To solve the question we use the compound interest formula which is given by:
A=p(1+r)^(nt)
where:
A=future value
p=principle
r=rate
n=number of terms
t=time
thus plugging in the values in the formula we shall have:
A=835(1+0.04)^(4t)
simplifying this we get the sequence:
A=835(1.040)^(4t)
Thus the answer to the sequence will be:
A=835(1.040)^(4t)
Answer:
12
Step-by-step explanation:
AD is 6. a bisector splits a line in half. X would equal 6 meaning AD would equal 12.
Answer:
answer is 300m/30min
Step-by-step explanation:
300\10=30
Answer:
- <u>The rate of return is 8.15%</u>
- <u>This is a good investment</u>
<u></u>
Explanation:
For the first question, you need to find the rate that makes the present value of a stream of ten constant annual payments of $15,000 equal to the $100,000 investment.
The formula that returns the present value of a constant payment is called the annuity formula and is:
![Present\text{ }value=payment\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]](https://tex.z-dn.net/?f=Present%5Ctext%7B%20%7Dvalue%3Dpayment%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5Cbigg%5D)
In your problem you know:
- Present value: $100,000
- payment: $15,000
- r: ?
- t: 10
You cannot solve for r directly. You must guess a value and calculate the right side of the equation until to you find the rate that makes it equal to 100,000.
Try 5%:
![\$15,000\times \bigg[\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^{10}}\bigg]=\$115,826](https://tex.z-dn.net/?f=%5C%2415%2C000%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E%7B10%7D%7D%5Cbigg%5D%3D%5C%24115%2C826)
Then, the rate of return is greater than 5%. After several trials you will find that the rate of return is 8.15%.
Since this rate is higher than 8%, which is what the company requires, this is a good investment.
The answef is 1.83 because if you notice all of them are being divided by 38your answer is 16.5 because youre dividing all dog food in cups by wet food 3 times like 4.5/3 is 1.5 and so on