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Arada [10]
3 years ago
15

Please help ASAP!!!

Mathematics
1 answer:
PolarNik [594]3 years ago
6 0
Use the formula 42600 ÷ (6.9 ÷<span> 100) to calculate this !

</span>42,600 ÷ (6.9 ÷ 100) = <span>617391.304348. Round this to 617391 since you can't sell a percentage of a book.
</span>
To check this, calculate 6.9 percent of 617391.304348. 0.069 · 617391.304348 = 42,600.
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You have a goal of saving to build up a nest egg of $625,357.24, and you are going to make regular deposits to an account that p
Delvig [45]

The monthly deposit required to save up to $625,357.24 (future value) in 40 years at a 7.2% APR is <u>$225.20</u>.

<h3>What is the monthly deposit?</h3>

The monthly deposits are the periodic savings that the investor must make to achieve future value.

The monthly deposit is compounded at the monthly annual percentage rate (APR).

We can compute the required monthly deposits using an online finance calculator as follows:

N (# of periods) = 480 months (40 years x 12)

I/Y (Interest per year) = 7.2%

PV (Present Value) = $0

FV (Future Value) = $625,357.24

<u>Results</u>:

Monthly Deposits (PMT) = $225.20

Sum of all periodic payments = $108,096 ($225.20 x 480)

Total Interest = $517,261.24

Thus, to save $625,357.24 in 40 years, you need to deposit <u>$225.20</u> monthly.

Learn more about periodic deposits (payments) at brainly.com/question/13031679

#SPJ1

6 0
1 year ago
ASAP WHO EVER ANSWER THESE WILL BE MARKED BRANLIEST
valentinak56 [21]

Answer:

i dont know honestly

Step-by-step explanation:

3 0
3 years ago
Mary buys last year's best-selling novel, in hardcover, for $18.00. This is with a 25% discount from the original price. What wa
Hitman42 [59]
A 25% discount means u paid 75%
75% of the original price is 18...
0.75x = 18.....with x being the original price
x = 18 / 0.75
x = 24 <== the original price
7 0
3 years ago
Read 2 more answers
What is the domain and range and function ??? Then can u explain how u did it please and thank you
enot [183]
The domain is
- 10 \leqslant x \leqslant 10
and the range is
- 5 \leqslant y \leqslant 5
Domain is x values (horizontal axis), while range is y values (vertical axis). On a line like this one, domain is calculated from the left most point to the right most, while range is calculated from the down most to the upmost.
Because this line is a solid line rather than a dotted line, less than or equal to
\leqslant
signs are used rather than just
<
less than signs.


6 0
3 years ago
I need helppppppp plzzzzz
Norma-Jean [14]

Answer:

Step-by-step explanation:

4x + 15 = 3

Subtract 15 from both sides

4x + 15 - 15 = 3 - 15

4x = -12

Divide both sides by 4

4x/4 = -12/4

x = -3

Check:

substitute x = -3 in the LHS of the  equation,

4*(-3) + 15 = -12 + 15

                 = 3 = RHS

6 0
3 years ago
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