You deposit $2000 in an account that pays 7% interest compounded semiannually. After 5 years, the interest rate is increased to 7.28% compounded quarterly. What will be the value of the account after a total of 10 years?

The value of the account will be $_____. (Round to the nearest dollar as needed.)

Answers

Answer 1

9514 1404 393

Answer:

  $4047

Step-by-step explanation:

For an interest rate r compounded n times per year for t years, the effective multiplier is ...

  (1 +r/n)^(nt)

The multiplier for the first 5 years is ...

  (1 +0.07/2)^(2·5) = 1.41059876

The multiplier for the last 5 years is ...

  (1 +0.0728/4)^(4·5) = 1.43437218

Then the account value at the end of 10 years is ...

  $2000(1.41059876)(1.43437218) ≈ $4047 . . . . balance after 10 years


Related Questions

how to calculate tax rebate​

Answers

Charge interest to the tax and you’ll get the rebate

Education reform is one of the most hotly debated subjects on both state and national policymakers’ list of socioeconomic topics. Consider a linear regression model that relates school expenditures and family background to student performance in Massachusetts using 224 school districts. The response variable is the mean score on the MCAS (Massachusetts Comprehensive Assessment System) exam given to 10th graders. Four predictor variables are used: (1) STR is the student-to-teacher ratio in %, (2) TSAL is the average teacher’s salary in $1,000s, (3) INC is the median household income in $1,000s, and (4) SGL is the percentage of single-parent households. A portion of the data is shown in the accompanying table.

Score STR(%) TSAL(in $1000) INC(in $1000) SGL(%)
227.0 19.00 44.01 48.89 4.70
230.67 17.90 40.17 43.91 4.60
. . . . .
. . . . .
230.67 19.20 44.79 47.64 5.10

Required:
a. For each explanatory variable, discuss whether it is likely to have a positive or negative causal effect on Score.
b. Find the sample regression equation. Are the signs of the slope coefficients as expected?
c. What is the predicted score if STR = 18, TSAL = 50, INC = 60, SGL = 5?
d. What is the predicted score if everything else is the same as in part(c) except INC = 80?

Answers

Answer:

A:

STR= -

TSAL= +

INC=+

SGL=-

B:

231.89 - .50 - .02 + .29 -.88

B2:

STR=Y

TSAL=N

INC=Y

SGL=Y

C:

234.89

D:

240.69

Step-by-step explanation:

Your cousin is building a sand box for his daughter

How much sand will he need to fill the box

how much paint does he need for the box

Answers

Answer:

volume of box(v)=l×b×h

=1×6×4

=24ft^3

so it required 24volume sand to fill the box

How much interest would $1,000 earn in one year at a rate of 6%, compounded annually? What would be the new balance?

Please, help me!

Answers

Answer:

The investment will generate $ 60 in interest, with which the new balance will be $ 1060.

Step-by-step explanation:

To determine how much interest would $ 1,000 earn in one year at a rate of 6%, compounded annually, and what would be the new balance, the following calculations must be performed:

1000 x (1 + 0.06 / 1) ^ 1x1 = X

1000 x 1.06 ^ 1 = X

1000 x 1.06 = X

1060 = X

Therefore, the investment will generate $ 60 in interest, with which the new balance will be $ 1060.

The origin is a point anywhere along the x-axis. True or False

Answers

Answer:

False

Step-by-step explanation:

The origin is at 0 on the x-axis, and 0 on the y-axis. Hence, (0,0) lies on both the axis.

hope this helps and is right. p.s. i really need brainliest :)

if my answer is wrong then i am incredibly sorry!

The statement "The origin is a point anywhere along the x-axis" is False.

What is Origin?

Origin is referred to as the first point or the starting point from which we begin our calculations or measurements in mathematics, particularly in the subject of coordinate geometry. The 0 on a ruler is the point at which we begin taking measurements; as a result, it is referred regarded as the scale's origin.

As, The intersection of the x and y axes in a coordinate plane is where the origin is located.

Coordinates can be used to name any point on the coordinate plane.

The coordinates are where the origin is ( 0, 0 ).

So, the x- coordinate is 0 and y- coordinates is 0.

Hence, the given statement is False.

Learn more about Origin here:

https://brainly.com/question/30135643

#SPJ2

Can someone pls help me?​

Answers

Answer:

26

Step-by-step explanation:

a complementary angle measures 90 degrees. minus the 64 would be 26

what factors determine the amount of interest earned on a fixed principal​

Answers

Answer:

The interest rate and the number of compounding periods best describe the factors that determine the amount of interest because they encompass the ideas of time and yield.

Step-by-step explanation:

Hope this helps!!!

please answer fast!!

Answers

Answer:

x=70

Step-by-step explanation:

[tex]2x + 1 = 141 \\ 2x = 140 \\ x = 70[/tex]

Answer:

x=70

Step-by-step explanation:

I hope i was right have a good day!!

In a classroom of 24 students, five-eighths of the students brought their lunch to school. How many of the students in the classroom does this represent?
(Explain how you got your answer please)

(1) 3
(2) 5
(3) 10
(4) 15
(5) 20

Answers

Answer:In my opinion 10 is the answer

hope it helps you

Jim, Dan, and David share some sweets in the ratio 6:2:1. Jim gets 25 more sweets than David. How many sweets are there altogether

Answers

Answer:

45 sweets.

Step-by-step explanation:

6:2:1

To solve how many Jim and Dan has I did 6 x n and 1 x n until the difference of the two numbers equaled 25.

6 x 5 = 30

1 x 5 = 5

30 - 5 = 25.

So, Jim as 30 candy and Dan has 1. How much does David have?

Just do the same thing but with 2 x n:

2 x 5 = 10.

Now add them together:

30 + 10 + 5 = 45.

Therefore, 45 sweets!

JUST THE SECOND ONE EASY PLS ASAP

Answers

Answer:

51

Step-by-step explanation:

Use an online calculator

5. Simplify
(7x2+ 8) - (x2 - 2)

Answers

Answer:

[tex](7 \times 2 + 8) - ( {x}^{2} - 2) \\ (14 + 8) - ( {x}^{2} - 2) \\ 14 + 8 - {x}^{2} + 2 \\ 22 + {x}^{2} + 2 \\ 24 + {x}^{2} [/tex]

ʰᵒᵖᵉ ⁱᵗ ʰᵉˡᵖˢ

Rectangle QRST is dilated with the origin as the center of dilation to create rectangle Q'R'S'T'.

Which rule represents the dial toon applied to rectangle QRST to create triangle QRST

Answers

Answer:

Rule: dilation about the origin by a scale factor of 2

Step-by-step explanation:

Given

See attachment for QRST and Q'R'S'T

Required

The dilation rule

First, we calculate the scale factor (k)

From the attachment, we have:

[tex]QR = 4[/tex]

[tex]Q'R' = 8[/tex]

k, is then calculated as:

[tex]k = \frac{Q'R'}{QR}[/tex]

[tex]k = \frac{8}{4}[/tex]

[tex]k =2[/tex]

Hence, QRST is dilated by a factor of 2

The relationship below is proportional true or false

Answers

Answer:

false.........

Step-by-step explanation:

......

What’s the correct answer for this?

Answers

Answer:

Step-by-step explanation: A

Answer:

A = 2

B= 2

C= -6

Step-by-step explanation:

1.  2x³ - 8x² -24x  -Factor

2. 2x (x² - 4x - 12) - Factor

3. 2x (x - 6) (x + 2)

   ax (x + b) (x + c)  

I need help solve this !! Pls help pls not links ;)

Answers

Answer:

A /  D /  E

Step-by-step explanation:

f (1) = 1

f(2) = 5

f(3) = 9

Pencils 6 18 Erasers 2 will mark brainlest​

Answers

Answer:

this is your answer as it lies in a same ratio..

Please help please please ASAP please please help please

Answers

Answer:

true

Step-by-step explanation:

the total surface area of a solid is the sum of all faces both the bottom (base) and the top

Trend lines
The scatterplot below shows several data
points and an approximate trend line for
the data.
у
350
300
250
200
150
100
SO
D 200 400 600
1.
Which is the best estimate of the value
of x that corresponds to the y value of
325? (8.18, 8.1C, 8.1E, 8.1F)
A 175
B 700
C 625
D 125

Answers

The answer is D fasho fasho

Fine the volume please

Answers

Answer:

212 m²

Step-by-step explanation:

4 x 4 x 5 = 80

6+6+50+30+40

Find the measure of arc HJ.

Answers

Answer:

98 degrees

Step-by-step explanation:

HJ = (5x - 7)

Because it's a full circle:

61 + 34 + (5x - 7) + (9x - 22) = 360

95 + (14x - 29) = 360

14x = 360 - 95 + 29 = 294

x = 21

HJ = 5x - 7 = 5 * 21 - 7 = 105 - 7 = 98

. You want to buy a new pair of shoes. You have a coupon for $15 off. Once you get to the store, you realize your shoes are on sale for 20% off, but you can't use both the sale price and the coupon. Which discount would offer a better deal if the original price of the shoes is $150? Explain your decision.​

Answers

Answer:

I would use the sale price.

Step-by-step explanation:

20% of 150 is 30. So, you get $30 off if you use the sale price rather then the $15 coupon.


I will give Brainiest

Answers

Jdjsjdkjdjxkxkeowppwpxñflflglflflf

Find m∠D

m∠D=

greatly appreciate if done asap:)

Answers

Should be 25 since triangle are 180 degrees

The Wall Street Journal Corporate Perceptions Study 2011 surveyed readers and asked how each rated the Quality of Management and the Reputation of the Company for over 250 world-wide corporations. Both the Quality of Management and the Reputation of the Company were rated on an Excellent, Good, and Fair categorical scale. Assume the sample data for 200 respondents below applies to this study.

Reputation of Company

Quality of management Excellent Good Fair
Excellent 40 25 5
Good 35 35 10
Fair 25 10 15

Required:
a. Use α = 0.05 level of significance and test for independence of the quality of management and the reputation of the company. What is the p-value and what is your conculsion??
b. If there is a dependence or association between the two ratings, discuss and use the probabilities to justify your answer.

Answers

Answer:

The calculated χ² =  17.0281    falls in the critical region χ² ≥  9.49  so we reject the null hypothesis that  the quality of management and the reputation of the company are independent and conclude quality of management and the reputation of the company are dependent

The p-value is 0 .001909. The result is significant at p < 0.05

Part b:

40 > 8.5

35> 7.5

25> 4

Step-by-step explanation:

1) Let the null and alternative hypothesis as

H0: the quality of management and the reputation of the company are independent

against the claim

Ha: the quality of management and the reputation of the company are dependent

2) The significance level alpha is set at 0.05

3) The test statistic under H0 is

χ²= ∑ (o - e)²/ e where O is the observed and e is the expected frequency

which has an approximate chi square distribution with ( 3-1) (3-1)=  4 d.f

4) Computations:

Under H0 ,

Observed       Expected E              χ²= ∑(O-e)²/e

40                      35.00                          0.71

25                      24.50                         0.01

5                         10.50                         2.88  

35                      40.00                         0.62

35                      28.0                          1.75

10                       12.00                           0.33  

25                      25.00                             0.00

10                        17.50                              3.21

15                       7.50                                 7.50  

∑                                                               17.0281

     

     

Column Totals 100 70 30   200  (Grand Total)

5) The critical region is χ² ≥ χ² (0.05)2 = 9.49

6) Conclusion:

The calculated χ² =  17.0281    falls in the critical region χ² ≥  9.49  so we reject the null hypothesis that  the quality of management and the reputation of the company are independent and conclude quality of management and the reputation of the company are dependent.

7) The p-value is 0 .001909. The result is significant at p < 0.05

The p- values tells that the variables are dependent.

Part b:

If we take the excellent row total = 70 and compare it with the excellent column total= 100

If we take the good row total = 70 and compare it with the good column total= 80

If we take the fair row total = 50 and compare it with the fair column total= 30

The two attributes are said to be associated if

Thus we see that ( where (A)(B) are row and columns totals and AB are the cell contents)

AB> (A)(B)/N  

40 > 1700/200

40 > 8.5

35> 1500/200

35> 7.5

25> 800/200

25> 4

and so on.

Hence they are positively associated

Two dice are tossed. Find the probability of getting the sum of the
dice equal to 16. (Hint: Draw a tree diagram of the possibilities of
two tosses of a die, and then find the sum of the numbers on
each branch.)

Answers

Answer:

Step-by-step explanation:

If you are talking about a die with 6 faces, then 16 isn't possible. 12 is the highest possible number.

If you are talking about some other kind of die, you have to specify it.

I'm going to assume you made a mistake and meant 6.

There are 5 ways to get six

3 - 3

4 - 2

2 - 4

5 - 1

1  - 5

There are  36 ways of throwing 2 dice.

So the probability = 5/36 = 0.1389

If you really did mean 16 then the probability = 0

Help help help help help

Answers

Answer: A person must be less than 3’6 because 42 inches=3’6 and > symbol indicates less than. Other answer is greater than.

A bag contains 3 red balls and 1 blue ball. A second bag contains 1 red ball and 1 blue ball. A ball is randomly picked from each bag and is then placed in the other bag. What is the expected number of red balls in the first bag? (mean or expected value)

Answers

Answer:

"2.82" seems to be the correct solution.

Step-by-step explanation:

As we know,

A bag (Bag A) contains,

Red balls = 3

Blue ball = 1

A second bag (Bag B) contains,

Red balls = 1

Blue ball = 1

Now,

⇒ P(Bag A, red ball) = [tex]P(A)\times P(r)\times P(r)[/tex]

On substituting the values, we get

⇒                                = [tex]\frac{1}{2}\times \frac{3}{4}\times \frac{2}{3}[/tex]

⇒                                = [tex]\frac{1}{4}[/tex]

Similarly,

Probability of second bag will be:

⇒  P(Bag B) = [tex]\frac{1}{2}[/tex]

hence,

In the first bag (Bag A), the expected number of red balls will be:

⇒  [tex]E(n)=\Sigma P(n)\times n[/tex]

On substituting the values, we get

⇒           [tex]=3 (\frac{1}{4})+2(\frac{1}{8} )+4(\frac{1}{24} )+3(\frac{1}{12} )+3(\frac{4}{20} )+4(\frac{1}{20} )+2(\frac{3}{20} )+\frac{2}{20}[/tex]

⇒           [tex]= \frac{169}{60}[/tex]

⇒           [tex]=2.82[/tex]

Help me !!!
Please I really need it

Answers

Answer:

i don't know

Step-by-step explanation:

Whatever answer this question first gets a thanks and 14 points Please answer quickly ✌

Answers

Answer:

5) x = 25

6) x = 48

Step-by-step explanation:

5)

65 + x = 90

65 - 65 + x = 90 - 65

x = 25

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

6)

A complementary angle is 90 degrees.

42 + x = 90

42 - 42 + x = 90 - 42

x = 48

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