You want to have 80000 college fund in 12 years. How much will you have to deposit now under the scenario below. Assume that you make no deposits into the account after the initial deposit.
An APR of 7.5​% compounded daily

Answers

Answer 1

9514 1404 393

Answer:

  $32,528.58

Step-by-step explanation:

For simplicity, we'll assume each year has 365 days.

The future value A of principal amount P at rate r compounded daily for t years is ...

  A = P(1 +r/365)^(365t))

We want P when A = 80,000, r = 0.075, and t = 12.

  P = A/(1 +r/365)^(365t)

  P = $80000/(1+0.075/365)^(365·12) ≈ $32,528.58

You will have to deposit about $32,528.58.


Related Questions

David inherited some land in 1960 that was valued at $25,000. The value of the land has increased 10% every 5 years. Which function will calculate the value of the land x years after 1960?

Answers

Answer:

f(x) = 25,000(0.1)^5x

Step-by-step explanation:

What is an equation of the line that passes through the points (-4, -4) and (4, 6)?

Answers

Answer:

y = (5/4)x+1

Step-by-step explanation:

[tex]\frac{y+4}{x+4} =\frac{-4-6}{-4-4}[/tex]

[tex]\frac{y+4}{x+4} = \frac{-10}{-8} \\or, 4(y+4) = 5(x+4)\\or, 4y= 5x+20-16\\or, y= \frac{5}{4}x+1[/tex]

2x-y=-5 x+y=8 elimination

Answers

Here the answer and the work

all real numbers are complex numbers also. true or false?

Answers

Answer:

From the first definition, we can conclude that any imaginary number is also a complex number. From the second definition, we can conclude that any real number is also a complex number.

Olive flipped a coin and rolled a number cube with the
numbers 1-6 on it. What is the probability that she flipped
heads and rolled an even number?
1
N
3
4
5
6
H
H1
H2
H3
H4
H5
H6
T
T1
T2
T3
T4
T 5
T6
3
3

Answers

Answer:

p

Step-by-step explanation:

Paul is filling the rectangular prism shown with cubes that measure 14 inch along each edge.

Answers

Answer:

Step-by-step explanation:

Currently, the number of people entering a shopping mall is 109. It is estimated that the number of people entering the shopping mall will decrease by 3% each hour. Find the total number of people entering the shopping mall at the end of 4 hours. (Round your answer to the nearest whole number if necessary.)

Answers

Answer:

96 people.

Step-by-step explanation:

Exponential equation for a decreasing amount:

The exponential equation for a decreasing amount is given by:

[tex]A(t) = A(0)(1-r)^t[/tex]

In which A(0) is the initial rate and r is the decay rate, as a decimal.

Currently, the number of people entering a shopping mall is 109.

This means that [tex]A(0) = 109[/tex]

It is estimated that the number of people entering the shopping mall will decrease by 3% each hour.

This means that [tex]r = 0.03[/tex]

So

[tex]A(t) = A(0)(1-r)^t[/tex]

[tex]A(t) = 109(1-0.03)^t[/tex]

[tex]A(t) = 109(0.97)^t[/tex]

Find the total number of people entering the shopping mall at the end of 4 hours.

This is A(4). So

[tex]A(4) = 109(0.97)^4 = 96.49[/tex]

Rounding to the nearest whole number, 96 people.

What is an explicit rule in math?

Answers

Answer:

An explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). It defines the sequence as a formula in terms of n. It may be written in either subscript notation a n, or in functional notation, f (n). Sequence: {10, 15, 20, 25, 30, 35, ...}.

Step-by-step explanation:

Answer:

An explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). It defines the sequence as a formula in terms of n. ... This example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).

Step-by-step explanation:

What is 3.4 million divided by 60

Answers

Answer:

[tex]56666\frac{2}{3}[/tex]

Step-by-step explanation:

Answer:56,666.666

Step-by-step explanation:

Respuesta

look at the picture above please help

Answers

Answer:

♨ [tex] \underline{ \underline{ \red{\large {\tt{Step - By - Step \: Explanation}}}}} : [/tex]

☄ [tex] \underline{ \underline{ \large{ \pink{ \tt{G \: I\: V\: E \: N}}}}} : [/tex]

Height ( h ) = 4 cm , Base ( b ) = 16 cm

☂ [tex] \underline{ \underline{ \large{ \purple{ \tt{T \: O \: \: F \: I \: N \: D}}}} }: [/tex]

Area of the parallelogram

☃ [tex] \underline{ \underline{ \large{ \orange{ \tt{ S \: O \: L \: U \: T \: I \: O\: N}}} }}: [/tex]

☼ [tex] \boxed{ \large{ \sf{Area \: of \: a \: parallelogram = base(b) \times height(h)}}}[/tex]

~Plug the known values & then multiply!

⤑ [tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \large{ \tt{16 \: cm \times 4cm}}[/tex]

⤑ [tex] \: \: \: \: \: \: \: \: \: \: \: \: \ \: \: \: \: \: \: \: \: \: \: \: \ \boxed{\boxed{\large{ \tt{64 \: {cm}^{2} }}} }[/tex]

☥ [tex] \large{ \boxed{ \tt{Our \: Final \: Answer : \boxed{ \underline{ \bold{ \red{ \tt{64 \: {cm}^{2} }}}}}}}}[/tex]

♡ Hope I helped! ツ

Have a wonderful day / night !

✎ [tex] \underbrace{ \overbrace{ \mathfrak{Carry \: On \: Learning}}}[/tex] ✔

▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁

Answer:

[tex]\huge \fbox \pink {A}\huge \fbox \green {n}\huge \fbox \blue {s}\huge \fbox \red {w}\huge \fbox \purple {e}\huge \fbox \orange {r}\huge \fbox \pink {:}\huge \fbox \pink{-}[/tex]

Given:

base[b]=16cm

height [h]=4cm

we have

Area of parallelogram=base ×height

=16×4=64cm²is your answer.

List down three angles formed when a transversal intersects the two lines​

Answers

Answer:

The intersections of a transversal with two lines create various types of pairs of angles: consecutive interior angles, consecutive exterior angles, corresponding angles, and alternate angles.

Please help and I will give brainliest if u do.

Answers

Answer:

See explanation below

Step-by-step explanation:

The width is 4 inches

So, the area of the base is 20 inches squared

The height is 4 inches

So, the volume of the prism is 80 inches cubed

Answer:

is this like BxH or is there a specific equation

Step-by-step explanation:

Quickly Need help ASAP

Answers

Answer:

It's (B), using L'Hopital's Rule.

*PLEASE HELP ASAP FOR A TEST*

Mark is going to buy some flowers for his wife for her birthday. At the store, he has his
choice of 7 different types of flowers. He wants to get 4 different flowers for the flower
arrangement. How many flower arrangements could he make?
A. 70
B. 35
C. 84
D. 140

Answers

Answer:

B. 35

Step-by-step explanation:

The order in which the flowers are chosen is not important, which means that the combinations formula is used to solve this question.

Combinations formula:

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

In this question:

4 flowers from a set of 7. So

[tex]C_{n,x} = \frac{7!}{4!(7-4)!} = 35[/tex]

The correct answer is given by option B.

What’s the area of the figure below?

Answers

Answer:

482.5 ft^2.

Step-by-step explanation:

The figure can be regarded as a rectangle with a triangle cut out of one corner.

The base of the triangle = 25-20 = 5 in and the height = 20 - 13 = 7 in.

The required area = area of rectangle - area of triangle

= 25*20 - 1/2 * 5 * 7

= 500 - 17.5

= 482.5 ft^2

9514 1404 393

Answer:

  482.5 square inches

Step-by-step explanation:

The figure can be considered to be a 25 in by 20 in rectangle with a 5 in by 7 in triangle cut off the corner. Then the area of the figure is the area of the rectangle, less the area of the triangle.

  A = LW - 1/2bh

  = (25 in)(20 in) - 1/2(5 in)(7 in) = 500 in² -35/2 in² = 482 1/2 in²

The area of the figure is 482.5 square inches.

Find the measure of angle BAC. (The figure is not drawn to scale.)
A. 22
B. 34
C. 68
D. 136​

Answers

If angle BOC in circle is 68° then the measure of angle BAC is 34°.

Given that angle BOC in the circle is 68°.

We have to find the angle BAC.

We have that m∠BOC=arc BC ------by central angle.

we have m∠BOC=68°.

therefore arc BC=68°.

We know that the inscribed angle is half that of the arc it comprises so m∠BAC=1/2 *(arc BC)-----1

In geometry one of the theorem states states that angle at the center of a circle is twice angle at the circumference.

We have that arc BC=68°

substitute arc BC in equation 1 to get the measurement of ∠BAC.

m∠BAC=[tex]68/2[/tex]

=34°

Hence if angle BOC in circle is 68° then the measure of angle BAC is 34°.

Learn more about angles at https://brainly.com/question/25716982

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Write an expression to show the sum of g and h reduced by 11.

Answers

Answer:

Required expression = (g+h) - 11

Please help me please

Answers

Answer:

F

Step-by-step explanation:

Andrew, Blake, Jamal, Ernesto

DUE IN 3 MINUTES PLEASE HELP

Answers

Answer:

B. 12^3 - 12^2 - 11

Step-by-step explanation:

........

What is the the volume of the rectangular prism?
PLEASE HELP FAST! 15 POINTS!!

Answers

Answer:

540 in³

Step-by-step explanation:

v = lwh

v = 18 * 10 * 3

c = 540 in³

Answer:

v= length x width x height so 10x18x3= 540in cubed

Step-by-step explanation:

Please answer thank you !

Answers

Answer:

Step-by-step explanation:

The questions are asking you whether the calculation of each needs to be exact or an estimate. An estimate is used when the final value needs to be close to what is needed but is ok if it surpasses the needed value. Exact values are used when the final value needs to be exact and cannot be over or under the needed value or it will cause errors. Therefore, the answers are the following...

1. exact

2. estimate

3. exact

4. estimate

5. exact

6. exact

What are the values of a, b, and c in the quadratic equation –2x2 + 4x – 3 = 0?

a = 2, b = 4, c = 3
a = 2, b = 4, c = –3
a = –2, b = 4, c = 3
a = –2, b = 4, c = – 3

Answers

Answer:

a = –2, b = 4, c = – 3

Step-by-step explanation:

We are given the following quadratic equation in the question:

-2x^2 + 4x - 3 = 0−2x

2

+4x−3=0

General form of quadratic equation:

ax^2 + bx + c = 0ax

2

+bx+c=0

Comparing the given equation to general quadratic equation, we get,

a = -2, b = 4, c = -3a=−2,b=4,c=−3

Thus, the correct answer is

Option D) a = –2, b = 4, c = – 3

The values of a, b, and c in the given quadratic equation are a = -2, b = 4, c = -3

What is a quadratic equation?

The meaning of quadratic equation is any equation containing one term in which the unknown is squared and no term in which it is raised to a higher power.

Given is a quadratic equation -2x²+4x-3 = 0, we need to find the values of a, b, and c in the given quadratic equation.

The standard equation of a quadratic equation is ax²+bx+c = 0,

Comparing the given equation with the standard equation,

We get, a = -2, b = 4, c = -3

Hence, the values of a, b, and c in the given quadratic equation are a = -2, b = 4, c = -3

Learn more about quadratic equation click;

https://brainly.com/question/30098550

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A jar contains 4 marbles marked with the numbers 1 through 4. You pick a marble at random. What is the
probability of not picking the marble marked with the number 3? Enter your answer as a simplified
fraction.
The probability of not picking the marble marked with the number 3 is

Answers

Answer:

p =favorable outcome/possible outcome

p(not 3)=3/4

Find the measure of RPQ

Answers

Answer:

Step-by-step explanation:

<SRQ = 270 degrees

<RPQ is just 31 degrees short of that amount.

<RPQ = <SRQ - 31

<RPQ = 270 - 31

<RPQ = 239

Solve: 3.92 ÷ 0.07 (Answer as a decimal)

Answers

Answer:

56

Step-by-step explanation:

Answer:

0.56 or 56

Step-by-step explanation:

3.92/0.07 is 56 if you wanted to place it in decimal for you would have to move the decimal point 2 places over to get a decimal.

what 2 number multiply to be -12 and add to be -1

Answers

It shows be -4 and 3

An automobile manufacturer has given its van a 59.5 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the actual MPG for this van since it is believed that the van has an incorrect manufacturer's MPG rating. After testing 250 vans, they found a mean MPG of 59.2. Assume the population standard deviation is known to be 1.9. Is there sufficient evidence at the 0.1 level to support the testing firm's claim?

Answers

Answer:

The pvalue of the test is 0.0124 < 0.1, which means that there is sufficient evidence at the 0.1 level to support the testing firm's claim.

Step-by-step explanation:

An automobile manufacturer has given its van a 59.5 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the actual MPG for this van since it is believed that the van has an incorrect manufacturer's MPG rating:

At the null hypothesis, we test if the mean is the same, that is:

[tex]H_0: \mu = 59.5[/tex]

At the alternate hypothesis, we test that it is different, that is:

[tex]H_a: \mu \neq 59.5[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

59.5 is tested at the null hypothesis:

This means that [tex]\mu = 59.5[/tex]

After testing 250 vans, they found a mean MPG of 59.2. Assume the population standard deviation is known to be 1.9.

This means that [tex]n = 250, X = 59.2, \sigma = 1.9[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{59.2 - 59.5}{\frac{1.9}{\sqrt{250}}}[/tex]

[tex]z = -2.5[/tex]

Pvalue of the test and decision:

The pvalue of the test is the probability of finding a mean that differs from 59.5 by at least 0.3, which is P(|Z|>-2.5), which is 2 multiplied by the pvalue of Z = -2.5.

Looking at the z-table, Z = -2.5 has a pvalue of 0.0062

2*0.0062 = 0.0124

The pvalue of the test is 0.0124 < 0.1, which means that there is sufficient evidence at the 0.1 level to support the testing firm's claim.

Let ​g(x)x and ​h(x)
. Evaluate .

Answers

9514 1404 393

Answer:

  h(g(x)) = (1/5)x² +4/5

Step-by-step explanation:

  [tex](h\circ g)(x)=h(g(x))=h(x^2+2) = \dfrac{(x^2+2)+2}{5}=\dfrac{x^2+4}{5}\\\\\boxed{(h\circ g)(x)=\dfrac{1}{5}x^2+\dfrac{4}{5}}[/tex]

Which one is correct?

Answers

Answer:

C! I remember this hehehehe xD

the graphs r right and i really need help ​ans plz anwer both​

Answers

Answer:

See attachment for plots

Step-by-step explanation:

Given

The attached equations and points

Required

Plot the graph for each

[tex](a)\ y = x + 3[/tex]

[tex]x = \{-2,0,2\}[/tex]

For each value of x, we have:

[tex]y =x +3[/tex]

[tex]y =-2 +3 =1[/tex] ------ [tex](-2,1)[/tex]

[tex]y =0 +3 =3[/tex] ---- [tex](0,3)[/tex]

[tex]y =2 +3 =5[/tex] ----- [tex](2,5)[/tex]

[tex](b)\ y = \frac{1}{2}x - 2[/tex]

[tex]x = \{-2,0,2\}[/tex]

For each value of x, we have:

[tex]y = \frac{1}{2}x - 2[/tex]

[tex]y = \frac{1}{2}*-2 - 2= -3[/tex] ------ [tex](-2,-3)[/tex]

[tex]y = \frac{1}{2}*0 - 2= -2[/tex] ---- [tex](0,-2)[/tex]

[tex]y = \frac{1}{2}*2 - 2= -1[/tex] ----- [tex](2,-1)[/tex]

See attachment for both plot

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