investing $27,000 in an account paying 7.25% interest compounded quarterly.
What will Jamie's account balance be in 14 years?

Answers

Answer 1

investing $27,000 in an account paying 7.25% interest compounded quarterly.

What will Jamie's account balance be in 14 years?

Answer:

$74,495.30

Answer 2

Jamie's account balance will be $73,828.74 after 14 years.

What is Compound Interest?

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.

Here, Principal = $27,000

         Rate of interest = 7.25% compounded quarterly

                                    = 0.0725/4 = 0.018125 per annum

         Time = 14 years or 56 quarters

Now, A = P(1+i)ⁿ

        A = 27000(1+0.018125)⁵⁶

        A = 27000 X 2.7343

        A = 73828.74

Thus, Jamie's account balance will be $73,828.74 after 14 years.

Learn more about Compound Interest from:

https://brainly.com/question/14295570

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Related Questions

HELP 25 POINTS +BRAINIEST The weight of a substance measures 3 × 10^-3. grams. Express this weight in standard notation.

Answers

Answer:

Scientific notation is a way of writing very large and very small numbers.

A number in scientific notation has the form  

N

×

10

a

, where  

N

is a number between 1 and 10, and  

a

is a positive or negative integer.

To convert to scientific notation, you move the decimal point until the new form is a number between 1 and 10 (

N

) and then record the exponent (

a

) as the number of places the decimal point was moved.

If you move the decimal to the right, the exponent is negative.

Express  

0.000 000 03 g

in scientific notation.

Step 1. Move the decimal place to the right to create a new number between 1 and 10.

This gives  

N

=

3

.

Step 2. Count the number of times you moved the decimal.

You moved the decimal 8 places to the right.

That means the exponent  

a

=

-8

.

Step 3. Write the number in scientific notation.

0.000 000 03 g

=

3

×

10

-8

l

g

Step-by-step explanation:

3 dollars 2 dims 3 pennies

Answers

That all adds up to $3.23 my friend

Answer:3+3+2

Step-by-step explanation:

you first want to add the biggest numbers

3+3=6

and then you add the the least number

3+3+2=8

8 will be the answer

los habitantes de santa Ana quieren pintar las paredes de la iglesia, las cuales ocupan 5 dam² y necesitan dos manos de pintura. la pintura que se utilizará cubre 10 m² de superficie y cuesta $12.000 ¿cuánto cuesta la pintura que se debe comprar?​

Answers

Answer:

25,000

Step-by-step explanation:

the answer is 25,000

How do I Solve 6=18x

Answers

Answer:

1/3

Step-by-step explanation:

6=18x

for x

x=6/18

x=1/3

the volume of the cereal box is 192 and the volume of the shipping box is 51,840. how many cereal boxes can fit in the shipping box?​

Answers

Answer:

270

Step-by-step explanation:

51840/192= 270

Answer:270 i think

hope thatm helps

If you actually know plz give an explanation to the answer so i know you aren't just answering for points, please help this is due before 12:00.

Answers

Answer:

D

Step-by-step explanation:

V_C_C

for the vowel = 2/5

for the consonant = 3/5

for next three picks it should be 2/5 * 3/5 *3/5 = 0.144

Answer:

D

Step-by-step explanation:

Vowel is 2/5 or 40%

Consonant is 3/5 or 60%

VCC is .4 x .6 x .6 = .144

help please! need it asap

Answers

Answer:

[tex]x = 6[/tex]

Step-by-step explanation:

These right triangles are similar due to the Angle Angle Similarity Theorem.

This means their side lengths are proportional

We need to find the corresponding sides of the inner triangle and full right triangle.

7 corresponds with 7 and 3.5

4 corresponds with x.

Set up proportion.

[tex] \frac{4}{7} = \frac{x}{7 + 3.5} [/tex]

[tex] \frac{4}{7} = \frac{x}{10.5} [/tex]

[tex]42 = 7x[/tex]

[tex]x = 6[/tex]

Prove that sin^4x + cos^4x= sinxcosx

Answers

Answer:

(the relation you wrote is not correct, there may be something missing, so I will simplify the initial expression)

Here we have the equation:

[tex]sin^4(x) + cos^4(x)[/tex]

We can rewrite this as:

[tex](sin^2(x))^2 + (cos^2(x))^2[/tex]

Now we can add and subtract cos^2(x)*sin^2(x) to get:

[tex](sin^2(x))^2 + (cos^2(x))^2 + 2*cos^2(x)*sin^2(x) - 2*cos^2(x)*sin^2(x)[/tex]

We can complete squares to get:

[tex](cos^2(x) + sin^2(x))^2 - 2*cos(x)^2*sin(x)^2[/tex]

and we know that:

cos^2(x) + sin^2(x) = 1

then:

[tex]1 - 2*sin(x)^2*cos(x)^2[/tex]

This is the closest expression to what you wrote.

We also know that:

sin(x)*cos(x) = (1/2)*sin(2*x)

If we replace that, we get:

[tex]1 - \frac{sin^2(2*x)}{2}[/tex]

Then the simplification is:

[tex]cos^4(x) + sin^4(x) = 1 - \frac{sin^2(2*x)}{2}[/tex]

Please help!! Prob and stats!!!

Answers

i don’t know sorry use mathaway it’s really good 11

A circle with center P is shown. RS and ST are tangent to circle P. What is the degree measure of angle RST

Answers

Bro I’m rly sorry but I don’t know the answer to this

A student claims that 3√80 is in the simplest radical form. Which statement is true?
A. The claim is correct because 80 is not divisible by three.
B. The claim is correct because 80 is not a perfect cube.
C. The claim is incorrect because 80 has a factor of 4.
D. The claim is incorrect because 80 has a factor of 8.
Don't put a link as the answer.

Answers

Answer:

C)

Step-by-step explanation:

3[tex]\sqrt{80}[/tex] = 3 · [tex]\sqrt{4}[/tex]· [tex]\sqrt{4}[/tex] · [tex]\sqrt{5}[/tex] which simplifies to 12[tex]\sqrt{5}[/tex]

Shelia's measured glucose level one hour after a sugary drink varies according to the normal distribution with μ = 132 mg/dL and σ = 11.3 mg/dL. what is the level L such that there is probability only 0.01 that the mean glucose level of 5 test results falls above L?

Answers

Answer:

134.6

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula. This is X when Z has a p-value of 1-0.01 = 0.99. So it is X when Z = 2.325.

The level is L = 134.6

The Central Limit Theorem estabilishes that, for a random variable X, with mean  and standard deviation, large sample size can be approximated to a normal distribution with a mean and standard deviation

The figure below has a volume of 60 cubic units. How many more cubes will it take to fill the figure?
1 cubic unit

5 cubic units
40 cubic units
55 cubic units
60 cubic units

Answers

Answer:

40 cubic units

Step-by-step explanation:

A special CPI is constructed to measure the variation of these products, so that coffee and bread have a weight of 0.35 of the total and egg, ham and cheese 0.1 of the total. variation of the CPI?

Answers

9514 1404 393

Answer:

  The CPI increased 3.42% in Month 2.

Step-by-step explanation:

In a spreadsheet, the weighted sum is easily computed using the SUMPRODUCT( ) function. It multiplies the corresponding values of two arrays, then returns the sum of those products. If one of the values is a weight, then the result is a weighted sum.

Your CPI is computed as the weighted sum of the prices of the individual products. The percentage change is computed in the usual way:

  pct change = ((new value)/(old value) -1) × 100%

Of course, the spreadsheet can format a fraction as a percentage, so the computation of the change can stop after 1 is subtracted from the ratio.

Digital Plus manufactures cameras. Last year, the company was able to produce 25,000 cameras each month.After introducing a new process for manufacturing this year, the company was able to produce 32,000 cameras each month. By what percent did production increase?​

Answers

Answer:

28%

Step-by-step explanation:

Increase of production:

32000 - 25000 = 7000

Percent increase:

7000/25000 * 100% = 28%

Total increase

32000-250007000

Percentage

7000/25000(100)0.28(100)28%

Plz I need to know this

Answers

it would be a triangular prism

Answer:

triangular prism

Step-by-step explanation:

20 PTS LOOK AT PIC FOR QUESTION WILL MARK BRAINILEST clc

Answers

Answer:

295 square feet

Step-by-step explanation:

Break the figure up into 3 rectangles, and then find the area of each rectangle and add all areas together.

15*3=45

19*10=190

15*4=60

45+190+60=295

Answer:26 *15*4*5*3=23400

Step-by-step explanation: Area is measured in square units such as square inches, square feet or square meters. To find the area of a rectangle, multiply the length by the width. The formula is: A = L * W where A is the area, L is the length, W is the width, and * means multiply.

How many seconds are there in
January?

Answers

Answer: 2,678,400

Step-by-step explanation:

There are 31 days in January and 2,678,400 seconds

Drag these numbers in order, from least (top) to greatest (bottom).


Drag and drop application.








Drag these numbers in order, from least (top) to greatest (bottom).

Answers

Answer:

I can't help you if I don't know the number

What is the correct rule for y, in terms of x?

Answers

Answer:

Step-by-step explanation:

The correct rule for y in terms of x is

y = 3x - 4

we can check even

here when x = 1

y = 3 * 1 - 4 = - 1

similarly

when x = 2

y = 3 * 2 - 4 = 2

and so on you can check.

hope it helps :)

Answer:

the rule is y=3x-4

Step-by-step explanation:

m=y2-y1/x2-x1

m=2--1/2-1

m= 3/1

m=3

general equation of a line,

y=mx+c

if y=3x+c

if x=1 y=-1

-1=3+c

-4=c

therefore y=3x-4

A woman bought a number of items for $72. She realized that if she had bought 12 more items for the same money, she would have paid $8 less per item. How many items did she buy?

Answers

Answer:

Johannes Gutenberg - Wikipediahttps://en.wikipedia.org › wiki › Johannes_Gutenberg

Johannes Gensfleisch zur Laden zum Gutenberg was a German goldsmith, inventor, printer, and publisher who introduced printing to Europe with his ...

Occupation: Engraver, ‎inventor‎, and printer‎

Born: Johannes Gensfleisch zur Laden zum G...

Died: February 3, 1468 (aged about 68); Mainz‎, ...‎

Known for: The invention of the movable-type ...

‎Early life · ‎Printing method with... · ‎Legacy · ‎References

People also askStep-by-step explanation:

please help ill give brainly !! (no links)

Alfred Weagner noticed that the outline of many continents fit together, much like a puzzle leading him to propose the idea of a single super continental. This continental is known as-

A ) Eurasia
B ) Ind-Australia
C ) America
D ) Pangaea

Answers

Answer:

This continental is known as-

D) Pangaea

Answer:

choice D ) Pangaea

Plutonium-240 decays according to the function e(t)=Q e-k where 0 represents the quantity remaining after t years and k is the decay constant, 0.00011... To the nearest 10 years, how long will it take 27 grams of plutonium-240 to decay to 9 grams? A. 1.44 years B. 2,100 years C. 9,990 years D. 18,900 years​

Answers

Answer: 9,990

Step-by-step explanation:

Plz help me well mark brainliest if you are correct!!

Answers

6. There are 30 minutes in half a hour. 30 divided by 5 = 6
There are 6 segments of 5 minutes

4 1/8 take away 1 1/2 mixed numbers

Answers

Answer:

21/8 or 2 3/8

Step-by-step explanation:

33/8 - 3/2

33/8 - 12/8=21/8

hope it helps:)

Find the perimeter of this semi-circle with diameter, d = 52cm.

Answers

Answer:

Perimeter = 133.681 cm

or 52.63 inches.

Step-by-step explanation:

"So, the perimeter of a semicircle is 1/2 (πd) + d or πr + 2r, where r is the radius."

let's use,  πr + 2r

Diameter: 52

Radius: 26 (RAdius is half of the diameter)

πr + 2r (plug in)

pi x 26 + 2(26)

pi x 26 + 52

= 133.681 cm

or

= 52.63

How many lines of symmetry does the figure below have?

Answers

C

Step-by-step explanation:

I got 4 lines of symmetry going horizontal and vertical, and two diagonal

PLS HELP ASAPPP
I really need help

question: write in standard form.

2x^2+x^3-3+4x^5

Answers

Answer:

4x^5 + x^3 + 2x^2 -3

Step-by-step explanation:

Standard form is ( put simply ) the order the numbers are from highest to lowest. So the standard form of the equation would be 4x^5 + x^3 + 2x^2 -3

4x^5 +x^3+2x^2−3

hope this helps!

The simplest form of the expression -2x^2(x-5)+x(2x^2-10x)+x is ?

Answers

the answer would just be x
just “x” :)


hope this helps

Find the measures of the numbered angles in the isosceles trapezoid.

m<1=

Answers

9514 1404 393

Answer:

49°131°131°

Step-by-step explanation:

The base angles are congruent in an isosceles trapezoid.

  ∠1 = 49°

Same-side angles are supplementary in any trapezoid.

  ∠2 = ∠3 = 180° -49°

  ∠2 = ∠3 = 131°

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