​$ 6000 invested at an APR of 3.1​% for 23 years

Answers

Answer 1

Answer:

The future value of an investment of US$ 6,000 after 23 years at 3.1% APR is US$ 12,108.

Step-by-step explanation:

Investment principal = US$ 6,000

Interest rate = 3.1% compounded annually = 0.031

Time = 23 years

For calculating the future value, we will use the following formula:

Future Value = Investment principal * (1 + r)ⁿ

Replacing with the real values, we have:

FV = 6,000 * (1 + 0.031)²³

FV = 6,000 *  (1 + 0.031)²³

FV = 6,000 * 2.018 (Rounding to three decimal places)

FV = US$ 12,108

The future value of an investment of US$ 6,000 after 23 years at 3.1% APR is US$ 12,108.


Related Questions

A box of markers weighed 4 2/5 ounces. If a teacher took out 5/8 of the markers, what is the weight of the markers she took out? *

Answers

Multiply the weight by the amount they took out:

4 2/5 x 5/8

Rewrite as 22/5 x 5/8

(22 x 5) / (5 x 8)

Simplify:

110/40

Rewrite as a proper fraction:

2 3/4 ounces.

How do I solve systems of equations algebraically

Answers

Answer:

You solve equations algebraically by using equations to answer and having variables rather than the arithmetic way (doing the work).

Ex: instead of 20÷5=4 (arithmetic), you do

20=5x

7. You go out to dinner and the bill is $40 and you want to leave the server a 15% tip. How much of a tip are you going leave?

Answers

$6
You take 15/100 so 0.15 and multiply it by 40

The tip i will leave is of 6 dollars.

What is percentage ?

Percentage is the value per hundredth. Suppose we have 500 dollars and we need find 50% of it.We know 50% of 500 dollars is half of it which is 250 dollars.

To find 50% of 500 dollars we put the the given percentage on numerator and divide by hundred and multiply it by the given amount.

∴ (50/100)×500

= 250 dollars.

According to the given question

You go out to dinner and the bill is $40 and you want to leave the server a 15% tip.

We have to find what is 15% of 40 dollars which is

= (15/100)×40 dollars.

= 6 dollars.

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Find the Quotient.
5,483 ÷ 4​

Answers

Answer:

1370.75

Step-by-step explanation:

I believe it is 1370.75

A rectangle has a width of 8 and a perimeter of 40 what is the length of the rectangle?

Answers

well your equation would be 40 = 2x + 16 so subtract 16 from both sides and that’s 24=2x then divide both sides by two so the length of the rectangle is 12.

PLZ HURRY! Which mapping diagram represents a function from x → y?

Answers

Final answer:

A function from x to y represents a situation where each x value is linked to a unique y value. This can be represented in a mapping diagram, such as with the points (1,5), (2,10), (3,7), and (4,14). Such a diagram showcases the fact that different x values trigger different y values, demonstrating the dependence of y on x.

Explanation:

A function from x to y implies that when the value of x changes, it directly influences the value of y. One way to represent this is through a mapping diagram.

A mapping diagram that represents a function can be visualised as each value of x corresponding to a unique value of y. For example, refer to the following points: (1,5), (2,10), (3,7), and (4,14). Here, every x value is paired with a unique y value. When these points are plotted, there's no x value that corresponds to more than one y value, demonstrating the dependence of y on x.

Therefore, a function from x to y is represented by a mapping diagram where different x values are linked to unique y values, showing the dependency of y values on the x values.

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block 7 math test question 2

Answers

Answer:

The increasing quickly part is B.

The decreasing quickly part is D

The decreasing slowly part is A.

The constant part is C.

And the increasing slowly part is E.

Step-by-step explanation:

See the attached graph.

Here, the graph represents the viewing trend of a reality show. We have to match each phrase to the section of the graph it describes.

Now, the increasing quickly part is B.

The decreasing quickly part is D

The decreasing slowly part is A.

The constant part is C.

And the increasing slowly part is E. ( Answer )

(889 x 27) + 50 is
than 889 x 27

Answers

24003 that is the answer to the question hope this helps

Final answer:

The expression (889 x 27) + 50 is greater than 889 x 27, because adding 50 to any product will always result in a larger number.

Explanation:

The student's question is asking to compare the result of the expression (889 x 27) + 50 with 889 x 27, without actually calculating the precise values.

First, let's evaluate the structure of the expressions. When we have an expression of the form (a x b) + c, adding any number c to the original product of a and b will always result in a value greater than the original product. This is a basic property of arithmetic progression.

Based on this property, we know that (889 x 27) + 50 is definitely greater than 889 x 27 because we are adding a positive number (50) to the original product, hence the sum must be larger.

Explain how you know that 7/12 is greater than 1/3 but less than 2/3

Answers

Answer:

Step-by-step explanation:

7/12 is greater than 1/3 because it has a greater numerator and denominator it is less than 2/3 because the numerator is smaller

X+2y=4 convert equation from standard form to slope intercept form

Answers

Answer:

y = -(1/2)x + 2

Step-by-step explanation:

2y = -x + 4

y = (-x + 4)/2

y = -(1/2)x + 2

A. Does the table represent a proportional relationship?

B. If the relationship is proportional, what is the constant of proportionality?


Total wight in pounds. 12 18 30 60

Number of books. 10 15 25 50

Answers

A. Yes the table represents a proportional relationship

B. The constant of proportionality is 1.2

Step-by-step explanation:

Two quantities are proportional if:

One of them is equal to the constant times the other oneIf x and y are proportion, then y = k x, where k is constant

∵ Total wight in pounds ⇒ 12  ,  18  ,  30  ,  60

∵ Number of books ⇒ 10  ,  15  ,  25  ,  50

- Divide each two corresponding data to check if all they give

   the same constant or not

∵ 12 ÷ 10 = 1.2

∵ 18 ÷ 15 = 1.2

∵ 30 ÷ 25 = 1.2

∵ 60 ÷ 50 = 1.2

- That means the total wight is equal to constant times the

   number of books

∴ Total wight = 1.2 Number of books

∴ The total wight and the number of books are in a proportional

    relationship

A. Yes the table represents a proportional relationship

Total wight = 1.2 Number of books

∴ The constant of proportionality = 1.2

B. The constant of proportionality is 1.2

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In the figure, angle D measures 31⁰ and angle A measures 27⁰

1.The measurement of angle B is
A.59⁰
B.63⁰
C.90⁰
2. The measurement of angle F is
A.59⁰
B.63⁰
C.90⁰

Answers

Answer:

1)B:63°

2)A:59°

Step-by-step explanation:

1.ABC is a right triangle at C then angle ACB=90°(right angle)

Angle CAB=27°(see the given)

measure of the angles in any triangle is 180°

then angle CBA=

measure of all the angles - (measure ACB+measure CAB)

=180°-(90°+27°)

=63°

2. Same explanation of angle B:

in the right triangle DEF: angle DEF=90°

angle D=31°(given)

Then measure of angle A=180°-(angle E + angle D)

=180-(90+31)=59°

What is equivalent to 8 1/4

Answers

Answer:

33/4

Step-by-step explanation:

8x4 +1 = 33

Answer:

33/4

Step-by-step explanation:

A company makes a profit of $50 per software program and $35 per video game. The company can produce at most 200 software programs and at most 300 video games per week. Total production cannot exceed 425 items per week. How many items of each kind should be produced per week in order to maximize the profit?

IDENTIFY VARIABLES, STATE OBJECTIVE FUNCTION, AND STATE THE CONSTRAINTS.

Answers

Answer:

200- software (x)          225- video game (y)    = 425 items

Step-by-step explanation:

software- 200 = $10,000      video-225 = $7,875

                              total= $17,875

200x + 225y = $17,875

What is the slope OF THE GRAPH, not what is A slope, what is THE slope

Answers

Answer:

The slope is -3

Step-by-step explanation:

Hello!

Slope is measured by lattice points on the graph, and the formula is Rise/Run.

To calculate the slope of this graph, we must find two points that intersect coordinates. I will choose coordinates (0,2) and (1,-1).

Now to find the rise, we must find the difference in the y coordinates.

2 - (-1) 2 + 13

To find the run, we must find the difference in the x coordinates.

0 - 1-1

Now divide:

3/-1-3

HELP!! which is the measure of wx shown in the diagram below

Answers

Answer:

A. 25°

Step-by-step explanation:

We are given a circle and two intersecting lines of circle meets at s and form an angle 34° at S.

Also, we have W and X points on circle that form a minor arc and T and R makes a major arc of angle 93°.

In order to find the value of minor arc WX, we need to apply following formula:

Subtends angle on intersection of lines  =  [tex]\frac{Major Arc- Major Arc} {2}[/tex]

Plugging values in above formula, we get

34= [tex]\frac{93 - x }{2}[/tex]

On cross multiplication, we get

34 × 2 = 93-x

68 = 93 -x

x = 93-68

x= 25.

Therefore, measure of arc WX = 25°.

Hope this helps and you understand !!!!!!

solve the following formula c=1/2f(q+b) for q

Answers

Answer:q= (2C - fb)/f

Step-by-step explanation:

multiplying both sides by 2 we have,

2C = fb + fq,

subtract both sides by fb

fq = 2C - fb,

dividing both sides by f

q= (2C - fb)/f

What is the volume of a shipping cube with dimensions of 2 1/2 feet? 6 3/4 cubic feet 15 5/8 cubic feet 8 1/8 cubic feet

Answers

Answer:

The volume of shipping cube is  [tex]15\frac{5}{8}\ cubic\ feet.[/tex]

Step-by-step explanation:

Given:

The dimensions of a shipping cube of 2 1/2 feet.

Now, to find the volume of shipping cube.

Side of cube = [tex]2\frac{1}{2}\ feet.[/tex]

Side = [tex]\frac{5}{2}\ feet[/tex]

So, to get the volume of cube we put formula:

[tex]Volume=(side)^3[/tex]

[tex]Volume=(\frac{5}{2})^3[/tex]

[tex]Volume=\frac{125}{8}[/tex]

[tex]Volume=15\frac{5}{8} \ cubic\ feet.[/tex]

Therefore, the volume of shipping cube is  [tex]15\frac{5}{8}\ cubic\ feet.[/tex]

Answer:

b

Step-by-step explanation:

Teri bought 360 rubber band 2 make a bracelet

15% of the bands were white and the rest were red. After using 140 bands to make her 1st bracelet , 20% of the remaining bands were white

How many red bands did teri use on the bracelet

Answers

Answer:

Step-by-step explanation:

No. of white bands = 15% of 360 = (15/100)*360= 54

No.of red bands = 360 - 54 = 306

No. bands remaining = 360 - 140 = 220

No. of remaining white bands = 20% of  220= (20/100)*220 = 44

No. of remaining red bands = 220 - 44 = 176

No. of red band used = No.of red bands - No of remaining bands

= 306 - 176 = 130

How many 60-degree angles does it take to make a full turn?

Answers

Answer:

6

Step-by-step explanation:

360 is a full turn so, 360 divided by 60 is 6

vanssea earns base salary of $400.00 every week with an additional 5% commission on everything she sells. Vanessa sold $1650.00 worth of items last week. What was Vanessa's total pay last week?

Answers

Answer: She earns 482.50

Step-by-step explanation:

9y-4-11y+7
Terms:
Like terms:
Coefficient:
Constants:

Answers

9y - 4 - 11y + 7

Terms: 9y, -4, -11y, 7

Like terms: 9y and -11y

Coefficient : 9, -11

Constants: 7, -4

Solution:

Given expression is:

9y - 4 - 11y + 7

We have to find the terms, like terms, coefficient and constants

Terms:

Each term in the expression is called terms

It includes, numbers, variables also

Terms : 9y and -4 and -11y and 7

Coefficients:

A coefficient is a number used to multiply a variable

Here the terms with variables are 9y and -11y

Coefficient : 9, -11

Like terms:

"Like terms" are terms whose variables are the same and thier powers is also same

Like terms : 9y and -11y

Constants:

The constant is a number on its own, or sometimes a letter such as a, b or c to stand for a fixed number

Constants: 7 and -4

1. If two nonvertical lines are parallel, what do we know about their slopes? If two lines are perpendicular and neither is parallel to an axis, what do we know about their slopes? Why must the lines be nonvertical?

Answers

Final answer:

Non-vertical parallel lines have equal slopes, while slopes of non-vertical, non-horizontal perpendicular lines are negative reciprocals of each other. Vertical lines are defined as having an infinite slope, thus they must be non-vertical to consider their slopes.

Explanation:

When considering the slopes of lines on a graph with perpendicular axes, like the x-axis and the y-axis, we can draw several conclusions about parallel and perpendicular lines. If two non-vertical lines are parallel, their slopes are equal, because the tilt of the lines with respect to the horizontal axis is the same. For example, if we have two equations of lines in the form y = mx + b, where m represents the slope and b represents the y-intercept, parallel lines would have the same value of m.

If two lines are perpendicular and neither line is parallel to an axis, then their slopes are negative reciprocals of one another. This holds true because the product of the slopes of two perpendicular lines is -1. For example, if the slope of one line is a, the slope of the line perpendicular to it will be -1/a.

It is necessary for the lines to be non-vertical because a vertical line does not have a well-defined slope; its slope is considered infinite. Therefore, the definition of perpendicular lines in terms of slope only applies to non-vertical lines.

You plant 20 marigold seeds and 12 of them grow into flowers that bloom. If you plant 10 more marigolds, predict how many would bloom?

Answers

Answer:

I would predict that 6 marigolds would bloom

Which operations are commutative and
associative?
addition
O subtraction
multiplication
division

Answers

Answer:

additionmultiplication

Step-by-step explanation:

When learning about commutative and associative properties, we learn that ...

  a + b = b + a . . . . . addition is commutative

  ab = ba . . . . . . . . . multiplication is commutative

But we also know that ...

  a - b ≠ b - a . . . . . . subtraction is not commutative

  a/b  ≠ b/a . . . . . . . . division is not commutative

__

We also learn that ...

  a + (b+c) = (a+b) +c . . . . addition is associative

  a(bc) = (ab)c . . . . . multiplication is associative

And of course, ...

  a - (b -c) ≠ (a -b) -c . . . . subtraction is not associative

  a/(b/c) ≠ (a/b)/c . . . . . . . division is not associative

_____

However, you can use associative and commutative properties in problems involving subtraction and division if you write the expression properly:

  a - (b - c) = a +(-(b -c)) = a +((-b) +c) = (a +(-b)) +c . . . . keeping the sign with the value makes it an addition problem, so the associative property can apply

  (a/b)/c = (a(1/b))(1/c) = a(1/b·1/c) = writing the division as multiplication by a reciprocal makes it so the associative property can apply

Answer:

addition

multiplication

PLEASE HELP
What is the twenty-first term of the sequence given by


xn = 4n − 3 ?



87


72


81


6

Answers

Answer:

81

Step-by-step explanation:

To find the 21 st term substitute n = 21 into the formula

[tex]x_{21}[/tex] = 4(21) - 3 = 84 - 3 = 81

5x/3 + 1/3 =12 find x

Answers

Answer:

x = 7.002 or 7

Step-by-step explanation:

5x/3 + 1/3 = 12

        - 1/3  - 1/3

5x/3 = 11 2/3

3(5x/3) = 3(11 2/3)

5x = 35.01

x = 7.002 or 7

Answer
X equals 7
Solution
Step 1: simplify both sides of the equation.
5/3 x + 1/3= 12
Step 2: subtract 1/3 from both sides
5/3 x + 1/3 - 1/3 = 12 - 1/3
5/3 x = 35/3
Step 3 : multiply both sides by 3/5
(3/5)(5/3 x)=(3/5)(35/3)
X=7

What is the slope of the line below? Give an exact number

Answers

Answer:

The slope of straight line in the graph is

m = [tex]\frac{1}{2}[/tex]

Step-by-step explanation:

Slope of a given line is [tex]m = \frac{y_{2}-y_{1} }{x_{2} - x_{1} }[/tex]........(1)

The point (-2,0) lie on x-axis in the graph and another point ( 0, 1) lie on y- axis.

so [tex](x_{1} , y_{1}) = (-2,0) and (x_{2} , y_{2}) = (0,1)[/tex]

substitute these values in equation (1)

[tex]m = \frac{1-0}{0-(-2)}[/tex]

[tex]m = \frac{1}{2}[/tex]

slope of given line is [tex]m = \frac{1}{2}[/tex]

x+5÷9=3
What is the number where when you add 5 then divide it by 9 it is 3?

Answers

Answer:

22 + 5 ÷ 9 = 3

Proof:

27/9

= 3

the number is 22

work out 35% out of £120

Answers

Answer:

42

Step-by-step explanation:

120*35=4200

4200/100=42

Other Questions
A block with velocity v>0 slides along the floor (with no friction). It hits an ideal spring at time t=0 (configuration #1). The spring starts to compress until the block comes to a (momentary) stop (configuration #2). (Figure 1) (Later, the spring will of course expand, pushing the block back). Here we show you some plots relating to the motion of the block and spring. You will need to identify what these plots represent. In each plot, the point we label as "1" refers to configuration #1 (when the block first comes in contact with the spring). The point we label "2" refers to configuration #2 (which is the moment the block comes to rest, with the spring fully compressed). Here, "force" refers to the x-component of the force of the spring on the block and "position" (and "velocity") refer to the x-components of the position (and velocity) of the block. In all cases, consider the origin to be (0,0); that is, the x-axis represents y=0 and the y-axis represents x=0.Part ALook first a t graph A. (Figure 2)Which of the choices given could this graph represent?1. position (x) vs. time2. velocity (v) vs. time3. force (F) vs. time4. force (F) vs. positionPart BNow look at graph B. (Figure 3)Which of the choices given could this graph represent?1. position (x) vs. time2. velocity (v) vs. time3. force (F) vs. time4. force (F) vs. positionPart CNext look at graph C. (Figure 4)Which of the choices given could this graph represent?1. position (x) vs. time2. velocity (v) vs. time3. force (F) vs. time4. force (F) vs. position There are 27/9 and I dont know the answer Draw the structure with the molecular formula C6H14O that most likely produced the below IR and 1H NMR. The 13C NMR data is 78.3 ppm, 43.9 ppm, 27.3 ppm, 13.3 ppm. Prepare a balance sheet from the following information. 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