Matt Ali deposited $25,000 in a savings account. The account earns 5.5 percent interest compounded daily. Use the formula “ Amount of $1.00 at 5.5 Percent compounded Daily”. A). What amount will he have in his account 28 later ? B.) How much will be compound interest ?

Answers

Answer 1

Answer:

A) Amount = $ 116,601.31

B) Compound Interest = $ 91,601.31

Step-by-step explanation:

Compound interest Formula

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

Where

P = Initial amount invested = $25,000

r = interest rate = 5.5 %

n = Compounding frequency = daily

t = time in years = 28 years

A). What amount will he have in his account 28 years later ?

First, convert R percent to r a decimal

r = R/100

r = 5.5%/100

r = 0.055 per year,

Then, solve our equation for A

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

A = 25,000.00(1 + 0.000150685/365)^(365)(28)

A = $ 116,601.31

B.) How much will be compound interest ?

I = Amount - Principal

A(Amount ) = $ 116,601.31

P (principal) = $ 25,000.00

I = $ 116,601.31 - $ 25,000.00

I (interest) = $ 91,601.31


Related Questions

If the simple interest on ​$7,000 for 3 years is ​$1​890, then what is the interest​ rate?

Answers

Answer:

I = Prt

Interest = Principal x rate x time

Step-by-step explanation:

1890 = 7000(3)r

1890 = 21000r

r = 1890/21000

r = .09 or 9%

Which lines are parallel? Check all that apply

A: B||F
B: B||D
C: C||E
D: C||D
E: D||F
F: E||F

Answers

Answer:

Options A, C and D

Step-by-step explanation:

Option A

Angle p = 180° - 89.5° = 90.5° [Linear pair of angles]

If b║f and line a is a transversal line,

m∠p = 90.5° [Alternate exterior angles]

True

Option B

If B║D and line a is a transversal,

m∠q = 89.5° [vertically opposite angles]

∠q + 89.5° = 89.5° + 89.5° = 179°

But angles q and angle with measure 89.5° are the consecutive interior angles and their sum should be 180°.

So the given statement is False.

Option C

c║e

Since, m∠r = 91.5° [Vertically opposite angle]

And m∠r + 89.5° = 180° [Consecutive interior angles]

True.

Option D

c║d

Since, ∠r and ∠q are consecutive interior angles,

m∠r + m∠q = 180°

91.5° + 89.5° = 180°

True

Option E.

d║f

m∠s = 90.5°[Vertically opposite angles]

Since, ∠s and angle with measure 89.5° are the alternate interior angles,

So measure of angle s should be 89.5°.

Therefore, d║f is False.

Option F.

If e║f, angles with measures 89.5° and 90.5° should be equal.

But measures of both are different.

Therefore, e║f is False.

Options A, C and D are the correct options.

can someone help me ​

Answers

Answer:

a: the points graphed would be: (5,4), (3,5), (2,3), (3,6), (1,1)

b: the domain is: 5, 3, 2, 3, 1 and the range is: 4, 5, 3, 6, 1

c: the relation is not a function because some of the x-values are repeated

Step-by-step explanation:

Which of the sets of ordered pairs represents a function? (5 points) A = {(1, −5), (8, −5), (8, 7), (2, 9)} B = {(7, −4), (7, −2), (6, −3), (−9, 5)} Only A Only B Both A and B Neither A nor B

Answers

Answer:

We conclude that Neither A nor B represents the function.

Hence, the correct option is:

Neither A nor B

Step-by-step explanation:

A function relates an input to an output.

For example, a certain animal grows 30 cm each year. Thus, the height of the animal is associated with its age using the function

h (age) = age × 30

Therefore, if the age of the animal is 3 years, the height is:

h(3) = 3 × 10 = 90 cm

Set A

A = {(1, −5), (8, −5), (8, 7), (2, 9)}

Please check that there are duplicated inputs.

i.e. x = 8 is appeared twice.

Thus, set A does not represent the function because the function has repeated inputs or x-values. In other words, each input is not related to exactly one output.

Therefore, the set A of ordered pairs does not represent a function.

Set B

B = {(7, −4), (7, −2), (6, −3), (−9, 5)}

Please check that there are duplicated inputs.

i.e. x = 7 is appeared twice.

Thus, the set B does not represent the function because the function has repeated inputs or x-values. In other words, each input is not related to exactly one output.

Therefore, the set B of ordered pairs also does not represent a function.

Conclusion:

We conclude that Neither A nor B represents the function.

Hence, the correct option is:

Neither A nor B

PLZ HELP 50 POINTS
1. The slopes of the sides of a triangle are 3/4, -1/2, and 2.
Is the triangle a right triangle?
If so, explain how you know that it is a right triangle.

Answers

Answer:

cuz of the 3\4 and the 1\2

Step-by-step explanation:

Can some one help me?

Answers

Answer:

W = 10 cm

Step-by-step explanation:

Area of a Triangle and a Rectangle

The area of a triangle of base B and height H is:

[tex]\displaystyle A_t=\frac{BH}{2}[/tex]

The area of a rectangle of width W and length L is:

[tex]A_r=WL[/tex]

We are given the base of the triangle B=6 cm and the height H=8 cm, thus the area is:

[tex]\displaystyle A_t=\frac{6*8}{2}= 24\ cm^2[/tex]

The area of the rectangle is 5 times the area of the triangle, thus:

[tex]A_r=5*24\ cm^2=120\ cm^2[/tex]

If we know the area of the rectangle and its length, we can find the width by solving for W:

[tex]\displaystyle W=\frac{A_r}{L}[/tex]

The rectangle has a length of L=12 cm, thus:

[tex]\displaystyle W=\frac{120}{12}=10\ cm[/tex]

W = 10 cm

Jared and Mike are racing
to meet at the park which
is 4 miles away from their
house. Jared runs at a rate
of 1 mile every 10 minutes
and Mike runs at a rate of
0.5 miles every 4 minutes.
Who will get there first?

Answers

Mike will get there first with a time of 32 minutes and Jared with 40 minutes

Someone can help me with this?

Answers

Answer:

VUT- FEG

QRS-QGF

Step-by-step explanation:

Round to the nearest percent.
From 13 friends to 19 friends
what is the percent increase?

Answers

Answer: 19

Step-by-step explanation:decrease this is really easy truest me wait actually dine lmoa hahah

88 multiplied by 10000

Answers

Answer:

880,000

I hope this helps!

Answer:

880,000

Step-by-step explanation:

10000 x 88 = 880000

When multiplying by anything with zero's, without decimals. You will multiply your two numbers (other than 0) by each other, then add however many zero's there are total to the end.


The ages of 10 randomly selected students in a piano class are recorded below. 12, 14, 16, 15, 14,
18, 11, 12, 14, 15
What is a good estimate of the average age of all the students in the piano class?
A: 12 years
B: 14 years
C: 18 years
D: 16 years

Answers

Answer:A ..

Step-by-step explanation:

Your best answer would be option B : 14 years

Gas costs $1.64 a gallon. Elaine spent $23.78 at a gas station. How many gallons of gas did she buy? (Tell me how you got the answer)

Answers

Answer:

if the cost on gas is 1.64 you can divide 23.78 by 1.64 which is 14.5

Step-by-step explanation:

23.78 divided by 1.64 =14.5

Answer:

14.45

Step-by-step explanation:

can someone help out​

Answers

Answer: was there a total number of people?

Step-by-step explanation:

Answer:

1720

Step-by-step explanation:

so 45 percent were supporting visiting team

100 is the total

100-45=55

55 percent=people supporting home team

55%=946 people

946/55

17.2=1%

so multiply 17.2 times 45

774 supported visiting team

to find total add 774+946 or multiply 17.2 times 100

1720

solve the folloeing equation for a number x.

5x-x-6=6(2x+7)
plllllzzz help

Answers

Answer:

x=-6

Step-by-step explanation:

5x-x-6=6(2x+7)

4x-6=6(2x+7)

4x-6=12x+42

-8x=48 |:(-8)

x=-6

Help please!!!!ASAP! Ill give brainliest! And 50pts!

What is the value of q?

Answers

It is c hope this helps :)
I got c too, hope it is correct

HURRY PLEASE

Based the equation, what is
the slope
y= 3x+1

Answers

Answer:

3

Step-by-step explanation:

y=mx + b, slope = m.

fatima donates 20000 rs to a school ,the interest on which is to be used for awarding 5 scholarships of equal value every year. If the donater earns an interest of 10% per annum,find the value of each scholarship

Answers

Answer: ₹400

Step-by-step explanation:

The interest is 10% of ₹20,000 which is;

= 10% * 20,000

= ₹2,000

It is to be awarded to 5 scholarships of equal value. Each scholarship is there valued at;

= 2,000/5

= ₹400

Solve each of the following: Show your work. 3 movie tickets cost $36. At this rate, what is the cost per ticket? 3 ice cream cones cost $8.25. At this rate, how much do 2 ice cream cones cost? 3 bananas cost $0.99. At this rate, how much do 5 bananas cost?

Answers

Answer: Look below for the answers

Step-by-step explanation:

unit rates...

MOVIE TICKETS

$36/3=12

$12 for each ticket so

ICE CREAM CONES

$8.25/3=$2.75

$2.75 for each cone so

2 icecream cones cost $5.5

BANANAS

.99/3=.33

.33 for each banana so

.33*5=$1.65

Math Problem:
(PLEASE HELP ME I WILL GIVE BRAINLIEST)

Tammy figured her math exam would be difficult unless she put in at

least 15 hours of study time to prepare. She studied 2½ hours on

Monday, 3 hours on Tuesday, 4¾ hours on Wednesday, and 4 ½

hours on Thursday. Did she study at least 15 hours? Explain.

Answers

Answer: She put 14 hours and 45 minutes into studying.

Step-by-step explanation:  2 1/2 hours plus 4 1/2 hours is 7 hours. Plus 3 is 10 hours. Plus 4 3/4 is 14 3/4 hours. 14 3/4 hours is = to 14 hours 45 minutes studying.

!!!!!HELP ASAP WILL MARK BRAINLIEST IF CORRECT!!!!!!
Salt was mixed with pure water in a 1:3 proportion. What is the percentage of salt in the new solution?

Answers

Answer:

25%

Step-by-step explanation:

The proportion of salt in the mixture is 1:3; which means that for every portion of solution, salt makes up 1 part for every 3 parts of pure water.

Thus, salt makes up 1 part  of every 1+3=4 portions of solution, or 25% ....................

Answer:

25 percent, because 1/4 is 0.25

Identify the description of data that would be best represented by a histogram.
O IQ scores
O hours a store is open each week
o number of trees sold each day
O favorite ice cream

Answers

Number of trees sold each day because you could get different amounts everyday.

here is a polygon. draw a scaled copy of the polygon using a scaled factor or 1/2
tell me the size amount since you cant draw

Answers

Answer:Answer: For the first question it is basically half of the polygon.

Step-by-step explanation:

If you count the units, for example one of the side is 4 units. What is half of 4. It is 2

You are given 3 sticks of length 2 cm, 3 cm and 5 cm. What kind of triangle these sticks would form ? Justify your answer ?

Answers

Answer:

These sticks would for a scalene triangle.

Step-by-step explanation:

This is because none of the lengths are equal

Need help please come help

Answers

Answer:i ate cookies

Step-by-step explanation:

the correct answer is A

How can x + 3 = -2x + 5 be set up as a system of equations? (1 point)
01) y - x + 13
y = -2x + 5
O2) y = x + 3
Y-3x + 11
O3) y = x + 12
y = -2x + 1
O4) y = x + 3
y = -2x + 5

Answers

9514 1404 393

Answer:

4) y = x + 3

   y = -2x + 5

Step-by-step explanation:

Set each side of the equal sign equal to y.

Left side:

  y = x + 3

Right side:

  y = -2x +5

Plz help what is 1 and 2:)!!!

Answers

Ver then Hacer.... hope it helps

Gareth enjoys swimming. The graph represents Gareth’s distance in feet from the bottom of the pool in terms of the time he swims in minutes. What is the rate of change of Gareth’s distance from the bottom of the pool with respect to time, and what is his initial distance from the bottom? A. rate of change = 0 feet per minute, and distance = 0 foot B. rate of change = 12 feet per minute, and distance = 12 feet C. rate of change = 12 feet per minute, and distance = 0 foot D. rate of change = 0 feet per minute, and distance = 12 feet

Answers

Answer:

D.

Step-by-step explanation:

Answer:

its d

Step-by-step explanation:

Choose which postulate proves the triangles congruent.
(please answer for all of them thanks in advance)

Answers

9514 1404 393

Answer:

  ASA, SAS, SSS, SAS, ASA

Step-by-step explanation:

In order of attachments, left to right:

1) ASA . . . . the bisected angles are on either end of the common segment. ∆ABC ≅ ∆ADC

__

2) SAS . . . . the vertical angle lies between the sides congruent by virtue of the midpoint being X. ∆RSX ≅ ∆PQX

__

3) SSS . . . . two sides and the shared segment are congruent. ∆KLM ≅ ∆KGM

__

4) SAS . . . . the parts of the bisected angle lie between the congruent sides and the common side. ∆WXZ ≅ ∆YXZ

__

5) ASA . . . . the common segment lies between parts of a bisected angle and ones that are given as congruent. ∆PQR ≅ ∆SQR

An aquarium has a base in the shape of a trapezoid. The base is 80 cm long at the front, 50 cm long at the back, and 30 cm wide (from front to back). The height is 100 cm. What is the volume of the aquarium in litres?

Answers

Answer:

The volume of the aquarium is 195 litres.

Step-by-step explanation:

The volume ([tex]V[/tex]), measured in cubic centimetres, of the aquarium is equal to the area of the base multiplied by the height. That is:

[tex]V = \frac{1}{2}\cdot (L+l)\cdot w\cdot h[/tex] (1)

Where:

[tex]L[/tex] - Long leg length of the aquarium, measured in centimetres.

[tex]l[/tex] - Short leg length of the aquarium, measured in centimetres.

[tex]w[/tex] - Width of the aquarium, measured in centimetres.

[tex]h[/tex] - Height of the aquarium, measured in centimetres.

If we know that [tex]L = 80\,cm[/tex], [tex]l = 50\,cm[/tex], [tex]w = 30\,cm[/tex] and [tex]h = 100\,cm[/tex], then the volume of the aquarium is:

[tex]V = \frac{1}{2}\cdot (80\,cm+50\,cm)\cdot (30\,cm)\cdot (100\,cm)[/tex]

[tex]V = 195000\,cm^{3}[/tex]

If we know that a litre equals 195000 cubic centimetres, then the volume of the aquarium is:

[tex]V = 195000\,cm^{3}\times \frac{1\,L}{1000\,cm^{3}}[/tex]

[tex]V = 195\,L[/tex]

The volume of the aquarium is 195 litres.

Find the x−and y−intercepts. 3x + 12y = −48

Answers

Answer:

y-intercept: (0,-4)

x-intercept: (-16,0)

Step-by-step explanation:

To solve for X, Substitute 0 for Y and continue.

To solve for Y, Substitute 0 for X and continue.

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