1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksju [112]
2 years ago
12

Jane Roznowski wants to invest some money now to buy a new tractor in the future. If she wants to have ​$250,000 available in 4

​years, how much does she need to invest now in a CD paying 4.45​% interest compounded monthly​?
Mathematics
2 answers:
Aleks [24]2 years ago
7 0

Answer:

In a CD paying 4.45​% interest compounded monthly, to get 250.000$ after 4 years. Assume the amount she invests is A.

=> A x (1 + 4.45/100)^4 = 250000

=> A  x 1.19 = 250000

=> A = 250000/1.19 = 210084 dollar

Hope this helps!

:)

Mazyrski [523]2 years ago
5 0

Answer:

P = A(1+r/n)nt

225,000 = A(1+.0495/12)12(5)

225,000 = A(1+.001625)60

225,000 = A(1.001625)60

225,000 = A(1.102324208)

$204,114.18 = A

You might be interested in
1)2 out of 7 students are boys. about what percent of students are boys? please help me with the question it is due tomorrow!!!!
notka56 [123]
The long answer is <span>28.571428%, but I would round it upwards to make it seem more realistic.</span>
8 0
2 years ago
What is the ratio of the width to the length of a rectangular field that has a perimeter of 120 meters and an area of 500 square
Vinil7 [7]

Answer:

Step-by-step explanation:

w=50m

or

10m

6 0
2 years ago
What is the importance of polynomial functions and how this real life applications improve or contribute to the value of life
-Dominant- [34]

Answer:

<u><em>What is the importance of polynomial functions?</em></u>

<u><em> </em></u>Polynomials are an important part of the "language" of mathematics and algebra. They are used in nearly every field of mathematics to express numbers as a result of mathematical operations. Polynomials are also "building blocks" in other types of mathematical expressions, such as rational expressions.

<u><em /></u>

<u><em /></u>

<u><em /></u>

<u><em>How these real-life applications improve or contribute to the value of life?</em></u>

Since polynomials are used to describe curves of various types, people use them in the real world to graph curves. Combinations of polynomial functions are sometimes used in economics to do cost analyses, for example. Engineers use polynomials to graph the curves of roller coasters and bridges.

6 0
2 years ago
the cost per minute of a conference phone call, originally $2.80, increased by 20%. What is the new price?
erica [24]
Y=2.80(1.20)^1
=$3.36
4 0
3 years ago
Read 2 more answers
Which of the following is divisible by 2<br> 70581<br> 16853<br> 90000
Svetllana [295]
90000 is divisible by 2
6 0
2 years ago
Read 2 more answers
Other questions:
  • Wrote the fraction below as a sum or difference <br> 40 POINTS!!!! EASY
    12·1 answer
  • Write a possible equation for a polynomial whose graph has the following horizonal intercepts. Show your work.
    15·1 answer
  • The function f(x) = x2 is graphed above. Which of the graphs below represents the function g(x) = (x + 1)2?
    15·2 answers
  • Write an expression to match the words three times the sum of 8 and 4
    6·1 answer
  • What is 4600000000000 in scientific notation
    7·2 answers
  • Two angles are supplementary. One angle is 36 degrees bigger than the other. What is the measure of the bigger angle
    5·1 answer
  • The rectangular pyramid below has a volume of 200 m3. What is the height of the rectangular pyramid in meters? If the base is 6
    14·1 answer
  • Which of the following is an accurate description of the scatterplot?
    13·2 answers
  • What property is this<br> 16+(c+17)=(16+6)+17
    8·1 answer
  • Plz help me I need this
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!