Edgar accumulated $9,000 in credit card debt. If the interest rate is 20% per year and he does not make any payments for
2 years, how much will he owe on this debt in 2 years for quarterly compounding? Round your answer to the nearest cent.

Answers

Answer 1

To calculate the total amount of interest that Edgar will owe on his credit card debt after 2 years of quarterly compounding at a 20% annual interest rate, we need to use the formula A = P(1 + r/n)^nt, where A is the total amount of money owed after t years, P is the initial principal (or amount borrowed), r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years. In this case, the initial principal is $9,000, the annual interest rate is 20%, the number of times the interest is compounded per year is 4 (since the interest is compounded quarterly), and the number of years is 2. Plugging these values into the formula, we get A = $9,000(1 + 0.20/4)^4 * 2 = $9,000(1.05)^8 = $9,000 * 1.4064 = $12,658.40. Thus, after 2 years of quarterly compounding at a 20% annual interest rate, Edgar will owe approximately $12,658.40 on his credit card debt. This result should be rounded to the nearest cent, giving us $12,658.40.


Related Questions

Fully simplify the following expressions
1. (2⁴ x 5⁵)²
2. (2²+5)²
3. 2-²+3 ÷ 2-¹

Answers

Answer:

above is the solution to the question

Fully simplify the following expressions1. (2 x 5)2. (2+5)3. 2-+3 2-

Tell whether the angles are complementary, supplementary, or neither.

Tell whether the angles are complementary, supplementary, or neither.

Answers

Answer:

Supplementary

Step-by-step explanation:

128 + 52 = 180

Brianna has a container with a volume of 1.5 L she estimates the volume to be 2.1 m what is the percent error

Answers

Answer: 40%

===================================================

Work Shown:

Subtract the values to get 2.1-1.5 = 0.6

Brianna is off by 0.6 liters

Divide that error by the true value 1.5 to get 0.6/1.5 = 0.40

Then move the decimal point 2 spots to the right to arrive at 40%

Therefore, the percent error is 40%

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

The formula you can apply is:

\(P = \frac{|G-T|}{T}*100\%\)

where

P = percent error

G = guess value (in this case it is 2.1)

T = true value (which is 1.5 in this case)

If we were to apply the formula, then we get:

\(P = \frac{|G-T|}{T}*100\%\\\\P = \frac{|2.1-1.5|}{1.5}*100\%\\\\P = \frac{|0.6|}{1.5}*100\%\\\\P = \frac{0.6}{1.5}*100\%\\\\P = 0.40*100\%\\\\P = 40\%\\\\\)

whats 8x2456 gvhyufyuglhulgyhuigiliughoylphju

Answers

19,648 is the answer

A line passes through the point (2,8) and has a slope of -5/2
Write an equation in slope intercept form for this line

Answers

Y=-5/2+13

Graphing it out is probably the easiest way to learn
Here’s the explanation:

y=Mx +b

They gave us the slope (m) and a point.

Once you plug the point and solve you will find b.

8=-5/2(2)+b
b=8+5
b=13.

y= -5/2x+13

Graphing it will kill your time...

a sample of 79 eggs yields a sample mean weight of 1.00 ounces. assuming that the population standard deviation

Answers

The margin of error for 16 eggs with sample means 2 ounce and standard deviation as 42 ounces is   18.407   .

In the question ,

it is given that ,

the number of eggs = 16

the sample means weight is = 2 ounce .

the standard deviation is = 42 ounces .

we have to find the margin of error .

degree of freedom is 16 - 1 = 15 .

and the t score for the 90% confidence interval is

t₁₅,₀.₀₅ = 1.753

So , the margin of error is =  t₁₅,₀.₀₅×(standard deviation/√n)

Substituting the values ,

we get ,

= 1.753×(42/√16)

On simplifying further ,

we get ,

= 18.407

Therefore , the margin of error is = 18.407 .

The given question is incomplete , the complete question is

A sample of 16 eggs yields a sample mean weight of 2.00 ounces and a sample standard deviation = 42.0 ounces, find the margin of error in estimating a confidence interval estimate at the 90% level of confidence. Round your answer to three decimal places. You may assume that egg weights are normally distributed .

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HELP ME PLEASEEEE I NEED HELO

HELP ME PLEASEEEE I NEED HELO

Answers

The area of the shaded reason would be 41 because without the piece that is removed the area of the WHOLE triangle would be 49. The area of the tiny piece that was taken out would be 8 . 49 - 8 (the unshaded region) = 41 as the total area

I need to make n the subject

I need to make n the subject

Answers

hope it's helpful

THANK YOU

I need to make n the subject

help me pls

Angle Relationships

help me pls Angle Relationships

Answers

As a result, the answer to the given angle problem can be found by comparing the position, measurement, and congruence of two or more angles.

Define angle.

When two lines come together at a common point, an angle is created. They are expressed as a number of degrees, denoted by the symbol °. Acute, right, obtuse, and reflex angles are the other three significant types of angles. 360 degrees make up a circle. A 720° angle indicates that the object has completed two full rotations.

Here,

You can compare angles and take into account their relationships to other angles in addition to calculating degrees or radians.

Since we are comparing the position, measurement, and congruence of two or more angles, we refer to them as having "angle relationships."

For instance, two lines or line segments that cross each other create two pairs of vertical angles.

When a transversal intersects two parallel lines, complex angle relationships, such as alternating interior angles, matching angles, and so forth, result.

As a result, the answer to the given angle problem can be found by comparing the position, measurement, and congruence of two or more angles.

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Find the area of a circle with
radius, r = 5.52m.
answer rounded to 2 DP.​

Answers

Answer:

Step-by-step explanation:

Formula = A=πr2

Putting values in the equation

A = (3.14) (5.52)^2

= 95.73

Answer:

95.73

Step-by-step explanation:

2 decimal points is what the question MEANS:

formula for finding a cirlce (and this is not from the internet)

r^2 times pi

(5.52)^2 times pi

which (5.52) squared becomes a sickly: 30.4704 in decimals

lets say you WANT to keep the decimals, then multiply 30.4704 by 3.14159265359 and absolutely get every single decimal place added in and THEN round it to 2 decimal places (once i didn't do this, i got bad grades in math class)

the answer is 95.7255847919

the decimal place of this is 95.73 not 95.72 or something,

the answer is 95.73

Please help me with this.

Please help me with this.

Answers

The sin A is equal to 12/13 and the tan (A) is equal to 12/5.

RIGHT TRIANGLE

A triangle is classified as a right triangle when it presents one of your angles equal to 90º.  The greatest side of a right triangle is called hypotenuse. And, the other two sides are called cathetus or legs.

The math tools applied for finding angles or sides in a right triangle are the trigonometric ratios or the Pythagorean Theorem.

The Pythagorean Theorem says: \(hypotenuse^2=(leg_1)^2+(leg_2)^2\). And the main trigonometric ratios are:

\(sin(\beta )= \frac{opposite\;leg}{hypotenuse} \\ \\ cos(\beta )= \frac{adjacent\;leg}{hypotenuse} \\ \\ tan(\beta )= \frac{opposite\;leg}{adjacent\;leg} \\ \\\)

The question gives cos (A)=5/13. If cos (A) is represented by the quotient between the adjacent leg and the hypotenuse, you have:

adjacent leg=5

hypotenuse=13

Therefore, you can find the opposite leg of A from Pythagorean Theorem, see below.

\(hypotenuse^2=(leg_1)^2+(leg_2)^2\\ \\ 13^2=5^2+(leg_2)^2\\ \\ 169=25+(leg_2)^2\\ \\ 144=(leg_2)^2\\ \\ leg_2=12\)

Thus, the opposite leg is equal to 12. Now, you can find sin (A) since:

\(sin(A)= \frac{opposite\;leg}{hypotenuse}=\frac{12}{13}\)

Finally, you can find the tan (A) since:

\(tan(a )= \frac{opposite\;leg}{adjacent\;leg}=\frac{12}{5}\)

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L. The Fluidfreeride Mantis electric scooter can go at a
speed of 16 miles in 20 minutes. At this rate, how many
minutes would it take it to travel 4 miles?

Answers

Answer:

It would take 5 min

Step-by-step explanation:

It would take him 5 min because he only need to travel a quarter of the distance so it's only a quarter of the time

Use the interactive to describe the conic given by the equation 3x2 – 9xy + 8y2 + x + y – 27 = 0.

Ellipse with foci in the first and third quadrants.
Ellipse with foci in the second and fourth quadrants.
Hyperbola with foci in the first and third quadrants.
Hyperbola with foci in the second and fourth quadrants.

Answers

Answer:

Ellipse with foci in the first and third quadrants

Step-by-step explanation:

edge 2021

O LINEAR EQUATIONS AND INEQUALITIES
Graphing a compound inequality o...
Graph the compound inequality on the number line.
x>-8 and x≤-3

O LINEAR EQUATIONS AND INEQUALITIESGraphing a compound inequality o...Graph the compound inequality on

Answers

The compound inequality on the number line is shown below.

We have been given a compound inequality. We are asked to graph the given inequality on number line.    

x>8 and x≤3

 

The solution for the inequality is all values of x less than or equal to 3 and greater than or equal to 8.

We will have solid dots at  x>-8 and x≤-3 .

One arrow of the number line would be from 3 to left of the number line (towards negative infinity). The other arrow will be from 8 to right side of number line towards positive infinity.

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O LINEAR EQUATIONS AND INEQUALITIESGraphing a compound inequality o...Graph the compound inequality on

stephine puts 30 cubes in a box.the cubes are 1/2 inch on each side.the box holds 2 layers with 15 cubes in each layer.what is the volume of the box

Answers

The Volume of the box is 3.75in³

Volume of a cube

The volume of the box is dependent on the volume of the cube in it.

To obtain the volume of a cube, we use the relation, V = s³

s = side of the cube

For each cube

Volume = 0.5³ = 0.125 in³

Number of cubes in box = 30

Volume of the box

Volume of each cube × Number of cubes

0.125 × 30 = 3.75 in³

Hence, the volume of the box is 3.75in³

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the equation a=0.003x^2+21.3 models the average ages of women when they first married since the year 1940. In this equation, a represents the average age and x represents the years since 1940. Estimate the year in which the average age of brides was the youngest

Answers

Answer:

Please help me important question in image

Step-by-step explanation:Please help me important question in image

Please help me important quePlease help me important question in image

stion in image

Please help me important question in image

Please help me important question in image

Answer:

The equation a=0.003x^2+21.3 models the average ages of women when they first married since the year 1940 in the United States. In this equation, a represents the average age and x represents the years since 1940. To estimate the year in which the average age of brides was the youngest, we need to find the minimum value of the quadratic function a=0.003x^2+21.3. This can be done by using the formula x=-b/2a, where b is the coefficient of x and a is the coefficient of x^2. In this case, b=0 and a=0.003, so x=-0/(2*0.003)=0. This means that the average age of brides was the lowest when x=0, which corresponds to the year 1940. The value of a when x=0 is a=0.003*0^2+21.3=21.3, so the average age of brides in 1940 was 21.3 years old. This is consistent with the historical data, which shows that the median age of women at their first wedding in 1940 was 21.5 years old. The average age of brides has been increasing since then, reaching 28.6 years old in 2021.

MARK AS BRAINLIEST!!!

12y = 24х
6x = 3y +5

Answers

Answer:

24x-12y=0

6x-3y-5=0

a1/b1  = 4

a2/b2 =4

a1/b1 = b1/b2 ≠ c1/c2

∴ The pair of linear equations in two variables is said to be inconsistent and do not have any solution.

Answer:
The equation has no solutions

Explanation:
0 does not equal 20

Please see the picture attached.
12y = 246x = 3y +5

The length of ribbons found at a seamstress are listed.

3, 11, 11, 13, 13, 21

What is the appropriate measure of variability for the data shown, and what is its value?

The mean is the best measure of variability and equals 11.
The median is the best measure of variability and equals 11.5.
The range is the best measure of variability and equals 18.
The IQR is the best measure of variability and equals 2.

Answers

The appropriate measure of variability for the given data is the range, which is the difference between the maximum and minimum values in the dataset. In this case, the range is calculated as 21 - 3 = 18. The range provides a straightforward and intuitive measure of how spread out the data is. The other options (mean, median, and IQR) are measures of central tendency or spread and may not capture the full range of variability in this dataset. Therefore, the correct answer is C. The range is the best measure of variability, and its value is 18.

At the craft store, Rudy bought a bag of green and red marbles. The bag contained 60 marbles, and 60% of them green. How many green marbles did Rudy receive?​

Answers

Answer:

36 green marbles

Step-by-step explanation:

If 60% of the 60 marbles in the bag are green, then the number of green marbles can be calculated as:

Green marbles = 60% x 60 marbles

To simplify this calculation, we can convert 60% to a decimal by dividing by 100:

Green marbles = 0.60 x 60 marbles

Green marbles = 36 marbles

Therefore, Rudy received 36 green marbles.

Answer: 36

Step-by-step explanation:

60 is 6/10 of 100 so if you are taking a percent of 60 just multiply the percentage by 6/10. 6/10 of 60 is 36

Let Q be an orthogonal matrix with an eigenvalue λ1=1. Let x be an eighenvector beloinging to λ1. Show that x is also an eigenvector of QT

Answers

If Q is an orthogonal matrix with an eigenvalue λ1 = 1, then x, the eigenvector corresponding to λ1, is also an eigenvector of QT with an eigenvalue λ2 = λ1 * (QT * x).

To show that x is also an eigenvector of QT, we need to demonstrate that QT * x is a scalar multiple of x.

Given that Q is an orthogonal matrix, we know that QT * Q = I, where I is the identity matrix. This implies that Q * QT = I as well.

Let's denote x as the eigenvector corresponding to the eigenvalue λ1 This means that Q * x = λ1 * x.

Now, let's consider QT * x. We can multiply both sides of the equation Q * x = λ1 * x by QT:

QT * (Q * x) = QT * (λ1 * x)

Applying the associative property of matrix multiplication, we have:

(QT * Q) * x = λ1 * (QT * x)

Using the fact that Q * QT = I, we can simplify further:

I * x = λ1 * (QT * x)

Since I * x equals x, we have:

x = λ1 * (QT * x)

Now, notice that λ1 * (QT * x) is a scalar multiple of x, where the scalar is λ1. Therefore, we can rewrite the equation as:

x = λ2 * x

where λ2 = λ1 * (QT * x).

This shows that x is indeed an eigenvector of QT, with the eigenvalue λ2 = λ1 * (QT * x).

In conclusion, if Q is an orthogonal matrix with an eigenvalue λ1 = 1, then x, the eigenvector corresponding to λ1, is also an eigenvector of QT with an eigenvalue λ2 = λ1 * (QT * x).

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Determine the end behavior of the graph of the polynomial function. y=-10x^6+11x^5-4Choose one of the correct end behavior below.

Determine the end behavior of the graph of the polynomial function. y=-10x^6+11x^5-4Choose one of the

Answers

Explanation:

The question wants us to find the end behavior of the polynomial function

\(y=-10x^6+11x^5-4\)

To determine the answer, let us first define what end behavior means

\(\mathrm{The\:end\:behavior\:of\:a\:function}\:f\left(x\right)\:\mathrm{describes\:the\:behavior\:of\:the\:function\:as}\:x\:\mathrm{approaches}\:+\infty \mathrm{\:and\:as}\:x\:\mathrm{approaches}\:-\infty \)

We will need the graph to also help give a pictorial view

What is the equation for f(x)?

Answers

The solution is:

The inverse of the given equation is ±sqrt(x+1).

Here, we have,

given equation is :

y = x^2 -1

now, we have to find the inverse of the given equation

so, we have,

Exchange x and y, we get,

x = y^2 -1

Solve for y, we get,

Add 1 for each side

we get,

x+1 = y^2-1+1

x+1 = y^2

Take the square root of each side

we get,

±sqrt(x+1) = sqrt(y^2)

±sqrt(x+1) = y

The inverse is ±sqrt(x+1)

Hence, The solution is:

The inverse of the given equation is ±sqrt(x+1).

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complete question:

If f(x) = x^2 -1, what is the equation for f–1(x)?

PLS HELP ITS DUE TODAY AND I WILL GIVE BRAINLY-EST
What is standard form of the following equation?
y= -2/5x + 4
Use integers for A, B, and C. Enter your answer in the box.

____________ x +________________ y =_________________

PLS HELP ITS DUE TODAY AND I WILL GIVE BRAINLY-ESTWhat is standard form of the following equation?y=

Answers

Answer:

2x + 5y = 20

Step-by-step explanation:

\(y = - \frac{2}{5} x + 4\)

\( - 5y = 2x - 20\)

\( - 2x - 5y = - 20\)

\(2x + 5y = 20\)

Math help! Is this correct? If not what’s the real answer

Math help! Is this correct? If not whats the real answer

Answers

Answer:

It's correct

Step-by-step explanation:

Good job! arcsin(0.9659) is indeed 75 degrees

Now, let’s rewrite our point-slope equation in slope-intercept form.

y−6=−2(x+2)

y−6=

x−4

y=−2x+2

Is this the same equation we got when we wrote it in slope-intercept form earlier? YES!

Any equation written in point-slope form can be rewritten in slope-intercept form and most of the time, we will rewrite them. Slope-intercept form is the most popular and used form of linear functions/equations. In Slope-intercept form, all like terms have been combined, therefore it is in simplified form. Remember that we always want the most simplified answer possible, unless otherwise directed!

Answers

The equation in slope-intercept form is,

y = - 2x + 2

We have to given that;

The point-slope equation is,

y - 6 = - 2 (x + 2)

Now, We can rewrite the equation in slope-intercept form as;

y - 6 = - 2 (x + 2)

y - 6 = - 2x - 4

y = - 2x - 4 + 6

y = - 2x + 2

Thus, the equation in slope-intercept form is,

y = - 2x + 2

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Whoever answers correctly gets brainlist

Whoever answers correctly gets brainlist

Answers

Answer:

So now D would be at (-4 , 2)

Step-by-step explanation:

From D, you can calculate every other letter’s location. Yeah.

Answer:

Please mark me as brainliest!

Step-by-step explanation:

The coordinates:

D: ( 2,6 )

A: ( 2, 1 )

B: ( 5, 1 )

C: ( 5, 6 )

You want to translate this down 4 units and left 6 units.

So what you would do is this:

Formula = ( x - 6 , y - 4 )

D: ( -4, 2 )

A: ( -4, -3 )

B: ( -1, -3 )

C: ( -1, 2 )

What is the 30th term of the arithmetic series 3, 7, 11, ...?
118
119
120
121

Answers

The answer it’s B: 119

Answer:

119

Step-by-step explanation:

common different: 7-3=4

initial value =3

so x-3=(n-1)d

only 119-3=116 is divisible by 4

It's the ans cuz n-1 has to be integer

Find the slope, x and y intercepts and sketch the graph for the linear equation.
y = 2x + 1

Answers

Answer:

In bold below.

Step-by-step explanation:

The slope = coefficient of x = 2.

The y-intercept is when x = 0 and x-intercept is when y = 0.

y = 2(0) + 1 = 1  so the y -intercept is (0, 1).

2x + 1 = 0

x = -0.5 so the x-intercept is (-0.5, 0)

a committee of six is chosen from 12 men and 8 women. determine the number of ways of selecting the committee if​

Answers

Answer: there is different types of selecting committe but most of the tuime is men before women

Step-by-step explanation:

What is the slope of the line that passes through the points (3, 4)(3,4) and (0, -2) ?(0,−2)? Write your answer in simplest form.

Answers

9514 1404 393

Answer:

  2

Step-by-step explanation:

The slope formula is useful for the purpose.

  m = (y2 -y1)/(x2 -x1)

  m = (-2 -4)/(0 -3) = -6/-3

  m = 2

The slope of the line is 2.

What is the slope of the line that passes through the points (3, 4)(3,4) and (0, -2) ?(0,2)? Write your
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