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jenyasd209 [6]
3 years ago
9

You deposit 700$ in an account with an annual internet rate of 4% after 5 years

Mathematics
1 answer:
alex41 [277]3 years ago
6 0

Answer:

840

Step-by-step explanation:

Heres the easiest way to figure this out. You deposit $700 dollars into your account, correct? So, the annual interest rate is 4%. Take 700 dollars and multiply that by 4 percent. You get $28. So, EVERY. SINGLE. YEAR. you get 28$. So, multiply 28 by 5. Thats $140. Then, add 140 into 700, and you get 840.

Hope this helped!

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Beth is taking out a loan to purchase a new home. She is financing $50,000 for 25 years at an interest rate of 14.25%. What is h
kozerog [31]
The present value (PV) of a loan for n years at r% compounded t times a year where there is equal P periodic payments is given by:

PV=P\left( \frac{1-\left(1+ \frac{r}{t} \left)^{-nt}}{ \frac{r}{t} } \right)

Given that <span>Beth is taking out a loan of PV = $50,000 to purchase a new home for n = 25 years at an interest rate of r = 14.25%. Since she is making the payment monthly, t = 12.

Her monthly payment is given by:

50,000=P\left( \frac{1-\left(1+ \frac{0.1425}{12} \right)^{-25\times12}}{ \frac{0.1425}{12} } \right) \\  \\ =P\left( \frac{1-(1+0.011875)^{-300}}{ 0.011875 } \right)=P\left( \frac{1-(1.011875)^{-300}}{ 0.011875 } \right) \\  \\ =P\left( \frac{1-0.028969}{ 0.011875 } \right)=P\left( \frac{0.971031}{ 0.011875 } \right)=81.770994P \\  \\  \therefore P= \frac{50,000}{81.770994} =\$611.46

Therefore, her monthly payment is about $611.50
</span>
3 0
3 years ago
Darpana solved the equation s = StartFraction a + b + c Over 3 EndFraction for a. Her steps are shown below: 1. Multiply by 3: s
Harman [31]

Answer:

Option (c) is correct.

Step-by-step explanation:

Given equation is :

s=\dfrac{a+b+c}{3}

The equation can be solved for a as follows :

Step 1.

Cross multiply the given equation

3s=a+b+c

Step 2.

Now subtract b on both sides

3s-b = a+b+c-b

3s-b = a+c

Step 3.

Subtract c on both sides

3s-b-c=a+c-c

⇒ a=3s-b-c

The statement that is true for Darpana is " In step 3, she needed to subtract c rather than divide".

5 0
3 years ago
Read 2 more answers
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vagabundo [1.1K]

Answer:

the cyan one b is greater than or equal to -16

Step-by-step explanation:

okay so b is at least (at least being the keyword) -16, at least means that -16 is the minimum

hope this helps:)

4 0
3 years ago
HELPPOO PLEASE EASY POINTS !!
Molodets [167]

not an answer but I’m working on the same worksheet and if u wanna work on it together than u should add my discord: kuispe#1715

6 0
3 years ago
The hanger image represents a balanced equation (look at picture)
nekit [7.7K]

Answer:

A) 27 = b + 9

b=18

Step-by-step explanation:

When given a balanced scale (represented by a hanger in this image), the sum of the values on one side equals the value on the other side. Thus, the equation that this hanger represents is the following:

27 = b + 9

Use inverse operations to solve this equation,

27 = b + 9

-9

18 = b

3 0
3 years ago
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