If you invest $9,500 per period for the following number of periods, how much would you have?

13 years at 10 percent.
50 years at 9 percent.

Answers

Answer 1

1. After 13 years of investing $9,500 per period at 10% interest, the investment would be worth approximately $281,461.22.

2. After 50 years of investing $9,500 per period at 9% interest, the investment would be worth approximately $5,967,875.20.

How to calculate compound interesting?

To calculate the future value of an investment, we can use the formula for compound interest:

FV = PV x (1 + r)^n

where FV is the future value of the investment, PV is the present value or initial investment, r is the annual interest rate, and n is the number of compounding periods.

For the first investment:

PV = $9,500 per period

r = 10% per year

n = 13 years

Since we're making regular periodic investments, we can use the formula for the future value of an annuity:

FV = PMT x [(1 + r)^n - 1] / r

where PMT is the regular payment or investment per period. Plugging in the numbers, we get:

FV = $9,500 x [(1 + 0.1)^13 - 1] / 0.1 = $281,461.22

So after 13 years of investing $9,500 per period at 10% interest, the investment would be worth approximately $281,461.22.

For the second investment:

PV = $9,500 per period

r = 9% per year

n = 50 years

Using the same formula for the future value of an annuity, we get:

FV = $9,500 x [(1 + 0.09)^50 - 1] / 0.09 = $5,967,875.20

So after 50 years of investing $9,500 per period at 9% interest, the investment would be worth approximately $5,967,875.20.

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Related Questions

Find the original price of a fitness watch that is $105 after 30% discount

Answers

The original price of the fitness watch was $150.

To find the original price of the fitness watch, we need to work backwards from the discounted price of $105.

Let X be the original price of the fitness watch.

After a 30% discount, the discounted price is:

X - 0.3X = 0.7X

We know that the discounted price is $105, so we can set up the equation:

0.7X = 105

Solving for X, we divide both sides by 0.7:

X = 105 / 0.7

X = 150

Therefore, the original price of the fitness watch was $150.

There were 28 students in the RSM Math Challenge class. Over the year, eight students were late to class 12 times, 9 students were late 10 times, and the rest of the students were late

heeeeeeeelp

Answers

Answer:

3 students

Step-by-step explanation:

Now for RSM Olympiad are 8 math kangaroo are 7 studs that did both are 4

Total number of studs that participated are

(8-4) + 4 + (7-4)

4+4+3=11

those who didn't participate are

11-14-13

PLEASE HELPPP DUE IN 2 HOURS!!!!!!!

Answers

Answer:

1.15%

Step-by-step explanation:

Using repeated division method find the prime factors of 28

Answers

Answer:

Step-by-step explanation:

Finally, we got the number 1 at the end of the division process. So that we cannot proceed further. So, the prime factors of 28 are written as 2 × 2 × 7 or 22 x 7, where 2 and 7 are the prime numbers.

i need help with this

Answers

The supplied statement states that the candle would reach a height of 14.85 cm after 24 hours.

What does the word "height" mean?

The terms "altitude" and "elevation" refer to the vertical distance between something's top and bottom or its base and it's something above it. Height is used to describe everything that may be measured vertically, high or low.

Let Y = height.

let X equal time

Y = mX + b, where the slope of m & b is the y-intercept, denotes the linear relationship between height and time.

We can determine the slope using the information provided (13, 15.4) and (29, 6.5)

Slope = (y2 - y1) / (x2 - x1) = (6.5 - 15.4) / (29 - 13) = -8.9 / 16 = -0.55

This indicates that the candle is losing height at a rate of 0.55 cm each hour.

As the first grid cell of 24 hours comes 13 hours afterwards, (13, 15.4), the height will go down by 13 * (-0.55) = -7.15 cm in the 13 hours between hour 13 and hour 24.

Hence, the candle's height 24 hours later = 15.4 - 0.55 = 14.85 centimeters

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Find the area of the parallelogram.

Answers

Answer:

30 cm²

Step-by-step explanation:

The formula to find the area of a parallelogram.

Area = Base × Height

Accordingly, let us find the area.

Area = Base × Height

Area = 10 cm × 3 cm

Area = 30 cm²

Find the area of the blue-shaded region. Please help I need it asap. The answer is 20.0m squared I cannot figure out the work for it

Answers

The area of the blue-shaded region is 19.95 m²

What is area?

Area is defined as the total space taken up by a flat (2-D) surface or shape of an object.

Given that, a rectangle with length 14 m, and diagonal 15.5 m, a parallelogram has been cut out of it, we need to find the area remaining,

Using the Pythagoras theorem,

15.5² = 14²+w² [width]

w² = 240.25-196

w² = 44.25

w = 6.65

Therefore, the width of the rectangle is 6.65 m

That mean, the height of the parallelogram is 6.65 m,

The area of the blue-shaded region, is calculated by subtracting the area of the parallelogram by the area of the rectangle,

Area of the remaining region = 14×6.65-11×6.65

= 6.65(14-11) = 6.65×3

= 19.95 m²

Hence, the area of the blue-shaded region is 19.95 m²

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Without multiplying, drag the correct symbol into the box below.

<>=
1
3
4
×
3
1
4


1
3
4

Answers

The correct symbol for the given equation in the blank is the sign of non-equal to that ≠.

What is an equation?

Equations are mathematical expressions that have two algebra on either side of an equal (=) sign. The expressions on the left and right are shown to be equal to one another, demonstrating this relationship. L.H.S. = R.H.S. (left-hand side = right side) is a fundamental simple equation.

here, we have,

Let's solve the given equation,

3 (3+4) = 3³

3 (7) = 27

21 ≠ 27.

Therefore, it shows that LHS ≠ RHS.

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You have $319 of charges on your credit card. Then you charge $170 to buy Christmas presents. If your minimum payment if 6% of the balance, what will be your minimum payment?

Answer correctly and explain how you got the answer for brainliest.

Answers

Answer:

$29.34.

Step-by-step explanation:

To calculate the minimum payment, we need to find the current balance, which is the sum of the previous balance and the new charge for the Christmas presents:

Current balance = previous balance + new charge

Current balance = $319 + $170

Current balance = $489

The minimum payment is 6% of the current balance:

Minimum payment = 6% x current balance

Minimum payment = 6% x $489

Minimum payment = $29.34

Therefore, the minimum payment on the credit card would be $29.34.

Answer:

$29.34.

Step-by-step explanation:

To calculate the minimum payment, we need to find the current balance, which is the sum of the previous balance and the new charge for the Christmas presents:

Current balance = $319 + $170 = $489

Minimum payment = 6% x $489 = $29.34

The minimum payment on the credit card would be $29.34.

Hope this helped, have a GOOD DAY!!!!!


Select ALL of the solutions of the following system of linear inequalities below.

Answers

The solutions of the system of inequalities are:

(0, 3)

(6, 2)

How to find the solutions of the system?

Here we have the graph of a system of inequalities, the solutions are all the points on the area where the two shaded regions intercept (it would be on the purple area).

And we can see that one line is solid, the points on that line are solutions, the other line is dashed, the points on that line are not solutions.

Then the points that are solutions are:

(0, 3)

(6, 2)

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4x−1<11 what is the answer

Answers

Answer:

Add 1 to both sides. Add 11 and 1 to get 12. Divide both sides by 4. Divide 12 by 4 to get 3.

1. we have to buy flat bar length=1ft.that is 2pesos per cm.how much money we need to buy for that flat bar?

Answers

Answer:

The first thing you want to d is find out how many centimeters are in 1 foot, because if a flat bar cost 2 pesos per centimeter, and they want 1 foot, then you will multiply how many centimeters in 1 foot, by how much each centimeter cost: 2 pesos:

There are exactly 30.48 centimeters in 1 foot, so you will multiply that by 2:

2 * 30.48 = 60.96

It will cost 60.96, or rounded up to 61 pesos for a 1 foot flat bar.

Step-by-step explanation:

Hope it helps! =D

To indirectly measure the distance across a lake, Mia makes use of a couple
landmarks at points Vand W. She measures UX, XV, and XY as marked. Find
the distance across the lake (VW), rounding your answer to the nearest hundredth
of a meter.
W
70 m
120.25 m
130 m
U

Answers

The distance across the lake VW is 185m.

Define the term similar triangle?

Triangles that are similar but not necessarily the same size are called similar triangles. This indicates that their sides are proportional and that their angles are the same.

We can see there are two similar triangles with interior parallel line.

So, apply the Side Angle Side (SAS) rule for ΔUVW ≈ ΔUXY;

⇒   [tex]\frac{VW}{XY} = \frac{UV}{UX}[/tex]

⇒   [tex]\frac{VW}{120.25}=\frac{(130+70)}{130}[/tex]

Cross multiply both sides,

⇒   VW  =  [tex]\frac{200}{130}*120.25[/tex]

⇒    VW = 185 m

Therefore, the value of VW is 185m.

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Model Real Life B.E.S.T. Test Prep Wetlands make up about of the area of Florida. Select all the expressions that represent this fraction. A three-tenths (B) ten-thirds c) 3 tens D 10 thirds E 3 tenths Almost of the sp in Florida's wetlanc rare and endange​

Answers

As wetlands make up about 31% of the area of Florida, the expressions that represent this fraction is:

three-tenths3 tenths

What percentage of the area of Florida does Wetlands make up?

Florida wetlands generally include swamps, marshes, bayheads, bogs, cypress domes and strands, sloughs, wet prairies, riverine swamps and marshes, hydric seepage slopes, tidal marshes etc. According to the United States Environmental Protection Agency (EPA), wetlands cover approximately 31% of the total land area of the state of Florida.

Total land mass of Florida is: 170,312 Km². The landmass of Wetland areas is: 31% *  170,312 Km² = 52796.72Km²

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gage stocks two ponds with bass and blue hill. he stocks pond a with 60 fish and pond b with 300 fish. gage stocks pond b with twice the amount of bass and six times the amount of bluegills as pond a. how many bass and bluegills does gage stock in pond w

Answers

Finally, we can use the earlier equations to find the number of bass and bluegills in pond B:

2x + 6y = 300

2(15) + 6(45) = 300

30 + 270 = 300

Therefore, pond B has 30 bass and 270 bluegills.

What is a math equation, exactly?

In algebra, a statement of mathematics that proves the equality of two mathematical expressions is known as an equation. Consider the equation 3x + 5 = 14, where the word "equal" is used to denote the relationship between the terms 3x + 5 and 14.

Let's denote the number of bass in pond A as "x" and the number of bluegills in pond A as "y".

According to the problem, Gage stocks pond B with twice the amount of bass as pond A, so the number of bass in pond B is 2x. He also stocks pond B with six times the amount of bluegills as pond A, so the number of bluegills in pond B is 6y.

We know that Gage stocks pond A with a total of 60 fish, so:

x + y = 60

We also know that Gage stocks pond B with a total of 300 fish, so:

2x + 6y = 300

x + 3y = 150

Now we have two equations:

x + y = 60

x + 3y = 150

We can solve for x in the first equation:

x = 60 - y

Substitute this expression for x into the second equation:

(60 - y) + 3y = 150

2y = 90

y = 45

Now that we know that pond A has 45 bluegills, we can use the equation x + y = 60 to find that pond A has 15 bass (since 45 + 15 = 60).

2x + 6y = 300

2(15) + 6(45) = 300

30 + 270 = 300

Therefore, pond B has 30 bass and 270 bluegills.

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6/cm
4 cm
Find the value of x.
X
x = [?]

Answers

Applying the secant-tangent theorem, the value of x is calculated as: x = 5.

What is the Secant-Tangent Theorem?

The secant-tangent theorem states that if there is a point outside of a circle and we draw a tangent line and a secant line from that point to the circle, then the length of the tangent line squared is equal to the length of the secant line multiplied by the length of the part of the secant line that is outside the circle.

Therefore, applying the secant-tangent theorem:

4 * (x + 4) = 6²

4x + 16 = 36

4x = 36 - 16

4x = 20

4x/4 = 20/4

x = 5

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Alan invests $200 at a rate of per year compound interest. After 2 years the value of this investment is $206.46. Show that r²t 200r - 323=0​

Answers

Answer:

unfortunately tdudeyiutddj try Zurich etu

There are 2 blueberries for every 7 strawberries. If there are 49 strawberries, how many blueberries are there?​

Answers

Answer:

14

Step-by-step explanation:

So, 49 divided by 7 is 7 so there are 7 groups of 7 strawberries. With each of those 7 groups there are 2 blueberries. So, you are then going to multiply 7 by 2 and that gives you 14 blueberries.

coupon-collecting problem. there are c different types of coupon, and each coupon obtained is equally likely to be any one of the c types. find the probability that the first n coupons which you collect do not form a complete set, and deduce an expression for the mean number of coupons you will need to collect before you have a complete set

Answers

This expression gives the mean number of coupons you will need to collect before you have a complete set, given that each coupon obtained is equally likely to be any one of the c types.

What is probability?

In general, probability is a measure of the likelihood that a certain event or outcome will occur. It is a branch of mathematics concerned with analyzing and quantifying uncertainty. In formal terms, the probability of an event is a number between 0 and 1, where 0 indicates that the event is impossible and 1 indicates that the event is certain. Probabilities between 0 and 1 represent the degree of uncertainty associated with the event.

Here,

The probability that the first n coupons collected do not form a complete set can be found as follows:

Let S be the event that the first n coupons do not form a complete set, and let Ci be the event that the i-th coupon collected is a new type (i.e., a coupon of a type that has not been collected before).

Then, the event S can be expressed as the intersection of the events C1, C2, ..., Cn, where each Ci is independent of the others and has probability (c-i+1)/c of occurring. This is because there are c-i+1 types of coupons remaining after i-1 types have been collected, and each of these types is equally likely to be the next coupon collected.

So, the probability of S can be calculated as:

P(S) = P(C1 ∩ C2 ∩ ... ∩ Cn) = P(C1) × P(C2) × ... × P(Cn)

= (c-1)/c × (c-2)/c × ... × (c-n+1)/c

= Π(i=1 to n) (c-i+1)/c

To deduce an expression for the mean number of coupons you will need to collect before you have a complete set, let X be the random variable representing the number of coupons collected until a complete set is obtained. Then, the expected value of X can be calculated using the formula:

E(X) = Σ(k=1 to c) P(X ≥ k)

This formula sums the probabilities of all possible numbers of coupons collected until a complete set is obtained, weighted by their respective probabilities.

Note that P(X ≥ k) is the probability that a complete set has not been obtained after k-1 coupons have been collected, which is equal to the probability of the event S above. So, we can substitute the expression for P(S) into the formula for E(X) to get:

E(X) = Σ(k=1 to c) P(X ≥ k)

= Σ(k=1 to c) Π(i=1 to k-1) (c-i+1)/c

= Σ(k=1 to c) Π(i=0 to k-2) (c-i)/c

= Σ(k=0 to c-1) Π(i=0 to k-1) (c-i)/c (by changing the index of summation)

= Σ(k=0 to c-1) (c-k)/cˣ

= c Σ(k=0 to c-1) (1/c)ˣ - Σ(k=0 to c-1) (k/c)ˣ

= c (1 - (1/c)ˣ)/(1 - 1/c) - B(c, 1/c)

where B(c, 1/c) is the sum of the first c terms of the series (k/c)ˣ.

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T:R^3 to R^2 T(e1)=(1,4), T(e2)=(-2,9), T(e3)=(3,-8), where e1,e2, and e3 are the columns of the 3x3 identity matrix. Assume that T is a linear transformation. Find the standard matrix of T.

Answers

The value of standard matrix of T is,

⇒ [tex]\left[\begin{array}{ccc}1&-2&3\\- 4&9&- 8\\\end{array}\right][/tex]

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Given that;

Define T : R³ to R² as;

⇒ T(e₁) = (1, 4), T(e₂) = (-2,9), T(e₃) = (3,-8),

where e₁, e₂, and e₃ are the columns of the 3x3 identity matrix.

Now, The value of the standard matrix of T is,

T = [ T(e₁)   T(e₂)   T(e₃)]

  =  [tex]\left[\begin{array}{ccc}1&-2&3\\- 4&9&- 8\\\end{array}\right][/tex]

Therefore, The value of standard matrix of T is,

⇒ [tex]\left[\begin{array}{ccc}1&-2&3\\- 4&9&- 8\\\end{array}\right][/tex]

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what is the formula for rectangle's perimeter​

Answers

Step-by-step explanation:

the answer is 2(l+b) and it is verified

There are two traffic lights on the route used by a certain individual to go from home to work. Let E denote the event that the individual must stop at the first light, and define the event F in a similar manner for the second light. Suppose that P(E) = .4, P(F) = .2 and P(E intersect F) = .15.
(a) What is the probability that the individual must stop at at least one light; that is, what is the probability of the event P(E union F)?

Answers

The probability that the individual must stop at at least one light that is 0.45.

What is Probability?

Probability is the mathematical tool or procedure of predicting how likely a given event is going to happen.

Given is that there are two traffic lights on the route used by a certain individual to go from home to work. Let {E} denote the event that the individual must stop at the first light, and define the event {F} in a similar manner for the second light. Suppose that -

P(E) = 0.4P(F) = 0.2 P(E ∩ F) = 0.15.

We can write -

P{E ∪ F} = P{E} + P{F} - P{E ∩ F}

P{E ∪ F} = 0.4 + 0.2 - 0.15

P{E ∪ F} = 0.6 - 0.15

P{E ∪ F} = 0.45

Therefore, the probability that the individual must stop at at least one light that is 0.45.

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Solve: |x−5|>−2. Write your solution in interval notation.

(If there is no solution, enter your answer as ∅.)

Answers

Answer:

x ∈ R or (-∞,∞)

Step-by-step explanation:

The equation |x - 5| > -2 results in true for all x-values. No matter which x-values you substitute in the absolute value; positive, negative real numbers or zero, you'll always end up with the positive value which is greater than negative

Therefore, |x - 5| > -2 is true for all real x-values.

The way entertainment is sold and viewed has changed drastically in the past decade. In the year
2011, there were 6.1 billion DVDs sold worldwide. In the year 2021, the number had declined to
1.2 billion.

a. What is the average rate of change in DVD sales during this period?


b. Using the numbers in 2011 as an initial value, write a linear model that models the
number of DVD sales worldwide. Make sure to define the variables.


c. If the rate stays the same, predict the number of DVD sales in the
year 2023.

Answers

Answer:

Step-by-step explanation:

a. The average rate of change in DVD sales during this period can be calculated as:

average rate of change = (change in DVDs sold) / (change in years)

We are given that in 2011, 6.1 billion DVDs were sold, and in 2021, 1.2 billion DVDs were sold. The change in DVDs sold is:

change in DVDs sold = 1.2 billion - 6.1 billion = -4.9 billion

The change in years is:

change in years = 2021 - 2011 = 10

So the average rate of change in DVD sales during this period is:

average rate of change = (-4.9 billion) / 10 = -0.49 billion DVDs per year

Therefore, DVD sales declined by an average of 0.49 billion per year during this period.

b. Using the numbers in 2011 as an initial value, we can write a linear model that models the number of DVD sales worldwide as:

DVD sales = -0.49(t - 2011) + 6.1

where t is the year and DVD sales are measured in billions.

c. If the rate stays the same, we can predict the number of DVD sales in the year 2023 by substituting t = 2023 into the linear model and solving for DVD sales:

DVD sales = -0.49(2023 - 2011) + 6.1 ≈ 0.5 billion DVDs

Therefore, if the rate of decline in DVD sales stays the same, we can predict that there will be about 0.5 billion DVDs sold worldwide in 2023.

Lee Ann bought 2 cartons of yogurt. She ate 1/8 of a carton of yogurt each day.
How many days did it take Lee Ann to eat all of the yogurt in the 2 cartons?

Answers

Answer:

B 16

Step-by-step explanation:

It will take 8 days to eat one carton so 2 cartons will be 16 days.

"Susanna sells a lot for $45,400. She netted $41,428 after paying a broker’s commission. What was her rate of commission? (Hint: Before you find the rate of commission, you must find the amount of commission.)"

Answers

The amount of commission Susanna paid was $4,972. Her rate of commission was 10.9%.

please help, i inserted the photo below and i need the answer asap

Answers

By proportion formula and Pythagorean theorem, the length of line segment AB is equal to 8 units.

How to determine the length of a missing side in a system of similar triangles

Herein we find a geometric system formed by two similar right triangles, then we can determine the length of side BD by following proportion formula:

BD / AD = CD / BD

BD² = AD · CD

BD = √(AD · CD)

And the length of the line segment AB can be determined by Pythagorean theorem:

AB = √(BD² + AD²)

If we know that AD = 4 and CD = 12, then the length of the line segment AB is:

BD = √(4 · 12)

BD = √48

BD = 4√3

AB = √[(4√3)² + 4²]

AB = 8

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There are 2.5 times the amount of girls in a class than boys. If there are 35 students in the class, calculate the number of girls in the class.​

Answers

Answer:

25

Step-by-step explanation:

Let's assume the number of boys in the class is "x". Then, according to the problem, the number of girls in the class is 2.5 times the number of boys, which can be expressed as:

number of girls = 2.5 * number of boys

We also know that the total number of students in the class is 35. Therefore, we can write an equation in terms of "x" as follows:

x + 2.5x = 35

Simplifying the above equation, we get:

3.5x = 35

Dividing both sides by 3.5, we get:

x = 10

This means that there are 10 boys in the class. To find the number of girls, we can use the equation we derived earlier:

number of girls = 2.5 * number of boys

number of girls = 2.5 * 10 = 25

Therefore, there are 25 girls in the class.

. Corey has a piece of teak wood that is three times as long as his piece of oak wood. He
says that he can use two different equations to find out how long his piece of teak wood is
compared to his piece of oak wood. Is he correct? Explain your reasoning.
Corey's piece of oak wood is 8 inches long. Write and solve an equation to find the length of
mis teak wood piece.

Answers

The equation and solution to find the length of mis teak wood piece is x=3*8 and 24.

What is Algebra?

Algebra is the study of abstract symbols, while logic is the manipulation of all those ideas.

The acronym PEMDAS stands for Parenthesis, Exponent, Multiplication, Division, Addition, and Subtraction. This approach is used to answer the problem correctly and completely.

We are given that;

The length of oak wood=8inches

Teak wood= 3* oak wood

Now,

Let the length of teak wood be x

Then,

x=3*8

x=24

Therefore, by algebra the answer will be 24.

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What is (f- g)(x)?
f(x)=x^4-x² +9
g(x) = x³ + 3x² + 12
Enter your answer in standard form in the box.
(f-g)(x)

Answers

A function is defined as the relationship between input and output, where each input has exactly one output. The inputs are the elements in the domain and the outputs are elements in the co-domain.

Step-by-step explanation:

f(x)= x¹ - x² +9

g(x) = x³ + 3x² + 12

To find (f-g)(x):

The operations on functions are as easy as the operations on numbers or polynomials.

We have to subtract the functions to find the above mentioned operation.

(f-g) (x)= f(x)-g(x)

         = (x¹ - x² +9)-(x³ + 3x² + 12)

The minus will change the signs of function g.

Other Questions
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