Ashley deposits $10 000 at the end of each month for 6 times at rate of 5% compounded monthly. How much will be in her account
a. at the end of 6th month?
b. 3 months after her last deposit if rate of interest have remained level?
c. at the end of 6th months if she misses the deposit in 3rd month?
d. at the end of 6th months if she deposit $20 000 at the beginning of 1st month
e. at the end of 6th months if the rate growth to 6% from 4th months
f. Construct the deposit table for each of the above questions

Answers

Answer 1

The future values of Ashley's periodic deposits under the five scenarios are stated in the deposit table as follows:

Deposit Table:

Item     Initial       Periodic      Deposit    Interest    Future Value    Interest

         Deposit     Deposit        Period        Rate                                    ($)

a.      $10,000     $10,000     6 months        5%        $61,774.51      $1,774.51

b.     $10,000     $10,000     3 months        5%      $30,502.78       $502.78

c.      $10,000    $10,000     6 months        5%        $51,774.51     $1,522.42

d.    $20,000    $10,000      6 months       5%        $72,201.71     $2,201.71

e.   $10,000     $10,000     6 months       5%/6%  $60,803.78       $803.78

What is the future value?

The future value of a periodic investment represents the present value of cash flows compounded at an interest rate into the future.

The future value is computed using the FV formula or factor.

It can also be computed using an online finance calculator as follows:

Data and Calculations:

Periodic Deposit = $10,000

Investment period = 6 months

Interest rate = 5% compounded monthly

a) for illustration:

N (# of periods) = 6 months

I/Y (Interest per year) = 5%

PV (Present Value) = $0

PMT (Periodic Payment) = $10,000

Results:

FV = $61,774.51

Sum of all periodic payments = $60,000 ($10,000 x 6)

Total Interest = $1,774.51

Other Special Cases:

c) Interest on $10,000 for 3 months is $1,522.42 ($1,774.51 - $252.09).

d)                             Future Value      Interest

5% with $20,000   $82,285.04    $2,285.04

5% with  $10,000     (10,083.33)          (83.33)

Total for 6 months   $72,201.71     $2,201.71

e)                            Future Value       Interest

5% for 3 months    $30,502.78       $502.78

6% for 3 months     $30,301.00       $301.00

Total for 6 months $60,803.78      $803.78

Learn more about the computation of future values at https://brainly.com/question/24703884 and https://brainly.com/question/12979998

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Related Questions

HELP ASAP PLS SHOW WORK

Answers

Answer:

42

dnndndndndndnd

dndndndndj

If the probability of an event is
and there are 28 total outcomes, how many favorable outcomes are there?
0 1
04
07
O 28
PLEASE ANSWER AND HURRRRRRY

Answers

Answer:

uhhh 28

Step-by-step explanation:


[tex]53 \times \frac{8}{6} [/tex]
i dont know how to do it can u show me​

Answers

Answer:

What do you want your answer in? Exact or decimal form?

Exact form: 212/3

Decimal form 70.6

Step-by-step explanation:

Cancel the common factor of 8 and 6 for 53 * 4/3. Multiply 53(4/3), 212/3. This would be the answer for the exact form, decimal form is created by dividing 212 by 3, for 70.66666--.

53x8
____

1x6


Do that and ur answer

One number is 10 less than 5 times the second number. Their sum is 26. Find the numbers.

Answers

the answer is 40
this should be right

The two numbers are 6 and 20 respectively.

What are word problems?

A word problem is a few sentences describing a 'real-life' scenario where a problem needs to be solved by way of a mathematical calculation.

Given is that one number is 10 less than 5 times the second number. Their sum is 26.

Let the numbers be [x] and [y] repsectively. Then, we can write that -

x + y = 26        ..... Eq[1]

x = 5y - 10        ..... Eq[2]

We can write -

x + y = 26

5y - 10 + y = 26

6y = 36

y = 6

Then, we can write [x] as -

x = 5 x 6 - 10 = 30 - 10 = 20

x = 20

Therefore, the two numbers are 6 and 20 respectively.

To solve more questions on equation modelling, visit the link below -

https://brainly.com/question/29299318

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Consider the first four terms of the sequence below.

1, -1/2, 1/4, -1/8, ...

What is the 8th term of this sequence?

A. -1/256
B. 1/128
C. -1/128
D. 1/256

Answers

Answer:

the answer is C.-1/128......

five and three sixths minus two and one third

Answers

Answer:

19/6

Step-by-step explanation:

5 3/6 - 2 1/3 = 19/6

No it's not is 67 and 23

Answers

Answer:

What?

Step-by-step explanation:

I don't understand.

Hace 9 meses que no llueve cual es el número entero​

Answers

hnAnswer:

gjunn

Step-by-step explanation:

Answer:

en un menos de 9 meses

ya que es desmunusion es de 0


2, 3,6
Write the fact family formed by these numbers.

Answers

Answer:

‍♀️

Step-by-step explanation:

villian

Answer:

2, 3, and 6:

2 X 3 = 6,

3 X 2 = 6,

6 � 2 = 3

6 � 3 = 2.

Hope it helps

Please mark me as the brainliest

Thank you

Jennifer has been collecting beads all summer. She started with 65 beads and by the end of the summer, she added 25 more beads to her collection. On the first day of school, she wants to evenly split the beads up among her 6 friends. How many beads will each friend get?
A. 12
B. 15
C. 24
D. 17

Answers

Answer:

hi!

First we need to see how many beads she collected in total at the end of the summer: 65+25=90 beads at the end of the summer

she gives to each of her friends 90:6(friends)=15 beads for each (answer B)

hope i helped!

ig: landonorris

:>

A water faucet leaks 3/5 of a liter of water in 3/4 of an hour. Which TWO statements are correct for this situation


1. The faucet leaks 4/5 liter per hour.

2. The faucet leaks 5/4 liter per hour.

3. The faucet leaks 2/5 liter per 1/2 hour.

4. The faucet leaks 3/8 liter per 1/2 hour

5. The faucet leaks 3/10 liter per 1/2 hour.

Answers

Answer:

A & C

Step-by-step explanation:

Please just trust me

Answer:The faucet leaks 4/5 liter per hour.

The faucet leaks 2/5 liter per 1/2 hour.

Step-by-step explanation:

The legend on a map states that 1 inch
is 250 miles. If you measure 3 inches
on the map, how many miles would
the actual distance be?

Answers

It would be 750 miles. 250*3=750
750 miles would be the answer of how many miles

I need some help please !

Answers

Answer:

With what?

Step-by-step explanation:

Solve the given differential equation by using an appropriate substitution. The DE is a Bernoulli equation. t2 (dy/dt) + y2 = ty

Answers

Answer:

Step-by-step explanation:

[tex]t^2 \dfrac{dy}{dt}+ y^2 = ty \\ \\ t^2 \dfrac{dy}{dt}-ty = -y^2[/tex]

[tex]\text{by dividing both sides by }{y^2},\text{ we have:}[/tex]

[tex]\dfrac{t^2}{y^2}\dfrac{dy}{dt}- \dfrac{ty}{y^2}= -1[/tex]

[tex]\dfrac{t^2}{y^2}\dfrac{dy}{dt}- t\dfrac{1}{y}= -1[/tex]

[tex]\text{by dividing both sides by }t^2; \text{we have;}[/tex]

[tex]\dfrac{1}{y^2}\dfrac{dy}{dt}- \dfrac{1}{t}\dfrac{1}{y}= -\dfrac{1}{t^2}--- (i)[/tex]

[tex]Let \ v = \dfrac{1}{y}[/tex]

[tex]\dfrac{dv}{dt}= -\dfrac{1}{y^2}\dfrac{dy}{dt}[/tex]

[tex]-\dfrac{dv}{dt}= \dfrac{1}{y^2}\dfrac{dy}{dt}[/tex]

[tex]\text{replace in equation (1); we have}[/tex]

[tex]- \dfrac{dv}{dt}-\dfrac{1}{t}v = -\dfrac{1}{t^2}[/tex]

[tex]- \Big ( \dfrac{dv}{dt}+ \dfrac{1}{t}v \Big) = -\dfrac{1}{t^2}[/tex]

[tex]\dfrac{dv}{dt}+\dfrac{1}{t}v = \dfrac{1}{t^2}[/tex]

[tex]\text{relating above with} \dfrac{dv}{dt}+ P(t) v = Q(t) \text{, we have:}[/tex]

[tex]P(t) = \dfrac{1}{t} \ \ \ , \ \ \ \ Q(t) = \dfrac{1}{t^2}[/tex]

[tex]\mu (t) = e^{\int P(t) \ dt }= e ^{\int \dfrac{1}{t} \ dt}= e^{In|t|}= t[/tex]

[tex]v\mu(t) = \int \mu(t) Q(t) dt + C[/tex]

[tex]vt = \int (t) (\dfrac{1}{t^2})dt + C[/tex]

[tex]vt = \int \dfrac{1}{t}dt + C[/tex]

[tex]vt = Int+C[/tex]

[tex]v = \dfrac{In \ t + C}{t}[/tex]

[tex]\text{substitute } v = \dfrac{1}{y}}, we \ get}[/tex]

[tex]\dfrac{1}{y}=\dfrac{In \ t +C}{t}[/tex]

[tex]\mathbf{y = \dfrac{t}{In \ t + C}}[/tex]

Pat finds that the length of a ceiling beam is 114 inches what is the length of the beam in feet.
how to work it out in a problem​

Answers

Answer:

farted farted fartedfarted

Answer

Step-by-step explanation:

A storm is moving toward your house at a speed of 20 km/hr. It is now 60 km away from your
house. In what time will the storm reach your house?

Answers

Answer:

3 hours

Step-by-step explanation:

(60km)/(20km/hr)=3

The storm would come to your house by three hours because it is going towards the house at 20 KM an hour and then it’s going to be 60 km away and then after that, you would have to divide 60 km with 20 km and then you would get 3 hours.


You're welcome:)

Selena has 3 bagels. She wants the bagels for breakfast for 5 days. If she eats the same amount of bagel each day, how much bagel should she eat each day for breakfast.

Answers

Answer:

0.6

Step-by-step explanation:

Sense she eats 3 bagels in 5 days, you would multiply 3 and 5 you would then get 15 bagels

Let me know guys pls

Answers

Answer:5

Step-by-step explanation:

Answer:

Step-by-step explanation:

x/35=15/25

x=35(15)/25

x=21



A road is 3/5
of a mile long. A crew needs to repave 3/7
of the road. How long is the section that needs to be repaved?
Write your answer is simplest form.

Answers

Answer:

9/35

Step-by-step explanation:

3/5 x 3/7

Solve for t.
45 = 5t + 45
Answer:
Submit Answer

Answers

Answer:

0

Step-by-step explanation:

45=5t+45

-45=-45

0=5t

/5

0=t

Hope this helped :)

Answer:

T=0

Step-by-step explanation:

Subtract 45 from both sides and then simplify then divide bith sides of the equation by the same term

Comans Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:
Milling Customizing
Machine-hours 18,000 13,000
Direct labor-hours 4,000 7,000
Total fixed manufacturing overhead cost $ 113,400 $ 64,400
Variable manufacturing overhead per machine-hour $ 1.60
Variable manufacturing overhead per direct labor-hour $ 3.90

During the current month the company started and finished Job A319. The following data were recorded for this job:

Job A319: Milling Customizing
Machine-hours 60 10
Direct labor-hours 20 60
Direct materials $ 655 $ 305
Direct labor cost $ 400 $ 1,200The amount of overhead applied in the Milling Department to Job A319 is closest to:
A. $552.00
B. $474.00
C. $142,200.00
D. $96.00​

Answers

Answer:

Comans Corporation has two production departments, Milling and Customizing. The company uses a job-order

Can someone please help me I don’t understand

Answers

Answer:

The ship is traveling at 25 mph

Step-by-step explanation:

12.5/0.5=25

25/1=25

37.5/1.5=25

The speed is constant (25) so the ship is moving at 25 mph

An elementary school class ran 1 mile in an average of 11 minutes with a standard deviation of 3 minutes. Rachel, a student in the class, ran 1 mile in 8 minutes. A junior high school class ran 1 mile in an average of 9 minutes, with a standard deviation of 2 minutes. Kenji, a student in the class, ran 1 mile in 8.5 minutes. A high school class ran 1 mile in an average of 7 minutes with a standard deviation of 4 minutes. Nedda, a student in the class, ran 1 mile in 8 minutes.

Required:
a. Why is Kenji considered a better runner than Nedda, even though Nedda ran faster than he?
b. Who is the fastest runner with respect to his or her class? Explain why.

Answers

Answer:

Step-by-step explanation:

a.

Kenji ran faster than the class average by 0.25 of a standard deviation while Nedda was slower than the average in her class.

b.

Rachel: average - 1st deviation

Kenji: average - 0.25 standard deviation

Nedda: slower than average so it's definitely not her.

Since Rachel is faster than the average and differs by the most standard deviations compared with Kenji,

So, Rachel is the faster one.

Brian received a gift card of $60 for a pizza restaurant. The restaurant charges $5 per pizza. Ashley received a gift card of $100 for a different pizza restaurant.
The restaurant charges $10 per pizza.
Let x be the number of pizzas purchased.helpppp!!
See photo^^^

Answers

Ashley can purchase 10 pizzas and Brian can purchase 12 so there would be nothing left on the cards

5/60=12

10/100=10

y = 4x - 11
4x - y = 11
Systems of equations by substitution

Answers

Answer:

............................

Answer:

No Solution

Step-by-step explanation:

Substitute y = 4x - 11 in 4x - y = 11

4x - y = 11

4x - 4x - 11 = 11

-11 = 11

There is no solution because -11 does not equal 11.

the coast of 16 pens is rupees 256. Find the cost of 13 pens.​

Answers

256 divided by 16=16 each pencil
So, 16x13=208
Answer: 208

Write an expression to represent “7 less than 6 times a number n.”

Answers

Answer:

7 < 6n

Step-by-step explanation:

Answer:

6n-7

Step-by-step explanation:

7 Less = -7

6 x n = 6n

Combine an expression we get 6n - 7

Can someone help me with a two step equatio that is x=2

Answers

Sure type it in comments

The factors of x² and x and x - 5.

A. True

B. False ​

Answers

A.True

True hai

mujhe brainliest mark karde agar nahi kiya toh tujhe report kardunga

The answer is true




Hope this helps :)

If x=9 in what is the surface area of the geometric shape formed by this net?

Answers

Answer:

1134 in²

Step-by-step explanation:

Surface area is:

x²*2 + 3x*x*4 = 14x²

Substitute x:

14x² = 14*9² = 1134 in²
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