The amount to be invested today so as to have $12,500 in 12 years is $6,480.37.
The amount that would be in my account in 13 years is $44,707.37.
The amount I need to deposit now is $546.64.
<h3>How much should be invested today?</h3>
The amount to be invested today = future value / (1 + r)^nm
Where:
- r = interest rate = 5.5 / 365 = 0.015%
- m = number of compounding = 365
- n = number of years = 12
12500 / (1.00015)^(12 x 365) = $6,480.37
<h3>What is the future value of the account at the end of 13 years?</h3>
Future value = monthly deposits x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5.3 / 12 = 0.44%
- n = 13 x 12 = 156
200 x [{(1.0044^156) - 1} / 0.0044] = $44,707.37
<h3>What should be the monthly deposit?</h3>
Monthly deposit = future value / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = 6.7 / 12 = 0.56%
- n = 2 x 12 = 24
$14,000 / [{(1.0056^24) - 1} / 0.0056] = $546.64
To learn more about annuities, please check: brainly.com/question/24108530
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1. n^2 -8n +16 = 25
Subtract 25 from both sides
n^2 - 8n + 16 - 25 = 0
Simplify
n^2 - 8n - 9 =0
Factor
(n-9)(n+1) = 0
Solve for n
n-9 = 0, n = 9
n+1 = 0, n = -1
Solution: 9,-1
2. C = b^2/25
Multiply both sides by 25:
25c = b^2
Take square root of both sides
b = +/-√25c
Simplify:
b = 5√C, -5√C
3. d = 16t^2 +12t
subtract d from both side:
16t^2 + 12t -d =0
Use quadratic formula to solve:
t = (3 +/-√(9-4d))/8
4. 5w^2 +10w =40
Subtract 40 from both side:
5w^2 + 10w -40 = 0
Factor:
5(w-2)(w+4)=0
Divide both sides by 5:
(w-2)(w+4)=0
Solve for w:
w-2 = 0, w = 2
w+4=0, w = -4
Solution: 2,-4
Answer:
Step-by-step explanation:
we know that
The standard equation of a horizontal parabola is equal to
where
(h,k) is the vertex
(h+p,k) is the focus
In this problem we have
(h,k)=(0,0) ----> vertex at origin
(h+p,k)=(-4,0)
so
h+p=-4
p=-4
substitute the values
Answer:
x=20
Step-by-step explanation:
30°-60°-90°Δ
a=10
b=20
c=10
x=b
x=20
Answer:
<h2>AAA postulate.</h2>
Step-by-step explanation:
Givens
- Angles KOM and LNM are congruent, because both are right.
- Angle LNM is common to both triangles.
If two internal angles of two triangles are congruent, then the third angle is also congruent.
Therefore, the similarity is proven by AAA postulate, which states that if we have three corresponding angles congruent, then those triangles are similar.
Remember that similarity is about proportion between sides and congruence between angles.
