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Step2247 [10]
3 years ago
11

) Would you rather receive $1,500 a year for 12 years, or $1,200 a year for 20 years if the interest rate is 7%?

Mathematics
1 answer:
Umnica [9.8K]3 years ago
6 0

Answer:

$1200 should receive.

Step-by-step explanation:

To check whether to receive $1500 or $1200 just find the present values of each amount.

Present value of annuity $1500:

Present value of annuity = Annuity (P/A, 7%, 12)

Present value of annuity = 1500 (P/A, 7%, 12)

Present value of annuity = 1500 (7.9426)

Present value of annuity = $11913.9

Present value of annuity $1200:

Present value of annuity = Annuity (P/A, 7%, 20)

Present value of annuity = 1500 (P/A, 7%, 20)

Present value of annuity = 1500 (10.5940)

Present value of annuity = $15891

Thus, $1200 should receive.

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Amelia, Luis, Shauna, and Clarence used different approaches to solve the inequality
Mama L [17]

Answer:

Luis’s, because he flipped the inequality sign when he subtracted

Step-by-step explanation:

Given:

7.2b + 6.5 > 4.8b – 8.1.

Amelia started by subtracting 7.2b from both sides to get 6.5 > –2.4b – 8.1.

Amelia:

7.2b + 6.5 - 7.2b > 4.8b – 8.1 - 7.2b

6.5 > -2.4b - 8.1

Correct

Luis started by subtracting 4.8b from both sides to get 2.4b + 6.5 < – 8.1.

7.2b + 6.5 - 4.8b > 4.8b – 8.1 - 4.8b

2.4b + 6.5 > -8.1

Incorrect

Shauna started by subtracting 6.5 from both sides to get 7.2b > 4.8b – 14.6

7.2b + 6.5 - 6.5 > 4.8b – 8.1 - 6.5

7.2b > 4.8b - 14.6

Correct

Clarence started by adding 8.1 to both sides to get 7.2b + 14.6 > 4.8b.

7.2b + 6.5 + 8.1 > 4.8b – 8.1 + 8.1

7.2b + 14.6 > 4.8b

Correct

5 0
2 years ago
The product of n and 14
professor190 [17]

Answer:

14n

Step-by-step explanation:

You multiply 14 by n, which is 14n.

8 0
2 years ago
What is the equation of the line containing points (-4,3) and (7,5)
ki77a [65]
Use the slope formula and slope-intercept form
y=mx+b
to find the equation.
y=2/11x + 4/11

Hope this helps
3 0
2 years ago
Can someone help I been stuck on the question of 10min
shusha [124]

Answer:

y e s ∩ω∩

Step-by-step explanation:

(I think it is correct)

5 0
2 years ago
Read 2 more answers
Use triangle ABC drawn below &amp; only the sides labeled. Find the side of length AB in terms of side a, side b &amp; angle C o
Brrunno [24]

Answer:

AB = \sqrt{a^2 + b^2-2abCos\ C}

Step-by-step explanation:

Given:

The above triangle

Required

Solve for AB in terms of a, b and angle C

Considering right angled triangle BOC where O is the point between b-x and x

From BOC, we have that:

Sin\ C = \frac{h}{a}

Make h the subject:

h = aSin\ C

Also, in BOC (Using Pythagoras)

a^2 = h^2 + x^2

Make x^2 the subject

x^2 = a^2 - h^2

Substitute aSin\ C for h

x^2 = a^2 - h^2 becomes

x^2 = a^2 - (aSin\ C)^2

x^2 = a^2 - a^2Sin^2\ C

Factorize

x^2 = a^2 (1 - Sin^2\ C)

In trigonometry:

Cos^2C = 1-Sin^2C

So, we have that:

x^2 = a^2 Cos^2\ C

Take square roots of both sides

x= aCos\ C

In triangle BOA, applying Pythagoras theorem, we have that:

AB^2 = h^2 + (b-x)^2

Open bracket

AB^2 = h^2 + b^2-2bx+x^2

Substitute x= aCos\ C and h = aSin\ C in AB^2 = h^2 + b^2-2bx+x^2

AB^2 = h^2 + b^2-2bx+x^2

AB^2 = (aSin\ C)^2 + b^2-2b(aCos\ C)+(aCos\ C)^2

Open Bracket

AB^2 = a^2Sin^2\ C + b^2-2abCos\ C+a^2Cos^2\ C

Reorder

AB^2 = a^2Sin^2\ C +a^2Cos^2\ C + b^2-2abCos\ C

Factorize:

AB^2 = a^2(Sin^2\ C +Cos^2\ C) + b^2-2abCos\ C

In trigonometry:

Sin^2C + Cos^2 = 1

So, we have that:

AB^2 = a^2 * 1 + b^2-2abCos\ C

AB^2 = a^2 + b^2-2abCos\ C

Take square roots of both sides

AB = \sqrt{a^2 + b^2-2abCos\ C}

6 0
3 years ago
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