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qaws [65]
4 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]4 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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If P(A)=0.54 then what value of P(B) the event A and B are complementary event
aleksley [76]

Answer:

<em>P(B) = 0.46</em>

Step-by-step explanation:

<u>Probability</u>

The complementary event of a given event A is defined as "not A" or the event that A does not occur.

For example, if A is defined as 'getting a job', then the complement of A is 'not getting a job'.

Event A and its complementary event (call it B) must satisfy:

P(A) + P(B) = 1

If we know P(A)=0.54, then

P(B) = 1 - P(A)

P(B) = 1 - 0.54

P(B) = 0.46

7 0
3 years ago
"If you switch to the late shift, you will receive a 10% wage increase." Great! I make $12.00 per hour now, and that extra 10% w
maxonik [38]

Answer:

$13.20/hr

Step-by-step explanation:

A 10% wage increase would amount to 0.10($12) = $1.20.  Adding this increase to the starting rate $12/hr results in $13.20/ hr.

A faster way in which to do this is shown below:

Wages after a 10% increase = (1.10)($12/hr) = $13.20/hr

7 0
3 years ago
There are 40 grams of sugar in a 12 oz can of Dr Pepper. If your max intake of sugar permitted for the day is 25 grams, how much
Zarrin [17]

To answer this question, we can set up a proportion:

\frac{40g}{12oz} =\frac{25g}{x}

Then we cross multiply and solve for x:

40x=300

x=7.5oz

So you can drink 7.5 oz of the Dr. Pepper in one day.

6 0
4 years ago
Read 2 more answers
Two interior angles of a triangle each measure 34 what is the measure of the third interior angel?
Anestetic [448]
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6 0
3 years ago
What is the maximum value of the derivative of f(x)= 3x^2+x^3
son4ous [18]

Answer:

Maximum Value: ∞

General Formulas and Concepts:

<u>Calculus</u>

Basic Power Rule:

  • f(x) = cxⁿ
  • f’(x) = c·nxⁿ⁻¹

Step-by-step explanation:

<u>Step 1: Define</u>

f(x) = 3x² + x³

<u>Step 2: Find Derivative</u>

  1. Basic Power Rule:                    f'(x) = 2 · 3x²⁻¹ + 3 · x³⁻¹
  2. Simplify:                                    f'(x) = 6x + 3x²

<u>Step 3: Analyze</u>

We see that our derivative is the graph of some sort of parabola. The parabola would be opening upwards.

Therefore, the maximum value of the derivative would be ∞, as the parabola's output <em>y</em> infinitely increases.

5 0
3 years ago
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