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
musickatia [10]
3 years ago
15

An investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after 30 years.

Mathematics
2 answers:
dexar [7]3 years ago
5 0
For this case we have an equation of the form:
 y = A * (b) ^ t
 Where,
 A: initial amount
 b: growth rate
 t: time
 Substituting values we have:
 y = 75000 * (1.125) ^ t
 For 30 years we have:
 y = 75000 * (1,125) ^ 30
 y = 2568247.871
 Rounding:
 y = 2568248
 Answer:
 
the value of the investment after 30 years is:
 
A. $ 2,568,248
enyata [817]3 years ago
4 0
Given that a<span>n investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after 30 years. 
Solution
The value after 30 years will be given by
A=P(1+r/100)^n
where:
P=principple
r=rate
n=time
from the information:
P=75000, r=12.5%, n=time
thus plugging the values we obtain:
A=75000(1+12.5/100)^30
A=75000(1.125)^30
A=2,568,247.871

Answer: </span><span>A. $2,568,248</span>
You might be interested in
You need to buy 12 tickets to a weekend concert festival but have two options for where to purchase them. Concert Specialties se
AURORKA [14]

Answer:

Concert Specialties is the better buy

Step-by-step explanation:

In order to determine which of the two deals is the better buy, we first need to find out how many of each pack we would need to get the needed 12 tickets. Once we have this value we multiply it by the dollar amount of each pack and compare the totals like so...

Concert Specialties => pack of 3 * 4 = 12 tickets => 4 * 75 = $300

We 'R' Entertainment => pack of 4 * 3 = 12 tickets => 3 * 108 = $324

Therefore, we can now see that the Concert Specialties is the better buy since you are getting the 12 tickets for $24 less than We 'R' Entertainment

3 0
3 years ago
Macs farm has a total of 18 horses and 27 cows. what is the ratio of horses to cows in simplest form?
Evgesh-ka [11]
The ratio is basically finding the quotient of two numbers. If you want to find the ratio of horses to cows, divide the number of horses to that of cows.

Ratio = 18/27

When expressing it to its simplest form, make sure it is reduced. 18 and 27 are both factors of 9. So,

Ratio = 9*2/9*3
Cancelling out 9, the ratio at its simplest form is: <em>2/3</em>
7 0
3 years ago
a store owner wishes to make a new tea with a unique flavor by mixing black tea and oolong tea. if he has 35 pounds of oolong te
Verizon [17]

35 pounds of black tea is needed to be mixed to get the final mixture for 2.10 per pound

<h3>What is an equation?</h3>

An equation is an expression that shows the relationship between two or more numbers and variables.

Let x represent the amount of black tea worth 1.80 per pound to be mixed to get the final mixture for 2.10 per pound, hence:

2.4(35) + 1.8(x) = 2.1(x + 35)

x = 35 pounds

35 pounds of black tea is needed to be mixed to get the final mixture for 2.10 per pound

Find out more on equation at: brainly.com/question/2972832

#SPJ1

3 0
2 years ago
The length of a rectangle is nine more than the width. If the perimter of the rectangle is 62 feet,
neonofarm [45]

Answer:

Step-by-step explanation:

20ft

8 0
3 years ago
What is a formula for the nth term of the given sequence?<br> 36, 24, 16...
SpyIntel [72]

Answer:

The formula to find the nth term of the given sequence is 54 · \frac{2}{3} ^{n}

Step-by-step explanation:

The formula for nth term of an geometric progression is :

a_{n} = \frac{a_{1}(r^{n})}{r}

In this example, we have a_{1} = 36 (the first term in the sequence) and

r = \frac{2}{3} (the rate in which the sequence is changing).

Knowing what the values for r and a_{1} are, now we can solve.

a_{n} = \frac{a_{1}(r^{n})}{r} = \frac{36 (\frac{2}{3} ^{n}) }{\frac{2}{3} } = 54 · \frac{2}{3} ^{n}

Therefore, the formula to find the nth term of the given sequence is

54 · \frac{2}{3} ^{n}

3 0
3 years ago
Other questions:
  • A bow is made from 2 2/3 yards of ribbon. Which expression gives the number of bows that can be made from 22 5/8 yards?
    7·2 answers
  • Which of these could also be classified as a chemical property of matter? A) odor B) melting point C) molecule size D) generatio
    8·2 answers
  • You are on a basketball team and you score 84 points in 6 games
    15·2 answers
  • 5) Two angles whose measures add up to 180 degrees are called _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.
    9·2 answers
  • Find the difference. Check your answer by adding.<br><br> 652,203 - 62,285
    6·1 answer
  • Is the origin Located at the point (1,1)
    14·2 answers
  • M(4, 2) is the midpoint of RS. The coordinate of S are (6, 1). What are the coordinates of R?
    12·1 answer
  • Consider the multivariable function f\left(x,y,z\right)=\frac{x^3-2.5y^2+\frac{z}{2}}{z\left(x-y\right)}f ( x , y , z ) = x 3 −
    5·1 answer
  • Layla is saving money to buy a bicycle that costs $249. She has already saved $193. She saves
    12·1 answer
  • A number, increased by four times the number, is 35. Find the number.<br>​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!