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spin [16.1K]
3 years ago
6

Todd currently has $5,000. what was the value of his money four years ago if he's earned 4 percent interest each year? $4,274.02

$4,113.51 $4,109.64
Mathematics
2 answers:
avanturin [10]3 years ago
8 0

Answer: $4,274.02

Step-by-step explanation:

Given: The amount Todd has currently (P) = $5,000

The rate of interest (r) = 4%=0.04

Let the amount of money he has four years ago be x.

The formula to calculate compound amount after x years is given by :-

A=P(1+r)^x\\\\\Rightarrow\$5,000=P(1+0.04)^4\\\\\Rightarrow\$5,000=P(1.04)^4\\\\\Rightarrow\$5,000=P(1.16985856)\\\\\Rightarrow P=\frac{\$5,000}{1.16985856}=\$4274.02095515\approx\$4,274.02

Hence, the amount of money he has four years ago = $4,274.02

RideAnS [48]3 years ago
4 0
A=p(1+r)^t
5000=p(1+0.04)^4
P=5,000÷1.04^(4)
P=4,274.02
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According to the National Center for Health​ Statistics, in​ 1990, 28% of babies in the United States were born to parents who w
svlad2 [7]

Answer:

The year is  b =  1995

Step-by-step explanation:

From the question we are told that

   The percentage of the number of babies born out of wedlock in 1990 is  k = 28%

    The percentage by which the number increase per year is  i = 0.6%

     The percentage of of the number of babies born out of wedlock considered is  a = 31%

Generally the difference in between the percentage in 1990 and the percentage considered is  

       d =  a - k

=>    d =  31 - 28

=>   d =  3\%

Generally the number of year require for the percentage to be equal  to  31%  is mathematically represented as

       n = \frac{3\%}{0.6\%}

=>     n = 5\ years

Generally the year which the considered percentage will be attained is  

    b =  1990 + n

=> b =  1990 + 5

=> b =  1995

6 0
3 years ago
The shower block on the campsite has an area of 144 m2 The length of the shower block is 24 m.What is the width?
g100num [7]

Since the shower block is in the form of a rectangle. The shower block has an area of 144m^{2}. It has a length of 24m. We need to calculate the width of the shower block.

Area of rectangular shower block = length \times width

144m^{2} = 24 m \times width

width = = \frac{144m^{2}}{24m}

width = 6m

So, the width of the shower block is 6 meters.

8 0
3 years ago
I’m confused and need help fast please.
Vikki [24]

Answer:

C) 48.3

Step-by-step explanation:

The lines are parallel, meaning that when the third line is intersecting them both, the angles formed will be exactly the same. The top angle that is to the right is 25°, meaning that he bottom angle to the left is 25°. All that is left is to find the last two angles in order to find out what the answer to the equation is. The 25° angle is next to a triangle causing the lines to be flat, or 180°.

180 - 25 = 155

That means the bottom angle to the right is 155. In order to find x, subtract 10 and divide by 3.

3x + 10 - 10 = 155 - 10

3x = 135

3x/3 = 135/3

x = 48.3

6 0
2 years ago
For all parts of this question, use the function y + 2 = 3(x + 4)
vekshin1

i would start by simplifying the equation to get y by itself, you don't need to do this, but it makes it a little easier

y + 2 = 3 ( x + 4) distribute the 3 through the parenthesis

y + 2 = 3x + 12. subtract 2 from both sides

y = 3x +10

now to fill in the chart simply plug in the value of x to see what value of y it produces

y = 3(-2) +10

y = -6+10

y = 4

(-2,4)

y = 3(0) + 10

y = 0 + 10

y = 10

(0,10)

y = 3(2)+10

y = 6 + 10

y = 16

(2,16)

y = 3(4) + 10

y = 12 + 10

y = 22

(4,22)

8 0
2 years ago
Which of the following represents 8​
aniked [119]

Hello!

your answer is: A. 8

the other answers contain equations that do not result in 8

B is equal to 36

C is equal to 40,320

I hope this helps, and have a nice day!

4 0
3 years ago
Read 2 more answers
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