Veronique and Lily compare their investment accounts to see how much they will have in the accounts after seven years. They substitute their values shown below into the compound interest formula. Compound Interest Accounts Name Principal Interest Rate Number of Years Compounded Veronique $1,000 5% 7 Once a year Lily $1,800 9% 7 Once a year mc017-1.jpg Which pair of equations would correctly calculate their compound interests? Veronique: mc017-2.jpg, Lily: mc017-3.jpg Veronique: mc017-4.jpg, Lily: mc017-5.jpg Veronique: mc017-6.jpg, Lily: mc017-7.jpg

Answers

Answer 1

Answer:

A

Step-by-step explanation:

Answer 2

The pair of equations that would correctly calculate their compound interests are:

Veronique's interest = A = 1000(1 + 0.05/1)⁷ - 1000 = 407.10

Lily's interest = 1800(1 + 0.09/1)⁷ - 1800 = 1,490.47.

What is the compound interest rate?

Compound interest is computed as interest on the principle of an account plus any accrued interest.

Compound interest can be calculated using the following formula:

x = P (1+r/n)^(nt)

,where x = compound interest

P = principal (the initial deposit or loan amount)

r = annual interest rate

n = the number of compounding periods per unit of time

t = the number of time units the money is invested or borrowed for

For Veronique, we have:

A = 1000(1 + 0.05/1)⁷ = $1,407.10

For Lily, we have:

A = 1800(1 + 0.09/1)⁷ = $3290.47

To calculate the compound interest for each account, we subtract the principal amount from the final amount:

For Veronique:

Interest = A - P = $1,407.10 - $1,000 = $407.10

For Lily:

Interest = A - P = $3,290.47 - $1,800 = $1,490.47

Therefore, the pair of equations that would correctly calculate their compound interests are:

Veronique's interest = A = 1000(1 + 0.05/1)⁷ - 1000 = 407.10

Lily's interest = 1800(1 + 0.09/1)⁷ - 1800 = 1,490.47.

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Related Questions

Is y=4x+x a linear equation

Answers

according to me yes it is a linear equation
Yes, its a linear equation.

A mixture of 17 %disinfectant solution is to be made from 10% and 20% disinfectant solution. How much of each solution should be used if 20 gallons of the 17% solution are needed?

Answers

Since 20 total gallons are needed, the amount of 10% solutions can be x and the amount of 20% solutions can be (20-x) since they add up to 20. In addition, the 17% solution has 20 gallons. Putting this into an equation, we get that 10% is 0.1 (by moving the decimal 2 spots to the left) , 0.2=20%, and 0.17=17%. With that information, we can determine that 10%*x+20%*(20-x)=20*0.17 due to that with 20 gallons of the 27% solution, we need a certain amount of solution. For every gallon, we add 0.17 of the solution, so we have 20*0.17. Similarly, we want that total amount to be represented by the amount of 20% + the amount of 10%.

0.1x+0.2(20-x)=0.1x+4-0.2x=-0.1x+4 using the distributive property
-0.1x+4=20*0.17=3.4. Subtract 4 from both sides to get -0.1x=-0.6, and multiply both sides by -10 (to separate x) to get x=6. Therefore, the amount of 10% solution is 6 gallons and the amount of 20% solution is 20-5=14 gallons



A bridge club had 22 members with a mean age of 68. Then two new members joined. One was 62 years old, and the other was 80 years old. How did the mean age change after they joined?













Answers

the mean went up 2 years
the answer is 36 2/3

What is the solution of the system of equations shown in the graph ?


a. (0, 2) c. (0, 4)
b. (2, 0) d. (0, -1)

Answers

the solution is the point where the lines intersect...and that is (2,0)

The solution of graphed equations is the point of intersection of the equations.

The ordered pair that represent the solution is [tex]\mathbf{(b)\ (2, 0)}[/tex]

From the graph, we have the following highlights.

The x-coordinate of the point of intersection is at x = 2The y-coordinate of the point of intersection is at y =0

So, the coordinates are 2 and 0

Hence, the ordered pair that represents the solution is [tex]\mathbf{(b)\ (2, 0)}[/tex]

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The ladybugs are planting a garden. They have 25-cm-by-10 cm rectangle for flowers. Each flower needs exactly 1 square centimeter for space. How many flowers can they plant?

Answers

Sent a picture of the solution to the problem (s).

Answer: They can plant 250 flowers.

Step-by-step explanation:

Given : The dimension of the rectangular garden = 25-cm-by-10 cm

[i.e. length by width]

Area of rectangle = length x width

⇒ Area of rectangular garden = 25 x 10 = 250 square centimeter .

Area required by each flower =  1 square centimeter

Then, the number of flowers they can plant = [tex]\dfrac{\text{Area of garden}}{\text{Area of needed by each flower}}[/tex]

[tex]=\dfrac{250}{1}=250[/tex]

Hence, they can plant 250 flowers.

solve w = 9x + 5y for y

Answers

w= 9x + 5y
w-9x= 5y
(w-9x)/5= y
Final answer:

To solve the equation w = 9x + 5y for y, subtract 9x from both sides to get w - 9x = 5y. Then, divide every term by 5 to obtain y = (w - 9x) / 5

Explanation:

To solve the equation w = 9x + 5y for y, you should first isolate y on one side of the equation. This involves a series of steps.

Start by subtracting 9x from both sides of the equation. This will give you w - 9x = 5y.Next, divide every term in the equation by 5 to solve for y. This would give you (w - 9x) / 5 = y or y = (w - 9x) / 5.

Now, the equation has been solved for y, meaning you can now substitute any values for w and x into this equation to find the corresponding value for y.

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The population of Bigville increased from 387,480 to 571,533 in the last 7 years. During the same time period, Smallville increased its population by 53.67%. Which town is growing at the greatest rate and by what factor? (round to nearest hundredth) A) Bigville by a factor of 1.13 B) Bigville by a factor of 6.17 C) Smallville by a factor of 1.13 D) Smallville by a factor of 6.17

Answers

C:) Smallville by a factor of 1.13 

Answer:

C!!

Smallville by a factor of 1.13

Bigville --

571,533 - 387,480

387,480

= 47.5%

Smallville -- 53.67

Thus,

53.67

47.5

= 1.129

The linear function c = 2 y + 29 models the average cost of a haircut in a certain city, where c, is the average price of a haircut y years after 1995. find the slope for the model. then describe what this means in terms of the rate of change in the average cost of a haircut over time

Answers

The rate of change implies that the city's haircut prices are consistently going up over time.

The given linear function is c=2y+29, where c represents the average cost of a haircut y years after 1995.

The slope of the linear function, 2, reflects the rate of change in the average cost of a haircut over time.

This means that for each year after 1995, the average cost of a haircut increases by $2. In other words, the slope indicates that the cost of haircuts is rising at a constant rate of $2 per year. This steady increase implies that the city's haircut prices are consistently going up over time.

The positive slope signifies that the average cost is consistently moving upward as the year progresses. Customers can expect to pay, on average, $2 more for a haircut each year compared to the previous year.

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Final answer:

The slope of the linear function c = 2y + 29 is 2, indicating that the average cost of a haircut increases by 2 units for every 1 increase in the number of years after 1995.

Explanation:

The slope of a linear function represents the rate of change. In the given linear function c = 2y + 29, the slope is the coefficient of y, which is 2. This means that for every 1 increase in y (number of years after 1995), the average cost of a haircut will increase by 2 units.

The probability that a corporation made profits in 2005 is 0.78 and the probability that a corporation made charitable contributions in 2005 is 0.23. assuming that these two events are independent, the probability (rounded to 4 decimal places) that a corporation made profits in 2005 or made charitable contributions in 2005, but not both is:

Answers

We know that these two events are independent, therefore:
P(profit and charity) = P(profit) * P(charity)
P(profit and charity) = 0.78 * 0.23 = 0.1794

Then,
P(profit or charity) = P(profit) + P(charity) - P(profit and charity)
P(profit or charity) = 0.78 + 0.23 - 0.1794
P(profit or charity) = 0.8306

A model is made of a car. The car is 10 feet long and the model is 7 inches long. What is the ratio of the length of the car to the length of the model? A. 10 : 7 B. 7 : 120 C. 120 : 7 D. 7 : 10

Answers

1 foot is 12 inches,


The real length of the car which is 10 feet, that equals to 10*12in=120 in, is represented by 7 inches in the model.

Thus 120 inches in reality, are represented by 7 inches in the model.


We describe this ratio by 7:120  (the value in reality comes second).


Answer :         B  7:120

Final answer:

To find the ratio of the car's length to the model's length, first convert the car's length to inches (120 inches), then compare it to the model's length (7 inches), which gives a ratio of 120 : 7.

Explanation:

The question asks for the ratio of the length of the car to the length of the model. First, it's essential to convert both measurements to the same unit for an accurate comparison. The car is 10 feet long, and since 1 foot equals 12 inches, the car's length in inches is 10 feet × 12 inches/foot = 120 inches. The model is 7 inches long. Therefore, the ratio of the length of the car to the length of the model is 120 inches to 7 inches, which simplifies to 120 : 7.

(×2+1)(x3+2x)(x2+4x-16i-4xi) Solve for the roots in equation

Answers

[tex]\bf (x^2+1)(x^3+2x)(x^2+4x-16i-4xi)=0\\\\ -------------------------------\\\\ x^2+1=0\implies x^2=-1\implies x=\sqrt{-1}\implies x=i\\\\ -------------------------------\\\\ x^3+2x=0\implies x(x^2+2)=0\implies \begin{cases} x=0\\ -------\\ x^2+2=0\\ x^2=-2\\ x=\sqrt{-2}\\ x=\sqrt{2\cdot -1}\\ x=\sqrt{2}\cdot \sqrt{-1}\\ x=i~\sqrt{2} \end{cases}\\\\ -------------------------------\\\\[/tex]

[tex]\bf x^2+4x-16i-4xi=0\implies (x^2+4x)~-~(16i+4xi)=0 \\\\\\ (x^2+4x)~-~(4xi+16i)=0\implies x(x+4)~-~4i(x+4)=0 \\\\\\ \stackrel{common~factor}{(x+4)}(x-4i)=0\implies \begin{cases} x+4=0\\ x=-4\\ -----\\ x-4i=0\\ x=4i \end{cases}[/tex]

$74.95 jacket; 5% tax

Answers

74.95X.05 = 3.7475 rounds to 3.75

You would pay 3.75 in tax
The total cost would be 74.95+3.75 = $78.70

A container holds 5 gallons of juice. How much is this in pints?

Answers

5 gallons is 40 pints.

Hope this helps!

The probability that the factory manufactures a defective light bulb is 0.02. find the probability that the plant manufactures 100 non defective light bulbs before it manufactures 10 defective ones

Answers

2 is the answer there u go have a good day

Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $45,000 a year pay towards social security out of their gross wages?

Answers

Answer:

The answer is $1890.

Step-by-step explanation:

Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax)

While employers paid another 6.2%.

So, someone earning $45000, will pay [tex]0.042\times45000=1890[/tex] dollars in FICA.

The question says only individual. The earnings are exclusive to employees, so they will only pay from earnings. The employer will not pay from employee's earnings.

The answer is $1890.

The number of earnings towards social security should be $1,890.

Given that,

The employers in 2012 paid 4.2%.The employer should paid 6.2%.And, the earning should be $45,000.

Based on the above information, the calculation is as follows:

[tex]= 4.2\% \times \$45,000[/tex]

= $1,890

Therefore we can conclude that the number of earnings towards social security should be $1,890.

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List five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points)

Answers

Food
Shampoo
Conditioner
Body Soap
Hand Soap

The five staple convenience goods are:

Food items,

Petrol,

Detergents,

Drinking water, and

Fruits.

Staple convenience goods are those items that are purchased by consumers on a regular basis because they are constantly used by them.

These items are readily available nearby a domestic environment because they are always on a high demand by consumers.

These goods listed above are called staple convenience goods because they share some common features which include:

These goods can be bought in small quantity especially when needed.These goods doesn't require a purchase plan before they are bought.They are bought frequently and regularly.

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Mrs. Rodger got a weekly raise of $145. If she gets paid every other week, write an integer describing how the raise will affect her paycheck.

Answers

It will affect her paycheck by it going up and she gets more money

she gets 145 every week, but paid every other week

 so 145 *2 = 290

 her pay check will increase by $290

Helen's preferences over cds (c) and sandwiches (s) are given by u(s,
c.= sc + 10(s + c), with muc = s + 10 and mus = c + 10. if the price of a cd is $9 and the price of a sandwich is $3, and helen can spend a combined total of $30 each day on these goods, find helen's optimal consumption basket.

Answers

The fact that Helen’s indifference curves touch the axes should immediately make you want to check for a corner point solution. To see the corner point optimum algebraically, notice if there was an interior solution, the tangency condition implies (S + 10)/(C +10) = 3, or S = 3C + 20. Combining this with the budget constraint, 9C + 3S = 30, we find that the optimal number of CDs would be given by 3018â’=Cwhich implies a negative number of CDs. Since it’s impossible to purchase a negative amount of something, our assumption that there was an interior solution must be false. Instead, the optimum will consist of C = 0 and Helen spending all her income on sandwiches: S = 10. Graphically, the corner optimum is reflected in the fact that the slope of the budget line is steeper than that of the indifference curve, even when C = 0. Specifically, note that at (C, S) = (0, 10) we have P C / P S = 3 > MRS C,S = 2. Thus, even at the corner point, the marginal utility per dollar spent on CDs is lower than on sandwiches. However, since she is already at a corner point with C = 0, she cannot give up any more CDs. Therefore the best Helen can do is to spend all her income on sandwiches: ( C , S ) = (0, 10). [Note: At the other corner with S = 0 and C = 3.3, P C / P S = 3 > MRS C,S = 0.75. Thus, Helen would prefer to buy more sandwiches and less CDs, which is of course entirely feasible at this corner point. Thus the S = 0 corner cannot be an optimum]

A submarine took 16 minutes to reach a depth of 96 meters below the surface of the water. Which integer best represents the rate of the submarines dive

Answers

divide 96 by 16 and attain 6meters/minute
First divide 96 by 16 to find how many meters the submarine went down per minute

96/16

6

Every minute the submarine travels 6 meters down. So 6 meters per minute

Two standardized​ tests, a and​ b, use very different scales of scores. the formula upper a equals 40 times upper b plus 50a=40×b+50 approximates the relationship between scores on the two tests. use the summary statistics for a sample of students who took test b to determine the summary statistics for equivalent scores on test
a. lowest score equals= 2121 mean equals= 2929 standard deviation equals= 22 q3 equals= 2828 median equals= 2626 iqr equals= 66 find the summary statistics for equivalent scores on test
a. lowest scoreequals= nothing meanequals= nothing standard deviationequals= nothing q3equals= nothing medianequals= nothing iqrequals= nothing

Answers

Adding (or subtracting) a constant to every data value adds (or subtracts) the same constant to measures of position such as center,percentiles, max or min.

Its shape and spread such as range, IQR, standard deviation remain unchanged.
When we multiply (or divide) all the data values by any constant, all measures of position (such as the mean, median, and percentiles) and measures of spread (such as the range, the IQR, and the standard deviation) are multiplied (or divided) by that same constant.
Part A:

The lowest score is a measure of location, so both addition and multiplying the lowest score of test B by 40 and adding 50 to the result will affect the lowest score of test A.

Thus, the lowest score of test A is given by 40(21) + 50 = 890

Therefore, the lowest score of test A is 890.



Part B:

The mean score is a measure of location, so both addition and multiplying the mean score of test B by 40 and adding 50 to the result will affect the lowest score of test A.

Thus, the mean score of test A is given by 40(29) + 50 = 1,210

Therefore, the mean score of test A is 890.



Part C:

The standard deviation is a measure of spread, so multiplying the standard deviation of test B by 40 will affect the standard deviation but adding 50 to the result will not affect the standard deviation of test A.

Thus, the standard deviation of test A is given by 40(2) = 80

Therefore, the standard deviation of test A is 80.



Part D

The Q3 score is a measure of location, so both addition and multiplying the Q3 score of test B by 40 and adding 50 to the result will affect the Q3 score of test A.

Thus, the Q3 score of test A is given by 40(28) + 50 = 1,170

Therefore, the Q3 score of test a is 1,170.



Part E:

The median score is a measure of location, so both addition and multiplying the median score of test B by 40 and adding 50 to the result will affect the median score of test A.

Thus, the median score of test A is given by 40(26) + 50 = 1,090

Therefore, the median score of test A is 1,090.



Part F:

The IQR is a measure of spread, so multiplying the IQR of test B by 40 will affect the IQR but adding 50 to the result will not affect the IQR of test A.

Thus, the IQR of test A is given by 40(6) = 240

Therefore, the IQR of test A is 240.

Final answer:

Using the transformation formula a = 40×b + 50, we calculated equivalent scores on Test A based on the given summary statistics of Test B, demonstrating the effects of linear transformation on statistical measures.

Explanation:

Using the formula a = 40×b + 50, we can calculate the equivalent scores on test A from the given summary statistics for test B. This formula allows us to transform the scores from one scale to another, maintaining the distribution's shape but adjusting the scale and location.

Lowest score on Test A = 40×(21) + 50 = 890Mean score on Test A = 40×(29) + 50 = 1,210Standard deviation remains unchanged as we are scaling and shifting the data. So, it is 40×(22) = 880.Q3 (third quartile) on Test A = 40×(28) + 50 = 1,170Median on Test A = 40×(26) + 50 = 1,090IQR (Interquartile range) remains constant as it's a measure of spread, not affected by linear transformations. So, it would be 40×(6) = 240.

By applying linear transformation to the test scores, we can effectively compare results from tests using different scales, making it easier for educational institutions and researchers to evaluate data cohesively.

the selling price of a refrigerator, is $471.45. if the markup is 5% OF THE DEALER cost, what is the dealers cost of the refrigerator

Answers

Let the dealer's (wholesale) cost be d.  Then 1.05d = $471.45 is the selling price.  Div. both sides by 1.05 to obtain the dealer's cost, d:  

$471.45/1.05 = $449     (answer) 


The graph above can be extrapolated to determine:

Boyle's Law
PV = k
absolute zero
VT = k
nothing

Answers

We can see that

when it is extrapolated

The curve is going downward

and it is till it touches temperature axis

so, we can find point there

It intersects at temperature =-280C

Since, it is x-intercept

so, y will be 0 at that point

so, Volume will be 0 when temperature is -280C

and this is absolute zero definition of volume function

so, Absolute zero.........Answer

(b) the water level drops at a rate of 0.1 cm per hour. at what rate is the radius of the water decreasing when the depth is 4 cm? round your answer to four decimal places.

Answers

Answer: ifferentiate your correct answer to a) with respect to time: 2rdrdt=46dhdtâ’2hdhdt You are told that dhdt=â’0.1 Figure out what the radius r is when the depth h=4 Then you will have all of the values (except one) to plug into the differentiation above. Solve for drdt. It should be a negative number, because the radius is decreasing.
Final answer:

The rate at which the radius of the water is decreasing when the depth is 4 cm is 0.6949 cm/hr.

Explanation:

To find the rate at which the radius of the water is decreasing, we can use the chain rule from calculus. Let's denote the depth of the water as 'h' and the radius as 'r'. We are given that the water level drops at a rate of 0.1 cm per hour, so dh/dt = -0.1 cm/hr. We want to find dr/dt when h = 4 cm. Using the formula for the volume of a cone, V = (1/3)πr^2h, we can find the relationship between r and h: r = √((3V)/(πh)). Taking the derivative of this equation with respect to time, we have: dr/dt = (√((3V)/(πh)))' = -(3/2)(√((3V)/(πh^3)))(dh/dt). Plugging in the given values and solving for dr/dt when h = 4 cm, we get:

dr/dt = -(3/2)(√((3(350))/(π(4)^3)))(-0.1) = 0.6949 cm/hr

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Approximately how many years are needed to double a $500 investment when interest rates are 13.50 percent per year? (Round your answer to 2 decimal places)

Answers

Use the Amount formula for compound interest situations:

A = P(1 + r)^t.  We know everything but t.  Find t (# of years)

Double $500 is $1000.   $1000=$500(1.1350)^t, or 2 = 2.135^t

Solve for t.   To do this, take the log of both sides:

log 2 = t(log 1.135), or t = (log 2) / (log 1.135)  =  5.5 years, approx.

Write a word problem for the absolute value

Answers

If you are at sea level and diving and you descend 500 ft, then how far are you away from sea level?
0+|-500|=500 feet away from sea level

The absolute value is useful in solving problems involving distance, temperature, and error in measurement. The word problem is described below.

A word problem involving absolute value is as following:

John lives 3 blocks away from his school.

One day, he walked to school and noticed that he accidentally left his backpack at home.

He decided to go back home to get it. When John got back home, he realized that he forgot his backpack was actually in his car.

John's car is parked 5 blocks away from his house. How far did John walk in total?

To solve this problem, we need to use absolute value.

John walked 3 blocks to school, then back home, and then 5 blocks to his car.

The total distance he walked would be the absolute value of the difference between the distance from school to home and the distance from home to car:

|3 - 5| = 2

Therefore, John walked a total of 2 blocks that day.

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The boy : Girl ratio is 4:5. If there are 225 students, how many girls are in the school? answer and proportion answer and proportion breakdown please

Answers

[tex]\bf boy:girl\qquad \cfrac{boy}{girl}\qquad 4:5\qquad \cfrac{4}{5}\implies \cfrac{4\cdot \frac{225}{4+5}}{5\cdot \frac{225}{4+5}}\implies \cfrac{4\cdot 25}{\stackrel{girls}{5\cdot 25}}[/tex]

so, there are 5 * 25 girls.

What does x equal in 3(x+3)-2<25

Answers

3x+9-2<20

3x+7-25<25-25

3x-18=0

x=18/3

x=6

When an opinion poll calls landline telephone numbers at random, approximately 30% of the numbers are working residential phone numbers. the remainder are either non-residential, non-working, or computer/fax numbers. you watch the random dialing machine make calls. x is the number of calls until the first working residential number is reached. does x have a binomial distribution? give your reasons?

Answers

A Binomial Distribution is a probability distribution where there exist two mutually exclusive outcomes, the probability of each outcome is constant, and the trials are independent. In this case the phone numbers are either working residential or not - two distinct choices. The probability is given as a fixed 30%. Lastly the success of each call has no bearing on the next call thus each dial is independent.

If p = .9, what is the frequency of the heterozygote? .81+(2)(.9)(.1) + (.01) .10 .81 + .18 .18

Answers

Write down the Punnett square to find the frequencies:

      R(.9)       r(.1)
R   0.81          0.09
r    0.09          0.01

The answer choices given are confusing.  I'll let you figure out the choices.

The measures of a sphere with a volume of 972pi in^3 are multiplied by 1/3.
What is the volume of the sphere?

A) 324pi in^3
B) 108pi in^3
C) 54pi in^3
D 36pi in^3

Answers

[tex]\bf \textit{volume of a sphere}\\\\ V=\cfrac{4\pi r^3}{3}\qquad \boxed{r=\frac{1}{3}r}\qquad V=\cfrac{4\pi }{3}\left( \cfrac{r}{3} \right)^3\implies V=\cfrac{4\pi }{3}\cdot \cfrac{r^3}{3^3} \\\\\\ V=\cfrac{4\pi r^3}{3}\cdot \cfrac{1}{3^3}\implies V=\cfrac{4\pi r^3}{3}\cdot \cfrac{1}{27}\impliedby \frac{1}{27}\textit{ of the original volume} \\\\\\ \textit{what is }\frac{1}{27}\textit{ of }972\pi ?\qquad \qquad 972\pi \cdot \cfrac{1}{27}\implies 36\pi [/tex]
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