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FinnZ [79.3K]
3 years ago
6

Maria Addai has been offered a future payment of $990 two years from now. If she can earn 8.2 percent compounded annually on her

investment, what should she pay for this investment today? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to the nearest penny.)
Mathematics
2 answers:
ZanzabumX [31]3 years ago
8 0

Answer:

845.63

Step-by-step explanation:

hope it helps...

IgorLugansk [536]3 years ago
3 0

Answer:

845.6306

Step-by-step explanation:

Firstly this is annuity based

Let, investment at beginning of year = <em>x</em>

Then value at year 1 end = x + (8.2% \times x)

Value at end of year 2 = (x + 0.082x) + (8.2% \times (x + 0.082x))

Now this value = $990

Therefore,

990 =  (x + 0.082x) + ((x + 0.082x) \times 8.2%)

990 = x + 0.082x + 0.082x + 0.006724x = 1.170724x

x = 990/1.170724 = 845.6306

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Can you please help me with this problem?
Hoochie [10]
Here you have to find which each variable is, for this you start of picking one equation,

x + 2y + 6z = 4
-3x + 2y - 2 = -4
4x + 2z = 16

depending the equation you pick you multiply that by a certain number that will give you the opposite of one of the other equations,
-1(x + 2y + 6z = 4)
= -x -2y - 6z = -4

With this you add or subtract it with the equation that has the same number or variable, or both,
In this case it will be the equation,
-3x + 2y + 6z = 4
You can use this one or the third equation since both have a positive 2y which will cancel with -2y from the new equation,
-x - 2y - 6z = -4
-3x + 2y -z = -4

= -4x -7z = -8
Now you since you just eliminated the variable (y) you now have 2 variables, and the last equation has only 2 variables, meaning now you find the answer to those to equations,

-4x -7z = -8
4x + 2z = 16

= -5z = 8
Now leave the variable by itself,
z = 8/5
Now you found the variable (z), with this just substitute on one of the equations we used to find (z) so you can find (x), after that substitute those answered to on of the original equations so you can find (y)




6 0
3 years ago
Can someone help me pls
Pepsi [2]

Answer:

jen

Step-by-step explanation:

Jordan's total number of sit-ups

20+24+28+32= 104

Jen's total number of sit-ups

40+48+56+62=208

divide Jen's sit-ups by Jordan's sit-ups

208/104=2

3 0
3 years ago
Can someone help me ): i think you should
Dimas [21]

Answer:

54+90+120+150+54= 468

D would be the answer

5 0
3 years ago
Read 2 more answers
What is the definition of supplementary angles.
never [62]

Answer: either of two angles whose sum is 180°.

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Is this correct now?
Makovka662 [10]
I would say no it’s not correct, the point is not in the correct place
8 0
3 years ago
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