Tami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying 2.3% compounded annually. Determine the amount needed in the account for Tami to do this. Round to the nearest cent. a. $115,052.98 b. $103,641.00 c. $91,651.92 d. $93,759.91 Please select the best answer from the choices provided A B C D

Answers

Answer 1

Answer:

Answer:

Option c -$91,651.92

Step-by-step explanation:

Given : Tami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying 2.3% compounded annually.

To find : Determine the amount needed in the account for Tami to do this.    

Solution :

We apply the present value formula to get the amount,

     

Where, PV is the present value ,the required amount

P is the principal P=$10,364.10

r is the rate r=2.3% annually, r=0.023

n is the time n=10 years

Substitute in the formula,

   

   

   

   

     

     

Therefore, The amount needed is $91651.92.

Hence, Option c is correct.

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Step-by-step explanation:


Related Questions

2. The width of a rectangle is 5 units less than the length. If the area is 150 square units, then find the dimensions of the rectangle

Answers

Answer:

[tex] \boxed{Dimensions\: of \: the \: rectangle \: are \: 15 \: and \: 10 units} [/tex]

Step-by-step explanation:

Let the length of rectangle be 'x' units

So, width of rectangle will be = x - 5 units

Area of rectangle = 150 square units

[tex]=> Area \: of \: rectangle = length × breadth \\ \\ = > 150 = x \times (x - 5) \\ \\ = > 150 =( x \times x )- (x \times 5) \\ \\ = > 150 = {x}^{2} - 5x \\ \\ = > 0 = {x}^{2} - 5x - 150 \\ \\ = > {x}^{2} - 5x - 150 = 0 \\ \\ = > {x}^{2} - (15 - 10)x - 150 = 0 \\ \\ = > {x}^{2} - 15x + 10x - 150 = 0 \\ \\ = > x(x - 15) + 10(x - 15) = 0 \\ \\ = > (x - 15)(x + 10) = 0 \\ \\ = > x - 15 = 0 \: \: \: \: \: \: \: \: \: or \: \: \: \: \: \: \: \: \: x + 10 = 0 \\ \\ = > x = 15 \: \: \: \: \: \: \: \: \: \: or \: \: \: \: \: \: \: \: \: x = - 10[/tex]

Dimension cannot be negative so the value of x is 15

Therefore,

Length of rectangle = 15 units

Width of rectangle = 15 - 5 = 10 units

Please answer quickly thank you

Answers

Answer:

minimum

Step-by-step explanation:

I think it is (-1,-2) minimum

SRRY BUT PLZ HELP IVE TRIED SO MANY TIMES XCCC

The table shows the weekly salaries in dollars of eight staff members of a company

Which of the following is most affected by the highest salary?

A.) the mean and median
B.) the median
C.) the mean
D.) the mode​

Answers

Answer:

The answer is C

Step-by-step explanation:

Mean is more affected by the highest salary because 890 is an outlier and using mean makes middle salary inaccurate. Outliers do not affect the median because you are just counting. 

Solve this please! Thank you!

Answers

Answer:

D . 2x = 5

Step-by-step explanation:

cause it seems like the hanging thing is in balance -> both sides need to be equal in value. the left side contains 2 x-es, and the right side contains 5 ones.

It is (D) hope this helps

Given the following formula, solve for m.
y=mx+b

A.m=x(y-b)
B.m= y-b/x
C.m= x(y+b)
D.m= y+b/x

Answers

y = mx + b

You need to isolate m.

1. Bring b to the other side by subtracting it from both sides

y - b = mx

2. Divide out x to isolate m on the right

(y - b)/x = m

You answer is B. m = y - b / x

A local kids play sold 8 adult tickets and 9 child tickets for a total of $205. On day two they sold only 4 adult tickets and 3 child tickets for a total of $83. What was the price of each kind of ticket?

Answers

Answer:

The price of 1 adult ticket is $ 11 and price of 1 child ticket is $13

Step-by-step explanation:

Let x be the cost of 1 adult ticket

Let y be the cost of 1 child ticket

Cost of 8 adult tickets = 8x

Cost of 9 child tickets = 9y

We are given that A local kids play sold 8 adult tickets and 9 child tickets for a total of $205

So, 8x+9y=205 ----- 1

Cost of 4 adult tickets = 4x

Cost of 3 child tickets = 3y

We are given that 4 adult tickets and 3 child tickets for a total of $83.

4x+3y=83 ----2

Plot 1 and 2 on graph

8x+9y=205  -- Red line

4x+3y=83  -- Blue line

Intersection point provides the solution

So, Intersection point =(11,13)

So, The price of 1 adult ticket is $ 11 and price of 1 child ticket is $13

I need help Han someone help plz

Answers

Answer:

E

Step-by-step explanation:

[tex] {5.6}^{ - 5} \times {3.4}^{ - 7} \times {5.6}^{3} \times {3.4}^{ - 4} = {5.6}^{ - 2}. {3.4}^{ - 4} [/tex]

Hope this helps...

help with geometry
Which figure correctly shows the line of symmetry?

Answers

Answer:

C

Step-by-step explanation:

Figure C is correctly and exactly divided into two parts so it's a line of symmetry.

Answer:

C is divided correctly and exactly into two seperate parts.

Step-by-step explanation:

What is the domain of f?

Answers

Answer:

Step-by-step explanation:

(-3,6)

To decorate for a party, Rob and Loretta were each given a bag of balloons. There were 40 balloons between both bags. Rob used 8 balloons from his bag, and Loretta used 8 balloons from hers. The product of the number of balloons left in each bag is no more than 44.

Let x represent the number of balloons that Rob had in his bag before he used any. Which choice represents the number of balloons left in their bags?

If Rob originally had more balloons than Loretta, what is the least number of balloons that Rob could have had before using any?

Answers

Answer:

1) Option D is correct.

The choice that represents the number of balloons in their bags is x² - 40x + 300 ≥ 0

2) Option A is correct

If Rob had more balloons than Loretta, the least number of balloons that Rob van have before using any = 30.

Step-by-step explanation:

Complete Question

To decorate for a party, Rob and Loretta were each given a bag of balloons. There were 40 balloons between both bags. Rob used 8 balloons from his bag, and Loretta used 8 balloons from hers. The product of the number of balloons left in each bag is no more than 44.

Let x represent the number of balloons that Rob had in his bag before he used any. Which choice represents the number of balloons left in their bags?

A. x² - 40x - 300 = 0

B. x² - 40x - 300 < 0

C. x² - 40x = 300

D. x² - 40x + 300 ≥ 0

If Rob originally had more balloons than Loretta, what is the least number of balloons that Rob could have had before using any?

A.30

B.20

C.10

Solution

If x is the number of balloons that Rob had at the start, the number of balloons that Loretta would have at the start = (40 - x)

Then, they both use 8 balloons each for their designs,

The number of balloons Rob has after the design = (x - 8)

The number of balloons Lorretta has after the design = (40 - x - 8) = (32 - x)

The product of the balloons left isn't more than 44

(x - 8) × (32 - x) ≤ 44

32x - x² - 256 + 8x ≤ 44

44 ≥ -x² + 32x + 8x - 256

44 ≥ -x² + 40x - 256

44 + x² - 40x + 256 ≥ 0

x² - 40x + 300 ≥ 0

To solve the second part of the question, we just solve the expression obtained in the first part.

x² - 40x + 300 ≥ 0

Simplifying the left hand side

(x - 30)(x - 10) ≥ 0

The solutions of the inequality is

x ≤ 10 or x ≥ 30

Hence, if Rob had more balloons than Loretta, the feasible solution for x would be x ≥ 30 and the least number of balloons that Rob van have before using any = 30.

Hope this Helps!!!

Answer:

D & A

Step-by-step explanation:

Answer:

1) Option D is the right answer.

x2 - 40x + 300 0 is the option that reflects the number of balloons in their bags.

2) Option A is the right answer.

If Rob had more balloons than Loretta, the minimum number of balloons Rob could have before using any would be 30.

Step-by-step instructions:

Question in its entirety, Rob and Loretta were each handed a bag of balloons to decorate for a party. Between the two bags, there were 40 balloons. Loretta used 8 balloons from her bag, while Rob used 8 from his.The total number of balloons left in each bag cannot exceed 44. Let x be the number of balloons in Rob's bag before he utilized any of them. Which option best depicts how many balloons they still have in their bags? x2 - 40x - 300 = 0 A. x2 - 40x - 300 0 x2 - 40x - 300 0 x2 - 40x - 300 0 x2 C. 40x - x2 = 300 x2 - 40x + 300 0 x2 - 40x + 300 0 x2 - 40x + 300 0 x2 What is the smallest number of balloons that Rob has if he started with more than Loretta? What is the smallest number of balloons Rob could have had before using any if he had more than Loretta at the start? Solution A.30 B.20 C.10 If x is the number of balloons Rob had at the start, Loretta's number of balloons at the start would be = (40 - x) Then they each use eight balloons to create their creations. After the design, the number of balloons Rob possesses Equals (x - 8) Then there was (40 - x - 8) = the amount of balloons Lorretta possesses after the design (32 - x) The product of the remaining balloons is just 44. (x - 8) (32 - x) 44 x x x x x x x x x x x 32x - x2 - 256 + 8x 44 44 -x2 + 32x + 8x - 256 44 -x2 + 32x + 8x - 256 44 -x2 + 40x - 256 x2 - 40x + 256 0 x2 - 40x + 300 0 44 + x2 - 40x + 256 0 We just solve the equation acquired in the first half of the question to solve the second portion of the question. x2 - 40x + 300 ======================== Simplifying...

(x - 30)(x - 10) 0 (x - 30)(x - 10) 0 (x - 30)(x - 10) 0 (x - 30)(x - The inequality's solutions are x 10 or x 30. As a result, if Rob has more balloons than Loretta, the viable solution for x is x 30, and the smallest number of balloons Rob may have before using any is 30. I hope this information is useful!!! ⭐️

PLEASE HELP ME????: Divide. Write your answer as a decimal. 0.408 ÷ 0.51=

Answers

Answer:

0.8 i think

Step-by-step explanation:

Yes the answer is 0.8

help meh plz im a dum dum head

Answers

Ur not dumb I’m the dumb one XD

Answer:

Step-by-step explanation:

Ur not dumb I’m the dumb one XD

What is slope intercept formula. Best answer brainliest

Answers

Answer:

y= mx+b

Step-by-step explanation:

Slope intercept formula:

y=mx+b

m= slope

b= y intercept

Answer:

The equation of a horizontal line is y = b where b is the y-intercept. Since the slope of a horizontal line is 0, the general formula for the standard form equation , y = mx + b becomes y = 0x +b y = b. Also,since the line is horizontal, every point on that line has the exact same y value. This y-value is therefore also the y-intercept.

Step-by-step explanation:

Which will hold more juice, 12cans which is 150 ml or 2 bottles which is 1 liter

Answers

Answer:

if the two bottles are 1 liter each then those two bottles would hold more juice because in total they would hold two liters of juice

Step-by-step explanation:

the 12 cans of 150 ml would hold a total of 1.8 liters which is less than 2 liters

| 15

14. Number Sense Jorge collects sports

cards. He displays his cards in an album.

There are 72 pages in the album. Each

page holds 9 cards. Find the number of

cards in the album if half of the pages

are full and the rest are empty.

Answers

Answer: 324 cards.

Step-by-step explanation:

Hi, to answer this question we have to multiply the number of pages in the album (72) by the number of cards that each page holds (9):

Mathematically speaking:

72(9) = 648 cards in the album

Since half of the pages are full, we have to divide the previous result by 2.

648/2 = 324 cards

Feel free to ask for more if needed or if you did not understand something.

11. Write an equation for a line that is parallel to the line 6x - 3y = 15 and goes through the point
(-2,4).

Answers

Answer:

y = 2x + 8

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Given

6x - 3y = 15 ( subtract 6x from both sides )

- 3y = - 6x + 15 ( divide all terms by - 3 )

y = 2x - 5 ← in slope- intercept form

with slope m = 2

Parallel lines have equal slopes, thus

y = 2x + c ← is the partial equation

To find c substitute (- 2, 4) into the partial equation

4 = - 4 + c ⇒ c = 4 + 4 = 8

y = 2x + 8 ← equation of parallel line

The required equation of the parallel line is,

[tex]6x-3y+24=0[/tex]

Equation of parallel lines:

Parallel lines are lines that never intersect. Because of this, a pair of parallel lines have to have the same slope, but different intercepts (if they had the same intercepts, they would be identical lines).

Given, the equation of the line is [tex]6x-3y=15[/tex]

Let the equation of the parallel line be,

[tex]6x+3y+k=0[/tex]...(1)

Since, the equation (1) passes through the point (-2,4) then,

[tex]6(-2)-3(4)+k=0\\-12-12+k=0\\k=24[/tex]

Now, substituting [tex]k=24[/tex]  in equation (1) we get,

[tex]6x-3y+24=0[/tex]

Learn More information about the topic equation of the  parallel lines:

https://brainly.com/question/13517044

What is the reference angle for a 240° angle?

Answers

Answer:

60°

Step-by-step explanation:

The reference angle of 240° is 60°

Write the value of the expression 2^3/2^3

Answers

Answer:

1

Step-by-step explanation:

[tex]\frac{2^3}{2^3}\\\mathrm{Apply\:exponent\:rule}:\quad \frac{x^a}{x^b}=x^{a-b}\\=2^{3-3}\\2^{3-3}=1\\2^{3-3}\\\mathrm{Subtract\:the\:numbers:}\:3-3=0\\=2^0\\\mathrm{Apply\:rule}\:a^0=1,\:a\ne \:0\\=1[/tex]

In a box of eight donuts, two have pin sprinkles. Express the percent of the donuts in the box that have pink sprinkles.

Answers

Answer:

25%

Step-by-step explanation:

We can rephrase the question like this :

2 is what percentage? of 8

let p be the percentage

then

2 = 8 × p%

  = 8 × (p/100)

then

200 = 8p

then

p = 200/8 = 25

answer the question below

Answers

Answer:

a

Step-by-step explanation:

Suppose the blue bin that Jamie found had a length of 5 inches, a width of 5 inches, and a height of 12 inches. Would one bin have a greater volume then the other?

Answers

Answer:

No.

Step-by-step explanation:

If you find the volume of the box which is 300, then divide by 2, you get 150. That's a whole number.

What is the next term in the pattern?
1, -1, 2, -2, 3,...
4
-4
3
-3

Answers

Answer:

-3, 4, -4

Hope this helps :)

Answer:

-3

Step-by-step explanation:

they all go to the negative side of them every other number. Hope that this helps you and have a great day :)

350% of 880 is 60% of what number?

Answers

Answer:

5133 1/3

Step-by-step explanation:

[tex]3.5 \cdot 880 = 0.6x\\3080=0.6x\\x=5133 1/3[/tex]

Hope this helps!

Find the volume of a right circular cone that has a height of 4.5 ft and a base with a diameter of 19 ft. Round your answer to the nearest tenth of a cubic foot.

Answers

Answer:

it would be like 90 feet

Step-by-step explanation:

hope this helps give me brainiest please

A rectangle with perimeter 30 in. has length 10 in. What is the area of the rectangle?

Answers

Answer:

Length of rectangle = 10in.

Breadth " " =x

Perimeter= 2( l+b)=30in.

Perimeter=2(10+b)=30in.

=(10+b)=30/2=15

=b=15-10

Breadth=5in.

Answer: 50 in²

Explanation: Remember that the formula for the area of a rectangle is length · width so we need to find the width of the rectangle.

To find the width of the rectangle, let's use our formula

for the perimeter of a rectangle which is 2l + 2w.

Since we know that the perimeter of the rectangle is 30 inches and the length of the rectangle is 10 inches, we have 30 = 2(10) + 2w.

Simplifying on the right side gives us 30 = 20 + 2w.

Now subtract 20 from both sides to get 10 = 2w.

Finally, dividing both sides by 2, we find that 5 = w.

So the width of the rectangle is 5 inches and remember

that the length of the rectangle is 10 inches.

So the area of the rectangle, l · w, is 10 · 5 or 50 in².

7a – 3 = 3 + 6a answer i already know it is 6

Answers

Answer:

Step-by-step explanation:

7a - 3 = 3 + 6a

7a = 6 + 6a

a = 6

Answer:

a = 6, Nice work!

Step-by-step explanation:

7a - 3 = 3 + 6a

First step is to subtract 6a from the right, also subtracting it from the left. This will leave you with:

a -3 = 3

Now you need to isolate the variable, so to get rid of -3, you have to add 3 to both sides.

a -3 = 3

 +3   +3

a = 6

a. 50
b. 100
c. 35
d. 25

Answers

The value of Y• is 35.
The value of y is 35.


surface area of 4.7 5.9 7.4

Answers

Answer:

205.2 units

Step-by-step explanation:

If you are solving for the S.A. of a rectangular prism, then simply multiply the numbers together as each stands for length (l), height (h), and width (w).

l*w*h

4.7 * 5.9 * 7.4 = ‭205.202‬

I hope this helps. If you have any more questions, please feel free to post them and someone will be able to help you, whether it's myself or others. Please leave a like, rating, and if possible, Brainliest. Have a great day!    

if p= 1/2 and m = -2, what is the value of -2(4p - 7)(m^2 + 5)

a. 10
b. -10
c. 90
d. -90

Answers

Answer:

10 so A

Step-by-step explanation:

Juan crosses out the numbers that are less than 45 and greater than 50. Circle the numbers that are left.

Answers

Answer:

49 and 46

Step-by-step explanation:

because they are greater than 45 but less than 50.

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