3 years ago

Help meeeee and plz get it right

Mathematics

1 answer:

Maslowich3 years ago

5 0

The answer is The first one A

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(1,5) (-5,-4)

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The equation, y = 12841(1.01)x , represents the average cost of an education at a private college, after 1990. What is the avera

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The average cost in 1990 is <span>$12,841.</span>

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A city has a population of 250,000 people. Suppose that each year the population grows by 6%. What will the population be after

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Step-by-step explanation:

250,000 × 1.06^12 is the formula.

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3 years ago

What is 2x - 1 < 3? Solve

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Step-by-step explanation:

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Jim and Dianna want to save for their child’s college expenses. They find an annuity that pays 6% annual interest, compounded mo

lana66690 [7]

Answer:

future value = $49163.8

so required amount will be $491200 nearest $100

Step-by-step explanation:

given data

annual interest rate = 6 %

annuity = $300 per month

time period = 10 years

to find out

how much money will they have for the college expenses

solution

we know that effective rate will be

effective rate = $\frac{0.06}{12}$

effective rate = 5 × $10^{-3}$

number of payment = 12 × 10 = 120

so future value will be express as

future value = annuity × $\frac{(1+r)^t-1}{r}$ .........1

future value = 300 × $\frac{(1+5*10^{-3})^{120}-1}{5*10^{-3}}$

future value = 300 × 163.8793

future value = $49163.8

so required amount will be $491200 nearest $100

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3 years ago