<u>Answer-</u>
<em>The amount will be </em><em>$8944.62</em><em> after 5 years.</em>
<u>Solution-</u>
We know that,
![\text{FV of annuity}=P[\dfrac{(1+r)^n-1}{r}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3DP%5B%5Cdfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5D)
Where,
P = Payment = $50 monthly
r = rate of interest compounded monthly= 
n = number of period = 5 years = 5×12 = 60 months
Putting the values in the formula,
![\text{FV of annuity}=50[\dfrac{(1+0.0325)^{60}-1}{0.0325}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3D50%5B%5Cdfrac%7B%281%2B0.0325%29%5E%7B60%7D-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{(1.0325)^{60}-1}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B%281.0325%29%5E%7B60%7D-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{6.8140-1}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B6.8140-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{5.8140}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B5.8140%7D%7B0.0325%7D%5D)
Therefore, the amount will be $8944.62 after 5 years.
Answer:
f(x) = - 4x² + 24x - 20
Step-by-step explanation:
Given
f(x) = - 4(x - 3)² + 16 ← expand the factor using FOIL
= - 4(x² - 6x + 9) + 16 ← distribute parenthesis by - 4
= - 4x² + 24x - 36 + 16 ← collect like terms
= - 4x² + 24x - 20
Answer: 18 c
Step-by-step explanation: since they have the same variables you can easily just add them together
Answer:
a. 9 weeks
Step-by-step explanation:
$51.75÷$5.75= 9 weeks
She will have to save 9 weeks to be able to afford the camera.
Answer:
A score of 117 is needed, which Is not possible since the test is over 100.
Step-by-step explanation:
The other 3 scores are 85, 94,84 . Let's x be the 4th score he must score.
Therefore ( 85 + 94 + 84 + X)/4 =95
Then 263+X /4 =95
Cross mutiplying 4*95=263+X
Therefore X= 380-263
X= 117 which is not possible since the test score is over 100.
