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
kompoz [17]
4 years ago
13

James knows that he eventually wants to buy a motorcycle, and the model he has in mind costs $5,000. He has found a bank that wi

ll let him open a saving account with 7% interest that is compounded monthly. If he wants to buy his motorcycle in 5 years (he's still nervous), how much money should he invest in the account now
Mathematics
1 answer:
svetlana [45]4 years ago
4 0

Answer:

3527

Step-by-step explanation:

Using our compound interest formula we can plug in all of our given values and solve for P.

A(t)=P(1+r/n)^nt

5,000=P(1+0.07/12)^12(5)

P=5000/(1+0.07/12)^60

P≈$3,527

You might be interested in
A tree dimensional figure has _______, ___________, __________, ​
Anton [14]

Answer: faces, edges, and vertices.

Also height, width and depth.

5 0
3 years ago
What is the dimension of a rectangle if the perimeter is 198
AfilCa [17]

Answer:

Length = 49.5 unit and width = 49.5 unit

Step-by-step explanation:

Given as , Perimeter of rectangle = 198 unit

so ,as Perimeter of rectangle = 2× ( Length + width)

Or,                                   198 = 2 ×  (Length + width)

Or,                                   \frac{198}{2} = length + width

So, length + width = 99 unit

Now to make area maximum

Length × width = maximum

Or, (99 - width ) × width = maximum

      99 Width - width² = maximum                              Let width = W

Now differentiate both side with respect to W

D(99W - W²)\frac{D(99w - w^2)}{Dw} = 0         as, constant diff is 0

So, 99 - 2w = 0

Or, w = \frac{99}{2}

Or, w = 49.5 unit    and L = 99- 4905 = 49.5 unit      Answer

3 0
3 years ago
on january 1,1999,the price of gasoline was$1.39 per gallon .if the price of gasoline increased by 0.5%per month ,what was the w
arlik [135]
P(t)=1.39.(1.005)^t \ \ \ \ where t \ is \ time \ in \ months\\
\\
P(1)=1.39.(1.005)^1\\
\\
P(1)=1.39*1.005\\
\\
P(1)=\$ \ 1.40
4 0
4 years ago
In a class, every student knows French or German (or both). 15 students know French, and 17 students know German.
vazorg [7]
If you apply the or both
Only 1 of the students would need to know the "or both", therefore maximizing the remaining amount of students you can put in.

Gerald, let's call him, knows French AND German, so there's only one less student that knows french and german. Gerald is 1 student.

MAXIMUM:
There are now 14 monolinguistic French speakers and 16 monolinguistic German's, 30 students + Gerald=31.

Minimum:
As a bonus, the minimum is 15 students knowing french AND German and only 2 monolinguistic German speakers, so 17.
8 0
3 years ago
Read 2 more answers
8. The difference between two numbers is 14. If 1/3of the larger number is subtracted from the smaller number, the
Serjik [45]

Answer:

The values of the 2 numbers whose sum is 13 and difference is 3, are: {8 ; 5}.

Step-by-step explanation:

7 0
3 years ago
Other questions:
  • Mr.Adams had 24 guests at his house for a party. Each guest brought one item. 1/3 of the guests brought drinks. 1/4 of the guest
    5·2 answers
  • Write an algebraic expression for the word phrase six times a lenght w?
    13·1 answer
  • Is the answer 104????? like i multiplied 26 four times but idk if that's what you're supposed to do​
    15·1 answer
  • How to Prove that the base angles of an isosceles triangle are congruent?.
    12·1 answer
  • 5270÷312 with remainder​
    12·2 answers
  • A function is represented by the graph.
    9·1 answer
  • Which table of ordered pairs represents a proportional relationship?
    11·2 answers
  • Which expressions are equivalent to 7(-3/4 x - 3)? Select 2 options.
    14·2 answers
  • Find the domain and the range of the given relation {(-1,-5),(-3,0),(9,1),(1,9)}
    6·1 answer
  • Simplify completely.<br> 3 189x5y7<br> √/7x²y²<br> 3
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!