You deposit $3000 in a bank account that pays 4% annual interest. Find the balance after 7 years if the interest is compounded quarterly.​

Answers

Answer 1

Answer:

$3840.

Step-by-step explanation:

First, write down the formula: I= PRT (Interest= Principle, rate, time). Then you multiply all of the numbers (3000x0.04x7). You get 840, but then you need to add it to the $3000 which already exist, therefor you get your answer of $3840.


Related Questions

Suppose that past records indicate that the probability that a new car will need a warranty repair in the first 90 days of use is 0.04. If a random sample of 400 new cars is selected. what is the probability that the proportion of new cars needing a warranty repair in the first 90 days will be: a. between 0.05 and 0.06? i.e. P(0.05 SpS 0.06) = (round your answer to 4 decimal places). b. above 0.07? i.e. P(p > 0.07) = (round your answer to 5 decimal places) c. below 0.03?ie. P(p < 0.03) = (round your answer to 4 decimal places)

Answers

Answer:

a) P(0.05 < p < 0.06) = 0.1332

b) P(p > 0.07) = 0.0011.

c) P(p < 0.03) = 0.1539

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

Suppose that past records indicate that the probability that a new car will need a warranty repair in the first 90 days of use is 0.04.

This means that [tex]p = 0.04[/tex]

Sample of 400.

This means that [tex]n = 400, s = \sqrt{\frac{0.04*0.96}{400}} = 0.0098[/tex]

a. between 0.05 and 0.06?

This is the p-value of Z when X = 0.05 subtracted by the p-value of Z when X = 0.05. So

X = 0.06

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.06 - 0.04}{0.0098}[/tex]

[tex]Z = 2.04[/tex]

[tex]Z = 2.04[/tex] has a p-value of 0.9793.

X = 0.05

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.05 - 0.04}{0.0098}[/tex]

[tex]Z = 1.02[/tex]

[tex]Z = 1.02[/tex] has a p-value of 0.8461.

0.9793 - 0.8461 = 0.1332

So

P(0.05 < p < 0.06) = 0.1332

b. above 0.07?

This is 1 subtracted by the p-value of Z when X = 0.07. So

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.07 - 0.04}{0.0098}[/tex]

[tex]Z = 3.06[/tex]

[tex]Z = 3.06[/tex] has a p-value of 0.9989.

1 - 0.9989 = 0.0011. So

P(p > 0.07) = 0.0011.

c. below 0.03?

This is the p-value of Z when X = 0.03. So

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.03 - 0.04}{0.0098}[/tex]

[tex]Z = -1.02[/tex]

[tex]Z = -1.02[/tex] has a p-value of 0.1539. So

P(p < 0.03) = 0.1539

State the domain of the graphed function, using interval notation. The domain is ______

Answers

Answer:

[-10,-2) U (-2,2) U [2, 5) U (5, infinity)

Step-by-step explanation:

p/s: I don't have the infinity symbol on my keyboard but you know what it is. Hope this help

Decide if the following probability is classical, empirical, or subjective.

You guess that there is a 30% chance that you will be assigned homework in your English class on Tuesday

Answers

Answer:

Subjective.

Step-by-step explanation:

Classical probability:

A classical probability is a probability based on a formal reasoning, for example, probability of getting heads/tails on a coin toss.

Empirical probability:

An empirical probability is the same as experimental probability, that is, suppose 7 out of 10 people you meet are Buffalo Bills fans, so the next person has a 7/10 = 0.7 = 70% probability of being a Buffalo Bills fan.

Subjective probability:

Probability of somthing happening based on "intuition", that is, based on the person's own experience. In this exercise, we have an example of subjective probability.

10
17 A sequence starts at 300 and 40 is subtracted each timee.
300
260
2200
1800...
The sequence continues in the same way,
What is the first number in the sequence which is less than zerol?
[11]

Answers

9514 1404 393

Answer:

  -20

Step-by-step explanation:

300/40 = 7.5, so the 8th term will be the last positive term. It will be 300 -7×40 = 20. The 9th term will be 20 -40 = -20.

__

The sequence starts ...

  300, 260, 220, 180, 140, 100, 60, 20, -20, ...

2
3
4
9
10
-1
NS
-6
-7
-8
-9
Which three statements correctly describe key features of the function graphed here?

Answers

did u add the attachment of the the statements? cuz i dont see it.

Pedro and his friend Cody played basketball in the backyard. Cody made 5 Baskets . Pedro made 15 baskets. How many times more baskets did pedro make than cody?

Answers

Answer: 10

Step-by-step explanation: 15 - 5 = 10


Need help ASAP
What is the total distance the monkey has traveled when she completes her 10th swing?

Answers

Answer:

89.263 m      I couldn't remember the easist way of doing this type of summation problem.  I used brute force. a spread sheet would have been quicker

Step-by-step explanation:  6  17   22   16

Event   Formula         Calculation      Running Summation

1       20                              20                  20

2      20(4/5)                       16                   36

3      20(4/5)(4/5)               12.8                48.8

4      20(4/5)(4/5)(4/5)       10.24             59.04

5      20(4/5)^4                 8.192              67.232

6      20(4/5)^5                 6.554             73.786

7      20(4/5)^6                 5.453             79.028

8      20(4/5)^7                 4.194              82.223

9      20(4/5)^8                3.355              86.578

10      20(4/5)^9               2.684             89.263

add the results  from each swing

I got 89.263 meters

Over what interval is the parabola below decreasing?



3<. x. <∞
−∞ <. x. <3
−1<. x. <∞
−∞ < x < −1

Answers

Answer:

B. -oo < x < 3

Step-by-step explanation:

since the vertex (3, -1), so, x should be less than 3

-oo < x < 3

What is the value of 6 / x + 2x squared when x = 3

Answers

Answer:

8

Step-by-step explanation:

The equation will become 6/3+2(3)

-->6/3=2

-->Because of Order of Operation we will multiply the 2 and 3 before adding so 2(3) = 6

--> 6+2=8

Answer:

x=6

Step-by-step explanation:

when its squared you multiply by 2

First factor out the greatest common factor from each term. Then factor the remaining polynomial.
4x2+4x-80

Can you please help?

Answers

=4(x^2+x-20) ,

I really hope that helps and sorry if the answer is wrong but i tried my best!!
4(x+5)*(x-4) is the answer

HELP AFAP I WILL GIVE BRAINLIST


Each person in a group of students was identified by year and asked when he or she preferred taking classes: in the morning, afternoon, or evening. The results are shown in the contingency table. Find the probability that the student preferred afternoon classes given he or she is a junior. Round to the nearest thousandth. Be sure to show and explain your work.


When Do You Prefer to Take Classes?

Freshman
Sophomore
Junior
Senior
Morning
2
9
5
10
Afternoon
8
9
8
8
Evening
9
15
16
3

Answers

Answer:

Ok where only looking for junior so heres the stats for that

Morning:5

Afternoon:8

Evening:16

so if we add that up

5+8+16=29

and 8 like after noon so

8/29 as a percent 27.5862%

Hope This Helps!!!

Which inequality models this situation? 3 The company president sets a goal that the percentage of working phones must increase from 30% to at least 80% by the end of the day. 3 8 -> 103 8. 3+% 10+ DONE () Intro​

Answers

Answer:

3+x/10+x>8/10

NEED HELP ASAP

So for this problem I got 10.8 by multiplying 0.60 x 18. However it stated that my answer is incorrect. How do I go about this problem because I am not sure what else to do?

Answers

We are looking for the total amount of the solution. We only know part of it, that there are 18 milliliters of the alcohol. We also know that the alcohol makes up only 60% of the solution.

To find the whole, we can set up a proportion using the information given.

60 / 100 <--- This is our percentage, which we were given.

18 / x <--- This is the part (alcohol - 60%) over the whole, which we don't know and which also corresponds to the 100.

Therefore, our proportion is as such:

60 / 100 = 18 / x

To solve, cross-multiply.

100 * 18 = 60 * x

1800 = 60x

x = 30 total milliliters of the solution

Hope this helps!

upandover has a great solution. Here's a slightly different approach.

x = total amount of solution (consisting of water and alcohol mixed)

0.60x = 60% of x = amount of pure alcohol

0.60x = 18 since we have 18 mL of pure alcohol

Divide both sides by 0.60 to isolate x

0.60x = 18

x = 18/0.60

x = 30

Answer:  30 mL of total solution (alcohol + water).

How many pounds of each type of fruit did she buy? she bought
pounds of limes and pounds of pears.

Answers

Pat bought 5 pounds of apples.

(1) 1 pound of pears cost $0.5 more that 1 pound of apples.

If 1 pound of pears cost $1 and 1 pound of apples cost $0.5, then the cost of 5 pounds of apples is 5*0.5=$2.5. For $2.5 we can buy 2.5/1=2.5 pounds of pears.

If 1 pound of pears cost $1.5 and 1 pound of apples cost $1, then the cost of 5 pounds of apples is 5*1=$5. For $5 we can buy 5/1.5=10/3 pounds of pears.

(2) 1 pound of pears cost 1.5 times as much as 1 pound of apples.

The cost of 5 pounds of apples is $5a (where a is the cost of 1 pound of apples). For $5a we can buy 5a/(1.5a)=5/1.5 pounds of pears. Sufficient.

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Given question is incomplete , the complete question is given below ,

Pat bought 5 pounds of apples. How many pounds of pears could he have bought for same amount of money?

(1) 1 pound of pears cost $0.5 more that 1 pound of apples

(2) 1 pound of pears cost 1.5 times as much as 1 pound of apples

Multiply: 3x⎯⎯⎯⎯√·6y⎯⎯⎯⎯√
.

Answers

Answer:

l

Step-by-step explanation:


What is the slope of the line?
Pls help

Answers

Answer: 3

Step-by-step explanation:

Pick 2 coordinates that are on the line, for example, (-2,0) and (-1,3)

Slope = Rise/Run = (3-0)/(-1-(-2)) = 3

The operation manager at a tire manufacturing company believes that the mean mileage of a tire is 48,637 miles, with a variance of 11,282,880. What is the probability that the sample mean would differ from the population mean by less than 778 miles in a sample of 143 tires if the manager is correct

Answers

Answer:

[tex]P(x < -778) = 0[/tex]

Step-by-step explanation:

Given

[tex]\bar x = 48673[/tex]

[tex]\sigma^2 = 11282880[/tex]

[tex]n = 143[/tex]

Required

[tex]P(x <- 778)[/tex]

First, we calculate the z score

[tex]z = \frac{x}{\sqrt{\sigma^2}/n}[/tex]

So, we have:

[tex]z = \frac{-778}{\sqrt{11282880}/143}[/tex]

[tex]z = \frac{-778}{3359.0/143}[/tex]

[tex]z = \frac{-778}{23.49}[/tex]

[tex]z = -33.12[/tex]

So:

[tex]P(x < -778) = P(z < -33.12)[/tex]

From z score probability, we have:

[tex]P(x < -778) = 0[/tex]

Multiply (5xy-4)(5xy+4)

Answers

[tex]{25x {}^{2} y}^{2} - 16[/tex]

Presto Corp. had total variable costs of $180,000, total fixed costs of $110,000, and total revenues of $300,000. Compute the required sales in dollars to break even.

Answers

Answer:

$230,000

Step-by-step explanation:

Contribution margin = Sales - Variable costs

=($250,000 - $137,500)

= $112,500

Contribution margin ratio = Contribution margin ÷ Sales

= ($112,500 ÷ $250,000)

= 0.45

Basically

Break-even sales = Fixed expenses ÷ Contribution margin ratio

=($103,500 ÷ 0.45)

= $230,000

The required sales in dollars to break even is $275,000.

Given that, total variable costs of $180,000, total fixed costs of $110,000, and total revenues of $300,000.

What is a total revenue?

Total revenue is the total amount of money a company brings in from selling its goods and services. It determines how well a company is bringing in money from its core operations based on demand and price.

The contribution margin ratio = Contribution margin/Sales revenue

= (300,000 - 180,000 = 120,000)/300,000

= 40%

Break-even point in dollars = Fixed cost/Contribution margin ratio

= 110,000/0.40

= $275,000

Therefore, the required sales in dollars to break even is $275,000.

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If p and q are the roots of 2x²+ 6x = 12 + 4x, and p < q, find q − p​

Answers

Step-by-step explanation:

The given equation can be further simplified into

[tex]2x^{2}+2x-12=0[/tex]

The roots of a quadratic equation is given by

[tex]x = \dfrac{ - b \: \pm \: \sqrt{ {b}^{2} - 4ac} }{2a} [/tex]

where a = 2, b = 2 and c = -12. Putting these into the roots equation, we get

[tex]x = \dfrac{ - 2 \: \pm \: \sqrt{4 \: - \: 4(2)( - 12)} }{2(2)} = \dfrac{ - 2 \: \pm \: 10}{4}[/tex]

This gives us two possible roots:

x = 2, x = -3

Since the condition is that p < q, we see that p = -3 and q = 2. Therefore,

[tex]q - p = 2 - ( - 3) = 5[/tex]

Factor completely 3x2 + 9x − 3.

3(x2 + 3)
3(x2 + 3x − 1)
3x(x2 + 3x − 1)
Prime

Answers

First factor or a 3
3(x^2+3x-1)
Answer=. 3(x2+3x-1)

What is the equation x^2+12x-3=16 written in the form (x-p)^2=q using the method of completing the square ?

Answers

Step-by-step explanation:

[tex] {x}^{2} + 12x - 3 = 16[/tex]

[tex] {x}^{2} + 12x = 19[/tex]

[tex] {x}^{2} + 12x + 36 = 19 + 36[/tex]

[tex](x + 6) {}^{2} = 55[/tex]

find the GCF of 36 and 54

Answers

Answer:

Step-by-step explanation:

The greatest common factor of 36 and 54 is 18. 18×2=36 and 18×3=54.

The probability of rolling a 1 on a 6-sided biased dice is 0.85
The biased dice is rolled twice.
Complete the probability tree diagram.​

Answers

Answer:

Step-by-step explanation:

If the odds of rolling a 1 is .85 the odds of rolling not a one is

1-.85= .15

The Complete probability tree diagram is

First roll have (0.85, 0.15).

Second Roll have (0.85, 0.85, 0.15, 0.15).

What is Probability?

Probability refers to potential. A random event's occurrence is the subject of this area of mathematics.

The range of the value is 0 to 1. Mathematics has incorporated probability to forecast the likelihood of various events.

The degree to which something is likely to happen is basically what probability means.

Given:

The probability of rolling a 1 on a 6-sided biased dice is 0.85.

Now, the probability not rolling 1

= 1- 0.85

= 0.15

So, First roll have (0.85, 0.15).

and, the Second Roll have (0.85, 0.85, 0.15, 0.15).

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the picture
says it
all

Answers

Answer:

B. L BAT = L CAT

Step-by-step explanation:

__________

You are riding your bike and notice the square sign above. You mentally draw a
straight line from point A to C. Describe the angle relationship between /_DCA and
/_BCA.

Answers

Answer: Both angles are equal to 45 degrees

===========================================================

Explanation:

When using the SSS congruence rule, we can prove that triangle DCA is congruent to triangle BCA.

Since the triangles are congruent, the corresponding pieces angle DCA and angle BCA are equal in measure (if they weren't, then the triangles wouldn't be congruent).

Recall that any square has four right angles, ie all angles are 90 degrees each. Angle DCB is cut in half to get 90/2 = 45.

The angles DCA and DCB are 45 degrees each.

Jayden drives 22.5 miles in 30 minutes. If he drove one hour in total at the same rate, how far did he go? Before you try that problem, answer the question below. How many minutes did Jayden drive in total?

how far did he go in minutes?​

Answers

Answer:

45 miles in 1 hour

Step-by-step explanation:

1 hour is 60 minutes

22.5 miles / 30 minutes  * 2/2 = 45 miles / 60 minutes = 45 miles in 1 hour

Answer:

He drove 22.5 miles in 60 min. He drove 45 miles in 1 hour

Step-by-step explanation:

22.5 miles in 30 min

1 hour= 60 min

30+30=60

22.5+22.5=45 miles

Can someone answer with steps and explanation? Thanks.

Answers

Answer:

[tex]x=-16\text{ or } x=7[/tex]

Step-by-step explanation:

Since ΔABC is mapped onto ΔDEF, we can write that:

[tex]\Delta ABC\cong \Delta DE F[/tex]

By CPCTC:

[tex]\angle A\cong \angle D[/tex]

And since ΔABC is isosceles with Vertex C:

[tex]\angle A \cong \angle B[/tex]

We are given that:

[tex]m\angle D=34[/tex]

Hence:

[tex]m\angle A=34=m\angle B[/tex]

We are also given that:

[tex]m\angle C=x^2+9x[/tex]

The interior angles of a triangle must sum to 180°. Thus:

[tex]m\angle A+m\angle B+m\angle C=180[/tex]

Substitute:

[tex](34)+(34)+(x^2+9x)=180[/tex]

Simplify:

[tex]68+x^2+9x=180[/tex]

Isolate the equation:

[tex]x^2+9x-112=0[/tex]

Factor:

[tex](x+16)(x-7)=0[/tex]

Zero Product Property:

[tex]x+16=0\text{ or } x-7=0[/tex]

Solve for each case:

[tex]x=-16\text{ or } x=7[/tex]

Testing the solutions, we can see that both yields C = 112°.

Hence, our solutions are:

[tex]x=-16\text{ or } x=7[/tex]

Here is a trapezium drawn on a centimetre grid (not drawn to scale).

Work out the area of the trapezium, stating the units of your answer.

Answers

Answer:

Step-by-step explanation:

equation

area(base1 + base2)

Question 7(Multiple Choice Worth 1 points)
(02.08 LC)
To follow appropriate safety procedures, what should soccer players wear?
Goggles
Helmets
Mouth pieces
Shin guards

Answers

Answer:

The answer is Mouth pieces

The piece of safety equipment that should be worn when painting a ceiling is safety goggles. The correct option is c.

What are safety goggles?

Safety goggles are worn on the eyes. They are worn to get safety from sun, wind, and dust. If we work in a factory or some mechanical work, then goggles are must save eyes.

Here, we have,

When working with the ceiling, it has a chance to damage your eyes with the plaster and paint, so wearing safety goggles is necessary.

Thus, the correct option is c. safety goggles, in regard to being worn when painting a ceiling.

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Complete question:

Which of these pieces of safety equipment should be worn when painting a ceiling

a knee guards

b helmet

c safety goggles

d mouth guard

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