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Arada [10]
3 years ago
15

I need an answer asap xoxo, anastasia

Mathematics
1 answer:
Lorico [155]3 years ago
6 0
The answer is 0.1 repeating (that is the one with the line over it) because you divide 5 by 45 and that is what u get
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Kym plans to deposit $100 in an account at the end of each month for the next five years so that she can take a trip. (a) If Kym
yaroslaw [1]

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

Monthly deposit= $100

Interest rate= 0.06/12= 0.005

Number of periods= 12*5= 60 months

<u>a)</u>

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {100*[(1.005^60) - 1]} / 0.005

FV= $6,977

b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

FV= 6,977 + {[100*(1.005^60)] - 100}

FV= 6,977 + 35

FV= $7,012

3 0
3 years ago
A bag with 6 marbles has 1 blue marble and 5 yellow marbles. A marble is chosen from the bag at random. What is the probability
almond37 [142]

Answer:

0% because there isn't Red marbles

7 0
2 years ago
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$500 at 4% for 3 years <br> :FIND THE INTEREST EARNED
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Answer:60$

Step-by-step explanation:

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There are 7/8 kilograms of salt in the kitchen. Mrs. Jackson used 2/15 of salt when preparing dinner . How much salt did she use
neonofarm [45]

so since Mrs Jackson used 2/15 of 7/8, the amount she used is simply their product.


\bf \stackrel{\textit{how much is }\frac{2}{15}\textit{ of }\frac{7}{8}?}{\cfrac{7}{8}\cdot \cfrac{2}{15}}\implies \cfrac{7}{15}\cdot \cfrac{2}{8}\implies \cfrac{7}{15}\cdot \cfrac{1}{4}\implies \cfrac{7}{60}

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Emily is buying a retirement home. The purchase price of the house is $114,500.00. She will put 15% down.
pentagon [3]
Her down payment will be
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3 years ago
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