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lora16 [44]
3 years ago
7

How to find the account balance

Mathematics
1 answer:
CaHeK987 [17]3 years ago
4 0

9514 1404 393

Answer:

  $163,002

Step-by-step explanation:

If you're working problems of this sort, you have been shown formulas and examples. Use the appropriate formula with the numbers of this problem.

For the formula below, you have d=3000, r=0.045, k=4, N=11

  P = (3000)(1 -(1 +0.045/4)^(-11·4))/(0.045/4) ≈ 163,002

The account needs to hold about $163,002 to make this possible.

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Six trig functions help!
tatiyna

-720+2(360)=0

sin 0=0

cos 0=1

tan 0=0

csc 0=1/0

sec 0=1

cot 0=1/0

5 0
3 years ago
PLEASE SHOW HOW YOU GET THE ANSWER STEP BY STEP I DONT KNOW THE PROCESS I NEED TO KNOW HOW TO DO IT PLEASE I WILL MEDAL
lana [24]
Initially, Charlotte owes $7680. She finishes her payments after a total of 6 + 36 = 42 months. Using a simple compounding formula, the amount she owes is worth P at the end of 42 months, where P is: 
  P = 7680 * (1 + .2045/12)^42 = 15616.67379
  Now, the first installment she pays (at the end of six months) is paid 35 months in advance of the end, so it is worth x * (1 + .2375/12)^35 at the end of her loan period. 
  Similarly, the second installment is worth x * (1 + .2375/12)^34 at the end of the loan period. 
  Continuing, this way, the last installment is worth exactly x at the end of the loan period. 
  So, the total amount she paid equals: 
  x [(1 + .2375/12)^35 + (1 + .2375/12)^34 + ... + (1 + .2375/12)^0] 
  To calculate this, assume that 1+.2045/12 = a. Then the amount Charlotte pays is: 
  x (a^35 + a^34 + ... + a^0) = x (a^36 - 1)/(a - 1) 
  Clearly, this value must equal P, so we have: 
  x (a^36 - 1)/(a - 1) = P = 15616.67379
  Substituting, a = 1 + .2045/12 and solving, we get 
  x = 317.82


3 0
3 years ago
Read 2 more answers
the distance between Nick and Sara's house is 546m. Nick can walk 1.3 m/sec. Using the formula d=rt, where d is distance, r is r
maks197457 [2]
D=rt and we are told d=546 and r=1.3m/s so

1.3t=546  divide both sides by 1.3

t=420 seconds so

420s(min/60s)=7 min

So it takes him 7 minutes to walk to Sara's house.

3 0
4 years ago
Jay just graduated from college and he has decided to open a retirement account that pays 1.75% interest compounded monthly. If
gayaneshka [121]

Answer:

50989.68

Step-by-step explanation:

add 100 to 1.75% then multiply by 12 then multiply by 42

hope that helps :)

4 0
4 years ago
Read 2 more answers
What’s the answer to 9 and 10???
Zigmanuir [339]

Answer:

9. C. division

10. D. addition

Step-by-step explanation:

When solving for X the goal is to get it all by itself on one side of the equation and to do that you have to undo the operations already in effect on it.  In number 9 the x is multiplied by 3 so to undo that you would need to divide by 3 and that would cancel out leaving the x by itself.  Then you would need to divide by 3 on the other side of the equation also to keep it balenced.  In number 10 the X is connected to the 10 through subtraction so to cancel that out you would subtract 10 from both sides to get the X alone.

I hope this helps and please don't hesitate to ask if there is anything still unclear!

3 0
3 years ago
Read 2 more answers
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