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liq [111]
1 year ago
11

Charles would like to accumulate $340,000 for her retirement in 10 years. If she is promised a rate of 4.29% compounded quarterl

y by her local bank, how much should she invest today?
Mathematics
1 answer:
Slav-nsk [51]1 year ago
6 0

Answer:

$221,990.70

Step-by-step explanation:

here we need to apply the formula for future value ,,,,

Future Value = Present value (1+r/m)^mt

we insert the values we have in their respective positions. 4 29% = 0.0429 when we convert it by dividing by 100%

340, 000 = PV (1+0.0429/4)^4×10

340, 000/1.5322 = PV

PV = $221,990.70

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Please help i've been stuck on these for a bit now!
lisov135 [29]

Answer:

Q6. D

Q8. A

Step-by-step explanation:

Q6. In 40 trials, he flipped '2 heads and 1 tail' 16 times.

For 2 heads, probability= 16/40= 4/10

For 120 trials, number of times= 4/10 × 120= 48

Q8.

125x + 200 \geqslant 1200 \\ 125x \geqslant 1200 - 200 \\ 125x \geqslant 1000 \\ x \geqslant 1000 \div 125 \\ x \geqslant 8

Answer is A because the inequality shows that x is equal or greater than 8 so the dot at 8 has to be coloured.

Note that we do not change the inequality sign unless we are dividing the whole thing by -1.

5 0
3 years ago
A surgical procedure requires choosing among four alternative methodologies. The first can result in five possible outcomes, the
Illusion [34]

Answer:

15 possible outcomes

Step-by-step explanation:

Since each one of these methodologies are not related to one another and they do not need to be chosen in any order or consecutively then the possible outcomes would only need to be added all together to calculate the total possible outcomes. Since each outcome is independent. Therefore,

m1 = 5 outcomes

m2 = 2 outcomes

m3 = 4 outcomes

m4 = 4 outcomes

5 + 2 + 4 + 4 = 15

we can see that there are a total of 15 possible outcomes

4 0
2 years ago
WRITE a Linear FUNCTION, f, with the given values:<br> f(-4) = -5 and f(2) = -3
Crazy boy [7]

Answer:

answer to the question is A

8 0
2 years ago
6x - 8; 2(3x - 5) are they equivalent?
ycow [4]
Nope.........................................................
7 0
3 years ago
Consider a company that selects employees for random drug tests. The company uses a computer to select randomly employee numbers
andrew11 [14]
This problem sounds so ridiculous lol

All joking aside, first let's look at the multiples of 1000.

1000, 2000, 3000, 4000, 5000, 6000

That makes 6.  Complete the following equation, and you have your answer.

6 / 6296 = ?

0.000953 if you round.

Hope it helps. XD
8 0
3 years ago
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