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
igomit [66]
3 years ago
13

Jerome will be buying a used car for $11,000 in 4 years. How much money should he ask his parents for now so that, if he invests

it at 8% compounded continuously, he will have enough to buy the car?
Mathematics
1 answer:
hjlf3 years ago
4 0

Answer:

$7,987.64

Step-by-step explanation:

We know,

A = Pe^(rt)

Here,

A = 11000  

interest r = .08

Time t = 4

Now,

11000 = Pe^(.08 * 4)

Or, 11000 = Pe^.32  

Or, 11000 / e^.32 = P

Or, 7987.6394 = P

Or, P= 7,987.64

Jerome will have to ask for $7,987.64 to his parents.  

You might be interested in
the admission fee at the amusement park is $3.00 for children and 6.40 fo adults on a certain day 275 people entered the park an
Sonbull [250]
Children=x
Adults=y
* x + y =275 => x = 275 - y
* 3.00x + 6.40y = 1284 <=> 3.00(275 - y) + 6.40y = 1284 <=> ... <=> y = 135 => x = 275 - 135 = 140
Children: 140
Adults: 135
5 0
3 years ago
Read 2 more answers
A rectangle is 3 times as long as it is wide. the perimeter is 16 feet. find the dimensions ​
astraxan [27]

Answer:

Width = 2 feet

Length = 6 feet

Explanation:

Variables:

Perimeter = p

Length = l

Width = w

Equation:

2w + 2l = p

It is given that:

l = 3w

and

p = 16 feet

With this information, we can rewrite the equation (substitute)

2w + 2(3w) = 16

Simplify

2w + 6w = 16

Add

8w = 16

Divide both sides of the equation by 8

Width = 2 feet

Length = 3(w) = 3(2) = 6 feet

Hope this helps :)

6 0
2 years ago
PLEASE HELP what is the next term what is A in the sequence and what is the common ratio for 2 4 8 16 32
mel-nik [20]

Answer:

The next term is 64, a is 2, and the common ratio is 2.

Step-by-step explanation:

Look at what's happening from each number to the next. What do you need to do to get from 2 to 4, or 4 to 8? Multiply by 2. That's your common ratio. To get the next number in the sequence, multiply the last number by the common ratio of 2. 32 x 2 = 64, so the next number in the sequence is 64. "a" is just the very first term, meaning it's 2.

5 0
2 years ago
Janko measures 162 cm and his father 180 cm.The father is abaut % higher than Janko​
Vesnalui [34]

Answer:

10%

Step-by-step explanation:

180-162=18

180/18=10

=10%

3 0
2 years ago
fran swims at a speed of 2.6mph in stillwater the river flows at a speed of 0.4mph how long will it take her to swim 4.4mi upstr
yawa3891 [41]
Her speed will be affected by the speed of the river therefore her speed upstream will be 2.6-0.4 mph and her speed downstream will be 2.6+0.4mph
Therefore upstream it will take 4.4/2.2=2 hours
And downstream it will take 4.4/3=1.47 hours (3sf)
3 0
3 years ago
Other questions:
  • 2x+3y=12 x-y=6 solve the following system equations
    5·1 answer
  • Do the following lengths form a right triangle
    13·2 answers
  • Kari drew two parallel lines PQ and RS intersected by a transversal KL, as shown below:
    15·2 answers
  • Which of the following equations is of a parabola with a vertex at (0, -5)
    8·2 answers
  • 0.4 in fraction form. Please
    7·2 answers
  • What is the difference?
    14·2 answers
  • Which uses a logarithmic scale?
    11·2 answers
  • Please i need your help?
    5·1 answer
  • Can somebody please help me here is the question
    13·1 answer
  • A rope is 50 meters long. It is cut into two pieces and one piece is 8 meters longer than the other. What are the two lengths?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!