<h3>Given</h3>
Future value of an investment at 4.75% compounded weekly is $25,000
<h3>Find</h3>
The present value of the investment, to the nearest dollar
<h3>Solution</h3>
The multiplier is (1 + .0475/52)^(52·5) ≈ 1.2679375, so the amount required is found from
... 1.2679375×present value = 25,000
... present value = 25,000/1.2679375 ≈ 19,717
$19,717 needs to be placed in the account now.
_____
When an annual interest rate r is compounded n times per year, the annual multiplier is (1 +r/n)^n. Here, we have n=52 (weeks per year). The multiplier is applied 5 times (raised to the 5th power) to obtain the result of a 5-year investment.
Answer:
B. 26,606.63
Step-by-step explanation:
The area of Gateway National Recreation Area is about twenty-six thousand, six hundred six and sixty-three hundredths. Which shows this number in standard form? A. 26,606.3 B. 26,606.63
C. 26,660.63 D. 26,666.3
Solution
Break down and writing in numerals of twenty-six thousand, six hundred six and sixty-three hundredths.
Twenty six thousand = 26,000
Six hundred six = 606
Sixty - three hundredth = 0.63
Adding
26,000 + 606 + 0.63
We have
26,606.63
The correct answer is B
Answer:
24.91 kg.
Step-by-step explanation:
47% = 0.47
So the answer is 0.47 * 53 Kg.
Answer:
When you selected the math book, it was an independent event.
However, when you selected the notebook, it was a dependent event.
The math book is an independent event because it's selection doesn't depend on anything else...it's the first thing you chose. However the notebook is a dependent event because you did not put the math book in the bag after you took it out. Therefore, because you selected the math book first, you only had 9 items to choose from as opposed to 10 if you had put the math book back.