20 points!!!!!!!

Shawn has a bank account with $3,069. He decides to invest the money at 3.25% interest, compounded annually. How much will the investment be worth after 5 years? Round to the nearest dollar.

Answers

Answer 1
The value of his investment at the third year is
F (3)=300×(1.02)^(3)=318.36

The value of his investment at the fifth year is
F (5)=300×(1.02)^(5)=331.22

The average rate of change of the value is
(331.22−318.36)÷2 years=6.43 per year
Answer 2

The investment worth after 5 years to the nearest dollar will be $3601.

What is compound interest?

We know that the compound interest is given as

A = P(1 + r)ⁿ

Where A is the amount, P is the initial amount, r is the rate of interest, and n is the number of years.

Shawn has a bank account with $3,069. He decides to invest the money at 3.25% interest, compounded annually.

The worth of investment after 5 years is calculated as,

A = $3,069 x (1 + 0.0325)⁵

A = $3,069 x 1.0325⁵

A = $3,069 x 1.1734

A = $3601

The investment worth after 5 years to the nearest dollar will be $3601.

More about the compound interest link is given below.

https://brainly.com/question/25857212

#SPJ3


Related Questions

Is a triangle with side lengths of 10, 11, 14 a right triangle?

Answers

Answer:

no

Step-by-step explanation:

A right triangle has a formula a^2+b^2=c^2 with c being the longest side (hyponotuse). 10 squared is 100, 11 squared is 121, so add those and get 221. 14 squared is only 196 which is not equal to 221 so it is not a right triangle

Answer:

Yes

Step-by-step explanation:

There are 19 birds in a pond, all of which are ducks or geese. If the number of ducks in the pond is 1 more than twice the number of geese in the pond, how many geese are in the pond?

A. 6

B. 9

C. 10

D. 13

Answers

d I think d

Step-by-step explanation:

yayasjsjamaaak

101 divided by 2 plus 4

Answers

Answer:

54.5

Step-by-step explanation:

Answer:

54.5

Step-by-step explanation:

Hope this helps!! Do you need it in a fraction?

Someone please help!!! It doesn’t make sense!! Find the value of 1/2 divided by 1/3. (A 1 and 1/2) (B 1 and 1/3) (C 1 and 2/3) that’s the options I have please help!!!

Answers

Answer:

A

Step-by-step explanation:

1/2 ÷ 1/3

Copy dot flip

1/2 × 3/1

1 × 3 / 2 × 1

3 / 2

3/2

Convert 3/2 into mixed number:

3/2 -> 1 1/2 because 3 fits into 2 evenly once, which leaves 1 remaining (for the denominator)

Please help me solve the problem

Answers

Answer:

X = 44

Step-by-step explanation:

That square means that the angle is 90°, therefore you can subtract 46 from 90 to find x

90 - 46 = 44

Answer:

44

Step-by-step explanation:

That is a right angle so we just need to subtract 46 from 90, and 90-46 is 44. So 44 is the missing angle

Pls brainliest :D


Evaluate the polynomial function when H=3
f(h)=4h^3-3h^2+5h-16

Answers

Answer:

80

Step-by-step explanation:

f(3)=4(3)^3-3(3)^2+5(3)-16

f(3)=4(3*3*3)-3(3*3)+15-16

f(3)=4(27)-3(9)+15-16

f(3)=108-27+15-16

f(3)=81+15-16

f(3)=96-16

f(3)=80

Find the equation of Y+9=13​

Answers

Answer:

Y = 4

Step-by-step explanation:

Y = 13 - 9Y = 4

that's all

the social studies teacher wants to know whether the students in the entire school prefer a model United Nations activity or a student government activity. The teacher draws a random sample from the following groups: All teachers in the school All boys in each grade All students in each grade All students in the social studies club Which group best represents the population he should take a random sample from to get the best results for his survey? ) Select one:
a. All teachers in the school
b. All boys in each grade
c. All students in each grade
d. All students in the social studies club
PLEASE HELP ME

Answers

C bc all of the students school wide need to be represented
C bc all the students school wide need to be represented

2|5-10|-|-3| please provide a step by step explanation (:

Answers

[tex]\sf\purple{B.\:7}[/tex] ✅

Step-by-step explanation:

[tex]2 |5 - n| - | - 3| \\ = 2 |5 - 10| - 3 \\ = 2 \times 5 - 3 \\ = 10 - 3 \\= 7[/tex]

[tex]\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘[/tex]

I really need help on this problem I'm struggling please show me how to do it show WORK, please
14.4 = -2.4b

Answers

Answer:

b = -6

Step-by-step explanation:

14.4 = -2.4b (swap the sides of the equation)

-2.4b = 14.4 (divide both sides of the equation by -2.4)

b = -6

complete the simplified ratio:
0.2 : 3.75

Answers

Answer:

1: 18.75

Step-by-step explanation:

We multiply both sides by 5.

What is 0.2 percent (calculated percentage %) of number 3.75? Answer: 0.0075.

Pryia and 3 friends go out to dinner and split the cost equally. The meal costs $98, tax is 9% and they leave a 20% tip based the cost of the meal. How much money does Pryia need?

Answers

Answer:

$42.14

Step-by-step explanation:

Given data

Cost of meal= $98

tax= 9%

Tip= 20%

Let us find the amount of the tax and the tip

Tax

=9/100*98

=0.09*98

=$8.82

Tip

=20/100*98

=0.2*98

=$19.6

Hence the total amount paid is

=98+8.82+19.6

=126.42

The amount paid by Pryia

=126.42/3

=$42.14

Find the circumference and area of the circle. Use 3.14 for π. Round to the nearest hundredth if necessary.
13m.

Answers

Answer:

81.64

Step-by-step explanation:

Answer:

Step-by-step explanation:

Please be explicit in labeling the radius.   I will assume y ou meant r = 13 m.

Circumference formula:  C  = 2πr; area formula:  A = πr²

Here, with r = 13 m, C = 2π(13 m) = 26π m = C = 81.68 m

and

with r = 13 m, A = π(13 m)^2 = 169π = A = 530.93 m^2

-2(+3)+4x-4=-14
solve for x pleaseeee

Answers

Answer:

-2(3) + 4x -4 =-14

-6 + 4x -4=-14

4x = -14 + 6 + 4

4x = -4

x=-1

To verify this...Input -1 into the original equation... You'd get -14

please help me I can't seem to get it

Answers

Answer:

I think (c) is the correct answer.

Step-by-step explanation:

The diagonals bisect each other.

Answer: The diagonals are congruent

Step-by-step explanation: (if this is wrong I am sorry) There are Different Types of Quadrilaterals

Trapezium.

Parallelogram.

Rectangle.

Rhombus.

Square.

Kite.

If this is wrong I am very sorry

How can I solve for x?

Answers

Answer:

37 degrees

Step-by-step explanation:

The angles within a triangle always add up to 180 degrees. Right angles are always 90 degrees. 53 + 90 = 143 degrees. 180 - 143 = 37 degrees

37 is the answer, so you know that 53 is one of the angles given and there is a 90 degree angle, so all you do is 53+90=180, then you get 143=180, then subtract 180-143=37 and the real answer is 37. Hope this helps!! :)

Plz help! 20 points, correct answer will be marked brainliest :)
Miguel made 6 bracelets each day to sell at a craft fair. The function f gives the total number of bracelets Miguel made in x days. Which of the following could define f ?

Answers

Answer:

D) f(x) = 6x

Step-by-step explanation:

Mitch made a dot plot of the number of hours that students in his grade spent this week watching television.


Use the data to choose True or False for each statement.



Dot plot named as


A typical student from this group spends more than 10 hours watching television each week.


More students watch 3 hours of television than watch more than 3 hours of television.


All students watch 20 or fewer hours of television each week.


The most common answer for the number of hours that a student watches per week was 3.

Answers

Answer:

Part A

False

Part B

True

Part C

True

Part D

True

Step-by-step explanation:

A scatter diagram created with MS Excel shows the data as on the dot plot in a similar question obtained online

The number of students in the group = 92

Part A

The number of students that spend more than 10 hours watching television = 39

Therefore, given that less than half of the student spend more than 10 hours watching television, the statement is false

Part B

The number of students that watch 3 hours of television is the highest than any other time range with 16 students, therefore, the statement is true

Part C

The maximum hours watched by a student in the dot plot is 20 hours, therefore, the statement is true

Part D

The number of hours for which the student watched and which has the highest frequency is 3 hours, therefore, the statement is true as more students have 3 hours as the number of hours watched (16 students) than any other number of hours

The speed of light is about 1.1 x 10^12 meters per hour. What is the number in meters per minute?

Answers

Answer:

Mansah obtained 150 mark out of 240 mark in an English test .what was her percentage score

Please help, I’ll mark as brainliest!! The picture is above :)

Answers

Answer:

Isolate the variable by dividing each side by factors that don't contain the variable

Exact Form:

x = - 25/8 [tex]\frac{x}{y}[/tex]

Decimal Form:

x = -3.125

Mixed Number Form:

x = - 3/1/8 [tex]\frac{x}{y}[/tex]

Step-by-step explanation:

need help. asap. also need an explanation for the problem. :)

Answers

Answer:

124858

Step-by-step explanation:

The first 4 digits are simple, you multiply the first digit of the equation by the 2nd digit and then for the other 2 you multiply the first digit of the equation by the 3rd digit.

6 + 2 + 8

6 * 2 = 12

6 * 8 = 48

Then the last 2 digits are the sum of the products of the 1 and 2 and 1 and 3 and subtract it by the 2

12 + 48 = 60

60 - 2 = 58

Put them together

1.) Oranges are on sale this week for 10% off. Oranges normally costs $1.80
per pound. If Aiden wants to buy 5.5 lbs of oranges this week, how much
will he pay?

Answers

Answer: $8.91

Step-by-step explanation:

A horizontal line passing through the point (-15,12)

Answers

Answer:

this is your answer........

Someone solve this for me please

Answers

Answer:

answer is 9.5 I hope you understand what I wrote

what is the area of this polygon on a coordinate plane ​

Answers

Answer:

16 sq units

Step-by-step explanation:

the area of the polygon =

(4×3)+(½×4×2)

= 12+4

= 16 sq units

Please help and please no links

Answers

120.

Trust me.  It is correct using a formula.

Pls answer quick I will name brainliets

Answers

Answer:

I'm sorry I don't know the answer to it

Share 180 in the ratio 3:2:1 *

Answers

Answer:

Ratio = 3:2:1

Let the Values be 3x:2x:x

3x+2x+x=180

=> 6x=180

=> x =180/6

=> x = 30

3×30=90

2×30=60

1×30=30

A car wheel has a diameter of 27.1". How far will the car go when the wheels rotate 100 times?

Answers

Answer:

135.5"

Step-by-step explanation:

Answer:

8509.4

Step-by-step explanation:

The diameter has already been displayed so what I could simply do is solve the equation simply by using the formula for circumference using diameter (C=3.14 x 27.1) and that will get me 85.094 but thats how far it will get if it rotates 1 times so we must multiply it by 100 and move the decimal point 2 digits to the right and the final answer is 8509.4. 8509.4 (no mathematical unit) is how far the car can go when the wheels have a diameter of 27.1 and rotates 100 times.

i need help please !!!

Answers

Answer:

1. it is given

2. the definition of angle bisector

3. the reflexive property

4. SAS

5. corresponding parts of congruent triangles are congruent

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