Lacey inherited some money from her grandfather and put it in a bank account that earns 4%
interest compounded monthly. After 2 years, Lacey had $700.00 in the bank account. How
much interest did she earn?
Round your answer to the nearest cent.

Answers

Answer 1

The interest eared from the given amount, rate of interest and time period is $426.883.

Given that, amount = $700, rate of interest = 4% and time period = 2 years.

What is the compound interest?

Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.

The formula used to find the compound interest is [tex]Amount=Principal(1+\frac{r}{100})^{nt}[/tex]

Let the money deposited be x.

So, [tex]700=x(1+\frac{4}{100} )^{2\times12}[/tex]

⇒ [tex]700=x(1+0.04)^{24}[/tex]

⇒ [tex]700=x(1.04)^{24}[/tex]

⇒ 700 = 2.563x

⇒ x=700/2.563

⇒ x=$273.117

So, interest = 700-273.117

= $426.883

Therefore, the interest eared from the given amount, rate of interest and time period is $426.883.

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Related Questions

Solve the system by back substitution.
- 2x - 4y - z- 3w = -5
-2y - 12z - 4w = - 16
5z +5w=10
4w =12

Answers

Answer:

y=8 x=-19.5

Step-by-step explanation:


Start from the bottom equation and work your way upSolve the fourth equation for w-5w=-15-5w/(-5)=-15/(-5)w = 3 Then use that value of w to plug into the third equation. Notice we're going backwards or up the chain of equations. After w is replaced, solve for zz+w = 2z+3 = 2z+3-3 = 2-3z = -1 Now use z = -1 and w = 3 to plug into the second equation. Solve for y-2y-12z-4w = -16-2y-12(-1)-4(3) = -16-2y+12-12 = -16-2y = -16-2y/(-2) = -16/(-2)y = 8 


Use y = 8, z = -1, w = 3 to plug into the first equation. Solve for x:


2x+4y+z+3w=12x+4(8)+(-1)+3(3)=12x+32-1+9=12x+40=12x+40-40=1-402x=-392x/2=-39/2x = -39/2 The value of x as a fraction is x = -39/2The value of x in decimal form is x = -19.5 

Fine the slope of the line and use rise/run to fill in the blanks

Answers

Answer: Rise is 5 and run is 1 and now that is equal 5

Step-by-step explanation:

The ages of people visiting a senior center one afternoon are recorded in the line plot

Does the data contain an outlier? If so, explain its meaning in this situation.

A: No, there is no outlier. This means that the data was not collected correctly, as there would be lots of age ranges at the center.

B: No, there is no outlier. This means that the people at the center were all seniors around the same age.

C: Yes, there is an outlier of 85. This means that one person was age 85, which is 15 years older than the next closest age.

D: Yes, there is an outlier of 105. This means that someone at the center is 105 years old.

Answers

Answer:

b

Step-by-step explanation:

The correct option is (b) The data does not contain an outlier. This means that the people at the center were all seniors around the same age.

What is an Outlier in a Dataset?

Outlier in a data set is simply the extremely low data point or an extremely high data point compared to other points in the dataset.

It will stand out from the other values in the dataset.

The line plot shows the ages of people visiting a senior center one afternoon.

The data points are,

70, 70, 70, 75, 75, 80, 80, 85, 90, 90, 95, 95, 95, 100.

If there is an outlier in the set, it would be extremely low or high compared to other points.

But there are no such points.

So there are no outliers.

This means that people visited at the center were all seniors around the same age.

Hence the correct option is (b).

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3/5 of a fruit punch is orange juice.
What percentage of the fruit punch is orange juice?

Answers

60% of the fruit punch is orange juice.

In this question, we have been given 3/5 of a fruit punch is orange juice.

We need to find the percentage of the fruit punch is orange juice.

3/5 of a fruit punch is orange juice, means 3 of 5 fruit punch is orange juice.

Using the percentage formula,

3/5 * 100

= 0.6 * 100

= 60%

Therefore, 60% of the fruit punch is orange juice.

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For the given ratio of orange juice , the percentage of the orange juice from the given fruit juice is equal to 60%.

As given in the question,

Ratio of orange juice in the given fruit juice = 3/5

From the given ratio it indicates out of 5 fruits 3 are orange

Percentage of fruit punch is orange juice in the given juice is equal to

= ( 3 / 5 ) × 100

= ( 3 × 100 ) / 5

= 300 / 5

= 60%

60% of the fruit punch is orange juice.

Therefore,  for the given ratio of orange juice , the percentage of the orange juice from the given fruit juice is equal to 60%.

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I NEED HEEEEELP!!

There are 5 cockroaches crawling on each square meter of the front of this building. How many cockroaches are crawling on the front of the building?

Please, show your work and explain. TYSM!! ^^

Answers

There are 855 cockroaches crawling on the front of the building

What is an equation?

An equation is an expression showing the relationship between two or more numbers and variables.

The population density is given as:

Population density = total animals / area occupied

Given that, the population density of the cockroaches is 5 cockroaches per square meter.

The area of the building = area of triangle + area of square

Area of building = (1/2) * (24 - 9)(12) + (9 * 9) = 90 + 81 = 171 m²

Population density = total animals / area occupied

5 cockroaches per square meter = Total cockroaches / 171 m²

Total cockroaches = 855

There are 855 cockroaches

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For how many values of x is h(x) = 0? Justify you answer.

Answers

Answer:

the answer for x when h(x) is 2.9

The sum of two numbers is 14 and the difference between the numbers is 20. What could one of the numbers be?

Answers

The number will x=17 and y=-3 as the sum of two numbers is 14 and the difference between the numbers is 20.

What is arithmetic operation?

The addition, subtraction, multiplication, division, exponentiation, and modulus operations are carried out by the arithmetic operators. One operand is added to the other in addition. On the provided operands, the operator is accustomed to performing mathematical operations like addition, subtraction, multiplication, division, modulus, etc. Examples of arithmetic operators include: 5 + 3 = 8, 5 - 3 = 2, 2 * 4 = 8, etc.

Here,

x+y=14

x-y=20

subtract equation,

2y=-6

y=-3

x+y=14

x-3=14

x=17

The result will be x=17 and y=-3 because the sum of the two numbers is 14 and their difference is 20.

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Select all of the descriptions which describe a transformation of the graph of f(x) = x that could result in the graph of g(x) = 7x.
A: The graph is translated 7 units to the right.
B: The graph is rotated about (0, 0), becoming steeper.
C: The graph is reflected across the x−axis.
D: The graph is vertically shrunk.
E: The graph is translated 7 units up.
F: The graph is vertically stretched.

Answers

Answer:

A,C,D

Step-by-step explanation:

The meteorologist at Channel 8 News predicted that a snowstorm would drop 7 inches of
snow. After the storm, she reported that the actual snowfall was 4 inches. What is the
percent error for the meteorologist's prediction?
If necessary, round your answer to the nearest tenth of a percent.
%

Answers

THE percent error is, 5

what is  percent error?Percent error calculates the difference between an estimate and a right value and expresses it as a percentage. Analysts can use this statistic to determine how big the error is in relation to the actual number. It is also referred to as % error and percentage error.The estimate and accurate values in this situation might be any of the following:a measurement, an approximation, a value obtained experimentally, or a guess.Correct Value: A number that has been established or is widely regarded as accurate. It might serve as a standard measurement for something tested as a measurement system. Or a value that is theoretically valid and is known, like a circle's circumference.

hence,THE percent error is, 5

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Let a=2 b=5 c= -3


8b-4b=4b Please help quick!!!!!

Answers

Answer:

40-20= 20

Step-by-step explanation:

8(5)- 4(5)= 4(5)

40-20=20

Find the coordinates of the point which divide the lines joining the following pairs of points in the given ratio
a. (5,8) and (-1,3) 2:3
b.(4,7) and (3,-2) 4:5

Answers

The coordinates of the point which divide the lines joining the pairs of points (5,8) and (-1,3) in the given ratio  2:3 is  (8,4).

Using the section formula, if a point (x,y) divides the line joining the points (x₁, y₁) and (x₂, y₂) in the ratio m:n, then

(x,y)=( (mx₂+nx₁)/m+n ,  (my₂+ny₁)/m+n )

Let the points be A(5,8) and B(-1, 3). Let a point P(x,y) divides AB in the ratio 2:3

Therefore, we have

P(x,y)=((2(-1) + 3x5)/(2+3) , (2(3) + 3x8)/(2+3))

P(x,y)=(2.6,6)

Hence,the coordinates of the point which divide the lines joining the pairs of points (5,8) and (-1,3) in the given ratio  2:3 is  (8,4).

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A business started the year with a net worth of $4,873. During the first six months of the year, the business
recovered and increased its net worth to a value of $15,866. Find the average monthly increase in net worth for the 6-month period.

Answers

The average monthly increase in net worth for the 6-month period is $1832.16.

Given:

A business started the year with a net worth of $4,873. During the first six months of the year, the business recovered and increased its net worth to a value of $15,866.

Six months net worth = 15,866 - 4873

= 10,993

Average monthly increase in net worth =  six month net worth / 6

= 10,993/6

= $1832.16.

Therefore The average monthly increase in net worth for the 6-month period is $1832.16.

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Simplify 5^3 x 5 please

Answers

Answer:

5^4

Step-by-step explanation:

5^3x5

5x5x5x5

5^4

Hopes this helps please mark brainliest

The simplified form of the expression, 5³.5 will be 625.

What is an integer exponent?

In mathematics, integer exponents are exponents that should be integers. It may be a positive or negative number. In this situation, the positive integer exponents determine the number of times the base number should be multiplied by itself.

It is given that the expression is, 5³.5

=5³.5

The base should remain constant and the exponents added when multiplying like bases. Keep the base constant when raising a base with power to another power, and multiply the exponents instead. Keep the base constant and deduct the exponents in the denominator and numerator when dividing like bases.

Apply the law of exponent as

xᵃ × xᵇ = xᵃ⁺ᵇ

=5³⁺¹

=5⁴

=5x5x5x5

=625

Thus, the simplified form of the expression, 5³.5 will be 625.

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A school is arranging a field trip to the zoo. The school spends 643.34 dollars on passes for 36 students and 2 teachers. The school also spends 339.48 dollars on lunch for just the students. How much money was spent on a pass and lunch for each student?
$
40 POINTS

Answers

By taking some simple quotients, we will see that the cost per student is:

$26.36

How much money was spent on a pass and lunch for each student?

First, we know that the school spends $643.34 on passes for 38 people, then the cost of each pass is given by the quotient:

p = $643.34/38 = $16.93

Then there is also lunch for the 36 students, which costed $339.48, then the cost in lunch per student is.

l = $339.48/36 = $9.43

The total cost per student is:

$16.93 + $9.43 = $26.36

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The radius of the circle below is 27 mm.
Calculate the area of the circle.
Give your answer in mm² to 1 d.p.
27 m

Answers

84.78 mm² is area of circle .

What is a circle ?

A circle is a closed, two-dimensional object in which all points in the plane are equally spaced apart from the center.Having no sides or edges, a circle is a figure with a round shape. A closed, two-dimensional curved form is what is meant by the term "circular" in geometry.

radius of the circle = 27 mm

area of the circle = πr²

                          =  3.14 * 27

                         =  84.78 mm²

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Please Help 2
Find (fxg)(x) if f(x)=x2+2+4 and g (x)=x-2

Answers

Answer:

x³ - 8

Step-by-step explanation:

Determine whether the ratios are equivalent.

85: 210 and 340: 735

Answers

These are equivalent. I hope this helps a ton. I had this question on a test. Tell me if its wrong or not. <:

Everyone at Colin's school wore either brown or red for school spirit day. 126 out of the 600 students at the school wore brown. What percentage of the students wore brown?

Write your answer using a percent sign (%).

Answers

Answer:

21%

Step-by-step explanation:

126 out of 600=126/600

=0.21 *100 for

21%

21%
step by step explanation !!
youre welcome

One card is drawn from a well-shuffled deck of fifty-two cards (no jokers).

(a) Find the probability of drawing a card below a 6 (count an ace as high). (Enter your answer as a fraction.)

(b) Find the odds of drawing a card below a 6 (count an ace as high).

(c) Use the Law of Large Numbers to interpret both the probability and the odds of drawing a card below a 6 (count an ace as high).

(Refer to the picture attached for answer choices)

Answers

Probability of drawing a card below a 6 (count an ace as high) is 4/13

Total number of outcome : n(S) = 52

(a) In a deck number of card below a 6 (counting ace as high) is {5 , 4 , 3, 2}

so , n(E) = 4 × 4 = 16

The probability of drawing a card below a 6 (count an ace as high) = P(E)

[tex]P(E) =\frac{n(E)}{n(s)}[/tex] =16/52

P(E) = 4/13

(b) Probability of drawing a card below a 6 (count an ace as high) is 4/13

Hence , the odds of drawing a card below a 6 (count an ace as high). is 0.308

(c) we should expect to draw a card below a 6 about four times out of every 13 attempts .Also, we should expect to draw a card below or 6 four times for every nine times we draw a 6 or above is the law of large number to interpret both the probability and odds of drawing a card below 6

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Please help me find the slope on the lined graphed below??

Answers

Answer:

2/3

Step-by-step explanation:

The gradient is found by doing rise/run. If you go to a point on the line you can then rise 2 squares and run 3 to the right. This means that the gradient is 2/3. It is not negative as the line is going up.

It’s 2/3

Bc I used rise over run to calculate the 2 dots and u go 4 up from the first dot and 6 right to the second dot and u will get 4/6 and when u simplify it u will get 2/3

How to solve: 24 - (5 + 3)^2 + 4 × 2^3 step by step.

Answers

The value of the exponent given as 24 - (5 + 3)^2 + 4 × 2^3 is -8.

What is an exponent?

An exponent is the number of times that a number is multiplied by itself. It should be noted that the power is an expression which shows the multiplication for the same number. For example, in 6⁴ , 4 is the exponent and 6⁴ is called 6 raise to the power of 4.

In this case, the value given will be expressed thus:

= 24 - (5 + 3)^2 + 4 × 2^3

= 24 - (8)² + 4 × 8

= 24 - 64 + 32

= -8

The value is -8.

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Which of the following equations are equivalent? Select three options. 2 + x = 5 x + 1 = 4 9 + x = 6 x + (negative 4) = 7 Negative 5 + x = negative 2

Answers

the equivalent equations are: 2 + x = 5 , x + 1 =4 , and -5 + x = -2
i’ve included work below if you need help solving!

Find the slope using points: (0, - 3) and (- 4, 2)

Answers

Answer:

-5/4

Step-by-step explanation:

slope

[tex]\frac{y2-y1}{x2-x1}\\\\ \frac{2-(-3)}{-4-0}=\frac{5}{-4}\\ \\slope = \frac{-5}{4}[/tex]

If tan 8 = 3 and 8 lies in the second quadrant. Use a Pythagorean identity to find
the exact value of cos 6.

Answers

The exact value of Cosθ is -1/√10 .

In the question ,

it is given that ,

the value of tanθ = 3/1 ,

that means the perpendicular = 3x

and the base of the triangle is = 1x,

So ,By Pythagoras Theorem

hypotnuse² = perpendicular² + base²

hypotnuse² = (3x)² + (1x)²

hypotnuse² = 9x² + 1x²

hypotnuse² = 10x²

hypotnuse = (√10)x

So , Cosθ = base / hypotnuse

Cosθ = 1x/(√10)x

Cosθ = 1/√10

Since , [tex]\theta[/tex] lies in the second quadrant ,

and in second quadrant Cos is negative ,

So , Cosθ = -1/√10

Therefore , The exact value of Cosθ is  -1/√10  .

The given question is incomplete , the complete question is

If Tanθ = 3 , θ lies in the second quadrant. Use a Pythagorean identity to find the exact value of Cosθ ?

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48 - (3 c+4)=4(c+5)+3 c=???

Answers

Answer in multiple forms depending on what needed

Answer:

c = 3

Step-by-step explanation:

48- (3c+4)=4(c+5)+3

48-3c-4=4(c+5)+3 Distributed the - sign

48 -3c -4= 4c+20 +3 Distributed the 4

44-3c =4c+23 Combined like terms

21-3c=4c Subtract 23 from both sides

21=7c Add 3c to both sides

3=c

Find the values of x and y.

Answers

Answer:  The correct answer is x = 50

Step-by-step explanation:

The sum of angles in a triangle = 180 degrees

This is a right-angled triangle, so one of the angles is 90 degrees + x +y

Therefore: 90 + y + x = 180

Substitute the variables:

90 + 40 + x = 180

130 + x =180

Subtract 130 from each side:

(-130) 130 + x =180 (-130)

x = 50

A missile was fired from a submarine from 200 feet below sea level. If the missile reached a height of 15900 feet before exploding, what was the change in the altitude of the missile?

Answers

The required change in height of the missile is 16100 feet.

Given that,
A missile was fired from a submarine from 200 feet below sea level. If the missile reached a height of 15900 feet before exploding, the change in the altitude of the missile is to be determined.

What is a change of state?

Change in defined as when the object is in one state but after a certain period of time, the state of the object changes is called change of the state.

here,
The height attained by the missile above sea level is 15900 feet.
The height attained by the missile below the seal level is 200 feet.
Change in height = 15900- (-200) = 15900 + 200 = 16100.

Thus, the required a change in height of the missile is 16100 feet.

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help, please !!!!!!!! **50points**

Answers

Answer:Answer: SAS

Step-by-step explanation:

Oliver borrowed $1,500 to purchase a riding lawn mower for his lawn care business. The bank offered him an interest rate of 12% for 6 months. Calculate the simple interest using I = prt. $69 $90 $420 $1,080

Answers

The simple interest that Oliver needs to pay is $ 90

Calculating Simple interest:

Simple interest is nothing but interest on a loan at a rate. The formula for Simple interest is given below

Simple interest, I = ptr

where p = principal amount

t = time period in years

r = rate of interest in decimals

Here we have

Oliver borrowed $1,500 to purchase a riding lawn mower  

The rate of interest r = 12%

=> 12/100 = 0.12 (in decimals )

The time period given = 6 months = 0.5 years   [ 6/12 = 0.5 ]  

From the above formula,

The simple interest, I = ptr

=> I = $1,500(0.12) (0.5) = $ 90

Therefore,

The simple interest that Oliver needs to pay is $ 90  

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why are 0.8 and 0.80 are equivalent?

Answers

They are equivalent because the zero is not necessary and the decimal is in the same spot on both.

0.8 and 0.80 are equivalent representations of the same value, with the latter including a trailing zero for precision or clarity.

In mathematics, the decimal representation of numbers allows for the use of trailing zeros after the decimal point. When a decimal number has trailing zeros, such as in the case of 0.8 and 0.80, they are considered equivalent because they represent the same value.

The trailing zeros after the decimal point do not change the numerical value of the number. The number 0.8 represents eight tenths, and adding a trailing zero to make it 0.80 does not change its value; it still represents eight tenths. The zero after the decimal point in 0.80 is simply a placeholder, indicating that there are no hundredths or smaller fractional parts.

It is common to use trailing zeros in decimal representations to indicate the precision or accuracy of a measurement. For example, if a measurement is known to be accurate to two decimal places, it is common to represent it as 0.80 rather than 0.8 to indicate the level of precision.

Therefore, mathematically speaking, 0.8 and 0.80 are equivalent representations of the same value, with the latter including a trailing zero for precision or clarity.

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