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
pychu [463]
2 years ago
9

Find the future value of 575 at 5.5% compounded quarterly for 5 years. Round to the nearest cent

Mathematics
1 answer:
Readme [11.4K]2 years ago
4 0

Answer:

Future value = $755.61 ( to the nearest cent)

Step-by-step explanation:

The formula for calculating the future value of an invested amount compounded periodically for a number of years is given as:

FV = PV (1+\frac{r}{n} )^{n*t}

where:

FV = future value = ???

PV = present value = $575

r = interest rate in decimal = 5.5% = 0.055

n = number of compounding periods per year = quarterly = 4

t = time of investment = 5 years

∴ FV = 575 (1+\frac{0.055}{4} )^{4*5}

FV = 575 (1+0.01375)^{20}\\FV = 575 (1.01375 )^{20}\\FV = 575 * 1.3141\\FV = 755.607

∴ Future value = $755.61 ( to the nearest cent)

You might be interested in
If a right circular cone has radius 4 cm and slant height 5cm then what is its volume?​
lyudmila [28]

Answer:

V≈50.27cm³

Step-by-step explanation:

Using the formulas

V=πr2h

3

l=r2+h2

Solving forV

V=1

3πr2l2﹣r2=1

3·π·42·52﹣42≈50.26548cm³

6 0
2 years ago
Find the measure of the exterior angle.
PtichkaEL [24]

Answer:

1) 128°

2) 126°

3) 108°

<h2>Question one:</h2>

   The square in the corner means 90°. If you add the interior angles of any triangle together, you get 180. in this case, x is in exterior angle, so you subtract it from 180 to get the interior angle.  

38 + 90 + (180-x) = 180

38 + 90 + 180 - x = 180

38 + 90 + 180 - 180 - x = 0

38 + 90 + 180 - 180 = x

128 = x

<h2>Question two:</h2><h2></h2>

again, adding all the interior angles makes 180°. use this to make the equation.

3x + (5x-6) + 90 = 180

3x + 5x - 6 = 90

8x = 96

x = 12.

   x isn't the answer the question wants, however. if you look at the drawing, the angle that's supplementary to 5x-6 is the exterior angle. so,

180 - (5x-6) = the answer

180 - 5x + 6 = the answer

substitute x for 12

180 - 60 + 6 = the answer

126 = x

<h2>Question three</h2>

again, adding all the interior angles together makes 180°.

(a + 10) + 44 + (180-2a) = 180

a + 10 + 44 + 180 - 2a = 180

-a + 234 = 180

234 - 180 = a

54 = a

however, the question is looking for the exterior angle, not a. in this case, the exterior angle is 2a, so just multiply 54 by 2.

x = 108

8 0
3 years ago
You can work at most 20 hours next week. You need to earn at least $92 to cover your weekly expenses. Your dog-
kicyunya [14]

Answer:

x+y  ≤ 20

7.50x+6y ≥ 92

x = dog walking in hours

y = car washing in hours

3 0
3 years ago
2. Find the general relation of the equation cos3A+cos5A=0
mars1129 [50]
<h2>Answer:</h2>

A=\frac{\pi}{8}+\frac{n\pi}{4}or\ A=\frac{\pi}{2}+n\pi

<h2>Step-by-step explanation:</h2>

<h3>Find angles</h3>

cos3A+cos5A=0

________________________________________________________

<h3>Transform the expression using the sum-to-product formula</h3>

2cos(\frac{3A+5A}{2})cos(\frac{3A-5A}{2})=0

________________________________________________________

<h3>Combine like terms</h3>

2cos(\frac{8A}{2})cos(\frac{3A-5A}{2})=0\\\\  2cos(\frac{8A}{2})cos(\frac{-2A}{2})=0

________________________________________________________

<h3>Divide both sides of the equation by the coefficient of variable</h3>

cos(\frac{8A}{2})cos(\frac{-2A}{2})=0

________________________________________________________

<h3>Apply zero product property that at least one factor is zero</h3>

cos(\frac{8A}{2})=0\ or\ cos(\frac{-2A}{2})=0

________________________________________________________

<h2>Cos (8A/2) = 0:</h2>

<h3>Cross out the common factor</h3>

cos\ 4A=0

________________________________________________________

<h3>Solve the trigonometric equation to find a particular solution</h3>

4A=\frac{\pi}{2}or\ 4A=\frac{3\pi}{2}

________________________________________________________

<h3>Solve the trigonometric equation to find a general solution</h3>

4A=\frac{\pi}{2}+2n\pi \ or\\ \\ 4A=\frac{3 \pi}{2}+2n \pi\\ \\A=\frac{\pi}{8}+\frac{n \pi}{4\\}

________________________________________________________

<h2>cos(-2A/2) = 0</h2>

<h3>Reduce the fraction</h3>

cos(-A)=0

________________________________________________________

<h3>Simplify the expression using the symmetry of trigonometric function</h3>

cosA=0

________________________________________________________

<h3>Solve the trigonometric equation to find a particular solution</h3>

A=\frac{\pi }{2}\ or\ A=\frac{3 \pi}{2}

________________________________________________________

<h3>Solve the trigonometric equation to find a general solution</h3>

A=\frac{\pi}{2}+2n\pi\ or\ A=\frac{3\pi}{2}+2n\pi,n\in\ Z

________________________________________________________

<h3>Find the union of solution sets</h3>

A=\frac{\pi}{2}+n\pi

________________________________________________________

<h2>A = π/8 + nπ/4 or A = π/2 + nπ, n ∈ Z</h2>

<h3>Find the union of solution sets</h3>

A=\frac{\pi}{8}+\frac{n\pi}{4}\ or\ A=\frac{\pi}{2}+n\pi ,n\in Z

<em>I hope this helps you</em>

<em>:)</em>

5 0
2 years ago
Triangle ABC has an altitude AH that lies in the exterior of the triangle which of the following could be true about this figure
Sergio [31]

Answer:

In triangle ABC, angle B is obtuse.

Step-by-step explanation:

The type of triangle is obtuse, angle A and C are acute, angle B is obtuse.

6 0
3 years ago
Other questions:
  • The height of a trapezoid is 8 inches and it’s area is 96 inches. One base of the trapezoids is 6 inches longer than the other b
    8·1 answer
  • Find the value of x for the triangle or rectangle... plz help asap 4 both
    11·1 answer
  • Write statements to declare and initialize two variables: one, named element_number can hold any of the integer values 1 through
    7·1 answer
  • Fish food is $3.50. An aquarium is $10.00. A filter system costs $9.95. Gravel and plants are $6.25. Mike has $30.00 to spend. H
    10·1 answer
  • Oliver treated his sister to lunch while visiting her in Cedarburg. Their lunch cost $275, and the sales tax in Cedarburg is 12%
    5·1 answer
  • What is the ratio of 96:132 in simplest form?
    6·2 answers
  • Find an equation of the line through (2,6) and parallel to y=2x+3
    14·1 answer
  • Oday, everything at a store is on sale. The store offers a 20% discount.
    9·1 answer
  • How long will it take an investment to triple if the interest is compounded continuously at a rate of
    15·1 answer
  • What is m &lt; WZY?<br> *Brainliest for first correct answer*<br> A 85<br> B 95<br> C 105<br> D 115
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!