Tim has been saving for a down payment on a car. He invested $4,000 in an account earning 2.5% interest compounded semi-annually. After 7 years, he is ready to buy his new car. How much does he have in his account for a down payment? Round your answer to the nearest cent. Do NOT round until you have calculated the final answer.

Answers

Answer 1

Answer:

$4754.4

Step-by-step explanation:

The expression for compound interest is given as

A=P(1+r)^t

given data

P=$4,000

r=2.5%= 0.025

t=7years

The final amount can be solved as

A=4000(1+0.025)^7

A=4000(1.025)^7

A=4000*1.1886

A=4754.4

The amount on the account is $4754.4


Related Questions

1. Refer to the equation 2x - 6y = 12.
(a) Create a table of values for at least 4 points. Show your work.
(b) Use the table of values to graph the line.
5
4
3
2+
1 +
X
-6 -5 -4 -3 -2 -1
1
2
3
4
5
6
-1
-24
-3
-4+
-5
6t

Answers

Answer:

answer is 2 got it correct on edge 2021

Step-by-step explanation:

HELPPPPPP OMGGGG PLZZZZZZZZ

Answers

the area is 54,

For finding the area of a triangle you do length time height divided by 2

6 x 18 = 108

108 divided by 2 = 54 units²

help please can someone show me how to solve this

Answers

Answer:

Step-by-step explanation:

so first make an equation...

10x=2x-32

then do distributive property

10x-2x=2x-32-2x

8x=-32

then divide negative 32 by 8

x= negative 4

2\3n = -12 what value of n makes this equation true

Answers

Answer:

-0.055555555555556

Step-by-step explanation:

Please help me, this is assignment is due soon.
Kirk claims that he is thinking of a number in his head. He states that if he doubles the number he is thinking of and adds this result to five more than the number the sum will be two more than three times the original number he was thinking about.
Could the number Kirk is thinking of be 10? Justify.
Which number, if any, is Kirk thinking of? Justify.

Answers

Answer:

False because after you solve the equation it is less than 30

3 is the correct answere

Step-by-step explanation:

2x+5=3x+2

-2x. -2x

5=x+2

-2. -2

3=x

Write an expression to represent the water temperature after the submarine’s final dive. Then simplify the expression to find the temperature.

Answers

Answer:

63.25°F − 2.2°F = 61.05°F

Step-by-step explanation:

Answer:

61 1/20 °F

Step-by-step explanation:

63 1/4 °F  -2 1/5 °F =61 1/20 °F

Simplify this equation:

6(x−3)+20

Answers

6x-18+20

combine like terms

6x+2

Answer:

6x + 2

Step-by-step explanation:

Apply the distributed property, so it now looks like this: 6x - 18 + 20Combine like terms: 6x + 2

I hope this helps!

Hello! Can someone explain Scientific Notation in math? Thank you so so much!

Answers

Answer:

Scientific notation is a mathematical expression used to represent a decimal number between 1 and 10 multiplied by ten, so you can write large numbers using less digits. An example of scientific notation is when you write 4 x 10³ for 4,000. noun. 7. 0.

Step-by-step explanation:

how.would i solve this

Answers

Triangles LNM and SRT are similar, so corresponding angles are congruent. In particular, angles M and T are congruent. The interior angles of any triangle sum to 180º in measure, so

65º + 55º + (2x + 30)º = 180º

Solve for x :

(2x)º + 30º = 60º

(2x)º = 30º

x = 15

determine whether each number is a solution of the given inequality 2m - 4 > 10

Answers

Answer:

what this question make NO sence. please elaborate.

Step-by-step explanation:

‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍  ‍


Shoes are $50 a pair. Brian got $250 for his birthday. Which of the following is an equation to solve for this?

Answers

Answer:

We need the options But I’m guessing 50 + x = 250

Step-by-step explanation:

Solve for X
-9x - 8+5x=28

Answers

Answer:

X=-9

Step-by-step explanation:

X = -9

plug it in and see what works -9 is the only one you can plug in to get 28

What is the value of x in the equation below?
-3-(-8)-(-2)= X
-13
3
ОО

Answers

Answer:

log2 8=c

Step-by-step explanation:

Answer:

7

Step-by-step explanation:

-3-(-8)-(-2)=

-3+8+2=

7

PLEASE HELP, WILL MARK BRAINLIEST!! Olives are sold at the supermarket salad bar. A customer scoops the olives into a container and pays by weight, but the price he pays is reduced to account for the weight, but the price he pays is reduced to account for the weight of the container (the tare weight). The prices for two different total weights are given in the table. What is the y-intercept?​

Answers

According to my calculations, the y intercept is 22.8

10.2•.78

please show work, it’s for a test.

Answers

Answer:7.956

Have a good day

Step-by-step explanation:

Answer:

7.956

Step-by-step explanation:

10.2*0.78 can be rewritten as 102*78*0.001. I'd split this even further, since I'm doing it in my head, into (100*78+2*78)*0.001. One step at a time.

100*78=7800

2*78=140+16=156

7800+156=7856+100=7956

7956*0.001=7.956, which is the answer, and is confirmed by a calculator

How many significant figures are in the number 4005?

Answers

Answer:

4

Step-by-step explanation:

Write down the value of 3 in the number 4302

Answers

300 is the correct answer

The value of 3 in 4302 is the hundreds place.

300

the area of a circle is 36pi cm^2, what is the radius of the circle

Answers

Answer:

6

Step-by-step explanation:

So, to find the area of the circle you use the equation pi r^2, so we need to do this in reverse to find the radius, r.
So we can set up this equation:
36pi = pi r^2
So if we divide by pi on both sides we get
36 = r^2
Then we square root both sides:
6 = r
So the radius is 6cm

please answer this I really need help if you just take my points ill report I just need help pleassesssseessesesee!!!!!!!! (15 points!)

Answers

Answer:

1.b 2.a      i hope this is right

Step-by-step explanation:

Cantrise surveyed 100 students about their favorite
type of music. After she makes the graph, she receives
two more votes for rap. What is the new ratio of rap to
total types of music?

Answers

Answer: 2:100

Step-by-step explanation:

Helppppp please !!!!!​

Answers

Answer:

The answer is A) 1/8^2

Step-by-step explanation:

Both of the equations simplified equal 1/64.

Chapter 3 - What is the Slope?

Answers

Answer:

The Slope is 2

Step-by-step explanation:

Hope This Helps!

Plz Mark Brainiest!

The multiplication table below can be used to find equivalent ratios

Which ratio is equivalent to the ratio 18:24?
15:20
20:15
30:36
36:30

Answers

Answer:

15 20

Step-by-step explanation:

Answer:

15:20

Step-by-step explanation:

Which of these sequences of transformations would not return a shape to its original position?


Group of answer choices


1. Translate 3 units up, then 3 units down.


2. Reflect over line p, then reflect over line p again.


3. Translate 1 unit to the right, then 4 units to the left, then 3 units to the right.


4. Rotate 120∘ counterclockwise around center C, then rotate 220∘ counterclockwise around C again.

Answers

Answer:

4.  Rotate 120∘ counterclockwise around center C, then rotate 220∘ counterclockwise around C again.

Step-by-step explanation:

Option 1, 2 and 3 will return a shape back to its original because:

1. 3 units up and 3 units down are direct opposite and will cancel out one another. Hence, the shape will return to its initial position.

2. Reflect over line p, and over p again.

This actions are also direct opposite and also have the same effect as (1)

3. Translate 1 unit to the right and 3 units to the right.

This equates to 4 units to the right and it will cancel out the translation of 4 units to the left.

4. Rotate 120 counter clockwise and another 220 counterclockwise will not make a shape go back to its original position.

Hence:

4 answers the question

Which list shows all the factors of 18?

Answers

Answer:

1, 2, 3, 6, 9, and 18 are factors of 18

Step-by-step explanation:

anything that divides into 18 evenly are factors of 18

Answer:

1

2

3

6

9

18

Step-by-step explanation:

what is 55 to 35? :)

Answers

Answer:

19.25%

Step-by-step explanation:

If you are asking 35% of 55 then this is your answer.

f(x)=-x^2+3 pls help

Answers

Answer:

answer = -1

.-(-2)^2 +3 = -4 +3 = -1

If -2z+3=9 what is the value of 2/3z?

Please Explain the steps.

Answers

Answer:

-2

Step-by-step explanation:

1.Subtract 3 from both sides and the equation is -2z=6

2.Divide both sides by -2 and the equation is z=-3

3.Multiply -3 by 2/3 and you get -2

Answer:

2/3z = -2

Step-by-step explanation:

1. First you want to find out what z is, so you have to solve for z.

2. To solve for z, first subtract 3 from the 3 and the 9. 3 minus 3 is equal to 0, so it cancels out. 9 minus 3 is equal to 6.

3. The new equation is -2z = 6, so now you have to divide -2z by -2 and 6 by -2. -2z divided by -2 is equal to 1z or z, and 6 divided by -2 is equal to -3.

4. The simplified equation is z = -3.

5. Now that we solved for 1z, we have to solve for 1/3 by dividing 1 by 3 and -3 by 3. 1 divided by 3 is 1/3, and -3 divided by 3 is -1.

6. We have solved for 1/3z (1/3z = -1), but now we want to solve for 2/3z so we have to multiply 1/3z by 2, and -1 by 2. 1/3z times 2 is 2/3z, and -1 times 2 is equal to -2.

7. The simplified equation for the value of 2/3z in the equation -2z + 3 = 9 is 2/3z = -2

Simply the expression 12.3+ 5.6- 4.8

Answers

Answer:

13.1

Step-by-step explanation:

Answer: 13.1

Step-by-step explanation: 12.3+ 5.6- 4.8 = 13.1

A pie recipe calls for 2 cups of flour, 3 ½ cups of pecans, and 1 ¼ cups of brown sugar. Mrs. Johnson wants to double the recipe because Ms. Olusanya, Mr. Dinh, and Mr. Kazadi are coming for dinner. Which of the following expressions can NOT be used to find the tota
l number of cups of ingredients that Mrs. Johnson needs?

Answers

Answer:

- 4 cups of flour

- 7 cups of pecans

- 2.5 cups of brown sugar

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