Mark invests $8,008 in a retirement account with a fixed annual interest rate of 2% compounded 6 times per year. What will the account balance be after 16 years?

Please help i need the answer by tomorrow!

Answers

Answer 1

Given:

Principal value = $8,008

Rate of interest = 2% compounded 6 times per year.

Time = 16 years

To find:

The account balance after 16 years.

Solution:

The formula for amount is:

[tex]A=P\left(1+\dfrac{r}{n}\right)^{nt}[/tex]

Where, P is principal, r is the rate of interest, n is the number of times interest compounded in an year and t is the number of years.

Putting [tex]P=8,008, r=0.02,n=6,t=16[/tex] in the above formula, we get

[tex]A=8008\left(1+\dfrac{0.02}{6}\right)^{6(16)}[/tex]

[tex]A=8008\left(\dfrac{6.02}{6}\right)^{96}[/tex]

[tex]A=11022.1721148[/tex]

[tex]A\approx 11022.17[/tex]

Therefore, the account balance after 16 years is $11022.17.


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Answer:

hwukebhejsnsknbjbbjkkkkkkkk

A jar is filled with 74 different colored marbles, 10 of which are red, 38 of which are blue, and 26 of which are green. A player is asked to draw a single marble from the jar and if they draw a red marble they will win $20, if they draw a blue marble they will lose $10, and if they draw a green marble they will lose $5. You may round your answer to the nearest cent

Answers

Solution :

Colored marble            Prize

     Red ----  10               20

    Blue --- 38                 10

   Green --- 26               5

P(red)  =  10/74  =  5/37

P(blue)  =  38/74  =  19/37

P( green)  = 26/74  =  13/37

Therefore,

 X      →     Red          Blue      Green

P(X)           5/37        19/37      13/37

The expected values are :

[tex]$20 \times \frac{5}{37} - 10 \times \frac{19}{37} - 5 \times \frac{13}{37}[/tex]

= -4.189

Thus it is not profitable to play the game.

The number of days (d) is equal
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A. d = h - 24
B. h = 24 d
C. h = 24-h
D. h = 24 + h

Answers

Answer:

B

Step-by-step explanation:

[tex]d \: = \frac{h}{24} [/tex]

[tex]h \: = 24d[/tex]

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i think by x2 you meant x²

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Please help me!!!!! You have to match the slope of each line

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Answer:

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solve for x. round to the nearest tenth of a degree, if necessary.​

Answers

x=30°

Answer:

Cos x°=adjacent/hypotenuse

Cos x°=45/52

x°=Cos-¹(45/52)

x°=30°

A chocolate chip cookie recipe requires three and one third cups of flour to one cup of chocolate chips. If one and one quarter cups of flour is used what quantity of chocolate chips will be needed according to the recipe?

Answers

Answer:

3/40 cup

Step-by-step explanation:

3 1/3 =10/3

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i then proceeded to use the butterfly method to find the answer

There are 5 seats in a bus. In how many different ways if there are 5 children. How many different ways are there if there are 4 children, and how many different ways are there if there are 3 children.

Answers

Answer:

5=1

4=5

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Step-by-step explanation:

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Answers

Answer:

a) y= x+7

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b) y = -3x

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Step-by-step explanation:

The slope intercept form of the equation of a line is

y = mx+b where m is the slope and b is the y intercept

a) y= x+7

The slope is 1 and the y intercept is 7

b) y = -3x

The slope is -3 and the y intercept is 0

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Answers

We shall proceed in hit and trial method

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X=7

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Answer:

y = 4

Step-by-step explanation:

[tex]\frac{sin(90)}{4\sqrt{2} } = \frac{sin(45)}{y}[/tex]

Answer:

y = 4

Step-by-step explanation:

Using the cosine ratio in the right triangle and the exact value

cos45° = [tex]\frac{1}{\sqrt{2} }[/tex] , then

cos45° = [tex]\frac{adjacent}{hypotenuse}[/tex] = [tex]\frac{y}{4\sqrt{2} }[/tex] = [tex]\frac{1}{\sqrt{2} }[/tex] ( cross- multiply )

y × [tex]\sqrt{2}[/tex] = 4[tex]\sqrt{2}[/tex] ( divide both sides by [tex]\sqrt{2}[/tex] )

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Answer:

A = 16 units²

Step-by-step explanation:

The area (A) of a parallelogram is calculated as

A = bh ( b is the base and h the perpendicular height )

The right triangle on the left is a 3- 4- 5 ( Pythagorean triple )

Then b = 4 and h = 4 , so

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Find the area of the parallelogram. 7 in. 12 in. [ ] Area = [?] in.​

Answers

Answer:

Area= Base x height

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Brainliest please

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o 5.82
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Answer:

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it’s the second one in the picture

Which division is shown by the model?

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Step-by-step explanation:

where the model step by step explanation

Anyone know this question?

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Answer:

(x-4y)(x-3y) ÷(x+8y)(x-8y)×(x+8y)÷3(x-3y)

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Manuel y Sara recorren cierta distancia, y los tiempos que emplean están en la razón 21 / 15 . La velocidad de Manuel es de 56km/h. ¿Cuál es la velocidad de Sara?

Answers

Answer:

The speed of Sara is 78.4 km/h.

Step- by-step explanation:

Manuel and Sara travel a certain distance, and the times they use are in the ratio 21/15. Manuel's speed is 56km / h. What is Sara's speed?

Let the distance is d.

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Let the speed of Sara is v.

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d = 56 x 21 t ..... (1)

For Sara:

d = v x 15 t ..... (2)

From (1) and (2)

56 x 21 t = v x 15 t

v = 78.4 km/h

Please anyone help me

Answers

Math Problem

If die is rolled two times, find the probably of getting "1'twice.

Math Answer

[tex] {1}\{36} [/tex]

Feel fre e too ask me

Please understand it

#BrainliestBunch

Se preguntó a 44 estudiantes por el tiempo, medido en minutos, que tardan en
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sdfghjkl

Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

In terms of x, the smaller integer is (x - 1)/2

Step-by-step explanation:

Two consecutive positive integers can be written as:

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Answers

Answer:

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Step-by-step explanation:

Here,

let the points be

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Y(4,-3) = (x2,y2)

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When the length of each side of a square is increased by 5 cm, its area is increased by 895 cm2. Find the length of a side before the increase.

The length of a side before the increase is...

Answers

Answer:

Step-by-step explanation:

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Put that together into an equation:

[tex]s^2+10s+25=s^2+895[/tex] and simplify to

10s = 870 so

s = 87

Let's check that. The area before the addition to the side is 87*87 = 7569; the area after the addition of 5 cm is 92*92 = 8464. The difference is

8464 - 7569 = 895 so we did good!

find the missing length indicated.​

Answers

Answer:

Step-by-step explanation:

x is the geometric mean because it is a part of both the small triangle on the left (with base 81) and the whole triangle (with base 225). Setting up the geometric means formula:

[tex]\frac{81}{x}=\frac{x}{225}[/tex] and cross multiply to get

[tex]x^2 =18225[/tex] so

x = [tex]\sqrt{18225}[/tex] and

x = 135

Which expression represents the number of apples Johnny has?

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Answers

Answer:

Step-by-step explanation:

Let the number of apples given to his friends = x

To represent the number of apples Johnny has, subtract the apples given to his friends from 14

Number of apples with Johnny = 14 - x

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Answers

Answer:

D. 14.1

Step-by-step explanation:

Use sin, opposite over hypotenuse.

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Answers

Answer:A(1,-5)

B(6,-8)

Step-by-step explanation:

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