All categories

1 year ago

The Fresh and Green Company has a savings plan for employees. If an employee

Mathematics

1 answer:

erastova [34]1 year ago

5 0

Answer:

$1400

Step-by-step explanation:

The Fresh and Green Company has a savings plan for employees. If an employee makes an initial deposit of $1000, the company pays 8% interest compounded quarterly. If an employee withdraws the money after five years, how much is in the account?

First you need to make 8% into a decimal.

To do that you need to move the decimal point to spaces to the left.

8. ----- 0.8 ----- 0.08

The decimal is 0.08.

Now multiply $1000 by 0.08.

Which is $80.

Now do $80 times 5 years.

which is $400 interest.

Now add $400 to $1000.

Which is $1400.

You might be interested in

you currently have 24 credit hours and a 2.8 gpa you need a 3.0 gpa to get into the college. if you are taking a 16 credit hours

Juliette [100K]

Answer:

$\sum_{i=1}^n w_i *X_i = 2.8*24 = 67.2$

And for this case we want a gpa of 3.0 taking in count that in this semester he/ she is going to take 16 credits so then the new mean would be given by:

$\bar X_f = \frac{\sum_{i=1}^n w_i *X_i+w_f *X_f }{24+16} = 3.0$

And we can solve for $\sum_{i=1}^n w_f *X_f$ and solving we got:

$3.0 *(24+16) =\sum_{i=1}^n w_i *X_i +\sum_{i=1}^n w_f *X_f$

And from the previous result we got:

$3.0 *(24+16) =67.2 +\sum_{i=1}^n w_f *X_f$

And solving we got:

$\sum_{i=1}^n w_f *X_f =120 -67.2= 52.8$

And then we can find the mean with this formula:

$\bar X_2 = \frac{\sum_{i=1}^n w_f *X_f}{16}= \frac{52.8}{16}=16=3.3$

So then we need a 3.3 on this semester in order to get a cumulate gpa of 3.0

Step-by-step explanation:

For this case we know that the currently mean is 2.8 and is given by:

$\bar X = \frac{\sum_{i=1}^n w_i *X_i }{24} = 2.8$

Where $w_i$ represent the number of credits and $X_i$ the grade for each subject. From this case we can find the following sum:

$\sum_{i=1}^n w_i *X_i = 2.8*24 = 67.2$

And for this case we want a gpa of 3.0 taking in count that in this semester he/ she is going to take 16 credits so then the new mean would be given by:

$\bar X_f = \frac{\sum_{i=1}^n w_i *X_i+w_f *X_f }{24+16} = 3.0$

And we can solve for $\sum_{i=1}^n w_f *X_f$ and solving we got:

$3.0 *(24+16) =\sum_{i=1}^n w_i *X_i +\sum_{i=1}^n w_f *X_f$

And from the previous result we got:

$3.0 *(24+16) =67.2 +\sum_{i=1}^n w_f *X_f$

And solving we got:

$\sum_{i=1}^n w_f *X_f =120 -67.2= 52.8$

And then we can find the mean with this formula:

$\bar X_2 = \frac{\sum_{i=1}^n w_f *X_f}{16}= \frac{52.8}{16}=16=3.3$

So then we need a 3.3 on this semester in order to get a cumulate gpa of 3.0

6 0

2 years ago

A copy machine makes 24 copies per minute. How long does it take to make 90 copies?

quester [9]

that would be 3 minutes and 45 seconds (:

5 0

2 years ago

On 1, I need help, and for 2, is the answer right?

kramer

Answer:

1.A 2.yes

Step-by-step explanation:

PEMDAS

5 0

2 years ago

Is y=x^2+7 a linear equation?

tankabanditka [31]

Answer:

No, it is not a linear equation

Step-by-step explanation:

This equation contains the term x², meaning that it is a quadratic function (parabola)

So, it is not a linear equation.

If it were a linear equation, x would not be squared, and the equation would have been in y = mx + b form.

The answer is no, it is not a linear equation.

7 0

2 years ago

Read 2 more answers

Expand (2x-5y)⁷ and find fourth form

elena55 [62]

Step-by-step explanation:

By binomial theorem,

T(r+1) = nCr * a^(r+1) * b^r

Term 4 = 7C3 * (2x)^4 * (-5y)^3 = 35 * (16x^4) * (-125y^3) = -70000x^4y^3.

3 0

2 years ago