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UkoKoshka [18]
2 years ago
14

how much must be deposited today to have $45,000 in 5 years with a quarterly compounding and an APR of 7.3%

Mathematics
1 answer:
Alekssandra [29.7K]2 years ago
6 0

Answer:

$31,341.81

Step-by-step explanation:

The compound amount equation is A = P(1 + r/n)^(nt), where P is the unknown principal, r is the annual interest rate, n is the number of compounding periods per year and t is the number of years.  We want to solve this for P:

       A

------------------- = P

(1 + r/n)^(nt)

Substituting the given numerical values;

     $45,000

 ---------------------------  =  P

   (1+0.073/4)^(4*5)

Using a calculator, we evaluate this expression, obtaining:  $31,341.81

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Solution set of 3x - ( 2x + 8 )= -6
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6 0
4 years ago
Which measurement is closest to the measure of segment W Z?
noname [10]
Like XZ divides the cord YV into two congruent parts (YW=5.27 cm=WV), this segment XZ must be perpendicular to the segment YV, then the angle XWY in triangle XWY is a right angle (90°) and the triangle XWY is a right angle.

We can apply the trigonometric ratios in triangle XWY:
Hypotenure: XY
sin 44°=(Opposite leg to 44°)/(hypothenuse)
sin 44°=YW/XY
sin 44°=(5.27 cm)/XY
Solving for XY. Cross multiplication:
sin44° XY=5.27 cm
Dividing both sides of the equation by sin 44°:
sin 44° XY / sin 44° = (5.27 cm)/sin 44°
XY=(5.27/sin 44°) cm
XY=(5.27/0.694658370) cm
XY=7.586462929 cm

This value XY is the radius of the circle, then:
XZ=XY→XZ=7.586462969 cm

tan 44°=(Opposite leg to 44°) / (Adjacent leg to 44°)
tan 44°=YW/XW
tan 44°=(5.27 cm)/XW
Solving for XW. Cross multiplication:
tan 44° XW=5.27 cm
Dividing both sides of the equation by tan 44°:
tan 44° XW / tan 44°=(5.27 cm)/tan 44°
XW=(5.27/tan 44°) cm
XW=(5.27/0.965688775) cm
XW=5.457244753 cm

WZ=XZ-XW
WZ=7.586462969 cm-5.457244753 cm
WZ=2.129218216 cm
Rounded to 2 decimal places:
WZ=2.13 cm

Answer: The <span>measurement is closest to the measure of segment WZ is
2.13 cm</span>
6 0
3 years ago
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