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Whitepunk [10]
3 years ago
11

Nancy has $4,111 in an account that pays 3.07% interest compounded monthly. What is her

Mathematics
1 answer:
soldier1979 [14.2K]3 years ago
3 0

Answer:

Ending balance after 2 years=$4,370.98

Step-by-step explanation:

To calculate her ending balance after two years, we need to get the express the total amount as follows;

A=P(1+r/n)^nt

where;

A=Total future value of the initial investment

P=Initial value of the investment

r=Annual interest rate

n=number times the interest rate is compounded annually

t=number of years of the investment

In our case;

P=$4,111

r=3.07%=3.07/100=0.0307

n=12

t=2 years

Replacing;

A=4,111(1+0.0307/12)^(12×2)

A=4,111(1.0026)^24

A=4,370.98

Ending balance after 2 years=$4,370.98

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Answer:

Both are linear functions.

Step-by-step explanation:

There are no same x values in the table and the graph passes the vertical line test.

6 0
3 years ago
Suppose a bag contains 4 white chips and 6 black chips. What is the probability of randomly choosing a white chip, not replacing
Marysya12 [62]
There are 10 chips altogether. 4 of them are white.
4/10 is the chance of lifting out a white chip
There are 3 of them left and 9 chips altogehter.
4/10 * 3/9
12/90
4/30
2/15

Comment
(my edit) it is not that 2/15 is wrong (although it is not entirely right).
1/3 is the correct answer if you assume that what happened during the first draw has nothing to do with what will happen on the second. It is like saying if you throw 11 heads in a row with a fair coin, what are the chances of throwing a heads on the 12th throw? The answer is 1/2. That is the same kind of question you have asked.

The two of us who have responded have really responded to what are the chances of drawing 2 white chips. The question really does not restrict us in a way that prevents us from saying that. I'll stick with
B <<<< answer
but I think it would be nice if the writer of the question made it clear that 1/3 should be the proper answer. I am glad you came back and posted the right answer. It makes me think. 

The semi right answer is B <<<<---- 

If my reasoning bothers anybody, I'll reedit again. I'm only leaving it because sometimes a mistake is more instructive than a given answer.
5 0
4 years ago
Read 2 more answers
Please help
V125BC [204]

A cone that is sliced through the vertex would make the shape of a triangle.

You are told the h eight is 10 cm and the radius is 4 cm.

The radius would be half the base, so the base would be 4 * 2 =8 cm.

The area of the triangle is found by multiplying the base by the height, then dividing by two.

Area = 8 x 10 = 80

80 / 2 = 40 square centimeters.

3 0
3 years ago
Find the area of the figure.
seraphim [82]

\huge \bf༆ Answer ༄

At first Divide the figure into two rectangles, I and Il

Area of figure l is ~

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  • \sf24 \times 10

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Area of figure ll is ~

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Area of whole figure = Area ( l + ll )

that is equal to ~

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  • \sf780 \:  \: ft{}^{2}

7 0
2 years ago
Please help thanks :)
noname [10]

Answer:

The first choice, students tend to have less siblings than teachers

Step-by-step explanation:

If you look at the dot plots you notice that the teachers have more numbers than the students do and that the students have less sibling. It is not answer 2 because the students have less sibling, it is not answer 3 b/c they do not have the same range, and it is not number 4 because they do not look the same or have the same shape.

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