Austin and carly despoit 500.00 into a savings account which earns 1% interest compounded monthly they want to use the money in the account to go on a trip in 2 years how much will they be able to spend

Answers

Answer 1

EXPLANATION

Let's see the facts:

Austin and Carly deposit: $500

Interest rate= 1%

Compounding period = monthly

Total number of years = 2

Given the Compounding Interest Rate formula:

[tex]\text{Compound amount = P (1+r/n)\textasciicircum{}nt}[/tex]

n is the compounding period

t is the number of years

r is te interest rate in decimal form

Replacing the given values will give us:

[tex]\text{Compound amount = 500 (1+}\frac{0.01}{12})^{12\cdot2}[/tex]

Solving the power:

[tex]\text{Compound amount = 500 }\cdot1.020192843[/tex][tex]\text{Compound amount = \$510.09}[/tex]

Answer: Austin and Carly will be able to spend $510.09.


Related Questions

Camden, a florist, is dividing 56 flowers equally into 8 bouquets. He uses division to find that he can put 7 flowers in each bouquet. Which subtraction equation could he use to check his answer?

Answers

The subtraction equation that Camden could use to check his answer is, x = 56 - 8 x 7.

What is a subtraction equation?

A subtraction equation is an equation, which is a mathematical statement that two mathematical expressions share equality, which involves the use of the subtraction operation.

The result of a subtraction operation is known as the difference.  The other parts of a subtraction operation are the minuend and the subtrahend.

The total number of flowers for the bouquets = 56

The number of bouquets = 8

The number of flowers for each bouquet = 7 (56/8)

Check:

x = 56 - 7 x 8

x = 56 - 56

x = 0

To check if the answer is correct, Camden should multiply 7 by 8 and then subtract the product from 56.

Thus, the difference in the subraction equation x = 56 - 8 x 7 that Camden used is zero, showing that his earlier division operation was correct.

Learn more about equations at https://brainly.com/question/2972832

#SPJ1

Aaquib can buy 25 liters of regular gasoline for $58.98 or 25 liters of permimum gasoline for 69.73. How much greater is the cost for 1 liter of premimum gasolinz? Round your quotient to nearest hundredth. show your work :)

Answers

The amount by which the cost of 1 liter of permimum gasoline is greater is $0.43.

By how much is permimum gasoline greater?

The first step is to determine the cost of 1 liter of each type of gasoline. In order to determine the cost of 1 liter, divide the total cost by the number of liters of gasoline bought.

Cost of 1 liter of gasoline = total cost / total liters bought

Cost of 1 liter of regular gasoline = $58.98 / 25 = $2.36

Cost of 1 liter of permimum gasoline = $69.73 / 25 = $2.79

Difference in price = $2.79  - $2.36 = $0.43

To learn more about cost, please check: https://brainly.com/question/25717996

#SPJ1

How do I Graph the line with the given slope m and y-intercept b.
M=-4/3,b=2

Answers

So first start at the y-intercept which is also “b”
Then look at your slope “m” and the top is the vertical movement and the denominator is the horizontal movement. So to solve this, you start at (0,2) and you have two choices, to go down 4 and right three OR up 4 left 3.
Remember: if the slope a integer, the denominator is one so you can move left or right one according

can you help me with discount tax tip and markup

Answers

Answer:

Final Price = $24.5

Explanation:

To found the final price, we first need to find 30% of $35 as follows:

[tex]35\times30\text{ \% = 35}\times\frac{30}{100}=10.5[/tex]

So, there will be a discount of $10.5

Then, the final price will be the original price less the 30% of $35, so the final price will be equal to:

Final Price = Original Price - Discount

Final Price = $35 - $10.5

Final Price = $24.5

So, the answer is $24.5

how much of each ingredient would you need to make an identical recipe that serves 8 people explain your reasoning

Answers

LITERS OF SODA

24 people calls for 4 liters of lemon soda

18 people calls for x liters of lemon soda

24 people = 4 liters

18 people = x

cross multiply

24x = 72

Divide both-side of the equation by 24

x = 3

18 peoples calls for 3 liters of soda

PINT OF SHERBET

24 people calls for 2 pint of sherbet

18 people calls for x pint of sherbet

24 people = 2 pint

18 people = x

cross-multiply

24x = 36

Divide both-side of the equation by 24

x =1.5

18 peoples calls for 1.5 pint of sherbet

CUPS OF RICE

24 peoples calls for 6 cups of rice

18 people calls for x cups of rice

24 people = 6 cups of rice

18 people = x

cross multiply

24x = 108

Divide both-side of the equation by 24

x=4.5

18 people calls for 4.5 cups of rice

Hence, 18 people calls for; 3 liters of soda, 1.5 pint of sherbet and 4.5 cups of rice

molly has 12 stickers 1/3 of her stickers are blue exactly how many stickers are not blue

Answers

Answer:

8 stickers

Step-by-step explanation:

beacuse 1/3 =4 4x3 =12  12-4=8 here you go:)

<1 and <2 are complementary angles. the measure of <1 is 55°. the measure of <2 is 5(x+1)°.find the value of x.

Answers

Answer:

Step-by-step explanation:

Answer 29

1/4×3/2×8/9 whats the answer?

Answers

Multiply the given fractions to find the answer, use the given example:

Now, solve the given multiplication:

[tex]\frac{1}{4}\cdot\frac{3}{2}\cdot\frac{8}{9}=\frac{1\cdot3\cdot8}{4\cdot2\cdot9}=\frac{24}{72}=\frac{1}{3}[/tex]

The answer is 1/3.

A) equation in center radius form B) equation in general form

Answers

The equation of a circle in center-radius form, is:

[tex](x-h)^2+(y-k)^2=r^2[/tex]

-Where the coordinates of the center of the circle are (h,k) and the radius of the circle is r.

From the given graph, we can see that the coordinates of the center are (-2,4) and the radius of the circle is 2.

a)

To determine the equation of the circle in center-radius form, replace h=-2, k=4 and r=2

[tex]\begin{gathered} \Rightarrow(x-(-2))^2+(y-(4))^2=2^2 \\ \Rightarrow(x+2)^2+(y-4)^2=4 \end{gathered}[/tex]

Therefore, the equation of the circle in center-radius form is:

[tex](x+2)^2+(y-4)^2=4[/tex]

b)

To find the equation of the circle in general form, expand the parentheses and take all the terms to the left member:

[tex]\begin{gathered} (x+2)^2+(y-4)^2=4 \\ \Rightarrow x^2+2(2)(x)+(2)^2+y^2-2(4)(y)+4^2=4 \\ \Rightarrow x^2+4x+4+y^2-8y+16=4 \\ \Rightarrow x^2+4x+y^2-8y+20=4 \\ \Rightarrow x^2+4x+y^2-8y+20-4=0 \\ \Rightarrow x^2+4x+y^2-8y+16=0 \end{gathered}[/tex]

Write the quadratic terms first:

[tex]\Rightarrow x^2+y^2+4x-8y+16=0[/tex]

Therefore, the equation of the circle in general form, is:

[tex]x^2+y^2+4x-8y+16=0[/tex]

Find the average rate of change of the following function from t = 1 to t=2.5h(t) = 148 – 16t

Answers

The average rate of change of the function from t=1 to t=2.5 is given by:

[tex]\frac{h(2.5)-h(1)}{2.5-1}=\frac{h(2.5)-h(1)}{1.5}[/tex]

It is given that:

[tex]\begin{gathered} h(t)=148-16t \\ h(2.5)=148-16\times2.5=108 \\ h(1)=148-6=142 \end{gathered}[/tex]

Substitute the values to get:

[tex]\frac{h(2.5)-h(1)}{1.5}=\frac{108-142}{1.5}=\frac{-68}{3}\approx-22.6667[/tex]

Hence the rate of change is -22.6667.

Choose all true inequalities from the list below.3 < 8-8 < -3-5 < -2118 > 4

Answers

ANSWER and EXPLANATION

We want to identify which of the inequalities are correct.

For the inequality to be correct, the left and right-hand sides of the inequality must agree with

in a 30 60 90° triangle giving the short leg equals 5 find a hypotenuse of the triangle

Answers

To answer this question we need to remember that the longest and shortest side in any triangle are always opposite to the largest and smallest angle, respectively.

With this in mind we can draw the triangle:

Now, we need to find the hypotenuse. To do this we can use the cosine function for the angle 60. Remember that the cosine function is given as:

[tex]\cos \theta=\frac{\text{adj}}{\text{hyp}}[/tex]

In this case we have that:

[tex]\begin{gathered} \cos 60=\frac{5}{\text{hyp}} \\ \text{hyp}=\frac{5}{\cos 60} \\ \text{hyp}=10 \end{gathered}[/tex]

Therefore the hypotenuse is 10.

Using the Distributive Property, which of the following expressions are equivalent to 7 x 6? Select all that apply. A. (6 x 7)+(6 x 7)
B. (5×6) + (2 × 6)
C. (7 x 6) + (1 x 6)
D. (7 x 6) + (2 x 6)
E. (2 x 6)+(5 x 6)

Answers

By using the Distributive Property, the equivalent expression to 6 x 7 is option (B) (5 x 6) + (2 x 6) and option (E) (2 x 6) + (5 x 6).

Distributive property:

The distributive Property defines that when a factor is multiplied by the addition of two terms, it is essential to multiply each of the two numbers by the factor, and finally perform the addition operation.

This property can be stated symbolically as:

A ( B+ C) = (A x B) + (A x C)

Where A, B and C are three different values.

Given,

Here we have the expression 7 x 6.

Now, we need to find the equivalent expression by using the distributive expression.

AS per the definition of distributive property,

First we have o identify in which term is got separated,

Here they separated the term 7.

So, there three way for dividing it,

They are,

6 + 1 = 7

2 + 5 = 7

3 + 4 = 7

Based on these, we have two way to write the expression,

one is,

(5 x 6) + (2 x 6)

Another way is,

(2 x 6) + (5 x 6)

So, the correct options are option (B) and (E).

To know more about Distributive property here.

https://brainly.com/question/5637942

#SPJ1

A ladder that is 55 meters in length is resting on a branch of a tree, and the base of the ladder is 33 meters from the tree on the level ground. How high up is the branch on which the ladder is resting?

Answers

the diagram of situation is given as follows

so by using the right-angle property.

[tex]x^2+33^2=55^2[/tex][tex]\begin{gathered} x^2=3025-1089=1936 \\ x=\sqrt[]{1936} \end{gathered}[/tex][tex]x=44[/tex]

so the height of the tree is 44

A satellite dish is the shape of a paraboloid. The dish is 42 inches wide, and 10 inches
deep. How many inches should the receiver be located from the vertex for optimal
reception? (round to the nearest thousandth)

Answers

The receiver is situated 44.24 inches from the vertex, is the correct response.

Define parabola.

Any point on a parabola is at an equal distance from both the focus, a fixed point, and the directrix, a fixed straight line. A parabola is a U-shaped plane curve. The topic of conic sections includes parabola, and all of its principles are discussed here. A parabola is an approximately U-shaped, mirror-symmetrical plane curve in mathematics. It corresponds to a number of seemingly unrelated mathematical descriptions, all of which can be shown to define the same curves. A parabola can be described using a point and a line.

Observe the illustration below. It depicts the paraboloid's vertical cross-section through its axis of symmetry.

Make the origin of the parabola the vertex.

Then, it has the equation y = bx².

The parabola crosses via (21,10), therefore

10 = b(21²)  

= 0.0226

because

Its equation is y =0.0226²

For best reception, the receiver should be positioned at the paraboloid's focus point.

The focus has a y-coordinate of

a = 1/(4b)

= 1/0.0226

= 44.24 in

The receiver is situated 44.24 inches from the vertex, is the correct response.

To learn more about parabola, visit:

https://brainly.com/question/21685473

#SPJ13

how many cheese pizzas can the girls buy if they pool all their money together? inequality form for each scenario. CHEESE PIZZA IS 7.25 DOLLARS.

Answers

Since we have 5 girls and their parents give each other $10, they have in total $50.

Now, let x be the number of pizzas they buy, since each pizza cost $7.25 the total cost for x pizzas is:

[tex]7.25x[/tex]

this should be less or equal to $50 (otherwise the girls go over budget), then the inequality that represents this situation is:

[tex]7.25x\leq50[/tex]

Now, solving the inequality we get:

[tex]\begin{gathered} 7.25x\leq50 \\ x\leq\frac{50}{7.25} \\ x\leq6.9 \end{gathered}[/tex]

Therefore, they can buy a maximum of 6 pizzas without going over budget.

what is the domain of this exponential function y=2x-8+2

Answers

The given function is

[tex]y=2^{x-8}+2[/tex]

The domain is all real numbers, but the range would be all the real numbers greater than 2 because the function approximates to y = 2.

Hence, the answer is the first option.

Vera cut a piece of fabric into 5 equal-length pieces. Then she cut another 3 centimeters off one piece, leaving 6 centimeters of fabric. How many centimeters long was her original piece of fabric? Write two equations with letters for the unknowns. Solve.

Answers

We have

fabric cut into 5 equal -length pieces

she cut 3 cm

l=length of one piece of the 5 equals pieces

l=6+3

l=9

the original piece of fabric is

o= length of the original fabric

o=5l

o=5(9)

o=45 cm

the original piece of fabric is 45 cm

Hey there Mr or Ms could you help me out here with this problem? Just a head up this isn't a quiz, it's my homework assignment for today it's about Squares and Rhombi.

Answers

please see the attched figure o better understand the problem

Applying the Pythgorean Theorem

d^2=b^2+b^2

we have

b=10 units

substitute

d^2=10^2+10^2

d^2=100+100

d^2=200

[tex]d=\sqrt[]{200}[/tex]

simplify

[tex]d=10\sqrt[\text{ }]{2\text{ }}\text{ units}[/tex]

the diagonal is

[tex]d=10\sqrt[\text{ }]{2\text{ }}\text{ units}[/tex]

Adele opens an account with $140 and deposits $35 a month. Kent opens an account with $50 and also
deposits $35 a month. Will they have the same amount in their accounts at any point? If so, in how many
months and how much will be in each account? Complete the explanation.
have the same amount in their accounts at a certain point. Setting the expressions equal
which is (select)
and solving them gives 140=
They (select)
to each other gives 140 + 35x =
View Exampl
Step-by-Stepm
Textbook
Print
Turn it in
Save & Close

Answers

Answer: No

Step-by-step explanation:

If Adele opens an account with more money than Kent, and they deposit the same amount each month, Adele will always have more money than Kent.

I need help, I don’t know which one would have factors of 5x-8

Answers

In this case, we'll have to carry out several steps to find the solution.

Step 01:

data:

factor:

5x - 8

Step 02:

difference of squares:

(5x - 8)(5x + 8) = 25x² - 64

The answer is:

25x² - 64

In the similaritytransformation of AABCto ADEF. ABC was dilatedby a scale factor of 1/2reflected across the !? 1,and moved through thetranslation [1.

Answers

Solution: C. Y-Axis

Analysis: In this case, the triangle is reflected across the Y-Axis. That's the reason why the triangle changes the orientation of the initial triangle.

Example: Point B reflects Point E. X=2 to X=-2. And the value of Y stands.

A-32-10A. 20-C?LBDIn the similaritytransformation of AABCEto AEDF, AABC was dilated bya scale factor of [?], reflectedacross the [ ], and movedthrough the translation [ ].B. 1/23 4F 5 Find the answer to all three missing boxes

Answers

To find the scale factor use the next formula:

[tex]sf=\frac{dimension\text{ }new\text{ }shape}{dimension\text{ }original\text{ }shape}[/tex]

Use dimension of corresponding sides AB and ED:

[tex]sf=\frac{2}{4}=\frac{1}{2}[/tex]Then, the scale factor is 1/2

___________After the dilation the figure is reflected across the y-axis

_____________

Then, the triangle is translated one unit to the right and 3 units up [+1,+3] or [1,3]

A library give every employee a $500 bonus. What effect, if any does it have on(a) mean (b) median (c) mode (d) Standard division

Answers

The mean is the

sum of salaries/number of employees

Assuming the salaries of 5 employees were

1000, 2000, 3000, 4000, 4000

Mean = (1000 + 2000 + 3000 + 4000, 4000)/5 = 2800

If we add a bonus of $500 to each, we have

1500, 2500, 3500, 4500, 4500

Mean = (1500 + 2500 + 3500 + 4500 + 4500)/5 = 3300

Thus, the mean increases

The median is the middle value

The middle value was 3000, the new median is 3500

The median increases

The mode is the value with the highest frequency. The former mode is 4000. The new mode is 4500

the mode increases

The standard deviation is how far the values are from the mean

Standard deviation = Square root of the square of (each value - mean)/ number of values. Thus, we have

[tex]undefined[/tex]

14 Tom can whitewash a fence alone in 4 hours, and Huck can whitewash the same fence in 5 hours working by himself. Tom whitewashes with Huck for 1 hour and then leaves. How long will it take Huck to finish whitewashing the fence?

Answers

Given:

Time it takes Tom = 4 hours

Time it takes Huck = 5 hours

Tom then whitewashes with Huck for 1 hour and then leaves.

Let's find how long it will take Huck to finish whitewashing the fence.

We have:

Tom's rate = 1/4

Huck's rate = 1/5

Total rate:

[tex]\frac{1}{4}+\frac{1}{5}=x[/tex]

Now, let's find the time it will take them to whitewash together.

[tex]\begin{gathered} \frac{1}{T}=\frac{5+4}{20} \\ \\ \frac{1}{T}=\frac{9}{20} \\ \\ T=\frac{20}{9} \\ \\ T=2.22 \end{gathered}[/tex]

It will take them 2.22 hours to whitewash together.

Now they both whitewash together for 1 hour before Huck leaves.

We have:

[tex]2.22-1=1.22[/tex]

When Huck leaves after one hour, the time left for both of them to finish together is 1.22 hours.

Since only Huck will finish whitewashing the fence, the time it will take him will be:

[tex]5(1-\frac{1.22}{2.22})=2.25[/tex]

Therefore, it will take Huck to finish whitewashing the fence is 2.25 hours.

ANSWER:

2.25 hours

In 2002, the population of Isosceles City was 200,000. If expected growth is 10% per year, what will the expected population be in 2010?

Answers

The expected population in [tex]2010[/tex] will be [tex]428,717.762[/tex].

In [tex]2002[/tex] the population of Icosceles city was [tex]200,000[/tex].

The expected growth per year [tex]=10%[/tex]%

We have to find the expected population in [tex]2010[/tex].

From [tex]2002[/tex] to [tex]2010[/tex] the total years are [tex]8[/tex].

Since the population is increased every year so the population of previous year added. So we can see that the population is increased compound. We can find the total population by multiplying the population in 2002 with the rate assembled by one. So we can use the formula

Total population in [tex]2010=[/tex]Population in [tex]2002(1+\frac{rate}{100})^{year}[/tex]

Total population in [tex]2010=[/tex] [tex]2010=200,000(1+\frac{10}{100})^{8}[/tex]

Total population in [tex]2010=200,000(1+\frac{1}{10})^{8}[/tex]

Total population in [tex]2010=200,000(\frac{11}{10})^{8}\\[/tex]

Total population in [tex]2010=200,000(\frac{214,358,881}{100000000} )[/tex]

Total population in [tex]2010=200,000(2.14,358,881)[/tex]

Total population in [tex]2010=428717.762[/tex]

To learn more about compound formula here link

https://brainly.com/question/13307568

#SPJ1

Find the degree of the polynomial.2x6 − 4x2 + 3x − 1

Answers

Given:

There are given the equation:

[tex]f(x)=2x^6-4x^2+3x-1[/tex]

Explanation:

According to the question, we need to find the degree.

So,

From the concept of degrees:

The degree is the largest exponent of the variable.

Final answer:

Hence, the value of the degree is 6.

9. As a speed skater, Kyle cycles between sprinting and recovering on the 111.12-meter short track during practice every day for 50 minutes. Let t be the time in hours that Kyle sprints during a practice. A. Write the unsimplified expression to represent the total distance Kyle skates. It may help you to make a verbal model to represent the total distance Kyle skates. Be sure to use compatible units.

Answers

SOLUTIONS

As a speed skater, Kyle cycles between sprinting and recovering on the 111.12 meter short track during practice every day for 50 minutes.

Let t be the time in hours that Kyle sprints during practice.

Sprint Speed: 48 km/hr

Recovery: 18 km/hr

(a)

Write an unsimplified expression to represent the total distance Kyle skates.

[tex]speed=\frac{distance}{time}[/tex]

If t= time sprinting then (50-t)= time recovering

Distance = rate x time= t(48) + (50-t)18

Distance = 111.2m

(c) Simplifying the expression

Can u guys simplify this?
(2x^-3y^5)^2*(x^7y^-11)

Answers

Answer is in photo! :)
Answer is in the photo

simplify-6u^2 v-u^v^2-22u^2v^2

Answers

simplify-6u^2 v-u^v^2-22u^2v^2

we have

[tex]undefined[/tex]

Other Questions
Find A (please help) Match the type of microevolution with the example described below. Letters may be used once, more than once or not at all.A. genetic driftB. migrationC. mutationD. natural selection Find The Circumference of the following circle in terms of Pi. A. 25piB. 50piC 12 5pi Sal elrove 3000 miles in 75 hours. At this rate how long will it take to drive 4000 miles translate the following verbal statement into an algebraic equation and solve. Paid 24,998 for a car which was 1,815 less than sticker price what was the sticker price of the caruse x for your vairableequation_______x=______ PLEASE HELP!!Ninas math class is 6 and 4/5 meters long and 1 and 3/8 meters wide. What is the area of the classroom? A large asteroid impact occurs, kicking up dust that blocks the Sun and prevents plants from photosynthesizing. find the missing value in the given equivalent ratios 9:5=__:35 Valeria created a triangular pyramid as part of her science fair project. The triangular base has a height of 8 cm and a length of 6 cm. The height of the pyramid is 12 cm. Determine the volume of Valeria's pyramid.A. 192 cm B. 288 cmC. 96 cmD. 576 cm which challenge does canada face in its effort to reduce the use of fossil fuels Market involves aggregating prospective buyers into groups, or segments, that have common needs and will respond similarly to a marketing action. Help!!, its a math question... it TIMED! The question is in the pic... Hey can you please help me with this question and please may sure the answer correctly Which societal norm of the eighteenth century enabled the reign of louis xv and frederick the great?. Jamie had 10 dogs. She killed 4 of them then bought another 3. She also ate 7 of them. How many dogs dose she have now? what is the proper definition of an isotope? group of answer choices atoms in which the number of protons is different from the number of neutrons. atoms with a mass number greater than the atomic number. atoms of an element with the same number of protons but different number of neutrons. atoms that spontaneously emit radiation. Hey need help with this problem! Will give brainliest if right Help me asp please she said use el/al given dickens' portrayal of estella, what do you think attracts pip to her in the first place? even when pip realizes that estella has been raised to break hearts, why do you think he still remains devoted to her? why is he not attracted to biddy? Identify the outlier in the data set. Then find the mean, median, and mode of the data set when the outlier is included and when it is not. 117 211 186 17637275122922283129142197102