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
Korvikt [17]
3 years ago
12

How much money would you need to deposit today at 7% annual interest

Mathematics
1 answer:
Monica [59]3 years ago
4 0

Answer:

$33,090.

Step-by-step explanation:

The formula is A = P( 1 + r/2)^2n so we have:

50,000 = P(1 + 0.07/2)^(6*2)

50000 = P * 1.035^12

P = 50000/ 1.035^12

= $33,090 to the nearest dollar.

You might be interested in
Answer and explanation?
bazaltina [42]
C!
One dollar = $1
And in a math equation is usually a decimal
56 cents is .56 because it’s not a whole new If you add them together you get $1.56 :) hope it helps
8 0
3 years ago
Not sure how to solve 2sinxcosx+cosx=0  Could you help?
kaheart [24]
2sinxcosx+cosx=0\\\\cosx(2sinx+1)=0\iff cosx=0\ \vee\ 2sinx+1=0\\\\cosx=0\ \vee\ 2sinx=-1\ /:2\\\\cosx=0\ \vee\ sinx=-\frac{1}{2}\\\\x=\frac{\pi}{2}+k\pi\ \vee\ x=-\frac{\pi}{6}+2k\pi\ \vee\ x=\frac{7\pi}{6}+2k\pi\ to\ k\in\mathbb{Z}
6 0
3 years ago
If he takes 6 shots, what is the probability that he will make at least 5 goals
Reika [66]
Do 5 divided by 6 to get your answer
6 0
3 years ago
Determine the type and number of solutions of x2+2x+3=0
erastova [34]

Solve the equation for x by finding a, b, and c of the quadratic then applying the quadratic formula.

x  =  −1  ±  i√2

There's no real solutions

7 0
3 years ago
What are the next two terms after 1, 4, 6, 24, 26
vlada-n [284]

Next two: 28 and 112

6 0
3 years ago
Other questions:
  • Roni and Allie are mowing the grass at the soccer field. Roni has a riding lawn mower and can mow the field in 30 minutes. Allie
    9·2 answers
  • What’s the correct answer
    10·1 answer
  • What is the initial term for the sequence<br> 36, 24, 16, ...?<br> ?
    13·1 answer
  • Which represents the solution(s) of the equation x^2= 289
    9·2 answers
  • How can I solve this system of equation with substitution u+6y=32 and u+3y=17
    8·2 answers
  • Construct a sample (with at least two different values in the set) of 3 measurements whose variance is negative. If this is not
    14·1 answer
  • A flying disc has a radius of
    14·1 answer
  • What is the equation, in point-slope form, of the line that has a slope of 6 and passes through the point (–1, –8)? a. y+8 = 6 (
    5·2 answers
  • Can someone please help me please
    7·1 answer
  • (10x-11) + (3x-2) + (3x+1) = 180
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!