The principal amount, $4200, earns 3.6% interest compounded monthly.

a. Write the function that represents the value of the account at any time, t.

b. What will the value be after 10 years?

Answers

Answer 1

Answer:

a)

[tex]A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}[/tex]

b)

The total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 4,200.00 at a rate of 3.6% per year  compounded 12 times per year  over 10 years is $5667.28.

Step-by-step explanation:

a. Write the function that represents the value of the account at any time, t.

The function that represents the value of the account at any time, t

[tex]A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}[/tex]

where

P represents the principal amount

r represents Annual Rate

n represents the number of compounding periods per unit t, at the end of each period

t represents the time Involve

b) What will the value be after 10 years?

Given

The principal amount  P = $4200

Annual Rate r = 3.6% = 3.6/100 = 0.036

Compounded monthly = n = 12

Time Period = t

To Determine:

The total amount A = ?

Using the formula

[tex]A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}[/tex]

substituting the values

[tex]A\:=\:4200\left(1\:+\:\frac{0.003}{12}\right)^{\left(12\right)\left(10\right)}[/tex]

[tex]\:A\:=\:4200\left(1.0025\right)^{120}[/tex]

[tex]A=5667.28[/tex] $

Therefore, the total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 4,200.00 at a rate of 3.6% per year  compounded 12 times per year  over 10 years is $5667.28.


Related Questions

The are 425 apples in basket A and 381 apples in Basket B. How many apples are there in the two baskets?​

Answers

Answer:

There are 806 apples in the combined two baskets.

Step-by-step explanation:

Just add the amount of apples in basket A and B to get the answer.

What is the perimeter of a square with an area of 81 cm??

Answers

Answer:

36 cm

Step-by-step explanation:

Answer:

162

Step-by-step explanation:

81÷2=40.5

40.5×4=162

Use the graph to estimate the solution to the quadratic-linear system

Answers

(-3,-8) because that is where the line intersects with the parabola

6
How many solutions does the system of linear equations represented in the graph below have?
Infinitely many solution
One solution
No Solution
None of the above

Answers

Hello, please before asking the question, put a picture or write the equation, so we will be able to help you!
Thanks in advance!

What is the solution to the system?

Answers

Answer:

(1, 3)

Step-by-step explanation:

The solution to these kinds of graphs is where the 2 lines intersect, in this case they intersect at (1, 3), so (1, 3) is the solution

From looking at a parabola from a graph, I can kinda figure out the vertex form of it, and then factor it out to standard form.
but, in vertex form, which is a(x=h)+k, how do I figure out the a. usually, it's 1, but if it's not, how do i know that by just looking at the graph

Answers

Answer:

mhm

Step-by-step explanation:

Answer:

sure

Step-by-step explanation:

Tell whether the ordered pair is a solution to the inequality.

Answers

Answer:

If an ordered pair is a solution to an inequality, plug it into the inequality and simplify. If you get a true statement, then the ordered pair is a solution to the inequality. If you get a false statement, then the ordered pair is not a solution.

In 5 rounds of a game, Jill scored -3, 8, 9, -7, and 13. What integer represents her average score for 5 rounds? Please answer ASAP!!!

Answers

Answer:

4

Step-by-step explanation:

-3 + 8 + 9 + (-7) + 13 = 20

20/5 = 4

four is what i gotjskajdkajs

I don’t know how to do this I’m so confused

Answers

Answer:

You have to graph it

Step-by-step explanation:

Step-by-step explanation:

take the value in that BIG curly bracket as X terms....then substitute one by one to the equation given below to get Y values...after that u have cordinates then u can draw the graph..

[tex]x \: \: \: y \\ - 2 = - 8 \\ - 1 = - 10 \\ 0 = - 12 \\ 1 = - 14 \\ 2 = - 16[/tex]

this is for the first equation..so the coordinated are...

(-2,-8), (-1,-10), (0,-12), (1,-14), (2,-16)

use the same methord to find the others

Which table of values is correct for the equation
y=-x+3.

Answers

it's the fourth option D

Answer:

The answer is the fourth table

Step-by-step explanation:

In the table -3 gets changed to 3 because of the equation so 3+3=6

0+3=3

3 gets changed to -3 in the equation so -3+3=0

So the answers are  6

                                  3

                                  0


Simplify the expression.
-6q + 7 - 2 + 4q
A: 5 - 2q
B: 2q - 5
C: 5 + 2q
D: 10+2q

Answers

Answer:

c

Step-by-step explanation:

-6q+4q=2q and 7-2=5 so 2q+5

It should be B: 2q - 5 :))

The amount of money in a saving account after t years is represented by the function f(t) = 650(1.027)
What does the value 650 represent in this situation?

The amount of money in the savings account increases by $650 each year.

The amount of money in the savings account is 650 times the amount of the previous year.

The amount of money in the savings account decreases by $650 each year.

The initial amount in the account is $650.​

Answers

Answer: The initial amount in the account is $650.​

Step-by-step explanation:

The formula for compound interest is:

Future value = P * (1 + i)^t

Where,

P = Initial amount

i is the interest rate

t is the time period

The equation in the question takes the same format which means that the $600 is the initial amount in the account. It will then be compounded by the interest rate in the brackets over the amount of years the cash will be in that savings account.

What is the measure of m∠6

Answers

C 118.2 just subtract 61.8 from 180

Answer:

C. 118.2°

Step-by-step explanation:

180-61.8=118.2

Which represents z = 3 (cosine (StartFraction 7 pi Over 6 EndFraction) + I sine (StartFraction 7 pi Over 6 EndFraction) )?

Answers

Answer:

The first one

Step-by-step explanation:

Answer:

A on edge

Step-by-step explanation:

A student draws a quadrilateral that has two sides measuring 5 cm and two sides measuring 8 cm, and the sides opposite to each other are parallel.

Which of the following quadrilaterals could the student have drawn?

Select all that are possible.

A.square
B.rectangle
C.rhombus
D.parallelogram
E.trapezoid

Answers

Answer:

B

Step-by-step explanation:

two sides are longer than the other two, D could also be one of the choices but rectangles have two parallel lines and have shorter sides at the sides

A sequence is defined by the recursive function f(n + 1) = one-halff(n). If f(3) = 9 , what is f(1) ? 1 3 27 81

Answers

Answer:

81

Step-by-step explanation:

The value of f(1) for the recursive function is (d) 81

The recursive function is given as:

[tex]f(n + 1) = \frac 13f(n)[/tex]

Multiply both sides of the equation by 3

[tex]3f(n + 1) = f(n)[/tex]

Rewrite as:

[tex]f(n) = 3f(n + 1)[/tex]

Set n = 2;

[tex]f(2) = 3f(2 + 1)[/tex]

[tex]f(2) = 3f(3)[/tex]

Set n = 1 in [tex]f(n) = 3f(n + 1)[/tex]

[tex]f(1) = 3f(1 + 1)[/tex]

[tex]f(1) = 3f(2)[/tex]

Substitute [tex]f(2) = 3f(3)[/tex]

[tex]f(1) = 3 \times 3f(3)[/tex]

[tex]f(1) = 9f(3)[/tex]

Substitute 9 for f(3)

[tex]f(1) = 9 \times 9[/tex]

[tex]f(1) = 81[/tex]

Hence, the value of f(1) for the recursive function is (d) 81

Read more about recursive functions at:

https://brainly.com/question/1275192

Which number(s) are 6 units from zero on a number line?
0-6
m 12
M6
03
SUBMIT ANSWER
ASK FOR HELP

Answers

Answer:

Josie is training for a race. The ratio of

the number of minutes she runs to the

number of miles she runs is 24 to 3.

She plans to run 10 miles. How many

minutes will it take her?

2 A chef planning for a large banquet

thinks that 2 out of every 5 dinner

guests will order his soup appetizer.

He expects 800 guests at the banquet.

Use equivalent ratios to estimate how

many cups of soup he should prepare.

3 Fred is making a fruit salad. The ratio

of cups of peaches to cups of cherries

is 2 to 3. How many cups of peaches

will Fred need to make 60 cups of

fruit salad?

4 A community garden center hosts a

plant giveaway every spring to help

community members start their

gardens. Last year, the giveaway

supported 50 families by giving away

150 plants. Based on this ratio, how

many plants will the center give away

this year in order to support 65 families?

5 The first week of January, there are

49 dogs and 28 cats in an animal shelter.

Throughout the month, the ratio of dogs

to cats remains the same. The last week

of January, there are 20 cats in the

shelter. How many dogs are there?

6 A wedding planner uses 72 ivy stems

for 18 centerpieces. When she

Step-by-step explanation:

i think

Solve the system of linear equations

Answers

Answer:

I think its (3,2). you find where they meet and that's your answer

1. What are the coordinates of point D?

Answers

Answer:

3,5 or 5,3 i forget i think 5,3

Step-by-step explanation:

Answer:

(5,-3)

Step-by-step explanation:

Reduce a ratio 3/4in: 3/16 ft

Answers

Answer:

4in : 1ft

Step-by-step explanation:

We start with:

3/4 in = 3/16 ft

This means that the length of 3/4 inches is the same as the length of 3/16 feet.

To reduce this, we can start by dividing by 3 in both sides of the equation:

(3/4)/3 in = (3/16)/3 ft

1/4 in = 1/16 ft

Now we can multiply both sides by 16:

16/4 in = 16/16ft

4 in = 1ft

now we reduced the ratio to:

4in : 1ft

PLEASE HELP ME!!!! I WILL GIVE BRAINLIEST!!!!!!
Susan is buying three different colors of tiles for her kitchen floor. She is buying 25 more red tiles than beige tiles, and three times as many navy-blue tiles as beige tiles. If Susan buys 435 tiles altogether, how many tiles of each color does she buy?

Answers

She buy 145 each all you do is divide 435 and 25

Solve the system of equations Algebraically.
x+y=-3
y= x + 3
Find the value of.x, then y. Write your answer as an ordered pair.

Answers

Since y=x+3 (given)
Put value of y in equation x+y=(-3)
x+x+3=(-3)
2x=(-6)
x=(-3)
Put x=(-3) in x+y=(-3)
(-3)+y=(-3)
y=0
So, x=(-3)
y=0

2. What is the value of x in the following figure?
520
A. 38°
B. 52°
C. 128°
D. 1420

Answers

Answer:

38

Step-by-step explanation:

180 - (90 + 52)

180-142= 38

Find g (3) if g(r) = 2r - 1
O 5
07
06
4

Answers

can you send a picpicture if not the.
6

Is 12x^2 a factor of 6x

Answers

Answer: 12x^2 is 144 because 12 times 12 is 144 which means 6 does not include with those so no 6 is not a factor of that

Step-by-step explanation:

f (x) = 4x² -4x

Find f (-7)

Answers

Answer:

f(-7) = 224

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Function Notation

Step-by-step explanation:

Step 1: Define

f(x) = 4x² - 4x

f(-7) is x = -7

Step 2: Evaluate

Substitute in x:                    f(-7) = 4(-7)² - 4(-7)Exponents:                          f(-7) = 4(49) - 4(-7)Multiply:                               f(-7) = 196 + 28Add:                                     f(-7) = 224

ILL MARK AS BRAINLESS

Answers

Answer:

its liter

Step-by-step explanation:

Answer:

it is 1000% Liters

Step-by-step explanation:

plz mark me brainless

i will give you brainiest :)
solve for k
9/10 = 10/k

Answers

Answer:

k = 100/9

Step-by-step explanation:

In this question, we will be solving for "k".

Solve:

9/10 = 10/k

Cross multiply.

(9 · k) = (10 · 10)

9k = 100

Divide both sides by 9

k = 100/9

Your answer would be k = 100/9

♦♦Will mark brainliest♦♦
Anton's family drove 216 mi to the lake averaging 48 ​mi/h​ . On the return trip home they averaged 54 mi/h.

What was the total time that Anton's family spent driving to and from the lake?

8.0 h

8.5 h

9.0 h

9.5 h

Answers

I think the answer is 8.5 h

Answer:

8.5 h

Step-by-step explanation:

55.75

Here are three problems. Select all problems that can be solved using division. Jada cut 4 pieces of ribbon that were equal in length. She used a total of 5 feet of ribbon. How long, in feet, was each piece of ribbon she cut? A chef bought 3 bags of beans. Each bag contains 125 kilograms of beans. How many kilograms of beans did she buy? A printer takes 212 seconds to print a flyer. It took 75 seconds to print a batch of flyers without stopping. How many flyers were in the batch? Andre poured 27 ounces of rice into 6 containers. If all containers have the same amount of rice, how many ounces are in each container? Write an equation to represent the situation. Use a "?" to represent the unknown quantity. Find the unknown quantity. Show your reasoning.

Answers

Answer:

A and C

Step-by-step explanation:

Other Questions
Select the correct answer. Which step in the presidential election process happens first?A. a primary electionB. the popular voteC. the nominating conventionsD. a general election I think of a number. When I add 12 and subtract 8, I get15. What is that number? Write an equation of the line in slope-intercept form given the slope is 2 and the y-intercept is -5. a circle with a radius 3 centimeters is cut from square piece of felt. the side of the felt square are 8 centimeters long. How much felt is left over? use 3.14 for (pie symbol). show your work. Please Answer This is due by tomorrow night and I need help asapsIn which number is the value represented by the digit 9 equal to 1 of the valuerepresented by the digit 9 in the number 73,951? Divide 3.87 x 10 by 6.28 x 10 Express your answer in scientificnotation. Round the coefficient to two decimal places. 25-[20-{10-(7-5-3)}]= 9. What is the value to x in the inequality -4(6 + 5x) - 7 < - 9(2x+ 3) If using the method of completing the square to solve the quadratic equation x^2+8x-4=0 which number would have to be added to "complete the square"?I need the answer ASAP. Please help. Thank you A marble, rolling with speed of 20m/sec rolls off the edge of the table that is 180m high (g=10m/sec2), find time taken to drop to the ground.a. 10secb. 8secc. 6secd. 12sec To decide on criteria for structure strength to avoid damage from earthquakes, engineers look at ________ to determine __________. A.old factors; bridge importanceB. the budget; what they can afford to buildC. historical data; earthquake hazard risksD. future reports; earthquake requirements According to "The Battle of New Orleans " by Jason Wiese, what was Andrew Jackson's reasoning for declaring martial law? Im trying to answer this question Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions. Online Content: Site 1 When doing career research online, you always want to make sure you are viewing a reliable source, what factors about the website do you want to consider? plz help what is the most complex unit of the body Cara and marcus shared a candy bar. The models are shaded to show the fraction of the candy bar each of them ate. What fraction of the candy bar did Cara and Marcus eat altogether? Why is crying believed to be a sign of weakness or shameful? 3-4 sentences please 2. How can where you live affect the amount of available water to use? 1. Add 17.35 g, 25.6 g and 8.498 g. chaper 1 physical quantity 11class .physic Steam Workshop Downloader