Danielle has a CD at crossland bank. she invest $22,350 for four years at 4.55% interest. compounded monthly. What is her ending balance? How much interest did she make?

Answers

Answer 1
$22,350 x 4.55% = $1,016.925 (interest per year)

$1,016.925 x 4 = $4,067.70 (amount of interest earned over 4 years)

$22,350 + $4,067.7 = $26,417.70 (ending balance)
Answer 2

Answer: Her ending balance is $26,703.837 and her interest is $4,353.837

Step-by-step explanation:

First year,

p =22350 R = 4.55 T = 1

Interest = PRT/100

= 22350 × 4.55 × 1 / 100

=$1016.925

P = $22350 + $1016.925 = $23366.925

For the 2nd year,

I = $23366.925 × 4.55 × 1 / 100

=$1063.195

p= $23366.925 + $1063.195 = $24,430.12

For the 3rd year,

I = $24,430.12 × 4.55 × 1 / 100

= $1111.57

p = $24,430.12 + $1111.57 = $25,541.68

For the 4th year;

I = $25541.68 × 4.55 × 1 / 100

= $1,162.147

P = $ 25541.69 + $1,162.147 = $26,703.837

Therefore th ending balance is $26,703.837

Her compound interest is , $26,703.837 - $22350 =$4,353.837


Related Questions

(tech question)

which option will allow a user to select multiple items at random, rather than all in order?

A - Hold Ctrl + right + click
B - Triple-click
C - Double-click
D- Hold Ctrl + click

Answers

To select multiple items at random keep the Ctrl key pressed and select your items. The answer is D.

In a study of government financial aid for college​ students, it becomes necessary to estimate the percentage of​ full-time college students who earn a​ bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.03 margin of error and use a confidence level of 95​%. Complete parts​ (a) through​ (c) below.


A.) Assume that nothing is known about the percentage to be estimated.

n=


B.)Assume prior studies have shown that about 55%
of​ full-time students earn​ bachelor's degrees in four years or less.

n=

c. Does the added knowledge in part​ (b) have much of an effect on the sample​ size?

Answers

The sample size needed to estimate the population proportion of a data within a margin of error, M, to a confidence level of 1 - α, with a previous population proportion estimate, p, is given by:

[tex]n=p(1-p)\left( \frac{z_{\alpha/2}}{M} \right)^2[/tex]

Part A:

Given a margin of error of 0.03 a confidence level of 95​%. Since we have know prior knowledge of the proportion estimate, we make use of the consevartive proportion estimate of 50% or 0.05.

[tex]z_{\alpha/2}[/tex] for 95% confidence is 1.96.

Therefore, the required sample size is given by

[tex]n=0.5(1-0.5)\left( \frac{1.96}{0.03} \right)^2 \\ \\ =0.5(0.5)(65.33)^2=0.25(4,268) \\ \\ =1,067.11[/tex]

Therefore, the required sample size is 1,068.



Part B:

Given that prior studies have shown that about 55% of​ full-time students earn​ bachelor's degrees in four years or less.

Thus, p becomes 55% = 0.55 and the required sample size is given by

[tex]n=0.55(1-0.55)\left( \frac{1.96}{0.03} \right)^2 \\ \\ =0.55(0.45)(65.33)^2=0.2475(4,268) \\ \\ =1,056.44[/tex]

Therefore, the required sample size is 1,057.



Part C:

When we dont know the additional infromation (i.e. in part A), we obtained that the required sample size is 1,068 but after we know the information our sample size becomes 1,057.

Though there is a difference between both sample sizes but the difference is not much and hence, the knowledge of the additional information does not have much of an effect on the sample size.

The required sample size is [tex]1,068[/tex]

A) Significance Level, [tex]\alpha = 0.05[/tex], Margin of Error,[tex]E=0.03[/tex]

The provided estimate of proportion p is, [tex]p=0.5[/tex]

The critical value for significance level, [tex]\alpha = 0.05[/tex] is [tex]1.96[/tex].

The following formula is used to compute the minimum sample size required to estimate the population proportion p within the required margin of error:

[tex]n>=p(1-p)\dfrac{Z_c}{E^2}^{2}[/tex]

Put Values , we get

[tex]n=0.5(1-0.5)\dfrac{1.96}{0.03^2}^{2}\\\\n=0.5(0.5)(65.33)^2\\\\n=0.25(4,268)[/tex]

[tex]n=1067.11[/tex]

Therefore, the sample size needed to satisfy the condition [tex]n>=1067.11[/tex] and it must be an integer number, we conclude that the minimum required sample size is [tex]n=1068[/tex]

Sample size, [tex]1068[/tex]

B) Significance Level, [tex]\alpha = 0.05[/tex], Margin of Error,[tex]E=0.03[/tex]

The provided estimate of proportion p is, [tex]p=0.55[/tex]

The critical value for significance level, [tex]\alpha = 0.05[/tex] is [tex]1.96[/tex].

The following formula is used to compute the minimum sample size required to estimate the population proportion p within the required margin of error:

[tex]n>=p(1-p)\dfrac{Z_c}{E^2}^{2}[/tex]

Put Values , we get

[tex]n=0.55(1-0.55)\dfrac{1.96}{0.03^2}^{2}\\\\n=0.55(0.45)(65.33)^2\\\\n=0.2475(4,268)[/tex]

[tex]n=1056.44[/tex]

Therefore, the sample size needed to satisfy the condition [tex]n>=1056.44[/tex] and it must be an integer number, we conclude that the minimum required sample size is [tex]n=1057[/tex]

Sample size, [tex]1057[/tex]

C)The difference between both the part a and b is very less so added knowledge of the extra information does not have much effect on sample size.

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Diep is saving money so he can buy a used car in 12 months. The total cost of the car he wants is $1,450. Diep determines that he needs to save $120 each month to be able to afford the car, as shown below.

mc024-1.jpg

What error did Diep make?
There is a subtraction error. Diep will need to save less than $120 each month.
There is a subtraction error. Diep will need to save exactly $121 each month.
There is a multiplication error. Diep needs to save exactly $120.83 each month.
There is a multiplication error. Diep needs to save an average of mc024-2.jpg each month. Some months he needs to save $120.83 and other months he needs to save $120.84.

Answers

Hello! This problem doesn't have much to do with subtraction. Therefore, A and B are eliminated. There was a multiplication error, but saving just $120.83 won't help, because the average is slightly more than that. Saving that amount will only give him $1,449.96, which is 4 cents short of $1,450. There will be some months he has to save $120.83 and others $120.84. The answer is D.

Answer:

The answer is D. There is a multiplication error. Diep needs to save an average of $120.833... each month. Some months he needs to save $120.83 and other months he needs to save $120.84

Step-by-step explanation:

What is the distance between points (5, 5) and (1, 5) on a coordinate plane

Answers

Answer:
The distance formula can be used to solve this equation.
[tex]d= \sqrt{(x_{1}-x_{2})^2+(y_{1}-y_{2})^2[/tex]
After plugging in all the values you get:
[tex]d= \sqrt{(5-1)^2+(5-5)^2} [/tex]
This simplifies to [tex]d= \sqrt{16} [/tex], so the distance between the two points is 4.

35 birds to 45 birds?

Answers

35:45

7:9 is your ratio

hope this helps

If you want the amount difference, it is an increase by 10 birds

hope this helps
Literally the ratio is in your face bro. 35:45 or 7:9. Hope this helps lol :D

How do u solve this?

Answers

Hello there!

[tex] \frac{k}{2} + 1 - 1k = -2k [/tex]
Simplify
[tex] \frac{1}{2} k +1-k=-2k[/tex]
[tex] \frac{-1}{2} k+1=-2k[/tex]
[tex] \frac{3}{2} k+1=0[/tex]
[tex] \frac{3}{2} k =-1[/tex]
[tex]k=-1* \frac{2}{3} k= -2/3 [/tex]

what is the value of y?
Circle the correct answers. y + 3.5 = 18 y = 14.5 y = 15.5

Answers

y= 18 - 3.5 
y=14.5
hope this helps 
Y = 14.5
Check the answer: 14.5+3.5=18

i will fail please help help  !!!!! what is the greatest common factor of 1260 , 36 and 18

Answers

the common factors would be 2 and 3. 
2 and 3 should be the answer . I'm not very good at these either but I think that is the right answer

A flower bed has the shape of a rectangle 21 feet long and 9 feet wide. What is its area in square yards?

Answers

21 times 9 which equals 189 feet and there are 3 feet in a yard so we do 189 divided by 3 which equals 63 so the answer is 63 square yards.

Brainlist please! :)

Answer:

21 square yards

Step-by-step explanation:

Let's remember that the formula of the area of a rectangle is A = L*W, where L is the length and W the width.

In this case, L = 21 feet and W = 9 feet.

Therefore, A = 21 feet * 9 feet = 189 square feet

We need the answer in square yards. We know that 1 feet equals 1/3 yard (1 feet = 1/3 yard)

As we need square yards, we just square the equation above.

1^2 square feet = (1/3) ^2 square yards

1 square feet = 1/9 square yards

The area is 189 square feet, so we just multiply by 189 on both sides to do the conversion to square yards.

189 square feet = 189*1/9 square yards

189 square feet = 21 square yards

The area of the flower bed is 21 square yards

PLZ help its an easy question

Answers

The answer is B because if you get 5 on the first test then you will have 10 already. if you get at least 1 point on the second then you will have 11 or higher. since the 1st is doubled then the shaded region will retreat by 2 squares for every point less then the maximum you get on the first test.

Answer:

The correct answer is B).

Step-by-step explanation:

Confirming the answer above, which is correct! Happy to help! c:

Solve 8x + 12 = 5x – 6.  Show each step of your work.

Answers

Add 6 to each side
8x+18=5x
Subtract 8x from both sides
18=-3x
Divide by -3
-6=X

Two points on a line are (3,8) and (-3,2). What is the slope of the line

Answers

Slope is the gradient
Equation of the gradient is y2-y1/x2-x1
So 2-8/-3-3 = 1

The slope of the line passing through the points (3,8) and (-3,2) is 1

The slope of the line passing through the points (x₁, y₁) and (x₂, y₂) is given by the formula:

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

where m represents the slope

For the line passing through the points  (3,8) and (-3,2).

x₁ = 3, y₁ = 8, x₂ = -3, y₂ = 2

Substitute x₁ = 3, y₁ = 8, x₂ = -3, y₂ = 2 into the slope formula above

[tex]m = \frac{2-8}{-3-3}\\\\m = \frac{-6}{-6} \\\\m = 1[/tex]

Therefore, the slope of the line passing through the points (3,8) and (-3,2) is 1

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Decorations for school dances take 1/5 of the student council's budget. Entertainment takes 3/10 of the budget. What fraction of the budget is left?

PLEASE INCLUDE STEPS!!!!!

Answers

Just subtract 1/5 from 3/10 and you’ll find your answer
we need to find out the total amount of budget used and then subtract from 1.

first, we need to find 1/5 + 3/10. in order to add these, we need to find a common denominator. because 5 divides 10 evenly, it would be easiest to use 10 as a denominator.

3/10 already has 10 in the denominator, so we don't have to touch it yet.

to get 1/5 to have a denominator of 10, we need to multiply both the top and bottom of the fraction by 2 (because 2 x 5 is 10). we can do this because we're multiplying by 2/2, which is equal to 1. multiplying by 1 does not change the value of the fraction.

1 x 2 = 2, and 5 x 2 = 10, so our new fraction equivalent to 1/5 is 2/10.

now, we can add 3/10 + 2/10. when you add fractions, you add the numerators and keep the common denominators. so 3/10 + 2/10 = (3+2)/10 = 5/10. so 5/10 of the budget has been used.

to find out what fraction is left, we subtract 1 - 5/10. 1 is equal to any number over itself (as we saw earlier with 2/2) so we're subtracting 10/10 - 5/10. this gets us to 5/10. so 5/10 of the budget is left. 5/10 can be reduced to 1/2 in simplest form, since you can divide both 5 and 10 by their greatest common factor, which is 5. so 1/2 of the budget is left.

Why is indirect compensation important to recruiting and retaining employees? (site 1)

Answers

Indirect compensation includes non-wage compensation to employees that are outside of their normal wages or salaries. These benefits may include health insurance, tuition funding, educational opportunities, daycare, vacation, as well as flexible work schedules. They are often not taxable, and provide important assets to companies looking to attract quality employees at different stages in their careers. A good example is health insurance. With the national debate on health care, quality affordable health insurance for employees and their families is a very important tool to attract employees.

Indirect compensations may encompass sales commisons, health, transport, accommodation allowances and so on which aren't included as part of their base salary.

Indirect compensations go a long way assisting employees in different aspects of their personal lives which may not be directly related to work.

A good indirect compensation which caters for transport, housing and medical expenditures seems way more beneficial than a huge base salary without allowances.

Also, indirect allowances such as commission encourages employees to put more effort into sales and marketing since it is based on percentage. Hence, the more they input, the more their earning.

Therefore, indirect allowances are of considerable benefit which is highly considered when choosing an employer.

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Each stone in ally’s collection weighs about 4 ounces her collection weighs about 24 pounds in all about how many stones are in ally’s collection

Answers

96, 16 ounces = 1 lbs(pounds) so you times 24 by 16 and get 384 then you divide by 4 and you get 96.

The total number of stones in Ally's collection is A = 96

What is unit conversion?

In order to translate measurements of a particular amount between different units, a mathematical conversion factor is usually used. This modifies the measurement of the quantity without altering its effects.

The particular circumstances or the intended result control the conversion process. This may be governed by law, a contract, a list of technical specifications, or other publicly available standards.

A precise conversion from one system to another is necessary for some measures in order to maintain the precision of both the original measurement and the conversion.

Based on the connection between a particular pair of original units and a particular pair of target units, each conversion factor is chosen.

Given data ,

Let the weight of the stone be = 4 ounces

And , let the weight of the collection be = 24 pounds

From the unit conversion , we get

1 pound = 16 ounces

So , 24 pounds = 16 x 24 = 384 ounces

And , the number of stones A = 384 ounces / weight of the stone

On simplifying , we get

The number of stones A = 384 / 4 = 96 stones

Hence , the number of stones is 96

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use division to find all the whole number ratios equivalent to 56 :24.

Answers

The equivalent ratios are:
7:3, 14:6, 21:9, 28:12, 35:15, 42:18, and 49:21.

Hope this helps! :D

~PutarPotato

a minor league baseball team plays 114 games in a season. if the team won 14 more than three times as many games as they lost, how many wins and losses did the team have?

Answers

Final answer:

To solve this problem, we can set up an equation. Let L be the number of games lost by the team. We are told that the team won 14 more than three times the number of games they lost, so the number of games won is 3L + 14. The team lost 25 games and won 89 games.

Explanation:

To solve this problem, we can set up an equation. Let L be the number of games lost by the team. We are told that the team won 14 more than three times the number of games they lost, so the number of games won is 3L + 14.

The total number of games played is the sum of the games won and the games lost, which is 114. So we have the equation:

(3L + 14) + L = 114

Simplifying the equation, we get:

4L + 14 = 114

Subtracting 14 from both sides, we have:

4L = 100

Dividing both sides by 4, we find that L = 25.

Therefore, the team lost 25 games. To find the number of wins, we can substitute the value of L into the equation we set up earlier:

3L + 14 = 3(25) + 14 = 75 + 14 = 89.

So the team had 89 wins and 25 losses.

June bought ​ 3 1/2 ​ gallons of white paint at $17.50 per gallon and ​ 1 3/4 ​gallons of blue paint at $19.00 per gallon.

What was her total cost?

Answers

White paint is $17.50 per gallon so 3 1/2 gallons would be
17.50 * 3.5 = 61.25
And then blue paint is $19 per gallon so 1 3/4 gallons would be
19 * 1.75 = 33.25
Now add
61.25 + 33.25 = 94.5
The total cost would be $94.50
Hello there! June buys gallons of paint at different rates. For white paint, she buys 3 1/2 gallons (3.5) at $17.50 per gallon and for blue paint, she buys 1 3/4 gallons (1.75) at $19 per gallon. To solve this problem, let's multiply how much of each paint she bought. 17.5 * 3.5 is 61.25. She paid $61.25 for while paint. 19 * 1.75 is 33.25. She paid $33.25 for blue paint. Now, let's add the prices. 61.25 + 33.25 is 94.5. There. June's total cost for paint was $94.50.

San Francisco has a recycling facility that accepts unused paint. Volunteers blend and mix the paint and give it away in 5-liter buckets. Write and solve an equation to find the number of buckets of paint given away from 30,000 liters that are donated.

Answers

there were 6000 buckets of paint donated

Steve uses an app that shows him how many kilometers he has run to prepare for a marathon. The app said he ran 6.436 kilometers. He wants to post online how many miles he ran. Steve ran ___ miles. (1 mile = 1.609 kilometers)

Answers

7 miles is what Steve ran 

I think its seven good luck.                                                                                              

A three pack of bar soap has a wholesale cost of $1.15. A pharmacy wants to sell this product with a markup of 60%. What are the amounts of the markup and the retail price of a pack of soap?

Answers

The mark up is .69 and the retail would be $1.84
1.15*1.6=1.84

1.84-1.15=0.69

$0.69 mark up

$1.84 retail price

what is the difference between earth's highest mountain and its deepest ocean canyon? what is the difference between mars's highest mountain and its deepest canyon? which difference is greater? how much greater is it?

Answers

The highest mountain on Earth is Mount Everest, and it's 29,029 feet tall. The deepest ocean canyon is Marina Trench and it's -36,069.5 feet. The difference is 65,098.5 feet.

Mount Olympus Mons is 82,021 feet. The deepest canyon on Mars is Valles Marineris, rather a system of canyons, and is 31,680 feet deep. The difference is 50,341 feet.

The greatest difference is the difference between Mt. Everest and Marina Trench. This difference is greater by 14,757.5 feet.

Translate the following sentence into Math symbols, then solve the problem

y more than 4 is -36

Answers

-40 aka y, more than 4 is -36. 
y+4=-36
-4 -4
y = -40

Identify the property used in the first five steps to solve the equation 2(x – 5) - 6x= -22

Answers

To answer this question, you need to multiply the number inside the bracket first. Then you can move the number to the right side of the equal sign and keep the x on the left side of the equal sign. The step would be like this

2(x – 5) - 6x= -22
(2x - 10) - 6x = -22
2x - 6x  = -22 +10
-4x= -12
x= -12/-4
x=3

The sum of the digits of a two-digit number is 6.  If the digits are reversed, the difference between the new number and the original number is 18.  Find the original number

Answers

So:

There are only a few two numbers with a sum of 6. They are:

1 and 5
2 and 4
3 and 3

So basically, there are only three sets of possible two digit + reversed two digit numbers.

3 and 3, we can just eliminate that because it's the same thing both ways around.

1 and 5, the difference between 15 and 51 is way too much.

So therefore it would have to be the pairs of 2 and 4.

Since the difference between the new number and the original number is 18, the new number would have to be 42 and the old one 24.

So the original number would be 24.
suppose the one's digit is x, the ten's digit is y, then the number is 10y+x
when the digits are reversed, the new number is 10x+y
x+y=6 =>x=6-y
(10y+x)-(10x+y)=18
9y-9x=18
y-x=2
replace x with 6-y: y-(6-y)=2 =>y=4
x=6-4=2
so the original number is 42, the new number is 24
or the original number is 24, the new number is 42

Which number can be classified as a terminating decimal number?

A. 0.3214…

B. 0.25313 continuous

C. 0.125739

D. none of the above

Answers

0.125739 is a terminating decimal

Melinda ate breakfast and wanted to leave her waitress a 20% tip her meal cost $7.50 How much money should Melinda leave for the tip

Answers

$1.50. Just divide $7.50 by $0.20 and you get the answer.
Melina should leave a $1.5 tip.

To find the answer, simple use the equation, 100x = $7.50 • 20.

From the set {70, 20, 15}, use substitution to determine which value of x makes the equation true.
5x = 75

help please god bless

Answers

X=15

Just divide 5x by 5 and 75 by 5

Ken wants to rent a car for a week and pay no more than $130. How far can he drive if the car rental costs $94 a week plus $0.40 a mile?

Answers

235$ I think I may not be right but that's what I think
0.4m+94=130
subtract 94 to both sides
0.4m=36
divide both sides by 0.4
m=90

the distance (m) he could drive would be 90 miles

What value does the 3 represent in the number 23,780,641

Answers

the three is in the million section.

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