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Basile [38]
3 years ago
13

Charlie wants to make a one-time investment in an account that earns 4% interest compounded quarterly. To earn $315,930 after 21

Mathematics
1 answer:
KIM [24]3 years ago
8 0

Answer:

B.  $136,960.54

Step-by-step explanation:

Rate = r = 4%

Times = b = 4

Future Value = A = $315,930

No. pf Years = n = 21

Present Value = P = ?

A = P [1 + (r / b)]ⁿᵇ

$315,930 = P [1 + (0.04 / 4]²¹ ˣ ⁴

$315,930 = P [1 + 0.01]⁸⁴

$315,930 = P [1.01]⁸⁴

$315,930 = P x 2.306723

P = $315,930 / 2.306723

P = $136,960.54

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Answer:

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Step-by-step explanation:

Given:

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Answer:

Domain: [-3, 1]

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Doman is the set of x-values that can be inputted into function f(x).

We see that our x-values span from -3 to 1. Since both have no holes, they are included in our domain:

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An aircraft flew 5 hours with the wind. The return trip took 6 hours against the wind. If the speed of the plane in still air is
Yakvenalex [24]

Answer:

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Given:

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