1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A bag contains 10 white golf balls and six striped golf balls a golfer wants to add 112 golf balls to the bag he wants the ratio
mario62 [17]
Then add 6/16 * 112 = 42 striped and
10/16 * 112 = 70 white
4 0
4 years ago
The length of a rectangle is 99 centimeters. Find all possible values for the width of the rectangle if the perimeter is at leas
deff fn [24]

So the width should be 21 cm, to have a length of 99 cm and a perimeter of 240 cm in linear equations.

What are instances of linear equations?

  • Ax+By=C is the usual form for two-variable linear equations. A standard form linear equation is, for instance, 2x+3y=5. When an equation is given in this format, finding both intercepts is rather simple (x and y).
  • Because (0,y) is the location where the line crosses the y-axis, the value of y when x is 0 is referred to as the y-intercept.
  • The point-slope form, standard form, and slope-intercept form are the three main types of linear equations.

240 = 2(99) + 2x

240 = 198 + 2x

42 = 2x

21 = x

Learn more about linear equations

brainly.com/question/11897796

#SPJ9

3 0
1 year ago
In which quadrant is the number 6 – 8i located on the complex plane?<br> I<br> II<br> III<br> IV
Marrrta [24]

Answer:

IV

Step-by-step explanation:

The 6 is to the right of the  x axis ( positive x) and the -8i is  below the x axis to the right.

5 0
4 years ago
Read 2 more answers
Analyze the following budget, with an income of $750, to determine how much can be spent on food for the month. Month________ Bu
noname [10]

To answer your question,

Budgeted amount is $750

Solution:

$20 personal items + $75 cell phone+ $85 entertainment + $260 car expenses like gas and insurance + $250 college savings = $690

$750-$690 = $60

<span>$60 is the budget for food</span>

3 0
3 years ago
Read 2 more answers
Is 2 /10 = 20/200? Why?
rosijanka [135]
Go to the Internet and search it because i don’t know sorry
3 0
3 years ago
Other questions:
  • What is the measure of RST?
    9·2 answers
  • Help please!! Dying at school right now.
    7·2 answers
  • Graph y=x+4 graph each equation
    7·1 answer
  • Please answer them <br> This is homework
    15·1 answer
  • Logarithms:
    9·1 answer
  • Write an equation of the line that passes through (−3,7) and is perpendicular to the line y=−2x−5.
    13·2 answers
  • I think I'm correct, but I still want someone to double check my answer
    8·1 answer
  • Hey can anyone help me out in dis!!!!
    13·2 answers
  • Find the value of x in; <br>5^(2x-1)=12^x​
    14·1 answer
  • Multiply Conjugates Using the Product of Conjugates Pattern
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!