Ariana is going to invest in an account paying an interest rate of 3.7% compounded monthly. How much would Ariana need to invest, to the nearest dollar, for the value of the account to reach $25,000 in 14 years?

Answers

Answer 1

Answer:

14905

Step-by-step explanation:

Use Calculator. Round to the nearest dollar

Answer 2

The amount of money that Ariana needs to invest today in order to reach $25,000 in 14 years is $14,913.

How much should Ariana invest today?

In order to determine the amount of money that Ariana should invest today, the present value of $25,000 has to be determined.

The formula that can be used to determine the present value is:

P = FV / (1 + r)^nm

Where:

FV = Future value P = Present value R = interest rate = 3.7% / 12 = 0.308%m = number of compounding = 12N = number of years

P = 25,000 / (1.00308)^(12 X 14) = $14,913

To learn more about present value, please check: https://brainly.com/question/18760477

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Related Questions

what is the greatest whole number that satisfies the inequality 3x -1 < 8 ?

Answers

Answer:

8

Step-by-step explanation:

3x is a varable and -1 is an integer

HELP HELPPPPP WILL MARK BRAINLIEST

Answers

Part b is 150 I’m not to sure for part a
120!!! I’m pretty sure! Mark back if I helped (:

Write a number in the blank that makes this question true
43+29=__+60

Answers

Answer:

12

Step-by-step explanation:

If we fill in the blank and solve the equation, both sides will be equal

43 + 29 = 12 + 60

72 = 72

Explain how to write an equation when given a description of a mathematical problem or real-world scenario.

Answers

Answer: In general, look for key words like "is" and "are,"  or "be." These become the equal sign in the equation.

Other key words to help decide which operation to use:

"And," "plus," and "the total of. . ." are clues for addition.

"Difference" or anything that means distance or amount between two given values is a signal for subtraction.

When Linear dimensions are given and Area is to be found, it will be a multiplication equation. The words "times" and "by" usually mean multiply.

Fractions are often multiplied by some other number.

Ratios are usually division problems.

When a total amount is distributed among some number of people, or you need to find out how many people will get a given share or portion, it is a division equation.

Step-by-step explanation:

It's much easier to explain with specific examples. Here is one.

We set up 15 rows of  6 seats in each row. How many seats are there altogether?

Of is the clue for multiplication Are becomes the equal sign.

15 × 6 = ? how many altogether?

90 = the number of seats.

Answer:

Sample Response: First, the variable needs to be determined. Then identify key words and translate the description. If possible, create a model, such as a diagram or table. Then write the equation using the variable.

Write a multiplication equation that represents the question: how many 3/8 are in 5/4

Answers

Answer:

3 1/3

Step-by-step explanation:

First you make the denominators the same so you would change 5/4 to 10/8

and 3 X 3 1/3 gets you 10/8

F(8) =11x + 3 what is the answer to this ?

Answers

Answer:

91

Step-by-step explanation:

11*8=88 +3=91

Answer: The answer would be 91

Step-by-step explanation: since it's originally f(x)=11x+3 and x=8

then you plug in for X.

f(8)=11(8)+3=91

BRAINLIEST PLS

O
Jill is studying a strange bacterium. When she first looks at the bacteria, there are initially.
100 cells in her sample. The next day, there are 300 cells (Day 1). Intrigued, she comes
back the next day to find that there are 900 cells (Day 2)!
bo.
How many bateria cells will there be when Jill looks at her sample on Day 4?

Answers

Answer:

8100

Step-by-step explanation:

We first see that in the first day it tripled from 100 to 300 this is the pattern that is seen throughout this whole experemint, we can see that the cells triple again on the second day to get 900 cells from this. It is likely to say that they will triple again on the third day to get 2100 and again on the fourth to get 8100

What is the equation of the line that passes through the point (5, -2) and has a slope of 6/5

Answers

Answer:  y = (6/5)x-8

Slope = 6/5 = 1.2

Y intercept = -8

==================================================

Work Shown:

m = 6/5 = 1.2 is the given slope

(x,y) = (5,-2) is the point the line goes through

y = mx+b .... slope intercept form

y = 1.2x + b .... plug in the given slope

-2 = 1.2*5 + b ... plug in the coordinates of the given point

-2 = 6 + b

-2-6 = 6+b-6 .... subtracting 6 from both sides

-8 = b

b = -8

The equation y = mx+b turns into y = 1.2x-8

This is equivalent to y = (6/5)x-8

find x if 5x+19=2x+64

Answers

Answer:

x=15

Step-by-step explanation:

5x+19=2x+64

5x-2x=64-19

3x=45

x=15

Answer:

5x+19=2x+64

3x+I9=64

3x=45

I5

Megan Dunstall wants to know how many months it would take for $15,000 to earn $618.75 at 51/2% of simple interest?

Answers

Answer: 9 months.

Step-by-step explanation:

Simple interest = Principal x rate(in decimal)  x Time(in years)

Given: Principal = $15,000 , rate = [tex]5\dfrac12\%=\dfrac{11}{2}\%= 5.5\%= 0.055[/tex]

Interest =  $618.75

let t= time

Then,

[tex]618.75=15000\times 0.055\times t\\\\\Rightarrow\ t=\dfrac{618.75}{15000\times0.055}\\\\\Rightarrow\ t= 0.75\ or\ t=\dfrac34\ year[/tex]

1 year =12 months

[tex]\dfrac34\ year=\dfrac34\times12 = 9\ months[/tex]

Hence, it will take 9 months.

Aaron is 6 years old, Beth is 9 years old and Charlie is 15 years old. They are going to share £5940 in the same ratio as their ages. How much do they each receive?

Answers

Answer:

[tex]Aaron=1188[/tex]

[tex]Beth=1782[/tex]

[tex]Charlie=2970[/tex]

Step-by-step explanation:

From the question we are told that

Ratio 6:9:15

Total amount to e shared N=£5940

Generally the Ratio can divide the Total amount mathematically as follows

Ratio

6:9:15/3=2:3:5

Sum of ratio

2+3+5=10

For Aaron

[tex]A=\frac{2}{10} *5940[/tex]

[tex]A=1188[/tex]

For Beth

[tex]B=\frac{3}{10} *5940[/tex]

[tex]B=1782[/tex]

For Charlie

[tex]C=\frac{2}{10} *5940[/tex]

[tex]C=2970[/tex]

Check answer

[tex]A+B+C=5940\\1188+1782+2970=5940[/tex]

Hello can some one answer all these

752 divided 47
375 divided by 25
576 divided by 24
(5 points)

Answers

1. 16

2. 15

3. 24 hope this helps!

Answer:

1.   752/47=16

2.  375/25=15

3.  576/24=24

hope this helps!!:)

Step-by-step explanation:

1.

1. Find the Greatest Common Factor (GCF) of 752 which is 47 .

2. Divide both the numerator and the denominator by the GCF.

752/47

47/47

3. simplify

16

hope this helps!!:)

I don't know how to solve for any of the values so please help me!!

Answers

a = 49

You find this by adding 109 and 30, then subtracting from 180.

b = 55
c = 55

we know that the place where the two lines meet has to be 360, so we subtract the two 109s from it. Divide the answer by 2. This number is added to 54 and subtracted from 180. This gives us 55. c is in a position that equals 55.

Please help! I don’t have much to offer except the crown icon thing and 15 points.

Answers

SOLUTION:

x/9>12

x>12×9

x>108

This is your answer

PLEASE HELP ILL GIVE BRAINLIEST Which set of ordered pairs represents a function?

Answers

Answer:

the 2nd on (B)

Step-by-step explanation:

The x does not repeat

The answer will be B

If you need to use 4/5 of a cup of strawberries for a single pie . How many cups would be needed for 2 pies.

Answers

Answer:

1 3/5      or 8/5     cups for 2 pies

Step-by-step explanation:

Find the surface area of a triangular prism with height 30 inches, and a right triangle base with side lengths 15 inches and 20 inches, and hypotenuse length 25 inches

Answers

Answer:

2100

Step-by-step explanation:

78% of 50 is what number

Answers

Answer:n I got this 64.102564102664.1025641026

Step-by-step explanation:

Answer:

39

Step-by-step explanation:

So do this equation in your head.

Or Write It Down.

50 x 0.78

And Multiply it from there.

So I hope it helps.

Ocsar and his little brother made up a game using coins. They flip the coin towards a cup and receive points for every one that makes it in. Oscar starts with 20 points, and his little brother starts with 18 points. Oscar gets 2 points for every successful shot, and his brother, since he is younger, gets 3 points for each successful shot. Eventually, the brother will have a tied score in the game. How many additional shots will each brother have made? How many points will they both have? ​

Answers

they both would have 24

they both would have 2 successful shots. they would mean that the older brother added 4 point to his score and the younger brother would have added 6 to his score

The power,
P
(watts)
, of a car engine is proportional to the square of its speed,
s

(
m
/
s
)
.
When
s
=
35
,
P
=
2200
.
Work out the power (to 1 DP) when the speed is
40

m
/
s

Answers

2 ko power .

p =2200

Anything also uu may ask

Answer:

2873.5 watts

Step-by-step explanation:

None

Cindy spent $65.25 on ingredients for blueberry pies and $62.84 on ingredients for cherry pies. Each slice of ple sells for $3.50.
Part A
Write an expression to represent Cindy's profit if she sells b slices of blueberry pie and C slices of cherry ple.
Part B
Cindy sells 24 slices of blueberry ple and 15 slices of cherry ple. The ne
xt day, she sold 26 slices of blueberry ple and 17 slices of cherry pie. What was her total profit?

Answers

B. 3.5( b + c ) - 28.09

C. $108.41

Step-by-step explanation:
The best expression to use to find the total profit of Cindy's pie is 3.5(b+c) - 28.09. The total profit is the total revenue - total cost.
To put it into perspective, let's try an example.
b = 5
c = 12
Total profit = 3.5(b + c) - 28.09
= 3.5 (5 + 12) - 28.09
= 3.5 (17) - 28.09
= 59.5 - 28.09
Total profit = $31.41
Now for part B, we simply use the expression and substitute the values.
b = 24
c = 15
Total profit = 3.5(b + c) - 28.09
= 3.5(24 + 15) - 28.09
= 3.5(39) - 28.09
= 136.5 - 28.09
Total profit = $108.41

The expression that represents Cindy's profit is $3.5b - $128.09.

Cindy's total profit is $30.82.

What is profit?

Profit is total revenue less total cost. Total revenue is the selling price per unit multiplied by the total units sold.

Profit = total revenue - total cost

($3.50b) - ($65.25 + $62.84)

$3.5b - $128.09

What is Cindy's total profit?

Profit for the first day = $3.5(24 + 15)  - $128.09

= ($3.5 x 39) - $128.09

= $136.50 - $128.09

=$8.41

Profit for the next day = $3.5(26 + 17)  - $128.09

= ($3.5 x 43) - $128.09

= $150.50 - $128.09

= $22.41

Total profit = $22.41 + $8.41 = $30.82

To learn more about profit, please check: https://brainly.com/question/26181966

Simplify

1/2 + (3/8 - 1/8)^2

Answers

9/16

Decimal form - 0.5625

You welcome :)

19. A(-2,5), B(4, 9), C(8, 3); BC
The coordinates of the vertices of a triangle are given. Find the coordinates of the end points of the mid segment parallel to the given side of the triangle.

Answers

The coordinates of the vertical of a triangle is B) 4,9

-7 + (-9) - (-11) -2

Answers

The answer is -7, please give brainliest.

HELP. Linoleum floor tiles are each a 12-inch square. What is the minimum number of these tiles needed to tile the entire floor of a 6 ft by 4 ft rectangular kitchen and a 14 ft by 4 ft rectangular hallway?

Answers

80
Explained:
Find the area you need to cover,
(6•4)+(14•4)=80 square ft
A 12 inch square tile is 1 foot wide
There for 80/1=80 tiles

Is this correct or no

Answers

Answer:

Incorrect

Step-by-step explanation:

The correct answer is A.

The slope-intercept form is y-y₁=m(x-x₁)

The problem with B is that if you take out the coordinates for x₁ and y₁, you get the coordinates (1,4). This coordinate does not land on the line.

The coordinates for A is (-1,4). This point does land on the line.

Which data set is MOST LIKELY to be normally distributed?
A)
1
B)
2
C)
3
D)
4

Answers

Answer:a

Step-by-step explanation:

Doing it now on usatestprep

HEY, PLEASE HELP ME SOLVE THIS MATH PROBLEM

25(1−2u)=35

(find 'u')

THE CORRECT ANSWER SHALL BE MARKED BRAINLIEST! THANKS XOXO

Answers

Answer:

Hey

Step-by-step explanation:

you can look up

Hope it helps you!!

HELP ME PLEASE POINTS WILL BE GIVEN JUST HELP ME PLEASE POINTS WILL BE GIVEN PLEASE JUST HELL

Answers

Answer:

I would say the answer is 5.03m^2

Step-by-step explanation:

Hope this helps! Please consider marking brainliest! I hope you have an amazing day. Always remember, your smart and you got this! -Alycia :)

Answer:

a

Step-by-step explanation:

Billy runs a miles in seven minutes and 30 seconds. For every mile Billy runs, he adds 30 seconds to his mile time. If Billy runs EIGHT miles, how many minutes will it take him?

Answers

Answer I don't know the answer but I just want to say I hope you do well!

Step-by-step explanation:

Answer:

After the last lap it will take him 11 min to complete the lap and over all his time was 1 hour 14 min.

Step-by-step explanation:

Lap 1: 7:30

Lap 2: 8:00

Lap 3: 8:30

Lap 4: 9:00

Lap 5: 9:30

Lap 6: 10:00

Lap 7: 10:30

Lap 8: 11:00

= 74:00 = 1 hour 14 min

PLZ THANK AND 5 STAR AND GIVE BRAINLIEST :)

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