Brittany will be working full time this summer to save for her goal of having 10,000 by the time she is 21. Brittany has an account of 3.5% interest, compounded monthly. She'll turn 17 at the end of the summer. About how much will Brittany have to deposit so that. Her money can grow into 10,00 by the time she's 21?

Answers

Answer 1

Answer:

$ 8,695.35

Step-by-step explanation:

This is a compound interest question

Amount after t years = A = P(1 + r/n)^nt

Where P = Initial Amount saved

r = interest rate

t = time in years

n = compounding frequency

A = 10,000

r = 3.5 %

t = 21 - 17 = 4 years

n = Compounded monthly = 12

Step 1

Converting R percent to r a decimal

r = R/100 = 3.5%/100 = 0.035 per year.

P = A / (1 + r/n)^nt

Solving our equation:

P = 10000 / ( 1 + (0.035/12)^12 ×4 =

P = $8,695.35

The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.


Related Questions

The calorie count of a serving of food can be computed based on its composition of​ carbohydrate, fat, and protein. The calorie count C for a serving of food can be computed using the formula Chf​p, where h is the number of grams of carbohydrate contained in the​ serving, f is the number of grams of fat contained in the​ serving, and p is the number of grams of protein contained in the serving. Solve this formula for​ f, the number of grams of fat contained in a serving of food.

Answers

Answer:

f = [tex]\frac{1}{9}[/tex] [C - 4(h - p)] grams

Step-by-step explanation:

Given that:

   C = 4h + 9f + 4p

where: C is the calorie count contained in the serving, h is the number of grams of carbohydrate contained in the​ serving, f is the number of grams of fat contained in the​ serving, and p is the number of grams of protein contained in the serving.

To solve for the number of grams of fat, then;

C - 4h - 4p = 9f

C - 4(h - p) = 9f

Divide through by 9, so that:

[tex]\frac{C - 4(h - p)}{9}[/tex] = [tex]\frac{9f}{9}[/tex]

[tex]\frac{C - 4(h - p)}{9}[/tex] = f

∴     f = [tex]\frac{1}{9}[/tex] [C - 4(h - p)]

The number of grams of fat, f, contained in a serving of food is [tex]\frac{1}{9}[/tex] [C - 4(h - p)]

What is the slope of this equation? y= -1/2x −3 option -3 0 -1/2

Answers

Answer:

The slope is -1/2

The slope is after the "y=" but before the "x" variable.

Paula caught a tarpon with a weight that was 11 times as great as the weight of a permit fish she caught. The total weight of the two fish was 168 pounds.
How much did each fish weigh?

The permit fish weighed ___
pounds.

The tarpon weighed ___
pounds.

Answers

Okay so let’s say the permit fish is the variable p.
The tarpon is 11p.

So, to set up the equation,
(11p)+p=168
Start by combining like terms on the left
12p=168
Divide both sides by 12 to isolate p
p=14
So therefore, the permit fish was 14 pounds.

To find the weight of the tarpon, insert the 14 back into (11p) 11(14)=154.

You can check by adding these together 14+154=168


So:
The permit fish weighed 14 pounds.

The tarpon weighed 154 pounds.

Hope this helps!


4 Which value of x makes the equation 0.25(x+40) = 3+0.75(x - 4) true?

Answers

Answer:

20

Step-by-step explanation:

0.25(x+40) = 3+0.75(x - 4)

is 1.6x – 2.4y = 4 linear or nonlinear ​

Answers

Nonlinear...........................or it could be a linear

Answer:

Nonlinear have a good day

Step-by-step explanation:

A bakery sold 145 chocolate cupcakes in a day, which was 29% of the total number of cupcakes sold that day. How many total cupcakes did the bakery sell that day?

Answers

Answer:

500 cupcakes

Step-by-step explanation:

Given that the 145 cupcakes is 29% of the total number of cupcakes sold that day,

29% --- 145 cupcakes

The total number of cupcakes sold would be 100%.

1% --- 145 ÷29= 5 cupcakes

100% --- 100(5)= 500 cupcakes

Thus, the bakery sold 500 cupcakes that day.

Answer:

Step-by-step explanation:

500 cupcakes

Step-by-step explanation:

Given that the 145 cupcakes is 29% of the total number of cupcakes sold that day,

29% --- 145 cupcakes

The total number of cupcakes sold would be 100%.

1% --- 145 ÷29= 5 cupcakes

100% --- 100(5)= 500 cupcakes

Thus, the bakery sold 500 cupcakes that day.

Please explain how to do this

Answers

Answer:no

Step-by-step explanation:

U add shush and shush

2.39 x 4.37 =


Please solve for me

Answers

Answer:

10.4443

I hope this helps :D have a good day!

If you do this whole page you get brainlessly and 5 rating and a thanks

Answers

Answer: A then 0.700 .7 .70

Step-by-step explanation:

I think the answer to Part A. is 0.74
Part B. is 0.7 and 0.70
I hope this helps:)

A model rocket is launched upward at a speed of 128 feet per second from a platform 15 +feet above the ground. Choose a statement about the rocket's flight The rocket will reach its maximum height after 7 seconds. The rocket will reach its maximum height after 5 seconds. The maximum height that the rocket will reach is 191 feet. The maximum height that the rocket will reach is 271 feet.

Answers

Answer:

The maximum height that the rocket will reach is 271 feet.

Step-by-step explanation:

We first calculate the time, t it takes the rocket to reach maximum height from v = u - gt. Since u = initial velocity = 128 ft/s, v = velocity at maximum height = 0  ft/s and g = acceleration due to gravity = 32 ft/s².

So, v = u - gt.

t = (u - v)/g

= (128 ft/s - 0 ft/s)/32 ft/s²

= 128 ft/s ÷ 32 ft/s²

= 4 s.

We calculate the maximum height from

y - y₀ = ut - 1/2gt² where y₀ = 15 ft and all other variables are as above.

Substituting these values into the equation, we have

y - y₀ = (u - 1/2gt)t

y - 15 ft = (128 ft/s - 1/2 × 32 ft/s² × 4 s) × 4 s

y - 15 ft = (128 ft/s - 64 ft/s)4 s

y - 15 ft = 64 ft/s × 4 s

y - 15 ft = 256 ft

y = 256 ft + 15 ft

y = 271 ft

So, the maximum height that the rocket will reach is 271 feet.

Can anyone solve this for me :))?

Answers

Answer:

x = 32°

y = 17°

Step-by-step explanation:

Let's look at the bottom triangle since it has two angles.

62° + 75° = 137°

180° - 137° = 43°

The missing angle measure is 43°. Since the two angles make up a straight line,

(4x + 9)° + 43° = 180

4x + 52° = 180°

4x = 128°

x = 32°

The angle measuring 62° is a vertical angle so the angle opposite it is also 62°. The missing angle for that triangle would 40° because 180° - 140° = 40°.

62° + 40° = 102°

180° - 102° = 78°

(5y - 7)° = 78°

5y = 85°

y = 17°

Hope that helps.

105:6 List three equivalent ratios that compare the number of w's below to the number of g's.
wwwwwwww gggggggggggggggggggggggg​

Answers

Answer:

Hope this helps any! I hope this is right!

Step-by-step explanation:

8:24

4:12

16:48

find cube root of 175616 ??​



i will mark u as brainlist if u would give a correct answer with Explanation

Answers

Answer:

56

Step-by-step explanation:

Cube root of 175616 by prime factorization method is 56

Solution:

To find cube root of 175616 by prime factorization method

A number that must be multiplied by itself three times to equal a given number is called cube root

Prime factorization method:

Prime factorization is a number written as the product of all its prime factors.

In order of finding cube root by prime factorization we use the following steps:

Step I : Obtain the given number

Step II : Resolve it into prime factors.

Step III : Group the factors in 3 in such a way that each number of the group is same

Step IV : Take one factor from each group

Step V : Find the product of the factors obtained in step IV. This product is the required cube root

Prime factorization of 175616:

\text{ prime factors of 175616 } = 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 7 \times 7 \times 7 prime factors of 175616 =2×2×2×2×2×2×2×2×2×7×7×7

Thus we get,

\sqrt[3]{175616} = \sqrt[3]{2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 2 \times 7 \times 7 \times 7}

3

175616

=

3

2×2×2×2×2×2×2×2×2×7×7×7

Make the groups of 3 of equal numbers

\sqrt[3]{175616} = \sqrt[3]{2 \times 2 \times 2} \times \sqrt[3]{2 \times 2 \times 2 \times } \times \sqrt[3]{2 \times 2 \times 2} \times \sqrt[3]{7 \times 7 \times 7}

3

175616

=

3

2×2×2

×

3

2×2×2×

×

3

2×2×2

×

3

7×7×7

So there are 4 equal groups. So from that group take one factor out

\sqrt[3]{175616} = 2 \times 2 \times 2 \times 7 = 56

3

175616

=2×2×2×7=56

Thus Cube root of 175616 by prime factorization method is 56

please mark me as a brainlist

Bernardo is saving up money to pay off a debt. His father loaned him $90 and is charging him $1 interest each day. Bernardo earns $20 a day mowing lawns. He only wants to use half of his daily earnings to pay off his debt. How many days will it take io so eliminate what the son owes his father.

Answers

Answer:

It will take 10 days

Step-by-step explanation:

Here, we want to know the number of days it will take for Bernardo to clear the debt he owes his father.

We proceed as follows;

Let the number of days be x

So after x days, there will be an interest of x * 1 = $90

So the amount of money he owes his father after x days will be $(90 + x)

After x days, the amount he would have earned from mowing lawns will be x * 20 = $20x

He intend using half of this to clear the loan

Half of this is 20x/2 = $10x

We know that this amount is enough to clear the loan, so we equate this value to the amount he wants to use to clear the loan

So;

90 + x = 10x

90 = 10x - x

9x = 90

x = 90/9

x = 10

Evaluate the expression when a=3, b=2, and c=12
6+a
5b
C-1
Ct5
Can I have the answer to these? Please!!

Answers

Answer:

Step-by-step explanation:

6 + a

Putting value of a

6 + 3 = 9

5b

Putting value of b

5(2) = 10

C - 1

Putting value of c

12 - 1 = 11

What does the word range mean in algebra

Answers

Answer:

The difference between the lowest and highest values. In {4, 6, 9, 3, 7} the lowest value is 3, and the highest is 9, so the range is 9 − 3 = 6. Range can also mean all the output values of a function.

Step-by-step explanation:

Hope this helps!

The range is the set of all possible output values

Hayley eats oatmeal for
breakfast every day. She
checked her pantry this
morning, and realized that she
had only 1/5 of a cup of instant
oatmeal and 4/5 of a cup of
old-fashioned oatmeal. How
much oatmeal did Hayley have
in her pantry?

Answers

Answer:

1 cup

Step-by-step explanation:

1/5 + 4/5 = 5/5 = 1 cup

What is the multiplicative inverse of 3/7 ? A) −7/3 B) −3/7 C) 1/7 D) 7/3

Answers

Answer:

B

Step-by-step explanation:

Answer:

its 7/3 . multiplicative inverse is just its opposite


2x - y = 8
x + y = 4
How to find the solution using substitution

Answers

Answer:

x =4  &  y=0

Step-by-step explanation:

Solve for the first variable in one of the equations, then substitute the result into the other equation

Answer:

X=4, Y=4

Step-by-step explanation:

First Solve for y

y= 4-x

Sub that in for y on the other equation.

2x-4-x=8

x=4

You have 19 digs for your current volleyball season. There are 5 games left in the season. You want to break your previous record of 26 digs in a season. Write and solve an inequality that represents the number x of digs you must get in the remaining 5 games to break your record.

An inequality that represents the situation is
[blank]>26. The solution of the inequality is
[blank].

Answers

19 + X > 26

X > 7

To break your record you need more than 7 digs

PLEASE HELP! WILL MARK BRAINLIEST!!!

Answers

Answer: 1, 3, 4, and 5

Step-by-step explanation:

(PLs SOME ONE HELP MEEEEEEEEEEE)
Solve the notable products (1/7x-1/7)

Answers

Answer:

-1

Step-by-step explanation:

Because

What are the x-intercept and y-intercept of the
graph of 5x + 8y = 207 Identify the intercepts &
choose the graph.

Answers

Answer:

X-Intercept (s)  (207/5, 0)

Y-Intercept (s) (0, 207/8

Step-by-step explanation:

To find the x-intercept, substitute in 0 for y and solve for x . To find the y-intercept, substitute in 0 for x and solve for y .

15 Points Pls Help

The police have determined that a car going 60 mules per hour will skid 155 feet on a dry road and a car going 73 mph will skid 195 feet. Using this information, how far would we expect a car going 50 miles per hour to skid on the dry road?

A. 124 ft
B. 135 ft
C. 142 ft
D. 145 ft​

Answers

It’s A!!!!!!!!!!!!!!

Use complete sentences to describe the inverse of a function. ( I'm doing inverse functions with sin and inverse sin or arcsin idk)

Answers

Answer:

The relation found by interchanging the range and the domain of a given function.

Step-by-step explanation:

-3 5/6 + 1 5/6

HELP PLEASE ASAP

Answers

The correct answer would be -2

How many solutions does this equation have?
-4u = -4u - 2
HELP MEEEE

Answers

Zero. There is no solution to this equation

need help pleasee asap

Answers

Answer:

12. 24

13. -5

14. -5

15. -40

16. 5

4) The line shown represents the amount of money
left on a gift card, y, after Mina buys lattes. After
buying 2 lattes, she has $2 left. What is an
equation of the line in point-slope form?

Answers

Answer:

[tex] y - 2 = -3(x - 2) [/tex]

Step-by-step explanation:

The equation of the line in point-slope form is given by the formula, [tex] y - b = m(x - a) [/tex], where,

(a, b) = coordinates of a point on the line.

[tex] m = slope = \frac{y_2 - y_1}{x_2 - x_1} [/tex]

Given that after buying 2 lattes, she has $2 left, this represents a point on the line which is (a, b) = (2, 2). That is, when x = 2 lattes, y = $2.

Let's find the slope using the point (2, 2) and any other point on the line, say at x = 1, when y = 5, that's (1, 5).

[tex] m = slope = \frac{y_2 - y_1}{x_2 - x_1} = \frac{5 - 2}{1 - 2} [/tex]

[tex] = \frac{3}{-1} [/tex]

[tex] m = slope = -3 [/tex]

Plug m = -3, a = 2, and b = 2 into point-slope form.

[tex] y - b = m(x - a) [/tex]

[tex] y - 2 = -3(x - 2) [/tex]

please help with algebra
1) Mrs.Galicia sells online math and reading games. His revenue for each game (in dollars) is modeled by the given equations, where x is the number of days since the games went on sale.
Math Game: M(d)=x^2-9x-10
Reading Game: R(d)=2x+10
Solve the system algebraically. After how many days is the revenue for each game the same? Show your work and explain your answer.

Answers

Step-by-step explanation:

Given the following expression;

Math Game: M(d)=x^2-9x-10

Reading Game: R(d)=2x+10

x is the number of days since the games went on sale

In order to determine after how many days the revenue for each game wil be the same, we will equate M(d) to R(d)

M(d) = R(d)

x^2-9x-10  = 2x+10

x^2-9x-10 -2x-10 = 0

x^2-11x-20 = 0

factorize

x = 11±√121-4(-20)/2

x = 11±√121+80/2

x = 11±√201/2

x = 11±37.16/2

x = 11+37.16/2

x = 48.16/2

x = 24.06

Hence the revenue for each game will be the same after 24 days

It takes about 13 days for the revenue for each game the same.

Revenue is the amount of money made from selling a particular amount of products.

Given that the revenue is given by:

Math Game: M(d)=x²-9x-10

Reading Game: R(d)=2x+10

For both games to have the same revenue, hence:

M(d) = R(d)

x² - 9x - 10 = 2x + 10

x² - 11x - 20 = 0

x = -1.6 or x = 12.6

Since the number of days cannot be negative, hence it takes about 13 days for the revenue for each game the same.

Find out more at: https://brainly.com/question/19682087

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