Ann and tom want to establish a fund for their grandson's college education. What lump sum deposit at a 12.7% annual interest rate compounded annually interest rate in order to have 20,000 in the fund at the end of 15 years

Answers

Answer 1

Answer:

2,683.34

Step-by-step explanation:

A=p(1+r/n)^nt

P=A/(1+r/n)^nt

A=20,000

r=12.7%=0.127

t=15

n=12

P=?

P=20,000/(1+/0.127/12)^12.7*15

=20,000/(1+0.0106)^190.5

=20,000/(1.0106)^190.5

=20,000/7.4534

P=2,683.3391

Approximately

P=2,683.34


Related Questions

16x-420>-100 I need help please

Answers

Answer:

x>20

Step-by-step explanation:

Answer:

[tex]x > 20[/tex]

Step-by-step explanation:

[tex]16x - 420 > - 100 \\ 16x > - 100 + 420 \\ 1 6x > + 320 \\ \frac{16x}{16} > \frac{320}{16} \\ x > 20[/tex]

hope this helps

brainliest appreciated

good luck! have a nice day!

Find the circumferences of the two circles circle a has a radius of 21 meters and circle b has a radius of 28 meters Is the relationship between the radius of a circle and the distance around the circle the same for all circles

Answers

Answer:

The circumference for circle a is [tex] \\ C = 131.9430[/tex]m.

The circumference for circle b is [tex] \\ C = 175.9240[/tex]m.

The relationship between the radius of a circle and the circumference (the distance around the circle) is constant and is the same for all circles and can be written as [tex] \\ \frac{C}{r} = 2\pi[/tex] or, in a less familiar form, [tex] \\ \frac{r}{C} = \frac{1}{2\pi}[/tex]. The number [tex] \\ \pi[/tex] is constant for all circles and has infinite digits, [tex] \\ \pi = 3.14159265358979....[/tex].

Step-by-step explanation:

The circumference of a circle is given by:

[tex] \\ C = 2*\pi*r[/tex] [1]

Where

[tex] \\ C[/tex] is the circle's circumference.

[tex] \\ r[/tex] is the radius of the circle.

And

[tex] \\ \pi = 3.141592....[/tex] is a constant value (explained below)

We can say that the distance around the circle is the circle's circumference.

The circumferences of the two circles given are:

Circle a, with radius equals to 21 meters ([tex] \\ r = 21m[/tex]).

Using [1], using four decimals for [tex] \\ \pi[/tex], we have:

[tex] \\ C = 2*\pi*r[/tex]

[tex] \\ C = 2*3.1415*21[/tex]m

[tex] \\ C = 131.9430[/tex]m

Then, the circumference for circle a is [tex] \\ C = 131.9430[/tex]m.

Circle b, with radius equals to 28 meters ([tex] \\ r = 28m[/tex]).

[tex] \\ C = 2*3.1415*28[/tex]m

[tex] \\ C = 175.9240[/tex]m

And, the circumference for circle b is [tex] \\ C = 175.9240[/tex]m.

We know that

[tex] \\ 2r = D[/tex]

That is, the diameter of the circle is twice its radius.

Then, if we take the distance around the circle and we divided it by [tex] \\ 2r[/tex]

[tex] \\ \frac{C}{2r} = \frac{C}{D} = \pi[/tex]

This ratio, that is, the relationship between the distance around the circle (circumference) and the diameter of a circle is [tex] \\ \pi[/tex] and is constant for all circles. This result is called the [tex] \\ \pi[/tex] number, which is, approximately, [tex] \\ \pi = 3.141592653589793238....[/tex] (it has infinite number of digits).

We can observe that the relationship between the radius of a circle and the circumference is also constant:

[tex] \\ \frac{C}{2r} = \frac{C}{D} = \pi[/tex]

[tex] \\ \frac{C}{2r} = \pi[/tex]

[tex] \\ \frac{C}{r} = 2\pi[/tex]

However, this relationship is [tex] \\ 2\pi[/tex].

We can rewrite it as  

[tex] \\ \frac{r}{C} = \frac{1}{2\pi}[/tex]

And it is also constant.

Answer:

Circle A is 42π

circle C is 56π

Solving a two-step equation for y

5y + 12 = 32

a
y=5
b
y=6
c
y=8.8
d
y=4

Answers

HOW DO I START?

Don't worry, you know that this problem only has two small steps, and it's done, it should take less than 45 seconds to complete.

WE ALWAYS WANT TO ISOLATE THE VARIABLE TO FIND Y: MAKE IT BE ALONE!

STEP 1: Subtract 12 from both sides, to start getting 5y alone.

NOW YOU HAVE: 5y = 20

STEP 2: Divide by 5 from both sides, to get the Y fully alone.

NOW YOU HAVE: y = 4

Hopefully this helped!

Nadia drew a design for a copper wire sculpture as shown above.She plans to make a wire frame that includes the perimeter of the square and the circumference of the circle.She has 5 feet of copper wire.Does she have enough wire for the sculpture?

Answers

Answer:

She does not have enough wire.

Step-by-step explanation:

The complete question included a design for her sculpture. It is a circle inscribe in a square and the length of the square is 9 inches. The picture above describe the design.

She has in possession a 5 ft of copper to construct a circle inscribe in a square.

The square is 9 inch length.

Perimeter of the square = 4L

where

L = length

Perimeter of the square = 4 × 9

Perimeter of the square = 36 inches

Circumference of a circle = 2πr

r = diameter/2 = 9/2 = 4.5 inches

Circumference of a circle = 2 × π × 4.5

Circumference of a circle = 2 × 4.5 × 3.14

Circumference of a circle = 9 × 3.14

Circumference of a circle = 28.26 inches.

The sculpture will consume 36 inches for the square and 28.26 inches for the circle. The total length for the sculpture will be 36 + 28.26 = 64.26 inches.

She has 5 ft copper for the sculpture . Let us covert the inches to ft to know if the copper wire is enough.

12 inches = 1 foot

64.26 inches = ?

cross multiply

wire required for the sculpture = 64.26/12

wire required for the sculpture = 5.355 ft

She does not have enough wire.

Answer:

No she does not have enough

Step-by-step explanation:

A baseball team played 82 games. The team won 7 more than twice as many games as it lost. The equation l+2l+7=82 models this relationship, where l is the number of games lost. How many games did the team lose? How many games did the team win?

Answers

Answer:

The team lost 25 games and won 57.

Step-by-step explanation:

I am going to say what:

w is the number of games won.

As the problem states, l is the number of games lost.

The team won 7 more than twice as many games as it lost.

This means that [tex]w = 2l + 7[/tex]

A baseball team played 82 games.

This means that:

[tex]w + l = 82[/tex]

[tex]2l + 7 + l = 82[/tex]

[tex]3l = 75[/tex]

[tex]l = \frac{75}{3}[/tex]

[tex]l = 25[/tex]

And

[tex]w = 2l + 7 = 2*25 + 7 = 57[/tex]

The team lost 25 games and won 57.

Which pyramid has a greater volume and how much greater is its volume?
8 in
4 in
.
9 in
6 in.
8 in
10 in
A) The volume of the pyramid on the left is greater by 8 in

B) The volume of the pyramid on the left is greater by 24in.

C) The volume of the pyramid on the right is greater by 8 in.

D) The volume of the pyramid on the right is greater by 24 in

Answers

Answer:

A)

Step-by-step explanation:

I did the test and got it correct please mark brainliest. I know it is correct.

Please help!

You pick a card at random. Without putting the first card back, you pick a second card at random.

What is the probability of picking a 3 and then picking a 5?

Simplify your answer and write it as a fraction or whole number.

Answers

Answer:

You have three card : 3, 4, and 5.

You first pick one card randomly, the probability of picking a 3 is:

P = 1/3

You then pick a second card without putting the first card back, the probability of picking a 5 is:

P = 1/2

=> The probability of picking a 3 and then picking a 5:

P = (1/3) x (1/2) = 1/6

Hope this helps!

:)

The manager of a store increases the price of the bathing suits by 7%. Let t be the original price of a bathing suit. The new price is t + 0.07t. A. Find an expression equivalent to t + 0.07t.

Answers

Answer:

[tex]t+0.07t=t(1+0.07)=t(1.07)=1.07t[/tex]

Step-by-step explanation:

There are a couple of  equivalent expressions to the function [tex]t+0.07t[/tex]. For example:

[tex]t+0.07t[/tex]

Factor:

[tex]t+0.07t=t(1+0.07)[/tex]

If you add the terms inside the parentheses:

[tex]t(1+0.07)=t(1.07)[/tex]

Basically you can add the like terms from the start and get the same result.

[tex]t+0.07t=1.07t[/tex]

Therefore:

[tex]t+0.07t=t(1+0.07)=t(1.07)=1.07t[/tex]

Which one of these grids is shaded red and blue in the ratio 1 : 1/3 ?

Answers

The grid among the answer choices which is shaded 1 : 1/3 is; Choice A.

Which Grid is shaded red and blue in the ratio 1 : 1/3 ?

It follows from the task content that the ratio of red to blue in each grid is as follows;

Choice A; 9 : 3 = 1 :1/3Choice B; 8 : 4 = 1 : 1/2Choice C; 7 : 5Choice D; 10 : 2 = 5: 1Choice E; 3: 9 = 1: 3Choice F; 6:6 = 1 : 1

On this note, it therefore follows that the grid with the required ratio is Choice A.

Read more on ratios;

https://brainly.com/question/13513438

Can someone help me with this??

Answers

Answer:

(-6,-2)

Step-by-step explanation:

Hello! Lets get started!

By looking at this problem, we see that both equations equal 2. This makes this problem much easier!

While there are a few methods you could solve this, I will use substitution. First, I need to find what x is in terms of y!

There are many different ways you could do this, here are two:

-x = 2-2y ==> x = -2+2y

-x + 2y = -3x + 8y ==> 2x = 6y ==> x = 3y

For this problem, I am going to use the second answer, x = 3y, as it is simpler!

We need to substitute 3y in for x in either equation; I am going to use the first equation, -x + 2y = 2.

-3y + 2y = 2

-y = 2

y = -2

Now, lets solve for x!

-x + 2(-2) = 2

-x - 4 = 2

-x = 6

x = -6

After plugging the answers into both equations, we see that they are in fact true!

Therefor, our final answer is (-6, -2)

Please help!

Zack deposited $9,129 in a savings account earning 5% interest, compounded annually.

To the nearest cent, how much will he have in 5 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Answers

Given Information:

Principle amount = P = $9,129

Interest rate = r = 4% = 0.05

Period in years = t = 5

Required Information:

Balance in 5 years = ?

Answer:

Balance in 5 years = $11,651.17

Step-by-step explanation:

Using the formula given in the question,

[tex]B = P(1 + r )^{t}[/tex]

Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years

[tex]B = P(1 + r )^{t}\\\\B = 9,129(1 + 0.05)^{5}\\\\B = 11,651.17[/tex]

Therefore, Zack will have $11,651.17 in 5 years by investing $9,129 in a savings account at 5% annual interest.

The ratio of the side lengths of Figure A to the side lengths of Figure B is 3 : 5. The area of the smaller figure is 36 square inches. What is the area of the larger figure?

Answers

since the ratio is 3:5, we can write it as the fraction 3/5. then do 3/5=36/x and now solves for x. cross multiply and you get 3x=180. divide by 3 and x=60. and that’s the area of the larger

School polo shirts come in small, medium, large, and extra large. They are available in 3 colors: red, blue, and green. What is the probability of choosing a large blue shirt?

Answers

Is this a questions your asking for math or just

44 students completed some homework and the histogram shows information about the times taken. Work out an estimate of the interquartile range. In your working you must show the lower and upper quartiles

Answers

Answer:

19 mins

Step-by-step explanation:

1.4 × 5 = 7

0.8 × 10 = 8

1.4 × 10 = 14

1 × 15 = 15

15 + 14 + 8 + 7 = 44

44 / 4 = 11

Lower Quartile of 44 = 11

Lower Quartile = 10 minutes

11 × 3 = 33

Upper Quartile = 29 minutes

The Range is 19 minutes

The Range is 19 minutes.

What is histogram?

A histogram is an approximate representation of the distribution of numerical data.

Here, we have,

1.4 × 5 = 7

0.8 × 10 = 8

1.4 × 10 = 14

1 × 15 = 15

15 + 14 + 8 + 7 = 44

44 / 4 = 11

Lower Quartile of 44 = 11

Lower Quartile = 10 minutes

11 × 3 = 33

Upper Quartile = 29 minutes

The Range is 19 minutes

To learn more on histogram click:

https://brainly.com/question/17145899

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What is the value of n-7 when n=14

Answers

Answer: The answer is 7

Step-by-step explanation:  First n=14, so we rewrite the equation and get 14-7. So the answer is 7.

PS. Can you mark brainliest???

Answer:

Basically 7

Step-by-step explanation:

If N=14 then 14-7

Which bank has the highest possible overdraft fee? Bank Account Terms and Conditions Bank A has a 0 dollar overdraft fee if link with savings account of 40 dollars per overdraft, Bank B has a 35 dollar overdraft fee, bank C has a 25 dollar overdraft fee, and bank D has a 25 dollar overdraft fee.
a.Bank A b. Bank B c.Bank C d.Bank D

Answers

Bank A has the highest possible overdraft fee.

An overdraft fee is charged when a payment or withdrawal from your bank account exceeds the available balance and your bank covers the transaction as part of an overdraft protection service. But in addition to covering the transaction, the bank or credit union then applies the fee.

What happens if you have an overdraft fee?

If you don't bring your balance above zero, the bank may close your account and transfer an unpaid balance to a collection agency. Another form of overdraft protection that banks may offer is an automatic transfer from a linked account to cover a purchase if you don't have enough money in checking.

Learn more about overdraft fees here https://brainly.com/question/1739416

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which expression has the fewest number of significant figures

A 296.54
B 5003.1
C 18.3
D 360.01

Answers

Answer:

18.3

18.3 only has three significant figures while the other numbers have more

C. 18.3
It only has 4 significant figured

A line segment has an endpoint at(-1, -7). If the midpoint of the line segment is (3. - 3), what are the coordinates of the point at the other end of the line segment?

Answers

Answer:

the coordinate of the point at the end of the line segment : ( 7 , 1 )

Step-by-step explanation:

HOPE THIS HELP YOU!!! ;))))

While shopping for​ clothes, Tracy spent ​$26 less than 2 times what Curtis spent. Tracy spent ​$12. Write and solve an equation to find how much Curtis spent. Let x represent how much Curtis spent.

Answers

Answer:

Curtis spent $76

(x=76)

Step-by-step explanation:

12 +26

Tracy spent 12 dollars, which was 26 dollars less two times what Curtis spent

(38)2

You then take 12+26 and multiply it by 2

76

brainliest pls?

What is the area of the composite figure?

A. (6pi + 4) cm
B. ( 6pi + 16) cm
C. ( 12pi + 4) cm
D. ( 12pi + 16) cm

Answers

Answer:

16 + 6pi cm

Step-by-step explanation:

We have a square of length 4 cm

A = s^2 = 4^2 = 16

We have 3 semi circles

with radius 2

A semi circle has an area of

1/2 pi r^2 = 1/2 pi (2)^2 = 1/2 (4pi) = 2pi

There are 3 of them

3 * 2 pi = 6pi

Add the areas together for the square and the semicircles

16 + 6pi

Answer:
(6pi + 4) cm^2

Or just A/ first option

Find the slope of the line graphed

Answers

Answer:

The slope is 3/2

Step-by-step explanation:

To find slope you do rise over run

Rise being how much you go up or go down

Run being how much you move sideways

Always measure Rise first, it is the numerator and then Run as the denominator.

Answer:

m= 3/2.

Step-by-step explanation:

To find the slope, use the two points shown in the graph which as (-1, 2) and (1, 5). Plug these into the slope formula [tex](m= \frac{y_{2}-y_{1} }{x_{2}-x_{1}} )[/tex]

[tex]m= \frac{5-2 }{{1+1}}[/tex]

[tex]m= \frac{3}{2}[/tex]

Therefore, the slope of the graph is 3/2.

Seller Andy require a 2.5% deposit on all offers. Buyer josh wants to offer $452,000 for the property. The property was appraised at $465,000. What must the earnest money deposit be if Josh presents his current offer?

Answers

Answer: $11,300

Step-by-step explanation:

Given the following :

Buyer Josh's offering price = $452,000

Required deposit rate = 2.5%

Earnest money deposit is the product of :

Offering price × required deposit accepted

$452,000 × 2.5%

$452,000 × 0.025 = $11,300

Please help me I need help in this please help me and thank you

Answers

Answer:

i think we need the

Step-by-step explanation:

coordinates to be able to plot it

Correct answer only please!

Answers

Answer:

$9257.5

Step-by-step explanation:

plug into the equation  known variables

Answer:

2257.50

Step-by-step explanation:

B=p(1+r)^t

p= principal amount= $7000 in the saving account

r= interest rate= 15%= .15

t- number of years = 2

B= 7000(1+.15)^2

B= 7000(1.15)^2

B= 7000(1.15)(1.15)

B= 9257.50

She has a total of 927.50 dollars in the account after two years. To find out how much of that is interest we take the Balance and subtract what she invested.

B-p= 9257.50-7000= 2257.50 earned in interest.

Can someone answer this question please please help me I really need it if it’s correct I will mark you brainliest .

Answers

Formula for the area of a face of a cube: A = length x width

Let's find the area of one face.

A = 5 x 5

A = 25

Now, let's multiply the area of one face by 6 because a cube has 6 faces.

25 x 6 = 150

A = 150 square centimeters

Hope this helps! :)

What is the kinetic energy of a 44kg cheetah running at 50 m/s?

Answers

Answer:

55,000 Joules,

Step-by-step explanation:

Kinetic energy = 1/2 *mass * velocity^2

= 1/2 * 44 * 50^2

= 55,000 Joules,

X=1-y, 6x+5y=11 using substitution method

Answers

Answer:

x=6 y=-5

Step-by-step explanation:

6x+5y=11

X=1-y

6x=6(1-y)

6x=6-6y

6-6y+5y=11

6-y=11

y=-5

x=1-y

x=1-(-5)

x=6

so,

x=6

y=-5

Answer:

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

Step-by-step explanation:

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

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

Let's check whether the answer is correct.

[tex]6x + 5y = 11 \\ 6 \times 6 + 5 \times ( - 5) = 11 \\ 36 - 25 = 11 \\ 11 = 11[/tex]

yes ,its correct

Darryl is a plumber. He charges $35 to make a service call and $20 an hour for any repairing. Write an algebraic equation relating Darryl’s charge to the total number of hours of labor required.

Answers

Answer:

Y= 20x+35

Step-by-step explanation

This is the eqaution, because the amount of hours he works is x and the phone call are an added plus. Add them together and youll get y

solve for n
-7+2/3n = 13

Answers

Answer:

[tex]- 7 + \frac{2}{3}n = 13 : n = 30[/tex]

Step-by-step explanation:

[tex]-7+\frac{2}{3}n=13[/tex]

Add [tex]7[/tex] to both sides:

[tex]-7+\frac{2}{3}n+7=13+7[/tex]

Simplify:

[tex]\frac{2}{3}n=20[/tex]

Multiply both sides by [tex]3[/tex]:

[tex]3 * \frac{2}{3}n=20 * 3[/tex]

Simplify:

[tex]2n=60[/tex]

Divide both sides by [tex]2[/tex]:

[tex]\frac{2n}{2}=\frac{60}{2}[/tex]

Simplify:

[tex]n = 30[/tex]

Hope I helped. If so, may I get brainliest and a thanks?

Thank you. Have a good day! =)

can someone help me with exercise 1 please​

Answers

Answer:

A) 5X+6=2X+30

    6 = -3X+ 30 (Subtracted 5X from both sides)

   -24 = -3X (Subtracted 30 from both sides)

     8 = X (divide -3 from both sides)

B) Isolate the variable by dividing each side by factors that don't contain the variable.  x = 8

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