Peter accumulated $7,500 in credit card debt. If the interest rate is 3.5% per year and he does not make any payments for 10 years, how much will he owe on this debt in 10 years by compounding continuously

Answers

Answer 1

Answer:

$10579.49

Step-by-step explanation:

The formula for amount gotten after a period of time (in years) on a principal which is compounded continuously is given as:

[tex]A = P(1 + r)^t[/tex]

where P = principal (amount borrowed)

r = interest rate

t = number of years

Peter accumulated $7,500 in credit card debt with interest rate as 3.5% per year and he does not make any payments for 10 years.

Therefore, his debt is:

[tex]A = 7500(1 + \frac{3.5}{100})^{10}\\ \\A = 7500 (1 + 0.035)^{10}\\\\A = 7500(1.035)^{10}\\[/tex]

A = $10579.49

He will owe $10579.49 after 10 years

Answer 2

Answer:

A= $10,643.01

Step-by-step explanation:

if you are rounded to the nearest cent

Identify the values of each variable in the formula. Remember to express the percent as a decimal.

A=?

P= $7,500

r= 0.035

t= 10 years

For compounding continuously, use the formula A=Pert.

Substitute the values in the formula and compute the amount to find

A= 7,500e [tex]x^0.035.10[/tex][tex]x^{0.035.10}[/tex]

A= $10,643.01


Related Questions

PQR is an isosceles triangle in which pc=pr m and n are points on PQ and PR such that angle MQR =angle NQR Prove that triangle QNR and RMQ are congruent

Answers

Answer:

We are given that triangle PQR is an isosceles triangle in which PQ = PR .

Since the base angles of an isosceles triangle are equal,

angle PQR = angle PRQ  

Also, And we are given that

angle MRQ = angle NQR

In ΔQNR and  ΔRMQ

∠NQR=∠MRQ (given)

QR = QR   (common)

-triangles QNR is congruent to triangles RMQ - ASA - angle side angle

what is product of 3 1/3 * 2 1/6 in its simplest form

Answers

Answer:

65/9

Step-by-step explanation:

3 1/3=(3*3+1)/3=10/3

2  1/6=(2*6+1)/6=13/6

10/3*13/6=130/18=65/9

Answer:

[tex]7\frac{2}{9}[/tex]

Step-by-step explanation:

[tex]3 \frac{1}{3} = \frac{10}{3}[/tex]

[tex]2\frac{1}{6} = \frac{13}{6}[/tex]

10 × 13 = 130

3 × 6 = 18

[tex]\frac{130}{18} = 7\frac{2}{9}[/tex]

Solve.
2x -3 > 23
Drag answer here
2x - 3 > 3x -1
Drag answer here
5x - 4 < 21
Drag answer here
x>-2 x<5. x>13. x<-2. x>5​

Answers

Answer:

1. x > 13

2. x < -2

3. x < 5

Step-by-step explanation:

2x - 3 > 23

→Add 3 to both sides:

2x > 26

→Divide both sides by 2:

x > 13

2x - 3 > 3x - 1

→Subtract 2x from both sides:

-3 > x - 1

→Add 1 to both sides:

-2 > x

5x - 4 < 21

→Add 4 to both sides:

5x < 25

→Divide both sides by 5:

x < 5

Find the measure of arc EB. Circle A is intersected by line CD at points D and E and line CB at point B, forming angle ECB outside of the circle, the measure of angle ECB is 25 degrees, arc EB is 4x plus 16 degrees, and arc DB 7x plus 6 degrees.

Answers

Answer:

[tex]m\widehat {EB}[/tex] = 96°

Step-by-step explanation:

From the figure attached,

m∠ECB = 25°

[tex]m\widehat {EB}={(4x+16)}[/tex] degrees

[tex]m\widehat{DB}=(7x+6)[/tex] degrees

From the theorem of secants intersecting outside the circle,

m∠ECB = [tex]\frac{1}{2}[m\widehat {DB}-m\widehat{EB}][/tex]

25° = [tex]\frac{1}{2}[(7x + 6) - (4x + 16)][/tex]

25° = [tex]\frac{1}{2}(3x-10)[/tex]

50 = 3x - 10

3x = 60

x = [tex]\frac{60}{3}[/tex]

x = 20

[tex]m\widehat {EB}[/tex] = (4 × 20 + 16)°

        = (80 + 16)°

        = 96°

Therefore, measure of arc EB is 96°.

Answer:

96°

Step-by-step explanation:

Got it right on the test

You have an envelope full of coupons that you received 253 days ago. If
the coupons expire 9 months from the day they are given to you, will you
be able to use your coupons at the store or will they have already expired?

Answers

Answer:

you should be able to use them

Step-by-step explanation:

HEELPPP how do I solve this equation please do it step by step ​

Answers

Answer:

x = -24/7  or x = -3 3/7

Step-by-step explanation:

In this equation, the first thing we will do is to get rid of the denominators -- they complicate everything. So, we can multiply the entire equation by 10, since 10 is the lowest common multiple of 5 and 2, which are the denominators.

Then, the equation will look like this:

2(4x-2) + 5(1) = 5(3x+7) - 10(1)

Notice that the denominators will no longer exist.

Now, distribute on both sides of the equation.

The equation will look like this now:

8x - 4 + 5 = 15x + 35 - 10

Then, we must combine like terms. We want to isolate the variable x on one side of the equation. Let's isolate it on the right side. So, subtract 8x from both sides. The equation will look like this now: - 4 + 5 = 7x + 35 - 10

Now that x is on one side, let's move all the other terms to the left side. Subtract 25 from both sides (35 - 10 = 25 on the right side, get rid of it by subtracting 25). The equation now looks like this: - 4 + 5 - 25 = 7x

Finally, combine all on the left side.

Final equation: -24 = 7x

Now, we know 7x = -24. We want to solve for the value of x. So, divide both sides by 7.

x = -24/7  or x = -3 3/7

x= -24/7
Hope this helps

x^2+1/x^2=18 find x-1/x

Answers

Notice that

[tex]\left(x-\dfrac1x\right)^2=x^2-2+\dfrac1{x^2}=18-2=16[/tex]

which tells us

[tex]x-\dfrac1x=\pm4[/tex]


An ice cream store has two new flavors: Fantasy and Ecstasy. Each barrel of Fantasy requires 4
pounds of nuts, 3 pounds of chocolate, and brings in a profit of $50. Each barrel of Ecstasy

Answers

Answer:

Fantasy: 3 barrelsEcstasy: 1 barrel

Step-by-step explanation:

Given

  Fantasy uses 4 lb of nuts, 3 lb of chocolate, for a profit of $50

  Ecstasy uses 4 lb of nuts, 1 lb of chocolate, for a profit of $40

  In stock are 16 lb of nuts, 10 lb of chocolate

Find

 amount of each to maximize profit

Solution

Let x and y represent barrels of Fantasy and Ecstasy, respectively. Then the limitations on production are ...

  4x +4y ≤ 16 . . . lb of nuts

  3x +y ≤ 10 . . . . lb of chocolate

We want to maximize

  50x +40y

The graph shows the feasible region. Its vertices are ...

  (0, 4), (3, 1), (3.33, 0)

Profit is maximized at $190 when production is 3 barrels of Fantasy and 1 barrel of Ecstasy.

I do not know how to go at this question Halp!!!!

Answers

Answer:

I think

all the rectangle in the shape u have to find the area of the rectangle

55×55 for each rectangel \ l ×W

now do the squares

25×25 for each rectangle

now when u got all the sides add them up

Solve the system by substitution.
9y = x
- 4x + y = –35

Answers

Answer: The answer is 7x.

Step-by-step explanation:

Answer:

The answer is x=9 and y=1

Step-by-step explanation:

First, you have to substitute x from -4x to 9y which is -4(9y).

That would equal -36y.

Then the second equation would look like this:

-36y + y = -35

Then simplify. If you add -36y and y, it would equal -35y.

-35y = -35

Divide -35 on each side.

y = 1

To find the x value, you have to plug 1 into the first equation. (It doesn't matter which equation you plug into).

So if you plug it into the first equation it would look like this:

9(1) = x

9 = x

What’s the polynomial for this?

Answers

Answer:

it might be trinomial if not maybe its monomial hope it helps ;/

Step-by-step explanation:

can you solve 4 .b)​

Answers

Answer:

yhyhyhyh rashford gonna score a hat trick vs spurs

Step-by-step explanation:

The expression f(x) = x^2 + 18x + c and g(x) = x^2 - x + d are perfect - square trinomials. What is the value of g(0) - f(0)?

Answers

Answer:

0

Step-by-step explanation:

This is because any number that is plugged in is going to be multiplied by 0. Anything multiplied by 0 is 0. Lastly, 0-0=0, which brings you to your final answer.

Juan bought a MP3 player for $45 after a 15% discount.

Answers

Answer:

Find the exact value using trigonometric identities. a MP3, 45, 0.15

Step-by-step explanation:

so your answer is $45.15 that is how much it was before the discount :)

Answer:

$8.25

Step-by-step explanation:

discount = x

original price = $45.00

discount% = 15%

x/45 = 15/100

x · 100 = 15 · 45

100x = 675

100x/100 = 675/100

x = 6.75

Sale price = 15 - 6.75 = 8.25

An expression is given: x(-1.8-6y) Use the distributive property to expand the expression.

Answers

Answer:

-1.8x-6xy

Step-by-step explanation:

The distributive property is one of the properties of real numbers

Mathematically, we can have it expressed as follows;

a •(b+ c) = a•b + a•c

Thus, applying this to the problem at hand, we have;

x(-1.8-6y) = x •(-1.8) - x•(6y)

Opening the brackets we have;

-1.8x-6xy

2.9×10⁵×7.2×10²÷5×10^-8

Answers

Answer:

4.176  × 10¹⁵

Step-by-step explanation:

2.9×10⁵×7.2×10²÷5×10^-8=

2.9×7.2×10⁷×10⁸ / 5=

4.176  × 10¹⁵

The maximum grain for corn is achieved by planting at a density of 40,000 plants per acre. A farmer wants to maximize the yield for the field represented on the coordinate grid. Each unit on the coordinate grid represents one foot. How many corn plants, to the nearest thousand, does the farmer need? ( hint 1 acre =43,560 square) The farmer needs approximately about how many corn plant

Answers

Answer:

514,400 plants.

Step-by-step Explanation:

From the attached diagram given below which shows the coordinate grid, we can say the shape of the farm is that of a trapezium.

Number of plants to be planted by the farmer at 40,000 plants per acre = area of land in acres * 40,000.

Let's find the area of the land(trapezium):

Area of trapezium = ½(a+b)*h

From the coordinate grid, from point E to H on the y-axis, we have 900 units = 900 ft (Given that 1 unit = 1 foot).

Also, from F to G, we have 500 units = 500ft; and the height of the trapezium is represented by the number of units the trapezium covers on the x-axis = 800units = 800ft.

a = 900ft, b = 500ft, c= 800ft

==> Area of Land/trapezium = ½(a+b)*h

= ½(900+500)*800

= ½(1400)*800

= 700*800 = 560,000ft²

Given that 1acre = 43,560ft²

x acre = 560,000ft²

x = 560,000*1 /43,560

x = 12.86 acres

Therefore, number of plants to be planted = 12.86 acres * 40,000 plants = 514,400 plants.

I need a real world example of a relation that is a function.

Answers

Answer:

Domain: the set of “Pregant Sheep”

Range: the set of “Lambs Born”

Exaplain why your Relation is a Function.

“The reason it‘s a function is the fact that there is two parents (if you include the dad) and you can have one to three lambs born.  

Step-by-step explanation:

We want to write a real-world example of a relation that is a function.

First, let's describe what a function is.

A function is a relationship that maps elements from a set, the domain, into elements from another set, the range.

Such that each element in the domain can be mapped into only one element in the range.

So for example, if for a given item we have 2 different prices, like:

f( bar of soap) = $10f(bar of soap) = $5.

this is not a function, because the input "bar of soap" is being mapped into two different elements of the range.

Now that we know what a function is, we can create a real-world example.

Let's create a really simple one, let's say that in your local store they sell each bar of soap for $2.

Then, if you buy x of these, the cost will be x times $2, or:

$2*x

Then we can create a function, the cost function, that models the cost of buying x bars of soap at your local store, it is:

c(x) = $2*x

This is a function that models a "real-world" problem.

If you want to learn more, you can read:

https://brainly.com/question/183587

The berry-picking boxes at Bingo Berry Farm have square bottoms that are 8 centimeters on each side. Kendrick fills his box with raspberries to a height of 6 centimeters. What is the volume of raspberries in Kendrick's box? cubic centimeters

Answers

Answer:

384 cm³

Step-by-step explanation:

To find the volume of raspberries in Kendrick's box you have to use the formula to calculate the volume of a box:

V= l*w*h, where

l=Length: 8 cm

w=width: 8 cm

h= height: 6 cm

Then, you can replace the values in the formula:

V= 8cm*8cm*6cm

V=384 cm³

According to this, the answer is that the volume of raspberries in Kendrick's box is 384 cm³.

If a right triangle has a hypotenuse of 13 inches and a leg of 5 inches, how could you use the Pythagorean Theorem to find the missing side? What is the length of the missing side? Show your work.

Answers

Answer:

The length of the missing side is 12.

Step-by-step explanation:

When you solve this, you do 5^2 + b^2 = 13^2

and solve for b. 25 + b^2 = 169

169 - 25 = 144

[tex]\sqrt{144[/tex] = 12

When you check your work, 5^2 + 12^2 = 13^2

25 + 144 = 169

If you have the right triangle, then you can label the longer side with 13, and label the leg 5. the you solve for the other leg. That's how Pythagorean Theorem is used in this context.

I hope this helped. I'm not the best at explaining math.

GUYS, PLEASE HELP!!! THIS IS REALLY NEEDED! (20 POINTS!)

The area of a square is (16x2 − 8x + 1) square units. Determine the length of each side of the square by factoring the area expression completely. Show your work.

Answers

The answer is 4x-1 hope it helps. :D

10
12:22
Which statement can be supported by the information in
the table?
The table shows the height of the tree that Margo planted
over an 11-month period.
Growth of Margo's Tree
Month Height of Tree (ft)
1.4
3
1.5
5
2.1
7
2.7
9
3.0
11
1.8
1
The tree increased in height each month during the
entire 11-month period.
The tree decreased in height each month during the
entire 11-month period.
The tree increased in height each month until the time
period between month 9 and month 11.
The tree decreased in height each month until the time
period between month 9 and month 11.
Mark this and return
Save and Exit
Next
Submit

Answers

Answer:

on edge

Step-by-step explanation:

The tree increased in height each month until the time period between month 9 and month 11

The statement that can be supported by the given information is, "The height of the tree increased in height each month until the time period between month 9 and month 11".

Given a table that shows the height of the tree that Margo planted over an 11-month period.

When the months are 1, 3, 5, 7, 9, and 11, the height of the tree is 1.4, 1.5, 2.1, 2.7, 3, and 1.8 respectively.

It is clear that the height of the tree increases during the months from 1 to 9.

During the time period between 9 and 11, the height of the tree decreases to 1.8 from 3.

So, the height of the tree increased in height each month until the time period between month 9 and month 11.

Hence the correct option is c.

Learn more about Table Interpretation here :

https://brainly.com/question/32499877

#SPJ7

I NEED HELP PRONTO!!!!!!!

Answers

Answer:

n = 5  or  n = -5

Step-by-step explanation:

Absolute value means take the non negative value

|n| = 5

n = 5   n = -5

Answer:

5

Step-by-step explanation:

root 3 minus root 2 divided by root 3 + root 2​

Answers

Answer:

[tex] 5 - 2 \sqrt{6} [/tex]

Step-by-step explanation:

Perhaps you are interested in rationalising the denominator of the given problem. Let's do it.

[tex] \frac{ \sqrt{3} - \sqrt{2} }{ \sqrt{3} + \sqrt{2} } \\ \\ multiplying \: numerator \: and \: denominator \: \\ by \: (\sqrt{3} - \sqrt{2}) \\ \\ \frac{( \sqrt{3} - \sqrt{2} ) }{ (\sqrt{3} + \sqrt{2} )} \times \frac{ (\sqrt{3} - \sqrt{2} )}{ (\sqrt{3} - \sqrt{2} )} \\ \\ = \frac{{( \sqrt{3} - \sqrt{2} )}^{2} }{ { (\sqrt{3} })^{2} - {( \sqrt{2} })^{2} } \\ \\ = \frac{ { (\sqrt{3} )}^{2} + { (\sqrt{2} )}^{2} - 2 \sqrt{3 \times 2} }{3 - 2} \\ \\ = \frac{3 + 2 - 2 \sqrt{6} }{1} \\ \\ = 5 - 2 \sqrt{6} [/tex]


how do I find the x ​

Answers

Answer:

1/2(6)(2 + x) = 27

3(2 + x) = 27

6 + 3x = 27

6 - 6 + 3x = 27 - 6

3x = 21

3x / 3 = 21 / 3

x = 7

Step-by-step explanation:

Answer:

7 m.

Step-by-step explanation:

Use the formula A = a + b/2 · h

b = 2·A/h - a

b = 2 · 27/6 - 2

b = 7

Please answer correctly !!!!!! Will mark brainliest !!!!!!!!!

Answers

Answer:

11 + x m

Step-by-step explanation:

[tex]width = \frac{area \: of \: rectangle}{length} \\ \\ = \frac{121 - {x}^{2} }{11 - x} \\ \\ = \frac{ {11}^{2} - {x}^{2} }{11 - x} \\ \\ = \frac{(11 + x)(11 - x)}{11 - x} \\ \\ = (11 + x) \: m[/tex]

Which statement is true about exterior angles easy

Answers

Answer:

answer 1: It forms a linear pair with one of the interior angles of the triangle

Step-by-step explanation:

The sum of an exterior angle and its adjacent interior angle is 180 degrees.

Also, linear pair of angles are supplementary.

How long the altitude of an equilateral triangle with side length 10cm​

Answers

Equilateral triangles have 3 sides of the same length, so if you split it down the middle, you will end up with one side length of 10cm and another with 5cm. Pythagorus can be used to find the missing side length, because the line of symmetry creates a right angle.

a^2 + b^2 = c^2

5^2 + b^2 = 10^2       (substitute given values in, remember the longest side, or the side opposite the right angle is c)

25 + b^2 = 100          (simplify)

b^2 = 75

b =  8.6603

Check answer

5^2 + 8.6603^2 = 10^2

25 + 75 = 100

What is the area of the square adjacent to the third side of the triangle?
If known could u answer the other as well ?

Answers

Answer:

85 units^2 = Area of Blue Square

and

x = 5 units

Step-by-step explanation:

To do this we use the Pythagorean theorem (a^2 + b^2 = c^2). a and b represent the legs of the triangle whereas c represents the longest side of the triangle, or the hypotenuse.

Since we know the area of a square is the side length multiplied by itself (or the side length squared), [tex]\sqrt{35}[/tex] is the side length of the pink square and [tex]\sqrt{50}[/tex] is the side length of the green square.

That means a = [tex]\sqrt{35}[/tex] and b = [tex]\sqrt{50}[/tex] , so...

[tex](\sqrt{35} )^{2} + (\sqrt{50})^{2} = c^{2}[/tex]

35 + 50 = c^2

85 = c^2

[tex]\sqrt{85} = c[/tex]

Now we need to square the square root of 85 to find the area of the blue square.

[tex](\sqrt{85})^{2} = Area of blue square[/tex]

85 units^2 = Area of Blue Square

To solve the other question we use the same formula again.

[tex]x^2 + 12^2 = 13^2\\x^2 +144 = 169\\-144\\x^2 = 25\\x=\sqrt{25} \\x=5[/tex]

x = 5 units

At the end of the day, I choose you.

Answers

Answer:

For real

Step-by-step explanation:

Other Questions
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