When you start your career, you decide to set aside $250 every month to deposit into an investment account. The investment firm claims that historically their accounts have earned an annual interest rate of 9.0% compounded monthly. Assuming this to be true, how much money will your account be worth after 20 years of depositing and investing? Round your answer to the nearest cent. Do not include labels or units. Just enter the numerical value.

Answers

Answer 1

After 20 years of depositing and investing there will be 168474.01 dollars in your account.

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)

The formula for calculating how much money will your account be worth after 20 years of depositing and investing is:

P = $250, r = 9% = 0.09, t = 20 years, n = 12 and PMD = $250(per month deposit)

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

[tex]\rm A = 250(1+\dfrac{0.09}{12})^{12\times20}+\dfrac{250((1+\dfrac{0.09}{12})^{12\times12}-1)}{\dfrac{0.09}{12}}[/tex]

A = 1502.287 + 166971.717

A = $168474.01

Thus, after 20 years of depositing and investing there will be 168474.01 dollars in your account.

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Related Questions

For what value of y does 125 =
(1/25)^y-1

Answers

Answer:

[tex] y = -\dfrac{1}{2} [/tex]

Step-by-step explanation:

I assume that y - 1 is an exponent, and the equation is

[tex] 125 = (\dfrac{1}{25})^{y - 1} [/tex]

[tex] 5^3 = (5^{-2})^{y - 1} [/tex]

[tex] 5^3 = 5^{-2y + 2} [/tex]

[tex] -2y + 2 = 3 [/tex]

[tex] -2y = 1 [/tex]

[tex] y = -\dfrac{1}{2} [/tex]

need help with this question. ​

Answers

We have this equation:

[tex]\log(x) + \log(x + 99) = 2[/tex]

First, combine both logarithms using the multiplication property and simplify the expression.

[tex]\log[x(x + 99)] = 2[/tex]

[tex]\log[ {x}^{2} + 99x ] = 2[/tex]

Now, use the definition of logarithm to transform the equation.

[tex] {10}^{2} = {x}^{2} + 99x[/tex]

[tex] {x}^{2} + 99x - 100 = 0[/tex]

Finally, use the quadratic formula to solve the equation.

[tex]x = \frac{ -99 ± \sqrt{ {99}^{2} - 4 \times 1 \times ( - 100)} }{2 \times 1} [/tex]

With this, we can say that the solution set is:

x = 1x = -100

We cannot choose x = -100 as a solution because we cannot have a negative logarithm. The only solution is x = 1.

PLS HELP ME Solve the following equation: two fifths plus one fifth equals

one fifth,
three tenths,
two fifths,
or three fifths.

Answers

Answer: 3/5 (three fifths)
1/5 + 2/5 = 3/5
(1+2)/5 = 3/5

it is three fifths,

and it is the answer.

77 is the product of 7 and diego's height use the variable d to represent diego';s height

Answers

Diego's height is 7 units

How to determine Diego's height?

The statement is given as:

77 is the product of 7 and Diego's height

This means that:

77 = 7 * d

Divide both sides by 7

d = 11

Hence, Diego's height is 7 units

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Write an equation for the nth term of the arithmetic sequence 8, 3, -2, -7,... Find the 9th term of the sequence.

Answers

Answer: -32

Rule: -5

Explanation: 8-5=3 3-5=-2 (-2)-5=(-7) (-7)-5=(-12), etc.

What is the least possible value of (x+1)(x+2)(x+3)(x+4)+2019 where x is a real number?

Answers

By completing the square, we have

[tex](x+1)(x+4) = x^2 + 5x + 4 = \left(x+\dfrac52\right)^2 - \dfrac94[/tex]

[tex](x+2)(x+3) = x^2 + 5x + 6 = \left(x + \dfrac52\right)^2 - \dfrac14[/tex]

Then

[tex](x+1)(x+2)(x+3)(x+4) = \left(x+\dfrac52\right)^4 - \dfrac52 \underbrace{\left(x + \dfrac52\right)^2}_{=y} + \dfrac9{16} \\\\ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ = y^2 - \dfrac52 y + \dfrac9{16} \\\\ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ = \left(y - \dfrac54\right)^2 - 1 \\\\ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ = \left(\left(x + \dfrac52\right)^2 - \dfrac54\right)^2 - 1[/tex]

This product has a minimum of -1 when

[tex]\left(x + \dfrac52\right)^2 - \dfrac54 = 0[/tex]

which has two real solutions; then the minimum of the overall expression is -1 + 2019 = 2018.

How did I do? for one of the questions I assumed you didnt take in count for the base so I just did lateral area

Answers

The area of the exposed surface is 442 square feet

What is a right square pyramid?

A right square pyramid is a polyhedron with 5 faces consisting of four triangles and a square base.

Analysis:

The exposed surface is the area of the four triangles.

The perpendicular height of the triangles is same and it is the slant length of the shape = 17ft

Area of 4 triangles = 1/2 bh = 1/2 x 17 x 13 x 4 = 442 square feet.

In conclusion, area of exposed surface is 442 square feet.

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Dilate ∆ABC about the origin using the scale factor n. Measure and compare the lengths of the sides of the dilated triangle, ∆A'B'C', with those of ∆DEF. Take a screenshot of your dilation, save it, and insert the image below the table.

Answers

The attached graph represents the image of the triangles

How to dilate the triangle?

To do this, we make use of the following coordinates

A = (1, 0)

B = (5, 0)

C = (1, 6)

The lengths of the triangle are calculated using

[tex]d = \sqrt{(x_2 -x_1)^2 + (y_2 -y_1)^2[/tex]

So, we have:

[tex]AB = \sqrt{(1-5)^2 + (0 -0)^2} = 4[/tex]

[tex]BC = \sqrt{(1-5)^2 + (6 -0)^2} = 7.2[/tex]

[tex]AC = \sqrt{(1-1)^2 + (6 -0)^2} = 5[/tex]

Using the scale factor of 2, we have the image of the dilation to be:

D = (2, 0)

E = (10, 0)

F = (2, 12)

The lengths of these sides are

DE = 8

EF = 14.4

DF = 10

See attachment for the image of the triangles ABC and DEF

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Pls answer for brainlest and 50 points PLEASE EXPLAIN

In image

Answers

First, let's complete the angles in the triangle. Remember that the sum of the angles in a triangle is 180 degrees.

73 + 90 + x = 180

163 + x = 180

x = 17

So, the angle that completes the triangle is 17 degrees. If we look at that angle in the triangle and the one adjacent to it, we can see that those two angles form a linear pair (or are supplementary, both meaning that they add up to 180 degrees).

17 + x = 180

x = 163

So, 17's supplement is 163 degrees. The 163 degree angle corresponds with angle r, and corresponding angles are congruent.

Therefore, angle r is 163 degrees. The correct answer is option C.

Hope this helps!

Answer: C) 163

Step-by-Step Solution:

In the Right Triangle formed to the extreme right, lets mark the angles as
∠1, ∠2 and ∠3.

Therefore, from the Figure :-

∠1 = 73°
∠2 = 90°

By Angle Sum Property :-

∠3 = 180 - (73 + 90)
∠3 = 180 - 163
=> ∠3 = 17°

The Angle which forms a Linear Pair with ∠3 is the Corresponding Angle of ∠r, and Corresponding Angles are Equal.

Therefore,
=> 180 - ∠3
= 180 - 17
=> 163°

Therefore, the Angle that forms the Linear Pair with ∠3 is 163°

This Angle is Corresponding to ∠r and hence they are Equal ie. ∠r = 163°

Hence, ∠r = 163°

22POINTS PLEAS ANsewer

Answers

Answer:

2y>-y+5

Step-by-step explanation:

because it has a eligible number at the right hand side

A block is a rectangle that measures 100yards by 76yards. How many times around the block do you have to drive in order to drive one mile?

Answers

If block has length 100 yards and breadth 76 yards then we have to drive 5 times to drive one mile.

Given The length of block is 100 yards, the breadth of block is 76 yards.

We have to find number of times we need to drive one mile.

The perimeter of a rectangle= 2(length +breadth)

length is 100 yards

Breadth is 76 yards

perimeter=2(100+76)

=2*176

=352 yards.

We know that 1 mile is equal to 1760 yards.

We have to find number of times to drive 1 mile=1760/352

=5 times.

Hence we have to drive 5 times around the block which have length 100 yards and breadth 76 yards.

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Factor by Grouping.
The ac product of 35x² + 41x + 12 is
The factors of the ac product that add to 41 are
35x² + 41x + 12 =
Submit Question
x +
)(
and
x +
000

Answers

Answer:

The ac product of [tex]35x^2+41x+12[/tex] is 420.

The factors of the ac product that add to 41 are 20 and 21.

[tex]35x^2+41x+12 =[/tex] [tex](7x+4)(5x+3)[/tex]

Step-by-step explanation:

1) The general form of a quadratic is [tex]ax^2 + bx + c[/tex]. Hence, multiplying 35 by 12 gives you the product of ac, which is 420.

2) We need to find two numbers that multiply to 420 and add up to 41 simultaneously. If we pull out the factors of 420, two of them will be 20 and 21, which multiply to 420 as well as add up to 41.

3) Write [tex]41x[/tex] as a sum.

[tex]35x^2+20x+21x+12[/tex]

Now, we can factor them out by grouping.

[tex]35x^2+20x+21x+12\\5x(7x+4)+3(7x+4)[/tex]

Since, [tex]7x +4[/tex] is common in both of the factors, we only take one of the [tex]7x+4[/tex] along with [tex]5x[/tex] and [tex]3[/tex].

[tex](7x+4)(5x+3)[/tex]

Answer:

[tex]\text{The ac product of }\: 35x^2+41x+12 \text{ is }\boxed{420}\:.[/tex]

[tex]\text{The factors of the ac product that add to 41 are }\:\boxed{20} \: \text{ and }\: \boxed{21}\:.[/tex]

[tex]35x^2+41x+12=\left( \: \boxed{5}\:x+\:\boxed{3}\:\right)\left(\: \boxed{7}\:x+\boxed{4}\:\right)[/tex]

Step-by-step explanation:

Given quadratic:

[tex]35x^2+41x+12[/tex]

Factoring quadratics by grouping

To factor a quadratic in the form [tex]ax^2+bx+c[/tex],  find two numbers that multiply to ac and sum to b.

[tex]\implies ac=35 \cdot 12 = 420[/tex]

[tex]\implies b = 41[/tex]

Therefore, the two numbers that multiply to 420 and sum to 41 are:
20 and 21

Rewrite b as the sum of these two numbers:

[tex]\implies 35x^2+20x+21x+12[/tex]

Factorize the first two terms and the last two terms separately:

[tex]\implies 5x(7x+4)+3(7x+4)[/tex]

Factor out the common term [tex](7x+4)[/tex] :

[tex]\implies (5x+3)(7x+4)[/tex]

Conclusion

[tex]\text{The ac product of }\: 35x^2+41x+12 \text{ is }\boxed{420}\:.[/tex]

[tex]\text{The factors of the ac product that add to 41 are }\:\boxed{20} \: \text{ and }\: \boxed{21}\:.[/tex]

[tex]35x^2+41x+12=\left( \: \boxed{5}\:x+\:\boxed{3}\:\right)\left(\: \boxed{7}\:x+\boxed{4}\:\right)[/tex]

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if 3²× = 27 what is x

Answers

Answer:

3

Step-by-step explanation:

whenever solving for x, you have to work backwards…like so:
3 squared is 9

27 divided by nine is 3

x=3

To double check the answer, substitute the value that we just found into x

(3x3)x3=27

Answer:

[tex]x=\dfrac{3}{2}[/tex]

Step-by-step explanation:

Given equation:

[tex]3^{2x}=27[/tex]

Rewrite 27 in exponential form with base 3:

[tex]\implies 3^{2x}=3^3[/tex]

As both exponents have the same base,

[tex]\textsf{Apply exponent rule} \quad a^{f(x)}=a^{g(x)} \implies f(x)=g(x)[/tex]

[tex]\implies 2x=3[/tex]

Divide both sides by 2:

[tex]\implies x=\dfrac{3}{2}[/tex]

Please help me!

For a certain company, the cost for producing x items is 50x + 300 and the revenue for selling x items is 90x - 0.5x^2.

The profit that the company makes is how much it takes in (revenue) minus how much it spend (cost). In economic models, one typically assumes that a company wants to maximize its profit or at least wants to make a profit:
Set up an expression for the profit from producing and selling x items
Find two values of x that will create a profit of $300

Answers

Using the profit concept, we have that:

The expression is: P(x) = -0.5x² + 40x - 300.A profit of $300 is found with x = 20 and x = 60.

What is the profit concept?

Profit is given by revenue subtracted by costs.

In this problem, we have that:

The revenue is: R(x) = 90x - 0.5x².The costs are: C(x) = 50x + 300.

Hence the expression for the profit is given as follows:

P(x) = R(x) - C(x)

P(x) = 90x - 0.5x² - 50x - 300

P(x) = -0.5x² + 40x - 300.

A profit of $300 is found when P(x) = 300, hence:

300 = -0.5x² + 40x - 300

0.5x² - 40x + 600 = 0.

x² - 80x + 1200 = 0.

(x - 60)(x - 20) = 0.

Hence the values are:

x - 60 = 0 -> x = 60.x - 20 = 0 -> x = 20.

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which diagram shows a pair of angle measures that prove lines a and b are parallel?

Answers

Answer:

d

Step-by-step explanation:

it's kinda hard to explain

What is the end behavior of the function f of x equals negative 2 times the cube root of x? as x → –[infinity], f(x) → 0, and as x → [infinity], f(x) → 0. as x → 0, f(x) → –[infinity], and as x → [infinity], f(x) → 0. as x → [infinity], f(x) → [infinity], and as x → –[infinity], f(x) → –[infinity]. as x → –[infinity], f(x) → [infinity], and as x → [infinity], f(x) → –[infinity].

Answers

The end behavior of the function is as:

as [tex]x[/tex]→∞, f(x)→+∞ and as x→-∞, f(x)→+∞

What is end behavior?

The end behavior of a function will describe the behavior of the graph of the function at the "ends" of the x-axis.

How do determine the end behavior of a function?

By determining the highest degree of the polynomial function. As the highest degree term will grow faster than the other terms as x gets very large or very small, its behavior will dominate the graph.

The graph of the function is f(x)=2∛x

the function leads to infinity so the end behavior of the function is

as [tex]x[/tex]→∞, f(x)→+∞ and as x→-∞, f(x)→+∞

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134 A financial analyst believes that if interest rates decrease in a given period then the
probability that the stock market will go up is 0.08. The analyst further believes that
interest rate have a 0.40 chance of decreasing during the period in question. Given the
above information, what is the probability that the market will go up and interes: rate
will go down during the period in question?

Answers

The probability that the market will go up and interest rate will go down during the period in question is 0.03.

What is the probability?

Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.

The probability that the market will go up and interest rate will go down  = 0.08 X 0.40 = 0.03

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Suppose U = The set of one digit numbers and A = {x: x is an even natural number less than or equal to 9} Describe each of the sets by complete listing method: A'​

Answers

The sets U and A are U = {0, 1, 2, 3.....,9} and A = {2, 4, 6, 8}

How to list the set elements?

The sets are given as:

U = The set of one-digit numbers

A = {x: x is an even natural number less than or equal to 9}

One-digit numbers are numbers 0 - 9.

So, we have

U = {0, 1, 2, 3.....,9}

Natural numbers are numbers from 1.

Even natural numbers can be divided by 2 without remainder'

So, we have

A = {2, 4, 6, 8}

Hence, the sets U and A are U = {0, 1, 2, 3.....,9} and A = {2, 4, 6, 8}

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Answer:

Step-by-step explanation:

what is the lcd of 1/4 and 1/6​

Answers

Answer:

12

Step-by-step explanation:

LCD of 1/4 and 1/6 is the least common denominator that is divisible by 4 and 6 at the same time and is the least.

So it the same to find least common multiple of 4 and 6 that is 12.

The answer is 12.

!!!!!!!A dress pattern uses the scale 2 inches : 1 foot.if the model is 12 inches long how long is the dress!!!!!!pls Hurry

Answers

Using the scale ratio, the length of the dress is: 6 ft.

How to Apply Scale to Measurement?

Given a scale for the dress pattern as, 2 inches : 1 foot, it means 2 inches of the model equals 1 foot of the actual dress.

Therefore, using the scale ratio, let x represent the length of the dress. We would have:

2/1 = 12/x

x = (12 × 1)/2

x = 6 ft.

The length of the dress is: 6 ft.

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The value of x. if (3x +3) : (9x + 7) is duplicate ratio of 3:5 is​

Answers

Answer:

 (3x + 3) (9x + 7) is the duplicate ratio of 3:5 . the value of x is 2.

What is the simple interest that is missing from the table?

I
?
p
$375
r
2.2%
t
3 years

Answers

Answer:

SI =PXRXT/100

Step-by-step explanation:

THIS WOULD HELP YOU

Solve for x: -5(-3x+1)=-45

Answers

Answer:

x = -8/3

Step-by-step explanation:

-5(-3x+1)=-45

⇔ 15x - 5 = -45  (left side of the equation expanded)

⇔ 15x = -45 + 5 (add 5 to both sides)

⇔ 15x = -40

⇔ x = -40/15    (Divide both sides by 15)

⇔ x = -8/3  (simplify)

la longitud del jardín
de Carme es 15 m 24 cm. la longitud del jardín de su amigo es 2 m 98 cm más que el de Carmen . ¿cuál es la longitud del jardín de su amigo?

Answers

la longitud del jardín del amigo de Carmen es 18 m 22 cm.

¿Qué es una ecuación?

Una ecuación se forma cuando dos expresiones algebraicas se igualan usando un signo igual.

Se da que la longitud de Carme

Se sabe que la longitud del jardín de Carmen es de 15 m 24 cm.

y el largo del jardín de su amigo es 2 m 98 cm más largo que el de Carmen.

Sea La longitud del jardín de Carmen es x m

Entonces la ecuación se convierte en

La longitud del jardín de su amigo = x + 2m 98 cm

ahora ,

x = 15m 24cm

Sustituyendo los valores en la ecuación

La longitud del jardín de su amigo = 15m 24cm + 2m 98 cm

1m = 100cm

La longitud del jardín de su amigo = 17 m 122 cm

as 100 cm = 1m

122 cm = 1 m 22 cm

so ,

La longitud del jardín de su amigo = 18 m 22 cm.

Por lo tanto, la longitud del jardín del amigo de Carmen es 18 m 22 cm.

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Question 18
Which formula is used to find the y-coordinate of the vertex of the quadratic function?

Answers

Answer:

[tex]\frac{-D}{4a}[/tex]

Step-by-step explanation:

y-coordinate is [tex]\frac{-D}{4a}[/tex] where a is coefficient of quadratic polynomial (ax^2+bx+c) and D is discriminant of the quadratic equation when you equate it to zero.

What is the domain and range of this graph?

Answers

Domain:

t ε [ 0 , ∞ [

Range:

p(t) ε [ 5 , ∞ [

Sam ran 3 1/4 miles on Tuesday and then ran 2 5/6 miles on Wednesday. How many total miles did Sam run ?

Answers

Answer:

6  1/12 miles total

Step-by-step explanation:

3 1/4 = 13/4

2 5/6 = 17/6        to ADD fractions, you must have a common denominator

                              I will use 12   for these

13/4 = 39/12

17/6 = 34 /12

now you can add and simplify     39/12 + 34/12 = 73/12 = 6 1/12  miles

The lsrl after an exponential transformation is log yhat=.4785 + 1.468x. What is the exponential form of the regression?

Answers

Answer:

[tex]10^{0.4785+1.468x}=y[/tex]

Step-by-step explanation:

So I'm assuming when you typed "log yhat=.4785 + 1.468x", you meant to write: [tex]log(y)=0.4785+1.468x[/tex]. And generally a logarithm can be written in the form [tex]log_ba=c[/tex] which can then be rewritten as [tex]b^c=a[/tex], but since the log has no base, it's assumed to be 10. So in this case you have the equation:

[tex]log_{10}y=0.4785+1.468x[/tex], which can then be written in exponential form as:

[tex]10^{0.4785+1.468x}=y[/tex]

Simplify, using the distributive
property.
5f + 16f = (5 +?)f=?f

Answers

Applying the distributive property, we would simplify the expression as: 5f + 16f = (5 + 16)f = 21f.

How to Apply the Distributive Property?

The distributive property states that, ab + ac = (b + c)a.

Using the distributive property, we have:

5f + 16f

= (5 + 16)f

= 21f

Therefore, 5f + 16f is simplified as 21f.

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en un proyecto de innovacion, se deben determinar montos para varios gastos, Se gasta un 25% en equipamiento, un quinto en salarios, un 35% en publicidad, qudando un remanente de $1.500.000 para gastos varios

Answers

The amount that's was attributed to the project from the start based on the percentage is $7,500,000.

How to calculate the percentage?

From the information given, the remaining percentage will be:

= 100% - (25% + 20% + 35%)

= 100% - 80%

= 20%

Let the total amount be x.

Therefore, 20% of x = 1,500,000

0.2x = 1,500,000

x = 1500000/0.2

x = 7500000

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