$710 is invested in an account earning 3.7% interest (APR), compounded monthly. Write a function showing the value of the account after tt years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent.

Answers

Answer 1

The function for the amount after {t} years can be written as -

[tex]$710(1 + 0.45/12nt)^{nt}[/tex]

What is compound interest?

Compound interest is the addition of interest to the principal sum of a loan or deposit. Mathematically -

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

where -

[A] = final amount

[P] = initial principal balance

[r] = interest rate

[n] = number of times interest applied per time period

[t] = number of time periods elapse

Given is that $710 is invested in an account earning 3.7% interest (APR), compounded monthly.

We can write -

A = 710(1 + 0.37/12)¹²⁽¹⁾

A = 710(1 + 0.037/12)¹²

A = 710(1 + 0.031)¹²

A = 710(1.031)¹²

A = 710 x 1.45

A = 1029.5

Let the annual growth rate be R. Then, we can write the function for annual growth rate after {t} years as -

1029.5 = [tex]$ 710(1 + R/1)^{t}[/tex]

1029.5 = [tex]$710(1+R)^{t}[/tex]

1.45 = [tex]$(1 + R)^{t}[/tex]

1.45 = 1 + tR + .....                        {Binomial expansion}

Neglecting the binomial series from the third term as the value of the terms become negligible -

1.45 = 1 + tR

R = 0.45/t

Function for the amount after t years can be written as -

[tex]$710(1 + 0.45/12nt)^{nt}[/tex]= A

Therefore, the function for the amount after {t} years can be written as -

[tex]$710(1 + 0.45/12nt)^{nt}[/tex]

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Related Questions

pls help ! & i’ll give brainliest

Two friends went to a carnival. They rode carnival rides, played arcade games and bought
candy and snacks at several different concessions. Here is what the friends spent:
Jim spent the following on rides: $4, $3, $1, $1, $5, $2, $3, $1
Sara spent the following on rides: $1, $3, $1, $3, $2, $3, $5, $5, $1
Which person has a larger average?

Answers

Answer:

Sarah has a larger average

Step-by-step explanation:

to find the average of each person, you add how much they spent then divide by the total number of values in the set of each person.

If the figure is translated 4 units left what are the coordinates

Answers

Answer: (-4,0)

Step-by-step explanation:

Answer: A

Step-by-step explanation:

- Left and right translations affect the x-coordinate

- subtract 4 from the x-coordinate

A, B & C form the vertices of a triangle.
∠ CAB = 90°, ∠ ABC = 73° and AB = 9.4​

Answers

Answer:

cos37= 9.4/BC,cos37=0.8

BC= 9.4/0.8

bc = 11.75

Answer:

BC ≈ 32.2

Step-by-step explanation:

Using the cosine ratio in the right triangle

cos73° = [tex]\frac{adjacent}{hypotenuse}[/tex] = [tex]\frac{AB}{BC}[/tex] = [tex]\frac{9.4}{BC}[/tex] ( multiply both sides by BC )

BC × cos73° = 9.4 ( divide both sides by cos73° )

BC = [tex]\frac{9.4}{cos73}[/tex] ≈ 32.2 ( to 3 sf )

Simplify the radical

Answers

Answer:

The answer is in the screenshot below

Step-by-step explanation:

I need help with my final!

Answers

Answer:

it is c

Step-by-step explanation:

Ok can someone help me with this?

Answers

Answer:

1. 14

2. 2.83

3. 6.71

4. 8.77

5. 9.22

6. 5.20

7. 2.45

8. 19

9. I would love to help you with this but I don't know what it means by "circled problems"

Step-by-step explanation:

Answer:

Circle questions 2, 3, 4, 5, 6, 7

Simplified square root:

1. 14

2. 2.8

3. 6.7

4. 8.8

5. 9.2

6. 5.2

7. 2.4

8. 19

Step-by-step explanation:

I'm sure you can do the line plot. It's pretty mandatory.

Question #9:

If a number can be written or can be converted to p/q form, where p and q are integers and q is a non-zero number, then it is said to be rational and if not then it is irrational.

If you don't understand how to draw a line graph then check the two photos as a guide. Hope it helped :)

Simplifying algebraic expression

Answers

4-6 = -2

x/7-6

Substitute

28/7-6

PEMDAS

28/7 = 4

4-6 = -2

(If you're looking for the expression, it's 4-6. But if straight answer, -2)

Answer:

[tex] \sf \: \frac{x}{7} - 6 = - 2[/tex]

Step-by-step explanation:

Given information,

[tex] \sf \rightarrow \: \frac{x}{7} - 6[/tex]

[tex] \sf \rightarrow \: x = 28[/tex]

Now the value of expression is,

[tex] \sf \rightarrow \: \frac{x}{7} - 6[/tex]

[tex] \sf \rightarrow \: \frac{28}{7} - 6[/tex]

[tex] \sf \rightarrow \: 4 - 6[/tex]

[tex] \sf \rightarrow \: - 2 = > final \: value[/tex]

Therefore, the answer is -2.

Please help this assignment is for a grade.

Answers

Answer:

the answer is d

Step-by-step explanation:

What is the mole of H2?

Answers

One mole of H2 contains 6.022 x 10^23 H2 molecules. This can be used to calculate the number of H2 molecules in a given volume or mass of hydrogen gas.

What is mole?

A mole is a unit of measurement in chemistry that expresses the amount of a substance. It is defined as the number of entities (such as atoms, ions, or molecules) in a sample of the substance. The number of entities in one mole of a substance is known as Avogadro's number.

What is Avogadro's number?

Avogadro's number is a fundamental constant of physics and chemistry, defined as the number of atoms, ions or molecules in one mole of substance. It is approximately 6.022 x 10^23 and is used in many calculations in chemistry and physics, such as the number of atoms in a sample of an element, the number of ions in a salt, or the number of molecules in a gas sample. The constant is named after Amedeo Avogadro, an Italian scientist who first proposed the concept in 1811.

One mole of a substance is equal to Avogadro's number, which is approximately 6.022 x 10^23.

The mole of H2 (hydrogen gas) is the number of H2 molecules in a sample of hydrogen gas. One mole of H2 contains 6.022 x 10^23 H2 molecules. This can be used to calculate the number of H2 molecules in a given volume or mass of hydrogen gas.

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How do you find the domain of a function with two variables?

Answers

The domain of a function with two variables is the set of all possible inputs (x-values and y-values) that make the function defined. To find the domain, first identify all of the restrictions on the x-values and y-values, then combine them into a single set of restrictions.

The domain of a function with two variables is the set of all possible inputs (x-values and y-values) that make the function defined. To find the domain, first identify all of the restrictions on the x-values and y-values. These restrictions may come from the function itself, such as any values that would make the function undefined, or from outside sources, such as boundaries placed on the function’s input. Once all of the restrictions are identified, they must be combined into a single set of restrictions. This set of restrictions defines the domain. For example, if the function is defined for all x-values between 1 and 5 and all y-values between -3 and 7, then the domain is all x-values between 1 and 5 and all y-values between -3 and 7. The domain of a function with two variables is an important part of understanding how the function behaves, as it defines the range of inputs for which the function is valid.

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please help me!! i would really appreciate it

m = ___ feet

Answers

Answer:

Step-by-step explanation:

Since it's a 45-45-90 degree triangle, the base and the leg will be the same length. So from there, you just use the Pythagorean theorem and do [tex]5^{2} +5^{2} =m^{2} \\[/tex]

[tex]50=m^{2}[/tex]

and m is [tex]5\sqrt 2[/tex]

According to the linear regression model, the men’s world record mile run time in 1940 would have been how many seconds?

Answers

The men’s world record mile run time in 1940 would have been 10.454 seconds

Here, the equation of the linear function that best fits the data (the line of best fit) is Finishing time = 10.878 - 0.0106(Year after 1900)

Let k be the finishing time in seconds and t be the number of years after 1900

So, the equation of regression line becomes,

k = 10.878 - (0.0106) t

To find the the men’s world record mile run time in 1940 first we find the the number of years (t)

t = 1940 - 1900

t = 40 years

So, the finishig time (k) would be,

k = 10.878 - (0.0106) × 40

k = 10.454 seconds

Therefore, the finishing time was 10.454 seconds

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24 less than z is less than 12.

Answers

Answer:

36

Step-by-step explanation:

24+12=36

elsa received a $80 dollar gift card for a coffee store. she used it in buying some coffee that cost $7.52 per pound. after buying the coffee, she had $34.88 left on her card. how many pounds of coffee did she buy?

Answers

Elsa purchased 6 pounds of coffee.

What is product pricing?

The process of figuring out a product's quantitative worth based on both internal and external elements is called product pricing. Product price directly affects your company's entire success, including cash flow, profit margins, and client demand.

Here is an easy example of value-based pricing. When you bring a young child to a petting zoo, she expresses a desire to feed the goats. The goat food dispenser is topped off with a quarter. From a financial standpoint, there is the price of the goat food, which is around two cents.

Calculate the total cost of all the items you bought. To calculate the cost price, divide the total cost by the quantity of units purchased. To determine the ultimate price, use the selling price formula: Cost price plus profit margin equals selling price.

Since she started with $80 and ended with with $34,88, we can find the total amount she spent by subtracting these amounts:

$80 - $34.88 = $45.12

This means that she spent $45.12 on coffee.  If each pound cost $7.52, we can divide $45.12 by $752 to see how many pounds she bought (ignoring tax):

45.12 / 7.52 = 6 pounds of coffee purchased

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A performance score on the normally distributed WAIS Test that is higher than all but 2 percent of all scores earns an intelligence score of:

Answers

Scores earns an intelligence score of 130

What percentage of WAIS scores fall into this range?

According to the 68-95-99.7 rule, 68% of persons have WAIS scores ranging from 100-15 to 100+15. WAIS scores between 85 and 115 are obtained by 99.7% of the population. As a result, 32% of adults have WAIS scores of 85 or above. Factor Analysis is a statistical process used to discover clusters of similar questions (called factors) on a test; it is used to identify multiple levels of performance that underpin one’s overall score.

The WAIS categories are shown below and are based on a mean of 100: Scores of 130 and higher are deemed talented. Scores between 120 and 129 are regarded extremely intelligent. Normal intellect is defined as a score between 110 and 119.

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Complete question is: A performance score on the WAIS that is higher than all but 2 percent of all scores earns an intelligence score of:

115.120.130.145.

Working together, two pumps can drain a certain pool in 3 hours. If it takes the older pump 9 hours to drain the pool by itself, how
long will it take the newer pump to drain the pool on its own?
Do not do any rounding.

Answers

Not too sure but try 18 sorry if it does not help

8. Given : triangle PQR and triangle TSR are right triangles , R is the midpoint of overline PT , overline PQ cong overline TS Prove : Delta PQR cong Delta TSR

Answers

By using the ASA Congruence Theorem, Delta PQR is congruent to Delta TSR.

We can prove this by using the fact that triangle PQR and triangle TSR are both right triangles and that R is the midpoint of overline PT and overline PQ is congruent to overline TS. Since R is the midpoint of overline PT, it follows that overline PR is congruent to overline TR (by the midpoint theorem).

Since PQR is a right triangle, and R is the right angle, it follows that angle PQR is congruent to angle TSR (by the definition of a right angle). Since overline PQ is congruent to overline TS, it follows that angle PQS is congruent to angle TSR (by the definition of congruence). Together, these congruences imply that triangle PQR is congruent to triangle TSR by the ASA congruence theorem.

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What is 5c−3d−12c+d−6 written in simplest form?

Answers

To simplify the expression 5c−3d−12c+d−6, we can combine like terms:

5c − 12c + d − d − 6 = (-12c + d) + (-6)

Therefore, the expression 5c−3d−12c+d−6 can be simplified to -12c + d - 6.

Type the correct answer in the box.
C
square units.
m
AADC is formed by reflecting AABC across line segment AC, as shown in the figure.
If the length of AC is 4 units, the area of AADC is

Answers

The area of ΔADC is equal to 6 unit².

What is the triangular area formula?

The total area that is bounded by a triangle's three sides is referred to as the triangle's area. In essence, it is equal to 1/2 of the height times the base, or A = 1/2 b h.

A abc = A adc because the areas of the initial and reflected triangles are equal.

Using the formula area=1/2 base height, determine the area of triangle ABC.

ABC in a triangle:

base = 4 units + AC

height = 3 units + BE

AΔ= abc = 1/2×4×3 =6 unnit²

Hence,

 ΔADC = 6 unit²

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please please please help

Answers

9514 1404 393

Answer:

  a° = 52°

  b° = 64°

  c° = 128°

Step-by-step explanation:

a) The 52° angle and the angle marked a° both intercept the same arc, so have the same measure.

  a° = 52°

__

b) The base angles of the isosceles triangle are equal. This means they are ...

  b° = (180° -52°)/2 = 128°/2

  b° = 64°

__

c) The arc intercepted by angle b° is twice the measure of angle b°, so is ...

  c° = 2(64°)

  c° = 128°

How many cups are in 7 liters of water? (round to 3 decimal points only, use c for
cups) *

Answers

Answer:

29.587 Happy Learning :)

Guided Practice


Write an equation of a line with the given slope and y-intercept.


m = –1, b = –6


A.
y = x + 6


B.
y = –6x – 1


C.
y = –x – 6

Answers

Answer:

C.

y = –x – 6

Step-by-step explanation:

Use the slope-intercept form  

y

=

m

x

+

b

to find the slope  

m

and y-intercept  

b

.

Slope:  

5

3

y-intercept:  

( 0 , − 2 )

Write in slope-intercept form,  

y = m x + b . y = 5 /3 x − 2

Graph the line using the slope and y-intercept, or two points.

Slope:  

5

3

y-intercept:  

(

0

,

2

)

x

y

0

2

3

3

Use the slope-intercept form  

y

=

m

x

+

b

to find the slope  

m

.

m

=

5

3

Use the slope-intercept form to find the slope and y-intercept.

Slope:  

1

y-intercept:  

( 0 , 6 )

Use the slope-intercept form to find the slope and y-intercept.

Slope:  

6

y-intercept:  

( 0 , − 1 )

Use the slope-intercept form to find the slope and y-intercept.

Slope:  

1

y-intercept:  

( 0 , − 6 )

Forming Equations with a given variable
1. The ages of three cats are and. Their total age is
21. Determine.

Answers

The value of {a} in the given modelled statement equation is 5.

What are equations?

In mathematics, an equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign "=".

Given is that the ages of three cats are (a) , (a + 4) and (2a - 3). Their total age is 21.

We can model the given equation is -

(a) + (a + 4) + (2a - 3) = 21

a + a + 4 + 2a - 3 = 21

4a + 1 = 21

4a = 20

a = 5

Therefore, the value of {a} in the given modelled statement equation is 5.

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{

Complete question is given below -

The ages of three cats are a, a+4 and 2a-3. Their total age is 21. Determine a.

}

Solve for the variable using cross products.
3/5 = x/6
Solve for x as a decimal

Answers

Answer:

x = 3.6

Step-by-step explanation:

3/5 = x/6

multiply both sides by 6

18/5 = x

as a decimal

x = 3.6

Answer:

x = 3.6

Step-by-step explanation:

3/5 = x/6

multiply both sides by 6

18/5 = x

as a decimal

x = 3.6

help help help help help help help

Answers

The required point-slope form of the equation of the line is y - 20= -5(x + 1).

Given that, To determine an equation in point-slope form for the line that passes through the point with the given slope. point: (-2,-20) and m=-5.

What is the slope of the line?The slope of a line is the measure of the steepness and the direction of the line. Finding the slope of lines in a coordinate plane can help in predicting whether the lines are parallel, perpendicular, or none without actually using a compass.The slope of any line can be calculated using any two distinct points lying on the line. The slope of a line formula calculates the ratio of the "vertical change" to the "horizontal change" between two distinct points on a line. In this article, we will understand the method to find the slope and its applications.

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One angle in a triangle measures 98°. Another angle measures 37°.
What is the measure of the third angle?

Answers

Answer:

98 + 37 = 135

180 - 135 = 45

Step-by-step explanation:

u might be asking yourself why added both of the measures .The reason why i added both of the measurements and subtracted it from 180 is that a triangle measures up to 180 if u ever hear someone talkin about an angle that measures more than 180 then that won't be a trianlge ...If u add both of the answers the will surely give u 180 if u don't believe it 98 + 37 +45 = 180

What is an intractable problem?

Answers

Answer: A problem is said to be intractable if there is no efficient algorithm to solve it.

Intractable problems are common. We need to discuss how we approach it when we actually encounter it.

Step-by-step explanation:

How many colours do you need to colour a graph such that no adjacent vertices are of the same colour showed in the image below?

Conclusion : Provided the graph with a large number of vertices, we see that we are again faced with resorting to a systematic tracing of all paths, comparison of the neighbour's colours, backtracking, etc resulting in exponential time complexity once again.

What is the surface area of the following prism

Answers

Answer:

588 ft^2

Step-by-step explanation:

Lets start by making either a mental or physical list of the different sized sides on the prism. Check that the number of sides you assign to the dimensions has an overall total of six. I've made that mistake before lol it was a bit depressing.

16x6, two sides16x9, two sides6x9, two sides

thats 96 ft^2, and two sides makes it 192 ft^2thats 144 ft^2, and two sides makes it 288 ft^2thats 54 ft^2, and two sides makes it 108 ft^2

We can now add all of our values up:

192 + 288 + 108 = 588 ft^2

Betsy and her sister have $15 to

spend on lunch. They buy several

mini-hamburgers, which cost $1. 80

cach. If they received change after

buying their food, which inequality

could be used to find h, the number

of mini-hamburgers Betsy and her

sister bought?

A 1. 89 s 15

B 1. 8 > 15

C 1. 82 > 15

D 1. 85 < 15

Answers

Therefore, the inequality 1.85 < 15 can be used to find h.

What is inequality?

In mathematics, "inequality" refers to a relationship between two expressions or values that is not equal to each other. Therefore, inequality emerges from a lack of balance. For instance, let's say you have 225 and want to purchase a new bicycle that costs $250.

Define expressions or values.

When the expression's variables and constants are given values, the calculation it describes yields the expression's value. In an algebraic expression, numbers can be represented by letters.

The inequality 1.85 < 15 can be used to find h, the number of mini-hamburgers Betsy and her sister bought. This inequality represents the constraint that the total cost of the mini-hamburgers (1.85h) must be less than the amount of money they have to spend (15). To solve for h, you would divide both sides of the inequality by 1.85, giving you h < 8.1, so h can be any number less than 8.1.

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Ramona used the regression equation y =. 444x – 21. 29, where x represents height and y represents shoe size, to predict the approximate height of a man who wears a size 8. 5 shoe. 1. Y =. 444 (8. 5) minus 21. 29. 2. Y = 3. 774 minus 21. 29. 3. Y = negative 17. 52. Ramona determined that her answer was incorrect because a man who is –17. 52 inches tall does not make any sense. What was Ramona’s mistake? She substituted the 8. 5 for the wrong variable. She should have added. 444 and 8. 5. The value for y should be positive. The solution of –17. 52 should be the shoe size

Answers

Ramona’s mistake was she just substituted the 8.5 for the wrong variable.

From given conditions:

Ramona used the regression equation y = 444x - 21.29,  

where x represents height and y represents shoe size,

According to Romana her answer is incorrect as a man who is -17.52 inches tall does not predict the approximate height of a man.

The 8.5 refer to shoes size, not height.

So substituting 8.5 for the x-variable is wrong, because x refers to height and y represents shoe size.

Therefore, Ramon just substituted the 8.5 for the wrong variable. She must replace 8.5 for y-variable, because that's the right one for shoe size.

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