If you make an initial deposit of $1000 in an account that yields 5% interest
annually. Find your balance at the end of a year.
Show your work !

Answers

Answer 1

SI

$1 000 × 4 % × 10 = $400

CI

($1 000 × 1.04 ^10) - $1 000 = $1 480.24 - $1 000 = $480.24

Interest on interest only applies to Compound Interest.

Excluding year 1, which yields $40 [the same as SI] the interest on interest yields $480.24 - $40 = $440.24

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Answer 2

The solution is $ 1050

The interest on a deposit of $ 1000 at 5% for an year will be $50 and the amount after one year is $ 1050.00

What is Simple Interest?

Simple interest is a method of calculating interest that ignores the impact of compounding. While interest frequently compounds throughout the course of a loan's set periods, simple interest does not. Simple interest is calculated by multiplying the principal amount by the interest rate, times the number of periods.

Simple Interest = ( Principal Amount x Rate x Time Period ) / 100

Given data ,

Let the simple interest be represented as S

Now , the initial amount or principal be P = $ 1000

The rate of interest R = 5 %

The time period T = 1 year

So , the simple interest is given by the equation

Simple Interest = ( Principal Amount x Rate x Time Period ) / 100

Substituting the values in the equation , we get

Simple Interest S = ( 1000 x 5 x 1 ) / 100

On simplifying the equation , we get

Simple Interest S = 5000/100

Simple Interest S = $ 50

And , the amount after one year = Principal + Simple Interest

The amount after one year A = $ 1000 + $ 50

The amount after one year A = $ 1050.00

Hence , the amount is $ 1050.00

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Related Questions

what does coplanar mean?

Answers

Answer:

Step-by-step explanation:

Co-planer

When points are in the same plane it means that the points are co-planer.

Answer:

In geometry, a set of points in space are coplanar if there exists a geometric plane that contains them all.

PLEASE ANSWER QUICK

What is the domain of f?

Answers

Answer:

-7 ≤ x ≤ 7

General Formulas and Concepts:

Algebra I

Coordinate Planes

Domain is the set of x-values that can be inputted into function f(x)

Step-by-step explanation:

According to the graph we can see that our x values span from -7 to 7. Since both are closed dot, they are inclusive in our domain:

[-7, 7] or -7 ≤ x ≤ 7

Answer:

A -7<=x<=7

Step-by-step explanation:

Domain is the set of x values which fulfill the function. We can tell from the graph that the x values start from -7 and last to 7. therefore the domain is A

If you estimate 124x22 by rounding to the nearest ten, will you get an overestimate or an underestimate?

Answers

I overestimated my chances at life, underestimated my death

if someone would me it would meaqn alott

Answers

Answer:

ration of bream to tench to carp

12: 7: 21

Step-by-step explanation:

12/40 = bream

28/40 = not bream

(28/40) x (1/4) = tench

(28/40) x (3/4) = carp

tench = (28/40) x (1/4)

= 7/40

carp = (28/40) x (3/4)

= 21/40

ration of bream to tench to carp

12: 7: 21

Answer:

12:7:21

Step-by-step explanation:

If you have 40 total, the non-bram are (40-12) = 28. One quarter of them, or 7 (since 7x4=28)are trench. It leaves 28-7= 21 carps. The total ratio is: 12:7:21. Since the three numbers are co-primes (ie, they don't share a divisor between all 3) there is no way to simplify the ratio (or, if you prefer, their sum, 40, is the minimum ammount of fishes you need to have a whole number of fishes in the pond).

Which is a better deal (assuming you like yoga and plan to go often)? Group of answer choices One yoga class for $14 A ten-class pack for $135 A 20-class yoga package for $260

Answers

Answer:

it is the $14 pack

Step-by-step explanation:

the reason it is the $14 pack is because you can buy 2 of them for $28 dollars and wont have o pay #135 or $260 for something like that.

Write the linear equation in slope-intercept form and simplify.
–4x + 13y = 7

Answers

[tex]\\ \sf\longmapsto -4x+13y=7[/tex]

[tex]\\ \sf\longmapsto 13y=4x+7[/tex]

[tex]\\ \sf\longmapsto y=\dfrac{4x+7}{13}[/tex]

[tex]\\ \sf\longmapsto y=\dfrac{4}{13}x+\dfrac{7}{13}[/tex]

Please help me, if you do not know do not answer please!

Answers

Step-by-step explanation:

Relation 1 :-

For each different inputs we don't have distinct outputs . As in 2nd and 4th . So it's not a function .

Not a function

Relation 2 :-

For same inputs we have distinct outputs . So it's not a function .

Not a Function

Relation 3 :-

For each different inputs we don't have distinct outputs . As in 2nd and 1st . So it's not a function .

Not a function

Relation 4 :-

For same inputs we do have distinct outputs . So it's not a function .

Not a Function

Factor out the GCF from the terms of the polynomial –4y^5 + 6y^3 + 8y^2 – 2y.
I know that it is either B or D but I got confused

Answers

Answer:

D

Step-by-step explanation:

.−3(4x + 3) + 4(6x + 1) = 43
What is the solution?

Answers

Answer:

  x = 4

Step-by-step explanation:

After you simplify the left side by eliminating parentheses and collecting terms, you have a 2-step linear equation.

  -3(4x +3) +4(6x +1) = 43 . . . . . . given

  -12x -9 +24x +4 = 43 . . . . . eliminate parentheses

  12x-5 = 43 . . . . . . . . . . . collect terms (now a 2-step equation)

  12x = 48 . . . . . . . . . . step 1, add the opposite of the unwanted constant

  x = 4 . . . . . . . . . . . step 2, divide by the coefficient of x

The solution is x = 4.

__

Check

  -3(4·4 +3) +4(6·4 +1) = 43 . . . . substitute for x

  -3(16 +3) +4(24 +1) = 43

  -3(19) +4(25) = 43

  -57 +100 = 43 . . . . . true

I need assistance on this question please
X-3y=24

Answers

Answer:

x = -24 + 3y

Step-by-step explanation:

Which capital letters have one or more lines of symmetry?
A) X
B) Z
C) H
D) C

Answers

Answer:

h has 4 lines x has 2 z has 3 c has none

Step-by-step explanation:


Classify the polynomial: x5 + x3

Answers

Answer:

It is a 5th-degree polynomial

Step-by-step explanation:

Looking at the expression, we can see that x⁵ is the term with the highest degree, so we call the expression a 5th-degree polynomial.

what number is one less than a cube number 20 22 24 26

Answers

Answer:

18

Step-by-step explanation:

:)

Find the distance between the points (



9.5,4.1) and (2.7,4.1).

Answers

Answer:

Step-by-step explanation:

Distance formula: [tex]d=\sqrt{(y_{2}-y_{1})^{2}+(x_{2}-x_{1})^{2}}[/tex]

[tex]d=\sqrt{(4.1-4.1)^{2}+(2.7-9.5)^{2}}=\sqrt{(-6.8)^{2}} = 6.8[/tex]  

Note that distance is always positive

Martin had 7 pounds of grapes left, and he gave away 2
5
of them. Explain how to use compatible numbers to estimate the amount of grapes he gave away.
#Nova

Answers

Answer: 2/5 is closer 1/2. and it is easy to find half of 7 mentally. Half of 7 is 3.5, so Martin gave away about 3.5 pounds away.

100 points if you get this

Answers

Answer:

....

Step-by-step explanation:

Answer:

I AGREE

Step-by-step explanation:

All the assignment for 25 points

Answers

Answer:

X = 6.2m

Step-by-step explanation:

118 - 19x =

Answer:

the length would be 40

Step-by-step explanation:

step 1) multiply 19 for both short sides = 38

step 2) subtract from total perimiter = 80

step 3) 80 divided by 2 to calculate length/long side = 40

WILL MARK AS BRAINLIEST

Answers

i think it’s 60, if i’m wrong sorry

Which set of ordered pairs represents a function?
A. {(0,5), (2,5),(4,5), (6,5), (8,5)}
B. {(3, 1), (3, 2), (3, 3), (3, 4), (3,5)}
C. {(2,3), (3, 4), (4,3), (3, 2), (2, 1)}
D. {(1, 4), (2, 4), (3, 4), (4, 3), (4, 2)}

Answers

I bet its c coukd be wrong tho good luc

Given minimum and maximum data entries and the number of classes min = 75, max = 280, 10 classes. Write the first five lower class limit.

Answers

The lower class limit is simply the least data element that can enter a class.

The first five lower class limits are: 75 , 96, 117, 138 and 159

The given parameters are:

[tex]\mathbf{Min = 75}[/tex]

[tex]\mathbf{Max = 280}[/tex]

[tex]\mathbf{Class = 10}[/tex]

Calculate the range

[tex]\mathbf{Range = Max - Min}[/tex]

[tex]\mathbf{Range = 280 - 75}[/tex]

[tex]\mathbf{Range = 205}[/tex]

Divide by the number of classes, to determine the class width

[tex]\mathbf{n =\frac{205}{10}}[/tex]

[tex]\mathbf{n =20.5}[/tex]

Approximate

[tex]\mathbf{n =21}[/tex]

So, the lower limits are:

[tex]\mathbf{Lower = 75 \times 0, 75 + 21 \times 1, 75 + 21 \times 2, 75 + \times 3, 75 + \times 4}[/tex]

[tex]\mathbf{Lower = 75 , 96, 117, 138 , 159}[/tex]

Hence, the first five lower class limits are: 75 , 96, 117, 138 and 159

Read more about lower class limits at:

https://brainly.com/question/7949481

Two boats leave the same port at the same time. One travels at a speed of 28 mi/h in the direction N 50° E, and the other travels at a speed of 26 mi/h in a direction S 70° E (see the figure). How far apart are the two boats after 1 h? (Round your answer to the nearest mile.)

Answers

Answer:

  27 miles

Step-by-step explanation:

The law of cosines can be used to find the distance between the boats. In 1 hour, one has traveled 28 miles, and the other has traveled 26 miles. The angle between their directions of travel is ...

  180° -50° -70° = 60°

Then the distance c can be found from ...

  c^2 = a^2 +b^2 -2ab·cos(C)

  c^2 = 28^2 +26^2 -2·28·26·cos(60°) = 732

  c = √732 ≈ 27.055

The boats are 27 miles apart after 1 hour.

Ava bought 2 sandwiches for a total of $5.25 , a bowl of soup for $3.00, and a bag of chips for 1.25. How much change did she get back if she paid with a $20.00 bill?

Answers

Answer:

she would get 11 dollars back

Step-by-step explanation:

look....first count all the money together 5 + 3 + 1 = 9............Then subtract 9 from 20 and there u go

$5.25 + $3.00 + $1.25 = $9.50

Ava spent $9.50 total.


$20.00 - $9.50 = $10.50

After paying with a 20 dollar bill, she would receive $10.50 in change.

Claim: Fewer than 95​% of adults have a cell phone. In a reputable poll of 1170 ​adults, 90​% said that they have a cell phone. Find the value of the test statistic.

Answers

Answer:

From the information given, it is found that the value of the test statistic is z = -11.97.

At the null hypothesis, it is tested if the proportion is of at least 95%, that is:

At the alternative hypothesis, it is tested if the proportion is of less than 95%< that is:

The test statistic is given by:

In which:

is the sample proportion.

p is the value tested at the null hypothesis.

n is the sample size.

In this problem, we have that the parameters are:

.

Thus, the value of the test statistic is:

The value of the test statistic is z = -11.97.

Step-by-step explanation:

hope it helps

please mark brainliest

What is the value of x

Answers

Answer:

12

Step-by-step explanation:

We know the hypotenuse and legs of 45° right triangle have ratio:

h ÷ l = √2 ÷ 1

Substitute given values and find x:

x ÷ 6√2 = √2x = 6√2 × √2 x = 12

what triangle is formed with the angles 32 126 and 32

Answers

An obtuse triangle would be formed. If you add all the angles, you get a total of more then 180 causing it to b obtuse.

Suppose that a piano costs $6,000 and loses 15% of its value each year. The table below shows the value, v, of a piano after, t, years.
Part A: Write an equation to find the value of the piano, v, after t years.
Part B: What will be the value of the piano after 16 years? Round your answer to the nearest hundredth.

Answers

v(value)=6000-0.15t(years)

Part B would be $445.50

4.$3132.03

5$2662.23

6$2262.89

7$1923.46

8$1634.94

9$1389.70

10$1181.24

11$1004.05

12$853.45

13$725.43

14$616.61

15$524.12

16$445.50

been working on this for a while and can’t figure it out, can someone help?

Answers

Answer:

x = 24 4/5

Step-by-step explanation:

Simply reverse this - add 20 to 4, and 3/5 to 1/5, and you have X.

solve the simultaneous linear equations by using the elimination method​

a - b = -3
3a - 4b = -5

Answers

Answer:

3a -3b= -9

3a - 4b = -5

-------------------

b=-4

4a- 4b= -12

3a - 4b = -5

-------------------

a = -7

I'm not exactly sure how to do this. I know how you would graph it but I don't know the transformation.

Answers

Answer:

Its D.

Step-by-step explanation:

The 3 as the exponent makes it cubic and since the x+1 is in parenthesis you would move it 1 unit to the left

i just wanna make sure yall, when it says find the coordinates does mean
to find x and y?

Answers

Answer:

it means to graph the x and the y are horizontal and vertical lines that you use in graphs to graph the number or to reach it ,, hope this helps ..

Step-by-step explanation:

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