Burt's grandparents started a savings account for him when he was born. They invested
$1250 in an account that pays 7.5% interest every year. How much money is in the
account on Burt's 18th birthday?

Answers

Answer 1

Answer:

4594.76 USD will be in the account on Burt's 18th birthday.

Step-by-step explanation:

Since interest rate is constant in time, we can use the definition of composite interest to determine how much money will be on Burt's 18th birthday, that is:

[tex]C = C_{o}\cdot \left(1+\frac{r}{100} \right)^{t}[/tex] (1)

Where:

[tex]C_{o}[/tex] - Initial amount, measured in US dollars.

[tex]C[/tex] - Current amount, measured in US dollars.

[tex]r[/tex] - Annual interest rate, measured in percentage.

[tex]t[/tex] - Time, measured in years.

If we know that [tex]C_{o} = 1250\,USD[/tex], [tex]r = 7.5[/tex] and [tex]t = 18[/tex], then the money in the savings account on Burt's 18th birthday is:

[tex]C = (1250\,USD)\cdot \left(1+\frac{7.5}{100} \right)^{18}[/tex]

[tex]C = 4594.76\,USD[/tex]

4594.76 USD will be in the account on Burt's 18th birthday.


Related Questions

A firm has a cash conversion cycle of 80​ days, an average collection period of 25​ days, and an average age of inventory of 70 days. Its operating cycle is​ ________ days.

Answers

Answer: 95 days

Step-by-step explanation:

Cash conversion cycle = 80​ days

Average collection period = 25​ days

Average age of inventory = 70 days

Then, operating cycle will be:

= Average collection period + Average age of inventory

= 25 days + 70 days

= 95 days

associative property 8×30​

Answers

Answer:

I think you mean commutative property. 30 * 8

Step-by-step explanation:

This does not have parentheses around anything. To solve with commutative property switch the digits.

A model house has a scale of 3 cm : 6 m.
If the model house is 9 cm wide, then how
wide is the real house?

Answers

It is going to be 18 because 9/18 is going to equal 3/6. Or both of them will equal 1/2

Find the value of x round to the nearest tenth FIRST ANSWER GETS BRAINIEST

Answers

Answer: answer is 19.2

a squared + b squared = c2  

81 + 289 = 370

square root of 370 = 19.235

answer is 19.2

Answer:

Step-by-step explanation:

[tex]x = \sqrt{ {17}^{2} + {9}^{2} } = \sqrt{289 + 81} = \sqrt{370 } [/tex]=19.2

can someone please help explain this to me? i’ll give brainliest

Answers

Answer:

It's B/the 2nd one

Step-by-step explanation:

So first eliminate the third one because that says plus 4, the Y intercept is 3 so it has to be + 3 which leaves us we A, B, and D.

Then we can eliminate D, the slope is going downward, so it cannot be positive, and it's positive so that leaves us with A and B

The answer is B because of how steep the line is.

Question 12 (1 point)
If linel is parallel to line m, solve for x and name the angle relationship:
(9x - 33)
(5x + 3)

Answers

it’s b
solve :
9x - 33 = 5x + 3
-5x -5x
4x - 33 + 3
+ 3 -3
4x = 36
/4 /4 (divided by 4)

x = 9

identify the domain and range of the function input 1,3,5,7 output 8,7,6,5

Answers

Answer:

Domain = 1,3,5,7

Range = 8,7,6,5

Step-by-step explanation:

We need to identify the domain and range of the function: input 1,3,5,7 output 8,7,6,5

Domain of function:

For any function domain is set of input values.

Range of function:

For any function range is set of output values.

So, for the given function we have : input 1,3,5,7 output 8,7,6,5

Domain = 1,3,5,7 (set of input values is domain of function)

Range = 8,7,6,5 (set of output values is range of function)

What is the slope of the line?​

Answers

Answer:

Slope = 3/4

Step-by-step explanation:

sorry it’s late. Pls give brainliest.

Given the functionſ defined by the formula f(x) = 2x +1 find the following:​

Answers

Answer:

f(4) is 9

f(-5) is -9

f(0) is 1

f(1/2) is 2

Which student consumed the most calories?
Mario
Tim
Kim
Kia

Answers

Answer: Kia

Step-by-step explanation:

Is linear or nonlinear?

Answers

Answer:

Linear

Step-by-step explanation:

what expression is equivalent to 5 to the -3rd power

Answers

Answer: 1/125

Step-by-step explanation:

Flip the exponent over into a fraction if it is to the negative power. Then do the same as you usually would to find out that it is 5^3 under a fraction.

Answer:

0.008

Step-by-step explanation:

that is what the internet said

The diagonals of rhombus ABCD intersect at E. Given that m∠CAD=20° and CE=4, find the m∠CDA.

Answers

Given :

The diagonals of rhombus ABCD intersect at E.

∠CAD = 20°.

To Find :

The angle ∠CDA.

Solution :

We know, diagonals of a rhombus bisects each other perpendicularly.

So, ∠DEA = 90°.

In triangle ΔEAD :

∠EAD + ∠AED + ∠EDA = 180°

20° + 90° + ∠EDA = 180°

∠EDA = 70°

Now, we know diagonal of rhombus also bisect the angle between two sides .

So, ∠CDA = 2∠EDA

∠CDA = 2×70°

∠CDA =140°

Therefore, ∠CDA is 140°.

Which equation describes a line with a slope of -1/2 that contains the point (-5, 2)?
A. x + 2y = 1
B. x - 2y = -1
C. x - 2y = 1
D. x + 2y = -1

Answers

Answer:

The equation x + 2y = -1 describes a line with a slope of -1/2 that contains the point (-5, 2) ⇒ D

Step-by-step explanation:

The slope of the linear equation of the form ax + by = c is m = [tex]\frac{-a}{b}[/tex] , where a and b are integers

Let us use this rule to solve the question

The slope of the line is [tex]-\frac{1}{2}[/tex] and the line contains the point (-5, 2)

We want to find which equation has the same slope and contains the point

A.

∵ x + 2y = 1

∴ a = 1 and b = 2

→ Use the rule above to find m

∴ m = [tex]\frac{-1}{2}[/tex]

The line has the same slope

→ Let us find if the line contains the point (-5, 2), by substituting x by -5

   and y by 2 in the left side of the equation if the answer equals

   the right side, then the line contains it

∵ L.S = -5 + 2(2) = -5 + 4 = -1

∵ R.S = 1

L.S ≠ R.S

The line does not contain the point (-5, 2)

B.

∵ x - 2y = -1

∴ a = 1 and b = -2

→ Use the rule above to find m

∴ m = [tex]\frac{-1}{-2}[/tex] = [tex]\frac{1}{2}[/tex]

The line does not have the same slope

C.

∵ x - 2y = 1

∴ a = 1 and b = -2

→ Use the rule above to find m

∴ m = [tex]\frac{-1}{-2}[/tex] = [tex]\frac{1}{2}[/tex]

The line does not have the same slope

D.

x + 2y = -1

∴ a = 1 and b = 2

→ Use the rule above to find m

∴ m = [tex]\frac{-1}{2}[/tex]

The line has the same slope

→ Substitute x by -5 and y by 2 in the left side

∵ L.S = -5 + 2(2) = -5 + 4 = -1

∵ R.S = -1

L.S = R.S

The line contains the point (-5, 2)

The equation x + 2y = -1 describes a line with a slope of -1/2 that contains the point (-5, 2)

the marked price of a radio is Rs 960 and the shopkeeper allows 10percent discount calculate the discount amount how much should a customer pay for it​

Answers

Answer:

864 rs

Step-by-step explanation:

10% of 960 is 96

960-96=864

PLEASE HELP ILL GIVE BRAINLIEST!!

Answers

Answer:

y=-3x-1

Step-by-step explanation:

if you put it in pint slope form first and then simplify it is the easiest way.

y-2=-3(x+1)

y-2=-3x-3

+2. +2

y=-3x-1

What numbers are prime numbers?

Answers

Any number that can’t be divided by 2 is prime u won’t give you answer because I want you to use your thinking power

Answer:

C

Step-by-step explanation:

all four numbers in c do not have any other factors other than 1 and itself. All quotients of the number are not whole numbers.

Can you find the slope and type the correct code?

Answers

Answer:

number 4 : m= -2

Step-by-step explanation

Simplify the fraction 44/77 as much as possible.

Answers

Answer:

4/7

Step-by-step explanation:

4/7

Both numbers can be divided by 11, which would get you to 4/7, which is unable to be simplified any more.

How much is left on the card after Carl has seen the maximum number of movies

Answers

Answer:

how much was on it and how many is the maximum movies

Step-by-step explanation:

Teri begins walking east at 2 miles per hour at 1:00 pm. If cindy leaves from the same point 30 minutes later walking east at 3 miles per hour, when will she catch teri

Answers

Answer:

One hour after  starting

Step-by-step explanation:

Let Teri walk at a rate of 2 miles per hour in time , t + 0.5, since it is 30 minutes ahead and 30 minutes = 0.5 hours, the distance he moves is d = 2(t + 0.5). Also, since Cindy moves at a rate of 3 miles per hour, and starts at time t, the distance d' she moves is d' = 3t.

Now, when they catch each other, the distance moved is the same.

So, d = d'

2(t + 0.5) = 3t

expanding the brackets, we have

2t + 2 × 0.5 = 3t

2t + 1 = 3t

collecting like terms, we have

3t - 2t = 1

simplifying, we have

t = 1

So, Cindy will catch Teri one hour after starting.

Meghan earns 20.00 dollars by walking dogs. She uses all of her earnings to buy a shirt for 12.85 dollars and some stickers for 0.65 dollars each. How many stickers does she buy ?

Answers

Answer:

She bought 11 stickers

Step-by-step explanation:

20 - 12.85

7.15

then

7.15/0.65

11

Answer:

the answer is 11 :D

Step-by-step explanation:

Im not sure but please correct me if im wrong!

The area of a rectangle is represented by the expression 16m - 24. Which expression shows a factored version of the Area, one that shows the length and the width.
A | 8(2m+3)
B | 8(2+3m)
C | 8(2-3m)
D | 8(2m-3)

Answers

Answer:

The espression 8(2m - 3) shows the length and the width of the rectangle ⇒ D

Step-by-step explanation:

Let us find the greatest common factor of 16 and 24

∵ 16 = 1 × 16, 2 × 8, 4 × 4

∴ The factors of 16 are 1, 2, 4, 8, 16

∵ 24 = 1 × 24, 2 × 12, 3 × 8, 4 × 6

∴ The factors of 24 are 1, 2, 3, 4, 6, 8, 12, 24

→ Find the common factors of 16 and 24

∵ The common factor of 16 and 24 are 1, 2, 4, 8

∵ The greatest one is 8

The greatest common factor of 16 and 24 is 8

→ Take 8 as a common factor from 16m and 24

∵ 16m ÷ 8 = 2m

∵ 24 ÷ 8 = 3

∴ 16m - 24 = 8(2m - 3)

The espression 8(2m - 3) shows the length and the width of

   the rectangle

please answer (NOT A MULTIPLE CHOICE ANSWER)

In ΔOPQ, \text{m}\angle O = (6x-14)^{\circ}m∠O=(6x−14) ∘ , \text{m}\angle P =(2x+16)^{\circ}m∠P=(2x+16) ∘ , and \text{m}\angle Q = (2x+8)^{\circ}m∠Q=(2x+8) ∘ . Find \text{m}\angle Q.m∠Q.

Answers

Answer:

you are incorrect it is actually 107 degrees

Step-by-step explanation:

Please help me solve m<1 !!​

Answers

Step-by-step explanation:

Sum of angles in a triangle = 180°

Hence Angle 1 = 180° - 24° - 37° = 119°.

Anyone? need help ASAP will mark as brainlist

Answers

C. 154 cm

Explanation
The formula would be 1/4•pi•14squared which equals 153.93804. The rounded answer would be 154

Plz help will mark brainliest :)
(For both drop down menus)
A. An even
B. An odd
C. Neither an even nor an odd

Answers

Answer:

A.

Step-by-step explanation:

What function equation is represented by the graph?
f(x)=−4x−3
f(x)=1/4x−3
f(x)=−1/4x−3
f(x)=1/4x+3

Answers

Answer:

f(x)=1/4x-3

Step-by-step explanation:

y=mx+b

y-intercept is -3

-3=b

rise over round to find the slope

up 1 over 4

m=1/4

Move each point to the table to show what quadrant it is in when plotted on a coordinate plane.
Quadrant 1 Quadrant II Quadrant II Quadrant IV
(6,-1)
(-3,4)
(2,4)
(-1,-5)

Answers

Answer:

(-3,4) is the right answer i think im not sure nvm im positive that this is the right answer.........i think

Hi I need to figure if this is a function?

Answers

Answer:

no it is not a function

Step-by-step explanation:

function- for every input there is only one output

(1,7),(2,13),(3,13) it has two 13 so it is not a function

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