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
charle [14.2K]
3 years ago
10

Recently, More Money 4U offered an annuity that pays 5.4% compounded monthly. If $1,132 is deposited into this annuity every​ mo

nth, how much is in the account after 12 ​years? How much of this is​ interest

Mathematics
2 answers:
Harlamova29_29 [7]3 years ago
7 0
Rate = rate / 12 months  =.054 / 12 = .0045

Total = 1,132 *[(1.0045)^13 -1 / .0045)] - 1,132
<span>Total = 1,132 * [(1.0601058573 -1 / .0045] - 1,132
</span>
Total = 1,132 * [(.0601058573 / .0045] - 1,132<span><span> </span> </span>
Total = 1,132 * <span> <span> <span> 13.3568571853 -1,132
</span></span></span>
Total = 1,132 * <span> <span> <span> 13.3568571853
</span></span></span>
<span> <span> <span> Total = 15,119.96 </span> -1,132
</span></span>
Total = <span> <span> <span> 13,987.96 </span> </span> </span>


<span><span> </span> </span>

ICE Princess25 [194]3 years ago
7 0

Answer:

How much of this is​ interest

capital 163008

Interest 65640,06

Total 228648,064

Step-by-step explanation:

FVOrdinary Annuity​=C*(1+i)n-1/i        

       

FVOrdinary Annuity​=1132*(1+5,4%/12)12*120-1/5,4%/12        

       

Monthly i N Pot                    x x/int            VF  

1132     0,45% 144 1,90893665 0,91 201,99 228648,064  

       

       

Annual % N Annual % VF    

1132 1,00 143 1132 1,90 2.151,24    

1132 1,00 142 1132 1,89 2.141,60    

1132 1,00 141 1132 1,88 2.132,00    

1132 1,00 140 1132 1,87 2.122,45    

1132 1,00 139 1132 1,87 2.112,95    

1132 1,00 138 1132 1,86 2.103,48    

1132 1,00 137 1132 1,85 2.094,06    

1132 1,00 136 1132 1,84 2.084,68    

1132 1,00 135 1132 1,83 2.075,34    

1132 1,00 134 1132 1,83 2.066,04    

1132 1,00 133 1132 1,82 2.056,78    

1132 1,00 132 1132 1,81 2.047,57    

1132 1,00 131 1132 1,80 2.038,40    

1132 1,00 130 1132 1,79 2.029,27    

1132 1,00 129 1132 1,78 2.020,17    

1132 1,00 128 1132 1,78 2.011,12    

1132 1,00 127 1132 1,77 2.002,11    

1132 1,00 126 1132 1,76 1.993,15    

1132 1,00 125 1132 1,75 1.984,22    

1132 1,00 124 1132 1,74 1.975,33    

1132 1,00 123 1132 1,74 1.966,48    

1132 1,00 122 1132 1,73 1.957,67    

1132 1,00 121 1132 1,72 1.948,90    

1132 1,00 120 1132 1,71 1.940,17    

1132 1,00 119 1132 1,71 1.931,48    

1132 1,00 118 1132 1,70 1.922,82    

1132 1,00 117 1132 1,69 1.914,21    

1132 1,00 116 1132 1,68 1.905,63    

1132 1,00 115 1132 1,68 1.897,10    

1132 1,00 114 1132 1,67 1.888,60    

1132 1,00 113 1132 1,66 1.880,14    

1132 1,00 112 1132 1,65 1.871,72    

1132 1,00 111 1132 1,65 1.863,33    

1132 1,00 110 1132 1,64 1.854,98    

1132 1,00 109 1132 1,63 1.846,67    

1132 1,00 108 1132 1,62 1.838,40    

1132 1,00 107 1132 1,62 1.830,16    

1132 1,00 106 1132 1,61 1.821,97    

1132 1,00 105 1132 1,60 1.813,80    

1132 1,00 104 1132 1,60 1.805,68    

1132 1,00 103 1132 1,59 1.797,59    

1132 1,00 102 1132 1,58 1.789,54    

1132 1,00 101 1132 1,57 1.781,52    

1132 1,00 100 1132 1,57 1.773,54    

1132 1,00 99 1132 1,56 1.765,59    

1132 1,00 98 1132 1,55 1.757,68    

1132 1,00 97 1132 1,55 1.749,81    

1132 1,00 96 1132 1,54 1.741,97    

1132 1,00 95 1132 1,53 1.734,17    

1132 1,00 94 1132 1,53 1.726,40    

1132 1,00 93 1132 1,52 1.718,66    

1132 1,00 92 1132 1,51 1.710,96    

1132 1,00 91 1132 1,50 1.703,30    

1132 1,00 90 1132 1,50 1.695,67    

1132 1,00 89 1132 1,49 1.688,07    

1132 1,00 88 1132 1,48 1.680,51    

1132 1,00 87 1132 1,48 1.672,98    

1132 1,00 86 1132 1,47 1.665,49    

1132 1,00 85 1132 1,46 1.658,03    

1132 1,00 84 1132 1,46 1.650,60    

1132 1,00 83 1132 1,45 1.643,20    

1132 1,00 82 1132 1,45 1.635,84    

1132 1,00 81 1132 1,44 1.628,51    

1132 1,00 80 1132 1,43 1.621,22    

1132 1,00 79 1132 1,43 1.613,96    

1132 1,00 78 1132 1,42 1.606,73    

1132 1,00 77 1132 1,41 1.599,53    

1132 1,00 76 1132 1,41 1.592,36    

1132 1,00 75 1132 1,40 1.585,23    

1132 1,00 74 1132 1,39 1.578,13    

1132 1,00 73 1132 1,39 1.571,06    

1132 1,00 72 1132 1,38 1.564,02    

1132 1,00 71 1132 1,38 1.557,01    

1132 1,00 70 1132 1,37 1.550,04    

1132 1,00 69 1132 1,36 1.543,09    

1132 1,00 68 1132 1,36 1.536,18    

1132 1,00 67 1132 1,35 1.529,30    

1132 1,00 66 1132 1,34 1.522,45    

1132 1,00 65 1132 1,34 1.515,63    

1132 1,00 64 1132 1,33 1.508,84    

1132 1,00 63 1132 1,33 1.502,08    

1132 1,00 62 1132 1,32 1.495,35    

1132 1,00 61 1132 1,32 1.488,65    

1132 1,00 60 1132 1,31 1.481,98    

1132 1,00 59 1132 1,30 1.475,34    

1132 1,00 58 1132 1,30 1.468,73    

1132 1,00 57 1132 1,29 1.462,15    

1132 1,00 56 1132 1,29 1.455,60    

1132 1,00 55 1132 1,28 1.449,08    

1132 1,00 54 1132 1,27 1.442,59    

1132 1,00 53 1132 1,27 1.436,13    

1132 1,00 52 1132 1,26 1.429,69    

1132 1,00 51 1132 1,26 1.423,29    

1132 1,00 50 1132 1,25 1.416,91    

1132 1,00 49 1132 1,25 1.410,57    

1132 1,00 48 1132 1,24 1.404,25    

1132 1,00 47 1132 1,23 1.397,96    

1132 1,00 46 1132 1,23 1.391,69    

1132 1,00 45 1132 1,22 1.385,46    

1132 1,00 44 1132 1,22 1.379,25    

1132 1,00 43 1132 1,21 1.373,07    

1132 1,00 42 1132 1,21 1.366,92    

1132 1,00 41 1132 1,20 1.360,80    

1132 1,00 40 1132 1,20 1.354,70    

1132 1,00 39 1132 1,19 1.348,63    

1132 1,00 38 1132 1,19 1.342,59    

1132 1,00 37 1132 1,18 1.336,58    

1132 1,00 36 1132 1,18 1.330,59    

1132 1,00 35 1132 1,17 1.324,63    

1132 1,00 34 1132 1,16 1.318,70    

1132 1,00 33 1132 1,16 1.312,79    

1132 1,00 32 1132 1,15 1.306,91    

1132 1,00 31 1132 1,15 1.301,05    

1132 1,00 30 1132 1,14 1.295,22    

1132 1,00 29 1132 1,14 1.289,42    

1132 1,00 28 1132 1,13 1.283,64    

1132 1,00 27 1132 1,13 1.277,89    

1132 1,00 26 1132 1,12 1.272,17    

1132 1,00 25 1132 1,12 1.266,47    

1132 1,00 24 1132 1,11 1.260,80    

1132 1,00 23 1132 1,11 1.255,15    

1132 1,00 22 1132 1,10 1.249,53    

1132 1,00 21 1132 1,10 1.243,93    

1132 1,00 20 1132 1,09 1.238,36    

1132 1,00 19 1132 1,09 1.232,81    

1132 1,00 18 1132 1,08 1.227,28    

1132 1,00 17 1132 1,08 1.221,79    

1132 1,00 16 1132 1,07 1.216,31    

1132 1,00 15 1132 1,07 1.210,86    

1132 1,00 14 1132 1,06 1.205,44    

1132 1,00 13 1132 1,06 1.200,04    

1132 1,00 12 1132 1,06 1.194,66    

1132 1,00 11 1132 1,05 1.189,31    

1132 1,00 10 1132 1,05 1.183,98    

1132 1,00 9 1132 1,04 1.178,68    

1132 1,00 8 1132 1,04 1.173,40    

1132 1,00 7 1132 1,03 1.168,14    

1132 1,00 6 1132 1,03 1.162,91    

1132 1,00 5 1132 1,02 1.157,70    

1132 1,00 4 1132 1,02 1.152,51    

1132 1,00 3 1132 1,01 1.147,35    

1132 1,00 2 1132 1,01 1.142,21    

1132 1,00 1 1132 1,00 1.137,09    

1132 1,00 0 1132 1,00 1.132,00    

You might be interested in
If sin θ = cot θ, then, what is the value of cos θ + 2 cos^2 θ + 2 cos^3 θ + cos^ 4 θ ?
VARVARA [1.3K]

Notice that

cos(θ) + 2 cos²(θ) + 2 cos³(θ) + cos⁴(θ)

= cos(θ) (1 + 2 cos(θ) + 2 cos²(θ) + cos³(θ))

= cos(θ) ([1 + cos(θ)] + [cos(θ) + cos²(θ)] + [cos²(θ) + cos³(θ)])

= cos(θ) ([1 + cos(θ)] + [cos(θ) (1 + cos(θ))] + [cos²(θ) (1 + cos(θ))])

= cos(θ) (1 + cos(θ)) (1 + cos(θ) + cos²(θ))

Given that sin(θ) = cot(θ), by definition of cotangent this tells us that

sin(θ) = cos(θ)/sin(θ)   ⇒   cos(θ) = sin²(θ)

and by the Pythagorean identity

cos²(θ) + sin²(θ) = 1

it follows that

cos(θ) = sin²(θ) = 1 - cos²(θ)

Substituting these results into the factorization above gives

cos(θ) (1 + cos(θ)) (1 + cos(θ) + cos²(θ))

= cos(θ) (1 + cos(θ)) (1 + [1 - cos²(θ)] + cos²(θ))

= 2 cos(θ) (1 + cos(θ))

= 2 sin²(θ) (1 + cos(θ))

= 2 (1 - cos²(θ)) (1 + cos(θ))

= 2 (1 + cos(θ) - cos²(θ) - cos³(θ))

= 2 (cos(θ) + cos(θ) - cos³(θ))

= 2 (2 cos(θ) - cos³(θ))

= 2 cos(θ) (2 - cos²(θ))

= 2 cos(θ) (1 + cos(θ))

= 2 (cos(θ) + cos²(θ))

= 2 (1 - cos²(θ) + cos²(θ))

= 2

7 0
3 years ago
3. 72 in. ___ = ft help​
Pachacha [2.7K]

Answer:

6 feet

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Which value of x is not a solution to 3x−1&lt;5 or 7−x≤3 ?<br> A 0<br> B 2<br> C 4<br> D 5
LuckyWell [14K]

Answer:

B

Step-by-step explanation:

pls mark me brainless pls

7 0
3 years ago
Last Sunday 1,757 people visited the amusement park.56% of the visitors were adults,16%were teenagers, and 28% were children age
Sveta_85 [38]

Answer:

  • 984 adults
  • 281 teens
  • 492 children

Step-by-step explanation:

Multiply the total by the corresponding percentage to find the number. We assume the percentages have been rounded, so some adjustment is needed in the result of the multiplication.

{adults, teens, children} = 1757 × {.56, .16, .28} = {983.92, 281.12, 491.96}

  ≈ {984, 281, 492}

The visitors included 984 adults, 281 teens, and 492 children.

5 0
3 years ago
The volume of a square prism is 144x^3 +216x^2 +81x
Svetach [21]

Answer:

Equation for the perimeter of prism's square face: 16x + 12

Step-by-step explanation:

Volume of Square prism = Length * Width * Height

                                         = 144 x^3 + 216 x^2 +81 x

taking 9x common = 9x( 16 x^2 + 24 x + 9)

                               = 9x ( (4x)^2 + 2(4x)(3) + (3)^2 )

                                = 9x ( 4x+3)^2

so the length is 9x, width is 4x+3 and height is 4x+3

Now, Perimeter of prism's square face = 2* Width + 2 * Height

                                                                = 2* (4x+3) + 2* (4x+3)

                                                                = 8x +6 + 8x + 6

                                                                = 16x +12

                   

6 0
3 years ago
Other questions:
  • Which statement below is true regarding these two polygons?  Question 11 options:  ; 5 : 3.12   ; 10 : 1.2   The polygons are no
    6·2 answers
  • Jay and Blair went fishing together they caught 27 fish. Jay caught 2 times as many fish as Blair. How many fish did Jay and Bla
    5·1 answer
  • The amount of time it takes p people to paint d doors varies directly with the number of doors and inversely with the number of
    7·1 answer
  • Andre says that 5 3/4 + 2 1/4 = 7 1/2 because 7 4/8 = 7 1/2. Identify his mistake. Draw a picture to prove that he is wrong.
    5·1 answer
  • Find the distance between c(-6,5)and D(-3,1)
    10·1 answer
  • What is the standard form of y=-7x-2
    14·2 answers
  • You deposit $400 in an account . The account earns $ 16 simple interest in years . What is the annual interest rate? year
    12·1 answer
  • The value of a baseball​ player's rookie card began to increase once the player retired. When he retired in 1998 his card was wo
    7·1 answer
  • A 4 meter long ladder leans against a 90 degree wall at a 68 degree angle.
    13·1 answer
  • 9. Which function's graph is a translation of the graph of f(x) = x shifted 7 units to the left?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!