If $3000 is invested at 3% interest, find the value of the investment at the end of 7 years if the interest is compounded as follows. (Round your answers to the nearest cent.)
(i) annually
(ii) semiannually
(iii) monthly
(iv) weekly
(v) daily
(vi) continuously

Answers

Answer 1

Answer:

annualy=$3689.62

semiannually=$3695.27

monthly=$3700.06

weekly=$3700.81

daily=$3701.00

Continuously=$3701.03

Step-by-step explanation:

Given:

P=3000

r=3%

t=7 years

Formula used:

Where,

A represents Accumulated amount

P represents (or) invested amount

r represents interest rate

t represents time in years

n represents accumulated or compounded number of times per year

Solution:

(i)annually

n=1 time per year

[tex]A=3000[1+\frac{0.03}{1} ]^1^(^7^)\\ =3000(1.03)^7\\ =3689.621596\\[/tex]

On approximating the values,

A=$3689.62

(ii)semiannually

n=2 times per year

[tex]A=3000[1+\frac{0.03}{2}^{2(4)} ]\\ =3000[1+0.815]^14\\ =3695.267192[/tex]

On approximating the values,

A=$3695.27

(iii)monthly

n=12 times per year

[tex]A=3000[1+\frac{0.03}{12}^{12(7)} \\ =3000[1+0.0025]^84\\ =3700.0644[/tex]

On approximating,

A=$3700.06

(iv) weekly

n=52 times per year

[tex]A=3000[1+\frac{0.03}{52}]^3^6 \\ =3000(1.23360336)\\ =3700.81003[/tex]

On approximating,

A=$3700.81

(v) daily

n=365 time per year

[tex]A=3000[1+\frac{0.03}{365}]^{365(7)} \\ =3000[1.000082192]^{2555}\\ =3701.002234[/tex]

On approximating the values,

A=$3701.00

(vi) Continuously

[tex]A=Pe^r^t\\ =3000e^{\frac{0.03}{1}(7) }\\ =3000e^{0.21} \\ =3000(1.23367806)\\ =3701.03418\\[/tex]

On approximating the value,

A=$3701.03


Related Questions


What is the value of the expression [-7] + [-4]

Answers

Answer:

11

Step-by-step explanation:

I'm assuming that [.] fldenote absolute value even tho the absolute value function is represented by (|.|)

value of [-7] will be positive that us 7.

= 7 + 4

= 11

so instead of subtracting that you added so it would be 11 because two negatives make a positive

The graph below has the same shape as the graph of G(x) = x, but it is
shifted three units to the right. Complete its equation. Enter exponents using
the caret (-); for example, enter x4 as x^4. Do not include "G(x) =" in your
answer.
G(x) =

Answers

Step-by-step explanation:

The graph of Fx), shown below in pink, has the same shape as the graph of G(x)-x, but it is shifted to the right two units. Complete its equation below Enter exponents using the caret (a), for example, enter x as x 4. Do not include Fx)-in your answer. .5 5 F(x) = Answer: 0

The equation of the graph is,

⇒ G (x) = (x - 3)⁴

What is mean by Function?

A relation between a set of inputs having one output each is called a function. and an expression, rule, or law that defines a relationship between one variable (the independent variable) and another variable (the dependent variable).

Given that;

The graph of function G (x) is shown in image.

Here, The graph is 3 units left to function F (x) = x⁴.

Hence, The equation of the graph is,

⇒ G (x) = (x - 3)⁴

Thus, The equation of the graph is,

⇒ G (x) = (x - 3)⁴

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Kayo earns a weekly salary of $372 at All Sports, Next month, she will be promoted from assistant buyer to head buyer. In her new position, she will be paid $831.33
semimonthly. How much more per year will Kayo earn as a head buyer than as assistant buyer?

Answers

Answer:

ok so if she gets paid 372 we just multiply this by 4 since there's 4 weeks in a month then we multiply by 4 so

372*4*12=17856

now we just multiply 831.33 by 2 since she is paid semimonthly and we multiply by 12

831.33*2*12=19951.92

now we just subtract

19951.92-17856=2095.92

so she gets paid 2095.92 more dollars per year

Hope This Helps!!!

Help!!! ASAP Please and thank you!

Answers

Answer:

1. 6 (2a-3b)

6×2a - 3b

=12a-18b

2. a(2ab+3)

a×2ab+3

=2a²b + 3a

3. (x-4)(3x)

=3x² - 12x

just kembangkan... answer my question plss..help me.

(1)

a & gb & e

(2)

=6(2a-3b)= 12a-18b

=a(2ab+3)=2a^b+3a

= (x-4) (3x)= 3x^-12x

What is the area of the trapezoid?










176 cm2
192 cm2
208 cm2
224 cm2

Answers

Answer:A. This is the formula for the area of a trapezoid: a+b/2 x height (a and b being the bases)

Step-by-step explanation: Use the formula. 10+12=22. 22/2 is 11. 11 x 16 is 176. Therefore, the answer is A.

A particular network service provider charges 50 Kobo per second to make a call. How many minutes will a caller with 300 naira airtime last.​

Answers

9514 1404 393

Answer:

  10 minutes

Step-by-step explanation:

The current legal tender conversion rate is 50 kobo = 0.50 naira. Then the airtime balance is ...

  (300 NGN)/(0.50 NGN/s) × (1 min)/(60 s) = 300/(0.50×60) min = 10 min

please help! i need this ASAP!

Answers

Answer:

C. y=7/9x+17/9

Step-by-step explanation:

Take the slope. slope= m = y2-y1/x2-x1

=5-(-2)/4-(-5)

=7/9

Then put it into point-slope form.

y-y1=m(x-x1)

=y-5=7/9(x-4)

Simplify.

y=7/9x-28/9+5

y=7/9x+17/9

Answer:

C

Step-by-step explanation:

First find the slope (change in y/ change in x) which is positive 7/9.

Then use y=mx+b and plug in the slope, and one of the given points to solve for b.

5= 7/9*4+b

5=28/9+b

5-28/9=b

45/9-28/9=b

17/9=b

Then with the slope and y intercept(b) you get the equation shown in answer c.

Hope that helps!

find all missing angles in the following diagram

Answers

Step-by-step explanation:

the item angle on the left line is also 130 degrees, as these 2 equally long lines create a triangle with 2 equal sides.

the two internal angles are the complement from 130 to 180 degrees, as every straight line stands for 180 degrees.

so, 180-130 = 50 degrees.

=> both internal angles are 50 degrees.

that makes the angle at the bottom tip of the triangle the complement of both 50 degree angle to 180, because the sum of all angles in a triangle is always 180 degrees.

so, 180 - 50 - 50 = 80 degrees.

and the outside angles of that triangle tip angle are each half of the complement of these 80 degrees to 180 (resistive to the bottom horizontal line).

180 - 80 = 100

100/2 = 50

so, both outside bottom angles are again 50 degrees.

Need help with this one please

Answers

it right answer is Clovis 2.5% it answer

A recent article in a university newspaper claimed that the proportion of students who commute more than miles to school is no more than . Suppose that we suspect otherwise and carry out a hypothesis test. State the null hypothesis and the alternative hypothesis that we would use for this test.

Answers

Answer:

The null hypothesis is [tex]H_0: p \leq x[/tex], in which x is the proportion tested.

The alternative hypothesis is [tex]H_1: p > x[/tex]

Step-by-step explanation:

A recent article in a university newspaper claimed that the proportion of students who commute more than miles to school is no more than x.

This means that at the null hypothesis, we test if the proportion is of at most x, that is:

[tex]H_0: p \leq x[/tex]

Suppose that we suspect otherwise and carry out a hypothesis test.

The opposite of at most x is more than x, so the alternative hypothesis is:

[tex]H_1: p > x[/tex]

ASK YOUR TEACHER A 12-sided die can be made from a geometric solid called dodecahedron. Assume that a fair dodecahedron is rolled. (a) What is the probability of getting a number less than 10 on a single roll

Answers

9514 1404 393

Answer:

  3/4

Step-by-step explanation:

Assuming the faces are numbered 1 to 12, there are 9 faces with values less than 10. Since the outcomes are equally probable and mutually exclusive, the probability of any of the 9 is the sum of their individual probabilities:

  P(n < 10) = 9×1/12 = 9/12 = 3/4

Look at photo help please I will give brainliest

Answers

Answer:

3x² + 13x + 4

Step-by-step explanation:

I did the steps in my book



20. In the image, ABC has measure 58°. What is the measure of ABD?
A. 116°
OB. 29°
O C. 58
OD. There is not enough information to determine LABD.

Answers

Answer:

Option B, 29°

Step-by-step explanation:

The diagram is a angle bisecting diagram which divides the 58° angle into two 29° angles.

Answered by GAUTHMATH

It’s 29 I took the test

Which solution finds the value of x in the triangle below?

A right triangle is shown. The hypotenuse has a length of 8. Another side has a length of x. The angle between the hypotenuse and the other side is 60 degrees.

Answers

Answer:

4

Step-by-step explanation:

Since this is a right triangle, and one of the angles measures 60 degrees, we can conclude that the last side measures 30 degrees.

We can see that this is a 30-60-90 degree triangle.

The rules of 30-60-90 degree triangles are that the side opposite the 90 degree angle, or the hypotenuse can be measured with the variable [tex]2a[/tex]. The side opposite the 30 degree angle can be measured with [tex]a[/tex], and the side opposite the 60 degree angle will be measured with [tex]a\sqrt{3}[/tex].

We can see that 8 represents [tex]2a[/tex] because it is the hypotenuse. Since the side marked [tex]x[/tex] is separated by the hypotenuse by an angle of 60 degrees, we note that side marked [tex]x[/tex] is opposite the angle measuring 30 degrees. We note that the side opposite 30 degrees is marked [tex]a[/tex], and since we already know that 8 is equal to [tex]2a[/tex], we realize that the side marked x is equal to [tex]a[/tex], or 4.

The value of x in the triangle is 4.

What is the Pythagorean theorem ?

The square of the length of the hypotenuse of a right triangle equals the sum of the squares of the lengths of the other two sides.

It is given this is a right triangle, and one of the angles measures 60 degrees, we can conclude that the last side measures 30 degrees. By the sum of all the three interior angles of a triangle is 180 degrees

The side opposite the 90 degree angle, or the hypotenuse can be measured with the variable '2a' . The side opposite the 30 degree angle can be measured with 'a' , and the side opposite the 60 degree angle will be measured with 'a√3'.

8 represents '2a' because it is the hypotenuse. Since the side marked x is separated by the hypotenuse by an angle of 60 degrees, we note that side marked x is opposite the angle measuring 30 degrees. We note that the side opposite 30 degrees is marked 'a', and since we already know that 8 is equal to '2a', we realize that the side marked x is equal to

'a' , or 4.

2a=8

a=4

x=a=4

so, the the value of x in the triangle is 4.

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The radioactive isotope carbon-14 is present in small quantities in all life forms, and it is constantly replenished until the organism dies, after which it decays to stable carbon-12 at a rate proportional to the amount of carbon-14 present, with a half-life of 5549 years. Let C(t) be the amount of carbon-14 present at time t.
(a) Find the value of the constant k in the differential equation C' = -kC.
(b) In 1988 three teams of scientists found that the Shroud of Turin, which was reputed to be the burial cloth of Jesus, contained 91% of the amount of carbon-14 contained in freshly made cloth of the same material. How old was the Shroud of Turin at the time of this data?

Answers

Answer:

a) k = 0.00012491389

b) The Shroud of Turin was 755 years old at the time of this data.

Step-by-step explanation:

(a) Find the value of the constant k in the differential equation C' = -kC.

First we find the differential equation, by separation of variables. So

[tex]\int \frac{C^{\prime}}{C} dt = -\int k dt[/tex]

So

[tex]\ln{C} = -kt + K[/tex]

In which K is the constant of integration, representing the initial amount of substance. So

[tex]C(t) = C(0)e^{-kt}[/tex]

Half-life of 5549 years.

This means that [tex]C(5549) = 0.5C(0)[/tex]. We use this to find k. So

[tex]C(t) = C(0)e^{-kt}[/tex]

[tex]0.5C(0) = C(0)e^{-5549k}[/tex]

[tex]e^{-5549k} = 0.5[/tex]

[tex]\ln{e^{-5549k}} = \ln{0.5}[/tex]

[tex]-5549k = \ln{0.5}[/tex]

[tex]k = -\frac{\ln{0.5}}{5549}[/tex]

[tex]k = 0.00012491389[/tex]

So

[tex]C(t) = C(0)e^{-0.00012491389t}[/tex]

(b) In 1988 three teams of scientists found that the Shroud of Turin, which was reputed to be the burial cloth of Jesus, contained 91% of the amount of carbon-14 contained in freshly made cloth of the same material. How old was the Shroud of Turin at the time of this data?

This is t for which [tex]C(t) = 0.91C(0)[/tex]

So

[tex]C(t) = C(0)e^{-0.00012491389t}[/tex]

[tex]0.91C(0) = C(0)e^{-0.00012491389t}[/tex]

[tex]e^{-0.00012491389t} = 0.91[/tex]

[tex]\ln{e^{-0.00012491389t}} = \ln{0.91}[/tex]

[tex]-0.00012491389t = \ln{0.91}[/tex]

[tex]t = -\frac{\ln{0.91}}{0.00012491389}[/tex]

[tex]t = 755[/tex]

The Shroud of Turin was 755 years old at the time of this data.

Sticky buns sell for $1.25 each,or $10.89 per dozen. how much does each bun cost if purchased by the dozen? How much do you save on 12 sticky buns?

Answers

Answer:

If you buy per dozen, each buns costs about 91 cents.

You will save $4.11 if you buy per dozen.

Step-by-step explanation:

1.25 * 12= $15

10.89/12= .9075 = .91 cents

15-10.89= $4.11

Mathematics I need help

Answers

Answer:A

Step-by-step explanation:

What is 12 x 12 ?

A. 12
b. 144
c. 147
d. 2574

Answers

Answer:

b

Step-by-step explanation:

B 144
The answer is 144

In your office desk drawer you have 10 different flavors of fruit leather. How many distinct flavor groupings can you make with your fruit leather stash?​

Answers

100

You have 10 different flavors. Just multiply the ten with another ten.

I need help on this. Please someone help. I would appreciate it!

Answers

Use the circular formula and divide the volume by 2

Step-by-step explanation:

Answer:

12.56

Step-by-step explanation:

3.14(8)/2

=12.56

A study of the pay of corporate chief executive officers (CEOs) examined the increase in cash compensation of the CEOs of 104 companies, adjusted for inflation, in a recent year. The mean increase in real compensation was x¯=6.9%, and the standard deviation of the increases was s=55%. Is this good evidence that the mean real compensation μ of all CEOs increased that year? The hypotheses are

Answers

Answer:

The p-value of the test is 0.1017, which is greater than the standard significance level of 0.05, which means that this is not good evidence that the mean real compensation μ of all CEOs increased that year.

Step-by-step explanation:

At the null hypothesis, we test if there was no increase, that is, the mean is 0, so:

[tex]H_0: \mu = 0[/tex]

At the alternative hypothesis, we test if there was an increase, that is, the mean is greater than 0, so:

[tex]H_1: \mu > 0[/tex]

The test statistic is:

[tex]t = \frac{X - \mu}{\frac{s}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, s is the standard deviation and n is the size of the sample.

0 is tested at the null hypothesis:

This means that [tex]\mu = 0[/tex]

104 companies, adjusted for inflation, in a recent year. The mean increase in real compensation was x¯=6.9%, and the standard deviation of the increases was s=55%.

This means that [tex]n = 104, X = 6.9, s = 55[/tex]

Value of the test-statistic:

[tex]t = \frac{X - \mu}{\frac{s}{\sqrt{n}}}[/tex]

[tex]t = \frac{6.9 - 0}{\frac{55}{\sqrt{104}}}[/tex]

[tex]t = 1.28[/tex]

P-value of the test:

The p-value of the test is a right-tailed test(test if the mean is greater than a value), with 104 - 1 = 103 df and t = 1.28.

Using a t-distribution calculator, this p-value is of 0.1017.

The p-value of the test is 0.1017, which is greater than the standard significance level of 0.05, which means that this is not good evidence that the mean real compensation μ of all CEOs increased that year.

Find the vertical asymptotes. 2x2 + 7x + 6 y = 3x2 + 10x - 8 * = [ [?], x=​

Answers

Answer:

[tex]-\frac{77}{24}[/tex]

Step-by-step explanation:

1. rewrite the equation in standard form: [tex]4\cdot \frac{3}{2}\left(y-\left(-\frac{41}{24}\right)\right)=\left(x-\left(-\frac{3}{2}\right)\right)^2[/tex]

2. find (h,k), the vertex. the vertex is [tex]\left(h,\:k\right)=\left(-\frac{3}{2},\:-\frac{41}{24}\right)[/tex]

3. find the 'focal length' of the parabola - the focal length is the distance between the vertex and the focus. from the vertex we can see that the focal length, p, = 3/2

4. Parabola is symmetric around the y-axis and so the asymptote is a line parallel to the x-axis, a  distance p from the [tex]\left(-\frac{3}{2},\:-\frac{41}{24}\right)[/tex] y coordinate which is at  [tex]-\frac{41}{24}\right)[/tex]. Set up the equation:

[tex]y=-\frac{41}{24}-p[/tex]

5. substitute and solve:

[tex]y=-\frac{41}{24}-\frac{3}{2}[/tex]

[tex]y = -\frac{77}{24}[/tex]

hope this helps, ask me questions if you still don't understand.

Based on the graph, find the set of all x-values for which the points P(x,y) are on the graph y>0. Enter your answer using interval notation

Answers

Answer:

The solution set is: (-1,3)

We want to find the set of the x-values of the points that belong to the given graph and have an y-value larger than zero.

The set is: s = (-1, 3)

To find the set, we need to see the x-values of the points on the graph such that y > 0.

y > 0 means that we only look at the region of the graph that is above the x-axis.

We can see that this region goes from x =-1 to x = 3

Then for all the x-values between x = -1 and x = 3 the points p(x, y) on the graph have an y-value larger than zero.

Notice that because the value must be larger than zero, then the particular x-values:

x = -1 and x = 3 are not in the set.

So the set must be written as:

s = (-1, 3)

This is the set in the interval notation.

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5/4 hour = __ minutes

Answers

Answer:

hour= 1.25

MINUTES ANSWER= 75 minutes

Step-by-step explanation:

hope that helps>3

Answer:

5/4 hour= 75 minutes

--------------------------------

[tex]\textbf{HOPE IT HELPS}[/tex]

[tex]\textbf{HAVE A GREAT DAY!!}[/tex]

can a horizontal line be written in slope intercept form

Answers

Answer:

it can be in point intercept form

Step-by-step explanation:

Answer:

it can be point intercept from

math help plz
how to divide polynominals, how to understand and step by step with an example provided please

Answers

Answer:

I guess this is the answer hope it helps

3z+8=12+3x-z
I need help someone help me

Answers

Answer:

z=3x/4+1 x=4z/3-4/3

Step-by-step explanation:

When studying radioactive material, a nuclear engineer found that over 365 days,
1,000,000 radioactive atoms decayed to 970,258 radioactive atoms, so 29,742 atoms
decayed during 365 days.
a. Find the mean number of radioactive atoms that decayed in a day.
b. Find the probability that on a given day, 50 radioactive atoms decayed.
a. The mean number of radioactive atoms that decay per day is
(Round to three decimal places as needed.)

Answers

Answer:

a) The mean number of radioactive atoms that decay per day is 81.485.

b) 0% probability that on a given day, 50 radioactive atoms decayed.

Step-by-step explanation:

Poisson distribution:

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:

[tex]P(X = x) = \frac{e^{-\lambda}*\lambda^{x}}{(x)!}[/tex]

In which

x is the number of sucesses

e = 2.71828 is the Euler number

[tex]\lambda[/tex] is the mean in the given interval.

a. Find the mean number of radioactive atoms that decayed in a day.

29,742 atoms decayed during 365 days, which means that:

[tex]\lambda = \frac{29742}{365} = 81.485[/tex]

The mean number of radioactive atoms that decay per day is 81.485.

b. Find the probability that on a given day, 50 radioactive atoms decayed.

This is P(X = 50). So

[tex]P(X = 50) = \frac{e^{-81.485}*(81.485)^{50}}{(50)!} = 0[/tex]

0% probability that on a given day, 50 radioactive atoms decayed.

Why is the number of operators per shift multiplied by approximately 4.5 to obtain the total number of operators required to run the plant

Answers

I believe you meant "why is the number of shifts multiplied by approximately 4.5 to obtain the total number of operators required to run the plant"

Answer and Explanation:

There are 3 shifts per day, 49 weeks per year and 5 shifts per operator per week

To get total number of operators required to run the plant, we multiply number of shifts in a year by number if operators per shift.

49 weeks×5 shifts= 245 shifts per operator per year

365×3 shifts= 1095 shifts per year

1095/245=4.5 operators per shift

total number of operators required to run the plant(per day) = 4.5×3= 13.5 approximately 14

total number of operators required to run the plant(per year) =4.5×1095=4927.5 approximately 4928

Translate the following into an algebraic expression: If it would take Mark m hours to clean the house alone and with his brother Sam they can clean the house together in t hours. How many hours would it have taken Sam if he was working alone

Answers

t=m or it could be m-t
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