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Zanzabum
3 years ago
12

Coach Dan has decided to surprise the athletic

Mathematics
1 answer:
Alex_Xolod [135]3 years ago
4 0
Havabauwvwishe i582283 ):&: 83?gegsuabe s
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  Sarah Wiggum would like to make a single investment and have ​$1.7 million at the time of her retirement in 34 years. She has
vovangra [49]

Answer:

Sarah has to invest $502,958.58 today.

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

E = P*I*t

In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

After t years, the total amount of money is:

T = E + P

In this question:

t = 35, I = 0.07, T = 1700000

She has to invest P today.

T = E + P

1700000 = E + P

E = 1700000 - P

So

E = P*I*t

1700000 - P = P*0.07*34

3.38P = 1700000

P = \frac{1700000}{3.38}

P = 502958.58

Sarah has to invest $502,958.58 today.

8 0
3 years ago
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Vika [28.1K]
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3 years ago
What is 5 + 20? This is just if u need/want points.
rusak2 [61]

Answer:

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Step-by-step explanation:

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3 years ago
What is the surface area of this cuboid?<br> height: 5cm<br> length: 9cm<br> width: 4cm
bazaltina [42]

Answer:

180

Step-by-step explanation:

formulae=H×L×W so....5×9×4=180

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2 years ago
A day care program has an average daily expense of $75.00. The standard deviation is $5.00. The owner takes a sample of 64 bills
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