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Mazyrski [523]
3 years ago
5

An investor wants to save money to purchase real estate. She buys an annuity with monthly payments that earn 5.6% interest, comp

ounded monthly. Payments
will be made at the end of each month, Find the total value of the annuity in 16 years if each monthly payment is $65.
Do not round any intermediate computations, and round your final answer to the nearest cent
Mathematics
1 answer:
Lena [83]3 years ago
6 0

Answer:

1040

Step-by-step explanation:

just took 65 and mutiply 65$

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Estimate for 290% of 40
sineoko [7]

Answer:

116

Step-by-step explanation:

290% as a decimal is 2.9. "Of" means multiply. You can now multiply 2.9 by 40 to get the answer 116.

4 0
2 years ago
Read 2 more answers
4. Ashley claims that if she triples the side length of a square (s), the area of the square will also be tripled. Do you agree?
stepladder [879]

<u>Answer</u><u> </u><u>:</u><u>-</u>

Let the side of the square measure a cm, thus, according to the question,

  • New length = 3(a cm)

We know that,

➭ Area ( Square ) = a²

Thus, the area of the square with normal length i.e. a cm, will be,

⤳ Area = a x a

⤳ Area = a²

Now, by taking the new length, the area will become,

⤳Area = 3a x 3a

⤳ Area = 9a²

Now,

We observe that, if we divide these, we get,

➤ 9a²/a²

( a² will get canceled since its common )

Thus, the ratio becomes,

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Thus, the area will increase by 9 times, and not 3.

Hence, Ashley's assumptions are wrong.

5 0
2 years ago
What is the value of x?<br> O 20<br> 0 35<br> O 60<br> O 70
soldi70 [24.7K]

Answer:20

Step-by-step explanation:

7 0
3 years ago
Identify the vertex of y = x2 + 4x + 5.
Xelga [282]
ANSWER

The vertex is (-2,1)

EXPLANATION

We want to find the vertex of

y = {x}^{2} + 4x + 5

We complete the square to obtain,

y = {x}^{2} + 4x + {(2})^{2} - {(2})^{2} + 5

The first three terms forms a perfect square trinomial.

y = {(x + 2})^{2} - 4 + 5

The vertex form is

y = {(x + 2})^{2} + 1


This equation is in the form;

y = a{(x -h})^{2} + k


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4 0
3 years ago
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Sophia wants to take out a loan of $6,000 with interest that compounds monthly. Use the formula A = P(1 + rn)n∗t to find which o
Naddika [18.5K]

Answer:

d

Step-by-step explanation:

FV = P (1 + r/m)^mn

FV = Future value  

P = Present value  

R = interest rate  

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m = number of compounding

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4 0
3 years ago
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