If you deposit $300 a month into an account that accredits you 3% compounded monthly, how much money will you have in your account after 25 years?
A. $112,430
B. $133,800
C. $122,653
D. $98,902

Answers

Answer 1

Compound interest is the interest generated on a sum of money invested. The amount of money that you will have in your account after 25 years is  $122,653

How to calculate the compound interest?

Compound interest is the interest generated on a sum of money invested. The formula for calculating compound interest is expressed as:
A = P(1+r/n)^nt

Given the following parameters

Principal P = $3600 (a year)
rate r = 0.03
Time  t = 25 years

n  = 12 (time of compounding)

Substitute

A = 3600(1 + 0.03/12)^12(25)
A = 3600 (1.0025)^300
A = 3600(2.1150)
A = $122,653

Hence the amount of money that you will have in your account after 25 years is  $122,653

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Related Questions

simplify 3 upon 10 + 4 upon 5

3^10 + 4^5​

Answers

answer

60073

explanation

3^10 + 4^5 = 60073

If A(x1, y1), B(x2, y2), (X3, Y3), and D(xx,ya) form two line segments, AB and CD, which condition needs to be met to prove AB ICD? ОА У4 -У, У, -у, - X4 - X X - X OB. 74-Y3 + X4-X = 0 V₂ - X, X - X, oc Yo-Yay 72-Y1--1 x - x x - X, OD. 12-y, *- X, = 1 x₂ - X, Yo-Y OE Y:-72. X.-X2-0 Y₂-X, X - X, ​

Answers

Answer:

The answer is option C..........

To prove that AB is parallel to CD, we need to show that the slope of AB is equal to the slope of CD.

What is line segment?

A line segment is a section of a line with two endpoints. A line segment, unlike a line, has a fixed length.

To demonstrate that AB is parallel to CD, we must show that the slope of AB equals the slope of CD.

The slope of AB can be calculated using the formula:

mAB = (y2 - y1) / (x2 - x1)

Similarly, the slope of CD can be calculated using the formula:

mCD = (ya - Y3) / (xx - X3)

If mAB = mCD, then AB is parallel to CD.

Therefore, the condition that needs to be met to prove AB is parallel to CD is: (y2 - y1) / (x2 - x1) = (ya - Y3) / (xx - X3)

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Will name brainliest

Reasons must be from this list:
Reflexive property, segment bisector, angle bisector, linear pair, transitive property, perpendicular, SAS, ASA, CPCTC, AAS, HL, and SSS
Every word may not be used, but each may not be used more than once.

Answers

Step-by-step explanation:

ii) reflexive property

iii) AAS

Mark and Doug work at the mall. Last week,
Mark worked five less than three times the
number of hours that Doug worked. If their total
number of combined hours was 13 more hours
than Mark worked, how many hours did they
work in total?

Answers

If Mark and Doug work at the mall and their total number of combined hours was 13 more hours than Mark worked, The number of hours they work in total is 47 hours.

How to find the hours worked?

Let x represent the time Doug  worked

let 3x - 5 represent the number of hours Mark worked

Hence,

x + 3x - 5 = 3x -5 +13

4x-5=3x-5+13

4x-5=3x+8

Add 5 to both side

4x-5+5 =3x+8+5

simplify

4x =3x +13

subtract 3x from both side

4x -3x = 3x + 13 =3x

1x = 13

x =13/1

x =13 (Doug)

Hence,

3x -5 where x = 13

3 (13) -5

= 39 -5

= 34 hours (Mark)

Total hours

(Doug + Mark)

= 13 hours + 34 hours

= 47 hours

Therefore the total hours is 47 hours.

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please help me.. I don't understand what it is..

Answers

9514 1404 393

Answer:

  22.6

Step-by-step explanation:

The diagonal of the square is they hypotenuse of an isosceles right triangle with sides of 16 inches. The Pythagorean theorem tells you its length (d) is ...

  d^2 = 16^2 +16^2 = (16^2)(2)

Taking the square root, we have ...

  d = 16√2 ≈ 22.6 . . . . inches

3. Susan plans to order concert tickets that cost $45 each. She will also have to pay a $10
service charge for the order. To find the total amount she must pay, Susan used the
expression 45n+10, where n is the number of tickets ordered. What is the total amount of
money Susan must pay if she orders 5 tickets? *

Answers

Answer:

The total amount of money Susan must pay if she orders 5 tickets is $235.

Step-by-step explanation:

Simply plug in the number of tickets!

45(5) + 10 = $235

Answer:

235

Step-by-step explanation: couldnt put the answer before bc a bot put one

13 is what fraction of 4? Use the tape diagram to support your answer.

Answers

Answer:

3 1/4

Step-by-step explanation:

13/4 = 3 1/3

50 POINTS!!!
A spinner is divided into 4 equal sections numbered 1 to 4. The theoretical probability of the spinner stopping on 3 is 25%. Which of the following is most likely the number of 3's spun in 10,000 spins?

1,367
2,400
2,538
3,108

PUT SOLUTION AND STEPS PLS

Answers

To find how many times it will land on 3 in 10,00 spins you need to find 25% of 10,000 so 10,000 times .25 is the equation which is 2,500 so if I'm not mistaken the spinner should land on the third section 2,500/ times in 10,000 spins theoretically speaking, but if you have to find something close to it, its 2538 due to it being the closest.

Answer:

third one 2538

Step-by-step explanation:

it is the closest because 25% of 10,000 is 2500, the closest number to 2500 is 2538

Plss help me ASAP pls ASAP thank you

Answers

I think 7 is B and 8 is A, but im not really sure about this so im sorry if this is wrong

Solve for n.
n+ 1 = 4(n-8)
O n = 1
On = 8
On = 11
O n = 16
Save and Exit
Next
Sub
Mark this and return

Answers

n=11
hope this helps!!!

simplify (a-4b)(a-2b)​

Answers

the answer is a^2 - 6ab + 8b^2

WIll GIve 50 Points Very Easy Easy Plz Help

Answers

vert: 2 & 4
corresponding: 4 & 8
alt int: 4 & 6
alt ext: 1 & 7
supplementary: 7 & 8

Answer:

Vertical Angles- 1 and 3

Corresponding Angles- 2 and 6

Alternate Interior Angles- 4 and 6

Alternate Exterior Angles- 2 and 8

Supplementary Angles- 1 and 2

Helps me is urgent Match each type of insurance with an example of what it would pay for.
Renter's
insurance
?
Repair on a car involved in
an accident
Auto insurance
2
Replacement of a
computer stolen from an
apartment
Life insurance
2
Funeral expenses
Health insurance
?
A trip to the emergency
room
PREVIOUS

Answers

1-3 2-2 3-4 4-1 there you go

The figure below has a volume of 60 cubic units. How many more cubes will it take to fill the figure?
5 cubic units


40 cubic units


55 cubic units


60 cubic units

Answers

you will need 60 cubics units

$102 headphones, 7.5% tax

Answers

Answer:

You are correct the tax would be that

Step-by-step explanation:

Pls help I will mark branliest

Answers

Answer:

Step-by-step explanation:

What is an equation of the line that passes through the point (-3,-1)(−3,−1) and is perpendicular to the line x-2y=6x−2y=6?

Answers

Answer:

it's could be 2

Step-by-step explanation:

you typed the question Wrong tho

If y=10 and the equation is 60=6y is it true or false 

Answers

Answer:

The answer would be true.

Step-by-step explanation:

Since 10 equals y that means that 60=6y is true because 6x10 is 60.

You are playing blackjack and want to know the probability of getting dealt certain cards. In blackjack two cards are drawn from a deck, the first is dealt to you face down and the second is dealt face up. Using the product rule, find the probability that (a) The bottom card is an ace or a king and the top card is red. (b) Both of the cards are clubs. (c) At least one of the cards is a jack.

Answers

Answer:

The correct answer is:

(a) 0.0784

(b) 0.0588

(c) 0.1493

Step-by-step explanation:

According to the question,

Number or ace or king,

n (ace or king) = 8

Number of red,

n (red) = 26

Number of club,

n (club) = 13

Number or jack,

n (jack) = 4

(a)

Probability of 1st ace or king and 2nd in red will be:

⇒ [tex]P(ist \ ace \ or \ king \ and \ 2nd \ red) = \frac{8}{52}\times\frac{26}{51}[/tex]

⇒                                                    [tex]=0.0784[/tex]

(b)

Probability of both clubs will be:

⇒ [tex]P(clubs) =\frac{13C_2}{52C_2}[/tex]

⇒                [tex]=0.0588[/tex]

(c)

Probability of at least one is jack will be:

⇒ [tex]P(at \ least \ one \ is \ jack)=1-P(none \ jack)[/tex]

⇒                                       [tex]=1-\frac{48C_2}{52C_2}[/tex]

⇒                                       [tex]=0.1493[/tex]

If the base area of a cylinder is 176.625
square centimeters and the height is 3.5
centimeters, determine the volume of the
cylinder

Answers

Answer:

618.1875 cm^3

Step-by-step explanation:

Volume = base area x height, so 176.625 x 3.5 = 618.1875

The following is an estimated demand function: Q = 875 + 6X +15Y − 5P Where Q is quantity sold, X is advertising expenditure (in thousands of dollars), Y is income (in thousands of dollars), and P is the good's price. The R2 was 0.92; the F-statistic was 57; the Standard Error of the Estimate (SEE) is 25. In the above regression: A. income has the highest importance in predicting sales. B. all of the options. C. the regression model is capable of explaining 92% of sales. D. if price increases 10 dollars, the sales will decrease 50.

Answers

Answer:

See step by step explanation

Step-by-step explanation:

Q = 875  + 6 * Adv. expenditure + 15* Income - 5 * Product price

A.- As we can see each unitary change (in thousands of $) in Income, will mean an increase of  15 $ (thousands ) in the demand function, the highest impact in Q

C.- The regression model is capable of explaining  92 % of the variation in Q due to the predictors.

D.- If the price is increased by 10 $ demand will decrease in 50

What are the growth/decay factors and rates for the following functions?
a. y=1000(1.03)x
b. f(x)=200(0.8)x

Answers

Answer:

gududu0hxosjvacsivhxhvsaiojvxsaxisahvhvhxsaixjs

Find the volume of the following figure using unit cubes.

Answers

Answer:

Volume : 94

Step-by-step explanation:

2(4 x 5) = 40

2(3 x 5) = 30

2(3 x 4) = 24

------------------

40 + 30 + 24 = 94

Please help me wiht this

Answers

Answer:

Kevin

Step-by-step explanation:

Plz help me well mark brainliest if you are correct!!

Answers

6. There are 30 minutes in half a hour. 30 divided by 5 = 6
There are 6 segments of 5 minutes

Help me on this question please!

Answers

31.2 or G

Step By Step Explanation:

19. A cone has a diameter of 36 meters and a slant height of 24 meters. What is the height of the cone to the nearest tenth?
24 m
36 m

Answers

9514 1404 393

Answer:

  15.9 m

Step-by-step explanation:

The radius (18 m) and the slant height form one leg and the hypotenuse of the right triangle that has the cone height as the other leg. The Pythagorean theorem tells you the height (h) is ...

  18² + h² = 24²

  h = √(576 -324) = √252

  h ≈ 15.9 . . . . . meters

The height of the cone is about 15.9 meters.


PLEASE HELP !! ILL GIVE BRAINLIEST !!

Answers

i believe the answer is the last on KJM and KJH

Order the numbers from least to greatest. 35.0 135.9 35.0 35.061

Answers

Answer:

35.0 , 35.0 , 35.061 , 135.9

Step-by-step explanation:

Given Angle 1 =xº and angle 2 = (x +50)°.
Find the value of x. Then find angle 1 and 2

Answers

Answer:

x=65

Angle 1=65

Angle 2=115

Step-by-step explanation:

We know that angle 1 + angle 2 = 180. Writing it in terms of x, we get x + (x + 50)= 180. Then you have 2x+50=180. Subtracting 50 from both sides gives you 2x=130. Dividing both sides by 2, you get x=65. Angle 1 is 65 degrees. 180-65=115.

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