"<span>A company will need 40,000 in 6 years for a new addition. To meet the goal, the company deposits money into an account today that pays 4% annual intrest compund quarterly." Let's pretend that the instructions state, "Determine the amount of money that must be deposited upfront so that you will have $40,000 in 6 years."
Use the Compound Amount formula: A = P(1 + r/n)^(nt),
where P is the principal (the amount deposited upfront), r is the interest rate as a decimal fraction, n is the number of compounding periods, and t is the time in years.
Here, $40000 = P(1 + 0.04/4)^(4*6)
$40000
So the upfront $ needed is P = -------------------------
(1+0.01)^24
This comes out to $31502.65 (answer)</span>
2-5/q=16
-5/q =2=16
(-5)+qx2/q=16
q=-5/14
Answer:
Step-by-step explanation:
Fred bought 4 liters of liquid laundry detergent, 3,260 milliliters of fabric softener, and 2.5 liters of bleach.
We carry out conversion
Select true or false for each statement. Fred bought 76 milliliters more fabric softener than bleach. False Fred bought 1.75 liters more laundry detergent than bleach. False Fred bought 760 milliliters more fabric softener than bleach. False Fred bought 150 milliliters more laundry detergent than bleach. ? Fred bought 0.76 liters more fabric softener than bleach.
Answer:
Choice D.) 434,500
Step-by-step explanation:
What is 4.345 x 10^5 in standard form?
4.345 x 10^5 = 4.345 * 100,000
multiply it out:
4.345 x 10^5 = 434,500
See the attached picture:
to the nearest tenth = 9.2