A bank advertises that they will pay 1.5% simple annual interest on new savings accounts. Lorenzo puts $400 in a new account. If he does not deposit or withdraw any money, how much will he have altogether after one year?

Answers

Answer 1

Answer:

$406

Step-by-step explanation:

The formula for simple interest is I=prtI=prt where II is the amount of interest earned, pp is the initial deposit, rr is the annual interest rate, and tt is the number of years.

It is given that he deposits p=$400p=$400, the bank pays r=1.5%= 0.015r=1.5%=0.015 in annual interest, and t=1t=1 year. The amount of interest he will earn is then I=prt=400(0.015)(1)=$6I=prt=400(0.015)(1)=$6.

His total balance after one year will then be p+i=$400+$6=$406p+i=$400+$6=  

$406

​  

.


Related Questions

Please help me with this problem will give branlyiest.

Mr. Thompson, a retiree, looks at his check register. What is Mr. Thompson's yearly rent (using 12 months)? $______ What was the average grocery expense in this time period? $_________ Knowing that he buys groceries weekly, Mr. Thompson estimates his yearly expense for groceries to be (4*12* $______ or $_____ Then, Mr. Thompson realizes there are more than 48 weeks in a year. He revises his estimate using (52 x $______ to get $_______ for his estimate. Based on the calculations above, how much money should Mr. Thompson budget annually for food and rent? $______ If Mr. Thompson receives $1,006.28 twelve (12) times a year, what is his yearly income? $_______ Expressed as a percent of income, enter an estimate for rent (to the nearest tenth) and food expenses. Rent: ______%; Food: _____%​

Answers

Answer:

$2459.04

$32.31

$33.45 or $34.92

$32.31

$1680.12

$4139.16

$12075.36

20.4% and 3.2%

Step-by-step explanation:

Monthly rent is 204.92, so yearly rent is 204.92 * 12 = 2459.04

His average grocery expenses is the sum of all the grocery expenses, divided by the number of times he did them

33.45 + 34.92 + 28.56 = 96.93

96.93 / 3 = 32.31

33.45 or 34.92

Since he's revising the calculation, and he does groceries once a week, we will multiply the average he spent on grocery by the 52 weeks he's using in calculations. So, 32.31

The estimate for grocery in a year is,

52 * 32.31 = 1680.12

His annual budget for food and rent would be adding the estimated amount he's to spend on grocery together with the estimated amount he's to spend on rent

2459.04 + 1680.12 = 4139.16

If he receives 1006.28 in a month, multiplying by 12 would give us the estimate he's to receive in a year.

1006.28 * 12 = 12075.36

Percentage

Rent = 204.92 / 1006.28 * 100%

Rent = 20.4%

Food = 32.31 / 1006.28 * 100%

Food = 3.2%

Don't forget the brainliest :)


In the figure above, the circle with center O is inscribed in square ABC
Line segment AO intersects the circle at P. What is the length of AP?​

Answers

Step-by-step explanation:

Line AP = Line AO - Line PO = sqrt2 - 1.

Need help Do today please

Answers

Answer:

Step-by-step explanation:

OKay

Just use

slope formula

(y2-y1)/(x2-x1)

pls ANSWERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Answers

Hi there!

[tex]\large\boxed{ 9.4m}[/tex]

Find the perimeter using the formula:

P = 2l + 2w

It is given that the dimensions are 2.8 × 1.9 so plug these number into the equation:

P = 2(2.8) + 2(1.9)

P = 5.6 + 3.8

P = 9.4m

Jacob went to the movie theater. The movie ticket cost him $8.00. He spent twice the amount of the movie ticket at the concession stand. How much did he spend at the movie theater in all?

Answers

$24.00 brainest pls

Answer:

24$

Step-by-step explanation:

a house worth $350,000 when purchased was worth 335,000 after the first year and $320,000 after the second year. if the economy does not pick up and his trend continues, what will be the value of the house after 6 years? ( process step by step)

Answers

Answer:

260,000

15,000*6 = 90,000

350,000 - 90,000 = 260,000

Step-by-step explanation:

mark brainliest

Solve the system.
2x + 3y -
2z =
-7
2
x – 2y + 4z = 15
2y + z = = 1
Enter your answer as an ordered triple.
([?],[ ], [ ]
Enter

Answers

Answer:

(1, -1, 3)

Step-by-step explanation:

Given system of linear equations is,

2x + 3y - 2z = -7 ---------- (1)

x - 2y + 4z = 15 ------- (2)

2y + z = 1 ------------ (3)

Equation (2) multiplied by 2 then subtracted from equation (1),

(2x + 3y - 2z) - 2(x - 2y + 4z) = -7 - 30

(2x - 2x) + (3y + 4y) + (-2z - 8z) = -37

7y - 10z = -37 ------ (4)

Equation (3) multiplied by 10 then added to equation (4),

(20y + 10z) + (7y - 10z) = 10 - 37

27y = -27

y = -1

From equation (3),

2(-1) + z = 1

-2 + z = 1

z = 3

From equation (2),

x - 2(-1) + 4(3) = 15

x + 2 + 12 = 15

x + 14 = 15

x = 1

Match each set of numbers with their least common multiple.

Answers

Answer:

25 and 8) = 200

(32,24 and 18) =288

(22 and 4)=44

(14 and 12) = 84

(9,8 and 7)= 504

(27,12 and 36) =108

Answer:

  top down: 200, 288, 44, 84, 504, 108

Step-by-step explanation:

The least common multiple (LCM) can be figured a couple of ways.

a) factor the numbers, then form the product of unique factors (to their highest powers)

b) divide the product of the numbers by their greatest common factor (GCF). Factoring or Euclid's method can be used to find the GCF.

When there are more than two numbers, the LCM can be figured for two of them, then for that result and the next number, and so on.

__

25 and 8 have no common factors, so their LCM is their product: 200

__

32 and 24 have 8 as their GCF, so their LCM is 32·24/8 = 96. 96 and 18 have 6 as their GCF, so their LCM is 96·18/6 = 288

__

22 and 4 have 2 as their GCF, so their LCM is 22·4/2 = 44

__

14 and 12 have 2 as their GCF, so their LCM is 14·12/2 = 84

__

9, 8, 7 have no common factors, so their LCM is their product: 9·8·7 = 504

__

27 and 12 have 3 as their GCF, so their LCM is 27·12/3 = 108. 108 is a multiple of 36, so their LCM is 108.

QUICK HELP HURRY MAKRIMG PIEPLE AS BRIANLDIT

Answers

Answer:

36

Step-by-step explanation:

Answer:

36

Step-by-step explanation:

A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examining the records for all the students, the dean who randomly selects 76 students and finds that 58 out of 76 are receiving financial aid. Calculate the standard error of your estimate. 3.7061

Answers

Answer:

 Standard error (S.E) =  0.048  ≅ 0.05

Step-by-step explanation:

Explanation:-

Given  sample size 'n'=76

Given the dean who randomly selects 76 students and finds that 58 out of 76 are receiving financial aid.

Sample proportion

                         [tex]p = \frac{x}{n} = \frac{58}{76} = 0.7631[/tex]

The standard error is determined by

                     [tex]S.E = \sqrt{\frac{p(1-p)}{n} }[/tex]

                     [tex]S.E = \sqrt{\frac{0.763(0.2369}{76} }[/tex]

  Standard error is 0.048  ≅ 0.05

Tim worked 23 hours and earned $6.50 per hour. Round the number of hours Tim worked to the nearest ten and round his hourly pay to the nearest dollar to estimate how much he will be paid.

Answers

Step-by-step explanation:

23=20. $6.50=$7

20x7=$140

Answer:

first step is 20. Second step is 7.00$. He will make 140.00$ an hour.

Step-by-step explanation:

What is the root of the polynomial equation x (x minus 2) (x + 3) = 18? Use a graphing calculator and a system of equations. –3 0 2 3

Answers

Answer:

D) 3

Step-by-step explanation:

Using the graphing calculator, the roots of the polynomial equation are 3

What are polynomial functions?

They are functions that has a degree of 3 and above. Given the expression

x(x-2)(x+3) = 18

Expand

(x²-2x)(x+3) = 18
x³+3x²-2x² -6x-18 = 0
x³+x² -6x-18 = 0

Using the graphing calculator, the roots of the polynomial equation are 3

Learn more on factoring here: https://brainly.com/question/24734894

#SPJ2

How to write the slope intercept for of
y = -1/2 (x-4)

Answers

Answer:

y=-1/2 +2

Step-by-step explanation:

Find (f/g)(x)
f(x)=√ x^2-1
g(x)√ x-1

A. √ x+1
B. √ x-1
C.√ -x^2/-x+1
D.√ 1/x+1

Answers

Answer:

option A is the Answer

Step-by-step explanation:

hope it helps

Which quantity is proportional 12/4

Answers

3/4 is the answer to your question

Answer:

3/4

Step-by-step explanation:

A rectangle has a length of x+ 4 centimeters and a width of x centamentere the perimeter of the rectangle is 28cm what is the value of x

Answers

Answer: The perimeter of the rectangle is 28 centimeters.

Step-by-step explanation: I hope this helps-

Answer:

x=10

Step-by-step explanation:

x+4+x=24

2x=20

x=10

What is 31/26 simplified?

Answers

Answer:

it cant be simplified

Step-by-step explanation:

Answer:

1 5/26 i used a calculator

helpppp????



please .

Answers

should be the second one

Answer:

x = -4

Step-by-step explanation:

[tex]6x + 29 = 5 \\ 6x = 5 - 29 \\ 6x = - 24 \\ x = \frac{ - 24}{6} \\ x = - 4[/tex]

A social researcher is interested in the number of children in the households of City A that receive welfare. He does not have funding for a census nor access to official city records. How can the researcher accomplish his task using descriptive statistics tools?

Answers

Answer:

Descriptive Statistics is used to   collect, organize and  summarize sample data.

Step-by-step explanation:

Descriptive Statistics is used to   collect, organize and  summarize sample data.

First of all he will collect a sample or maybe samples. A sample is a subset of the data drawn from the population. Here it will be the number of children from different households.

Populations can be described by parameters . These parameters can be inferred on the sample parameters. For example the population mean ,  population variance can be estimated by sample mean and sample mean.

These variables can be further categorized as discrete.

Now he will apply various test to check whether the inferences drawn about the population are true or not.

which type of plate boundary is illustrated in each of the following figures below​

Answers

Answer:

SEXXXXXXXZZZZZz

Step-by-step explanation:

AJ is writing a report about Calvin Coolidge. He's including information about the former president's early days. Should he quote directly from a biography of Coolidge or paraphrase the information? Why?️

Dr. Graves placed the Venn Diagram and list of numbers on the board.
-0.24, 5/17, 287, 1.3, -91, -2 2/5
She asked her students to determine the label for each set of numbers and place each number in the Venn diagram. Which Venn diagram shows the labels and numbers accurately displayed?

Answers

Answer:

J

Step-by-step explanation:

List of numbers on the board:

-0.24, 5/17, 287, 1.3, -91, -2 2/5

We can split the numbers as following

Rational numbers:

All listed

Integers:

287 and -91

Whole numbers:

287

Correct diagram is J

Is it SSS or SAS. Please helpp

Answers

I always had trouble with these too.

The correct answer is: SSS

Toy shop purchases 125 identical stuffed animals for total cost of 312.50 thousand for seven dollars each what is the percent markup

Answers

Answer:

0.4

Step-by-step explanation:

por que tienes que aser una division

Here are the numbers of children in 15 elementary school classes. 17, 17, 18, 16, 16, 17, 17, 16, 19, 17, 20, 16, 18, 18, 18 Find the modes of this data set. If there is more than one mode, write them separated by commas. If there is no mode, click on "No mode.' JI​

Answers

Answer:

mode = 17

Step-by-step explanation:

mode is the most common appearance of numbers in a dataset.

17 has 5 appearances

please click the heart button to give thanks :)

Will give brailyest!!!!

what makes farming possible in Central Asia's dry climate?

a. annual floods.
b. irritation systems
c. seasonal droughts
d. tropical storms​

Answers

Answer:

I think its a

Step-by-step explanation:

Answer: B

Step-by-step explanation: EDGE 2021

Jacob is going on a vacation to Australia. His flight leaves at 1:15 P.M. It takes 1 hour to get to the airport, and Jacob wants to be at the airport 1 hour and 15 minutes before his flight leaves. What is the latest time that Jacob can leave for the airport?


Plzzzz help

Answers

Answer:

The latest time is 12:00

Step-by-step explanation:

take an hour away for 1:15 which is gonna be 12:15 then take the 15 minutes away and you get 12:00

Answer:

11:00

Step-by-step explanation:

if he leaves at 11:00 it’s takes an hour to get there. So when he gets there it’s 12:00 Add an hour 15 and you get 1:15

What is the value of 3 - (-2)
-5
-1
1
5

Answers

Answer:

5

Step-by-step explanation:

if your subtracting a negative number, you just add it.

Answer:

The answer is 5.

Step-by-step explanation:

There is a double negative in the equation, represented by -(-2). A double negative always equals a positive, so the equation will now translate to 3+2, which is 5.

What is 820 milliliters equal to in liters?

Answers

Answer:

0.82 L

Step-by-step explanation:

Answer: 0.82 liters

Step-by-step explanation:

For the following equation, complete the given ordered pairs.



3x + y = 10 (__, 1), (2, __)





A.
(10, 1), (2, 12)

B.
(0, 1), (2, 3)

C.
(3, 1), (2, 4)

D.
(2, 1), (2, 5)

Answers

Its C
3x3=9+1=10
3x2=6+4=10

-6•f(-3) - 5.9(-7) khan academy

Answers

-18f - 2.1 Im not sure if this is right
In decimal its 59.3
And in fraction its 593
——
10
Other Questions
Which ratio would form a proportion with 24/54 ou decide to invest in a portfolio consisting of 17 percent Stock X, 38 percent Stock Y, and the remainder in Stock Z. Based on the following information, what is the standard deviation of your portfolio? State of Economy Probability of State Return if State Occurs of Economy Stock X Stock Y Stock Z Normal .75 9.20% 2.60% 11.60% Boom .25 16.50% 24.50% 16.00% What is the solution for -10 < x - 9? Say you are considering two loans. Loan F has a nominal interest rate of 5.66%, compounded monthly. Loan G has a rate of 6.02%, compounded semiannually. Which loan will give the lower effective interest rate, and how much lower will it be?A) Loan G's effective rate will be 0.091 percentage points lower than Loan F'sB) Loan G's effective rate will be 0.058 percentage points lower than Loan F'sC) Loan F's effective rate will be 0.302 percentage points lower than Loan G'sD) Loan F's effective rate will be 0.149 percentage points lower than Loan G's The Anti-federalists insisted that the people's rights be written and added to the Constitution before they approved it. The first 10 amendments became known as after working for 25 hours the mermaid $375 after working 40 hours of the mermaid $600 predict how much he would make after 10 hours Which all states in India face water scarcity ? IF CORRECT I WILL GIVE BRAINLIEST!! Please help me do this problem! Screenshot below! How are respiratory illnesses primarily spread?coughing and sneezingcontact with contaminated fooddrinking contaminated waterbites from infected organisms The variables a and b represent the legs of a right triangle. The variable c represents the hypotenuse. Use the Pythagorean theorem to find the missing side. Write exact answers using radicals when necessary. A = 3, c = 5, find b. I GIVE BRAINLIEST!!Please explain you work!!! free paints and brianliest Marry christmas guys NEED ASAPPPPThe linear equation below describes the graph of a line.4x 3y = -12 Which of these is a point on the graph of the line? PLEASE HELP!!!! MATCH THE ANSWERS!! WILL GIVE BRAIN PLEASE!!!! Describe how you would prepare 5.00 102 mL of a 1.75 M H2SO4 solution, starting with an 8.61 M stock solution of H2SO4 A model airplane with mass 1.0 kg is held by a wire so that it flies in a horizontal circle with radius 20.0 m. The airplane engine provides a net thrust of 1.0 N perpendicular to the wire. (a) Find the torque the net thrust produces about the center of the circle. (b) Find the angular acceleration of the airplane when it is in this horizontal flight. 11 Select the correct answer. A basketball team played 15 games and won 80% of them. If the team expects to play 30 games in all how many more games must it win to finish the season with a 90% winning percentage? . 12. 00 14 15 OD. 27 The terminal point of Dis ( 1/2,3/2). What is cos 0?O A. V 3B. V3Coc.o D. VSUBMIT 10x + 3 - 4x - 7 how do u solve this Question 1Indicate the answer choice that best completes the statement or answers the question.FINANCE Determine the amount of money in a savings account that provides an annual rate of 4% compounded monthly if the initial deposit is$1000 and the money is left in the account for 5 years.Oa $221.00O b. S1221.00Oc. $1490.00Od $1000.00