A $5,600.00 principal earns 9% interest, compounded monthly. after 5 years, what is the balance in the account? round to the nearest cent.

Answers

Answer 1

To calculate the balance in the account after 5 years, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A is the final balance

P is the principal amount

r is the interest rate (in decimal form)

n is the number of times interest is compounded per year

t is the number of years

Given:

P = $5,600.00

r = 9% = 0.09 (decimal form)

n = 12 (compounded monthly)

t = 5 years

Plugging in the values into the formula:

A = 5600(1 + 0.09/12)^(12*5)

Calculating this expression will give us the balance in the account after 5 years. Rounding to the nearest cent:

A ≈ $8,105.80

Therefore, the balance in the account after 5 years would be approximately $8,105.80.

Learn more about  compound interest Visit : brainly.com/question/3989769

#SPJ11


Related Questions

y=x+3
y=-x-1
i need to find the solution of equations

Answers

Answer:

[tex]\huge\boxed{\sf \{(-2,1)\}}[/tex]

Step-by-step explanation:

Given equations:

y = x + 3

y = -x - 1

By comparing the above equations, we get:

x + 3 = -x - 1

Add x to both sides

x + x + 3 = -1 2x + 3 = -1

Subtract 3 to both sides

2x = -1 - 3

2x = -4

Divide 2 to both sides

x = -4/2

x = -2

Substitute x = -2 in first equation.

y = x + 3

y = -2 + 3

y = 1

So,

Solution Set = {(x,y)}={(-2,1)}

[tex]\rule[225]{225}{2}[/tex]

Answer:

[tex]x = - 2 \\ y = 1[/tex]

Step-by-step explanation:

The above are Simultaneous equations.

What are Simultaneous equations?

Simultaneous equations are two or more algebraic equations which share same variables like X,Y or X,Y and Z.

They are called simultaneous equations because they can be solved the same time.

From the question,

[tex]y = x + 3 - - - - - - (1) \\ y = - x - 1 - - - - - - (2) \\ Substitute \: equation \: (2)into \: (1) \\ - x - 1 = x + 3 \\ Collect \: liketerms \\ - x - x = 3 + 1 \\ - 2x = 4 \\ Divide \: bothsides \: by \: - 2 \\ \frac{ - 2x}{ - 2} = \frac{4}{ - 2} \\ x = - 2 \\ Substitute \: the \: value \: of \: x \: into \: equation \: (1) \\ y = x + 3 \\ y = - 2 + 3 \\ y = 1 \\ Therefore \: x = - 2 \: \: and \: y = 1[/tex]

Drag the tiles to the correct boxes to complete the pairs. Not all tiles will be used.
Match each expression to make pairs of equivalent expressions.

Answers

The equivalent expressions indicated are;

1) 1/a^6b^4

2) a^6/b^6

3) a^6/b^5

4) b^6/a^6

5) a^5b^3

What is the result of the equivalent expressions?

We have to note that when we talk about the equivalent expressions, we mean the expressions that we have to get from each other when we carry out a little computational work on the original expression.

Thus, the equivalent expression has shown that the expression that is in the bracket is the same as the original expression by the use of the laws of exponents.

Learn more about laws of exponents:https://brainly.com/question/28966438

#SPJ1

Which is an equivalent form of the expression 1800(1.2)^-t

Answers

Answer:

1800(5/6)^t

Step-by-step explanation:

I don't see any answer choices, but this would be another form if it is listed. The negative exponent means that you get the reciprocal of the fraction (in this case 1.2). This turns 1.2 into (1/1.2), which is equivalent to 5/6.

help help help help help help pleaseeeeeee

Answers

the maximum height is 180ft.

How to find the maximum height of the rocket?

The height of the equation is modeled by:

[tex]y = 60t - 5t^2[/tex]

Notice that this is a quadratic equation with a negative leading coefficient, which means that the maximum is at the vertex, then the maximum is at:

[tex]t = -60/(2*-5) = 6[/tex]

To get the maximum height, we need to evaluate the function in t = 6, we will get:

[tex]y = 60*6 - 5*6^2 = 180[/tex]

This means that the maximum height is 180ft.

If you want to learn more about quadratic equations:

https://brainly.com/question/1214333

#SPJ1

pls help i’ll give brainliest

Answers

Answer: y=-1/5x+ 8/5    (Third one down)

The name of this bronze-casting process relies on a modeled original form made from a pliable material. This method is known as ________.

Answers

The bronze-casting process that depends on a modelled original form is:  lost-wax casting.

What is Lost-wax Casting?

Lost-wax casting is a bronze-casting process which is also referred to as the cire-perdue. In this type of metal casting, a wax model is created when a molten metal is usually poured into a mold. The wax model is then melted and drained.

In summary, the name for this bronze-casting process that relies on this wax model is called: lost-wax casting.

Learn more about the lost-wax casting on:

https://brainly.com/question/26382053

#SPJ1

given that 5x:9=7:3 calculate the value of x. give your answer in its simplest form.

Answers

[tex]\huge\underline{\red{A}\green{n}\blue{s}\purple{w}\pink{e}\orange{r} →}[/tex]

x = 21/5

Step-by-step explanation:

___________________________

Given →

5x:9 = 7:3

So,

→ 5x/9 = 7/3

→ x = (7 × 9)/(3 × 5)

→ x = 21/5

___________________________

Hope it helps you!!

Rita divides avogadro’s number (approximately 6.02214 times. 1023) by 2.055 to calculate the number of atoms in a sample. which expression gives her result to the correct number of significant figures? 2.93 times. 1023 2.930 times. 1023 2.9305 times. 1023 2.93048 times. 1023

Answers

The correct answer is 2.930 × [tex]10^{23}[/tex]

What is Avogadro's number?

Avogadro's number, which is equal to 6.02214076 1023, is the quantity of units in one mole of any material (defined as its molecular weight in grams). Depending on the substance and the nature of the reaction, the units may be electrons, atoms, ions, or molecules (if any).

You have two numbers here. While number 2.0550 is stated with five significant figures, Avogadro's number is supplied with four. This implies that you must provide four significant figures with your result.

(6.022 × [tex]10^{23}[/tex]) / 2.0550 = 2.930 × [tex]10^{23}[/tex]

Therefore, the correct answer is 2.930 ×[tex]10^{23}[/tex] .

to know more about Avogadro number visit:

https://brainly.com/question/1445383

#SPJ4

Emma has money in two savings accounts. One rate is 6% and the other is 14%. If she has $950 more in the 14% account and the total interest is $342, how much is invested in each savings account?

Answers

The amount invested in the account that has a rate of 14% is $1767

The amount invested in the account that has a rate of 6% is $1425.

What are the linear equations that represent the question

0.06a + 0.14b = 342 equation 1

b - a = $950 equation 2

Where:

a = amount invested in the account that has a rate of 6%

b =  = amount invested in the account that has a rate of 14%

How much was invested in each account?

Multiply equation 2 by 0.06

0.06b - 0.06a = 57 equation 3

Subtract equation 3 from equation 2

285 = 0.2a

a = 285 / 0.2

a = 1425

Substitute for a in equation 2

b - 1425 = 342

b = 1425 + 342

b = $1767

To learn more about linear functions, please check: https://brainly.com/question/26434260

#SPJ1

If a researcher needs a sample that is representative of the population they are studying, they could utilize a _______.

Answers

The researchers could utilize a probability sample.

Meaning of a Probability Sample

Every member of a population must have an equal chance of being chosen for a study in order for a sample to be considered a probability sample, and the researcher must be aware of this likelihood. The most typical type of sampling used in public opinion research, election polling, and other studies whose findings will be generalized to a larger population is probability sampling in which probability samples are made use of.

Probability Sample as the Representative of Population Sample

Here, a sample that qualifies for a representative of the population the researchers are studying, must consist of members having equal chances to be chosen for the study. Thus, a probability sample is the best representative of their study population.

Learn more about probability sample here:

https://brainly.com/question/28016369

#SPJ4

To support a tree damaged in a storm, a 12-foot wire is secured from the ground to the tree at a point 10 feet off the ground. The tree meets the ground at a right angle.

At approximately what angle does the wire meet the ground?
33.6°
39.8°
50.2°
56.4°

Answers

Using relations in a right triangle, it is found that the tree meets the wire at an angle of 56.4º.

What are the relations in a right triangle?

The relations in a right triangle are given as follows:

The sine of an angle is given by the length of the opposite side to the angle divided by the length of the hypotenuse.The cosine of an angle is given by the length of the adjacent side to the angle divided by the length of the hypotenuse.The tangent of an angle is given by the length of the opposite side to the angle divided by the length of the adjacent side to the angle.

In this problem, we have that:

The opposite side to the angle is of 10 feet.The hypotenuse is of 12 feet.

Hence:

[tex]\sin{\alpha} = \frac{10}{12}[/tex]

[tex]\alpha = \sin^{-1}{\left(\frac{10}{12}\right)}[/tex]

[tex]\alpha = 56.4^\circ[/tex].

More can be learned about relations in a right triangle at https://brainly.com/question/26396675
#SPJ1

Let a and b be the events of the fda approving and rejecting a new drug to treat hypertension, respectively. The events a and b are:_____.
a. independent.
b. unilateral.
c. conditional.
d. mutually exclusive.

Answers

The correct option is (d) Mutually exclusive events.

Let a and b be the events of the fda approving and rejecting a new drug to treat hypertension, respectively. The events a and b are mutually exclusive events.

Two events are mutually exclusive or disjoint in logic and probability theory if they cannot both occur at the same time. The results of a single coin toss, which can result in either heads or tails but not both, provide a clear illustration.

A statistical term used to describe events that cannot occur concurrently is "mutually exclusive." It is frequently used to refer to circumstances in which the occurrence of one event takes precedence over the other. For instance, it is impossible for war and peace to exist together. They are therefore opposed to one another.

Learn more about mutually exclusive events here

https://brainly.com/question/12961938

#SPJ4

In the past, schools in Los Angeles County have closed an average of three days each year for weather emergencies. What is the probability that schools in Los Angeles County will close for four days next year

Answers

The probability that the schools in Los Angeles will be closed for four days next year is 0.1680.

What is Poisson's distribution formula?

In order to comprehend separate events that happen at a steady pace over the course of a specified amount of time, Poisson's distributions are frequently utilized.

Formula for Poisson's distribution:

f(x) = ((λ^x)/x!).(e^(-λ))

x = Event to be calculated for

λ = Expected number of occurrences

P(X = x) = ((λ^x)/x!).(e^(-λ))

Here λ = 3 and x = 4

P(X = 4) = (81 / 4!).(e^(-3))

P(X = 4) = (81 * e^(-3))/24

P(X = 4) = (81 * 0.049)/24

P(X = 4) = 0.1680

Hence, the probability that schools in Los Angeles will be closed for four days next year is 0.1680.

Learn more about probability on:

https://brainly.com/question/25870256

#SPJ4

PLEASE HELP IM SUPER STUCK

Answers

Replace x with the value in the table and solve for y

-3:  2(-3)/3 + 4 = -6/3 + 4 = -2+4 = 2

0:  2(0)/3 +4 = 0/3 + 4 = 0+4 = 4

3: 2(3)/3 + 4 = 6/3 + 4 = 2 + 4 = 6

6:  2(6)/3 + 4 = 12/3 + 4 = 4+4 = 8

Answer:

When x = -3:

y = 2(-3)/3 + 4

y = 2

When x = 0:

y = 2(0)/3 + 4

y = 4

When x = 3:

y = 2(3)/3 + 4

y = 6

When x = 6:

y = 2(6)/3 + 4

y = 8

(?) James is following this recipe to make flapjacks.
James uses 650 g of margarine.
How many flapjacks is James making?
Recipe: Makes 8 flapjacks
50 g sugar
100 ml syrup
125 g oats
130 g margarine
65 g sultanas

Answers

I hope this helps.
Remember find how much is for one person and divide it by how much grams it uses to find how many people it’s making it for

Which is a factor of f(x) = 60x4 86x3 – 46x2 – 43x 8? use the rational root theorem to help you find your answer.

Answers

The correct option is (2)  [tex]\frac{8}{5}[/tex] and (3)  [tex]\frac{1}{6}[/tex].

The factor of equation  f(x) = 60[tex]x^{4}[/tex] +  86[tex]x^{3}[/tex] – 46[tex]x^{2}[/tex] – 43[tex]x[/tex] + 8 are [tex]\frac{8}{5}[/tex] and [tex]\frac{1}{6}[/tex].

Rational Root Theorem:  

The rational root theorem, also referred to as the rational zero theorem, is a potent mathematical technique used to identify all potential rational roots of polynomial equations of order 3 and above.

For the given polynomial, the roots are given as;

[tex]$$P(x)=a_{n} x^{n}+a_{n-1} x^{n-1}+\cdots+a_{2} x^{2}+a_{1} x+a_{0}$$\\ \\$\pm \frac{\text { factors of } a_{0}}{\text { factors of } a_{n}}$.[/tex]

Factors of 60 are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30, 60 and factors of 8 are 1, 2, 4 and 8.

Out of the given options, only   [tex]\frac{8}{5}[/tex] and [tex]\frac{1}{6}[/tex] can be written in the form:  

[tex]\begin{aligned}&\frac{8}{5}=\frac{\text { a factor of } 8}{\text { a factor of } 60} \\&\frac{1}{6}=\frac{\text { a factor of } 8}{\text { a factor of } 60}\end{aligned}[/tex]

Therefore, the rational roots of polynomial f(x) = 60[tex]x^{4}[/tex] +  86[tex]x^{3}[/tex] – 46[tex]x^{2}[/tex] – 43[tex]x[/tex] + 8 are [tex]\frac{8}{5}[/tex] and [tex]\frac{1}{6}[/tex].

To know more about Rational Root Theorem, here

https://brainly.com/question/10937559

#SPJ4

The complete question is-

Which is a factor of f(x) = 60[tex]x^{4}[/tex] +  86[tex]x^{3}[/tex] – 46[tex]x^{2}[/tex] – 43[tex]x[/tex] + 8? use the rational root theorem to help you find your answer.

x – 6 => 65x – 8 =>   [tex]\frac{8}{5}[/tex] 6x – 1 =>   [tex]\frac{1}{6}[/tex]8x + 5 => [tex]\frac{-5}{8}[/tex]

Help please!!! Due in 10 mins

Answers

Answer:

2.0

Step-by-step explanation:

A machine in a candy company creates 9,328 pieces of candy each hour. if a box holds 98 pieces of candy, how many boxes can be filled in one hour?

Answers

Answer:

Step-by-step explanation:

9,328 and you would divide that by 98 and the answer would be 95.18367347 boxes


three decreased by eleven times a number

Answers

Step-by-step explanation:

3 - 11x

x is "a number".

so, the request is to multiply it by 11 and subtract the result from 3.

Jessica and her best friend found some money under the couch. they split the money evenly, each getting $16.32. how much money did they find?

Answers

Based on the fact that Jessica and her best friend split the money and were able to get $16.32, the total amount that they found was $32.64

How much did Jessica and her friend find?

The fact that they split the money evenly means that they split it in half which each person getting the same amount.

This means that the total amount they found was twice the amount that Jessica and her best friend got.

The total amount found is therefore:

= Jessica's share + Best friend's share

= 16.32 + 16.32

= $32.64

Find out more on money addition problems at https://brainly.com/question/20460989.

#SPJ1

Select one or more expressions that together represent all solutions to the equation.
Your answer should be in radians.
Assume n is any integer.
30 cos (30x) + 14 = -16
Choose all answers that apply:

Answers

Answer:

  D.  π/30 + n(π/15)

Step-by-step explanation:

The given equation can be solved by isolating the cosine function and using the inverse function to find the angles.

Solution

  30cos(30x) +14 = -16

  30cos(30x) = -30 . . . . . . subtract 14

  cos(30x) = -1

This is an extreme value of the cosine function that first occurs where the argument is π, and repeats every 2π after that:

  30x = π +2nπ

  x = π/30 +n(π/15) . . . . . odd multiples of π/30

__

Additional comment

The answer choices other than D include all multiples of π/30, or only even multiples of π/30. Either way, they are not part of the correct answer.

3. There are 50 girls and 50 boys at a party, all of
whom have written down their names on sheets
of paper for a chance to win a raffle prize. Of all
the girls and boys, 10 girls have braces and 15
boys have braces. What is the probability that
the child randomly chosen to win the raffle will
be a boy without braces?

Answers

There is a 25% chance that a child with braces will be chosen.

From the top of a 16 m tall building, the angle of depression to a car on the road is 35°. To the nearest metre, how far is the car from the base of the building?

Answers

The distance of the car from the tall building to the nearest meter is 23m.

How far is the car from the base of the building?

Given the data in the question;

Angle of depression θ = 35°Height of building = 16mDistance of car from building = x

We use trigonometric ratio since the scenario forms a right angle triangle.

tanθ = opposite / adjacent

tanθ = opposite / adjacent

tan( 35° ) = 16m / x

x = 16m / tan( 35° )

x = 16m / 0.7002

x = 23m

Therefore, the distance of the car from the tall building to the nearest meter is 23m.

Learn more about trigonometric ratio here: brainly.com/question/28016662

#SPJ1

The Smith family bought carpet for their basement. It originally cost $1,600. The company offered and installment plan for 12 monthly payments of $150. How much was the carpet?​

Answers

Answer:

$1,800

Step-by-step explanation:

If the Smiths agree to the installment plan and pay $150 every month for 12 months, it will add up to $1,800 at the end of the year.

Give the center and radius of a circle with the equation: (x+1)²+(y-2)²=100
A-The center is (-1. 2) and the radius is 10
B-The center is (1, -2) and the radius is 50
C- The center is (1, -2) and the radius is 10
D- The center is (-1, 2) and the radius is 50

Answers

OPTION A is the correct answer

In simplified form, we can write $\sqrt[3]{\sqrt[3]{54}+\sqrt[3]{250}}$ as $a\sqrt[b]{c}$, where $a$, $b$, and $c$ are all positive integers. what is $a+b+c$?

Answers

The sum of a+b+c = 307.

According to the statement

[tex]$\sqrt[3]{\sqrt[3]{54}+\sqrt[3]{250}}$[/tex] is written as [tex]$a\sqrt[b]{c}$[/tex]

now we find the sum of these

in these terms a=54 and b=3 and c=250

Then

a+b+c = 54+3+250

a+b+c = 307

So, The sum of a+b+c = 307.

Learn more about ADDITION PROPERTY here https://brainly.com/question/14804395

#SPJ4

I really need help for my hw please

Answers

Answer:

5.46

111

86

367.2

49

467

use labels

Step-by-step explanation:

1. [tex]\frac{39}{2} times . 0.28[/tex]

[tex]\frac{39}{2} times \frac{28}{100} =\frac{1092}{200} \\[/tex]

[tex]\frac{1092}{200} = \frac{273}{50}[/tex]

Answer 273/50 or 5.46 inches

2. [tex]\frac{97}{87} times \frac{100}{1} =\frac{9700}{87}[/tex]

Answer 9700/87= 111%ft

3. [tex]\frac{146}{1} divided \frac{170}{1}[/tex]

[tex]\frac{146}{1}times\frac{1}{170} =\frac{146}{170}[/tex]

Answer=146/170=73/85=

86%tons

4. [tex]\frac{136}{1} times\frac{270}{100} =\frac{36720}{100}[/tex]

Answer=367.2%ft

5 .[tex]\frac{60}{123}[/tex]=49%inches

6.[tex]\frac{56}{1} times\frac{100}{12} =[/tex]467%inches

780tonnes 650kilograms ÷13​

Answers

Answer:

60 kilograms

Step-by-step explanation:

please help me solve this

Answers

Answer:

1.5, -1.5

Step-by-step explanation:

Using the quadratic formula, you should have a plus, and minus solution. These should be your answers.

Can someone help me out with these two problems having trouble please !!

Answers

Answer:

1.

x=-10

x=-6

2.

x=10

x=-3

Step-by-step explanation:

to find the zeros of a function you need to set it equal to zero:

x^2+16x+60=0

then you factor

(x+10)(x+6)=0

then you have to finish factoring/simplifying

x+10=0

  -10

x=-10

x+6=0

 -6

x=-6

and the same thing for number 2

x^2-7x-30=0

(x-10)(x-3)=0

x=10, x=3

Answer:

1.) x = -10, x = - 6

2.) x = 10, x = -3

Step-by-step explanation:

1.) factorize and set the equation to zero by multiplying a and c and finding factors of it that will result in b once added/subtracted

[tex]x^2+16x+60\\(x+10)(x+6)\\(x+10)(x+6)=0\\x=-10, x=-6[/tex]

2.) do the same for number 2:

[tex]x^2-7x-30\\(x-10)(x+3)\\(x-10)(x+3)=0\\x = 10, x = -3[/tex]

i hope this helped!

Other Questions
True or False Exponential Growth occurs when the same number is added tothe consecutive output values. A biologist studies a population of anteaters living in a large nature reserve. The reserve is surrounded by farms where anteaters are not safe, but the reserve is a perfect place for anteaters: there are few predators and lots of ants. The biologist counts the number of anteaters in the reserve every year for twenty years and finds the size of the population does not change much. Which of the following is the best description of what life in this reserve is probably like for these anteaters?a. The anteaters have little or no difficulties obtaining food and raising offspring. ants. Their tongues are 24 inches long and covered with sticky saliva. Anteaters cannot open b. Adult anteaters compete for food and many young anteaters die. theirmouth, and do not have teeth. Even the stomachs of anteaters are unique: unlike most mammals,c. It is impossible to know without actually observing anteaters in the reserve. Please helpp this is worth my gradePart D Some advertisements may state opinions and some may make exaggerated claims. For the purpose of this activity, you will create an advertisement based on real facts. So make sure that your research is strong and well supported. Conduct further research if needed on the civilization you chose. Form at least three arguments that support the civilization as the "best." Make sure that you provide at least two sources to support your argument. One of Japan's major achievements was:O A. giving women the same rights as men.O B. developing the haiku form of poetry.C. letting all people vote for their leaders.O D. conquering a large empire in Asia.SU 3. The pressure at the bottom of the ocean is great enough to crush submarines with steel walls that are 10 centimeters thick. Suppose a submarine is at a depth of 1,000 meters. The weight of water above each square meter of the submarine is 9,800,000 newtons. expand 3(n+6)This for the test Someone please let me know the answer Which of the following is not a premise of Cell Theory?l. All cells arise from other cells.ll. All living cells require water for survival.lll. All living things are only composed of cells.Choose 1 answer:a. I onlyb. ll and lllc. ll onlyd. lll only Seven subtracted from a number is -18 Find the 11th term of the geometric sequence 10,-40,160, ... Facts about the chip category obtained from AC Nielsen are?syndicated data.survey data.questionnaire data.primary data.experimental data. _____ is defined as to make fun of someone or something, especially by imitating a behavior.Question 39 options:a) Colossalb) Despairc) Mockd) Pedestal Given the functions f(x) = 6x + 11 and g(x) = x2 + 6, which of the following functions represents f[g(x)] correctly? f[g(x)] = 36x2 + 132x + 127 f[g(x)] = 36x2 + 132x + 121 f[g(x)] = 6x2 + 47 f[g(x)] = 6x2 + 36 HELP ME PLEASE!!!!ITS DUE TODAY!! A right triangle has an angle that measures 47. What is the measurement of the third angle in the triangle? Curved surface area of a cone is 308 cm and its slant height is 14 cm Find.radius of the base (m) Total surface area of the cone. any two ways to reduce sound pollution Read the excerpt from Roosevelts State of the Union address and the poster below it. Fortunately, there are only a few Americans who place appetite above patriotism. The overwhelming majority realize that the food we send abroad is for essential military purposes, for our own and Allied fighting forces, and for necessary help in areas that we occupy. Poster about rationing. Both the speech and the poster convey the importance of conserving resources at home so troops can have more. making sure that all citizens receive a fair share. displaying patriotism in all facets of ones daily life. donating money to provide supplies for the troops. Joe lost 4 kg and now weighs 60 kg. What percentage of his original weight did he lose? service that provide when the customer is still in the store