Find the amount and present value of 10 quarterly payments of $ 1500, if the interest rate is 25% compounded each month.

Answers

Answer 1

Given Information:

Monthly payment = MP = $1500/4 = $375

Monthly interest rate = r = 25/12 = 2.083%

Required Information:

Present Value = ?

Answer:

[tex]PV = \$10,110[/tex]

Explanation:

n = 10*4

n = 40 monthly payments

The present value is found by

[tex]$ PV = MP \times \frac{ (1 - \frac{1}{(1+r)^n} )}{r} $[/tex]

Where r is monthly interest rate.

MP is the monthly payment.

[tex]$ PV = 375 \times \frac{ (1 - \frac{1}{(1+0.02083)^{40}} )}{0.02083} $[/tex]

[tex]PV = 375 \times (26.96)[/tex]

[tex]PV = \$10,110[/tex]

Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.


Related Questions

ACEG is a paralellogram. BKD, HJF and CKJG are straight lines. Find the values of x and y​

Answers

Answer:

[tex]\boxed{\mathrm{x=53\° \: \: \: y=33\°}}[/tex]

Step-by-step explanation:

Apply these rules to solve:

• Angles on a straight line add up to 180 degrees.

• Angles in a triangle add up to 180 degrees.

• Opposite angles in a parallelogram are equal.

• Angles in a quadrilateral add up to 360 degrees.

Help please! Thank you

Answers

The correct answer is B. 2 sq

Step by step
Is
Below

Simplify $(1-3i)(1-i)(1+i)(1+3i)$

Answers

[tex](1-3i)(1-i)(1+i)(1+3i)=\\(1^2-(3i)^2)(1^2-i^2)=\\(1+9)(1+1)=\\10\cdot2=20[/tex]

Answer:

[tex]\huge\boxed{(1-3i)(1-i)(1+i)(1+3i)=20}[/tex]

Step-by-step explanation:

[tex](1-3i)(1-i)(1+i)(1+3i)\\\\\text{use the commutative property}\\\\=(1-3i)(1+3i)(1-i)(1+i)\\\\\text{use the associative property}\\\\=\bigg[(1-3i)(1+3i)\bigg]\bigg[(1-i)(1+i)\bigg]\\\\\text{use}\ (a-b)(a+b)=a^2-b^2\\\\=\bigg[1^2-(3i)^2\bigg]\bigg[1^2-i^2\bigg]\\\\=\bigg(1-9i^2\bigg)\bigg(1-i^2\bigg)\\\\\text{use}\ i=\sqrt{-1}\to i^2=-1\\\\=\bigg(1-9(-1)\bigg)\bigg(1-(-1)\bigg)\\\\=\bigg(1+9\bigg)\bigg(1+1\bigg)\\\\=(10)(2)\\\\=20[/tex]

an appropriate metric unit for the mass of an eyelash.

Answers

Answer: Mass of a typical house cat:

Automatically eliminate B and D since they are not metric unit for mass

So, that leaves us with A and C. And since a cat is not huge nor weighs that much, the most reasonable one would be to measure it in grams.

Correct answer: C

18x + 18 = 17 What is the variable x and how do you get that answer?

Answers

Answer:

x = - 1/18

Step-by-step explanation:

Move all terms not containing  x to the right side of the equation

Divide each term by 18 and simplify

The result can be shown in multiple forms

x = -1/18

Decimal form= -0.05

Answer: x=-1/18

Step-by-step explanation:

18x+18=17

you subtract 18 from both sides

18x=-1

then you divide by 18 on both sides

x=-1/18

Please answer this in two minutes

Answers

Answer:

Hey there!

S would be 2 times 7, or 14.

Hope this helps :)

Answer:

14

Step-by-step explanation:

This is a 30-60-90 triangle, so the sides corresponding are x, 2x, and xsqrt3. the side, s, that we want is the 2x, and the x is 7. So, s is 14.

PLEASE HELP!! DUE SOON

Answers

Answer:

b=3a/8

a=8b/3

Step-by-step explanation:

b/a=k ( k is the constant proportional)

3/8=9/24=15/40

b/a=3/8

b=3a/8

a=8b/3

I hope this is right answer

Please answer this question now

Answers

Answer:

            39°

Step-by-step explanation:

A radius to the tangent point always forms a right angle with the tangent:

m∠XWY = 90°

So:

  90° + 58° + x - 7° = 180°

    141° + x = 180°

        x = 39°

By visual inspection, determine the best-fitting regression model for the
scatterplot.
A. no pattern
B. Exponential
C. Quadratic
D. Linear

Answers

C.quadratic. Based on the pattern it is quadratic.

Answer: C

I just took the test

You want to buy a new sweater. The regular price was
$48 dollars. The sale price was $34. What was the
percent of discount to the nearest percent?

Answers

Answer:

29%

Step-by-step explanation:

48-34 = 14 dollar saving

14/48 = 29.17 % = 29% saving

Answer:

29%

Step-by-step explanation:

48-34= 14 dollar saving

14/48 = 29.17% = 29% saving

2x^5-x^2+1=0
can you help me ?
slove it in details
thanks

Answers

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                    [tex]\boxed{x = 7}[/tex]

Move 1 to the left side of the equation by subtracting it from both sides.

[tex]\sqrt{2x -5 - 2 - 1 = 0 }[/tex]

Subtract 1 from -2.

[tex]\sqrt{2x -5 - 3 = 0 }[/tex]

Add 3 to both sides of the equation.

[tex]\sqrt{2x - 5 = 3}[/tex]

To remove the radical on the left side of the equation, square both sides of the equation.

[tex]\sqrt{2x - 5^3 = 3^2}[/tex]

Simplify each side of the equation.

Multiply the exponents in [tex](( 2x - 5) ^\frac{1}{2})^2[/tex] .

Apply the power rule and multiply exponents, [tex](a^m)^n = a^mn[/tex]

[tex](2x -5)^\frac{1}{2}.2 = 3^2[/tex]

Cancel the common factor of 2.

[tex](2x - 5)^1 = 3^2[/tex]

Simplify.

[tex]2x - 5 = 3^2[/tex]

Raise 3 to the power of 2.

[tex]2x - 5 = 9[/tex]

Solve for x

Move all terms not containing x to the right side of the equation.

Add 5  to both sides of the equation.

[tex]2x = 9 + 5[/tex]

Add 9 and 5.

[tex]2x = 14[/tex]

Divide each term by 2  and simplify.

Divide each term in 2x = 14 by 2.

[tex]\frac{2x}{2} = \frac{14}{2}[/tex]

Cancel the common factor of 2.

[tex]x = \frac{14}{2}[/tex]

Divide 14 by 2.

[tex]x = 7[/tex]

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Answer:

root of f(x) =  -0.7419124700395855 to about 16 figures

Step-by-step explanation:

given

f(x) = 2x^5-x^2+1 = 0

The polynomial is prime, so cannot solve by factoring.

Since it is a 5th degree polynomial, it has at least one real root.

Graphing helps locate where roots are, if more than one.

(refer to first graph)

So there is a real root between -1 and 0.

We will use numerical methods to find the root to a good degree of accuracy.  The technique applies to any univariable function which is differentiable and continuous near the roots.  This requirement is true for all polynomials.

However, we must know approximately where the root is, usually found by graphing.

The formula used is a recursive one, which gives a better approximation (x1) from the initial (x0) one , and can be repeated until the required accuracy is reached.

Here, we see that the slope of the function at the root is quite steep, so convergence will be rapid.

The formula is

x1 = x0 - f(x0) / f'(x0), where

x1 = new approximation

x0 = initial (or previous) approximation

f(x0) = value of function when x=x0

f'(x0) = value of derivative of function when x=x0

For the given function

f(x) = 2x^5-x^2+1 = 0

f'(x) = 10x^4-2x = 2x(5x^3-1)

From the graph of f(x), we can take an initial approximation as

x0 = -1

x1 = -1 - (-2)/12 = -5/6

Repeat using x0=-5/6

x1 = -5/6 - ( 2(-5/6)^5 - (-5/6)^2 + 1 ) / (2(-5/6(5(-5/6)^3-1))

= 0.7565596512088784

Repeat again, multiple times

x1 = -0.7423377914518363

x1 = -0.7419128371988212

x1 = -0.7419124700398593

x1 = -0.7419124700395855

x1 = -0.7419124700395855

So we see that the root of f(x) = x1 = -0.7419124700395855 to about 16 figures

Note that the accuracy of the iterations approximately doubles every time.

Which represents the solution to 7x > 21 or 6x - 9 < 21?

Answers

Answer:

1) The correct option is the third line

2) The correct option is the third line please see attached graph

Step-by-step explanation:

For the system of inequalities,

7·x > 21 or 6·x -9 < 21 we have;

7·x > 21

x > 21/3 = 3

x > 3

Also we have for 6·x -9 < 21 we have;

6·x -9 < 21

6·x < 21 + 9

6·x < 30

x < 30/6 = 5

x < 5

The representation of the region x > 3 and the region x < 5 on the number line consists of indicating points 3 and 5 with  circles not filled to represent less than < and not less than or equal to ≤ and shading the potion of the number line in between the two points

Which gives the correct option as the third line which has an open circle at point 3 and 5

b) To graph the inequality v + 4 > 2 and 8·v - 20 ≤ 36

For the inequality v + 4 > 2, we have;

v > 2 - 4

v > - 2

For the inequality 8·v - 20 ≤ 36, we have;

8·v - 20 ≤ 36

8·v  ≤ 36 + 20              

8·v  ≤ 56

v ≤ 56/8

v ≤  7

The region representing v > -2 or v ≤ 7 on the number line consists of indicating points -2 with a circle (not filled) to represent less than < and point 7 with a filled circle to represent less than or equal to ≤ and shading the potion of the number line in between the two points

Which gives the correct option is the third line which has a closed circle at point -2 and an open circle at point 7

Will give the brains of me brains and my brains and maby ur brain to u how many brains can i give u if u ask this quetion right?

Answers

Answer:

2.4 bags

Step-by-step explanation:

Uh you can keep your brains.

Using the data table, we get:

1, 2, 2, 3, 4 as our data.

Finding the mean:

(1+2+2+3+4)÷5=

12÷5=

2.4 bags

Which equation is true for the value b = 10? A. 2(b + 4) = 16 B. 2(b + 2) = 40 C. 3(b – 2) = 24 D. 2(8 + b) = 42 E. 3(b – 4) = 20

Answers

Answer:

C is the correct answer

Step-by-step explanation:

Answer:

C

Step-by-step explanation:

have a good day

In the picture down below

Answers

Answer:

b

Step-by-step explanation:

trust me

Answer:

A

Step-by-step explanation:

if x to the power of 2 = 10 what is the value of x?

Answers

Answer:

x² = 10

x = ±√10 (Take the square root of both sides)

X squared is equal to 10

Determine the sum of the first ten terms of the geometric series -1 + 2 - 4 + 8 + ...

Answers

Answer:

-1+2-4+8-10+12-14+16-18+20

=

-47+68

= +21

hope youlike this

stay at home stay safe

keep rocking

An expression is given -6m+9n-12

Answers

Answer -3(2m-3n+4)

Step-by-step explanation:

if OA= 3 & AB= 2 what is the ratio of the circumference of the smaller circle to the circumference of the larger circle

Answers

Answer:

(B) 3/5

Step-by-step explanation:

In the figure above, both circles have their centers at point O. Point A lies on segment OB. If OA = 3 and AB = 2, what is the ratio of the circumference of the smaller circle to the circumference of the larger circle?

(A) 2/3

(B) 3/5

(C) 9/16

(D) 1/2

(E) 4/9

Answer: The circumference of a circle is the perimeter of the circle, that is it is the arc length of the circle. The circumference of a circle is given as:

Circumference = 2 π r.   Where r is the radius of the circle.

The radius of the bigger circle = length of OB = OA + AB = 3 + 2 = 5

Circumference of the bigger circle = 2 π (5) = 10π

The radius of the smaller circle = length of OA = 3

Circumference of the smaller circle = 2 π (3) = 6π

The ratio of the circumference of the smaller circle to the circumference of the larger circle = circumference of the smaller circle / circumference of the larger circle = 6π / 10π = 3/5

Trigonometry.....Help plzzzz​

Answers

Answer:

17.3 = AC

Step-by-step explanation:

Since this is a right angle, we can use trig functions

tan B = opp/ adj

Tan 68 = AC / 7

7 tan 68 = AC

17.32560797 = AC

To 1 decimal place

17.3 = AC

Answer:

AC = 17. 3 cm

Step-by-step explanation:

To find AC we use tan

tan ∅ = opposite / adjacent

From the question

AB is the adjacent

AC is the opposite

So we have

tan 68 = AC / AB

AC = AB tan 68

AC = 7 tan 68

AC = 17.32

AC = 17. 3 cm to one decimal place

Hope this helps you

Suppose that for each firm in the competitive market for potatoes, long-run average cost is minimized at $0.6 per pound when 150 pounds are grown. The demand for potatoes is Q = 40,000/p. If the long-run supply curve is horizontal, then what would be the total consumer spending?

Answers

Answer:

Total consumer spending is 160

Step-by-step explanation:

Here , we are interested in calculating the total consumer spending.

In a long run perfect competition market, price interest with MC and minimum point of AC

Hence , P = AC

this means that Q = 40,000/P = 40,000/150 = 266.67 which is approximately 267 potatoes will be consumed

The total consumer spending is thus 267 * 0.6 = 160

I need a. Correct answer I’ll mark brainliest

Answers

Answer:

7^11 / 4^11

Step-by-step explanation:

( 7/4) ^ 11

We know that ( a/b) ^c = a^c / b^c

7^11 / 4^11

Answer: B. [tex](\frac{7}{4})^{11} = \frac{7^{11}}{4^{11}}[/tex]

Step-by-step explanation:

There is exponent rule that states [tex](\frac{a}{b})^{x} = \frac{a^x}{b^x}[/tex]

So we can apply this rule to this problem.

[tex](\frac{7}{4})^{11} = \frac{7^{11}}{4^{11}}[/tex]

Will give the brains of me brains and my brains and maby ur brain to u how many brains can i give u if u ask this quetion right?

Answers

Answer:

$10.5 dollars

Step-by-step explanation:

Keep your brains.

Using the data given:

(18+4+12+8)÷4=

42÷4=

$10.5 dollars

What is the height of the prism if there is 30 square centimeters and the volume is 90 cubic centimeters

Answers

Answer:

the height of the prism =3cm

Step-by-step explanation:

From the question :there is 30 square centimeters, we can deduce this is the area due to the unit

the volume is 90 cubic centimeters

Volume of prism = Area of base × height

We are to determine the height

90cm³ = 30cm² × height

divide both sides by 30cm²

height = 90cm³/30cm²

height = 3cm

Therefore the height of the prism is 3centimeters

Please can someone help me

Answers

Answer:

706.86 cm

Step-by-step explanation:

=4pi(r^2)

=12.56(r^2)

=12.56(7.5^2)

=12.56(56.25)

=706.86

answer is 706.86.......

Which of the following describes the graph of 2x + 4y < 16? a:solid line, shaded below b:dashed line, shaded above c:dashed line, shaded below d:solid line, shaded above

Answers

Answer: C

Step-by-step explanation:

[tex]2x+4y<16\\=4y<-2x+16\\=y<-\frac{1}{2} x+4[/tex]

Since we are not dividing by a negative at any point during the simplification, the inequality sign won't change.

"<" means that the line will be dashed and shaded below.

Hope this helps!

The description of the inequality is (c) dashed line, shaded below

The inequality is given as:

2x + 4y < 16

The inequality is represented as less than (<)

When the less than sign is used in an inequality, the graph of the inequality would be a dashed line shaded below

Hence, the true statement is (c) dashed line, shaded below

Read more about inequalities at:

https://brainly.com/question/11234618

Complete the sentence by selecting the correct word from each drop-down menu. The middle value of a data set that is ordered from least to greatest is called the ____ . This value is a measure of ____. The options for the first ____ are mean/median/range The options for the second ____ are center/range/variation

Answers

Answer: The middle value of a data set that is ordered from least to greatest is called the median. This value is a measure of center.

Step-by-step explanation:

There are three measures of the center: 1) Mean   2) Median  3) Mode

Mean : Average value of the data

Mode = The most repeated value.

Median is the middlemost value in a well-ordered data.

It measures the center of the data.

Hence, the completed statement would be:

The middle value of a data set that is ordered from least to greatest is called the median. This value is a measure of center.

Answer:

First ____ is median

Second ____ is center

Step-by-step explanation:

The median is the middle value of a set of numbers, and is found in the center.

Can somebody plz help me [-5+(-7)]^2-(7+3)^2

Answers

Answer:

[tex]\boxed{44}[/tex]

Step-by-step explanation:

[tex][-5+(-7)]^2-(7+3)^2[/tex]

Resolving Parenthesis

[tex](-5-7)^2-(10)^2\\(-12)^2-100\\144-100[/tex]

=> 44

Answer:

[tex]\boxed{44}[/tex]

Step-by-step explanation:

[tex][-5+(-7)]^2-(7+3)^2[/tex]

Solve for brackets first.

[tex][-12]^2-(10)^2[/tex]

Solve the exponent or power.

[tex]144-100[/tex]

Subtract the numbers.

[tex]=44[/tex]

A chemist is mixing two solutions, solution A and solution B. Solution A is 15% water and solution Bis 20% water. She already has a
beaker with 10mL of solution A in it. How many mL of solution B must be added to the beaker in order to create a mixture that is 18%
water?

Answers

Answer:

15 ml

Step-by-step explanation:

We are told

Solution A = 15% of water

Solution B = 20% of water

Let's assume, the entire solution = 100ml

We are told that in the beaker we have 10 ml of Solution A already

Mathematically,

100 ml = 15%

10 ml = X

100ml × X = 15 × 10

X = 150/ 100

X = 1.5%

Hence in the beaker, we have 1.5% of water from Solution A

We are asked to find how many ml of solution B must be added to make the solution have 18% of water

Let y = number of ml of solution B

Hence

10 ml × 15%(0.15) = 1.5 ml of water - Equation 1

y ml × 20%( 0.20) = 0.20y ml of water ...... Equation 2

Add up the above equation

10ml + y ml ×18% (0.18) = 1.5 + 0.20y

(10 + y)(0.18) = 1.5 + 0.20y

1.8 + 0.18y = 1.5 + 0.20y

Collect like terms

1.8 - 1.5  = 0.20y - 0.18y

0.3 = 0.02y

y = 0.3/0.02

y = 15ml                              

Therefore,15mL of solution B must be added to the beaker in order to create a mixture that is 18% water

                     

In one month, the median home price in the Northeast rose from $225,400 to $241,500. Find the percent increase. Round your answer to the nearest tenth of a percent.

Answers

Answer:

7.1%

The percentage increase is 7.1%

Step-by-step explanation:

Percentage increase %∆P is the percentage change in the price.

Percentage increase %∆P = ∆P/Pr × 100%

Where;

∆P = change in sales price = $241,500-$225,400

Pr = regular price = $225,400

Substituting the given values;

%∆P = (241,500-225,400)/225,400 × 100%

%∆P = 7.142857142857% = 7.1%

The percentage increase is 7.1%

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