Answer:
Amount he must have in his account today is $5,617.92
Step-by-step explanation:
Data provided in the question:
Regular withdraw amount = $900
Average annual interest rate, i = 4% = 0.04
Time, n = 7 years
Now,
Present Value =
here,
C = Regular withdraw amount
Thus,
Present Value =
Present Value =
Present Value =
Present Value =
Present Value = 936 × 6.00205
or
Present Value = $5,617.92
Hence,
Amount he must have in his account today is $5,617.92
a. See attachment for the labelled diagram
b. Using the sine ratio, distance from the hot air to pond A is 5,038.9 m, while distance from the hot air to pond B is 6,287.1 m.
c. Distance between the two ponds is 1,263.5 m.
<h3>What is the Sine and Tangent Ratios?</h3>Sine ratio, is: sin ∅ = opposite side/hypotenuse length
Tangent ratio is: tan ∅ = opposite side/adjacent length.
a. The diagram with the appropriate labels is shown in the image attached below.
b. Use the sine ratio to find the distance from the hot air to pond A (CA) and to pond B (CB):
CA = hypotenuse
∅ = 10°
Opposite = 875 m
sin 10 = 875/CA
CA = 875/sin 10
CA ≈ 5,038.9 m (distance from the hot air to pond A)
CB = hypotenuse
∅ = 8°
Opposite = 875 m
sin 8 = 875/CB
CB = 875/sin 8
CB ≈ 6,287.1 m (distance from the hot air to pond B)
c. Distance between the two ponds, BA = BD + DA.
Apply the tangent ratio to find BD and DA
tan 8 = 875/BD
BD = 875/tan 8
BD = 6,225.9 m
tan 10 = 875/DA
DA = 875/tan 10
DA = 4,962.4 m
Distance between the two ponds = 6,225.9 - 4,962.4 = 1,263.5 m.
Learn more about the sine and tangent ratios on:
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