Adriana opened a savings account and deposited $300.00 as principal. The account earns 6% interest, compounded annually. What is the balance after 9 years? Use the formula A=P1+ r n nt, where A is the balance (final amount), P is the principal (starting amount), r is the interest rate expressed as a decimal, n is the number of times per year that the interest is compounded, and t is the time in years. Round your answer to the nearest cent.

Answers

Answer 1

Answer:

$506.7

Step-by-step explanation:

Step one:

given

Principal = $300

rate= 6% = 0.06

time = 9 years

Required

The final amount A

Step two:

The compound interest formula is

[tex]A= P(1+r)^t\\\\A= P(1+0.06)^9\\\\A= 300(1+0.06)^9\\\\A= 300(1.06)^9\\\\A= 300*1.689\\\\A=506.7[/tex]


Related Questions

Please!!! Help me plzz

Answers

Answer:

i thinks or might be the correct

Answer:

The correct answer is [tex]\frac{or}{and} \\[/tex].

Step-by-step explanation:

Part 1: The sign "<" means "less than." Therefore, "or" makes the most sense because there is only one option if you use this sign:  the number on the left has to be smaller than the number on the right.

Part 2: The sign [tex]\leq[/tex] means "less than or equal to." Therefore, "and" makes the most sense because there are two options if you use this sign: the number on the left can be either smaller than or equal to the number on the right.

Therefore, the correct answer is [tex]\frac{or}{and} \\[/tex].

Hope this helps! :D

The price of silver has increased by 25% per year from 2000. In the year 2000,Harry bought a silver bowl for $170. Write a function F(x) that can be used to represent the price of the bowl in x years after 2000

Answers

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

The price of silver has increased by 25% per year from 2000. In the year 2000, Harry bought a silver bowl for $170.

To calculate the price of the silver bowl after x years, we need to use the following formula:

F(x)= PV*(1+g)^x

F(x)= future value

PV= present value

g= growth rate

x= number of years

For example, we determine the value of the coin after 10 years:

F(x)= 170*(1.25^10)

F(x)= $1,583.25

Answer:

F(x)= 170*(1.25^10)

F(x)= $1,583.25

Step-by-step explanation:

Help plz i need it before 10:30 i! ​

Answers

Answer:

G. 4n-5< -21

Step-by-step explanation:

because....I'm smart

Please help fast! Comment only if you know it’s multiple-choice QUESTION 13 ILL GIVE EXTRA POINTS

Answers

Answer: D) 26.1

Step-by-step explanation:

Work out 4/5 - 1/5 9/11 + 5/11 3/4+ 1/8

Answers

Decimal: 1.17865691489

Fraction: 97/88

Mixed Fraction: 1 9/88

I hope this helps you

Have an awesome weekend :)

Benny wants to buy a new video game that costs $49.95. He already saved $24.65, and his aunt gave him $15 for mowing her lawn. How much more money does Benny need to buy the video game?

Answers

Answer:

$10.30

Step-by-step explanation:

X = 49.95 - (24.65 + 15)

x = 49.95 - 39.65

x =   10.30

on a number line suppose point E has a coordinate of -4, and EG = 13. what are the possible coordinates of point G

Answers

the next to the nearest G of the point

5 +-8f+ -2f + -1 + -8

Answers

Answer:

= −10f − 4

Step-by-step explanation:

In the first round of a card game, Niki scored 20 points. Then, she lost 10 points on one turn and an additional 25 points on her final turn. Part A Choose the number line that shows the change in Niki's score.

Answers

Full question :

Nthe first round of a card game, niki scored 20 points. then, she lost 10 points on one turn and an additional 25 points on her final turn. part a choose the number line that shows the change in niki’s score.

a. number line from -20 to 20. start at -20. count up by 5. 3 arrows are shown above the number line. 1st from 0 to -20, 2nd from -20 to -10 and 3rd from -10 to 15.

b. number line from -20 to 20. start at -20. count up by 5. 3 arrows are shown above the number line. 1st from 20 to 0, 2nd from 0 to -10 and 3rd from -10 to 15.

c. number line from -20 to 20. start at -20. count up by 5. 3 arrows are shown above the number line. 1st from 0 to 20, 2nd from 20 to -5 and 3rd from -5 to 5.

d. number line from -20 to 20. start at -20. count up by 5. 3 arrows are shown above the number line. 1st from 0 to 20, 2nd from 20 to 10 and 3rd from 10 to -15.

part b what is niki’s final score? enter your answer in the box. points

Answer:

d. number line from -20 to 20. start at -20. count up by 5. 3 arrows are shown above the number line. 1st from 0 to 20, 2nd from 20 to 10 and 3rd from 10 to -15.

Step-by-step explanation:

The number line given run from -20 to +20 and so we record Niki's losses and wins using the negative numbers and positive numbers respectively. If Niki wins(scores 20 points) we add, that is a positive number on the number line. If Niki loses(loses 10 and 25 points) we subtract from her positive number using the negative values(points missed) on the number line. If we do this, Niki's value on the number line ends up at -15

To get Niki's final score, we calculate hence

+20-10-25 = -15 points

If 3/4 pound of sugar makes 10 cakes, how much sugar, in pounds, is needed to make 1 cake?

Answers

Answer:

3/40 or 0.075 pounds

Step-by-step explanation:

The circle graph shows the number of cell phones sold at a local store. The darker shaded portion shows the number of cell phones that were sold with an unlimited data plan. A total of 2,712 cell phones were sold. Using the circle graph, approximately how many cell phones were sold with an unlimited data plan?

Answers

Answer:

1,153

Step-by-step explanation:

Find the total cost of a pair of shoes for $57 with a sales tax of 2%

Answers

Answer:

58.14

Step-by-step explanation:

57x.02=1.14

add that to 57 and get 58.14

HELPPP DUE AT 10:45 ???

Answers

i’m not sure what the first part would be but
KLM ~ FGH

How many solutions does this linear system have?
y= 5a-1
-15
3y = 3

Answers

Answer:

The answer would be B one solution

Hope this helps

A linear function is graphed on the grid.
What is the rate of change of y with respect to x?

Answers

Check the picture below.

the slope goes by several names

• average rate of change

• rate of change

• deltaY over deltaX

• Δy over Δx

• rise over run

• gradient

• constant of proportionality

however, is the same cat wearing different costumes.

to get the slope of any straight line, we simply need two points off of it, let's use those in the picture below.

[tex](\stackrel{x_1}{0}~,~\stackrel{y_1}{3})\qquad (\stackrel{x_2}{2}~,~\stackrel{y_2}{-3}) ~\hfill \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{-3}-\stackrel{y1}{3}}}{\underset{run} {\underset{x_2}{2}-\underset{x_1}{0}}} \implies \cfrac{-6}{2}\implies \LARGE \begin{array}{llll} -3 \end{array}[/tex]

2008 = NOOB and 426 = and

Answers

"Hey, Noob is my Line"

- Developer of Robux

Answer:I dont know noobs are noobs

Step-by-step explanation:

In a high school, 28% of the school’s population is seventeen years old. Of the students who are seventeen years old, 44% play a sport. One student at the high school is chosen at random to represent the school at a community event. What is the probability that the selected student will be seventeen years old and not play a sport?

Answers

Answer:

15.68%

Step-by-step

Since 44% of the 28% play sport subtract 44 from 100 to see how many of the 28% do not play sports and you get 56%. So multiply 56% and 28% and you get 15.68%.

How do i multiply and divide fractions? Please explain each( multiply first and then divide)

Answers

Answer:

Multiply=times top then bottom. 1/2*1/3=1*1/2*3=1/6

Divide Fractions=take reciprocal then multiply. 1/2=1/3=1/2*3/1=3/2

Step-by-step explanation:

Not needed

PLEASE HELP ASAP! I WILL DO BRAINLIST! Alan has 9 books, Vadim has 12 books. What is the ratio of the number of books they have altogether to the number of books Vadim has?

Answers

Answer:

21:12

Step-by-step explanation:

Answer:

Alan has 9 books

Vadim has 12

12+9=21

The answer is 21:12

Step-by-step explanation:

Please mark brainlist

The diagram represents an 11 cm by 6 cm rectangle.
11 cm
6 cm
Calculate the perimeter of the rectangle.

Answers

the perimeter is 34cm

g(x)=−4x−4, find g(-2)g(−2)

Answers

Answer:

g(-2) = 4

Step-by-step explanation:

g(x)=−4x−4

Find g(-2)

This means let x = -2

g(-2)=−4(-2)−4

       = 8 -4

       = 4

A tile pattern has 5 tiles in figure 0 and adds 7 tiles in each figure, write a linear equation that represents this pattern

Answers

Answer:

The equation is:

y = 7x + 5

Step-by-step explanation:

Given

Figure 0 = 5 tiles

Figure 1 = 5+7 = 12 tiles

Given that it adds 7 titles in each figure. Thus, the rate of change = 7 tiles

Thus, the equation is:

y = 7x + 5

Here

7 is the rate change or slope of the equation.

VERIFICATION:

setting x = 0 to determine the tiles in figure 0

y = 7x + 5

y = 7(0) + 5

y = 5

Thus, the figure 0 has 5 tiles

setting x = 1 to determine the tiles in figure 1

y = 7x + 5

y = 7(1) + 5

y = 7 + 5

y = 12

Thus, the figure 0 has 12 tiles    (5 plus 7 added)

Linda practiced her free throw shots and missed 26% of her shots. If she
shot the ball 50 times, how many times did she miss? *

Answers

Answer:

13

Step-by-step explanation:

Find 26% of 50 by doing

.26 * 50

resulting in 13

The cost y (in dollars) to rent a pickup truck is proportional to the number x of hours that the pickup truck is rented. It costs $100 to rent the truck for 4 hours. Write an equation that represents the cost to rent a pickup truck for x hours?

Answers

Answer:

Step-by-step explanation:D∧M a\\

Your job is to sort and sack marbles for sale a bag contains 55 marbles some red and some green if there are 11 red marbles what is the ratio of red to green marbles?

Answers

Answer:

1:4

Step-by-step explanation:

There are only two colours available, red and green.  We know that there are 11 red marbles and 55 marbles altogether, so the number of green marbles must be 55 - 11, or 44.  That means that the ratio of red to green marbles is 11:44, or 1:4.

Which of the following does not have the same value as the whole number 4?

3 5/5
1/4
4/1
3 4/4

Answers

The correct answer is 4/1

Answer:

B

Step-by-step explanation:

3 5/5 = 4 because 5/5 is equal to 1, and 3+1 = 4.

1/4 is not equal to 4 because it is equal to 0.25

4/1 = 4 because it is an identity

3 4/4 = 4 because 4/4 is equal to 1, and 3+1 = 4

7 (n + 4) = 21 Plsss HELP NOW I will try to get u brainliest

Answers

Answer:

n = -1

Step-by-step explanation:

please mark me brainliest

Answer:

n = -1

Step-by-step explanation:

7 (n + 4) = 21

28 + 7n = 21

28 + -28 + 7n = 21 - 28

7n = -7

n = -1

Please help! Almost done! thx

Answers

Answer:

c^2 = a^2 + b^2 - 2ab cos(C)

Step-by-step explanation:

The angle at A is named A, the angle at B is named B, and the angle at C is named C

explain the difference in meaning between |-3| and -3

giving brainliest to whoever answers first

Answers

The absolute value of anything is always positive. Absolute value of a positive number is the number.
And absolute value of a negative number is the correspondence of the number.
So
|-3| = +3

13 is no more than 5 less than a number. What is the minimum value of the number?​

Answers

Answer:

18 is the minimum value.

Step-by-step explanation:

Set up an equation:

13 [tex]\leq[/tex] x - 5

Add 5 on both sides to isolate x:

(13) + 5 [tex]\leq[/tex] (x - 5) + 5

18 [tex]\leq[/tex] x

X can be equal to or greater than 18 so the minimum value of the number is 18.

Hope this helps!

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