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qaws [65]
3 years ago
9

Adair needs $21,150 to purchase a boat. How much money will you need to invest today in a savings account earning 3.2% interest,

compounded monthly, to have enough money to purchase the boat in seven years?
A- $14,418.54
B- $1500.43
C- $20,681.57
D- $16,910.56
Mathematics
1 answer:
emmasim [6.3K]3 years ago
8 0
A=x(1+r/n)^nt
21150=x(1+0.032/12)^84
21150=x(1+0.0026666)^84
21150=x(1.002666666)^84
21150=x(1.25069809)
21150/1.25069809=x
16910.56=x

Hope this helps!
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Mortality rate is 0.5 per 1000 habitant

the number of deaths have increased (from 210 to 250)

Step-by-step explanation:

Hello

Mortality rate is the number of deaths in a specific population,usually expressed in units of deaths per 1,000 individuals per year

Mortality\ rate\ (S)= \frac{(D)}{(P)} *10^{n} \\\\\\\\

where

S=Mortality rate

D=deaths

P= population

n= is a conversion form ,such as multiplying by  10^{3}=1000, to  get mortality rate per 1,000 individuals( we will use n=3)

step 1

asign

S=unknown

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step 2

Replace

S=\frac{250}{500000}*1000\\S=\ 0.5\ per\ 1000

Mortality rate is 0.5 per 1000 habitant

step 3

what if S=0.42

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D=unknown

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(S)= \frac{(D)}{(P)} *10^{n}\\\\isolatin D\\\\S*P=D*10^{n}\\ D=\frac{S*P}{10^{n} } \\\\and\ replacing\\\\D=\frac{(0.42)*(500000)}{10^{3} }\\\\ Deaths=210\\

the number of deaths have increased (from 210 to 250)

Have a great day

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