Billy invests $5,000 in an account at 4.2% for 15 years, compounded monthly. Assuming no other deposits or withdrawals are made, how much will Billy have at the end of 15 years?

Answers

Answer 1
5,008 and you can find it on nerd wallet
Answer 2

The amount Billy has at the end of the 15 years is $9,377.73.

What is compound interest?

It is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

A = P[tex](1 + r/n)^{nt}[/tex]

P = principal

r = rate

t = time in years

n = number of times compounded in a year.

We have,

P = $5000

r = 4.2%

t = 15 years

n = 12

A = P[tex](1 + r/n)^{nt}[/tex]

A = 5000 [tex](1 + 0.0035)^{180}[/tex]

A = 5000 x [tex]1.0035^{180}[/tex]

A = $9,377.73

Thus,

Billy has $9,377.73 at the end of the 15 years.

Learn more about compound interest here:

https://brainly.com/question/13155407

#SPJ2


Related Questions

Thomas finished the 200-meter race in 25.7 seconds while Mikah finished in 28.1 seconds. How much faster did Thomas run the race than Mikah?

Answers

Answer:

2.4 seconds

Step-by-step explanation:

We can use subtraction to solve this problem.

28.1 - 25.7 = 2.4 seconds

[] Fun Fact: For men, the world record in the 200-meter dash is by Usain Bolt with a time of 19.30 seconds

Have a nice day!

     I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)

- Heather

Help help help help help math

Answers

Step-by-step explanation:

don't panic. just breathe and think logically.

why would these angles be different ? how could they be different ?

right : they cannot be different. otherwise the 2 horizontal lines would not be parallel.

so, yes, indeed, these 2 angles are identical.

3x + 2 = 2x + 6

x = 4

that's it.

Choose the symbol that correctly compares these mixed numbers.

Answers

Answer:

It is 7 2/11 is less then 7 4/10

Step-by-step explanation:

You do not have to worry about the whole number because they are the same. You have to compare the fractions, so if comparing fractions 10 is less then 11 so 1/10 has a larger space then 1/11. That is how i got the answer. Hope this helps. Am I right?

Answer:

[tex]\huge\purple{\overline{\quad\quad\quad\quad\quad\quad\quad\quad\quad \ \ \ }}[/tex]

[tex]7 \frac{2}{11} < 7 \frac{4}{10} [/tex]

Answer: B

Please help!
Having lots of trouble with math :)

Answers

So x and y are supplementary because the angle beside X is 90º so all together it’s 180º


And each side should add up to 90º

So x and y should each be 45º if I’m not mistaken, and then z is (I forgot the proper vocab term for this) right flippity across y so it should also be 45º
It should be a supplementary angle. Srry if it doesn’t help :/

What functions have a range of {y £ R | -

Answers

Answer:

the second and the fourth have a range of real no

LAST ATTEMPT !! MARKING AS BRAINIEST!!

Answers

Answer: You have to get a better picture cause I cant see but D'C is 8

Step-by-step explanation:

help me please ill mark as the brainiest if correct.

Answers

Answer:

14 minutes

Step-by-step explanation:

For every two minutes the temperature increases by 15 c. since 8 equals 55, 10 is 70, 12 is 85, and 14 is 100.

Answer:

14

Step-by-step explanation:

this drawing shows an isosceles triangle work out the size of angle a plz help as soon as possible thks




Answers

Answer:

70°

Step-by-step explanation:

Size of angle a = (180°-40°) ÷ 2 (angle sum of triangle; base angles of isos triangle)

                         = 140° ÷ 2

                         = 70°

Answer:

a + 40° = 180°

a t40°-40° =180°- 40°

a = 140°

Step-by-step explanation:

isosceles add up to 180°

The cost of 5 story books is Rs 800. How many books can be bought for Rs 1,440?​

Answers

Answer:

cost of 5 story book=800

cost of 1 story book=800/5

=160

how many. book can be bought on rs.1400

=1400/160

=8.75

Step-by-step explanation:

=

3 1/3 of it is 10
I need help!

Answers

Not sure what your asking but i know from 3 1/3 of it is 10 means 3 1/3 equals 1/3rd of 10 but please tell me what your asking in the comment section ty

LAST ATTEMPT IM MARKING AS BRAINLIEST!! (Graph the image of the figure using the dilation given)

Answers

Answer:

Try this on for size

Step-by-step explanation:

Please help………………………

Answers

Answer:

= 180

y = 34

is the answer

Anyone know how to work this problem? I need to find the domain and range

Answers

Answer:

Step-by-step explanation:

Domain : [-9,-3]

Range: [2,6]

Answer:

um I think it's the range is 30

Find the missing number so that the equation has infinitely many solutions.
4(4x - 14) - 14x +
-2(-x + 19)

Answers

Answer:

  18

Step-by-step explanation:

Maybe you want to fill in the blank so this is true for all x:

  4(4x -14) -14x + ___ = -2(-x +19)

Simplifying, we get ...

  16x -14x -56 + ___ = 2x -38

Adding 56-2x to both sides leaves ...

  ___ = 18

The missing number is 18.

help plssssssssssssssssssssssssssssssssssssss

Answers

ANSWER: 0.125 cubic cm

Please help me with these proof questions!

Answers

Answer:

The answers can be seen in the photo

Which value of x is a solution of the equation 4(x + 3) - 10 =6 (x -2)

Answers

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\textsf{4(x + 3) - 10 = 6(x -2)}\\\large\textsf{4(x) + 4(3) - 10 = 6(x) + 6(-2)}\\\large\textsf{4x + 12 - 10 = 6x - 12}\\\large\textsf{4x + 2 = 6x - 12}\\\large\text{SUBTRACT 6x to BOTH SIDES}\\\large\textsf{4x + 2 - 6x = 6x - 12 - 6x}\\\large\text{SIMPLIFY IT!}\\\large\text{NEW EQUATION: \textsf{-2x + 2 = -12}}\\\large\text{SUBTRACT 2 to BOTH SIDES}\\\large\textsf{-2x + 2 - 2 = 6x - 12 - 6x}\\\large\text{SIMPLIFY IT!}\\\large\textsf{-2x = -14}\\\large\text{DIVIDE -2 to BOTH SIDES}[/tex]

[tex]\mathsf{\dfrac{-2x}{-2}= \dfrac{-14}{-2}}\\\large\text{CANCEL out: }\rm{\dfrac{-2}{-2}}\large\text{ because it gives you 1}\\\large\text{KEEP: }\rm{\dfrac{-14}{-2}}\large\text{ because it helps solve for the x-value}\\\large\text{NEW EQUATION: }\mathsf{x = \dfrac{-14}{-2}}\\\large\text{SIMPLIFY IT!}\\\large\textsf{x = 7}\\\\\\\huge\boxed{\text{Therefore, your answer is: \boxed{\textsf{x = 7}}}}\huge\checkmark[/tex]

[tex]\huge\text{Good luck on your assignment \& enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

lim
x→0

5x2 + 2x/sin(x) ?????

Answers

Answer:

114.59155

Step-by-step explanation:

Answer:

Sorry i didn't know that

what decimal represents the fraction 1/4

Answers

Answer:

0.25

Step-by-step explanation:

1/4 is equal to 1.00 split into 4 equal parts. 0.25*4 = 1.00 , meaning that each 1/4 is equal to 0.25

Answer:

0.25.

Step-by-step explanation:

We divide 1 by 4:

4)  1. 00

    0.25

Which of the following are possible side
lengths for a triangle?
A. 8, 5, 7
B. 10, 3, 7
C. 9,5, 15

Answers

Answer:

A  yes     B No    C  Yes

Step-by-step explanation:

The length of the third side is greater than the difference and less than the sum of the two smallest sides.

8, 5, 7    Using the 5 and 7  the third side is > (7 - 5) and < (5 + 7)

                                              the third side is  > 2  and < 12 so 8 is OK

10, 3, 7   Use the two smallest number: 3 and 7

                                               the third side is  > (7 - 3) and < (3 + 7)    

                                               the third side is > 4 and < 10   No it is 10

9, 5, 15    Use the two smallest number 9, 5

                                               the third side is > (9 - 5) and < (9 + 5)  

                                               the third side is > 4 and < 14       Yes  

Answer:

A. 8, 5 , 7

Step-by-step explanation:
the other guy who answered  gave two yes's so I chose one and A. was correct.

Help help math math

Answers

Answer:

There are 24 different combinations.

Step-by-step explanation:

2x4x3= 24

I’ll give the crown thing
The band sold 456 pies in 2 weeks. Which proportion could be used to make the best estimate for the number of pies that will be sold in 12 weeks?

Answers

Answer:

i would say A. if its not a its B.

Step-by-step explanation:

WILL GIVE BRAINLIEST

Answers

Answer:the slope of the line is 5/3

The y-intercept is 0

Step-by-step explanation:

Answer:

C and E

Step-by-step explanation:

Please answer
2x^2+7x+3=0

Answers

Answer:

x+-(1)/(2),-3

Step-by-step explanation:

Thank you:)

What do you add to 17/4 to make 5?

Answers

The number that can be added to 17/4 to make 5 is 3/4

How to add fractions

Given

Add to 17/4 to make 5

let

x = number added

x + 17/4 = 5

x = 5 - 17/4

x = (20-17) / 4

x = 3/4

Learn more about fraction:

https://brainly.com/question/11562149

pls help quick
plssss
plssssss

Answers

The second year would be 16.
The third year would be 20.

E=4i+3j A=5i finfd E.A=EAcos

Answers

Answer:

theta = 36.87

Step-by-step explanation:

E.A= (4i+3j).5i= 20

|E| |A| =

[tex] | e| |a| = \sqrt{4 ^{2} + {3}^{2} } \times 5 = 25[/tex]

[tex] \cos(theta) = \frac{e.a}{ |e ||a | } = \frac{20}{25} = \frac{4}{5} \\ theta = \cos ^{ - 1} ( {.8} ) = 36.87 [/tex]

Rebecca draws a graph of a real-world relationship that turns out to be a set of unconnected points. Can the relationship be linear? Can it be proportional? Complete the explanation of your reasoning.

Answers

Answer:

Step-by-step explanation:

A jet plane can carry up to 200,000 liters of fuel. It used 130,000 liters of fuel during a flight. What percentage of the fuel capacity did it use on this flight?

Answers

Answer:

Step-by-step explanation:

65%

Step-by-step explanation:

Given: Full capacity= 200000 litres

          Amount of fuel used during flight= 130000 litres

Now, finding percentage of fuel used on the flight.

∴ Percentage of fuel used=  

Solving it, we will get  

∴ 65% of fuel capacity been used in this flight.

Answer:

65%.

Step-by-step explanation:

(130,000/200.000) * 100

= 0.65 * 100

= 65%.

ALOT OF POINTS FOR THIS ONE

Admission to the state fair is $12, and each ride ticket costs $3.50. Write an
expression to represent the situation and explain what the variable means.

3.50t + 12 where t represents the number of ride tickets
3.50a + 12 where a represents the cost of admission
12a + 3.50 where a represents the cost of admission
12t + 3.50 where t represents the number of ride tickets

Answers

Answer:

Step-by-step explanation:

12a + 3.50t x 6rides

Other Questions
Which statement is most closely related to the modern theory of evolution?. explain or show that the point (5,-4) is a solution to this system of equations Find g(x) if the indefinite integral of f(x) need little help If I place an egg in orange soda will it gain mass or lose mass? Can someone please help with this?Solve the equation p2 + 14p = 32 by completing the square method (and need to show work) What is the formula for the binary ionic compound formed betweenzinc and nitrogen. The price of an item has been reduced by 45%. The original price was $60. What is the price of the item now? Which sentence uses correct end punctuation? Evergreen trees retain their green color throughout the winter! Look at that beautiful, red sugar maple tree? Plants stop making chlorophyll in the winter to save energy, o Why do some trees drop their leaves in the autumn and others do not? Which definition of the word access is being used in the sentence?Julie needs the password to access the locked files.options:1. noun. The ability, right, or permission to use, enter, or approach something.2. noun. A way or method of approach.3. verb. To be able to reach, enter, use, or approach.DONT PUT A LINK Triangle H J K is cut by line segment A B. Line segment A B goes from side H J to side H K. The length of H A is 5. 25 inches, the length of H B is 3 inches, and the length of B K is 5 inches. What is the length of Line segment A J if Line segment A B is parallel to lines segment J K? 8 in. 8. 75 in. 10. 25 in. 14 in. Jiana is a flight attendant for a large airline. She exclusively works a long flight from Japan to New York and is expected to constantly maintain a positive attitude no matter what situation arises. Over the years, Jiana has noticed that when dealing with Americans, emotions tend to run higher, and she often feels frustrated, as opposed to Japanese flyers who tend to be more reserved in stressful or unhappy situations. Jiana has spoken with her supervisor about the stress caused when working with the American emotionality and hopes some suggestions for resolution will be made. If Jiana wants to reduce the amount of psychological damage caused by the emotional dissonance her job creates, she should Select one: a. engage in surface acting. b. engage in deep acting. c. take acting lessons. d. see a psychologist. e. get more training work out the volume of the cone giving your answer to 3 significant figures 7cm 24cm 25cm PLEASE HELP!Determine the value of X. Tech a says that analog signals are continuously variable signals. Tech b says that digital signals are direct on/off signals with no in-between transition. Who is correct?. The instant before a batter hits a 0.14-kilogram baseball, the velocity of the ball is 45 meters per second west. The instant after the batter hits the ball, the ball's velocity is 35 meters per second east. The bat and ball are in contact for 1.0 x 10-2 second. 1. find the magnitude and direction of the average acceleration of the baseball while it is in contact with the bat. 2. calculate the magnitude of the average force the Bat exerts on the ball while they are in contact. Find the area of the triangle read the sentence below and fill in the blanks to make a logical assertions using comparative and superlative construction2. Marcos tiene veintin aos. Consuelo tiene dieciocho aos, Mara tiene quince aos.Marcos es (the oldest of)_____los tres.Mara es (the youngest of)____los tres. why did the British want to expand their control into the Ohio valley in the mid-1700s Imagine that you are a psychologist working in a youth detention center. All of your clients are adolescents that have broken the law in some form or another, but most are for non-violent offenses. Also imagine that all of your clients are of a different gender, ethnicity, and sociocultural background than yourself. Based on the recommendations of Sue and Sue (2016) and the other points raised in this chapter regarding the therapeutic alliance, explain how your personal experiences and worldview can impact the relationships you attempt to build with your clients. Someone please help me with this