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
SOVA2 [1]
3 years ago
5

How much would you need to invest on your 16th birthday at 3% per year, compounded quarterly, to have $750,000 by your 60th birt

hday? (TVM Solver)
Mathematics
1 answer:
ZanzabumX [31]3 years ago
8 0
A=p (1+r/k)^kn

A future value 750000
P present value ?
R interest rate 0.03
K compounded quarterly 4
N time 60-16=44 years

P=A/(1+r/k)^kn
P=750,000÷(1+0.03÷4)^(4×44)
p=201,340.72
You might be interested in
8,000 people try a shampoo. 16 people have a reaction. What percent of people have a reaction
Kitty [74]

if we divide 16 by 8000, we get 0.002

Times 0.002 with 100, and you will get your percent

0.002*100=0.2

16 is 0.2% of 8000

6 0
3 years ago
Read 2 more answers
Who can explain this
Sedbober [7]

length x with

8 cm X 33 cm


7 0
4 years ago
The answer is 13 because she will not have enough to make 14.
Ulleksa [173]

Answer:

ok??

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
The midpoint of EF is M (4,10) one endpoint is E (2,6). Find the coordinates of the of the other endpoints F.
matrenka [14]
Midpoint formula : (x1 + x2) / 2, (y1 + y2) / 2
(2,6)...x1 = 2 and y1 = 6
(x,y)...x2 = x and y2 = y
sub
(2 + x) / 2, (6 + y) / 2 = (4,10)

(2 + x) / 2 = 4
2 + x = 4 * 2
2 + x = 8
x = 8 - 2
x = 6

(6 + y)/2 = 10
6 + y = 10 * 2
6 + y = 20
y = 20 - 6
y = 14

so ur other endpoint is (6,14) <==
4 0
3 years ago
Read 2 more answers
I need help please.
Sever21 [200]

Answer:

-1/63 y^11

Step-by-step explanation:

= (-1/9 y^3)(1/7 y^8)

= -1/63 y^11

8 0
3 years ago
Other questions:
  • HELP MATH QUESTION GEOMETRY
    14·1 answer
  • Determine what type of decimal number each fraction converts to.
    10·2 answers
  • Kendra is determining the distance between the points (6, 8) and (2, –3). Her work is shown below. Step 1: d = StartRoot (6 minu
    11·1 answer
  • Mary and roberto bought identical backpacks at different stores. marys backpacks originally cost $65 and was discounted 25%. rob
    14·1 answer
  • What are the variables in the expression x+8-y?
    13·2 answers
  • "A day care program has an average daily expense of $75.00. The standard deviation is $5.00. The owner takes a sample of 64 bill
    9·2 answers
  • I need some help with this question, I got a different answer.
    14·1 answer
  • Seven more than twice a number is greater than negative eleven.
    10·2 answers
  • 10 4/5+ 8 3/4-6 1/2 simplest form
    13·1 answer
  • -6d - (c - d)^2 ; if c = 7 and d = 4
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!