You open a money market account with $7500 at 5% compound quarterly. After two years, $1500 is withdrawn from the account to buy a new computer. A year later, $2000 is put in the account. What will be the ending balance if the money is kept in the account for another three years?

Answers

Answer 1

Answer:

  $10,596.81

Step-by-step explanation:

The balance on an account earning 5% interest compounded quarterly can be found using the formula ...

  A = P(1 +0.05/4)^(4t)

where P is the principal invested and t is the number of years.

__

Here, we are investing $7500.00. After 2 years, the account balance will be ...

  A = $7500(1 +0.05/4)^(4·2) = $8283.65

After the $1500 withdrawal, the new balance will be ...

  $8583.65 -1500.00 = $6783.65

__

This is the amount earning interest for the next year, after which time the balance will be ...

  A = $6783.65·(1.0125)^(4·1) = $7129.24

When $2000 is added to the account, the principal earning interest for the last 3 years is ...

  $7129.24 +2000.00 = $9129.24

__

The final balance after 3 more years is then ...

  A = $9129.24·(1.0125)^(4·3) = $10,596.81

_____

These calculations are conveniently carried out by a spreadsheet, as in the attached. Since the account changes are all done at the end of the year, we don't have to keep track of the quarterly balances. The formula used to calculate the ending balance each year is shown.

You Open A Money Market Account With $7500 At 5% Compound Quarterly. After Two Years, $1500 Is Withdrawn

Related Questions

Identify the correct weight to the nearest 1/8 pound, then reduce the fraction if possible.

A. 2 12/16 = 2 3/4 Ib
B. 2 2/8 = 2 1/4 Ib
C. 2 14/16 = 2 7/8 Ib
D. 2 1/2 Ib

Answers

The measured weight is (2 + 3/4) lb, so the correct option is A.

How to read the measure?

First, we can see that the needle is between the 2lb and 3lb mark, so we know that we have a measure between these two values.

Now, let's count the number of small lines between the needle and the 2lb mark. There are 12 marks (the 12th is below the needle). Then the measure will be:

(2 + 12/16) lb.

Now we want to simplify the fraction. If we divide both numerator and denominator by 4, we get:

12/16 = 3/4

Then the weight is:

(2 + 3/4) lb

Then the correct option is A.

If you want to learn more about weight, you can read:

https://brainly.com/question/11408596

Answer: Now, let's count the number of small lines between the needle and the 2lb mark. There are 12 marks (the 12th is below the needle). Then the measure will be:

(2 + 12/16) lb.

Now we want to simplify the fraction. If we divide both numerator and denominator by 4, we get:

12/16 = 3/4

Then the weight is:

(2 + 3/4) lb

Then the correct option is A.

Step-by-step explanation:

According to the line plot how many apples weigh 5/8 of a pound

Answers

Answer:

Answer:4 apples weigh 5/8 pound.

Step-by-step explanation:

Answer:

2(−5) − 10 = 2(0)

Step-by-step explanation:

If you substitute the values x = 0 and y = −5 into the second equation, you get a false statement

the sum of 3x and 1 is greater than-5 and less than or equal to 10

Answers

Answer:

x is greater than -2 and less than or equal to 3

Step-by-step explanation:

so the 3x + 1 is greater than -5

so 3x is greater than -6

we divide both sides by 3

then we find out that x is greater than -2

we also know that 3x + 1 is less than or equal to 10

so 3x is less than or equal to 9

we divide both sides by 3

then we find out that x is less or equal to 3

so we can say that x is greater than -2 and less than or equal to 3

I REALLY NEED HELP MY GRADES GO IN TONIGHT AND I CANT SOLVE THIS I NEED A REAL ANSWER I WILL CHECK BEFORE GIVING POINTS!!!!!!!!!!!!!!!!!

Answers

Answer:

it's "whats shaking"

Step-by-step explanation:

Answer:

k=8.

n=12

a=29

h=5

i=297

g=89

which pair of pairs of polygons are congruent.

Answers

Answer:

bottom left. (arrow shaped)

Step-by-step explanation:

congruent shapes are the same size and shape

If cosθ=2/3 find cscθ using identities. This is in quad. 1.

Answers

Step-by-step explanation:

cos θ = 2/3

[tex] \quad \twoheadrightarrow\sf {cos \; \theta = \dfrac{Base}{Hypotenuse} } \\ [/tex]

Hence, base = 2 units and hypotenuse = 3 units.

[tex] \quad \twoheadrightarrow\sf { H^2 = B^2 + P^2} \\ [/tex]

[tex] \quad \twoheadrightarrow\sf { P^2 = H^2 - B^2} \\ [/tex]

[tex] \quad \twoheadrightarrow\sf { P^2 = (3)^2 - (2)^2} \\ [/tex]

[tex] \quad \twoheadrightarrow\sf { P^2 = 9- 4} \\ [/tex]

[tex] \quad \twoheadrightarrow\bf { P = \sqrt{5}} \\ [/tex]

Now, we know that :

[tex] \quad \twoheadrightarrow\sf {cosec \; \theta = \dfrac{Hypotenuse}{Perpendicular} } \\ [/tex]

[tex] \quad \twoheadrightarrow\bf{cosec \; \theta = \dfrac{3}{\sqrt{5}} } \\ [/tex]

Therefore, the required answer is 3/5.

-8 - (-2) = X
X = ?
WHAT IS X ?

Answers

Answer:
x = -6

Steps:

-8 - (-2) = x

Remove parenthesis.

-8 - - 2 = x
-8 + 2 = x
2 + - 8 = x
2 - 8 = -6
when two negatives are placed together it becomes positive

-8 + 2 = -6

What is the equation of the parabola with focus (0, 1/2) and directrix y= -1/2

Answers

keeping in mind that the vertex is half-way between the focus point and the directrix, and since the focus point is above the directrix, meaning the parabola is a vertical parabola opening upwards, the parabola will more or less look like the one in the picture below, with a distance from the vertex of "p" being positive since it's opening upwards.

[tex]\textit{vertical parabola vertex form with focus point distance} \\\\ 4p(y- k)=(x- h)^2 \qquad \begin{cases} \stackrel{vertex}{(h,k)}\qquad \stackrel{focus~point}{(h,k+p)}\qquad \stackrel{directrix}{y=k-p}\\\\ p=\textit{distance from vertex to }\\ \qquad \textit{ focus or directrix}\\\\ \stackrel{"p"~is~negative}{op ens~\cap}\qquad \stackrel{"p"~is~positive}{op ens~\cup} \end{cases} \\\\[-0.35em] \rule{34em}{0.25pt}[/tex]

[tex]\begin{cases} h=0\\ k=0\\ p=\frac{1}{2} \end{cases}\implies 4(\frac{1}{2})(y-0)~~ = ~~(x-0)^2\implies 2y=x^2\implies y=\cfrac{1}{2}x^2[/tex]

What is the sum of 1/4 and 5/12 ?

Answers

Answer: 8/12

Step-by-step explanation:

1/4 times 3 will give you 3/12 and add 5/12


Derek bought a pair of pants for $35 and 3 shirts. He spent a total of $62.50. How much did each shirt cost? What is the equation for X?

Answers

Answer:

62.25=35+3x

62.25-35=27.25

27.25=3x

divide both sides by 3

x=9.08 or just 9

A point located at (1, 8) is reflected over the x-axis. What are the coordinates of the image?

(-1, 8)
(8, 1)
(-1, -8)
(1, -8)

Answers

Answer:

(1, -8)

Step-by-step explanation:

In this case, we are reflecting. Since we are reflecting over the x axis, the only thing that will change will be the y.

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

The x is staying the same because it is not moving. The y, however, is changing sides.

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

Since the y is positive in its original spot, when you reflect over the x axis, you will have a negative y value, which is why it is a -8.

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

I hope this helps!

-No one

which is a better value? 1 pound of apples for 2.15 or 3 pounds of apples for 5.76

Answers

Answer:

From what i've gotten on another answer on brainl It might be 3 pounds of apples for 5.76. On another question i've resarched i've also gotten $7.91.

Step-by-step explanation:

Sorry if none of these answers have helped you.

Answer:

The 2nd offer - 3 pounds of apples for 5.76

Step-by-step explanation:

1. Find the unit price for the 1st offer.

The unit price is 1 pound of apples for $2.15.  <-- given information

2. Find the unit price for the 2nd offer.

We can set up a proportion to find the unit price.

3 pounds / $5.76 = 1 pound / $x

Let x = how much 1 pound of apples are for the 2nd offer

Cross multiply

3 · x = 5.76 · 1

Simplify

3x = 5.76

Divide both sides by 3 to isolate x

x = 1.92 = $1.92 for a pound of apples (2nd offer)

3. Compare the two offers' unit prices.

$2.15   <-- 1st offer

$1.92   <-- 2nd offer

The second offer is the better value because it costs less for each pound of apple.

I hope this helps and please mark me as brainliest!

A quantity with an initial value of 4000 grows exponentially at a rate of 0.05% every 5 decades. What is the value of the quantity after 1 year, to the nearest hundredth?

Answers

The value of the quantity after 1 year, to the nearest hundredth is 4000.00

The exponential form of an equation

The standard exponential equation is eexpressed as:

[tex]P(t)=P_0e^{kt}[/tex]

Given the following parameters

[tex]P_0=4000\\r =0.0005\\t = \frac{1}{50} =0.02 (yearly)[/tex]

Substitute into the formula to have:

[tex]P(t)=4000e^{0.0005(0.02)}\\P(1)=4000e^{0.00001}\\P(1)=4000[/tex]

Hence the value of the quantity after 1 year, to the nearest hundredth is 4000.00

Learn more on exponential equations here: https://brainly.com/question/12940982

Please help me find the code for this puzzle l. I included all you will need.

Answers

Answer:

Code: AHAN

Step-by-step explanation:

Domain: 0 to 8.

Range: 0 to 18.

0 is A.

H is 8.

N is 18.

What simple interest rate would you pay if you borrowed $5000 and paid back $6000 as promised after 5 years?
Enter the rate as a %.
(Use integers or decimals for any numbers in the expression.)

Answers

Answer:

4%

Step-by-step explanation:

6000 x 100 / 5000 = 120

after 5 years the total interest is 20%

each year interest = 4%

( 4 x 5 =20 )

After a 25% reduction, a sweater is on sale for $41.25.
What was the original price?

Answers

Let the original price be x.

x * (1 - 0.25) = $41.25

0.75x = $41.25

x = $41.25 / 0.75 = $55

Answer:

$55

Step-by-step explanation:

____ decrease by 25%= $41.25, which the unknown number is $55.

Solve on [0,2pi). Answer in order from smallest to biggest
cos x sin x = sin x

Answers

Answer:

0, π

Step-by-step explanation:

cos x sin x = sin x

cos x sin x - sin x = 0

sin x (cos x - 1) = 0

sin x = 0, x = 0, π

cos x - 1 = 0

cos x = 1, x = 0

So answers: 0, π

help me please. either one is fine.

Answers

7)
95+(3x+23)+(7x-4)+(9x-6)+90 = (5-2) x 180
x = 18

9)
41+(3x+6)+(7x-11)+62+(4x+7)+(6x-5) = 360
x = 13


1ST TO ANSWER GETS BRAINLIEST
What is the total area of the patio, walkway, and garden?

Answers

Answer:

82 ft²

Step-by-step explanation:

Evaluate 9 divided by 3 [(18-6)-2 to the second power]

Answers

Answer: 24

I hope this helped

Arun and Benny started saving at the same time. Each day, Arun
saved $1.20 and Benny saved $0.30 more than Arun. How much would
Arun have saved if Benny saved $11.40 more than Arun?

Answers

Answer:

$45.60 would be what Arun would have saved.

Help with this answer

Answers

Answer:

down syndrome

Step-by-step explanation:

how many positive integers are between 28/3 and 83/5

Answers

Answer: ur dad

Step-by-step explanation:

lol

There are 7 positive integers in between 28/3 and 83/5.

What is an integer?

An integer is a whole number (not a fractional number) that can be positive, negative or zero.

Given that;

Two fractions are;

28/3 and 83/5.

Now, Write fraction into decimal form as;

28/3 = 9.33

83/5 = 16.6

So, All Integers in between 9.33 and 16.6 are;

⇒ 10, 11, 12, 13, 14, 15, 16

Thus, There are 7 positive integers in between 28/3 and 83/5.

Learn more about the integers visit:

https://brainly.com/question/24653557

#SPJ2

The length of a rectangle is 3 inches more than it’s width.If the perimeter is 42 inches,find the dimensions of the rectangle.

Answers

Answer: Length = 9 in

Width = 12 in

Step-by-step explanation:

Length L = 3 + W

Perimeter P = 42 in

Perimeter = 2L + 2W

plugin values:

42 = 2(3 + W) + 2W

42 = 6 + 2W + 2W

42-6 = 4W

W = 36 / 4

W = 9  

solve L by substituting the value of W=9 into the equation:

L = 3 + W

L = 3 + 9

L = 12

therefore, the dimensions of the rectangle:

               Length = 9 in

               Width = 12 in

Answer:

Answer:

length = 9 in

width = 12 in

Step-by-step explanation:

You have to use the formula for the perimeter of a rectangle

P=2(l+w)

Help help help help help

Answers

Answer:

A' = (- 3, 0)

Step-by-step explanation:

[tex]A' = (x + 3, \: y - 2) \\ \\ \implies \: A' = ( - 6+ 3, \: 2 - 2) \\ \\ \implies \: A' = ( - 3, \: 0) [/tex]

Answer:

A' = (-3, 0)

Step-by-step explanation:

Pre-Image coordinate:

A (-6, 2)

Translation: (x, y) --> (x + 3, y - 2)

(-6 + 3, 2 - 2)

(-3 0)

Image coordinate:

A' = (-3, 0)

hope this helps!! p.s. i really need brainliest :)

20.
19. Make Sense and Persevere Use the Distributive
Property to expand 7(7x - 3y) - 6.
HELP PLEASE

Answers

Answer:

49x-21y-6

Step-by-step explanation:

7(7x) 7(-3y) -6

49x-21y-6=0

* WILL MARK BRAINIEST*
PLEASE HELP
7.03 Understanding Compound Events -

Record your results here:

Landing: Frequency:
heads, heads ____________
heads, tails ______________
tails, heads ______________
tails, tails ________________
TOTAL: 50
please help :))

Answers

Answer:

Tails, tail: 26

Heads: 9

Heads Tails: 26

Tails: 15


Step-by-step explanation:
(credit to the person who answered your question before me)

Have a great rest of your day
#TheWizzer

Here are two fractions.
3/10 5/7

Work out which of the fractions is closer to 1/2

You must show your working.

Answers

Answer:

5/7

Step-by-step explanation:

Umm because the denominator 7 is less than 10 and 7 is the nearest number to 1/2

I hope it helps

Carl is arranging 86 chairs for a
dinner party. Carl places 5 chairs at
each table. Any remaining chairs will
be set aside. How many tables will
have 5 chairs?

Answers

||17 tables|| will have 5 chairs because 86 divided by 5 is 17.2 so 17 tables with 5 in total

Which describes the combined variation in the formula h=2a/b?
h varies jointly with 2 and A and inversely with b.
h varies directly with A and inversely with b.
h varies jointly with A and b.
h varies inversely with A and b.

Answers

Step-by-step explanation:

h varies directly with a and inversely with b.

2 is the constant of variation.

Other Questions
Federal appeals courts are also known as circuit courts. True or False? Many mammals whose diet includes a great deal of leafy plant matter have extra compartments or extensions of their digestive tract that are not present in similar mammals that do not eat leaves. The function of the extra compartments is to Group of answer choices A. Increase surface area for absorption of nutrients into the blood B. Provide an area for their symbiotic bacteria to live C. Provide an area to store the leafy matter before digestion D. Provide an area to store water required for digestion 5 and 1/3 divied by 2 and 2/9 Sonia earned $2,100 at her uncle's orchard. if she worked for 70 weeks and earned the same amount of money each week, how much did she earn per week? Why is walking away refusal skill that doesnt always work 1.1 Based on this excerpt from her novel, Mary Shelley seems to express the viewthat science -A is capable of producing miraculous resultsB offers solutions to the limitations of human mortalityChas the potential to be used for misguided intentionsD advances more quickly than our ability to understand it 288 feet75.36 feet37.68 feet24 feet HELP ASAP Mr. Rodriguez asked 60 randomly chosen students from each grade level at Willowbrook School about their favorite types of reading materials. Of those 60 students, 12 chose science fiction. Mr. Rodriguez used the data to draw the inference that about 20% of middle school students prefer to read science fiction. If 150 students attend the school, did he make a reasonable inference? Explain Which of these would be considered a natural resource? A) coal B) computers C) furniture D) pizza what would happen if you put vegetable oil and ice cubes into a beaker together? what would happen if you left it on the counter overnight? What is one common characteristic of legends?They take place in modern times.They contain exaggerated facts.They take place in a different universe.They explain how to do or make something. help please!!4Which of the following sentences quotes this passage correctly?A. James states. Plough snails) eat dead fish and other dead animals that wash up on the beach" (20).B. James explains. The snails stick into dead animals tubes that are like straws (20). C James informs Plough snails eat so much in one meal that one feeding keeps them going for twoweeks (20)OD. James writes. Plough snails] can detect even the tiniest amount of dead animal particles in the water(20)ResetSmit Determine whether each of these sets is countable or un- countable. For those that are countably infinite, exhibit a one-to-one correspondence between the set of positive integers and that set. a. integers not divisible by 3 b. integers divisible by 5 but not by 7 c. the real numbers with decimal representations con- sisting of all 1s d. the real numbers with decimal representations of all 1s or 9s Which of the following shows the correct solution steps and solution to 7x- 4 = -182 7x - 4 = -18 71 - 4+4= -18 + 4 72 = -14 A. 72 -14 7 7 = -2 70 4= -18 72 - 4+4= -18 + 4 70 = -14 7x - 14 -7 -7 B. = 2 Explain how the number of chromosomes per cell is cut in half during meiosis in which the diploid parent cell produces haploid daughter cells.please help short answer, please 50 points please don't copy my life depends on this What is the pattern; 1=4 2=4 3=64 4= ? the sum of a minutes and b seconds, expressed in minutes, is: What causes Jonna to rake leaves?A. She wants her parents to let her go to the movies.B. Her dad makes her do chores on Saturdays.C. She needs money to buy the bike she wants.D. Her dad wants her to help the family make money. Based on the ksp experiment describe a way to soften water by removing calcium ions A library had 6422 music CDs stored on 26 shelves.If the same number of CDs were stored on each shelf how many CDs were stored on each shelf