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e-lub [12.9K]
3 years ago
11

Acme annuities recently offered an annuity that pays 4.7% compound monthly. What equal monthly deposit should be made into this

annuity in order to have $92000 in 16 years?
Mathematics
1 answer:
Ksivusya [100]3 years ago
4 0
Formula for Compound Interest

Amount = Principal * (1 + Rate/100)^Time
A = P * (1 + R/100)^T
P = A/((1 + R/100)^T) = 92000/((1 + 4.7/100)^16) = $44120.5503
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Choose the equation that matches the following situation: For a field trip, 24 students rode in cars and the rest filled three b
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8 0
3 years ago
PLZ HELP MARKIN BRAINIEST!!!
Dahasolnce [82]

From the graph, when x = 1, y = 57,000.

Replace x with 1 in the equations and see if any of the Y 's equal 57,000 :

y = -2610.82(1) + 47860.82 = 45,250

y = 219(1)^2 - 6,506.78(1) + 59,385 = 219 - 6506.78 + 59385 = 53,097.22

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y = 10,504.6 (1.1)^1 = 11,555.06

The second equation is the closest. so try another x value to see if it is close to the Y value:

Let's try x = 14:

y = 219(14)^2 - 6506.78(14) + 59,385 = 42924 - 91094.92 + 59385 = 11,214.08

This is close to Y = 12,00 shown on the graph

SO the closest equitation is y = 219x^2 - 6506.78x + 59385

8 0
3 years ago
A concrete pillar has the shape of a cylinder. It has a radius of 6 meters and a height of 4 meters. If concrete costs $82 per c
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82

Step-by-step explanation:

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How do if-then statements describe mathematical relationships?
Lelechka [254]

Answer:

Math relationships

Step-by-step explanation:

A mathematical relation is, a relationship between sets of numbers or sets of elements. Often you can see relationships between variables by simply examining a mathematical equation. Many physical relationships in electrostatics, electrodynamics, thermodynamics, etc. are expressed by mathematical equations. hope this helps you :)

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