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
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

You might be interested in
Solve the quadratic equation:<br> 3x^2+x-5=0
adell [148]

3x²+x-5=0

a = 3, b = 1, c= -5

-> ∆ ( delta ) = b²-4ac = 61 > 0

-> x1 =( -b+√∆ )÷ 2a =...

x2 = (-b-√∆)÷2a =...

p/s: do your teachers teach you how to use ∆ ( delta ) in maths calculation ? i live in europe and our teachers teach us that way. however, it is a rịght and fast way. you should learn it.

4 0
2 years ago
I need serious help with this! I'll give 20 points!
GrogVix [38]

Answer:

glizzy

Step-by-step explanation:

7 0
2 years ago
Standard form for 69,108
andre [41]
The standard form for 69,108 is 69,108.
3 0
3 years ago
Pleaseee answer asap.. thanks
andreyandreev [35.5K]

Answer:

the answer will be D

Step-by-step explanation:

5 0
3 years ago
Determine if the equation y = 2(0.45)x represents exponential growth or decay
djverab [1.8K]
We have that
y = 2(0.45)^x

in this problem 
2-----------> is the Coefficient
0.45-------> is the Base
<span>x-----------> is the Exponent

we know that
</span><span>If the base  is less than 1 (but always greater than 0), the function will be exponential decay
</span>It is decay because as x values increase, y values decrease.
<span>0.45 < 1  and 0.45 > 0
therefore

the equation
</span>y = 2(0.45)^x
represents <span>exponential decay
</span>
the answer is
exponential decay<span>

</span>
6 0
3 years ago
Other questions:
  • What is 23 ÷ 85.1 in decimal form
    6·2 answers
  • I need to know how long is each side of the infield. Btw in the picture on the bottom right it says A=81in squared
    12·1 answer
  • sam had 70 erasers and rulers. after giving away 1/3 of his erasers and 10 rulers, he had an equal number of erasers and rulers
    10·1 answer
  • 16x^2-25 and 4x^2-x-5?
    12·1 answer
  • Add parentheses to make the equation true: 6 times 8 - 4 = 24
    14·2 answers
  • We are planning a reception for our daughter. The hall that we are renting charges a $50 cleanup fee. In
    10·1 answer
  • 8b²+7b factorize it i want the explantion also pll help​
    14·2 answers
  • PLEASE HELP ASAP IN A QUIZ RN
    11·1 answer
  • NEED HELP QUICK!!! ∆PQR ~ ∆CDR. m∠C = 2(x +20)º, m∠PQR = (4x), and m∠P = (5x - 5)º. Find x.
    12·1 answer
  • Find the height of the triangle. Round the answer to one decimal place.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!