Liam was born on October 1, 2009. His grandparents put $20,000 into an account that yielded 3%
interest compounded quarterly. When Liam turns 18, his grandparents will give him the money
for a college education. How much will Liam get on his 18th birthday?

Answers

Answer 1

$34,251.05

i hope this helps

Answer 2

The formula for the amount earned with compound interest after n years is given as:

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

P = principal

R = rate

t = time in years

n = number of times compounded in a year.

The amount Liam got on his 18th birthday is $34,251.05.

What is compound interest?

It is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

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

P = principal

R = rate

t = time in years

n = number of times compounded in a year.

Example:

P = 200

R = 2%

t = 3 years

compounded annually, n =1

A = $212.24

We have,

Principal = $20,000

Rate = 3%

There are 4 quarters in a year.

It is compounded quarterly.

This means,

n = 4

t = 18 years

The amount compounded quarterly.

A = 20,000 [tex](1 + 0.0075)^{72}[/tex]

A = 20,000 x [tex]1.0075^{72}[/tex]

A = $34,251.05

Thus,

The amount Liam got on his 18th birthday is $34,251.05.

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Related Questions

Is -8 - 2(3 + 2x) + 7x equivalent to -30 -13x?

Answers

Answer:

They are NOT equivalent.

Step-by-step explanation:

To find if the expressions are equivalent, we have to simplify the first expression.

Solve:

-8 - 2(3 + 2x) + 7x

Use the distributive property.

-8 - 6 - 4x + 7x

Combine like terms.

-14 - 4x + 7x

-14 + 3x

Since they're not the same, this means that the expressions are NOT equivalent to each other.

What is the relationship

Answers

Answer:

Alternate Interior Angles

What is the volume of the pyramid in cubic millimeters

Answers

Answer:

[tex]V=\dfrac{1}{3}\times A\times h[/tex]

Step-by-step explanation:

The volume of the pyramid is given by the formula as follows

[tex]V=\dfrac{1}{3}\times A\times h[/tex]

A is the area of the base

h is height of the pyramid

If the area and height are in millimeters, the volume of the pyramid will be in cubic millimeters.

please help asap please​

Answers

Answer:

Option A

Step-by-step explanation:

what's the inequality describes all possible length of AB?

Answers

Answer:

We conclude that inequality describes all possible lengths of AB

13 < x < 35

Option C is true.

Step-by-step explanation:

We know that the sum of the lengths of any two sides of a triangle is greater than the length of the third side.

Now, checking the interval of the length of the side 'x', such as:

24 + 11 = 35

24 - 11 = 13

so the possible lengths of the side 'x' will be:

13 < x < 35

Therefore, we conclude that inequality describes all possible lengths of AB

13 < x < 35

Hence, option C is true.

Rachel’s gym charges a one-time registration fee of $45 and a monthly fee of $39. Which function can be used to find y, the total charges at this gym for x months?

Answers

Answer: 39x+45=y

Step-by-step explanation:

-7/20 as a decimal number

Answers

Answer:

- 0.35 is the answer.

hope this answer will help you

Answer:

-0.35

Step-by-step explanation:

multiply -7/20 by 5 = -35/100 which also equals -0.35

What is the answer to number 7

Answers

Answer:

Your answer should be D

Step-by-step explanation:

Because he added his terms correctly and divided correctly

Admission to the local amusement park cost $5.25 and each ride cost $2.50 which of the following equations represents the cost C in dollars for admission to the park with ex ride tickets?

Answers

Answer:

C=2.50r+5.25

Step-by-step explanation:

(r represents each ride cost)

5.25 would be the y-intercept since that's the initial fee to enter the park, and 2.50 would be the slope since each ride would cost that much.

5.25+2.5x=c (cost) x is how many rides

Help please! I’ll give brainliest

Answers

1)y=3x
2)y=x
3)y=7x
4)y=x+7
4)y=2x+1
6)y=12x+2

Simplify the expression.
(3 + 7) − 12 ÷ 4


A) 1
B) 4
C) 6
D) 7

Answers

D) 7

(3 + 7) -add [3+7= 10]

10-12÷4- then divide [12÷4=3]

now take 10 and 3 and subtract

10-3= 7

D) 7

It’s 7 you literally just at (3+7) that equals 10 so then you take 10 - 12 / 4 and that equals 7 so D) is your answer

What is the angle made by two parallel lines​

Answers

Answer:

180°

Step-by-step explanation:

When any 2 lines make an angle of 180° , they are called as parallel lines . In this case both the lines never intersect each other.

When any 2 lines make an angle of 90° , they are called as perpendicular lines . Both the lines intersect each other.

( Usually most get confused in this question and do write 90° or 0° but 180° is the correct answer)

in triangle DEF, DE=EF and G is the midpoint of EF. if the measure of GDE=10 what is the measure of E?

Answers

Note: It seems you may have forgotten to attach the diagram. Hence, I am attaching the potential diagram of your question.

Answer:

The measure of angle E is:

m∠E = 80°

Step-by-step explanation:

Given

The triangle ΔDEF

m∠GDE = 10°

DE = EF

G = midpoint of EF

To Determine

m∠E =?

Solving

As DE=EF and G is the midpoint of EF.

It means the midpoint G has converted the triangle into two equal right-angles triangles ΔDEG and ΔDFG with the right-angle at G.

So, the right angle G is m∠DGE = 90°

as

m∠GDE = 10° m∠DGE = 90° m∠E = ?

We know that the sum of angles of a triangle is 180°.

m∠GDE + m∠DGE  + m∠E = 180°

10° + 90° + m∠E = 180°

m∠E = 180°  - 10 - 90

m∠E = 80°

Therefore, we conclude that the measure of angle E is:

m∠E = 80°

Use the expression (a+b)(c-d)+9e(a+b)(c−d)+9eleft parenthesis, a, plus, b, right parenthesis, left parenthesis, c, minus, d, right parenthesis, plus, 9, e to find an example of each kind of expression.
Kind of expression
Example

Answers

Answer:

Difference: ¨c-d¨ variable: ¨a¨ coefficient: ¨9¨

Step-by-step explanation:

Just trust me bro

I have a question is $20.21 for the gym membership expensive money or not

Answers

Answer:

It depends

Step-by-step explanation:

Planet Fitness offers 10 bucks a month but they suck (Lunk alarm + pizza nights? really?) If they offer good services like 24 hour fitness or good equipment then go for it my guy!

What is the lowest common denominator of 1/32 and 2/3

Answers

Answer:

96

Step-by-step explanation:

The least common denominator or lowest common denominator is the smallest multiple that the denominator (that is the number on the bottom of a fraction) has in common.

Since 32, and 3 have no common factors, one simply has to multiply them to find the least common denominator.

32 * 3 = 96

In a right triangle the leg opposite to the acute angle of 30° is 7 in. Find the
hypotenuse and other leg.

Answers

Answer:

in the explanation

Step-by-step explanation:

In a 30-60-90 triangle, the ratio of the leg opposite to 30 to the leg opposite to 60 to the hypotenuse is 1:[tex]\sqrt{3\\}[/tex]:2.

So, the 7 inch leg is the 1, the other leg is 7[tex]\sqrt{3}[/tex] in and the hypotenuse is 14 in.

Hope this helps!

what is 7/8, 0.98, 98.5% from least to greatest

Answers

first 7/8 as a decimal then you divide 7 and 8 making it o.875 then you already know 98.5 is bigger because of the whole number and 0,98 is bigger than 0.875

Step-by-step explanation:

Answer:

7/8 = 87.5%

0.98 = 98%

98.5%

answer is

7/8,0.98,98.5%

two column triangle proof.

Answers

Answer:

BD ≅ BD                              Reflexive Property of Congruence

∠ADB ≅ ∠CDB                    Definition of Angle Bisector

I'm taking Geometry this year actually. Hope this helps!

Answer:

The statement is triangle BAD ≅ triangle BCD. The reason is SSS or side-side-side

The probability that a women likes the color blue is 10%. The probability of being a women is 40%.What is the probability that a person likes the color blue given that they are a woman?​

Answers

Answer:

The probability that a person likes the color blue given that they are a woman=0.25%

Step-by-step explanation:

We are given that

The probability that a women likes the color blue=10%=[tex]\frac{10}{100}=0.1[/tex]

The probability of being a women=40%=[tex]\frac{40}{100}=0.4[/tex]

We have to find the probability that a person likes the color blue given that they are a woman.

We know that

Conditional probability formula

[tex]P(A/B)=\frac{P(A\cap B)}{P(B)}[/tex]

The probability that a person likes the color blue given that they are a woman

=[tex]\frac{0.1}{0.4}[/tex]

[tex]=\frac{1}{4}=0.25[/tex]

Hence, the probability that a person likes the color blue given that they are a woman=0.25%

---
82%There are 24 students in a class.
8 of the students are boys.
b)
a)
Write the amount of boys in the class as a fraction in its simplest form.
b)
Write the amount of girls in the class as a fraction in its simplest form.

Answers

Answer:

Boys: 1/3

Girls: 2/3

Step-by-step explanation:

There are 8 boys in the class out of 24 students.

The fraction will be 8/24. Both the numerator and the denominator are divisible by 8.

8 ÷ 8 = 1

24 ÷ 8 = 3

The simplest form will be 1/3.

There are 16 girls in the class because 24 - 8 = 16.

The fraction will be 16/24. Both numbers are divisible by 8.

16 ÷ 8 = 2

24 ÷ 8 = 3

The simplest form will be 2/3.

Hope that helps.

two segments are ___?__if they have the same measure

Answers

Answer:

equal

Step-by-step explanation:

give me brainlyest plz

Answer:

Congruent

Step-by-step explanation:

Congruent means that two shapes or lines are equal and have the same measure. Therefore, the word congruent would best fill the blank. For example, if two lines both had a measurement of 7 units then they would be considered congruent.

A box of 10 flashbulbs contains 2 defective bulbs. A random sample of 2 is selected and tested. Let x be the random variable associated with the number of defective bulbs in the samplea. find the probability distribution of Xb. find the expected number of defective bulbs in a sample

Answers

Step-by-step explanation:

The probability of selecting no bad ones is the probability of

selecting 2 from the 8 good bulbs, which is C(8,2)/C(10,2) or it can also be written as  (8C2)/(10C2) = 28/45

The probability of selecting 1 good one and one bad one, is the

probability of selecting 1 from the 8 good bulbs, and one from

the 2 bad ones, which is [C(8,1)C(2,1)]/C(10,2) or as some people

write it (8C1×2C1)/(10C2) = 16/45.

The probability of selecting two bad one, is C(2,2)/C(10,2) or

as some people write it (2C2)/(10C2) = 1/45.

The game of roulette involves spinning a wheel with 38 slots: 18 red, 18 black, and 2 green. A ball is spun onto the wheel and will eventually land in a slot, where each slot has an equal chance of capturing the ball. a) You watch a roulette wheel spin 7 consecutive times and the ball lands on a red slot each time. What is the probability that the ball will land on a red slot on the next spin

Answers

Answer:

9 / 19

Step-by-step explanation:

Given that:

Number of slots on roulette wheel = 38

Number of red on wheel = 18

Number of black on wheel = 18

Number of green = 2

The probability that ball will land on red slot :

Recall: probability of event (A) = P(A)

P(A) = (number of required outcome / number of total possible outcomes)

Hence,

P(ball lands on red) = (Number of red slots / total number of slots)

P(ball lands on red) = 18 / 38

P(ball lands on red) = 9/ 19

What is the surface area of the cuboid 3cm 5cm and 2cm.

Answers

Answer:

SA = 62 cm2

Step-by-step explanation:

The surface area of the given cuboid will be 62 cm² whose dimensions are cm, 5 cm, and 2 cm.

What is the formula for the total surface area of a cuboid?

The total surface of the cuboid = 2(LB+BH+HL)

Consider that the length, width, and height of the cuboid are L, B, and H.

The cuboid is given in the question

Which has the length, width, and height of the cuboid are 3 cm, 5 cm, and 2 cm.

The surface area of the cuboid = 2(LB+BH+HL)

Here L = 3 cm, B = 5 cm, and H = 2 cm

Substitute the values in the above formula, and we get

The surface area of the cuboid = 2(3 × 5 + 5 × 2  + 2 × 3)

The surface area of the cuboid = 2(15 + 10 + 6)

The surface area of the cuboid = 2(31)

The surface area of the cuboid = 62 cm²

Thus, the surface area of the given cuboid will be 62 cm² whose dimensions are cm, 5 cm, and 2 cm.

Learn more about the cuboids here:

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which system of equations is represented by this graph?

Answers

Answer:

option c is correct

Step-by-step explanation:

you can go with option see

Answer:

I think you should go with option b

Step-by-step explanation:

please mark me as brainliest thank you

la razon de 3 librasa $ 6.00​

Answers

Answer:

I would love to help you so much but I don't understand


Line segment AB has a length of 1 unit. It is translated 4 units to the right on a
coordinate plane to obtain line segment A'B'. What is the length of A'B'?

Answers

Answer:

1 unit

Explanation:

We know that line segment AB is 1 unit long, and that it is translated 4 units to the right to obtain line segment A'B'. A translation is a type of rigid transformation - which means that the shape stays the same as it is moved on a coordinate plane. Therefore, the length of line segment A'B' would be the same as line segment AB: 1 unit.

Write an equation in slope-intercept form for the line with slope -2 and y-intercept 9.

Answers

Answer= Y=-2x + 9. Hope this helps

Which of the following is a horizontal line?

1) y = x

2) x = 4

3) y = 4

4) y = -4x + 1

Answers

Answer:

3) y=4

Step-by-step explanation:

Answer:

y=x

Step-by-step explanation:

bcoz in graph work its normally y=x

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