The present value in a savings account is $420. It is receiving 3% annually compounded monthly. What is the future value in 2 months?

Answers

Answer 1

Answer:

$422.10

Step-by-step explanation:

According to the scenario, computation of the given data are as follows,

Present value (PV) = $420

Rate of interest( compounded monthly) = 3% annually

so, rate of interest per month (r) = 3 ÷ 12 = 0.25% per month

Time period (n) = 2 months

so, by putting the value in excel FV formula, we get.

Attachment is attached below.

Future value in 2 months = $422.10

The Present Value In A Savings Account Is $420. It Is Receiving 3% Annually Compounded Monthly. What

Related Questions

4. Calculate the surface area of this triangular prism.
2 points
10 in.
10
8
15 in
6 in.

Answers

Answer:

Surface Area of a Triangular Prism Calculator

In the general surface area is defined as the total area the surface of the object occupies. A triangular prism is a polyhedron that  has a triangular base. It has 5 faces and 9 edges. Use our online surface area of a triangular prism calculator to efficiently calculate the total surface area occupied by the triangular based prism. Enter the triangle's sides, base, height, and prism height in the prism calculator to find the SA of the triangular prism.

Step-by-step explanation:

Randy hung a total of 900 feet of Christmas lights on the exterior of his house this past holiday season. If 1 foot equals 30.48 centimeters, how many centimeters of Christmas lights did Randy hang?

Answers

I’m trying to work it out right now but either way search it up it might come out

PLEASE DONT SAY YOU DONT KNOW JUST FOR POINTS

Answers

Answer:

D

Step-by-step explanation:

The class needs to collect 20.5 pounds of cans for recycling over the next 5 months. Students plan to collect 3.75 pounds each month.

Use the drop-down menus to complete the statements below about the can collection.

Answers

Answer:

There will still be 1.75 pounds of trash left

Step-by-step explanation:

HELP PLEASEE ASPA 30 points

Answers

Answer:

[tex]x = 75[/tex]

Step-by-step explanation:

[tex]hope \: it \: helps[/tex]

Marlin obtains a 20/6 balloon mortgage to finance $305,500 at 5.75%. How much principal and interest will he have already paid when his

balloon payment is due?

$188,267.86

$152,285.77

$154,430.64

$249,256.48

Answers

Answer:

$154,430.64

Step-by-step explanation:

The first step is for us to determine the monthly payment as follows:

Mortgage amount can be found as the present value of all monthly payments, hence, using the formula below we can determine monthly payment as follows:

mortgage amount=monthly payment*(1-(1+r)^-n/r

mortgage amount=$305,500

monthly payment is unknown

r=monthly interest rate=5.75%/12=0.4791667%

n=number of monthly payments in 20years=20*12=240

305,500=monthly payment*(1-(1+0.4791667% )^-240/0.4791667%

305,500=monthly payment*(1-0.31750756 )/0.0047916670

305,500=monthly payment*0.68249244 /0.0047916670

monthly payment=305,500*0.0047916670 /0.68249244

monthly payment=$2,144.87  

Number of months that payments have been made=6*12=72

total paid=$2,144.87*72

total paid for 6 years=$ 154,430.64  

Make x the subject of the formula
X + p = q

Answers

Given:

The equation is

[tex]x+p=q[/tex]

To find:

The formula where x is the subject of the given formula.

Solution:

To make x the subject of the formula, we need to isolate the variable x.

We have,

[tex]x+p=q[/tex]

Subtracting p from both sides, we get

[tex]x+p-p=q-p[/tex]

[tex]x+0=q-p[/tex]

[tex]x=q-p[/tex]

Therefore, the required formula of x is [tex]x=q-p[/tex].

Answer:

q-p = x

Step-by-step explanation:

PLZ ANSWER QUICK IT WILL HELP A LOT!

Answers

Answer:

B

Step-by-step explanation:

A student jogged at a constant rate of 7 miles per hour for
1 1/3
hour. The function d = 7t can be used to find the
distance in miles the student jogged during t, the time in hours.
What is the range of the function for this situation?

A - 0_< t _< 1/3

B - {0,7/3}

C - 0_< d _< 7/3

D - {0,1/3}

Answers

Answer:C

Step-by-step explanation:

i did it and it’s c the one with 0<_d<_ 7/3

Answer:

C. 0< d < 7/3

Step-by-step explanation:

Mariah worked for 3 hours and earned a total of $28.50. Which equation can be used to find r the amount of money Mariah earns per hour.

Answers

Answer:

28.50/3=r

Step-by-step explanation:

Answer:

28.50 divided by 3.

Step-by-step explanation:

This is because if 28.50 is the total and we know she worked for 3 hours that means that the answer to our equation: 9.5 means that each hour she worked for she was given 9.50 or 9.5 dollars. We can check this by doing 9.5 x 3 which gives us 28.5 or 28.50. :)

PLEASE HELPP ASAP
PLEASE HELPP ASAP

Answers

It’s b because 16 divided by 4 is 1/4 i

Answer:

The answer is b

Step-by-step explanation:

hope it helped bye :)

I need help with this math ASAP due today

Answers

Answer:

C. 1/16 choice c because this is what the calculator gave me

the answer is -16 bc it jus is

as shown, several parallelograms are formed in an expandable gate. The angles of the parallelograms change as the gate is expanded and compressed. Find m

Answers

Answer:

m = 145

Step-by-step explanation:

All angles inside a parallelogram = 360

∠ABC = ∠ADC

35 = ∠ADC

360 = 2(∠ABC) + 2( ∠DAB)

360 = 70 + 2( ∠DAB)

290 = 2( ∠DAB)

145 = ∠DAB

The adjacent angle of the parallelogram are supplementary angles. If the angle ∠ABC is 35°. Then the angle ∠DAB will be 145°.

What is a parallelogram?

It is a polygon with four sides. The total interior angle is 360 degrees. A parallelogram's opposite sides and angles are parallel and equal.

In the parallelogram ABCD, the angle ∠ABC is 35°.

We know that adjacent angle of the parallelogram are supplementary angles.

∠ABC + ∠DAB = 180°

35° + ∠DAB = 180°

∠DAB = 180° – 35°

∠DAB = 145°

More about the parallelogram link is given below.

https://brainly.com/question/1563728

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What are the values of x and y?
A.
x equals 136 over 15 and y equals 17 over 15
B.
x equals 64 over 15 and y equals 17 over 15
C.
x equals 8 over 15 and y equals 136 over 15
D.
x equals 64 over 15 and y equals 136 over 15

Answers

Answer:

d. 8 over 15 = 136 over 15 this is the right answer okay

On a coordinate plane, a line goes through (negative 8, 4) and (8, 4). A point is at (negative 4, negative 6).
What is the equation of the line that is parallel to the given line and passes through the point (−4,−6 )?

x = −6
x = −4
y = −6
y = −4

Answers

Answer:

The equation of parallel line passes through the point (−4,−6 ) is:

y = -6

Please also check the attached graph.

Step-by-step explanation:

The slope-intercept form of the line equation

y = mx+b

where

m is the slopeb is the y-intercept

Given that on a coordinate plane passes through (-8, 4) and (8, 4).

As the value of y remains the same for any value of x.

i.e. y = 4 for any value of x.

Thus, the given line is a horizontal line.

We know that the slope of a horizontal line is zero.

Also it is clear that at x = 0, the value of y = 4. In other words, we can observe that the y-intercept b = 4.

so substitutig m = 0 and b = 4 in the slope-intercept form

y = mx + b

y = 0x + 4

y = 4

Therefore, the equation of line passing through the point  (-8, 4) and (8, 4) is:

y = 4

Now, we also know that the slope of parallel lines is equal.

Thus, the slope of the line parallel to the line y = 4 is also 0.

As the parallel line passes through (−4,−6 ).

so substituting m = 0 and (-4, -6) in the slope-intercept form of line equation to determine the y-intercept b

y = mx + b

(-6) = 0(-4) + b

-6 = 0 + b

switching the sides

0 + b = -6

b = -6

Thus, the slope-intercept b = -6

now substituting m = 0 and b = -6 in the slope-intercept form of line equation

y = mx + b

y = 0(x) + -6

y = 0 - 6

y = -6

Therefore, the equation of parallel line passes through the point (−4,−6 ) is:

y = -6

Please also check the attached graph.

Answer:

1351

Step-by-step explanation:

if 7 less than 5 times a number is two more than twice that number, what is the result when that number is added to 8

Answers

Answer:

11

Step-by-step explanation:

[tex]5x - 7 = 2x + 2\\3x = 9\\x = 3[/tex]

3 + 8 = 11

Factor the polynomial by its greatest common monomial factor.
44k5 – 66k4 +77k3

Answers

Yes so basically 44k and 66k4 are the answer is in the your welcome

ANSWER THIS plzzzzzzzzzzzzzzz will mark brainliest

Answers

It’s the second one

Answer:

second

Step-by-step explanation:

What is the area of this figure?

Enter your answer in the box.

mm²
Composite figure composed of a a right triangle with a base of 3 mm and a height of 4 mm, and two rectangles, one with side lengths of 3mm and 4mm, the other with side lengths of 1 mm and 6 mm.

Answers

Answer:

18 mm²

Step-by-step explanation:

Firstly, I do not think the person above me has the correct answer.

Okay, so I am not very good at explaining things but I will try. When finding the area of a composite figure, you add Area A + Area B.

So for this equation, figure one has a length of 4mm and a width of 3mm. Remember when we are finding the area of a shape, we multiply Length times Width. So, figure one has an area of twelve. The Same applies to figure two. Figure two has a length of 1mm and a width of 6mm, we multiply one by six and get six. Now we add the area of the twelve and six and we get 18mm²

I understand that my explaining skills suck, so I will show it in an easier way

Area A = 4mm x 3mm

Area A = 12mm

Area B = 1mm x 6mm

Area B = 6mm

Area A + Area B = Total Area

12mm + 6mm = 18mm²

So, 18mm² will be your answer.

I hope this helps.

Sorry if it isn't helpful or correct.

The total area of the composed figure with right triangle and two rectangles is 24 square millimeters.

What is Area of Rectangle?

The area of Rectangle is length times of width.

Composite figure has a right triangle and two rectangles.

right triangle with a base of 3 mm and a height of 4 mm

Area of triangle = 1/2×4×3

=6 square millimeter

Area of first rectangle with side lengths of 3mm and 4mm

Area of first rectangle = 3 × 4

= 12 square millimeter

Area of second rectangle with side lengths of 1mm and 6 mm

Area of second rectangle =1×6

=6 square millimeter

Total area is 6+12+6 which 24 square millimeters.

Hence, the total area of the composed figure with right triangle and two rectangles is 24 square millimeters.

To learn more on Rectangles click:

https://brainly.com/question/20693059

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April, May and June have 90 sweets between them. May has three-quarters of the number of sweets that June has.

April has two-thirds of the number of sweets that May has. How many sweets does June have?

Answers

Answer:

40

Step-by-step explanation:

pweeze help
i will give brainliest :(

Answers

Answer:

Sorry I was unable to answer the other questions but I can answer for the coordinates.

Point M: (2,3)

Point N: (6,3)

Point K: (6,6)

Point Q: (2,-3)

Point R: (6,-3)

Point S: (6,-6)

i really need help please!!!

Answers

Answer:

5x-4y=0

Step-by-step explanation:

[tex]\frac{5-0}{4-0} =\frac{y-0}{x-0} \\ 5x-4y=0[/tex]

If Jose can make 3 baskets in 20 seconds, what is the unit rate?

Answers

60 I guess not sure

Divide 32 in the ratio 5 : 3.

Answers

Answer:20,12

Step-by-step explanation:

32×5/8=20

32×3/8=12

Answer:
5 by 32= 20
8
3 by 32= 12
8
20:12 divided by 5:3= 4:4

(4+6)2 PEMDAS
Please answer this ASAP

Answers

Answer:

20

Step-by-step explanation:

(4 + 6)2 | Parenthesis first

(10) × 2 | Distribute

20

What is the price of a $25 meal with a 20% tip?

Answers

$30 if it’s not I am so sorry

Answer: 30:00$

Step-by-step explanation:

Because 20% is 5 dollars i think 25+5 is 30 If i'm wrong please Correct.

Round 3.46 to the nearest integer

Answers

Answer: 3.5 integers can be in decimals too. and any number counts as an integer except for 0

Answer:

3

Step-by-step explanation:

Find the number in the whole number place 3 and look one place to the right for the rounding digit on the right side of the decimal point 4. Round up if this number is greater than or equal to 5 and round down if it is less than 5.

A hot air balloon is descending at a rate of 287 feet per minute.
Find the total change in elevation of the balloon in 4 minutes.

Answers

Answer:

Please check the explanation.

Step-by-step explanation:

The slope-intercept form of the line equation

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

where

m is the rate of change or slopeb is the y-intercept

A hot air balloon is descending at a rate of 287 feet per minute.

Thus, the rate of change m = -287

The negative sign indicates that a hot air balloon is descending.

Let y be elevation.

Let x be the time (in minutes)

As there is no mentioning of the initial height.

Thus, the y-intercept b = 0

now substituting m = -287 and b = 0

y = mx + b

y = -287x + 0

y = -287x

In order to determine the total change in elevation of the balloon in 4 minutes, we need to substitute x = 4 in the equation y = -287x.

Thus, the total change in elevation of the balloon in 4 minutes will be:

y = -287x

y = -287(4)

y = -1148 feet

The negative sign indicates that that the elevation is decreasing.

ACFG is a parallelogram, If AX = 4y + 3 and XF = 2y + 7, find AX.

Answers

Answer:

AX=XF

4y+3=2y+7

4y-2y=7-3

2y=4

y=2

then,

AX=4y+3

=4×2+3

=8+3

=11

The value of length AX of parallelogram is 11.

What is  parallelogram?

A quadrilateral with two sets of parallel sides is referred to as a parallelogram. In a parallelogram, the opposite sides are of equal length, and the opposing angles are of equal size. Additionally, the interior angles that are additional to the transversal on the same side. 360 degrees is the sum of all interior angles.

∵ ACFG is a parallelogram, therefore length of diagonal will be equal

∴AX = XF

4y+3 = 2y+7

4y-2y = 7-3

2y = 4

y = 2

Therefore, length of AX is :

AX = 4y+3

     = 4×2+3

     = 11

option (c) is correct answer

To know more about parallelogram equation please visit:

https://brainly.com/question/28854514

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If I have a circle with the diameter of 2 what is the area of this circle?

Answers

Answer:

3.14

Step-by-step explanation:

Hope this helps!

Make sure to stay safe, or else. :> ^-^

Answer:

3.14 would be the answer

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