Logan invested $180 in an account paying an interest rate of 2,6% compounded
continuously. Assuming no deposits or withdrawals are made, how much money, to
the nearest ten dollars, would be in the account after 12 years?

Answers

Answer 1

Answer:

250

Step-by-step explanation:

Compounded Continuously:

A=Pe^{rt}

A=Pe

rt

P=180             r=0.026              t=12

Given values

A=180e^{0.026(12)}

A=180e

0.026(12)

Plug in

A=180e^{0.312}

A=180e

0.312

Multiply

A=245.90784475

A=245.90784475

Use calculator (with e button)

A\approx 250

A≈250

Round to nearest ten dollars

please heart!

VVV        and pls rate stars!VVV                 :D          

Answer 2

By calculating on the basis of compound interest, after 12 years Logan will have $242.9 in his account.

What is a compound interest?

Compound interest is a type of interest that is compounded after time period it is said to be compounded. After that particular period, the interest is calculated and then added with the principle. For the next duration, the interest is calculated on the sum.

Here, the amount of money after n years as per compound interest,

S = P(1 + r)ⁿ.

Where, P = Principle = $180, r = rate of interest = 2.6%, n = time period = 12 years

Now, S = $180(1 + 2.6/100)¹² = $180(1 + 0.026)¹² = $180(1.026)¹² = $242.9

Hence, after 12 years, Logan will have $242.9 in his bank account.

Learn more about compound interest here: brainly.com/question/25857212

#SPJ2


Related Questions

Can someone help me please

Answers

Answer:

B

Step-by-step explanation:

210/3.5=60 60*8.5=510 Add the first fence post to get 518.50

Answer:

B

Step-by-step explanation:

✨Hope it helps✨

what is the value of k in the following equation?
12+k/22=13

Answers

K=-198

This is the answer
Hope it helps

Answer: k=22

Step-by-step explanation:

12+k/22=13

-12 -12

k/22=1

k=1*22

k=22

Show your work!!!! MUST SHOW WORK
---------------------------------------------------------------------------------------------------
4 3/8-(-5 7/8)=

Answers

Answer:

10 1/4

Step-by-step explanation:

okay so the equation 4 3/8-(-5 7/8) needs to be simplified to a answerable equation by changing -(-5 7/8) to + 5 7/8

the reason for this is because when two subtraction signs are like this -(- it turns the number into a positive and we add instead of subtract.

4 3/8 + 5 7/8 = 9 10/8 = 10 2/8 = 10 1/4

I hope this helps you

I am selling raffle tickets. It cost $155 to print the tickets and I want to make at least a $2,500 profit how much money do I need to raise to cover the cost of the printing and meet my goal

Answers

Answer:

Step-by-step explanation:

You need $2500 plus the amount to print the tickets. So 2500+155= $2655.

$155 will break even and then the $2500 will be the profit.

find the area of those circles​

Answers

Answer:

4pi

Step-by-step explanation:

Area of a circle is pi (r^2)

Radius is 2, 2 squared is 4, 4 times pi is 4pi.

Do anybody know how to do this ? This typa work is unnecessary bruh I hate school !

Answers

Man, I have to be honest with you, I have no clue. But here is something else though. I had to take Geometry last year, and you are right. It does suck. But, you will get through it! There is a light at the end of the tunnel and you will get it! Keep up the good work!

Answer:

m<1 = 87

Step-by-step explanation:

Bro I got you! You ain't gotta hate school no more!

Right the equation like this

m<1 + m<2 = <TSV (plug in)

m<1 + 65 = 152 (subtract 65 from 152 to get m<1)

m<1 = 87

There you go!

Hope this helps ya!

What is the answer for the equation (2+3x)4

Answers

Answer:

8+12x

Step-by-step explanation:

Answer:

8+12x

Step-by-step explanation:

Nancy has $200 and spends $10 each week. Which function rule describes the situation?

Answers

Answer:

f(d) = 200 – 10d

Step-by-step explanation:

I just looked it up sorry if its wrong lol

Answer:

f(d)=200-10d

Step-by-step explanation:

Because she is spending money every week, That means he money is decreasing.

carrie and joel plan to sell apple pies at the county fair for $6 each. the ingredients they used cost $3.75 per pie. they rent an oven for $54 to keep the pies hot throughout the day. how many pies must carrie and joel sell in order to break even?

Answers

Answer:

24 pies

Step-by-step explanation:

Let x represent the number of pies and set up an equation:

6x = 3.75x + 54

Solve for x:

6x = 3.75x + 54

2.25x = 54

x = 24

So, Carrie and Joel have to sell 24 pies to break even

Find the slope of the line?

Answers

Answer:

The slope of line is (3,-2)

Taylor is checking her bank statement for the month of November. She began the month with $175 in her account. She made two deposits for $100 each and also made two withdrawals was for $55. Write an addition expression to represent this situation.

Answers

Answer:

The addition expression that represents the situation is;

175 + 100 + 100 - 55 -55

Step-by-step explanation:

Here, we want to write an addition expression to represent the situation

While the deposits are considered positive, the withdrawals are considered negative

So the addition expression will be;

175 + 100 + 100 - 55 - 55

The sum of a number times 9 and 20 is at least 28.

Translate the sentence into an inequality

Answers

Answer:

9x+20>=28

Step-by-step explanation:

x is the number

what type of solution would you get for -5=-5
A. one solution
B. no solution
C. infinite

Answers

Answer:

c

Step-by-step explanation:

C. Infinite
Since -5 is always equal to -5

Please find what X equals -

5^6x+7 = 761

Answers

Answer:

What grade? 10th?

Step-by-step explanation:

A pet store has 115 fish that need to be placed into fish tanks. Each tank hold 6 fish. How many tanks does the store for the fish

Answers

Answer:

19.1, rounded= 19

Step-by-step explanation:

115 divided by 6 = 19.1

Answer:

20 tanks

Step-by-step explanation:

Number of tanks = Total fish ÷ Number of fish that a tank can hold

                            = 115 ÷ 6

                             = 19 [tex]\frac{1}{6}[/tex]

                              = 20 tanks

Jennyra charges $8 per hour for each babysitting job she works. Write an expression to show the number of hours she works.

Answers

Answer:

8 times x

Step-by-step explanation:

x being the number of hours

which of the following is the slope intercept form of the equation of this line

Answers

Answer:

The slope-intercept form of the equation of this line is:

[tex]y=-x[/tex]

Hence, option 'c' is true.

Step-by-step explanation:

From the line equation, let us take two points

(1, -1)(-1, 1)

Finding the slope between two points

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

[tex]\left(x_1,\:y_1\right)=\left(1,\:-1\right),\:\left(x_2,\:y_2\right)=\left(-1,\:1\right)[/tex]

[tex]m=\frac{1-\left(-1\right)}{-1-1}[/tex]

[tex]m=-1[/tex]

From the line graph, we can determine the y-intercept by setting x=0 and checking the y-value at x=0

at x=0, y=0

Thus, (0, 0) is the y-intercept

We know that the slope-intercept form of the line equation is

y=mx+b

where

m=slope b=y-intercept

As we have already determined m=-1 and y-intercept=b=0

so substituting m=-1, b=0 in the slope-intercept form of the line equation

[tex]y=mx+b[/tex]

[tex]y=(-1)x+0[/tex]

[tex]y=-x[/tex]

Thus, the slope-intercept form of the equation of this line is:

[tex]y=-x[/tex]

Hence, option 'c' is true.

Sequences and series

Answers

Answer: D) Geometric; r = 4

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

Explanation:

The sequence is not arithmetic because the distance between adjacent terms keeps increasing. For instance, the gap from 0.4 to 1.6 is 1.6-0.4 = 1.2, while the gap from 1.6 to 6.4 is 6.4-1.6 = 4.8. There is no common difference, so we can rule out choices A and B.

To check if we have a geometric sequence, divide each term by its previous term

(term2)/(term1) = (1.6)/(0.4) = 4

(term3)/(term2) = (6.4)/(1.6) = 4

(term4)/(term3) = (25.6)/(6.4) = 4

Each time we get 4 as a result, so this sequence is geometric and the common ratio is r = 4.

Put another way: each new term is found by multiplying the previous term by 4.

0.4*4 = 1.6

1.6*4 = 6.4

6.4*4 = 25.6

This all leads to D being the answer.

Side note: the nth term of this geometric sequence is [tex]a_n = 0.4*(4)^{n-1}[/tex] where n is a positive integer and starts at n = 1.

Which pair of angles shares ray as a common side?

Answers

Answer:

Step-by-step explanation:

adjacent angles share a ray

they also have a common vertex

-41 + 22 negative or positive

Answers

Answer:

-19

Step-by-step explanation:

Determine if the point (5, 7) is on the line of
Equation 5x + 6y = 67

Answers

Answer: The point (5,7) is on the line 5x+6y = 67

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

Explanation:

(5,7) means x = 5 and y = 7 pair up

Plug in those values to get...

5x + 6y = 67

5*5 + 6*7 = 67

25 + 42 = 67

67 = 67

We get the same number on both sides after fully simplifying. This means the equation is true. A true equation in the last step means the first equation is true when (x,y) = (5,7).

Therefore, the point (5,7) is a solution and it is on the line 5x+6y = 67.

math sucks ugh need more help

Answers

Answer:

3 is the correct answer

Step-by-step explanation:

I believe this is correct.

Hope this helps!

Answer:

3) the vertex is moved to the left 7 units

Step-by-step explanation:

When a number is inside the () and is being added or subtracted it goes to the opposite of the sign if it is + it goes left if it is - it goes right however with linear functions it is + right - left

You work in a hospital, and instructions for an instrument state that it should be cleaned in the sterilizer for two hours. The sterilizer requires cleaning time be entered in minutes. How many minutes do you set for the sterilizer?

Answers

Answer:

120 mins

Step-by-step explanation:

number of minutes in an hour = 60

number of hours = 2

total number of minutes = 60 x 2 = 120

Answer:

120 minutes

Step-by-step explanation:

an hour is 60 minutes and if you put them in for 2 hours you multiply 2×60 and your answer is 120

Side Panel Expand side panel 7.01 Discussion: Sequences and Modeling with Functions Think about Pascal's triangle. Many numerical sequences exist in this triangle. Research/explore the triangle. Give an explicit or recursive rule or explanation for the sequence you found. For example, the sum of the diagonals gives the Fibonacci sequence. Give an example of where in the triangle your sequence is located.

Answers

Answer:

The sum of the triangle gives us the Fibonacci sequence. The sequence starts with 0 and 1, then adds along the road, such as 3+5=8, and 5+8=13.

It's a pattern going along while adding sequences together.

i hope this helps, it's not the best, but it works! :)

The two right triangles on the graph below are similar.

Answers

Answer:

B is the correct chose

Step-by-step explanation:

Find the quotient 3/5 divided by 8

Answers

Answer:

A.

Step-by-step explanation:

Answer: The answer is A 3/40

Step-by-step explanation: [tex]\frac{3}{5} :8=\frac{3}{5} * \frac{1}{8} =\frac{3*1}{5*8} =\frac{3}{40}[/tex]

HEY CAN ANYONE PLS ANSWER DIS MATH PROBLEM!!!!

Answers

Answer:

No relationship

Step-by-step explanation:

Answer:

B. The number of vertices equal the number of isosceles triangles.

Step-by-step explanation:

1st figure:

No. of vertices: 4

No. of isosceles triangles: 4

2nd figure:

No. of vertices: 5

No. of isosceles triangles: 5

3rd figure:

No. of vertices: 6

No. of isosceles triangles: 6

Thus, the number of vertices equal to the number of isosceles triangles.

Volume



03020020203tagmineyhi

Answers

The answer is C good luck

Which statement describes a ratio?

Answers

answer c cause its comparing im pretty sure

How many solutions does 4-3x=-4+3x

Answers

Answer:

no

Step-by-step explanation:

Answer: none
Reason: if we solve for this we end up with the x values equaling to zero. This leaves us with 4 = - 4. This is not true because 4 isn’t equal to -4. If they were equal they would be the same value.
Hope this helps
Other Questions
A medical school claims that more than 28% of its students plan to go into general practice. It is found that among a random sample of 130 of the schools students 32% of them plan to go into general practice. Find the p- value for a test of the schools claim 10 8 2 2^2 = ? i need to know the answer to this please ive been trying to figure it out forever now and i dont know what to do What patriot victory convinced the British that the war was too difficult and costly to pursue? A line with a slope of 3 passes through the point (6,9). What is its equation inslope-intercept form? I need some help on this A model of a skyscraper uses the scale of 2 inches = 45 feet. If the actual skyscraper is 992 feet tall, how tall is the model? The price of milk increased from $2 to $2.50. What is the percent of change for the price of milk? Jordan drove for 6 hours at 55 miles per hour, while Matt drove for 3 hours at 60 miles per hour. If Isaac drove 82 miles longer than Jordan and Matt drove combined, for how many miles did Isaac drive. Why does sandstone form in so many different environments? Which property of an ice cube will stay the same after the ice cube is melted?A. ShapeB. Physical stateC. MassD. Texture History question plz help!!! Christian is to Feast of the Ascension as Muslim is to _________.A: Jewish Sabbath B: Easter Sunday C: Id al-Fitr I will mark Brainist if someone can answerComplete the following for the chemical formula: 5Ba(OH)2Number of elements= ?Number of subscripts= ?Number of of atoms= ?What is the coefficient?A. 1B. 3C. 5D. 15 Choose all that apply.Which tribes made up the Mongolic tribes of the Xiongnu Empire?XianbeiLanSiberian-TaigaUgariticTibetanIndo AryanLuandi Exterior Angle Theorem segun rogelio blanco por que se considera que espana es una sociedad lectora. Simonne used the following steps to simplify the given expression. Please answer from the image *please be serious *How does digestion and transport interact to keep and organism alive ?