Jim invests $1240 at a 3.6 interest rate in an account that is compounded quarterly. What is the value of the account after 6 years

Answers

Answer 1

Answer:

$1507.84

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 3.6%/100 = 0.036 per year,

then, solving our equation

I = 1240 × 0.036 × 6 = 267.84

I = $ 267.84

The simple interest accumulated

on a principal of $ 1,240.00

at a rate of 3.6% per year

for 6 years is $ 267.84.


Related Questions

Which is the same as 10/3?

Answers

Answer:

3.33 repeating or 3 and 1/3

Step-by-step explanation:

If you divide 10 by 3 you get a repeating decimal of 3.3333...

or if you make the fraction into a mixed number, it would be 3 and 1/3

If you don’t know the answer pls don’t reply but if you do please tell me thank you.

Answers

Answer:

the answer will be B or C hope that helps

Step-by-step explanation:

the answer will be B or C hope that helps

Answer:

A) 12

Step-by-step explanation:

3/2=x/8

cross multiply

2x=24

x=12

help me please!
what goes in the box?

Answers

Answer:

Answer:

-20/10

y=-20 x=10

Answer:-36/-6=-6

Step-by-step explanation:

Please answer this question

Answers

Answer:

yo wallet

Step-by-step explanation:

Please help me with math :C

Answers

Answer:

19 feet

Step-by-step explanation:

first, identify which is length and which is width. length is always longer than the width.

in order to do so, we need the measures in the same units, so let's convert . 12 yards to feet and 204 inches to feet:

there are 3 feed in a yard, so let's multiply 12 by 3:

12 • 3 = 36 feet

there are 12 inches in 1 foot, so let's divide 204 by 12

204 ÷ 12 = 17 feet

which is longer? 36 feet! so that's the length

finally, subtract the width(17 ft) from the length (36 ft)

36 - 17 = 19ft

Which equation best represents the line? (4 points)

Answers

what line....??????????
we need to know what the line is

pls help (ZOOM IN TO SEE FULL PIC)

Answers

Answer: 15

Step-by-step explanation:

Lets name the missing point as "x"

8^2 + x^2 = 17^2

=> 64 + x^2 = 289

=> x^2 = 289 - 64

=> x^2 = 225

=> x = 15

Beth went on vacation for 4 1/2 days in June and 8 1/2 days in July. How many days was Beth on vacation altogether?

Answers

Hi there,

Answer is: 4 months, because 4 plus 4 is 8.

Explanation: 4/1/2 ; 8/1/2

How to get 4/1/2 ; 8/1/2

So you add 4 to get 8 and 4 plus 4 is 8.

Please solve in slope intercept form.

Answers

Answer:

Step-by-step explanation:

I zm pretty sure its the first 1

what is perimeter of the figure 115.14cm​

Answers

Answer:

115.14 x 4 = 460.56 cm

Step-by-step explanation:

The Wonder Wings Insect Museum sells bug-shaped notebooks in their gift shop. Last month,
they sold 35 butterfly notebooks and 55 ladybug notebooks. The notebooks were so popular
that they want to order more this month. They plan to order 110 ladybug notebooks this
month.
If they keep the same ratio, how many butterfly notebooks should they order this month?

Answers

Answer: The Answer is actually 70 butterfly notebooks!!

Step-by-step explanation:

Answer:

70

Step-by-step explanation:

solve x best aw gets brain​

Answers

you would equal them both to each other to find the answer of x=32

Answer:

x=32

Step-by-step explanation:

The explanation is in the picture. Whenever you want to check your answer plug that number in.

solve 3-²
I need work shown​

Answers

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\text{Equation: }\bold{3^{-2}}[/tex]

[tex]\large\text{Lets convert }\bold{3^{-2}}\large\text{ into }\bold{3^2}\large\text{ temporarily...}[/tex]

[tex]\large\text{Equation:} \bold{\dfrac{1}{3^2}}\\\\\bold{= \dfrac{1}{3\times3}}\\\\\bold{3\times3\rightarrow9\leftarrow\ solving\ for\ your\ DENOMINATOR\ (bottom\ number)}\\\\\bold{= \dfrac{1}{9}}\\\\\boxed{\boxed{\large\text{Answer: }\bold{\dfrac{1}{9}}}}\huge\checkmark[/tex]

[tex]\textsf{Good luck on your assignment and enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

i really don’t understand this and i need help so if you can pls help

Answers

Answer:

1537500

Step-by-step explanation:

it should be that. all you do is multiply 615000 by 2.5

A garden is going to be built in the city park in the shape of a parallelogram with a rectangular walkway through it. The garden region is shown below. Find the area of the garden region by finding the areas of the individual shapes shown in the figure. 78 ft 72 ft 30 ft 20 ft Answer:​

Answers

Answer:

328

Step-by-step explanation:

30+30=60 +(78 +78) = 216 + 72= 288 + (20+20) = 328

Answer:

The answer is 328

Step-by-step explanation:

I took the test an explenation is exactly like the other comment said, you add the sides up and bam.

Also, Stay Safe, SS. ps. Dont cough or sneeze on other people, wear your mask in populated areas, and sanitize. <3

Mrs. Smith took her bird to the vet. Tweety weighed 1 and 3/10 pounds. The vet said that Tweety weighed 4/10
pound more last year. How much did Tweety weigh last year?

Answers

Add 4/10 to the bird’s current weight of 1 an 3/10...you get 1 and 7/10 pounds
(or 1 7/10)

My cousin borrowed $18,000 for a new car loan for 6 years. He told me that at the end of the loan, he had paid $25,560 for the interest and principal. What was the rate of the loan?

Answers

Answer:

6%

Step-by-step explanation:I

I'm going to assume that the interest is compoudning anually and there was only one payment

we know that

FV=PV(1+i)^N

which means taht

25560=18000(1+i)^6

Solve for i and get .06 or 6%

Lynn is making a snack. The recipes call for 38 cup of water for oats and 14 cup of water for dried fruit. She only has 1 cup of water. Does she have enough to make her snack? Explain. No. Both recipes call for more than 1 cup, so the recipes will use more than 2 cups altogether. No. Both recipes call for more than half a cup, so the recipes will use more than 1 cup altogether. Yes. Both recipes call for exactly 1 cup, so the recipes will use exactly 1 cup altogether. Yes. Both recipes call for less than half a cup, so the recipes will use less than 1 cup together

Answers

Answer:

3.4/6

Step-by-step explanation:

No, Lynn do not have enough water to make her snack.

What is the fraction?

In Mathematics, fractions are represented as a numerical value, which defines a part of a whole. A fraction can be a portion or section of any quantity out of a whole, where the whole can be any number, a specific value, or a thing.

Given that, the recipes call for 3/8 cup of water for oats and 1/4 cup of water for dried fruit.

You need to add up the quantities of water needed first. That will then tell if she has enough water.

Convert the fractions to decimals then add them up:

3/8 = 0.375

1/4 = 0.25

= 0.25 + 0.375

= 0.625 cups of water is required.

This is less than the 1 cup she has so she has enough water to make the snack.

No, Lynn do not have enough water to make her snack.

To learn more about the fraction visit:

brainly.com/question/1301963.

#SPJ2

"Your question is incomplete, probably the complete question/missing part is:"

Lynn is making a snack. The recipes call for 3/8 cup of water for oats and 1/4 cup of water for dried fruit. She only has 1 cup of water. Does she have enough to make her snack? Explain

A rectangular plant holder is 8 inches long 7 1/2 inches wide and 5 inches high. How much potting soil can the planter hold

Answers

Answer:

[tex]300[/tex]

Step-by-step explanation:

[tex]8 \times 7 \frac{1}{2} \times 5 \times = 300[/tex]

The rectangular plant can hold the volume of potting soil is 300 cubic inches.

What is a cuboid?

A cuboid is a three-dimensional shape in which all sides are rectangles. A cuboid has 6 faces, 8 vertices, and 12 edges. All the angles formed at the vertices of a cuboid are right angles. The opposite edges are parallel to each other.

For the given situation,

The rectangular plant holder is in the shape cuboid.

Length of the rectangular plant,l = 8 inches

Width of the rectangular plant,w = 7 1/2 = 15/2 inches

Height of the rectangular plant,h = 5 inches

The formula of volume of cuboid is

[tex]V=lwh[/tex]

⇒ [tex]V= (8)(\frac{15}{2} )(5)[/tex]

⇒ [tex]V=300[/tex]

Hence we can conclude that the rectangular plant can hold the volume of potting soil is 300 cubic inches.

Learn more about cuboid here

https://brainly.com/question/46030

#SPJ2

Please answer 1 and 2

Answers

Answer:

Colleen pays 8 cents morePaulo read 2 more nonfiction books

Step-by-step explanation:

Q2

Colleen pays 7% tax:

$20*0.07 = $1.4

Brad pays 6% tax:

$22*0.06 = $1.32

The difference is:

$1.4 - $1.32 = $0.08

Colleen pays 8 cents more

Q3

Paulo read nonfiction books:

35% of 40 books = 40*0.35 = 14 books

Paulo read 14 - 12 = 2 more nonfiction books

A school committee consists of 4 girls and 6 boys. How many girls should be added to the committee so that the probability of choosing a student from the committee at random and choosing a girl is 70%?

Answers

An important fact that would help you with this is knowing that
70% = 3/4


HELPPPPPPPPPPPPPPPPPPPPPP!!!!!!!!!!!!!!!!!!!

Answers

Answer:

Length = 6 inches

6 inches it in the picture

The expression is equivalent to . What is the value of n?

Answers

Answer:

?

Step-by-step explanation:

which algebraic expression represents the word expression "three times the square of a number, n, subtracted from 54. ANSWER ASAP

Answers

the answer would be 54-3[n]

Lisa's weekly pay increases from $525 to $546
Calculate her percentage pay increase.

Answers

546 - 525 = 21

21 is 4% of 525.


Lisa gained a 4% pay increase.

The percentage pay increase of Lisa's weekly will be 4%.

What is the percentage?

The amount of any product is given as though it was a proportion of a hundred. The ratio can be expressed as a quarter of 100. The phrase % translates to one hundred percent. It is symbolized by the character '%'.

The percentage is given as,

Percentage (P) = [Final value - Initial value] / Initial value x 100

Lisa's weekly pay increased from $525 to $546. Then the percentage pay increase will be given as,

P = [(546 - 525) / 525] x 100

Simplify the expression, then we have

P = [(546 - 525) / 525] x 100

P = (21 / 525) x 100

P = 0.04 x 100

P = 4%

The percentage pay increase of Lisa's weekly will be 4%.

More about the percentage link is given below.

https://brainly.com/question/8011401

#SPJ2

Megan used a 30% off coupon to purchase a sweater. If she saved $14.40, what was the original price of the sweater?

Answers

Answer: 18.72

Step-by-step explanation:

14.40*1.3

Answer: 48$ was the original price of the sweater.

Step-by-step explanation:To find this answer, I divided the coupon discount by the discounted price (14.4) and got 48.00, to double check, I then multiplied the number by the discount number and got 14.4

8(4p+5)=8(5p-4) what’s the answer

Answers

Answer:

p= 9

Step-by-step explanation:

p= 9

Answer:

p=9

Step-by-step explanation:

8*4p+8*5

32p+8*5

32p+40

8(5p-4)

multiply the numbers:8*5=40

8*5p-8*4

Multiply the number 8*4=32

40p-8*4

40p-32

32p+40=40p-32

Subtract 40p from both sides:

32+40-40=40p-32-40

Simplify:

-8p=-72

divide both sides by: -8

-8p/-8=-27/-8

p=9

1. Use the Pythagorean Theorem to find then find the perimeter and area of each
figure (Round answers to the nearest tenthl. Be sure to put your unit of measure in the
second blank
7 cm
10 cm
x =
perimeter =
area =

Answers

haf ki liksa sa na

hs k

hsvst

Guided Practice


Find the range of the function rule y=5x−2 for the domain.

{−1/2, 1/4, 2/5}

A.
{−1/2, 3 1/4, 4}

B.
{3/10, 9/20, 12/25}

C.
{− 4 1/2, −3/4, 0}

Answers

Answer:

C.

{− 4 1/2, −3/4, 0}

Step-by-step explanation:

domain

-1/2;1/4; 2/5

range

-5 1/2; (5/4-2);0

{-1/2, 1/4, 2/5}

take the derivative of the equation 4 times. f 4 (x)=0.

C

Step-by-step explanation:

if you put in the values (-1/2, 1/4, 2/5) in the function, it gives the answers in option C

Which set of measurements could be the side lengths of a right triangle?
A. {3 in., 5 in., 7 in.}
B. {6 in., 9 in., 12 in.}
C. {8 in., 15 in., 17 in.}
D. {10 in., 20 in., 30 in.}

Answers

Answer:

D

Step-by-step explanation:

you simply add the 2 smaller sides, and if their sum equals the bigger side, its correct!

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