PLEASE HELP!

You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly for 12 years. What is the equivalent interest rate and how many times will the money be compounded?
0.33% and 1 time
3% and 4 times
3% and 144 times
0.33% and 144 times

Answers

Answer 1

Answer:

The final balance is $1,612.23.

The total compound interest is $612.23.

Step-by-step explanation:

Answer 2

The required equivalent interest rate and money compounded is 0.33% and 144 times respectively. Option b is correct.

Equivalent interest rate for 4% and how many times the money will be compounded to be determine.

What is arithmetic?

In mathematics it deals with numbers of operations according to the statements.

Here, the equivalent interest rate = 4%/12
                                                     
= 1/3
                                                     = 0.33%


Now, number of times money compounded = 12 years
                                                                    = 12 x 12 months
                                                                    = 144

Thus, the required equivalent interest rate and money compounded is 0.33% and 144 times respectively.

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Related Questions

The function graphed below represents the altitude in feet, y, of a passenger airplane during descent after 3 minutes.
y
35.000
PASSENGER PLANE ALTITUDE
30.000
25.000
ALTITUDE
(FEET)
20.000
15.000
10.000
S000
10
15
TIME
(MINUTES)
Which feature of the graph shows the point at which the plane ends its descent?
O x-intercept
O y-intercept
Orange
O slope

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Answer:I'm pretty sure it's Slope

Step-by-step explanation: The line is pointing downwards

Answer:

x- intercept

Step-by-step explanation:

that is where the plane is no longer descending

Find the area of the rectangular field in hectares whose length and breadth are 400 m and 125 m.

Answers

Answer:

50,000 m²

Step-by-step explanation:

How do I solve this algebraically?
2-6lnx= 10

Answers

Answer:

Work it like a normal algebra problem to get ln x on one side. Then use a calculator or log tables.

Explanation:

Until you get to the actual logarithm the math is the same as for any algebra equation.

2

6

×

ln

(

x

)

=

10

;  

6

ln

(

x

)

=

8

;  

ln

(

x

)

=

(

4

3

)

NOW we take the antilog, inverse, or exponential of both sides:

e

ln

(

x

)

=

e

(

4

3

)

;  

x

=

0.264

CHECK:

2

6

×

ln

(

x

)

=

10

;  

2

6

ln

(

0.264

)

=

10

2

6

(

1.33

)

=

10

;  

2

(

8

)

=

10

;  

10

=

10

CORRECT!

1. A local pizzeria sold 85 pizzas yesterday

(a) The owner offers the employees a bonus if the number of pizzas sold increases by 20% today. How many pizzas must the pizzeria sell for employees to receive the bonus?


(b) Suppose the actual number of pizzas sold today was 65. Describe the number of pizzas sold as a percent increase or decrease rounded to the nearest hundredth.

PLEASE ANSWER ASAP!

Answers

Answer:

(a) 102 (b) 65.5

Step-by-step explanation:

(b) 85-23%=65.45 Round 65.45 up to 65.5

5,977,243 x 457,766 pls answer

Answers

Answer:

a number

Step-by-step explanation:

Can you please help me?

Answers

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Answers

Answer:

Rational

Step-by-step explanation:

Hope this helps!!

Any terminating decimal is a rational number. 2.4=2 4/10 or 24/10 which reduces to 12/5 To integers represented

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Answers

Answer:

93.6 becasue there are 12 donuts in a dozen. So you multiply 12 by 7.80.

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Answers

x=15

you do 2(5x-5)=(6x+50) and simplify, then you get x=15.


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Once again, you do (5y+5)=(7y-9) and simplify. you get y=7.


please leave a thanks and mark brainliest if you can

Which of these terms does not describe polygon A’B’C’D?

A. Rotation

B. Transformation

C. Reflection

D. Image

Answers

Wouldn’t it be C?? Hopefully this is right

The terms that does not describe polygon A’B’C’D should be considered as the option c. reflection.

What is reflection?

In terms of geometry, a reflection should be known as the flip, It should be considered as the mirror image of the shape. The image should reflect via the line that we called as the reflection line.

When it should be at reflection so each and every point in the figure should be equidistant with respect to the another figure.

Hence, The terms that does not describe polygon A’B’C’D should be considered as the option c. reflection.

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Need help with this too

Answers

Answer:

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I hope this helps!

Ye is riding home from a friend's house. After 5 minutes he is 4 miles from home, after 15 minutes Ye is 2 miles from home. Which equation models his distance from home y, in terms of minutes, x?

Answers

Answer:

[tex]y = -\frac{1}{5}x + 5[/tex]

Step-by-step explanation:

Given

[tex]5\ minutes = 4\ miles[/tex]

[tex]15\ minutes = 2\ miles[/tex]

Required

Determine the equation

y represents distance

x represents time

So, the given parameters can be modeled (x,y) as:

[tex](x_1,y_1) = (5,4)[/tex]

[tex](x_2,y_2) = (15,2)[/tex]

First, we need to determine the slope of the function.

[tex]m = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

[tex]m = \frac{2 - 4}{15 - 5}[/tex]

[tex]m = \frac{-2}{10}[/tex]

[tex]m = -\frac{1}{5}[/tex]

The equation can be determined using:

[tex]y - y_1 = m(x - x_1)[/tex]

Where

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[tex]y - y_1 = m(x - x_1)[/tex]

becomes

[tex]y - 4 = \frac{-1}{5}(x - 5)[/tex]

Open bracket

[tex]y - 4 = -\frac{1}{5}x + 1[/tex]

Solve for y

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[tex]y = -\frac{1}{5}x + 5[/tex]

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Answers

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Answer:

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Step-by-step explanation:

What is the value of the expression below?

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Answers

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Step-by-step explanation:

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A bookstore sells textbooks for $80 each and notebooks for $4 each. Th
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Answers

Answer:

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HELP WILL MARK BRAINLIEST

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the answer is Graph A!

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Step-by-step explanation:

IK ITS RIGHR BC IM ON EDGE

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Step-by-step explanation:

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x = 20*sin(15) = 5.176 units

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EMERGENCY! Please give me the correct answer!​

Answers

Answer:

1/49 is the answer

Step-by-step explanation:

The answer is = 5/2 x 15/2

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Answer:

I think the answer is 5/2 x 15/2.

Answer:

75/4

But as a mixed Number: 18 3/4

Let me know if I'm wrong.

Please make brainliest.

1. what statement best represents the angle pair relationship for angle aoc and boc

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Answers

Answer:

AOC and BOC is complementary angles.

AOC and BOD is supplementary angles

Step-by-step explanation:

If parallelogram ABCD was reflected over the y-axis, reflected over the x-axis, and rotated 180°, where would point A′ lie? Parallelogram formed by ordered pairs A at negative 4, 1, B at negative 3, 2, C at 0, 2, D at negative 1, 1. (−4, 1) (1, −1) (1, 1) (−4, −1)

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Answer:

(-4, 1)

Step-by-step explanation:

Answer:

(-4,1)

Step-by-step explanation:

I took the quiz and got it right

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

Step-by-step explanation:

1) x + 65 = 90

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            13x  -1 = 90

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    = 24

∠L =  10x - 4

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    =   66

Multiplication Property of Equality
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Answers

So
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Answers

the function is odd

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What is an even function?

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The equation should be stored in an even function:

f(-x) = f(x)

The function is given as,

y = sin(x) / x

Put x = -x, then we have

y = sin(-x) / (-x)

y = -sin(x) / (-x)

y = sin(x) / x

The function y = sin(x) / x is an even function.

More about the even function link is given below.

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Stuffed animals each weighing 1/4 pound are on a scale.the scale shows 1-1/2 pounds how many stuffed animals are on the scale?

Answers

Answer:

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Step-by-step explanation:

if its 1&1/2 then it would be 6

Answer:

6 stuffed animals!

Step-by-step explanation:

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and, 1/4+1/4+1/4+1/4=1 cup! put them together and you get your answer :D

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Answers

Answer: -2

Step-by-step explanation:

Look for 1 on the x-axis and put your finger on it.

Move your finger down until it hits a point on the line.

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The number is the answer.

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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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