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murzikaleks [220]
3 years ago
14

you find a mutual fund that offers approximately 7.5% APR compounded monthly you will invest enough each month to have 2000 at t

he end of the year how much will you have invested at the end of the first year ? asap please
Mathematics
2 answers:
Nastasia [14]3 years ago
6 0

Answer:

Assume you will invest fixed amount x at the starting of each month

S(12): (1.00625x)*(1.00625^(12)-1)/(1.00625-1) = 2000

x=160

you will invest fixed amount 160 at the starting of each month and get 2000 at the end of the year ,which compounded 7.5% monthly.

how much will you have invested at the end of the first year ?

160*12=1920


NARA [144]3 years ago
3 0

Answer:

if its on APEX and says 7% APR and $1000 dollars cash the answer is $968.28

Step-by-step explanation:

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Mariana [72]
Here's a good rhyming rule to keep in mind.

Zero to four, you get no more.

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With this rule you can see that there is a 5 at the end, therefor you should round up. Your number is 720.
8 0
3 years ago
Read 2 more answers
I need help for this question please!!!!
Arisa [49]

Answer:

a. 35 degrees

b. 145 degrees

Step-by-step explanation:

a. Since the two base angles of this triangle are congruent, we can conclude that the triangle is <em>isosceles, </em>which means that the two base angles and sides are congruent.

Now, knowing that information, we can subtract 110 from 180 (the sum of all interior angles in a triangle) and we get 70. But this isn't our answer. This is the sum of both base angles. Since the base angles are congruent, we can divide the 70 by 2 to get the measure of ONE base angle, which is 35 degrees.

b. There are two approaches to solve this problem. I have worked both out.

1) We can use the Exterior Angle Theorem, which states that the sum of the interior angles is equal to the exterior angle. We can add 110 to 35, so we get 145 degrees as the measure of <1.

2) The second approach is supplementary angles. Since we see that one of the base angles and <1 is on the same line, we can subtract 35 from 180 to find the measure of <1 to get 145 degrees.

Either way you use, you get the correct answer. Hope this helped!

6 0
3 years ago
Ronaldo can kick a soccer ball 35 meters per second which is about 80 mph. He kicked the ball from one end of the field to the o
professor190 [17]

Answer:

t=3.142sec

Step-by-step explanation:

From the question we are told that:

Speed of ball V=35m/s\approx 80 mph

Length of field l=110m

Generally the equation for Time taken t is mathematically given by

 t=m/V

 t=110/35

 t=3.142sec

 t \approx \frac{3.142}{60}

 t \approx 0.05hrs

Therefore it will take the ball to get from one end of the field to the other

t=3.142sec

3 0
2 years ago
HELP ASAP RN 10 POINTS AND BRAINLIEST TO WHOEVER DOES IT CORECTLY The cost to rent a bicycle at Freewheels is $10 plus an hourly
const2013 [10]

Answer:

Freewheels charges a $10 initial fee and $4 per hour.

that is the correct answer! hope this helped!  

6 0
2 years ago
Colby starts with 50 bacteria in his culture and the number of bacteria doubles every 2 hours, and Jaquan starts with 80 bacteri
Ymorist [56]
Given that x=number of days
To model the expressions we use the exponential growth given by:
y=a(b)^nx
where:
a=initial value
b=growth factor
n=24 hours
thus Colby's experiment will be:
y=50(2)^(1/2*24*x)
y=50(2)^(12x)
N/B we multiply by 24 so as to convert days into hours

b] <span>Jaquan's starts with 80 bacteria that double every 3 hours.
a=80, b=2
thus
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simplifying the above we get:
y=80(2)^(8x)</span>
4 0
3 years ago
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