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Billy invested $1000.00 into a savings account on the day his daughter was born. The money is being saved for her college tuition. Billy leaves the money in a savings account until his daughter's 18th birthday. The account earned a simple interest rate of 6.925%. What is the total amount in the account?

Answers

Answer 1

Answer:

Let the amount invested at 3% = x

Let the amount invested at 6% = y.

From the total amount invested, we get this equation.

x + y = 18

Now we look at the interest earned.

The 3% account earns 0.03x

The 6% account earns 0.06y

5% on the entire amount is 0.05 * 18 = 0.9

This gives us the second equation.

0.03x + 0.06y = 0.9

Now we have a system of 2 equations in 2 unknowns.

x + y = 18

0.03x + 0.06y = 0.9

Solve the first equation for y:

y = 18 - x

Replace 18 - x for y in the second equation.

0.03x + 0.06y = 0.9

0.03x + 0.06(18 - x) = 0.9

0.03x + 1.08 - 0.06x = 0.9

-0.03x + 1.08 = 0.9

-0.03x = -0.18

x = 6

Answer: He invested $6 at 3%


Related Questions

Two lines, A and B, are represented by equations given below: Line A: y = x − 2 Line B: y = 3x + 4 Which of the following shows the solution to the system of equations and explains why? (1 point) a (−3, −5), because the point does not lie on any axis b (−3, −5), because the point satisfies both equations c (−4, −8), because the point satisfies one of the equations d (−4, −8), because the point lies between the two axes

Answers

The solution to the system of equations is (-3, -5) because the point satisfies both equations

What is a linear function?

A linear function is in the form:

y = mx + b

Where m is the slope (rate of change) and b is the y intercept

Line A:

y = x − 2  (1)

Line B:

y = 3x + 4   (2)

Solving both equations simultaneously gives:

x = -3, y = -5

The solution to the system of equations is (-3, -5) because the point satisfies both equations

Find out more on linear function at: https://brainly.com/question/4025726

Jin's family took a road trip to Niagara Falls. Jin slept for the last 24 miles of the trip. If the total length of the trip was 400 miles, what percentage of the total trip had they travelled when Jin fell asleep?

Answers

Answer:

94%

Step-by-step explanation:

400-24=376

Find 376 out of 400 as a decimal:

376/400 = 0.94

0.94x100 = 94%

Write an equivalent expression to 16x + 20 using factoring.

Answers

Answer:

4(4x + 5)

Step-by-step explanation:

4 goes into both 16 and 20.

4×4 is 16 and

4×5 is 20.

When factoring you put the nunber you factored out typically, in front. Then the remaining factor goes in a set of parenthesis.

This is like undoing distributive property.

16x + 20

= 4(4x+5)

16x+20

Take 2 common

2(8x+10)

Again take two common

2(2(4x+5)

Simplify

4(4x+5)

Done

Jim rented a truck for one day. there was a base fee for $19.95 and there was an additional charge of 91 cents for each mile driven. Jim had to pay $243.81 when he returned the truck. For how many miles did he drive the truck?

Answers

First you’ll subtract the base fee, which is 19.95 from the price payed, 243.81

243.81
-19.95
223.86

Now take 223.86, your remainder and divide it by .91, you will get 246, meaning Jim traveled 246 miles.

Answer: Jim travelled 246 Miles.

Answer:

Jim travelled 246 Miles.

Step-by-step explanation:

If 1/10 of a scarf is knit in 48 minutes.what fraction of a scarf is knit in 1 hour

Answers

Answer:

1/8

Step-by-step explanation:

i believe this is the answer

Dont undersrand this at allll...

Answers

Answer:

2.3 2 1/3

Step-by-step explanation: you add up all the bikes then divide them by 3 because that's the number of people

2.3 is your answer, you have to do the equation

find the slope of the line that passes through the pints (2,7) and (2,6)

Answers

Answer:

Undefined Slope

Step-by-step explanation:

The points (2,6) and (2,7) are on the same vertical line of 2, which results in an undefined slope.

Answer:

m=undefined

Step-by-step explanation:

The formula to find the slope isn't very complicated. The formula is:

    y₂-y₁

m= --------

      x₂-x₁

You have the points (2,7) and (2,-6). In (2,7) 2 is your x and 7 is your y. Since (2,7) is your first coordinate set, we put 2 as our x₁ . We put 7 as our y₁ .

In (2,-6) 2 is your x and -6 is your y. Since (2,-6) is your second coordinate set, we put 2 as our x₂ . We put -6 as our y₂ .

Let's substitute all of these numbers in:

    -6-7       -13

m= -------  = -------

     2-2         0

So we have -13/0 .You would think that any number divided by                0 is 0, right?

                No. Any number divided by 0 is undefined.

                   

Therefore, you slope, m, would be:

m=undefined .

Helpppppp!!!
(Show work)

Answers

Answer:

Step-by-step explanation:

In the image below, why must triangle A'B'C be similar to ABC?

(Don't mind the chosen answer)

Answers

Answer: Option (3)

Step-by-step explanation:

You can get 2 pairs of corresponding angles from the parallel segments, meaning that they are similar by angle-angle.

Help solve this circle

Answers

You're basically using the supplement angle to find the missing number.

let f(x)=3x+4 and g(x)=2x-5 find (f-g)(x)

Answers

Step-by-step explanation:

find; (f-g)(x)

(f(x) - g(x))

f(x) = 3x + 4, g(x) = 2x - 5

3x + 4 - 2x + 5

x +9

Originally, a department store bought a set of dishes at a cost of $57.68 and marked it up 125%. After a month, the set of dishes had not sold, so the store marked it down 50%. What was the discounted price?

Answers

Answer:

$64.89

Step-by-step explanation:

57.68 + 1.25 × 57.68

= 57.68 + 72.1

= 129.78

The original price was $129.78.

129.78 – 0.50 × 129.78

= 129.78 – 64.89

= 64.89

The discount price was $64.89.

The perimeter of a rectangle is 168 m. Its length is five times its width. Find the length and width.

Answers

Answer:

Length of rectangle = 63 mWidth of rectangle = 21 m

Step-by-step explanation:

Given:

Perimeter of rectangle = 168 mLength of rectangle is five times the width

To Find:

Length and Width

Solution:

Let's assume width of rectangle x m and length of rectangle be 3x m. To calculate the dimensions of the rectangle we will use the formula of Perimeter of the rectangle

Perimeter of rectangle = 2(L + B)

Substituting the required values:

→ 168 = 2(3x + x)

→ 168 = 2(4x)

→ 168/2 = 4x

→ 84 = 4x

→ 84/4 = x

21 = x

Hence,

Length of the Rectangle = 3x = 3(21) = 63 mWdith of the rectangle = x = 21 m

Answer:

Length = 70 metre

Width = 14 metre

Step-by-step explanation :

As, it is given that, the perimeter of a rectangle is 168 m and its length is five times its width and we are to find the length and width of the rectangle. So,

Let us assume the width of the rectangle as w metre and therefore, the length will be 5w metre .

Now, According to the Question :

[tex]{\longrightarrow \qquad { \pmb{\frak {2 ( Length + Breadth )= Perimeter_{(Rectangle)} }}}}[/tex]

[tex]{\longrightarrow \qquad { {\sf{2 (5 w + w )= 168 }}}}[/tex]

[tex]{\longrightarrow \qquad { {\sf{2 (6 w )= 168 }}}}[/tex]

[tex]{\longrightarrow \qquad { {\sf{12 w = 168 }}}}[/tex]

[tex]{\longrightarrow \qquad { {\sf \: w = \dfrac{168}{12} }}}[/tex]

[tex]{\longrightarrow \qquad { \underline{ \boxed{ \pmb {\frak{ w = 14 }}}}}} \: \: \bigstar[/tex]

Therefore,

The width of the rectangle 14 metre .

Now, we are to find the length of the rectangle :

[tex]{\longrightarrow \qquad { { { \pmb {\frak{ Length = 5w }}}}}} \: \: [/tex]

[tex]{\longrightarrow \qquad { { { \pmb {\frak{ Length = 5 \times 14 }}}}}} \: \: [/tex]

[tex]{\longrightarrow \qquad { \underline{ \boxed{ \pmb {\frak{ Length = 70 }}}}}} \: \: \bigstar[/tex]

Therefore,

The length of the rectangle is 70 metre

On May 1, Anna purchased a new condo. She pays a monthly maintenance fee of $230. Her monthly property taxes equal 13.5% of the monthly fee. How much will Anna pay in property taxes for this calendar year?​

Answers

Answer:

$31.05

Step-by-step explanation:

You can get this answer by changing percent (13.5%) to just 13.5, or in other words, a decimal. you also change 230. to a decimal by by moving the decimal point two times to the left to get 2.30. You can then get your answer by multiplying the values together (2.30 x 13.5)

The first three terms of a geometric sequence are as follows.
-3, 15, -75
Find the next two terms of this sequence.
Give exact values (not decimal approximations).

Answers

Here the common ratio is -5

next terms will be 375 and -1875

Complete the table.
Milkshakes Cost

Answers

Answer:

811

Step-by-step explanation:

i d k

What is the value of z?

Enter
your answer in the box.

Answers

Answer:

the value of z is 60 degree

Tile the rectangle shown using square inches to find the area, and then use multiplication to confirm the area. Use paper to show your work.

Answers

Answer:

19 11/16

Step-by-step explanation:

5 1/4 x 3 3/4

Area = width x length

Write the word sentence as an equation.
5 is one-fourth of a number c. PLEASE HELP

Answers

1/4c=5 I think that’s the answer if not sorry

Find ℒ{f(t)} by first using a trigonometric identity. (write your answer as a function of s. ) f(t) = cos2(t)

Answers

The Laplace transform of f(t) = cos² t is equal to the following expression: [tex]\mathcal {L} \{\cos^{2} t\} = \frac{1}{2\cdot s} - \frac{s}{2\cdot (s^{2}+2)}[/tex].

How to determine the Laplace transform of a non-simple trigonometric expression

In this we need to rewrite the given function in terms of sines and cosines, whose Laplace transforms are well known. There is the following trigonometric formula:

[tex]\cos ^{2} t = \frac{1-\cos 2t}{2}[/tex]   (1)

Now we proceed to apply the Laplace transforms:

[tex]\mathcal {L} \{f(t)\} = \frac{1}{2}\cdot \mathcal {L} \left\{1 \right\}-\frac{1}{2}\cdot \mathcal {L}\left\{\cos 2t\right\}[/tex]

[tex]\mathcal {L} \{\cos^{2} t\} = \frac{1}{2\cdot s} - \frac{s}{2\cdot (s^{2}+2)}[/tex]

The Laplace transform of f(t) = cos² t is equal to the following expression: [tex]\mathcal {L} \{\cos^{2} t\} = \frac{1}{2\cdot s} - \frac{s}{2\cdot (s^{2}+2)}[/tex]. [tex]\blacksquare[/tex]

Remark

The statement is poorly formatted, the correct form is shown below:

Find [tex]\mathcal {L}\{f(t)\}[/tex] by first using a trigonometric expression. (Write your answer as a function of s). f(t) = cos² t

To learn more on Laplace transforms, we kindly invite to check this verified question: https://brainly.com/question/2088771

Please help extremely confused

Find the value of x. Round to the nearest tenth. The diagram is not drawn to scale. (picture of diagram included)​

Answers

Answer:

basic geometry and trig ratios

Step-by-step explanation:

sin 10 = 500/x

x = 500/sin 10

x = 2 879,4 m

Can someone solve this?

Answers

Step-by-step explanation:

First box =25

Second Box = 0.25

Question on picture(how the question short bozo)

Answers

Answer: The correct answer is C.

Step-by-step explanation: C Shows multiple animals and shows plants. It also shows water which is needed in an ecosystem.

Hope this helps!

Determine the length of a chord whose central angle is 90 degrees in a circle with a radius of 15 inches

Answers

Answer:

14.6

Step-by-step explanation:

Describe the correlation you would expect with these data sets.
(i) The height of a person and the speed at which they can run.
(ii) The age of a second car and its value.
(iii) Time spend watching TV and exam score
(iv) Height and income
(v) Sale of the apartment and high cost​

Answers

Answer:

(i) no correlation as one variable is not dependent on the other.

(ii)  The age of a car does affects its value.  Therefore, the age will be the independent variable (x-axis) and the value will be the dependent variable (y-axis).  Unless the car is a classic, sought-after car, as the age increases, its value decreases, so this will be a negative correlation.

(iii)  The time spent watching TV may affect exam score (since the more time spent watching TV equals less available time to spend studying).  Therefore, the time spent watching TV will be the independent variable (x-axis) and the exam score will be the dependent variable (y-axis).  As time spent watching TV increases, the exam score could potentially decrease, so this will be a negative correlation.

(iv)  no correlation, since one variable is not dependent on the other.

(v)  The cost of an apartment may affect its sale, but there are many factors that can affect this such as location of the apartment and the buyers it appeals to.  The cost will be the independent variable (x-axis) and the sale will be the dependent variable (y-axis).  In usual circumstances, we would expect to see as the cost of an apartment increases, the sale may decrease, as less and less buyers can afford to buy it, so this will be a negative correlation.

Keisha received a $90 gift card for a coffee store. She used it in buying some coffee that costs $8.47 per pound. After buying the coffee, she had $47.65 left on her card. How many pounds of coffee did she buy?

Answers

Answer: 4

Step-by-step explanation:

It sounds like you want to know how many pounds of coffee Latoya bought. First, let's figure out how much she spent. Subtract the amount she has left from the amount she started out with:

90 - 57.68 = 32.32

Latoya spent $32.32 on coffee. Since it cost $8.08 per pound, we can divide the total cost by 8.08 to figure out how many pounds she bought:

32.32/8.08 = 4

Evaluate the expression 3^-2

Answers

Answer:

-9 is the answer for 3^-2

A square is cut in half and the diagonal creating two equal triangles of each triangle has an area of 4.5 in.² what is the length in inches of the original square

Answers

8 Ft 9In i think dont kill me if its wrong

Given similar terms, solve for the missing variables (x)

Answers

Answer:

x=10

Step-by-step explanation:

the image above shows the work to solve the equation

The box-and-whisker plot below represents some data set. What is the minimum value of the data?

Answers

Answer:

minimum value is: the left whisker

Step-by-step explanation:

box an whisker plot: left line is the minimum, first part of the box is Q1, where the box has a middle line it is called Median, the other end of the box is Q3, the right line is called the maximum whisker.

Hope this helps

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