I need this TONIGHT!!! Three years ago, Jolene bought $750 worth of stock in a software company. Since then the value of her purchase has been increasing at an average rate of 5 1/2% per year. How much is the stock worth now? (Round each money calculation you make to the nearest cent.) The stock is worth $ now.

Answers

Answer 1

Answer:

[tex]A\approx\$880.68[/tex]

Step-by-step explanation:

So, we know that Jolene bought an initial $750.

We also know that the purchase is increasing at an average rate of 5 1/2 %or 5.5%. In other words, this is being compounded.

So, we can use the compound interest formula, which is:

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

Where A is the total amount, P is the principal value, r is the rate and n is the number of times compounded per year, and t is the amount of years.

So, substitute 750 for P. 5 1/2% is the same as 5.5% or 0.055 (you move the decimal two places to the left and remove the percent symbol) so substitute this for r. Since it's increasing yearly, n is 1. So, our formula is:

[tex]A=750(1+0.055)^t[/tex]

Add:

[tex]A=750(1.055)^t[/tex]

Since the stock was bought 3 years ago, the value now is t=3. So, substitute 3 for t and evaluate:

[tex]A=750(1.055)^3[/tex]

Evaluate. Use a calculator:

[tex]A\approx\$880.68[/tex]

And we're done!

Answer 2

Formula: A = P(1 + r/n)^t

We have these variables:

P = 750

r/n = 0.055

t = 3

Substitute and simplify:

A = 750(1 + 0.055)^3

A = 750(1.055)^3

A = 880.68

Best of Luck!


Related Questions

____________________ A letter that represents one or more numbers. pick from these: Absolute Value Distributive Property Equation Evaluate Equivalent Simplify Expression Integers Like Terms Inequality Reciprocal Coefficient Variable Solution Ratio

Answers

Answer:

The answer is a Variable

Step-by-step explanation:

In algebra, symbols (usually letters) are used to represent numbers. To solve math problems, you should know what variables and constants are. Here is an introduction to the terms variables and constants. A variable is a letter or symbol used as a placeholder for an unknown value.

I hope this helps you :)

Find the distance between the points (-6,-8) and (-2,0). The answer must be a whole number or a fully simplified radical expression do not round up

Answers

Answer:

The answer is

[tex]4 \sqrt{5} \: \: \: units[/tex]

Step-by-step explanation:

The distance between two points can be found by using the formula

[tex]d = \sqrt{ ({x1 - x2})^{2} + ({y1 - y2})^{2} } \\ [/tex]

where

(x1 , y1) and (x2 , y2) are the points

From the question the points are

(-6,-8) and (-2,0)

The distance between them is

[tex]d = \sqrt{ ({ - 6 + 2})^{2} + ({ - 8 - 0})^{2} } \\ = \sqrt{ ({ - 4})^{2} + ({ - 8})^{2} } \\ = \sqrt{16 + 64} \\ = \sqrt{80} [/tex]

We have the final answer as

[tex]4 \sqrt{5} \: \: \: units[/tex]

Hope this helps you

Which statement is true?
a)Bill Gates and Guido van Rossum cofounded Microsoft.
b)Bjarne Stroustrup published the first reference guide for C++.
c)Paul Allen developed object-oriented programming.
d)John McCarthy led a team that developed FORTRAN.

Answers

I think b have a good day:)

Question is based upon our General knowledge in the field of IT and programming languages[tex].[/tex]

Let's see the choices:

1) It is true that Bill Gates founded teh Microsoft, but Guido Von Rossum is the founder of python. So, this is incorrect option.

2) Bjarne Stroustrup is the creater of C++ programming language, and also published the Annotated C++ reference manual. So, this is correct✓.

3) Paul Allen was the one who co-founded the Microsoft cooperation along with Bill Gates. So, this is also incorrect.

4) John McCathy invented or founded LISP, which came after FORTAN, So he isn't the founder of FORTAN. So, this is also Incorrect.

So, correct option is Option B

#CarryOnLearning

━━━━━━━━━━━━━━━━━━━━

Identify all properties being shown: (5x^3 + 2) + 7x^2 = (7x^2 + 5x^3) + 2

Answers

Answer:

No solutions

Step-by-step explanation:

5x^3 + 2 + 7x^2 = 7x^2 + 5x^3 +2

125x + 2 + 49x = 49x + 125x + 2

-125x                             -125x

2 + 49x = 49x + 2

-2 -49x    -49x  -2

0 = 0

Hope this helped :)

In your own words, write a verbal expression for the following algebraic expression.
18p

Answers

Step-by-step explanation:

18p is a multiplication expression in itself.

It could be written as 18 x p. I am confused on what you mean as 'verbal' so i'm gonna take a wild guess and say word form.

eighteen times p???

Sorry if it's wrong.


Solve using standard algorithm 7.3+2.8

Answers

the answer should be 10.1

Solve the equation for the variable. Make sure your answer is in simplest form.

[tex] - 3 - 39x = 11x - 23[/tex]
[tex]x = \frac{?}{?} [/tex]
Enter the numbers that belong.​

Answers

Answer:

Here's your answer

hope this helped you

please mark as the brainliest (ㆁωㆁ)

Answer:

x = [tex]\frac{2}{5}[/tex]

Step-by-step explanation:

Given

- 3 - 39x = 11x - 23 ( subtract 11x from both sides )

- 3 - 50x = - 23 ( add 3 to both sides )

- 50x = - 20 ( divide both sides by - 50 )

x = [tex]\frac{-20}{-50}[/tex] = [tex]\frac{2}{5}[/tex]

Which equation represents a line that passes through (4, 1/3) and has a slope of 3/4? ​

Answers

Answer:

y = 3/4x - 8/3

Step-by-step explanation:

If you have any questions about the way I solved it, don't hesitate to ask me in the comments below ;)

What is the greatest common factor of 45 and 60?

Answers

Answer:

60 is correct answer by method of hcf

Answer:

The greatest common factor of 45 and 60 is 15

Step-by-step explanation:

Help help help help please-

Answers

Answer:

x = 17

Explanation:

Notice that all three of the angles combined create a straight angle. This means that the sum of all three angles is equal to 180 degrees.

Create your equation (7x - 2) + (2x + 4) + (25) = 180

Combine like terms 9x + 27 = 180

Subtract the constant from each side 9x = 153

Divide each side by the coefficient x = 17

You can check your work or find each individual angle by substituting 17 in for x.

NEEDING SMART PPL PLEASE I NEED HELP will give brainly Given the following expressions:
A. 5^3· 5^-4 B. 3^5/3^-6
C. (1/4)^3 · (1/4)^2
D. (-7)^5/(-7)^7
Part 1: Use operations of exponents to simplify each expression (A-D). Include your work in your final answer.

Part 2: For each simplified expression (A-D), tell whether or not the expression has a value between 0 and 1. please write in your own words

Answers

Answer:

Part 1:

a. 5^3 x 5^-4 = 125 x 1/(5)^4 = 125 x 1/625 = 125/625 = 0.2b. 3^5/3^-6 = 3^5 x 3^6 = 243 x 729 = 177147c. (1/4)^3 x (1/4)^2 = 1/64 x 1/16 = 1/1024 = 0.00097656d. (-7)^5/(-7)^7 = -16807/-823543 = 1/49 = 0.02040816...

Part 2:

a. has a value between 0 and 1 because the answer to the expression is 0.2b. does not have a value between 0 and 1 because the answer to the expression is 177147c. has a value between 0 and 1 because the answer to the expression is 0.00097656d. has a value between 0 and 1 because the answer to the expression is 0.02040816...

Crissy sold 12 of the same model televisions to a morel. If the total cost was
$4,557.60, what was the average price, in dollars, of each television?
A
$371.47
B
$378.18
С
$396.47
D
$379.80
I

Answers

D)379.8

Just divide 4557.6 by 12 to get the price of one tv

Brainliest?

Answer:

D-$379.8

Step-by-step explanation:

4557.60/12=379.80

if α,β are the roots of the equation x^{2}-3x+2=0 form an equation whose roots are (α+β)² & (α-β)²

Answers

Solution:-

Let's find roots of x² - 3x + 2

=> x² - 3x + 2 = 0.

=> x² - x - 2x + 2 = 0.

=> x ( x - 1 ) -2 ( x - 1) = 0.

=> ( x - 1 ) ( x - 2 ) = 0.

=> x = 2, 1.

Now

( a + ß )² = (2+1)²=3²=9( a - ß )² = ( 2 - 1 )² = 1² = 1.

So , equⁿ would be ,

=> x² - ( 9 + 1)x + 9×1=0.

=> x² - 10x + 9=0.

A store sells rope by the meter. The equation p=0.8L represents the price p (in dollars) of a piece of nylon rope that is L meters long. How much does the nylon rope cost per meter? How long is a piece of nylon rope that costs $1.00?

Answers

Answer: a. $ 0.8

b. 1.25 meters

Step-by-step explanation:

Answer:

a. $ 0.8

b. 1.25 meters

Step-by-step explanation:

hope it helps

Question 7
2 pts
Carlos is planning to buy a new video game. He checked the price for two
games that he would like to buy. The Super Mario game costs $56.48. The
Zelda game costs $38.99. Estimate how much money will Carlos save if he
buys the Zelda game. Explain how you rounded the numbers. Include an
equation to represent how you estimated.
Edit
Insert Format Tools Table
12pt
Paragraph
BI
U
T?
:

Answers

Answer:$15-$20

Step-by-step explanation:

56.48 is about 55 38.99 is about 40. 55-40 = 15

how many times can a rectangle be reflected across an axis of symmetry so that it carries onto itself

Answers

Answer:

A rectangle can be reflected across an axis of symmetry so that it carries onto itself twice. Rectangles are geometric shapes with two lines of symmetry. One line of symmetry divides a rectangle in half horizontally, and the other line divides the shape in half vertically.

Step-by-step explanation:

Two times.

Or four times if the rectangle happens to be a square.

the quotient of 24.5 ÷ 0.8 and 245÷8 is equal to?​

Answers

Answer:

Step-by-step expla

24.5 by 0.8 =30.625

245 by 8 = Exact form is =245/8

                  desimal from is = 30.625

                   mixed number form is = 30 5/8  

14 + x = -9 What is the answer?​

Answers

Answer:

The answer is 23 my Dear random friend!

Step-by-step explanation:

:D

Answer:

See Below

Step-by-step explanation:

14 + x = -9

To isolate x, subtract 14 from both sides

14 + x =  -9

-14         -14

x = -(14+9)

x = -23

The temperature of a freezer started at 18°C after cooling for a few hours the freezer had a temperature of -12°C what is the difference between the new colder temperature in the original temperature

Answers

The answer is 6 degrees Celsius

Answer:

-273.15

Step-by-step explanation:

trust me and ull see

Use place value in the distributive property to match each multiplication expression an equivalent expression

Answers

Answer: I HOPE IT HELPS

Results 1 - 24 of 2262 - Also included in: Properties of Multiplication Centers & Games ... match each expression to a simplified version and glue to pairs to the ... Math, Basic Operations, Place Value ... Students will match multiplication expressions with cards that show equivalent expressions using the distributive property.

People also ask

Step-by-step explanation:

Answer:This is the real answer

Step-by-step explanation:Need brainliest award

Edge 2022

38503.45 in standard form

Answers

Hey there!

ANSWER:[tex]38503.45[/tex]EXPLANATION:

38503.45 in standard form.

The decimal 38503.45 is already in standard form. Try multiplying [tex]38503.45[/tex] by [tex]10^0[/tex].

[tex]38503.45*10^0=38503.45\\38503.45(ANSWER)[/tex]

The answer is the same as the decimal. That is because it was already in the standard form.

Hope this helps!

[tex]\text {-TestedHyperr}[/tex]

HELP SOS!!!!!!!!!!!!!!!!!!!!!!!

Answers

63.83% of them have cars

The measure of the supplement of an angle exceeds 3 times the measure of the complement of the angle by 10. Find the measure of the complement.

Answers

Step-by-step explanation:

Let the angle be x.

Let the supplement of the angle = 180 - x

Let the complement of the angle = 90 - x

Now, According to our assumption we can set up an equation :

➵ (180 - x) - 3(90 - x) = 10

➵ 180 - x - 270 + 3x = 10

➵ 2x - 270 = 10 - 180

➵ 2x - 270 = -170

➵ 2x = -170 + 270

➵ 2x = 100

➵ x = 100/2

➵ x = 50

Therefore,

The angle = x = 50°

The supplement of the angle = 180-x = 180 - 50 = 130°

The complement of the angle = 90 - x = 90 - 50 = 40°

evaluate the function when x = 4 b(x) = -2x - 4

Answers

Ohhhh same I wanna know the answer to that

2. Which does NOT round to 200



Answers

Where is the answers or choices?

Solve 0.5y+y/3=0.25y+7​
please answer this question

Answers

Answer:

y = 28

Step-by-step explanation:

0.5y + y/ 3 = 0.25y + 7

1.5y / 3 = 0.25y + 7

y/2 = 0.25y + 7

y = ( 0.25y + 7)*2

y = 0.5y + 14

y - 0.5y = 14

0.5y = 14

y = 14/0.5

y = 28

You think you can help me?

Answers

open circle 20 to 30 open circle basically
⭕️———⭕️

5/9 × 9/5 × 23/3 =? HELP ME PLZZZ

Answers

Answer:

7.666666667 (non-terminating)

Please answer both I'm really struggling with my homework

Answers

1/64 & 16
hope that helped :)

Answer:

[tex]D. \frac{1}{64}[/tex]  C. 16

Step-by-step explanation:

Second question:

[tex]2^{3}[/tex] = 2 × 2 × 2 = 8Plug 8 in: 6 ÷ 3 × 86 ÷ 3 = 2Plug 2 in: 2 × 8 = 16

I hope this helps!

What is the least common multiple (LCM) of 5 and 12?

Answers

Answer:

60

Step-by-step explanation:

asked google

Answer:

60

Step-by-step explanation:

5: 5 10 15 20 25 30 35 40 45 50 55 60 65 70

12: 12 24 36 48 60 72 84

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