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e-lub [12.9K]
4 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]4 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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7.
nikitadnepr [17]

Answer:

$46

Step-by-step explanation:

40(0.15) = 6 (this is the amount of the tip)

40 + 6 = 46 (add the tip to the bill)

7 0
4 years ago
HELP HELP HELP
mojhsa [17]

Answer:

2998 ; 17%

Step-by-step explanation:

Given the function:

t(c)=-3970.9(ln c)

c = % of carbon remaining ; t = time

1.) c = 47% = 47/100 = 0.47

t(0.47) = - 3970.9(In 0.47)

t = - 3970.9 * −0.755022

t = 2998.119

t = 2998

B.)

t = 7000

t(c)=-3970.9(ln c)

7000 = - 3970.9(In c)

7000 / - 3970.9 = In c

−1.762824 = In c

c = exp(−1.762824)

c = 0.1715596

c = 0.1715596 * 100%

c = 17.156% ; c = 17%

8 0
3 years ago
Read 2 more answers
Jay is copying an angle. His work so far is shown below. Explain the importance of his next step, which is placing the point of
FinnZ [79.3K]

Answer:

  your answer is correct.

Step-by-step explanation:

For the purpose here, we'll call the missing point on the arc through Z point X.

Essentially, you want to make ΔXYZ ≅ ΔLMN by SSS. The construction so far ensures LM ≅ MN ≅ XY ≅ YZ. By copying the length LN to XZ, you ensure the congruence of the remaining sides of the triangles.

Then ∠XYZ ≅ ∠LMN because corresponding parts of congruent triangles are congruent.

In short, XZ needs to be the same distance as LN.

6 0
3 years ago
Mrs. Ellington has a $50 gift card to Best Buy. She purchased a DVD for $28. Which inequality shows all possible values for x, t
Effectus [21]

Answer:

4th option

Step-by-step explanation:

She purchased a DVD for $28.

$50 - $28 = $22

1. 22 < 22

2. 22 > 22

3. 22 < 78

4. 22 > 78

I would say it would be the 4th option because she can only spend less than 78.

I can be very incorrect though, don't depend on me that much. Just make sure to think about my answer and what you would answer.

4 0
3 years ago
Read 2 more answers
Choose 5 cards from a full deck of 52 cards with 13values (2, 3, 4, 5, 6, 7, 8, 9, 10, J, Q, K, A) and 4 kinds(spade, diamond, h
Delvig [45]

Answer:

a) 182 possible ways.

b) 5148 possible ways.

c) 1378 possible ways.

d) 2899 possible ways.

Step-by-step explanation:

The order in which the cards are chosen is not important, which means that we use the combinations formula to solve this question.

Combinations formula:

C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

In this question, we have that:

There are 52 total cards, of which:

13 are spades.

13 are diamonds.

13 are hearts.

13 are clubs.

(a)Two-pairs: Two pairs plus another card of a different value, for example:

2 pairs of 2 from sets os 13.

1 other card, from a set of 26(whichever two cards were not chosen above). So

T = 2C_{13,2} + C_{26,1} = 2*\frac{13!}{2!11!} + \frac{26!}{1!25!} = 182

So 182 possible ways.

(b)Flush: five cards of the same suit but different values, for example:

4 combinations of 5 from a set of 13(can be all spades, all diamonds, and hearts or all clubs). So

T = 4*C_{13,5} = 4*\frac{13!}{5!8!} = 5148

So 5148 possible ways.

(c)Full house: A three of a kind and a pair, for example:

4 combinations of 3 from a set of 13(three of a kind ,c an be all possible kinds).

3 combinations of 2 from a set of 13(the pair, cant be the kind chosen for the trio, so 3 combinations). So

T = 4*C_{13,3} + 3*C_{13.2} = 4*\frac{13!}{3!10!} + 3*\frac{13!}{2!11!} = 1378

So 1378 possible ways.

(d)Four of a kind: Four cards of the same value, for example:

4 combinations of 4 from a set of 13(four of a kind, can be all spades, all diamonds, and hearts or all clubs).

1 from the remaining 39(do not involve the kind chosen above). So

T = 4*C_{13,4} + C_{39,1} = 4*\frac{13!}{4!9!} + \frac{39!}{1!38!} = 2899

So 2899 possible ways.

4 0
3 years ago
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