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2 years ago

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Joseph invested $16,000 in an account paying an interest rate of 5.7% compounded continuously. Assuming no deposits or withdrawa

ls are made, how much money, to the nearest cent, would be in the account after 14 years

1 answer:

Whitepunk [10]2 years ago

8 0

Answer:

$35,537.51

Step-by-step explanation:

You might be interested in

What is the volume of the composite figure?

m_a_m_a [10]

We are asked to solve for the volume of the composite figures and the answer is the summation of the two volumes such as the volume of a triangular prism and volume of a rectangular prism. In order to solve this, we need to recall the following formulas:
the volume of triangular prism = 1/2* b*h*l and solving the volume, we have it:
the volume of triangular prism = 1/2 * 15* 16*20 = 3600 units³
the volume of rectangular prism = l*w*h and solving the volume, we have it:
the volume of rectangular prism = 20*15*12 = 2400 units³

The total volume of the composite figure is the summation of the two volumes such as:
total volume = 3600 + 2400
total volume = 6000 units²

The answer is 6,000 units².

5 0

2 years ago

Read 2 more answers

In general, the probability that it rains on Saturday is 25%. If it rains on Saturday, the probability that it rains on Sunday i

lora16 [44]

Answer:

40%

Step-by-step explanation:

From the given statements:

The probability that it rains on Saturday is 25%.

P(Sunday)=25%=0.25

Given that it rains on Saturday, the probability that it rains on Sunday is 50%.

P(Sunday|Saturday)=50%=0.5

Given that it does not rain on Saturday, the probability that it rains on Sunday is 25%.

P(Sunday|No Rain on Saturday)=25%=0.25

We are to determine the probability that it rained on Saturday given that it rained on Sunday, P(Saturday|Sunday).

P(No rain on Saturday)=1-P(Saturday)=1-0.25=0.75

Using Bayes Theorem for conditional probability:

P(Saturday|Sunday)= $\frac{P(Sunday|Saturday)P(Saturday)}{P(Sunday|Saturday)P(Saturday)+P(Sunday|No Rain on Saturday)P(No Rain on Saturday)}$

= $\frac{0.5*0.25}{0.5*0.25+0.25*0.75}$

=0.4

There is a 40% probability that it rained on Saturday given that it rains on Sunday.

5 0

2 years ago

nicholas started a canned food drive at school. the equation representing this is y=235=15, where x is the number of days, and y

qwelly [4]

Answer:

195 cans will be left after 10 days

Sample Answer: I am given a number of cans, which is y, and I need to find the number of days, which is x. To do this, I would substitute 2600 for y, to get 2600 = 235x + 15. Solving for x, I would get x = 11. Thus, it would take 11 days to collect 2600 cans.

Step-by-step explanation:

i did the edge thing

6 0

2 years ago

Read 2 more answers

Match the following items.

Pani-rosa [81]

This problem can be solved using probability, the equation of the probability of an event A is P(A)= favorable outcomes/possible outcomes. The interception of two probable events is P(A∩B)= P(A)P(B).

There are 12 black marbels, 10 red marbles, and 18 white marbels, all the same size. If two marbles are drawn from the jar without being replaced.

The total of the marbles is 40.

If two marbles are drawn from the jar without being replaced, what would the probability be:

1. of drawing two black marbles?

The probability of drawing one black marble is (12/40). Then, the probability of drawing another black marble after that is (11/39) due we drawing one marble before.

P(Black∩Black) = (12/40)(11/39) = 132/1560, simplifying the fraction:

P(Black∩Black) = 11/130

2. of drawing a white, then a black marble?

The probability of drawing one white marble is (18/40). Then, the probability of drawing then a black marble after that is (12/39) due we drawed one marble before.

P(White∩Black) = (18/40)(12/39) = 216/1560, simplifying the fraction:

P(White∩Black) = 9/65

3. of drawing two white marbles?

The probability of drawing one white marble is (18/40). Then, the probability of drawing another white marble after that is (17/39) due we drawed one marble before.

P(White∩White) = (18/40)(17/39) = 306/1560, simplifying the fraction:

P(White∩White) = 51/260

4. of drawing a black marble, then a red marble?

The probability of drawing one black marble is (12/40). Then, the probability of drawing then a red marble after that is (10/39) due we drawed one marble before.

P(Black∩Red) = (12/40)(10/39) = 120/1560, simplifying the fraction:

P(Black∩Red) = 1/13

4 0

2 years ago

Use Polya's four-step problem-solving strategy and the problem-solving procedures presented in this lesson to solve the followin

svp [43]

Answer:

a) 1+2+3+4+...+396+397+398+399=79800

b) 1+2+3+4+...+546+547+548+549=150975

c) 2+4+6+8+...+72+74+76+78=1560

Step-by-step explanation:

We know that a summation formula for the first n natural numbers:

1+2+3+...+(n-2)+(n-1)+n=\frac{n(n+1)}{2}

We use the formula, we get

a) 1+2+3+4+...+396+397+398+399=\frac{399·(399+1)}{2}=\frac{399· 400}{2}=399· 200=79800

b) 1+2+3+4+...+546+547+548+549=\frac{549·(549+1)}{2}=\frac{549· 550}{2}=549· 275=150975

c)2+4+6+8+...+72+74+76+78=S / ( :2)

1+2+3+4+...+36+37+38+39=S/2

\frac{39·(39+1)}{2}=S/2

\frac{39·40}{2}=S/2

39·40=S

1560=S

Therefore, we get

2+4+6+8+...+72+74+76+78=1560

5 0

2 years ago