$6000 are invested in a bank account at an interest rate of 6 percent per year.

Find the amount in the bank after 11 years if interest is compounded annually.
Find the amount in the bank after 11 years if interest is compounded quarterly.
Find the amount in the bank after 11 years if interest is compounded monthly.

Finally, find the amount in the bank after 11 years if interest is compounded continuously.

Answers

Answer 1

The value after 11 years with annual compounding is $11,389.79

The value after 11 years with quarterly compounding is $11,552

The value after 11 years with monthly compounding is $11,589.68

The value after 11 years with continous compounding is $70,080.78.

What is the future value?

When an amount is compounded annually, it increases in value once a year. When an amount is compounded quarterly, it increases in value four times a year. When an amount is compounded monthly, it increases in value twelve times a year. When an amount is compounded continuously, it increases continuously over the investment period.

The formula for calculating future value:

FV = P (1 + r)^nm

Where:

FV = Future value P = Present value R = interest rate - annual rate / number of compounding m = number of compoundingN = number of years

Value after 11 years with annual compounding: $6,000 x (1.06)^11 = $11,389.79

Value after 11 years with quarterly compounding: $6,000 x (1 + 0.06 /4)^(11 x 4) = $11,552

Value after 11 years with monthly compounding: $6,000 x (1 + 0.06 /12)^(11 x 12) = $11,589.68

The formula for calculating future value when there is continuous compounding is : A x e^r x N

Where:

A= amount e = 2.7182818 N = number of years r = interest rate

Value after 11 years: 6,000 x (2.718^0.06) x 11 = $70,080.78

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Related Questions

Please help me I need help

Answers

Answer:

p = 20

Step-by-step explanation:

[tex]\rm \implies \dfrac{p}{2} - 9 = 1 \\ \\ \rm \implies \dfrac{p}{2} - 9 + 9 = 1 + 9 \\ \\ \rm \implies \dfrac{p}{2 } = 10 \\ \\ \rm \implies \dfrac{p}{ \cancel{2}} \times \cancel{2} = 10 \times 2 \\ \\ \rm \implies p = 20[/tex]

Parallel Lines relay race page C
Can someone lmk the answers

Answers

The value of the angle regarding the parallel lines are:

1. x = 14

2. x = 9

3. x = 17

4. x = 5

How to calculate the values?

1. Lines 'l' and 'm' are the parallel lines and a transversal line is intersecting these  lines.

(9x + 13)° = (12x - 29)° [Alternate interior angles]

9x - 12x = -29 - 13

-3x = -42

Divide

x = 14

2). By substituting x = 14 in the box.

(13x + 5)° + (8x - 14)° = 180° [Consecutive interior angles]

21x - 9 = 180

21x = 189

Divide

x = 189/21

x = 9

3). By placing x = 9 in the box,

(5x + 52)° = (9x - 16)° [Corresponding angles]

5x - 9x = -52 - 16

-4x = -68

x = 17

4). By placing x = 17 in the box,

(10x + 17)° = (12x + 7)° [Alternate exterior angles]

10x - 12x = -17 + 7

-2x = -10

x = 5

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Evaluate the expression X - 2 + 2(4) - X when x =12

Answers

Answer:   6

Step-by-step explanation:   You'll need to substitute x for 12 in the expression, which will be 12 - 2 + 2(4) - 12, and using BODMAS/BIDMAS/PEDMAS (or whatever you use), you should get 6 if you did it correctly.

Answer:

18

Step-by-step explanation:

using bodmas rule by working out brackets first

Simplify 2.54 + 1.5 × 4

Answers

The answer i got was 8.54

Which of the following is the correct factorization 64x^3+8?

Answers

The correct factorization of the expression, [tex]64x^{3} +8[/tex], is 4[tex](2x-1)^{2}[/tex] (8x+2).

According to the question,

We have the following information:

[tex]64x^{3} +8[/tex]

The factors of this expression can be found using identity because 64[tex]x^{3}[/tex] is the whole cube of 4x and 8 is the cube of 2.

So, we have the following expression:

[tex](4x)^{3} + 2^{3}[/tex]

Now, we can use the following identity to factor the given expression:

[tex]a^{3} +b^{3} = (a+b) (a^{2} -ab+b^{2} )[/tex]

We have a = 8x and b = 2:

(8x+2) {[tex](4x)^{2}[/tex]-16x+[tex]2^{2}[/tex]}

(8x+2) (16[tex]x^{2}[/tex]-16x+4)

Taking 4 as the common factor from the second bracket:

4(8x+2) (4[tex]x^{2}[/tex]-4x+1)

Now, finding the factors of second bracket:

4(8x+2) ([tex]4x^{2}[/tex]-2x-2x+1)

4(8x+2) {2x(2x-1)-1(2x-1)}

4(8x+2) (2x-1) (2x-1)

4[tex](2x-1)^{2}[/tex] (8x+2)

Hence, the correct factorization of the expression, [tex]64x^{3} +8[/tex], is 4[tex](2x-1)^{2}[/tex] (8x+2).

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Box A has a length of 5 feet, height of 1 foot, and width of 3 feet. Box B has a length of 4 feet, height of 3 feet, and width of 2 feet. Box C has a length of 7 feet, height of 2 feet, and width of 1 foot. Box D has a length of 3 feet, height of 3 feet, and width of 3 feet.
Lucas wants to use the box with the greatest volume. Which shipping box should he use?

Box

Answers

Lucas will be using the shipping box D as it is the box with the greatest volume of 27ft³

Volume of a rectangular box

The volume of a rectangular box is calculated by multiplying its three dimensions which are the length, width, and height . That is Length × Width × Height in the same units.

volume of box A = 5ft × 3ft × 1ft

volume of box A = 15ft³

volume of box B = 4ft × 2ft × 3ft

volume of box B = 24ft³

volume of box C = 7ft × 1ft × 2ft

volume of box C = 14ft³

volume of box D = 3ft × 3ft × 3ft

volume of box D = 27ft³

Therefore, the shipping box with the largest volume is box D with 27ft³

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Answer:

Step-by-step explanation:

FEEL ME ITS D

ITS D

THE ONE WITH THE 333

( q2 − r2s) ( q4 + q2r2s + r4s2)

Answers

-r^6 s^3+q^6

Hope it helps

Colton made a scale drawing of a city park. In real life, the soccer field is 90 meters long.
It is 18 millimeters long in the drawing. What scale did Colton use?

Answers

By using unitary method it is obtained that -

Scale used my Colton = 1 : 500

What is unitary method?

Unitary method is the process in which the value of single unit can be calculated from the value of multiple unit and the value of multiple unit can be calculated from the value of single unit. Sometimes Value of single unit can be less than the value of multiple unit. For example - The relation between the cost of a commodity and the quantity of the commodity

Sometimes Value of single unit can be more than the value of multiple unit. For example - The relation between the number of men and the number of days taken by those men to do a certain job.

Here unitary method is used

18 mm long field in the drawing is equivalent to 9000 mm long field in real

1 mm long field in the drawing is equivalent to [tex]\frac{9000}{18}[/tex] mm long field in real

1 mm long field in the drawing is equivalent to 500 mm long field in real

Scale used by Colton 1 : 500

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plot 5/3 and its opposite on the number line

Answers

The numbers are plotted in the attached graph.

What is a number line?

A number line is a representation of real numbers in the form of a graded straight line.

Note that 5/3 is approximately equal to 1.7.

Similarly, -5/3 is approximately equal to -1.7.

Now, use the number line to mark the points -1.7 and 1.7, the numbers lie near -2 and 2 respectively.

The numbers are plotted in the attached graph.

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Please help!! See screenshot attached below (100 pts)

Answers

Answer:

f(2) = 0

Step-by-step explanation:

Factor Theorem

If f(x) is a polynomial, and f(a) = 0, then (x – a)  is a factor of f(x).

Therefore, applying the factor theorem, if (x - 2) is a factor of a polynomial f(x) then f(2) = 0.

For the equation (x) = –3x2 + 2x – 1, explain if the graph will be pointing upward or downward. **20 POINTS**

Answers

Answer:

Step-by-step explanation:

the answer is "downward". If you say "why", it is because of the degree coefficient.

in the equation, the latest degree is 2 (which is quadratic equation) so from the degree its coefficient is -3. If it is negative, it should be downward like -3. But if it is positive it should be upward like 3, 1, 44.

Find sin D, sin E, cos D, and cos E. Write each answer as a fraction in simplest form.

line ED =45
line DF = 27
line EF = 36

sin D =
sin E =
cos D =
cos E =

Answers

The value of each term is

sin D = 4/5sin E = 3/5cos D = 3/5cos E = 4/5

The length of the line ED = 45 units

The length of the line DF = 27 units

The length of the line EF = 36 units

Here we have to use the trigonometric function

sin θ = Opposite side / Hypotenuse

cos θ = Adjacent side / Hypotenuse

Substitute the value in the equation

sin D = Opposite side / Hypotenuse

= 36/45

= 4/5

sin E = Opposite side / Hypotenuse  

= 27/45

= 3/5

cos D = Adjacent side / Hypotenuse

= 27/45

= 3/5

cos E = Adjacent side / Hypotenuse

= 36/45

= 4/5

Hence, the value of each term is  

sin D = 4/5sin E = 3/5cos D = 3/5cos E = 4/5

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290 to 490 percent increase how much did it increase

Answers

answer the answer is 200

Step-by-step explanation:

490-290

11/7 Thursday Math Math Hw. Fractions

Answers

Answer:

96, $ 144

Step-by-step explanation:

2(x+5)=20 what does x===???????????????????/

Answers

Answer:

x = 5

Step-by-step explanation:

2(x+5) =20  Distribute the 2

2(x) + 2(5) = 20

2x + 10 = 20  Subtract 10 from both sides of the equation

2x = 10  Divide both sides by 2

x = 5

Answer:

5

Step-by-step explanation:

2(x + 5) = 20 Divide both sides by 2

x + 5 = 10

x = 10 - 5

x = 5

A new student, who has had very little experience solving equations algebraically, has just joined your study group. Show and explain all of the steps necessary to solve the equation 2(x + 1) = 6(x – 1) for x. Be sure to include a step for checking the solution.

Answers

The solution of the equation 2(x + 1) = 6(x – 1), is the value of x = 2.

How to Solve an Equation?

To solve an equation means to find what the value of the variable of the equation would be that would make the equation true if the value of the variable is plugged into the equation.

The necessary steps taken to find the value of x in the equation, 2(x + 1) = 6(x – 1) are explained below:

2(x + 1) = 6(x – 1) [given]

Apply the distributive property

2x + 2 = 6x - 6

Combine like terms

2x - 6x = -2 - 6

-4x = -8

Divide both sides by -4

-4x/-4 = -8/-4

x = 2

The value of x is 2. To check the solution, plug in the value of x back into the equation:

2(2 + 1) = 6(2 – 1)

2(3) = 6(1)

6 = 6 [true]

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John can clean pools at a constant rate of \(\frac{3}{5}\)
pools per hour. How many pools can John clean in 10
hours?

Answers

Answer:

Step-by-step explanation:

3/5 pool/hr * 10hr = 6 pool

Convert a person's weight of 122 pounds to kilograms. Show all conversion factors needed.
Round final answer to 2 decimal places if needed. The setup below should look like the typical dimensional
analysis that you learned.
Ihs ✓

Answers


The conversion factor for lb to kg is:

1 lb = 0.453592 kg
=122 x 0.453592 = 55.338224 kg

Explanation of Solution:

Put very simply, a conversion factor is a number that can be used to change one set of units to another, by multiplying or dividing it. So when we need to convert 122 pounds into kilograms, we use a conversion factor to get the answer.

The conversion factor for lb to kg is:

1 lb = 0.453592 kg

Now that we know what the conversion factor is, we can easily calculate the conversion of 122 lb to kg by multiplying 0.453592 by the number of pounds we have, which is 122.

122 x 0.453592 = 55.338224 kg

So, the answer to the question "what is 122 pounds in kilograms?" is 55.338224 kg.

What is Pound?
A pound is smaller than a kilogram. I know that a lb is smaller than a kg because of something called conversion factors.

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What is the quotient of 30 and 0.08

Answers

Answer:

30 divided by 0.08 will get you 375

Step-by-step explanation:

What are the corresponding angle pairs in the picture below?

Answers

The corresponding angles form the given figure are ∠1 and ∠5, ∠2 and ∠6, ∠4 and ∠8 and ∠3 and ∠7. Therefore, option D is the correct answer.

From the given figure, we need to identify the corresponding angles.

What are corresponding angles?

The corresponding angles definition tells us that when two parallel lines are intersected by a third one, the angles that occupy the same relative position at each intersection are known to be corresponding angles to each other.

From the figure, ∠1 and ∠5, ∠2 and ∠6, ∠4 and ∠8 and ∠3 and ∠7 are the corresponding angles.

The corresponding angles form the given figure are ∠1 and ∠5, ∠2 and ∠6, ∠4 and ∠8 and ∠3 and ∠7. Therefore, option D is the correct answer.

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please if you can help me that would be very apricated :)

Answers

Answer: b

Step-by-step explanation:

What is the answer for -3 > -2x + 7
?

Answers

−3>−2x+7

Swap sides so that all variable terms are on the left hand side. This changes the sign direction.

−2x+7<−3

Subtract 7 from both sides.

−2x<−3−7

Subtract -7 from −3 to get −10.

−2x<−10

Divide both sides by −2. Since −2 is negative, the inequality direction is changed.

[tex]x > \frac{ - 10}{ - 2} [/tex]

Divide −10 by −2 to get 5.

x>5

3
8
13
24
53
123
213

Answers

Answer:

321 is the next number that comes in the calculator.

The photo added is the question.

Answers

By taking some products we will see that the total number of cupcakes ordered is 6 cupcakes.

How many cupcakes are ordered?

Here we want to see how many cupcakes this person is ordering. We know that orders 9 halves of a cupcake for the family, plus a quarter of a cupcake for each of the 6 friends.

The total number of cupcakes is given by the order for the family plus the order for the friends.

The order for the familiy is given by the product:

9*(1/2) = 9/2 = 4.5

That is 9 times 1/2 of a cupcake, so for the family the person orders 4.5 cupcakes.

For the friends the person orders 6 times 1/4 of a cupcake, so now we have the product:

6*(1/4) = 6/4 = 3/2 = 1.5

If we add these two numbers we get the total number of cupcakes:

4.5 + 1.5 = 6

The person ordered 6 cupcakes.

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Identify the values of the variables. Give your answers in simplest radical form. Help!

Answers

Considering the right angle triangle given the values of the variables are

n = 2√3k = 4√3How to determine the values of the variables

Information from the question

right angle triangle

The values of the variables is worked using SOH CAH TOA

The right angle triangle of sides as described below

hypotenuse = k

opposite = n

adjacent = 6

The variable n is solved using tan, TOA, the angle is 30

tan 30 = Opposite / Adjacent

tan 30 = n / 6

tan 30 * 6 = n

n = 2√3

The variable k is solved using cos, CAH, the angle is 30

cos 30 = Adjacent / Hypotenuse

cos 30 = 6 / k

k = 6 / cos 30

k = 4√3

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This question number 7 and I need help

Answers

The product of two numbers exists done by multiplying a number with the other. The product of a number x and 7 exists 7x.

What is meant by product?

The result of multiplying two or more numbers together is known as a product in mathematics. A number that is obtained by multiplying two or more other numbers together is referred to in mathematics as a product.

The outcome of one or more multiplications is referred to as a "product." For instance, the mathematical statement "times equals" would be written with the multiplier, the multiplicand, and their product as the variables.

Let the variable be x

x be a number

So, the product of x and 7 exists calculated as:

Product = 7 × x

Product = 7x

Therefore, the product of a number (x) and 7 exists 7x.

The complete question is:

The product of a number and 7

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Richard made punch for a party. He used 1\2 cup of pineapple juice, 1\2 cup of ginger ale, and 1\4 cup of white grape juice. How much liquid did he use in the punch? cups

Answers

The liquid that Richard used in the punch is 1 1/4 cups.

What is a fraction?

A fraction is simply a piece of a whole. The number is represented mathematically as a quotient where the numerator and denominator are split. In a simple fraction, the numerator as well as the denominator are both integers.

In this case, Richard made punch for a party. He used 1/2 cup of pineapple juice, 1/2 cup of ginger ale, and 1/4 cup of white grape juice.

The total fraction will be:

= 1/2 + 1/2 + 1/4

= 1 1/4 cups.

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12. Use the coordinate grid below to answer the question.
What are the coordinates of Point A?

Answers

Answer: (7, 12)

Step-by-step explanation:

The x-coordinate is 7.

The y-coordinate is 12.

Thus, the coordinates are (7, 12).


Peter and Parker work for a cleaning crew. Peter can clean a room in 15 minutes less time than it takes Parker to do the same job. Working together,
they can clean two rooms in 110 minutes. Approximately how long does it take Peter to clean a room by himself?

Answers

how long does it take Peter to clean a room by himself is[tex]t = \frac{95+-5\sqrt{493} }{2}[/tex]
What does "rate" mean mathematically?

A rate is a unique ratio where the two words are expressed in several units.

Let Peter take time to clean 1 room be = t
Let Parker take time to clean 1 room be = t+15
Total Time taken by both to clean to room T= 110
Equation for total time taken to clean 2 room by both
[tex]\frac{1}{t} +\frac{1}{t+15} =\frac{2}{T}[/tex]

[tex]\frac{1}{t} +\frac{1}{t+15} =\frac{2}{110}[/tex]
By taking LCM

[tex]\frac{2t+15}{t^{2}+15} =\frac{1}{55}[/tex]
By cross multiplication in above equation

[tex]110t+825=t^{2} +15t[/tex]
[tex]t^{2}-95t-825=0[/tex]

Hence the answer is   [tex]t = \frac{95+-5\sqrt{493} }{2}[/tex]

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Members of the student government are planning a movie night on campus. They have asked a random sample of students which of four movies the student would prefer. Here are the results Movie A- 31 students, Movie B- 27 students, Movie C- 34 students, Movie D- 28 students. There are 900 students total on campus. Based on the above information, how many students on campus would we expect to prefer Movie C? Round your answer to the nearest whole number. Do not round any intermediate calculations

Answers

There are 255 students who prefer Movie C.

In the given case, the total number of students in the campus = 900

Number of students in the random sample :

= 31 + 27 + 34 + 28

= 120

Number of students who prefer to watch movie C in the chosen sample:

= 34

To get number of students who would prefer to watch the movies C in the total population of 900, we can extrapolate the data from the chosen sample to the entire population.

Thus, number of students expected to prefer movie C in the campus =

34/120 × 900

= 255

Hence the expected number of students are 255.

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Quality planning and administration, quality training, and quality control procedures are examples of. 1) H2(g)+I2(g)2HI(g). Why does the reaction occur only in the forward direction at first? 2) During the reaction, how does the rate of the forward direction compare to the rate of the reverse direction? Complete using trend analyses for sales. (Round to nearest percent and use 2010 as the base year.) 2013 2012 2011 2010 Sales $ 158,000 $ 615,000 $ 280,000 $ 500,000 (A) (B) (C) (D) . an object is placed 53.0 cm in front of a diverging lens. what is the focal length if the distance between object and the image is 30.0 cm? Read the following examples. Match each example with the rhetorical appeal it describes.Match Term DefinitionYou would like to adopt a puppy from an animal shelter. You tell your parents that a puppy would make you happy and could provide you with companionship so you don't feel lonely. A) LogosYou would like a new phone. You do your research and compile a list of features of specific phones, the cost of the phone and service, and statistics relating to needing a phone to make emergency calls. B) EthosYou would like to convince your friends to volunteer with you at a local food bank. You tell them that helping others is the right thing to do and that experts say students who volunteer are more successful adults. C) Pathos local petroleum distributors (lpd) sells gas and diesel fuel to 72 independent gas stations and convenience stores. receiving accurate data on the fuel needs of its customers is a critical operational concern. lpd installed sensors in the fuel storage tanks owned by each customer. at 11 pm each evening, the sensors send fuel data electronically to lpd. lpd receives the data, and a computer enters each record. the data are analyzed, and the analysis determines which retailers require a fuel shipment in the next three days. the electronic system has increased operational efficiency as shipments can be better coordinated, and retailers are no longer required to measure the fuel level and report manually. lpd's use of a computer to enter the data reported by the sensors is an example of middle-latitude anticyclones in the northern hemisphere group of answer choices are large low-pressure systems. rotate clockwise. travel from east to west. have cold fronts but not warm fronts. what could jose see at the top of the telephone pole a school within a school that allows students to study an area of specific interest is called a a career academy b technical school c program of study d vocational school describe how you would draw on communication theories to design an intervention to increase childhood vaccine uptake among vaccine skeptical parents in the united states. make sure to discuss framing and draw on specific health behavior and communication theories as applicable amy is making donuts as shown below the donut has a diameter of 5 inches and the center has a radius of 1 inch . what is the approximate area of the dunut? use 3. 14 for n Find the variables in the figure (x and y) please and thank you!! a nurse is caring for a client diagnosed with human immunodeficiency virus (hiv). the client wants to know when medication for the disease will begin. what is the nurse's best response? 6. the house of representatives has separate powers from the senate including: a. confirming presidential nominees to the executive branch. b. creating bills to raise revenue. c. creating laws that are necessary and proper for the running of the federal government. d. confirming presidential nominees to the judicial branch. Please help asap I need answer not Just wanting points I need 2 alterations.You get brainlest if you help when 2 moles of react with to form according to the following equation, 799 kj of energy are evolved. is this reaction endothermic or exothermic? endothermic what is the value of ? when atoms react, they often lose, gain, or share electrons to form a more stable version of themselves. for example, alkali metals such as na lose their outer shell electron in their reactions to form compounds. the electron configuration of alkali metals would then resemble those of which group of the periodic table in the compounds they form? Based on the image, what would be the appropriate response to the following question:Emma Watson / Age32 yearsApril 15, 1990Cuntos aos tiene Emma?O Tiene treinta y dos aos.O Tengo treinta y dos aos.O Est treinta y dos aos.O Es treinta y dos aos. Will give u brainliest! on thses 2 questions To go to the theater you would pay $8.00 for each ticket you purchase. Which answer choice correctly represents the algebraic expression for the cost of t tickets? A. 8t B. 8 + t C. 8 t D.