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
11111nata11111 [884]
3 years ago
11

Alba is Saving for a big overseas trip she hopes to take her senior year in college , which is four years away . She plans to de

posit 10,000 at the end of each quarter in an account earning 8% annual interest , compounded quarterly . How much money will alba have for trip after 20 years ?
Mathematics
1 answer:
eimsori [14]3 years ago
6 0

Answer:

FV= $1,937,719.58

Step-by-step explanation:

Giving the following information:

Quarter deposit= $10,000

Number of periods= 20*4= 80

Interest rate? 0.08/4= 0.02

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= quarter deposit

FV= {10,000*[(1.02^80) - 1]} / 0.02

FV= $1,937,719.58

You might be interested in
Kelly has a rock garden with a length of 6 feet. She constructs a scale model of the rock garden using the
Annette [7]

Answer:

  • (a) 3 inches

  • (b)  Her scale model drawing will not fit on a piece of paper that is 8.5 inches by 7 inches because the dimensions are not proportional to the scale.

Explanation:

(a) What is the length of the garden in her model? Show your work, including your proportion

<u>1. Scale</u>:

  • model length / real length = 1 inch / 2 feet

<u>2. Proportion</u>:

Naming x the model length:

  • 1 inch / 2 feet = x / 6 feet

Cross multiply:

  • 1 inch × 6 feet = 2 feet × x

Divide both sides by x:

  • x = 1 inch × 6 feet / 2 feet = 3 inch.

Answer: 3 inches

(b) If the width is 5 inches for the scale model and the scale is still 1 inch to 2 feet, will her scale model drawing fit on a piece of paper that is 8.5 inches by 7 inches? Why or why not?​

Both the width and the length must use the same scale, thus the corresponding sides of the scale model and the drawing must be proportional.

In the model the ratio of the length to the width is 3 inch / 5 inch

In the paper the ratio of the length to the width is 8.5 inch / 7 inch

Hence, you can see that in the model the length (mumerator of the fraction) is less than the width (denominator) while in the paper it is the opposite. Bieng the two ratios different, they are not proportional, and you conclude that her scale model drawing will not fit on a piece of paper that is 8.5 inches by 7 inches.

8 0
3 years ago
Please help I don’t wanna add a bunch of points Bc nobody is helping me I’m just wasting them.
Ede4ka [16]

Answer:Cross multiply and solve for x.

x/6 = 5/1.25

let the height of building be h ft

h/6 = 60/15

h = 6(60/15) = 24

the building is 24 ft high

Step-by-step explanation:

Well first let’s covert the ft to in- 5ft is 60 in and 6ft is 72 in. Then we want to set up 2 fractions based on height and shadow, so we have 60/15=x/72 (we put x because that’s what we’re trying to find). Then we do cross multiplication so now we have 15x=4320. We divide 15, so now we have 4320/15=288. So the building is 288 in tall or 24ft tall! Glad to help! :)

3 0
2 years ago
2.
scZoUnD [109]

Inversely proportional : it is relationship between two variables in which when one variable's value is increasing than other one is decreasing.

Situation A : The number of miles Rashid drives increases over a period of 5 hours.

→ in this situation both variable no. of miles and period of time are increasing. so it is not represent a inversely proportional relationship.

in next two situation , two variables are increasing with each other.

so we take last situation ↓

Situation : Robin has $100 to share evenly with his cousins at the fair. As the number of cousins who arrive increases, the amount that each person receives

decreases.

→ in this situation , both variable viz no. of cousins and amount they got is inversely proportional to each other. when no. of cousins are increasing than amount is decreasing. so this last one situation represent the inversely proportional relationship.

thanks ❤

4 0
3 years ago
Joani has some stuffed animals. She has 2 times as many as Lily. Lily has 6 stuffed animals. Joanie gave 2 away and bought 4 mor
8090 [49]
We start with his golf balls. He has four, so three times that number is 12. He has 12 baseballs. If we subtract 5 from 12, we can find how many tennis balls he has. So, Wyatt has 7 tennis balls.
8 0
3 years ago
Read 2 more answers
True or False The image of a translation is always congruent to the pre-image.
posledela
True. The image of a translation is always congruent to the pre-image.

Proof: every point of the pre-image is move exactly the same distance and the same direction. That means that the shape stay the same but it is just located in a different place.

Hope this helps :)
8 0
3 years ago
Read 2 more answers
Other questions:
  • It is a 3 km hike to the river PJ walks for 500 m then he walks another 1050 m how
    13·1 answer
  • What is the greatest common factor of 42 and 63
    13·1 answer
  • Plz help ASAP!!!!!!!!!!! <br>WILL MARK BEAINLIST!
    15·1 answer
  • A point with a positive x-coordinate and a negative y-coordinate is reflected over y-axis. Which sentence describes the coordina
    5·2 answers
  • Solve the equation by using the quadratic formula.
    5·2 answers
  • Rachel types 162 words in 3 minutes how many words did rachel type pure minute
    11·1 answer
  • I reallly need help plss -m=5-plssss
    13·1 answer
  • Is point B a reflection across the x-axis of point C? Explain why or why not.
    10·1 answer
  • Use the figure to find the measures of the numbered angles. Explain your reasoning
    10·1 answer
  • Which if any of the points is a whole of F (X)?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!