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Varvara68 [4.7K]
4 years ago
14

Abby Mia wants to know how much must be deposited in her local bank today so that she will receive yearly payments of $18,000 fo

r 20 years at a current rate of 9% compounded annually.
Mathematics
1 answer:
aev [14]4 years ago
4 0
It's annuity problem
To solve your question use the formula of the present value of annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value?
PMT yearly payments 18000
R interest rate 0.09
N time 20 years
So
Pv=18,000×((1−(1+0.09)^(−20))÷(0.09))
pv=164,313.82
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3/4 of m into an algebraic expression
Jlenok [28]

<em>Answer:</em>

<em>Answer:3/4m</em>

<em>Step-by-step explanation:</em>

<em>Answer:3/4mStep-by-step explanation:the expression would be 3/4m because <u>of</u> means to multiply in math. you could also write it 3/4(m) because it means the same thing.</em>

4 0
3 years ago
Read 2 more answers
20 less than12 times a number is 64, what is the number
Genrish500 [490]

20  <  12  ⋅  <em>x</em>  =  64

This is somewhat of a false equation though, due to  the left side  "20"  is not less than the right side  "12 ", which means that the given statement is false.

So I switched it up and made the variable "12"

<u>12  <  20  ⋅  </u><u><em>x</em></u><u>  =  64 </u>

12x - 20 = 64

12x = 64 + 20

12x = 84

12x⁄12 = 84⁄12  

x = 7

____

I hope this helps, as always. I wish you the best of luck and have a nice day, friend..

3 0
3 years ago
Find the volume of these rctangular prisms length=6.4mm width=2.5mm hight=7mm<br> step by step pls
Soloha48 [4]

Answer:

The volume of this rectangular prism is 112mm.

Step-by-step explanation:

volume \:  =  \: length \times width \times height \\ v = 6.4mm \times 2.5mm \times 7mm \\ v = 112mm

4 0
2 years ago
Rick is on a bicycle trip. Every 444 days he bikes 230 \text{ km}230 km230, space, k, m.If Rick keeps this same pace for 161616
Katarina [22]
For this problem, we use the approach of ratio and proportion. Assuming that the given ratio of 444 days per 230 km is constant all throughout, we can determine the number of days or distance as long as one of the two is given. In this case, the solution is as follows:

444 days/230 km = 161616 days/distance
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4 0
3 years ago
3 18/15. which as a proper fration is
stepladder [879]

Answer:

You can't change 3 18/15 to an proper fraction

srry :(

Step-by-step explanation:


4 0
3 years ago
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