1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marin [14]
2 years ago
8

Mathew knows that he will need to buy a new car in 4 years. The car will cost $15,000 by then. How much should he invest now at

10%, compounded quarterly, so that he will have enough to buy a new car?
Mathematics
2 answers:
vivado [14]2 years ago
8 0
So let's start with the cost of the car 

It would be 15,000 in 4 years. 

Now that we have that, we will now multiply 4 by 10%, which will equal 40.

Now, divide 40 by 15000 to get to 3750
Zinaida [17]2 years ago
5 0
Mathew should invest $10,104.37.

A = $15,000 future value



A = P(1 + r/4)^n



P = A/((1 + r/4)^n)



P = 15000/((1 + 0.10/4)^16)



P = $10,104.37

You might be interested in
Katie is playing a game using a 26-card deck that contains the black suits of the cards, which are 13 clubs and 13 spades. She c
Vladimir [108]

Answer:

The probability that Katie will draw a face card on her next turn is 3/13, or approximately 23%.

Step-by-step explanation:

In a regular deck, there are four suits (clubs, spades, hearts and diamonds).  Each suit has 13 cards that go from 2 - 10 plus the Ace, King, Queen and Jack.  Since Katie is playing using a 26-card deck of only two suits, then there are only two kings, two queens and two jacks in the entire deck.  In order to find probability, we form a fraction where the denominator is the total number of outcomes, in this case 26, and the numerator is the number of desired outcomes, in this case the total number of face cards in the deck - 6.  So, the probability that Katie will choose a face card on the next turn is 6/26, which simplifies to 3/13 in lowest terms.  

4 0
3 years ago
Read 2 more answers
fay makes necklaces to sell at a craft fairs she can make 18 necklaces in for 12 days.in simplest terms, at what rate does she m
wolverine [178]
(18 neclaces)/(12 days) = 1.5 necklaces/day

_____
Rate is generally expressed in terms of quantity per time period. ("Per" means "divided by" here.) So, to find the rate, you divide the quantity by the corresponding time period, as above. There are other sorts of rates, but this is perhaps the most common.
4 0
3 years ago
Bring the fraction: b/7a^2c to a denominator of 35a^3c^3
Rina8888 [55]

Answer:

5abc^2/35a^3c^3

Step-by-step explanation:

To bring the fraction: b/7a^2c to a denominator of 35a^3c^3, find the dividend when the 35a^3c^3 is divided by 7a^2c

=35a^3c^3/ 7a^2c

Recall that

a^x/a^y = a^x-y

Hence

35a^3c^3/ 7a^2c = 5a^3-2c^3-1

= 5ac^2

Now multiply the numerator and denominator by the result

b/7a^2c = (b * 5ac^2)/(7a^2c * 5ac^2)

Recall that

a^x * a^y = a^x+y

Hence

b/7a^2c = (b * 5ac^2)/(7a^2c * 5ac^2) = 5abc^2/35a^3c^3

7 0
2 years ago
(puc-sp) Certa mercadoria que custava r$ 12,50 teve um aumento, passando a custar r$14,50.A taxa de reajuste sobre o preço antig
natita [175]
<span>Im certeza as respostas onde é de R $ 2,00





</span>
6 0
2 years ago
Read 2 more answers
Can you solve it please and explain step by step how u got it ?????Please​
allochka39001 [22]

Answer:

m<7 = 61

Step-by-step explanation:

These angles (<7, and <8) are adjacent to each other (they are next to each other), therefore they are supplementary (add up to 180).

180 - 119 = m<7

4 0
2 years ago
Other questions:
  • The hypotenuse is the longest side of a right triangle and is always opposite the right angle. The other sides of the right tria
    15·1 answer
  • What is the measure of ∠F?
    12·2 answers
  • -8-x=x - 4x<br> Plis help me!!
    11·2 answers
  • 0.9 ÷ 0.12
    9·1 answer
  • Ed wants to buy a large bag of dog food for $41.00. If sales tax is 7%, how much tax will he have to pay.
    11·2 answers
  • HELP ILL GIVE 80 AND BRAINLIEST
    15·1 answer
  • Anaylze: 5 + 3g when g=7
    15·2 answers
  • Alan spent 3 hours building a model for his science project. This was 60% of the total time he spent on the project. How many ho
    10·2 answers
  • SOMEBODY PLEASE HELP ME! ILL CASHAPP YOU!
    15·2 answers
  • What is 2(3/4n+8=1/4n-12
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!