$16,000 is deposited into a savings account with an annual interest rate of 2% compounded continuously. How much will be in the account after 4 years? Round to the nearest cent.

Answers

Answer 1

The amount in the account after 4 years, rounded to the nearest cent, will be approximately $17,332.8.

Understanding Compound Interest

Recall the compounding formula:

A = P * [tex]e^{rt}[/tex]

Where:

A = Final amount in the account

P = Initial principal (deposit)

e = Euler's number (approximately 2.71828)

r = Annual interest rate (as a decimal)

t = Time in years

Given:

Initial principal (P) = $16,000

Annual interest rate (r) = 2%  = 0.02

time (t) = 4 years.

Substitute these values into the formula, we get:

A = $16,000 * [tex]e^{0.02 * 4}[/tex]

Using a calculator, we can calculate:

A = $16,000 * [tex]e^{0.08}[/tex]

A = $16,000 * 1.0833

A = $17,332.8

Therefore, the amount in the account after 4 years, rounded to the nearest cent, will be approximately $17,332.8.

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Related Questions

Can someone answer this question?

Answers

The graph of the polynomial function y = f(x) in the xy plane could be the first graph.

Given a polynomial function f.

Range of the polynomial function is the set of all the real numbers less than or equal to 4.

So y values are y ≤ 4

So the vertex of the function will be at y = 4 and other value are less than 4.

So parabola is downwards.

Two options are there with the parabola folded downwards.

Now the zeroes of f are at -3 and 1.

Zeroes of f are the values of x where the function touches the X axis.

Hence the correct graph is first one.

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What is the length of this circle?

Answers

The length of arc length s is 1152π² or 11358.26.

We have,

The arc length of a circle can be calculated using the formula:

Arc Length = 2πrθ/360

Where:

π is a mathematical constant approximately equal to 3.14159.

r is the radius of the circle.

θ is the central angle subtended by the arc, measured in degrees.

The arc length of a circle can be written as:

s = angles/360 x 2πr _______(1)

Now,

r = 4 cm

Angle = (2/5)π

Now,

Substitute in (1).
s = angles/360 x 2πr

s = (2/5)π/360 x 2π x 4

s = 2π x 72 x 2π x 4

s = 4π² x 288

s = 1152π²

or

s = 11358.26

Thus,

The length of arc length s is 1152π² or 11358.26.

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50 Points! Multiple choice geometry question. Photo attached. Thank you!

Answers

The correct answer is (D) 7 1/2

Suppose you pick 4 cards randomly from a well shuffled standard deck of 52 playing cards. The probability that you draw the 2,4,6, and 8 of spades in that order is

Answers

The probability of drawing the 2, 4, 6, and 8 of spades in that specific order is 0.0002.

What is the probability?

The probability of drawing a specific card without replacement from a well-shuffled deck is 1/52 for the first card, 1/51 for the second card, 1/50 for the third card, and 1/49 for the fourth card.

We wish to draw the specific cards (2, 4, 6, and 8 of spades) in that specific order.

The probability will be:

Probability = (1/52) * (1/51) * (1/50) * (1/49)

probability = 0.0002.

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Find a • b. a = <5, 2>, b = <4, 5> (2 points) a <20, 10> b <9, 7> c -10 d 30

Answers

The dot product of vectors a and b is option D. 30.

How did we get the value?

To find the dot product of two vectors, you need to multiply their corresponding components and then sum the results.

Let's calculate the dot product of vectors a = <5, 2> and b = <4, 5>:

a • b = (5 x 4) + (2 x 5)

= 20 + 10

= 30

Therefore, the dot product of vectors a and b is 30.

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What is the measurement of N?

Answers

The answer is 34 for B

she uses 3 inch by 3 foot strips of nylon. She will cut 12 separate peices. What are the side lengths of each piece? Round to the nearest tenth​

Answers

The solution is: 114 inches of wood, in inches, did Maya use in all.

Here, we have,

First, we must remember:

1 foot = 12 inches

Knowing that, let's solve the exercise:

• She made 5 strips, and in each one she used 14 inches of wood.

So, 5 * 14 = 70 inches

• 3 strips, each with 1 foot. So, 3 * 12 = 36 inches

• 4 strips, each with 1/6 foot. So, 4 * 2 = 8 inches

In all, she used 70 + 36 + 8 = 114 inches of wood.

Hence, The solution is: 114 inches of wood , in inches, did Maya use in all.

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complete question:

Maya cut a length of wood into strips to make 5 small picture frames. She used 4 inches of wood for each frame. For another project she cut another length of wood into 3 strips of 1 foot each and 4 strips of = foot 3 4 each. How much wood, in inches, did Maya use in all? Show your work.

A straw is placed inside a rectangular box that is 10 inches by 6 inches by 7 inches, as shown. If the straw fits exactly into the box diagonally from the bottom left corner to the top right back corner, how long is the straw? Leave your answer in simplest radical form.

Answers

10 Ich by 6 Ich by 7ich = 60 so the straw is 5.9 inch long

Consider this equation.

cos(0) = 4/41

If 0 is an angle in quadrant IV, what is the value of sin(0)

Answers

Answer: sin(0) = 40.804/41

Step-by-step explanation:

Zapisz w postaci dziesiętnej 7/100, 3 5/10

Answers

Answer:

7/100 w postaci dziesiętnej to 0,07.

3 5/10 w postaci dziesiętnej to 3,5.

Rachel has discovered the perfect recipe for icing that she wants to put on top of her cinnamon buns. The recipe calls for 5 tablespoons (tbsp) of sugar for every 2 teaspoons (tsp) of milk. Rachel already made her cinnamon buns and is ready to put on the icing. She has 7 teaspoons of milk for her next batch. How many tablespoons of sugar does she need?​

Answers

Answer:

Step-by-step explanation:

Rachel already has 7 teaspoons of milk.

so 7 x 5 = 35

So Racheal will need 35 teaspoons of surger.

Gabrielle is 13 years older than Mikhail. The sum of their ages is 97. What is Mikhail's age?

Answers

Answer: 42

Step-by-step explanation:

The best way to solve this is to set up an equation. In this problem, we can use "x" for Mikhail's age, so that Gabrielle's age becomes "x+13." Now, we can write, "x+x+13=97," because Mikhail's age (x) plus Gabrielle's age (x+13) is equal to 97. When we solve for x, we get x=42, so Mikhail's age is 42.

what is trigonometry ratio and if tan​

Answers

1) sin θ + tan θ is equal to 5/6. 2) sin θ is 5/12. 3) sec θ + cosecc^2 θ = 12/√119 + 144/25 4) cot θ + sin θ is equal to 169/60.

How to answer the aforementioned question

1) To find sin θ + tan θ, we need to find the value of sin θ. Using the identity tan θ = sin θ / cos θ, we can rewrite tan θ as sin θ / cos θ.

tan θ = 5/12 = sin θ / cos θ

Since we are given that 0 < θ < 90, both sin θ and cos θ are positive.

Using the Pythagorean identity[tex]{sin^2}[/tex] θ + [tex]cos^2[/tex] θ = 1, we can solve for cos θ:

[tex]cos^2[/tex] θ = 1 - sin^2 θ

[tex]cos^2[/tex] θ = [tex]1 - (5/12)^2[/tex]

[tex]cos^2[/tex]θ = 1 - 25/144

[tex]cos^2[/tex] θ = 119/144

cos θ = √(119/144)

cos θ = √119/12

Now, we can find sin θ using the relationship [tex]sin^2[/tex] θ + [tex]cos^2[/tex]θ = 1:

[tex]sin^2[/tex] θ = 1 - [tex]cos^2[/tex] θ

[tex]sin^2[/tex]θ = 1 - (119/144)

[tex]sin^2[/tex]θ = 25/144

sin θ = √(25/144)

sin θ = 5/12

Finally, we can substitute the values of sin θ and tan θ into the expression sin θ + tan θ:

sin θ + tan θ = (5/12) + (5/12) = 10/12 = 5/6

Therefore, sin θ + tan θ is equal to 5/6.

2) The value of sin θ is already calculated as 5/12.

3) To find sec θ + [tex]csc^2[/tex] θ, we need to find the values of sec θ and csc θ.

Since sec θ is the reciprocal of cos θ, we can calculate sec θ as:

sec θ = 1/cos θ = 1/(√119/12) = 12/√119

csc θ is the reciprocal of sin θ, so:

csc θ = 1/sin θ = 1/(5/12) = 12/5

Now, we can substitute these values into the expression sec θ + [tex]csc^2[/tex]θ:

sec θ + [tex]csc^2[/tex]θ = (12/√119) + [tex](12/5)^2[/tex]= 12/√119 + 144/25

4) To find cot θ + sin θ, we need to calculate the value of cot θ.

cot θ is the reciprocal of tan θ, so:

cot θ = 1/tan θ = 1/(5/12) = 12/5

Now, we can substitute the values of cot θ and sin θ into the expression cot θ + sin θ:

cot θ + sin θ = 12/5 + 5/12

To add these fractions, we need a common denominator:

cot θ + sin θ = (12/5)(12/12) + (5/12)(5/5)

              = 144/60 + 25/60

              = 169/60

Therefore, cot θ + sin θ is equal to 169/60.

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what is √5^9 written without using any radicals?

Answers

Step-by-step explanation:

the square root of 5 can be written as 5 ^ (1/2).

We can then multiply the exponents, so it's 9/2.

So the answer could be written as 5 ^ (9/2).

A kid's size small T-shirt is designed to fit children
who weigh between 43 and 55 pounds.
a. Write an inequality to describe w, the weight
of a child who has outgrown the small T-shirt.
9 √
b. Write an inequality to describe y, the weight
of a child who is not ready for the small T-shirt
yet.

Answers

A) The inequality that the weight of a child who has outgrown the small T-shirt is w > 55. B) The inequality that the weight of a child who is not ready for the small T-shirt yet. Is y < 43

How to determine the inequalities

a. To describe the weight (w) of a child who has outgrown the small T-shirt, we can use the inequality:

w > 55

This inequality states that the weight of a child (w) must be greater than 55 pounds for them to have outgrown the small T-shirt.

b. To describe the weight (y) of a child who is not ready for the small T-shirt yet, we can use the inequality:

y < 43

This inequality states that the weight of a child (y) must be less than 43 pounds for them to not be ready for the small T-shirt yet.

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The product of a number and five added to 17

Answers

Answer:

The phrase "The product of a number and five added to 17" can be represented mathematically as:

5x + 17

In this expression, 'x' represents the unknown number. The product of the number and five is calculated by multiplying the number by 5, and then 17 is added to the result.

how do i find find the distance

Answers

The value of distance of two points shown in figure is,

⇒ d = √20

We have to given that;

Two points on graph are,

(0, 1) and (2, - 3)

Since, The distance between two points (x₁ , y₁) and (x₂, y₂) is,

⇒ d = √ (x₂ - x₁)² + (y₂ - y₁)²

Hence, The distance of two points shown in figure is,

⇒ d = √ (x₂ - x₁)² + (y₂ - y₁)²

⇒ d = √ (2 - 0)² + (-3 - 1)²

⇒ d = √4 + 16

⇒ d = √20

Thus, The value of distance of two points shown in figure is,

⇒ d = √20

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The diagram shows a right-angled triangle.
24 cm
18 cm
_Not to scale
Calculate the value oft. Give your answer correct to 1 decimal place.

Answers

Answer:

can i have a photo, please?

Step-by-step explanation:

A washer and a dryer cost $995 combined. The washer costs $95 more than the dryer. What is the cost of the dryer?

Answers

Answer:

$450

Step-by-step explanation:

995/2 = 497.5

95/2 = 47.5

497.5 + 47.5 = 545

495 - 95 = 450

1.1 Convert 500 cm to m​

Answers

Answer:

5 m

Step-by-step explanation:

To convert 500 cm to m, you simply divide by 100 since there are 100 centimeters in 1 meter.

So, 500 cm ÷ 100 = 5 m

Toheebah ran round the playground 12 times. the playground is 240m by 160m.What distance did she cover?

Answers

Toheebah covered a distance of 9600 meters by running around the playground 12 times.To

How to determine 160m.What distance did she cover?

The perimeter of a rectangle can be calculated by adding the lengths of all four sides. In this case, the playground has dimensions of 240 meters by 160 meters, so the perimeter is:

Perimeter = 2 * (Length + Width)

Perimeter = 2 * (240m + 160m)

Perimeter = 2 * 400m

Perimeter = 800m

Therefore, the perimeter of the playground is 800 meters.

To find the distance Toheebah covered by running around the playground 12 times, we multiply the perimeter by 12:

Distance covered = Perimeter * Number of laps

Distance covered = 800m * 12

Distance covered = 9600m

So, Toheebah covered a distance of 9600 meters by running around the playground 12 times.

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100 Points! Geometry question. Photo attached. Determine whether the quadrilateral is a parallelogram. Justify your answer using a theorem. Please show as much work as possible. Thank you!

Answers

The prove of the statement is described below.

First of all ,

Labeling the given figure

And draw  a diagonal,

In the quadrilateral PQRS,

The side PQ is equal to the side RS.

Therefore,

PQ = RS

And also, the side PQ is parallel to the side RS.

Then,

PQ || RS.

Now, draw the diagonal PR.

We know that a parallelogram's diagonal divides the parallelogram into two congruent triangles.

By the rule of  Side-Angle-Side,

we can show that ∆ PQR ≅ ∆ RSP.

Therefore,

The side QR is parallel to PS

Then,

QR || PS.

Hence,

PQRS is a parallelogram.

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2 A car dealer, at a year-end clearance, reduces the price of last year's models by a certain amount. If a certain four-door model has been sold at a discounted price of Birr 51,000, with a discount of Birr 9,000, what is the percentage of discount?​

Answers

For calculating the percentage of discount, we can use the formula:

Percentage of discount = (Discount amount / Original price) * 100

We have given that the discounted price is Birr 51,000 and the discount amount is Birr 9,000,we need to find the original price.

Original price = Discounted price + Discount amount

Original price = 51,000 + 9,000 = 60,000 Birr

Now, we can calculate the percentage of discount:

Percentage of discount = (9,000 / 60,000) * 100 = 15%

Hence, the percentage of discount for the four-door model is 15%.

Harper recorded the heights of plants, in inches, as shown in the table.
nd the mean of the data.
11 12 13 14 15 16 17 18 19 20 21
Heights of Plants (in.)

Answers

The mean height of the plants whose heights are shown by the data set is 16 in.

Calculation of mean

To find the mean:

Sum of the values = 11 + 12 + 13 + 14 + 15 + 16 + 17 + 18 + 19 + 20 + 21 = 176

Total number of values = 11 (since there are 11 values in the data set)

Mean = Sum of the values / Total number of values

          = 176 / 11

          = 16

In other words, the mean of the given data set is 16 in and thus, the mean height of the plant is 16 in.

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100 Points! Geometry question. Photo attached. Please show as much work as possible. Thank you!

Answers

Answer:

SRTZ is not a parallelogram.

Slope of SZ:

[tex]m = \frac{ - 2 - 1}{1 - ( - 2)} = - 1[/tex]

Slope of RT:

[tex]m = \frac{0 - 3}{2 - 1} = - 3[/tex]

Since the slopes of SZ and RT are not equal, SRTZ is not a parallelogram.

Secondary School class 25
Pupile Study Economics, 5 pupils study
both Government and Economics. 48 PUA
Study either Government or
in ven diagram
Economic s
1) What is
the total number of peoplis puple
who study Grovernment?
economics)
(3) How
(2) How many poeples Study Only
many pupils Study only Goverment
. In ven diagram

Answers

Answer:

21

Source:

trust me bro

Question Find the distance between the two points. (12, 5), (−12, −2)

Answers

Answer:

Distance between points is 25 Units.

Step-by-step explanation:

To find the distance between two points, we can use the distance formula. The formula is:

d = sqrt((x2 - x1)^2 + (y2 - y1)^2)

Given the two points: (12, 5) and (-12, -2), we can assign the values as follows:

(x1, y1) = (12, 5)

(x2, y2) = (-12, -2)

Plugging the values into the distance formula, we get:

d = sqrt((-12 - 12)^2 + (-2 - 5)^2)

= sqrt((-24)^2 + (-7)^2)

= sqrt(576 + 49)

= sqrt(625)

= 25

Therefore, the distance between the points (12, 5) and (-12, -2) is 25 units.

Mrs. Sarfo is now three times as old as his daughter Joyce. If the sum of their ages 8 years ago was 48, find the girls present age​

Answers

If  the sum of their ages 8 years ago was 48 then the present age​ of girl is 16 years.

Mrs. Sarfo is three times as old as her daughter, so her present age would be 3J years.

8 years ago, Joyce's age would have been J - 8, and Mrs. Sarfo's age would have been 3J - 8.

The sum of their ages 8 years ago was 48:

(J - 8) + (3J - 8) = 48

Simplifying the equation:

4J - 16 = 48

Adding 16 to both sides:

4J = 64

Dividing both sides by 4:

J = 16

Therefore, the present age of Joyce is 16 years.

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Please help me out on this question

Answers

The relative frequency distribution is:

Income ($) | Frequency Relative | Frequency200-300 | 51 | 18.82%301-400 | 58 | 21.40%401-500 | 74 | 27.30%501-600 | 69 | 25.46%More than 600 | 19 | 7.01%

The correct option is A.

What is a relative frequency?

A relative frequency is the proportion of the total number of outcomes to the number of times a certain value of the data happens in the set of all outcomes.

Relative frequency = frequency of given data/total frequency * 100%

The relative frequency distribution of the given data is constructed below:

Total number of students = 51 + 58 + 74 + 69 + 19

Total number of students = 271

The relative frequency of each class interval will be:

200-300; 51/271 * 100% = 18.82%

301-400; 58/271 * 100% = 21.40%

401-500; 74/271 * 100% = 27.30%

501-600; 69/271 * 100% = 25.46%

More than 600; 19/271 * 100% = 7.02%

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Simplify (4x5y³)(-3x³y²).
O-12x85
Ox³y5
O-12x³y6
O-12x¹5,6

Answers

Answer:

-12x⁸y⁵

Step-by-step explanation:

Exponent law:

         xᵃ * xᵇ = xᵃ ⁺ ᵇ

In exponent multiplication, if bases are same, add the exponents.

Multiply the co-efficient.Multiply the variable using the exponent law.

(4x⁵y³) (-3x³y²) = 4*(-3) * x⁵⁺³ * y³⁺²

                        = -12x⁸y⁵

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