22.63 rounded to the nearest whole number

Kathryn deposits 100 into an account at the beggining of each 4 year period for 40 years. The account credits interest at an eff

OleMash [197]

Answer:

6194.84

Step-by-step explanation:

Using the formula for calculating accumulated annuity amount

F = P × ([1 + I]^N - 1 )/I

Where P is the payment amount. I is equal to the interest (discount) rate and N number of duration

For 40 years,

X = 100[(1 + i)^40 + (1 + i)^36 + · · ·+ (1 + i)^4]

=[100 × (1+i)^4 × (1 - (1 + i)^40]/1 − (1 + i)^4

For 20 years,

Y = A(20) = 100[(1+i)^20+(1+i)^16+· · ·+(1+i)^4]

Using X = 5Y (5 times the accumulated amount in the account at the ned of 20 years) and using a difference of squares on the left side gives

1 + (1 + i)^20 = 5

so (1 + i)^20 = 4

so (1 + i)^4 = 4^0.2 = 1.319508

Hence X = [100 × (1 + i)^4 × (1 − (1 + i)^40)] / 1 − (1 + i)^4

= [100×1.3195×(1−4^2)] / 1−1.3195

X = 6194.84

4 0

3 years ago

Read 2 more answers

Compare the theoretical probability to the experimental probability of landing on H.

cestrela7 [59]

The correct statement comparing the theoretical and experimental probabilities is given as follows:

$\frac{1}{4} < \frac{7}{25}$ .

<h3>What is a probability?</h3>

A probability is given by the <u>number of desired outcomes divided by the number of total outcomes</u>.

The theoretical probability is taken before any experiment. Since the four sections are equal, the theoretical probability is:

T(H) = 1/4.

The experimental probability is taken considering previous experiments. Out of 100 tosses, 28 landed on H, hence:

E(H) = 28/100 = 7/25.

Hence the correct statement is:

$\frac{1}{4} < \frac{7}{25}$ .

More can be learned about probabilities at brainly.com/question/14398287

#SPJ1

4 0

2 years ago

Which savings option is best for Vincent?

maria [59]

What’s the question? I don’t have enough info.

4 0

3 years ago

Read 2 more answers

Graph a right triangle with the two points forming the hypotenuse. Using the sides,

Ganezh [65]

Hdlslamsdheusknsbdhebajaks

3 0

3 years ago

what equation is solved by the graphed systems of equations? Two linear equations that intersect at the point negative 1, negati

alexgriva [62]

Answer:

1. The equation is solved by the graphed systems of equations is:

Third option: 7x + 3 = x − 3

2. The solution to the system is:

Fourth option: (3,-1)

3. The graph of the system y = −2x + 3 and 2x + 4y = 8 is:

Third option: Line through point (0, 3) and (1, 1). Line through (0, 2) and (4, 0).

4. The solution to the system is:

Second option: Infinite solutions.

5. Bill will have read the same amount of books as Mandy in:

Fourth option: December

Step-by-step explanation:

Question 1. What equation is solved by the graphed systems of equations?

Two linear equations that intersect at the point (-1, -4)=(x,y)→x=-1, y=-4

a. 7x + 3 = x + 3

Solving for x: Grouping the x's on the left side of the equation: Subtracting x both sides of the equation:

7x+3-x=x+3-x

6x+3=3

Subtracting 3 both sides of the equation:

6x+3-3=3-3

6x=0

Dividing both sides of the equation by 6:

6x/6=0/6

Dividing:

x=0 different to the intersection at x=-1, then this is not the equation.

b. 7x − 3 = x − 3

Solving for x: Grouping the x's on the left side of the equation: Subtracting x both sides of the equation:

7x-3-x=x-3-x

6x-3=-3

Adding 3 both sides of the equation:

6x-3+3=-3+3

6x=0

Dividing both sides of the equation by 6:

6x/6=0/6

Dividing:

x=0 different to the intersection at x=-1, then this is not the equation.

c. 7x + 3 = x − 3

Solving for x: Grouping the x's on the left side of the equation: Subtracting x both sides of the equation:

7x+3-x=x-3-x

6x+3=-3

Subtracting 3 both sides of the equation:

6x+3-3=-3-3

6x=-6

Dividing both sides of the equation by 6:

6x/6=-6/6

Dividing:

x=-1 equal to the intersection at x=-1, then this is the equation.

d. 7x − 3 = x + 3

Solving for x: Grouping the x's on the left side of the equation: Subtracting x both sides of the equation:

7x-3-x=x+3-x

6x-3=3

Adding 3 both sides of the equation:

6x-3+3=3+3

6x=6

Dividing both sides of the equation by 6:

6x/6=6/6

Dividing:

x=1 different to the intersection at x=-1, then this is not the equation.

Question 2 (Multiple Choice Worth 2 points) (06.03) Solve the system 2x + 3y = 3 and 3x − 2y = 11 by using graph paper or graphing technology. What is the solution to the system?

The solution to the system is (3, -1) Fourth option

Please, see the attached graph.

Question 3 (Multiple Choice Worth 2 points) (06.03) What is the graph of the system y = −2x + 3 and 2x + 4y = 8?

Third option: Line through point (0, 3) and (1, 1). Line through (0, 2) and (4, 0).

Please, see the attached graph.

Question 4 (Multiple Choice Worth 2 points) (06.03) Solve the system y = 3x + 2 and 3y = 9x + 6 by using graph paper or graphing technology. What is the solution to the system?

Second option: Infinite solutions.

Please, see the attached graph.

Question 5 (Multiple Choice Worth 2 points) (06.03) At the end of April, Mandy told Bill that she has read 16 books this year and reads 2 books each month. Bill wants to catch up to Mandy. He tracks his book reading with a table on his door. Using his table below, what month will Bill have read the same amount of books as Mandy?

Bill

Month Books

May 4

June 8

July 12

August 16

September 20

October 24

November 28

December 32

Books read by Mandy: y=16+2x

Numbers of months since april: x

May: x=1→y=16+2(1)=16+2→y=18 different to 4 (books read by Bill)

June: x=2→y=16+2(2)=16+4→y=20 different to 8 (books read by Bill)

July: x=3→y=16+2(3)=16+6→y=22 different to 12 (books read by Bill)

September: x=5→y=16+2(5)=16+10→y=26 different to 20 (books read by Bill)

October: x=6→y=16+2(6)=16+12→y=28 different to 24 (books read by Bill)

November: x=7→y=16+2(7)=16+14→y=30 different to 28 (books read by Bill)

December: x=8→y=16+2(8)=16+16→y=32 equal to 32 (books read by Bill)

Answer. Fourth option: December

4 0

3 years ago