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
Y_Kistochka [10]
3 years ago
14

How much money would you need to deposit today at 5% annual interest compounded monthly to have $20000 in the account after 9 ye

ars?
Mathematics
2 answers:
mario62 [17]3 years ago
7 0
20000=p(1+0.05/12)^12*9
Solve for p
P=20,000÷(1+0.05÷12)^(12×9)
P=12,764.49
Nana76 [90]3 years ago
5 0
$12,764.49 because 9 yrs = 108 months
<span>5% annual = (5/12)% per month = 5/1200
</span><span>FV = PV*(1 + 5/1200)^108 = 20000
PV = 20000/(1 + 5/1200)^108
PV = $12,764.49</span>
You might be interested in
Evaluate the function f(x) =1/2 x + 3<br> ASAP
Salsk061 [2.6K]

Answer:5

Step-by-step explanation:

f(4)= ((1/2)*4)+3= 2+3=5

3 0
3 years ago
Match each table of data below with the most appropriate graph and briefly explain why it matches the data
Stells [14]

Answer:

Table a match with  Graph 3

Table b match with Graph 2

Table c match with Graph 4

Step-by-step explanation:

<u>Table a</u>

Time is plotted on x - axis and Temp on y axis

From table a we can see that the y values(temp) decrease with increasing time. The only graph that has a decreasing trend is Graph 3

<u>Table b</u>

Time plotted on x axis, cost on y axis

Looking at the values we see that they are almost linear except for 2 values  at x = 2 and 2.5 and at y = 5 and 5.3.

Ignoring values 2.5 and 5.3 we see a linear fit with a slope of 20. This means either graph 1 or graph 2

However, the graph passes through (0,0) and this is not a set of values in the table. That leaves graph 2

<u>Table c</u>

Months plotted on x axis and length of fetus on the y axis

We can see that the y values (the length) increases slowly at lower values of x(x=1 and x=2) and then increase rapidly at the mid values(x = 2 thru 6) and then slows  down  between months 6 and 9. Only Graph 4 fits this pattern

8 0
2 years ago
A company claims its washing machine produces 4000 joules of work output for every 3000 joules of work input. What would make yo
ycow [4]

Things that make me skeptical: No evidence is provided, the company also claims that its washing machine produces 4000 joules of output for ever 3000 joules of input, and there is no possible way of creating a joule output larger than the input, unless your using coils to increase electricity, but that's not what washing machines have inside of their machinery. Washing machines don't have mini Tesla coils inside their machinery!

I hope this helps!

5 0
3 years ago
Please help on the half circle one
yan [13]

Answer:

28.26

Step-by-step explanation:

Area of a circle is pi * radius squared

The diameter is 6, so the radius is 3

pi * 3^2 = 3.14 * 9 = 28.26

5 0
2 years ago
The dot on the number line represents which fraction?
Ad libitum [116K]

0 \times 8 = 0(2 \times 8 = 16)
4 0
3 years ago
Other questions:
  • PLEASEE HELP
    9·2 answers
  • I AM GIVING BRAINLIEST what is 98.870 rounded to the nearest tenth
    13·2 answers
  • The graph shows the distance Julian drives on a trip. What is Julian’s speed
    10·2 answers
  • <img src="https://tex.z-dn.net/?f=%20%5Csqrt%7Bx%2B10%7D%3D%20x-2%20" id="TexFormula1" title=" \sqrt{x+10}= x-2 " alt=" \sqrt{x+
    11·1 answer
  • Which description can be written as the expression<br> N/4-13
    6·2 answers
  • Whats the answer for 2x-3=-x+3? I also need to see the steps because Im lost and I dont understand how to get the answer.
    7·2 answers
  • A square garden is surrounded by a walkway of width X. If the area of the garden is 484 ft2 and the area covered by both the gar
    6·1 answer
  • Help ASAP PLEASE ………..
    8·1 answer
  • Plz help due tomorrow if correct ill give brailiest
    13·1 answer
  • Use the image to answer the question below.<br> Which equation best represents circle A?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!