A bank offers an investment account with an annual interest rate of 1.28%
compounded monthly. Nicole invests $34,000 into the account for 3 years.

Answers

Answer 1

Answer:

$49320.40

Step-by-step explanation:

Let's work the small steps first. Nicole invests $34,000 into the bank, but the catch is that the value increases by "x%" every month, for 3 years. Since there are 12 months in a year, we know we will have to multiply 12 by 3, which yields us 36 months. Now we multiply our "x" value, which is 1.28% by 36, which yields us 45.06%. When we add that extra 45.06% to the already existing $34,000, the money increases to $49320.40

Your gain was +$15,320.40

If you're wondering what the one year value is, divide 45.06% by 3, and you will get 15.02%. If your instructor/teacher asks for the one year mark, the answer is $39106.80

Your gain was $5106.80

The two year mark would yield Nicole $44,213.60. The rate was 30.04% at two years, which means Nicole gained an extra $10213.60.

I hoped this helped buddy!


Related Questions

Divide 54 in to two parts so that four times the greater equals five times the less​

Answers

Answer:

Let the both the parts be 'x' and 'y'

x>y

We know that 4x = 5y

so x = 5y/4

x + y = 54

Replacing x we get

(5y/4) + y = 54

(5y +4y)/4 = 54

9y = 216

y = 24

Replacing y in ' x+y = 54'

we get x = 30

Step-by-step explanation:

Hence the larger part is 30 whereas the smaller part is 24

Find x ASAP you’ll get lots of points

Answers

Answer:

x=4

Step-by-step explanation:

Its an equilateral triangle so all angles and side lengths are the same.

2x-1=x+3

x=3+1

x=4

checking the work

4+3=8-1

7=7

x=4 have a great day

Please Help as soon as Possible. I will give brainliest! thank you.

Answers

The slope is -5/3
The y intercept is (0,10)

Answer:

The slope is -5/3.

The y-intercept is (0,10).

Step-by-step explanation:

1. The slope-intercept form of any linear equation is y = mx + b, where y = y-coordinate, m = slope, x = x-coordinate, and b = y-intercept.

2. Since -5/3 is in the place of m, the slope, that makes -5/3 the slope.

3. The y-intercept of a graph is the point where the graph intersects/crosses the y-axis. The x-coordinate of a point in any y-intercept will ALWAYS be 0.

4. Since 10 is in the place of b, the y-intercept, and given the information above, the y-intercept is (0,10).

what is the slope of (29,11) and (-3,-7)

Answers

Answer:

The slope is [tex]\frac{9}{16}[/tex]

Step-by-step explanation:

Hi there!

We are given the points (29, 11) and (-3, -7), and we want to find the slope of them.

The slope can be calculated from two points with the slope formula, which is [tex]\frac{y_2-y_1}{x_2-x_1}[/tex], where [tex](x_1, y_1)[/tex] and [tex](x_2, y_2)[/tex] are points.

We have two points given, but let's label their values to avoid any confusion when we actually calculate:

[tex]x_1=29\\y_1=11\\x_2=-3\\y_2=-7[/tex]

Now substitute into the formula (m is the slope).

m=[tex]\frac{y_2-y_1}{x_2-x_1}[/tex]

m=[tex]\frac{-7-11}{-3-29}[/tex]

Subtract

m=[tex]\frac{-18}{-32}[/tex]

Reduce the fraction

m=[tex]\frac{9}{16}[/tex]

The slope is [tex]\frac{9}{16}[/tex]

Hope this helps!

What is the slope of the line that passes through
the points (1, -3) and (4. 2)?

A. 5/3
B. 3/5
C. -3/5
D. -5/3

Answers

m=[tex]\frac{y2-y1}{x2-x1}[/tex]

m=[tex]\frac{2+3}{4-1} \\\frac{5}{3}[/tex]

So the slope is 5/3

Hope this helps you!

~Just a joyful teen

[tex]GraceRosalia :)[/tex]

At a fabric store, 3 yards of fabric cost $18.50. If Terry needs 5 yards, how much will she pay? Round to the nearest cent.

Answers

Answer:

answer = $30.85

Step-by-step explanation:

3 yards of fabric = $18.50 so 18.50 : 3 = 6.17 (dollars) for one yard of fabric the, just multiply it by 5, 6.17 x 5 = 30.85 dollars

Through (4, -3); perpendicular to 3y = x-6

Answers

Answer:

its=> 3×4=-3-6(use a caculator now)

The following chart shows the number of concert tickets sold and the profit earned. Find an equation that defines the profit with respect to the number of tickets sold.

Tickets Sold Profit (dollars)
50 100
100 250
150 400
200 550

1.) P = 2T
2.) P = 3T + 50
3.) P = 2T – 50
4.) P = 3T – 50

Answers

Answer:

it's 4

Step-by-step explanation:

because

let's say

a. P = 100

T = 50

P = 3T - 50

= 3(50) - 50

= 150 - 50

= 100

and the same for the others

The equation of the profit will be P = 3T – 50. Then the correct option is 4.

What is the equation of line?

The equation of line is given as

y = mx + c

Where m is the slope and c is the y-intercept.

The following chart shows the number of concert tickets sold and the profit earned.

Tickets Sold            Profit (dollars)

      50                             100

     100                            250

     150                            400

    200                            550

The equation that defines the profit (P) with respect to the number of tickets sold (T) will be

m = 250 – 100 / 100 – 50

m = 150 / 50

m = 3

Then the equation will be

y = 3m + c

For T = 150, P will be 400.

400 = 150 x 3 + c

400 = 450 + c

    c = –50

Then the equation of the profit will be

P = 3T – 50

Then the correct option is 4.

More about the equation of line link is given below.

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Hello! I really need help on these two questions please!

Answers

Answer:

1. y-4=1/3(x-3)

used (3,4)

2. y-7=3(x-3)

used (3,7)

Help asap please.. Brainliest to correct!

Answers

Answer:

Step-by-step explanation:

  x + 6 I x³ + 2x²  - 10x + 84   I   x² - 4x + 14

              x³ + 6x²

            -     -      

                     -4x² - 10x

                    -4x²  - 24x

                    +       +    

                               14x + 84

                                14x + 84

                                -      -      

                                     0

P(x)  =(x +6)* ( x² - 4x + 14) + 0

please help
the answer is not 16

Answers

Answer:

18

Step-by-step explanation:

KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

Answers

Answer:

D

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

3, 5, 6

the area of a triangle is 54cm². if the height of the triangle is 6cm, find it's base.​

Answers

Answer:

18cm

Step-by-step explanation:

triangle area = b*h/2

base = 2*area : h

2 * 54 : 6 =

18

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

18*6:2= 54

the answer is good

Suppose that P(A) = 0.42, P(B) = 0.5, and events A and B are independent.
What is P(A and B)? Do not round your answer.
O 0.05
O 0.21
0.275
O
0.95

Answers

Answer:

.21

Step-by-step explanation:

Just took on Edge

The value of P(A and B) = 0.21

What is Probability?

Probability refers to potential. A random event's occurrence is the subject of this area of mathematics.

The range of the value is 0 to 1. Mathematics has incorporated probability to forecast the likelihood of various events.

The degree to which something is likely to happen is basically what probability means.

Given:

P(A) = 0.42, P(B) = 0.5

As, events A and B are independent.

so, P(A and B)

= P (A) . P(B)

= 0.42 x 0.5

= 0.21

Hence, the value of P(A and B) = 0.21

Learn more about Probability here:

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The first floor of a house consists of a kitchen, playroom, and dining room. The areas of the kitchen,
playroom, and dining room are in the ratio 4 : 3 : 2. The combined area of these three rooms is 189
square feet. What is the area of each room?

Answers

area of kitchen: 4x = 4(21) = 84 ft^2
area of playroom: 3x = 3(21) = 63 ft^2
area of dining room: 2x = 2(21) = 42 ft^2

6. Write an algebraic expression.
The quotient of 34 and the product of a
number and -9

Answers

Answer:

34÷x-9

Step-by-step explanation:

34 divided by a number(x) times -9

plz help me i really need help these problems are really hard for me to understand so if anybody helps it would be highly appreciated​

Answers

Answer:

51.5; the origin

Step-by-step explanation:

Translation

For the translation find the distance between corresponding points of A and A'. It is 5 units.

Dilation

We see the figures A' and A'' are symmetrical and the sides on the x-axis overlap. It means the center of dilation is the origin, the point (0, 0).

Find the scale factor by dividing the corresponding x- or y- coordinate of A'' to the one of A'.

Take points (-2, 0) of A' and (-3, 0) of A''.

The scale factor is:

k = -3/-2 = 1.5

solve 3/4 h - 12= 8 5/8

Answers

Answer:

27 1/2

Step-by-step explanation:

8 5/8 + 12 = 20 5/8

3/4h = 20 5/8

Divide 20 5/8 by 3/4 = 27 1/2. Therefore h = 27 1/2.

Answer:

h=55/2

Step-by-step explanation:

3/4h-12=69/8 simply 8 5/8

+12. +12. add 12 to each side

multiply each side by 4/3

h=55/2 or 27 1/2

A coin is tossed and a die is rolled. What is the probability of tossing heads and rolling either a 5 or 6?

Answers

Answer:

The probability of tossing heads and rolling either a 5 or 6 is possible (or unlikely). This because the probability of tossing heads is 1/2 and the probability of rolling a 5 or 6 is 1/6 so combined would be unlikely.

Solve for the rate (as a %). Round to the nearest tenth of a percent when necessary,
$7.30 is what percent of $58.20?

Answers

In accordance with the query, we have 12.6% of $58.20. The closest tenth of one percent.

What percentage is 20%?

It really is 100 * 20 / 100 = 20percent . In this circumstance, percentages are useful. When describing a change from one % to another, we use percentage points. The difference between 10% and 12% is four percent respectively (or 20 percent).

Solve for the rate (as a %). Round to the nearest tenth of a percent when necessary, we have following :

$7.30 is what percent of $58.20.

rate = (7.30 / 58.20) * 100

rate = 0.126034483 * 100 = 12.6%

Rounding to the nearest tenth of a percent, the rate is 12.6%.

So $7.30 is 12.6% of $58.20.

To know more about Percent visit :

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Solve 31-X + (2 x + 1)] = x - 1.

Answers

Answer:

x = X + 33 (I am guessing "x" and "X" are not the same. "x" is a variable and "X" is a constant.)

Step-by-step explanation:

31 - X + (2x+1) = x - 1

or, 2x+1 = x - 1 - 31 + X

or, 2x - x = -1 -31 + X -1

or, x = -2 -31 + X

or, x = X - 33

Give the slope of the graph and the unit rate. Express your answers as simplified fractions, if necessary.


Jorge: 5 miles every 7 hours

Answers

Answer:

The slope of the graph is 7/10

Which statement is most accurate?

Answers

The last one is the answer

In 9 minutes, a conveyor belt can move 1,000 bushels of corn into a storage bin. A smaller belt can move 1,000 bushels to the storage bin in 13 minutes. If both belts are used, how long will it take to move 1,000 bushels to the storage bin?

Answers

Answer:

In 117min. there will be 9,000 bushels in a storage bin.

Step-by-step explanation:

LCM of 13 and 9 is 117, then add from there.

Help Asap! I will give brainliest

Answers

I think it is
Y = 2x - 6

For the following line, one endpoint and midpoint is given. Find the
other endpoint.
Line EF given E(-6,-5) and Mef(-2,6).
lo

Answers

Answer:

ewan ko sayo tanong ka sa mama mo

Why do people hate math?

Answers

People usually hate math because some people don’t understand how to do or answer a certain question. As well as it’s challenging in most part. Most questions are easy and some will require work.

A home goods store sells 385 lamps in the month of July. If it sells 200 more
lamps in the next month, how many lamps does it sell in August?

Answers

Answer:

585

Step-by-step explanation:

We knew that the store sold 385 lamps in month of July. 200 more lamps were sold the next month which is August. Thus by addition, 585 lamps were sold in August.

What is addition?

Addition is one of the four basic operations of arithmetic, the other three being subtraction, multiplication and division. The addition of two whole numbers results in the total amount or sum of those values combined.

Lamps sold in July = 385

Given: 200 more lamps were sold in next month i.e., August.

Lamps sold in August = 385 + 200 = 585

Learn more about addition here

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1 litre is approximately 1.75 pints 1 gallon = 8 pint calculate the approximate number of gallons that are equal to 48 000cm^3

Answers

Answer: 27428.571

Step-by-step explanation:

i just divided 1 by 1.75 then timesed it by 48000

MULTIPLE CHOICE:

Jen and David owe $21,000 in loans for their two cars. The amount of the loan for Jen's car is $2,000 less than twice the amount of the loan for David's car. How much is each car loan? (Let j represent the amount of Jen's loan and let d represent the amount of David's loan.)


A. d + j = 21,000
2d − 2,000 = j


B. j + d = 21,000
2j − 2,000 = d



C. j + d = 21,000
2j + 23,000 = d


D. j + d = 2,000
2j − 21,000 = d


E. d + j = 2,000
2d − 21,000 = j

Answers

9514 1404 393

Answer:

  A. d + j = 21,000; 2d − 2,000 = j

  d = $7,666.67; j = $13,333.33

Step-by-step explanation:

The relationships given in the problem statement are ...

  d + j = 21,000 . . . . .  the total of the two loans is $21,000

  2d -2000 = j . . . . . . Jen's is $2000 less than twice David's

__

These equations can be solved by substituting for j:

  d +(2d -2000) = 21000

  3d = 23000 . . . . . . . . . . . add 2000, collect terms

  d = 23000/3 = 7666.67 . . . divide by the coefficient of d

  j = 21000 -d = 21000 -7666.67 = 13333.33

Jen's loan is $13,333.33; David's loan is $7,666.67.

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