If an account is compounded annually at 9%, how much interest will a principal of $12,300 earn in 16 months? Round your answer tothe nearest cent. Note: Assume 365 days in a year and 30 days in a month.

Answers

Answer 1

From the question, we have the given information.

[tex]\begin{gathered} \text{Principal =\$12300} \\ \text{rate}=9\text{\%} \\ \text{number of times compounded =1} \\ \text{Time =16 months =}\frac{4}{3}years \end{gathered}[/tex]

We will use the formula below to solve the question

[tex]\text{Amount =P(}1+\frac{r}{n})^{nt}[/tex]

Therefore;

[tex]\begin{gathered} \text{Amount}=12300(1+\frac{9}{100})^{\frac{4}{3}} \\ =12300(\frac{109}{100})^{\frac{4}{3}} \\ =13797.71 \end{gathered}[/tex]

Since the Amount = 13797.71, we can get the interest by using the formula below.

[tex]\begin{gathered} \text{Interest= Amount- Principal} \\ =13797.71-12300 \\ =1497.71 \end{gathered}[/tex]

Answer: Interest =$1497.71


Related Questions

Use appropriate identities to rewrite the following expression in terms containing only first powers ofsine.4tanx1 + tan2x

Answers

The given question is

[tex]\frac{4\tan x}{1+\tan ^2x}[/tex]

Use the identity

[tex]1+\tan ^2x=\sec ^2x[/tex]

Then replace the denominator by sec^2 (x)

[tex]\frac{4\tan x}{\sec ^2x}[/tex]

Since sec is the reciprocal of cos, then

[tex]\sec ^2x=\frac{1}{\cos ^2x}[/tex]

Replce sec^2(x) by 1/cos^2(x)

[tex]\frac{4\tan x}{\frac{1}{\cos ^2x}}[/tex]

Since denominator of denominator will be a numerator

[tex]4\tan x\times\cos ^2x[/tex]

Use the value of tan

[tex]\tan x=\frac{\sin x}{\cos x}[/tex]

Replace tan by sin/cos

[tex]4\times\frac{\sin x}{\cos x}\times\cos ^2x[/tex]

Reduce cos(x) up with cos(x) down

[tex]\begin{gathered} 4\times\sin x\times\cos x= \\ 4\sin x\cos x \end{gathered}[/tex]

Use the identity

[tex]\sin (2x)=2\sin x\cos x[/tex][tex]4\sin x\cos x=2(2\sin x\cos x)[/tex]

Replace 2 sin(x)cos(x) by sin(2x)

[tex]2(2\sin x\cos x)=2\sin 2x[/tex]

The answer is

2 sin(2x)

2x^3+ 15^2+ 27x + 5= x^2+ 5x + 12x + 5

Answers

To determine if the equation is true we multiply the expression on the right side by the denominator on the left; if the result is the numerator on the left then the equation is true:

[tex]\begin{gathered} (2x+5)(x^2+5x+1)=2x^3+10x^2+2x+5x^2+25x+5 \\ =2x^3+15x^2+27x+5 \end{gathered}[/tex]

Since the result is the numerator on the left side we conclude that the equation is true.

Find two unit vectors orthogonal to both j-k and i+j.

Answers

The two unit vectors orthogonal to both j-k and i+j  are [tex]\frac{i}{\sqrt{3} }- \frac{j}{\sqrt{3} } -\frac{k}{\sqrt{3} }[/tex]

Let a bar = j- k  = < 0,1,-1>

b bar = i+j = <1,1,0>

the cross product a x b bar is orthogonal to both a and b bar

= i ( 0-(-1) ) -j ( 0-(-1) ) + r (0-1)

= i-j-k

A unit vector is a vector whose length is 1 unit

There the unit vector is :

[tex]\frac{i-j-k}{\sqrt{1^2+(-1)^2+(-1)^2} } = \frac{i-j-k}{\sqrt{3} }[/tex]

= [tex]\frac{i}{\sqrt{3} }-\frac{j}{\sqrt{3} }-\frac{k}{\sqrt{3} }[/tex]

The second unit vector orthogonal to both a and b bar would be negative of the previous vector.

= [tex]-\frac{i}{\sqrt{3} }-\frac{j}{\sqrt{3} }-\frac{k}{\sqrt{3} }[/tex]

Hence the two unit vectors orthogonal to both j-k and i+j are  [tex]\frac{i}{\sqrt{3} }- \frac{j}{\sqrt{3} } -\frac{k}{\sqrt{3} }[/tex]

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(6 x 10^-2)(1.5 x 10^-3 + 2.5 x 10^-3)1.5 x 10^3

Answers

Given the expression:

[tex]\left(6*10^{-2}\right)\left(1.5*10^{-3}+2.5*10^{-3}\right)1.5*10^3[/tex]

Let's simplify the expression.

To simplify the expression, we have:T

[tex]\begin{gathered} (6*10^{-2})(1.5*10^{-3}+2.5*10^{-3})1.5*10^3 \\ \\ =(6*10^{-2})(4.0*10^{-3})1.5*10^3 \\ \\ =(6*4.0*10^{-2-3})1.5*10^3 \\ \\ =(24.0*10^{-5})1.5*10^3 \end{gathered}[/tex]

Solving further:

Apply the multiplication rule for exponents.

[tex]\begin{gathered} 24.0*1.5*10^{-5+3} \\ \\ =36*10^{-2} \\ \\ =0.36 \end{gathered}[/tex]

ANSWER:

[tex]0.36[/tex]

Suppose you are completely locked out outside of your house. You remember that you left your bedroom window, which is 12 feet above the ground, unlocked from the inside (meaning you can climb up the window if you have a ladder, which you do!). You go to your garage, grab the 20 ft ladder and place it so that it reaches exactly to your bedroom window. What is the angle of elevation needed to reach your window? How far away will the bottom of the ladder be from your house?

Answers

A diagram of the situation is shown below:

In order to determine the angle of elevation x, use the sine function, as follow:

sin x = opposite side/hypotenuse

the opposite side is the distance from the ground to the wi

Santa worked 3.5 hours, 6.9 hours, & 4.3 hours in the last three days. If he earns $7.1 an hour, how much did he earn in the last three days?

Answers

ANSWER:

$104.37

STEP-BY-STEP EXPLANATION:

To calculate the total profit, we must add the amount he earned each day, multiplying the salary by the number of hours, like this:

[tex]\begin{gathered} e=3.5\cdot7.1+6.9\cdot7.1+4.3\cdot7.1 \\ e=24.85+48.99+30.53 \\ e=104.37 \end{gathered}[/tex]

Therefore, he earned in the last three days a total of $104.37

A gift box is 12 inches long 8 inches wide and 2 inches high how much wrapping paper is needed to wrap the gift box

Answers

Given that a box is 12 inches long 8 inches wide and 2 inches high, the area of wrapping paper needed to wrap the gift box​ is equal to the total surface area of the box.

[tex]\begin{gathered} \text{length l =12 inches} \\ \text{width w = 8 inches} \\ \text{ height h = 2 inches} \end{gathered}[/tex]

The total surface area of the box can be calculated using the formula;

[tex]undefined[/tex]

Given the sequence 4, -16, 64, -256..a) Write the explicit rule for the sequence. b) Find a7 c) Write the recursive rule for the sequence.

Answers

the given series is 4 -16 64 -256

that is

4 x -4 = -16 = -4^2

-16 x -4 = 64 = 4^3

64 x -4 = -256 = -4^4

so we can say that is every time the number is multiplied with -4,

for a7, as 7 is an odd number so the negative sign will be there from the above observations

-4^7 = -16384

the recursive rule will be'

[tex]a_n=a_{n-1}\times-4[/tex]

The graph models the heights, in feet, of two objectsdropped from different heights after x seconds.Which equation represents g(x) as a transformation off(x)?y45+O g(x) = f(x) -5O g(x) = f(x-5)O g(x) = f(x) + 5O g(x) = f(x + 5)40+35y = f(x)30-25+20-15+10+5+ly = g(x)0.5 1.0 1.5 20

Answers

For this problem we know that y=f(x) at x=0 is 5 units above y=g(x). So then the best solution for this case it seems to be:

[tex]f(x)=g(x)+5[/tex]

And solving for g(x) we got:

[tex]g(x)=f(x)-5[/tex]

what is the area if one of the triangular side of the figure?

Answers

Compound Shape

The shape of the figure attached consists on four triangles and one square.

The base of each triangle is B=12 cm and the height is H=10 cm, thus the area is:

[tex]A_t=\frac{BH}{2}[/tex]

Calculating:

[tex]A_t=\frac{12\cdot10}{2}=60[/tex]

The area of each triangle is 60 square cm.

Now for the square of a side length of L=12.

The area of a square of side length a, is:

[tex]A_s=a^2[/tex]

Calculate the area of the square:

[tex]A_s=12^2=144[/tex]

The total surface area is:

A = 60*4 + 144

A= 240 + 144

A = 384 square cm

Hey everybody! Can somebody help me solve this problem? I don't need a big explanation just the answer and a brief explanation on how you get it! Look at photo for problem.

Answers

Given the ordered pairs:

(-12, -16), (-3, -4), (0, 0), (9, 12)

Let's say that the first coordinate corresponds to x, and the second one corresponds to y. Then, the constant of variation k relates x and y as:

[tex]y=k\cdot x[/tex]

Using the ordered pairs:

[tex]\begin{gathered} -16=-12k\Rightarrow k=\frac{4}{3} \\ -4=-3k\Rightarrow k=\frac{4}{3} \\ 0=0\cdot k\text{ (this means that it is correct)} \\ 12=9k\Rightarrow k=\frac{4}{3} \end{gathered}[/tex]

We conclude that the constant of variation is:

[tex]k=\frac{4}{3}[/tex]

What is the amplitude of the graph g(x)=f(x)+2 Where f(x)=cos x

Answers

In the cosine equation

[tex]y=AcosB(x-C)+D[/tex]

A is the amplitude

B is using it to find the period

C is the phase shift

D is the vertical shift

Since the given function is

[tex]g(x)=cos(x)+2[/tex]

A = 1

B = 1

C = 0

D = 2

The amplitude is 1

The answer is 1

Use the number line to video to find two other solutions to the inequality 7 + m < 20.

Answers

Answer:

m = 2 and m = 3

Explanation:

To find the solutions to the inequality, we need to isolate m. So, we can subtract 7 from both sides as:

7 + m < 20

7 + m - 7 < 20 - 7

m < 13

Therefore, any number that is less than 13, is a solution of the inequality.

For example: 2 and 3 are solutions of the inequality.

the diagonal of a rectangular swimming pool measures 19 yd if the length of the pool is 15 yd which measurement is closest to the width of the pool?

Answers

Answer:

11.67 yards

Explanation:

From the above figure, we can use the Pythagorean theorem to find the width of the pool as shown below;

[tex]\begin{gathered} 19^2=15^2+w^2 \\ 361=225+w^2 \\ 361-225=w^2 \\ 136=w^2 \\ \sqrt[]{136}=w \\ \therefore w=11.67\text{ yards} \end{gathered}[/tex]

A circular plot of land has a diameter of 16 yards. What is the area of theland? Use 3.14 for it.O A. 803.84 yd2O B. 50.24 yd2O C. 200.96 yd2O D. 25.12 yd2

Answers

The area of the circle can be calculated with the following formula

[tex]A=\pi\cdot r^2[/tex]

First let's find the radius

[tex]\begin{gathered} r=\frac{16}{2}\text{yds} \\ r=8\text{yds} \end{gathered}[/tex][tex]\begin{gathered} A=\pi\cdot8^2 \\ A=3.14\cdot64 \\ A=200.96\text{ yd2} \end{gathered}[/tex]

The answer would be 200.96 square yards

1 pur Una foto de 4 pulgadas por 6 pulgadas se coloca en un marco de imagen con un borde de ancho constante. Si el área del marco, incluida la imagen, es de 80 pulgadas cuadradas, ¿qué ecuación podría usarse para determinar el ancho del borde, x? *

Answers

Tenemos una foto de 4 x 6 pulgadas.

Tenemos un marco con borde de ancho constante, lo que significa que alrededor de la foto siempre tenemos un "espesor" constante, que llamaremos "e".

También sabemos que el area total del marco es 80 pulgadas cuadradas.

Podemos dibujar esto así:

El marco tiene un ancho total de 4+2e y un largo de 6+2e.

Entonces, podemos calcular el espesor "e" a partir de calcular el area del marco e igualarlo a 80 pulgadas cuadradas. El area del marco sera igual al ancho por el largo:

[tex]\begin{gathered} A=(4+2e)(6+2e)=80 \\ 4\cdot6+4\cdot2e+2e\cdot6+2e\cdot2e=80 \\ 24+8e+12e+4e^2=80 \\ 4e^2+20e-56=0 \\ 4(e^2+5e-14)=0 \\ e^2+5e-14=0 \end{gathered}[/tex]

Debemos aplicar la ecuación cuadrática para calcular e:

[tex]\begin{gathered} e=-\frac{b}{2a}\pm\frac{\sqrt[]{b^2-4ac}}{2a} \\ e=-\frac{5}{2}\pm\frac{\sqrt[]{5^2-4\cdot1\cdot(-14)}}{2} \\ e=-\frac{5}{2}\pm\frac{\sqrt[]{25+56}}{2} \\ e=-\frac{5}{2}\pm\frac{\sqrt[]{81}}{2} \\ e=-\frac{5}{2}\pm\frac{9}{2} \\ e_1=-\frac{5}{2}-\frac{9}{2}=-\frac{14}{2}=-7 \\ e_2=-\frac{5}{2}+\frac{9}{2}=\frac{4}{2}=2 \end{gathered}[/tex]

e=-7 no es una solución válida, ya que el espesor debe ser positivo.

Entonces, la solución es e=2.

Respuesta: el ancho del borde es 2 pulgadas.

suppose that you have two square garden plots: One is 10’ x 10’ and the other is 15 x 15’. You want to cover both gardens with a 1 inch layer of mulch. If the 10 x 10 garden took 3 1/2 bags of mulch, could you calculate how many bags of mulch you need for the 15 x 15 garden by setting up the following proportion 3.5/10 = X/15. explain clearly why or why not. If the answer is no is there another proportion that you could set up? it may help you to make drawings of the Gardens

Answers

Answer:

Step-by-step explanation:

This question can be solved using a rule of three.

For each configuration, we need the perimeter and the amount of bags of mulch.

For a square of side s, the perimeter is P = 4s

If the 10 x 10 garden took 3 1/2 bags of mulch:

10x10 means that s = 10.

So the perimeter is:

P = 4*10 = 40

The number of bags of mulch is:

3 1/2 = 3 + (1/2) = 3 + 0.5 = 3.5

15 x 15 garden

15x15 means that s = 15.

The perimeter is: P = 4*s = 4*15 = 60.

The number of bags is X.

Now applying the rule of three:

With the number of bags and the perimeter.

3.5 bags - 40'

X bags - 60'

Now we apply cross multiplication:

[tex]undefined[/tex]

Which points are included in the solution Set of the systems of equations graphed below?

Answers

Given:

Required:

We need to find the points are included in the solution

Explanation:

Recall that the solution of the system of inequalities is the intersection region of all the solutions in the system.

The points G and F lie inside the intersection.

The points in the solution are G and F.

Final answer:

Points F and G.

$(20) = 4x^2+ 5x – 3 g(x) = 4x^3 – 3x^2 + 5 Find (f + g)(x)

Answers

The value of (f+g)(x) from the given functions is 4x³+x²+5x+2.

The given functions are f(x)=4x²+ 5x - 3 and g(x)=4x³ - 3x² + 5.

What is the function?

Functions are the fundamental part of the calculus in mathematics. The functions are the special types of relations. A function in math is visualized as a rule, which gives a unique output for every input x.

Now, (f+g)(x)=f(x)+g(x)

= 4x²+ 5x - 3+4x³ - 3x² + 5

= 4x³+4x²- 3x²+5x+5-3

= 4x³+x²+5x+2

Therefore, the value of (f+g)(x) from the given functions is 4x³+x²+5x+2.

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Hello,Can you help me with question 1: Evaluate the given binomial coefficient

Answers

Solution:

Given the expression below

[tex](^8_3)[/tex]

Applying the combination formula below

[tex]^nC_r=\frac{n!}{r!(n-1)!}[/tex]

The binomial coefficient will be

[tex]=\frac{8!}{3!(8-3)!}=\frac{8!}{3!5!}=\frac{8\times7\times6\times5\times4\times3\times2\times1}{3\times2\times1\times5\times4\times3\times2\times1}=56[/tex]

Hence, the answer is 56

How many arrangements of the word NEWFOUNDLAND are there?Page 5 of 12Previous PageNext Page

Answers

Step 1:

Concept

Number of way of arranging n different objects = n!

Step 2:

Word = NEWFOUNDLAND

N = 3

E = 1

W = 1

F = 1

O = 1

U = 1

D = 2

L = 1

A = 1

Step

Number of ways of arranging the word NEWFOUNDLAND

[tex]\begin{gathered} \text{ = }\frac{12!}{3!\text{ 2!}} \\ =\text{ }\frac{12\times11\times10\times9\times8\times7\times6\times5\times4\times3\times2\times1}{3\times2\times1\times2\times1} \end{gathered}[/tex][tex]\begin{gathered} \\ =\text{ }\frac{479001600}{12} \\ =\text{ 39916800 ways} \end{gathered}[/tex]

A website recorded the number y of referrals it received from social media websites over a 10-year period. The results can be modeled by y = 2500(1.50), where t is the year and 0 ≤ t ≤9.Interpret the values of a and b in this situation.O a represents the number of referrals after 9 years; b represents the growth factor of the number of referrals each year.a represents the number of referrals it received at the start of the model; b represents the decay factor of the number of referralseach year.O a represents the number of referrals after 9 years; b represents the decay factor of the number of referrals each year.a represents the number of referrals it received at the start of the model; b represents the growth factor of the number ofreferrals each year.What is the annual percent increase?The annual percent increase is%.

Answers

In this problem

we have an exponential growth function

[tex]y=2500(1.50)^t[/tex]

where

a=2500 ----> initial value of the number of referrals at the start of the model

b=1.50 ---> the base of the exponential function (growth factor of the number of referrals each year

therefore

The answer Part 1 is the last option

Part 2

Find out the annual percent increase

we know that

b=1+r

b=1.50

1.50=1+r

r=1.50-1

r=0.50

therefore

r=50%

The annual percent increase is 50%

solver for r: C=2(pie)r

Answers

We have the following equation:

[tex]C=2\pi r[/tex]

We want to rewrite it in a way 'C' is a function of 'r'. We can accomplish that, if we divide both sides by 2pi.

[tex]2\pi r=C\Rightarrow r=\frac{C}{2\pi}[/tex]

From this, we have our result.

[tex]r=\frac{C}{2\pi}[/tex]

Brady needs to fill his daughter's sandbox that is 5 feet by 7 feet. He wants to buy sand bags to fill the sand 2 feet deep. He compares the prices found for sand at two different stores.PART AWhat is the unit rate that store X is selling for? ____ lbs/dollarPART BWhich store is offering the better price?____PART CBrady finds online that it takes 100 pounds of sand to fill 1 cubic foot. Using the better priced store, compute how much it will cost him to purchase enough sand to fill the sandbox. Use the volume formula, V = I × w × h, to determine your answer.$____from____

Answers

The sand box is rectangular with

Wide= 5feet

Length= 7feet

He wants to fill the box with a depth of 2 feet

Rob earns $4200 per month at his new job. He pays the following taxes: 6.2% for social security 1.45% for Medicare 16% for federal income tax • 5.5% for state income tax Calculate his annual net income.

Answers

Answer:

$35,708.4

Explanation:

His net income will be the total that he earns less the taxes.

So, we need to calculate how much money does Rob pays for each tax.

Therefore, 6.2% of 4200 is equal to:

[tex]4200\times6.2\text{ \% =4200 }\times\frac{6.2}{100}=260.4[/tex]

It means that Rob pays $260.4 each month for social security,

In the same way, 1.45% of 4200 is equal to:

[tex]4200\times1.45\text{ \% = 4200}\times\frac{1.45}{100}=60.9[/tex]

16% of 4200 is equal to:

[tex]4200\times16\text{ \% = 4200}\times\frac{16}{100}=672[/tex]

5.5% of 4200 is equal to:

[tex]4200\times5.5\text{ \% = 4200}\times\frac{5.5}{100}=231[/tex]

Now, we can calculate the net income per month as:

$4200 - $260.4 - $60.9 - $672 - $231 = $2975.7

Finally, his annually net income will be the net income per month multiplied by 12 months:

$2975.7 x 12 = $35,708.4

So, the answer is $35,708.4

2. The product of two consecutive odd numbers is 143. Find the numbers. (Hint: If the first odd number is x, what is the next odd number?)​

Answers

Step-by-step explanation:

we have the 2 numbers x and (x+2).

x × (x + 2) = 143

x² + 2x = 143

x² + 2x - 143 = 0

the general solution to such a quadratic equation

ax² + bx + c = 0

is

x = (-b ± sqrt(b² - 4ac))/(2a)

in our case this is

x = (-2 ± sqrt(2² - 4×1×-143))/(2×1) =

= (-2 ± sqrt(4 + 572))/2 = (-2 ± sqrt(576))/2 =

= (-2 ± 24)/2 = (-1 ± 12)

x1 = -1 + 12 = 11

x2 = -1 - 12 = -13

so, we have 2 solutions : 11 and 13, -13 and -11

11× 13 = 143

-11×-13 = 143

What is the slope of the line that passes through the points (6,-10) and (3,-13)? Write in simplist form

Answers

Use the slope formula to find the slope of a line that goes through two points:

[tex]\begin{gathered} \text{Coordinates of two points}\rightarrow\text{ }(x_1,y_1),(x_2,y_2) \\ \text{Slope of a line through those points}\rightarrow m=\frac{y_2-y_1}{x_2-x_1} \end{gathered}[/tex]

Substitute the coordinates (6,-10) and (3,-13) into the slope formula:

[tex]\begin{gathered} m=\frac{(-13)-(-10)}{(3)-(6)} \\ =\frac{-13+10}{3-6} \\ =\frac{-3}{-3} \\ =1 \end{gathered}[/tex]

Therefore, the slope of a line that passes through those points, is 1.

3. What is the vertical shift for the absolute value function below?F(x) 9|x + 1|+ 2

Answers

Answer:

The vertical shift is of 2 units up

Step-by-step explanation:

We have a function in the following format:

F(x) = a(x+b) + c

The vertical shift is given by c.

If c > 0, the shift is up.

If c < 0, the shift is down.

In this question:

F(x) = 9|x+1| + 2

So c = 2

The vertical shift is of 2 units up

m(25+2)(x-7)(4%-8)"y =

Answers

From the figure we can obtain 2 equations:

[tex](2y+2)+(4x-8)=180[/tex]

and

[tex](9x-7)+(4x-8)=180[/tex]

first lets simplify both equations:

for the first;

[tex]2y+4x=186[/tex]

and for the second one:

[tex]9x+4x=195\Rightarrow13x=195\Rightarrow x=\frac{195}{13}=15[/tex]

Now we have that x=15 and we can substitute x for 15 in the first equation to find y:

[tex]2y+4(15)=186\Rightarrow2y=126\Rightarrow y=63[/tex]

so the final answe is: x=15 and y=63

Use Polya's four-step problem-solving strategy and the problem-solving procedures presented in this section to solve the following exercise.The number of ducks and pigs in a field totals 37. The total number of legs among them is 98. Assuming each duck has exactly two legs and each plg has exactly fourlegs, determine how many ducks and how many pigs are in the field.ducks?pigs?

Answers

Lets call x to the number of ducks

and y the number of pigs.

Then:

[tex]2x+4y=98[/tex]

Because there are 2 legs per duck and 4 legs per pig.

If the total of animals is 37, then:

[tex]x+y=37[/tex]

Then:

[tex]x=37-y[/tex]

And replacing on the first equation we get:

[tex]2(37-y)+4y=98[/tex][tex]74-2y+4y=98[/tex][tex]2y=98-74[/tex][tex]2y=24[/tex][tex]y=\frac{24}{2}[/tex][tex]y=12[/tex]

There are 12 pigs and therefore 25 ducks.

Other Questions
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