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horsena [70]
2 years ago
14

Use the simple interest formula method to calculate the future value of an annuity with annual annuity payments of $1200 at 4% i

nterest for 20 years.​
Mathematics
1 answer:
nikitadnepr [17]2 years ago
8 0

Answer:

Step-by-step explanation:

A = $2,629.35
A = P + I where
P (principal) = $1,200.00
I (interest) = $1,429.35

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Which system of linear inequalities has the point (2,1) in its solution set
Ira Lisetskai [31]

Answer:

the 2nd one

Step-by-step explanation:

7 0
3 years ago
What is the value of 3ab+5b-6 when a=-1 and b=3?<br> A.0<br> B.6<br> C.18<br> D.24
Otrada [13]

Answer:

A. 0

Step-by-step explanation:

3ab+5b-6

= 3(-1)(3)+5(3)-6

=3(-3)+15-6

=-9+9

=0 ( you have to subtract because they don't have the same signs)

5 0
3 years ago
Read 2 more answers
Are the equations 9x=5x+4 and 14x=4 equivilant?​
Paha777 [63]

Answer:

No

Step-by-step explanation:

First solve both equations:

1) 9x = 5x + 4

Simplifying

9x = 5x + 4

Reorder the terms:

9x = 4 + 5x

Solving

9x = 4 + 5x

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Add '-5x' to each side of the equation.

9x + -5x = 4 + 5x + -5x

Combine like terms: 9x + -5x = 4x

4x = 4 + 5x + -5x

Combine like terms: 5x + -5x = 0

4x = 4 + 0

4x = 4

Divide each side by '4'.

x = 1

Simplifying

x = 1

2) 14x = 4

14x = 4 (divide both sides by 14 to get x)

14x/14 = 4/14

x = 0.285714285714

As you can see, the value of x in the second equations is less than one, therefore making these algebraic equations not equivalent.

4 0
2 years ago
Read 2 more answers
.) A store receives 8 boxes of picture frames to sell. Unfortunately, 3 of the frames are broken and cannot be sold. There are 4
Mars2501 [29]

Answer:

There are 6 boxes

Step-by-step explanation:

We know there are 45 frames and 3 broken ones, so there are 48 frames in total.

We know there are 8 boxes that have the frames.

let x equal the amount of picture frames in a box

8x=48

8x/8 = 48/8

x=6

5 0
2 years ago
Solve by using proper methods. Show your work.
NeX [460]

Answer:

$70,201.38

Step-by-step explanation:

To determine the principal amount, we can use the formula:

P=\dfrac{A}{(1+\frac{r}{n})^{nt}}

A = $200,000

r = 7% or 0.07

t = 15 years

n = 12

Now let's substitute our values.

P=\dfrac{200,000}{(1+\frac{0.07}{12})^{12(15)}}

P=\dfrac{200,000}{(1.00583333333)^{12(15)}}

P=70,201.38

So the principal needed to get 200,000 in 15 years is $70,201.38.

7 0
2 years ago
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