Limone's Lemonade Corp. Has a savings plan for its employees. If an employee makes an initial contribution of $1,000.00, the company pays 8% interest compounded quarterly. What is the value of the account after 5 years?

Answers

Answer 1

Answer:

$1485.95

Step-by-step explanation:

The formula to be used is :

FV = PV (1 + r/m)^mn

FV = Future value  

PV = Present value  

R = interest rate  

N = number of years

m = number of compounding

1000x (1 + 0.08/4)^5x4 = $1485.95


Related Questions

The price of a car was decreased by 40% to £750.
What was the price before the decrease?

Answers

60% = 750
10% = 125
1000% = 1250

Price before decrease is £1250

f(x)=3x2+2x−3

g(x)=2x+4

Answers

Answer:

what are we supposed to find here ?

1. Kate deposits $2,350 in an account that earns interest at a rate of 1.1%, compounded
monthly. What is her ending balance after 5 years? Round to the nearest cent.

B = P (1+5) "
P =
r =
n =
t =

Answers

Answer:

$454220

Step-by-step explanation:

Given: B = P[tex](1 + \frac{r}{n} )^{nt}[/tex]

But, B is the future amount

      P is the present amount = $2350

      r is the rate = 1.1%

     n is the number of compounding per year = 12

     t is the number of years = 5

So that;

B = 2350[tex](1+\frac{1.1}{12}) ^{12*5}[/tex]

  = 2350[tex](1.0917)^{60}[/tex]

B = 2350 x 193.2852

  = 454220.22

B = $454220

Thus, her ending balance after 5 years is $454220.

please help i’ll give you brainliest and a thanks ❤️

Answers

1. 2⁰
2. 2¹
3. 2-¹
4. 2⁰

Answer:

[tex]2^{4} x 2^{-4} ---- 2^{0} \\2^{-4} x 2^{5} ---- 2^{1} \\\frac{2^{4} }{2^{5}} ---- 2^{-1} \\\\\frac{2^{4} }{2^{4}} ---- 2^{0}[/tex]

Step-by-step explanation:

(pretend the x's are multiplication signs)

hope this helps you!

The triangle represents a scale drawing that was created by using a factor of One-half.

A triangle with sides lengths of 5 inches.

Which is true of the measures of the sides of the original triangle?
Each side of the original triangle is One-half the length of each side of the scale drawing.
Each side of the original triangle is 2 times the length of each side of the scale drawing.
Each side of the original triangle is the same length as each side of the scale drawing.
Each side of the original triangle is 2 inches shorter than the scale drawing.

Answers

9514 1404 393

Answer:

  (b)  Each side of the original triangle is 2 times the length of each side of the scale drawing.

Step-by-step explanation:

If the smaller is 1/2 the larger, then the larger is 2 times the smaller. The original triangle's sides are 2 times those of the scale drawing.

Solve for A.
BA + C = D
1)A = D-B-C
2)A = (D-C)/B
3)A = (C - D)B
please hurry

Answers

i’m 95% sure the answer is 2

Consider AWHY below.
Y
h
31
67°
H Η
W
Solve for h. Round your answer to one decimal place.

Answers

73.0

Step-by-step explanation:

tan 67°=O/A=h/31

h=31tan67°

h=73.0

The value of the variable for which the equation is satisfied is called the
___________ of the equation.

Answers

Answer:

solution

Step-by-step explanation:

The value of the variable for which the equation is satisfied is called the solution of the equation.

What will be true about the sixth term in the pattern below?


1, 2, 4, 8, ...


It will be an even number greater than 16.


It will be an even number greater than 32.


It will be an odd number greater than 16.


It will be an odd number greater than 32.

Answers

it will be an even number greater than 16

5.


Identify the mapping diagram that represents the relation and determine whether the relation is a function.

{(–3, –6), (–1, –6), (5, –6), (8, –6)}

Which of the following is true?


A. choice a.


B. choice d.


C. choice c.


D. choice b.

Answers

Answer:

The answer is D. choice B. The coordinate point CAN share the same y point but, CANNOT share the same x point

Step-by-step explanation:

For all values of x, y = - 6

Your function:

y = - 6

PLEASE HELP ME!!!!
Match each radical expression with the equivalent exponential expression.

Answers

In order going down list:
3^1/2
2^1/3
3^1/4
2^1/5

Radicals can be written as exponential expression as following:

[tex]\sqrt{3} = 3^{\frac{1}{2}}[/tex]

[tex]\sqrt[3]{2} = 2^{\frac{1}{3} }[/tex]

[tex]\sqrt[4]{3} = 3^{\frac{1}{4}}[/tex]

[tex]\sqrt[5]{2} = 2^{\frac{1}{5} }[/tex]

What is radical?

The radical of a number is the same as the root of a number. The root can be a square root, cube root, or in general, nth root.

[tex]\sqrt[n]{x} = x^{\frac{1}{n} }[/tex]

Given radicals,

[tex]\sqrt{3} = 3^{\frac{1}{2}}[/tex]

[tex]\sqrt[3]{2} = 2^{\frac{1}{3} }[/tex]

[tex]\sqrt[4]{3} = 3^{\frac{1}{4}}[/tex]

[tex]\sqrt[5]{2} = 2^{\frac{1}{5} }[/tex]

Hence, Exponential expression for the given radicals are [tex]3^{\frac{1}{2} }, 2^{\frac{1}{3} }, 3^{\frac{1}{4} }, 2^{\frac{1}{5} }[/tex] .

Learn more about radical here:

https://brainly.com/question/1369233

#SPJ2

Sue is 5 years older than Ann. In 6 years, Sue’s age will be 11 years less than twice Ann’s age then. How old is each person now?

Answers

Oh gosh oh I see oooooo and her mom in

You can buy 5 cans of beans at the Village Market for $3.20. You can buy 10 of the same cans of beans at Sam’s Club for $7.30. Which place is the better buy?

Answers

Answer:

Village Market

Step-by-step explanation:

3.20÷5=.64

7.30÷10=.73

Village market because if you buy two packs of 5 cans to for $3.20 it will be only $6.40 compared to sams club for 10 cans for $7.30. At Village market you can get the same amount for a cheaper price

Find the markup rate on a 60$ jacket that sells for 75$

Answers

it went up 125% or 25 percent more

help QUICK I HAVE 17 MIN LEFT WILL GIVE BRAINLIEST​

Answers

Answer:

5 : 9

Step-by-step explanation:

Complete the equivalent fraction.

1/8 ? /56

Answers

Answer:

1/8 = 7/56

Step-by-step explanation:

Find the equation in slope-intercept form of a line with slope -2 and y-intercept 4.
A. y=-2x B. y=4x-2 C. y=2x-4 D. y=-2x+4

Answers

Answer:

D. y=-2x+4

Step-by-step explanation:

Here is part of a train timetable.
Brighton
0718
0725
0728
London
0900
0832
08 48
Gavin gets to the station in Brighton at 0705
a) Work out how many minutes he has to wait until 07 18
minutes
(1)
b) Work out how long it will take the 07 18 train to get to London.
Give your answer in hours and minutes.
hr(s) min(s)
(2)
Total marks: 3

Answers

He has to wait 13 minutes for the 7:18 train

I think it's a but not sure could you tell me if I'm right or if not tell me the answer​

Answers

Answer:

Leonardo emiliano Castañeda

Answer:

Your answer is correct.

A tube of toothpaste is marked $3.92 for 8 ounces. What is the price per ounce?

Answers

Answer:

$0.49

Step-by-step explanation:

If the tube is 8 ounces and is priced at $3.92, then one ounce would be $3.92/8 =

$0.49

49 cents, hope this helps!

A recipe for a 14 blueberry calls for one cup of flour. The number of muffins that can be made varies directly with the amount of flour used. There are 3 1/2 cup of flour available. How many muffins can be made?

Answers

Answer:

49

49 muffins would be made because if you first multiply 14 by 3 you would get 42 and if half of 14 is 7 and you add that to 42 which would equal 49 and there is your answer.

i will really appreciate it if you guys could help me out .

Answers

Answer: he owes him 3 cents

Step-by-step explanation:

Answer:

3$

Step-by-step explanation:

you got to do 8 minus 5.

geometry please please pleaseee help

Answers

Answer:

9 students have braces

Step-by-step explanation:

honestly, you could just probably solve it mentally but we are going to make a proportion.

[tex]\frac{3}{5} = \frac{x}{15}[/tex]

5*3 = 15; so you then multiply 3 by 3 and get 9 as your final answer

B) 9. How did you get from 5 to 15? You multiply by 3! That is what you have to do to the 3! keeping the ratio, ratio!

5 over 4 multiplied by 12

Answers

Answer:

the answer is 15

Step-by-step explanation:

5/4 x 12 = 15

15

Step by step Explanation

[tex] \frac{5}{4} \times 12[/tex]

[tex] \frac{60}{4} [/tex]

Simplify 5a – (2a + 6)

Answers

Answer:

Step-by-step explanation:

Add '-2a' to each side of the equation.

5a + -2a = -6 + 2a + -2a

Combine like terms: 5a + -2a = 3a

3a = -6 + 2a + -2a

Combine like terms: 2a + -2a = 0

3a = -6 + 0

3a = -6

Divide each side by '3'.

a = -2

Simplifying

a = -2

5a -2a -6

3a -6

Step-by-step explanation:

..........................

Are these terms alike or unlike: 2xy and 2xyz

Answers

Answer:

Unlike

Step-by-step explanation:

When it comes to like terms, the numbers must have the same ending variable, 2xy and 2xyz do not have the same ending variable, which seeing it, one ends with 2xy and the other with 2xyz. Therefore these terms are not the same and the answer is unlike.

Answer:

unlike

Step-by-step explanation:

this is bc 2xy does have a z while 2xyz does

Maria used one bag of flour. She baked
two loaves of bread. Then she used the


remaining flour to make 48 muffins. How


much flour was in the bag when Maria


began?

Answers

Answer:

48 pounds

Step-by-step explanation:

7 answer is 89-7 because 3x2 is 9 so. Divide nine into two you get 1.5

Please Help ASAP!! Will Mark BRAINLIEST! Solving Equations with Distributive Property.
1) -18 = 5-(6k - 19)
2) 6(8 - 3x) - (2x + 1) = 107

Answers

Answer:

1: k = 7

2: x= - 3

Step-by-step explanation:

sorry i don't know if u need an explanation

hope it helped tho

Step-by-step explanation:

Explanation in the pic

abcdefg

Cathy is playing a game with a set of 24 cards equally divided into 4 colors (red, green, blue, and yellow).



Find the probability of her randomly selecting a red card, not replacing it, and then selecting another red card.


A.
image

B.
image

C.
image

D.
image

Answers

Answer:

1/20

Step-by-step explanation:

P(red,red) = 4/16 x 3/15 = 1/4 x 1/5

Answer:

6/24

5/24

Step-by-step explanation:

count how many cards there are(24) then Find out how many red cards there are(4/24=6

Need help ASAP due in 30 minutes!

Answers

y=3x-4

Hope you get it turned in in time!!!
answer:y=3x-4 is the answer
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