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Y_Kistochka [10]
3 years ago
12

Money is invested into an account earning 4.25% interest compounded annually. If the accumulated value after 18 years will be $2

5,000, approximately how much money is presently in the account?
a.
$5,875
b.
$11,820
c.
$19,125
d.
$23,960
Mathematics
2 answers:
Lunna [17]3 years ago
7 0
We are given with the following:
Effective annual interest, i = 0.0425
Future worth, F = $25000
Number of years, n = 18

We use the formula to solve for the present worth of the money:
P = F / (1 + i)^n
P = 25000 / (1 + 0.0425)^18
P = 11818.73

The closest answer is:
<span>b.
$11,820</span>
yarga [219]3 years ago
5 0

Answer:

B. b. $11,820

Explanation:

I got the right answer on edge/e2020, and you need to

<u><em>STUDY ON YOUR MATH !!!</em></u>

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I am F years old and my brother is B years older. What is the sum of our ages? What will be the sum of our ages in three years?
dem82 [27]

a) The sum of your ages is F + (F+B) = 2F+B.

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8 0
3 years ago
You buy clothing at a sale. You buy sneakers at
FinnZ [79.3K]

Answer:

you spent all together 40.2+24.5+37.8=$102.50.

you saved 19.8+10.5+7.2=$37.50

\frac{102.50}{140}

Step-by-step explanation:

To find the amount we spend, we multiply the original price by the decimal conversion of each fraction. Then we add the amounts together.

Sneakers cost $60 and you bought them at 2/3=0.6666....

60(0.67)=$40.20 and saved $19.80

Sweater costs $35 and you bought it at 7/10=0.7

35(0.7)=$24.50 and saved $10.50

A jacket costs $45 and you bought it at 5/6=0.8333...

45(0.84)=$37.80 and saved $7.20

We spent all together 40.2+24.5+37.8=$102.50.

We saved 19.8+10.5+7.2=$37.50

We could of spent paying regular price 60+35+45=$140. To find the fraction we place the total we actually paid over the total regular price.

3 0
3 years ago
A woman walks due east on the deck of a ship at 4 mi/h. the ship is moving south at a speed of 24 mi/h. find the speed of the wo
grandymaker [24]

we are given

A woman walks due east on the deck of a ship at 4 mi/h.

the ship is moving south at a speed of 24 mi/h

so, firstly, we will draw diagram

so, we have

OW=4

OS=24

now, we can use Pythagoras theorem

SW^2=OS^2+OW^2

now, we can plug values

and we get

SW^2=24^2+4^2

SW=24.33

so,

the speed of the woman relative to the surface of the water is 24.33 mi/h .......Answer


6 0
3 years ago
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