Demetri's parents begin saving for his college funds when he was 10 years old. They invest $5,000 in a CD that earns 1.2% interest compounded annually. What will the balance in the CD be when he turns 18?​

Answers

Answer 1

Answer:

Yes, the CD earns over $500 in interest over 8 years.

Step-by-step explanation:

So basically the money was invested for when he was 10 to 18 so 8 years and when there is compound interest the value always increase so the working out u would do is times the original amount by 1.012 to the power of 8 And it should be more that the amount u need. I hope that makes sense.  ¯\_(ツ)_/¯


Related Questions

Question 3 (1 point)
Find the slope given the points: (2,0) and (-2, 1).

Answers

Answer: l think the answer is -1

manav needs 40% marks to pass. if he secures 208 marks and falls short by 16 marks what was the maximum marks he could have got​

Answers

Answer: the max marks he could have gotten are 224

Step-by-step explanation: 208+16=224.

wanna help a fellow hawt person out?

Answers

Answer:

50

Step-by-step explanation:

You gotta add up 38 and 12 because it reflects and it's the same across ABC

Can someone help me with this? I don't understand?
[tex] \sqrt[3]{1000 {}^{2} } [/tex]
How do you do the whole process? I need some explanation...

Answers

Factor out the 2 so it’s radical 1000. Answer is 100

9514 1404 393

Answer:

  100

Step-by-step explanation:

A root is equivalent to a fractional power. A square root is a 1/2 power. A cube root is a 1/3 power. The index of the root is the denominator of the fraction.

Of course the usual rules of exponents apply in evaluating an expression.

  (a^b)^c = a^(bc)

__

Your expression can be simplified as follows.

  [tex]\displaystyle\sqrt[3]{1000^2}=(1000^2)^{\frac{1}{3}}=1000^{\frac{2}{3}}=(10^3)^{\frac{2}{3}}=10^2=\boxed{100}[/tex]

It can also be simplified another way:

  [tex]\displaystyle\sqrt[3]{1000^2}=\sqrt[3]{(10^3)^2}=\sqrt[3]{(10^2)^3}=10^2=100[/tex]

_____

Additional comments

A problem like this is simpler if you are familiar with the squares and cubes of small integers.

Edgar accumulated $4,000 in credit card debt. If the interest rate is 30% per year, and he does not make any payments for 2 years, how much will he owe (in dollars) on this debt in 2 years by each method of compounding? (Simplify your answers completely. Round your answers to the nearest cent.)

Answers

Answer:

$7,459.12

Step-by-step explanation:

The formula for continuous compounding is

A = Pe^(rt), where P is the original amount, A is the accumulated amount, r is the interest rate as a decimal fraction, and t is the number of years.  We want to know how much he will owe on this original $5,000 credit card debt after 2 years.

A = $5,000e^(0.20*2)

  = $7,459.12

Step-by-step explanation:

hope this helps

Edgar accumulated $4,000 in credit card debt. If the interest rate is 30% per year. he will owe

A= $7,459.12

This is further explained below.

How much will he owe (in dollars) on this debt in 2 years by each method of compounding?

Generally, the equation for  continuous compounding  is mathematically given as

[tex]A = P*e^{rt}[/tex]

Therefore

[tex]A = 5,000*e^{0.20*2}[/tex]

A= $7,459.12

In conclusion, he will owe

A= $7,459.12

Read more about compound interest

https://brainly.com/question/14295570

#SPJ6

What’s the answer!???

Answers

answer is $30

looks like u cheating

The approximate cube of 9.8 is?​

Answers

Answer:

9.8 Cubed

9.8 cubed, (9.8)3, is the number you get when multiplying 9.8 times 9.8 times 9.8.

It can also be looked at as exponentiation involving base 9.8 and exponent 3.

The term is usually pronounced 3rd power of 9.8 or 9.8 to the third power.

The cube of 9.8 is an imperfect cube because 941.192 is the product of the three equal numbers 9.8 which contain decimals.

It can be written as 9.8 × 9.8 × 9.8 or in exponential form.

Read on to learn everything about the number (9.8)³.

Number: 9.8

Number Cubed: 941.192

Step-by-step explanation:

hope this helps...

have a nice weekend...

ヽ(ヅ)ノ

Use the Distributive Property to simplify the expression. 35(w−2)

Answers

The answer is 35w - 70

[tex]\huge\boxed{Hello\;there!}[/tex]

The Distributive Property states that

a(b+c)=ab+ac

We multiply a by b and c.

[tex]\rm{35(w-2)}\\\rm{35w-70[/tex]

[tex]\huge\boxed{\mathfrak{Answer:{\boxed{35w-70}}}}}[/tex]

[tex]\bold{Hope\;it\;helps!}[/tex]

[tex]\rm{Have\;a\;nice\;day![/tex]

[tex]\boxed{AmiableTeen:)}[/tex]

Find x in the right triangle

Answers

Answer:

The Answer is C

Step-by-step explanation:

Edge 2021

Hope This Helps :)

ANSWER it is C

Step-by-step explanation:

Hypothenuse^2-Kathete^2=Kathete^2

14^2-7^2=Kathete^2

196-49=x

x^2=196-49

x^2=147

x=12,124355653

x=12,1

x=12

THE ANSWER IS C

I hope it help.

have a nice day

can I be brainliest

Best regards

Solve this equation: −10x−10=−10x−10

Answers

Answer:

0

Step-by-step explanation:

The whole thing cancels out because if you move -10x on the left to the right they will cancel out because -10x+10x=0.

Now, you have -10=-10 and so move the -10 to the right and it becomes positive so you get -10+10 which equals 0.

What is the value of (5ý + 3) + 5?​

Answers

Answer:

5y + 8

Step-by-step explanation:

5y + 3 + 5

5y + 8

Hope this helped! Have a nice day! Plz mark as brainliest!!!

-XxDeathshotxX

the answer is: 8+5y

Which of the following is an example of simple harmonic motion?
A. The motion of a rotating beacon
B. A ball bouncing on a sidewalk
C. Calculating the angle of elevation for a building
D. A police car shining a spotlight into buildings as it drives by

Answers

Answer:

The motion of a rotating beacon.

Step-by-step explanation:

Gabriella signed up for a streaming music service that costs $8 per month. The service allows Gabriella to listen to unlimited music, but if she wants to download songs for offline listening, the service charges $1 per song. How much total money would Gabriella have to pay in a month in which she downloaded 50 songs? How much would she have to pay if she downloaded s songs?

Answers

I’m guessing this is a trick question, but I’m gonna go with what I think

Answer: She would have to pay 58 in a month if she downloaded 50 songs with the subscription from the streaming music services. She’d pay 50 dollars for 50 songs, since one song costs a dollar.

Answer:

$58

8 + 1s

Step-by-step explanation:

Pls answer quickly !!!

Answers

you can use photomath!!
The answer is 15. You’re looking for the value of the hypotenuse. a^2 + b^2 = c^2

at midnight the tempatire was -5°F. At noon the tempature was 24°F which expression represents the increase in tempature?​

Answers

From -5 to 24 is an additional 29 F. I’m not sure what the options for the expressions are.

Which expression is equivalent to 2(m+4)?

Answers

Answer: m(4+2)

Step-by-step explanation:you are just fliping the eqaution so you put the two in parenthesis and after you do 4+2 you multiply by m

Complete the point-slope equation

Answers

Answer:

y -3 = -1/2 x (x-1)

Step-by-step explanation:

ill mark brainlist plss help

Answers

Answer:

w=20

Step-by-step explanation:

Solve for  w  by cross multiplying.

i think your answer would be B, 20.
you would do 25x16= 200
200 divided by 20 is 20
20x20=200
25x16=200

Which store has the larger median value?

Comparing Box Plots Worksheet

Question 3 options:

A. Store A


B. Store B


C. They have the same median


D. There is no median

Answers

Answer:

i tink it is store A

Step-by-step explanation:

because it has the large medium value.. hope this answer helpes you..

Answer:

the answer is B. Store B

what is the ratio for 18 goldfish in a tank of 48 fish simplify the answer please I will give you brainliest

Answers

The correct answer is 3:8

Answer:

Jayhllaaa rember ur best fried Ana I went to different school and it ends at 3:10 I think but 4:00 for sure I don't have wifi but we can talk  thru here tomorrow I think we get the wifi then we talk okayy hewooo by they wayyy  

Step-by-step explanation:

bestiess

HELP PLS 20 POINTS !!!!

Use the diagram to find the measures of all the angles, given that m<1 = 76º.


Answers

Answer:

m∠2 = 104°

m∠3 = 76°

m∠4 =  104°

Step-by-step explanation:

∠1 and ∠3 are vertical angles

That means they are of the same value.

∠2 and∠4 are also vertical angles and we can find the value like this:

Sum of all angles = 360°

Total value of found angles = 152°

Number of angles need to be found = 2x (note: this is 2x because both angles are the same)

Equation = 360 - 152 = 2x

208 = 2x

x = 208/2

x = 104

So angle m∠4 = 104°

and m∠2 = 104°

The equation that matches this diagram is
3(y + 200) = 3000.
What is the value of Y.

Answers

Answer: y = 800

Step-by-step explanation:

3(y + 200) = 3000

3y + 3(200) = 3000

   3y + 600 = 3000

              3y  = 2400     [Subtract 600 from both side]

                y   = 800      [Divide 3 in both side to solve for y]  

Find the explicit formula for the given sequence.

Answers

Answer:

A

Step-by-step explanation:

given the sequence above using using two as a first term the only formula fits the sequence above is A

Answer:

A

Step-by-step explanation:

There is a common ratio r between consecutive terms

r = 8 ÷ 2 = 32 ÷ 8 = 128 ÷ 32 = 4

This indicates the sequence is geometric with nth term ( explicit formula )

[tex]a_{n}[/tex] = a₁ [tex]r^{n-1}[/tex]

where a₁ is the first term and r the common ratio

Here a₁ = 2 and r = 4 , then

[tex]a_{n}[/tex] = 2 . [tex]4^{n-1}[/tex] → A

PLEASE HELP!
The terminal side of an angle in standard position passes through P(15,-8). What is the value of sin e?
d
15
sin A=-
17
sin =-
8
17
8
sin =
17
sin e
15
17

Answers

Answer:

I dont know what sin is

Step-by-step explanation:

Given
mZAOC is a straight angle.
MZAOB = 8x + 51°
mZBOC = 6x - 25°
Find mZAOB=

Answers

Answer:

∠ AOB = 139°

Step-by-step explanation:

Since AOC is a straight line then

∠ AOB + ∠BOC = 180° , that is

8x + 51 + 6x - 25 = 180

14x + 26 = 180 ( subtract 26 from both sides )

14x = 154 ( divide both sides by 14 )

x = 11

Then

∠ AOB = 8x + 51 = 8(11) + 51 = 88 + 51 = 139°

1. Let x= -2 and y= -5. (NC.7.NS.2) Which expression has a negative value? A. X+y B.X-y C.[x] [y] D. X/y

Answers

Answer:

A. X + Y

Step-by-step explanation:

From this question x = -2 and y = -5

We are to find out the expression that would give a negative value.

X+Y

(-2)+(-5)

+(-) gives a negative sign. So we have

= -2-5

= -7

For x - y

(-2) - (-5)

-(-) = positive

= -2 + 5

= 3.

For [x][y]

= (-2) x (-5)

= 10

since a negative sign multiplied with another negative sign gives a positive result

For X/Y

= -2/-5

= 2/5 the result here is positive because 2 negative signs when divided cancel out.

Therefore the answer is option A since it's result is negative. Others are positive

Solve y-7=3
Thank you

Answers

− 7 = 3

− 7 + 7 = 3 + 7

 =  10

180kg, 250kg, 200kg, 209kg, 195kg, 205kg, 190kg, 188kg, 192kg. What is the IQR of the lion's weights.

Answers

Answer:

18

Step-by-step explanation:

Given the data:

180kg, 250kg, 200kg, 209kg, 195kg, 205kg, 190kg, 188kg, 192kg

The interquartile range (IQR) = Q3 - Q1

Reordering the data:

180, 188, 190, 192, 195, 200, 205, 209, 250

Q3 = 3/4(n+1)th term

Q3 = 3/4(10) = 7.5 th term = (205+209)/2 = 207

Q1 = 1/4(n+1)th term

Q1 = 1/4(10) = 2.5th term = (188+190)/2 = 189

Q3 - Q1 = 207 - 189 = 18

What is the answer??

Answers

Since the diameter is 12cm, we will use the radius formula = d/2= r

12/2 = 6cm

Area:
A = 3.14(r)^2

A = 3.14(6)^2

A = 3.14(36)

Answer:
A= 113.04 sq cm

In a shipment of new cookies for a store, 4/12 of the cookies were sugar and 1/5 were oatmeal. The remainder of the cookies were chocolate chip. What fraction of the cookies were chocolate chip?

Answers

Answer:

13/15

Step-by-step explanation:

The fraction of the cookies that are chocolate chip can be determined by solving this equation

1 - ([tex]\frac{4}{12}[/tex] - [tex]\frac{1}{5}[/tex])

1 - [tex]\frac{20 - 12}{60}[/tex]

1 - [tex]\frac{8}{60}[/tex]

[tex]\frac{60}{60}[/tex] - [tex]\frac{8}{60}[/tex] = [tex]\frac{52}{60}[/tex] = 13/15

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