ryan invests a sum of money in a saving account with a fixed annual interest rate of 4.31% compounded monthly. After 10 years, the balance reaches $12,835.94. What was the amount of the initial investment?

Answers

Answer 1

We calculate P to be approximately $7,759.58, which is the amount Ryan invested initially.

To determine the initial investment that Ryan made, which grew to $12,835.94 after 10 years with an annual interest rate of 4.31% compounded monthly, we will use the formula for compound interest:

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

Where:

A is the amount of money accumulated after n years, including interest.

P is the principal amount (the initial amount of money).

r is the annual interest rate (decimal).

n is the number of times that interest is compounded per year.

t is the time the money is invested for, in years.

We know that:

A = $12,835.94

r = 4.31/100 = 0.0431

n = 12

t = 10

We need to solve for P:

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

Substituting the known values, we get:

P =[tex]$12,835.94 / (1 + 0.0431/12)^{12*10}[/tex]

P = $12,835.94 / [tex](1 + 0.0035925)^{120}[/tex]

P = $12,835.94 / ([tex]1.0035925)^{120}[/tex]

Calculating the value inside the parenthesis first:

[tex](1.0035925)^{120}[/tex] = 1.654297553

Now, we divide the final amount by this compound factor:

P = $12,835.94 / 1.654297553

P ≈ $7,759.58

Therefore, Ryan's initial investment was approximately $7,759.58.


Related Questions

What is the sum of the geometric series: 
3
∑5(-2/3)^i
i=0

Answers

We use the law of the sum of the 3 first terms of the geometric sequence:
[tex]\sum_{i=0}^35\left(\dfrac{-2}{3}\right)^i=5\dfrac{1-\left(\dfrac{-2}{3}\right)^4}{1-\left(\dfrac{-2}{3}\right)}\\=5\dfrac{\left(\dfrac{3^4-2^4}{3^4}\right)}{\left(\dfrac{5}{3}\right)}\\=3\left(\dfrac{65}{81}\right)=\dfrac{65}{27}[/tex]

The percent of the discount in the problem above is 15%. What percent of the original bill is Chumani's bill? How could you solve the problem using this percent?

Answers

15%= 0.15

That’s all I know about this problem but was there something else? Like the actual total of Chumani’s bill?

Chumani's bill represents 85% of the original bill after a 15% discount is applied. The discounted amount can be found by multiplying the original bill by 0.85.

If the discount on an item is 15%, and Chumani is paying after this discount has been applied, we want to find out what percent of the original bill Chumani's bill is. To do this, we subtract the discount rate from 100%. So, 100% - 15% = 85%. Thus, Chumani's bill is 85% of the original bill.

To calculate the discounted bill, you multiply the original bill amount by 0.85 (which represents 85%). If the original bill was, for example, $100, the calculation would be $100 x 0.85 = $85. So, Chumani would pay $85, which is 85% of the original bill amount.

which term describes the red curve of the figure below?

Answers

A. Hyperbola
Hyperbola is where there are two curves (one up, one down)

Answer:

A) Hyperbola.

Step-by-step explanation:

Given : Figure .

To find : Which term describes the red curve of the figure below.

Solution : We can see from the given figure two red curve  up and down .

Hyperbola : A hyperbola is two curves that are like infinite bows.

Therefore, A) Hyperbola.

HELPHELPHELPHELPHELPHELPHELPHELPHELPHELPHELPHELPHELPHELPHELP

Answers

Your answer would be 37.5%

ALGEBRAIC PROOF PLEASE HELP IT IS MY LAST QUESTION I AM STUMPED
Use the following problem to answer the question below:

Given: 3(x – 4) = 33
Prove: x = 15

3(x – 4) = 33 Given

3x – 12 = 33 A

3x – 12 + 12 = 33 + 12 B

3x + 0 = 45 C

3x = 45 D

x = 15 Division Property of Equality

What is the reason for D?

Answers

3x +0 can be replaced by 3x because of "the additive identity property of real numbers: anything plus zero is that thing."

If two polygons are similar then the corresponding sides are equal and the corresponding angles are proportional. True or False?

Answers

We can say that two polygons are similar if they have the same shape as the other but they are jut different in size. Even when the other polygon is flipped over or rotated, the shape still remains similar. Two polygons are considered similar only if their corresponding sides are proportional and their angles must be congruent. 

If the question is phrased like that however, your answer would be false because the sides are not equal, they are proportional. The angles are not proportional, they should be congruent or equal.

Part A) Julio makes a scale drawing of the kitchen floor to determine how many square feet of flooring he needs to buy . The scale of his drawing is 1 inch:4 feet. (The length is 4 1/2 and the width is 3 3/8)

What is the actual are of Julio's kitchen floor?

Part B) Julio makes a scale drawing of part of the kitchen wall to design a tile pattern. He will use gray tiles and white tiles to form the pattern shown. The length of each square in the drawing represents 1/2 foot on the actual kitchen wall. (There are 14 gray tiles and 10 white tiles)

If Julio uses 2-inch by 2-inch tiles, how many tiles of each color will he need?

Answers

part A) 
we know that
scale ---------->  inch/4 feet=0.25 in/ft

[scale]=[scale drawing]/[actual]
[actual]=[scale drawing]/[scale]

for length --------> 4 1/2 in ---------> 4.5 in  (scale drawing)
[actual]=[4.5]/[0.25]=18 ft

for width ---------> 3 3/8 in ---> (3*8+3)/8 ---> 27/8 in  (scale drawing)
[actual]=[27/8]/[0.25]=13.5 ft

the answer part A is
length actual kitchen floor is 18 ft
width actual kitchen floor is 13.5 ft

Part B)  
the area of one square in the actual=(1/2)*(1/2)=0.25 ft²
total area gray tiles=0.25*14=3.5 ft²
total area white tiles=0.25*10=2.5 ft²

find how many tiles 2 in by 2 in of each color will he need
1ft²-------------> 144 in²
gray tiles
3.5 ft²---------------> 3.5*144=504 in²
[tiles 2 in by 2 in gray]=504/(2*2)=126 gray tiles 

white tiles
2.5 ft²---------------> 2.5*144=360 in²
[tiles 2 in by 2 in white]=360/(2*2)=90 white tiles 

the answer Part B) is
126 gray tiles
90 white tiles 



Answer:

Sample response: Julio divided 6 whole parts into groups of 2 instead of dividing them into groups of  

1

2

which would make the quotient 12, not 3.

Step-by-step explanation:

David drops a ball from a bridge at an initial height of 100 meters.

(a) What is the height of the ball to the nearest tenth of a meter exactly 3 seconds after he releases the ball?

(b) How many seconds after the ball is released will it hit the ground?

Answers

(a) 55.9 m

(b) About 4.518 seconds.

_____
A graphing calculator can be helpful for these.
The general formula is:
[tex]y = y_{o} + v_{o}t - \frac{1*g*t^{2} }{2} [/tex] -- (A)

Where g = 9.8 m/s/s
[tex]v_{o}[/tex] = 0
[tex]y_{o}[/tex] = 100

a)
Time=t=3s.
Plug-in the values in (A)
y = 100 -(1/2*9.8*3*3)
y = 100-44.1 = 55.9m

Height of the ball exactly after 3 seconds = 55.9m.

b)
At ground, y=0; Plug-in values in (A):
A=> 0 = 100 - (1/2* 9.8 * [tex]t_{2}[/text])
Therefore t = + 4.52 s and - 4.52 seconds.

As t cannot be negative, therefore:
Time when ball hits the ground = 4.52s

-i

A chord divides a circle into two segments true or false?

Answers

True so happy to help have a nice day 

True, it has its start and finish

*Will give medal!* Which is the direct linear variation equation for the relationship?
y varies directly with x and y = 10 when x = 2.

A. y = x – 8
B. y = x + 8
C. y = 5x
D. y = 2x + 6

Answers

c. y=5x  
Varies directly means to multiply and add a constant.  
 Y varies directly with X means y=kx.  
 Since y=10 when x=2
 10=k2 so k=5 
 y=5x

The sum of three consecutive numbers is greater than 40. The inequality that represents this is x + x + 1 + x + 2 > 40. Which values of x hold true for the inequality?

choices are 8,10,12,13,9,15,7

Answers

3x > 37
x > 12.333
Thus, 13 and 15 satisfy

Answer:

15

Step-by-step explanation:

COULD U PLEASE PLEASE HELP ME !!!!!!!!!!!
BRAINLIEST AVAILABLE

Answers

The first one is correct

Which expression is equivalent to (b^n)^m

Answers

C
When the exponents are set up like that you multiply them. 

Answer:

C. [tex]b^{n\cdot m}[/tex]

Step-by-step explanation:

We have been given an expression [tex](b^n)^m[/tex]. We are asked to find the equivalent expression to our given expression.

Using exponent property [tex](a^b)^c=a^{b\cdot c}[/tex], we can write our given expression as:

[tex](b^n)^m=b^{n\cdot m}[/tex]

Therefore, option C is the correct choice.

what is the solution to the proportion 3/m=12/15

Answers

b 3.75 it is simple it is easy 
the answer 3.75 i think 

Which term can be combined in the expression below? check all that apply. 5/6a - 2b - 16.3 + b/12 + c - 0.9b

Answers

the answers are options 2, 4, and 6.

Answer:

Option 2nd , 4th and 6th correct

[tex]-2b[/tex], [tex]\frac{b}{12}[/tex] and [tex]-0.9b[/tex]

Step-by-step explanation:

Like terms are those terms which have same variable to the same power.

Given the expression:

[tex]\frac{5}{6}a-2b-16.3+\frac{b}{12}+c-0.9b[/tex]

Combine like terms;

[tex]\frac{5}{6}a+b(-2+\frac{1}{12}-0.9}-16.3+c[/tex]

Simplify:

[tex]\frac{5}{6}a-2.81666667b-16.3+c[/tex]

Therefore, the  term can be combined in the given expression is,

[tex]-2b[/tex], [tex]\frac{b}{12}[/tex] and [tex]-0.9b[/tex]

Which equation is equivalent to

Answers

It is the last equation. You square both sides. 
the last equation is correct

There is an old riddle about a frog at the bottom of a 20-foot well. if he climbs up 3 feet each day and slips back 2 feet each night, how many days will it take him to reach the 20-foot mark and climb out of the well?

Answers

For this case what we are going to do is write step by step the equation of the line
 f (x) = mx + b
 We have:
 20-foot well:
 f (x) = mx + 20
 if he climbs up 3 feet each day and slips back 2 feet each night:
 f (x) = - 3x + 2x + 20
 f (x) = - x + 20
 When it reaches 20 feet we have f (x) = 0:
 f (x) = - x + 20
 0 = -x + 20
 x = 20 days.
 Answer: 
 It will take him 20 days to reach the 20-foot mark and climb out of the well

Find the x value for point C such that AC and BC form a 2:3 ratio.

A) 6
B) −0.6
C) 4
D) −2.4

Answers

Final answer:

The x value for point C is not one of the given options.

Explanation:

To find the x value for point C such that AC and BC form a 2:3 ratio, we first need to find the coordinates of point C. The given components are Cx = -2/3, Cy = -4/3, and C₂ = 7/3. Substituting these values into Equation 2.21, we get:

C = sqrt((-2/3)² + (-4/3)² + (7/3)²) = sqrt(23/3)

Therefore, the x value for point C is not one of the options given. None of the options (A) 6, (B) -0.6, (C) 4, or (D) -2.4 are correct.

Final answer:

To find the x value for point C such that AC and BC form a 2:3 ratio, substitute the coordinates of point C into the equation and solve for C.

Explanation:

To find the x value for point C such that AC and BC form a 2:3 ratio, we can use the coordinates of points A, B, and C. We have Cx = -2/3, Cy = -4/3, and C₂ = 7/3. Substituting these values into Equation 2.21 gives:

C = √((-2/3)² + (-4/3)² + (7/3)²) = √(4/9 + 16/9 + 49/9) = √(69/9).

So the x value for point C is √(69/9).

Amare wants to ride a Ferris wheel that sits four meters above the ground and has a diameter of 50 meters. It takes six minutes to do three revolutions on the Ferris wheel. Complete the function, h(t), which models Amare's height above the ground, in meters, as a function of time, t, in minutes. Assume he enters the ride at the low point when t = 0.

Answers

The complete function that models Amare's height above the ground, h(t), as a function of time, t, in minutes is:

h(t) = 25 · sin((π / 3) t) + 4

To model Amare's height above the ground, use the equation of a sinusoidal function.

In this case, since the Ferris wheel has a diameter of 50 meters, the amplitude of the function is half of the diameter, which is 25 meters. The Ferris wheel completes three revolutions in six minutes, so the period of the function is 6 minutes.

The equation for the height function is given by:

h(t) = A · sin((2π / T) t + φ) + h0

Where:

A is the amplitude (25 meters)

T is the period (6 minutes)

φ is the phase shift (0 radians, since Amare enters at the low point)

h0 is the vertical shift (4 meters, since the Ferris wheel sits four meters above the ground)

Substitute the given values into the equation

h(t) = 25 · sin((2π / 6) t + 0) + 4

Simplifying further:

h(t) = 25 · sin((π / 3) t) + 4

Therefore, the complete function that models Amare's height above the ground, h(t), as a function of time, t, in minutes is:

h(t) = 25 · sin((π / 3) t) + 4

Complete question

Amare wants to ride a Ferris wheel that sits four meters above the ground and has a diameter of 50 meters. It takes six minutes to do three revolutions on the Ferris wheel. Complete the function, h(t), which models Amare's height above the ground, in meters, as a function of time, t, in minutes. Assume he enters the ride at the low point when t = 0.

h(t)=--- ·sin----  πt+---- π )+ ----

In a plane, if a line is perpendicular to one of two blank lines, then it is also perpendicular to the other

Answers

check the picture below.

if the black lines are parallel, and the red one is perpendicular to one of them, well, you know the rest.

Daria walked 1 2/5 miles this morning and 2 3/10 miles this afternoon. How many miles did Daria walk in all?

Answers

the answer is 3 7/10 miles 

In all, means add up
1 2/5 + 2 3/10
rewrite into improper fractions
7/5 + 23/10
To add, you must have the same denominator
in this case, multiply the first fraction by 2 to get the denominator to 10
7*2/5*2
14/10

now solve
14/10 + 23/10
37/10

Now you can rewrite this to a mixed number
3  7/10

She walked 3  7/10 miles total of the day.

Hope this helps

Select the correct product.

(2x + 9)(x + 1)

2x2 + 11x + 9
3x2 + 11x + 9
2x2 - 7x + 9
2x2 + 11x + 10

Answers

We can simplify this by multiplying all the terms together.

2x * x + 2x * 1 + 9 * x + 9 * 1
= 2x^2 + 2x + 9x + 9
= 2x^2 + 11x + 9

Hope this helped!

The result of rounding the whole number 2,746,052 to the nearest hundred thousands place is:

Answers

The answer would be 2,700,000.
This is because of the rules of rounding.
If a digit is 4 or smaller, it rounds down.
If a digit is 5 or more, it rounds up.
The number is 2, 746, 052 so it stays at 700,000.

TLDR: 2,700,000

Answer:

maybe 2,800,000

Sara has 20 sweets.
12 liquorice, 5 mint, 3 humbug.
Sara is going to take at random two sweets.
work out the probability that the two sweets will not be the same type. Give your answer as a fraction

Answers

Answer:

111/190

Step-by-step explanation:i know you dont want to see explanation so yeah...

Probabilities are used to determine the chances of an event.

The probability that the two selected sweet will not be of the same type is [tex]\frac{111}{190}[/tex]

The given parameters are:

[tex]n = 20[/tex] --- number of sweet

[tex]L = 12[/tex]

[tex]M = 5[/tex]

[tex]H = 3[/tex]

First, we calculate the probability that the two selected sweet will be of the same type.

This is calculated as:

[tex]P(Same) =P(L\ and\ L) + P(M\ and\ M) + P(H\ and\ H)[/tex]

Because the selection is without replacement, the equation becomes

[tex]P(Same) = \frac{12 \times 11}{20 \times 19} +\frac{5 \times 4}{20 \times 19} + \frac{3 \times 2}{20 \times 19}[/tex]

[tex]P(Same) = \frac{132}{380} +\frac{20}{380} + \frac{6}{380}[/tex]

Add fractions

[tex]P(Same) = \frac{132+20+6}{380}[/tex]

[tex]P(Same) = \frac{158}{380}[/tex]

Using the complement rule, the probability that the two selected sweet will not be of the same type is:

[tex]P(Not\ same) = 1 - P(Same)[/tex]

This gives

[tex]P(Not\ same) = 1 - \frac{158}{380}[/tex]

Take LCM

[tex]P(Not\ same) = \frac{380 - 158}{380}[/tex]

[tex]P(Not\ same) = \frac{222}{380}[/tex]

Simplify

[tex]P(Not\ same) = \frac{111}{190}[/tex]

Hence, the required probability is: [tex]\frac{111}{190}[/tex]

Read more about probabilities at:

https://brainly.com/question/11234923

Triangle ABC has vertices at (2,2), (4,3), and (6,1).
Using triangle ABC as the pre-image and origin as the center of dilation, what are the coordinates of a dilation of these vertices that uses a scale factor of 0.5?

A. (10,10)(20,15)(30,5)
B. (-1,-1)(-2,-15)(-3,-0.5)
C. (1,1)(1.5,2)(0.5,3)
D. (1,1)(2,1.5)(3,0.5)

Answers

Multiply each of the coordinates of ABC by 0.5 to get your result. For example, B (4, 3) × 0.5 = B' (2, 1.5).

This point is only found on the list of Selection D.

Answer:

The correct answer is D.

Step-by-step explanation:

Recall that when we make a dilation with center at the origin, the only needed operation is to multiply the coordinates of each point by the factor of dilation. In this particular case the dilation factor is 0.5 so we must do the following operations:

0.5*(2,2) = (0.5*2,0.5*2) = (1,1)0.5*(4,3) = (0.5*4,0.5*3) = (2,1.5)0.5*(6,1) = (0.5*6, 0.5*1) = (3,0.5)

So, the vertices of the triangle after the dilation are those who appear in D.

John has a blueprint for a square-shaped office. He decides to change the layout and so draws a new blueprint such that the width of his office increased by 15 feet. The area of his office according to the new blueprint is given by the expression below, where x is the side length, in feet, of the original square-shaped office.

x^2+15x

Which statement best describes the term 15x?

the area of the office according to the old blueprint
the width of the office according to the new blueprint
the area added to the office according to the new blueprint
the area of the office according to the new blueprint

Answers

see the figure attached

we know that

the old blueprint is the square ABCD
Area=x*x=x²----------A1=x²

the new blueprint is the rectangle AEFB
Area=(x+15)*x----------> A2=x²+15*x

so

A2=A1+15*x

therefore

the answer is 
the term 15x is the area added to the office according to the new blueprint


Answer:

The area added to the office according to the new blueprint

Step-by-step explanation:

you're welcome

2/5 of the children in a club are girls,if there are 24 boys,how many children are there altogether?how many more boys than girls are there

Answers

2/5 are girls, therefore 3/5 are boys

3/5 = 24
1/5 = 24 ÷ 3 = 8
2/5 = 8 x 2 = 16

Altogether = 16 + 24 = 40 

24  - 1 6 = 8

There are 40 children altogether
There are 8 more boys than girls.


8 More Boys

2/5 = 16/40
24 = 3/5

24 - 16 = 8

Therefore, There Are 8 More Boys Than Girls.

For a school play the teacher asked the class to set up chairs in 20 rows with 25 chairs in each row after setting up all the chairs they were five chairs short how many tears did the class setup

Answers

20 rows times 25 chairs in each row minus the 5 left out chairs equals total number of chairs set up.

= (20*25) - 5
= 500 - 5
= 495

They set up 495 chairs.

Hope this helps! :)
495 because 25×20 is 500 but since they were 5 short your answer is 495 because 500-5 =495. Hope it helped

Perform the indicated operation. (r 4 - r 2 + 4) ÷ (r 2 - r + 2)

Answers

r² + r - 2 R -4r+8 just got this wrong on quiz so i know this is the right answer now

The simplified expression of  (r⁴ - r² + 4) ÷ (r² - r + 2) is r³ -r+ 4/r ÷ r - 1 + 2/r

What is Expression?

An expression is combination of variables, numbers and operators.

The given expression is  (r⁴ - r² + 4) ÷ (r² - r + 2)

r power four minus r square plus four divided by r square minus r plus two.

The expression can not be simplified further as the denominator (r^2 - r + 2) cannot be factored into linear factors

The expression is a rational function and can only be simplified by partial fraction decomposition which involves writing it as a sum of simpler fractional terms.

r (r³ -r+ 4/r) ÷ r(r - 1 + 2/r)

r³ -r+ 4/r ÷ r - 1 + 2/r

Hence, the simplified expression of  (r⁴ - r² + 4) ÷ (r² - r + 2) is r³ -r+ 4/r ÷ r - 1 + 2/r

To learn more on Expressions click:

https://brainly.com/question/14083225

#SPJ2

A regular pyramid has a _____ base and a vertex over the center of the base.

Answers

A regular pyramid has a regular polygon base and vertex over the center of the base.

Regular Polygon~~~~ APEX

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