Kraig deposited money into a money market account. It has an interest of 12% and is compounded annually. Kraig thought 3% would be the equivalent quarterly interest rate. Is Kraig correct? If he is, explain why. If he is not correct, state what the equivalent quarterly interest rate. Explain.

Answers

Answer 1

Answer:

If the amount is P, with the interest rate of 12%, the interest over the year is:

P*(1.12) - P = 0.12P

In this case the quarterly interest rate is:

0.12P/4 = 0.03P

With the same amount and 3% quarterly rate, the yearly interest would be:

P*(1.03)^4 - P = 0.1255P

The quarterly interest rate in this case is:

0.1255P/4 = 0.031375P

If the quarterly interest rate is r, it should be little less than 3% to yield a 12% yearly rate.

So Kraig is wrong.


Related Questions

Given m
11
n, find the value of x and y.
41°
וז.
20
n

So I keep getting the wrong answer could someone help me pls

Answers

Answer:

x = 41°, y = 139°

Step-by-step explanation:

The given parameters are;

Line m is parallel to line n and lines m and n have a common transversal

The corresponding angles formed by the common transversal to the two parallel lines are 41° on line m and on line n

Therefore, x° = 41° by corresponding angles formed between on two parallel lines by a common transversal are equal

x° and y° are linear pair angles and they are, supplementary

∴ x° + y° = 180°

∴ x° + y° = 41° + y° = 180°

y° = 180° - 41° = 139°

y° = 139°.

Question 3 of 10
Select the action you would use to solve 3x = 12. Then select the property
that justifies that action
Select all that apply.
A. Action: Add 3 to both sides.
B. Action: Multiply both sides by 3.
C. Action: Divide both sides by 3
D. Property. Addition property of equality
E. Property: Multiplication property of equality
DF Property Division property of equality

Answers

Answer:

C. Divide both sides by 3

Step-by-step explanation:

3x=12

3x/3=12/3

x=4

A, B and C are points on a circle.
EF is a tangent to the circle at C.
D is a point on AC.
Angle CBD:Angle ABD = 3:1.
Find angle ADB.
Give a geometrical reason for each step of your working.

Answers

Answer:

44/3 degrees

Step-by-step explanation:

Angle CBD = 180 - (64 + 72) = 44

Angle ADB = 44/3 (Since of the ratio)

Surface area of triangular prism

Answers

Answer:

264 Km²

Step-by-step explanation:

cross sectional perimeter of the triangular prism= 9+8+7= 24Km

now,

total surface area= C.S.P × height of the figure

= 24 × 11

= 264 km²

someone please help!!

Answers

Answer:

f(-8) = 64

Step-by-step explanation:

Since x =-8, we need to use x^2 since -8 <0

(-8)^2 = 64

When x = -8 f(-8) = 64

Answer:

B

Step-by-step explanation:

There are 2 functions, one if x > 0 and one if x < 0

The x we are given is -8, and -8 is less than 0

Plug -8 into the function for if x < 0, which is x^2

(-8)^2=64

căn bậc 2 của 5 là bao nhiêu

Answers

Answer:5

Step-by-step explanat[tex]\sqrt{5} = 5[/tex]

[tex]\sqrt{5}[/tex]  = 2.23

In an experiment on the effects of caffeine on the alertness of college students, student volunteers are randomly assigned to two groups. One group is given caffeinated coffee while the other group is given decaffeinated coffee. All participants then play a video game to assess their mental acuity, measured as their final score on the video game. In this study, the group that is given caffeinated coffee is called the:

Answers

Answer:

Experimental group

Step-by-step explanation:

During the process of a research study whereby the participants or subject are divided into groups such that some are exposed to the independent variable or treatment while the other subjects are used as control for the study, The group of participants which are exposed or given the actual treatment or independent procedure are called the experimental group. In the scenario above, experimental group are the group of students which were given caffeinated coffee which is the independent variable in this case.

Find the measure of one interior angle for the following regular polygon

Answers

Answer:

108 degrees

Step-by-step explanation:

The formula for the total sum of the angles in any REGULAR shape is

[tex](n-2) * 180[/tex],  where n represents the number of sides.

The shape in the picture shown is a pentagon (5 sides).

[tex](5-2) * 180\\[/tex]

[tex]3 * 180[/tex]

= [tex]540[/tex]

So the angle sum is 540 degrees.

Again, we are told that it is a regular polygon, meaning all sides and angles in the shape are equal.

So to find one angle, just divide it by the number of sides.

[tex]540/5 = 108[/tex]

Answer: 108 degrees

Step-by-step explanation:

help please help asap :)

Answers

Answer:

4x^3

Step-by-step explanation:

20 x^5 + 28 x^4 + 12x^3

4*5*x^5  + 4*7*x^4 + 4*3*x^3

Factor out 4x^3

4x^3 ( 5x^2 + 7x +3)

SCREAMING HELP ALERT !!

Answers

Answer: 1/3

Step-by-step explanation:

On side of the smaller quadrilateral is 8, the same side on the larger one is 24. 8 times 3 is 24. So the scale factor from the smaller to the larger is 1/3.

Answer:

1/3

Step-by-step explanation:

similar means all sides are proportinal, in this case one side is 3x bigger in the 2nd figure, so the same must be true of the other fig.

How to solve an inequality for example 4x<24

Answers

4x = 24 but then 24 = y

Which of the following figures could have both line symmetry and rotational symmetry?
Select all that apply.

square
equilateral triangle
rectangle
isosceles triangle
trapezoid
regular octagon

Answers

Answer:

trapezoid is the right answer

Answer:
Based on what I got correct; the correct answer should be:

equilateral triangle

regular octagon

rectangle

and square.

Hope this helps :)

Complete the steps to solve the equation. 9 – 4x = 2x 1. Addition property of equality: 9 = 6x 2. Division property of equality: = x

Answers

Answer:

x = 3/2

Step-by-step explanation:

Given:

9 - 4x = 2x

Step 1: Addition property of equality

9 - 4x + 4x = 2x + 4x

9 = 6x

Step 2: Division property of equality:

9 = 6x

9/6 = 6x/6

9/6 = x

x = 9/6

= 3/2

x = 3/2

Check:

9 - 4x = 2x

9 - 4(3/2) = 2(3/2)

9 - 12/2 = 6/2

9 - 6 = 3

3 = 3

Instructions: Solve the triangle, find mA and mZC.

Answers

Step-by-step explanation:

mA=cosA=17/38

A=cos inverse of 17/38

A=63 degrees

simplify by combining like terms : 5a+2b-3a+4
1. 8ab
2. 4ab+4
3.2a+2b+4
4. 8a + 2b+4

Answers

5a+2b-3a+4

= (5a-3a)+2b+4

= 2a + 2b + 4

Answered by Gauthmath must click thanks and mark brainliest

please help! look at picture!

Answers

Answer:

[tex]\frac{9}{8} = 1 \frac{1}{8}[/tex]

Step-by-step explanation:

2 [tex]\frac{7}{8}[/tex] = [tex]\frac{23}{8}[/tex]

1[tex]\frac{3}{4}[/tex] = [tex]\frac{7}{4}[/tex] = [tex]\frac{14}{8}[/tex]

[tex]\frac{23}{8}[/tex] -[tex]\frac{14}{8}[/tex] = [tex]\frac{9}{8} = 1 \frac{1}{8}[/tex]

Hey there! For this you will need to use the rule of subtracting fractions. 4 (the denominator) x 2 (to make it them equal) is 8. 3 x 2 is 6. The new fraction is 1 and 6/8. Now, subtract these to get your final answer, 1 and 1/8.

Hope this helps!

Find the missing side of triangle

Answers

Answer:

x = 50

Step-by-step explanation:

Using Pythagoras' identity in the right triangle.

The square on the hypotenuse is equal to the sum of the squares on the other two sides , then

x² = 48² + 14² = 2304 + 196 = 2500 ( take the square root of both sides )

x = [tex]\sqrt{2500}[/tex] = 50

48^2 + 14^2 = x^2
X= 50

Please help me with the explanation

Answers

9514 1404 393

Answer:

  C

Step-by-step explanation:

The ratio of highest-degree terms gives the horizontal asymptote:

  (-2x)/(x) = -2

The horizontal asymptote of this function is y = -2. The only graph that shows that is graph C.

Please help me solve this problem guys

Answers

Answer:

17%

Step-by-step explanation:

Again, as the amount of years increase, the population of bees gets multiplied by 0.83. We can rewrite this to 83%, and then again rewrite this to 100%-17%. We can see now that the population of bees decreases by 17% each year.

Please Factor m^2-8m^5

Answers

Answer:

Use the diffrence of cubes formula

Step-by-step explanation:

a^3-b^3=(a-b)(a^2+ab+b^2) where a = 1 and b = 2m

m^2(1-2m)(1+2m+4m^2)

What is the area of the figure below if all angles are right angles?
F: 2 square yards
G: 4 square yards
H: 5 square yards
J: 7 square yards
K: none of these ​

Answers

I think it’s 2 yards

The required area of the figure is 5 square yards.

What is area of rectangle?

Area of rectangle is defined as product of the length and width.

Suppose a rectangle and a square has been removed from rectangle.

Length of rectangle = 3  yards

Width of rectangle 2 yards

Length of square = 1 yards

Area of rectangle = 3 × 2 = 6 square yards

Area of square = 1 × 1 = 1 square yards

The required area of the figure = area of rectangle - area of square

Substitute the values

The required area of the figure = 6 - 1

The required area of the figure = 5 square yards

Hence, the required area of the figure is 5 square yards.

Learn more about Area of rectangle here:

brainly.com/question/20693059

#SPJ2

4(6*9)+90=?
PLS CAN SOMEONE HELP ME

Answers

Answer:

306

Step-by-step explanation:

6*9=54

54*4=216

216+90=306

A program was created to randomly choose customers at a sporting goods store to receive a discount. The program claims 25% of the receipts will get a discount in the long run. The manager of the sporting goods store is skeptical and believes the program's calculations are incorrect. She selects a random sample and finds that 22% received the discount. The confidence interval is 0.22 ± 0.04 with all conditions for inference met.

Part A: Using the given confidence interval, is it statistically evident that the program is not working? Explain. (3 points)

Part B: Is it statistically evident from the confidence interval that the program creates the discount with a 0.25 probability? Explain. (2 points)

Part C: Another random sample of receipts is taken. This sample is four times the size of the original. Twenty-two percent of the receipts in the second sample received the discount. What is the value of margin of error based on the second sample with the same confidence level as the original interval? (2 points)

Part D: Using the margin of error from the second sample in part C, is the program working as planned? Explain. (3 points)

Answers

Answer

3.0/5

33

nickhollandmck

Ambitious

26 answers

1.7K people helped

Answer:

A: We know that the confidence interval is 0.22 ± 0.04, this equals .22 plus .04, .22 minus .44, or (.18,.26). Because of the fact that .25 is in the range of (.18,.26), there is no statistical evidence that the program is not working as intended.

B: As we established earlier, .25 is within the range of (.18,.26). This means that there is statistical evidence that the program makes the discount with a .25 probability.

C: To solve this problem, we need to use the margin of error formula. The margin of error formula is z times the square rout of p-hat times 1 minus p hat over n. From this formula we see that the me is inversely proportional to the square rout of the sample size. Because this is the case, the new me value is determined by dividing the old me value by 2 because of the fact that the proportion of p is 22%. This means that the new me is equal to .04/2, which equals .02, which means that the new margin of error is .02.

D: We know using the new me that the new CI is .22 ± .02. This also equals .22 plus .02, .22 minus .02, or (.2,.24) Because .25 is not within the range of (.2,.24), there is not statistical evidence that the program is working as intended.  

Step-by-step explanation:

Your welcome

TyrantMC

Answer:

Answer

3.0/5

33

nickhollandmck

Ambitious

26 answers

1.7K people helped

Answer:

A: We know that the confidence interval is 0.22 ± 0.04, this equals .22 plus .04, .22 minus .44, or (.18,.26). Because of the fact that .25 is in the range of (.18,.26), there is no statistical evidence that the program is not working as intended.

B: As we established earlier, .25 is within the range of (.18,.26). This means that there is statistical evidence that the program makes the discount with a .25 probability.

C: To solve this problem, we need to use the margin of error formula. The margin of error formula is z times the square rout of p-hat times 1 minus p hat over n. From this formula we see that the me is inversely proportional to the square rout of the sample size. Because this is the case, the new me value is determined by dividing the old me value by 2 because of the fact that the proportion of p is 22%. This means that the new me is equal to .04/2, which equals .02, which means that the new margin of error is .02.

D: We know using the new me that the new CI is .22 ± .02. This also equals .22 plus .02, .22 minus .02, or (.2,.24) Because .25 is not within the range of (.2,.24), there is not statistical evidence that the program is working as intended.  

Please find the missing number for the surface area. I will mark brainiest if correct. 2.

Answers

It is 18 because it is a square so all the sides have to be the same so that would make it 18

A construction worker uses a tape measure to find that a pipe is
28
100
of a meter long. Select the decimal that represents the same length.

Answers

Answer:

c 0.28 m

Step-by-step explanation:

A construction worker uses a tape measure to find that a pipe is 28/100 of a meter long. Select the decimal that represents the same length.

a 1.28 m

b 2.8 m

c 0.28 m

d 0.028 m

Given:

Length of the pipe in fraction = 28/100

What is the equivalent length in decimal?

28/100

How many hundred can you get in 28

= 0. Remainder 28

Add 0 to 28 which makes it 280

How many hundred can you get in 280

= 2 remainder 80

Add 0 to 80 which makes it 800

How many hundred can you get in 800

= 8 remainder 0

Bring all the quotient together

Therefore,

28/100 m = 0.28 m

What are the coordinates of P?
(b,0
a,0
0,a
0,b

Answers

Answer:

a,0

Step-by-step explanation:

Look at point (a,b). Point (a,b) has the same x-coordinate as P. And then the y coordinate is 0 because it just sits on the x axis and doesn't go up any. Therefore the answer is P: (a,0).

\He wants to buy at least 5 goats. Write down an inequality in x to represent this

Answers

Answer:

x≥5

Step-by-step explanation:

If x is the quantity of goats he wants x≥5

Step by step solution please

Answers

Answer:

I solved the question step by step in the pic, and I hope it helps

Please help me determine this guys

Answers

this graph is a correct representation of the given quality! What I did was plug it into this online graphing calculator called desmos, you can use that!!

please help with number 9!!!

Answers

Answer:

2 + sqrt(3)

Step-by-step explanation:

Roots that contain square roots come in pairs

If there is a root that is a- sqrt(b), there is a root that is a+ sqrt(b)

2 -sqrt(3) means there is a root 2 + sqrt(3)

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