The total amount of money in a savings account after t years is given by the function A=1000(1.023)^t .

How could this function be rewritten to identify the monthly interest rate?

What is the approximate monthly interest rate?



Drag and drop the choices into the boxes to correctly complete the table. If a value does not match, do not drag it to the table.

Function Monthly interest rate

A = 1000(1 + 0.023)^12t

A = 1000(1.023^12)^t/12

A = 1000(1.023^t/12)^12t

0.23%

0.19%

0.31%

Answers

Answer 1
A=1000(1.023112)^12t         0.19%
Answer 2

Answer:

[tex]A=1000(1+\frac{0.023}{12})^{12t}[/tex]

Rate of interest (r) = 0.19% monthly

Step-by-step explanation:

Given: The total amount of money in a saving account after t years.

[tex]A=1000(1.023)^t[/tex]

Formula:

[tex]A=P(1+r)^t[/tex]

Now we compare this formula with with given model.

P=1000

Rate of interest annually (r) = 0.023

Time = t

We need to change into monthly interest

New rate will divide by 12

New time will multiply by 12

[tex]r=\frac{0.023}{12}=0.0019[/tex]

[tex]t=12\times t =12t[/tex]

Function for monthly rate

[tex]A=1000(1+\frac{0.023}{12})^{12t}[/tex]

Rate of interest (r) = 0.19% monthly

[tex]\text{Thus, Function Monthly interest rate: }A=1000(1+\frac{0.023}{12})^{12t}\text{ and Monthly Interest rate }= 0.19\%[/tex]


Related Questions

in the graph below, point D is reflected across the y axis. what are the coordinates of its image ?

Answers

Generally, whenever a point (x,y) is reflected across the y axis, the y coordinate stays the same and the sign of x coordinate changes.

So [tex](x,y)[/tex] changes to [tex](-x,y)[/tex].

Point D in the diagram shown has coordinates [tex](3,-1)[/tex]. According to the rule, the x-coordinate, 3, will change to -3 and the y-coordinate, -1, would stay the same.

Hence, our image of D after the reflection about y-axis would have coordinates [tex](-3,-1)[/tex].


ANSWER: [tex](-3,-1)[/tex]

Answer:

(-3, -1)

Step-by-step explanation:

How does doubling the side lengths of a triangle affect its area?

Answers

it doubles the area of it

He ages of mark and adam add up to 28 years total. mark is 20 years older than adam. how many years old is adam

Answers

you divide and ur answer is 8 

What is the equation of a line that passes through the point (2, 7) and is perpendicular to the line whose equation is y=x/4+5 ?

Answers

y = 1/4x + 5 
Point ( 2,7)

Alright, its always easier to draw it on a graph to see visually how the line intersects the other line. In this case I'll make it simple. 

m1 time m2 = -1 
Flip the slope you get -4 
 
Now write the equation 
y = mx + b 
y = -4x + b
7 = -4(2) + b
7 = -8 + b
b = 15 

y = -4x + 15 

Cute dog! 
Ask if you need more help :)

The graphs of the equations 2x+5y=3 and 2x+5y=7 are parallel lines. Find the equation of the line that is parallel to both lines and lies midway between them.

Answers

Re-write both equations into the slope-intercept form. 

y = mx + b 

1) 2x + 5y = 3

5y = -2x + 3

Divide all terms by 5. 

y = [tex] -\frac{2}{5}x [/tex] + [tex] \frac{3}{5} [/tex]

2) 2x+5y=7

5y = -2x + 7 

y = [tex]- \frac{2}{5}x [/tex] + [tex] \frac{7}{5} [/tex]

Now that both equations are in standard form, we know that the equation of the line that is parallel to both lines must have the same slope as the two lines which is -2/5. 

In order to find the y-intercept of the line, we have to add up the y-intercepts of the two lines and divide them by 2. 

[tex] \frac{3}{5} [/tex] + [tex] \frac{7}{5} [/tex]

= [tex] \frac{10}{5} [/tex] ÷ 2 

= 2 ÷ 2

= 1

The y-intercept of the equation is 1. 

The equation of the line that is parallel to both lines and lies midway between them will have the slope of [tex] -\frac{2}{5}x [/tex] and a y-intercept of 1. 

Solution: y = [tex] -\frac{2}{5}x [/tex] + 1
The work to answer the problem is attached as a picture. 

The measures of two complementary angles are 3x+1 and 5x-y. Find x
A: 8
B: 12
C: 14
D: 23

Answers

Hello! Complementary angles are 90 degrees each. Two of them combined equals 180 degrees. To find the "x" value, we have to write out the formula. This would be 8x + 1 - y = 180. Just by looking at the answer choices, the answers are not A or B. The answer would have to be D, because when you plug in the number, it would be a little over. However, if you subtract 5, you would get 180. y = 5, x = 23. The answer is D: 23.

In ΔABC, m∠B = m∠C. The angle bisector of ∠B meets
AC at point H and the angle bisector of ∠C meets AB at point K. Prove that BH = CK.

Answers

First, let's illustrate the problem as shown in the picture attached. Then, let's make a two-column proof:

            Statement                                                       Reason
          m∠B = m∠C                                                       Given
             AB = AC                                        Isosceles Triangle Definition
       AK=KB=AH=HC                                      Angle Bisector Postulate
        ΔBKC = ΔHBC                                        Line BC is common side
             BH = CK   Corresponding parts of congruent triangles are congruent
Final answer:

To prove that BH = CK in triangle ABC, we can use the angle bisector theorem. The theorem states that the angle bisector of an angle in a triangle divides the opposite side into two segments proportional to the other two sides. By applying this theorem and representing BH as x and CK as y, we can show that x = y, thus proving that BH = CK.

Explanation:

In triangle ABC, to prove that BH = CK, we can use the angle bisector theorem. Since m∠B = m∠C, the angle bisector of ∠B will divide the side AC into two segments proportional to the other two sides. Let's denote BH as x and CK as y. According to the angle bisector theorem, we have:

AB / BC = AH / HCAC / BC = AK / BK

Since AB = AC (isosceles triangle), we can rewrite the first equation as:

x / BC = AH / HC

And the second equation as:

AC / BC = AK / y

Since AB = AC, we can substitute AC with AB:

x / BC = AK / y

Now, we can cross-multiply and solve for x and y:

x * BC = AK * HC

y * BC = x * HK

Simplifying, we get:

x = AK * HC / BC

y = x * HK / BC

Since HK = HC, we have:

x = AK

y = x

Therefore, BH = x = CK = y.

50 POINTS!!

What are the missing parts that correctly complete the proof?

Answers

2. ∠JKM≅∠LKM
5. MK≅MK
6. Transitive Property of Congruence
7. Corresponding parts of congruent triangles are congruent.
8. Definition of Equidistant

Answer:-  2. ∠JKM≅∠LKM

5. MK≅MK

6. AAS congruence postulate.

7. Corresponding parts of congruent triangles are congruent.

8. Definition of equidistant.

Therefore the complete proof will be

Proof :- 1. KM is the line bisector of ∠JKL.  [Given]

2. ∠JKM≅∠LKM             [Definition of bisector]

3. ∠KXM and ∠KYM are right angles [Given]

4. ∠KXM ≅ ∠KYM [All right angles are congruent]

5. MK≅MK  [reflexive property of congruence]

6. ΔKXM ≅ ΔKYM  [AAS congruence postulate]

7. MX≅MY [Corresponding parts of congruent triangles are congruent]

8. Point  M is equidistant from the sides of ∠JKL [Definition of equidistant]

Hence proved.


If i run 5 miles in 38 minutes how many miles can i run in 57

Answers

The way you can solve this is divide 38 by 5 to find out how many miles you run per minute. In this case, it would be 7.6. Now, for each minute you run, add 7.6 to it and you will have ran 7.5 miles.

A lamp manufacturer uses 714 meters of electrical cord each week. The cord comes on spools that hold 12 meters each. How many spools of electrical cord does the manufacturer use each week?

Answers

divide 714 by 12

714 / 12 = 59.5 spools per week

714/12
= 59.5
The lamp manufacturer uses 59 and a half spools of electrical cord. If you round to the nearest whole number, he uses about 60 spools of cord.

Sawyer has triple the number of Hot Wheels cars as Fisher. If Fisher has x number of cars, how many does Sawyer have?


A) x + 3

B) 3x

C) 3/x

D) 2x

Answers

it's B 3x hope this helps have a great day

Write an equation of the line passing through point P(0, 0) that is perpendicular to the line y = −9x−1 .

Answers

an equation of the line passing through point P(0, 0) that is perpendicular to the given line is

[tex]y=\frac{1}{9} x[/tex]

Given :

the line passing through point P(0, 0) that is perpendicular to the line

y = −9x−1

The given equation is in the form of y=mx+b

where m is the slope and b is the y intercept

Find out slope from the given equation y=-9x-1

Slope of the given equation is -9

Slope of perpendicular lines are negative reciprocal of one another

slope of perpendicular line is negative reciprocal of -9 is [tex]\frac{1}{9}[/tex]

slope of perpendicular line m=[tex]\frac{1}{9}[/tex]

The line passes through the point (0,0) that means y intercept is 0

the value of b=0

[tex]m=\frac{1}{9} , b=0\\y=mx+b\\y=\frac{1}{9} x+b\\y=\frac{1}{9} x[/tex]

an equation of the line passing through point P(0, 0) that is perpendicular to the line y = −9x−1 is

[tex]y=\frac{1}{9} x[/tex]

Learn more  brainly.com/question/19146982

Final answer:

The equation of the line passing through point P(0, 0) and perpendicular to the line y = -9x-1 is y = (1/9)x, with the slope of the line being the negative reciprocal of -9.

Explanation:

To write an equation of the line passing through point P(0, 0) that is perpendicular to the line y = −9x−1, we first identify the slope of the given line. The slope of the line y = −9x−1 is −9, so the slope of a line perpendicular to it will be the negative reciprocal. Therefore, the perpendicular slope is 1/9.

Since the point P(0, 0) is also the y-intercept, we can directly write the equation of the perpendicular line in slope-intercept form, which is y = mx + b, where m is the slope and b is the y-intercept. Thus, the equation of the line we are looking for is y = (1/9)x.

Learn more about Perpendicular Lines here:

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Write an expression for the quantity 506 000 cm in which it is clear that all zeros are significant

Answers

The use of scientifice notation ensures you that all the zeros shown are significative.

For exampleif you wrire 4.30 * 10^ 5 means that there are 3 significant figures because the 0 counts, and if you wirte 4.300 * 10^5 means that there are 4 significant figures becasue the two zeros count.

So, if you want to state the  number of significant figures in 506000 cm, write it in scientific notation with all the zeros: 5.06000 * 10^5 cm

Answer: [tex]5.06000. 10^{5} [/tex]

Simplify. Express your answer as a single term, without a denominator. t0u/tu

Answers

Yes that is correct always

Need the calculations please

Answers

I believe the answer is D.


I replaced the variables with the coordinates. 3<3+1
3<4

Which of the following statements is true?
The interquartile range of weights of both apples is the same.
The upper quartiles of each group are within 2 grams of each other.
There were more Red Delicious apples weighed than Granny Smith apples.
The median weight of Granny Smith apples is less than the median weight of Red Delicious apples.

Answers

I believe it would be D. Hope that helped;)

True or false if a function y = f(x) satisfies dy/dx = y, then y = e^x

Answers

True.
If y = f(x) = e^x
Then dy/dx = f’(x) = e^x

Therefore y = dy/dx

Perpendicular bisector of MU. Find the values of m.

Answers

knowing that line ME and EU and equal, set the equations equal to each other and then solve for M. 6m+5 = 7m so by subtracting 6m from both sides, m=5

Alan bowls one game, which consists of 10 frames. The number of pins he knocked down in each frame is 5, 6, 7, 5, 7, 9, 2, 4, 8, and 7. Which measure should Alan use to learn the difference of the greatest and the least number of pins he knocked down?

Answers

Alan shoud use mean and range, mean is where you add all of the numbers up and divide by how many numbers there are, and range where you take the highest number and subtract it by the lowest number. This way he will find the greatest and least number of pins he knocked down 

Answer:

Range.

Step-by-step explanation:

Alan must use the measure called Range, which indicates the dispersion between the extreme values of a variable. It is calculated as the difference between the highest and the lowest value of the variable. It is denoted as R. First the data is sorted, then it is calculated as:

R = x (n) - x (1) where,

x (n): It is the largest value of the variable.

x (1): It is the smallest value of the variable.

In the given case (5, 6, 7, 5, 7, 9, 2, 4, 8, and 7), we sort the data, and get,

2, 4, 5, 5, 6, 7, 7, 7, 8, 9

x (n) = 9

X (1) = 2

R = 9 - 2 = 7

Hope this helps!

PLEASE HELP ASAP!! Will give brainliest!

Answers

The first one is the second choice and the third one is the 4 choice. I know this because I had this homework and I got 100


Which is an x-intercept of the graphed function?

Answers

The x-intercepts of the graphed function are -2, -1, 1, and 2

How to determine the x-intercept?

The x-intercept is the point where the graph crosses the x-axis

This means that the point on the x-axis where y = 0

From the graph, we have:

x = -2, -1, 1, and 2 when y = 0

Hence, the x-intercepts of the graphed function are -2, -1, 1, and 2

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Type an equation of the line that passes through the origin with the slope 3

Answers

Assuming you want slope intercept form:

So slope intercept form is:

y = mx + b

M is the slope and b is the y intercept.

So therefore:

y = 3x + 0

Or 

y = 3x

The required equation of the line is y = 3x which passes through the origin with the slope 3.

What is the slope of the line?

The slope of the line is defined as the gradient of the line. It is denoted by m

Slope m = (y₂ - y₁)/(x₂ -x₁ )

We have to determine the equation of the line that passes through the origin with slope 3.

Let's assume slope-intercept form:

So required line in the slope-intercept form is:

y = mx + b

where m is the slope and b is the y-intercept.

In this case, the slope of line m = 3, and the line passes through the origin

So, therefore equation will be:

y = 3x + 0 or

y = 3x

Thus, the required equation of the line is y = 3x which passes through the origin with the slope 3.

Learn more about the Slope of Line here:

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MATH HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

1. less than  ( I gave x a number and did both equations )


2. the equation = 400 which is greater than 35


given the equation -2x-13=8x+7, which order of operations completely solves for x

Answers

We can start by adding 2x to both sides (to put all of the x values on one side), as well as subtracting both sides by 7 to get variables on one side and numbers on the other, ending up with 10x=-20. After that, we can divide both sides by 10 to separate x and get x=-2

Bill earns $87.50 per week and Jack earns $70.00 per week. What percent of Bill's salary is Jack's?

Answers

I believe it is 80%. Hope that helped.

Answer:

80%

Step-by-step explanation:

Let us suppose x percent of Bill's salary is equal to Jacks's salary.

Thus, we can write

x% of 87.50 = 70

Mathematically, we can write this as

[tex]0.0x\times87.50=70[/tex]

Solve the equation for x

[tex]0.0x=\frac{70}{87.50}\\\\x=\frac{70}{87.50}\times100\\\\x=80[/tex]

Therefore, Jack's salary is 80% of Bill's salary

You are paid $8.25/hour. You work 35 hours/week for 3 weeks. Your involuntary deductions are FICA (7.65%), federal withholding (13%), and state withholding (9%). How much is your realized income?

Answers

First figure out what your full salary is, before the taxes. To do this, multiply 35 and 3 to get 105 hours total. Multiply this number and the salary, 105*8.25=866.25. Now you have to add the taxes up to figure out how much is deducted. 7.65+13+9=29.65% Multiply that number and the salary to find out how much is deducted. A shortcut for this is to multiply the 1 minus the tax and the salary, to find the total salary, but either way will give the same answer. The tax written in decimal form is 0.2965. (866.25)(1-0.2965)=609.4. if im wrong sorry hope this helped tho :p

The answer is:

$609.39

. Catie is 3 years older than her brother. The sum of their ages is no more than 31. Write an inequality that can be used to represent this situation, where x represents Catie's brother's age. Don’t combine like terms.

Answers

The answer is 17+x=31

Answer: So, the required inequality that can be used to represent this situation is [tex]2x+3\leq 31[/tex]

Step-by-step explanation:

Let the age of Catie's brother be 'x'.

Let the age of Catie be 'x+3'.

According to question, the sum of their ages is no more than 31.

So, it becomes,

[tex]x+x+3\leq 31\\\\2x+3\leq 31[/tex]

So, the required inequality that can be used to represent this situation is

[tex]2x+3\leq 31[/tex]

Which is equivalent to 243 2/5 ? 3 6 9 12

Answers

9 Good luckkkkkkkkkkkkkkkkkkkkkkkkkkkkk

Answer:

The answer is [tex]9[/tex]

Step-by-step explanation:

we have

[tex](243)^{\frac{2}{5}}[/tex]

we know that

[tex]a^{\frac{n}{m}}=\sqrt[m]{a^{n}}[/tex]

so

[tex](243)^{\frac{2}{5}}=\sqrt[5]{243^{2}}[/tex]

Remember that

[tex]243=3^{5}[/tex]

Substitute

[tex]\sqrt[5]{243^{2}}=\sqrt[5]{(3^{5})^{2}}\\ \\= \sqrt[5]{(3^{10})}\\ \\=3^{\frac{10}{5}}\\ \\= 3^{2} \\ \\=9[/tex]

Decide which of the two points lies on the graph of the line
6x-2y= -4
A, -1, -1
B, -3,-2

Answers

A, -1, -1 is your answer

6(-1) - 2(-1) = -4

-6 + 2 = -4


The sides of a square are 5 2/5 inches long. what is the area of the square?

a. 5 4/5 square inches
b. 5 4/25 square inches
c. 25 4/5 square inches
d. 25 4/25 square inches

Answers

Since the area formula of square is [tex]S=a^2[/tex] [tex]\Rightarrow[/tex] the area of the given square would be [tex]S=(5\frac{2}{5})^2=(\frac{27}{5})^2=\frac{27^2}{5^2}=\frac{729}{25}=29\frac{4}{25} \ inches^2[/tex].

Answer:

29 4/25 square inches (not given in the options)

Step-by-step explanation:

A square is a plain 4 sided shape with equal sides. As such, all sides of a square are equal. If the length o a side of a square is s, the area of the square will be s² while the perimeter will be 4s.

Area of square = (5 2/5 inches)²

= (27/5 inches)²

= 729/25 square inches

= 29 4/25 square inches

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