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Hunter-Best [27]
3 years ago
10

Jorgen Grace made deposits of $250 at the end of each year for 12 years. The rate received was 6% annually. What is the value of

the investment after 12 years?
Mathematics
1 answer:
PSYCHO15rus [73]3 years ago
3 0
<span>Deposits made is $250, it is called Present value P = 250 Rate of interest r = 6% = 0.06 Time n = 12 years, 12 payments Investment value after n years FV = FV = P *(1+r) *(((1+r) ^ n) – 1)/r FV = 250 * (1 + 0.06) * (((1 + 0.06)^12) - 1)/0.06 FV = 250 * 1.06 * (((1.06)^12) - 1)/0.06 => FV = 250 * 1.06 * (2.012 - 1)/0.06 FV = 250 * 1.06 * 1.012/0.06 => FV = 250 * 1.06 * 16.87 FV = 250 * 17.88 => FV = 4470.5 So the final value of investment after 12 years is $4470.5.</span>
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Answer:

π radians

Step-by-step explanation:

The arc cos(- 1) in degrees is 180° and 180° = π radians

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4 years ago
How can I fiure out markup from a price and a percent? (So if i have $1.50 and I need 20% more how do I do that)
Ede4ka [16]
1.50 + (1.50 * (20%)) = 1.8
7 0
3 years ago
I need help on this question plz
soldi70 [24.7K]

Cylinders are 3D figures, as they are solids with volume and take up space.

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8 0
3 years ago
Sarah has 284 coins in a piggy bank with a total value of $22.78. Sarah has 173 pennies, 5 more dimes than nickels, the rest are
pickupchik [31]
Let P = number of coins of pennies (1 penny = 1 cent)
Let N = number of coins of nickels (1 nickel = 5 cents)
Let D = number of coins of dimes (1 dime = 10 cents)
Let Q = number of coins of quarters (1 quarter = 25 cents)

a) P + N + D + Q = 284 coins, but P = 173 coins, then:
173 + N + D + Q =284 coins
(1)  N + D + Q = 111 coins

b) D = N + 5 OR D - N =5 coins
(2) D - N = 5 coins

c) Let's find the VALUE in CENTS of (1) that is N + D + Q = 111 coins
5N + 10D + 25 Q = 2,278 - 173 (1 PENNY)
(3) 5N + 10D + 25Q = 2105 cents
Now we have 3 equation with 3 variables:

(1)  N + D + Q = 111 coins
(2) D - N = 5 coins
(3) 5N + 10D + 25Q = 2105 cents
Solving it gives:
17 coins N ( x 5 = 85 cents)
22 coins D ( x 10 = 220 cents)
72 coins D ( x 25 = 1,800 cents)
and 173 P,
proof:
that makes a total of 85+2201800+172 =2,278 c or $22.78




7 0
3 years ago
Huxian's father gives her $120 as her monthly allowance. a) If she spends an average of 5 dollars a day, find the amount on mone
abruzzese [7]

Answer:

3 days=  $105, 6 days= $90, 10 days= $70

Step-by-step explanation:

You can rewrite this equation as y=120-5x

x is the amount of days passed

plug in 3 for x and you get 15. 120-15=105

plug in 6 for x and you get 30. 120-30=90

plug in 10 for x you get 50. 120-50=70

Hope this helps!

:)

4 0
2 years ago
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