Eva invests $6700 in a new savings account which earns 5.8% annual interest, compounded daily. what will be the value of her investment after 3 years? round to the nearest cent.

Answers

Answer 1

Answer:

$7973.26

Step-by-step explanation:

PV = $6700

i = 5.8% ÷ 365

n = 3 years · 365

Compound formula

FV = PV (1 + i)^n

FV = 6700 (1 + 5.8% ÷ 365)^(3 · 365)

FV = $7973.26 (rounded to the nearest cent)

Answer 2

Answer:

The value of Eva's investment after 3 years will be approximately $8,108.46. Rounded to the nearest cent, this is $8,108.45.

Step-by-step explanation:

We can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where:

A = the final amountP = the principal (starting amount)r = the annual interest rate (as a decimal)n = the number of times the interest is compounded per yeart = the time (in years)

In this case, we have:

P = $6700r = 0.058 (since the interest rate is 5.8%)n = 365 (since the interest is compounded daily)t = 3

Plugging these values into the formula, we get:

A = 6700(1 + 0.058/365)^(365*3)A ≈ $8,108.46

Therefore, the value of Eva's investment after 3 years will be approximately $8,108.46. Rounded to the nearest cent, this is $8,108.45.


Related Questions

Consider the rational function f(x)=(x−6)/(x^2+2x+14) .What monomial expression best estimates the behavior of x−6x-6 as x→±[infinity]x→±[infinity]?What monomial expression best estimates the behavior of x2+2x+14x2+2x+14 as x→±[infinity]x→±[infinity]?Using your results from parts (a) and (b), write a ratio of monomial expressions that best estimates the behavior of x−6x2+2x+14x-6x2+2x+14 as x→±[infinity]x→±[infinity]. Simplify your answer as much as possible.

Answers

The monomial expressions which best estimates the behavior of the function f(x) = (x - 6)/(\(x^2\) + 2x + 14) are '1/x' and '1' and the required ratio is 1/x.

The behavior of a rational function as x approaches positive or negative infinity can be estimated by analyzing the highest power terms in the numerator and denominator.

For the function f(x) = (x - 6)/(\(x^2\) + 2x + 14), as x approaches infinity, the dominant term in the numerator is x, and in the denominator, the dominant term is \(x^2\).

Therefore, the behavior of the function can be estimated by the monomial expression \(x\)/\(x^2\), which simplifies to 1/x.

For the denominator \(x^2\) + 2x + 14, as x approaches infinity, the dominant term is \(x^2\).

Therefore, the behavior of the denominator can be estimated by the monomial expression \(x^2/x^2\), which simplifies to 1.

Using the results from parts (a) and (b), the ratio of the monomial expressions that best estimates the behavior of (x - 6)/(\(x^2\) + 2x + 14) as x approaches infinity is (1/x)/(1), which simplifies to 1/x.

In summary, as x approaches infinity, the function f(x) = (x - 6)/(\(x^2\) + 2x + 14) behaves like 1/x, and the ratio of the dominant monomial terms in the numerator and denominator is 1/x.

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if the tangent line to y = f(x) at (4, 3) passes through the point (0, 2), find f(4) and f '(4).

Answers

f(4) = 3 and f '(4) = 1/4, Given that the tangent line to y = f(x) at (4, 3) passes through the point (0, 2), we can find f(4) and f '(4) using the slope-point formula.



Since the tangent line passes through (4, 3) and (0, 2), we can calculate the slope (m) as:
m = (y2 - y1) / (x2 - x1)
m = (3 - 2) / (4 - 0)
m = 1 / 4


Now, we know that the slope of the tangent line at (4, 3) is equal to the derivative f '(4). Therefore: f '(4) = 1/4
Since the tangent line touches the curve at (4, 3), we have:
f(4) = 3.

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What is the volume of the box?

What is the volume of the box?

Answers

Answer: 18ft^3

What I did:

Multiply the length, (6) width, (3) and the height (4) together. This gives you 72. Now you just multiply 72 by 1/4 or .25. Then you get your answer.

The value of 8y 2 –5y +1 when y= 1 is …………​

Answers

Answer:

4

Step-by-step explanation:

8(1)^2 -5(1) +1

8(1) -5(1) +1

8 -5 +1

4

Please help and please no links

Please help and please no links

Answers

120.

Trust me.  It is correct using a formula.

Picture is there only answer number 7.

Picture is there only answer number 7.

Answers

#7 Answers are

Surface area = ft^2
Volume = cm^3
Perimeter = in.

Explanation

Area is L x W so it is squared or
power of ^2

Volume is L x W x H so it is cubic or
power of ^3

Perimeter is 2L + 2W so it is inches,
no exponent

can you find values of x and y

can you find values of x and y

Answers

Answer:

For the second figure

X=10

Y=30

Step-by-step explanation:

3x=(5x-20).... Alternative interior angles

3x=5x-20

20=5x-3x

20=2x

x=10

2y+4y= 180

6y=180

Y=30

Help ASAP if you want brainliest

Help ASAP if you want brainliest

Answers

Answer:

Its C

Step-by-step explanation:

Answer:

c.27/31 fluid ounce...

If the circumference of a circle measures \large 12\pi cm, what is the area of the circle in terms of \large \pi?

Answers

Answer:

Area= pi r^2

= 6^2 pi

= 36pi cm square.

Step-by-step explanation:

Answer: 36*pi cm

Step-by-step explanation:

Since the formula for the circumference is C=2*pi*r

12pi=2*pi*r we can divide and get r=6 cm

Then, we can use the formula for the area of a circle: Area=pi*r^2 and get Area=pi*6^2=36*pi cm.

make me brain list

Write 0.307 as a percentage

Answers

Answer: 30.7%

Step-by-step explanation:

Multiply by 100

So in this case, 0.307 is 30.7% of 1 (whole).

30.7% is the right representation of 0.307 in percentage.

To convert a decimal to a percentage, you move the decimal point two places to the right and add the percentage symbol (%).

In this case, to express 0.307 as a percentage, you move the decimal point two places to the right:

0.307 * 100 = 30.7%

So, 0.307 is equivalent to 30.7%.

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Blaine's take-home pay is $2,500 each month, and he has created a monthly budget to become more aware of where his money goes. His budget is shown below. Blaine finds that he can join a cheaper gym for $40/month, reduce his spending money to $200, and find a phone and internet package for $175. How much will these choices save him each month?

Answers

Answer:

Amount Blaine save = $250

Step-by-step explanation:

Total take home pay = $2,500

Original budget:

Rent + electricity bills = $990

Food/groceries = $525

Gas + insurance = $320

Spending money = $235

Cellphone + Internet = $250

Gym membership = $180

Total = $2,500

New budget:

Rent + electricity bills = $990

Food/groceries = $525

Gas + insurance = $320

Spending money = $200

Cellphone + Internet = $175

Gym membership = $40

Total = $2,250

How much will these choices save him each month?

Amount Blaine save = Total take home - new budget

= $2,500 - $2,250

= $250

Amount Blaine save = $250

Blaine's take-home pay is $2,500 each month, and he has created a monthly budget to become more aware


Find the equation of the perpendicular bisector of a line segment whose end points are (-3,9) and (-1,5)

Answers

First find the equation of y.

\(y=mx+n=\frac{\Delta y}{\Delta x}x+n\)

Find the slope m.

\(m=\frac{5-9}{-1-3}=\frac{-4}{-4}=1\).

Pick one point, I'll pick (-3, 9). Insert coordinates in equation then compute n.

\(9=1(-3)+n\implies n=12\).

The equation of a line y is:

\(y=x+12\).

The perpendicular line \(y_{\perp}\) is same like the normal line except its slope m becomes:

\(k=-\frac{1}{m}=-1\).

The equation of a perpendicular bisector is thus:

\(y_{\perp}=-x+12\).

Hope this helps.

Answer:

\(y = \frac{1}{2} x + 3\)

Step-by-step explanation:

Using the given points, first find the slope:

m = (₂ - y₁) / (x₂ - x₁)

   = (5 - 9) / (-1 - (-3))

   = -4 / 2

    = -2

Find y-intercept by using anyone of the give points and slope from above:

y = mx + b

5 = -2(-1) + b

5 = 2 + b

b = 3

With the m and b, you can make equation of line:

y = mx + b

y = -2x + 3

To find the perpendicular slope, make it opposite and inverse it.

m = -2 becomes 1/2

Regular equation of line:

y = -2x + 3

Perpendicular equation of line:

\(y = \frac{1}{2} x + 3\)

What is the difference between |–3| and –3?

Answers

Answer:

The lines beside the -3 on the left invert the negative/positive.

Step-by-step explanation:

See answer

how do you solve 6/7+(-5/6)=

Answers

Answer:

1/42

Step-by-step explanation:

Adding a negative is the same as subtracting a positive.

6/7 + (-5/6) =

= 6/7 - 5/6

Now you need a common denominator. The LCD of 6 and 7 is 42.

= 36/42 - 35/42

= 1/42

If Tara spends $219 a month for her car payment and she makes $3,200 a month, what percent of her monthly income is spent on her car payment? A. 8. 6% B. 680% C. 6. 8% D. . 68%

Answers

Answer:

Step-by-step explanation:

To find the percentage of Tara's monthly income spent on her car payment, we need to divide her car payment by her monthly income and then multiply by 100 to get the percentage:

$219 / $3,200 = 0.0684375

0.0684375 * 100 = 6.84375

So, Tara spends approximately 6.8% of her monthly income on her car payment.

The closest answer choice is C. 6.8%.

Answer:

C

Step-by-step explanation:

I got just did it and got it right

what is the number when 10 is subtracted from the sum of 20 and product of 2 and 10 divided by 4​

Answers

Answer:

15

Step-by-step explanation:

((10x2)/4)+20-10

The number when 10 is subtracted from the sum of 20 and the product of 2 and 10 is divided by 4​ will be 15.

What is the arithmetic operator?

Arithmetic operators are four basic mathematical operations in which summation, subtraction, division, and multiplication involve.,

Summation = addition of two or more numbers or variable

For example = 2 + 8 + 9

Subtraction = Minus of any two or more numbers with each other called subtraction.

For example = 4 - 8

Division = divide any two numbers or variable called division.

For example 4/8

Multiplication = to multiply any two or more numbers or variables called multiplication.

For example 5 × 7.

Given,

the sum of 20 and product of 2 and 10 divided by 4​

⇒ 20 + 2×10/4

Now 10 is substracted from it

⇒ 20 + 2×10/4 - 10

⇒ 10 + 10/2

⇒ 10 + 5

15

Hence "The number when 10 is subtracted from the sum of 20 and the product of 2 and 10 is divided by 4​ will be 15".

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i need help with this

i need help with this

Answers

Answer:

112

Step-by-step explanation:

To find the area, you must multiply the width and the length. 14 times 8 is 112.

write a linear function f with the values f ( - 2 ) = 3 and f ( 5 ) = 7

Answers

You write f (-2) = 3 as (-2, 3) and f (5) = 7 as (5, 7).

The answer for the graph is \(\mathbf{\frac{4}{3}}\textbf{\textit{x}}\mathbf{+\frac{1}{3}}\).

Please help on this

Please help on this

Answers

Answer:

5.025m

Step-by-step explanation:

The clothesline also creates an upside-down triangle with two sides being 5m, 0.5m, and the hypotenuse being the clothesline.

We can use the pythagorean theorem to find the length of the clothesline.

5 squared +.5 squared= the length of the clothesline squared

25+.25= the square root of 25.25

= 5.025

Answer:

Your answer would be:
5.025m


Step-by-step explanation:

5 sq + 0.5sq = the length of the clothesline sq

25 + 0.25= the square root of 25.25

= 5.025m



Have a great rest of your day
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Please help on this
Please help on this


Above are two different models of the same rectangle. If the length of the model on the top is 6 cm, what is the length of the model on
the bottom?
A. 15 cm
В. 12cm
C. 21cm
D.36cm

Above are two different models of the same rectangle. If the length of the model on the top is 6 cm,

Answers

Answer:

D.36cm

Step-by-step explanation:

If the top rectangle have 6 cm, it means 6×16=108 ft

If the two rectangles are the same, it means that the bottom rectangle have also 108 ft, so:

108÷3= 36 cm

What is the side length of the square with an Area of 25/81 in^2?

Answers

Answer:

\(\frac{5}{9}\) in

Step-by-step explanation:

The area (A) of a square is calculated as

A = s² ( s is the side length )

Given A = \(\frac{25}{81}\) , then

s² = \(\frac{25}{81}\) ( take the square root of both sides )

s = \(\sqrt{\frac{25}{81} }\) = \(\frac{\sqrt{25} }{\sqrt{81} }\) = \(\frac{5}{9}\)

what principal will earn $67.14 interest at 6.25% for 82 days?​

Answers

Answer: attach an image

Step-by-step explanation:

To find the principal, we can use the formula for simple interest:

I = P*r*t

where I is the interest, P is the principal, r is the interest rate, and t is the time in years.

We need to convert 82 days to years by dividing it by 365 (the number of days in a year):

t = 82/365

t = 0.2247

Now we can plug in the values we know and solve for P:

67.14 = P*0.0625*0.2247

P = 67.14/(0.0625*0.2247)

P = 1900

Therefore, the principal is $1900.

PLEASE HELP. Justice Hope's to build a fence to surround his garden. He measures and determines that he needs 24ft of fencing When he arrives at the home improvement store, he realizes fencing is priced at $0.25 per inch. How much will it cost Justice to fence in his garden?​

Answers

Answer: $72
Hope this helps :)

When solving a quadratic in the form a x squared b x c = 0 we are really finding the x–intercepts. these x–intercepts are also called roots. what is another term for roots or x-intercepts? a. exponents c. zeros b. quadratics d. variables

Answers

Another term for roots or x intercept is zeroes.

In algebra, a quadratic equation is any equation that can be rearranged in standard form ax^2+bx+c, where x represents an unknown value, and a, b, and c represent known numbers, where a ≠ 0. (If a = 0 and b ≠ 0 then the equation is linear, not quadratic.)

The numbers a, b, and c are the coefficients of the equation and may be distinguished by respectively calling them, the quadratic coefficient, the linear coefficient and the constant coefficient or free term.

Roots are also called x-intercepts or zeros. A quadratic function is graphically represented by a parabola with vertex located at the origin, below the x-axis, or above the x-axis. Therefore, a quadratic function may have one, two, or zero roots.

Hence , another term for roots or x intercept is zeroes.

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Please help me fast.

Please help me fast.

Answers

Answer:

270.99

Step-by-step explanation:

1/3×3.14×8^2

=66.99

9×11

=99

15×7

=105

66.99+99+105

=270.99

im not sure if im right

Pleaseee helppp thank you

Pleaseee helppp thank you

Answers

Answer:

3,21

Step-by-step explanation:

\((4,2)^{2} = (2,7)^{2} + z^{2} \\1764 * 10^{-2} = 729 * 10^{-2} + z^{2}\\z^{2} = 1035 * 10^{-2}\\z = 3\sqrt{115} * 10^{-1}\\\)

z ≅ 3 * 10,7 * \(10^{-1}\)≅ 3,21

The Answer is (3,21)

Δ ABC and ΔDEF are similar triangles. If m∠A =104∘and m∠E = 36∘, what is ∠C?
1. 36
2. 40
3. 76
4. 104

Answers

Answer:

2

x=40

Step-by-step explanation:

A triangle has 180 degrees and considering that triangle ABC is similar to DEF that means they have the same angle (A=D,B=E,C=F)

180=104 +36+x

180=140+x

180-140=x

40=×

Which statement about the location of √ 7 on a number line is true?

Answers

The location of √ 7 on a number line between 2 and 3.

What is a number line?

A number line is a picture of a graduated straight line that serves as a visual representation of real numbers in primary mathematics. Every number line point is considered to correspond to a real number and every real number to a number line point.

A number line is a long straight line with numbers marked at equal intervals. On a number line, we can argue that as we move to the right, the value of numbers increases. This signifies that the numbers on the right are more than those on the left.

A number line shows how numbers are related. It's a line with check marks next to each number. The numerals get smaller as you move left on the number line. The numbers grow larger as you move closer to the number line.

In this case, ✓7 is 2.65. This number can be found between 2 and 3. This should be the true statement since the options aren't given.

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Half the books you own are mysteries. one third are nonfiction. the other four books are science fiction. how many of your books are mysteries?

Answers

Answer:

The number of mystery books = 12

Step-by-step explanation:

let n be the total number of the books.

→ “Half the books you own are mysteries” means (n÷2) are mysteries

→ “one third are nonfiction” means (n÷3) are non fiction

→ 4 books are sc-fiction

………………………………………

We can form this equation:

\(\frac{n}{2} +\frac{n}{3} +4=n\)

\(\Longrightarrow \left( \frac{1}{2} +\frac{1}{3} \right) n+4=n\)

\(\Longrightarrow \frac{5}{6} n+4=n\)

\(\Longrightarrow 4=n-\frac{5}{6} n\)

\(\Longrightarrow 4=\frac{1}{6} n\)

\(\Longrightarrow 4\times6= n\)

\(\Longrightarrow n=24\)

………………

Therefore

The number of mystery books = n÷2 = 24÷2 = 12

5. You are buying your first vehicle and your uncle is able to get you a 12% discount on any
vehicle bought from Krumps Kars. The car you want to buy has an original price tag of $7800.
What will be the new price of the vehicle after the discount?
Before you start, should your answer be bigger or smaller than $7800? Bigger/Smaller

Answers

It has to be smaller than $7800

I am not sure if this answer is right.

Answer:

7800-936=6864

Step-by-step explanation:

x/12 7800/100

100x=93600

936

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The student then states his (her) return objectives in terms of an absolute or relative percentage return, or in terms of a general goal, such as capital appreciation, capital preservation, current income or total return. The student also specifies the types of risks he (she) is willing to take.For example, you may set your objective to earn 10% above the market return. This would imply that your portfolio risk would be slightly above the market risk. Your portfolio beta will be slightly above 1 (the market beta).If you set your objective as capital appreciation, your investment will be mostly in high growth companies that does not pay dividends. Your portfolio will include high growth companies and small capitalization stocks and will have a higher beta than the market.If you chose capital preservation as your goal, you will invest in low risk (low beta) companies these will be mostly large and stable companiesIf you chose current income as your objective, the stocks in your portfolio will be for companies that pay high dividends.In the second step of the exercise the student studies the financial and economic conditions then determine his (her) investment strategy based on those conditions.You will examine the current economic, financial and political environment and decide on which industries are best to invest in under the current conditions. For example, if oil prices go up you will invest more in oil companies and avoid airlines and trucking companies. If interest rates are expected to go up, you would you would invest more in banks and other financial institutions. 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You may overweight (put more than 3%) some of the stock that you think will do very well and underweight (put less than 3%) in the ones that you think are not going to be as good as the high performers.The fourth step in the portfolio management process is the monitoring and updating of the investment needs and market conditions. A major component of the monitoring process is evaluation of the portfolio performance and comparing the results to the expectations listed in the policy statement.You want to make sure your choices are consistent with your goals. Do not worry about making or losing money at this time. Build your portfolio with the intention of keeping it for a long period of timeThe student will then prepare an 8 to 10 pages report Including any exhibits. 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(enter the ratio of the magnitudes of these forces The gas in a balloon has a volume of 7.5 L at 100, kPa. The balloon is released intothe atmosphere, and the gas in it expands to a volume of 11 L. Assuming a constanttemperature, what is the pressure on the balloon at the new volume? What law didyou use to solve? 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Assumeeach alternative will last indefinitely, that no tolls will be charged for the tunnelcrossings, and that the discount rate is 6 percent.