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Elena L [17]
3 years ago
12

You were given a $20,000 gift towards University education by your grandparents. How much will this be in 17 years if it is inve

sted at 7% and compounded annually?
Mathematics
2 answers:
Nat2105 [25]3 years ago
3 0

Answer:

$65,068.44

Step-by-step explanation:

A= 20000(1+ 0.07/4)^4(17)

A= 20000(1.0175)^68

A= 65,068.44

dedylja [7]3 years ago
3 0
The total amount accrued, principal plus interest, from compound interest in an original principal of $20k at a rate of 7% per year compounded 1 time per year over 17 years is $63,176.30
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Fantom [35]

Answer:

How do you find the sum of factors of a quadratic equation?

Let r and s be the factors for the quadratic equation such that x^2+Bx+C=(x−r)(x−s) where sum of factors (r+s)=−B and the product of factors rs = C r = -2 - u s = -2 + u Two numbers r and s sum up to -4 exactly when the average of the two numbers is \frac{1}{2}*-4 = -2.

How do you solve a quadratic equation?

Quadratic equations such as this one can be solved by completing the square. In order to complete the square, the equation must first be in the form x^{2}+bx=c.

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
How do I solve this question?
goldfiish [28.3K]
Basically there are 58 boys and each one can only answer once. Its mentioned that 20 boys dont play baseball or basketball so you'll write that down. Then its mentioned that 31 dont play baseball so you subtract 20 from 31 since each boy only answer once. your all left with 11 boys who dont play baseball but play football. In total 31 boys dont play baseball at all. 16 of them play football but earlier we figured out that 11 of those 16 boys also play foot ball dont play baseball so you subtract 11 from 16 and you left with 5 boys who play baseball and football together. The total number of football players is 16. your going to want to subtract 31 from 58 to get the remaining boys who play baseball which will be 27. Finally you subtract 5 from 27 and you'll get 22 boys who dont play football but play baseball. Hoped this helped if not then just look at the picture.

4 0
3 years ago
What is 56 1/2% written as a fraction in the simplest form?<br>​
Eduardwww [97]

Answer:

       7 / 28

Step-by-step explanation:

7 / 28 = 0 . 28

5 0
3 years ago
At Hoffmans bike rentals, it cost $32 to rent a bike for 8 hours. How many dollars does it cost per hour of bike use?
vichka [17]
It costs 4 per hour......
6 0
4 years ago
HELP PLEASE I NEED HELPPPP
nlexa [21]

Answer:

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Step-by-step explanation:

First, we have to remember what the area of a triangle is:

\frac{base*height}{2}

Since there are 4 of the same triangle, multiply the area of one triangle by 4:

\frac{10*8.7}{2}

\frac{87}{2}

43.5

43.5(4)=174

3 0
3 years ago
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