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Bad White [126]
3 years ago
10

Find the present value that will grow to ​$23,000 if interest is 5​% compounded quarterly for 19 quarters.

Mathematics
1 answer:
brilliants [131]3 years ago
6 0
Find the present value that will grow to ​$23,000 if interest is 5​% compounded quarterly for 19 quarters.

Used compound interest formula.

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The principal P is borrowed at a simple interest rate are for a period of time T. Find the loans future value A, or the total am
Xelga [282]

Answer:

The total amount due after five years is $57,000.

Step-by-step explanation:

Recall that simple interest is given by the formula:

\displaystyle A=P(1+rt)

Where <em>A</em> is the final amount, <em>P</em> is the principal amount, <em>r</em> is the rate, and <em>t</em> is the time (in years).

Since we are investing a principal amount of $38,000 at a rate of 10.0% for five years, <em>P</em> = 38000, <em>r</em> = 0.1, and <em>t</em> = 5. Substitute:

\displaystyle A=38000(1+(0.1)(5))

Evaluate. Hence:

\displaystyle A=\$ 57,000

The total amount due after five years is $57,000.

4 0
2 years ago
Divide. 15÷−5 Drag and drop the correct number into the box to complete the sentence. The quotient is Response area.
german

Answer:

15÷-5=-3

Step-by-step explanation:

8 0
3 years ago
Each answer choice below represents a relation by a set of ordered pairs. In which of the answer choices is the relation a funct
alexdok [17]

Answer:

A - Not Function

B - Function

C - Function

D - Not Function

E - Function

Step-by-step explanation:

For a relation to be a function, each value of input should have exactly one output. Which means that for one value of x, there should only one value of y. If the relation has repetition of x in its ordered pairs, it means that for one value of x, there are two or more values of y, hence the relation is not a function

(Consult the diagram below)

<h3>A - {(6,12),(3,1),(−1,13),(6,4)} </h3>

As x = 6 is being repeat, it means that x=6 has two values of y that are 12 and 4. IT IS NOT A FUNCTION.

<h3>B - {(−1,−2),(−4,−4),(0,−5),(7,−5)} </h3>

No repetition of x, IT IS A FUNCTION.

<h3 /><h3>C - {(−5,1),(4,10),(5,10),(6,7)} </h3>

No repetition of x, IT IS A FUNCTION.

<h3 /><h3>D - {(−1,4),(1,6),(−1,−2),(0,7)} </h3>

As x = -1 is being repeat, it means that x=-1 has two values of y that are 4 and -2. IT IS NOT A FUNCTION.

<h3>E - {(−2,8),(2,1),(−4,8),(7,9)}</h3>

No repetition of x, IT IS A FUNCTION.

5 0
3 years ago
I'll give you brainliest once i know its right !!
Masteriza [31]

Answer:

D

Step-by-step explanation:

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5 0
2 years ago
Read 2 more answers
Find the indicated root.<br><br> Plz help
Zarrin [17]

Answer:

x^{15/3} =x^{5}

Step-by-step explanation:

5 0
3 years ago
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