Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily. What is the first day's interest? Round to the nearest cent.

Answers

Answer 1

Answer:

The interest is $0.03

Step-by-step explanation:

($720*0.014)/365

Answer 2

The first day's interest will be $10.15 if Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily.

What is compound interest?

It is defined as the interest on the principal value or deposit and the interest which is gained on the principal value in the previous year.

We can calculate the compound interest using the below formula:

[tex]\rm A = P(1+\dfrac{r}{n})^{nt}[/tex]

Where A = Final amount

          P = Principal amount

          r  = annual rate of interest

          n = how many times interest is compounded per year

          t = How long the money is deposited or borrowed (in years)

It is given that:

Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily.

P =$720

r = 1.4% = 0.014

n = 365

t = 1 day

[tex]\rm A = 720(1+\dfrac{0.014}{365})^{365\times1}[/tex]

After solving:

A = $730.15

The interest I = A - P

I = $730.15 - 720

I = $10.15

Thus, the first day's interest will be $10.15 if Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily.

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Related Questions

Given that y varies with directly with x, and that y= 12 when x=3. Then when x=10, y= ?

Answers

Answer:

y = 40

Step-by-step explanation:

Given that y varies directly with x then the equation relating them is

y = kx ← k is the constant of variation

To find k use the condition y = 12 when x = 3 , then

12 = 3k ( divide both sides by 3 )

4 = k

y = 4x ← equation of variation

When x = 10 , then

y = 4 × 10 = 40

A line includes the points (7, –7) and (11, –3). What is its equation in slope-intercept form?

Answers

The slope intercept form is y = mx + b so the slope is m and the slope in this case is -2.5. Now we substitute that in the equation. Well use the first set of ordered pairs for x and y. So now we have: -7 = -2.5(7) + b. When you solve for this you should get: -7 = -17.5 + b. Now you solve for the last part and you get: -7 = -17.5 + 10.5. So the Answer is: y = -2.5x + 10.5

Review the graph. On a coordinate plane, a parabola opens up and goes through (negative 2, 5), has vertex (0, 1), and goes through (2, 5). Another parabola opens to the right and goes through (8, 4), has vertex (negative 8, 0), and goes through (8, negative 4). Everything inside of the first parabola and above the second parabola within the first parabola is shaded. Which system of inequalities has the solution set shown in the graph?

Answers

Answer:

The value of h is h = -1.5

Step-by-step explanation:

The quadratic equation is represented by a parabola, the vertex form of the equation is y = a(x - h)² + k, where

(h , k) are the coordinates of its vertex point

a is the coefficient of x²

∵ The graph is a parabola opens up

∵ It has a vertex at (-1.5, 0)

∵ The vertex of the parabola is (h , k)

∴ h = -1.5 and k = 0

∵ The graph shows f(x) = (x - h)²

∵ The coordinates of the vertex are (h , k)

∵ h = -1.5 and k = 0

∴ h = -1.5

The value of h is h = -1.5

The value of h is h = -1.5

We have given that,

On a coordinate plane, a parabola opens up and goes through (negative 2, 5), has vertex (0, 1), and goes through (2, 5). Another parabola opens to the right and goes through (8, 4), has vertex (negative 8, 0), and goes through (8, negative 4).

The quadratic equation is represented by a parabola,

What is the vertex form of the parabola?

The  vertex form of the equation is y = a(x - h)² + k, where

(h, k) are the coordinates of its vertex point

a is the coefficient of

∵ The graph is a parabola that opens up

∵ It has a vertex at (-1.5, 0)

∵ The vertex of the parabola is (h , k)

h = -1.5 and k = 0

∵ The graph shows f(x) = (x - h)²

∵ The coordinates of the vertex are (h, k)

∵ h = -1.5 and k = 0

h = -1.5

The value of h is h = -1.5.

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A pie was cut into 8 equal pieces. If Malena ate 18 of the pie, and Lupe ate 58 of the pie, how many whole pieces of the pie are left?

Answers

Answer:

2/8ths are left

Step-by-step explanation:

8 equal.pieces means 8/8

she ate 1/8 and he ate 5/8

thats 6/8

8/8 - 6/8 = 2/8

Answer:

1

Step-by-step explanation:

i dunno maybe not sure

A train travels 160 miles at a constant speed for 80 minutes. What is the speed of the train in mi/min

Answers

Answer:

2mi/min

Step-by-step explanation:

Speed=Distance/Time

=160mi/80min

=2mi/min

Please help mehhhhhh T^T

Answers

Answer:

Step-by-step explanation:

We can see the graph has an y intercept of 1 and from there the slope goes up one and to the right one so the slope is 1

PLEASE hELP
Find the domain of the function shown in the graph below?

Answers

Answer:

All real numbers with vertical asymptotes at -2 and 6

Step-by-step explanation:

The domain of the function is all the possible x values of the function, so the solution is all real numbers with vertical asymptotes at -2 and 6 because the values never cross here.

Have a nice day!

     I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)

- Heather

Write an equation of the line in slope intercept form (-2,4) (0,0)

Answers

Answer:

y = -2x

Step-by-step explanation:

Slope = (change in y-values)/(change in x-values)

Slope = (0 - 4)/(0 - (-2)

Slope = -4/2

Slope = -2

Use the slope = -2 and point (0, 0) and substitute into y= mx + b to solve for b

y = mx + b

0 = -2(0) +b

0 = b

The equation of the line y = -2x + 0    or  y = - 2x

Emily says that the negative sign means opposite of, so -(-45) means the opposite of negative 45, which is 45. Is Emily correct?

Answers

Answer: Yes, No Submit ·

Step-by-step explanation:

19. Is there any bias in the survey question? Explain.
What do you think would help students pay more attention in class?



Answers

Answer:

yes

Step-by-step explanation:

because everyone has a different method that works for them.

but then again it uses the pronoun you which means its asking for your opinion its not phrased

what would help študents pay more attention in class

so yes and no

A similar image that is 10 times bigger write the rule

Answers

Answer:

× times 10

Step-by-step explanation:

that image times 10

Frank wants to be an astronaut when he grows up. Last weekend, the science center had an interactive space station exhibit. Frank bought a 3-day pass so he could go every day. Since he bought a multiday pass, he saved $10. Frank paid $56 in all. How much does a day at the science center normally cost?

Answers

I think it would be $66 because it said that he saved 10 and he payed $56 so if u add 10 dollars to 56 u get 66 sorry if it’s wrong

The length, breadth and height of a cuboid are in the ratio 6:3:5. If the total surface area is 504cm2, calculate area of 4 walls


please answer quick (i will mark as brainliest)

thank u

Answers

Step-by-step explanation:

metallic when has is equipment death of amiloride open interval a b payment to see payment payment details

If two figures are similar, what can you say about them? Be specific and give at least 3 details.

Answers

Answer:

im confused as to if these terms are supposed to be specific or if you are looking for certain ones

Step-by-step explanation:

but i would say congruent, corresponding angles, and equal

In the circle below, suppose m STQ = 102° and mZTSR=56º. Find the following.

Answers

Answer:

q

Step-by-step explanation:

How many permutations are there of the letters APPLE, if the arrangement must begin with a
vowel and end with a consonant?

Answers

Answer:

[tex]18[/tex].

Step-by-step explanation:

Start by considering the two "[tex]\verb!P![/tex]"'s as being different from one another. That way, all five letters in this word would be distinct. With this assumption, the number of arrangements would be [tex]\left(\genfrac{}{}{0}{}{2}{1}\right) = 2[/tex] times that of the actual value.

Start by fixing the first and the last letter since they come with special requirements.

There are [tex]2[/tex] choices for the first letter (the vowel: [tex]\verb!A![/tex] and [tex]\verb!E![/tex].)

Under the assumption that the two "[tex]\verb!P![/tex]"'s are distinct, there would be [tex]3[/tex] choices for the last letter ([tex]\verb!L![/tex] and the two

After choosing the first and the last letters, there would be [tex](5 - 1 - 1) = 3[/tex] choices for the second letter, [tex](3 - 1) = 2[/tex] choices for the third, and [tex](2 - 1) = 1[/tex] for the fourth.

Thus, under the assumption that the two "[tex]\verb!P![/tex]"'s are distinct, there would be [tex](2 \times 3) \times (3 \times 2 \times 1) = 36[/tex] ways to choose the new word. Since this assumption doubles the number of arrangements, dividing the [tex]36[/tex] by [tex]\left(\genfrac{}{}{0}{}{2}{1}\right) = 2[/tex] would give the actual number of arrangements:

[tex]\begin{aligned}\frac{36}{\genfrac{(}{)}{0}{}{2}{1}} = \frac{36}{2} = 18\end{aligned}[/tex].

[tex]\begin{aligned}& 1 && \verb!APPEL!\\& 2 && \verb!APLEP!\\& 3 && \verb!APEPL!\\& 4 && \verb!APELP!\\& 5 && \verb!ALPEP!\\& 6 && \verb!ALEPP!\\& 7 && \verb!AEPPL!\\& 8 && \verb!AEPLP!\\& 9 && \verb!AELPP!\\& 10 && \verb!EAPPL!\\& 11 && \verb!EAPLP!\\& 12 && \verb!EALPP!\\& 13 && \verb!EPAPL!\\& 14 && \verb!EPALP!\\& 15 && \verb!EPPAL!\\& 16 && \verb!EPLAP!\\& 17 && \verb!ELAPP!\\& 18 && \verb!ELPAP!\end{aligned}[/tex].

if y varies directly as x, and y is 20 when x is 4, what is the value of y when x is 80

Answers

Answer:The equation of that is y=kx

Substitute it in and you get

20=6k

Divide 6 on both sides

k=3 1/3

Then since it asks what is the value of y when x is 24 use k in the equation

y=3 1/3*24

so y=80 is the answer

Step-by-step explanation:

Dija writes 7x 9 = 63 to find the
number of players on 7 baseball teams. Describe what
each of the factors represents in the multiplication equation.

Answers

Answer:

7 represents the number of teams. 9 represents the amount of players on each team. And 63 represents the total number of players.

Step-by-step explanation:

100 points plus brainiest to right answer.

Answers

Answer:e d

Step-by-step explanation:

of a line in point slope form

Answers

☆Answer : (X1, Y1) = (7, 1)(X2, Y2) = (4, -2)

m = (Y2 - Y1)/(X2 - X1)

m = (-2 - 1)/(4 - 7)

m = -3/-3

m = 1

1 Solve for the unknown variable:

Answers

Answer:

Approximately 6.4

Step-by-step explanation:

We can use the pythagorean thereom here, that tells us (a^2)+(b^2)=c^2. C is the hypotenuse, the side opposite from the right angle, while a and b are the other sides. We can insert 5 and 4 as a and b, and solve for c

:(5^2)+(4^2)=c^2

:25+16=c^2

:41=c^2

:sqrt(41)=6.4=c              (We square rooted both sides. 6.4 is only rounded to the nearest hundredths place.) Hope this helps!

Answer:

c = 6.4

Step-by-step explanation:

To find c, we need to use Pythagoras theorem which is:

[tex]a^2 + b^2 = c^2[/tex]

Plug known variables in:

[tex]5^2 + 4^2 = c^2\\25 + 16 = c^2\\\sqrt{25 + 16} = c\\\sqrt{41} = c \\c = 6.403\\c = 6.4[/tex]

Hope this helps!

The cost of a pen is 3 times the cost of a pencil. The total cost of 8 pencils and 5 pens is $11.50.
Please help me to find the costs of a pen and a pencil.

Answers

Answer:

$5.78

Step-by-step explanation:

brainliest?

Please help!! Picture is provided

Quad. ABCD is a trapezoid.
XY is the median
XY = 12; AB=16
Find DC

Answers

Answer:

DC = 8

Step-by-step explanation:

The median is half the sum of the parallel bases, that is

[tex]\frac{AB+DC}{2}[/tex] = XY , substitute values

[tex]\frac{16+DC}{2}[/tex] = 12 ( multiply both sides by 2 to clear the fraction )

16 + DC = 24 ( subtract 16 from both sides )

DC = 8

Answer:

DC = 8

Step-by-step explanation:

The median XY of the trapezoid ABCD is half or the sum of AB and DC.

                    XY                                         = 1/2      ( AB + DC)

We need to find out DC so we can rewrite this equation isolating DC

XY = (1/2)(AB+DC), multiply both sides by 2

2XY = AB + DC, subtract from both sides AB

2XY - AB = DC, now substitute the given AB = 16 and XY = 12

2* 12 - 16 = DC , using the order of operations rules we multiply first

24 -16 = DC, subtract

8 = DC

Measure these angles.

a)

b)

Answers

are the angles john cena? cuz i cant see anything

3.
Use the quadratic function to predict f(x) if x equals 8.

f(x) = 25x^2 − 28x + 585

A. f(8) = 2201

B. f(8) = 2679

C. f(8) = 1614

D. f(8) = 1961

Answers

Answer:

D. f(8) = 1961

Step-by-step explanation:

i know the answer it is i think

To predict f(x) when x equals 8 we simply substitute.  

So f(x) = 25x2 28x + 585  

f(8) = 25 (8)^2 - 28 (8) + 585

f(8) = 25 * 64 - 224 + 585

f(8) = 1600 - 224 + 585 = 1961

Hencse f(8) = 1961

Hloo friend^_^..___

Q= f(x) = 25x2 − 28x + 585

Solution

________

f(8) = 25*(8)^2 - 28*8 + 585

= 25*64 - 224 + 585

= 1600 - 224 + 585

= 2185-224

= 1961 Ans...

So the correct ans is f(8) = 1961...

I HOPE ITS HELP U MY FRIEND..^_^

BE BRAINLY..

Help please I really don’t understand due in 4 days

Answers

Answer:

I will clear you.

Step-by-step explanation:

or,x/3-2<4

or,x/3<4+2

or,x<6/3

or,x<2

Answer:

x < 18

Step-by-step explanation:

You solve it like an equation.

First, isolate the x-value to one side by adding 2 to each side:

x/3 - 2 + 2 < 4 + 2

The twos on the left side cancel out:

x/3 < 6

Now multiply both sides by 3:

x/3 x 3 < 6 x 3

The threes on the left side cancel out, leaving you with the x-value:

x < 18

Hope this makes sense :)

Diya used modeling to find
2
.
82
÷
3
.

She regrouped 2 as 20 tenths and regrouped 0.8 as 7 tenths plus 10 hundredths. She divided all of the tenths and hundredths into three equal groups. Each group had 9 tenths and 4 hundredths. She decided that
2
.
82
÷
3
=
0
.
94
.

Which of the following is the correct conclusion about Diya's quotient of 0.94?

help mee

Answers

Answer:C

Step-by-step explanation: The quotient is correct because 27 tenths divided by 3 is 0.9 and 12 hundredths divided by 3 is 0.04

The quotient is correct because 27 tenths divided by 3 is 0.9 and 12 hundredths divided by 3 is 0.04.

Given that, Diya regrouped 2 as 20 tenths and regrouped 0.8 as 7 tenths plus 10 hundredths.

What are decimal numbers?

Decimals are one of the types of numbers, which has a whole number and the fractional part separated by a decimal point. The dot present between the whole number and fractions part is called the decimal point.

According the given question, the numerical expression is

20/10 + 7/10+12/100

= 2+0.7+0.1

= 2.8

She divided all of the tenths and hundredths into three equal groups.

That is, 2.82/3

=0.94

Hence, the quotient is correct because 27 tenths divided by 3 is 0.9 and 12 hundredths divided by 3 is 0.04.

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plz help!!!!!!!!!!!!!!!

Answers

Answer:

equation of line of best fit:  y = -.018x + 7.3

y-intercept = 7.3

correlation coefficient = -.018

correlation coefficient indicates there is no correlation between the x-and-y values

Step-by-step explanation:

tim drives at an average of 80km

Answers

Answer:

80km --- 49.7097mi

Step-by-step explanation:

thats quite slow... but please provide context then i can solve it for you

Carl ordered $28 of pizza for dinner. About how much money
does he need, rounded to the nearest ten?

Answers

Answer:

30 dollars.

Step-by-step explanation:

What is 28 closer to? 20 or 30?

30.

He would have to pay 30$, and would get 2 dollars back in change.

I hope this helped at all.

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