2. Maady has a savings account with $5580. She earns 15% interest per year.a. Make a table showing the value of the account through year 5.b. Make a graph to represent the pattern from part a.c Create an explict equation for the scenario.d. Use the explicit equation to tell the value of the account in 12 years.

We will answer the first question since we answer only one question at a time. Please resubmit the…

Answered: 2. Maady has a savings account with…

2. Maady has a savings account with $5580. She earns 15% interest per year. a. Make a table showing the value of the account through year 5.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter2: Linear Equations

Section: Chapter Questions

Problem 2PFA

See similar textbooks

Related questions

Q: 4 a) If a house is sold for $790,000 plus GST what is the actual sale price? Iman b) If a house is…

A: 4) Given information: Open market price=$790,000 Rate of GST=12%

Q: Ann kept the record below of transactions to her savings account. Ann's Account Ledger Date…

A: Given ledger of savings account, To find the greatest change to the balance of savings account.

Q: s. What is Bill Johnson's monthly electricity consumption?

Q: 2. The sale of the company (in million dollars) for each year are shown in the table below x(vear)…

A: Excel Procedure: Enter X and Y in Excel>Data>Data Analysis> ‘Regression’>Select Y under…

Q: 7. According to the Housing Recommendations from the book, if a family has a gross annual income of…

Q: Eliza paid an interest of $1,000 on a loan she had borrowed at a simple annual interest rate of…

Q: If you purchase an item for $1,295 at an interest rate of 9.8% and you finance it for 1 year, about…

A: Suppose that X purchased an item, Cost of the item purchased by X, P=$1295. The interest rate,…

Q: Calculate the missing information round dollars to the nearest cent and percents to the nearest…

A: Given: The given cost $41.40 amount of markup $24.50 percent

Q: Answer the following questions completely. Mboi sells his house through a real estate agent whose…

A: Let x be the selling price of x.

Q: Last year, Martina deposited $2000 into an account that paid 4% interest per year and $6000 into an…

A: We have the formula to calculate interest. I=pnr where p is the principal amount, n is the number of…

Q: You want to buy a home. You can borrow 80% of the purchase price. Assuming that you can make a…

A: Given that You want to buy a home. You can borrow 80% of the purchase price. Assuming that you…

Q: If you are planning to apply for a personal loan and borrow PhP 30,000 and repay the principal and…

A: It is known that the loan borrowed is PhP 30,000 and the loan has to be repaid in 3 years. a) It is…

Q: The closing price of a $1000 bond if it is listed at 84.39% is : O 1.18 84.39 843.90 O 8439.00 O…

A: We will find the closing price as following.

Q: Stefan borrowed $8,950 for an engagement ring. At a 6.85% simple interest rate, how much total will…

Q: Tom sells mutual funds on a graduated commission structure. He receives 3.3% on the first 50,000 of…

Q: What is the amount owed for an installment loan to Finance Plan Product kitchen appliances $6000.00…

A: Given:- Finance plan product kitchen appliances price $ 6000…

Q: (1) The family spend 15% of their New Zealand dollars on a tour. Calculate the number of dollars…

Q: 5. The Jacobs Family owned a condo in Bethpage Acres. They bought it for $130,000 6 years ago and…

Q: a. Identify the amount borrowed, the annual interest rate, the number of payments per year, the…

A: Here we have, An individual borrowed $72,000 at an APR of 6% which will be paid off with monthly…

Q: A recently married couple ran up a $6,594 credit card balance for wedding expenses. Their credit…

Q: You want to buy a $243,000 home. You plan to pay 10% as a down payment, and take out a loan with a…

Q: Ben wants to purchase a new car in 3 years and expects the car to cost $30,000. His bank offers a…

Q: Bria Williams' savings account statement is shown below. What is her new balance? Previous Interest…

Q: 3. A restaurant bill is $59 and you pay $72. What percentage gratuity did you pay

Q: the luke company acquired new laser machine worth $580,000. the center plans to pay 40% advance…

Q: 3. Madison currently has $72,345 in her retirement account, and her goal is to have at $120,000 in…

A: Given that: Money present, P=$72345Money required in future, F=$120000Rate of interest = 3.5%

Q: You decide to contribute to a mutual fund that averages 3.3% return per year. If you contribute $22…

A: Given data, P = $225 r = 3.3 % per year = ( 3.3/4 ) % r = 0.00825

Q: Chicora Inc. receives multiple discounts of 25/10/5 on cellphone that is listed $848.00, what is the…

A: Given listed price of cellphone is $848.00. Given discounts are 25% ,10% ,5%. Price after 1st…

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 9% interest. How…

Q: James has a mortgage of $94,500 at 8% for 30 years. The property taxes are $3,900 per year, and the…

A: To find the monthly payment

Q: 2. Your lunch costs $17.95 and your total bill with tip was $23 before tax. What percent tip did you…

A: Cost of a lunch =$17.95 Total bill paid with tip =$23 To find The percentage of tip paid to the…

Q: You borrow $3,053 from a friend and promise to pay back $3,999.43 in 5 years. What simple interest…

Q: Has a credit plan which charges her an interest rate of 36% compounded bimonthly. What is the…

A: Here, the formula used is: i=1+rmm-1...(1)

Q: 4) What is the initial value? hours money (S) 6. 9. 12 15 18 2345

Q: How long will it take a borrower to diminish P198, 480 if a lender charges 15.65% monthly and…

Q: You decide to contribute to a mutual fund that averages 5.1% return per year. If you contribute $575…

A: Consider a contribution made to a mutual fund which returns on an average of 5.1% per year. A…

Q: 7. The new selling price of an item was P730.00 and its markdown rate based on original selling was…

Q: generate a simulation of the automobile collision claim payments to 10 payments? b. how many claims…

A: Given: PAYMENT ($) Probability 0 0.83 500 0.06 1000 0.05 2000 0.02…

Q: B 1. A conservative invesment account pays 2% interest. If you deposit 500 a week into this…

A: Let's find.

Q: A credit card account had a $261 balance on March 5. A purchase of $196 was made on March 12, and a…

A: Solution

Q: 8. According to the Housing Recommendations from the book, if a family has a gross annual income of…

Q: Use the given information to find the new price. Round to the nearest cent. Original Price: $77.02…

A: Original Price = $77.02 discount rate = 11%

Q: $10,000, should the investor purchase t

A: Rezoning Approved Rezoning Not Approved Purchase 590 -160 Do not Purchase 0 0 Let H =…

Q: You purchase a mutual fund at an offer price of $15.79 per share. If the net asset value is $15.26,…

A: Given that: Net asset value of share = $15.26Cost of share = $15.79

Q: You own a home that was recently appraised for $310,000. The balance on your existing mortgage is…

A: The appraised value of the home is $310,000.

Q: A $2000 Treasury bond with a coupon rate of 6.0% that has a market value of $1875

Q: rade O P A Kami Uploads Alexandra Robin - Tax-markup wkst pdf 7. A pre-owned car costing $ 17,000,…

Q: Last year, Reuben deposited $2000 into an account that paid 2% interest per year and $3000 into an…

Q: Carla earned wages of $49,869, received $1846 in interest from a savings account, and contributed…

A: Given information Earned wages=$49,869 Interest received=$1846 Tax contributed=$2524 Personal…

Q: 8. Barb Wetmore plans to invest $7580. Find the interest rat required for the fund to grow to…

A: See the attachment

Concept explainers

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.

Question

2. Maady has a savings account with $5580. She earns 15% interest per year.
a. Make a table showing the value of the account through year 5.
b. Make a graph to represent the pattern from part a.
c Create an explict equation for the scenario.
d. Use the explicit equation to tell the value of the account in 12 years.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Linear Equations$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.

Similar questions

Graph on the number line: (a) x2 (b) x3 (c) x1
a. If the cutout length increases from 0.8 to 2.3 inches, what is the change in the box's volume? (You may use your graphing calculator.) b. If the cutout length increases from 2.3 to 4 inches, what is the change in the box's volume?
If the graph below has the equation Ax + By = -4, what must be true about A and B? A<0, B>0 A>0, B>0 A>0, B<0 A = 0, B = 0
If the graph below has the equation Ax + By = C, which statement MUST be true? A > 0 C = 0 B < 0 A < 0 B > 0
How do I solve and graph the problem below?
A new car that was purchased for $23,500 has a class life of 12 years. Using straight line depreciation, this car depreciates at $1,850 per year. a. Write an equation for the depreciation b. What is the salvage value of the car? c. In your equation from part (a), what do the slope and y-intercept represent in the context of the problem? Write at least a one sentence interpretation for each.
Graph the following explanation on the graph S = 25N
You buy a new car for the price of $28,750 and, on average, that car’s value will depreciate by 18.25% each year. Use a graphing calculator to determine the time when your car’s value will be just $10,000 to the nearest year.
Graph a and b?
How much would Diane have to make in order to get paid the same amount in one month at both jobs? Graph both situations on the same coordinate plane.
In Mayville, 90% of the existing dog licenses are reissued each year, and 1200 new licenses are issued. in 1995 there were 15,000 dog licenses issued. a. Write a difference equation and inital conditions describing the number of dog licenses Mayville will issue n years after 1995. b. How many dog licenses will Mayville issue in 2004? c. If the present trnd continues, how many dog licenses can Mayville expect to issue after many years?
Graph ?(?)=?3+3?2−9?−27