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
vlada-n [284]
3 years ago
14

You want to go to grad school 4 years from now, and you can save $5,000 per year, beginning one year from today. you plan to dep

osit the funds in a mutual fund which you expect to return 10% per year. under these conditions, how much will you have just after you make the 4th deposit, 4 years from now?
Mathematics
1 answer:
lara [203]3 years ago
8 0
The value of the final deposit is 5000. The value of the one a year previously is 5000*1.1 = 5500. The one previous to that has a value of 5000*1.1^2 = 6050. The first deposit has a value of 5000*1.1^3 = 6655.

The total value of the 4 deposits is
.. 6665 +6050 +5500 +5000 = 23,205

You will have $23,205 just after you make the 4th deposit.

_____
This is the sum of 4 terms of a geometric sequence with common ratio 1.1 and initial value 5000. That can be calculated as
.. a0*(r^n -1)/(r -1)
.. 5000*(1.1^4 -1)/(1.1 -1)
.. = 5000*4.641
.. = 23,205
You might be interested in
HURRY ITS TIMEDD <br> What is another name for &lt;1
Deffense [45]

Answer:

∠GEF

Step-by-step explanation:

The vertex is at E, meaning that it must be listed in the middle.

Therefore, the angle becomes ∠GEF.

6 0
4 years ago
A tornado traveled 260 miles in 4 hours. if the average rate at which the tornado is moving slows by 20%, how many miles will th
lianna [129]
Given that the tornado traveled 260 miles in 4 hours, its initial speed is 65 mi/h. Then, slowing by 20% every hour, the speed after 2 hours can be calculated through the equation,
                          speed = (65 mi/h) x (1-0.2)^2
                             speed = 41.6 mi/h
Thus, the speed of the tornado after 2 hours is approximately 41.6 mi/h. 
5 0
3 years ago
Read 2 more answers
Pls pls Pls pls Pls Pls help me pls pls pls pls pls pls ASAP pls pls pls Pls pls Pls pls Pls Pls help me pls pls pls pls pls pls
Mama L [17]

Answer:

it is already an equation

Step-by-step explanation:

8 0
3 years ago
For the given angle measure, find the measure of a supplementary angle and the measure of a complementary angle, if possible. If
8090 [49]

Answer:

A complementary angle is 63 degrees and supplementary angle is 153 degrees.

Step-by-step explanation:

Complementary angle:

A complementary angle adds up to 90 degrees, so you have to subtract 27 from 90.  90-27=63

Supplementary angle:

A supplementary angle adds up to 180 degrees, so you have to subtract 27 from 180. 180-27=153

6 0
3 years ago
Bianca is styling hair and makeup for the upcoming dance at her high school. She charges $51 for hair and $35 for makeup. Identi
Anestetic [448]
51h + 35m

Explanation:
For the first option, you can’t combine two different terms. Both would have to be represented by h or by m to put the two together.

On the second option, you wouldn’t multiply the two together either because in the problem, Bianca is doing hair AND makeup which is a keyword for adding.

The third and final option is the correct one because it’s leaving the two values separate and still adding them together.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Geometry question!!!!
    8·1 answer
  • Ellen has a bag with 3 red marbles and 2 blue marbles in it. She is going to randomly draw a marble from the bag 300 times, putt
    7·2 answers
  • A drawer is filled with 9 black shirts, 6 white shirts, and 5 gray shirts.
    10·1 answer
  • PLS ANSWER FAST ! 100 POINTS + BRAINLIEST IF CORRECT ! TSM
    5·2 answers
  • Juan works as a tutor for $12 an hour and as a waiter for $7 an hour. This month, he worked a combined total of 110 hours at his
    14·2 answers
  • What is 1sq ft x11ft
    14·1 answer
  • A point is rotating with uniform circular motion on a circle of radius r. Find v if r = 5 ft and the point rotates at 9 rpm.
    15·1 answer
  • Five cubic meters of copper has a mass of 44,800 kilograms. What is the density of copper?
    6·1 answer
  • Is this table linear or exponential what us the slope and what is the equation ?​
    14·1 answer
  • What is the slope of the line2y+x=-3. Write your answer in simplest form.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!