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igomit [66]
3 years ago
13

Anthony is going to invest in an account paying an interest rate of 2.7% compounded quarterly. How much would Anthony need to in

vest, to the nearest hundred dollars, for the value of the account to reach $130 in 10 years?
Mathematics
2 answers:
Leona [35]3 years ago
4 0

Answer:

$99

Step-by-step explanation:

Given that :

Rate (r) = 2.7% = 0.027 Compounded quarterly

Final amount (A) = $130

Period (t) = 10 years

Principal = invested amount (p) =?

n = number of compounding tines per period = 12/3 = 4

Using the formula :

A = p(1 + r/n)^nt

130 = p(1 + 0.027/4)^(4*10)

130 = p(1 + 0.00675)^40

130 = p(1.00675)^40

130 = p(1.3087766)

P = 130 / 1.3087766

P = 99.329402

P = $99

marissa [1.9K]3 years ago
3 0

Answer:   95810

Step-by-step explanation:

Compound interest formula

A=240000\hspace{35px}t=20\hspace{35px}r=0.046\hspace{35px}n=12

A=240000t=20r=0.046n=12

Given values

240000=

240000=

\,\,P\left(1+\frac{0.046}{12}\right)^{12(20)}

P(1+

12

0.046

​

)

12(20)

Plug in values

240000=

240000=

\,\,P(1.003833333)^{240}

P(1.003833333)

240

Simplify

240000=

240000=

\,\,P(2.504880829)

P(2.504880829)

Evaluate in calculator

\frac{240000}{2.504880829}=

2.504880829

240000

​

=

\,\,\frac{P(2.504880829)}{2.504880829}

2.504880829

P(2.504880829)

​

Divide by 2.504880829

95812.9413769=

95812.9413769=

\,\,P

P

Use calculator

P\approx

P≈

\,\,95810

95810 .  

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Kaylis [27]

Answer: the equation is

4x^2 + 4x - 12

Step-by-step explanation:

A quadratic equation is an equation in which the highest power of the unknown is 2.

The general form of a quadratic equation is expressed as

ax^2 + bx + c

Where

a is the leading coefficient

c is a constant

Assuming we want to write the quadratic equation in x, from the information given, the roots which are given are -2 and 1 and the leading coefficient is 4.

Therefore, the linear factors of the quadratic equation will be (x+2) and (x-1)

the equation becomes

(x+2)(x-1)

= x^2 - x +2x - 3

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Given a leading coefficient of 4, we will multiply the quadratic expression by 4. It becomes

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3 years ago
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Vera_Pavlovna [14]

Transformation involves changing the position and size of a shape.

The true statements are:

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The complete question is as follows:-

The composition do,0.75(x,y) ∘ do,2(x,y) is applied to △lmn to create △l''m''n''. which statements must be true regarding the two triangles? check all that apply. ∠m ≅ ∠m'' △lmn ~ △l''m''n'' △lmn ≅ △l''m''n'' the coordinates of vertex l'' are (-3, 1.5). the coordinates of vertex n'' are (3, -1.5). the coordinates of vertex m'' are (1.5, -1.5).

<h3>What is translation?</h3>

The process of changing the location of the image on the coordinate system will be known as the translation.

The coordinates of the triangle are:

L =(-1,2)

M = (-1,-1)

N = ( 2,-1)

The transformation rule is given as:

do 0.75 (x,y) 2 (x,y)

The transformation rule is a dilation by a factor of 0.75, and then a factor of 2.

Uniform dilation changes the size of a shape, but the angles remain unchanged. This means that:

∠l≅∠l''

∠m≅∠m''

∠n≅∠n''

Δlmn⇒Δl'm'n'

The above highlights mean that:

The angles of both triangles are congruent

The triangles are similar

Next, we apply the rule on the coordinates of the triangle

L'' = 0.75 x 2 x (-1,2)

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N'' = (3 , -1.5)

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6 0
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If you earn $3250 per month and you expect your earnings to increase by 2.2% per year, how much do you think you will be making
zysi [14]

<u>Answer:</u> $42546.9 will be the earning in 4 years.

<u>Step-by-step explanation:</u>

The equation for compound interest follows:

A=P(1+\frac{r}{100})^n

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P = Principle amount

r =  rate of interest

n = number of years

We are given:

Earnings earned per month = $3250

Earnings earned per year = ($3250 × 12) = $39000

The values become:

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Putting values in above equation, we get:

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Hence, $42546.9 will be the earning in 4 years.

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