A U.S. citizen invested a $1200 government stimulus check they received on March 1, 2020,
into stocks that grew with an annual percentage rate of 20.2%, compounded continuously.
How much are these stocks worth 9 months later on December 1, 2020? Round to two
decimal place accuracy. (Hint: 9 months = 0.75 years)

Answers

Answer 1

The stocks are worth $ 1396.29 nine months later.

Using the continuous compounding formula,

[tex]A = Pe^{rt}[/tex] where

A = final amount of stocks P = initial amount of stocks = $1200, r = compounding rate = 20.2 % = 0.202 t = 9 months = 0.75 years

Substituting the values of the variables into the equation, we have

[tex]A = Pe^{rt}[/tex]

[tex]A = 1200e^{0.202 X 0.75}\\A = 1200e^{0.1515}\\A = 1200(1.1636)\\A = 1396.29[/tex]

So, the stocks are worth $ 1396.29 nine months later.

Learn more about continuous compounding here:

https://brainly.com/question/24722580


Related Questions

4.6 + 3.28 + 1.03 = ___


8.91

8.81

8.37

8.18

Answers

Answer: The answer is 8.91.

Answer : 8.91

Step - by - step explanation :

Sometimes if a question is to big for you - it's best to start off small . . .

4.60 + 3.28 = 7.88

7.88 + 1.03 = 8.91

1. Gavin buys 89 blue pansies and
86 yellow pansies. He will plant the flowers
in 5 rows with an equal number of plants
in each row. Draw a bar model to help you
find how many plants will be in each row,
O
17
Spiral Review

Answers

nose nilo que dise perdoooooooon xd

Choose the fraction that goes in the blank. 5/12< _____<3/4

Answers

Answer:

7/12 or 8/12 are both good options

Step-by-step explanation:

nvr mind, its 7/12 only

Can someone please explain step by step on how I subtract fractions like for an a example!
7/8 - 3/8 ?

Answers

Keep the denominators the same and subtract the numerators. So for example in your example:

7/8 - 3/8

Leave the 8 alone. Subtract 3 from 7.

7 - 3 = 4

So answer is:

4/8

Sometimes they may have to simplify the answer, and in this case, 4/8 could be simplified to 1/2

When subtracting fractions with the same denominator (in this case 8) you only have to worry about the numerator (7&3)

ANSWER - 7/8-3/8= 4/8

Now since you can simplify 4/8 you would divide both by 4 and your simplified answer is 1/2.


The length of my rectangular calculator lid is 11 mm more than the width. The area is 152 square
mm. Find the dimensions of the lid.

Answers

Answer:

The dimensions of the lid are 8mm by 19mm.

w = 8

l = 19

Step-by-step explanation:

[tex]l=w+11\\l\times w=152[/tex]

where l is length and w is width. This can be solved as a system of equations.

[tex]l\times w=152\\(w+11)\times w=152\\w(w+11)=152\\w^2+11w=152\\w^2+11w-152=0[/tex]

At this point, it gets a little tough. I might be unnecessarily overcomplicating things, but this is the only way I see to solve the problem.

=================== Skip down below if you don't care about factoring

You need to factor the newly created trinomial.

[tex]ax^2+bx+c[/tex]

With a trinomial in this form, you need to find 2 numbers that add together to make b and multiply together to make ac.

Here, we need 2 numbers that add to 11 and multiply to -152. First, factor 152:

1, 152

2, 76

4, 38

8, 19

Then the reverse of all of those is true too, of course:

19, 8

38, 4

etc

In our case, we're looking for -152, so one of our factors will be negative. We're also looking for factors that add up to 11. Looking at these factors, you can see that 19 - 8 = 11, so our factors are 19 and -8.

Finally, you can use those to factor our trinomial. Split up the middle number (11w) into two:

[tex]w^2+11w-152=0\\w^2-8w+19w-152=0[/tex]

And now, you can factor by grouping:

[tex]w^2-8w+19w-152=0\\w(w-8)+19(w-8)=0\\(w+19)(w-8)=0[/tex]

===================

Now that the number is factored, you can finally find w:

[tex](w+19)(w-8)=0[/tex]

Here, you can see that the equation will be true when w = -19 or w = 8. Those are our solutions, but we can't have a negative distance, so it's just

[tex]w=8[/tex]

Going all the way back to the top, now you can use the width to find the length.

[tex]l=w+11\\l=8+11\\l=19[/tex]

That one was much easier.

The dimensions of the lid are 8mm by 19mm.

Finally, check that with both of the original equations to make sure it's correct.

[tex]l=w+11\\19=8+11\\19=19\\\\l\times w=152\\19\times8=152\\152=152[/tex]

Prove that
sin 75-sin 15=cos 105+cos 15​

Answers

Answer:

 

Step-by-step explanation

RHS = cos 105° + cos 15°

         = cos (90° + 15°) + cos (90° – 75°)  

         = – sin 15° + sin 75°

         = sin 75° – sin 15°

          = LHS

Answer:

Step-by-step explanation:

sin75-sin15

=sin (90-15)-(-cos (90+15))

=cos 15+cos 105

1. If you roll two fair dice, what is the probability that the sum of both rolls is 8?

Answers

Answer:

1/4

Step-by-step explanation:

Sample space = 12

Prob of sum = 8 is:

[2,6], [3,5]. [4,4]

That is 3/12 = 1/4

Solve the inequality 15 ≥ q + 3

Answers

Answer:

[tex]q\le \:12[/tex]

Step-by-step explanation:

Solving

[tex]\mathrm{Switch\:sides}[/tex]  (Not a required step)

[tex]q+3\le \:15[/tex]

[tex]\mathrm{Subtract\:}3\mathrm{\:from\:both\:sides}[/tex]

[tex]q+3-3\le \:15-3\\=q\le \:12[/tex]

[tex]\bold{q\le \:12}[/tex]

Graphing

Rewrite in simplest terms: (-9x + 7y) - (-9x + 5y)

Answers

Answer:

3y

Step-by-step explanation:

(-9x+7y)-(-9x+5y)

Distribute the negative(-)

-9x+7y+9x-5y

-9 and 9 cancel each other

3y

The simplest terms of the given expression  (-9x + 7y) - (-9x + 5y) will be 2y.

What is an expression?

A mixture of variables, numbers, addition, subtraction, multiplication, and division are called expressions.

A statement expressing the equality of two mathematical expressions is known as an equation.

As per the given expression,

(-9x + 7y) - (-9x + 5y)

Open the bracket

-9x + 7y + 9x - 5y

Combined likely terms together

-9x + 9x + 7y - 5y

0 + 2y = 2y

Hence "The formula (-9x + 7y) - (-9x + 5y) will have 2y as its simplest terms".

To learn more about expression,

https://brainly.com/question/14083225

#SPJ2

Raven can walk 2 2/5 miles in 3/5 hour. At this rate, how far can she walk in 1 hour? You might want to change 2 2/5 to an improper fraction in order to make the math easier for you to do.

Answers

The distance traveled by Raven in 1 hour at the given rate is 4.0 miles.

The given parameters:

Distance traveled by Raven = 2 2/5 milesTime of motion, t = 3/5 hour

The speed of Raven motion is calculated as follows;

[tex]V = \frac{Distance}{Time} \\\\V = Distance\ \times \ \frac{1}{Time} \\\\V = 2\frac{2}{5} \ miles \ \ \times \ \ \frac{1}{3/5 \ hr} \\\\V = \frac{12}{5} \ miles \ \ \times \ \ \frac{5}{3 hr} \\\\V = 4 \ mph[/tex]

The distance traveled by Raven in 1 hour at the given rate is calculated as follows;

[tex]D = 4 \times 1\\\\D = 4 \ miles[/tex]

Learn more about rate and distance here: https://brainly.com/question/1090517

The Hayes family and the Rodrigues family use their sprinklers last summer. The water output rate for the Hayes family sprinkler was 15 L per hour. The water Output rate for the Rodriguez family speakers is 30 L per hour.Families used their sprinklers for a combined total of 75 hour result in a total water of output of 1725 L how long was a sprinkler used?

Answers

Answer:

Hayes family: 35 hoursRodrigues family: 40 hours

Step-by-step explanation:

Let x and y represent the usage hours by the Hayes and Rodrigues families, respectively. The problem statement gives us relations that can be used to write equations for volume of use and for total hours.

  15x +30y = 1725 . . . . . total liters of use

  x + y = 75 . . . . . . . . . total hours of use

The second equation lets us write an expression for y:

  y = 75 -x

This can be substituted into the first equation to give ...

  15x +30(75 -x) = 1725

  -15x + 2250 = 1725 . . . . . . simplify

  -15x = -525 . . . . . . . . . . . subtract 2250

  x = 35 . . . . . . . . . . . . . . divide by -15

  y = 75 -35 = 40

The Hayes family used their sprinklers for 35 hours; the Rodrigues family used theirs for 40 hours.

plz help me to answer

Answers

Answer:

H=2  r=1

Step-by-step explanation:

P= 2h+4r + πr = π+8

h= π+8- πr -4r/2

(pls give brainliest if helps!)

Use the GCF and the Distributive property to find the sum of 66+78

Answers

Here is ur answer of your question

A2 + B2
Best answer gets a brainliest and thank and 5 star

Answers

Answer:

a+b)(a-b)

(Step-by-step explanation:

What is the value of x in the equation 8+4 = 2(x-1)2
O 5
11
o
2

o
13
2
O 7

Answers

Step-by-step explanation:

→ 8 + 4 = 2(x -1)

→ 12 = 2x - 2

→ 2x - 2 = 12

→ 2x = 12 + 2 = 14

→ x = 14/2 = 7

→ x = 7

hence, option D (7) is correct.

Hope this answer helps you dear ! take care

What is the value of the expression

Answers

Answer:

C. 9

Step-by-step explanation:

K(3)=3*3=9........................

(a) The area of a rectangular parking lot is 7050 m².
If the length of the parking lot is 94 m, what is its width?

(b) The perimetel of a rectangular pool is 356 m.
If the width of the pool is 82 m, what is its length?
Length of the pool: Im

Answers

Answer:

75 m, 96 m

Step-by-step explanation:

a. Area = length x width

7050 = 94 x width

7050/94 = w

75 m is width

b. perimeter = 2L + 2W

356 = 2L + 2(82)

356 = 2L + 164

192 = 2L

96 m = L

The population of a slowly growing bacterial colony after t hours is given by
p(t) = 4t² + 27t + 150. Find the growth rate after 2 hours.
bacteria/hour
Submit Question

Answers

A function is an expression that defines a relationship between an independent variable and a dependent variable.

The number of bacteria colonies after 2 hours is 220.

What is a function?

It is an expression that defines a relationship between an independent variable and a dependent variable.

We have,

P(t) = 4t² + 27t + 150

Where t = time

P(t) = population of a slowly growing bacteria colony after a particular time

The growth rate after 2 hours:

P(2) = 4 x (2)² + 27 x 2 + 150

P (2) = 16 + 54 + 150

P (2) = 220

Thus the number of bacteria colonies after 2 hours is 220.

Learn more about functions here:

https://brainly.com/question/17440903

#SPJ5


Find the area of the equilateral triangle.

Answers

Answer:

try 6.93 for answer on equilqteral triangle

12. After 80 years of 5.8% interest compounded monthly, an account has $102,393.44. What was the
original deposit amount?

Answers

Answer:

12195508,42

Step-by-step explanation:

A(1-R) NA is the depositR is the % presentN is the time period (exponent)A(1-5.8%)80=102,393.44

An account has $102,393.44 after 80 years of 5.8% compounded monthly interest. The initial deposit was around $991.45.

What is meant by deposit?A deposit is money held at a bank. A deposit is a monetary transaction in which money is transferred to another party for safekeeping.A deposit is money placed in a bank account. Deposits are classified into two types: demand deposits and time deposits. Checking, savings, and money market accounts are all examples of demand deposit accounts. Certificates of deposit (CD) and individual retirement accounts are examples of time deposit accounts.

Therefore,

Assume that each year has 52 weeks: then compounding occurs.

n = 52 × 80n

times and the rate for each compounding is

[tex]$i=\frac{5.8 \%}{52}=\frac{0.058}{52}$[/tex]

If the original deposit amount is

PV

then the future value

FV

is equal to

[tex]$$F V=P V \cdot(1+i)^n=P V \cdot\left(1+\frac{0.058}{52}\right)^{52 \cdot 80}$$[/tex]

We know the future value (which is given as $ 102,393.44), so calculating the present value is simple:

[tex]P V=F \frac{V}{(1+i)^n}=\frac{\$ 102,393.44}{\left(1+\frac{0.058}{52}\right)^{52 \cdot 80}}[/tex]

The simplest way to compute this is to use a calculator:

[tex]$P V \approx \$ 991.45 .$$[/tex]

We can simplify this expression with great precision just for fun. It is well known that

[tex]$\left(1+\frac{1}{n}\right)^n \rightarrow e$[/tex]

which easily implies that

[tex]$\left(1+\frac{a}{n}\right)^n \rightarrow e^a$[/tex]

Here,

[tex]$$\left(1+\frac{0.058}{52}\right)^{52 \cdot 80}=\left(\left(1+\frac{0.058}{52}\right)^{52}\right)^{80} \approx\left(e^{0.058}\right)^{80}=e^{0.058 .80}=e^{4.64}[/tex]

That is, [tex]P V \approx F V e^{-4.64}$.[/tex]

Hence, An account has $102,393.44 after 80 years of 5.8% compounded monthly interest. The initial deposit was around $991.45.

To learn more about deposit, refer to:

https://brainly.com/question/25787382

#SPJ2

Choose a way to solve.
Write or draw to explain.
2. Greg has Il shirts.
3 have long sleeves.
The rest have short sleeves.
How many short-sleeve
shirts does Greg have?
Help please! Thank you in advance!!

Answers

Answer:

8 short sleeve shirts

Step-by-step explanation:

Subtract the total amount of of shirts by the number of shirts with long sleeves to find your answer.

Suppose that sin a= 15/17 and 90 degrees

Answers

Ok done. Thank to me :>

Assume running consumes 95 cal per mile. If you run 9- minute miles, what is your average power output in watts

Answers

so (95/9)x2x60 Cal used in (1/9)x60 mile run in 2 hr or 120 min
95/9= about 10.5 cal/min
1 cal= 4.2J/S
(10.5 x 4.2)/60= 0.735 watts

Please help!!!!!!!!!!!!!!

Answers

Answer:

The answer is A.

Step-by-step explanation:

1 plus 2x (276-5y) + 69= A.

The amount of money charged to borrow money, expressed as a percentage,
is called the
A. collateral
B. interest rate
O C. principal
D. loan term

Answers

Answer:

Interest rate

Step-by-step explanation:

The amount owed is called the principal and the price of borrowing money is called interest. Some people spend a day's pay (or more) per week repaying the interest and principal owed on car loans, credit card bills, student loans, and other consumer debts.

y = 30.078(1.003)*.
Question 1
? Question
Use the exponential model to make predictions about closing prices of this stock. Remember that x
represents the number of weeks since the first data point, so the value of x today would be 260.
Type the correct answer in each box. If necessary, round the answers to the nearest cent.
One week from today, the stock is predicted to close at $
One month from today, the stock is predicted to close at $
One year from today, the stock is predicted to close at $

Answers

Using the exponential function, it is found that:

One week from today, the stock is predicted to close at $65,734.37.One month from today, the stock is predicted to close at $66,327.75.One year from today, the stock is predicted to close at $76,584.35.

The exponential function is:

[tex]y(x) = 30078(1.003)^x[/tex]

x  represents the number of weeks since the first data point, so the value of x today would be 260.

Hence, considering today as an starting point, the function is:

[tex]y(x) = 30078(1.003)^{x + 260}[/tex]

One week from now, we have y(1), hence:

[tex]y(1) = 30078(1.003)^{1 + 260} = 65734.37[/tex]

One week from today, the stock is predicted to close at $65,734.37.

One month from now, we have y(4), hence:

[tex]y(4) = 30078(1.003)^{4 + 260} = 66327.75[/tex]

One month from today, the stock is predicted to close at $66,327.75.

One year from now, we have y(52), hence:

[tex]y(52) = 30078(1.003)^{52 + 260} = 76584.35[/tex]

One year from today, the stock is predicted to close at $76,584.35.

To learn more about exponential functions, you can take a look at https://brainly.com/question/25958656

Answer:

One week from today, the stock is predicted to close at $65,734.37.

One month from today, the stock is predicted to close at $66,327.75.

One year from today, the stock is predicted to close at $76,584.35.

Step-by-step explanation:

A car traveled 133 miles in 4 3/4 hours. What was the cars average speed in miles per hour?

Answers

4 3/4 = 19/4

 

133/(19/4) = 133(4/19) = 1197/19 = 63 mph

wren is going to add an ordered pair to the table that will cause the table to no longer be a function. Which could be the ordered pair?
X Y
-3 7
-1 5
0 3
2 6
_ _

Answers

Answer:

(0,-2)

Step-by-step explanation:


[tex]f(x) = {x}^{3 } + {3x}^{2} - 9x + 5[/tex]
which of the following are roots of a polynomial function?
check all that apply
a[tex]1 - \sqrt{3} [/tex]
b
[tex]1 + \sqrt{3} [/tex]
c
[tex] - 5[/tex]
D
[tex]3 - \sqrt{2} [/tex]
E
[tex]3 + \sqrt{2} [/tex]
F
[tex]1[/tex]

Answers

Answer:

[tex]f(1) = {(1)}^{3} + 3 {(1)}^{2} - 9(1) + 5 \\ (x - 1) = 0 \rightarrow \: x = 1 \\\frac{{x}^{3 } + {3x}^{2} - 9x + 5}{x - 1} = {x}^{2} + 4x - 5 \\ (x + 5)(x - 1) = 0 \\ x = - 5 \: or \: x = 1 \\ \color{red}\boxed{x_{1} = 1} \\\color{yellow} \boxed {x_{2} = 1} \\ \color{green}\boxed{x_{3} = - 5} [/tex]

The answer would be C and F

Answer: 1 & -5

Step-by-step explanation

I thought of a number. This number double is 7 less than 29. What is my number? hurry please

Answers

Answer:

11

Step-by-step explanation:

11*2=22

29-7 =22

Answer:

11

Step-by-step explanation:

Let x be your number

Is means equals

2x = 29-7

2x= 22

2x/2 = 22/2

x =11

Other Questions
TRANSLATE THIS SENTENCE INTO AN EQUATION FOR BRAINLIEST!!! Domain and Range from this functions F(x)= (1/4x-1)^3 +2 a)3NIX 01/xbb)== 8.5 Consider Australian football, cricket, and field hockey. Of the three, list which of those sports you find the most interesting, why it interests you, and a few rules of the game. what is 174 divided by 74 What is 7C3? Thanks. Write an if/else statement that assigns 1 to the variable fever if the variable temperature is greater than 98.6; otherwise it assigns 0 to fever. -8 = m/3 + 2Solve the equation. m=?Please explain using 2-step version A circle has a radius of 2/2 units and a center at (-5, 1). Which point is located on the circle? (-3,1) (-3,2) (-3,3)(-3,4) how many cases does he hear per hour? Below are three graphs. The shape of graph 3 shows that the current flowing through this component is __________ proportional to the potential difference across it. What one word completes the sentence? What is a light that appears colorless called in art. tm li sai trong 2 cu sau1) I'm going to have my car repair next week2)peolpe whom volunteer to work in asian countries spend up to six months at a time in the south of africa 10.A: How was your trip to Vietnam after 10 years?B:a.Amazing! I couldn't believe how much it has changed!b. Thank you for asking me.c. 10 years? It's 11 years.dNo, I can't tell you. Complete the sentences below based on the graph of the function.Please help! Which characteristics did early Japanese, Chinese, and Korean civilizations share?They were friendly nations that shared culture and customs.They were nations at war that shared a common religion.They were neighboring countries that shared a common history.They were countries with dissimilar culture and customs. Can someone please help me find a subjunctive tense in any of these sentences 1. Que da quieres que sea la fiesta 2. Prefieres refresco o jugos para la fiesta?3. Qu te gusta ms: queso o galletas saladas?4. Qu te gusta ms: carne o patatas fritas?5. Qu comida te gustara para la fiesta? Many amateur video games suffer from what kind of layout?A. an overly neutral layoutB. an overly simplistic layoutC. an over-crowded layoutD. a boring layout Which statement describes a homogeneous catalyst?It is in a gaseous phase only.It is in the same phase as the reactants.It is completely consumed by reactants.It forms different products than the uncatalyzed reaction forms. Simplify.(12x) (2)6x12x3x112x