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mario62 [17]
3 years ago
11

Jessica plans to purchase a car in one year at a cost of $30,000. how much should be invested in an account paying 10% compounde

d semiannually to have the funds needed?
Mathematics
1 answer:
dezoksy [38]3 years ago
4 0
The formula is
A=p (1+r/k)^kt
A fund needed 30000
p Amount invested?
R interest rate 0.1
K compounded semiannual 2
T time 1 year
Solve the formula for p to get
P=A÷(1+r/k)^kt
P=30,000÷(1+0.1÷2)^(2×1)
P=27,210.88
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Answer: $14,000

Step-by-step explanation:

Given the following :

Room & Board = $11,500

Work - study = $8000

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Tuition fee = $9500

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Therefore,

Amount to borrow per year :

$21,000 - $17,500 = $3500

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3 years ago
What is the surface area of this square pyramid? <br> HELP!
aniked [119]

Answer:

A≈149.84

Step-by-step explanation:

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After ordering the data set, what is the next step in drawing a box plot that shows the distribution of the amounts spent? 1. Ma
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Answer:

2. Find the five boundary values

Step-by-step explanation:

When drawing a dot, the steps are;

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2) The maximum value is the final number on the right of the list

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The numbers are divided from the median, such that the Lower half is to the left of the Median, and the Upper half is to the right of median

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2 years ago
En el cumpleaños de Andrea, David comió de la torta 2 5 , Sofí 3 7 , y Julián 1 4 , ¿Qué fracción de torta comieron entre los tr
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8 0
3 years ago
Log 15 (2x − 2) = log 15 (x+9)
notka56 [123]

Answer:

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Step-by-step explanation:

Given the equation

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Since 11>1, this is the solution to the equation.

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