90 is 75% of what number

How much should a family deposit at the end of every 6 months in order to have $4000 at the end of 3 years? The account pays 5.9

ra1l [238]

We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

$PV_{ord}=C(\frac{1-(1+i)^{-kn}}{\frac{i}{k}})$

Where:

$\begin{gathered} C=\text{ payments each period} \\ i=\text{ interest rate} \\ n=\text{ number of periods} \\ k=\text{ number of times the interest is compounded} \end{gathered}$

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

$\frac{5.9}{100}=0.059$

Now we substitute the values:

$PV_{ord}=4000(\frac{1-(1+0.059)^{-2(3)}}{\frac{0.059}{2}})$

Now we solve the operations, we get:

$PV_{\text{ord}}=39462.50$

Therefore, the present value must be $39462.50

8 0

1 year ago

The corners of a meadow are shown on a coordinate grid. Ethan wants to fence the meadow. What length of fencing is required?

Nuetrik [128]

Answer:

34.6 units

Step-by-step explanation:

The lenght of fencing required is the total distance between point A to B, B to C, C to D, and D to A. That is the distance between all 4 corners of the meadow.

The coordinates of the corners of the meadow is shown on a coordinate plane in the attachment. (See attachment below).

Let's use the distance formula to calculate the distance between the 4 corners of the meadow using their coordinates as follows:

Distance between point A(-6, 2) and point B(2, 6):

$AB = \sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}$

Let,

$A(-6, 2)) = (x_1, y_1)$

$B(2, 6) = (x_2, y_2)$

$AB = \sqrt{(2 - (-6))^2 + (6 - 2)^2}$

$AB = \sqrt{(8)^2 + (4)^2}$

$AB = \sqrt{64 + 16} = \sqrt{80}$

$AB = 8.9$ (nearest tenth)

Distance between B(2, 6) and C(7, 1):

$BC = \sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}$

Let,

$B(2, 6) = (x_1, y_1)$

$C(7, 1) = (x_2, y_2)$

$BC = \sqrt{(7 - 2)^2 + (1 - 6)^2}$

$BC = \sqrt{(5)^2 + (-5)^2}$

$BC = \sqrt{25 + 25} = \sqrt{50}$

$BC = 7.1$ (nearest tenth)

Distance between C(7, 1) and D(3, -5):

$CD = \sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}$

Let,

$C(7, 1) = (x_1, y_1)$

$D(3, -5) = (x_2, y_2)$

$CD = \sqrt{(3 - 7)^2 + (-5 - 1)^2}$

$CD = \sqrt{(-4)^2 + (-6)^2}$

$CD = \sqrt{16 + 36} = \sqrt{52}$

$CD = 7.2$ (nearest tenth)

Distance between D(3, -5) and A(-6, 2):

$DA = \sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}$

Let,

$D(3, -5) = (x_1, y_1)$

$A(-6, 2) = (x_2, y_2)$

$DA = \sqrt{(-6 - 3)^2 + (2 - (-5))^2}$

$DA = \sqrt{(-9)^2 + (7)^2}$

$DA = \sqrt{81 + 49} = \sqrt{130}$

$DA = 11.4$ (nearest tenth)

Length of fencing required = 8.9 + 7.1 + 7.2 + 11.4 = 34.6 units

8 0

2 years ago

Bobby hopes that he will someday be more than 70 inches tall. he is currently 61 inches tall. how many more inches,

Dominik [7]

Bobby should grow an amount greater than 70-61 = 9 inches to become taller than 70 inches. Therefore, the correct answer is that Bobby must grow an amount of x> 9 inches to be taller than 70 inches.

4 0

3 years ago

What is 20% of 96,000 in math?

AVprozaik [17]

19200

just multiply 0.2 x 96,000

4 0

3 years ago

Read 2 more answers

Two examples of likely and unlikely events in mathematics probability

Bond [772]

Answer:

what's likely is times or Addition less like likely is subtraction or rounding

5 0

2 years ago