Ask question

Ask question

All categories

3 years ago

14

Suppose that $30000 is invested at 7% interest. Find the amount of money in the account after 8 years if the interest is compoun

ded annually

1 answer:

Andreyy893 years ago

7 0

A=30,000(1+.07/1)^8*1
Final amount = Principal(1+rate/times compounded in a year)^years to grow*times compounded in a year
Answer = 51,545.59

You might be interested in

Researchers are studying the distribution of subscribers to a certain streaming service in different populations. From a random

Katen [24]

Answer:

$CI = (0.17 - 0.27)\± 1.65\sqrt{\frac{(0.17)*(0.83) + (0.27)*(0.73)}{200}}$

Step-by-step explanation:

Given

$n = 200$

$x_1 = 34$ -- City C

$x_2 = 54$ --- City K

Required

Determine the 90% confidence interval

This is calculated using:

$CI = \bar x \± z\frac{\sigma}{\sqrt n}$

Calculating $\bar x$

$\bar x = \bar x_1 - \bar x_2$

$\bar x = \frac{x_1}{n} - \frac{x_2}{n}$

$\bar x = \frac{34}{200} - \frac{54}{200}$

$\bar x = 0.17 - 0.27$

For a 90% confidence level, the z-score is 1.65. So:

$z = 1.65$

Calculating the standard deviation $\sigma$

$\sigma = \sqrt{(\bar x_1)*(1 - \bar x_1) + (\bar x_2)*(1 - \bar x_2) }$

So:

$\sigma = \sqrt{(0.17)*(1 - 0.17) + (0.27)*(1 - 0.27) }$

$\sigma = \sqrt{(0.17)*(0.83) + (0.27)*(0.73)}$

So:

$CI = (0.17 - 0.27)\± 1.65\frac{\sqrt{(0.17)*(0.83) + (0.27)*(0.73)}}{\sqrt {200}}$

$CI = (0.17 - 0.27)\± 1.65\sqrt{\frac{(0.17)*(0.83) + (0.27)*(0.73)}{200}}$

7 0

2 years ago

Please explain how you got the answer!

ValentinkaMS [17]

Definition of additional: MORE, more, <em>and</em> more.
<em>Not </em>a definition of additional: SAME, same, and same.

We are given that EF is parallel to GH.
Remember, the definition of additional.

We wouldn't want the same piece of information, would we?

That's why we want a new piece of information:
Answer Choice B; FG parallel to EH.

6 0

2 years ago

Read 2 more answers

Help appreciated on question in image!<br> Thanks:)

Verdich [7]

Answer:

$x=-1,\:x=-7,\:x=i,\:x=-i$

Step-by-step explanation:

Considering the equation

$x^4+8x^3+8x^2+8x+7=0$

Solving

$x^4+8x^3+8x^2+8x+7$

$\mathrm{Factor\:}x^4+8x^3+8x^2+8x+7:\quad \left(x+1\right)\left(x+7\right)\left(x^2+1\right)$

As

$\mathrm{Use\:the\:rational\:root\:theorem}$

$a_0=7,\:\quad a_n=1$

$\mathrm{The\:dividers\:of\:}a_0:\quad 1,\:7,\:\quad \mathrm{The\:dividers\:of\:}a_n:\quad 1$

$\mathrm{Therefore,\:check\:the\:following\:rational\:numbers:\quad }\pm \frac{1,\:7}{1}$

$-\frac{1}{1}\mathrm{\:is\:a\:root\:of\:the\:expression,\:so\:factor\:out\:}x+1$

$=\left(x+1\right)\frac{x^4+8x^3+8x^2+8x+7}{x+1}...[A]$

Solving

$\frac{x^4+8x^3+8x^2+8x+7}{x+1}$

$=x^3+7x^2+x+7$

Putting $\frac{x^4+8x^3+8x^2+8x+7}{x+1}$ = $x^3+7x^2+x+7$ in equation [A]

So,

$\left(x+1\right)\frac{x^4+8x^3+8x^2+8x+7}{x+1}...[A]$

$=\left(x+1\right)x^3+7x^2+x+7$

As

$x^3+7x^2+x+7=\left(x+7\right)\left(x^2+1\right)$

So,

Equation [A] becomes

$=\left(x+1\right)\left(x+7\right)\left(x^2+1\right)$

So, the polynomial equation becomes

$\left(x+1\right)\left(x+7\right)\left(x^2+1\right)=0$

$\mathrm{Using\:the\:Zero\:Factor\:Principle:\quad \:If}\:ab=0\:\mathrm{then}\:a=0\:\mathrm{or}\:b=0\:\left(\mathrm{or\:both}\:a=0\:\mathrm{and}\:b=0\right)$ $\mathrm{Solve\:}\:x+1=0:\quad x=-1$

$\mathrm{Solve\:}\:x+7=0:\quad x=-7$

$\mathrm{Solve\:}\:x^2+1=0:\quad x=i,\:x=-i$

$\mathrm{The\:solutions\:are}$

$x=-1,\:x=-7,\:x=i,\:x=-i$

Keywords: polynomial equation

Learn polynomial equation from brainly.com/question/12240569

#learnwithBrainly

5 0

2 years ago

Read 2 more answers

Will the defenders be able to reach the ball carrier explain why or why not plz

Afina-wow [57]

Answer:

if your going based off of the path that they are taking i say yes because the will meet at the end point or in this case the 1 yard line

Step-by-step explanation:

6 0

2 years ago

Provider A changes $55 for installation and charges $35.50 per month for the basic package. Provider B offers free installation

Igoryamba

Let n = number of months both have their services

Provider A:

C = 35.50n + 55

Provider B:

B = 35.50n

Provider A will always cost more than

provider B because of the $55 installation fee

3 0

2 years ago