Kennedy invested $5,000 in an account paying an interest rate of 6.4% compounded
daily. Assuming no deposits or withdrawals are made, how much money, to the
nearest cent, would be in the account after 15 years?

Answers

Answer 1

The Answer is

A~13057.38

Answer 2

The money, to the nearest cent, would be in the account after 15 years is $13060.

What is Daily Compound Interest ?

Due to the high frequency of compounding, daily compounded interest is larger than monthly/quarterly compounded interest since interest is accumulated on a daily basis and is determined by charging interest on principal plus interest gained on a daily basis

It is given in the question that Kennedy invested $5000

Interest rate = 6.4% compounded daily

Assuming no deposits and withdrawals

T = 15 years

The formula for amount obtained after 15 years when interest is compounded daily

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

[tex]\rm A = (5000(1 + \dfrac{6.4}{365*100})^{365*15})[/tex]

A = 5000 * 2.612

A = $13060

Therefore , money, to the nearest cent, would be in the account after 15 years is $ 13060.

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Related Questions

Evaluate the expression for p = –2.4 and q = –4. Write your answer as a decimal or whole number. pq − p =

Answers

p= -2.4
q= -4
pq-p

So sub in the variables and use a calculator
(-2.4)(-4)-(-2.4)

Two negatives multiplied together is positive.
Two negatives added together is positive.

9.6+2.4= 12.0

Pablo has saved $40 to buy a Nintendo switch that costs $310.
If he can save $15 each week
, how many weeks will it take Pablo
to save enough to buy the Nintendo Switch?
A. What is the problem about?
B. What is the problem asking you
find?
C. Solve the problem and explain how you get your answer.
to

Answers

Answer:

18 weeks

Step-by-step explanation:  

Part A:

The problem is about Pablo saving up money to buy a nintendo switch.

Part B:

The problem is asking you how many weeks it will take to have enough money for the Nintendo switch.

Part C

Equation: 40 + 15w = 310

310 - 40 = 270

270/15 = 18

18 weeks

Hopefully this helps you :)

pls mark brainlest ;)

The cost of 4 pounds of chocolate is $18.24. What is the constant
of proportionality that relates the cost in dollars, y, to the number
of pounds, x?
a. $18.24
b. $4.56
c. 4
d. Not Here
Help plss

Answers

I think it’s D not sure


can someone please do this by applying the distributive property

Answers

distribute the -9. -9h+18=27 then subtract 18 from both sides so -9h=9 then divide both sides by -9 and your answer will be h=-1

Emily's Mom sends her into the store with $10, telling her to buy as many apples as possible. If each apple costs 80 cents. how much change (in cents) will Emily receive?​

Answers

Answer:

Emily will receive 40 cents in return

If I add 8.0g of sugar to a cup of tea, and have 2 cups of tea in the morning, how much sugar will I have consumed from drinking tea?

Answers

Answer:

16 grams

Step-by-step explanation:

multiply 8.0 grams x 2 cups.

Answer: 16 grams

Step-by-step explanation: 8.0 times 2 is 16. So you drank 16 grams of sugar in 2 cups of tea

a. If a bus travels 6km in to minutes, what
distance does it travel in Isecondo​

Answers

Answer:

60 second

Step-by-step explanation:

6km into minutes

1 minutes is 60 second

It travels 50 metres in 1 second if that was what you were asking

If one kilogram equals 2.2 pounds how many kilograms equal 112 pounds

Answers

About 50.8 kilograms is equal to 112 pounds.

Answer & Step-by-step explanation:

Assuming that there is a constant rate of change, we can use the equation:

[tex]y=kx[/tex]

k is the constant rate of change. Set up an equation in which the pounds are determined by the rate of change between kilograms and pounds:

[tex]1=k(2.2)[/tex]

Isolate the variable k:

[tex]\frac{1}{2.2}=\frac{k(2.2)}{2.2}\\\\\frac{1}{2.2}=k[/tex]

Set up another equation like so:

[tex]\frac{y}{x}=\frac{y}{x}[/tex]

Insert values:

[tex]\frac{1}{2.2}=\frac{y}{112}[/tex]

Solve for y. Cross multiply:

[tex]1(112)=2.2y\\\\112=2.2y[/tex]

Isolate the variable. Divide both sides by 2.2:

[tex]\frac{112}{2.2}=\frac{2.2y}{2.2} \\\\ y=50.9090...[/tex]

So, there are about 50.9 kilograms in 112 pounds.

:Done

Sonjesa found a job in advertising that pays a yearly salary of $47,300. What is her weekly salary?
$6,757.14
$909.62
$985.42
$3,941.67

Answers

Answer:

$909.62

Explanation:

If Sonjesa makes $47,300 a year and in a year there are 52 weeks we do the equation...

$47,300 / 52 weeks = weekly salary

47300 / 52 = 909.615

If we round that equals $909.62

Hope this helps!

write the inverse of f(x) = x + 5

Answers

Answer:

f^-1(x) = x - 5

Step-by-step explanation:

f(x) = x + 5

y = x + 5

x = y + 5

y = x - 5

f^-1(x) = x - 5

Answer:

f^ -1(x) = x - 5

Step-by-step explanation:

y =x+5

To find the inverse, exchange x and y

x = y+5

Solve for y

Subtract 5 from each side

x-5 = y+5-5

x-5 = y

The inverse is  x-5

Can someone please answer the two questions circled :>

Answers

Answer:

For question 2 the slope is 1. So what you do is get the points you need to put on the graph and move them up one. Like how you did on question 1.

(0.5, 5) (1, 10) (1.5, 15) (2, 20) (2.5, 25)

Question 3 is the same thing but the slope is now 2. Then you would have to pin the points as...

(1, 2) (2, 4) (3, 6) (4, 8) (5, 10)

Hope this helped :)

Which features describe the graph? Select all that apply. Group of answer choices positive: (–2, 2) range: (–3, 4] domain: (–3, 3] decreasing: (–1, 4) negative: (–3, –2), (2, 5] increasing: (–3, –1)

Answers

Answer:

A,B,C,F

Step-by-step explanation:

The correct answer would be options (A), (B), (C), and (F)

(A) positive: (–2, 2)

(B) range: (–3, 4]

(C) domain: (–3, 3]

(F) increasing: (–3, –1)

What are the domain and range of the function?

The domain of the function includes all possible x values of a function, and the range includes all possible y values of the function.

The vertical span of the range is from y > -3 to y = 3. The interval for this is [(-3, 3].

The horizontal range, from x > -3 to x = +4, represents the domain. This is represented by the interval [(-3, 4].

The graph decreases to the right, it gets smaller. There is no mention of the endpoints. The x values are in the range (-1, 4).

The graph is increasing where it goes up to the right. The endpoints are generally not included. The x-values are in the interval (-3, -1).

The region of the graph that is above the x-axis is positive. The interval contains x. (-2, 2).

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Give two real-world situations that could be represented by the value 30

Answers

Answer:

1) I went shopping and I saw a dress and i went to the check out line and the lady told me that my total with be 30 dollars

2) It was my birthday and i took all my birthday cards and i counted all my money i got.. the total was 30$.

Step-by-step explanation:


Given point (-6, -2) and a slope of 5, write an equation in slope-intercept form.

Answers

Answer:

y = 5x + 28

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Here m = 5 , thus

y = 5x + c ← is the partial equation

To find c substitute (- 6, - 2) into the partial equation

- 2 = - 30 + c ⇒ c = - 2 + 30 = 28

y = 5x + 28 ← equation of line

2/3x = 6
A. x = 9
B. x = 4
C. x = 18
D. x = 12

Answers

Answer:

x = 9

Step-by-step explanation:

2/3x = 6

Multiply each side by 3/2

3/2 * 2/3x = 6 * 3/2

x = 18/2

x = 9

A. x=9

Hope this helps

Find the solution to the equation or inequality below. You must type in the entire solution, for example x=5 if it is an equation or x>5 if it is an inequality.

5x - 9 = 26

Answers

5x - 9 = 26
5x - 9 + 9 = 26 + 9
5x = 35
5x/5 = 35/5
X = 7

Sally is having a party and she has invited nine of her friends.
She is going to make a special non-alcoholic fruit punch for them all
to drink. Sally wants to make enough fruit punch for herself
and all her friends to have one glass each.
Sallys Fruit Punch Recipe.
The recipe below makes enough
fruit punch for 1 person.

1/2 lime
1/2 lemon
100ml pineapple juice 200ml lemonade 100ml orange juice
1) How much of each ingredient will she need?

Limes
Lemons Pineapple juice Lemonade Orange juice
Cost of ingredients:
Pineapple Juice
Lemons 50 each
Limes 40c each
Lemonade (2 liter bottle) $1.60
Orange juice (1 liter carton) 80c
Pineapoe juice (1 liter carton) 90c

Answers

Answer:

1) 5 limes, 5 lemons, 1,000 mL of pineapple juice, 2,000 mL of lemonade, 1,000 of orange juice

2) Limes = $2, Lemons = $2.5, Lemonade = $1.60, Orange Juice = 80c, Pineapple Juice = 90c

Step-by-step explanation:

1/2 limes · 10 = 5

1/2 lemons · 10 = 5

100 mL of pineapple juice · 10 = 1,000 mL

200 mL of lemonade · 10 = 2,000 mL

100 mL of orange juice · 10 = 1,000 mL

Cost:

5 limes · 0.4 = $2

5 lemons · 0.5 = $2.5

mL to L

1,000 mL of pineapple juice = 1 L, this costs 90¢

2,000 mL of lemonade = 2 L, this costs $1.60

1,000 mL of orange juice = 1 L, this costs 80¢

Overall:

5 limes for $2

5 lemons for $2.5

1 L of of pineapple juice for 90¢

2 L of lemonade for $1.60

1 L of orange juice for 80¢

Elizabeth tested how high 5 different brands of new tennis balls would bounce when dropped
from a height of 2 meters. She dropped the balls so that they hit the same floor tile each time.
Independent variable: I
Dependent variable:

Answers

Answer:  The independant variable is the type of tennis ball.  The dependent variable is how high the ball bounces.

Step-by-step explanation:

Hanson has 38 pieces of candy. He gives away c of the pieces. Write an expression that
shows the number of pieces of candy Hanson has left.

Answers

Answer:

38-c

Step-by-step explanation:

We know that the answer is 38-c because any piece of candy that Hanson gives away will be subtracted from the amount that he started out with.

Which expressions are polynomials??

Answers

Answer:

Options (1) and (2)

Step-by-step explanation:

Properties of a polynomial,

1). A polynomial having division by a variable can't be defined as a polynomial.

  Example:

   (y² + [tex]\frac{x}{1+x}[/tex])

2). A polynomial can't have a negative exponent.

  Example : [tex](x^{-2}+y-6)[/tex]

3). Polynomials don't have the radicals.

  Example : y² + x√3

4). A polynomial can't have a fraction exponent.

   Example : [tex]x^2+x^{\frac{1}{2}}-1[/tex]

By these properties, Options (3) and (4) are not the polynomials.

Options (1) and (2) are the correct options.

Kelly and Daniel surveyed 6 of their friends to find the number of pets in each of their households. They recorded the results from each home in a list. 4, 1, 2, 1, 0, 1 What is the mean absolute deviation of this data set? Enter your answer in the box.

Answers

Answer:

67

Step-by-step explanation:

Answer:

The mean absolute deviation is 1

Step-by-step equation =

Take all of the numbers and add them together.

4+1+2+1+0+1= 9

Then divide by how many numbers there are. In this word problem its 6.

Divide 9 by 6.

9 ÷ 6 = 1.5

So 1.5 would be our mean.

To find the mean absolute deviation subtract our mean and our original numbers.

1.5 - 4 = 2.5

1.5 - 1 = 0.5

1.5 - 2 = -0.5

1.5 - 1 = 0.5

1.5 - 0 = 1.5

1.5 - 1 = 0.5

Add all of those numbers together.

2.5 + 0.5 + 0.5 + 0.5 + 1.5 + 0.5 = 6

Even though one of the numbers was a negative answer we add it as a positive because the mean absolute deviation can never be negative

Divide by the amount of numbers you added.

6 ÷ 6 = 1

So the mean absolute deviation is 1

I also took the test that had 10 questions and got a 100

I'm pretty late to answer but hope this helps for others in the future

I learned this like a week or less ago so my explanation might not make the most sense.

emily bought 3 vases of flowers.the most expensive vase of flowers was 12.00 and least expensive was 8.00 which is a reasonable total amount emily could have paid for the 3 vases of flowers

Answers

Answer:$30

Step-by-step explanation:8+12=20 and I would figure she had another one with a price inbetween the two so I chose 10 and added 20+10=30

SIMPLE QUESTION, 25 PTS: The cities G, H, and I, in respective order, lie approximately in a straight line. The distance from city G to city H is 72 miles. The distance from city G to city I is 92 miles. Find the distance from city H to city I.

Answers

Hey there! I'm happy to help!

From G to I is the total distance of the line (92). G to H is the first portion of the line (72) while H to I is the other portion.

To find H to I, simply subtract 72 from 92!

92-72=20

The distance from city H to city I is 20 miles.

Have a wonderful day! :D

Answer:

20

Step-by-step explanation:


Jesse runs a 26-mile race in 5 hours. LJ runs a 15-mile race in 2 hours. Who runs at a slower rate?

Answers

Answer: Jesse

because i guess i divided the number you could do it however 15 divided by 2 = 7.5 and 26 divided by 5 = 5.2

Answer:

Jesse is the slower rate.

Step-by-step explanation:

The slower rate is going to be determined by the distance divided by the time.

Jesse: 26 / 5 = 5.2 miles / hour

LJ:    15 / 2 = 7.5 miles / hour

Jesse is the slower rate.

A. Calculate the circumference of each circle described. Use | [ 3.14 and
round to the nearest hundredth.
1. The diameter of a circle is 6 centimeters.

Answers

Answer:

18.84cm

Step-by-step explanation:

C=πd

C=3.14×6

C=18.84cm

find f(-3) when f(x)=x2-2x+7

Answers

Answer:

f(-3) = 22

Step-by-step explanation:

f(x)=x² - 2x + 7

To find f(-3) substitute the value of x that's - 3 into f(x). That is for every x in f (x) replace it with - 3

We have

f(-3) = (-3)² - 2(-3) + 7

= 9 + 6 + 7

We have the final answer as

f(-3) = 22

Hope this helps you

A store sells candles.
• The retail price was a 45% markup
over the manufacturer price.
• A month later, the store reduced the
retail price of the candles by 20
percent.
What percent markup is the new retail
price over the manufacturer price?

Answers

Answer:

25%

Step-by-step explanation:

If you start at 45% and it reduces by 20% you are just doing 45-20 which equals 25. (Please let me know if im wrong)

16 percent markup is the new retail price over the manufacturer price.

Here,

A store sells candles.

Retail price will be 45% marked-up

A month later, store reduced the retail price of the candles by 20%.

We have to find the percent markup.

What is the percentage?

The percentage is the value per hundred.

Now,

Consider the manufacturer price = 100x

Retail price will be 45% marked-up

Hence,  100x+45% of 100x = 145x

Reduced retail price of the ladder after one month = 145x-145x*20/100

Reduced retail price of the ladder after one month = 116x

Percentage markup of the reduced retail price over the manufacturer price will be:

={(reduced retail price - manufacturer price)/manufacturer price} *100

=[ (116x-100x)/100x ] *100 = 16%

Hence, 16 percent markup is the new retail price over the manufacturer price.

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Math Comprehension

Convert 77º F into kelvins.

Answers

Answer:

298.15 K

Step-by-step explanation:

is the product of a positive number and a negative number a positive ​

Answers

Answer:

Hey there!

False. The product of a positive number and a negative number is always NEGATIVE.

Let me know if this helps :)

Answer:

FALSE

Step-by-step explanation:

When you multiply a negative number by a positive number then the product is always negative. When you multiply two negative numbers or two positive numbers then the product is always positive.

Your air conditioner hasn’t been working properly, so you decide to set up an appointment to have it fixed. The repair company tells you that it costs $99 for a one time service fee plus $50 every hour. The technician came to your house and determined the drain was clogged. The total bill came to $549. Write an equation that represents this situation. (do not use any spaces in your equation & use the letter "x" to represent your variable)

Answers

Answer:

[tex]99 + 50x = 549[/tex]

Alternatively you can write it as;

[tex]50x - 450 = 0[/tex]

Step-by-step explanation:

One time service fee=$99

Rate of service=$50/hour

let unknown hours=x

Therefore the equation is

[tex]99 + 50x = 549[/tex]

or you can further simplify it to:

[tex]50x - 450 = 0[/tex]

And you can then solve for x to be 9 hours.

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