Use the magic penny parable to determine how much money you would have after 8 days.

Answers

Answer 1
Final answer:

In the magic penny parable, choosing a penny that doubles in value every day leads to a significant amount of money. After 8 days, you would have 256 pennies.

Explanation:

The magic penny parable is a story that demonstrates the power of compound interest. In the story, a person is given the choice between taking a million dollars or a penny that doubles in value every day for 30 days. By choosing the penny, they end up with over 5 million dollars at the end of 30 days.

To determine how much money you would have after 8 days, we can use the formula for compound interest:

Final amount = Initial amount * (1 + interest rate) ^ number of periods

In this case, the initial amount is 1 penny, the interest rate is 100% (as the penny doubles in value), and the number of periods is 8 days.

Using this formula, the calculation would be:

Final amount = 1 penny * (1 + 1)^8 = 1 penny * 2^8 = 1 penny * 256 = 256 pennies.

Therefore, after 8 days, you would have 256 pennies.


Related Questions

300 out of 500 people went on a trip what PERCENTAGE of people were NOT able to go on the trip...

Answers

6 percent because 300/500 equals 0.6.

Well, there are 500 people, but only 300 are coming on the trip. That means that 200 people aren't going on the trip. Therefor, 200/500 is the fraction you would use. Now, just simplify the fraction. 200/100=2, and 500/100=5, so the fraction simplifies down to 2/5. 2/5 equals 40% so 40% of the people were not able to go on the trip.

B&B inc. has ordered machine parts and recieves a charge of $15 for shipping and handeling plus $20 per part. Write an equation that represents the cost c of ordering p parts?

Answers

15 + 20p = c ( this is the answer )
fifteen plus twenty times the number of parts equals the total cost.

When you graph a system of two linear equations, which outcome is NOT possible?

a.The lines do not intersect, so there are no solutions.


b.The lines intersect at one point, so the system has one solution.


c.The lines intersect in two different points, so the system has two solutions.


d.The graphs of the two equations are the same line, so there are infinitely many solutions.

Answers

Lines cannot intersect at multiple points...so the answer would have to be C :)

What is the value of B?

Answers

[tex]2x^2-12xy-32y^2=2(x-8y)(x+By)\qquad|\text{use distributive property}\\\\2x^2-12xy-32y^2=(2x-16y)(x+By)\\\\2x^2-12xy-32y^2=(2x)(x)+(2x)(By)+(-16y)(x)+(-16y)(By)\\\\2x^2-12xy-32y^2=2x^2+2Bxy-16xy-16By^2\\\\2x^2-12xy-32y^2=2x^2+(2B-16)xy+(-16By)[/tex]

[tex]\text{therefore:}\\\\2B-16=-12\ \text{and}\ -16B=-32\\\\2B=4\ \text{and}\ B=2\\\\B=2\ \text{and}\ B=2\qquadCORRECT[/tex]

Answer: B = 2

You randomly draw cards from a standard deck and place them face up on the table. What is the probability that the first two cards will both be aces.

a . 1/169
b. 1/221
c. 1/2
d. 1/26

Answers

4/52 * 3/51 = 12/ 2652  = 1/221

Final answer:

The probability of drawing two aces consecutively from a standard deck is 1/221. This is determined by calculating the individual probabilities of drawing an Ace on each draw, and then multiplying these probabilities together.

Explanation:

The question at hand is about the probability of drawing two aces consecutively from a standard deck of 52 cards. Probability is a branch of mathematics that deals with calculating the likelihood of a given event's occurrence, which is expressed as a number between 1 and 0.

Here, the total number of aces in the deck is 4. So, the probability of drawing an Ace on the first draw is 4/52 or 1/13. After drawing one ace, there are only 3 aces left and 51 cards in total. So, the probability of drawing an Ace on the second draw is 3/51.

Since these are independent events, the probability of both events occurring is the product of their individual probabilities. Therefore, the answer is (1/13) * (3/51) = 3/663 = 1/221.

So, option b. 1/221 is the correct answer.

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I need answer for my homework r^2=100

Answers

the is 10 because the √100 is 10. hope this helps mark me as brainliest


You have a spanish club meeting every fourth day and math club meeting every tenth day. Today you have both meetings. In how many days will you have both meetings on the same day again?

Answers

The answer is 20 days
Final answer:

By finding the Least Common Multiple (LCM) of 4 and 10, we can discover that the math club and Spanish club will coincide every 20 days.

Explanation:

This query relates to the concept of the Least Common Multiple (LCM). As the math club convenes every 10 days and the Spanish club convenes every 4 days, we need to find when these meetings will coincide again. In other words, we are finding the LCM of 4 and 10. This tells us the least common multiple days that the two clubs meet.

Let's breakdown the calculation:

First, list the prime factors of each number. For 4, that would be 2x2, and for 10, it would be 2x5.Next, take all the unique prime factors and multiply them together. So, 2x2x5 = 20.

Therefore, the Spanish club and the math club will meet on the same day every 20 days.

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how to solve
/d + 9/ > 3

Answers

Final answer:

The solution to the inequality |d + 9| > 3 is d < -12 and d > -6.

Explanation:

The question is asking how to solve the absolute value inequality |d + 9| > 3. For this problem, you need to consider two scenarios because an absolute value represents a distance, which can be either positive or negative. For the first scenario, consider the inequality as (d + 9) > 3 which, when simplified, gives us d > -6. For the second scenario, consider the inequality as -(d + 9) > 3, which simplifies to d < -12. That means any value of 'd' that's greater than -6 or less than -12 will satisfy the inequality.

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Find the greatest Greatest Common Factors of the following Monomials 34a^2b 24a^5b^2

Answers

34a^2b= 2 x 17 a * a * b

24a^5b^2: 2 x 2 x 2 x 3 a * a * a * a * a * b * b

gcf: 2a^2b

The greatest common factor (GCF) of the monomials [tex]34a^2b[/tex] and [tex]24a^5b^2[/tex] is [tex]2a^2b[/tex]. This is found by determining the GCF of the coefficients and the lowest exponent for each common variable.

To find the GCF of two monomials, we need to find the common factors for the coefficients, and then the lowest exponent for each variable that appears in both terms. The coefficients of the given monomials are 34 and 24. The GCF of these numbers is 2.

Next, look at the variables:

For a, the lowest exponent in both terms is a2

For b, the lowest exponent is just b (since one term is b, and the other is b2)

Therefore, the GCF of [tex]34a^2b[/tex] and [tex]24a^5b^2[/tex] is [tex]2a^2b[/tex].

There are 16 tables in the school lunch room. Each table can seat 22 students. How many students can be seated at lunch at one time?

Answers

16 tables x 22 students = 352 students can be in the lunch room.


Final answer:

The number of students that can be seated at lunch at one time is 352.

Explanation:

To find the number of students that can be seated at lunch at one time, we need to multiply the number of tables by the seating capacity of each table.

Given that there are 16 tables and each table can seat 22 students, we can calculate the total number of students that can be seated at one time by multiplying 16 by 22:

16 tables * 22 students/table = 352 students

Therefore, 352 students can be seated at lunch at one time.

Joanie made 8 bedazzled vests in her sewing class for all her cousins. Give 2 possible combinations of the number of buttons, zippers and sparkly stickers that she used to make the vests. Explain your reasoning

Answers

Total number of bedazzled vests made = 8.

We need to find the combinations of the number of buttons, zippers and sparkly stickers that she used to make the vests.

First we need to find all the factors of 8.

Factors of 8 are : 1,2,4,8.

Now we need to find the combinations threes of those factors of 8.

1×2×4 = 8

1×1×8 = 8

2×2×2 = 8.

Therefore, there could be only three combinations of number of buttons, zippers and sparkly stickers that she used to make the vests.

1,2,4

1,2,8 and

2,2,2.




3(-21)/7-12/6 need the answer

Answers

if ur equation looks like this, then the answer is -63/5 , and in decimal form the answer is -12.6 i hope this helps! !!

what is -4(2n-3)=12-8n

Answers

the anwser is infinite solution

Step 1. Expand

-8n + 12 = 12 - 8n

Step 2. Cancel -8n on both sides

12 = 12

Step 3. Since both sides equal, there are infinitely many solutions

Answer: Infinitely Many Solutions

round 3,458 to the neaerest hundreds

Answers

3458=3,458.00

Hoped this worked out well

:) have a nice day

Answer:

3500 is your answer

Step-by-step explanation:

Note the hundreds place value (underlined): 3458.

Look at the number to the right of the underlined number. It is a 5. You round up if the number is 5 or greater.

3458 rounded to the nearest hundred is 3500.

~Senpai

A bus is driving 122 mph, and stops at a red light that slows him down 22mph. How many mph is he driving??

Answers

Answer:

The bus driver is now driving 100 mph after the stop light.

Step-by-step explanation:

If he slowed down 22 mph from 122 you'd subtract. 122-22=120 mph. Hope it helps!

The bus initially driving at 122 mph slows down by 22 mph at a red light, resulting in a current speed of 100 mph. The calculation is 122 mph minus 22 mph.

Calculating the Speed of the Bus

To determine the current speed of the bus, we need to account for the reduction in speed due to the red light.

The bus is initially driving at 122 mph. When it stops at the red light, its speed is reduced by 22 mph.

So, we use the following calculation:

Speed reduction: 22 mph

Therefore, the final speed is:

122 mph - 22 mph = 100 mph

The bus is now driving at 100 mph.

The equation y-5=6(x+1) is written in point-slope form. What is the equation written in slope-intercept form?y = 6x + 11y = 6x – 1 y = 6x – 4y = 6x + 6

Answers

The slope-intercept form: y = mx + b

We have in point-intercept form: y - 5 = 6(x + 1)

Transform:

y - 5 = 6(x + 1)     |use distributive property

y - 5 = (6)(x) + (6)(1)

y - 5 = 6x + 6     |add 5 to both sides

y = 6x + 11

The equation of required line in slope intercept form is y= 6x + 11 First option is correct

What is equation of line in slope intercept form?

The most general form of equation of line in slope intercept form is given by y = mx + c Where m is the slope of the line and c is the y intercept of the line. Slope of a line is the tangent of the angle that the line makes with the positive direction of x axis. If  [tex]\theta[/tex] is the angle that the line makes with the positive direction of x axis, then slope (m) is given by m =  [tex]tan\theta[/tex]

The distance from the origin to the point where the line cuts the x axis is the x intercept of the line.

The distance from the origin to the point where the line cuts the y axis is the y intercept of the line.

Here,

[tex]y - 5 = 6(x + 1)\\y - 5 = 6x + 6\\y = 6x + 6 + 5\\y = 6x +11[/tex]

y= 6x + 11 is the equation written in slope intercept form. First option is correct

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What interest rate per annum is a fund paying its clients if the third to the last payment of a depositor became Php 1,040.40 from an initial savings payment of Php 1,000.00?

Answers

The interest rate per annum if a fund paying its clients is the third to the last payment of a depositor became Php 1,040.40 from an initial savings payment of Php 1,000.00 is 1.32%

To get the interest rate, we will use the formula for calculating the compound interest as shown:

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

P is the amount of investment

n is the time of compounding

t is the time

A is the amount after t years

Given the following parameters

P = 1,000.00

A = Php 1,040.40

n = 1

Substitute the parameters into the formula

[tex]1040.4=1000(1+\frac{r}{1} )^{3}\\\frac{1040.4}{1000}=(1+r)^3\\1.0404 = (1+r)^3\\ln(1.0404) = 3ln(1+r)\\ 0.0396=3ln(1+r)\\ln(1+r)=0.0132\\1+r = e^{0.0132}\\1+r =1.0132\\r=1.0132-1\\r=0.0132\\r=1.32\%[/tex]

Hence the interest rate per annum if a fund paying its clients is the third to the last payment of a depositor became Php 1,040.40 from an initial savings payment of Php 1,000.00 is 1.32%.

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Final answer:

The fund is paying its clients an interest rate of 4.04% per annum.

Explanation:

To determine the interest rate per annum, we can use the formula:

Interest = Final Amount - Initial Amount

In this case, the Final Amount is Php 1,040.40 and the Initial Amount is Php 1,000.00. So, the interest is Php 40.40.

Next, we can use the formula:

Interest Rate = (Interest / Initial Amount) × 100

Substituting the values:

Interest Rate = (40.40 / 1000) × 100 = 4.04%

Therefore, the fund is paying its clients an interest rate of 4.04% per annum.

alani wants to buy a $360 bicycle. she is considering two payment options the image shows option A which consists of making an initial down payment then smaller, equal sized weekly payments. option b consists of making 6 equal payments over 6 weeks

Answers

for A)

if she has $ for the downpayment of $70

for B)

360-70+290

290/ 5=58

amount paid = 290-58(#month)

a=290-58m

ANSWER

A= -58m+290


A) The factors that Alani should consider before deciding on the option to choose are:

Availability of cash for the initial down paymentInterest rate for each optionTotal cost of each option.

B) The amount that Alani would have to pay for the weekly payments is $58.

An equation to model the amount paid for Option A after m months is A = 360 - 70 + mx.

How the equation is derived:

Option A:

Total cost = $360

Initial down payment = $70

Number of weekly payments = 5

Weekly payment = $58 (360 - 70)/5

Option B:

Total cost = $360

Weekly payment = $60 ($360/6)

Equation:

Let the weekly payment = x

Let the number of monthly payments = m

Total amount paid after m months (A) = 360 - 70 + mx

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Complete Question:

Alani wants to buy a $360 bicycle.  She is considering two payment options.

Option A consists of making an initial down payment of $70 and then 5 smaller, equal-sized weekly payments until she has paid a total of $360.  

Option B consists of making 6 equal payments over 6 weeks in order to pay a total of $360.

A) What factors should Alani take into consideration before deciding which option to choose?

B) How much would Alani have to pay for each weekly payment with option A?  Write an equation to model the amount paid for Option A after m months

Algebra question: Anita rides her bike 82.4 miles each month. Which is the best estimate of the total distance Anita bikes in 6 months. A) 800 miles; B) 600 miles; C) 400 miles; D) 480 miles.

Answers

*(Answer)*= [tex]494.4[/tex]

The best would be 480 because 82.4x6=494.4

You are given $100 for your birthday. You put the $100 in a savings account that pays an interest rate of 2.4% compounded monthly. If you leave your money for a year, how much will you have?

Answers

Each month the new total you be
initial amount * 1.024

Repeating the process for a year (=12 months) you get
initial amount * 1.024^12

Being initial amount = $100

100*1.024^12 = $132.92

After 1 year you will have $132.92

After one year, by depositing $100 in a savings account with a 2.4% interest rate compounded monthly, you will have $102.43.

You are given $100 for your birthday and decide to put it in a savings account that offers a 2.4% interest rate, compounded monthly. To calculate how much money you will have after one year, we'll use the formula for compound interest, which is [tex]A = P(1 + r/n)^{(nt)[/tex], where:

P is the principal amount ($100).r is the annual interest rate (0.024).n is the number of times the interest is compounded per year (12).t is the time the money is invested for in years (1).

Plugging these values into the formula, we get:

[tex]A = 100(1 + 0.024/12)^{(12*1)A = 100(1 + 0.002)^{12A = 100(1.002)^{12A = 100(1.0243)A = $102.43[/tex]

Therefore, after one year, you will have $102.43 in your savings account.

which of the following numbers is closest to the mean

Answers

Hello!

To find the closet number we first need to understand how our data, and how to find the mean.

The mean is known as the average, which we find when we add all of our data up and divide by the number of factors.

In this case, after reading our graph, our data set is equal to:

3,4,4,4,4,5,5,5,5,5,6,6,6,6,7,7,8,9,10,11

When all of these numbers are added we get = 120

120 divided by 20 (the total number of factors) is equal to 6!

Which means that the answer to this question is E. 6

Hope this helps.

Based on the calculations, a number which is closest to the mean of this distribution is equal to: E. 6.

What is a mean?

A mean is also known as arithmetic average and it's a ratio of the sum of the total number in a data set to the frequency of the data set.

How to calculate the mean?

Mathematically, the mean for this data set would be calculated by using this formula:

Mean = [F(x)]/n

For the total number of data, we have:

F(x) = 3 + 4 + 4 + 4 + 4 + 5 + 5 + 5 + 5 + 5 + 6 + 6 + 6 + 6 + 7 + 7 + 8 + 9 + 10 + 11

F(x) = 120.

Substituting the parameters into the formula, we have:

Mean = [F(x)]/n

Mean = [120]/20

Mean = 6.

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Give one combination of two factors whose product is 0.24, if one of the factors is a whole number greater than 1.

Answers

Answer: There are a lot of answers to this product. Some of them include (in the format (w, x), where w is the whole number, and x is the factor you must multiply it by to get 0.24):

(2, 0.12), (3, 0.08), (4, 0.06), (6, 0.04), and so on.


Step-by-step explanation: Well, you could just assign the smallest who number greater than 1 to one of the factors, which is 2. Now you just have to multiply that by another factor to get 0.24. To do this, you could set up an equation like this:

2*x=0.24

Next, you would divide both sides by 2 to cancel out the 2 on the left side of the equation, leaving you with:

x=0.12

There you have it!

Now you can check your work by multiplying 2 and 0.12, and you will get 0.24!

You can do the same thing with other whole numbers, such as 3 and 4, and complete the same process to find the decimal factor that multiplies to 0.24.


an artist enlarged a drawing she made. the original is 3cm wide and 5cm tall .the artist set the copier zoom button to 120% . what is the longer dimension of the new drawing.

Answers

For this case we have the following data:

The original dimensions of the drawing are:

Width: 3cm Height: 5cm

If the copier zoom is at 120%, we can find the new dimensions of the drawing by making a rule of three:

Width:

3 ----------> 100%

x ----------> 120%

Where x represents the new width of the drawing:

[tex]x=\frac{(120*3)}{100}\\x=3.6cm[/tex]

Long:

5 ----------> 100%

y ----------> 120%

Where y represents the new long of the drawing:

[tex]y=\frac{(120*5)}{100}\\y=6cm[/tex]

Thus, the new dimensions are 3.6 cm wide and 6 cm long

Answer:

the longer dimension of the new drawing is 6cm


Answer:

the answer is 6 cm

Step-by-step explanation:

Here’s one way you can solve this problem.

A zoom setting of one hundred twenty percent means that the dimensions of the new copy will be one hundred twenty percent of the dimensions of the original drawing.

First, write the scale that expresses the ratio of the original percent to the copy percent, one hundred to one hundred twenty.

Then, let h represent the height of the copy and write the ratio of copy to original as five centimeters to h centimeters.

Next, write a proportion that equates the two ratios. One hundred to one hundred twenty equals five to h.

Then, cross multiply the terms of the proportion. One hundred twenty times five equals one hundred h.

Next, multiply to get six hundred equals one hundred h.

Finally, divide both sides by one hundred to find h. h equals six.

So, the longer dimension of the new drawing is six centimeters, which is one hundred twenty percent of five centimeters.

hope it helps

during one season a total of 453,193 people attended a baseball game teams games what is the value of the digit 5 in the number of people

Answers

50,000 or Ten thousands


the value of the digit 5 is 50,000. Think of it as the numbers behind 5 as zeros and you will have the answer.

Juan went up 25 feet during a climb on a rock climbing wall. What does 0 represent?

Answers

Answer: 25 feet during a climb

Step-by-step explanation:

The system of equations below represents the measures of 2 angles created by the diagonal of a rectangle: x + y = 90 y =1/5 What is the measure of the greater angle? ° What is the measure of the smaller angle? °

Answers

Answer:

The larger of the two angles is x, which is 75. y is the smaller angle at 15.

Step-by-step explanation:

In order to find these, we can use our solved value for y in the second equation to plug into the first equation. This method is called substitution.

x + y = 90

x + (1/5x) = 90

1.2x = 90

x = 75

Now we can plug that value into either equation to find y

y = 1/5x

y = 1/5(75)

y = 15

Answer:

1.) 75

2.) 15

Step-by-step explanation:

edge 2020 Dec 8

How to solve the equation: |2x+3|>=23

Answers

[tex]|2x+3|\geq23\iff2x+3\geq23\ \vee\ 2x+3\leq-23\qquad|\text{subtract 3 from both sides}\\\\2x\geq20\ \vee\ 2x\leq-26\qquad|\text{divide both sides by 2}\\\\x\geq10\ \vee\ x\leq-13[/tex]

Which construction is shown in the accompanying diagram

Answers

The construction that is shown in the accompanying diagram is the perpendicular bisector of line AB.

What is a perpendicular bisector?

A perpendicular bisector is a line or a line segment that both bisects (cuts in half) another line segment and is perpendicular (forms a right angle) to it. In other words, it is a line that passes through the midpoint of a given line segment and is perpendicular to that segment.

If you have a line segment with endpoints A and B, the perpendicular bisector is the line that passes through the midpoint, in this case (C) of AB and forms a right angle with AB. The perpendicular bisector divides the line segment into two equal parts.

You can read 45 pages of your new book in 2 hours. How many pages can you read in 3 hours?

Answers

All you need to do is divide 45 by 2 and then multiply what you get by 3 ➗
you can read 67.5 pages in 3 hours. 45/2= 22.5

Define plasma as a form of matter

Answers

Plasma is a form of matter in which many of the electrons wander around freely among the nuclei of the atoms. Plasma has been called the fourth state of matter, the other three being solid, liquid and gas.

Normally, the electrons in a solid, liquid, or gaseous sample of matter stay with the same atomic nucleus. Some electrons can move from atom to atom if an electrical current flows in a solid or liquid, but the motion occurs as short jumps by individual electrons between adjacent nuclei. In a plasma, a significant number of electrons have such high energy levels that no nucleus can hold them.

An atom that has lost some of its electrons, thereby attaining an electric charge, is an ion. When a gas is subjected to heat or an electric field, some of its atoms become ions, and the gas is said to be ionized. An ionized gas, unlike a gas in its normal condition, can conduct electrical current to a limited extent. If the heat or electric field becomes extreme, many of the atoms become ions. The resulting super-ionized gas is a plasma, which can conduct a large and sustained electric current.

The behavior and properties of plasmas have aroused interest and creative work among scientists and engineers. Applications include electric lamps, lasers, medical devices, energy converters, water purifiers and flat-panel video displays. About 99% of the visible universe is formed of plasma.

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