1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yuradex [85]
3 years ago
7

Ann and Tom want to establish a fund for their​ grandson's college education. What lump sum must they deposit at an 8.2​% annual

interest​ rate, compounded annually, in order to have ​$20,000 in the fund at the end of 15​years?
Mathematics
2 answers:
GaryK [48]3 years ago
7 0
Compound interest formula = a=P(1+r/n)^nt

P= lump sum to deposit (solving for)

A= amount accumulated over the entire time (20000)

n= number of times interest is compounded annually (1)

r= rate of interest (0.82)

T= total number of years (15)

20000=P(1+0.082/1)^1*15

20000=P(1.082)^15
20000=P(3.26143638)
20000/3.26143638=P
P=$6132.2674
dybincka [34]3 years ago
5 0
Compound interest formula = a=P(1+r/n)^nt

P= lump sum to deposit (solving for)

A= amount accumulated over the entire time (20000)

n= number of times interest is compounded annually (1)

r= rate of interest (0.82)

T= total number of years (15)

20000=P(1+0.082/1)^1*15

20000=P(1.082)^15
20000=P(3.26143638)
20000/3.26143638=P
P=$6132.2674
You might be interested in
Solve the following equation for 0° ≤ θ < 360°. Use the "^" key on the keyboard to indicate an exponent. For example, sin2x w
Margarita [4]

Answer: 2sin^2x+sin2x+cos2x=0 ..... (1).

By using the trigonometric identities below :

sin2x=2sinxcosx

cos2x=cos^2x-sin^2x

We substitute the trigonometric identities into (1).

2sin^2x+2sinxcosx+cos^2x-sin^2x=0

By combining like terms .

sin^2x+2sinxcosx+cos^2x=0.....(2)

The equation (2) is equivalent to the following expression (3).

(sinx+cosx)(sinx+cosx)=0 .....(3).

sinx+cosx=0

cosx=-sinx

divide both sides by cosx

1=-sinx/cosx

-1=sinx/cosx

sinx/cosx=tanx

substitute

-1=tanx

tanx=-1

tangent is negative in 2nd and 4th quadrants

tan135º=-1 (one answer)

tan315º=-1 (second answer)

Step-by-step explanation:

Please refer to the trigonometric identities used and explained above .

5 0
3 years ago
How many sets of three consecutive integers are there in which the sum of the three integers equals their product?
skad [1K]

Answer:

3

Step-by-step explanation:

since the 3 integers are consecutive, we are dealing with x, x+1, x+2.

and their sum is the same as their product :

x + (x + 1) + (x + 2) = x(x + 1)(x + 2)

3x + 3 = x(x² + 3x + 2) = x³ + 3x² + 2x

x³ + 3x² - x - 3 = 0

this is a polynomial of third degree.

and as such it has 3 solutions.

of course, it could be that some of them are the same or are even in the realm of complex numbers (i = sqrt(-1)), but usually these 3 solutions are different real numbers.

I tried x=1 just to see, and, hey, it is a solution for this equation.

x = 1 means that the other 2 consecutive integers are 2 and 3.

and indeed, 1+2+3 = 1×2×3 = 6.

now it is easier to find the other 2 solutions, as a zero solution can be expressed as a factor of the whole expression.

for x = 1 the factor term is (x - 1), as this term is then turning 0, when x = 1.

I can divide the main expression by this factor and then analyze the quotient about the other 2 solutions.

x³ + 3x² - x - 3 : x - 1 = x² + 4x + 3

- x³ - x²

----------------

0 4x² - x

- 4x² - 4x

-----------------------

0 + 3x - 3

- 3x - 3

---------------------------

0 0

so, the original expression can be written as

(x² + 4x + 3)(x - 1).

now we need to find the 2 zero solutions for x²+4x+3

the general solution to a quadratic equation is

x = (-b ± sqrt(b² - 4ac))/(2a)

in our case

a = 1

b = 4

c = 3

so,

x = (-4 ± sqrt(4² - 4×1×3))/(2×1) =

= (-4 ± sqrt(16 - 12))/2 = (-4 ± sqrt(4))/2 =

= (-4 ± 2)/2 = -2 ± 1

x1 = -2 + 1 = -1

x2 = -2 - 1 = -3

so, we have the additional solutions :

-1 0 1

-3 -2 -1

-1 + 0 + 1 = -1×0×1 = 0

-3 + -2 + -1 = -3×-2×-1 = -6

and there we have it fully proven :

there are 3 different sets of 3 consecutive integers with the same sum as product.

4 0
2 years ago
Help<br> Please thanks!!!!
expeople1 [14]
6 i believe but im not sure
5 0
3 years ago
I JUST DOD THE IMPOSSIBLE AND SOLVED A RUBIX CUBE IN 19 MOVES
hammer [34]

Answer: see what you gotta do is/right/left/up/turn left/ down/up/down/down/ right up/ 2nd row turn left/ then do it all over again in you got it

Step-by-step explanation:

/right/left/up/turn left/ down/up/down/down/ right up/ ALSO CAN I BRAINLIEST IF I HELPED.

3 0
2 years ago
Nothing I find in my notes or online doesn't show me how to solve this. I know how to set it up, but brainly ain't letting me su
Anon25 [30]

Answer:

x=8

Step-by-step explanation:

Draw it out.... 11x-4=3x+60

(add 4 to both sides)(subtract 3x from both sides)

8x=64

(divide 8 from 64)

x=8

8 0
3 years ago
Other questions:
  • Pls help me with my maths
    5·2 answers
  • For what value of x does 34x=27x-3
    11·1 answer
  • Points B and C lie on a circle with center O and radius r = 5 units. If the length of BC is 10.91 units, what is m∠BOC in radian
    9·2 answers
  • Please help. i will give brainliest. please just give it a try ur geuss is as good as mine
    10·2 answers
  • What is the value of the expression - x [ 6 + ( 4 x 2 ) ] - 5
    5·1 answer
  • PLEASE HELP!!
    9·2 answers
  • I think the answer to this problem is 11.2 but can somebody double check me real quick.
    14·2 answers
  • The following table shows the salary of 7 people in an office last year. Name Income Andy £9500 Bevan £30000 Cheryl £11250 Deva
    11·1 answer
  • On the provided graph, plot the points where the following function crosses the x-axis and the y-axis.g(x)=-5^(2)+5
    12·1 answer
  • Which of the following is equivalent to the radical expression below when
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!