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]
3 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]3 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]3 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
The sum of two integers is 36 and their difference is 16. Find the integers
stich3 [128]

Answer:

27,9

Step-by-step explanation:

x + y =36

x - y = 16

27 + 9 = 36

27 - 9 = 16

4 0
3 years ago
Plz Help me Brainliest to whoever answers first
Anna11 [10]
16 I believe please mark BRAINLIEST
5 0
3 years ago
Please help me with this??
Ludmilka [50]

Answer:

c, d and f are rational numbers

Step-by-step explanation:

c) 3\sqrt{5}*2\sqrt{5}=3*2*\sqrt{5*5} = 3*2*5 = 30\\\\\\d)  \dfrac{3\sqrt{5}}{2\sqrt{5}}= \dfrac{3}{2}\\\\\\f)  \dfrac{2\sqrt{5}}{3\sqrt{5}}= \dfrac{2}{5}

6 0
2 years ago
Pete, a professional bowler, is unhappy with any game below 200. Over time, 80% of his games exceed this score. What is the prob
Aneli [31]

The probability that Pete exceeds 200 in at least 9 of his next 10 games is 0.268+0.1074 = 0.3754

<h3>What is Probability ?</h3>

Probability is defined as the likeliness of an event to happen.

It has a range of 0 to 1.

It is given that

Pete, a professional bowler, is unhappy with any game below 200

80% of his games exceed this score.

the probability that Pete exceeds 200 in at least 9 of his next 10 games is given by

P( 9/10 > 200) +P(10/10>200)

The binomial experiment consists of n trial out of it x is success.

P( x) = \dfrac{n!}{x!(n-x)!}p^x(1-p)^{n-x}

Here p = 0.8

For 9/10 matches

P( 9/10 > 200) = \dfrac{10!}{9!(10-9)!}0.8^9(1-0.8)^{10-9}\\\\ = {10}(0.8)^9(0.2)\\= 0.268

For (10/10 >200)

P( 10/10 > 200) = \dfrac{10!}{10!(10-10)!}0.8^{10} (1-0.8)^{10-10}\\\\ = {1!}(0.8)^{10}\\= 0.1074

Therefore the probability that Pete exceeds 200 in at least 9 of his next 10 games is 0.268+0.1074 = 0.3754.

To know more about Probability

brainly.com/question/11234923

#SPJ1

5 0
2 years ago
The scatter plot shows how the distance traveled by a train is related to the amount of fuel used. Which picture shows a reasona
g100num [7]

the answer is the first one


7 0
2 years ago
Read 2 more answers
Other questions:
  • one foot of water column produces a pressure of 0.433psi . a gauge at the bottom of a water tower reads 44 psi. how high is the
    5·1 answer
  • Convert 3400 milliliters to liters
    6·2 answers
  • HELP ME PLEASE ON THIS!!
    8·1 answer
  • What is the distance between point A -1,3 and point B -7,3
    11·2 answers
  • Can someone tell me how to do this ?
    15·1 answer
  • Help I don't understand this
    14·2 answers
  • HELP ME IF RIGHT ILL MARK YOU BRAINLIEST
    7·1 answer
  • Yep here we go again:
    14·1 answer
  • 16 E 0 47 ???????????​
    10·2 answers
  • The volume of a rectangular pyramid is 220 units^3
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!