Suppose your new business made a profit during the first year of $3000. If the profit increased 12% per year, find the total of all profit earned by the end of the first 5 years.

Answers

Answer 1

Answer:

Therefore the total of all profit earned by the end of of the the first 5 years is $19,058.542.

Step-by-step explanation:

To find total profit earned per year, we need to use the compound growth formula.

The compound growth formula:

[tex]A= P(1+r)^t[/tex]

A= Amount after t years

P= initial amount

r= rate of growth

t= time in year.

Given that,

New business made a profit during the first year of $3000.

If the profit increased 12% per year.

Here P= $3,000 and r =12%=0.12 , t=1 years

Plugging all value in the above  formula:

[tex]A=3000(1+0.12)^1[/tex]

   =3000(1.12)

  =$3360

Profit after 2 year is $3,360.

Now, P= $3,000 and r =12%=0.12 , t=3 years

[tex]A=3000(1+0.12)^2[/tex]

   =3000(1.12)²

   =$3763.2

Similar the profit at 4 year is

[tex]A=3000(1+0.12)^3[/tex]

   =3000(1.12)³

   =$4214.784

The profit at 5th year is

[tex]A=3000(1+0.12)^4[/tex]

   =3000(1.12)⁴

   =$4720.558

Therefore the total of all profit earned by the end of of the the first 5 years is=$(3,000+3360+3763.2+4214.784+4720.558)

          =$19,058.542


Related Questions

Amelia used 6 liters of gasoline to drive 48 kilometers.
At that rate, how many liters does it take to drive 1 kilometer?
liters

Answers

Answer:

Part 1: 8 km per liter

Part 2: 0.125 liters per km

Step-by-step explanation:

Part 1:

6x=48

x=48/6

x=8

Part 2:

8km per liter

?liters per km

1/8 = 0.125

0.125 liters per kilometer

0.125 because 6 divided by 48 equals 0.125

Which is the best estimate for (6.3 times 10 Superscript negative 2 Baseline) (9.9 times 10 Superscript negative 3 Baseline) written in scientific notation?

Answers

Final answer:

The best estimate for (6.3 x 10⁻²) (9.9 x 10⁻³) in scientific notation is approximately 6.237 x 10⁻⁵.

Explanation:

To find the best estimate for (6.3 x 10⁻²) (9.9 x 10⁻³) written in scientific notation, you need to multiply the coefficients and add the exponents.

The product of 6.3x 10⁻² and 9.9 x 10⁻³ can be calculated as (6.3 x 9.9) x (10⁻² x 10⁻³). The coefficients multiply to give 62.37 (approximately), and the exponents add to give -5.

Therefore, the best estimate for (6.3 x 10⁻²) (9.9 x 10⁻³) in scientific notation is approximately 6.237 x 10⁻⁵.

a) What are the key aspects of any parabola? What do the key aspects tell you about the graph

Answers

Answer:

Vertex of parabola

Step-by-step explanation:

The red dot shows the extreme of parabola that is known as vertex.

From least to greatest, what are the measures of the next two angles with positive measure that are coterminal with an angle measuring 250°?

Answers

Answer:

610 and 970

Step-by-step explanation:

Answer:

610 and 970

Step-by-step explanation:

Plz help asap!!!!!!!!!!!!!!!!!!!

Answers

Answer:

A) 0.685

Step-by-step explanation:

P(no snow) = 1 - P(snow)

1 - 0.315

0.685

what is coterminal angle

Answers

Answer: Angles who share the same initial side and terminal sides.

A angle that shares the same initial side and terminal sides

what is 0.3% of 3.9*10^18

Answers

Answer:

1.17e+16

hope this helps! (if right pls mark brainy) thanks!

Consider a population variable measured in square-feet. The population standard deviation is 15 square-feet. How many observations do we need in our sample in order to be able estimate a 95% confidence interval with only 2.5 square-feet for error margin?

Answers

Given Information:  

standard deviation = σ = 15 ft²

Confidence interval = 95%

Margin of error = 2.5 ft²

Required Information:  

Sample size = n = ?

Answer:

Sample size = n ≈ 139

Step-by-step explanation:  

The required number of observations can be found using ,

Me = z(σ/√n)

Where Me is the margin of error, z is the corresponding z-score of 95% confidence interval, σ is the standard deviation and n is the required sample size.

Rearrange the above equation to find the required number of sample size

√n = σz/Me

n = (σz/Me)²

For 95% confidence level, z-score = 1.96

n = (15*1.96/2.5)²

n = 138.29

since the sample size can't be in fraction so,

n ≈ 139

Therefore, a sample size of 139 would be needed.

The city of Raleigh has 9000 registered voters. There are two candidates for city council in an upcoming election: Brown and Feliz. The day before the election, a telephone poll of 500 randomly selected registered voters was conducted. 217 said they'd vote for Brown, 242 said they'd vote for Feliz, and 41 were undecided.

Describe All citizens of Raleigh

A. All registered voters in Raleigh

B. All registered voters with telephones in Raleigh

C. The 500 voters surveyed

D. The 217 voters who said they'd vote for Brown

C. None of the abovethe sample for this survey.

Answers

I think the answer is c

Answer:

c

Step-by-step explanation:

plz mark me brainlesssss

Find the value of x (no labels)

Answers

Answer:

x=31

Step-by-step explanation:

The interior angles of a triangle must add to 180 degrees, so

81+68+x=180

Add on the left

149+x=180

Now, solve for x by getting it by itself. To do this, subtract 149 from both sides

149-149+x=180-149

x=31

£399 is shared between Ann, Bill, Chloe and Dave.
The ratio of the amount Ann gets to the amount Bill gets 2 : 9
Chloe and Dave get 2.5 times the amount Ann gets.
Work out the amount of money that Bill gets.
Show your working out.

Answers

Answer:

Ann=£38

Bill=£171

Chloe=£95

Dave=£95

Step-by-step explanation:

By the information provided we can create an equation:

[tex]2x+9x+2*5x=399\\11x+10x=399\\21x=399\\x=19[/tex]

Now that we know x, we multiply it correspondingly.

For Ann -> 2*19=38

Bill -> 9*19= 171

Chloe and Dave have the exact same amount each (because they both have 2.5 times the amount Ann's money)

Chloe/ Dave -> 5*19=95 each.

I NEED HELP ON THIS SO BAD I WILL GIVE CROWN FOR ANSWER
Edwin fills 15 test tubes with a solution. Each test tube contains 150 milliliters of solution.

How many liters of solution in all is there in the test tubes?


2.25 L

22.5 L

225 L

2,250 L

Answers

The number of  liters of solution in all is there in the test tubes is 2.25L, the correct option is A.

What is Algebra?

Algebra is the study of abstract symbols, while logic is the manipulation of all those ideas.

The acronym PEMDAS stands for Parenthesis, Exponent, Multiplication, Division, Addition, and Subtraction. This approach is used to answer the problem correctly and completely.

Given;

Edwin fills 15 test tubes with a solution.

Each test tube contains 150 milliliters of solution.

Now,

The solution in all the tubes=150ml x 15

=2250ml

To convert it in liters

=2250/1000

=2.250L

Therefore, by algebra the answer will be 2.250L.

More about the Algebra link is given below.

brainly.com/question/953809

#SPJ6

A school is selling tickets to a choral performance. On the first day, the school sold 6 adult tickets and 6 child tickets for $102. The school took in $96 on the second day selling 12 adult tickets and 3 child tickets. How much does each ticket cost ?

Answers

Answer:

adult $5

child $12

Step-by-step explanation:

make the adult as x and child as y.

this will makes 6x + 6y = 102

12x + 3y = 96

solve it and the answer comes out.

Three identical bags each contain two marbles. One bag has two white marbles, one has two black marbles, and one has one of each. You are given a bag at random and draw a white marble. What fraction of the time will the second marble you draw from that bag also be white?

Answers

Answer:

2/3

Step-by-step explanation:

Let X={1,2,3}X={1,2,3}. Let P(X)P(X) be the set of all subsets of XX (i.e. Power set of XX). Let RR be a relation defined on P(X)P(X) by the following. For all sets AA and BB in P(X)P(X), ARBARB iff |A|=|B||A|=|B|. Is RR an equivalence relation?

Answers

Answer:

Yes

Step-by-step explanation:

For the equation to be equivalence then it must be

Reflexive, Symmetric and transitive

since |A|=|B|;  

Every element in A is in B then R is reflexive

If f(1) = g(1), then g(1) = f(1), so R is symmetric.

If f(1) = g(1) and g(1) = h(1), then f(1) = h(1), so R is transitive.

R is reflexive, symmetric, and transitive,

thus R is an equivalence relation.

whats 2+2-1+4x4-12-7

Answers

Answer:

is the answer 0

Step-by-step explanation:

Answer:

25

Step-by-step explanation:

2+2-1+4x4-12-7

4-1+4x4-12-7

3+4+4x4-12-7

7+4x4-12-7

11x4-12-7

44-12-7

32-7

25

hope help :) .^.

What is the first quartile of the box-and-whisker plot

Answers

Answer:

Between 36 and 38

Answer:

girl, is that USA Test Prep???

im doing that also!!

i think its between 36 and 38 basically.

Step-by-step explanation:

hope it helps i guess!! <33

Create a rational expression that satisfies the following criteria: 1) Domain is all reals except 1 and -1 2) x=1 is a vertical asymptote 3) X = -1 is a hole 4) There is a horizontal asymptote at y = 3

Answers

Answer:

y = (3x² + x - 2)/(x² - 1)

Step-by-step explanation:

(x - 1)(x + 1) = x² - 1

In the denominator

f(x)/(x² - 1)

f(x) has a factor (x + 1)

3 + (x + 1)/(x² - 1)

(3x² - 3 + x + 1)/(x² - 1)

y = (3x² + x - 2)/(x² - 1)

In Sakura's garden, for every 555 red flowers, there are 101010 yellow flowers. There are a total of 757575 yellow and red flowers in her garden. How many red flowers are in Sakura's garden?

Answers

Answer:

There are 25 red flowers in the garden.

Step-by-step explanation:

In this problem we have a common issue where the number is repeated 3 times in questions. So I'll sove it using the ratio 5 reds to 10 yellows and the data that there are 75 yellows and red flowers in the garden.

Since we know that for every 5 red flowers in a garden there are 10 yellow ones, then the ratio of yellow flowers to red flowers is

ratio = red/yellow = 5/10 = 1/2

yellow = 2*red

Since there are 75 yellow and red flowers in the garden we have:

yellow + red = 75

2*red + red = 75

3*red = 75

red = 75/3 = 25

There are 25 red flowers in the garden.

Answer:

25

Step-by-step explanation:

y=−5x+7 coordinates of x intercept

Answers

Answer:

The x intercept is (7/5,0)

Step-by-step explanation:

y=−5x+7

To find the x intercept, set y=0 and solve for x

0 = -5x+7

Subtract 7 from each side

0-7 = -5x+7-7

-7 = -5x

divide each side by -5

-7/-5 = -5x/-5

7/5 =x

The x intercept is (7/5,0)

the intercept is 7/5,0

Suppose you go to a company that pays 0.03 for the first day, 0.06 for the second day, 0.12 for the third day and so on. If the daily wage keeps doubling, what will your total income be for working 29 days ? Total Income = 16106127.33 Correct

Answers

Answer:

The total income after 29 days is $16,106,127.33

Step-by-step explanation:

This is a geometric progression with the first element being 0.03 and the ratio is 2. So if we want to know the total income after 29 days we can use the formula for the sum of elements in a series of that kind, this is given by:

sum(29 elements) = [(first element)*(1 - r^(29))]/(1 - r)

sum(29 elements) = [0.03*(1 - 2^(29))]/(-1)

sum(29 elements) =(0.03*(-536870911))/(-1)

sum(29 elements) = -16106127.33/(-1) = 16106127.33

The total income after 29 days is $16,106,127.33

What is the slope of the linear function represented in
the table?
-7
-1/7
1/7
7​

Answers

subtract the numbers in y/x form so it would be 1/0 - 0/-7 or 0/-7 - 1/0 and both equal 1/7

Answer:

the answer is C. (1/7)

Step-by-step explanation:

I did it on edge

Here are the first five terms of Fibonacci sequence.

4, 4, 8, 12, 20

a) Write down the next two terms in the sequence ... , ...

The first three terms of a Fibonacci sequence are
n, 3n, 4n

b) Find the sixth term of this sequence


Answers

Answer:

a) 32, 52

b) 18n

Step-by-step explanation:

a)

12+20=32

20+32=52

b)

4th element = 3n+4n=7n

5th element = 4n+7n=11n

6th element = 7n+11n=18n

Answer:

a) 32, 52  

b) 18n

Step-by-step explanation:

because 7n+n

3n+7

4

What is the solution to the following equation x²+3x+7=0

Answers

Answer:

x =(3-√37)/2=-1.541

x =(3+√37)/2= 4.541

Step-by-step explanation:

to long to explain sorry but trust me

Answer:

The answer to your question is below

Step-by-step explanation:

Data

Equation     x² + 3x + 7 = 0

Let's solve this equation by two methods.

1) Completing the perfect square trinomial

                 x² + 3x      = -7

                 x² + 3x + (3/2)² = -7 + (3/2)²

                (x + 3/2)² = -7 + 9/4

                 (x + 3/2)² = -19/4

                 x + 3/2 = √-19/√4

                 x = -3/2 + √-19/2         It has imaginary solutions.

2.- Graph the equation

See the graph below.

In the graph we notice that the equation does not cross the x-axis so it does not have real solution.

A filing cabinet has a height of 6 feet and a length of 2 feet. The volume of the filing cabinet is 36 cubic feet. What is the width of the filing cabinet?

Answers

Answer:

3 feet

Step-by-step explanation:

GIVEN: A filing cabinet has a height of [tex]6\text{ feet}[/tex] and a length of [tex]2\text{ feet}[/tex]. The volume of the filing cabinet is [tex]36\text{ feet}^3[/tex].

TO FIND: What is the width of the filing cabinet.

SOLUTION:

Let the width of filing cabinet be [tex]x\text{ feet}[/tex]

length of filing cabinet  [tex]=6\text{ feet}[/tex]

height of filing cabinet  [tex]=2\text{ feet}[/tex]

Volume of filing cabinet [tex]=\text{length}\times\text{height}\times\text{width}=36\text{ feet}^3[/tex]

putting values,

[tex]6\times2\times x=36[/tex]

[tex]12\times x=36[/tex]

[tex]x=3[/tex]

Hence the width of filing cabinet is 3 feet.

A cone fits inside a square pyramid as shown For every
cross section the ratio of the area of the circle to the area
the area of the square the
Since the area of the circle is
volume of the cone equals
of the square is more
I the volume of the pyramid
Cross section
the volume of the pyramid or 3 (2+m) or .arn
the volume of the pyramid or (en en) or zarah
the volume of the pyramid or ( 20 ) or tren

Answers

Answer:

C is the answer

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

Marianne opened a retirement account that has an annual yield of 5.5%. She is planning to retire in 25 years. How much should she put into the account each month so that she will have $500,000 when she retires?

Answers

Answer:

Monthly deposit, P = $776.41

Step-by-step explanation:

Interest rate per annum = 5.5%

number of years = 25

Since she pays monthly, number of payments per annum = 12

Interest rate per period, r = (Interest rate per annum)/(number of payments per annum)

r = 5.5%/12 = 0.46%

Number of periods, n = number of years * number of payments per annum

n = 25 * 12 = 300

Future value of annuity, FVA = $500,000

Monthly deposit will be:

[tex]P = \frac{(FVA) * r}{(1+r)^{n} -1} \\P = \frac{(500000) * 0.46/100}{(1+0.46/100)^{300}-1 }[/tex]

P = $776.41

Answer:

MP = $778.77

she should put $778.77 into the account each month

Step-by-step explanation:

This problem can be solved using the compound interest formula;

FV = MP{[(1+r/n)^(nt) - 1]/(r/n)} .......1

Where;

FV = Future value

MP = monthly contribution

r = yearly rate

n = number of times interest is compounded per year.

t = number of years

Given

FV = $500,000

t = 25 years

r = 5.5% = 0.055

n = 12 months/year

From equation 1, making MP the subject of formula;

MP = FV/{[(1+r/n)^(nt) - 1]/(r/n)}

Substituting the given values we have;

MP = 500,000/(((1+0.055/12)^(12×25) -1)/(0.055/12))

MP = $778.77

she should put $778.77 into the account each month

Find the Volume of the cylinder. Either enter an exact answer in terms of pie or use 3.14 for pie.

Can someone help me with this pls :(

Answers

Answer:

Step-by-step explanation:

we know that the formula for the volume of cylinder is

=[tex]\pi r^{2} h[/tex]

Given

radius(r) = 4

height(h) = 10

NOW

Volume =  [tex]\pi r^{2} h[/tex]

             = [tex]\pi *4^{2} *10[/tex]

             =[tex]160\pi units^{3}[/tex]

or

if we use the value of pie then its answer is

= 160 * 3.14

= 502.4[tex]units^{3}[/tex]

Hope it was helpful:)

Which are simplified forms of the expression sec^2 theta sin 2theta? Select all that apply.
There are two answers.

a) 2 cot theta
b) 2-sec^2 theta
c) 2 tan theta
d) sec^2 theta-1
e) (sin2 theta) / (cos^2 theta)

Answers

Answer:

2 tan theta & sin2theta/cos^2theta

Step-by-step explanation:

Final answer:

The simplified forms of the expression sec^2(theta) sin(2theta) are 2 tan(theta) and sec^2(theta) - 1. These correspond to answer choices (c) and (d) respectively, by utilizing trigonometric identities to simplify the expression.

Explanation:

To find the simplified forms of the expression sec^2(theta) sin(2theta), we can use trigonometric identities. The identity for sin(2theta) is 2sin(theta)cos(theta). Since sec(theta) is the reciprocal of cos(theta), we can write sec^2(theta) as 1/cos^2(theta).

Therefore, the expression becomes:

sec^2(theta) sin(2theta) = (1/cos^2(theta)) * (2sin(theta)cos(theta))

We can simplify this further by canceling one cos(theta) from the numerator and denominator, which yields:

2sin(theta)/cos(theta)

Simplified, this is equal to 2 tan(theta), since tan(theta) = sin(theta)/cos(theta).

Using another trigonometric identity, sec^2(theta) = 1 + tan^2(theta), we can also express the original expression as:

sec^2(theta) - 1 which simplifies to tan^2(theta).

This means that the correct answers from the provided choices are (c) and (d).

find the inner product for (3,5) x (4,-2) and state whether the vectors are perpendicular. a.1; no b.1;yes c.2; no d.2; yes

Answers

Answer:

  c.  2; no

Step-by-step explanation:

The inner product is the sum of the products of corresponding vector components. It is a scalar value, not a vector value.

  (3, 5)·(4, -2) = (3)(4) +(5)(-2) = 12 -10 = 2

When the inner product is non-zero, the vectors are not perpendicular. (The yes answers with a non-zero value can be rejected out of hand.)

The appropriate choice is ...

  2; no

Final answer:

The inner product of the vectors (3,5) and (4,-2) is 2. As the dot product is not zero, the vectors are not perpendicular. Therefore, the correct answer is c.2; no.

Explanation:

To find the inner product of two vectors, we use the dot product formula. The dot product of two vectors u = (a1, b1) and v = (a2, b2) is calculated as u · v = a1 × a2 + b1 × b2. For the vectors (3,5) and (4,-2), we calculate as follows:

Inner product = 3 × 4 + 5 × (-2) = 12 - 10 = 2.

Two vectors are perpendicular if their dot product is zero. Since the dot product here is 2, not zero, the given vectors are not perpendicular.

Therefore, the correct answer is: c.2; no.

Other Questions
Read this sentence from chapter 1:"Steve Randle could lift a hubcap quicker and more quietly than anyone in the neighborhood, but he also knew cars upside-down and backward, and he could drive anything on wheels."These sentences show that:A) Steve was strong enough to pick up a hubcap, and he drove so fast that he often flipped his cars.B) Steve could be a very quiet individual, and he spent most of his time searching fo new tires.C) Steve was the most popular boy in the neighborhood, and he enjoyed driving backwards.D) Steve could steal a hubcap better than anyone, and he is very good with cars. pls help and dont ignore if you do help i will actually cry bc im failing math rnpls help please help urgent I will mark brainliest Which payment option can offer additional security likefraud protection? . Like Amalia, most infants show a range of emotions that become increasingly differentiated with age. At about 2-3 months of age, they begin to _____. show a spontaneous social smile show embarrassment express pride when they achieve a goal express disgust Find the rule of f(2) During the Reagan years, the rich got richer, andthe poor gotCopy linktropical vacationspoorerfederal assistancewater ice Two musicians are comparing their trombones. The first produces a tone that is known to be 438 hz. When the two trombones play together they produce 6 beats every 2 seconds. Which statement is true about the second trombone? What is 3(2x+10)=54 Solve for answer Fragile X syndrome is an X-linked dominantly inherited condition that contributes to autism and intellectual inabilities. Two individuals mate and produce three children. The female is heterozygous for the condition, and the male also displays the condition. What is the probability that the first two children will have the disorder and the last child will not? who Supported Civil Rights Movement Ivan allen or William B. Hartsfield or both? Consider a hypothesis test to decide whether the mean annual consumption of beer in the nation's capital is less than the national mean. Answer the following questions. 1. "The mean annual consumption of beer in the nation's captial is less than the national mean and the result of the hypothesis test does not lead to the conclusion that the mean annual consumption of beer in the nation's capital is less than the national mean" is a:________a. Correct decisionb. Type II errorc. Type I error2. "The mean annual consumption of beer in the nation's captial is less than the national mean and the result of the sampling leads to the conclusion that the mean annul consumption of beer in the nation's capital is less than the national mean" is a:_________a. Correct decisionb. Type II errorc. Type I error3. "The mean annual consumption of beer in the nation's captial is less than the national mean but the result of the sampling does not lead to the conclusion that the mean annual consumption of beer in the nation's capital is less than the national mean" is a:________4. Correct decisionb. Type II errorc. Type I errord. "The mean annual consumption of beer in the nation's captial is not less than the national mean and the result of the sampling does not lead to the conclusion that the mean annual consumption of beer in the nation's capital is less than the national mean" is a:________a. Correct decisionb. Type II errorc. Type I error The renal artery enters the kidney at this indented area. what is tthis this indented area? What is the slope of y = 5x - 1F how might the outcome of "The Interlopers" have been different had the two main characters followed the advice in Bacon's "On Revenge"? In an iron triangle, the interest group a. files formal lawsuits and amicus briefs against administrative agencies and congressional incumbents. b. organizes grassroots mobilizations against administrative agencies and congressional incumbents. c. is legally excluded from any interactions with congressional committees and administrative agencies. d. provides campaign contributions to members of Congress and lobbies for larger administrative agency budgets. Melissa Thomas leads the marketing research division at Tronics Inc., a manufacturing company based in Alabama. To improve future sales of the company's products, she has decided to collect customer opinions and feedback on the current products offered by her company. For this purpose, Melissa is looking for a highly flexible contact method which can be used to gather large amounts of data within the least possible time. In this instance, which of the following contact methods is most likely to hold the highest appeal for Melissa?A) online surveysB) in-depth interviewsC) telephone interviewsD) individual interviewsE) mail questionnaires Define these processes:ExtractionProductionDistributionConsumptionDisposal Solve the equation x/2 - 6 = y for xA. x= 2y - 6B. x= y + 12C. x= 2y + 6D. x= 2y + 12 Solve the system of equations. -10y+9x=-9 10y+5x=-5