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
goblinko [34]
3 years ago
7

A company needs $5,400,000 in 14 years in order to expand their factory. How much should the company invest each week if the inv

estment earns a rate of 7.9% compounded weekly?
Mathematics
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer: the company should invest $12191 each week

Step-by-step explanation:

The amount that the company needs is $5,400,000

We would apply the periodic interest rate formula which is expressed as

P = a/[{(1+r)^n]-1}/{r(1+r)^n}]

Where

P represents the weekly payments.

a represents the amount that the company needs

r represents the rate.

n represents number of weekly payments. Therefore

a = 5,400000

There are 52 weeks in a year

r = 0.079/52 = 0.0015

n = 52 × 14 = 728

Therefore,

P = 5400000/[{(1+0.0015)^728]-1}/{0.0015(1+0.0015)^728}]

5400000/[{(1.0015)^728]-1}/{0.0015(1.0015)^728}]

P = 5400000/{2.98 -1}/[0.0015(2.98)]

P = 5400000/(1.98/0.00447)

P = 5400000/442.95

P = $12191

You might be interested in
What is 2+2+2-2+4-8?
bogdanovich [222]

Answer:

Answer- 0

Step-by-step explanation:

2+2+2-2+4-8= 4-2+4-8=0

hope this helps :)

3 0
3 years ago
Read 2 more answers
James bought a new TV. He made an initial payment of $40 to the store, and he
kobusy [5.1K]

Answer:

C   y  =  20x +40

Step-by-step explanation:

I think there is a typo in your question

monthly payment total   = 20 x

 total paid so far = 40 + 20x

y = 20x + 40

 

4 0
2 years ago
X + y = 3<br> 3x + 4y = 3<br> using substitution how would you get x and y?
laila [671]

Answer:

The solution is: (x, y) = (9, -7)

Step-by-step explanation:

Step 1: Solve one of the equations for either x = or y = . We will solve second equation for y.

x+y=3

y=3-x

Step 2: Substitute the solution from step 1 into the second equation.

3x+4(3-x)=5

Step 3: Solve this new equation.

3x+4(3-x)=5

3x+12-4x=3

-x+12=3

-x=3-12

x=9

Step 4: Solve for the second variable

y=3-x

y=3-9

y=-7

The solution is: (x, y) = (9, -7)

3 0
3 years ago
Answer quick 100 points
Volgvan

Answer:

A) three-fourths of a number plus two

Step-by-step explanation:

To find out what the answer is, we first need to translate the sentence into numbers, which will give us:

\frac{3}{4}x+2

We can see that we are multiplying an unknown number, x, by three fourths, so we know that we are taking three-fourths of a number, and we also know that we are then adding two. We are not dividing or subtracting, so we know it can't be  B or D. We also know that we are multiplying three-fourths by x, not two so we know that it can't be C. So our only option is A, So the correct answer is:

A) three-fourths of a number plus two

Hope this helps, please mark as brianliest

7 0
3 years ago
Read 2 more answers
Select the inequality that corresponds to the figure
Gnoma [55]

Answer:

Although the Line is included in the region, I will say the your answer is B and D

Step-by-step explanation:

The region shaded is below the Line graph, son we have a < sign, now, I can see the region including the Line graph, so I will say that the inequality should have the = sign, nevertheless no options include the =sign, so, if it is nothing missing, your answer should be:

y<x

3 0
3 years ago
Other questions:
  • How much does <br> 4 1/3-2/3
    9·1 answer
  • Please help me with this​
    15·1 answer
  • A civil engineer creates a scale model of a rectangular park. The model has a width of 8 cm and covers an area of 96 square cm.
    12·1 answer
  • Please help!! Geometry!! Will mark brainiliest
    13·1 answer
  • What is the slope of the line shown?? Please help i been stuck on this all day yesterday and now today..
    11·1 answer
  • I just don’t get it, please help me.
    15·1 answer
  • Who read more Jacob or Lilo
    7·2 answers
  • Santos is a lifeguard and spots a drowning child 50 meters along the shore and 60 meters from the shore to the child. Santos run
    6·1 answer
  • Enter the correct answer in the box.
    14·1 answer
  • Using this formula l=A 1/2 what is the length of one side of a square with an area of 1,936 square kilometers? (A is the area of
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!