1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
evablogger [386]
3 years ago
6

Abby Mia wants to know how much must be deposited in her local bank today so that she will receive yearly payments of $18,000 fo

r 20 years at a current rate of 9% compounded annually. (Use the tables found in the textbook.)
Mathematics
1 answer:
muminat3 years ago
6 0
We are not given tables, so will just use the amortization formula.
P=\frac{A*((1+i)^n-1)}{i*(1+i)^n}
where 
P=amount to be deposited today, to be found
A=amount withdrawn each year=18000
i=Annual interest=9%
n=number of years = 20

Substituting values,
P=\frac{A*((1+i)^n-1)}{i*(1+i)^n}
=\frac{18000*((1+0.09)^{20}-1)}{0.09*(1+0.09)^{20}}
=164313.82   to the nearest cent
You might be interested in
А<br> E<br> с<br> D<br> В<br> If mZACD = 100°, then mZECB = [?]°
11111nata11111 [884]

Answer:

100

Step-by-step explanation:

they are vertical angles therefore, they have the same measure.

4 0
3 years ago
I have a series of questions
alexgriva [62]

9514 1404 393

Answer:

  0.4, 0.004, 0.004

Step-by-step explanation:

The "what" in each case is found by dividing the target value by 10. That is accomplished by moving the decimal point one place to the left.

4/10 = 0.4   ⇒   10 times 0.4 = 4

0.04 and .04 are exactly the same value, so the last two on your list are the same:

0.04/10 = 0.004   ⇒   10 times .004 = 0.04

3 0
3 years ago
Answer this question due soon
In-s [12.5K]

Answer:

isosceles triangle means all equal sides and sum of interior angles of a triangle have to add to 180deg. if you draw a triangle with 3 equal 60 deg angles and draw a line from the top angle straight down to the bottom line, basically dividing the triangle into two even ones. then you can say the line or bisector line from the angle makes a 90deg with the bottom line across from angle the line is drawn out of. so then that makes two even and equal triangles, then the measure of the angles will be 90deg from bisector line + 60deg from angle untouched + 30deg from bisector angle = 180 degs for sum of interior angles in both triangles now proving the altitude from the base of an isosceles triangle is also the angle bisector of that angle.

Step-by-step explanation:

3 0
2 years ago
Gigi's home is located on the grid with the points (-6, 2), (-1, 2), (-7, 4) and (0, 4). She is planning to paint the entire roo
Marysya12 [62]

Answer:

EZZZZ

Step-by-step explanation:

EX

7 0
2 years ago
Alexandria has been playing at the beach with 329 shells. She is putting shells into rows of 6. How many rows will she need if s
Hitman42 [59]

Answer:

Alexandria requires 55 rows to use all the shells.

Step-by-step explanation:

Given:

Number of Shells = 329

Number of shells in each row = 6

We need to find the number of rows she need if she wants to use all the shells.

Solution:

Now we know that;

number of rows she needs can be calculated by Dividing Number of Shells with Number of shells in each row.

framing in equation form we get;

number of rows = \frac{329}{6} = 54.83 \approx 55

Hence Alexandria requires 55 rows to use all the shells.

5 0
3 years ago
Other questions:
  • Two planes left an airport at noon. One flew east at a certain speed and the other flew west at twice the speed. The planes were
    15·1 answer
  • PLZ HELP ME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:(
    11·1 answer
  • What is the measure of angle A?
    14·1 answer
  • The Millers put carpet on the floor of their living room. They bought 160 square feet of carpet. If the length of the room is 16
    7·1 answer
  • Simplify: -x - 4x + 2
    13·2 answers
  • The school cafeteria is offering a choice of two side dishes at lunch today, either watermelon or french fries. The ratio of the
    8·1 answer
  • Can you find a strategy for splitting any number so that you always get the largest product?
    12·1 answer
  • Which describes how to calculate the range of this data set?
    5·1 answer
  • HELP ME PLEASEEEE I WILL GIVE BRAINLIEST
    9·1 answer
  • Solve for x<br> m&lt;8 = 2x + 20
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!