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Olenka [21]
3 years ago
13

How much would $500 invested at 6% invested compounded monthly be worth after 5 year? Round your answer to the nearest cent.

Mathematics
1 answer:
sweet-ann [11.9K]3 years ago
8 0
500(1+0.06/12)^60=???????
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Can someone please help me with this? I don’t understand what is given.
a_sh-v [17]

\bf BC=2BA\\ BE = 2BD \end{cases} \cfrac{BC}{BE}=\cfrac{~~\begin{matrix} 2 \\[-0.7em]\cline{1-1}\\[-5pt]\end{matrix}~~BA}{~~\begin{matrix} 2 \\[-0.7em]\cline{1-1}\\[-5pt]\end{matrix}~~BD}\implies \cfrac{BC}{BE}=\cfrac{BA}{BD}\impliedby \begin{array}{llll} \textit{equal ratio of sides}\\ \textit{similar triangles} \end{array}

8 0
3 years ago
A squirrel is 5.0 m away from you while moving at a constant velocity of 3m/s away from you. How far away is the squirrel after
Vladimir [108]
20 meters away.......
5 0
3 years ago
Suppose that you had the following data set. 500 200 250 275 300 Suppose that the value 500 was a typo, and it was suppose to be
hodyreva [135]

Answer:

\bar X_B = \frac{\sum_{i=1}^5 X_i}{5} =\frac{500+200+250+275+300}{5}=\frac{1525}{5}=305

s_B = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(500-305)^2 +(200-305)^2 +(250-305)^2 +(275-305)^2 +(300-305)^2)}{5-1}} = 115.108

\bar X_A = \frac{\sum_{i=1}^5 X_i}{5} =\frac{-500+200+250+275+300}{5}=\frac{525}{5}=105

s_A = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(-500-105)^2 +(200-105)^2 +(250-105)^2 +(275-105)^2 +(300-105)^2)}{5-1}} = 340.221

The absolute difference is:

Abs = |340.221-115.108|= 225.113

If we find the % of change respect the before case we have this:

\% Change = \frac{|340.221-115.108|}{115.108} *100 = 195.57\%

So then is a big change.

Step-by-step explanation:

The subindex B is for the before case and the subindex A is for the after case

Before case (with 500)

For this case we have the following dataset:

500 200 250 275 300

We can calculate the mean with the following formula:

\bar X_B = \frac{\sum_{i=1}^5 X_i}{5} =\frac{500+200+250+275+300}{5}=\frac{1525}{5}=305

And the sample deviation with the following formula:

s_B = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(500-305)^2 +(200-305)^2 +(250-305)^2 +(275-305)^2 +(300-305)^2)}{5-1}} = 115.108

After case (With -500 instead of 500)

For this case we have the following dataset:

-500 200 250 275 300

We can calculate the mean with the following formula:

\bar X_A = \frac{\sum_{i=1}^5 X_i}{5} =\frac{-500+200+250+275+300}{5}=\frac{525}{5}=105

And the sample deviation with the following formula:

s_A = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(-500-105)^2 +(200-105)^2 +(250-105)^2 +(275-105)^2 +(300-105)^2)}{5-1}} = 340.221

And as we can see we have a significant change between the two values for the two cases.

The absolute difference is:

Abs = |340.221-115.108|= 225.113

If we find the % of change respect the before case we have this:

\% Change = \frac{|340.221-115.108|}{115.108} *100 = 195.57\%

So then is a big change.

8 0
3 years ago
What is one trillion to the tenth power?
Mamont248 [21]

Answer:

1e+120

Step-by-step explanation:

3 0
3 years ago
Which shows two expressions that are equivalent to (- 8) (- 12) (2)?
bonufazy [111]

Answer: D (-8)(-24) and (-16)(-12)

Step-by-step explanation:

The first expression is equivalent to 192

Therefore, both must be positive which eliminates answer A, B, and C

Therefore the answer must be D

8x24 = 192

16x12=192

6 0
3 years ago
Read 2 more answers
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