Answer:
B hopefully this helps you with work
Answer:
$1,021,337.13
Step-by-step explanation:
The sum of present values of medical expenses is ...
30,000/1.05 +30,000(1.0513)/1.05^2 +30,000(1.0513^2)/1.05^3 +...
So, the series has an initial value of 30,000/1.05 and a common ratio of 1.0513/1.05. Its sum is given by ...
S = a(r^n -1)/(r -1)
where a = 30,000/1.05, n = 35, r = 1.0513/1.05.
Filling in these values and doing the arithmetic, we get ...
S = $1,021,337.13
You need an initial deposit of $1,021,337.13 to cover rising expenses for 35 years.
Given is the base area of a solid crate, B = 6 square meters.
Given is the height of the solid crate, H = 4 meters.
We know the formula for volume of any solid is given as follows :-
(Volume of the solid) = (Base area of the solid) x (Height of the solid).
Volume = B x H.
Volume = (6 square meters) x (4 meters).
Volume = 24 cubic meters.
Hence, the volume of the solid crate would be 24 cubic meters.
Answer:
give more than 5 points and maybe you'll get help
For this case we have a function of the form:
y = A * (b) ^ t
Where,
A: initial amount
b: growth rate
t: time
Substituting values we have:
y = 1000 * (3) ^ ((1/8) * t)
For 24 years we have:
y = 1000 * (3) ^ ((1/8) * 24)
y = 27000
Answer:
D) 27,000; exponential
