Annabelle invested $70,000 in an account paying an interest rate of 6.1%
compounded continuously. Assuming no deposits or withdrawals are made, how
much money, to the nearest ten dollars, would be in the account after 9 years?

Answers

Answer 1

Answer:

121210

Step-by-step explanation:

Answer 2

After 9 years, Annabelle will have $119271.4 in her bank account as per compound interest

What is compound interest?

"Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest."

Given, the invested amount is (P) = $70000

The interest rate is (r) = 6.1% = 0.061

Duration of the investment (n) = 9 years

Therefore, the amount of money after 9 years will be

= P(1 +r )ⁿ

= $70000(1+0.061)⁹

= $119271.4

Therefore, the total amount after 9 years will be $119271.4.

Learn more about compound interest here: https://brainly.com/question/23433225

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Related Questions

How much simple interest would $800 earn in 300 days at an interest
rate of 1.71%?

Answers

Simple Interest is defined as the interest that would be accumulated on a particular sum of money, loan, or investment kept or obtained from a financial institution.

The simple interest is $11.24

The formula for simple interest is given as:

I = P x R x T

Where

I = Simple Interest

P = Principal = $800

R = Interest rate = 1.71% = 0.0171

T = Time in years = 300 days

Step 1: We have to convert from days to a year

365 days = 1 year

300 days = ?

Cross Multiply

300 days x 1 year / 365 days

= 0.822 year

Step 2: We find the Simple Interest

I = $800 x 0.0171 x 0.822

I = $11.24

Therefore, the simple interest is $11.24

To learn more, visit the link below:

https://brainly.com/question/21150689

5. Water is flowing from Tower #1 to Tower #2 in the diagram below at a rate of 20 gallons per
minute. Initially, Tower #1 contained 1650 gallons and Tower #2 contained 570 gallons.
(a) How many gallons does each tower contain after 5
minutes? Show your work.

Answers

9514 1404 393

Answer:

Tower #1: 1550 gallonsTower #2: 670 gallons

Step-by-step explanation:

After 5 minutes, the amount of water that has flowed is ...

  (20 gal/min)(5 min) = 100 gal

That amount has flowed out of Tower #1, so it now has ...

  1650 -100 = 1550 . . . gallons in Tower #1

That amount has flowed into Tower #2, so it now has ...

  570 +100 = 670 . . . gallons in Tower #2

Roslyn has $25.65 in the bank. She purchased a new shirt for $10.83 and shoes for $8.96. Then she babysat and made $20.35, which she added to the bank. How much money does she have in the bank?

Answers

Answer:

$26.21

Step-by-step explanation:

add the shoes and shirt together and get $19.59 then subtract that to the $25.65

then you will get the remaining amount of money of $5.86.

then do this 20.35-5.86=$26.21

Answer:

$26.19

Step-by-step explanation:

25.65-10.85=14.80

14.80-8.96=5.84

5.84+20.35=$26.19

A plane travels at a constant speed. It takes 6 hours to travel 3360 miles.

A - What is the planes speed in miles per hour?

B - At this rate, how many miles can it travel in 10 hours?​

Answers

Answer:

A-560

B-5600

Step-by-step explanation:

to find the answer for A we need to divide 3360 by 6 which gives us 560.

check: 560 x 6 = 3360

To find the answer for B we need to multiply the answer for A (560) by 10 which gives us 5600

Answer:

A- the question asks the speed and  the speed formula is speed=distance÷time. So 3360÷6=560 mph

B- At this rate means at this constant speed which is 560 mph, how many miles can it travel in 10 hours. We will rearrange the speed formula to find the distance. distance=speed×time. So 560×10=5600 miles.

Step-by-step explanation:

In the school parking lot there were 113 fewer bikes than cars. There were 185 cars. How many cars and bikes were there in the parking lot? What is the estimated amount?

Answers

There is 185 cars and bike is 72

Thank you if you help!

Answers

Answer: n= 2(17)

Step-by-step explanation:

I think it’s 2n+17 bc increase is add and twice is multiply and n is “a number”. So 2n+17

Which equation represents the graphed linear function?
marked points are 2,3 and 4,2


A y=2x +4
B y=-2x+4
C y=1/2x+4
D y=-1/2x=4

Answers

Answer:

D y=-1/2x+4

Step-by-step explanation:

use the order parir (4,2)     x=4

y=-1/2*4+4

y=-2+4

y=2

Whats the distance between (-9,-4) and (-9,5)

Answers

Answer:

9

Step-by-step explanation:

5+4 is 9

I

DeMaria Corporation, a calendar year corporation, generates the following taxable income (net operating losses) since its inception in 2016: Year Taxable result 2016 40,000 2017 (15,000) 2018 (5,000) 2019 6,000 Assuming Demaria makes no special elections with regard to NOLs, what is DeMaria's net operating loss carryforward into 2020?

Answers

Answer:

Carry-forward to 2020 = $200

Step-by-step explanation:

In case of no election with regards to NOL, For year prior 2018, NOL will automatically carryback.

But after year 2018, NOL can only be carryforward inficately, lessor of actual NOL or 80% of taxable income.

Therefore, NOL of $15,000 will be carried back

But loss of $5,000 will be carryforward up to 80% of Taxable Income in 2019

NOL Offset in 2019 - Lessor or $5,000 or $6,000*80% = $4,800

Carry forward to 2020 = $5,000 - $4,800 = $200

Help would be more then appreciated

Answers

Answer:

a

Step-by-step explanation:

-14x+y=7 in slope intercept form

Answers

y = 14x +7

Step-by-step explanation:

-14x+y=7

+14x +14x

y=14x+7

Solve: | −2n | + 10 = −50


(Find Solution)

Answers

Answer:

No Solution

Step-by-step explanation:

| −2n | + 10 = −50

Subtract 10 on both sides

|-2n|+10-10=-50-10

Simplify

|-2n=|=-60

No Solution

CSA Unit 2A-Solving Quadratic Functions
Part 2 (2 questions)
1 f(x) = x2 - 6x + 8
Complete parts -h for the quadratic function
a. Make a table and graph the quadratic equation
b. Axis of Symmetry
c. Vertex
d. Y-intercept
e Max/Min
f Roots
& Domain
х
Y
h. Range
Solve the following quadratic ("hintº find the zeros.)
2 2x2 – 24x + 72 = 0

Answers

I need points sorry man n so yea it’s c

Question 2 can u tell me if they are true or false?ill give a brainliest!

Answers

Answer:

a. false

b. true

c. true

d. false

e. false

Step-by-step explanation:

(√2)(^3√2)

2 1/6
2 2/3
2 5/6
2 7/6

Answers

Answer:

c

Step-by-step explanation:

what is one number greater than -2 and less than -1

Answers

Answer:

One number greater than -2 and less than -1 could be -1.5.

pls mark as brainliest

Step-by-step explanation:

Answer:

-1.5 is the answer it means decimals too

Fill in the missing term on each line simplified any fractions 13y +5 = 5
13y=

Answers

Answer: y=0 13y=0

Step-by-step explanation:

13y + 5 = 5

- 5 - 5

13y = 5-5

13y = 0

y = 0

The product of a number and -7/10 is 1/2
What is the number?

-7/20

7/20

-5/7

5/7

Answers

Answer:

-7/10 x -5/7 = 1/2

Step-by-step explanation:

PLEASE HELP IT IS 3:30 AM FIND THE EQUATION OF THE LINE USE EXACT NUMBERS y= ( )x + ( )​

Answers

Answer:y=1/3x+3

Step-by-step explanation:

Y=3x-1

This is because it is on the -1 on the x axis and when the points hit exactly on the corners you go up 3 over 1. Which as a fraction looks like 3/1 which is equal to 3

8.
Write the equation corresponding to the graph of y = 7* after having been translated five units upward, three units to the
left, and lastly is reflected over the X-axis.
Write your answer without using parentheses,
DAY

Answers

Answer:

(-3,-13)

Step-by-step explanation:

...................

12% off pay 5% sales

Answers

Answer: if u are asking $12 off pay 5% sales is

11.4 but if ur asking 12% off of $5 4.40 if anything other then that im not sure the question

Step-by-step explanation:

Pleaseee helpppp with thissss!! I will give brainliest if your correct

Answers

Answer:

45 degrees

Step-by-step explanation:

Givens

c = 10

opposite = 5√2

Sin(angle) = opposite / hypotenuse

Solution

sin(angle = 5√2 / 10

Sin(angle) = 0.707

angle = sin-1 (0.707)

angle = 45 degrees (rounded. Use a better value for √2)

What answer choice should i choose

Answers

Answer:

Commas

Step-by-step explanation:

Because it would make the reader pause and it's just adding more information to the text giving the reader more understanding

Solve A= mR – R for R.

Answers

Answer:

Step-by-step explanation:

A = mR - R

R(m - 1) = A

R = A / (m - 1)

6a-2(4a-5)=40
How do I solve it​

Answers

Answer:

Distribute, then combine like terms, subtract 10 from both sides of the equation, simplify, divide both sides of the equation by the same term, and simplify to get your solution.

Step-by-step explanation:

1.) Distribute

6−2(4−5)=40

6−8+10=40

2.) Combine like terms

6a-8a+10=40

-2a+10=40

3.) Subtract 10 from both sides of the equation

-2a+10=40

-2a+10-10=40-10

4.) Simplify

subtract the numbers

-2a+10-10=40-10

-2a=40-10

subtract the numbers

-2a=40-10

-2a=30

-2a=30

5.) Divide both sides of the equation by the same term

-2a=30

[tex]\frac{-2a}{-2} =\frac{30}{-2}[/tex]

6.) Simplify

cancel terms that are in both the numerator or denominator

[tex]\frac{-2a}{-2} =\frac{30}{-2}[/tex]

a=[tex]\frac{30}{-2}[/tex]

Divide the numbers

a=[tex]\frac{30}{-2}[/tex]

a=-15

a=-15

7.) Solution

a=-15

What is 6.289 x 10/3?

Answers

20.96333333

step by step equation

Answer:

Step-by-step explanation:

10/3=3.333333 repeating.

Multiply that by 6.289

=20.96333333

Solve each equation two step equation test 5+m / -3 =0

Answers

Answer:

m = -5

Step-by-step explanation:

5+m/-3 = 0

~Multiply -3 to both sides

5 + m = 0

~Subtract 5 to both sides

m = -5

Best of Luck!

Answer:

m= -5

Step-by-step explanation:

5+m over -3 = 0

set the numerator equal to 0

-

5 + m = 0

move the constant to the right

-

Solution:

m= -5

Help me
Solve ⎪c – 5⎥ = 7

Answers

Answer:

Hey! No need to fret ok so lc-5l =7 so we know the opposite of subtraction is addition so we add 5+7+ 13 so that mean 13-5=7

Step-by-step explanation:

Hope I helped have a good day please put me for brainliest Thank You!

Find the missing length.
C=
✓ [?]
2=b
a=6

Answers

Answer:

Step-by-step explanation:

Formula = C = square root a2 + b2

C = square root (6)2 + (2)2

= 10

A market sells strawberries for $2.00 per pint. Makayla is going to graph this relationship on the coordinate grid below. Total Cost of Berries On a coordinate plane, the x-axis is labeled Pints and the y-axis is labeled Dollars. What point on Makayla’s graph will represent the cost of 4 pints of strawberries? (2, 4) (4, 0) (4, 8) (8, 4)

Answers

The point which represents the cost of 4 pints is:

                     (4,8)        

Step-by-step explanation:

We are given that:

A market sells strawberries for $2.00 per pint.

Then, cost of 4 pints= $ 4×2.00

                                = $8.00

The point on the x coordinate represents number of pints

and the point on the y coordinate represents the cost in dollars

Hence, the point which represents the cost of 4 pints is:

                     (4,8)        

Answer:

c on edg

Step-by-step explanation:

got it right :)

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