Lee put $5,000 into a stock market index mutual fund that grew at an average of 6.5% per year for 10 years. without any added deposits or withdrawals, about how much is in lee's mutual fund account after only 8 years, if you ignore compounding?

Answers

Answer 1

The amount in lee's mutual fund account after 8 years will be $7600

Given: Principal amount (P) = $5000,

Time (t) = 10 years,

Rate of interest (r) = 6.5% per year

To find: lee's mutual fund account after only 8 years

We know that Simple interest (SI) is given by:

[tex]S.I = \frac{PTR}{100}[/tex].......(1)

So, by using equation (1) money (P') in a mutual fund account after 8 years will be

[tex]P'=P+\frac{PTR}{100}[/tex]

[tex]=5000+\frac{5000*6.5*8}{100}[/tex]

[tex]= 5000+50*6.5*8[/tex]

= 5000+2600

= 7600

Hence, the amount in lee's mutual fund account after 8 years will be $7600

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Related Questions


If the Federal Reserve sets the reserve rate to 4%, what is the resulting money
multiplier?

Answers

Answer:

The money multiplier is the ratio of money supply to the money base. The money base is the sum of currency in circulation and reserves held by commercial banks.

The reserve rate is the percentage of deposits that commercial banks must hold in reserve.

If the reserve rate is 4%, the money multiplier is 10.

Step-by-step explanation:

What are the domain and
range of the function below?

Answers

Answer:

2nd answer option

Step-by-step explanation:

the domain is the interval or set of valid x values. the range is the same for valid y values.

so, what is the smallest x value we see in the functional graph ?

x = 0

there is no functional value for any x smaller than that.

and then the function goes on and on to the right in all eternity. that means it goes to infinity.

so, domain = [0, infinity)

please consider the round bracket at the end, because "infinity" is not a number.

now for the range and the y values.

in this case I start to ask for the largest y value.

y = 4

for no x value do we get a larger y value.

but it goes down and down in all eternity, going also to infinity, but -infinity (down is negative for y).

so, the range = (-infinity, 4]

"-infinity" is also not a number and therefore not included (hence the round bracket).


Tierra, Nico, and Alex had $ 865 altogether.
Tierra spent 2/5 of her money. Nico spent $40,
and Alex spent twice as much as Tierra. If the 3
friends had the same amount of money left, how
much money did Alex have in the beginning?

Answers

Alex had $444.231 in the beginning.

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

Let, x = the money Tierra had in the beginning

y = the money Nico had in the beginning

z = the money Alex had in the beginning

Tierra, Nico and Alex had $865 altogether

x + y + z = 865

Tierra spent 2/5 of her money and now she has: x - (2/5)x = 3x/5 left

Nico spent $40 and now has y - 40 left

Alex spent twice as much as Tierra and now has z - 2(2/5)x = z - 4x/5 left

the three friends had the same amount of money left

3x/5 = y - 40

y - 40 = z - 4x/5

by solving the system of equations

x + y + x = 865

3x/5 = y - 40

y - 40 = z - 4x/5

we find

x= $317.308

y = $230.385

z = $444.231

Alex had $444.231 in the beginning.

Hence, Alex had $444.231 in the beginning.

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what is the product? (7x^2)(2x^3+6)(x^2-4x=9)

Answers

Answer:

14x^7-56x^6=9

Step-by-step explanation:

distribute

(7x^2)(2x^3 +6)(x^2 -4 * 9=x)

(2x^3+6)(x^2 -4 * 9=x)=2x^5-8x^4=9

(7x^2)(2x^5-8x^4=9)

14x^7-56x^6=9

PLEASE HELP
Graph the following exponential function. Show work in how you find the y intercept, talk about the end behavior, and state if it is a growth or decay function. See image.

Answers

The y-intercept of the function is  -9,25

How to graph the function?

The function is given as:

[tex]y = -5(.8)^{x - 1} - 3[/tex]

See attachment for the graph of the function

From the graph, we have the following highlights:

y-intercept = -9,25As x increases, y approaches -3As x decreases, y approaches negative infinity

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The shaded region under a Normal distribution with mean 100 and standard deviation 5 is shown. Which of the following is the best choice that corresponds to the shaded region? Select one. mean The shaded region under a Normal distribution with mean 100 and standard deviation 5 is shown . Which of the following is the best choice that corresponds to the shaded region ? Select one .

Answers

The shaded region shown in the graph of the normal distribution corresponds to P(x < 92.5).

What is an equation?

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

The z score shows by how many standard deviations the raw score is above or below the mean. It is given by:

z = (raw score - mean)/standard deviation

The diagram represents z < 1.5 mean = 100, standard dev = 5 hence:

-1.5 = (x - 100)/5

x = 92.5

The shaded region shown in the graph of the normal distribution corresponds to P(x < 92.5).

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A rectangular piece of metal is 30 in longer than it is wide. Squares with sides 6 in long are cut from the four corners and the flaps are folded upward to form an open box. If the volume of the box is 594 inch to the 3 in​, what were the original dimensions of the piece of​ metal?

Answers

The original dimensions of the metal sheet are 22 inches by 52 inch

What is volume?

The volume is defined as the space occupied by any object in three dimensions. For a rectangular box, the volume will be calculated by multiplying the length, width, and height of the object.

If the Width of the metal = x

The length is 30 inches longer than its width= x+30

If Squares with sides 6 in long are cut from the four corners and the flaps are folded.

The length of the pre-folded box =x+30-12=(x+18)inch

The width of the pre-folded box = (x-6-6)inch = (x-12) inch

The height of the flap= 6 inch

The volume of the box = 2400-inch cubed

Volume of a Cuboid = LWH

6(x-12)(x+18)=2400

6x²+36x-1296=2400

6x²+36x-1296-2400=0

6x²+36x-3696=0

6(x-22)(28+x)=0

x-22=0 or x+28=0

Therefore the original dimensions of the metal sheet are 22 inches by 52 inch

The complete question with correct data is given below:-

A rectangular piece of metal is 30 in longer than it is wide. Squares with sides 6 in long are cut from the four corners and the flaps are folded upward to form an open box. If the volume of the box is 2400 incubated​what were the original dimensions of the piece of​ metal?

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Elaine had StartFraction 5 Over 8 EndFraction of a pizza left after lunch. She told 5 of her friends that they could share the rest. What fraction of the pizza did each of her friends get if they split it evenly?

Answers

The fraction of pizza each of her friends get if they split it evenly is 1/8

Division of fraction

Quantity of pizza Elaine has = 5/8Number of Elaine friends = 5

Number of pizza each friend gets = Quantity of pizza Elaine has ÷ Number of Elaine friends

= 5/8 ÷ 5

= 5/8 × 1/5

= (5 × 1) / (8 × 5)

= 5/40

= 1/8

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IF THREE DIAGONALS ARE DRAWN INSIDE A HEXAGON WITH EACH ONE PASSING THROUGH THE CENTER POINT OF THE HEXAGON, HOW MANY TRIANGLES ARE FORMED?

Answers

Answer: 6 triangles

Step-by-step explanation:

hope this helps :)

Suppose that a forest on a flat terrain has perimeter 200 kilometers, but there is no information on the shape of the forest. What shape will give the largest possible area for the forest? what is this area?

Answers

The largest possible area of the forest is 2500 km^2

How to determine the largest area?

The perimeter is given as:

P = 200 km

The shape that will give the largest possible area for the forest is a square, and the area is calculated as:

A = (P/4)^2

This gives

A = (200/4)^2

Evaluate

A = 2500 km^2

Hence, the largest possible area of the forest is 2500 km^2

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A ball is dropped off a high cliff, and 2 s later another ball is thrown vertically downward with an initial speed of 30 ms¹. How long will it take the second ball to overtake the first? ​

Answers

it will take 4 seconds for the 2nd ball to overtake the first ball

Anderson's Solar Systems manufactures solar panels, and their business is growing. Last year,
they hired 90 new employees. This year, they hired 20% more new employees than they hired las
year. How many new employees were hired this year?

Answers

hey :)

20% of 90 is is 18. so if you add 18 to 90, you get 108.
therefore, 108 employees were hired this year.

hope this helps,

Edward Nigma is installing square tiles in his bathroom. The blueprint above is a scaled drawing of the tile pattern to be used. If the total area of the shaded region is 22 ft^2, what is the total floor area of the bathroom?

Answers

Answer:

  H.  99 ft²

Step-by-step explanation:

Area is proportional to the number of tiles.

Proportion

The total area of the bathroom is 6×9 = 54 tiles. Of these, 12 are shaded. The proportion can be written as ...

  total area / shaded area = total tiles / shaded tiles

  total area / (22 ft²) = 54/12 . . . . . use given numbers

  total area = (22 ft²)×(54/12) = 99 ft² . . . . . multiply by 22 ft²

The total floor area of the bathroom is 99 square feet.

Which of the following is a characteristic of all parallelograms?
A. All pairs of consecutive angles are complementary.
B. Both pairs of opposite sides are parallel.
C. The diagonals are congruent.
D. The diagonals are perpendicular.

Answers

Answer: B) Both pairs of opposite sides are parallel

Detailed Explanation:

A Parallelogram is a Quadrilateral in which both pairs of opposite sides are Parallel.

Could someone help me out?

Answers

The values of the functions are f(4) = 47, f(k) = 2(k)^2 + 4(k) - 1 and f(x + h) = 2x^2 + 4hx + 2h^2 + 4x + 4h - 4

How to evaluate the expression?

The function is given as:

f(x) = 2x^2 + 4x - 1

To calculate f(4), we have:

f(4) = 2(4)^2 + 4(4) - 1

Evaluate the expression

f(4) = 47

To calculate f(k), we have:

f(k) = 2(k)^2 + 4(k) - 1

To calculate f(x + h), we have:

f(x + h) = 2(x + h)^2 + 4(x + h) - 1

Expand

f(x + h) = 2(x^2 + 2hx + h^2) + 4x + 4h - 4

Expand

f(x + h) = 2x^2 + 4hx + 2h^2 + 4x + 4h - 4

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which of the following ordered pairs satisfies the following linear pairs? 3x+2y=-2 x+2y=2​

Answers

Answer:

-2

Step-by-step explanation:

you will group the like terms and add and subtract the remaining digits

the correct answer would equal -2.

It's the computer seice can u help me

Answers

Answer:

I can help you, just tell me what it is.

Step-by-step explanation:

Step 1: Tell me the problem

Step 2: Wait for a response.

Answer:

yes it can help in some ways I think

HELP FAST PLEASEE
(05.05 MC)

What are the measures of Angles a, b, and c? Show your work and explain your answers.
(PLEASE EXPLAIN WELL)

Answers

Answer:

a=30,b=60,c=105

Step-by-step explanation:

a = 30 vertical angle therom

b = 180-120 = 60 using triangle sum therom

c = 180-75 = 105 because a line is always 180 degrees

Which graph represents this inequality? 3x + y ≤ 1

Answers

Answer:

Step-by-step explanation:

A farmer needs to mix 8 ounces of fertilizer for every 10 pounds of soil. How many pounds of fertilizer will the farmer need to make a mix that contains 80 pounds of soil? ( Remember- 16 ounces = 1 pound)

Answers

4 pounds of fertilizer is mixed to make a mix of 80 pounds of soil.

What is Ratio ?

The relationship between two things is called Ratio. It is written in p:q form.

It is given that

For 10 pounds of soil , farmer mixes 8 ounces of fertilizer.

=8/16 = 0.5 pounds of fertiliser

The ratio is 10 : 0.5

Suppose he mixes x pounds of fertilizer for 80 pounds of soil

to determine x

The ratio is 80 : x

As they are in Proportion

10 / 0.5 = 80 /x

x = 80 * 0.5 /10

x = 4 pounds

Therefore 4 pounds of fertilizer is mixed to make a mix of 80 pounds of soil.

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A ferris wheel is 15 meters in diameter and boarded from a platform that is 4 meters above the ground. The six o'clock position on the ferris wheel is level with the loading platform. The wheel completes 1 full revolution in 2 minutes. The function h = f(t) gives your height in meters above the ground t minutes after the wheel begins to turn. Write an equation for h = f(t).

Answers

The equation for h = f(t) will be, ⁣[tex]\rm h(t)=7.5sin({\pi}t-\frac{\pi}{2})+12.5[/tex].

What is a function?

A connection between independent variables and the dependent variable is defined by the function. Functions help to represent graphs and equations.

The given data in the problem is;

Ferris wheel diameter,d= 15 meters

The platform is 5 m above the ground.

The Ferris wheel function is;

h(t) = A sin(Bt + C) + D

Here,

A is Amplitude

D is the midline

B is period

C is a phase shift

t is the time

The amplitude of the function is half of the diameter;

A = d/2

A=15 m /2

A = 7.5 m

The value of the mid-line is found as;

Mid-line =  amplitude  + distance from the mid-line;

D= 7.5 + 5

D = 12.5

From the given data, the wheel completes 1 full revolution in 2 minutes

The period of the wheel is T.

B = 2

The phase shift is found as;

[tex]\rm \frac{C}{\pi}=\frac{-1}{2}\\\\ {C}=\frac{-\pi}{2}[/tex]

The Ferris wheel function is;

h(t) = A sin(Bt + C) + D

Substitute the obtained values we get;

[tex]\rm h(t)=7.5sin({\pi}t-\frac{\pi}{2})+12.5[/tex]

Hence, the equation for h = f(t) will be, ⁣[tex]\rm h(t)=7.5sin({\pi}t-\frac{\pi}{2})+12.5[/tex].

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your family is driving from cincinnati to st louis. the graph relates your distance from st.louis d in miles and travel time h (in hours). The equation of the line is d=360-60h

Answers

The solution is about a distance-time graph. The interpretation of the graph is that it took the family 6 hours to travel a distance of 360 miles. Note that the distance is plotted on y-axis and time on the x-axis.

What is a distance-time graph?

A distance time graph is a simple graph that shows the relationship between the time travelled the distance covered while doing do.

The slope-intercept form is

y= mx+b−⋯(1)

The y-intercept is 360

⇒b = 360; and m = −60

Substituting the value of m = −60

and b = 360

in (1) above,

⇒y = −60x  +360

The x-intercept is

y = 0,

⇒0= −60x+360

hence, x=6

The y-intercept is

x=0

⇒y=−60(0)+360

⇒y=360

In conclusion, the x - intercept is the time in hours between Cincinnati and St. Loui: and

The  y - intercept is the distance between Cincinnati and St. Louis.

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Estimate the decimal 61.33 + 53.482 by first rounding each number to nearest whole number

Answers

Answer:

it's

answer

is

32.36

.

.

.

.

.

.

.

..

.

.

..

.

.

.

.

.

helppppppp!!! pleaseeeeeeeee

Answers

Answer:

  62,400 J

Step-by-step explanation:

As the problem statement tells you, the work done to lift the mass is the product of the force applied and the distance the mass is lifted. Here, the force decreases as the height of the mass increases.

Setup

For x meters of exposed cable, the force required to lift it is 3x newtons. The force required to lift the object is 1500 newtons, so the total force required to lift the masses an incremental distance (dx) is (3x +1500) newtons.

The work done lifting the mass that distance is the product of force and distance. The total work done is the integral of the incremental work over the total of distance lifted:

  [tex]\displaystyle W = \int_0^{40}(3x+1500)\,dx[/tex]

Solution

The value of the integral is ...

  [tex]\displaystyle W=\left.\left(\dfrac{3}{2}x^2+1500x\right)\right|_{x=0}^{x=40}=40\left(\dfrac{1}{2}(3\cdot40)+1500\right)=62\,400\qquad\text{joules}[/tex]

The work done to lift the cable and weight is 62,400 joules.

__

Additional comment

One reason for writing the integral evaluation this way is to demonstrate that the total of work done is that required to lift the weight (1500 N, 40 m) and that required to lift the center of mass of the cable (120 N, 20 m).

This will generally be the case for "disappearing mass" or "increasing distance" problems. Pumping from a pool is a similar kind of problem with a similar kind of solution.

Effectively, you're doing work on the center of mass of the system, moving it from its initial position to the top of the building.

What is the gradient of the graph shown?

Answers

Answer:

gradient: 1.5

Explanation:

Take two points from the graph: (2, 0), (0, -3)

[tex]\sf gradient : \dfrac{y_2 - y_1}{x_2- x_1} = \dfrac{\triangle y}{\triangle x} \ \ where \ (x_1 , \ y_1), ( x_2 , \ y_2) \ are \ points[/tex]

So here given:

(x₁ , y₁) = (2, 0)(x₂ , y₂) = (0, -3)

Inserting values

[tex]\rightarrow \sf gradient : \dfrac{-3-0}{0-2} = \dfrac{-3}{-2} = 1.5[/tex]

Which equation represents the standard form of the equation y= (x + 3)² - 4?
A. y=x² + 3x-4
B. y=x2² +6x+5
C. y=x² + 6x-4
D. y=x2²+3x+5

Answers

Answer:

The answer is B. [tex]y = x^2 + 6x + 5[/tex]

Step-by-step explanation:

Because [tex]y = (x + 3)^2 - 4 = x^2 + 6x + 9 - 4 = x^2 + 6x + 5[/tex]

So the answer in this question is B.

A. In 2000, the population of a country was approximately 5.89 million and by 2050 it is projected to grow to 10 million.
Use the exponential growth model A = Ao ekt, in which t is the number of years after 2000 and Ao is in millions, to find
an exponential growth function that models the data.

B. By which year will the population be 11 million?

Answers

A. The exponential growth function that models the data is: [tex]A(t) = 5.89{0.0106t}[/tex]

B. Using the function, the population will be 11 million by 2059.

What is the exponential growth function for the population?

The function is given by:

[tex]A(t) = A(0)e^{kt}[/tex]

In which:

A(0) is the population in 2000.k is the exponential growth rate, as a decimal.t is the number of years after 2000.

Item a:

We have that:

A(0) = 5.89, A(50) = 10.

We use this to find k, hence:

[tex]A(t) = A(0)e^{kt}[/tex]

[tex]10 = 5.89e^{50k}[/tex]

[tex]e^{50k} = \frac{10}{5.89}[/tex]

[tex]\ln{e^{50k}} = \ln{\frac{10}{5.89}}[/tex]

[tex]50k = \ln{\frac{10}{5.89}}[/tex]

[tex]k = \frac{\ln{\frac{10}{5.89}}}{50}[/tex]

k = 0.0106.

Hence the equation is:

[tex]A(t) = 5.89{0.0106t}[/tex]

Item b:

We have to solve for t when A(t) = 11, hence:

[tex]A(t) = A(0)e^{kt}[/tex]

[tex]11 = 5.89e^{0.0106t}[/tex]

[tex]e^{0.0106t} = \frac{11}{5.89}[/tex]

[tex]\ln{e^{0.0106t}} = \ln{\frac{11}{5.89}}[/tex]

[tex]0.0106t = \ln{\frac{11}{5.89}}[/tex]

[tex]t = \frac{\ln{\frac{11}{5.89}}}{0.0106}[/tex]

t = 58.9

Rounding up, the population will be of 11 million in 2059.

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Write 4.714 as a mixed number

Answers

Answer:

47/14 is a mixed number i think

Math interest, I, P, R,T

I will give more points to you once questions are completed.

Answers

The interest based on the information given is $2564.

How to calculate the interest?

From the information given, the following can be deduced:

Principal = $36900

Time = 178 days

Rate = 14.25%

The simple interest will be:

= (PRT)/100

= (36900 × 14.25 × 178/365)/100

= $2564

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[tex] \sf{x {}^{2} + 6x + 7 = 0 }[/tex]
x² + 6x + 7 = 0
help please it's due today :(​

Answers

HERE YOU GO :)) HOPE THIS HELP. PLEASE MARK ME BRAINLIEST PLS PLS PLS THANKS

[tex]\: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: {\large{\textsf{\textbf{\underline{\underline{Answer : \:}}}}}}[/tex]

[tex] \bold{ \blue{Answer:} \sf{x = \sqrt{2} - 3, - \sqrt{2 } - 3 }}[/tex]

[tex]\bold{Step \: \: by \: \: step \: \: explanation }[/tex]

1: The expression x² + 6x + 7 fits the form a x²+ bx + c Let's complete the square, where:

[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \sf{a = 1} \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \\ \sf{ b = 6} \\ \sf{c = 7}[/tex]

2: Enter the constant k, which is 9 in our case.

[tex] \sf{x {}^{2} + 6x {}^{} + 9 - 9 + 7}[/tex]

3: Use Sum Square (a + b) ² = a² + 2ab + b².

[tex] \sf{(x + 3) {}^{2} - 9 + 7}[/tex]

4: Simplify

[tex] \sf{(x + 3) { }^{2} - 2}[/tex]

5: Substitute the above back into the original equation.

[tex] \sf{( x + 3) {}^{2} - 2 = 0}[/tex]

6: Add 22 to both sides.

[tex] \sf{(x + 3) {}^{2} = 2}[/tex]

7: Take the square root of both sides.

[tex] \sf{x + 3 = ± \sqrt{2}} [/tex]

8: Divide the problem into these 2 equations.

[tex]\sf{x + 3 = \sqrt{2} } \\ \: \: \: \: \: \sf{x + 3 = - \sqrt{2} }[/tex]

9: Solve the 1st equation:

[tex] \sf{ x + 3 = \sqrt{2} } \\ \sf{x = \sqrt{2} - 3 }[/tex]

10: Solve the 2nd equation.

[tex] \sf{ x + 3 = - \sqrt{2} } \\ \sf{x = - \sqrt{2} - 3 } [/tex]

11: Collect all the solutions.

[tex] \sf{x = \sqrt{2} - 3, - \sqrt{2} - 3 }[/tex]

I hope I've helped : )

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