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TiliK225 [7]
3 years ago
14

Gracie owns a deferred annuity. The contract is tied to a market index, which was at 1000 when Gracie purchased the product and

reached 1250 five years later at the end of the contract's crediting term. The 25 percent index gain is the basis for the amount of interest credited to the contract. What kind of annuity does Gracie own?
Mathematics
1 answer:
pashok25 [27]3 years ago
6 0

Answer:

Point to point indexed annuity.

Step-by-step explanation:

An indexed annuity is linked to specific index performance. Point to point indexed annuity is the one which gives interest on the basis of index percentage change. The interest credit is calculated by taking the percentage change between the beginning and end points of the index.

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Mrs. Hwang is taking her vehicle to the shop to have the gas tank expanded by 10 gallons. Now, it costs her $42.56 to fill the t
harina [27]

Answer:

Proportion states that the two fractions or ratios are equal

As per the statement: Mrs. Hwang is taking her vehicle to the shop to have the gas tank expanded by 10 gallons. Now, it costs her $42.56 to fill the tank. Once the new tank is in, it will cost her $72.96

Let the tank size now be x

Since, the gas tank expanded by 10 gallons = x + 10

by definition of proportion ;

\frac{x}{42.56}=\frac{x+10}{72.96}

by cross multiply we get;

72.96x = 42.56(x+10)

using distributive property;a\cdot (b+c) =a\cdot b + a\cdot c

72.96x = 42.56x+425.6

Subtract 42.56x from both sides we get;

30.4x =425.6

Divide both sides by 30.4 we get;

x = 14

Therefore, the tank is her now is, 14 gallons


5 0
3 years ago
Read 2 more answers
Given: -1/4x > 4. Choose the solution set.
vampirchik [111]

Answer:

x < -16, none of the solution sets are correct for the given equation.

Step-by-step explanation:

-1/4x > 4, multiply both sides by -4, don't forget when you multiply or divide by a negative you have to flip the sign.

x < -16

none of the solution sets are correct for the given equation.

5 0
3 years ago
Kelly has read 5/6 of a book helen has read 9/12 of the same book who read more of the book?
kupik [55]

Answer:

Kelly has read more of the book

3 0
2 years ago
Wich graph is the result of the reflection f(x) =1/4(8)^x across the y axis and then across the x- axis
Snowcat [4.5K]

Answer:

I assume that the function is:

f(x) = \frac{1}{4}*8^x

Now let's describe the general transformations that we need to use in this problem.

Reflection across the x-axis:

For a general function f(x), a reflection across the x-axis is written as:

g(x) = -f(x)

Reflection across the y-axis:

For a general function f(x), a reflection across the y-axis is written as:

g(x) = f(-x)

Then a reflection across the y-axis, and then a reflection across the x-axis is just:

g(x) = -(f(-x)) = -f(-x)

In this case, we have:

f(x) = \frac{1}{4}*8^x

then:

g(x) = -f(-x) =  -\frac{1}{4}*8^{-x}

Now we can graph this, to get the graph you can see below:

6 0
3 years ago
In 15 years lisa will be four times as old as she is now. how old is she now
Eva8 [605]

Answer:

Lisa is 5 years old

Step-by-step explanation:

we can make an equation like

4x=15+x

X can represent Lisa’s current age

Now just solve for X

3x=15

x=5

And we can check

If Lisa is 5 years old now

In 15 years she would be 20

And 20 is 4 times as 5 which Is her current age

So Lisa is 5 years old now.

5 0
3 years ago
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