Find the total future amount for $500 invested at 2.02% for 5 years
compounded monthly.
State your answer in terms of dollars rounded to the nearest cent
(hundredth).
Do not include a $ sign with your response.

Correct Answer is but explain how
553.09

Find The Total Future Amount For $500 Invested At 2.02% For 5 Yearscompounded Monthly.State Your Answer

Answers

Answer 1
monthly compound interest formula is
P(1+(r/12)^12t
Where p is the principal amount (starting money), r is the rate (in decimal form), and t is time
2.02% is 0.0202 in decimal form
So to plug in our values:
500(1+0.00168333)^12(5)
Plug that in the calculator and then you get
553.09134377
Round to the nearest cent (unless indicated otherwise)
And then you get
553.09

Related Questions

needing help with fraction problem

4/11 - 10/8 equals?

having trouble breaking it down to get the answer

Answers

Answer:

71/44

Step-by-step explanation:

Here the LCD is the product of the two denominators given:  11*8 = 88.

We rewrite 4/11 as 32/88 and 10/8 as 110/88.  Now the denominators are the same.

Combine  32/88 and 110/88.  We get the sum  142/88, which reduces to 71/44.

Answer:

-39/44.

Step-by-step explanation:

We need to find the lowest common multiple of 11 and 8.

This is 88.

Now to convert the 2 fractions to denominator 88 we multiply first by

8/8 and the second by 11/11:

4/11 - 10/8

= 32/88 - 110/88

= -78/88

= -39/44

Write an equation of the line in slope-intercept form. JY 1 (3, 3) (0, 2) 2 4
y=​

Answers

Correct answer: y = [tex]\frac{1}{3}[/tex]x + 2

To find out the slope, you would need to remember this slope formula: [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]. We can use the two points provided on the graph to figure out the slope. We can label (3, 3) as [tex]x_{1}[/tex] and [tex]y_{1}[/tex], and (0, 2) as [tex]x_{2}[/tex] and [tex]y_{2}[/tex]. Now we can plug these numbers into the slope formula to find out the slope:

m = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex] → [tex]\frac{2-3}{0-3}[/tex] → [tex]\frac{-1}{-3}[/tex] → [tex]\frac{1}{3}[/tex]

To find out the y-intercept, just substitute (3, 3) into the slope-intercept formula ( y = mx + b ) with the slope that is substituted for 'm' that we already solved earlier.

y = mx + b

(3) = [tex]\frac{1}{3}[/tex](3) + b

3 = 1 + b

2 = b

You can also prove this true by looking at the graph provided. The line intersects at the y-axis at 2.

Now we know that m = [tex]\frac{1}{3}[/tex] and b = 2, we can substitute it into the slope-intercept formula. Thus, the answer is y = [tex]\frac{1}{3}[/tex]x + 2.

Hope this helps you! Let me know if you have any more questions related to this problem.

Hello, please be honest, is this correct?

Answers

yup your right ( i’m just writing here so it lets me send it)

Answer:

Yes that is correct you got keep up good work

Estimate and then solve 6,699 ÷ 72 = ___.

92 r 4
93 r 3
93 r 4
94 r 3

Answers

Answer:

It would be 93 remainder 3/the second one.

PLS HURRY WILL GIVE BRAINLIEST & 20 PTSS!!!!

Answers

Answer:

(0,2) x (3,-2)

Step-by-step explanation:

How many combinations are possible? Assume the items are distinct.
10 items chosen 10 at a time

Answers

About 100 combinations are possible because u have to do 10x10

Use the graph below to find the indicated expression: f(3)-f(-3)

Answers

Answer:

f×3-f×(-3)

3f+3f

solution:

6f

Step-by-step explanation:

hope it's can help

Homework help!!!!!!!

Answers

Answer:

r = -9

Step-by-step explanation:

the less the negative number is the more it is .

The lines graphed below are parallel. The slope of the red line is - What is
.
the slope of the green line?
X
-5
5
m =
O A. -
ОВ.
Rlო
4
3
O c. -
O c c
O D.
O
3
4

Answers

Answer:

C. -4/3

Step-by-step explanation:

Parallel lines have the same gradient (steepness) and this means that they will never intersect.

Hope this helps!

The slope of the red line will be {m} = - 4/3.

What is the general equation of a straight line?

The general equation of a straight line is -

y = mx + c

where -

{m} is the slope of the line.

{c} is the {y} - intercept.

Given is that the straight lines graphed below are parallel.

The slope of the red line could be calculated from the points through which the line passes. The points are : (- 3, 0) and (0, 4).

{m} = (- 4 - 0)/(0 + 3)

{m} = - 4/3

Since the lines are parallel, we can write the slope of the green line as same as that of the red line.

Therefore, the slope of the red line will be {m} = - 4/3.

To solve more questions on straight line, visit the link-

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7. The ratio of the base to height of a triangle is 3:5. If the area of this triangle is 30, find the lengths of the base and height.​

Answers

Answer:

Base= 6

Height= 10

Step-by-step explanation:

Area of triangle= ½ ×base ×height

Let the base be 3x and the height be 5x.

Given that the area is 30,

½ ×base ×height= 30

½(3x)(5x)= 30

Multiply both sides by 2:

3x(5x)= 60

15x²= 60

x²= 60 ÷15

x²= 4

Square root both sides:

[tex]x = \sqrt{4} [/tex]

x= 2

(reject x= -2 since length has a positive value)

Length of base

= 3x

= 3(2)

= 6

Length of height

= 5x

= 5(2)

= 10

What is the opposite of V3?

Answers

It should be -v3
Hope this helps

Choose the pythagorian triplet with the smallest number as 10.

a) 24, 26, 10
b) 10, 6, 8
c) 10, 16, 18
d) 10, 18, 20​

Answers

Answer:

b

Step-by-step explanation:

pls give brainliest hope helpful

Sorry its blurry but please hurry!!!!!!! Answer 9 and 10 please!!!!

Answers

Answer:

9. 31/2 or 15.5( I think that's the answer)

10. B

Step-by-step explanation:

A baker packed 24 cupcakes into each box. After he had packed 37 boxes of cupcakes, there were 248 cupcakes left. How many cupcakes were there altogether?

Answers

Hope this helps have a great day!!!!!

Use the Quadratic Formula to solve for x and then determine whether your solution is real or
complex.
y = x2 - 4x + 9
**Remember y = 0**
O Real
o Complex

Answers

Answer:

[tex] {x}^{2} - 4x + 9 = 0 \\ x=\frac{-b\pm\sqrt{b^2-4ac}}{2a} \\ x=\frac{-( - 4)\pm\sqrt{( - 4)^2-4(1)(9)}}{2(1)} \\x=\frac{ 4\pm\sqrt{ 16-36}}{2} \\ x=\frac{ 4\pm\sqrt{ - 20}}{2} \\ x=\frac{ 4\pm2i\sqrt{ 5}}{2} \\ x = 2\pm \: i\sqrt{ 5} \\ D = {b^2-4ac} \\D = { 16-36} \\ = - 20 < 0 \rightarrow \: x \in \: \mathbb{C} \: \\ x \: is \: complex [/tex]

what is the length of segment XZ?
192
12
8
144

Answers

Answer:

12 is the length of XZ

Step-by-step explanation:

Pythagorean Theorem Formula: a² + b² = hypotenuse²

x² + 5² = 13²

x² + 25 = 169

x² + 25 - 25 = 169 - 25 (subtract 25 in both sides)

x² = 169 - 25

√x² = √144

x = 12

A number that has more than two factors is a

Answers

Composite number? I’m not sure if that’s what you’re working on but it’s a true statement.

Pleas help me out here.

Answers

Answer:

A and E

Step-by-step explanation:

The given problem shows a graph of a vertical line with an undefined slope, in which its equation is x = 3 (which matches Option A).

It is not considered a function because it has the same input for every given output.  This means that regardless of its y-coordinate, its corresponding x-coordinate will always be x = 3.  

The Vertical Line Test allows us to know whether or not a graph is actually a function. Remember that a function can only take on one output for each input. We cannot plug in a value and produce two output values.  Since the graph represents a vertical line, it automatically fails the vertical line test. Therefore, it is not a function.

Because it is not a function, Options B, C, and D are invalid answers.

Hence, the correct answers are Options A and E.

What single percentage change is equivalent to a 14% increase followed by a 11% decrease?

Options:
4.54% decrease
26.54% increase
4.54% increase
1.46% decrease
26.54% decrease
1.46% increase ​

Answers

Answer:

1.46%

Step-by-step explanation:

Pretend you have a number as a test dummy. We'll go with 100 for simplicity. A 14% increase to 100 would be 114. Then we can decrease 114 by 11%. We can find 11% of 114 with an equation like so: x/114 = 11/100. We can then cross multiply to get this" 100x = 1254, which can be simplified to x=12.54. Now, we can subtract 12.54 from 114, which will get us 101.46. Because percentage is based on 100, we can simply subtract 100 from 101.46, which gives us 1.46. So, the answer is 1.46%.

Explain why there is not enough information to state that CP is the perpendicular bisector of AB.

Answers

Answer:

First, we need to know if AP is equal to PB. We don't really know that CP passed through the midpoint of AB. We also don't know if CPA is equal to CPB. This is why there is not enough information to state that CP is the perpendicular bisector of AB.

Step-by-step explanation:

A perpendicular bisector is a segment that passes through a midpoint of a segment and is perpendicular to it.

-kiniwih426

758 rounded of to the nearest hundred

Answers

Answer:

800

Step-by-step explanation:

Hope this helps

Answer:

800, if it's higher than 50 you can round it to the next hundred

In a group of 97 students, the number of students taking programming is twice the number of students taking math. There are 53 students taking exactly one of these subjects, and 15 are taking neither of these subjects. How many students are taking math? How many students are taking programming? In a group of 97 students, the number of students taking programming is twice the number of students taking math. There are 53 students taking exactly one of these subjects, and 15 are taking neither of these subjects. How many students are taking math? How many students are taking programming?

Answers

The number of student taking math is 37 while the number of students taking programming is 74

Universal set = 97

let

The number taking math = x

The number taking programming = 2x

The number of students that take exactly one subject = 53

The student taking neither of the subject = 15

The number of students taking only maths will be

x - n(m ∩ p)

The number of students taking only programming will be

2x - n(m ∩ p)

let

n(m ∩ p) = y

Therefore,

x - y + 2x - y = 53

3x - 2y = 53

Also,

97 = x + 2x - y + 15

3x - y = 82

Therefore,

3x - 2y = 53

3x - y = 82

-y -(-2y) = 82 - 53

y = 29

3x - 29 = 82

3x = 82 + 29

3x = 111

x = 111/3

x = 37

Finally,

number of students taking maths = 37

number of student taking programming = 37×2 = 74

Check similar problem on sets: https://brainly.com/question/16132324?referrer=searchResults

Find the x-intercept and y-intercept of the line and then graph the equation
-4x+2y=-4

Answers

Answer:

x-intercept is 1  and y-intersect is -2

Step-by-step explanation:

To find the x-intercept let y = 0 and to find the y-intercept let x = 0 and solve each equation.

-4x + 2y = -4         Let x = 0  and solve for y

-4(0) +2y = -4

0 + 2y = -4

 2y = -4

    y = -4/2 ; y = -2       y- intercept is -2

                         

                              Let  y = o and solve

     -4x + 2y = -4

      -4x + 2(0) = -4

     -4x + 0 = -4

      -4x = -4

         x = -4/-4 ;  x = 1           x-intercept is 1

right please no link or bot

Answers

Answer:

3^18

Step-by-step explanation:

Hope it helps

Answer:

3^3

Step-by-step explanation:

Find the circumference of a circle with a radius of 7 centimeters. Use 3.14 as an approximation for pi . Round your answer to the nearest whole centimeter. Enter only the number.

Answers

Hi this is the answer and explaination

I'm sorry if it's incorrect

hope's it's help

The circumcenter of a circle with a radius of 7 cm is, 44cm.

What is circumference?

Circumference is the distance around the perimeter of a circular object. It is defined as the length of the circle that is found by multiplying the diameter of the circle by π (pi), which is approximately equal to 3.14.

The formula for the circumference of a circle is given by: C = 2πr,

Given that,

The radius of circle = 7 cm

Substituting the given value of radius as 7 and using pi = 3.14,

we get:

Circumference = 2 × 3.14 × 7

                         = 43.96

Rounding this to the nearest whole centimeter, we get:

Circumference ≈ 44

Therefore, the circumference of the circle with a radius of 7 centimeters is approximately 44 centimeters.

To know more about circumference check:

https://brainly.com/question/4268218

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Can someone please help me on this problem I’m struggling

Answers

Answer:

No pictures so can't help ya.

I think of a number Then multiply it by 3 then add 4 then divide by 4 my final answer is 3 less than the number is the number i thought of the beginning.

Write it as an equation and solve.

Answers

(3x + 4) / 4 = x - 3
3x + 4 = 4x - 12
-x + 4 = -12
-x = -16
x = 16

Check:
(3x + 4) / 4 = x - 3
(3*16 + 4) / 4 = 16 - 3
(48 + 4) / 4 = 13
52 / 4 = 13
13 = 13

I need it asap fast and I give brainliest to a right answer.

Answers

Answer:

hiik

Step-by-step explanation:

rvnlgsudffstdrestdftuisffjhigyhoffyxhcccdfidsudjifg

C + A might equal B Bc I want you to B with me puuuu Smooth

Helpppppppp meeeeeeee

Answers

Answer:

Step-by-step explanation:

solution 1:

570 not man = 15% (cause 100% - 85%)

15% = 570

100% = w (for "whole package")

15w = 100 * 570

15w = 57000

w = 57000 / 15

w = 3800

solution 2:

15% = 570

85 = m (for "men)

15m = 570 * 85

15m = 48450

m = 48450 / 15

m = 3230

100% = 85% + 15%

100% = b (for "buch of people")

b = 3230 + 570

b = 3800

3 to the power of 1/7

Answers

Answer: 0.42857142857

Step-by-step explanation:

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