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3 years ago

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]3 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)

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Step-by-step explanation:

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3 years ago

florida received 15 inches of rainfall in 3 months of the year. If the state receive 4.25 each month until the end of the year,

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3 years ago

Find the directional derivative of f at the given point in the direction indicated by the angle θ.

anygoal [31]

Answer:

Directional derivative = 1/√2

Step-by-step explanation:

We are given f(x, y) = y cos(xy)

Now, we know that;

∇f(x, y) = ycos xy

Thus, applying that to the question, we have;

∇f(x, y) = [-y² sin xy, cos (xy) - xy sin xy]

At coordinates (0,1),we now have;

∇f(0, 1) = [-1²•sin0, (cos 0) - 0]

∇f(0, 1) = [0, 1]

Now, unit vector indicated by the angle θ is given as; u = [cos θ, sin θ]

From the question, since θ = π/4, thus

u = [cos π/4, sin π/4]

Cos π/4 in surd form is; 1/√2

Also, sin π/4 in surd form is; 1/√2

So, u = [1/√2, 1/√2]

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3 years ago

Find the volume of the wedge with vertices at points (0,0,0), (1,0,0), (0,1,0), (0,0,1) by integrating the area of cross-section

Angelina_Jolie [31]

Answer:

V = 1/6 cubic units

Step-by-step explanation:

Applying the concept of integrals for volume calculation:

$V = \int\limits^b_a {S(x)} \, dx$ (1)

V = volume of the solid bounded by x = a and x = b

S(x) = cross section area of the solid, perpendicular to the x axis

From the figure we have that S is the area of a triangle that has base Z and height Y

Area of the triangle = $S(x)=\frac{y(x)*z(x)}{2}$ (2)

Calculation of y(x) and z(x)

We apply the equation of the point-slope line (plane xy):

Slope = $m = \frac{y_{2} - y_{1} }{x_{2} - x_{1}}$ (3)

Equation of the line = $y - y_{1} =m(x-x_{1} )$ (4)

Replacing the points (1,0) and (0,1) in (3):

$m=\frac{1-0}{0-1} =-1$

Replacing the point (1,0) and m = -1 in (4):

$y-0=(-1)(x-1)$

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We apply the equation of the point-slope line (plane xz):

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Equation of the line = $z - z_{1} =m(x-x_{1} )$ (7)

Replacing the points (1,0) and (0,1) in (6):

$m=\frac{1-0}{0-1} =-1$

Replacing the point (1,0) and m = -1 in (7):

$z-0=(-1)(x-1)$

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Replacing (5) and (8) in (2)

$S(x) = \frac{(-x + 1) * (-x + 1)}{2} =\frac{(-x + 1)^{2} }{2}$ (9)

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$V =\frac{1}{2} (\frac{x^{3} }{3} -2\frac{x^{2} }{2} +x)$ evaluated from x=0 to x=1

$V= \frac{1}{2} (\frac{1}{3} -1 +1) = \frac{1}{6}$

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Given that the number of possible handshakes within a group of n people is given by the equation:

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8 0

3 years ago