Elizabeth invested $970 in an account paying an interest rate of 6\tfrac{5}{8}6 8 5 % compounded daily. Matthew invested $970 in an account paying an interest rate of 6\tfrac{3}{4}6 4 3 % compounded continuously. After 8 years, how much more money would Matthew have in his account than Elizabeth, to the nearest dollar?
Using continuous compounding and compound interest, it is found that Matthew would have $17 more than Elizabeth in his account.
Compound interest:
[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]
Continuous compounding:
[tex]A(t) = Pe^{rt}[/tex]
The parameters are:
A(t) is the amount of money after t years. P is the principal(the initial sum of money). r is the interest rate(as a decimal value). n is the number of times that interest is compounded per year. t is the time in years for which the money is invested or borrowed.For both of them:
Investment of $970, hence [tex]P = 970[/tex]Invested for 8 years, hence [tex]t = 8[/tex]Elizabeth:
Compounded daily, hence [tex]n = 365[/tex].Rate, as a percent, of [tex]6\frac{5}{8} = 6 + \frac{5}{8} = 6.625[/tex], hence [tex]r = 0.06625[/tex].Then:
[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]
[tex]A(8) = 970\left(1 + \frac{0.06625}{365}\right)^{365(8)}[/tex]
[tex]A(8) = 1648[/tex]
Matthew:
Rate, as a percent, of [tex]6\frac{3}{4} = 6 + \frac{3}{4} = 6.75[/tex], hence [tex]r = 0.0675[/tex].Then:
[tex]A(t) = Pe^{rt}[/tex]
[tex]A(8) = 970e^{0.0675(8)}[/tex]
[tex]A(8) = 1665[/tex]
The difference is:
1665 - 1648 = 17
Hence, Matthew would have $17 more than Elizabeth in his account.
A similar problem is given at https://brainly.com/question/24507395
Which describes how to move from (2, 3) to (6,4) on a coordinate grid?
Step-by-step explanation:
x = +4
y = +1
it uses a rigid transition formation
Gabi owns one parcel measuring one square mile and another parcel measuring one mile x half a mile. She combined the parcels and sold them for $2.5 million. What price per acre did she receive for the land
We want to get the price per acre that she receives for the land, we will get that the price per acre is $2,777.8
First, we need to find the total area of the land.
There are two parcels, one with an area of 1 mi^2, and the other with dimensions of one-mile x half a mile, then the area of the other parcel is:
A' = (1 mi)*(0.5 mi) = 0.5 mi^2
The total area is the sum of these two, we get:
1 mi^2 + 0.5 mi^2 = 1.5 mi^2
And notice that we want to get the price per acre, knowing that:
1 mi^2 = 640 acres, then:
1.5 mi^2 = 1.5*(640 acres) = 900 acres.
The price per acre is equal to the quotient between the total price for the area and the number of acres, this gives:
P = ($2,500,000)/(900 acres) = $2,777.8
So each acre costs $2,777.8
If you want to learn more, you can read:
https://brainly.com/question/13738061
Find the value(s) of x where the tangent to the graph of y=e^5x is parallel to the
line 10x + y = 17
Answer:
There are none.
Step-by-step explanation:
No calculus involved:
The line, in slope-intercept form, has equation [tex]y=-10x+17[/tex], ie is always decreasing (easy to spot applying the definition)
Meanwhile, [tex]y=e^{5x}[/tex] is always increasing over its domain.
At no point the tangent will be decreasing.
Let's use calculus
We are to solve the equation [tex]y'(x) = -10 \rightarrow 5e^{5x} = -10 \rightarrow e^{5x}=-2[/tex] which has no real solutions.
38
21
21
X
What is the value of X
Answer:
80
Step-by-step explanation:
honestly it depends on the question but if it's addition, this is the answer
If you roll a 6-sided die 30 times, what is the best prediction possible for the number of times you will roll a one?
9.) During the soccer season, Finn scored goals on 8% of the shots he
took. If he scored 40 goals, how many shots did he take?
1 point
500 shots
50 shots
320 shots
32 shots
Answer:
500 shots
Step-by-step explanation:
the question is 8% of what number is 40?
we can use this proportion: is/of = %/100
let 'g' = number of goals
40/g = 8/100
cross-multiply to get:
8x = 4000
x = 500
In a standard card deck, there are 52 different cards, which are divided into 4 suits (spades, diamonds, clubs, and hearts), with each suit containing 13 cards. What is the probability that in a randomly selected rearrangement of the card deck, the 3 of spades is after all the hearts
In a given permutation of 52 cards, if the 3 of spades is to follow all of the hearts, that means the 3 of spades must be at least the 14th card in the deck.
Consider some possible orderings of the deck:
• If the 3 of spades is the 14th card, then the deck looks like
[all 13 ♥] … 3 ♠ … [all other 38 cards]
There are 13! ways to arrange the 13 hearts at the beginning and 38! ways to arrange the tail of 38 cards. Hence there are 13! × 38! possible rearrangements of the deck where 3 ♠ is the 14th card.
• If 3 ♠ is the 15th card, then the deck looks like
[13 ♥ and 1 other] … 3 ♠ … [all other 37 cards]
and there would be 14! × 37! ways of arranging the cards in this order.
There are 39 possible positions for 3 ♠. Extrapolating, it follows that the total number of permutations of the deck in which all hearts occur before 3 ♠ is
[tex]\displaystyle \sum_{k=0}^{38} (13+k)! \times (38-k)![/tex]
There are 52! total possible ways of rearranging the deck. Then the probability of rearranging the deck so that all hearts are drawn before 3 ♠ is
[tex]\displaystyle \frac1{52!} \sum_{k=0}^{38} (13+k)! \times (38-k)! = \frac{87,031,512,096,420,449}{221,360,321,731,856,907,600} \approx \boxed{0.000393}[/tex]
How do I solve this?
Answer:
x= -2
Step-by-step explanation:
y=x+4
y=2
2=x+4
-4+2=x
-2=x
x=-2
Answer:
x= -2
Step-by-step explanation:
I’m a poll, 100 people were asked to indicate if they prefer to drive a truck or car and their gender. Based on the table, which of the following statements is NOT true?
Answer:
B) men are less likely to prefer driving trucks than women
Step-by-step explanation:
can you please help me
Answer:
i think it's the 6th option
Step-by-step explanation:
Which inequality is represented by the graph?
Answer:
y < -3/2x + 1
Step-by-step explanation:
Points (-2,4) and (2, -2) are on the graph.
The graph crosses the y-axis at 1 so the y-intercept is 1
Slope = (change in the y-value)/(change in the x-value.
Slope = (-2 - 4)/ [2 - (- 2)]
Slope = -6/4
Slope = -3/2
The equation of the line : y = -3/2x + 1
Now the graph is dotted and it is shaded down.
Therefore the inequality is y < -3/2x + 1
question number fifteen
Answer:
d. EDC
Step-by-step explanation:
if you mirror the triangle ABC, it fits perfectly with triangle EDC
This table gives select values of the differentiable function h.
x -4 -1 0 1 4
h(x) -26 -15 -32 -39 -35
What is the best estimate for h'(-2) we can make based on this table?
Choose 1 answer:
a 11
b 3.67
c -1.13
d -20.5
Graph the line with slope 3/4 passing through the point (1,5). 20 points!
Answer:
y = (3/4)x + 17/4
Step-by-step explanation:
since we know the slope is 3/4, we have y = 3/4x + b. next plug in the point given. 5= 3/4(1) + b, simplify the equation to get 17/4=b, and now we have our equation: y = 3/4x + 17/4
Imma need a really quick answer im on a real tight clock
Answer:
Square 2 and 4? sorry im not very good at this stuff but thats my guess goodluck
Step-by-step explanation:
Translate the sentence into an equation.
Twice the difference of a number and 8 equals 5.
Use the variable b for the unknown number.
Answer:
it's simple it means
2×b-8=5
Answer:
b = 10.5
Step-by-step explanation:
The difference of b and 8 is b - 8 and twice this difference is
2(b - 8) = 5 ← distribute parenthesis on left side
2b - 16 = 5 ( add 16 to both sides )
2b = 21 ( divide both sides by 2 )
b = 10.5
The unknown number b is 10.5
Help very quick ! thank youuuuuuuuuuuuuu
She spent 2 hours and 45 minutes.
The formula for area of a trapezoid is A =1/2 h(b1 + b2). Express h in terms of A, b1 and b2
Answer:
H is the height
Step-by-step explanation:
A= Area
B= Base
1/2= 0.5
Someone plz help me :(
Answer:
The answer is a
Step-by-step explanation:
Like and give 5 star rating
Answer:
8/3 miles over 8miles
8 mi/3 hrs = 8/3 mi/hr = 2.66666.
plz help i will give brainiest
Graph the arithmetic sequence -1,-3,-5,-7,
Answer:
going up by 2 numbers
Step-by-step explanation:
Geometry- Copy and complete the statement.
Answer:
X+y over y
Step-by-step explanation:
X+y over y
Hope it helps
Use the binomial formula to find the coefficient of the q^4 p^17
term in the expansion of (29+p)^21
Recal the binomial theorem:
[tex]\displaystyle (a+b)^n = \sum_{k=0}^n \binom nk a^{n-k} b^k[/tex]
Then
[tex]\displaystyle (2q+p)^{21} = \sum_{k=0}^{21} \binom{21}k (2q)^{21-k} p^k = \sum_{k=0}^{21} \binom{21}k 2^{21-k} q^{21-k} p^k[/tex]
We get the q⁴p¹⁷ term when k = 17, and its coefficient would be
[tex]\dbinom{21}{17} 2^{21-17} = \dfrac{21!}{17!(21-17)!} 2^4 = \dfrac{21\cdot20\cdot19\cdot18}{4\cdot3\cdot2\cdot1}\cdot2^4 = \boxed{95,760}[/tex]
Suppose that Juan can choose to get home from work by car or bus.
When he chooses to get home by car, he arrives home after 7 p.m. 14 percent of the time.
When he chooses to get home by bus, he arrives home after 7 p.m. 62 percent of the time.
Because the bus is cheaper, he uses the bus 83 percent of the time.
What is the approximate probability that Juan chose to get home from work by bus, given that he arrived home after 7 p.m.?
Using conditional probability, it is found that there is a 0.9556 = 95.56% probability that Juan chose to get home from work by bus, given that he arrived home after 7 p.m.
Conditional Probability
[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]
In which
P(B|A) is the probability of event B happening, given that A happened. [tex]P(A \cap B)[/tex] is the probability of both A and B happening. P(A) is the probability of A happening.In this problem:
Event A: Arrived home after 7 p.m.Event B: Got home by bus.The percentages associated with arriving home after 7 p.m. are:
14% of 17%(by car).62% of 83%(by bus).Hence:
[tex]P(A) = 0.14(0.17) + 0.62(0.83) = 0.5384[/tex]
The probability of both arriving home after 7 p.m. and using bus is:
[tex]P(A \cap B) = 0.62(0.83)[/tex]
Hence, the conditional probability is:
[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.62(0.83)}{0.5384} = 0.9556[/tex]
0.9556 = 95.56% probability that Juan chose to get home from work by bus, given that he arrived home after 7 p.m.
You can learn more about conditional probability at https://brainly.com/question/14398287
Can you help me on this ?
Answer:
what one?
Step-by-step explanation:
Jason has sixteen books and fifteen magazines in his library. He bought several books at a yard sale over the
weekend. He now has ninety-four books in his library. How many books did he buy at the yard sale?
Answer:
48 books
Step-by-step explanation:
you would take away the 15 magazines because that doesn't matter.you would put 94 books on top first and then subtract 16 books to thatthen putting that problem together you should get 48What is the equation of this line in slope-intercept form?
A: y = 4x + 1
B: y=−4x+1
C: y=4x−1
D: y=−14x+1
Answer: B
Step-by-step explanation:
The slope-intercept is usually written as y = mx + b form, where m is the slope, and b is the y-intercept. The y-intercept is the y value when x is equal to 0.
We can first eliminate C, because the y-intercept of the graph is 1.
To solve for slope, which is the m, choose two points, (-1, 5) and (1, -3).
Slope = (y2 - y1) / (x2 - x1)
= (-3 - 5) / (1 - (-1))
= (-3 - 5) / (1 + 1)
= -8/2
= -4
Plug in the slope and y-intercept, we get y = -4x + 1
plz help ty<3
6cd^2+ 5cd + 3c^2 d^3
I think its 52 I'm not sure please dont get angry If I got it wrong
Given the graph of y=f(x), shown as a green curve, drag the green movable points to draw the graph of y=−f(x). When the green line is moved a red dashed line will appear where the original graph appeared for reference. Notice that you can control the positioning of the reflective function with the coordinate labeled "Drag Function" and control the width of the reflection with the coordinate labeled "Control Width."
The resulting function is presented in the image attached below.
In this question we know the graphic of a function and we must draw a new function which is the reflection of the original one around the x-axis. Mathematically speaking, a reflection a around the x-axis is defined by the following operation:
[tex]f'(x) = f(x) - 2\cdot [f(x) - 0][/tex]
[tex]f'(x) = - f(x)[/tex] (1)
Which means that the reflected function is equal to the original function multiplied by -1.
Now, we proceed to represent the reflected function graphically.
We kindly invite to check this question on reflections: https://brainly.com/question/15487308
It takes Billy 40 minutes to drive to his friend's house at his normal speed but it takes two hours if he drives 20 mph slower how far away is Billy's friend's house. How far does his friend live?
Answer:
20 miles
Step-by-step explanation:
