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
mrs_skeptik [129]
2 years ago
9

If you need $3,000 four years from now, how much would you need to deposit into an account that earns 5% interest, compounded an

nually? $_____
Mathematics
1 answer:
Aleks04 [339]2 years ago
6 0

Answer:

2468.11 dollars

Step-by-step explanation:

Amount that should be available after four years =3000 $

Interest rate = 5%

No of years =4

Let P be the principal invested

Then 3000=P(1+0.05)^4\\P=3000(1.05)^{-4} \\=2468.11

Hence 2468.11 dollars should be deposited to get 3000 dollars after 4 years at 5% interest.

You might be interested in
Evan and Eileen Carter are husband and wife and file a joint return for 2019. Both are under 65 years of age. They provide more
S_A_V [24]

Answer:

The correct answer is b) four.

Step-by-step explanation:

Evan and Eileen Carter must submit a separate statement as dictated by the requirements for the claim.

In the case of the daughter, she no longer meets the requirement of a qualified child because she is over 24 years old; but qualifies as an eligible relative, and also, the income of her scholarship is not enough, so she needs the help of her parents to cover her expenses.

The couple also provides support in all expenses of Evan's                    great-grandmother; although Belinda lives in an asylum, the Carter can claim the exemption since, for qualified relatives, they do not ask as a mandatory requirement that they live in the same place.

And finally, Peggy cannot request an exemption since she is not a qualified relative, so she does not fall within the exceptions to claim, even if she lives in Evan and Eileen Carter´s house.

Therefore, the Carter can claim four dependency exemptions, one for each person that are Evan, Eileen, Pamela, and Belinda.

<em />

<em>I hope this information can help you.</em>

7 0
3 years ago
Please help me idk this
KiRa [710]

Answer:

x=128

Step-by-step explanation:

x and 52 are supplementary, so they add up to 180°

x+52=180\\x=128

6 0
3 years ago
Read 2 more answers
What are some characteristics for simplest form  
givi [52]
Ex. 9 divided by 3=3 because 3x3=9
7 0
2 years ago
Six over ten &gt;_______&gt; one over two
Vinvika [58]
Six over ten over one over two is 0.3
5 0
3 years ago
Find the total surface area of this cone, leaving your answer in terms of pi
salantis [7]

Answer:

Surface area = 70π cm²

Step-by-step explanation:

Surface area = πr² + πrl

Surface area = (π × 5 × 5) + (π × 5 × 9)

Surface area = (25π) + (45π)

Surface area = 70π cm²

6 0
2 years ago
Read 2 more answers
Other questions:
  • if a clocks second hand is 7 in. long , how many feet does it travel in 24 hr? how many miles does it travel?
    12·1 answer
  • Use the confidence level and sample data to find the margin of error E. Round your answer to the same number of decimal places a
    14·1 answer
  • What does 8 3/4 equal to as a improper fraction
    6·1 answer
  • Which of the following is the weight of the cargo in a truck if 1/3 of the weight is 516 Ibs?
    14·1 answer
  • How many lines of symmetry does this figure have?
    5·2 answers
  • Find the slope and y-intercept of 5x-y=-5
    6·1 answer
  • Ahmad wants to practice free-throws. He estimates the distance from the free-throw Line to the hoop and marks it with chalk. Ahm
    5·2 answers
  • Tony's class needs more than $500 for the school dance.
    7·2 answers
  • Find the point of intersection of the lines in the figure, given that line A, in red, has equation y=x+3 and line B, in blue, ha
    8·1 answer
  • Please help will mark brainiest
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!