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Masteriza [31]
3 years ago
12

I need help with math!!! time is running out!!! will mark brainliest!!!

Mathematics
1 answer:
faust18 [17]3 years ago
4 0
1.

Answer C.

2.

Answers B. and C.

3.

Answer B.

4.

Answer A.

5.

Answer A.
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Question 13
charle [14.2K]

The amount to be invested today so as to have $12,500 in 12 years is  $6,480.37.

The amount that would be in my account in 13 years is $44,707.37.

The amount I need to deposit now is $546.64.

<h3>How much should be invested today?</h3>

The amount to be invested today = future value / (1 + r)^nm

Where:

  • r = interest rate = 5.5 / 365 = 0.015%
  • m = number of compounding = 365
  • n = number of years  = 12

12500 / (1.00015)^(12 x 365) = $6,480.37

<h3>What is the future value of the account at the end of 13 years?</h3>

Future value = monthly deposits x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

  • r = interest rate = 5.3 / 12 = 0.44%
  • n = 13 x 12 = 156

200 x [{(1.0044^156) - 1} / 0.0044] = $44,707.37

<h3>What should be the monthly deposit?</h3>

Monthly deposit = future value / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

  • r = 6.7 / 12 = 0.56%
  • n = 2 x 12 = 24

$14,000 / [{(1.0056^24) - 1} / 0.0056] = $546.64

To learn more about annuities, please check: brainly.com/question/24108530

#SPJ1

4 0
2 years ago
Find the simple interest earned, to the nearest cent, for the principal, interest rate, and time.
myrzilka [38]

Answer:

dont speak english ....

6 0
3 years ago
Square root of -3<br><br> find the square root of -3
LenaWriter [7]

Answer:

finding the square root of a negative number is not possible

4 0
3 years ago
Read 2 more answers
What is the value of x. Please show work
HACTEHA [7]
It's x=7/99 or x=0.071
7 0
3 years ago
A librarian put 42 books back on the shelves before lunch. Of the books, 14 were non-fiction. What is the ratio of the number of
vivado [14]

Answer:

Non fiction : Total number of books

= 14 : 42

= 1:3

Step-by-step explanation:

Total number of books = 42 books

Non fiction books = 14 books

The ratio of the number of non-fiction books to the total number of books is :

Non fiction : Total number of books

= 14 : 42

Further simplified

= 1:3

5 0
3 years ago
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