1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Angelina_Jolie [31]
3 years ago
15

In 2012 Staci invested $14,500 in a savings account for her newborn son. The account pays 3.6% interest each year. Determine the

accrued value of the account in the year 2030, when her son will go to college. Round your answer the nearest cent.
In the year 2030, the accrued value will be $
Mathematics
1 answer:
s2008m [1.1K]3 years ago
6 0

Answer: $23,896

Step-by-step explanation:

In the year 2030, the number of years since the investment would be;

= 2030 - 2012

= 18 years.

As the question does not mention that the interest paid is compounded, simple interest will be used;

= Amount + (Amount * interest rate * number of years).

= 14,500 + ( 14,500 * 0.036 * 18)

= $23,896

You might be interested in
Write the multiplier or divisor for each pair of equivalent fractions 1/4 = 7/28​
NISA [10]
I’m not sure but 4 good in 28 7 times... if that helps at all
5 0
2 years ago
A family on vacation records the time in hours) and the distance (in miles) that they travel. The data are shown in the scatter
nata0808 [166]

Answer:

In the first 3.5 hours, the family travelled 175 miles.

Step-by-step explanation:

We have the table:

time (hours)              distance ( miles)

      0                                   0

      1                                   50

       2                                 100

      3                                  150

      4                                 200

      5                                 250

      6                                 300

      7                                 350

      8                                 400

      9                                 450

This seems like a linear relationship, let's write the general line:

y = a*x + b

That represents this situation, y is the distance in miles and x is the time in hours.

In the line equation, a represents the slope and b the y-intercept.

And if the line passes through the points (x₁, y₁) and (x₂, y₂), then the slope of the line is:

a = (y₂ - y₁)/(x₂ - x₁)

In this case we have a lot of points for the line, we can use any pair we want (we actually should use a few different pairs to see that the slope is always the same)

So if we use the first two (0, 0) and (1, 50)

the slope is:

a = (50 - 0)/(1 - 0) = 50

Now, if we use the third and fifth points (4, 200) and (5, 250) now the slope is:

a = (250 - 200)/(5 - 4) = 50/1 = 50

So we can conclude that the slope of the equation is a = 50

Then the equation is something like:

y = 50*x + b

To find the value of b, we can use any of the points of the line, for example (0, 0)

This means that when x = 0, y also must be 0, then:

0 = 50*0 + b

0 = b

Then the equation is:

y = 50*x

Now, to answer how many miles the family travelled in the first 3.5 hours, we just need to replace x by 3.5 in the equation:

y = 50*3.5 = 175

In the first 3.5 hours, the family travelled 175 miles.

6 0
2 years ago
Anyone have any idea what the pattern may be? Need help ASAP!
Anna007 [38]

Answer:

21, 34, 55

Step-by-step explanation:

13+8=21

21+13=34

34+21=55

4 0
2 years ago
Find the distance between these two points ( 7,9) and (4,6)
Galina-37 [17]

Answer:

Step-by-step explanation:

C is the answer

5 0
2 years ago
Graph the inequality x > 3.
Marianna [84]
The graph would look like first one, or like this: 

Hope this helped! c:

6 0
3 years ago
Read 2 more answers
Other questions:
  • 15(−22.38−10.12) HELP PLEASE!!!
    9·2 answers
  • 8th grade math need help ASAP giving brainleast
    8·1 answer
  • A more than 6 is -30 solve problem
    14·1 answer
  • Mary mixes white paint and blue paint in the ratio 2:5.
    12·1 answer
  • Guided Practice
    7·1 answer
  • HELP PLEASEEEEE AND THANK YOUU !!!!!!!!!
    6·1 answer
  • 2. The total weight of 4 tires is 800 pounds. What is the unit weight of 1<br> tire?
    8·2 answers
  • Carter was given a box of assorted chocolates for his birthday. Each night, Carter treated himself to some chocolates. Carter at
    5·1 answer
  • It took 30 minutes to drive 45 miles.
    12·1 answer
  • Sara needs 40 inches of yarn to glue onto each of 25 picture frames. She has a ball of yarn with a total of 950 inches. Which of
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!