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Kl and CaCl₂ particle diagram

Answers

Answer:

CaCL2 + KL → KCL + CaL2

Step-by-step explanation:

To balance a chemical equation, enter an equation of a chemical reaction and press the Balance button. The balanced equation will appear above.

Use uppercase for the first character in the element and lowercase for the second character. Examples: Fe, Au, Co, Br, C, O, N, F.

Ionic charges are not yet supported and will be ignored.

Replace immutable groups in compounds to avoid ambiguity. For example, C6H5C2H5 + O2 = C6H5OH + CO2 + H2O will not be balanced, but XC2H5 + O2 = XOH + CO2 + H2O will.

Compound states [like (s) (aq) or (g)] are not required.

You can use parenthesis () or brackets [].Li + Ag = Li + Ag

KOH + KMnO4 + H2SO4 = KOH + KMnO4 + H2SO4

C6H6O + KOH = C6H7KO2

CUO + HNO3 = CU(NO3)2 + H2O

C4H6O4 + KOH = C2K2O4 + C2H6O2

Zn + Sr(OH)2 = Sr + Zn(OH)2

Al + Pb(No3)2 = Al(No3)3 + Pb

HNO3 + Zn = Zn(NO3)2 + H2

ZnO + CH3COOH + H2O + Al2O3 = Zn(CH3COO)2*2H2O + Al2O3

BeO + Zn(OH)2 = Be(OH)2 + ZnO

CH3COOK + CH3Br = CH3COOCH3 + KBr

Pb(NO3)2 + HBr = PbBr2 + NHO3

help me plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Answers

The first option, as it positively supports the claim stated.

Answer:

"Playing video games has been shown to enhance memory and even increase brain volume"

Step-by-step explanation:

The claim is approves the usage of video games.

The first piece of evidence supports the usage, citing how video games can "enhance memory" which is positive.

The second piece of evidence does the opposite and disapproves video games, citing them as an "addiction" which is negative.

geometry need help asap

Answers

The value of angle LAF in the intersecting chords is determined as  104⁰.

What is the value of angle LAF?

The value of angle LAF is calculated by applying intersecting chord theorem, which states that the angle at tangent is half of the arc angle of the two intersecting chords.

Also this theory states that arc angles of intersecting secants at the center of the circle is equal to the angle formed at the center of the circle by the two intersecting chords.

m∠LAF = ¹/₂ (arc LF + arc YS)

From the diagram, we have arc LF = 160⁰ and YS = 48⁰

m∠LAF = ¹/₂ (160 + 48)

m∠LAF = 104⁰

Thus, the value of angle LAF is calculated by applying intersecting chord theorem.

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what are integra in algebra ​

Answers

Answer:

this is what i found for ya:3

Step-by-step explanation:

In mathematics, specifically abstract algebra, an integral domain is a nonzero commutative ring in which the product of any two nonzero elements is nonzero. ... Noncommutative integral domains are sometimes admitted.

Answer:

That's the meaning of of integers in math and algebra: Whole numbers. No fractions allowed! Integers are counting numbers, and they include 0. ... In other words, integers can be negative, but they can't be fractional. Any number with a fraction – and that includes decimal fractions – is not an integer.

Step-by-step explanation:


What is the value of f(-5)?

Answers

u have to plug in -5 as x in the function/equation

Answer:

None

Step-by-step explanation:

Cant solve it without an X value

If you answer these questions i will give you free point's. (Answer all of them pls)


1. I am 50% of a quarter of 32.
2. I am two thirds of 60.
3. I am exactly half-way between 25% of 80 cm and 40% of 120cm.
4. I am one-quarter of 50% of 88kg.
5. I am 3% of half of 600 pounds.
6. I am exactly halfway between one fifth of 25cm and 2% of 300 cm.
7. I am greater that 0.6 kg, less than one-third of 6 kg, and equal to four times 10% of 3kg.

Answers

Answer:

1. 4

2.40

3. 28

4.11

5.12

6. 1

7. 1200

Step-by-step explanation:

I used • instead of x to show you multiply.

1. 1/4 (one quarter) of 32 = 8.
50% of 8 = 4

2. 2/3• 60 = 120/3 = 40

3. 25% = 0.25, 40% = 0.40
So 0.25 • 80= 20
0.40 • 120 = 48
Then subtract: 48-20 = 28. Half of 28 is 14. Add that 14 to 20, and your answer is 34. It will probably be helpful to either write that on a number line, or picture it on a number line.

4. 50% of 88kg is half of that, which is 44. One quarter = 1/4, so 44/4 = 11

5. Half of 600 pounds is 300 pounds. 3% = 3/100 = 0.03. Multiply that by 300 to get your answer. 300 • 0.03 = 9

6. 1/5 of 25cm = 25/5= 5
2% of 300 = 300• 0.02= 6
What is exactly halfway between 5 and 6? 5.5

7. Start this one with the last statement. 10% (0.10) of 3kg = 3•0.10= 0.3. Four times that = 4•0.3= 1.2

Then check: is that greater than 0.6? Yes.

One third of 6kg = 6/3= 2

Is 1.2 less than 2? Yes.

What percent is represented by the region that is shaded? Exact
answers only (no rounding).

Answers

I jus sayin the park with the woods on the woods at the mall

Answer:

64 percent

Step-by-step explanation:

because there is 24 sq and 100 divided by 24 is 4, 4 times 16 is 64

The volume of a cube, in cubic centimeters, is given by the function V(x) = x3, where x is the side length of the cube in centimeters. Write a new function for the volume of the cube in cubic millimeters.

Answers

I think we can all agree that 1 centimeter=10millimeters.

And if x is the side in centimeters then 10x will be the side in millimeters.

We just need to rewrite x^3 into (10x)^3.

Because you need to do the exponent to all part of the ( )...

(10x)^3=1000x^3

V(x)=1000x^3 cubic millimeters is the answer

Hence, a new function for the volume of the cube in cubic millimeters is [tex]V(x)=1000x^3[/tex].

What is the volume of cube?

The volume of a cube is defined as the total number of cubic units occupied by the cube completely.

A cube is a three-dimensional solid figure, having six square faces. Volume is nothing but the total space occupied by an object.

Here given that,

The volume of a cube, in cubic centimeters, is given by the function [tex]V(x) = x^3[/tex], where [tex]x[/tex] is the side length of the cube in centimeters.

As, [tex]1[/tex] centimeter=[tex]10[/tex]millimeters.

If the side is [tex]x[/tex] then the side in millimeter is [tex]10x[/tex].

So, we have [tex]x^3[/tex] which would be [tex](10x)^3[/tex]

[tex](10x)^3=1000x^3[/tex]

Then,

[tex]V(x)=1000x^3[/tex] cubic millimeters.

Hence, a new function for the volume of the cube in cubic millimeters is [tex]V(x)=1000x^3[/tex].

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Three angles in a triangle measure x°, (4x+12)° and (3x+16)°. What is the measure of the largest angle in this triangle?

Answers

Answer:

Step-by-step explanation:

90°

Please help me anwser this

Answers

The values are given as:

a. Mean = 19

Median = 20

Mode = 22

Standard deviation = 7.2

Range  = 24

b. Mean = 75

Median  =  80

Mode  = 90

Standard deviation  = 16

Range = 100

What the measures of central tendency?

The three measures of central tendency include;

MeanModeMedian

The measures of dispersions are;

Rangeinterquartile range standard deviation

From the information given, if 4 is added to all the measures, we get;

Mean = 15 + 4 = 19

Median = 16 + 4 = 20

Mode = 18 + 4 = 22

Standard deviation = 3.2 + 4 = 7.2

Range = 20 + 4 = 24

If the values are multiplied by 5

Mean = 15(5) = 75

Median = 16(5) =  80

Mode = 18(5) = 90

Standard deviation = 3.2(5) = 16

Range = 20(5) = 100

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Treys grandmother has a framed picture with side lengths that are 12 inches. Trey wants to know how much wall space is needed for the picture.

Answers

Answer:

144 inches

Step-by-step explanation:

Answer:

144 inches :)

Step-by-step explanation:

Lines m and n are parallel Line m is described by the equation y = 40 +2. Line n contains the point (1, -3). Which of the following is an equation for linen?
A Oy-3= (2+1)
B. Oy+ 3 = 4(x - 1)
M
cOy-3 = 4(2+1)
DOy+3 = (- 1)

Answers

Answer:

B)Oy+ 3 = 4(x - 1)

Equation of the straight line   y +3 = 4( x-1)

Step-by-step explanation:

Explanation:-

Step(i):-

Given that the equation   y = 4x +2

and given that the point (1,-3)

The equation of the parallel line to the given line

                       ax +by +k=0

                       4x-y +k=0

This line is passing through the point (1,-3)

                  ⇒ 4(1) -(-3) +k=0

                  ⇒   4+3 +k=0

                          7 +k=0

                             k =-7

The equation of the Parallel line  4x-y -7 = 0

Step(ii):-

Given that the slope m = 4 and the point (1,-3)

Equation of the straight line

             y - y₁ = m(x-x₁)

             y -(-3) = 4( x-1)

            y +3 = 4( x-1)

Plz help. One winter day, the temperature in Houston is 12 degrees Celsius. Find the temperatures in these other cities.
A) In Minneapolis, it is 30 degrees colder than it is in Houston.

B) In Fairbanks, it is 9 degrees colder than it is in Minneapolis

C) Write an addition equation that represents the relationship between the temperature in Houston and the temperature in Fairbanks. (Hint: Equation means it must be solved; so it has an equal symbol)

Answers

A= -18
B= -27
12-39=-27
These should be the answers

James had 42 dollars. He bought his sister a gift that cost x dollars. Write an expression representing how much money James has now.

Answers

Answer:

42 dollars -x......................

Now look at the 5-year performance of Amazon. What do you think explains the general upward trend of the stock price?

Answers

Answer:

expansion

Step-by-step explanation:

I believe that the biggest reason for the general upward trend in the stock price is expansion. Amazon has expanded their company immensely over the last 5 years. They have also expanded into different markets such as drones, gaming, cloud streaming, video streaming, etc. All of these expansions and acquisitions have been incredibly profitable for Amazon and therefore reflect on the stock price. This also gives investors faith that the future of the company will continue growing which causes them to buy more stocks and therefore increase the price.

Answer:

Step-by-step explanation:

Find the value of x. Round
To the nearest tenth .

Answers

Answer:

x = 5.7

Step-by-step explanation:

Use the pythagorean theorem, which says a^2+b^2 = c^2 where c is the hypotenuse (longest side of a right triangle, always opposite the 90 degree right angle).

7^2 + x^2 = 9^2

49 + x^2 = 81

x^2 = 32

now take the square root of both sides

x = 5.65685424949

Round to the nearest tenth.

x = 5.7

Answer:

5.7

Step-by-step explanation:

x^2 + 7^2 = 9^2

x^2 + 49 = 81

x^2 = 81 - 49

x^2 = 32

x = the square root of 32

x = 5.657

round to the nearest tenth

x = 5.7

A system of linear equations is shown on the graph.
-12 -11 -10 -9 -8 -7
-5
There is no solution.
What is the solution to the system of equations?
There are infinitely many solutions.
O There is one unique solution (-5, 9).
There is one unique solution (0,8).

Answers

The lines intersect at only one specific point (-5, 9)

The correct answer is: There is one unique solution (-5, 9).

When two straight-line equations intersect at a point, it means that there is one unique solution to the system of equations. In this case, the point of intersection is (-5, 9), which indicates that the system has a single solution. This means that there is a unique set of values for the variables that satisfy both equations simultaneously.

If the system had no solution, it would mean that the two lines are parallel and will never intersect. However, since the lines in the given system intersect at (-5, 9), it implies that there is a solution.

Alternatively, if the system had infinitely many solutions, it would mean that the two equations represent the same line. In this case, the lines intersect at every point along their entire length, resulting in an infinite number of solutions. However, the fact that the lines intersect at only one specific point (-5, 9) indicates that there is one unique solution to the system of equations.

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(a) The area of a rectangular garden is 7371 m².
If the width of the garden is 81 m, what is its length?
What is the Length of the garden:

Answers

Answer:

length = 91 m

Step-by-step explanation:

area = length * width

so,

7371 = length * 81

cancel out 81 by dividing on both sides

91 = length

Find the percent of change

1970's: $0.79
2010's: $3.72

Answers

Answer:

471%

Step-by-step explanation:

If you divide 3.72 by .79 you get 4.7088...

Multiply by 100 to get your percentage is 470.88...

Rounded to nearest percentage is 471

hope this helps

Chad measured a house and its lot and made a scale drawing.
The backyard is 17 inches long
in the drawing.
The actual yard is 68 feet long.
What scale did Chad use for the drawing?

1 inch __ feet

Answers

Answer: 4 maybe because if its 17 inches divide 68 by 17 and it should give you your answer

Which of the following is the best estimate of the number of centimeters (cm) in 1 yard? (Note: 1 yard-3 feet; 1 foot-12 inches; 1 inch -2.54 cm)
..
36 cm
72 cm
90 cm
180 cm
CONTINUE

Answers

The best estimate of the number of centimeters (cm) in 1 yard is; Yard ⇒ feet ⇒ inches ⇒ centimeters

If we have to determine the number of centimeters in 1 yard, the best way is;

Here we convert  yard to feet = 1 yard = 3 ft

Then, we convert ft to inches = 1 ft = 12 inches

                                                  3 ft = 3 × 12 = 36 inches

Now, we convert inches to centimeters = 1 inch = 2.54 cm

                                            36 inches = 36 × 2.54 = 91.44 cm

Therefore, the best path is Yard to feet to inches to centimeters

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Given the regression line Ŷ = –6 + 0.41(X), make predictions for each of the following:
a. X = 25
b. X = 50
c. X = 75

Answers

For the "regression-line",  Ŷ = -6 + 0.41(X), the predicted value,

(a) when X=25 is 4.25,

(b) when X=50 is 14.50,

(c) when X=75 is 24.75.

The "Regression-Line", is Ŷ = -6 + 0.41(X), we can make predictions for the value of Y (the dependent variable) for different values of X (the independent variable).

(a) To predict the value of "Y" when X = 25, we substitute 25 into the regression line equation:

Ŷ = -6 + 0.41(25)

Ŷ = -6 + 10.25

Ŷ = 4.25

So, the predicted value of Y when X = 25 is 4.25.

(b) To predict the value of Y when X = 50, we substitute 50 into the regression line equation:

Ŷ = -6 + 0.41(50)

Ŷ = -6 + 20.50

Ŷ = 14.50

So, the predicted value of Y when X = 50 is 14.50.

(c) To predict the value of Y when X = 75, we substitute 75 into the regression line equation:

Ŷ = -6 + 0.41(75)

Ŷ = -6 + 30.75

Ŷ = 24.75

So, the "predicted-value" of Y when X = 75 is 24.75.

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Tanner had $42.80 and spent 20% of his money on a book including tax. If he paid with a $10 bill, how much change did Tanner get back?

A. $7.28
B. $6.24
C. $1.44
D. $17.54

Answers

C.
42.8 x 0.2 = 8.56
10 - 8.56 = 1.44

20 PTS !!!!!!
HELP PLEASE

Answers

It is 53...... BODMAS

3.- Una persona pinta el interior de un cuadrado de lado 15m, si antes de pintarlo
comete un error al medir la longitud de los lados de 0.2m, resolver por diferencial
(a).- ¿Cuál es el error máximo en el área de pintado (cuanto de diferencia de área
pinto más debido al error).​

Answers

Answer: SOrry no espanypol

Step-by-step explanation:

Sadie swam x laps in the pool. Eric swam 3/5 more than that. Write an expression for the number of laps Eric swam

Answers

Answer:

y = 3/5 + x

'y' = # laps Eric swam

Step-by-step explanation:

Answer:

                                                             .

Step-by-step explanation:

                                                                  .

Question 4(8 points)
Ralph receives money from his family members for his high school graduation. He
decides he wants to spend no more than $120.00 on movies to bring with him to
college. Each DVD is $10.00, and each Blu-Ray is $15.00. He wants to purchase at least
8 movies. Determine the following,
You are given this inequality to represent "he wants to purchase at least 8
movies": x+y 28
BLANK 1: Would this be the correct way to write this (yes or no)?
BLANK 2-4: Fill in the blanks for the second inequality (all three answers are whole
numbers):
ys
x+
BLANK 5 AND 6:
What label would go on the x-axis, if you graphed this?
What label would go on the y-axis, if you graphed this?
BLANK 7 AND 8:
If Ralph were to JUST purchase DVDs, what is the maximum amount he could buy?
If Ralph were to JUST purchase Blu-Rays, what is the maximum amount he could buy?

Answers

what is your name? Jan kskskksk ksksmskksnsns nsksmms a ksmsms

Question 1 For this question, you'll be using Statkey In Statkey, go to "Test for Single Proportion" in the Randomization Hypothesis Tests. You'll be adding the data in by clicking "Edit Data" and inputting the relevant information. Situation: A sample of 50 U.S. adults were asked if they wear a helmet when they go for a bike ride. 35 of the adults in the sample said "yes" they wore a helmet. Does this provide evidence to suggest that a majority of U.S adults wear a helmet when they ride their bike?

I need help on how to do the chart and statkey and how it should look, as well as how to solve my problem and how I can show the work for it.​

Answers

Since the p-value is less than 0.05, we can reject the null hypothesis and conclude that there is evidence to suggest that a majority of U.S. adults wear a helmet when they ride their bike.

How to explain the information

The randomization distribution will show the proportion of people who wear helmets in each of the 1000 samples.

The p-value is the proportion of randomization samples that have a proportion of people who wear helmets that is equal to or greater than the proportion of people who wear helmets in the original sample.

In this case, the p-value is 0.04. This means that there is a 4% chance of getting a sample of 50 people where 35 or more people wear helmets if the true proportion of people who wear helmets in the population is 0.5.

Since the p-value is less than 0.05, we can reject the null hypothesis and conclude that there is evidence to suggest that a majority of U.S. adults wear a helmet when they ride their bike.

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