A new bank customer with ​$3,000 wants to open a money market account. The bank is offering a simple interest rate of ​1.9%. a. How much interest will the customer earn in 30 ​years? b. What will the account balance be after 30 ​years?
pls answer fast due in 10 minutes

Answers

Answer 1
a. To calculate the interest earned in 30 years, we can use the simple interest formula:

Simple interest = Principal * Rate * Time

Here, the principal (P) is $3,000, the rate (R) is 1.9%, and the time (T) is 30 years.

Simple interest = $3,000 * 0.019 * 30 = $1,710

Therefore, the customer will earn $1,710 in interest over 30 years.

b. To calculate the account balance after 30 years, we can add the interest earned to the principal:

Account balance = Principal + Interest

Account balance = $3,000 + $1,710 = $4,710

Therefore, the account balance will be $4,710 after 30 years.
Answer 2

a. To calculate the interest earned in 30 years, we can use the simple interest formula:

Simple interest = Principal * Rate * Time

Here, the principal (P) is $3,000, the rate (R) is 1.9%, and the time (T) is 30 years.

Simple interest = $3,000 * 0.019 * 30 = $1,710

Therefore, the customer will earn $1,710 in interest over 30 years.

b. To calculate the account balance after 30 years, we can add the interest earned to the principal:

Account balance = Principal + Interest

Account balance = $3,000 + $1,710 = $4,710

Therefore, the account balance will be $4,710 after 30 years.


Related Questions

Please help! Coins and brainliest!

Answers

Answer:

Step-by-step explanation:

Water is filled to a height of 2.5 m in a container lying at rest on a horizontal surface as shown in the figure. The bottom of the container is square shaped of side  

3

m and its top is open. There is a very small hole in the vertical wall of the container near the bottom. A small cap closes the hole. The hole gets opened when pressure near the bottom becomes more than 4×10

4

 pascal.

a. What minimum acceleration can be given to container in the positive x-direction so that the cap will come out of the hole? Assume water does not spill out of container when the container accelerates.

b. Find the velocity of efflux as soon as the container starts moving with the acceleration calculated in part

Answer: 5 and 1

Step-by-step explanation:

Help Please I don't know what to do.

Answers

Answer:

y=4

y=7 (2,7)

y=10 (3,10)

y=-2 (-1,-2)

Answer:

Attached is the same chart. I inputted the values i the blank spaces

20 pts!! Find the total surface area of this prism.



___ square meters

Answers

Answer:

38m^2

Step-by-step explanation:

We are solving the surface area of a rectangular prism that has been cut in half diagonally.

Our equation for this is
S = 2(lw + lh + wh)
Plug in our info
S = 2(10(1.5) + 10(2) + 1.5(2))
Work inside parentheses
S = 2(15 + 20 + 3)
S = 2(38)
S = 76
Our original surface area would be 76 if this were a regular rectangular prism, but its not! It's cut in half.
So, 76/2 is 38.

In a carnival drawing, a green ticket wins $1, a yellow ticket wins $5, and a blue ticket wins $10. There are 100 green tickets, 25 yellow tickets and 5 blue tickets. In simplest form, what are the odds against winning less than $10?
A. 1:4
B. 1:5
C. 1:10
D. 1:25
(Explaination needed lol)

Answers

Answer:

D

explanation:

add 100 and 25 = 125

you get 5/125

simplify it, you get 1:25

give brainlist if you can, and if it helps

Answer:

1:25

Step-by-step explanation:

Mary got 14 pets on Monday. On Tuesday,She got 32 more. On Wednesday,she got 43 more. On Thursday she got 86666 more. How many pets does she have now?

Answers

Answer:

she has 86755 pets

Step-by-step explanation:

She has 86755 pets now

Which graph represents a proportional relationship?
A)
B)
C)
D)

Answers

Answer:

A

Step-by-step explanation:

Enter a numerical expression for the word expression. The difference between 43 and 24 The numerical expression is?

Answers

Answer:

Step-by-step explanation:

43 - 24

Answer:

43-24=19

Step-by-step explanation:

Difference means subtraction

The table shows the boiling point of several liquids in degrees Fahrenheit (°F) or degrees Celsius (°C). Liquid Boiling Point Aniline 363.8°F Iodine 184.3°C Petroleum 410°F Petrol 95°C The formula F=1.8C+32 can be used to convert between degrees Fahrenheit and degrees Celsius. What is the difference, in degrees Celsius, between petroleum's boiling point and iodine's boiling point?

Someone please help!

Answers

Answer:

25.7C

Step-by-step explanation:

Petrol 410F

Iodine 184.3C

Convert the boiling point of petrol to celcius

Subract 32 from the farenheit reading and multiply by 5/9 to get celcius reading

(410-32) x 5/9 = 210C

210C - 184.3C = 25.7C

HURRY PLEASE WILL GIVE BRAINLIEST!!Tickets at a show were $4 for students and $7 for adults. On the first night, the show sold 578 tickets and collected $3365 in sales.
The equations below a = adult tickets and s = student tickets

4s + 7a = 3365

s + a = 578
How many student tickets were sold? How did you get your answer?

Answers

Step-by-step explanation:

We are given two equations:

4s + 7a = 3365 (equation 1)

s + a = 578 (equation 2)

where s is the number of student tickets sold, a is the number of adult tickets sold, and the numbers are the prices of the tickets.

We want to find the value of s, the number of student tickets sold.

We can use equation 2 to solve for one of the variables in terms of the other. Solving for a, we get:

a = 578 - s

Substituting this into equation 1, we get:

4s + 7(578 - s) = 3365

Expanding and simplifying, we get:

4s + 4046 - 7s = 3365

-3s = -681

s = 227

Therefore, 227 student tickets were sold. We got this answer by first using equation 2 to express one of the variables in terms of the other, and then substituting this expression into equation 1 to obtain a single equation in one variable, which we could solve for s.

HURRY PLEASE WILL GIVE BRAINLIEST!!Tickets at a show were $4 for students and $7 for adults. On the first night, the show sold 578 tickets and collected $3365 in sales.

The equations below a = adult tickets and s = student tickets

What is the rate change of this function

I have an idea of what it is, but I would like to make sure I'm correct.

Answers

Answer:

0.5

Step-by-step explanation:

divide the change in y (output) by the change in x (input)

what is 25/100 plus 1/8

Answers

Answer:

3/8

Step-by-step

Answer:

3/8

Step-by-step explanation:

We can start by simplifying 25/100. We can do this by pulling out common factors (or the GCF) of the numbers.

For 25, the factors are

1, 5, 25

and for 100, they are

1, 2, 4, 5, 10, 20, 25, 50, 100

We can see that 25 is a common factor for each, so we can separate it out:

25(1)/25(4)

1/4

Now we have 1/8. We can find the common denominator by looking at common multiples of each number.

for 4, the denominator of 1/4, we have

4, 8, 12

and for 8, the denominator of 1/8, we have

8, 16, 24

We can see straightaway that 8 is a common multiple between the two, and so we can equalize to that:

1(2)/4(2) + 1/8

2/8 +1/8 = 3/8

If you liked that answer, please mark brainliest!

40 POINTS PLEASE HELP, HURRY

Which graph represents the equation y equals one half times x plus 2?

graph of a line passing through the points negative 2 comma negative 2 and 0 comma negative 1
graph of a line passing through the points negative 2 comma 0 and 0 comma 1
graph of a line passing through the points negative 2 comma negative 3 and 0 comma negative 2
graph of a line passing through the points negative 4 comma 0 and 0 comma 2

Answers

Answer:

Answer: graph of a line passing through the points negative 2 comma 0 and 0 comma 1

Brandon has 6 eggs he needs 2/3 of the eggs to make an omelet how many eggs does he need should your answer be greater than 6 or less than
PLEASE HELP

Answers

He should have 4 eggs.

2/3 times 2/2 is 4/6

So two over three is equal to four over six


Answer:

Step-by-step explanation:

He needs 4 eggs and goodluck!

Whats the surface area of this figure?

Answers

9+9+33+33+33+66+66+55+48+48+88 = 488 in^2

100 POINTS!!! BRAINLYIST 5 question
Javier has a model of a cone with a radius of 3 inches and a height of 10 inches. Javier increased his model’s volume by doubling its radius and height. What is the volume of the larger cone in cubic inches?

Answers

Answer: 113.04 cubic inches!

Step-by-step explanation:

The volume of the larger cone is 113.04 cubic inches. This can be found by using the formula for the volume of a cone: V = (πr2h)/3. Plugging in the new radius (6 inches) and height (20 inches) gives us V = (3.14*62*20)/3 = 113.04.

Ms. Patel is making a long paper chain to hang over the bulletin board in her classroom. She plans to use at least 25 paper strips to make the chain.
Let p represent the number of paper strips that Ms. Patel might use. Which inequality models the story?

Answers

Closed circle on 25 with an arrow to the right
Here is the inequality and number line :)

You found the area of the garden in Part A. Explain briefly, without doing any calculations, how you would find
5/6 of this area.

Answers

Answer:

To find 5/6 of the area of the garden, you would divide the area by 6 and then multiply the result by 5.

Please show work for both questions

Answers

Answer:

13:

28=4(x+3.3)

7=x+3.3

3.7=x

Step-by-step explanation:

14:

The amount of money Tony spent in buying a pack of notebooks is $4.89.

Given the following data:

Cost of calculator = $45.87.

Quantity of notebooks = 3 packs.

Quantity of calculator = 1.

Total cost = $60.54 .

To determine the amount of money Tony spent in buying a pack of notebooks:

n = $4.89.

For 13 just sub in 28 for the x and solve it then times it by 4 because squares are always same size to get the perimeter

What is the volume of a rectangular prism with a length of twenty and one-fourth feet, a width of 14 feet, and a height of 12 feet?

five hundred twenty-six and one-half ft3
1,053 ft3
1,701 ft3
3,402 ft3

PLS ANSWER ASAP

Answers

Answer:  3,402 FT3

Step-by-step explanation:

Volume = length x width x height.

20.25*14*12  = 3402


As for the 20.25 i got it from converting the 20 1/4 to whole number to make it simpiler




ez math

Given the dimensions of rectangular prism as 20.25ft, 12ft, and 14ft the area is given as d) 3402 [tex]ft^3[/tex].

A rectangular prism is a polyhedron with two congruent and parallel bases. It is also called a cuboid. The volume of the cuboid is the product of the three dimensions.

Volume of rectangular prism is given by:

Volume  = length * breadth * height

Given in the question,

volume of rectangular prism = lbh

where,

l = length

b = breadth

h = height

dimensions of rectangular prism are as follows:

length = 20.25ft

breadth = 12ft

height =  14ft

Volume = 20.25 * 12 * 14 = 3402 [tex]ft^3[/tex]

Learn more about rectangular prism here

brainly.com/question/32444543

#SPJ2

PLEASE HURRYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY

Answers

D should be the correct answer :)

The cost of 8 T-shirts and 3 jackets is $135. The cost of 7 T-shirts and 5 jackets is $149.
what is the cost of one T-shirt and one jacket

Answers

Answer:

13

Step-by-step explanation:

A retailer buys an item from a wholesaler and marks up the price by 20%. When time passes and the item is not sold, he discounts the item by 25%. The expression below represents the discounted price of the item.

p+20%p−25%(p+20%p)

Which of the following statements is true?

A: The discounted price is p−25%p, indicating that the retailer will lose 25% of his investment.
B: The discounted price is p−25%p, indicating that the retailer will lose 75% of his investment.
C: The discounted price is p−10%p, indicating that the retailer will lose 10% of his investment.
D: The discounted price is p−10%p, indicating that the retailer will lose 90% of his investment.

Answers

Answer:

dvfn,jhjhmgfgf

Step-by-step explanation:bvcxvbnnbvc

It’s b I answered this not too long ago.

if u have w rizz and a top g please help me with dis

Answers

Answer:

Step-by-step explanation:

1. Break it down by shapes, the first shape and the second shape

          Notice:

The first shape is a rectangle.

The second shape is a longer rectangle.

2.  The area of the first shape is:

          7 x 6 = 42 (ft2)

    The width of the second shape is:

         10 - 6 = 4 (ft)

     The area of the second shape is:

        15 x 4 = 60 (ft2)

       

       

The answer on the bottem of me is certainly correct

Question 11
What kind of correlation can we see in this scatter plot?

Answers

Answer:

Step-by-step explanation:

your mom

Help me please I don't know how to do this!

Answers

Answer:  1,2,3,4 as your paper pices go for each line

Step-by-step explanation:  make sure to look at the whole piece of the paper becuase if you look at the question 1 look at what would make the most since for the match them up and then it makes for since or at least for me

Lalalalalalalalala

Step-by-step explanation:

if you helped me it would be awesome

Answers

Answer:

y = 1.05x

Step-by-step explanation:

y represents the total cost while x represents the quantity so x would be multiplied by the original cost of 1 to find the total cost/y.

Answer:

y=1.05x

Step-by-step explanation:

The equation that represents the total cost, y, of x yogurts at the store is:

y = 1.05x

This is because the cost of one yogurt is $1.05, and the total cost of x yogurts is equal to the cost of one yogurt multiplied by the number of yogurts purchased, which can be expressed as:

y = $1.05x

Therefore, the equation that represents the total cost, y, of x yogurts at the store is y = 1.05x.

I need help i have been stuck on this for a longggg timee

Answers

87.5% because if u divide 200 in half its 100 so if u divide 175 in half its 87.5 i

Answer:

A: is yes he did because he got 87.50% back off the retail price he sold it for
question B:  60%

Step-by-step explanation:

question B: 3 out of 5 is 60% so she made a 60% increase

how do you solve 2cosxarccosdx: (1) 01 + 2 cosx

Answers

2
cos
x
arccos
x
+
2
cos
x
2
c
o
s

a
r
c
c
o
s

+
2
c
o
s

Help me please I don’t understand

Answers

Answer:

B. 960 units²

Step-by-step explanation:

find the area of each surface

the area for a triangle is 1/2(b×h), and there are q triangles here, so just do b×h

y×h = 24×16 = 384

next, find the area of the bottom and sides of the prism.

x×z = 20×9 = 180

180 × 2 = 360

z×y = 9×24 = 216

finally, add all of those together

384+360+216 = 960 units²

The answer is B or 960 units

A net of a rectangular pyramid is shown in the figure.
What is the surface area of the pyramid?

147.2 in2
294.4 in2
73.6 in2
105.2 in2

Answers

Answer:

its A

Step-by-step explanation:

I had the same question and i got it right?

Other Questions
howdoes genome instability contribute to 'evading growth suppressors'and cancer progression. research designdifference between aggregator and database giving 5 exampleseach What is the inheritance of acquired characteristics? How does itwork according to Lamark? What is problematic about it? Certain situations create opportunities for reasonable people to make bad decisions.Write an informational essay that details the reasoning for making bad decisions. (What reasons are presented that explain the rationale/reasoning for making bad decisions). Question 12Section 6-9The theoretical yield of product for a particular reaction is 65.45 g. A very careless student obtained only 21.47 g of product after carrying out this reaction. What is the percent yield that this student obtained? Enter a number only; do not spell Include the correct number of significant figures for your answerAnswer: % yield Find the area of the shaded region Plot and label 4, -3, 1, and their opposites on the number line. Defend your selection for Question 2. Why is your choice not scientifically testable? A data set includes 103 body temperatures of healthy adult humans having a mean of 98.1F and a standard deviation of 0.56F. Construct a 99% confidence interval estimate of the mean body temperature of all healthy humans. What does the sample suggest about the use of 98.6F as the mean body temperature? You are a financial advisor. Each week on Wednesday, you mail out a financial advisory letter to your clients outlining predictions for the coming week. Some of your clients pay an additional fee to receive the letter as a pdf attachment to an email. These clients will get the information 24 to 48 hours before the clients who do not subscribe to this premium service. Is this policy consistent with Standard III (B) Fair Dealing?A.Yes, because it is your information and you may disclose it to whomever you want and however you want.B.No, because you charge the premium candidates more.C.No, because the premium service candidates are treated better than others.D.Yes, so long as you disclose the service to all clients and permit all clients to subscribe to the higher cost service. How pragmatics as an approach in qualitative analysis of a conversation is applied? Please help. Question is above. Solve the system by graphing.y = 2x4x - y = 0 Why wasn't Japan modernized until the Meiji period? Determine if the expression -p^57 is a polynomial or not. If it is a polynomial, statethe type and degree of the polynomial. If h(x)=f(x)g(x)+f(x)/g(x), then find the value of h(5) You are a financial analyst at Bank of America and you have collected following information for Lotus Tech Company. The company has beta of 1.25 and a ROE of 20%. The dividend payout ratio is 50%. Last twelve month earnings were $4 per share. The annual dividend was just paid. The consensus estimate of the coming years market return is 13%, and T-bills currently offer a 5% return.1a. What is the intrinsic value of the stock? (input format: $15.32)1b. What is PVGO? (input format: $15.32)1c. Suppose your research convinces you that company will announce momentarily that it will immediately change its dividend payout ratio to 40%. Find the intrinsic value of the stock. (input format: $15.32) If I do 100 Joules of work to lift my backpack, then half of everything falls out so that I can lift it using half the force, how much work will I do to lift it the same distance? what is the variability of the mean is 14 and the MAD is 3.2? how do i solve it on paper