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Ludmilka [50]
2 years ago
7

ind the present value that will grow to ​$4000 if the annual interest rate is ​8.5% compounded quarterly for 9 yr.

Mathematics
1 answer:
frozen [14]2 years ago
4 0

Answer:

  $1876.31

Step-by-step explanation:

The present value can be found using the compound interest formula.

<h3>Present value</h3>

The formula for the future value of an investment of P earning annual interest rate r compounded n times per year for t years is ...

  FV = P(1 +r/n)^(nt)

Filling in the known values gives ...

  4000 = P(1 +0.085/4)^(4·9) = P(1.02125^36)

Then the amount to be invested is ...

  P = 4000/1.02125^36 ≈ 1876.31

The present value is $1876.31.

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Pls can someone help me and have it right
dangina [55]

Answer:

Problem 1:

a. x=2

b. x=3

c. x=1

Problem 2:

A multiplication equation to hold the table true:

18\times3=54

A division equation to hold the table true:

\frac{54}{3} =18

Step-by-step explanation:

Given in problem 1:

(a). The equation is \frac{x}{6} > 1

It holds true for all values of x> 6.

Let us say x=12,

\frac{x}{6}=\frac{12}{6}  =2 which is greater than 1.

(b). The equation is \frac{x}{6} < 1

It holds true for all values of x< 6.

Let us say x=3

\frac{x}{6} =\frac{3}{6} =\frac{1}{2} which is less than 1.

(c). The equation is \frac{x}{6} = 1

It holds true for only x= 6.

Let us say x=6,

\frac{x}{6} =\frac{6}{6}=1 which is equal to 1.

Problem 2:

A multiplication equation to hold the table true:

18\times3=54

A division equation to hold the table true:

\frac{54}{3} =18

Therefore these are the values which hold true to the equation in problem 1 and 2.

8 0
3 years ago
5.) John collected stickers of different emoji's, he has 248 stickers. He
vivado [14]

Answer:

11

Step-by-step explanation:

248/24=10.3

round up to 11

4 0
3 years ago
−3/8 ÷ 1/2= the numbers are fractions
marishachu [46]

\text {Hi! To solve this problem you must...}

\text {Do Keep Change Flip (KCF):}

\text {Keep: -3/8}

\text {Change: /  into *}

\text {Flip: 1/2 into 2/1}

\text {Your new problem should be -3/8*2/1}

\text {The Final Step is to Multiply:}

\text {Note: When Multiplying Fractions you multiply Numerator by Numerator}

\text {and Denominator by Denominator}

\text {-3/8*2/1=}

\fbox {-6/8}

\text {Best of Luck!}

\text {-LimitedX}

4 0
3 years ago
The diameter of Jim’s circular flower bed is 10 feet. What is the area, in square feet, of Jim’s flower bed?
Setler79 [48]
The area of a circle is PiR^2
Divide 10 by 2, to get the radius.
Square the radius, 5, which gives you 25.
25Pi is your answer, which is C.)
8 0
3 years ago
Read 2 more answers
Can someone help with this question??
Scrat [10]

D 11 1/4

Step-by-step explanation:

3/4 + 1 1/2 is 2 1/4

2 1/4 x 5 is 11 1/4

8 0
2 years ago
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