hellp foo You are considering different investment strategies to save for your retirement.

Option 1: You invest $25/ month at a rate of 3.25% APR compounded monthly for 30 years.

Option 2: You invest $75/ quarter at a rate of 4.00% APR compounded monthly for 30 years.
Option 3: You invest $1,000 at a rate of 6.25% APR compounded monthly for 30 years.
1) Which option was the least amount invested and what was the investment plan?
2) Which option yielded the highest amount at the end of the 30 years and what was the basis of the plan?
3) What is the difference in the principal invested for the highest and lowest final balances? What is the difference in the interest earned?
4) Is it better to invest more money in the beginning or the end of the 30 years?

Answers

Answer 1

1) Option 3 had the least amount invested. The investment plan was to invest a certain amount in the beginning and let it grow at an interest of 6.25% APR compounded monthly for 30 years.

2) Option 2 yielded the highest amount at the end of 30 years. The plan was to invest $75/quarterly i.e, $25/monthly at an interest of 4.00% APR compounded monthly for 30 years.

3) Difference in principle is $8000 and the difference is interest is $2976.83

4) It is better to invest more at the end of 30 years.

Define interest.

When you borrow money, you must pay interest, and when you lend money, you must charge interest. The most common way to represent interest is as a percentage of a loan's total amount per year. The loan's interest rate is denoted by this proportion.

Solution Explained:

First, let's calculate the amount after adding the compound interest using

[tex]A = P(1 + \frac{r}{n})^{nt}[/tex], where P is principal, r = interest rate, n = number of times interest is compounded monthly, and t = time

After calculation (For Op 1 and 2, the principal is $9000 and 3 is $1000)

Option 1 has $15275.50
Option 2 has $17467
Option 3 has $6489.17

Interest for Option 1 = $6275.50
Interest for Option 2 = $8466
Interest for Option 3 = $5489.17

After this solving the questions will be easy to understand.

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Answer 2

Answer:

contributions:
1 $25/ month at a rate of 3.25% APR
2 $75/ quarter at a rate of 4.00%
3 $1,000 at a rate of 6.25% APR

total interest rate:

1 $6275.50

2 $8466

3 $5489.17

final balances:

1 $15275.50

2 $17467

3 $6489.17

questions 1-4

1: Option 3 had the least amount invested

2: option 2
3: Difference is $8000 – and interest difference in $2976.83

4: it’s better to invest more at the end of 30 years

Step-by-step explanation:

i did the assignment


Related Questions

An electrician cuts a 50 ft piece of wire into 3 pieces. The first piece is 4 ft longer than the second piece and the third piece is 2 feet shorter than the second piece. How long are the pieces?

Answers

The required length of the pieces is given as 20 ft, 16ft, and 14ft.

Given that,
An electrician cuts a 50 ft piece of wire into 3 pieces. The first piece is 4 ft longer than the second piece and the third piece is 2 feet shorter than the second piece. How long are the pieces is to be determined.


What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

Here,
according to the question,
Length of the first, second, and third  be x, y and z,
According to the question,
x + y + z = 50 - - - - - - - - (1)
x = y + 4
z = y - 2
put x and z in equation 1
y + 4 + y + y - 2 = 50
3y = 50-2
y = 48/3
y = 16 ft
Now,
x = 16 + 4 = 20 ft
z = 16 - 2 = 14 ft

Thus, the required length of the pieces is given as 20 ft, 16ft, and 14ft.

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(6, y) and (-8, 4); slope: 1/7

Answers

For the given points (6, y) and (-8, 4) having slope = 1/7 the value of y = 10.

What is the slope of a line?

A line's slope, also known as its gradient, is defined as the value of a line's steepness or direction in a coordinate plane. Slope can be calculated using various methods given a line equation or the coordinates of points on a straight line.

If P(a, b) and Q(c, d) are two given points on a coordinate plane, then the slope of line PQ can be computed using the formula

                      [tex]Slope(m)=\frac{d - b}{ c - a}[/tex]

The given points are (6, y) and (-8, 4).

and the slope of the line is given as m = 7.

By using the slope of a line formula, we get

                       [tex]m = \frac{8-y}{-8-7}\\\\ \frac{1}{7}= \frac{8-y}{-8-7}\\\\\frac{1}{7}= \frac{8-y}{-14}\\\\\\8-y=-2\\y=8+2\\y=10[/tex]

Hence,  the value of y is 10.

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HELP PLEASE ASAP 30 POINTS PLUS BRAINLEST Find the sum of (8.7 x 10^6) and (5.5 x 10^5). Write the final answer in scientific notation.

14.2 x 10^11
1.42 x 10^10
9.25 x 10^6
9.25 x 10^5

Answers

8.7 x 10^6 + 5.5 x 10^5 = 8.7 x 10^6 + 0.55 x 10^6 = (8.7 + 0.55) x 10^6 = 9.25 x 10^6

In a psychology class, 30 students have a mean score of 87.7 on a test. Then 21 more students take the test
and their mean score is 67.7.
What is the mean score of all of these students together? Round to one decimal place.
mean of the scores of all the students.

Answers

The mean score of all the students is 79.5 and it is round off into one decimal place.

Mean

Mean refers the average of the given numbers and is calculated by dividing the sum of given numbers by the total number of numbers.

Given,

In a psychology class, 30 students have a mean score of 87.7 on a test. Then 21 more students take the test and their mean score is 67.7.

Here we need to find the mean score of all students.

In order order to find the mean score, we have to calculate the total score of the students by multiplying the mean score by the number of students then we get,

=> 30 x 87.7 = 2631

Similarly, the total score for 21 students is,

=> 21 x 67.7 = 1421.7

So, the 51 students, cumulative score is

=> 2631 + 1421. 7 = 4052.7

Therefore, the mean score is calculated as,

=> 4052.7/51

=> 79.464

When we round off the value into one decimal place then we get

=> 79.5

Therefore, the mean value of all the students is 79.5.

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Square plank of 48 inches triangular base length of 12 inches height of 6 inches how much paper to cover

Answers

Applying the area of square and triangle, the amount of paper needed is:  180 inches².

What is the Area of a Square Shape and Area of a Triangular Shape?

The area of a square shape = (side length of the shape)².

The area of a triangular shape = 1/2(base)(height)

The diagram that illustrates the problem given is shown in the image attached below, where the triangular paper to cover the triangular plank and the square paper for the square plank are shown also with their dimensions.

Therefore, the amount of paper that would cover the piece of art = area of the square shape + area of the triangular shape.

Area of the square shape = 12² = 144 inches²

Area of the square shape = 144 inches²

Area of the triangular shape = 1/2(12)(6)

Area of the triangular shape = 36 inches²

Amount of paper needed = 36 + 144

Amount of paper needed = 180 inches²

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Complete Question:

Theresa created a piece of art by attaching a square plank to a triangular plank. The square plank has a perimeter of 48 inches. The triangular plank has a base length of 12 inches and a height of 6 inches. She wants to cover the piece of art with colored paper.

How many square inches of paper are needed to cover Theresa's art piece?

Find D subscript x y if

y = e^(-1/x^2)

Hint: remember the definition of derivative of natural log and use chain rule

Answers

The derivative of the natural log function y = e^(-1/x^2) is

2x^(-3)e^(-1/x^2)

How to solve for the derivative

The given function is

y = e^(-1/x^2)

The given function is rearranged as

y = e^(-1/x^2) = e^u such that u = (-1/x^2)

Applying chain rule

y = e^u

y' with respect to u = e^u

u = (-1/x^2) = -x^(-2)

u' with respect to x = 2x^(-3)

(y' with respect to u) *  (u' with respect to x)

= e^u * 2x^(-3)

plugging in the value of u

=  e^(-1/x^2) * 2x^(-3)

= 2x^(-3)e^(-1/x^2)

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A cube shaped aquarium with a side length of 1.2 meters is full of liquid. A fish swims in the container. What is the probability that the fish is at most 0.5 meters away from the center of the container?

Answers

The probability that the fish is at most 0.5 meters away from the center of the container, considering the volume of the cube, is given as follows:

0.0723 = 7.23%.

What is the volume of a cube?

The volume of a cube of side length s is given by the side length cubed, that is:

V = s³.

The cube in this problem has a side length of 1.2 meters, hence the volume is given as follows:

V = 1.2³ = 1.728 cubic meters.

Considering only the inner 0.5 meters of the cube, the volume is given as follows:

V = 0.5³ = 0.125 cubic meters.

A probability is given by the division of the number of desired outcomes by the number of total outcomes, hence:

p = 0.125/1.728 = 0.0723 = 7.23%.

(desired volume is of 0.125 m³, total is of 1.728 m³).

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a - domain and range
b - intercepts
c - horizontal asymptotes
d - vertical asymptotes
e - oblique asymptotes

Answers

From given graph,

a - domain and range:  (-∞, 3) ∪ (3, ∞)

b - intercepts: x = 0 and y = 0

c - horizontal asymptotes: y = 3

d - vertical asymptotes: x = 3

e - oblique asymptotes: No

In this question, we have been given a graph of a function.

From given graph we need to answer the following questions.

1) domain of function: (-∞, 3) ∪ (3, ∞)

the range of function : (-∞, 3) ∪ (3, ∞)

2) the intercepts:

x = 0, y = 0

3) horizontal asymptotes

A red dotted line y = 3 is a horizontal asymptotes

4) vertical asymptotes

A red dotted line x = 3 is a vertical asymptotes

5) Oblique asymptotes

The graph of function does not have any Oblique asymptotes

Therefore, from given graph,

a - domain and range:  (-∞, 3) ∪ (3, ∞)

b - intercepts: x = 0 and y = 0

c - horizontal asymptotes: y = 3

d - vertical asymptotes: x = 3

e - oblique asymptotes: No

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f(x) = √3x
g(x) = 3x + 2
Find (4) (2). Include any restrictions on the domain.

Answers

Option A is correct. The value of function (f/g)(x) is found to be  [tex]\sqrt[3]{3x}[/tex]/(3x+2) where the condition is that  x ≠  -2/3.

What exactly is a function composition?

In mathematics, function composition is an operation in which two functions, f and g, form a new function, h, in such a way that h(x) = g(f(x)). This signifies that function g is being applied to the function x. So, in essence, a function is applied to the output of another function.

What is the sum of two functions?

The new function obtained by performing f first and then g is the combination of two functions g and f.

Given:

f(x) = [tex]\sqrt[3]{3x}[/tex]

g(x) = 3x + 2

(f/g)(x) =  [tex]\sqrt[3]{3x}[/tex]/(3x+2)

Also, the denominator should not be equal to 0.

So, 3x + 2 ≠ 0

     x ≠  -2/3

Therefore, the value of function  is found to be  [tex]\sqrt[3]{3x}[/tex]/(3x+2) where the condition is that  x ≠  -2/3. So, Option A is correct

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There are 10 applicants applying for 3 positions Hostess server and busier how many ways

Answers

The number of ways to select 3 position out of 10 applicant is 120 ways

What is combination?

Combinations implies the selection of things from a given set of things. In this case, we intend to select the objects. Combination formula is illustrated as:

nCr = n! / ((n – r)! r!)

n = the number of items.

r = how many items are taken at a time.

Since there are 10 applicants applying for 3 positions. This will be:

= 10! / (10 - 3)!3!

= 10! / 7!3!

= 10 × 9 × 8 / 3 × 2

= 120

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Katelyn’s older brother borrowed money for school. He took out a loan that charges 6% simple interest. He will end up paying $720 in interest after 6 years. How much did Katelyn’s brother borrow for school?

Answers

The amount of money that Katelyn’s brother borrowed for school would be = $ 2,000.

What is interest?

Interest in the amount of money that an individual pays in extra with a borrowed amount of money either from an individual or from the bank.

The formula for simple interest= Principal ×Time × Rate/100

Rate of payment= 6%

Time = 6 years

Simple interest = $720

Principal= X

From the formula above, make principal the subject of formula;

Principal = SI × 100/ T× R

= 720 × 100/ 6×6

= 72000/36

=$ 2,000

Therefore, the amount of money that Katelyn’s brother borrowed for school is $2,000.

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i need help with this pls

Answers

Option C: The relationship between the statement cannot be determined.

What is Conditional statement?

Two independent statements can be related to each other in a logic structure called a conditional statement.

The first statement is presented with “if,” and is referred to as the hypothesis.

The second statement is linked with “then”, and is known as the conclusion.

The notation associated with conditional statements typically uses the variable p for the hypothesis statement, and q for the conclusion.

                                     p → q

Explanation for the answer:

The converse statement is notated as q→p (if q, then p). The original statements switch positions in the original “if-then” statement.The inverse statement assumes the opposite of each of the original statements and is notated ∼p→∼q (if not p, then not q).The contrapositive statement is a combination of the previous two. The positions of p and q of the original statement are switched, and then the opposite of each is considered: ∼q→∼p (if not q, then not p).

So, from the above we can clearly see that the both the statement 1 and statement are not start with "if" and "then".

Therefore, their relationship cannot be determined.

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Pass journal entries using the perpetual system of inventory-

Purchased 1000 units of shoes from Indiana International at $300 each on account

Sold 200 units to Ceridian Corporation at $500 each on account

Sold 500 units to Semed Inc. at 550 each on cash

Paid cash in full to Indiana International

Purchased 800 units of shoes from CITS at $450 each on cash

Sold 100 units to Deeman Corp at $600 each on cash

Answers

The passage of journal entries to record the transactions, using the perpetual system of inventory with the First-in, First-out (FIFO) method, is as follows:

Journal Entries:

Account Titles                                 Debit        Credit

Inventory                                     $300,000

Accounts Payable (Indiana International) $300,000

To record the purchase of 1000 units of shoes at $300 each.

Accounts Receivable

(Ceridian Corporation)            $100,000

Sales Revenue                                           $100,000

To record the sale of 200 units at $500 each on account.

Cost of goods sold                   $60,000

Inventory                                                    $60,000

To record the cost of 200 units sold.

Cash                                       $275,000

Sales Revenue                                        $275,000

To record the sale of 500 units at $550 each.

Cost of goods sold               $150,000

Inventory                                                 $150,000

To record the cost of 500 units sold.

Accounts Payable

(Indiana International)       $300,000

Cash                                                       $300,000

To record the cash payment on account.

Inventory                            $360,000

Cash                                                      $360,000

To record the purchase of 800 units at $450 each.

Cash                                     $60,000

Sales Revenue                                     $60,000

To record the sale of 100 units at $600 each.

Cost of goods sold            $30,000

Inventory                                              $30,000

To record the cost of 100 units sold.

Transaction Analysis:

Inventory $300,000 Accounts Payable (Indiana International) $300,000

Accounts Receivable (Ceridian Corporation) $100,000 Sales Revenue $100,000

Cost of goods sold $60,000 Inventory $60,000

Cash $275,000 Sales Revenue $275,000

Cost of goods sold $150,000 Inventory $150,000

Accounts Payable (Indiana International) $300,000 Cash $300,000

Inventory $360,000 Cash $360,000

Cash $60,000 Sales Revenue $60,000

Cost of goods sold $30,000 Inventory $30,000

Thus, with the perpetual system using FIFO, inventory movements are recorded in the Inventory account as they occur and not at the period's end.

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Many Texas cities have experienced substantial growth in population over the last 20 years. The growth of Houston, Texas, since 2015 is shown in the scatterplot. A least-squares equation that relates the number of years since 2015 to the population of that year (in millions) is given by Population = 0.025 (year) + 2.01.

Based on the residual plot, is a linear model suitable for modeling the population growth of Houston?

A linear model is suitable because a pattern is evident in the residual plot.
A linear model is not suitable because the residuals do not cluster around zero.
A linear model is not suitable because the residual plot shows a curved pattern.
A linear model is suitable because the residuals seem to be randomly scattered.

Answers

Based on the given residual plot, as regards the linear model, we can say that; A linear model is not suitable because the residual plot shows a curved pattern.

What is a residual Plot?

A residual plot is a plot that shows the difference between the observed response and the fitted response values.

The ideal residual plot is usually called the null residual plot, and it shows a random scatter of points that form an approximately constant width band around the identity line.

When it comes to finding out if a linear model will be suitable, we can say that the points will form a pattern when the model function is not correct.

Now, you might be able to transform variables or even add polynomial and interaction terms in order to remove the pattern.

Now, looking at the given graph, we can say that a linear model is not suitable because from the definitions above, we can see that the residual plot shows a curved pattern.

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A boy paid $11
for a bottle with a cork.
A bottle costs $10
more than a cork.
How much does a cork cost?

Answers

Step-by-step explanation:

A boy paid $11 for a bottle with a cork. A bottle costs $10 more than a cork. How much does a cork cost?

cork: c

bottle: 10c

c + 10c = 11

11c = 11

c = $1

A cork costs $1

Schools A and B are competing in an academic contest. At the beginning of the final​ round, School A has 174 points and School B has 102 points. In the final​ round, correct answers earn 10 points and incorrect answers lose 6 points. School A gives the same number of correct and incorrect answers during the final round. School B gives no incorrect answers and the same number of correct answers as School A. The contest ends with a tie. Answer parts a and b.

Answers

Answer:  C.  174 + 10x - 6x = 102 + 10x

Each school give 12 correct answers

Step-by-step explanation:

174 + 10x - 6x = 102 + 10x

x =  number of correct answers AND,

x = number of incorrect answers

Solve for x:

174 - 102 = 10x + 6x -10x

72 = 6x

x = 12

Each school give 12 correct answers

△MNP≅△QST.

What is m∠S?



Enter your answer in the box.

Answers

Answer:

78°

Step-by-step explanation:

∠M=∠Q

∠N=∠S

∠P=∠T

Answer:

m∠S =78°

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

Given

Two congruent triangles △MNP≅△QST

We know that corresponding angles of congruent triangles are congruent (vertices in same order as name of triangle):

∠M ≅ ∠Q, ∠N ≅ ∠S, ∠P ≅ ∠T

Angle S corresponds to angle N, hence their values are equal:

m∠S = m∠N = 78°

If using the method of completing the square to solve the quadratic equation
x² - 13x +31 = 0, which number would have to be added to "complete the
square"?

Answers

To make a square using the method of completing the square.

[ (a + b)² = a² + 2ab + b² ]

[ (a - b)² = a² - 2ab + b² ]

x² - 13x + 31 = 0

(x - 13/2)² + (293/4) = 0

The number added to complete the square is 293/4.

What is a polynomial?

Polynomial is an equation written as the sum of terms of the form kx^n.

where k and n are positive integers.

We have,

x² - 13x + 31 = 0

To make a square using the method of completing the square.

[ (a + b)² = a² + 2ab + b² ]

[ (a - b)² = a² - 2ab + b² ]

x² - 2 x (13/2)x + (13/2)² - (13/2)² + 31 = 0

(x - 13/2)² + 169/4 + 31 = 0

(x - 13/2)² + (293/4) = 0

Thus

The number added to complete the square is 293/4.

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The dimensions of a rectangle are 6x-7 and 3x-1. what is the area in square feet?
please help fast!!

Answers

The area of the rectangle is given by the formula below:

A = 18x^2 - 27x + 7

What is the area of the rectangle?

For a rectangle of width W and length L, the area is given by the formula:

A = W*L

Here we know that the dimensions of a rectangle are 6x-7 and 3x-1, then we can define:

L = 6x - 7

W = 3x - 1

Replacing that in the area formula above we will get:

A = (6x - 7)*(3x - 1)

Now we can expand that product:

A = (6x)*(3x) + (6x)*(-1) + (-7)*(3x) + (-7)*(-1)

A = 18x^2 - 6x - 21x + 7

A = 18x^2 - 27x + 7

That is the formula for the area in terms of x.

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Ingia went to the farmers market to get ingredients. Determine the price per item of each vegetable.
4.1 6 onions for $1.80
12 mushrooms for $3 4.3 5 peppers for $5.50
4.2

Answers

Answer:
$0.30 per onion (1.80 divide 6= 0.30)
$0.29 per mushroom (3.45 divide 12 = 0.28975)
$1.10 per pepper (5.50 divide 5= 1.10)
** it is a bit unclear the numbers you wrote on the question so I’m assuming this is what you meant; if it isn’t reply to this and rewrite the question**

what is the vaule of 2 × 4^2 + 5 enter the answer in the box

Answers

The value of the expression 2 x 4² + 5 will be 37

What is expression in mathematics?

An expression in math is a sentence with a minimum of two numbers or variables and at least one math operation.

Given is the following expression -

2 x 4² + 5

On solving the expression, we get -

2 x 4² + 5

2 x 4 x 4 + 5

32 + 5

37

The value of the expression 2 x 4² + 5 will be 37

Therefore, the value of the expression 2 x 4² + 5 will be 37

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Solve for r.
r/3 + 16 = 19

Answers

Answer:

r = 9

Step-by-step explanation:

Hello!

Solve for r by isolating the variable.

Solve for r[tex]\frac r3 + 16 = 19[/tex]             Subtract 16 from both sides[tex]\frac r3 = 3[/tex]                       Multiply both sides by 3[tex]r = 9[/tex]

The value of r is 9.

Given p(x)=x+7/3, if p(x)=13 find x

Answers

x = 32

Step-by-step explanation:

[tex]{ \tt{p(x) = \frac{x + 7}{3} }}[/tex]

If p(x) = 13, then

[tex]{ \tt{13 = \frac{x + 7}{3}}} [/tex]

[tex]{ \tt{13 \times 3 = x + 7}}[/tex]

[tex]{ \tt{39 = x + 7}}[/tex]

[tex]{ \tt{39 - 7 = x}}[/tex]

[tex]{ \red{ \boxed{ \blue{ \sf{x = 32}}}}}[/tex]

Professional tennis player Serena Williams has a career win record of 81%. If we took a simple random sample of 65 of her matches, what is the probability that at least 55 would be wins?

Answers

Answer:

The probability is 81%

Step-by-step explanation:

In the diagram ray MO bisects the measurement of

Answers

Ray MO bisects ML and MN, meaning that the two parts are parallel to each other. This means you can set the two equal to one another. 3x-20 = x+10
2x+30 = 15
X=15

You are then able to plug 15 in for the variable of X.

Ray ML
3(15)-20
45-20
= 25°


Ray MN
(15) + 10
= 25°

Or you could assume they are the same measurement as they are equal.

what fraction of the voters polled voted for eric jackson?
F. 1/26
G. 13/50
H. 13/37
J. 50/13

Answers

The fraction of the voters polled voted for Eric Jackson is 50/13. A fraction is a portion of a whole or, more broadly, any number of equal parts.

What is meant by fraction?A fraction is a portion of a whole or, more broadly, any number of equal parts. In everyday English, a fraction describes the number of parts of a specific size, such as one-half, eight-fifths, or three-quarters. A fraction is a portion of a larger whole. The number is expressed in arithmetic as a quotient, which is the numerator divided by the denominator. Both are integers in a simple fraction. A complex fraction has a fraction in the integrand or denominator. The numerator of a proper fraction is smaller than the denominator.Fractions are described as parts of a whole. The total can be a single object or a group of objects.

Therefore,

The fraction of the voters polled voted for Eric Jackson is 50/13

To learn more about fraction, refer to:

https://brainly.com/question/78672

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K
Choose the measurement closest to 30 km: 10 mi, 20 mi or 30 mi.
Choose the correct answer below.
20 mi
30 mi
10 Ini
O
O
O 10

Answers

Answer:

20 miles

Step-by-step explanation:

1.6km is equivalent to 1 mile

so 30km / 1.6 = 18.75 miles

therefore 20 miles is the closest to 30km

If you buy stock for $36.20 per share and sell that stock for $37.90 per share, what was your
return on investment?

Answers

Answer:

$1.70 per share

Step-by-step explanation:

37.90-36.20=1.70

Which values of a b and c correctly represent the answer in simplest form 3 1/4 divided by 2 3/8 equals a b/c. ( PLEASE HURYYYYY)

Answers

Answer:

Step-by-step explanation:

1. Put the words into math

3  3 1/4 divided by 2 3/8 equals a b/c.= 3 1/4/2 3/8

3 1/4/2 3/8=

1 7/19

2. Answer: 1 7/19

The radius of a circle is 8 ft. Find its area in terms of pi

Answers

Answer:

Step-by-step explanation:

201.06ft²

Answer:

Step-by-step explanation:

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