The amount to be invested today so as to have $12,500 in 12 years is $6,480.37.
The amount that would be in my account in 13 years is $44,707.37.
The amount I need to deposit now is $546.64.
<h3>How much should be invested today?</h3>
The amount to be invested today = future value / (1 + r)^nm
Where:
- r = interest rate = 5.5 / 365 = 0.015%
- m = number of compounding = 365
- n = number of years = 12
12500 / (1.00015)^(12 x 365) = $6,480.37
<h3>What is the future value of the account at the end of 13 years?</h3>
Future value = monthly deposits x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5.3 / 12 = 0.44%
- n = 13 x 12 = 156
200 x [{(1.0044^156) - 1} / 0.0044] = $44,707.37
<h3>What should be the monthly deposit?</h3>
Monthly deposit = future value / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = 6.7 / 12 = 0.56%
- n = 2 x 12 = 24
$14,000 / [{(1.0056^24) - 1} / 0.0056] = $546.64
To learn more about annuities, please check: brainly.com/question/24108530
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<h2>
Hello!</h2>
The answer is: 50% (0.5)
<h2>
Why?</h2>
Exponential growth equations are use to predict the growth (in function of time) using proportional information.
We can calculate the exponential growth using the following formula:

Where,
S, is the starting value
r, is the growth rate
t, is the time
So, we are given the function:

Where,
f(t), is the function,
3, is the starting value (lb)
0.5 (50%) is the growth rate
nt, is the time elapsed.
Hence,
From the given function, we know that the growth rate is equal to 0.5, and it's equal to 50%.
We can turn the growth rate given in real numbers to percent value by multiplying by 100

So, the growth rate is 50%.
Have a nice day!
Answer: 6
Step-by-step explanation:
<span>
<u><em>Answer:</em></u>The first group would have <u>12 cans</u>
The second group would have <u>16 cans</u>
<u><em>Explanation:</em></u>We know that the total number of cans in 28 and that the ratio between the two groups is 3:4
<u>This means that:</u>
If the first group has 3x cans, then the second group would have 4x cans.
<u>Now, we would solve for x:</u>
3x + 4x = 28
7x = 28
x = </span>

<span>
x = 4 cans
<u><em>Therefore:</em></u>
The first group would have 3x = 3(4) = 12 cans
The second group would have 4x = 4(4) = 16 cans
Hope this helps :)</span>
Answer:
(x+1)(x+3)
Step-by-step explanation:
Let's factor x^2+4x+3
x^2+4x+3
The middle number is 4 and the last number is 3.
Factoring means we want something like
(x+_)(x+_)
Which numbers go in the blanks?
We need two numbers that...
Add together to get 4
Multiply together to get 3
Can you think of the two numbers?
Try 1 and 3:
1+3 = 4
1*3 = 3
Fill in the blanks in
(x+_)(x+_)
with 1 and 3 to get...
(x+1)(x+3)