Find the accumulated value of an investment of $20,000 for 7 years at an interest rate of 5.5% if the money is:
a. compounded semiannually
b. compounded quarterly
c. compounded monthly
d. compounded continuously.

---Round answers to nearest cent

Answers

Answer 1

Answer:

See below

Step-by-step explanation:

Given:

Investment P = $20000Time t = 7 yearsInterest rate r = 5.5% = 0.055

a. compounded semiannually, n = 2

[tex]A = P*(1 + r/n)^{nt} = 20000(1+0.055/2)^{2*7} = 29239.88[/tex]

b. compounded quarterly, n = 4

[tex]A = P*(1 + r/n)^{nt} = 20000(1+0.055/4)^{4*7} = 29315.30[/tex]

c. compounded monthly, n = 12

[tex]A = P*(1 + r/n)^{nt} = 20000(1+0.055/12)^{12*7} = 29366.44[/tex]

d. compounded continuously

[tex]A = Pe^{rt}=20000*e^{0.055*7}=29392.29[/tex]

Related Questions

I'm not sure how I can find my answer, any help?

Answers

Answer:

The next number would be 3

Step-by-step explanation:

As you can see its a repeating pattern of "1739"

Answer:

3

Step-by-step explanation:

1 7 3 9 1 7 3 9 1 7 3 9 1 7 3 9 ...

Looking at the two, 7[tex]a^{4} b^{2} c^{2} and14abc^{6}[/tex]

what is the GCF of these

Answers

Answer:

[tex]7abc^{2}[/tex]

Step-by-step explanation:

Help me guys here
NonSense Answer=Report​

Answers

Just put the numbers in the calculator, write them down and then compare what integers are between the given numbers

Solve the equation for X x - 5 = 12​

Answers

Answer:

X= 17

Step-by-step explanation:17-5 = 12 (Just add 12 and 5 for answer)

Answer: x=17

Add 5 on both sides

x-5+5=12+5

x=17

Step-by-step explanation: Hope this helps!

If you are having a tough time with math you can use:

khanacademy,

mathnation,

and many other free sources

a) The simplest form of 20
100
is _____________.

b) The mixed fraction of 80
9
is _____________.

c) When we convert 13 5
7
to an improper fraction, we get __________.

d) In a basket of 27 mangoes, 6 are rotten. This statement can be written as a fraction
as (give the answer in the simplest form) ___________.

Answers

[tex]a) \: \: \frac{20}{100} \\ = \frac{1}{5} \\ b) \: \: \frac{80}{9} \\ = 8 \frac{8}{9} \\ c)13 \frac{5}{7} \\ = \frac{96}{7} \\ d) \frac{6}{27} \\ = \frac{2}{9} [/tex]

what equation is perpendicular to the equation 4y=x-36

Answers

Answer:

y=6 and x=9

Step-by-step explanation:

Ur dad left you IMAO go look for your dad

Which of these provides the best evidence that an environmental change has occurred?

Answers

Answer:

after a dry periods lasting many years only a few individuals of a tree population survive and then produce drought tolerant offspring.

Step-by-step explanation:

If a square has a perimeter of 36cm how long is each side of the square

Answers

Answer:

9 cm

Step-by-step explanation:

→ Remember how many sides a square has

4

→ Divide it by the perimeter

36 ÷ 4 = 9

Step-by-step explanation:

you know what a square is ?

it is a closed shape with 4 sides.

all 4 sides are equally long.

all 4 inner angle are 90 degrees.

you know what a perimeter is ?

it is the circumference, the whole way one time around the shape, around the outline of a given structure.

if you don't know the terms, for heaven's sake, please ask your teacher, your friends, your parents or us here directly.

don't wait. don't be afraid or ashamed.

because this here is an extremely simple problem to solve, once you understand the words used.

so, as per the explanations, the perimeter of a square is the sum of the lengths of all sides. and because all sides are equally long, this means the perimeter is simply 4 times the length of one side.

36 = 4×side

side = 36/4 = 9cm

so, each side of the square is 9cm long.

2. Kirk is reading a science fiction novel. After his first 20 minutes of reading, he sees that he's read 32 pages of
the book. If the book is 375 pages long, which of the following is closest to the total time it will take him to
finish the book?

Answers

20 mins = 32 pages
375 pages / 32 = 11.7
11.7 x 20mins = 3.9 hours so 234 minutes

It will takes him 234 minutes to read 375 pages

The total time that should be taken by him to finish the book is 3.9 hours.

Given that,

There are 20 minutes of reading for 32 pages of the book.Now there are 375 pages.

Based on the above information, the time taken should be

[tex]= 375 \times 20 \div 32[/tex]

= 234.375 minutes

Now in hours it should be

[tex]= 234.375 \div 60[/tex]

= 3.9 hours

Therefore we can conclude that the total time that should be taken by him to finish the book is 3.9 hours.

Learn more: brainly.com/question/22271063

Find the two numbers whose sum is54 and whose difference is 4

Answers

Answer: I can not see the picture

Step-by-step explanation:

can you show it?

Sum of 54: X + Y = 54
Difference is 4: X - Y = 4

Solve for one variable first.

X = 4 + y (rewritten from second equation)

Now plug into the first equation for x

4 + y + y = 54
4 + 2y = 54 (subtract 4)
2y = 50 (divide by 2)
Y = 25

Now use Y to solve for X

X - 25 = 4 (add 25 on each side)
X = 29

HELP LAST ATTEMPT ??!!

Answers

Answer:

x=26

Step-by-step explanation:

x+11+2x+1+90=180 [Angles in a straight line]

3x=180-102

x=78/3

x=26

or,

x+11+2x+1=90 [Complementary angles]

3x=90-12

x=78/3

x=26

xy? - 2x+y when x = 2 and y=-3
What is the answer

Answers

The answer is 1
Pls give brainliest ❤️❤️

Answer:

Step-by-step explanation:

-2x+y

-2x2+-3

-4+-3

7

Sorry I ain’t know why it look like that buh can someone help asap

Answers

Answer:

[tex]for \: \: dmain \: of \: {f}^{ - } \: \: is \: equal \: f \: range \\ y = \sqrt{x } - 5 \\y \: range \: is \: y \geqslant - 5\\ y + 5 = \sqrt{x} \\ x = {(y + 5)}^{2} \\ {f}^{ - 1} = {(x + 5)}^{2} \\ \\ dmain \: of \: \: {f}^{ - 1} \: x \geqslant - 5[/tex]

−1−(−5x)−2x+2x 2 +7
Simplify this expression as much as possible

Answers

Answer:

Hello, the simplified expression would be:

7x + 6

solve pls brainliest

Answers

Answer: A= 304 feet B=1460

Step-by-step explanation:

What is the median of this data set 15, 33,51,51,75

Answers

The median would be 51

Answer:

51

Step-by-step explanation:

1. The median of a data set is the middle number within the data points.

2. As you can see, when you cross out each number from left to right then left to right again, you end up with 51 standing by itself. Therefore, the median is 51.

e. A set of observations has a mean of 9.0 and standard deviation 4.0. Another set of 20 observations has a mean of 10.0. Given the standard deviation of the combined set of 35 observations is 3.0, find the variance of the second set.

Answers

From the combined standard deviation, with the mean, and standard

deviation of the data sets, the required variance can be found.

[tex]\underline{\mathrm{The \ variance \ of \ the \ second \ set \ is} \ 4\dfrac{5}{28}}[/tex]

Reasons:

The given data information are;

Mean of the first set of observation, [tex]\overline x_1[/tex] = 9.0

Standard deviation of the the first set, σ₁ = 4.0

Sample size of second observation, n₂ = 20

Mean of second sample, [tex]\overline x_2[/tex] = 10

Standard deviation of the combined set, σ₁₂ = 3.0

Sample size of combined set of observation, n₂ = 35

Solution:

The number of elements in the second sample, n₁ = 35 - 20 = 15

The standard deviation of the combined set is given by the formula;

[tex]{\sigma_{12}} = \mathbf{\sqrt{\dfrac{n_1 \cdot \left ( \sigma^2_{1}-d_1^2 \right ) + n_2 \cdot \left ( \sigma^2_{2}-d_2^2 \right )}{n_{1}+n_{2}}}}[/tex]

Where;

[tex]\overline x_{12} =\mathbf{\dfrac{n_1 \cdot \overline x_1 +n_2 \cdot \overline x_2 }{n_1 + n_2}}[/tex]

Therefore;

[tex]\overline x_{12} =\dfrac{15 \times 9.0 +20 \times10.0 }{15 + 20} = \dfrac{67}{7}[/tex]

d₁ = [tex]\mathbf{\overline x_{12}}[/tex] - [tex]\mathbf{\overline x_1}[/tex]

[tex]d_1 = \dfrac{67}{7} - 9.0 = \dfrac{4}{7}[/tex]

d₂ = [tex]\mathbf{\overline x_{12}}[/tex] - [tex]\mathbf{\overline x_2}[/tex]

[tex]d_2 = \dfrac{67}{7} - 10.0 = -\dfrac{3}{7}[/tex]

Therefore;

[tex]3=\sqrt{\dfrac{15 \times \left ( 4.0^2-\left(\dfrac{4}{7}\right) ^2 \right ) + 20 \cdot \left ( \sigma^2_{2}-\left(-\dfrac{3}{7}\right) ^2 \right )}{15+20}}[/tex]

Solving gives;

[tex]Variance, \ \sigma^2_2 = \mathbf{\dfrac{{117} }{28}}[/tex]

[tex]\mathrm{The \ variance \ of \ the \ second \ set, \ \sigma_2^2} = \dfrac{{117} }{28} = 4\dfrac{5}{28}[/tex]

Learn more here:

https://brainly.com/question/16869429

If you continue operating the tractor at its current level, how man
fertilize in the next hour?
A. 5.96 acres
B. 11.92 acres
C. 12.92 acres
D. 19.87 acres

Answers

Answer:

D. 19.87 acres

Step-by-step explanation:

do not put heart if wrong and put heart if correct

Alicia has hair that is 32 inches long. She asks the hairdresser to cut off 1/4 of the total length of her hair.

How many inches does the hairdresser cut?

Answers

Answer:

hairdresser cuts 8 inches

Step-by-step explanation:

32 ÷4 =8

103.468 round this to the nearest liter

Answers

Answer:

103

Step-by-step explanation:

So the .4 in the tenths place is less than 5 it is rounded down/stays the same so its 103

Hope this helps!!

Have a nice day! :D

The larger trapezoid is dilated form the
smaller trapezoid

Answers

Answer:

are there any equations for this possibly? and if not it is just a smaller scale version of the dilated trapezoid.

I NEED A 100% ACCURATE ANSWER FOR THIS QUESTION ASAP NO LINKS !!!

Answers

Answer:

The first choice

Step-by-step explanation:

h=-3

hope it helps

Solution:

[tex]5h - 2 = 3h + 4 \\ = > 5h - 3h = 4 + 2 \\ = > 2h = 6 \\ = > h = \frac{6}{2} \\ = > h = 3[/tex]

Answer:

Option d. 3

A toy store marks down all of its items by 15%. If a package of pokemon cards costs $4.99, what is the new price with the markdown? Round to the nearest cent

Answers

Answer:

$4.24

Step-by-step explanation:

100%-15%=85%

85/100x4.99=4.2415

4.2415 rounded off to nearest cent =4.24

Hope this helps! Thanks.

Hi please help me i need it, thanks

Answers

Answer:

perimeter: 20.1

area: 22.1

Step-by-step explanation:

Answer:

The formula to find the are of a parallelogram is = base x height

so the base is 3 1/4 x the height is 6. so now it will be

3 1/4 x 6

you now multiply it to get the area.

So the area I am getting for this is 16 1/2 cm2.

It might be wrong but there you go.

Make as brainiest

The angles of a triangle are A, B and C.
Angle A is three times as big as angle B.
Angle B is half the size of angle C.
What is the size of angle A?

Answers

Answer:

∠A = 90°

Step-by-step explanation:

∠A = 3∠B

∠B = 1/2 × (∠C), this can also be written as ∠C = 2∠B

∠A + ∠B + ∠C = 180, because there are 180° inside a triangle

Write angle A, B and C in terms of angle B:

3 ∠B + ∠B + 2 ∠B = 180

Simplify:

6 ∠B = 180

∠B = 180 ÷ 6 = 30°

Work out angle A:

∠A = 3∠B = 3 × 30°

∠A = 90°

Is this sequence arithmetic? (Hint: determine if there is a common difference)


7, 18, 29, 40


A) yes

B) no

Answers

Yes because you add 11 each time
18-7=11
29-18=11 ……
Please mark brainelist

HELP!!!!! Someone answer ASAP PLEASE!!!!

Answers

Answer:

thay are independent

Step-by-step explanation:

I only know that they are independent but Don't really know how to explain and do step by step.

Answer:

a, =to 13 and B, is to 45 and C,13 D, 14 of tells

Evaluate the following. Enter the answer as a simplified fraction.
sin(-11pi/6)cos(4pi/3)

Answers

Answer:  -25/100 or -1/4

Sorry if its wrong, Happy To Help

Step-by-step explanation:

What is the equation of this line? A) y=-2x B)y=-1/2x C)y=2x D)y=1/2x

Answers

Answer:

y = -1/2 x

Step-by-step explanation:

Option B is the correct answer.

The thermostat for a house is set to 70°F, but the actual temperature may vary by as much as 4°F. Use an
absolute value inequality to find the range of possible temperatures in the house.
The range of possible temperatures in the house (in degrees Fahrenheit)

Answers

Answer:

Step-by-step explanation:

74’F

Answer:

The range of possible temperatures in the house (in degrees Fahrenheit) is 60° F ≤ T ≤ 74°F

Step-by-step explanation:

To Find:

The range of possible temperatures in the house

Solution:

Given:

Thermostat is set to 70 °

Also actual temperature may by a much of 4°

If the temperature is 4°F lower, and actual temperature = 70°- 4° = 66° F

If the temperature is 4°F higher, actual temperature = 70°+4° = 74°

Therefore, The range of possible temperatures in the house (in degrees Fahrenheit) is 60° F ≤ T ≤ 74°F

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