Suppose Tabitha finds an annuity that pays 7.0% annual interest, compounded semiannually. She decides to invest $650
semiannually in this annuity for 5 years. How much interest does she earn during the 5 years?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.

Answers

Answer 1

Answer:

Rounded to the nearest cent, over 5 years she will earn $ 916.89.

Step-by-step explanation:

Since Tabitha found an annuity that pays 7.0% annual interest, compounded semiannually, and she decided to invest $ 650 semiannually in this annuity for 5 years, to determine how much interest she will earn during the 5 years the following calculation must be performed:

650 x (1 + 0.07 / 2) ^ 5x2 = X

650 x (1 + 0.035) ^ 10 = X

650 x 1,035 ^ 10 = X

916,889 = X

Thus, rounded to the nearest cent, over 5 years she will earn $ 916.89.

Answer 2

Answer: 1125.41

Step-by-step explanation:

First, let’s find out how much is in the account after 5 years. We will use the savings annuity formula

A(t)=d((1+r/n)n⋅t−1)r/n

to find the value of A(5). We know that r=0.07, d=$650, n=2 compounding periods per year and, t=5 years. Substitute these values into the formula.

A(5)=$650 ((1+0.07/2)5⋅2−1)/(0.07/2)

Simplifying gives

A(5)=$650 ((1.035)10−1)/(0.035),

thus

A(5)=$7,625.41.

The sum of all deposits D5 is given by 5⋅2⋅$650=$6,500. Now, substitute these numbers into

A(5)=D5+I5

and solve for I5. This gives

$7,625.41=$6,500+I5,

yielding the total interest paid as $1,125.41. Enter 1125.41 as the answer.


Related Questions

Help please question in the picture

Answers

Answer:

81 m²

Step-by-step explanation:

The area of the figure = area of the rectangle + area of the triangle

= Length*Width + ½*base*height

Length = 10 m

Width = 6 m

base = 6 m

height = 7 m

Thus:

Area = 10*6 + ½*6*7

Area = 60 + 21 = 81 m²

01:11:1
n
The population, P, of six towns with time t in years are given by the following exponential equations:
(0) P - 1000(1.08)'
(ii) P-600(1.12)
(iii) P - 2500(0.9)'
(iv) P - 1200(1.185)
(V) P - 800(0.78)
(vi) 2000(0.99)
Which towns are decreasing in size?
i, ii, and iv
c. i, ii, and iii
b. iii, v, and vi
d. vi, i, and ii
a.
Please select the best answer from the choices provided
А
B
е с
D

Answers

9514 1404 393

Answer:

  b. iii, v, and vi

Step-by-step explanation:

We assume your equations are intended to be P=(something) where the something has a final factor of ( )^t.

The final factor is called the "growth factor". Subtracting 1 from it gives the "growth rate". When that value is negative, the population is declining.

Equations (iii), (v), and (vi) have growth rates that are negative, so those represent towns decreasing in size.

In Ms. Chance's first period class, there are 9 students with hazel eyes, 10 with brown eyes, 7 with blue eyes, and 2 students with green eyes. Ms. Chance picks a student at random. Which color eyes is the student most likely to have?

Answers

Answer:

Brown eyes

Step-by-step explanation:

10/28 Fraction form

0.3571 Decimal form

35.71 % Percentage form

10 is the greatest number out of all the other colors

AABC is isosceles.
MZA = 48° and mZB = 4x + 4.
A
B
x= [?]


Answers

11 I hope that is on of your options

Question 6 of 10 What is the slope of the line that contains the points (-2, 2) and (3, 4)? O A. 01N B. 5 C. 5 2 D. 2 SUBMIT​

Answers

Answer:

I don't know what those answer choices are but the answer should be: [tex]\frac{2}{5}[/tex]

Step-by-step explanation:

4-2 = 2

3 - (-2) = 5

Put the y values over the x

[tex]\frac{2}{5}[/tex]

What is the volume of the figure?

Answers

Answer:

12.57

Step-by-step explanation:

same as last time you know

The Wanting Recognition (WR) Scale provides a quantitative measure of a person's level of need for approval and sensitivity to social situations. A random sample of 100 convicted drug dealers was scoredf on the WR scale and produced a mean WR score of 39 and a standard deviation of 6. (a) Use this information, find an interval estimate of the mean WR score for all convicted drug dealers with 99% confidence level.

Answers

Answer:

99% of the confidence level  of the mean WR score for all convicted drug dealers

(37.4544, 40.5456)

Step-by-step explanation:

Step(i):-

Given that the sample size 'n' = 100

Given that the mean of the sample(x⁻) = 39

Given a standard deviation of the sample (σ) = 6

Level of significance = 0.01 or 99%

Step(ii):-

99% of the confidence level  of the mean WR score for all convicted drug dealers

[tex](x^{-} - Z_{0.01} \frac{S.D}{\sqrt{n} } ,x^{-} + Z_{0.01} \frac{S.D}{\sqrt{n} })[/tex]

[tex](39 -2.576 \frac{6}{\sqrt{100} } ,39 + 2.576 \frac{6}{\sqrt{100} })[/tex]

(39 - 1.5456 , 39+1.5456)

(37.4544, 40.5456)

Final answer:-

99% of the confidence level  of the mean WR score for all convicted drug dealers

(37.4544, 40.5456)

You and each of your 20 friends are each going to go out and randomly sample 50 people in Chicago and ask them how many Batman movies they have seen and will compute the average number for your sample of size 50. (a) Do you think that all 21 of you will have the exact same average number

Answers

Answer:

No

Step-by-step explanation:

No, absolutely not. I don't think we'd have the same sample average number. The randomising of values is quite high, very high, for one to think that we'd end up having the same average. Walking out there, talking to random people who don't even know each other at all means they will definitely give different numbers. Again, when you look at it, there are 21 of us, 21 is also a high number as well.

I believe with all these factors involved and actively militating, 21 people can't have the same sample average. No!

Write 5-7 well-written sentences. REREAD FOR ERRORS AND FIX THEM!! If you could spend the perfect day, what would you do? Where would you be? Who would be with you? What do you see? Eat? Play? Use your senses to describe it? What do you see? Hear? Smell? Taste? Touch?

Answers

Answer:

If i could spend the perfect day I would go to the park and take a jog. I would also go to Mc donalds and get a vanilla flavored ice cream! I love the taste of vanilla, Next, i will watch my favorite movie on my phone. Then, i will go to the zoo with my friends and see my favorite animals! Lastly,i will go home and take a nap.

Step-by-step explanation:

okay

Problem is in picture

Answers

Answer:

< ABC+<QRS=180

m<QRS=180-140=40°

Answer:

Solution given:

<ABC+<QRS=180° {supplementary]

m<QRS=180°-140°=40° is your answer

Given a center of (3,-5) and a radius of 4, write an equation for the circle.

Answers

Answer:

(x-3)²+(y+5)²=16

Step-by-step explanation:

[tex] \large \boxed{ {(x - h)}^{2} + {(y - k)}^{2} = {r}^{2} }[/tex]

The equation above is an equation of circle with a centre at (h,k) and has radius = r

Substitute h = 3, k = -5 and r = 4 in the equation.

[tex] \large{ {(x - 3)}^{2} + {(y - ( - 5))}^{2} = {4}^{2} } \\ \large{ {(x - 3)}^{2} + {(y + 5)}^{2} = 16}[/tex]

What is the volume of this rectangular prism?
1/2cm 4 cm 3/2cm

Answers

Answer:

21cm3

Step-by-step explanation:

Justin buys ice cream and apples at the store.
He pays a total of $25.24.
He pays a total of $5.14 for the ice cream.
He buys 5 bags of apples that each cost the same amount.

Write and solve an equation which can be used to determine xx, how much each bag of apples costs.

Answers

Answer:

$4.02

Step-by-step explanation:

Subtract $5.14 from $25.24.

$25.24-$5.14=20.10

Divide 5 and $20.10

20.10/5= 4.02

so each bag of apples costs $4.02

What number is equal to its opposite? Please enter your answer as a number.

Answers

Answer:

there is no opposite number but no means opposite

Step-by-step explanation:

pleas help. 10 pointssss

Answers

Answer:

6

Step-by-step explanation:

what is the answer to these questions?

Answers

a=3
b=28
c=3.5
d=8.75
e=75

someone please help me! show work if you can please!

Answers

Answer:

a. [tex]12\sqrt{3}[/tex]

b. [tex]144\sqrt{3}[/tex]

c. [tex]24+24\sqrt{3}[/tex]

Step-by-step explanation:

This rectangle is made up of two 30-60-90 right triangles, which have special properties that are worth memorizing for the future. Please see the attached picture.

Using this information, we can deduce that the top and bottom sides are equal to [tex]12\sqrt{3}[/tex].

From the properties of a rectangle we know that the right side is 12.

The diagonal is equal to [tex]12*2=24[/tex].

We can find the area by doing [tex]{12*12\sqrt{3}=144\sqrt{3}[/tex],

And the perimeter is equal to [tex]12+12+12\sqrt{3}+12\sqrt{3} =24+24\sqrt{3}[/tex]

Pls help thank you :)

The dot plot represents the number of apples picked by a family. Explain how the outlier of the data affects the statistical summary of the data.

Select the answers from the drop-down menus to complete the statements.

The mean apples picked
increases or decreases or does not change?
because of the outlier.

The median apples picked
increases or decreases or does not change?
because of the outlier.

The range
increases or decreases or does not change?
because of the outlier.

Answers

Answer:

Decreases, decreases, increases

Just took the test

Step-by-step explanation:

PLEASE HELP ASAP!!! URGENT

Verify the identity. Sinx/1-cosx = cscx+cotx

Please use the answers shown in the image !! Thank you !!

Answers

Answer:

1) [tex]\frac{\sin x}{1-\cos x} = \csc x + \cot x[/tex]

2) [tex]\frac{\sin x}{1-\cos x} = \frac{1}{\sin x} + \frac{\cos x}{\sin x}[/tex]

3) [tex]\frac{\sin x}{1-\cos x} = \frac{1+\cos x}{\sin x}[/tex]

4) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x \cdot (1+\cos x)}{\sin^{2}x}[/tex]

5) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x\cdot (1+\cos x)}{1-\cos^{2}x}[/tex]

6) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x\cdot (1+\cos x)}{(1+\cos x)\cdot (1-\cos x)}[/tex]

7) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x}{1-\cos x}[/tex]

Step-by-step explanation:

Now we proceed to show all steps needed to demonstrate the trigonometric identity:

1) [tex]\frac{\sin x}{1-\cos x} = \csc x + \cot x[/tex] Given.

2) [tex]\frac{\sin x}{1-\cos x} = \frac{1}{\sin x} + \frac{\cos x}{\sin x}[/tex] Identities for cosecant and cotangent functions.

3) [tex]\frac{\sin x}{1-\cos x} = \frac{1+\cos x}{\sin x}[/tex]             [tex]\frac{a}{b}+\frac{c}{b} = \frac{a+c}{b}[/tex]

4) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x \cdot (1+\cos x)}{\sin^{2}x}[/tex] Existence of additive inverse/Modulative property.

5) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x\cdot (1+\cos x)}{1-\cos^{2}x}[/tex]    Fundamental trigonometric identity.

6) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x\cdot (1+\cos x)}{(1+\cos x)\cdot (1-\cos x)}[/tex]   Factorization.

7) [tex]\frac{\sin x}{1-\cos x} = \frac{\sin x}{1-\cos x}[/tex] Existence of additive inverse/Modulative property/Result.

Mrs. Shaw writes this equation on the board. She asks the students to find
the solution.
-40 -2(3m + 1/2)= 7m -2
Keith’s work is shown below. What mistake did Keith make?
-40 - 6m + 1 = 7m - 2
-39 - 6m = 7m -2
-39 = 13m - 2
-37 = 13m
-2 11/13 = m

Answers

When he did distributive property, he forgot to carry out the negative
Suppose to be:
-40 - 6m - 1 = 7m - 2

Is the following number rational, irrational, or nonreal.​

Answers

Answer:

rational i just know it hope it helps you

Answer:

Rational

∛-8

=-2

plz mark me as brainliest.

What is the answer please help no links please help

Answers

The correct answer would be 380

The length of a rectangle is 4 inches longer than its width. The area of the rectangle is 32 inches square. What is the width ? The width is ___ inches

Answers

Answer:

I hope this helps dear

Step-by-step explanation:

P = 2(L + W) = 32 in

L = W + 4

2[(W + 4) + W] = 32 in ⇒

W = 6 in

L = W + 4 = (6 + 4) in = 10 in

A = LW = (10)(6) in2 = 60 in2

10111011/111 binary division

Answers

Answer:

91090.1891892

Step-by-step explanation:

rounded it would be 91090

Find the product of (x + 3)(x − 3).

x2 − 6x + 9
x2 + 6x + 9
x2 + 9
x2 − 9

Answers

(x+3)(x-3)=
x^2-3x+3x-9=
x^2-9

Step-by-step explanation:

[tex](x + 3)(x - 3) \\ = {x}^{2} - 3x + 3x - 9 \\ = {x}^{2} - 9[/tex]

#CMIIW

Because the dividend is the same for all three expressions the larger the Divisor the__the quotient
Worth 100 points false info or just to take the points you will be reported

Answers

I really need these points thx a lot skim it would be 100 divisor because the quotient

What is the volume of the figure?

Answers

Answer:

47.12

Step-by-step explanation:

same as the last question

Factor the expression -8x 2+ 22x - 15

Answers

3(2x-5) is the answer

Last year, Manual opened an investment account with $5400. At the end of the year, the amount in the account had increased by 28.5%. How much is this increase in dollars? How much money was in his account at the end of last year?​

Answers

See below hope it helps

Answer:

Increase in dollars = $1,539

Balance in the account at the end of the year = $6,939

Step by step explanation:

5400*.285=$1539

So increase in dollars is $1,539


That is the money growth. Now add to initial balance to find the account total after the end of the year

5400+1539=$6,939

Money in the account at the end of the year $6,939

the shorter leg of a right triangle is 8 inches shorter ybsn the longer leg. the hypotenuse is 8 inches longer thsn the longer leg​

Answers

Answer:

Short leg = 24inches

Long leg = 32inches

Hypotenuse = 40inches

Step-by-step explanation:

Given:

shorter leg is 8inches shorter than the longer leghypotenuse is 8inches longer than the longer leglonger leg = x inches

Pythagorean Theorem:

a²+b²=c² → (x-8)²+ x² = (x+8)²

Solving for both sides:

x² - 16x+ 64 + x² = x²+ 16x + 64

More Painful Solving:

x² - 32x = 0

x(x-32) = 0

 

x=0 or 32

Can't use the 0 so we trash it!

x=32

add 8 to get the hypotenuse and subtract 8 to get the short leg

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