A newly hired lawyer receives a $15,000 signing bonus from a law firm and invests the money in a savings account at 4.75% interest. After 42 months, the lawyer checks the account balance. Part A: Calculate the interest earned, to the nearest dollar, if the interest is compounded quarterly. Show all work. (2 points) Part B: Calculate the interest earned, to the nearest dollar, if the interest is compounded continuously. Show all work. (2 points) Part C: Using the values from Part A and Part B, compare the interest earned for each account by finding the difference in the amount of interest earned. (1 point)

Answers

Answer 1

The amount when compounded quaterly and compounded continuously will be $16,979.44 and $17,713.02. And the difference is $733.58

What is continuous compounding?

Theoretically, long-term average interest means that interest is continuously earned on a current account as well as reinvested into the balance to increase future interest earnings.

The equation is given as,

\(\rm P=P_o \times e^{rt}\)

The initital amount is $15,000 and the interest rate is 4.75% annually.

A. If the interest is compounded quarterly. Then the amount is given as,

\(\rm A = \$15,000 \times \left (1 + \dfrac{0.0475}{4} \right)^{42/4}\)

A = $15,000 x 1.1319

A = $16,979.44

B. if the interest is compounded continuously. Then the amount is given as,

\(\rm A = \$ 15,000 \times e^{0.0475 \times (42 / 12)}\)

A = $15,000 x 1.1808

A = $17,713.02

C. The difference in the amount of interest earned is given as,

Differenece = $17,713.02 - $16,979.44

Differenece = $733.58

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Related Questions

Find the measure of the angle to the nearest degree. Make sure to include your steps. PLEASE I NEED HELPPPP FASTT

a) sin A = 0.6018
b) cos B = 0.9205
c) tan C = 0.0349

Answers

Answer:

Sure, I can help with that! Here are the steps to solve each problem:

a) Since sin A = 0.6018, we can use the inverse sine function (sin^-1) to find the measure of angle A. Taking the inverse sine of 0.6018 gives us 37.19 degrees rounded to the nearest degree.

b) Since cos B = 0.9205, we can use the inverse cosine function (cos^-1) to find the measure of angle B. Taking the inverse cosine of 0.9205 gives us 23.06 degrees rounded to the nearest degree.

c) Since tan C = 0.0349, we can use the inverse tangent function (tan^-1) to find the measure of angle C. Taking the inverse tangent of 0.0349 gives us 2.00 degrees rounded to the nearest degree.

I hope that helps! Let me know if you need any further assistance.

Five girls and two boys are standing in a line randomly. What is the probability that two boys are next to each other?

Answers

Answer: The fraction 2/7

========================================================

Explanation:

Let's say the teacher pulls the two boys out of the line, and stands in their place. So we have 5 girls and 1 teacher making 6 people total.

There are 6! = 6*5*4*3*2*1 = 720 different permutations here. Order matters. This involves the teacher, so let's have him/her step out of the line and have the two boys replace the teacher's position. This guarantees the boys stick together. For any permutation, we have 2 different ways to arrange the boys. So we have 2*720 = 1440 different ways to arrange the students so that the two boys are next to each other.

This is out of 7! = 7*6*5*4*3*2*1 = 5040 different permutations overall (we're arranging 5 girls+2 boys = 7 people).

The probability we're after is going to be 1440/5040 = 2/7

--------

Or you could see it like this

1440 = 2*6!

5040 = 7! = 7*6!

So,

1440/5040 = (2*6!)/(7*6!)

1440/5040 = 2/7

the highest point in alberta is Mount Columiba. Mount Columbia is aboutn 4 3-5 times as high as the highest point in New brunswick, Mount Carleton. Mount Carleton is about 5 3-4 times as high as the highest point in Prince Edward island. Compare and the height of Mount Columbia with the height of the highest point in Prince Edward Island

Answers

Step-by-step explanation:

I suppose those are fractions.....

columbia = 4  3/5 carleton    <===  columbia /(4 3/5 ) = carleton

carleton = 5 3/4 edward   <=== sub in the value of carleton (above)

columbia / ( 4 3/5) = 5 3/4 edward       multiply both sides by  4  3/5

columbia =  4  3/5  * 5  3/4   edward

                = 23/5  * 23/4 edward = 26  9/20 edward  (simplified)

( as an aside, I looked up Prince Edward Island high point = 499 ft

      so Mount Columbia = 26  9/20 ( 499) = ~13 199 ft above sea level)

A tourist can bicycle 26 miles in the same time as he can walk 6 miles. If he can ride 10 mph faster than he can walk, how much time should he allow to walk a 25-mile trail

Answers

Answer:

It would take him 3 miles to talk a 25-mile trail

Step-by-step explanation:

Find SR. Help to tell me if I am correct or wrong.

Find SR. Help to tell me if I am correct or wrong.

Answers

Answer:

7

Step-by-step explanation:

R is mid point of IJ and S is midpoint of KJ.

So RS is half of IK.

2x-5=1/2(x+8)

4x-10=x+8

4x-x=8+10

3x=18

x=18/3=6

SR=2x-5=2(6)-5=12-5=7

A triangle has angle measurements of 146°, 24°, and 10°. What kind of triangle is it?


plsssssssssssss help
it is either 1. acute
2.obtuse
3.right

Answers

Answer:

I think its obtuse but I'm not sure

Answer:

it's obtuse because one of the angle is obtuse and other two are acute so it's obtuse angles triangle

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The accompanying table contains the individual demand schedules of dark chocolate for Vanessa and Angela. Assuming
they are the only people in the market for dark chocolate, place each of their individual demand curves and the market
demand curve at the correct locations on the accompanying graph.
Price of dark
Pounds of dark chocolate Pounds of dark chocolate
chocolate
demanded by Vanessa
demanded by Angela
(per pound)
$8
1
3
%
IMG 90
00%
$1
3
5
orrect
0%
Market for Dark Chocolate
10
0%
Vanessa
Angela
Market
9
0%
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Answers

Huh??! The steps are you kidding me??

Select the correct answer from each drop-down menu. The inequality 5m − 7 > 16 holds true for all numbers _ than _ in the set {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}.

Answers

The values of {m} that is greater than 4.6 represent the solution of the given inequality.

An inequality is used to compare two or more expressions or numbers.

For example -

2x > 4y + 3

x + y > 3

x - y < 6

The given inequality is -

5m - 7 > 16

Adding 7 on both sides, we get -

5m - 7 + 7 > 16 + 7

5m > 23

m > 23/5

m > 4.6

Therefore, the values of {m} that is greater than 4.6 represent the solution of the given inequality.

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find the ordered pair ​

find the ordered pair

Answers

The ordered pair that is a solution of the system is (-3, -3), the second option.

Which ordered pair is a solution of the system of inequalities?

There are two ways of finding this.

You can use your graph and identify which of the given pointes lies in the region where the two shaded areas intersect.

Another way, is replacing the values of the coordinate points in both inequalities and checking that both are true when evaluated in the point.

Here we will use the graph, because you already had it (and you can see a more precise graph in the image at the end).

We can see that the region os solutions is on the left side of the graph, and the only point that lies on there is (-3, -3)

So that point is the solution.

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find the ordered pair

The perimeter of the triangle shown is 456 inches. Find the length of each side

The perimeter of the triangle shown is 456 inches. Find the length of each side

Answers

Answer:

x inches = 46 inches

2x inches = 92 inches

(7x - 4) inches = 318 inches

Step-by-step explanation:

The perimeter of the triangle is the sum of all three sides. Therefore,

x + 2x + (7x - 4) = 456 inches

10x - 4 = 456

10x = 460

x = 46 inches

Now, we find the other remaining sides.

2x inches = 2(46) inches = 92 inches

(7x - 4) inches = (7(46) - 4) inches = (322 - 4) inches = 318 inches

So, the final answer is

x inches = 46 inches

2x inches = 96 inches

(7x - 4) inches = 318 inches

Help ASAP!! I’m confised and need help. What is angle 1 in the picture called?? Thanks!!

Help ASAP!! Im confised and need help. What is angle 1 in the picture called?? Thanks!!

Answers

Answer:

obtuse angle

Step-by-step explanation:

as it is angle 1 is greater than 90

What is the equation that has a slope of -4 and passes through the coordinates (-4,14)

Answers

Answer:

y=-4x-2

Step-by-step explanation:

y-y1=m(x-x1)

y-14=-4(x-(-4))

y-14=-4(x+4)

y=-4x-16+14

y=-4x-2

(3)(−4)(2) multiply
the answers:
−48
−24
24
48

Answers

Answer:

-24

Step-by-step explanation:

i think -24 is the answer

Number of sheets: 55 A) 10-1 What is the ratio of the total height in millimeters of 2 mm thick paper to the total height in millimeters of 23 mm thick papers? Number of papers: 56 B) 10-2 C) 10-3​

Answers

If the number of papers is 56, the ratio of the total height in millimeters of 2 mm thick paper to the total height in millimeters of 23 mm thick paper is 2:23.

What is the ratio?

The ratio is the relative size of two comparable quantities, values, or numbers.

Ratios are computed as the quotients of one value (the numerator) and another (the denominator).

We can depict ratios as decimals, fractions, percentages, or in their standard forms (:).

The total height in millimeters of 2 mm thick paper = 112 mm (56 x 2)

The total height in millimeters of 23 mm thick papers = 1,288 mm (56 x 23)

Ratio = 0.0869 (112 ÷ 1,288) or 2/23 or 8.69%.

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Part C
Find the average and margin of error for each of the following: the entire sample, 1950s records, 1960s records, 1970s records, Company A records, Company B records, and Company C records.

Part D
An oil embargo in the 1970s made vinyl more expensive, which some collectors say caused a decrease in average vinyl weight from 1970 onward. Do the data support this claim? Why or why not? Be sure to discuss averages, margins of error, and anything else that is relevant in your answer.

Part CFind the average and margin of error for each of the following: the entire sample, 1950s records,

Answers

The average is 40 and  the margin of error is 10.95.

What is margin of error?

The margin of error is a statistic expressing the amount of random sampling in the result of a survey.

Average (A) = sum of all the value/ given set.

A = (51+ 41 + 28)/3 = 40

margin of error = 100/square root of 120 = 10.95.

Therefore, the average is 40 and  the margin of error is 10.95.

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Find the inverse matrix or type
"none".

Find the inverse matrix or type"none".

Answers

Answer:

[-0.2  0.4]

[0.8   -0.6]

sum of the age of son and his father is60 and the six year ago the age of father is five time the son what is the age son ?​

Answers

Step-by-step explanation:

...hope it help u.... ..

sum of the age of son and his father is60 and the six year ago the age of father is five time the son


Right angle ABC is taken by a dilation with center P
and scale factor to angle A'B'C'.
12
What is the measure of angle A'B'C'?

Right angle ABC is taken by a dilation with center Pand scale factor to angle A'B'C'.12What is the measure

Answers

Answer:

\(\angle A'B'C' = 40\)

Step-by-step explanation:

Given

\(\triangle ABC\) and \(\triangle A'B'C'\)

Required

The measure of \(\angle A'B'C\) after the dilation

Dilation does not change the measure of angle of a shape.

So, we have:

Before dilation

\(\angle ABC = 40\)

This implies that: after dilation

\(\angle A'B'C' = 40\)

if jason had2/7 cakes and 5/9 how much wood that be

Answers

I hope this helps you out
if jason had2/7 cakes and 5/9 how much wood that be

97 patients spent time with therapy dogs, and 101
patients did not. What percent of the total patients spent time
with a therapy dog, rounded to the nearest percent? Record
your work and answer on our Numbers in the News answer
sheet.

Answers

Answer:

94%

Step-by-step explanation:

what is the solution

Answers

A mathematical solution is an assignment of values to the unknown variables that makes the equality in the equation true.

What is a mathematical problem?

A mathematical problem is a problem that can be represented, analyzed, and possibly solved, with the methods of mathematics.

Given is to understand the meaning of mathematical solution.

A mathematical solution is an assignment of values to the unknown variables that makes the equality in the equation true. In other words, a solution is a value or a collection of values (one for each unknown) such that, when substituted for the unknowns, the equation becomes an equality.

Therefore, a mathematical solution is an assignment of values to the unknown variables that makes the equality in the equation true.

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The distance between Matt’s house and his school is 3 inches on the map. The actual distance is 1.5 miles. What is the scale of the map?

1 inch = 0.5 mile

Answers

Answer:

B. 1 inch = 0.5 miles

Step-by-step explanation:

trust

Find g(x), where g(x) is the translation 6 units left of f(x) = x².

Write your answer in the form a(x - h)+k, where a, h, and k are integers.

Answers

The function g(x) can be expressed as g(x) = a(x - h) + k, where a is the coefficient of x (which is 1 for f(x) = x^2), h is the horizontal shift, and k is the vertical shift.

To translate a function 6 units left, we need to shift it horizontally by -6 units. So, h = -6.

Since the function g(x) is a translation of f(x), a and k will have the same values as in f(x). In this case, a = 1 and k = 0.

Therefore, the function g(x) that represents the translation 6 units left of f(x) is:

g(x) = a(x - h) + k

= 1(x - (-6)) + 0

= 1(x + 6) + 0

= x + 6

the answer is: g(x) = x + 6

who wants brainlest?

what is 5 thousand + 1 ?
(very hard)

who is the most popular gamer on yt
(pls sub to him)

do you like roblx or mincraft or both

bonus question:
(five stars)
witch is better
mincraft or roblx
(your opinion)

if you want to compete in the next brainlest competition, friend me, or follow my questions, to keep yourself updated............

:)

Answers

Answer:

5001

PewDiePie

both!!

rblx, since there r similar games like mincraft in it lol

Answer:I want brainlest,5001 SUPA HARD pewdiepie (i subed)

I prefer minecraft i like both

Step-by-step explanation:

Not sure if thats what u wanted lol :D

Ruby is 6, Edward is 8, Claire is 9, David is 14 and Emma is 15. They are given birthday money in the ratio of their ages. In total they receive £156. How much do they each receive?​

Answers

Answer:

Ruby: £18

Edward: £24

Claire: £27

David: £42

Emma: £45

Step-by-step explanation:

6 + 8 + 9 + 14 + 15 = 52

Each one receives the following fraction of the total:

Ruby: 6/52

Edward: 8/52

Claire: 9/52

David: 14/52

Emma: 15/52

Ruby: 6/52 × £156 = £18

Edward: 8/52 × £156 = £24

Claire: 9/52 × £156 = £27

David: 14/52 × £156 = £42

Emma: 15/52 × £156 = £45

Answer:

Ruby: £18

Edward: £24

Claire: £27

David: £42

Emma: £45

Answer:

Ruby=18, Edward=24, Charlie=27, David=42, Emma=45

Step-by-step explanation:

sum of ratios is 52

for each one write the ratio over the sum of ratio multiplied by total amount

\(\frac{6}{52} *156\)=18

\(\frac{8}{52} *156\)=24

\(\frac{9}{52} * 156\)=27

\(\frac{14}{52} * 156\)=42

\(\frac{15}{52} * 156\)=45

and to check add all of them and they give 156 pounds

Jillian's last seven test scores are recorded in
the box below.
82, 94, 78, 85, 94, 92, 98
Find the mean, median, and mode of Jillian's
test scores.
Mean:
Median:
Mode:

Answers

Answer:

Mean: 89 Median: 92 Mode: 94

Step-by-step explanation:

For Mean:

In mathematic terms, mean is the average number in the list.. How you find mean is all of the numbers shown in the table divided by the amount of people (In this scenario, it’s test scores.) All of the test scores added up equals 623. There is 7 test scores shown. So, after we divide the two numbers, we get 89.

For Median:

Median is the middle value in a list. But, this is in order. If we putted the numbers we have, we would get 78, 82, 85, 92, 94, 94, 98. If we look at the middle value, out number would be 92.

For Mode:

Mode is the most repeated number in the list. If you look at the list, every number is only shown once, except for 94. 94 is shown twice, so the answer would be 94.

A lot of points. PLEASE HELP! I will mark brainliest. Whoever gets it right first.

A lot of points. PLEASE HELP! I will mark brainliest. Whoever gets it right first.

Answers

the answer is: FE ~ QS
- the last one is your answer, you can use the small lines on the side of triangle to help you know which ones match with each other

Help!! Will give brainliest

Help!! Will give brainliest

Answers

Answer:

Last option

Step-by-step explanation:

\(-2(z + 3) - z = x - 4(z + 2)\)

\(x = -2(z + 3) - z + 4(z + 2)\)

\(x = -2z - 6 - z + 4z + 8\)

\(x = z + 2\)

Draw a vertical line through a normal distribution for
each of the following z-score locations. Determine
whether the tail is on the right or left side of the line
and find the proportion in the tail.
z= 1.00
z= 0.50
z= -1.25
z= -0.40

Answers

The proportion in the tail with regards to the z scores will be:

z = 1.00 = 0.1587z = 0.50 = 0.3085z = -1.25 = 0.1056z = -0.40 = 0.3446

How to calculate the values?

a. z= 1.00

P(z > 1.00) = 1 - P(Z < 1.00)

= 1 - 0.8413

= 0.1587

The tail will be on the right side.

The proportion of the tail will be 0.1587.

b. z = 0.50

P(z > 0.50) = 1 - P(Z < 0.50)

= 1 - 0.6915

= 0.3085

The tail will be on the right side.

The proportion of the tail will be 0.3085

c. z= -1.25

P(z < -1.25)

= 0.1056

The tail will be on the left side.

The proportion of the tail will be 0.1056.

d. z= -0.40

P(z < -0.40)

= 0.3446

The tail will be on the left side.

The proportion of the tail will be 0.3446.

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Factor the polynomial and use the factored form to find the real zeros.
P(x) = x⁴ - 3x³ + 2x²
x = ____________
Sketch the graph

Factor the polynomial and use the factored form to find the real zeros.P(x) = x - 3x + 2xx = ____________Sketch

Answers

Answer:

x = 2 or x = 1

Step-by-step explanation:

Factor the polynomial and use the factored form to find the real zeros.P(x) = x - 3x + 2xx = ____________Sketch
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