what would be the value of 150 after eight years if you earn 12 percent interest per year

Answers

Answer 1
The answer depends on what type of interest. If you are using compound interest, then the interest is different every year, as the amount you earn goes up because the amount you have in the bank goes up. Simple interest is the opposite, as you earn one amount each year, and it does not change.
So.....
Simple Interest:
0.12 * 150 = 18
18 * 8 = 144
144 + 150 = $294
Compound Interest:
150(1 + 0.12)^8
150 * 1.12^8
150 * 2.475 = $371
Answer 2

Answer:

$371.3944

Step-by-step explanation:

Principal = 150

Time = 8 years

Rate of interest = 12% = 0.12

No. of compounds per year = n = 1

Formula: [tex]A=P(1+\frac{r}{n})^{nt}[/tex]

Where A is the amount

P is the principal

r is the rate of interest in decimals

t = time in years

n = no. of compounds per year

Substitute the values in the formula :

[tex]A=150(1+\frac{0.12}{1})^{8}[/tex]

[tex]A=371.3944[/tex]

Hence the value of 150 after eight years if you earn 12 percent interest per year is $371.3944


Related Questions

A catering service offers 8 appetizers, 11 main courses, and 4 desserts. A banquet chairperson is to select 5 appetizers, 9 main courses, and 2 desserts for a banquet. In how many ways can this be done?

Answers

[tex]C(n, r)= \frac{n!}{r!(n-r)!} [/tex] is the formula that calculates the total number of ways that r objects can be selected out of n.

where r!=1*2*3*...*(r-1)*r

for example 

[tex]C(8, 5)= \frac{8!}{5!3!}= \frac{8*7*6*5!}{5!*3!}= \frac{8*7*6}{3*2*1}=8*7=56 [/tex] is the total number of ways we can pick 5 objects out of 8.

similarly 

[tex]C(11, 9)= \frac{11!}{9!2!}= \frac{11*10*9!}{9!*2}= \frac{11*10}{2}=55 [/tex]

[tex]C(4, 2)= \frac{4!}{2!2!}= \frac{4*3*2*1}{2*2}=6 [/tex]

This means that there are 56 ways of picking the appetizers, 55 ways of picking the main courses and 6 ways of picking the desserts.

Since any of the selections of the different meals, can be combined with any selections of the other 2 meals, there are :

56*55*2=6160 ways, of selecting the 3 types of meals.

Answer: 6160

given (x-1)^2=50, select the values of x

A. x = -49
B. x = 51
C. x = 1+5√2
D. x = 1-5√2

Answers

(x-1)² = 50
x-1 = ±√50

x-1 = -5√2   or   x-1 = 5√2
x = 1-5√2          x = 1+5√2


Value of x is 1 + 5√2

Given that;

(x - 1)² = 50

Find:

Value of x

Computation:

(x - 1)² = 50

By taking square root both side

x - 1 = √50

x - 1 = 5√2

x = 5√2 + 1

x = 1 + 5√2

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FIRST CORRECT ANSWER GETS BRAINLIEST

Answers

We will check each option whether it's correct or not

Option 1:
P(A|C) = P(A∩C) ÷ P(C) = (6/59) ÷ (21/59) = 2/7 

Option 2: 
P(C|B) = P(C∩B) ÷ P(B) = (3/59) ÷ (27/59) = 1/9

Option 3: 
P(A) = 31/59

Option 4:
P(C) = 21/59

Option 5:
P(B|A) = P(B∩A) ÷ P(A) = (5/59) ÷ (31/59) = 5/31

The correct answer is OPTION 3: P(A) = 31/59
 

The figure below shows a rectangular prism and a cube: How many such cubes are required to completely pack the prism without any gap or overlap? the length is 6in. width is 5/6 and the height is 1 2/6 the cube side is 1/6

Answers

The volume of the prism = 6 * 5/6 * 8/6  =   240/36   in^3

No. of cube  = 240 / 36  / 1/6
                    = 240 * 6 / 36
                    = 240 / 6
                    = 40 

The number of cubes should be 1.440.

The calculation is as follows:

Calculate the volume of each shape is as follows:

Volume of rectangle = [tex]6 \times 5\div 6 \times 1\ 2\div 6 = 6\ 2\div 3[/tex] cubic inches.

And,

Volume of cube =[tex] 1\div6 \times 1\div6 \times 1\div6 = 1\div216[/tex] cubic inch.

Now

divide the volume of the rectangle by the volume of the cube:

So,

[tex]= (6\ 2\div 3) \div (1\div 216)[/tex]

= 1.440

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Question: Rationalize the denominator

Answers

#9 see picture for answer

Which conversions from scientific notation to standard notation are true? Check all that apply.

Answers

Answer:

The correct conversion from scientific notation to standard notation are:

            b)   [tex]8.05\times 10^5[/tex]

            e)   [tex]7.09\times 10^{-6}[/tex]

Step-by-step explanation:

We know that when we have  a power of 10 as positive then the decimal is shifted to the right and if the power of 10 is negative then we shift the decimal to the left.

a)

         [tex]1.71\times 10^3[/tex]

As the power of 10 is positive hence we shift the decimal to the right 3 places.

Hence, the conversion is:

         [tex]1.71\times 10^3=1710[/tex]

b)

           [tex]8.05\times 10^5[/tex]

Again the power of 10 is positive and hence we will shift the decimal 5 places to the right and the conversion is done as follows:

        [tex]8.05\times 10^5=805000[/tex]

c)

       [tex]2.4\times 10^4[/tex]

Since, the power of 10 is positive and hence we will shift the decimal 4 places to the right and we convert the number to standard notation as:

      [tex]2.4\times 10^4=24000[/tex]

d)

           [tex]8.25\times 10^{-3}[/tex]

Since, the power of 10 is negative and hence we will shift the decimal 3 places to the left and we convert the number to standard notation as:

        [tex]8.25\times 10^{-3}=0.00825[/tex]

e)

             [tex]7.09\times 10^{-6}[/tex]

Since, the power of 10 is negative and hence we will shift the decimal 8 places to the left.

Hence, we convert our number to standard notation:

[tex]7.09\times 10^{-8}=0.00000709[/tex]

It is accurate to convert scientific notation to standard notation in the following ways:

B [tex]8.05x10^5=805,000[/tex]

C [tex]2.4x10^4= -24,000[/tex]

E [tex]7.09x10^-^6=0.0000070[/tex]

To solve this problem

Firstly, Let's evaluate each conversion one by one:

[tex]1.71x 10^3=0.00171[/tex]

This conversion is not true. The correct value of[tex]1.71x 10^3[/tex] is 1710.

[tex]8.05x10^5=805,000[/tex]

This conversion is true.

[tex]2.4x10^4= -24,000[/tex]

This conversion is true.

[tex]8.25x10^-^3=-8,250[/tex]

This conversion is not true. The correct value of [tex]8.25x 10^-^3[/tex] is 0.00825.

[tex]7.09x10^-^6=0.0000070[/tex]

This conversion is true.

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A triangle can be formed with side lengths 5, 7 and 10. True or False

Answers

It will be true because they satisfy the rule of triangle sides:

If triangle has sides a, b and c, it should be true:

a + b > c
a + c > b
b + c > a

Explain the method for determining the correct degree and classification of a polynomial?

I think it is Monomials, Binomials and Trinomials

am i correct?

Answers

For determining the correct degree of a polynomial, you need to look at each term and find the degree by adding the exponents of each variable in it. The largest degree is the degree of the polynomial.

Classification by the number of terms:
monomial (1 term)
binomial  (2 terms)
trinomial  (3 terms)
polynomial (four or more terms).

How does the area of triangle RST compare to the area of triangle LMN? The area of △RST is 2 square units less than the area of △LMN. The area of △RST is equal to the area of △LMN. The area of △RST is 2 square units greater than the area of △LMN. The area of △RST is 4 square units greater than the area of △LMN.

Answers

Inscribe triangle RST in the square with dimensions 4×4, as shown in the figure. 

from the area of this square, 4*4=16, we remove the triangles with dimensions 
3×4, 2×1 and 2×4, whose side lengths are shown in the figure, and we are left with the area of triangle RST.


so [tex]Area(RTS)=16- \frac{1}{2}*3*4- \frac{1}{2}*2*1- \frac{1}{2}*2*4=16-6-1-4=5[/tex] units squared

similarly, 

[tex]Area(LMN)=4*3- \frac{1}{2}*1*4- \frac{1}{2}*2*2- \frac{1}{2}*2*3=12-2-2-3=5[/tex] units squared

Thus, the areas are equal.

The answer would be B

The profit on the sale of a small bag of popcorn is $1, while the profit on the sale of a medium bag of popcorn is $2. The Glee Club expects to sell fewer than 100 total bags of popcorn, but they hope to make more than $100 in profit. The system that represents this is s+m<100 and s+2m>100. The graph of the boundary lines is shown below. Which regions should be shaded (to form the solution)?

Answers

Assume the graph is drawn with m as the x-axis, and s as the y-axis.  If it is drawn the other way, it would be just a reflection about the x=y line.
There are two unspecified but implicit conditions, namelym>=0 and s>=0, which correspond to the m- and s-axes (horiz. & vert.) when equality holds in either case.
s+m<100 is a solid line at 45 degrees intersecting the m- and s-axes at (0,100), and (100,0) respectively.
s+2m>100 is a solid line with slope -2 intersecting the axes at (0,50) and (100,0).
The feasible region (shaded) is between the two lines, but above the horizontal axis.
If the graph is drawn the other way, the feasible region is between the two lines, and to the right of the vertical axis.
If we let s be the y axis, and m be the x axis.

s+m<100

s<100-m  (0<m<100)

...

s+2m>100

s>100-2m  (0<m<100)

....

Taken together we have:

100-2m<s<100-m

And 0<s<100

So you would end up with a region bounded by s=100-2m on the left,  s=100-m on the right, (the lines themselves are not part of the solution set) a vertical line m=1 and a horizontal line s=1.  Hopefully you can visualize that from your answer choices. :)

And as the other poster pointed out, if the axis are reversed you will of course have this area rotated about the 45° line y=x.

Find the midpoint of the segment between the points (15,3) and (2,-14)

Answers

They midpoint is (17/2, -11/2) next time you can use the midpoint formula which is (x1+x2)/2 and (y1+y2)/2, x1 stands for the first x point which is 15 and x2 stands for the second x point 2, the same thing for y1 and y2

PLEASE HELP I'M BEING TIMED!!!!


if the diameter of a youth softball is 3.5 inches and the diameter of an adult softball is 3.8 inches, what is the approximate difference in their volumes? Use 3.14 for pi . Round to the nearest tenth of a cubic inch.

Answers

6.3
use the equation 4/3 *r^3 *pi for each, then find the difference

The equation A=p(1+r)^t can be used to calculate compound interest on a savings account. A = future balance, p = current balance, r = rate of interest, and t = time in years. If you deposit $2,000 at 10% each year, how much money will be in your account in 10 years

Answers

Final answer:

Using the formula for compound interest, if you deposit $2,000 at 10% each year, the future balance in your account after 10 years would be approximately $5,187.12. This is due to the effect of compounding where the interest is calculated on both the principal and the accumulated interest.

Explanation:

The subject of this question is compound interest which is a Mathematics topic typically covered in High School. The formula A=p(1+r)^t is used to calculate the future balance in your savings account considering compound interest. Here, 'A' represents the future balance, 'p' is the current principle or balance, 'r' is the rate of interest, and 't' is time in years.

To answer your specific question: If you deposit $2,000 at a 10% rate each year, how much money will be in your account in 10 years? Let's plug the numbers into the formula. In this case, p=$2000, r=0.10 (as 10% equals 0.10 in decimal), and t=10 years.

So, A = 2000*(1 + 0.10)^10. Solving this, the future balance in your account after 10 years would be approximately $5,187.12. This is significantly more than simple interest ($100 × 0.05 × 3 = $15 in your example) due to the effect of compounding, as the interest is calculated on the principal plus the accumulated interest.

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What is the distance from (−3, 1) to (−1, 5)? Round your answer to the nearest hundredth.
A.3.60
B. 4.12
C.4.47
D.5.66
pls

Answers

Answer:

c 4.47

Step-by-step explanation:

got it right on my test

The distance from (−3, 1) to (−1, 5) is 4.47

What is slope of line?

Slope of line is defined as the angle of line.  

The distance between two points is found by

[tex]d = \sqrt{( (x_2-x_1)^2 + (y_2-y_1)^2)}[/tex]

[tex]d = \sqrt{ ( (-1--3)^2 + (5-1)^2)}[/tex]

[tex]d=\sqrt{( (2)^2 + (4)^2)}[/tex]

[tex]d=\sqrt{(4+16)}[/tex]

[tex]d=\sqrt{(20)}[/tex]

d = 4.472135955

Rounding to the nearest hundredth

d = 4.47

Hence,  the distance from (−3, 1) to (−1, 5) is 4.47

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Between what pair of numbers is the product of 289 and 7?

Answers

Because 289 is between 200 and 300, the product of 289 and 7 is between 200 x 7 and 300 x 7.

Therefore, the product of 289 and 7 is between 1,400 and 2,100.

A mountain climber explored a cliff that is 225 yards high in 5 equal trips. How many yards was one trip?

Answers

225 yards/ 5 trips = 45 yards per trip.

Final answer: 45 yards
Answer: 225/5 = 45 yards

A line passes through (2, –1) and (8, 4). a. Write an equation for the line in point-slope form. b. Rewrite the equation in standard form using integers

Answers

Final answer:

The slope for a line passing through two points can be found using the formula m = (y2 - y1) / (x2 - x1). By substituting the given points into the formula, the slope for the line passing through (1, 0.1) and (7, 26.8) is found to be 4.5.

Explanation:

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

m = (y2 - y1) / (x2 - x1)

To find the slope for the given points (1, 0.1) and (7, 26.8), we can substitute the values into the formula:

m = (26.8 - 0.1) / (7 - 1) = 4.5

Therefore, the slope for the line passing through the given points is 4.5.

Final Answer:

a. The equation for the line in point-slope form is [tex]\( y + 1 = \frac{5}{6}(x - 2) \).[/tex]

b. The equation in standard form is ( 5x - 6y = 16 ).

Explanation:

a. To find the equation of the line in point-slope form, we use the formula [tex]\(y - y_1 = m(x - x_1)\)[/tex], where (m) is the slope and [tex]\((x_1, y_1)\)[/tex] is a point on the line. Given the points (2, -1) and (8, 4), we can calculate the slope (m) as [tex]\(\frac{{y_2 - y_1}}{{x_2 - x_1}}\)[/tex]. Substituting the values, we get:

[tex]\[ m = \frac{{4 - (-1)}}{{8 - 2}} = \frac{5}{6} \][/tex]

Now, using the point-slope form, we substitute the values for (m) and [tex]\((x_1, y_1)\)[/tex]:

[tex]\[ y + 1 = \frac{5}{6}(x - 2) \][/tex]

b. To convert the equation to standard form, we want to eliminate fractions and express it as (Ax + By = C), where (A), (B), and (C) are integers. Multiply both sides of the equation by 6 to clear the fraction:

6(y + 1) = 5(x - 2)

Distribute the terms:

(6y + 6 = 5x - 10)

Bring all terms to one side:

[ 5x - 6y = 16 ]

So, the equation in standard form is (5x - 6y = 16). This form is preferred for certain applications, making it easier to identify coefficients and intercepts.

answer both questions if you cant see all the answers its fine all u need is the question

Answers

The circumference of Leon's trash can is 76.245 inches
The line segment that could be the diameter is line segment FK

2/9 divided by 5/12?
Please simplify in its simplest form

Answers

   2/9 ÷ 5/12
= 2/9 × 12/5            Reciprocal of 5/12
= 2×12 / 9×5           Multiply num. by num. and denom. by denom.
= 24 / 45                 Find LCD
= 24 ÷ 3 / 45 ÷ 3     Divide num. and denom. by LCD to simplify.
= 8 / 15

Therefore the answer is 8/15

2/9 divided by 5/12 simplifies to 2/15

Here we have to divide,

2/9 divided by 5/12

To divide fractions,

We have to flip the second fraction and multiply it by the first fraction. This gives us,

⇒ (2/9) ÷ (5/12) = (2/9) x (12/5)

We can simplify this expression by canceling out any common factors between the numerators and denominators.

In this case,

2 and 12 have a common factor of 2, while 9 and 5 don't have any common factors. This gives us,

⇒ (2/9) x (12/5) = 24/45

To express this fraction in its simplest form,

we can divide both the numerator and denominator by their greatest common factor, which in this case is 3.

This gives us,

6/45 = (24 ÷ 3) / (45 ÷ 3)

        = 8/15

Therefore, 2/9 divided by 5/12 simplifies to 8/15.

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Mrs. Ming invested an amount of money in two accounts for one year. She invested some at 8% interest and the rest at 6% interest. Her total amount invested was $1,500. At the end of the year, she had earned $106.40 in interest. How much had Mrs. Ming invested in the account paying 6%? $117 $680 $760 $820

Answers

0.06x+0.08 (1500-x)=106.4
Solve for x
0.06+120-0.08x=106.4
0.06x-0.08x=106.4-120
-0.02x=-13.6
X=13.6÷0.02
X=680 invested at 6%

Answer:

The correct option is B) $680.

Step-by-step explanation:

Consider the provided information.

Her total amount invested was $1,500. At the end of the year, she had earned $106.40 in interest.

Let she invested x amount with 8% interest rate.

Total amount she invested was $1,500, thus the amount she invested with 6% interest rate was 1500-x.

Total interest she earn was $106.40

Write this information into mathematical form.

[tex]x\times \frac{8}{100}+\frac{6}{100}(1500-x)=106.40[/tex]

[tex]x\times 0.08+0.06(1500-x)=106.40[/tex]

[tex]0.08x+90-0.06x=106.40[/tex]

[tex]0.08x-0.06x=106.40-90[/tex]

[tex]0.02x=16.4[/tex]

[tex]x=820[/tex]

Hence, she invested $820 with 8% interest rate.

The amount she invested with 6% interest rate was 1500-x.

Substitute the value of x in above.

1500-820=680

Hence, she invested $680 with 6% interest rate.

The correct option is B) $680.

11 POINTS GUYS PLZ
Answer 12 and 14

Answers

12) 10.77 + 2.09 + 0.75 = 13.61

13.61 x 1.07 = $14.56

 total amount = $14.56


14) C shows the possible combinations

What is the next value 1I2L3F4

Answers

The given terms can be divided into two sections. First section is for the numbers and the second one for the letters.

1st section:    1, 2, 3, and 4
2nd section:    I, L, F


I is the 9th letter in the alphabet, L is the 12th letter, and F is the 6th letter in the alphabet. 

The pattern observed:
                    I to L:    12 - 9 = 3
                    L to F:    6 - 12 = -6

Next letter should be +9. This means that the letter should be 9 places higher than F. The letter should be O which is the 15th letter. 

Brian is selling cookies at a bake sale. He earns $2.75 for each bag of cookies he sells. Write an equation to represent this scenario.

Find the Unknown that you're looking for. What is happening to that variable?

Answers

Let C equal bags of cookies
Let M equal money earned

2.75c=m

Probably not enough sorry if it isn't

The profit function for a new product is given by p(x) = -4x^2+28x-40, where x is the number sold in thousands. How many items must be sold for the company to break even?

Answers

The break even point is when profit is equal to zero, or in this case when p(x)=0

4x^2-28x+40=0

4(x^2-7x+10)=0

4(x^2-2x-5x+10)=0

4(x(x-2)-5(x-2))=0

4(x-5)(x-2)=0

So the break even points are when x=2 and 5, which is when 2000 and 5000 units are sold.

Final answer:

The company must sell either 2,000 or 5,000 items to break even, as determined by setting the profit function to zero and factoring the resulting quadratic equation.

Explanation:

To determine how many items must be sold for the company to break even, we need to set the profit function p(x) equal to zero and solve for x. In this case, the profit function is given by p(x) = -4x^2 + 28x - 40. Setting this to zero, we have:

-4x^2 + 28x - 40 = 0

Now, we need to solve this quadratic equation for x. To do this, we can factor the equation, use the quadratic formula, or complete the square. Since the coefficients are manageable, we'll try to factor first:

-4(x^2 - 7x + 10) = 0

Let's look for two numbers that multiply to 10 and add up to 7, which are 5 and 2. We can now factor further:

-4(x - 5)(x - 2) = 0

From the factored form, we get two potential solutions for x when the profit is zero:

x = 5

x = 2

Since x represents the number of items sold in thousands, the company must sell either 2,000 or 5,000 items to break even.


The weight of a full steel bead tire is approximately 800 grams, while a lighter wheel weighs only 700 grams. What is the weight of each tire in pounds? There are 453.592 grams in one pound. Round answers to 2 decimal places.
800 grams =
pounds
700 grams =
pounds

Answers

The tires have to be divided. so 800/453.592, and 700/453.592. So...

800= 1.76
700=1.54

The weight of each tire in pounds is approximately:

Full steel bead tire: 1.76 pounds.

Lighter wheel: 1.54 pounds.

Given that the weight of a full steel bead tire is approximately 800 grams, while a lighter wheel weighs only 700 grams.

We need to convert the weights into pound.

To convert the weight of each tire from grams to pounds, we'll use the conversion factor that there are 453.592 grams in one pound.

Weight of a full steel bead tire in pounds:

800 grams x (1 pound / 453.592 grams) ≈ 1.76 pounds

Weight of a lighter wheel in pounds:

700 grams x (1 pound / 453.592 grams) ≈ 1.54 pounds

Rounded to 2 decimal places:

Weight of a full steel bead tire = 1.76 pounds

Weight of a lighter wheel = 1.54 pounds

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Is it possible to represent the number 203 as a sum of several whole numbers such that their product is also equal to 203?

Answers

No. Because the product of 203 cannot be formed because there is nothing that can be multiplied to form 203 (except for decimals/fractions). 203 is not divisible by any number except 1 and 203, so it is not possible no matter what whole numbers in a sum you get.

The price of a share of stock started the day at $37. During the day it went down $3, up $1, down $7 and up $4. What was the price of a share at the end of the day

Answers

It started at $37.

It went down $3.
37 - 3 = 34

It went up 1.
34 + 1 = 35

It went down 7.
35 - 7 = 28

It went up 4.
28 + 4 = 32

The price at the end of the day was $32.

Your running speed is 8.5 miles per hour. A greyhound dog's speed is about 4.5 times faster than yours. What is the dog's speed?

Answers

The dog's speed is 38.95 miles per hour. Its easy! Just multiply 8.5 by 4.5 You get 38.25.
The dogs speed is about 38.25 miles per hour. Multiply your speed times the dogs about speed and you get 38.25

Simplify 3 square root of 5 end root minus 2 square root of 7 end root plus square root of 45 end root minus square root of 28.

a.2 square root of 12
b.2 square root of 2
c.6 square root of 5 end root minus 4 square root of 7
d. 6 square root of 10 end root minus 4 square root of 14

Answers

The answer is C. Hope I helped!

Answer: Simplifying the square roots and adding the similar square roots the answer is option c. 6 square root of 5 end root minus 4 square root of 7


Solution:

3√5-2√7+√45-√28

45=9*5 and 28=4*7. Replacing in the equation above:

3√5-2√7+√(9*5)-√(4*7)

Using √(a*b)=√a√b

3√5-2√7+√9√5-√4√7

√9=3 and √4=2. Replacing in the equation above:

3√5-2√7+3√5-2√7

Adding similar square roots:

(3+3)√5+(-2-2)√7=

(6)√5+(-4)√7=

6√5-4√7




One lap around a dirt track is 1/3 mile. It takes Bryce 1/9 hour to ride one lap. What is Bryce's unit rate, in miles, around the track?

Answers

3 miles per hour, or 1 mile per every 1/3 hour
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