How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $12,000 in three​ years?
The amount of money that should be deposited is ​$

Answers

Answer 1

Answer:

To solve this problem, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where A is the amount of money accumulated, P is the principal (initial) amount, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the number of years.

In this problem, we want to find the principal amount P that will accumulate to $12,000 in 3 years at an annual interest rate of 6% compounded monthly. First, we need to convert the annual interest rate to a monthly rate:

r = 0.06/12 = 0.005

Next, we can substitute the given values into the formula and solve for P:

12,000 = P(1 + 0.005/12)^(12*3)

12,000 = P(1.005)^36

P = 12,000/(1.005)^36

P ≈ $9,883.86

Therefore, the amount of money that should be deposited today is approximately $9,883.86.

Step-by-step explanation:


Related Questions

EASY MATH POINTS! Answer from the screenshot :)

Answers

The function that is non-linear is function D.

Which of the functions is non-linear?

A function is linear if its graph is represented by a straight line, and that line is usually written as:

ax + by = c

Where x is the horizontal variable and y the vertical variable.

For example, here we can see that A, B, and C are represented by straight lines, thus, these are linear functions.

But if you look at graph D, you can see that it is not linear, it's shape is like an "M", so that is the non-linear function.

The correct option is D.

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Camille made a quilt for her cousin's doll. The quilt had an 8 × 8 array of different color square patches. If each patch is 2 2/3 in long, what is the area of the whole quilt?

Answers

As a result, the total quilt's area is 512/9 square inches.

What is square used for?

Square offers businesses a range of goods and services to help them complete sales deals, use marketing strategies, and control their finances, inventory, and workforce.

The quilt has an 8 x 8 array of square patches, which means it has a total of 8 x 8 = 64 square patches. Each square patch is 2 2/3 inches long.

To find the area of the whole quilt, we need to find the total area covered by all 64 square patches. We can do this by multiplying the length and width of one square patch by the total number of patches:

Area of one square patch = length x width = (2 2/3 in) x (2 2/3 in) = (8/3 in) x (8/3 in) = 64/9 sq in

Total area of all 64 square patches = (64 patches) x (64/9 sq in per patch) = 512/9 sq in

Therefore, the area of the whole quilt is 512/9 square inches.

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Josiah kept track of how many songs of each genre were played in an hour from his MP3 player. The counts are displayed in the table below. He has a total of 1,500 songs on his player. Josiah predicted the number of rock songs on his MP3 player to be 300 songs. Which statements about his solution are true? Select three choices. Josiah’s Music Sample 1 Sample 2 R & B 5 R & B 4 Pop 4 Pop 3 Classical 3 Classical 5 Jazz 2 Jazz 4 Rock 6 Rock 4 Josiah’s work: StartFraction 10 over 20 EndFraction = StartFraction x over 1,500 EndFraction. StartFraction 10 times 30 over 20 times 30 EndFraction = StartFraction x over 1,500 EndFraction. 300 = x. He should have found the average of the number of rock songs by averaging 4 and 6 to get 5. He did not multiply the numerator and denominator by the correct number to equal 1,500. His answer will be one-half of what he got because he did not divide 10 by 2 when setting up the proportion. He can only solve the proportion by multiplying the numerator and denominator by a common multiple. He should have multiplied the numerator and denominator by 75, not 30, because 20 times 75 = 1,500.

Answers

Step-by-step explanation:

he should have multiplied

Please help me answer the question in the file link

Answers

Answer:

x=65

Step-by-step explanation:

So how I would think the equation would be would be 108 + x = 173. So how I would solve this is subtracting 108 from both sides to get x = 65. There is most likely a different way to set this up but thats what comes to mind with me.

HELP!!!!!! evaluate and fully simplify each of the following

Answers

For function f(x)= -4x²-4x-1,   f(x+h)= -4x² - 8xh - 4h² - 4x - 4h - 1, (f(x+h) - f(x))/h= -8x - 4h - 4

Describe function ?

The input values of a function are called the domain, and the output values are called the range. The domain can be any set of values, but each input value must have a unique corresponding output value. If there are multiple input values that produce the same output value, the function is not considered to be well-defined. Functions are used to model a wide range of phenomena in many different fields, including science, engineering, and economics. They are also used in calculus to study rates of change and slopes of curves.

To find f(x+h), we need to replace x with (x+h) in the given function:

f(x+h) = -4(x+h)² - 4(x+h) - 1

= -4(x² + 2xh + h²) - 4x - 4h - 1

= -4x² - 8xh - 4h² - 4x - 4h - 1

To find (f(x+h) - f(x))/h, we first need to find f(x):

f(x) = -4x² - 4x - 1

Then we can substitute f(x+h) and f(x) in the formula:

(f(x+h) - f(x))/h = (-4x² - 8xh - 4h² - 4x - 4h - 1 - (-4x² - 4x - 1))/h

= (-4x² - 8xh - 4h² - 4x - 4h - 1 + 4x^2 + 4x + 1)/h

= (-8xh - 4h² - 4h)/h

= -8x - 4h - 4

So, f(x+h) = -4x² - 8xh - 4h² - 4x - 4h - 1, and (f(x+h) - f(x))/h = -8x - 4h - 4.

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Keenan jumped 3 times every 18 minutes. At that rate, how many would he jump in 24 minutes?

Answers

Answer:

4 jumps in 24 minutes

Step-by-step explanation:

Rate: 1 jump every 6 minutes

24/6 = 4

y= X b X y C
find the y- intercept and write the slope equation to match slope intercept ​

Answers

The slope of the equation is -2/3 and the y-intercept is 14/3.

What is y-intercept?

A y-intercept is the place where a line or curve crosses, or touches, the y-axis the vertical, often darkened line in the center of a graph.

Since, the equation is not clear, let us consider the equation, 2x+3y = 14

The slope intercept form of a line is given by =

y = mx+c, where m is the slope and the c is the y-intercept.

Converting the assumed equation into slope intercept form,

2x+3y = 14

3y = -2x+14

y = -2x/3+14/3

Here we get the slope = -2/3 and y-intercept = 14/3

Hence, the slope of the equation is -2/3 and the y-intercept is 14/3.

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Create a polygon JKLMNOPQ that is a dilation of polygon ABCDEFGH with a scale factor of 3 about the origin

Answers

The dilated polygon and polygon are created. And the scale factor of the polygon STUVWXYZ to JKLMNOPQ will be 9.

What is dilation?

Dilation is the methodology of expanding the dimensions of an object without impacting its appearance.

The coordinate of the polygon ABCDEFGH is given as,

(3, -3), (4, -4), (5, -3), (8, -6), (10, -4), (9, -3), (8, -4), (5, -1)

a) If the scale factor is 3, then the coordinate of the polygon JKLMNOPQ is given as,

⇒ 3 [(3, -3), (4, -4), (5, -3), (8, -6), (10, -4), (9, -3), (8, -4), (5, -1)]

⇒ (9, -9), (12, -12), (15, -9), (24, -18), (30, -12), (27, -9), (24, -12), (15, -3)

b) If the scale factor is 1/3, then the coordinate of the polygon STUVWXYZ is given as,

⇒ 1/3 x [(3, -3), (4, -4), (5, -3), (8, -6), (10, -4), (9, -3), (8, -4), (5, -1)]

⇒ (1, -1), (4/3, -4/3), (5/3, -1), (8/3, -2), (10/3, -4/3), (3, -1), (8/3, -4/3), (5/3, -1/3)

c) The polygon JKLMNOPQ and STUVWXYZ are similar. Then the scale factor is given as,

Scale factor = 9/1

Scale factor = 9

The diagram is given below.

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I need help! Please include an explanation.

Answers

Measure of angle B is 40 degree

What is circle ?

A circle is a closed two-dimensional figure in which the set of all the points in the plane is equidistant from a given point called “centre”. Every line that passes through the circle forms the line of reflection symmetry. Also, it has rotational symmetry around the centre for every angle.

From the figure,

As △ABC is inscribed in the circle, the points  A , B and C   lie on the circumference of the circle .

As  O  is the center of the circle.

Given , angle (BAC) is 50 degree

We know, a triangle drawn from two ends of a diameter of a circle makes an angle of 90° at the circumference.

so, angle (ACB) is 90 degree

Now, in triangle ABC

[tex]\angle ABC +\angle BCA +\angle BAC =180^0\\[/tex]

[tex]\angle B + 90^0 +50^0 = 180^0\\[/tex]

[tex]\angle B =40^0[/tex]

Hence, [tex]\angle B = 40^0[/tex]

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Martina, Ryan, and Keith sent a total of 77 text messages during the weekend. Ryan sent 7 fewer messages than Martina. Keith sent 2 times as many messages as Martina. How many messages did they each send?

Answers

The number of messages are: Martina sent 21 messages, Ryan sent 14 messages, and Keith sent 42 messages.

Why are unknown values represented using variables when solving problems?

We may build equations that link unknown values in a problem and describe those numbers using variables. We may modify these equations algebraically to get solutions for the unknowable numbers by employing variables. As a result, issue solving is more effective and we can come up with generic answers that may be used in a variety of situations. Moreover, employing variables enables us to see patterns and trends as well as better grasp the connections between various amounts in a situation.

Given that,

Ryan sent 7 fewer messages than Martina.

R = M - 7

Keith sent 2 times as many messages as Martina.

K = 2M

Martina, Ryan, and Keith sent a total of 77 text messages.

M + R + K = 77

Substitute the value of equation 1 and 2 in equation 3:

M + (M - 7) + 2M = 77

4M - 7 = 77

4M = 84

M = 21

Substitute the value of M in equation 1 and equation2:

R = M - 7 = 21 - 7 = 14

K = 2M = 2(21) = 42

Hence, the number of messages are: Martina sent 21 messages, Ryan sent 14 messages, and Keith sent 42 messages.

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55 employees to employees 66​

Answers

The required, there is a 20% increase from 55 employees to 66 employees.

What is the percentage?

The percentage is the ratio of the composition of matter to the overall composition of matter multiplied by 100.

Here,

To calculate the percentage increase from 55 employees to 66 employees, we need to find the difference between the two numbers, divide that difference by the original number, and then multiply by 100 to convert the result to a percentage.

The difference between 66 and 55 is 11.

So, the percentage increase is:

(11/55) x 100% = 20%

Therefore, there is a 20% increase from 55 employees to 66 employees.

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The question seems to be incomplete, the complete question is shown below,
55 employees to employees 66​, calculate the percentage increase?

How many minutes are there in 2 years?​

Answers

Answer:1,051,200 minutes.

Step-by-step explanation:

WHAT TO FIND?

To analyze how many minutes there are in a year will allow us to multiply that number by two to get how many minutes there are in two years.

GIVEN

There are 365 days in a year.

There are 24 hours in a day.

There are 60 minutes in an hour.

SOLUTION

365 days x 24 hours x 60 minutes

= 525, 600 minutes in one year

525, 600 minutes x 2 (year)

= 1, 051, 200 minutes

ANSWER

There are 1, 051, 200 minutes in 2 years.

Hello! 5/6 2/5 in simplest form

Answers

Answer:

Step-by-step explanation:

5/6 - 2/5 = 25/30 - 12/30 = 13/30

Answer:

Step-by-step explanation:

To subtract two fractions, we need a common denominator. The smallest number that 6 and 5 both divide into is 30.

Converting the fractions to have 30 as the denominator, we get:

5/6 = 25/30

2/5 = 12/30

Now we can subtract:

25/30 - 12/30 = 13/30

Therefore, 5/6 - 2/5 = 13/30 in simplest form.

how to find the length of a pond 85 feet across; 1 inch = 4 feet

Answers

Answer:

21.25 inches.

Step-by-step explanation:

I'm guessing that you want to find how many inches a pond is if 1 in. = 4 ft.

To do this, we have to take our feet 85.

Then, we divide by how many feet equals one inch.

85/4 = 21.25 inches.

What are the solutions to the quadratic equation x2 - 10x + 18 = 0

Answers

Answer:

x = 5 + [tex]\sqrt{7}[/tex]

x = 5 - [tex]\sqrt{7}[/tex]

Step-by-step explanation:

The given quadratic equation is:

x^2 - 10x + 18 = 0

We can solve this equation using the quadratic formula, which states that for a quadratic equation of the form ax^2 + bx + c = 0, the solutions for x are given by:

x = (-b ± sqrt(b^2 - 4ac)) / 2a

In this case, a = 1, b = -10, and c = 18. Substituting these values into the quadratic formula, we get:

x = (-(-10) ± sqrt((-10)^2 - 4(1)(18))) / 2(1)

Simplifying the expression inside the square root, we get:

x = (10 ± sqrt(100 - 72)) / 2

x = (10 ± sqrt(28)) / 2

x = (10 ± 2sqrt(7)) / 2

Simplifying further, we get:

x = 5 ± [tex]\sqrt{7}[/tex]

the parallelogram below has an area of 54 units²

Answers

The height of the parallelogram is 5.4 units.

What is area ?

In mathematics, the area is the measure of the size of a two-dimensional surface or region, usually expressed in square units, such as square inches or square meters. The area of a flat shape or planar figure is the amount of space inside its boundary, or the surface of the object, that is covered by a two-dimensional geometric shape.

One way to find the height is to draw a perpendicular line from point B to line segment AD, forming a right triangle. Let's call the length of this perpendicular line h.

Now we can see that the base of the parallelogram is 10 units (from A to D), and the height is h units (from B to the perpendicular line we drew). The area of the parallelogram is given as 54 units², so we can set up the following equation:

Area = base x height

54 = 10h

Solving for h, we get:

h = 54/10 = 5.4

Therefore,  the height of the parallelogram is 5.4 units.

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find area of isosceles triangle when the heights are both 13cm and the base is 10cm.

Answers

13+qogoz=23 the answer 23cm

The diagram shows Triangle ABC. What is the height of Triangle ABC? Show your work.

Answers

The height of Triangle ΔABC is calculated using Pythagoras theorem will be 8 units.

What is a Pythagoras theorem?

The Pythagoras theorem states that the sum of two squares equals the squared of the longest side.

The Pythagoras theorem formula is given as,

H² = P² + B²

The height of Triangle ΔABC is given as,

17² = h² + 15²

289 = h² + 225

h² = 289 - 225

h² = 64

h = 8 units

The height of Triangle ΔABC is calculated using Pythagoras theorem will be 8 units.

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EASY MATH POINTS!
Answer from the screenshot below :)

Answers

For the mapping diagram 1, we have that the domain and the range are given as follows:

The domain is: {10}.The range is: {-8, 2, 1.1}.

It does not represent a function, as the input of 10 is mapped to different outputs.

For the mapping diagram 2, we have that the domain and the range are given as follows:

The domain is: {-8, 2, 1.1}.The range is: {10}.

It represents a function, as each value of the input is mapped to a single output.

How to obtain the domain and the range of the diagram?

The concepts for the domain and the range of the diagram are defined as follows:

Domain: all input values from which an arrow is departing.Range: all output values to which an arrow arrives.

The mapping diagram will represent a function if each value of the input is mapped to a single output.

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scatter plot, label each axis, and choose a
Over the last 8 snowstorms, Julian recorded the amount of
snowfall to the nearest inch and the amount of time it took him
to shovel his driveway. He recorded the data in the table.
Snowfall (in.)
2
5
8
18
10
6
12
14
Time Shoveling
1
2
2
5
3
2
4
4

Answers

Answer:

Have a good day and time and I6ykjjuu7ttggfszd to the 5tjyyv

Solve 9x^2-6x+1=2 using the square root property. Round to the nearest hundredth if necessary.

Answers

[tex]9x^2-6x+1=2 \iff (3x)^2-2(3x)+1=2\\[/tex]

[tex](3x - 1)^2 = 2[/tex]

[tex]3x-1=-\sqrt{2} \iff 3x = 1 - \sqrt{2} \implies x_{1} = \dfrac{1-\sqrt{2} }{3}\\[/tex]

[tex]3x-1=\sqrt{2} \iff 3x = 1 + \sqrt{2} \implies x_{2} = \dfrac{1+\sqrt{2} }{3}\\[/tex]

[tex](-0.14, \ 0.8)[/tex]

[tex]\sqrt{x} +\sqrt{8}=\sqrt{x+8}[/tex]

Answers

The equation [tex]\sqrt{x} +\sqrt{8}=\sqrt{x+8}[/tex] is an example of the square root property. The square root property states that for any real number a, b, and c, if and only if a + b = c. This property can be used to simplify and solve equations involving square roots.

What does square root mean?

The square root of a number is the number that, when multiplied by itself, produces the original number. For instance, the square root of 16 is 4, because 4 multiplied by itself (4 x 4) equals 16.

The equation [tex]\sqrt{x} +\sqrt{8}=\sqrt{x+8}[/tex] is true because it satisfies the square root property. To see this, note that [tex]\sqrt{x} +\sqrt{8}=\sqrt{x+8}[/tex] implies that x+8=x+8, which is true. Therefore, the equation is true.

To solve for x, we will use the square root property. We know that [tex]\sqrt{x} +\sqrt{8}=\sqrt{x+8}[/tex], so we can rewrite the equation as [tex]\sqrt{x} +\sqrt{8}-\sqrt{x+8}=0[/tex]. We can then use the square root property to simplify the equation to [tex]\sqrt{x} -\sqrt{x}=0[/tex], which implies that x=0. Therefore, the solution to the equation [tex]\sqrt{x} +\sqrt{8}=\sqrt{x+8}[/tex] is x=0.

In conclusion, the equation [tex]\sqrt{x} +\sqrt{8}-\sqrt{x+8}=0[/tex] is an example of the square root property, and the solution to the equation is x=0.

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Sven can buy tomatoes for $2.50 a pound at Grandiose Grocers, one block from
his house.
He can get tomatoes for $2.00 a pound at EconoFoods, but he has to spend $3
on bus fare to get there and back.
The graph shows the cost of buying tomatoes from each grocery store.
How should the x-axis be labeled?
The x-axis should be labeled
How should the y-axis be labeled?
The y-axis should be labeled
What does the slope of each line represent?
The slope of each line répresents the
What does the y-intercept of each line represent?
The y-intercept of each line represents the

Answers

The x-axis should be the number of pounds of tomatoes bought.

The y-axis should be the total cost of x pounds of tomatoes.

The slope of each line represents the cost of tomatoes/pound.

The y-intercept of each line represents the bus fare.

What is an equation of the line?

To determine which point would not be found on the line, we can use the slope-intercept form of the equation of a line, which is:

y = mx + b

As per the given data:

Tomatoes from Grandiose Grocers = $2.50/pound

Tomatoes from EconoFoods = $2/pound

Bus fare for EconoFoods = $3

The x-axis should be the number of pounds of tomatoes bought.

The y-axis should be the total cost of x pounds of tomatoes.

For Grandiose Grocers:

y = 2.50x

For EconoFoods:

y = 2x + 3

From comparing with the slope-intercept form of a line, y = mx + c

m(Grandiose Grocers) = 2.50 {cost of tomatoes per pound}

m(EconoFoods) = 2 {cost of tomatoes per pound}

c is the y intercept:

c(Grandiose Grocers) = 0 {bus fare is $0}

c(EconoFoods) = 3 {bus fare is $3}

Hence, The x-axis should be the number of pounds of tomatoes bought.

The y-axis should be the total cost of x pounds of tomatoes. The slope of each line represents the cost of tomatoes/pound. The y-intercept of each line represents the bus fare.

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The number of passes completed by Brett Favre, quarterback for the Green Bay
Packers, was recorded for each of the 16 regular season games in the fall of 2006
(www.espn.com).
15 31 25 22 22 19 17 28
24 5 22 24 22 20 26 21
a. Draw a stem and leaf plot to describe the data.
b. Calculate the mean and standard deviation for Brett Favre’s per game pass
completions.
c. What proportion of the measurements lie within two standard deviations of
the mean?
2

Answers

lケjxㇰウィゥㇰウンrbrフィィウンンrㇰフィcdㇰㇱp

I need help please anyone ?!!!!?

Answers

Answer:

b

Step-by-step explanation:

3 + 3 = 6 lol

6 how many apples


Please help me anyone with this?!!!

Answers

Answer:

B

subtract 20

80,60,40.....

Step-by-step explanation:

it's the arithmetic sequence having difference of 20

Help me, please thank you

Answers

I’m pretty sure it’s two points…

Find the length in each isosceles right triangle.


a. Find the leg if the hypotenuse is 102√



Leg =


b. Find the hypotenuse if the leg is 92√


Hypotenuse =

(33 points)

Answers

The answer of the given question based on the  length in each isosceles right triangle is given below,

What is Isosceles right triangle?

An isosceles right triangle is right triangle in which two legs have the same length, making it isosceles triangle, and one of angles is right angle, making it right triangle.  an isosceles right triangle,  two acute angles are congruent, each measuring 45 degrees, and  hypotenuse is equal in length to legs multiplied by √2.

The isosceles right triangle is special case of  45-45-90 triangle, where  angles measure 45 degrees, 45 degrees, and 90 degrees, respectively. In  45-45-90 triangle, the hypotenuse is equal in length to  legs multiplied by √2.

a. If the hypotenuse is 102√, then each leg is the same length as the hypotenuse divided by √2. Therefore:

Leg = 102√/√2 = 102

b. If one leg is 92√, then the hypotenuse is the length of that leg multiplied by √2. Therefore:

Hypotenuse = 92√ * √2 = 92 * 2 = 184.

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Rewrite as a single logarithm: log 8 + log 3.

Answers

We can rewrite the sum of logarithms as:

log(8) + log(3) =  log(24)

How to write this a single logarithm?

Remember that if we have two logarithms of the same base, then we can write:

log(a) + log(b) = log(a*b)

Here the base of the logarithms is the same, then we can use that rule, we can rewrite the given sum as:

log(8) + log(3) = log(8*3) = log(24)

That is the expression rewritten as a single logarithm.

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Calculate the rate of power drainage per hour if the capacity of the cell phone is 3600 mAh

Answers

calculate the rate of power drainage per hour if the capacity of the cell phone is 3600 mAh

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