When Maddy was born, her aunt opened a certificate of deposit in her
honor to help send her to college some day. Now at the age of 18, there is
$39,322 in Maddy's account. How much did her aunt originally invest if
the interest rate was 5.5%? Round to the nearest dollar.

Answers

Answer 1

Given the final amount of money available in Maddy's account, the interest rate and the time elapsed, the initial money her aunt invested was $15,000.

What is an interest in banking?

Interest is simply the amount of money a lender or financial institution receives for lending out money or pays for receiving money.

The formular for calculating compound interest is expressed as;

A = P(1 + r/n)^(n*t)

Where A is final amount, P is initial principal balance, r is interest rate, n is  number of times interest applied per time period and t is number of time periods elapsed.

Given the data in the question;

Interest rate r = 5.5% anuually = 5.5/100 = 0.055Final amount A = $39,322 Time r = 18 yrsInitial principal balance P = ?

We substitute our given values into the expression above.

$39322  = P(1 + 0.055/1)^(1*18)

$39322  = P(1 + 0.055)^(18)

$39322  = P(1.055)^(18)

P = $39322 / (1.055)^(18)

P = $39322 / 2.621466

P = $15,000

Therefore, given the final amount of money available in Maddy's account, the interest rate and the time elapsed, the initial money her aunt invested was $15,000.

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Related Questions

drag each tile to the type of interest rate it describes
nominal interest rate
Real Interest Rate
the stated interest rate on an
considers Inflation
does not consider Inflation
reveals purchasing power
account
reflects the actual monetary
can be negative

Answers

Answer:

Nominal Interest Rate: Does not consider inflation  provides a sense of  purchasing power

Real Interest Rate: It describes the stated interest rate on  an account  and also considers inflation

Step-by-step explanation:

Real interest rate  can be defined as the Nominal interest rate minus the inflation rate.

Nominal Interest Rate is the interest rate without taking into account the inflation

Answer:

NOMINAL INTEREST RATE:

1. The stated interest rate on an account.

2. Does not consider inflation.

3. Reflects the actual monetary amount earned

amount earned

REAL INTEREST RATE :

1. Considers inflation.

2. Reveals purchasing power.

3. Can be negative

Step-by-step explanation:

I literally just took this quiz and got them all correct.

The gravitational force ona abody falling towards the earthb is directly proportional to the mass of the body the gravitiaional force on the body js 2 kg is 19.6 newtons

A. Write a direct variation equation relating the mass x and the gravitational force y on the falling body


B. Using your equation from 4.a find the gravitaional force of an object with the mass of 5kg

Don't RIP OFF OR I WILL REPORT

Answers

Answer:

A. y = 9.8xB. 49 Newtons

Step-by-step explanation:

Direct proportional relationship formula

y = kx, where y- dependent variable, x- independent variable, k- coefficient of proportionality

Given values

x = 2 kgy = 19.6 N

Find the value of k using the formula

19.6 = 2kk = 19.6/2k = 9.8

Part A

The equation for this case is

y = 9.8x

Part B

Find the value of y when x = 5

y = 9.8*5 = 49 N

Answer:

A.  y = 9.8x

B.  49 newtons

Step-by-step explanation:

Part A

Definition of the given variables:

x = mass in kgy = gravitational force in newtons

If the gravitational force is directly proportional to the mass, then:

   [tex]y \propto x \implies y=kx \quad \textsf{(for some constant k)}[/tex]

Given:

x = 2 kgy = 19.6 newtons

Substitute the given values into the equation and solve for k:

[tex]\implies 19.6=2k[/tex]

[tex]\implies k = 9.8[/tex]

Therefore, the direct variation equation is:  [tex]y=9.8x[/tex]

Part B

To find the gravitational force of an object with mass of 5 kg, substitute x = 5 into the found equation from part A and solve for y:

[tex]\implies y=9.8(5)[/tex]

[tex]\implies y=49\:\: \sf newtons[/tex]

f(x)=(x−6) 2 −12.25 What are the zeros of the function? What is the vertex of the parabola?

Answers

Answer: Zeroes: 2.5 and 9.5   Vertex: (6, 12.25)

Step-by-step explanation:

:) Done on khan

I need answer bahahhsbshana

Answers

Answer:

answer is abraham lincoln

Step-by-step explanation:

what number has an opposite of 18 and an absolute value of 18

Answers

Answer:

-18

Step-by-step explanation:

By opposite, I believe this is talking about the sign. Note that taking an absolute value of a number always results in a positive number.

|-18| = 18

Answer:

-18, 18

Step-by-step explanation:

Opposite means negative becomes positive, and positive becomes negative. Absolute value is distance from zero. It is 18 away from zero. Opposite of 18 is -18.

Use the coordinate plane to write the ordered pair corresponding to point M. Six points are plotted on a coordinate plane. The horizontal axis is labeled x and it ranges from 0 to 8. The vertical axis is labeled y and it ranges from 0 to 8. Point T is plotted 5 units up from the origin. Point R is plotted 2 units to the right of the origin. Point Q is plotted 2 units to the right of the origin and 7 units up. Point P is plotted 6 units to the right of the origin and 1 unit up. Point N is plotted 7 units to the right of the origin and 6 units up. Point M is plotted 8 units to the right of the origin and 8 units up.

Answers

Answer:

where's the images and what are the coordinates?

Step-by-step explanation:

the temperature in mayfield at 6pm was 5 degrees fahrenheit. by 11pm the temperature dropped 9 degrees. enter the temp in degrees fahrenheit at 11pm

Answers

Answer: the answer is - 4

Step-by-step explanation:

Ok so it decrased by 9 degrees so what you do is 5 - 9 which would be negative four.    -4

Answer:

-4°F

Step-by-step explanation:

Starting temp minus amount dropped gives ending temp.

5 - 9 = -4

What is the perimeter of polygon ABCD?



OA. 28 units
OB. 32 units
OC. 36 units
OD. 44 units

Answers

See attached screenshot

:)

Question 13 of 25
True or false? The graph represents a function

Answers

Answer:

B. False

Step-by-step explanation:

This graph is not a function. The graph fails the Vertical Line Test.

NO LINKS!!! Please help me with this match​

Answers

Step-by-step explanation:

Corresponding angles of similar figures are congruent.

Angles with vertex of same order number are corresponding.

m∠U = m∠C = 97°m∠V = m∠D = 124°m∠T =m∠B = 102°

Answer:

m∠U =97°

m∠V = 124°

m∠T = 102°

Step-by-step explanation:

As  TUVWX ~ BCDEF  then the corresponding interior angles are the same.

Therefore:

m∠T = m∠B = 102°

m∠U = m∠C = 97°

m∠V = m∠D = 124°

m∠W = m∠E = 101°

m∠X = m∠F = 116°

What is the approximate volume of the cylinder? Use 3.14 for T.
5 in.
16 in.


A. 126 in.
B. 153.86 in.
C. 1,256 in.
D. 7,121.52 in.

Answers

A cylinder is a three-dimensional structure formed by two parallel circular bases connected by a curving surface. The volume of the cylinder with a radius of 5 inches and a height of 16 inches is 1256 in³.

What is a cylinder?

A cylinder is a three-dimensional structure formed by two parallel circular bases connected by a curving surface. The circular bases' centres overlap each other to form a right cylinder.

Given the radius of the cylinder is 5 inches, while the height is 16 inches, therefore, the volume of the cylinder will be,

Volume of the cylinder = πr²h = π×(5)²×16 = 1,256.637 in³ ≈ 1,256 in³

Hence, the volume of the cylinder with a radius of 5 inches and a height of 16 inches is 1256 in³.

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What is the area of the shaded region of the figure?

Answers

Answer:

B, 25.9 pi

Step-by-step explanation:

360 - 170 = 190

r= 7

pi 7^2 = 49 pi

49/2 = 24.5 pi

24.5 + 1.4 = 25.9 pi

ASA and AAS Congruence
State if two triangles are congruent. If they are, state how you know.

Answers

Answer:

NO

Step-by-step explanation:

They are not bc they are rotated and theyfore not the same exatly. The are similar NOT congruent.

FIND THE EXACT AREA OF THE SHADED
PLEASE HELP ILL GIVE BRAINLIESTTTTTT

Answers

1)
area of half of the circle: 628.32
are of parallelogram: 4000
Exact area of shaded: 3,371.68 cm squared.
The answer to the equation under the shape is: A = 4000 - 628.32 π in²

2)
area of both circles added together: 173.18
full area of rectangle: 220.5
Exact area of shaded: 47.32
The answer to the equation under the shape is: A = 220.5 - 173.18 π in²

Hope this helps!
Please give Brainliest!

HELP PLEASE!! ASAP, Find the surface area of the sphere. Round your answer to the nearest hundredth.

Answers

Answer:

201.06

Step-by-step explanation:

A=4πr2 is the equation (r being radius)

4·π·(4)2≈201.06193

Please help fast! 100 POINTS

Answers

Answer:

65

Step-by-step explanation:

Answer: the answer is 41

Step-by-step explanation: 4+2+3+3+6+2+5+3+6+7=41

What is the coefficient of x in 2x+3?

Please answer?

Answers

Answer:

coefficient of x is 2

Step-by-step explanation:

genshin impact is the bestt

Answer:

2

Step-by-step explanation:

2x together is the variable term the x is the variable number and the number beside it is the coefficient and the other number is the constant

Which of the following is a polygon?

Answers

Explanation:

A shape can only be classified as a polygon if:

(1) There must be no curves in the shape.(2) The shape is not opened. It has to be closed.(3) The sides of the shape must not intersect each other.

                                                                                                                           

Option A

We can see that the figure is opened. Therefore, the shape is not a polygon. According to (2), to classify a shape, a polygon, the shape must not be opened.

Therefore, this shape is not a polygon.

                                                                                                                           

Option B

This shape is a polygon because it has no curves, it is not opened, and the sides of the shape are not forming an intersection.

Therefore, this shape is a polygon.

                                                                                                                           

Option C

This figure has a side length intersecting another side length. Therefore, this figure is not a polygon. According to (3), to classify a shape, a polygon, the sides of the shape must not intersect each other.

Therefore, this shape is not a polygon.

                                                                                                                           

Option D

This figure is not a polygon because a side length of the figure is curved. According to (1), To classify a shape, a polygon, there must be no curves in the shape.

Therefore, this shape is not a polygon.

                                                                                                                           

Hence, Option B is correct.

-2x - 3y = -7
y = 6x - 11
O (4,3)
• (2,1)
O (1,2)
O (2,3

Answers

Answer:

[tex]B.(2,1)[/tex]

Step-by-step explanation:

what are the solutions of the equation f(x)=g(x)
0
1
2
3
4

Answers

Answer:

(1, 0 ) and (3, 6 )

Step-by-step explanation:

we are looking in the table for values of x that give both f(x) and g(x) the same value.

x = 1 → f(x) = g(x) = 0

x = 3 → f(x) = g(x) = 6

then the solutions to f(x) = g(x) are

(1, 0 ) and (3, 6 )

Answer:

1

3

Step-by-step explanation:

According to the table :

f(1) = 0 = g(1) ⇒ 1 is a solution to the equation f(x) = g(x)

f(3) = 6 = g(3) ⇒ 3 is a solution to the equation f(x) = g(x)

What is the range of this set of numbers?
8,4,5, 0, 6, 2, 6, 10, 6,3
O A. 6
B. 5
O C. 10
O D. 9

Answers

Answer:

B. 5

Step-by-step explanation:

The range of a data set in statistics is the difference between the largest and the smallest values. While range does have different meanings within different areas of statistics and mathematics, this is its most basic definition, and is what is used by the provided calculator.

example, 2,10,21,23,23,38,38

38 - 2 = 36

Answer:

B. 5

Step-by-step explanation:

All you have to do is subtract the highest number by the smallest number so i just had to do:

8-3=5

What is the end behavior of the graph?

Answers

Answer:

As [tex]x[/tex] approaches infinity [tex]f(x)[/tex] approaches negative infinity.

Step-by-step explanation:

As you can see in the graph as [tex]x[/tex] grows larger in the negative direction, the [tex]y[/tex] increases in the negative direction too.

Thus:

[tex]\lim_{x \to -\infty} f(x) = -\infty[/tex]

The chart below shows the average cost that each gender spends on their senior prom at the local high school.

Answers

Answer:

Let me know if anything is unreadable !

A 2-yard piece of twine costs $20.94. What is the price per foot?

Answers

Answer:

$3.49

Step-by-step explanation:

If 1 yard = 3 foot

then A 2-yard piece of twine = 6-foot piece of twine.

20.94 per foot is 3.49

as 20.94/3.49.

thus the price per foot is $3.49

help me pleaseeeeeeeeeeeeeeeeeeee

Answers

Since the figure is a triangle, we must use the triangle area formula to solve the problem, which is [tex]A = \frac{1}{2} b h[/tex]. By using this formula, we can plug in the numbers shown. Then, we can multiply.

[tex]A = \frac{1}{2} * 5 *22[/tex]

[tex]A = \frac{1}{2} * 110[/tex]

[tex]A = 55^2[/tex]


The area of the triangle is 55 yards squared.

1. A home remodeling company charges a $50 consultation fee plus $150 per hour for labor.
[CG 3.0 F.IF-DOK3]
(a) Write an equation to represent the total cost of a job that takes "x" hours. (3points)
(b) How much would it cost if it takes 40 hours to complete a job? (3points)
(©) If you have $5000 to pay for the work, would it be enough for a job that takes 40
hours? Explain or show your reasoning. (2points)
(d) Would you describe this situation as linear or exponential? Explain why you think so.
(2 points)
Can someone please help me

Answers

An equation to represent the total cost of a job that takes "x" hours is "total cost = $50 + ($150 × x)". The situation can be described as linear.

What is an equation?

An equation is formed when two equal expressions are equated together with the help of an equal sign '='.

Given the cost of consulting is $50, while the cost of labour is $150 per hour.

A.) An equation to represent the total cost of a job that takes "x" hours.

Total cost = $50 + ($150 × x)

B.) Total cost is the labour works for 40 hours,

Total cost = $50 + ($150 × 40) = $6,050

C.) As found above the cost of working 40 hours is $6,050, therefore, the amount of $5,000 will not be enough.

D.) The situation can be described as linear.

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is -5 < 3 ? plsss and tyyyyyy​

Answers

Answer:

-5 is in the negatives, and 3 is positive, therefore greater than -5 three is greater than -5

yes thats correct because the five is a negative and the 3 is a positive, therefore that makes this true.

Find the indicated sum or difference 9-12:
9. 5+7
10. 7+(-9)
11. -5+20
12. -(-11)-7

Answers

Answer:

7,-2,15,4

Step-by-step explanation:

9. 7

10. -2

11. 15

12. 4

Find the slope pls help

Answers

Answer:

1.  Slope = 1

2. Slope = 3

3. Slope = -2

4. Slope = 2

Step-by-step explanation:

Okay so when we are finding the slope of two points we use the slope formula

[tex]slope = \frac{y_{2}-y_{1} }{x_{2}-x_{1}}[/tex]

PLEASE ANSWER, HELP MEEE

Answers

Answer:

your answer is 30 ..

hope this will help you!!

Surface Area of a Rectangular Prism

To find the surface area of a rectangular prism, we can use the following formula:

[tex]SA=2(lw+lh+wh)[/tex]

l = lengthw = widthh = height

Solving the Question

We're given:

l = 4 yardsw = 1 yardh = 3 yards

Plug the given measurements into the formula for surface area:

[tex]SA=2(lw+lh+wh)\\SA=2[(4)(1)+(4)(3)+(1)(3)]\\SA=2(4+12+3)\\SA=2(19)\\SA=38[/tex]

Therefore, the surface area of the rectangular prism is 38 yd².

Answer

38 square yards

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