David’s bank offers a 36-month Certificate of Deposit (CD) with an APR of 2.25%. Use the compound interest formula to answer the following: a) If P = 2000, what is A(8)? b) Solve the equation A(t) = 4000 for t. c) What principal P should be invested so that the account balance is $2000 in three years?

Answers

Answer 1

Using compound interest, it is found that:

a) A(8) = 2389.66

b) t = 31.15

c) P = 1870.85

Compound interest:

[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]

A(t) is the amount of money after t years.  P is the principal(the initial sum of money).  r is the interest rate(as a decimal value).  n is the number of times that interest is compounded per year.  t is the time in years for which the money is invested or borrowed.

In this problem:

The APR is of 2.25%, hence [tex]r = 0.0225[/tex].No information about the number of compounding per year, hence [tex]n = 1[/tex].

Item a:

[tex]P = 2000[/tex], hence:

[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]

[tex]A(8) = 2000\left(1 + \frac{0.0225}{1}\right)^{8}[/tex]

[tex]A(8) = 2389.66[/tex]

Item b:

[tex]A(t) = 4000[/tex], hence:

[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]

[tex]4000 = 2000\left(1 + \frac{0.0225}{1}\right)^{t}[/tex]

[tex](1.0225)^t = 2[/tex]

[tex]\log{(1.0225)^t} = \log{2}[/tex]

[tex]t\log{1.0225} = \log{2}[/tex]

[tex]t = \frac{\log{2}}{\log{1.0225}}[/tex]

[tex]t = 31.15[/tex]

Item c:

[tex]A(3) = 2000[/tex], hence:

[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]

[tex]2000 = P\left(1 + \frac{0.0225}{1}\right)^{3}[/tex]

[tex]P = \frac{2000}{(1.0225)^3}[/tex]

[tex]P = 1870.85[/tex]

A similar problem is given at https://brainly.com/question/24850750


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Btw also found a spelling mistake in the question:instead of newtons you put netwons-      lol-

btw  

Rounded to the nearest thousandth would be 4.444 Newtons (same units you solved for k with)

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~Jamie

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499.2 cm^2

Step-by-step explanation:

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Answer:

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when solving for scale factor you divide the original drawing and scale drawing. Original is denominator, Scale is Numerator.

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Answer:

$60

Step-by-step explanation:

20% off means 80% of original price

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you could also do 20% = 1/5, 1/5 of 75 is 15, 75-15=60

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Answer:

2nd one is parallel and last one is perpendicular.

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The missing digit is: any odd number from 1-10. Only odd so: 1,3,5,7,9 would work! Hope this helps!! :)

Which scatter plot shows a positive linear association

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Answer:

Plot A

Step-by-step explanation:

Both B and C show a decreasing plot, while C is linear.

Only A is a positive ignoring the outliers.

Round this number to the nearest one.

3.5

Answers

Hello there, hope you are having a nice day.

This is the rule for rounding:

If the number is less than 5, we round down.

    - Example: 3.4 =>3

If the number is greater than or equal to 5, we round up.

     - Example: 6.7 =>7

Using this rule, we can round 3.5:

3.5 =>4

Hope it helps. Ask me if you have any queries.

Please mark Brainliest. It would mean a lot to me.

~An emotional teen who helps others with joy

Good luck.

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Answers

[tex]y = 2 \times + 11 = x = - \frac{11}{2} [/tex]

Answer:

[tex]x = - \frac{11}{2} [/tex]

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The value of U.S exports to China increased from $1480 million in 2011 to $2768 million in 2012. What was the percentage increase?

Answers

Answer: Percentage increase is 87.02%.

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b. Divide the answer in part a by value in 2011.

c. Multiply the answer in part b by 100.

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mark brainliest pls

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Answer:

I think it's. y=-2/1x+2

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Answer:

a ratio between two different units

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Step-by-step explanation:

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Around 4 pm because 7 - 3 = 4.

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Step-by-step explanation:

take off time 7:50 - 3:45

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Answer:

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Answer:

P = 24

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P = 2L + 2W ( substitute L = 4, W = 8 into the formula )

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Answer :

Step-by-step explanation:

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The area of the octagon below is 10,391. 9 square millimeters. An octagon has an apothem of 56 millimeters and an area of 10,391. 90 square millimeters. What is the approximate perimeter of the octagon? Round to the nearest whole number. Mm What is the approximate length of one side of the octagon? Round to the nearest whole number. Mm.

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The perimeter of the octogon is 371.14 millimeters, and each side is about 46.4 millimeters.

Given that an octagon has an apothem of 56 millimeters and an area of 10,391.90 square millimeters, to determine what is the approximate perimeter of the octagon and what is the approximate length of one side of the octagon, the following calculation must be performed:

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Answer:

Perimeter is 371mm

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Step-by-step explanation:

Got it right on Edge :)


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Answers

Answer:

The final total including tax is 838.5

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Step-by-step explanation:

I would appreciate if you answered!

Answers

Answer:

None of those options

Step-by-step explanation:

I just did the work myself and even ran it through a calculator but the correct answer isn't one of those options.  Here's my work:

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I'd contact you teacher about that...it might be an error in their system (it's happened to me a few times before where the correct answer is marked as incorrect or isn't even an option)

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Answers

Answer:

32°

Step-by-step explanation:

16 × 2 = 32

Keywords:

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So, original angle = 16°+16° =>32°

Step-by-step explanation:

If you like my answer than please mark me brainliest thanks

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4(x-3)/8 = y
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Answers

Answer:

3.81 km

Step-by-step explanation:

You first have to get the meters into kilometers. The conversion rate for this is 1 meter = 0.001 kilometer.

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Answer:

3.81 or

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Step-by-step explanation:

explanation above

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Answers

Answer:

x = 1

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Step-by-step explanation:

There are 2 ways, in this case the best way is by substitution so:

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y = -3x

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you solve the equation:

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is there a photo you can attach? because i see no polygons to label

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[tex]\huge\underline\mathtt\colorbox{cyan}{Graph B}[/tex]

[tex]\huge\mathsf\colorbox{white}{}[/tex]

Step-by-step explanation:

Graph B consists of a parabola that opens downward. If a parabola opens downward, the the coefficient of x will be negative.

More details:

There is an easy way to tell whether the graph of a quadratic function opens upward or downward: if the leading coefficient is greater than zero, the parabola opens upward, and if the leading coefficient is less than zero, the parabola opens downward.

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Answers

Using the slope - intercept relation, the equation which represents the cost of cab ride is y = 0.5x + 6.50

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Using the slope - intercept relation :

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Learn more : https://brainly.com/question/17225268

Please help homework due tomorrow!!

12. Ms. Kerr needs $450 to purchase new volleyballs. She has already saved 65% of the money, how much
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13. A 6th grade student is 5 feet tall and casts a 12 foot shadow. How tall is the 8th grader standing next to
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Answers

Answer:

12-157.5  13-6ft

Step-by-step explanation:

the first one just look up 65% of 450 and minus the number you get by 450

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the heights on top and shadows on bottom

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Answers

Answer:

I wish a could help u,

Step-by-step explanation:

I dont know what is that:)

What is the factorization of the expression below?
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O A. (4x - 3y)(x + 3y)
B. (4x-3y)(x - 3y)
O C. (2x-3)(2x-3y)
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Answers

[tex]\sf \longmapsto \: 4x {}^{2} - 9y {}^{2} [/tex]

There are no like terms so we can't simplify itFactoring

[tex]\sf \longmapsto(2x+3y)(2x−3y)[/tex]

[tex] \boxed{\sf (2x+3y)(2x−3y)}[/tex]

Answer:

Choice D

Step-by-step explanation:

Factorise: 4x²-9y²

We can obtain the factorization by this identity:

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Rewrite the given expression as:

(2x)² - (3y)²

Let (2x)² be a and (3y)² be b according to the identity.

So applying the identity:

(2x+3y)(2x-3y)(2x-3y)(2x+3y)

Choice D is accurate.

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