Moe puts $1500 in a bank certificate that pays an annual rate of 4.5% compounded annually. No withdrawals or deposits are made. How much will the certificate be worth (to the nearest dollar) at the end of 7 years?

Answers

Answer 1

Answer:

FV= $2,041.29

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $1,500

Number of periods (n)= 7 years

Interest rate (i)= 4.5% = 0.045

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 1,500*(1.045^7)

FV= $2,041.29


Related Questions

can someone give me 500 pts and 5 brainliest

Answers

Answer:

No -_-

Step-by-step explanation:

wot why??- 0,0

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Given the following​ sets, find the set .
U​{​1, ​2, 3, . .​ ., 7​}
A​{​1, 3​, 4​, 5​}
B​{2​, 3​, 5​}
C​{1​, 2​, 3​, 4​, 6​}

Answers

The answer is C. hajsjshshshhshshssjjssjjajajaabahhshhhhzhzjk

[tex]x1+2x2-x3=3, 2x1+x2-2x3=1, 3x1+4x2-5x3=5[/tex]

Answers

Answer: x1 = 0; x2 = 5/3; x3 = 1/3

x1 + 2x2 - x3 = 3 => 2x1 + 4x2 - 2x3 = 6

                                2x1 + x2 - 2x3 = 1

=> 4x2 - x2 = 5

⇔ 3x2 = 5

⇔ x2 = 5/3

with x2 = 5/3, we have: x1 - x3 = 3 - 10/3 = -1/3

                                        3x1 - 5x3 = 5 - 4.5/3 = -5/3

=> x1 = 0

    x3 = 1/3

Step-by-step explanation:

What is 75% of 780?
75% of 780 is

Answers

75% of 780 is 585 :)

Answer:

If you are using a calculator, simply enter 75÷100×780 which will give you 585 as the answer.

billy jogs 4/5 kilometer every minute.how many kilometers does he jog after 6 1/8 minutes?​

Answers

Answer:

[tex]Distance =24\frac{1}{2}\ km[/tex]

Step-by-step explanation:

Given

[tex]Rate = \frac{4}{5} km/ min[/tex]

Required

Determine the distance covered in [tex]6\frac{1}{8}\ min[/tex]

The distance is calculated using:

[tex]Distance = Rate * Time[/tex]

This gives:

[tex]Distance = 4 * 6\frac{1}{8}[/tex]

Convert to improper fraction

[tex]Distance = 4 * \frac{49}{8}[/tex]

[tex]Distance = \frac{4 * 49}{8}[/tex]

[tex]Distance = \frac{196}{8}[/tex]

[tex]Distance =24\frac{1}{2}\ km[/tex]

Helppppppppppppp meeeeee

Answers

Answer:

9

Step-by-step explanation:

because 9 in a third is 3

3 + 12 is 15

9x2 is 18

and 15 is 3 less than 18

6) Sally traveled 352.5 miles on 13 gallons of gas. Set up and solve to proportion to find how many miles she can travel on 18 gallons of gas. Round your answer to the nearest whole number of gallons. Your answer​

Answers

Answer:

add a gallon

Step-by-step explanation:

Solve this question please

Answers

Answer:

e = 1/2

Step-by-step explanation:

[tex]\frac{1}{2}e = \frac{1}{4}\\[/tex]

multiply both sides by 2

[tex]e = 1/2[/tex]

E=1/2

Explanation: 1/2*1/2=1/4

Jasmine and Richard are arguing about which expression represents the sum of (6x - 3y) and (x + y). Richard says it is 7x - 2y but Jasmine says it is 7x - 4y. Who is right? Explain.

Answers

Answer:

Richard 7x-27

Step-by-step explanation:

6x-3y +  x+y

Each school bus going on the field trip holds 36 students and 4 adults. There are 6 field buses on the field trip. How many people are going on the field trip?

Answers

Answer:

240 people are going on the trip

Step-by-step explanation:

216 students and 24 parents

Katy ran a mile in 5 minutes. How many seconds are in 5 minutes? Answer without units. *
Captionless Image

Answers

Answer:

300 i think

Step-by-step explanation:

Answer:

300 seconds

Step-by-step explanation:

2. Ava has 6 boxes of cookies, each box has 30 cookies. Select all the equations that describe the situation. [2 points]
a.ᐧ30=6
b.=6 ᐧ30
c.6=30
d.ᐧ6=30
e.306=

Answers

Answer:

B, 6 x 30

Step-by-step explanation:

Because that's the only answer.

A grocery store sells a bag of 4 oranges for $1.56. How much does one orange cost?

Answers

Answer:

.39 cents

Step-by-step explanation:

1.56 divided by 4 is .39

Answer:

36 cents

Step-by-step explanation:

if you multiply 36 by 4 you'll get 1.56

I need Help answering this Before 2pm today

Answers

I think it’s (-10, -5) if your looking at the Xmin and Ymin

Solve the equation 2x +45 = 9. Explain the steps
and properties you used.

Answers

Answer:

Step-by-step explanation:

Here you go mate

Step 1

2x+45=9  Equation/Question

Step 2

2x+45=9  Simplify

Step 3

2x+45=9  Subtract 45 from sides

2x=-36

Step 4

2x=-36  Divide sides by 2

-18

Answer

x=-18

Hope this helps

Answer:

Step-by-step explanation:

I can help

Step 1

2x +45 = 9  Simplify

Step 2

2x +45 = 9  you gotta subtract 45 from each sides

2x=-36

Step 3

2x=-36  Divide the sides by 2

Answer

x=-18

hope this helps

On a coordinate plane, point M is located at (-5, 1) and point N is located at (-5,8).

What is the distance, in units, between point M and point N? Enter the answer in the box.

Answers

7 units
use the distance formula or you could graph the points and count the distance, but formula is prob preferred

1.3.27
The length of a new rectangular playing field is 8 yards longer than quadruple the width. If the perimeter of the rectangular playing field is 506 yards, what are its dimensions?
The width is

Answers

Answer:

The width of the field is 49 yards and the length is 204 yards.

Step-by-step explanation:

Let the width be b.

Length = 8+4b

The perimeter of the rectangle = 506 yards

The perimeter of the rectangle is given by :

P=2(l+b)

So,

506=2(8+4b+b)

253 = 8+5b

245 = 5b

b = 49 yards

Length, l = 8+4b

= 8+4(49)

= 204 yards

So, the width of the field is 49 yards and the length is 204 yards.

What is the answer and steps to the following equation: 6(4-z)=2z

Answers

Answer:

3

Step-by-step explanation:

Answer:

z=3

Step-by-step explanation:

6(4-z)=2z

24-6z=2z

8z=24

8z/8=24/8

z=3    

plsss help me solve question 2

Answers

I think it’s 305 ft if I did it right but I could be wrong

A water tank already contains 55 gallons of water when Baxter begins to fill it. There is a crack in the tank and water begins to leak at a rate of 8 gallons per minute. Find the amount of water in the tank 6 minutes after Baxter begins filling the tank.

Answers

Answer:

Step-by-step explanation:

Therefore, the volume of the water in the tank 25 minutes after Baxter begins filling the tank is 255 gallons.

Step-by-step explanation:

Linear Equation; Ax+By=C

A linear equation to model this situation:

8x + 55 = C

Where;

8 is for the rate of gallons.

'X' is the minutes.

55 is the gallons of water the tank already contained.

8(25) + 55 = 255

Where;

8 is for the rate of gallons.

25 is the minutes.

55 is the gallons of water the tank already contained.

mattew drives at an average speed of 62 mph for 5 hours. b
how many miles does mattew drive​

Answers

Answer:

He drove 310 miles per hour

Step-by-step explanation:

So this means that in one hour he drives 62 miles

to find how much in five hours multiply 5 by 62

5x62=310miles

Answer:

310 miles

Step-by-step explanation:

62times 5 =310

(5pts) Recall that a standard deck of cards has 52 cards. The cards can be classified according to suits or denominations. There are 4 suits, hearts, diamonds, spades and clubs and there are 13 cards, each of a different denomination, in each suit. The 13 denominations are, Aces, Kings, Queens, ...,Twos, with 4 cards in each denomination (one of each suit). A poker hand consists of a sample of 5 cards drawn from the deck (without replacement). How many poker hands consist of 2 Aces, 2 Kings and a card of a different denomination?

Answers

Answer:

1584

Step-by-step explanation:

Distribution of cards in a deck:

Total number of cards = 52

Total number of cards drawn = 5

Sampling without replacement :

Number of Aces = 4

Number of kings = 4

Card different from Aces and kings = total cards - (4 + 4) ;

52 - 8 = 44 cards

(Drawing 2 aces from 4) * (2 kings from 4) * 1 other card of different denomination)

Using combination :

4C2 * 4C2 * 44C1

Using calculator :

6 * 6 * 44

= 1584

3 over x plus 6 over y

Answers

Answer:

[tex]\frac{3}{x}+\frac{6}{y}[/tex]

Find the solution Y=-3x-5 y=9x+7 and show on graph

Answers

Answer:

(-1, -2)

Explanation:

Once Isabel rented the warehouse space, she decided to post ads on several social media sites to advertise her online bookstore. Let x represent the number of months the ads have been posted. Isabel finds that the function below describes the number of books sold as a function of the number of months her ads have been posted. Isabel finds that the function below describes the number of books sold as a function of the number of months her ads have been posted.

f(x) = 1000(∛x) + 1000

Required:
How many books were sold after 8 months?

Answers

Answer:

3000 books

Step-by-step explanation:

The correct function that describes the number of books sold as a function of the number of months her ads have been posted is expressed as;

f(x) = 1000(∛x) + 1000

x is the number of months the ads have been posted

Required:

Number of books sold after 8 months

To get this we will substitute x = 8 into the expression given

f(8) = 1000(∛8) + 1000

f(8) = 1000(2) + 1000

f(8) = 2000 + 1000

f(8) = 3000

Hence the total number of books that were sold after 8 months is 3000 books

Answer:

3000 were sold after 8 months

Step-by-step explanation:

Bea is buying pens and pencils. Pens cost $2 and pencils cost $1. She plans on spending no more than $10 and wants to buy at least 10 items. Which two inequalities model this situation?

Answers

Well each pen costs $2 and each pencil costs $1.

One of the equations would be

2p + 1c ≤ 10

She doesn’t want to spend more than 10 dollars but wants to get 10 items. So she’ll be spending $10. For the pencils.

1c ≤ 10 c = 10

1(10) ≤ 10

10 ≤ 10

Now for the pens

2p ≤ 10

2. 2

P = 5

5 ≤ 10

Anymore will go over her budget. She wants to buy at least 10 items not 10 exactly so she can buy 5 pens or 10 pencils.

I will give brainiest.

Answers

Answer:

the third one is the answer

Dean picked 28 flowers and Jackie picked 37 flowers. They put the flowers they
picked together. Then, Dean and Jackie divided all of the flowers among 6 flower pots
so that each flower pot had the same number of flowers. How many flowers were left
over after Dean and Jackie had filled the flower pots?

Answers

Answer:

if all the pots have an even amount then you should be left with 5 flowers left

Step-by-step explanation:

28+37= 65 there are 6 pots so take 5 away and each pot gets 10

now each pot has an even amount and you are left with 5

What fraction does Point A on the number line below represent?

Answers

the number line is broken into increments of eighths, just count back how many ticks out of eight past 0. the answer should be -2/8

Which institution informs individuals and businesses about their rights and responsibilities?

A.The Federal Trade Commission

B.The Office of the Comptroller

C.The Federal Reserve System

D.The Bureau of Consumer Protection

Answers

Answer:

A. The Federal Trade Commission

Step-by-step explanation:

The FTC inaugurated its doors in March 1915. The FTC's purpose is to protect consumers and encourage contestants. The FTC cannot solve individual grievances, but it can present knowledge about what steps to exercise. The FTC states that accusations can improve it and its law implementation partners identify patterns of fraud and exploitation, which may direct to examinations and preventing unfair marketing practices.

Answer:

The Bureau of Consumer Protection

Step-by-step explanation:

The FTC’s Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights and responsibilities.

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