12. After 80 years of 5.8% interest compounded monthly, an account has $102,393.44. What was the
original deposit amount?

Answers

Answer 1

Answer:

12195508,42

Step-by-step explanation:

A(1-R) NA is the depositR is the % presentN is the time period (exponent)A(1-5.8%)80=102,393.44
Answer 2

An account has $102,393.44 after 80 years of 5.8% compounded monthly interest. The initial deposit was around $991.45.

What is meant by deposit?A deposit is money held at a bank. A deposit is a monetary transaction in which money is transferred to another party for safekeeping.A deposit is money placed in a bank account. Deposits are classified into two types: demand deposits and time deposits. Checking, savings, and money market accounts are all examples of demand deposit accounts. Certificates of deposit (CD) and individual retirement accounts are examples of time deposit accounts.

Therefore,

Assume that each year has 52 weeks: then compounding occurs.

n = 52 × 80n

times and the rate for each compounding is

[tex]$i=\frac{5.8 \%}{52}=\frac{0.058}{52}$[/tex]

If the original deposit amount is

PV

then the future value

FV

is equal to

[tex]$$F V=P V \cdot(1+i)^n=P V \cdot\left(1+\frac{0.058}{52}\right)^{52 \cdot 80}$$[/tex]

We know the future value (which is given as $ 102,393.44), so calculating the present value is simple:

[tex]P V=F \frac{V}{(1+i)^n}=\frac{\$ 102,393.44}{\left(1+\frac{0.058}{52}\right)^{52 \cdot 80}}[/tex]

The simplest way to compute this is to use a calculator:

[tex]$P V \approx \$ 991.45 .$$[/tex]

We can simplify this expression with great precision just for fun. It is well known that

[tex]$\left(1+\frac{1}{n}\right)^n \rightarrow e$[/tex]

which easily implies that

[tex]$\left(1+\frac{a}{n}\right)^n \rightarrow e^a$[/tex]

Here,

[tex]$$\left(1+\frac{0.058}{52}\right)^{52 \cdot 80}=\left(\left(1+\frac{0.058}{52}\right)^{52}\right)^{80} \approx\left(e^{0.058}\right)^{80}=e^{0.058 .80}=e^{4.64}[/tex]

That is, [tex]P V \approx F V e^{-4.64}$.[/tex]

Hence, An account has $102,393.44 after 80 years of 5.8% compounded monthly interest. The initial deposit was around $991.45.

To learn more about deposit, refer to:

https://brainly.com/question/25787382

#SPJ2


Related Questions

A
3
-2
-1
0
2
3
4
В.
The midpoint of AB = ([?],[ ])
Enter

Answers

Step-by-step explanation:

hope it will help you and please mark the answer as brillant please.

Someone please help, I think I have an idea but just wanna make sure i'm on the right track

Answers

Answer:

As per graph the rate of Printer A is 15 pages per minute.

Missing words are:

(a) greater than

(b) greater than

(c) 15

The rate for Printer B is greater than the rate for Printer A because the rate of 25 pages per minute is greater than the rate of 15 pages per minute for Printer A.

or

The printing rate for Printer B is 10 pages more than the rate of printer A because the rate of 25 pages per minute is 10 pages more than the rate 15 pages per minute for Block A

 

Step-by-step explanation: it's either greater than or more than

From the graph of the printing rate of Printer A, we can see that;

At 1 minute, number of pages printed = 15

At 2 minutes, number of pages printed = 30 minutes

At 3 minutes, number of pages printed = 45

Thus printing rate for printer A is; 15/1 = 30/2 = 45/3 = 15 pages per minutes

Since printer B can print 25 pages per minute, we can conclude that;

The printing rate for Printer B is 10 pages more than the rate of printer A because the rate of 25 pages per minute is 10 pages more than the rate 15 pages per minute for Block A

Show all work to multiply
(3+ square root -16) (5 – square root -25)

Answers

[tex]\left(3+\sqrt{-16} \right) \left(5-\sqrt{-25} \right)\\\\=\left(3+\sqrt{-1} \cdot \sqrt{16} \right) \left(5- \sqrt{-1} \cdot \sqrt{25} \right)\\\\=(3+4i)(5-5i)~~~~~~~~~~~~~~;\left[i=\sqrt{-1} \right]\\\\=15-15i + 20i - 20i^2\\\\=15+5i -20(-1)~~~~~~~~~~~~;[i^2 =-1]\\\\=15+5i +20\\\\=35+5i[/tex]

Last year's computer models are discounted 20%. What was the original price to the nearest dollar of a computer that now costs $1,480?​

Answers

Answer:

$1850

Step-by-step explanation:

If the Original price was $ X , Then

[tex]x - 0.20x \: = 1480[/tex]

[tex]0.8x = 1480[/tex]

[tex]x = 1480 \div 0.8[/tex]

So , X = 1850 dollars .

Hope this helps you !!!

I'm not sure if this is correct, but I got this

Last year’s computer models are discounted 20%. If a computer is on sale for $1,480, what is the original price of the computer rounded to the nearest dollar?

20% = 0.2

1,480 x 0.2 = 296

1,480 + 296 = 1,776

Answer: 1,776

Again, I don't know if this is correct, so don't be 100% sure with my response.

x=y^2+4y+4 solve for y

Answers

Answer:

y=

x

−2

y=−

x

−2, x≥0

y=−

x−2, x≥0

Step-by-step explanation:

6x+3y=13 find the value

Answers

6x+3y=13

6x+3y-13=13--13

6x+3y-13=0

Harry read 1/3 of a book on Saturday and three force of the remainder on Sunday. If he still had 75 pages left how many pages were in the book?

Answers

900

You work backwards;
Since he read 3/4 of the remainder that would be 75 x 4 because 75 was left after 3/4. You would get 300. Then, you would do 300 / (1/3), this is getting the final thing, equals 900.
Hope this helps!

16,40 and 56 LCM
Solve please

Answers

Answer:

pic?

Step-by-step explanation:

send me the picture please

Nick wants to buy a pair of shoes. The original cost of the shoes is $56.75, and the markup is 12 percent. How much will he have to pay for the shoes?

Answers

Answer:

Nick will have to pay $63.56 for the shoes.

Step-by-step explanation:

f the original cost of the shoes is $56.75 and the markup is 12% greater than the original price, the final price would be $63.56.

$56.75 • 0.12 = $6.81

$56.75 + $6.81 = $63.56

$56.75 + 12% = $63.56

Answer:

Nick will have to pay $63.56 for the shoes.

The perimeter of a rectangular field is 314 m.
If the width of the field is 72 m, what is its length?

Answers

Answer:

85m

Step-by-step explanation:

Perimeter of a rectangle = 2(l+b)

b=72m, l=?

perimeter =314m

314=2(l+72)

314/2= l+72

157=l+72

l=157-72

l=85m

I need help solving this problem

Solve for X

Answers

Answer:

x = -7

Step-by-step explanation:

The 2 horizontal lines are parallel as given ion the problem.

The x + 97 angle is congruent to the right angle.

x + 97 = 90

x = -7

the inequality –1 + 6(–1 – 3x) > –39 – 2x.

Answers

Answer:

x > 2

Step-by-step explanation:

-1+6(-1-3x)>-39-2x

-1-6 - 18x > -39 - 2x

-7 - 18x + 2x > -39 - 2x + 2x

-7 - 16x + 7 > -39 + 7

16x / 16 > -32 / 16

x > 2

ANSWER: x < 2
Ok done. Thank to me :>

What is the third number in this sequence?

Answers

Step-by-step explanation:

x = the first number of the sequence

x + (x+1) + (x+2) + (x+3) + (x+4) + (x+5) = 519

6x + 1 + 2 + 3 + 4 + 5 = 519

6x = 504

x = 84

so, the third number is x+2 = 84 + 2 = 86

There are two spheres; the radius of the big sphere is two times the radius of the small sphere. How many times larger is the volume of the big sphere compared to the small one?

Answers

The volume of the bigger sphere is 8 times larger than the volume of the smaller sphere.

The formula of the volume of a sphere is given below

⇒ Formula:

V = 4/3(πr³)................. Equation 1

⇒ Where:

V = Volume of the spherer = radius of the sphereπ = constant called pie

From the question, There are two spheres.

If the radius of the bigger sphere is two times the radius of the smaller sphere.

R = 2r

⇒ Where

R = bigger radiusr = smaller radius

For the bigger sphere

⇒ Substitute these values into equation 1

V = 4/3(π(2r)³)V = 4/3(π8r³)............. Equation 2

  For the smaller sphere,

V' = 4/3(πr³)............... Equation 3

⇒ Comparing equation 2 and equation 3

V = 8V'

Hence, The volume of the bigger sphere is 8 times larger than the volume of the smaller sphere.

Learn more about volume here: https://brainly.com/question/1972490

If sin θ = 1/2 , then find the value of (sin 3 θ)/(1+ cos 2 θ)

Answers

EXPLANATION:

Given that

sin θ = 1/2

We know that

sin 3θ = 3 sin θ - 4 sin³ θ

⇛sin 3θ = 3(1/2)-4(1/2)³

⇛sin 3θ = (3/2)-4(1/8)

⇛sin 3θ = (3/2)-(4/8)

⇛sin 3θ = (3/2)-(1/2)

⇛sin 3θ = (3-1)/2

⇛sin 3θ = 2/2

⇛sin 3θ = 1

and

cos 2θ = cos² θ - sin² θ

⇛cos 2θ = 1 - sin² θ - sin² θ

⇛cos 2θ = 1 - 2 sin² θ

Now,

cos 2θ = 1-2(1/2)²

⇛cos 2θ = 1-2(1/4)

⇛cos 2θ = 1-(2/4)

⇛cos 2θ = 1-(1/2)

⇛cos 2θ = (2-1)/2

⇛cos 2θ = 1/2

Now,

The value of sin 3θ /(1+cos 2θ

⇛1/{1+(1/2)}

⇛1/{(2+1)/2}

⇛1/(3/2)

⇛1×(2/3)

⇛(1×2)/3

⇛2/3

Answer : Hence, the req value of sin 3θ /(1+cos 2θ) is 2/3.

also read similar questions: If sin Θ = 2/3 and tan Θ < 0, what is the value of cos Θ?

https://brainly.com/question/12618768?referrer

if cos θ -sin θ =1, find θ cos θ +sin θ?

https://brainly.com/question/88125?referrer

y = x^2+5x-3
y-x=2

What is the solution of the linear-quadratic system of equations

Answers

Answer:

(-5,-3)

(1,3)

Step-by-step explanation:

Solving with substitution

Set both equations to y =  ...

y = x^2 + 5x - 3

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

y - x =2

y = x + 2

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

Substitute one of the Y's with the other Y = equation.

x + 2 = x ^2 + 5x -3

Set one side to 0

0 = x^2 + 4x -5

x^2 + 4x - 5 = 0

Simplify by factoring

(x-1) (x+5)

Get your X values

x-1 = 0

x = 1

x+5 = 0

x = -5

Plug in each X into one of the equations to get your Y value.

1st X

y = x + 2

y = 1 + 2

y = 3

When X = 1, Y = 3

2nd X

y = x + 2

y = -5 + 2

y = -3

When X = - 5, Y = -3

Your answers are (1,3) and (-5,-3)

One number is eight more than twice another. If their difference is 25, what is the larger
number?
35
42
17

Answers

Answer:

17

Step-by-step explanation:

Let the smaller number = x

Let the larger number = y

y = 2x + 8

y - x = 25                Add x to both sides

y = x + 25               Substitute this into the first equation

x + 25 = 2x + 8       Subtract 8 from both sides

x + 25 - 8 = 2x        Combine

x + 17 = 2x               Subtract x from both sides.

17 = 2x - x                Combine

17 = x

The tree in Manuel’s backyard is 6.8 m high. How high is it in centimeters?

Answers

That is 680 centimeters

Part 1 of 2
O Points
What are the lateral surface area and total surface area of a cylindrical oil storage tank that has a 44-ft diameter and 18-ft height?
The lateral surface area of the cylindrical oil storage tank is
(Round to one decimal place as needed.)

Answers

The Lateral Surface Area of the cylindrical oil storage tank is [tex]2486.9\text{ sq.ft}[/tex]

The Total Surface Area of the cylindrical oil storage tank is [tex]5526.4\text{ sq.ft}[/tex]

If the height and base radius of the cylindrical oil storage tank are represented by [tex]h[/tex] and [tex]r[/tex] respectively, then

The Lateral Surface Area, also known as the Curved Surface Area, of the cylindrical oil storage tank has the formula

[tex]L=2\pi rh[/tex]

The Total Surface Area of the cylindrical oil storage tank has the formula

[tex]T=2\pi rh+2\pi r^2\\T=2\pi r(h+r)[/tex]

The values for the height and base radius are [tex]18ft[/tex] and [tex]22ft[/tex] respectively.

Calculate the Lateral Surface Area

[tex]L=2\pi rh\\=2\times 3.14\times 22\times 18\\\approx 2486.9\text{ sq.ft}[/tex]

Calculate the Total Surface Area

[tex]T=2\pi r(h+r)\\=2\times 3.14\times22(18+22)\\=5526.4\text{ sq.ft}[/tex]

Learn more about the surface area of cylinders here https://brainly.com/question/1037971


A rectangular pool has a length of
4x + 7 feet and a width of 15x - 2 feet. Which
expression represents the perimeter of the
pool?

Answers

P=(15x-2+4x+7)2=(19x+5)2=38x+10

Area =12
X+2
X+4
X =

Answers

Answer:

To find area of the square you'll need to square one side

(3X)^2 = 81

9(X)^2 = 81

(x)^2 = 81/9

x^2 = 9

X = (9)^1/2

X = 3

What's does A equal?​

Answers

Answer:

x = 65

Step-by-step explanation:

2x + 2(2x-15) = 360

2x + 4x - 30 = 360

6x = 390

x = 65

Can someone solve this, please?
AND FAST

Answers

Answer: 40

Step-by-step explanation: yes make me brainlist (its the crown)

HELP

HOW AM I MEANT TO ANSWER THIS QUESTION I WOULD ASO LIKE ANSWER.

THX

100 points on the line

Answers

Answer:

x = 7 & y = 8

Step-by-step explanation:

We know that

Mean = Sum of terms/Total terms

=> Mean = 4 + 6 + x + y + 10/5

=> Mean = 20 + x + y/5

Now,

Median = (n + 1)/2

=> Median = (5 + 1)/2

=> Median = 6/3

=> Median = 3rd term = x

So,

x = 20 + x + y/5

x × 5 = 20 + x + y

5x = 20 + x + y

5x - x = 20 + y

4x = 20 + y

Since x and y are in order so,

Possible outcomes will be 7,8 & 9

(7,8) & (8,9) & (7,9)

Taking x = 7 and y = 8

4(7) = 20 + 8

28 = 28

Hence,

x = 7 and y = 8

Answer:

y=7 x=8

Step-by-step explanation: hope you do well in school

Which triangle is a 30°-60°-90° triangle?

Answers

Answer:

-90

Step-by-step explanation:

it's right

Answer:

The first one.

Step-by-step explanation:

I took the quiz and got a 100, hope this helps :))

Pls help fast i will mark brainlyest

Answers

m || nTherefore, the alternate angles are equal.Therefore, (7x - 3)° = (6x + 17)°or, 7x° - 6x° = 17° + 3°or, x° = 20°or, x = 20

Answer:

x = 20

Hope you could get an idea from here.

Doubt clarification - use comment section

Hi need help for this maths question

Answers

a) If f(y) is a probability density function, then both f(y) ≥ 0 for all y in its support, and the integral of f(y) over its entire support should be 1. eˣ > 0 for all real x, so the first condition is met. We have

[tex]\displaystyle \int_{-\infty}^\infty f(y) \, dy = \frac14 \int_0^\infty e^{-\frac y4} \, dy = -\left(\lim_{y\to\infty}e^{-\frac y4} - e^0\right) = \boxed{1}[/tex]

so both conditions are met and f(y) is indeed a PDF.

b) The probability P(Y > 4) is given by the integral,

[tex]\displaystyle \int_{-\infty}^4 f(y) \, dy = \frac14 \int_0^4 e^{-\frac y4} \, dy = -\left(e^{-1} - e^0\right) = \frac{e - 1}{e} \approx \boxed{0.632}[/tex]

c) The mean is given by the integral,

[tex]\displaystyle \int_{-\infty}^\infty y f(y) \, dy = \frac14 \int_0^\infty y e^{-\frac y4} \, dy[/tex]

Integrate by parts, with

[tex]u = y \implies du = dy[/tex]

[tex]dv = e^{-\frac y4} \, dy \implies v = -4 e^{-\frac y4}[/tex]

Then

[tex]\displaystyle \int_{-\infty}^\infty y f(y) \, dy = \frac14 \left(\left(\lim_{y\to\infty}\left(-4y e^{-\frac y4}\right) - \left(-4\cdot0\cdot e^0\right)\right) + 4 \int_0^\infty e^{-\frac y4} \, dy\right)[/tex]

[tex]\displaystyle \cdots = \int_0^\infty e^{-\frac y4} \, dy[/tex]

[tex]\displaystyle \cdots = -4 \left(\lim_{y\to\infty} e^{-\frac y4} - e^0\right) = \boxed{4}[/tex]

A Quadrilateral ABCD is rotated 55° about point R to create quadrilateral A' B'C'D'. QUICK. PLEASE

Answers

Answer:

2.8

Step-by-step explanation:

Answer:

Step-by-step explanation:

2.8 units

when the height of a rectangular prism was halved, the volume was 168 cubic cm. if the original prism had a length, width, and height of consecutive integers, increasing in that order,

(a) write and equation to solve for the length, x, of the original figure,
(b) solve length, x,
(c) show that the equation is unique
show all work.​

Answers

a) The equation is therefore; x³ + 3x² + 2x = 336

b) Solving for the length, we get the length to be; x = 6.

c) All workings are as shown below;

According to the question;

When the height of a rectangular prism was halved, the volume was 168 cubic cm.

In essence, the volume of the original prism is;

Volume = 168 × 2.

Volume = 336cm³

Since, the original prism had a length, width, and height of consecutive integers, increasing in that order.

Therefore, length = x

width = (x +1)

height = (x +2)

Volume = x (x+1) (x+2) = 336

a) The equation is therefore;

x³ + 3x² + 2x = 336

b) Solving for the length, x is as follows;

(x-6) (x² + 9x + 56) = 0

By testing values and checking;

Upon solving the polynomial, x = 6.

c) All workings are as shown above.

Read more on cubic equation:

https://brainly.com/question/8878887

A calf weighs 18 lbs. when it is 2 months old, and after 8 months it weighs 36 lbs.
Let x be the calf's age and y be the weight.
a. Write an equation in slope-intercept form that represents the situation.

Answers

The equation in slope-intercept form that represents the situation is y = 3x + 12

A linear equation is on the form:

y = mx + b

where y, x are variables, m is the rate of change and b is the initial value of y.

Let x be the calf's age in month and y be the weight.

A calf weighs 18 lbs. when it is 2 months old, and after 8 months it weighs 36 lbs. Hence it can be represented by:

(2, 18) and (8, 36). The equation is given by:

[tex]y-y_1=\frac{y_2-y_1}{x_2-x_1} (x-x_1)\\\\y-18=\frac{36-18}{8-2}(x-2) \\\\y=3x+12[/tex]

The equation in slope-intercept form that represents the situation is y = 3x + 12

Find out more on linear equation at: brainly.com/question/14323743

Other Questions
plss help me with this:((( Find the square (8m-7)^2 What are the five different types of leaves? Subject: science Can you name the voice types that are common in a choral octavo? What does each mean? The Earth and Moon have different geologic processes. Select the geologic processes that are responsible for the Earth's continuous deformation and Formation. (Select all that apply)Constant meteor impacts Erosion Plate tectonics Volcanic activity Solar energy What is the molarity of a solutionmade by dissolving 67.3 g of lithiumchloride (LiCl) in enough water tomake 2.37 L of solution?Molar Mass Li: 6.94 g/molMolar Mass Cl: 35.45 g/mol pls answer dont scam Please answer. I will give brainliest to the best answer Rewrite, or "translate," a large paragraph from Virginia Woolf's A Room of One's Own. Instead of writing in the same style as Woolf, however, use formal, conventional language. You must not, however, change the original meaning. Finally, write a few sentences about the differences between your "translation" and the original Woolf passage. NO LINKSSelect the correct answer.In which situation is chemical energy being converted to another form of energy?A. a lamp plugged into the electric gridB. a fluttering flagC. a floating wooden logD. a burning candle how was education viewed in the new rome answer this for a kiss. add my disc ! juju#0001 QUESTION 21 PLEASE HELPPP Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay: federal tax from the following table Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay state tax that is 21% of her federal tax Determine how Marilyns net pay will be affected if she increases her federal withholding allowances from 3 to 4. A. Her net pay will increase by $15. 0. B. Her net pay will decrease by $15. 0. C. Her net pay will increase by $18. 15. D. Her net pay will decrease by $18. 15. can some pls help me ? quadratic interest rate volatility and inflation hedge Why was the middle colonies climate important Express the following surds in the simplest forma)[tex] \sqrt{128} [/tex]b)[tex] \sqrt{48} [/tex]c)[tex] \sqrt{300} [/tex] What is the value of x in the equation 4 .+2 Rewrite in simplest terms: (-9x + 7y) - (-9x + 5y)