An initial amount of $3500 is invested in an account at an interest rate of 6% per year, compounded continuously. Assuming that no withdrawals aremade, find the amount in the account after two years.Do not round any intermediate computations, and round your answer to the nearest cent.

An Initial Amount Of $3500 Is Invested In An Account At An Interest Rate Of 6% Per Year, Compounded Continuously.

Answers

Answer 1

For this problem we use the continuously compounded interest formula:

[tex]M=M_0e^{rt}[/tex]

where M_0 is the initial amount, r is the interest rate per year and t is the number of years.

Substituting M_0=$3500, r=0.06, and t=2 we get:

[tex]\begin{gathered} M=3500e^{0.06\cdot2}=3500e^{0.12} \\ M=3946.24 \end{gathered}[/tex]


Related Questions

LanaCharles almn on the coordinate plane what is the perimeter of a ALMN round to the nearest unit

Answers

The Solution:

Given the graph below:

We are required to find the perimeter of the triangle LMN rounded to the nearest unit.

Step 1:

Find the distance LM, where L(-3,2) and M(3,5)

By the formula for distance between two points, we have

[tex]LM=\sqrt[]{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

Where,

[tex]\begin{gathered} x_1=-3 \\ y_1=2 \\ x_2=3 \\ y_2=5 \end{gathered}[/tex]

Substituting, we get

[tex]LM=\sqrt[]{(3--3)^2+(5-2)^2}=\text{ }\sqrt[]{6^2+7^2}=\text{ }\sqrt[]{85}=9.2195[/tex]

Step 2:

Find the distance LN:

[tex]LN=12[/tex]

Step 3:

Find the distance MN, where M(3,5) and N(9,2)

[tex]MN=\sqrt[]{(9-3)^2+(2-5)^2}=\text{ }\sqrt[]{6^2+(-3)^2}=\text{ }\sqrt[]{45}=6.7082[/tex]

Step 4:

The perimeter is:

[tex]\text{ Perimeter=LM+MN+LN=9.2195+6.7082+12=27.9277}\approx28\text{ units}[/tex]

Therefore, the correct answer is 28 units.

Graph transformation of the following line given the transformation: g(x)= -f(x) -2

Answers

Transformation of a Function

We are given the function:

[tex]y=f(x)=\frac{2}{3}x+8[/tex]

And it's required to find another function g(x) according to the transformation:

g(x) = -f(x) - 2

First, we calculate the negative of f(x):

[tex]-f(x)=-(\frac{2}{3}x+8)=-\frac{2}{3}x-8[/tex]

And now we subtract 2 to find g(x):

[tex]g(x)=-\frac{2}{3}x-8-2=-\frac{2}{3}x-10[/tex]

The equation above is in the slope-intercept form where the slope is m=-2/3 and the y-intercept = -10

Answer:

[tex]g(x)=-\frac{2}{3}x-10[/tex]

Evaluate the function f(p) = p2 + 3p + 1 for p = -2.

Answers

The result of the function f(p) = [tex]p^2[/tex] + 3p + 1  for p = -2 is -1

The function is

f(p) = [tex]p^2[/tex] + 3p + 1  

The function is the expression that represents the relationship between the one variable and another variable. If one variable is dependent variable then the another variable will be independent variable.

The values of p = -2

Substitute the value of p in the function and find the solution

f(p) = [tex]p^2[/tex] + 3p + 1  

f(-2) = [tex](-2)^2[/tex] + 3×-2 + 1

f(-2) = 4 - 6 + 1

f(-2) = -1

Hence, the result of the function f(p) = [tex]p^2[/tex] + 3p + 1  for p = -2 is -1


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hi i'm stuck on diameter and radius and chord and the arc measure explanations. And i'm also stuck on this question

Answers

• Chord: ,a line segment connecting ,any two points, in a curve (circle).

,

• Diameter: ,a chord passing ,through the center ,of the figure.

,

• Radius: ,a line segment going ,from the center, to any point in the circumference.

The difference between them is that the chord is any two points touching the circumference, the diameter has to go through the center to any two points, and the radius goes from the center to just one point in the circumference.

Then, the line segment that meets the requirements of being the diameter in circle F is segment CD as it passes through the center.

The radius could be CF, DF, and EF. While a chord could be AB.

Answer: CD

Michael bought groceries and spent $46.85 before including the sales tax of 7%. What is the total purchase price after tax?

Answers

We are told that a 7% tax is applied to the original sales price, in order to determine the tax amount we just have to multiply the original price ($46.85) by the tax percentage (0.07 as 7% in decimal form), then we get:

Tax amount = 0.07×46.85 ≈ 3.28

By adding the tax amount to the original price we should get the final price, like this:

Total purchase price = 46.85 + 3.28 = 50.13

Then, the total purchase price after tax is $50.13

A chocolate chip cookie recipe ask for 1 1/2 times as much flour as chocolate chips if 3 1/2 cups of flour is used what quantity of chocolate chips would then be needed according to the recipe

Answers

Given:

Amount of chocolate chips needed = 1 1/2 times as much floor.

Amount of floor used = 3 1/2 cups.

Let's find the quantity of chocolate chips that would be needed according to the recipe.

To find the amount of chocolate chips used, we have:

Amount of chocolate chips

[tex]undefined[/tex]

Which tree is growing faster?Tree 2*Tree 1 is growing1.5 inches everyweek.weeks 1|2|3|4|5inches 45678tallTree ?Tree 1

Answers

SOLUTION

Given the question in the image, the following are the solution steps to answer the question.

STEP 1: Write the growing rate of the first tree

Tree 1 is growing 1.5 inches every week

STEP 2: Calculate the growing rate of the second tree

This implies the slope and is calculated using the formula;

[tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]

By substitution,

[tex]m=\frac{5-4}{2-1}=\frac{1}{1}=1[/tex]

The slope of 1 means that Tree 2 is growing at a rate of 1 inch per week

Hence, the tree that is growing faster is Tree 1 with a rate of 1.5 inches per week

ANSWER:

Tree 1

HELP PLEASEEEEE!!!!!!

Answers

-1 3/4, 14/8, 1.125 and -0.875 correspond to points 1, 8, 6 and 4 respectively on the number line.

How can we match -1 3/4, 14/8, 1.125 and -0.875 on the number line?

Looking at the number line, there are 8 divisions between two points e.g 0 to 1.  

To know the value of  1 division, we divide the value of the distance between two points by the number of divisions:

= 1/8 = 0.125

To find the locations, we just divide the value of the locations with the value of 1 division:

-1 3/4 / 0.125 = -14  (Count 14 divisions to the left of 0) = point 1

14/8  / 0.125 = 14  (Count 14 divisions to the right of 0) = point 8

1.125/ 0.125 = 9 (Count 9 divisions to the right of 0) = point 6

-0.875 / 0.125 = -7  (Count 7 divisions to the left of 0) = point 4

Therefore, the positions of -1 3/4, 14/8, 1.125 and -0.875 on the number line are points 1, 8, 6 and 4 respectively.

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Mr. and Mrs. Tournas know that their son will attend a college, in 14 years, that they estimate to cost approximately $250,000How much should they deposit now if they assume that they can earn 8.5% compounded annually?

Answers

Compound interest formula:

[tex]A\text{ = }P(1+i)^n[/tex]

where:

A is the final amount, here = $250,000

P is the principal amount

i is the interest rate per year (in decimal form), here = 0.085

n is the number of years invested, here = 14

Replacing into the equation and solving for P, we get:

[tex]250000=P(1+0.085)^{14}[/tex][tex]\frac{250000}{1.085^{14}}=P[/tex]

P = $79,785.5

What is the measure of a?

Answers

Answer:

Explanation:

Answer:

<A=32°

Explanation:

<BEC = 90° because it has the red half square and we know that <DCE = 42°. <ACB= 2x because <ACD and <DCB both =x. The equation we would set up is

90+(42+x) +2x=180

We get x=16.

Since <ACB = 2x we multiple 16 by 2

16*2=32

So <ACB =32°

Evaluate. Write your answer as an integer or as a decimal rounded to the nearest hundredth. sin 16° = ___

Answers

We have round of to 100th place means up to 3 places

[tex]\sin (16\text{ degre}e)=0.27563[/tex]

Now we will reduce the digit from right side upto 3 places

As last digit is 3 which is less than 5 so it will remove directly

[tex]\sin (16\text{ degr}e)=0.2756[/tex]

Now the last digit is 6 which is greater than 5. So and is even so change we will simply remove this

[tex]\sin (16\text{ degre}e)=0.275[/tex]

Determine if the ordered pair provided is a solution to the linear system:3x+7y=1 and 2x+4y=0; (2,3) The system has no solution as the lines are parallel. The ordered pair (2, 3) is not a solution to the system. Yes, (2, 3) is a solution to the system. The system has no solution as the lines are perpendicular.

Answers

Answer:

The correct answer is:

The ordered pair (2, 3) is not a solution to the system.

Explanation:

The system given is:

[tex]\begin{cases}3x+7y={1} \\ 2x+4y={0}\end{cases}[/tex]

If (2, 3) is a solution of the system, then replacing x = 2 and y = 3 on both equations should give a correct result and the same on both equatiions.

In the first equation;

[tex]\begin{gathered} 3\cdot2+7\cdot3=1 \\ 6+21=1 \\ 27=1 \end{gathered}[/tex]

We can see that this result is not true, as 27 is not equal to 1.

In the second equation:

[tex]\begin{gathered} 2\cdot2+4\cdot3=0 \\ 4+12=0 \\ 16=0 \end{gathered}[/tex]

Once again, a false result.

To see in the system has equations, let's solve for x in the second equation:

[tex]\begin{gathered} 2x+4y=0 \\ 2x=-4y \\ x=-2y \end{gathered}[/tex]

Now, we can use substitution in the first equation:

[tex]3(-2y)+7y=1[/tex]

And solve for y:

[tex]\begin{gathered} -6y+7y=1 \\ y=1 \end{gathered}[/tex]

Now, we can find the value of x:

[tex]x=-2\cdot1=-2[/tex]

The solution to the system is (-2, 1)

Thus, the correct option is "The ordered pair (2, 3) is not a solution to the system"

The Ruiz family took a summer trip.
In 4 days, they drove 1,600 miles. If they drove an equal
number of miles each day, how many miles did they drive
each day? Describe the basic fact you use to find your
answer and how many zeros you add from the dividend.

Answers

Answer:

400 miles each day

Step-by-step explanation:

You have 1600 miles divided into four days.

1600 / 4


We can use the basic fact that multiplying a number by ten simply means shifting everything to the left, for example 2 x 10 = 20, we just shifted 2 to the left and inserted a 0.

So for this problem, we can do the same. Divide 1600 by 100, or 10 x 10, then divide by 4.

1600/16 = 100

16/4 = 4.

Now, since we divided by ten twice before, we can get the right answer by multiplying by ten twice.

4 x 10 = 40

40 x 10 = 400

5/8-3/8 S = two minus S

Answers

The value of S in the expression 5/8-3/8 S = two minus S is 2 1/5.

How to illustrate the information?

An expression is the statement that illustrates that the variables given. In this case, two or more components are taken into consideration to describe the scenario.

In this case, this is illustrated thus:

5/8 - 3/8S = 2 -S

Collect like terms

-3/8S + S = 2 - 5/8

5/8S = 1 3/8

Divide

S= 1 3/8 ÷ 5/8

S = 11/8 × 8/5

S = 11/5

S = 2 1/5

This illustrates the concept of expression.

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2. I want to find the area of a basketball free throw lane, and I am trying to use this formula:
Area =(6 ft) + (12 ft)(19 ft).
Clearly explain how you can tell this is wrong without knowing any area formulas.

Answers

Answer:

Down Here

Step-by-step explanation:

Hello!

Area is measured in units². Here, the units are feet, so the area would be written as feet² (ft²).

Simplifying the expression:

6ft + (12ft)(19ft)6ft + 228ft²

You can't simplify this because the units are not the same, and this can't measure area because all units of the area have to be squared. The term 6ft has non-squared units.

What is the value of p in the proportion below? 20/6 = p/12O 2 O 10O 40O 72

Answers

20/6 = p/12

cross-multiply

p x 6 = 20 x 12

6p = 240

divide both-side of the equation by 6

p = 240/6

p = 40

Which postulate or theorem could you use to prove (triangle)XYZ = (triangle)ABC?Choose the correct answer below.AAS theoremSSS postulateASA postulateSAS postulate

Answers

From the given figures in the 2 triangles XYZ and ABC

mXZ = AC

m

Since we have two equal angles and the sides between them are equal, then

The 2 triangles are congruent using ASA postulate

The answer is C

Solve them all pleaseeeeee

Answers

The solution to the inequalities will be,

( 5 ) y ≥ 2

( 6 ) x < 3

( 7 ) No solution.

What is inequality?

When two expressions are connected by a sign like "not equal to," "greater than," or "less than," it is said to be inequitable. The inequality shows the greater than and less than relationship between variables and the numbers.

The given inequalities will be calculated as:-

-4 ≤ 4( 6y - 12 ) - 2y

-4 ≤ 24y - 48 - 2y

-4 ≤ 22 y - 48

22y ≥ 44

y ≥ 2

4x + 3 < 3x + 6

4x - 3x < 6 - 3

x < 3

-5r + 6 ≤ -5( r + 2 )

-5r + 6 ≤ -5r - 10

No solution

Therefore, the inequalities are solved above.

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The equation of a curve is y=f(x)
The vertex of the curve is at (2,-3)
Write down the coordinates of the vertex of the curve with the equation
a) f(x)+5
b) -f(x)

Answers

The rigid transformations of the vertex of the curve are listed below:

(i) (2, 2).

(ii) (2, 3).

How to determine the coordinates of the vertex

In this problem we find the value of a point of a curve f(x), this point (the vertex) must be transformed by using rigid transformations. There are two cases: (i) Vertical translation, (ii) Reflection about the x-axis. The formulas for each case are described below:

Vertical translation

P'(x, y) = P(x, y) + (0, k)

Reflection about the x-axis

P'(x, y) = P(x, y) + (0, - 2 · p)

Where p is the y-coordinate of point P.

If we know that P(x, y) = (2, - 3), then the coordinates for each case are, respectively:

Vertical translation

P'(x, y) = (2, - 3) + (0, 5)

P'(x, y) = (2, 2)

Reflection about the x-axis

P'(x, y) = (2, - 3) + (0, 6)

P'(x, y) = (2, 3)

The transformations of the vertex of the curve are (i) (2, 2) and (ii) (2, 3).

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Which of the following statements are equivalent to "Some politicians are not crooked"? Select all that apply:All politicians are crooked.Some politicians are crooked.Not all politicians are crooked.All politicians are not crooked.

Answers

SOLUTION

The given statement is

"Some politicians are not crooked"

The equivalent statement is

Not all politicians are crooked

And

All politicians are not crooked.

The equivalent statement is

Not all politicians are crooked

And

All politicians are not crooked.

Answer:  Not all politicians are crooked

It is equivalent to saying that  "Some politicians are not crooked". Both are implying that not every politician is crooked and some of them are good.

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Which graph shows the same linear equation shown in the table below?

Answers

I'm drawing now

_______________________

Option C

HELP ME OUT PLEASE!!!!!!​

Answers

Answer:

The First one (1.7,3.1)

Step-by-step explanation:

3x-2=-0.5x+4

3.5x=6

x=12/7

x≈1.7

sub x back into to find y

y≈3.1

Write the complex number in polar form with argument theta between 0 and 2 pie

Answers

[tex]=\text{ 7}\sqrt[]{2}\lbrack cos(tan^{-1}(-1)\text{ + isin}(tan^{-1}(-1)\text{ \rbrack}[/tex]Explanation:[tex]\begin{gathered} let\text{ z = -7 + 7i} \\ r\text{ = }\sqrt[]{(-7)^2+(7)^2} \\ r\text{ = }\sqrt[]{49+49\text{ }}\text{ = }\sqrt[]{98} \\ r\text{ = 7}\sqrt[]{2} \end{gathered}[/tex][tex]\begin{gathered} \tan \text{ }\theta\text{ = }\frac{7}{-7}\text{ = -1} \\ \text{ }\theta=tan^{-1}(-1) \\ \end{gathered}[/tex][tex]\begin{gathered} z\text{= }r(\cos \theta+\text{ isin}\theta) \\ -7\text{ + 7i }=\text{ }r(\cos \theta+\text{ isin}\theta) \\ =\text{ 7}\sqrt[]{2}\lbrack cos(tan^{-1}(-1)\text{ + isin}(tan^{-1}(-1)\text{ \rbrack} \end{gathered}[/tex]

The answer in polar form:

[tex]=\text{ 7}\sqrt[]{2}\lbrack cos(tan^{-1}(-1)\text{ + isin}(tan^{-1}(-1)\text{ \rbrack}[/tex]

Which of the following is the number of sides a polygon can have to form aregular tessellation?O A. 9B. 3C. 5D.7

Answers

From the image, we are asked the number of sides a polygon can have to form a regular tesselation.

The first step is to understand what a regular tessellation is;

A regular tessellation is a highly symmetric, edge-to-edge tiling made up of regular polygons, all of the same shape. There are only three regular tessellations: those made up of equilateral triangles, squares, or regular hexagons.

This implies that it could either have 3 sides(triangle), four sides(square), six sides(hexagon).

From the given options we can clearly see that 3 sides is the only available option.

ANSWER: Option B

Plot the ordered pair (-4,-1) state which quadrant or on which axis the point lies

Answers

Answer:

Th

Explanation:

Given the ordered pair (-4, -1), we have that x = -4 and y = -1. Plotting this point, we'll have;

Quadrants are labeled in an anti-clockwise direction with the top right portion of the graph being the 1st quadrant. Looking at the plotted point, we can see that the point is in the 3rd quadrant.

Order the lengths from least to greatest 19in 1yd 2ft 32in

Answers

19 in

1 yd

2ft

32 in

First, we have to convert all the length into a unique unit:

For example, inches:

Since

1 ft = 12 inches

2 ft = 2 x12 = 22 inches

1yd = 36 inches

Now, we have to order from least to greatest:

19 in-22in -32in-36in

In the original units:

19 in , 2ft, 32in ,1yd

If a girl has 7 skirts, 9 shirts, and 5 pairs of shoes, how many outfits canshe wear?

Answers

Okay, here we have a Combination Problem, we need just multiply to get the answer, of this mode:

[tex]C=7\cdot9\cdot5=315[/tex]

She can wear 315 outfits.

Solve |x4|+6 = 13.
O A. x
11 and x = -11
OB. x = 11 and x = -3
OC. x = -11 and x = -3
OD. x = -11 and x = 3

Answers

Answer:

B

Step-by-step explanation:

| x - 4 | + 6 = 13

x - 4 + 6 = 13

x = 11

Or

4 - x + 6 = 13

x = -3

What is the answer to this question?

Answers

The reflection of a point P over a line as in the P' if the line m is the "perpendicular bisector" of line PP'. Point P' is called the "image" of point P.

What is termed as the reflection of the point?A reflection point represents when a figure is built around a single point recognized as point of reflection or the figure's center. On the other side, per each point in the graph, some other point is observed directly opposite it.

For the given question.

Line m is the line along which reflection of point P is taken.

Then, line m is called the "perpendicular bisector" of line PP'.

P is the object and P' will be the image of the point P.

Thus, the complete definition of the reflection is given as-

The reflection of a point P over a line as in the P' if the line m is the "perpendicular bisector" of line PP'. Point P' is called the "image" of point P.

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rag the red and blue dots along the x-axis and y-axis to graph 10x - 7y=40

Answers

We were given the equation:

[tex]10x-7y=40[/tex]

We will proceed to graph this equation as shown below:

[tex]\begin{gathered} 10x-7y=40 \\ \text{Make ''y'' the subject of the equation, we have:} \\ \text{Subtract ''10x'' from both sides, we have:} \\ -7y=-10x+40 \\ \text{Divide through each term by ''-7'' to obtain the equation in terms of ''y'', we have:} \\ y=\frac{-10}{-7}x+\frac{40}{-7} \\ y=\frac{10}{7}x-\frac{40}{7}_{} \\ \\ y=\frac{10}{7}x-\frac{40}{7}_{} \\ when\colon x=-7 \\ y=\frac{10}{7}(-7)-\frac{40}{7} \\ y=-10-\frac{40}{7} \\ y=-\frac{110}{7} \\ \\ when\colon x=0 \\ y=\frac{10}{7}(0)-\frac{40}{7} \\ y=-\frac{40}{7} \\ \\ when\colon x=7 \\ y=\frac{10}{7}(7)-\frac{40}{7} \\ y=10-\frac{40}{7} \\ y=\frac{30}{7} \end{gathered}[/tex]

We will proceed to plot these ordered pairs on a graph, we have:

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