Answer:
$10,234.31
Step-by-step explanation:
A suitable financial calculator or spreadsheet can evaluate the future value function for you. It will tell you that $10,234.31 must be deposited today to have $13,000 in three years, when interest is 8% compounded monthly.
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You are solving for P:
13000 = P(1 +0.08/12)^(12×3)
P = 13000/(1 +0.08/12)^36 ≈ 10,234.31
Answer:
the distance of the Bird (B) from the plane (P) is = 10779 ft
Step-by-step explanation:
From the given information:
a diagrammatic representation is attached below for better understanding and solution to the question.
From the diagram;
Let the Bird (B) be represent as A
The plane (P) be represented by B
The observer be represented by O
and the tower T be represented by C
we will see that:
Also;
AO = BC = 7000
Let consider the trigonometry of triangle BAO
tan θ = opposite/adjacent
tan 33° = 7000/x
0.6494 = 7000/x
x = 7000/0.6494
x = 10779.18
x = 10779 ft ( to the nearest whole number)
Thus; the distance of the Bird (B) from the plane (P) is = 10779 ft
