Paula has a client who wants to invest into an account that earns 4% interest, compounded annually. The client opens the account with an initial deposit of $4,000, and deposits an additional $4,000 into the account each year thereafter.

Assuming no withdrawals or other deposits are made and that the interest rate is fixed, the balance of the account (rounded to the nearest dollar) after the eighth deposit is __________.

Answers

Answer 1

The balance of the account after the eighth deposit will be $36857 if an account that earns 4% interest, compounded annually.

What is compound interest?

It is defined as the interest on the principal value or deposit and the interest which is gained on the principal value in the previous year.

We can calculate the compound interest using the below formula:

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

Where A = Final amount

          P = Principal amount

          r  = annual rate of interest

          n = how many times interest is compounded per year

          t = How long the money is deposited or borrowed (in years)

P = 4000, r = 4% = 0.04 and an additional $4,000 into the account each year thereafter.

The balance of the account after the eighth deposit;

[tex]A = \rm 4000\times \dfrac{1\times (1+0.04)^8}{1-(1+0.04)}[/tex]

A = 36856.90 ≈ $36857

Thus, the balance of the account after the eighth deposit will be $36857 if an account that earns 4% interest, compounded annually.

Learn more about the compound interest here:

brainly.com/question/26457073

#SPJ1


Related Questions

HELP!!! Simplify the expression.

3√25t²

Answers

Answer:

15t

Step-by-step explanation:

if you do the sqrt of 25 you get five than multiply that by 3 to get 15 then do the sqrt of t to get t

Hope this helps! ;-)

volume of hemisphere whos area is 12.5 ft squared

Answers

Answer:

radius r = 1.41047396 m

base circumference C = 8.86226925 m

volume V = 5.87697483 m^3

curved surface area A = 12.5 m^2

base surface area B = 6.25 m^2

total surface area K = 18.75 m^2

In Terms of Pi π

base circumference C = 2.82094792 π m

volume V = 1.87069919 π m3

curved surface area A = 3.97887358 π m^2

base surface area B = 1.98943679 π m^2

total surface area K = 5.96831037 π m

Step-by-step explanation:

r = radiusC = base circumferenceV = volumeA = curved surface areaB = base surface areaK = total surface areaπ = pi = 3.1415926535898√ = square root

Hemisphere Formulas in terms of radius r:Volume of a hemisphere:

V = (2/3)πr^3

Circumference of the base of a hemisphere:

C = 2πr

Curved surface area of a hemisphere (1 side, external only):

A = 2πr^2

Calculate the base surface area of a hemisphere (a circle):

B = πr^2

Total surface area of a hemisphere:

K = (2πr^2) + (πr^2) = 3πr^2

Answer:

Approximately 6.4 ft³

Step-by-step explanation:

A *hemisphere* is half of a sphere. As far as surface area goes, we not only need to account for the curved area, but also the area of the circular disc at the bottom. The area of the curved region is going to be half the area of the whole sphere. Since a sphere with radius r has a surface area of 4πr², the curved part of the hemisphere must have half that, or 2πr². Add in the area of the circular disc, πr², and we have a total area of 3πr². Setting this equal to the given area of 12.5 ft², we can solve for r:

[tex]3\pi r^2=12.5\\r^2=12.5/3\pi\\\\r=\sqrt{12.5/3\pi}[/tex]

Now, using the formula for the volume of a sphere, [tex]V=(4/3)\pi r^3[/tex], we can substitute our new value for r and solve:

[tex]V=(4/3)\pi r^3\\=(4/3)\pi(\sqrt{12.5/3\pi})^3\\\approx 6.4[/tex]

Lucia paints a certain room in 5 hours, and Marie paints the same room in 8 hours. How long does it take them to paint the room if they work together? Round to the nearest tenth.

Answers

Answer:

3.1 hrs  painting together

Step-by-step explanation:

Lucia rate = 1 room/ 5 hr

Marie rate = 1 room/8hr

now combine the rates

1 room / ( 1/5 + 1/8) = 3.077 hrs

The bases of Triangle A and Triangle B are equal. The ratio of the height of
Triangle A to the height of Triangle B is 4 : 5. If the height of Triangle A is
16 cm and its base is 12 cm, what is the area of Triangle B?

Answers

Answer:

A = 120 cm²

Step-by-step explanation:

The 4 part of the ratio relates to the height of triangle A , then

16 ÷ 4 = 4 cm ← value of 1 part of the ratio, then

5 parts = 5 × 4 cm = 20 cm

The area (A) of triangle B is calculated as

A = [tex]\frac{1}{2}[/tex] bh ( b is the base and h the height )

Here b = 12 and h = 20 , then

A = [tex]\frac{1}{2}[/tex] × 12 × 20 = 6 × 20 = 120 cm²

Which ordered pair is a solution of y=2x+5
(-2,1)
(-1,4)
(1,6)
(3,10)

Answers

(-2,1)

2(-2)= -4

-4 + 5 = 1

1 = 2(-2) + 5

What is 4(5x^{2} )+16=400

Answers

Step-by-step explanation:

4(5x²) + 16 = 400

5x² + 4 = 100

5x² = 96

x² = 19.5

x = ±sqrt(19.5) = ±4.415880433...

Consider the system of equations.

h(x) = 4x-2
j(x)= - 2x + 4

What does the point (1,2) represent in the system of equations?

A.
the minimum value
B.
the maximum value
C.
the point when h(x) = j(x)
D.
the domain and the range

Answers

The answer is d! Hope this helps

Dr. shepherd is studying a bacterial colony with a population of 29,600 bacteria. the colony is
growing 5% per hour. how many bacteria will the colony contain in 12 hours?
if necessary, round your answer to the nearest whole number
bacteria

Answers

Answer:

  53,157

Step-by-step explanation:

The population growth of a bacterial colony can be modeled by an exponential function of the form ...

  p(t) = a·b^t

where a is the initial population and b is the growth factor. The growth factor is ...

  b = 1 +r

where r is the growth rate.

__

In this problem we have ...

  a = 29,600

  b = 1 +5% = 1.05

  t = 12

So, the population after 12 hours is

  p(12) = 29600×1.05^12 ≈ 53,157

The colony will contain 53,157 bacteria in 12 hours.

Sort each type of expense into the category where it fits best.
clothing expenses
fixed expenses
variable expenses
mortgage expenses
rent
food expenses
loan payments

Answers

The categories that the expenses best fit into are:

fixed expenses :

mortgage expensesrentloan payments

variable expenses:

clothing expensesfood expenses

What are fixed and variable expenses?

Fixed expenses are the expenses that are constant. They do not vary with the quantity bought. Variable expenses are the expenses that vary. More quantities can be bought and this increases the expenses.

To learn more about fixed cost, please check: https://brainly.com/question/27127934

#SPJ1

Somebody please help I’ve been stuck on this question for 2 hours

Answers

The volume of the cylinder when its radius is tripled is 405π unit³.

What is the volume of the cylinder when its radius is tripled?

The volume of the cylinder when its radius is tripled is calculated by applying the formula for volume of a cylinder as follows;

V = πr²h

where;

r is the radius of the cylinderh is the height of the cylinderV is the volume of the cylinder

V₁/r₁² = V₂/r₂²

where;

V₁ is the initial volume = 45π unit³

r₁ = 3 units

when the radius is tripled, r₂ = 3r₁

V₁/r₁² = V₂/r₂²

V₂ = (V₁/r₁²) x r₂²

V₂ = (V₁/r₁²) x (3r₁)²

V₂ = 9V₁

V₂ = 9 x 45π unit³

V₂ = 405π unit³

Learn more about volume of a cylinder here: https://brainly.com/question/9554871

#SPJ1

Solve for the variable:
√5-x= √6-x

Answers

Answer:

There are no solutions. this equation  seems wrong

Step-by-step explanation:

A variable that explains the relationship between an IV and a DV is called a(n) __________, whereas a variable that changes the relationship between an IV and a DV is called a(n) __________.

Answers

Mediator variable explains the relationship between IV and DV.

Moderator variable that changes the relationship between an IV and a DV.

What is a Mediator Variable and a Moderator Variable?

A mediator variable can be described as a third variable that explains how an independent variable affects a dependent variable, while a moderator variable can directly alter or strengthen the relationship between the independent and independent variable.

For example, alertness is a mediator variable between the independent variable, sleep quality, and dependent variable, achievement.

In summary, mediator variable explains the relationship between IV and DV, while the variable that changes the relationship between an IV and a DV is the moderator variable.

Learn more about the mediator and moderator variable on:

https://brainly.com/question/18511432

#SPJ1

Mr. reeves planted 5 beans and 12 tomato plants in his garden. What is the ratio of bean plants to tomato plants ?

Answers

Answer:

5/12 = 0.416666....   also in percentage 29,41 % of the plant are beans and 70.59 % are tomato plants.

Which lists contain only rational numbers? Select all that apply.
-6, -7, -9, -11,61
5, 12, 18, 24, 30
6 4 11 6 13
3' 7'99' 13' 37
0.865, 0.4444, -6.37, -11.11
7.3, 4.15, -6.26, 9.1

Answers

0.865, 0.4444, -6.37, -11.11
Rational are decimals / fractions

Factor completely 16x8 − 1.

Answers

Answer:

Step-by-step explanation:

(4x^4 - 1)(4x^4 + 1)

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

Find the value of x. Enter only your numerical value for x

Answers

Answer:

x = 3

Step-by-step explanation:

Equating the secants :

10 (10 + 5x + 2) = 9 (9 + 7x)50x + 120 = 81 + 63x63x - 50x = 120 - 8113x = 39x = 3

Answer:

3

Step-by-step explanation:

Theorem:

If two secants intersect outside a circle, then the product of the length of the exterior segment of one secant and the length of that secant equals the product of the corresponding parts of the other secant.

In this case:

10 × (10 + 5x + 2) = 9 × (9 + 7x)

10(5x + 12) = 9(7x + 9)

50x + 120 = 63x + 81

-13x = -39

x = 3


will mark brainliest to whoever gets it right

Answers

Answer:

x = 74 degrees

Answer:

74 degrees

Step-by-step explanation:

Remember that CO interior angles equal to 180 degrees so what you need to simply do is do 180 minus 106 degrees giving you 74 degrees as your answer

solve the system using substitution. show all work. {4x + 5y = 7 {y = 3x - 10

Answers

Answer:

x = 3, y = -1.

Step-by-step explanation:

4x + 5y = 7

y = 3x - 10

Substitute for  y = 3x - 10 in the first equation:

4x + 5(3x - 10) = 7

4x + 15x - 50 = 7

19x = 7 + 50 = 57

x = 57/19 = 3.

Now plug x = 3 in the second equation

y = 3(3) - 10

y = 9 -10

y = -1.

What is the perimeter of ΔWXY?

11.57 cm
12.22 cm
12.46 cm
14.50 cm

Answers

no shape included, so this is impossible to answer

The perimeter of the triangle ΔWXY is P = 14.50 cm

What is a Triangle?

A triangle is a plane figure or polygon with three sides and three angles.

A Triangle has three vertices and the sum of the interior angles add up to 180°

Let the Triangle be ΔABC , such that

∠A + ∠B + ∠C = 180°

The area of the triangle = ( 1/2 ) x Length x Base

For a right angle triangle

From the Pythagoras Theorem , The hypotenuse² = base² + height²

if a² + b² = c² , it is a right triangle

if a² + b² < c² , it is an obtuse triangle

if a² + b² > c² , it is an acute triangle

Given data ,

Let the triangle be represented as ΔXYZ

Now , the measure of sides of the inscribed triangle ΔQRS is

QR = 2.93 cm

RS = 2.04 cm

QS = 2.28 cm

where the points Q , R and S are the midpoints of the sides of the triangle ΔXYZ

So , the measure of sides of the triangle are twice the lengths of the sides of triangle ΔQRS

And , the perimeter P = 2 ( 2.93 + 2.04 + 2.28 )

On simplifying , we get

P = 2 ( 7.25 )

P = 14.50 cm

Hence , the perimeter is P = 14.50 cm

To learn more about triangles click :

https://brainly.com/question/16739377

#SPJ7

The complete question is attached below :

What is the perimeter of ΔWXY?

a) 11.57 cm

b) 12.22 cm

c) 12.46 cm

d) 14.50 cm

How many edges does this shape have?

Answers

Answer:

8 Edges.

Imagine a cardboard box. The top has four edges and the bottom of it has another four.

Answer:

8

Step-by-step explanation:

count top edges then multiply by 2

Find the area of the shaded region.
Round your answer to the nearest tenth. 120 degrees 6cm

Answers

If the area of a semicircle and an isosceles triangle is 56.55 cm² and 18 cm². Then the area of the shaded region will be 38.55 cm².

What is Geometry?

It deals with the size of geometry, region, and density of the different forms both 2D and 3D.

Then the area of the shaded region will be given by the difference between the area of the semicircle and the area of the isosceles triangle.

The area of the shaded region will be

Shaded area = area of semicircle - area of isosceles triangle

Then the area of the semicircle will be

Semicircle area = π 6² / 2

Semicircle area = π36/2

Semicircle area = 56.55 square cm.

The area of the isosceles triangle will be

Isosceles triangle area = 2 × (1/2) × 6 × 6 sin30°

Isosceles triangle area = 6 × 6 × 0.5

Isosceles triangle area = 18 square cm

Then the area of the shaded region will be

Shaded area = 56.55 - 18

Shaded area = 38.55 square cm

More about the geometry link is given below.

https://brainly.com/question/7558603

#SPJ1

A line passes through the point , (−3, -4) and has a slope of 3. Write an equation in slope-intercept form for this line.

How do I solve this?

Answers

Answer:

y=3x+5

Step-by-step explanation:

Take the point you are given and plug it into whatever you're using (paper or a sight) take the slope and find another whole number that contents with the slope's path. now time for the easy part. make the start of the equation; in this case, its y=3x now once you have done that make a line that goes through the y axis, this will give you the y-intercept of 5. if you are using a sight then its way easier; you can either look and estimate where it crosses the y axis or you can start at a number and go up or down depending on how close you are to your 2 points. once you have done that you should have all you'll need to make the equation!

if this makes no sense tell me!

PLEASE HELP ME! I WILL MARK THE BRAINLEIST

Answers

Answer:

Part B:3/6 should be your answer answer:)!

Part C:The side length is 4 feet 6 inches, it is a rational number because both numbers can be showed as a fraction.

Step-by-step explanation:

Consider the following geometric sequence 2,6,18,54

Answers

Answer:

Multiply the number by 3 to get the next number.

Step-by-step explanation:

treatment definition

Answers

Answer: Heyaa!

If you mean medicine treatment the definition is...

The management and care of a patient to combat disease or disorder.

If you mean just basic treatment the definition is...

The manner in which someone behaves toward or deals with someone or something.

Hopefully this helps you:

- Matthew

can someone help me with this

Answers

For two matrices to be multiplicative inverse of each other, the product of the matrix must be equal to an identity matrix I.

Multiplicative inverse of a matrix

For two matrices to be multiplicative inverse of each other, the product of the matrix must be equal to an identity matrix I.

Since the 2 by 2 matrix is given, hence the resulting value of I must be a 2 by 2 matrix.

Multiply the row of the first matrix with the column of the second to have:

[tex]\left[\begin{array}{ccc}-3&7\\-2&5\\\end{array}\right] \left[\begin{array}{ccc}-5&-7\\-2&3\\\end{array}\right] =\left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right][/tex]

Learn more on identity matrix here: https://brainly.com/question/2361951

#SPJ1

Given the range (1, 1), (4, 2), (2, -1), with a coordinate transformation of f(x, y) = (x+2, y-3), what is the domain?


(-1, 4), (2, 5), (0, 2)

(-2, 3), (1, 4), (-1, 1)

(1, 1), (2, 4), (2, -1)

(3, 2), (12, 4), (-12, 2)

Answers

Answer:

A.

Step-by-step explanation:

I believe it is A. because there are the numbers that equal all together to get that domain.

A class of 28 students has 13 boys and 15 girls. what is the ratio of boys to girls in the class?

Answers

28-13=15 so it would be 2


. What is the area of this polygon?
10 m
9 m
8 m
15 m

Answers

Answer:10 squared plus 9 squared equals 15 squared

Step-by-step explanation:

take the square root of your answer

conjunction and disconjuction​

Answers

Step-by-step explanation:

When two statements are connected with an 'and,' you have a conjunction.

For conjunctions, both statements must be true for the compound statement to be true.

When the connector between two statements is "or," you have a disjunction. In this case, only one statement in the compound statement needs to be true for the entire compound statement to be true.

Other Questions
Which combinations of traits would be possible in future generations if the genes for fur color and eye color assort independently? Select all possibilities. Observing, collecting data, surveying, and making inferences are all examples of an attempt toa. learn about your audienceb. analyze diversityC. make presentational adaptationsd. None of the above.Please select the best answer from the choices provided OD Help with these circle equation questions? will reward brainly 4y+8-2y if y=3 what is the answer 4.. Which of the following best explains whypulmonary arteries have lower oxygenand higher carbon dioxide levels thanveins have?(A) Pulmonary arteries have blood that has beensaturated by oxygen.(B) Pulmonary arteries carry blog from the heartto the lungs.(C) Pulmonary veins carryfrom the lungsto systemic tissues.(D) Pulmonary veins diffa their oxygen topulmonary arteries(E) Systemic capillaries rculate blood topulmonary veinsama Na The diagrams A and B below show a student moving the same boxes intwo different ways. In diagram B, the student is using wheels, which arepart of a simple machine.It will be easier for the student to use wheels to push the boxes indiagram B because there is(A) less mass(B) less friction(C) more gravity(D) more erosion A heard of elk increased from 75 in 1998 to 310 in 2005. Find the annual percent of increase for this heard. a tomato sauce company currently sells tomato sauce... what is the midpoint of (4,10) (16,0) Three 20.0 ohm resistors areconnected in parallel and attached toa 5.00 V battery. How much currentflows out of the battery? how to analyze a formal essay 2Two figures are similar, and the scale factor is2Over3If a side of the larger figure is 12, then the corresponding side in the smaller figure is..681218Choose an answer What is the unfilled volume inside the cylinder? 320 cubic units 597 cubic units 640 cubic units 725 cubic units Noah and Gabriel are in the same English class. They have taken 6 quizzes so far. Find the measures of center for each of the students.Noahs scores: 84, 85, 85, 86, 90, 92Total of 522Gabriels scores: 82, 85, 86, 86, 90, 94Total of 523What are Noahs mean, median, and mode?What are Gabriels mean, median, and mode? Yellowstone volcano If you found out that Yellowstone was erupting, who would you want to find first?Where do you think you would go to find safety?If you survived, what do you think the World would be like after it was over? How long would it be that way?Can you think of another time in our Earth's history where something like this happened and affected a society of people? whats the answer for this qusten Jesse measured a farm and made a scale drawing. The scale of the drawing was 1 centimeter = 4 meters. If the actual width of the goat pen is 8 meters, how many centimeters wide is the goat pen in the drawing? Select the correct answer. which country was the first to ally with germany in world war ii? a. italy b. austria c. poland d. japan e. russia Topic 16-1 number 13.Draw and label parallel lines XY and RS.Then draw and label TS so it is perpendicular to both XY and RS.Draw point Z on TS.Envision Math 4th grade Make sentences from the words in parentheses, use the past simple or present perfect.1. Juan / earn / a lot of money / this month.2. Jimena / do / many things / yesterday morning.3. Mariela / not / have / a day off recently?4. Carapaz / win / a gold medal / few months ago.5. Margarita and Roberto / get engaged / last Monday.6. Emilia / not / go / to Esmeraldas yet.7. Narcisa and Mara / write / an article about energy / this year.8. Klever / play / sports for the last few weeks?9. Alicia and Manuel / not / be / in Macar?10. Maribel / major / in civil engineering this year.