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Svet_ta [14]
3 years ago
5

Jorgen made deposits of $250 at the end of each year for 12 years. The rate received was 6% annually. What's the value of the in

vestment after 12 years?
Mathematics
2 answers:
svet-max [94.6K]3 years ago
8 0
FV = P(\frac{ (1+r)^{n}-1 }{r})

Where, FV = Value after 12 years, P= Yearly deposits = $250, r= Rate = 6% = 0.06, n=Number of years = 12 years.

Then,
FV= 250 (\frac{( 1+0.06)^{12} -1 }{0.06}) = $4,217.50
levacccp [35]3 years ago
7 0

Answer:

$430

Step-by-step explanation:

We can use the simple interest rate formula to calculate the investment value after 12 years. The formula is:

A=P*(1+r*t)

Where A is the value of the amount after investment, P is the intitial investment, r is the rate and t is the time invested.

Therefore $250 at a rate of 6% for 12 years:

A=250*(1+0.06*12)=430

The value of the investment after 12 years is $430

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tensa zangetsu [6.8K]

The question is incomplete, as the depth of the hook isn't given in the question. However, using a proposed depth for the hook, we could give a stepwise solution to the exercise.

Answer:

Kindly check explanation

Step-by-step explanation:

If given a hook depth of 6 meters, and a distance of 8 m(fishing line from hook) at the the Same depth, then the distance between rose and the fish, x can be calculated, using the relation.

Hypotenus² = opposite² + adjacent²

(refer to attached picture)

x² = 6² + 8²

x² = 36 +. 64

x² = 100

x = sqrt(100)

x = 10 meters

You can use the actual depth value to obtain the actual solution to your question.

8 0
3 years ago
To play his game, Charles must distribute 350 tokens, when there are 7 players. How many will he have to distribute for 11 playe
Rzqust [24]
First divide 350 with 7

350/7 = 50.

Each player gets 50 tokens.

Now there are 11 players.

Multiply 50 with 11

50 x 11 = 550

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hope this helps
4 0
3 years ago
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3 years ago
You earn $15 per hour to babysit. After babysitting for 3 hours, you will earn $50. Write an equation in slope-intercept form to
Paha777 [63]

The equation  in slope-intercept form to represent the relationship between hours worked (x) and earnings in dollars (y) is y = $5 + $15x.

An equation in slope intercept form is usually written as: y = mx + b

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In order to determine the intercept, subtract $45 from $50.

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A similar question was solved here: brainly.com/question/15355500

4 0
3 years ago
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saw5 [17]
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5 0
3 years ago
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