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Katena32
16 days ago
15

Sandy put $1000 in a savings account which pays 3% interest per year. After four years how much money will

Mathematics
2 answers:
PIT_PIT [3.9K]16 days ago
3 0

After four years, Sandy’s account will show $1464.1

Step-by-step explanation:

Sandy deposited $1000 in a savings account with a 3% interest rate yearly. We now need to determine the total balance after four years without any additional deposits or withdrawals. Let’s calculate:

For the amount after year 1:

⇒ 1000 + \frac{1000(10)}{100} = 1000+100=1100

For the amount after year 2:

⇒ 1100 + \frac{1100(10)}{100} = 1100+110=1210

For the amount after year 3:

⇒ 1210 + \frac{1210(10)}{100} = 1210+121=1331

For the amount after year 4:

⇒ 1331+ \frac{1331(10)}{100} = 1331+133.1=1464.1

Therefore, after 4 years, Sandy’s account will have $1464.1

Inessa [3.9K]16 days ago
3 0

Step-by-step explanation:

Let 'P' represent the principal amount

'R' will stand for the interest rate

'T' indicates the time period

P = $1000

R = 3%

T = 4 years

We can compute the simple interest using,

Interest = (P x R x T) / 100

= (1000 x 3 x 4) / 100

= 12000 / 100

= $120

Thus, the simple interest over 4 years totals $120.

Total amount = P + Interest

= 1000 + 120

= $1120

Consequently, the account will have $1120 after 4 years.

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Joaquin is constructing the perpendicular bisector of AB. He opens his
Zina [3917]

Answer:

A

Step-by-step explanation:

To construct the perpendicular bisector, follow these steps:

Step 1:

Set the compass to a distance greater than half the length of segment AB, place it on point A, and draw an arc across AB.

Step 2:

Keeping the same width, place the compass on point B and create another arc across AB.

Step 3:

With the ruler, connect the two intersection points of the arcs by drawing a line.

Step 4:

This line will be the perpendicular bisector of the segment AB.

Thus, option A is the correct choice.

9 0
3 days ago
Read 2 more answers
A new weight-watching company, Weight Reducers International, advertises that those who join will lose an average of 10 pounds a
Inessa [3926]

Answer:

The value calculated is Z = 2.53, which exceeds 1.96 at a significance level of 0.05

This leads to the rejection of the null hypothesis H₀

Thus, we accept the alternative hypothesis

This implies that individuals participating in Weight Reducers will lose more than 10 pounds

Step-by-step explanation:

Step(i):-

The size of the random sample 'n' = 50

The new weight-loss program, Weight Reducers International, claims that members will shed an average of 10 pounds within the initial two weeks, with a standard deviation of 2.8 pounds.

Population mean 'μ' = 10 pounds

Population standard deviation 'σ' = 2.8 pounds

Sample mean 'x⁻' = 9

Significance level ∝ = 0.05

Step(ii):-

Null hypothesis: H₀: μ < 10

Alternative hypothesis: H₁: μ > 10

Test statistic calculation

z= \frac{x^{-} - mean}{\frac{S.D}{\sqrt{n} } }

z= \frac{9 - 10}{\frac{2.8}{\sqrt{50} } } = \frac{-1}{0.395} = 2.53

The determined Z value is 2.53

In this case, the critical value Z is 1.96 at the 0.05 significance level

Step(iii):-

Calculated Z value of 2.53 is greater than 1.96 at a significance level of 0.05

Consequently, we reject the null hypothesis H₀

We accept the alternative hypothesis

Conclusion:-

We determine that individuals who sign up for Weight Reducers will experience a weight loss exceeding 10 pounds

6 0
3 days ago
Finally, suppose m1→∞, while m2 remains finite. what value does the the magnitude of the tension approach?
AnnZ [3900]
The tension does not approach infinity.
<span>Let's analyze free body diagrams (FBDs) for each mass, considering the direction of motion of m₁ as positive.

For m₁: m₁*g - T = m₁*a

For m₂: T - m₂*g = m₂*a

Assuming a massless cord and pulley without friction, the accelerations are the same.

From the second equation: a = (T - m₂*g) / m₂

Substitute into the first:
m₁*g - T = m₁ * [(T - m₂*g) / m₂]
Rearranging:
m₁*g - T = (m₁*T)/m₂ - m₁*g
2*m₁*g = T * (1 + m₁/m₂)
2*m₁*m₂*g = T * (m₂ + m₁)
T = (2*m₁*m₂*g) / (m₂ + m₁)
Taking the limit as m₁ approaches infinity:
T = 2*m₂*g

This aligns with intuition since the greatest acceleration m₁ can have is -g. The cord then accelerates m₂ upward at g while gravity acts downward, leading to a maximum upward acceleration of 2*g for m₁.</span>
5 0
14 days ago
the graph shows your budget and the total cost of x gallons of gasoline and a car wash you want to determine the possible amount
lawyer [4039]

Answer:

Part a) Your budget is $40.

Part b) The price for one gallon of gasoline is $3.55, while a car wash costs $8.

Part c) x \leq 9.01\ gal

Part d) Refer to the explanation below.

Step-by-step explanation:

Please see the complete question in the attached image.

Part a) The budget is expressed by the equation

y = 40

therefore,

Your budget amounts to $40.

Part b) In terms of costs, how much is a gallon of gasoline and what is the car wash price?

Let

y ------> denote the total cost for a gallon of gasoline along with a car wash

x -----> define the volume of gasoline in gallons

We can express the relationship as

y = 3.55x + 8

For calculations, when x = 0, we have:

y = 3.55(0) + 8 = 8

The y-intercept signifies the cost of the car wash, being $8.

Now, to identify the price of one gallon of gasoline:

We know the slope of the linear function is

m = $3.55 per gallon

This confirms that a gallon of gasoline costs $3.55.

Part c) Formulate an inequality representing the potential quantity of gasoline you can purchase:

We have:

3.55x+8 \leq 40

Now, solve for x:

3.55x \leq 40-8

3.55x \leq 32

x \leq 9.01\ gal

Part d) Utilize the graph to determine the solution of the inequality from part c)

We can set up the system:

y = 40

y = 3.55x + 8

The solution lies at the intersection of both graphs. By observing the graph, the intersection appears to be around (9, 40).

This indicates that the maximum volume of gasoline purchasable within your budget is approximately 9 gallons.

6 0
4 days ago
Each day that a library book is kept past its due date, a $0.30 fee is charged at midnight. Which ordered pair is viable solutio
tester [3938]

Assume that the number of overdue days for the library book is X, and the total fine is Y.

Liability charges a fee of $0.30 per day for lateness,

Thus, for one day late, the fee equals: 1 * $0.30

For X days late, the fee becomes: X * $0.30.

The total fee Y corresponds to being X days late, so: Y = 0.30 * X.

Next, we'll verify which possible answers satisfy the equation Y = 0.30 * X.

Options one (-3, -0.9) and two (-2.5, -0.75) are invalid since the number of late days cannot be negative, and these give negative values for X.

Option three (4.5, 1.35) is also incorrect because the library charges per whole day; 4.5 days is not an integer, so they would charge 4 or 5 days, not 4.5.

Option four (8, 2.40) matches the equation perfectly:

Y = 0.30 * X

2.40 = 0.30 * 8

2.40 = 2.40.

Therefore, the only correct answer is option four (8, 2.40).

8 0
18 days ago
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