A manufacturing company is expected to pay a dividend of br. 1.25 per share at the end of the year (D1=br.1.25). The stock sells for br. 32.50 per share and its required rate of return is 10.5%. The dividend is expected to grow at some constant rate forever. What is the growth rate

Answers

Answer 1

Answer:

the equilibrium expected growth rate is 6.65%

Step by step Explanation:

We were given stock sold per share of $32.50

Dividend per share =$1.25

Required Return rate = 10.5%

Then we can calculate Percentage of Dividend for share as;

dividend of br. 1.25 per share at the end of the year (D1=br.1.25)

= 1.25×100= 125

Let the dividend percentage = y

stock sold per share × y= 125

125= 32.50y

y = 125/32.50

y= 3.85

y= 3.85*100%

Then the Dividend percentage = 3.85%

Growth rate=(required rate of return -Dividend percentage)

= 10.5 - 3.85 = 6.65

Therefore, the equilibrium expected growth rate is 6.65%


Related Questions

4.
Aliyah, Brenda and Candy share a sum of money in the ratio of 3:5:6. After
Candy gives $100 to Aliyah and $50 to Brenda, the ratio becomes 2 : 3:3.
(a) Suppose Aliyah has $3x at the start, express Candy's initial sum of money in
terms of x.
(b) Find the value of x.
(c) Hence, how much money does Brenda have in the end?

Answers

Answer:

(a) Candy's initial sum as a terms of x is $6x

(b) x = $60

(c) $350

Step-by-step explanation:

The given parameters are;

The ratio in which Aliyah, Brenda and Candy share the sum of money = 3:5:6

The amount Candy later gives Aliyah = $100

The amount Candy later gives Brenda = $50

The new ratio of the sum of the shared money between Aliyah, Brenda and Candy = 2:3:3

(a) Whereby Aliyah has $3x at the start, we have;

Total sum of mony = Y

Amount of Aliyah's initial share = Y × 3/(3 + 5 + 6) = Y×3/14

Therefore, Y×3/14 = $3x

x = Y×3/14 ÷ 3 = Y/14

Amount of Candy's initial share = Y × 6/14

Therefore Candy's initial sum as a terms of x = $6x

(b) Given that Aliyah's and Candy's initial sum as a function of x are   $3x and $6x, therefore, in the ratio 3:5:6, Brenda's  initial sum as a function of x = $5x

Which gives;

Total amount of money = $14x

With

6x - 150, 3x + 100, and 5x + 50, the ratio =is 2:3:3

Therefore, we have;

14·x × 2/(2 + 3 + 3) = (6·x - 150)

14·x × 2/(8) = (6·x - 150)

14·x × 1/4 = (6·x - 150)

7·x/2 = (6·x - 150)

12·x - 300 = 7·x

12·x - 7·x = 300

5·x = 300

x = $60

(b) The final amount of money with Brenda = 5x + 50 = 5 × 60 + 50 = $350

The final amount of money with Brenda = $350.

What is 12.5% of 72

Answers

Answer:

[tex]\boxed{9}[/tex]

Step-by-step explanation:

[tex]\sf of \ refers \ to \ multiplication.[/tex]

[tex]12.5\% \times 72[/tex]

[tex]\frac{12.5}{100} \times 72[/tex]

[tex]\sf Multiply.[/tex]

[tex]\frac{900}{100} =9[/tex]

Can someone please tell me how to solve this problem??!! I literally have to go back in math if I don’t pass this HELP!!

Answers

Answer:

          D.   270° < φ < 360°

Step-by-step explanation:

Imagine coordinate system

I quarter is where x>0 and y>0  {right top} and it is (0°,90°)

II quarter is where x<0 and y>0  {left top} and it is (90°,180°)

III quarter is where x<0 and y<0  {left bottom} and it is (180°,270°)

IV quarter is where x>0 and y<0  {right bottom} and it is (270°,360°)

Now, we have an angle wich vertex is point (0,0) and one of its sides is X-axis and the second lay at one of the quarters.

For the trig functons of an angle created by this second side always are true:

In first quarter all functions are >0

in second one only sine

in third one: tangent and cotangent

and in fourth one: cosine

{You can check this by selecting any point on the second side of angle and put it's coordinates to formulas of these functions:

[tex]\sin \phi=\dfrac y{\sqrt{x^2+y^2}}\,,\quad \cos \phi=\dfrac x{\sqrt{x^2+y^2}}\,,\quad \tan\phi=\dfrac yx\,,\quad \cot\phi=\dfrac xy[/tex]  }

So:

sinφ<0  ⇒ III or IV quarter

tanφ<0  ⇒ I or IV quarter

IV quarter  ⇒  φ ∈ (270°, 360°)

4x
5.
If 7:5 = (x + 2y): (x - y), find the value of
5y

Answers

Answer:

5/2 OR 2.5

Step-by-step explanation:

( x + 2y ) = 7 , ( x - 2y ) = 5

x = 7 - 2y , x = 5 + 2y

substitute the two eqns together:

7 - 2y = 5 + 2y

7 - 5 = 2y + 2y

2 = 4y

y = 1/2

when y = 1/2 ,

5y = 5(1/2)

= 5/2 OR 2.5

find the multiplicative inverse of 3 by 4 minus 5 by 7​

Answers

Answer:

28

Step-by-step explanation:

[tex]\frac{3}{4}-\frac{5}{7}[/tex]

Least Common Denominator of 4 & 7 is 4 * 7 = 28

[tex]\frac{3}{4}-\frac{5}{7}=\frac{3*7}{4*7}-\frac{5*4}{7*4}\\\\\\=\frac{21}{28}-\frac{20}{28}\\\\\\=\frac{21-20}{28}\\\\\\=\frac{1}{28}[/tex]

Multiplicative inverse of [tex]\frac{1}{28}[/tex] is [tex]\frac{28}{1} = 28[/tex]

Yup it equals 28 fir this one

URGENT PLZ HELP THANK YOU!

Answers

Answer:

[tex](-5)^{11}[/tex]

Step-by-step explanation:

We can use the exponent rules. If we have [tex]\frac{a^b}{a^c}[/tex], then it will simplify to [tex]a^{b-c}[/tex].

b is 5, c is -6, and a is -5 so:

[tex]-5^{5-(-6)}\\-5^{11}[/tex]

Hope this helped!

At the Olympic games, many events have several rounds of competition. One of these events is the men's 100 100100-meter backstroke. The upper dot plot shows the times (in seconds) of the top 8 88 finishers in the final round of the 2012 20122012 Olympics. The lower dot plot shows the times of the same 8 88 swimmers, but in the semifinal round. Which pieces of information can be gathered from these dot plots? (Remember that lower swim times are faster.) Choose all answers that apply: Choose all answers that apply:

Answers

Answer:

The center of the semifinal round distribution is greater than the center of final round distribution.

The variability in the semifinal round distribution is less than variability in the final round distribution.

Step-by-step explanation:

The mean value of each distribution set is not calculates as the center of semifinal round distribution is greater than the final round distribution. MAD Mean Absolute Deviation is calculated from the dotted graph plot, the distribution of semifinal round is less spread out than the final round distribution.

Answer:

correct answer is None of the above i understood nothing the other person was trying to say...

Step-by-step explanation:

mark me brainliest please...

Please solve (will make brainiest)

Answers

Answer:

1a) 1/64

1b) 1/169

1c) 1/9

Step-by-step explanation:

You have to apply Indices Law :

[tex] {a}^{ - n} = \frac{1}{ {a}^{n} } [/tex]

Question A,

[tex] {4}^{ - 3} = \frac{1}{ {4}^{3} } = \frac{1}{64} [/tex]

Question B,

[tex] {13}^{ - 2} = \frac{1}{ {13}^{2} } = \frac{1}{169} [/tex]

Question C,

[tex] {( - 3)}^{ - 2} = {( - \frac{1}{3}) }^{2} = \frac{1}{9} [/tex]

Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar. Stacy goes to the county fair with her friends. The total cost of ride tickets is given by the equation c = 3.5t, where c is the total cost of tickets and t is the number of tickets. If Stacy bought 15 tickets, she would spend $

Answers

Answer:

$52.2

Step-by-step explanation:

Given her total cost of ride tickets modeled by the equation c = 3.5t where c is the total cost of tickets and t is the number of tickets, If Stacy bought 15 tickets, to know the amount she would spend on 15 tickets, we will substitute t = 15 into the modeled equation as shown;

[tex]c = 3.5t\\when t = 15\\\\c = 3.5(15)\\\\c = \frac{35}{10} * 15\\ \\c = \frac{5*7}{5*2} * 15\\\\[/tex]

[tex]c = \frac{7}{2} * 15\\ \\c = \frac{105}{2}\\ \\c = \ 52.2[/tex]

Hence Stacy would spend $52.2 on 15 tickets

Answer:

I hope this helps!

Step-by-step explanation:

1: The best statement for reason 6 of this proof is -∠A ≅ ∠C
-∠B ≅ ∠D
-∠B and ∠D are supplements
-∠B ≅ ∠B

2.The best reason for statements 3.5. and 7 in this proof is
- Alternate interior angles are congruent.
-Corresponding angles are congruent.
-Alternate exterior angles are congruent.
-Interior angles on the same sides of a transversal are supplements.

3. The best statement for reason 8 of this proof is
-∠B ≅ ∠B -∠A and ∠C are supplements.
-∠B ≅ ∠D
-∠A ≅ ∠C

Answers

Answer:

1) -∠B ≅ ∠D

2) -Interior angles on the same side of a transversal are supplementary

3) -∠A ≅ ∠C

Step-by-step explanation:

1) Given that ∠A and ∠B are supplements and ∠A and ∠D are supplements, we have; ∠B ≅ ∠D

2)  Given that ABCD is a parallelogram, therefore ∠A and ∠B,  ∠A and ∠D and ∠B and ∠C  are interior angles on the same side of a transversal and are therefore supplementary

3) Given that ∠A and ∠B and ∠B and ∠C are supplementary, therefore, ∠A ≅ ∠C.

. Find two polynomial expressions whose quotient, when simplified, is 1/x . Use that division problem to determine whether polynomials are closed under division.

Answers

Answer:

The two polynomials are:

(x + 1) and (x² + x)

Step-by-step explanation:

A polynomial is simply an expression which consists of variables & coefficients involving only the operations of addition, subtraction, multiplication, and non - negative integer exponents of variables.

Now, 1 and x are both polynomials. Thus; 1/x is already a quotient of a polynomial.

Now, to get two polynomial expressions whose quotient, when simplified, is 1/x, we will just multiply the numerator and denominator by the same polynomial to get more quotients.

So,

Let's multiply both numerator and denominator by (x + 1) to get;

(x + 1)/(x(x + 1))

This gives; (x + 1)/(x² + x)

Now, 1 and x are both polynomials but the expression "1/x" is not a polynomial but a quotient and thus polynomials are not closed under division.

If the initial amount of iodine-131 is 537 grams , how much is left after 10 days?

Answers

Answer:

225.78 grams

Step-by-step explanation:

To solve this question, we would be using the formula

P(t) = Po × 2^t/n

Where P(t) = Remaining amount after r hours

Po = Initial amount

t = Time

In the question,

Where P(t) = Remaining amount after r hours = unknown

Po = Initial amount = 537

t = Time = 10 days

P(t) = 537 × 2^(10/)

P(t) = 225.78 grams

Therefore, the amount of iodine-131 left after 10 days = 225.78 grams

what is the sum of the interior angles of a regular hexagon ​

Answers

Answer:

see below

Step-by-step explanation:

The sum of the interior angles of any polygon can be found with the formula 180(n - 2) where n = number of sides. In this case, n = 6 so the answer is 180(6 - 2) = 180 * 4 = 720°.

Answer:

The sum of the interior angles of a regular hexagon is 720°

Step-by-step explanation:

As we know that the sum of interior angle is 180(n-2). So the number of sides of hexagon is 6. Now, 180(6-2)=180*4=720°

I answered all my work correctly but I don’t understand this one.

Answers

Take your x values in each coordinate and subtract 2, and take your y values and subtract 1.

Q (0-2), (-1-1)
= (-2,-2)

D (-2-2), (2-1)
= (-4, 1)

V (2-2), (4-1)
= (0,3)

J (3-2), (0-1)
= (1,-1)

You can also draw it on a graph and then translate all coordinates 2 units left and 1 down to see the end results.

Find the value of x. Round to the nearest tenth.Find the value of x. Round to the nearest tenth.

Answers

Answer:

x = 55.6

Step-by-step explanation:

In order to find the value of x we use sine

sin ∅ = opposite / hypotenuse

From the question

x is the hypotenuse

the opposite is 19

So we have

sin 20 = 19/x

x = 19/sin 20

x = 55.55

We have the final answer as

x = 55.6 to the nearest tenth

Hope this helps you

Answer:

x = 55.6

Step-by-step explanation:

8 kids bought a 3 cakes. How many equal parts will need to divide it so that everyone can have it. Easy one! ​

Answers

Answer:

3/8 is your answer.

Step-by-step explanation:

Given:

8 kids bought a 3 cakes.

Required:

How many equal parts will need to divide it so that everyone can have it.

Solution:

3/8

Hope this helps ;) ❤❤❤

it would be 3/8! hope you found this helpful!

All the edges of a cube have the same length. Tony claims that the formula SA = 6s, where s is the length of
each side of the cube, can be used to calculate the surface area of a cube.
a. Draw the net of a cube to determine if Tony's formula is correct.
b. Why does this formula work for cubes?
Frances believes this formula can be applied to calculate the surface area of any rectangular prism. Is
she correct? Why or why not?
d. Using the dimensions of Length, Width and Height, create a formula that could be used to calculate the
surface area of any rectangular prism, and prove your formula by calculating the surface area of a
rectangular prism with dimensions L = 5m, W = 6m and H=8m.

Answers

Answer:

Here's what I get  

Step-by-step explanation:

a. Net of a cube

Fig. 1 is the net of a cube  

b. Does the formula work?

Tony's formula works if you ignore dimensions.

There are six squares in the net of a cube.

If each side has a unit length s, the total area of the cube is 6s.

c. Will the formula work for any rectangular prism?

No, because a rectangular prism has sides of three different lengths — l, w, and h — as in Fig. 2.

d. Area of a rectangular prism

A rectangular prism has six faces.

A top (T) and a bottom (b) — A = 2×l×w

A left (L) and a right (R)    —   A = 2×l×h

A front (F) and a back (B) —   A = 2×w×h

                                  Total area = 2lw + 2lh + 2wh

If l = 5 m, w = 6 m and h = 8 m,

[tex]\begin{array}{rl}A &=& \text{2$\times$ 5 m $\times$ 6 m + 2$\times$ 5 m $\times$ 8 m + 2 $\times$ 6 m $\times$ 8 m}\\&=& \text{60 m}^{2} + \text{80 m}^{2} + \text{96 m}^{2}\\&=& \textbf{236 m}^{2}\\\end{array}[/tex]

Reduce 5/15 to its lowest terms

Answers

Answer:

The answer is 1/3

Answer:

1/3

Step-by-step explanation:

The factors of 5 are 1,5;

* The factors of 15 are 1,3,5,15.

We can see that the GCD is 5 because it is the largest number by which 5 y 15 can be divided without leaving any residue.

To reduce this fraction, simply divide the numerator and denominator by 5 (the GCF).

So, 5 /15

= 5÷5 /15÷5

= 1 /3

Two buildings are 12m apart on the same horizontal level. From the top of the taller building, the angle of depression of the bottom of the shorter building is 48degrees and from the bottom, the angle of of elevation of the top of the shorter building is 36 degrees. Calculate the difference in the heights of the buildings

Answers

Answer:

4.61 m

Step-by-step explanation:

The angle of depression of the bottom of the shorter building from the top of the taller building = 48° equals the angle of elevation of the top of the taller building from the bottom of the shorter building

Using trig ratios

tan48° = H/d where H = height of taller building and d = their distance apart = 12 m

H = dtan48° = 12tan48° = 13.33 m

Also, the angle of elevation of the top of the shorter building from the bottom of the taller building is 36°

Using trig ratios

tan36° = h/d where h = height of shorter building

h =dtan36° = 12tan36° = 8.72 m

Now, the difference in height of the buildings is thus H - h = 13.33 m - 8.72 m = 4.61 m

What’s is the greatest common factor of 100x^2 - 250xy + 75x

Answers

Answer:

The greatest common factor of the expression is 25x

Step-by-step explanation:

Here, we are interested in giving the greatest common factor of the expression.

We can do this by factorization till we have no common factors left.

the expression is;

100x^2 -250xy + 75x

we start with the common factor x;

x(100x -250y + 75)

The next thing to do here is to find the greatest common factor of 100,250 and 75.

The greatest common factor here is 25.

Thus, we have;

25x(4x -10y + 3)

There is no more factor to get from the terms in the bracket. This simply means that the terms in the bracket are no longer factorizable

So the greatest common factor we have is 25x

I NEED YOUR HELP PLS

Answers

Answer:

For question 1 you can try dividing each of the value

For instance, you can divide 9 by 25 and see if you get a nice number

e.g. 1/8=0.125, numbers like these

For the second question, you can find the fraction by dividing 1000 starting with the decimal points

e.g 0.650, you would be plotting 650/1000 and you would simplify the fraction to the lowest value any value above the decimal point you can multiply by the denominator and add the nominator value to get your final answer.

Step-by-step explanation:

Answer:

Write the denominator in its prime factors. If the prime factorization of the denominator of a fraction has only factors of 2 and factors of 5, the decimal expression terminates.  If there is any prime factor in the denominator other than 2 or 5, then the decimal expression repeats.

example: 9/25

25 = 5*5, so it will be terminating

example: 7/12

12 = 3*2*2, which contains a 3, so it will be repeating.

|3x–1|=8 please help!!!!!

Answers

Answer: -3

Add 1 to both sides

[tex]3x-1+1=8+1[/tex]

[tex]3x=9[/tex]

Divide both sides by 3

[tex]3x/3=9/3\\x=3[/tex]

The width of a rectangle measures (6.8d-4.2)(6.8d−4.2) centimeters, and its length measures (9.2d+8.7)(9.2d+8.7) centimeters. Which expression represents the perimeter, in centimeters, of the rectangle?

Answers

Answer:

The perimeter of the rectangle is represented by [tex]p = 32\cdot d + 9[/tex], measured in centimeters.

Step-by-step explanation:

The perimeter ([tex]p[/tex]) of a rectangle, measured in centimeters, is represented by this formula:

[tex]p = 2\cdot (w+l)[/tex]

Where [tex]w[/tex] and [tex]l[/tex] are width and length, measured in centimeters.

If [tex]w = 6.8\cdot d-4.2[/tex] and [tex]l = 9.2\cdot d+8.7[/tex], the expression that represents the perimeter is:

[tex]p = 2\cdot (16\cdot d +4.5)[/tex]

[tex]p = 32\cdot d + 9[/tex]

The perimeter of the rectangle is represented by [tex]p = 32\cdot d + 9[/tex], measured in centimeters.

1.Solve by factorization method: x+1/x=11 1/11 2.Comment on the nature of roots for 4x^2-5=2(〖x+1)〗^2-7 plz, help...

Answers

Answer:

The equation

[tex]4\,x^2-5=2\,(x+1)^2-7[/tex]

can be solved by first expanding all indicated operations, and later when the constant terms disappear, by factoring out 2x , leaving the equation as a product of two factors equal zero, from which it is easy to extract the roots. See below.

Step-by-step explanation:

When solving for x in the following expression, and using factoring to apply at the end the zero product theorem:

[tex]4\,x^2-5=2\,(x+1)^2-7\\4\,x^2-5=2\,(x^2+2x+1)-7\\4\,x^2-5=2\,x^2+4\,x+2-7\\4\,x^2-5=2\.x^2+4\,x-5\\4\,x^2=2\,x^2+4\,x\\4\,x^2-2\,x^2-4\,x=0\\2\,x^2-4\,x=0\\2\,x\,(x-2)=0[/tex]

We observe that for the last product, to get a zero, x has to be zero (making the first factor zero), or x has to be "2" making the binomial factor zero.

There are 9 classes of 25 students each, 4 teachers, and two times as many chaperones as teachers.
Each bus holds a total of 45 people.
What is the least number of buses needed for the field trip?

Answers

5 buses is the answer pls mark me brainliest

Least number of bus require for trip = 5 buses

What is Unitary method?

It is a method where we find the value of a single unit from the value of multiple units and the value of multiple units from the value of a single unit.

Steps to Use Unitary Method

First, let us make a note of the information we have. There are 5 ice-creams. 5 ice-creams cost $125.

Step 1: Let’s find the cost of 1 ice cream. In order to do that, divide the total cost of ice-creams by the total number of ice-creams. The cost of 1 ice-cream = Total cost of ice-creams/Total number of ice-creams = 125/5 = 25. Therefore, the cost of 1 ice cream is $25.

Step 2: To find the cost of 3 ice-creams, multiply the cost of 1 ice cream by the number of ice-creams. The cost of 3 ice-creams is cost of 1 ice-cream × number of ice-creams = 25 × 3 = $75. Finally, we have the cost of 3 ice-creams i.e. $75.

Given:

Total number of classes = 9

Number of student in each class = 25

Number of teacher = 4

Number of chaperones = Double of teacher

Bus hold = 45 people

Now,

Total number of student = 9 × 25

                                         = 225

Number of chaperones = 4 × 2

                                         = 8

Total people = 225 + 8 + 4

                     = 237

Least number of bus require for trip = Total people / Bus hold

= 237 / 45

= 5.266

Learn more about unitary method here:

https://brainly.com/question/22056199

#SPJ2

pls help with sum geometry

Answers

YES! quite easily.

I hope you can see the two pairs of corresponding angles between the parallel lines. they'll be equal

and then there's a pair of vertically opposite angle at centre.

that means all pairs of corresponding angles are equal, thus, triangles are similar by AAA

Answer:

[tex]\Large \boxed{\mathrm{D}}[/tex]

Step-by-step explanation:

The triangles can be proven by AA or Angle-Angle similarity.

[tex]\angle QUR \cong \angle TUS[/tex]

The vertical angles are congruent.

[tex]\angle R \cong \angle S[/tex]

The alternate interior angles are congruent.

Which polynomial is a factor of both expressions? x – 8 x + 7 x – 2 (x – 2)2

Answers

Answer:

C. x-2

Step-by-step explanation:

edge

Answer: the 3rd the answer c

x-2

Step-by-step explanation:

LCM of x<sup>2</sup>+5x+6 and x<sup>2</sup>-x-6 is ………………………





Answers

Answer:

[tex] (x^2 - 9)(x + 2) [/tex]

Step-by-step explanation:

Given:

[tex] x^2 + 5x + 6 [/tex]

[tex] x^2 - x - 6 [/tex]

Required:

LCM of the polynomials

SOLUTION:

Step 1: Factorise each polynomial

[tex] x^2 + 5x + 6 [/tex]

[tex] x^2 + 3x + 2x + 6 [/tex]

[tex] (x^2 + 3x) + (2x + 6) [/tex]

[tex] x(x + 3) + 2(x + 3) [/tex]

[tex] (x + 2)(x + 3) [/tex]

[tex] x^2 - x - 6 [/tex]

[tex] x^2 - 3x +2x - 6 [/tex]

[tex] x(x - 3) + 2(x - 3) [/tex]

[tex] (x + 2)(x - 3) [/tex]

Step 2: find the product of each factor that is common in both polynomials.

We have the following,

[tex] x^2 + 5x + 6 = (x + 2)(x + 3) [/tex]

[tex] x^2 - x - 6 = (x + 2)(x - 3) [/tex]

The common factors would be: =>

[tex] (x + 2) [/tex] (this is common in both polynomials, so we would take just one of them as a factor.

[tex] (x + 3) [/tex] and,

[tex] (x - 3) [/tex]

Their product = [tex] (x - 3)(x + 3)(x +2) = (x^2 - 9)(x + 2) [/tex]

The cost of milk is modeled by a linear equation where four quarts (one gallon) costs $3.09 while two quarts
(half-gallon) costs $1.65. Write the linear equation that expresses the price in terms of quarts. How much would
an eight-quart container of milk cost?

Answers

Answer:

linear equation to express the price is:

y=0.72x+0.21

An eight quarts will cost :  $5.97

Step-by-step explanation:

linear equation represent y=mx+b

let x=quarts ( x=4, x=2)

y= price (3.09 and y=1.65 )

two points (4,3.09) and (2,1.65)

need to find the slope m:

y2-y1/x2-x1

(1.65-3.09)/(2-4) ⇒ m=0.72

y=0.72x+b  find b at point (2,1.65)

1.65=0.72(2) +b  ⇒ b=0.21

y=0.72x +0.21

check : point (4,3.09)

y=0.72(4) +0.21

y=3.09  ( correct)

An eight quarts will cost :

y=0.72(8)+0.21

y=5.97 dollars

Suppose that $9500 is placed in an account that pays 9% interest compounded each year.
Assume that no withdrawals are made from the account.
Follow the instructions below. Do not do any rounding.
(a) Find the amount in the account at the end of 1 year.
so
(b) Find the amount in the account at the end of 2 years.
$
?

Answers

Answer:

$11286.95 second year

$10335 first year

Step-by-step explanation:

9% of 9500 is 855, 9500 plus 855 = 10335. (first year)

9% of 10335 is 931.95, and 10335+931.95 is 11286.95. (second year)

The amount in the account at the end of 1 year  $10335 (first year)

The amount in the account at the end of 2 years $11286.95.

What is the compound interest?

Compound interest is when you earn interest on both the money you've saved and the interest you earn.

Formula:

A = P(1 + {r}/{n})^{n.t}

here, we have,

$9500 is placed in an account that pays 9% interest compounded each year.

so, we get,

9% of 9500 is 855,

9500 plus 855 = 10335. (first year)

again,

9% of 10335 is 931.95,

and 10335+931.95 is 11286.95. (second year)

Hence, The amount in the account at the end of 1 year  $10335 (first year)

The amount in the account at the end of 2 years $11286.95.

To learn more on Compound interest click:

brainly.com/question/29335425

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