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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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mamaluj [8]

Answer:

77.70 dollars or 77.7

Step-by-step explanation:

12.95 x 6 = 77.7 dollars

12.95 + 12.95 + 12.95 + 12.95 + 12.95 = 77.70

Hope this helps

7 0
3 years ago
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bija089 [108]

Answer:

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3 years ago
a recipe calls for 3 cups of flour and 2 cups of sugar if you only have 2.5 cups of sugar to keep it proportional how much sugar
belka [17]

Answer:

You would need to use 2.4 cups of sugar if you have 2.5 cups of flour.

Step-by-step explanation:

Divide: 3 divided by 2.5=1.2

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Answer: 2.4 cups of sugar

Hope this helped!! :)

Brainliest?!?!

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8 0
3 years ago
Evan has a storage unit that he keeps all his garden tools in. It measures 4 feet by 312 feet by 2 feet.A prism has a length of
Alexxandr [17]

The maximum amount of supplies that the storage unit can hold is 28 ft³

<h3>How to calculate the volume of a rectangular prism?</h3>

For us to calculate the volume or amount of space in Evan's prism, we will first of all calculate the volume of rectangular prisms. Formula is;

V = Length × width × height.

We are given;

length = 4 feet

width =  3.5 feet

height of the prism = 2 feet.

Thus;

V = 4 * 3.5 * 2

V = 28 ft³

Thus, the maximum amount of supplies that the storage unit can hold is 28 ft³

Read more about Volume of Rectangular Prism at; brainly.com/question/4062480

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6 0
2 years ago
How do you write 64% as A fraction
slavikrds [6]

Answer:

16/25

Step-by-step explanation:

64% =

64/100 =

16/25

6 0
3 years ago
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