Answer: She could have the same future value and invest less than $2,000 initially if she could earn more than 64.5 percent interest.
Step-by-step explanation:
Answer:
f(n) = 1750 + 70n
Step-by-step explanation:
Since, each of them are depositing 35$ each month, they are adding 35x2 = 70$ each month.
So, in n months, they will be adding 70n $ to their account.
Initially, they had 1,750$ in their account. After n months, they should have 1750+70n $ in their account.
So, the function that represents this is, f(n) = 1750 +70n
Answer:
Factor 3y23y2 out of 3y33y3.
3y2(y)−9y23y2(y)-9y2
Factor 3y23y2 out of −9y2-9y2.
3y2(y)+3y2(−3)3y2(y)+3y2(-3)
Factor 3y23y2 out of 3y2(y)+3y2(−3)3y2(y)+3y2(-3).
3y2(y−3)
Step-by-step explanation:
mark me the brainliest please
Amount of the mortgage after down payment is
160,000−160,000×0.2=128,000
Now use the formula of the present value of annuity ordinary to find the yearly payment
The formula is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 128000
PMT yearly payment?
R interest rate 0.085
N time 25 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT= 128,000÷((1−(1+0.085)^(
−25))÷(0.085))
=12,507.10 ....answer
Answer:
He can drive 481 miles if David rents his car for three days
Step-by-step explanation:
This is true because if you take the 24.95 and multiply it by 3, because he rented it for three days, you'll get 74.85. Then you'll subtract 200 (the total money that can be spent) by 74.85 you'll get 125.15. Divide the remaining number, 125.15 by 0.26 to get 481.34. Take the decimals away because you don't need it, if you want to be sure it's correct you can multiply 481 by 0.26 to get 125.05 which is lower than 125.15 so it good because if you use 482 besides 481 it will be higher than the amount of money David can spend, that's why 481 is the right answer.