A new bank customer with $5,000 wants to open a money market account. The bank is offering a
simple interest rate of 1.5%.
a. How much interest will the customer earn in 30 years?
b. What will the account balance be after 30 years?​

Answers

Answer 1

Answer:

Amount of interest in 30 year = $2,250

Account balance after 30 year = $7,250

Step-by-step explanation:

Given:

Amount deposit P = $5,000

Simple interest rate = 1.5% = 0.015

Find:

Amount of interest in 30 year

Account balance after 30 year

Computation:

Interest = PRT

Amount of interest in 30 year = (5,000)(0.015)(30)

Amount of interest in 30 year = $2,250

Account balance after 30 year = P + I

Account balance after 30 year = $5,000 + $2,250

Account balance after 30 year = $7,250


Related Questions

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58:47
The height of a cylinder is twice the radius of its base.
What expression represents the volume of the cylinder,
in cubic units?
2x
O4x?
О2лх
O x2 + 2x
O 2 + x

Answers

Answer:

I believe it should be C...............

What is the volume of the rectangular pyramid ?
14 ft
9.5 ft
15 ft

Answers

9.5 ft

Step-by-step explanation:

trust in me pls I am serious this is the right answer

In 1980 more than 35% of cars purchased had a manual transmission (i.e. stick shift). By 2007 the proportion had decreased to 7.7%. A random sample of college students who owned cars revealed the following: out of 133 cars, 31 had stick shifts. Estimate the proportion of college students who drive sticks with 90% confidence. Use a graphing calculator and round the answers to at least three decimal places. <

Answers

Answer:

The 90% confidence interval for the proportion of college students who drive sticks is (0.173, 0.293).

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

A random sample of college students who owned cars revealed the following: out of 133 cars, 31 had stick shifts.

This means that [tex]n = 133, \pi = \frac{31}{133} = 0.233[/tex]

90% confidence level

So [tex]\alpha = 0.1[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.1}{2} = 0.95[/tex], so [tex]Z = 1.645[/tex].

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.233 - 1.645\sqrt{\frac{0.233*0.767}{133}} = 0.173[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.233 + 1.645\sqrt{\frac{0.233*0.767}{133}} = 0.293[/tex]

The 90% confidence interval for the proportion of college students who drive sticks is (0.173, 0.293).

Workout the probability that spinner A lands on 2 and spinner b does not land on b

Answers

Spinner diagram isn't attached. A related spinner diagram has been attached below to provide an hypothetical solution to the problem

Answer:

4 / 15

Step-by-step explanation:

For the numbered spinner :

P(landing on 2) = required outcome / Total possible outcomes

Total possible outcomes = (1, 2, 3) = 3

Required outcome = (1) = 1

P(landing on 2) = 1 /3

Lettered spinner :

P(does not land on b)

Total possible outcomes = (A, B, C, D, E)

Required outcome = (a, c, d, e)

P(does not land on b) = 4 / 5

Hence,

P(lands on 2, does not land on b) in this scenario is :

1/3 * 4/5 = 4 / 15

please help me
is important ​

Answers

Answer:

1, 2, 3, 1

Step-by-step explanation:

In a line plot, the results are lined up, in order. The number of dots above a number correlates to how many times that result, number was the result.

Just count how many times that number appears. Also see if you can simply ant fractions.

If the domain of f(n) = -4n - 3 is (-1, 1/4, 4), what is the range?
{-1, 2, -19)
{-7.-4.-13)
{1, -4, -19)

Answers

The answer is {-1,2,-19}

HELPPPPPPPP NOWWWWWWW
Zack has 13 chains at 5 links each. He wants to combine them into a long chain by cutting and welding the fewest number of links. How many different links must be cut a welded.

Answers

Answer:

3

Step-by-step explanation:

There a 5 chains (each with 3 links). We take one chain and cut all three links. Now we are left with only four chains. This requires only 3 joints. Exactly the number of links I have. Therefore, the lowest number of cuts is three.

The number of different links must be cut a welded should be considered as the 3.

Calculation of the number of different links:

Since

Zack has 13 chains at 5 links each. He wants to combine them

So here we considered only one chain and then cut off all 3 links

So the remaining should be four chains and it needs only 3 joints.

hence, The number of different links must be cut a welded should be considered as the 3.

Learn more about number here: https://brainly.com/question/24585170

Identify the sets that contain 2 as an element. (Check all that apply.)Check All That Apply{2, 3, 4, 5, ...}{2, 3, 4, 5, ...}{0, 1, 4, 9, ...}{0, 1, 4, 9, ...}{ 2, {2} }{ 2, {2} }{ {2}, { {2} } }{ {2}, { {2} } }{ {2}, { 2, {2} } }{ {2}, { 2, {2} } }{ { {2} } }{ { {2} } }

Answers

Question:

Identify the sets that contain 2 as an element. (Check all that apply.)

[tex]A.\ \{2, 3, 4, 5, ...\}[/tex]

[tex]B.\ \{0, 1, 4, 9, ...\}[/tex]

[tex]C.\ \{2, \{2\} \}[/tex]

[tex]D.\ \{\{2\}, \{\{2\}\}\}[/tex]

[tex]E.\ \{\{2\}, \{2, \{2\}\}\}[/tex]

[tex]F.\ \{\{\{2\}\}\}[/tex]

Answer:

[tex]A.\ \{2, 3, 4, 5, ...\}[/tex]

[tex]C.\ \{2, \{2\} \}[/tex]

Step-by-step explanation:

Required

For which of the options is 2 an element

[tex]A.\ \{2, 3, 4, 5, ...\}[/tex]

The elements of this set starts from 2, then 3 and continues as thus.

Hence: 2 is an element

[tex]B.\ \{0, 1, 4, 9, ...\}[/tex]

From the given elements in the above set, 2 is not listed.

Hence: 2 is not an element of this set

[tex]C.\ \{2, \{2\} \}[/tex]

Here, 2 is listed as an element, 2 is also listed as a subset.

Since 2 is listed as an element, then 2 is an element of the set.

[tex]D.\ \{\{2\}, \{\{2\}\}\}[/tex]

Here, 2 is listed as a subset of {2} and also as a subset of subset of {{2}}.

Since 2 is not listed as an element itself, then 2 is not an element of the set.

[tex]E.\ \{\{2\}, \{2, \{2\}\}\}[/tex]

Here, 2 is listed as a subset of {2} and also as a subset of subset of {2,{2}}. This set only contains subsets, i.e. 2 is not listed as a direct element of the set.

Hence: 2 is not an element of the set

[tex]F.\ \{\{\{2\}\}\}[/tex]

Here, 2 is listed as a subset of subset of {{2}}. This set only contains subsets, i.e. 2 is not listed as a direct element of the set.

Hence: 2 is not an element of the set

Answer:

how

Step-by-step explanation:

What is the value of w?

Answers

Answer:

180 - 35 - 74 = 71 degrees is the angle value that is right next to 35 degree angle.

35 + 71 = 106

180 - 106 = 74.

So w = 74 degrees.

Happy Paws charges $19.00 plus $4.50 per hour to keep a dog during the day. Woof Watchers charges $10.00 plus $5.75 per hour. Complete the equation and solve it to find for how many hours the total cost of the services is equal. Use the variable h to represent the number of hours.

Answers

Answer:

Hours are equal: 7.2

Cost of service are equal: 51.4

Step-by-step explanation:

Happy Paws:

y = 4.5h + 19

Woof Watchers:

y = 5.75h + 10

To solve for the hours are equal:

y = 4.5h + 19

y = 5.75h + 10 (Multiply by -1)

y = 4.5h + 19

-y = -5.75h - 10

0 = -1.25h + 9

-9 = -1.25h

h = 7.2

To solve for when the services are equal:

y = 4.5h + 19

y = 4.5(7.2) + 19

y = 32.4 + 19

y = 51.4

Ms. Nailor's daughter received $25

babysitting one week. How much does she

need to earn the second week to average

$30?

Group of answer choices

$27.50

$30

$35

$25

Answers

Answer:

B

Step-by-step explanation:

Help will award branliest

Answers

The first would be yes. The second no, the third no, and the last yes

The base of a triangle is 3 and the height is 2 what is the area ?

Answers

It’s 3

Explanation; I did this question before

I need help over here

Answers

Answer:

The area consists of 3 semi-circles and a square

A) A = 3*1/2πr² + a²

A = 3/2*3.14*(10/2)² + 10² = 217.75 m²

B)

A = 3/2*22/7*5² + 10² = 217.85 m²

C)

217.75*8 = $1742

A reading society allows its members to request books, then pick up their books at the library or have them
delivered to their home. Here is the historical data for number of books per year for members who choose each
option.

Answers

Answer:

The shape cannot be determined since we don't know the shape of either population distribution.

Step-by-step explanation:

Answer on Khan

(5^{-8})(5^{-10})=(5
−8
)(5
−10
)=

Answers

Answer:

1

3814697265625

Decimal Form:

2.62144 ⋅ 10 / 13

Step-by-step explanation:

a certain colony of bacteria begin with one cell and the population doubles every 20 minutes. What was the population of The Colony after 2 hours?

a. 6
b. 12
c. 32
d. 64​

Answers

The population of The Colony after 2 hours is d. 64​

How to determine the population?

The given parameters are:

Initial, a = 1

Rate, b = 2 every 20 minutes

An exponential function is represented as:

y = ab^x

So, we have:

y = 1 * 2^x

y = 2^x

There are six 20 minutes in 2 hours.

This means that:

x = 6

So, we have:

y = 2^6

Evaluate

y = 64

Hence, the population of The Colony after 2 hours is d. 64​

Read more about exponential functions at

https://brainly.com/question/2456547

#SPJ1

Can somebody please help me with this whoever answers first gets a thanks and can you be quick please ❤️

Answers

A (-12, 14)

B (8, 8)

C (-12, -4)

D (0, -14)

E (14, 0)

F (0, 0)

Answer:

A (-12,14)

B ( 8,8)

C (-12,-4)

D (0,-14)

E (14,0)

F (0,0)

Step-by-step explanation:

(X,Y)

X coordinates go before Y coordinates in a given coordinate pair hope this helps!

Tinley is training to run a half-marathon. She sets a pace so that every mile takes
7 minutes.

Write an equation for the amount of time,
t, it takes Tinley to run
m miles.

Answers

Answer:

t=7m

Step-by-step explanation:

In this equation, "t" represents time, and "m" represents miles. Each mile is 7 minutes. To find how much time this run will take her, multiple the amount of miles she will run by 7.

For example:

If Tinley runs 13 miles you should do-

7(13)= 91

13 miles would take Tinley 91 minutes

yuri completed a race in 0.88 fewer seconds than Josie. Josie's time was 23.95 seconds. How l9ng did it takes Yuri to complete the race?​

Answers

Answer: 23.07
Reason:
23.95-0.88= 23.07

how many squre deet of outdoor carpet will we need 11ft 3ft 2ft 3 ft​

Answers

Answer:

39 sq feet

Step-by-step explanation:

solve the system using substitution x=-4y y=2x+9

Answers

Answer: x=-4

Step-by-step explanation:

Given

x=-4y

y=2x+9

Rephrase equation to find y value in terms of x

y=-x/4

y=2x+9

Use substitution (substitute value of y)

2x+9=-x/4

Multiply -4 on both sides

-4(2x+9)=-4(-x/4)

-8x-36=x

Add 8x on both sides

-8x-36+8x=x+8x

-36=9x

Divide 9 on both sides

-36/9=9x/9

x=-4

Hope this helps!! :)

Please let me know if you have any questions

Question 1: The National Assessment of Educational Progress (NAEP) is administered annually to 4th, 8th, and 12th graders in the United States. On the math assessment, a score above 275 is considered an indication that a student has the skills to balance a checkbook. In a random sample of 500 young men between the ages of 18 and 20, the mean NAEP math score is 272. Do we have evidence to support the claim that young men nationwide have a mean score below 275

Answers

This question is incomplete, the complete question is;

Question 1: The National Assessment of Educational Progress (NAEP) is administered annually to 4th, 8th, and 12th graders in the United States. On the math assessment, a score above 275 is considered an indication that a student has the skills to balance a checkbook. In a random sample of 500 young men between the ages of 18 and 20, the mean NAEP math score is 272 with standard deviation of 78.

Do we have evidence to support the claim that young men nationwide have a mean score below 275. The level of significance is 5%

Answer:

p-value ( 0.2 ) > significance level (0.05 )

Fail to reject H₀ at ∝ = 0.05

Therefore, We do not have enough evidence to conclude that the mean score is less than 275 for young men nationwide.

Step-by-step explanation:  

 Given the data in the question;

Null hypothesis             H₀ : μ = 275  

Alternative hypothesis Hₐ : μ < 275

mean x' = 272

standard deviation σ = 78

sample size n = 500

Test Statistics

z = (x'-μ) / (σ /√n )

we substitute

z = (272-275) / (78 /√500 )

z =  -3 / 3.488266

z = - 0.86

from table;

p-value = 0.19489 ≈ 0.2

Hence; p-value ( 0.2 ) > significance level (0.05 )

Fail to reject H₀ at ∝ = 0.05

Therefore, We do not have enough evidence to conclude that the mean score is less than 275 for young men nationwide.

What is the slope-intercept equation of the line below?
y-intercept = (0, 2)
slope =
11

Answers

Answer:

If the slope is 11, and the y-intercept is (0, 2), the answer is:  y = 11x + 2.

The picture says the slope is -1/4. The answer to the question in the picture is: y = -1/4x + 2.

Step-by-step explanation:

Slope form is

y = mx + b.

m is the slope.

b is the y value of y intercept.

hamster runs in its wheel whose r=3. The wheel completes 9.2 rev/sec.what is the linear velocity

Answers

The linear velocity of the hamster is 173.328 m/s.

What is linear velocity?

Linear velocity is the rate of change of displacement along a straight line.

To calculate the linear velocity of the hamster, we use the formula below.

Formula:

v = ωr............ Equation 1

Where:

v = linear velocityr = radius of the wheelω = Angular velocity

From the question,

Given:

r = 3 mω = 9.2 rev/sec = (9.2×2π) rad/s = 57.776 rad/s

Substitute these values into equation 1

v = 3(57.776)v = 173.328 m/s

Hence, The linear velocity of the hamster is 173.328 m/s.

Learn more about linear velocity here: https://brainly.com/question/25330477

Answer: 21.7 inches per second

Step-by-step explanation:

Brian invests £4900 into his bank account.
He receives 1.5% per year compound
interest.
How much will Brian have after 4 years?
Give your answer to the nearest penny
where appropriate.

Answers

Answer:

5200 pound and 68.139/ 69 penny

If the answer proved helpful to you, Please give it a BRAINLIEST.

Thank you EVERYONE, for EVERYTHING!!

Answer:

it is above

Step-by-step explanation:

ok?

EMERGENCY PLSS SOMEONE HELP ME RN

Answers

I believe it would be 25% because you have a 1/4th chance of rolling tails twice
25%

You have 1/2 chance of getting tails once, but you need to get tails twice, so you would do 1/2*1/2 and get 1/4 or 25%.

Look at the pattern shown below.

2, 4, 16, 256 ...

What is f(n+ 1) in terms of f(n), where n represents the position of a term in this pattern?

A. (F(n))^2

B. 2(f(n))

C. (F(n)-1)^2

D. 2(f(n)-1)

Answers

Answer: (a)

Step-by-step explanation:

Given

The pattern is 2, 4, 16, 256...

From the pattern, we can see that the next term is square of the previous i.e.

[tex]\Rightarrow 4=2^2\\\Rightarrow 16=4^2\\\Rightarrow 256=16^2[/tex][tex]\Rightarrow 4=2^2\\\Rightarrow 16=4^2\\\Rightarrow 256=16^2[/tex]

So, for the [tex]n^{th}[/tex] term, the function is [tex]f(n)[/tex]

For the next term, it is [tex]f(n+1)[/tex]

So,

[tex]\Rightarrow f(n+1)=[f(n)]^2[/tex]

Which one is the correct answer..pls HELP a answer accurately..

Answers

Answer:

c

Step-by-step explanation:

$0.70 is the answer........

please help me.......................

Answers

Answer:

do away withTrue

[tex] \infty \infty [/tex]

B. Do away with
True
B. 12th of April


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