Vincent made a 2000 deposit into an account on august1 that yields 2% interest compounded annually. How much money will be in that account at the end of 5 years

Answers

Answer 1

The money in the account at the end of 5 years is 2208.16

Compound interest

The formula for calculating the compound interest is expressed according to the formula:

Compound interest = P(1+r)^t

Given the following parameters

Principal = 2000

rate = 2 % = 0.02

time = 5 years

Substitute

A = 2000(1+0.02)^5

A = 2000(1.02)^5

A = 2208.16

Hence the amount of money that will be in that account at the end of 5 years is 2208.16

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Related Questions

Please help me to wrap my head around #22please included the Subjects I need to work on for (HW).

Answers

chaperones/students; 1/7 = x/45

7x = 45

x = 6.43

the min amount would be 7, as there can not be .43 of a chaperone. It cannot also be 6 because 6 x 7 would be 42 < 45.

Describe one example of a human right that you think is essential for everyone to have throughout the world. Why is this right essential? (

Answers

An example of a human right that I think is essential for everyone to have throughout the world is the right to life.

This right is essential because we all should live and no one should deny others the right.

Whet are human rights?

All people have the same basic legal rights, regardless of their gender, color, nationality, ethnicity, language, religion, or any other distinction. Human rights cover a wide range of rights, such as the freedom from slavery and torture, the right to life and liberty, the freedom of speech, the right to a job and an education, among many more. Human rights, which are usually protected by both domestic and international law, are moral principles or rules for particular standards of human behavior.

Human rights cover a wide range of rights, such as the freedom from slavery and torture, the right to life and liberty, the freedom of speech, the right to a job and an education, among many more. These rights apply to everyone without exception. The idea that a creature has the right to survive and, in particular, shouldn't be killed by another entity, is known as the right to life.

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The function h (x) = startfraction 1 over x squared 1 endfraction is the result of the composition f(g(x)). if g(x) = x2 1, what is f(x)? f (x) = startfraction 1 over startroot x endroot f (x) = startfraction 1 over x 1 endfraction f (x) = startfraction 1 over x squared 1 endfraction

Answers

This means that function of (x²+ 1) will give 1/(x²+ 1). To  get f(x), we will simply replace x²+ 1 in the function f(x²+ 1) with x to give;

f(x) = 1/x

How do you define a function?

A technical definition of a function is: a relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.

Given h(x) = 1/(x²+ 1) and g(x) = x²+ 1. If h(x) = f(g(x)) then;

1/(x²+ 1) = f(x²+ 1)

f(x²+ 1) = 1/(x²+ 1)

This means that function of (x²+ 1) will give 1/(x²+ 1). To  get f(x), we will simply replace x²+ 1 in the function f(x²+ 1) with x to give output ;

f(x) = 1/x

Hence the function of x i.e f(x) is 1/x

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Use the slopes of lines A and B to show that
they are perpendicular
to each other.

Answers

The line A and line B are perpendicular to each other.

What is defined as the perpendicular lines?Perpendicular lines are defined in geometry as two lines which meet or intersect at right angles (90°). The term "perpendicular" is derived from the Latin phrase "perpendicularis," which means "a plumb line."The following are the two important properties of perpendicular lines.These lines are always at right angles when they intersect.If two lines seem to be perpendicular to each other, they are parallel and will never intersect.

For the given ques, the graph of line A and line B are given.

The relation of slope of two perpendicular lines is their product of slope is -1.

Line A: select two point lying on the line A.

(2, 3) and (1, 1)

slope = m = (2 - 1)/(3 - 1)

m₁ = 1/2

Line B: select two point lying on the line B.

(8, 0) and (0, 4)

slope = m = (0 - 4)/(8 - 0)

m₂  = -4/8

m₂ = -1/2

Now, multiply both slopes.

m₁ x m₂ = 1/ 2 x -1/2

m₁ x m₂ = - 1

Thus, the line A and line B are perpendicular to each other.

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The ACT is a college entrance exam taken by high school students. The maximum score that can be earned is 36. The average score in the United States was 21.2 during a recent year. The average score for Vermont students that year was 7.5% higher than the national average. What was the average ACT score for Vermont students? Round your answer to the nearest tenth.​

Answers

If the average score in the United States was 21.2 during a recent year. The average score for Vermont students that year was 7.5% higher than the national average. The average ACT score for Vermont students is: 22.80.

Average ACT score

Using this formula to determine the average ACT score

Average ACT score  = Average score in the United states  + ( Average score in the United States × Average score for Vermont students)

Let plug in the formula

Average ACT score  = 21.2 + ( 21. 2 × 7.5%)

Average ACT score  = 21.2 + 1.59

Average ACT score = 22.79

Average ACT score = 22.80 (Approximately)

Therefore we can conclude that the average score is 22.80.

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B. Fill in the correct angle measurement.
7)
What is the complement of an 11° angle?
8)
What is the supplement of a 92° angle?
9)
What is the complement of a 56° angle?
For #10-12, use the diagram to the right.
10) m/ 2 =
11) m/3 =
12) m/4=
||·|
41°
3
2

Answers

Answer:

see solution

Step-by-step explanation
complementary means that both the angles add up to 90  and supplementary means both the angles add up to 180.

7) 90-11 = 79 degrees

8) 180-92 = 88 degrees

9) 90-56 = 34 degrees

You have not shown the diagram which questions 10 to 12 requires so I cant solve that

what is the answer to this equation.

Answers

Answer:

a = 10

Step-by-step explanation:

9 + a/10 = 10

we are going to be multiplying everything by 10

90 + a = 100

100-90=10

so a =10

The circumference of a circle is 7 ft. What is the area, in square feet? Express your
answer in terms of

Answers

Answer:

3.9ft²

Step-by-step explanation:

Hence circumference of the circle =2π(7)=2⋅722⋅7=2⋅22=44 cm.

18.) Find the average speed if you walk 6.2 miles in 90 minutes.
A) 14.52 miles per minute
B) .067 miles per minute
C) .069 miles per minute
D) 15 minutes per mile

Answers

C .069 miles aminute

Mai biked 6\frac{3}{4} miles today, and Noah biked 4\frac{1}{2} miles.

How many times the length of Noah’s bike ride was Mai’s bike ride?

Answers

The length of Noah’s bike ride was 1 1/2 of Mai’s bike ride

How to determine the number of times?

From the question, the given parameters are

Distance covered by Mai = 6 3/4 milesDistance covered by Noah = 4 1/2 miles

The number of times the length of Noah’s bike ride was Mai’s bike ride is calculated as

Number of times = Distance covered by Mai/Distance covered by Noah

Substitute the known values in the above equation

So, we have the following equation

Number of times = (6 3/4)/(4 1/2)

Evaluate the quotient in the above equation

Number of times = 1 1/2

Hence. the number of times is 1 1/2 times

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this is not a question im giving you all the answers!!!! I did miss like one question though sorry

Answer Key

Question 1 (Worth 1 points)

(03.03 MC)


The annual growth of Noah's worm collection is represented by the table. What does the f(x) = 4 represent?



x 0 2 4

f(x) 4 16 64

The number of new worms each year


The number of worms Noah started with


The common ratio of worm growth


The average rate of change of worm growth each year


Points earned on this question: 1


Question 2 (Worth 1 points)

(03.03 MC)


A talent competition on television had five elimination rounds. After each elimination, only one-third of the contestants were sent to the next round. The table below shows the number of contestants in each round of the competition:



x 1 2 3 4 5

f(x) 243 81 27 9 3



Compute the average rate of change of f(x) from x = 1 to x = 4, and describe what it represents.

−78 contestants per round, and it represents the number of contestants who will reach the final round


−234 contestants per round, and it represents the number of contestants who will reach the final round


−234 contestants per round, and it represents the average rate at which the number of contestants changed from the first round to the fourth round


−78 contestants per round, and it represents the average rate at which the number of contestants changed from the first round to the fourth round


Points earned on this question: 1


Question 3 (Worth 1 points)

(03.03 MC)


The table represents a continuous exponential function f(x).



x 2 3 4 5

f(x) 9 3 1 one-third


Graph f(x) and identify the y-intercept.

9


15


36


81


Points earned on this question: 0


Question 4 (Worth 1 points)

(03.03 MC)


Terrance invested money in a technology stock whose growth is modeled by the function f(x) = 0.01(2)x, where x represents number of days. Find the approximate average rate of change from day 3 to day 8.


0.496


2.016


2.48


5


Points earned on this question: 1


Question 5 (Worth 1 points)

(03.03 MC)


Does the function f of x equals 4 times the quantity 1 over 3 end quantity to the x power represent growth or decay? What is the y-intercept of f(x)?


Growth; (0, 4)


Growth; 0 comma one-third


Decay; (0, 4)


Decay; 0 comma one-third


Points earned on this question: 1


Question 6 (Worth 1 points)

(03.03 LC)


Which of the following options results in a graph that shows exponential decay?


f(x) = 0.6(2)x


f(x) = 3(0.7)x


f(x) = 0.4(1.6)x


f(x) = 20(3)x


Points earned on this question: 1


Question 7 (Worth 1 points)

(03.03 LC)


The number of members, f(x), in Joe's health club increased by 25% every year over a period of x years. The function below shows the relationship between f(x) and x:


f(x) = 15(1.25)x


Which of the following graphs best represents the function?


graph of exponential function going up from left to right through the point 0 comma 1 and approximately 6 tenths comma 6


graph of exponential function going up from left to right through the point 0 comma 15 and approximately 5 comma 45


graph of exponential function going up from left to right in quadrant 1 through the point 0, 0 and continuing toward infinity


graph of exponential function going up from left to right through the point 0 comma 1 and approximately 4 comma 3


Points earned on this question: 1


Question 8 (Worth 1 points)

(03.03 MC)


A bacteria is growing by a factor of 2 every hour from 1 p.m. to 11 p.m. The function below shows the number of bacterial cells, f(x), after x hours from 1 p.m.:


f(x) = 20(2)x


Which of the following is a reasonable domain for the function?


All positive integers


1 ≤ x ≤ 11


0 ≤ x ≤ 20


0 ≤ x ≤ 10


Points earned on this question: 0


Question 9 (Worth 1 points)

(03.03 MC)


Enrollment at a golf academy has grown exponentially since the academy opened. Below is a graph depicting this growth. Determine the average rate of change from x = 0 to x = 4.


An exponential graph has time in years on the x axis and enrollments on the y axis. An upward rising curve begins at zero comma fifteen and passes through four comma seventy five.


0.067


4


15


75


Points earned on this question: 1


Question 10 (Worth 1 points)

(03.03 MC)


The number of subscribers, f(t), to a newspaper after t years is shown by the equation below:


f(t) = 75(0.95)t


Which conclusion is correct about the number of subscribers to the newspaper?


It increased by 75% every year.


It decreased by 75% every year.


It increased by 5% every year.


It decreased by 5% every year.


Points earned on this question: 1

Answers

What's your question? This is already your submitted quiz on FLVS, I took it earlier today. After you've submitted it and try to resubmit, it will give you different questions with different answers...

Answer:

none of the answers showed up!it’s jut a useless list of questions!

What is the vertex of the graph of y = x^2 + 8x + 23?

Answers

VERTEX

The point on an angle where the two sides intersect.

So, The vertex of y = x^2 + 8x + 23 is (-4, 7).

HOPE this HELPED

The perimeter of a pool is 116 feet. If the length of the pool is 3 times its width,
what is the width of the pool?
(Show work)

Answers

Answer:

The perimeter P of a rectangular is given by formula P=2l+2w where l is the length and w is width of rectangle.Given that perimeter is 56 meters and length's 16 meters. Substituting values in formula,subtract 32 from both sides -⇒24=2w w=12width of rectangular pool is 12 meters.Hence, the answer is 12.

Answer:

Perimeter = 2(l+b)

Perimeter = 116

width = x

length = 3x

116 = 2(3x+ x)

116 = 6x+2x

116 = 8x

x = 116/8

x = 14.5

You can verify answer by inputing value of x to see if perimeter is = 116 :

perimeter = 2(l+b)

116 = 2(3(14.5) + 14.5)

116 = 2(43.5 + 14.5)

116 = 87 + 29

116 = 116

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PLEASE HELP
if f(x)=3x-2 and g(x)=x+2/3, find f(g(x))
PHOTO ATTACHED

Answers

Answer:

g(x)= 1

f(x) = 1

f(g(x)) = 1

Step-by-step explanation:

Can someone help me ASAP please!!!!

Answers

Answer:

18 ft

Step-by-step explanation:

a=wl (3)(4) = 12

1/2bh 1/2(3)(4) = 6

12+6 = 18

molly and kali are selling fruit for a school fundraiser. customers can buy small boxes of grapefruit and large boxes of grapefruit. molly sold 12 small boxes of grapefruit and 5 large boxes of grapefruit for a total of $200. kali sold 4 small boxes of grapefruit and 10 large boxes of grapefruit for a total of $200. what is the cost of one small box of grapefruit and one large box of grapefruit?

Answers

The cost of one small box is $10 and the cost of one large box of grapefruit is equal to $16.

This type of problem can be solved using linear equations.

If we consider x to be the cost of one small box and y to be the cost of one large box of fruit, the linear equations can be given as;

12x + 5y = 200

4x + 10y = 200

Multiplying the second equation by 3

12x + 5y = 200

12x + 30y = 600

Now by subtracting both equations we get;

-25y = -400

y = -400 / -25

y = 16

Now adding this value of y = 16 in the first equation;

12x + 5y = 200

12x + 5(16) = 200

12x + 80 = 200

12x = 200 - 80

12x = 120

x = 120 / 12

x = 10

Therefore, $10 is the cost of one small box and $16 is the cost of one large box of grapefruit.

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REASONING You can paint 75 square feet of a surface every 45 minutes. Determine how long it takes you to paint a wall with
the given dimensions.
8 ft x 5ft
It will take you
minutes to paint the wall.

Answers

It will take you approximately 24 minutes to paint a 8ft x 5ft wall.

Lets find the area of the given wall,

Area of the wall (A)  = 8ft x 5ft

A = 40sq ft.

It takes 45 minutes to paint a 75 square feet wall, i.e.,

45min = 75 sq. ft.

So, in one min we can paint,

1 min = 75/45sq.ft. = 1.67sq.ft.

Therefore, the time taken to paint the given wall,

= 40sq.ft./1.67sq.ft.

= 24 mins (approx.)

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She starts with $100 and plans to add $50 each week. write an equation she can use to calculate the amount of money she will have after any number of weeks. how much money will she have after 1 year?

Answers

Main Answer:

2700 dollars

Explanation:

Let x be the number of  weeks and y be the total amount of money, then the equation can be written as,

[tex]y=50x+100[/tex] -------(1)

In a year there are 52 weeks.

Money she will have after 1 year is found out by putting x = 52 in the equation (1), we get

[tex]y=50(52)+100[/tex]

[tex]y=2600+100[/tex]

∴[tex]y=2700[/tex]

Therefore, the money she have after 1 year is 2700 dollars.

Complete the statement. Justify your answer If 11m=3n, then m/n=?

Answers

[tex]11m = 3n \\ \frac{11m}{11 \times n} = \frac{3n}{11 \times n} \\ \frac{m}{n} = \frac{3}{11} [/tex]

ATTACHED IS THE SOLUTION

Zachary purchased a computer for $1,800 on a payment plan. Three months after he purchased the computer, his balance was $1,365. Four months after he purchased the computer, his balance was $1,220. What is an equation that models the balance y after x months?

Answers

Y=1800-(time)(payment)
1365=1800-3(x)
1220=1800-4(x)

Randy planted a small pine tree in his yard. When he bought the tree it was 6 inches tall and grew at a rate of 2 inches weekly. Write a function of height, h, in terms of weeks, w.

Answers

Answer:

h = 2w + 6

Step-by-step explanation:

2 is the rate of change and 6 is the starting value.

H=2w+6 2 is the rate of change 6 is the rate of value

hi please help me!!!!!!!!!!!!!!

Answers

Answer:

10, 9, 8, -3, -8

Step-by-step explanation:

from top to bottom highest lowest

10

9

8

-3

-8

7/9 - 1/3 divided by 3/4

Answers

Answer:

16/27

Step-by-step explanation:

simplifying

(7/9−1/3)/3/4=16/27

Answer:

Step-by-step explanation:

7/9 - 1/3

= 7/9 = 3/9

= 4/9

4/9 / 3/4

= 4/9 * 4/3

= 16/27 Answer.

Every year, santiago's grandmother knits him a cozy wool sweater for his birthday. santiago's favorite color is red, so she plans to buy 700 yards of red thick wool for his sweater this year. she chooses a wool that is sold in 420-foot skeins. how many skeins should she buy?

Answers

Santiago's grandmother should buy 5 skeins to knit the sweater for his birthday.

Firstly converting the required amount of wool in foot. As per the known fact, 1 yard = 3 feet

So, required amount of wool = 700 × 3

Performing multiplication to find the required amount of wool

Required amount of wool = 2100 feet

Amount of wool in 1 skein = 420 feet

Number of skeins = 2100÷420

Performing division to find the number of skeins to be bought for knitting sweater for birthday

Number of skeins = 5

Therefore, Santiago's grandmother should buy 5 skeins of wool.

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You have a budget of $300 to order shirts for a math club. The equation. 10x + 12y = 300 models the total cost, where x is the number of short-sleeved shirts and y is the number of long-sleeved shirts.

a. Interpret the terms and coefficients in the equation.

b. Graph the equation. Interpret the intercepts.

c. Find three possible solutions in the context of the problem.​

Answers

The x-intercept is at point (30,0) and the y-intercept is at point (0,25). The graph of the equation is attached below.

What is an equation?

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

Given that Short-sleeved shirts cost $10 each.  

The Long-sleeved shirts cost $12 each.

The total budget is $300.

The given equation is 10x + 12y = 300

where x is the number of short-sleeved shirts and y is the number of long-sleeved shirts.

We have, 10x + 12y = 300

Substitute the value x = 0

10(0) + 12y = 300

12y    = 300

y = 25

So, the y-intercept will be at 0,25).

Substitute y = 0

10x + 12(0) = 300

10x = 300

x = 30

So, the x-intercept is at point (30,0).

The x-intercept is at point (30,0), that means the number of short-sleeved shirts is 30. The y-intercept is at point (0,25), that means the number of long-sleeved shirts is 25.

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One pound of grout is enough to grout a tiled area that is 110 sq. ft. Alyssa’s kitchen counter is made up of two rectangular segments. One is 10.3 ft by 2.5 ft, and the other is 3.1 ft by 2 ft. Which expression represents the number of pounds of grout Alyssa will need?

Answers

By taking the quotient between the area that one pound covers and the area of the kitchen, we conclude that Alyssa will need 0.29 pounds of grout.

How many pounds will Alyssa need?

We know that one pound of grout covers a total of 110 square feet.

Alyssa's kitchen is made of two rectangular segments, one that measures 10.3ft by 2.5 ft, then the area of this rectangle is:

10.3ft*2.5ft = 25.75 ft²

The other rectangle has dimensions of 3.1ft by 2ft, so the area is:

3.1ft*2ft = 6.2ft²

The total area is:

25.75 ft² + 6.2ft² = 31.95 ft²

Now, with one pond of grout, they can cover 110 ft², then the number of pounds that Alyssa needs is:

N = 31.95 ft²/110 ft² = 0.29

Alyssa will need 0.29 pounds of grout.

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You roll a fair 6-sided die twice. Find the probability of getting the same number.

Answers

Answer:2/12

Step-by-step explanation:6x2 is 12 and the chance of getting is 2/12.

Answer: 1/6

Step-by-step explanation:

When you roll a dice, you will get a number from 1-6. It could be any number.

However, to roll a dice and get that same number, out of the 6 numbers, is 1/6.

hilda bought 10 7/20 she left with 21 1/4 using decimal form

Answers

The pounds of pork that Hilda bought based on the information illustrated is 10.9 pounds.

How to calculate the value?

From the information, Hilda bought 10 7/20 lb of beef and some pork and she left with 21 1/4 of meat.

The pounds of pork that she bought  using the decimal form will be:

= Total meat - Pounds of beef

= 21 1/4 - 10 7/20

= 21.25 pounds - 10.35 pounds

= 10.9 pounds.

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Hilda bought 10 7/20 lb of beef and some pork. She left with 21 1/4 of meat. Express the pounds of pork that she bought  using decimal form

If 5x + 3y = 31 and 6x + 4y = 39 using elimination,
what is the value of x + y?

Answers

Answer:

x=3.5,y=4.5

lets check if our answer is correct

let's use equation 1

5x+3y=31

5(3.5)+3(4.5)=31

17.5+13.5=31

31=31

Step-by-step explanation:

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An online streaming service that offers TV shows, documentaries, and movies charges an initial fee of $20.25 and an additional monthly membership fee of $3.75. The total cost, N(t), for a member after t months can be expressed with the function N(t) = 3.75t + 20.25. What is the range of the function in the context of the problem?


[0, ∞)
[3.75, ∞)
[20.25, ∞)

Answers

The range of the function N(t) is [20.25, ∞). The correct option is D.

What is the range of the function?

A function's range is the set of possible output values. For example, the range of the function f(x)=x² on the domain of all real numbers (xR) is the non-negative real numbers, which can be written as f(x)0 (or [0,] in interval notation).

In this question, we have been given that an online streaming service that offers TV shows, documentaries, and movies charges an initial fee of $ 20.25 and an additional monthly membership fee of $3.75.

The total cost, N(t), for a member after t months can be expressed with the function N(t) = 3.75t + 20.25

As t is the number of months, t can take values from 0 to infinity.

For t = 0 years,

N(0) = 3.75(0) + 17.25

N(0) = 0 + 17.25

N(0) = $17.25

For x tends to ∞, the value of function would be ∞. The range will be (20.25,∞).

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groan and grown in one sentence GUYSSSSS HELP ME PL,S PSP[JOWQHIFUEFIDoisd[jofbwkeqiITS SO HARDDD TO SOLVE if you dig a 6 feet hole how deep is it?PLSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS HELPPPPPPPPPPPPPPPPPPP 7. Isaiah has a summer internship at a technology company and is paid $3,000. After Federal and state taxes, Social Security, and Medicare are deducted, his take-home pay is $2,500. Which of the statements below is correct? josh wrote 483 out of an expected 500 words for his essay. How would this ratio be expressed in decimal form? during july, jobs no. 103 and 104 were completed, and jobs no. 101, 102, and 104 were delivered to customers. jobs no. 105 and 106 are still in process at july 31. a. compute the work in process inventory at june 30. b. compute the finished goods inventory at june 30. c. compute the cost of goods sold during july. d. compute the work in process inventory at july 31. e. compute the finished goods inventory at july 31. which system is represented by the graph? Match the example or description to the term.1. can't dry 2. wouldn't unique 3. word to which suffixes and prefixes are attached prefix 4. word part which attaches to front of root would not 5. word part which attaches to the end of a root alter 6. change hurl 7. throw suffix 8. different root word 9. arid destroy 10. ruin cannot 84. the centers for disease control and prevention reported in 2012 that 1 in 88 american children had been diagnosed with an autism spectrum disorder (asd). a. if a random sample of 200 american children is selected, what are the expected value and standard deviation of the number who have been diagnosed with asd? 2510 to the power of -3 to standard form to ensure the quality of its almond butters, rally's roasters owns the almond groves in which all of its almonds are grown. rally's almond butters are sold in supermarkets as well as specialty food stores throughout the country. rally's makes use of what type of integration? A computer base unit of mass 4.5 kg is dragged along a smooth desk. If the tension in eacharm of the person dragging it is 16 N and acts at 22 above the horizontal, then what is thenormal reaction force? PLEASE HELP!! It's easy i'm just Dum. Solve for x, look down below for more info. David buys last year's best-selling novel, in hardcover, for $13.30. This is with a 30% discount from the original price. What was theoriginal price of the novel? A toy costs 35 000 lndonesian rupiah (Rp).The conversion rate is Rp 1000 = 5$0.145 598.Without using a calculator, estimate the price ofthe toy in S$. blackburn's lab altered the sequence of the telomerase rna. predict what might happen to telomeres in tetrahymena cells if the tetrahymena template rna were mutated to 3'-accccgac-5'. Ive has density of 0.92g/cm what will ice do in water assume that on february 1, procter & gamble (p&g) paid $720,000 in advance for 2 years insurance coverage. prepare p&gs february 1 journal entry and the annual adjusting entry on june 30. Data collected from the economy of Royal City reveals that a 16% increase in income leads to the following changes: A 6% increase in the quantity of flops demanded A 14% decrease in the quantity of clubs demanded A 29% increase in the quantity of aces demandedCompute the income elasticity of demand for each good and use the dropdown menus to complete the first column in the following table. Then, based on its income elasticity, indicate whether each good is a normal good or an inferior good. (Hint: Be careful to keep track of the direction of change. The sign of the income elasticity of demand can be positive or negative, and the sign confers important information.)Good Income Elasticity of Demand Normal or Inferior GoodFlops Clubs Aces Which of the following three goods is most likely to be classified as a luxury good ? Aces Clubs Flops HELPPPPPPPPWhat is the slope of the line? Come up with a reflection about the image shown below: