To solve the problem we use the compound formula given by:
A=p(1+r/100)^n
where:
A=future amount:
p=principle
r=rate
A=1000000, r=11.6%, n=40
plugging the value in the formula we get:
1000000=p(1+11.6/100)^40
solving for p we get:
1000000=80.6432p
p=12400.300
rounding to the nearest 1000 we get
p=$12000
Answer:
<span>A.) 12,000</span>
<h2><em>All of it. Be kind to your mother.</em></h2><h2><em></em></h2><h2><em></em></h2><h2><em></em></h2><h2><em>In all seriousness, 15% of 100 is itself. 15. If it was 27%, it'd be 27. So on and so forth.</em></h2>
Answer:
$ 20,189.65
Step-by-step explanation:
Jake's parents want $100,000 at the end of 40 years. They put their money in an account that yields 4% per year compounded continuously. How much money should jakes parents deposit?
From the above question, we are to find the Principal. The formula for Principal compounded continuously =
P = A / e^rt
Where:
A = Amount after time t = $100,000
r = Interest rate = 4%
t = Time in years = 40 years
First, convert R percent to r a decimal
r = R/100
r = 4%/100
r = 0.04 per year,
Then, solve our equation for P
P = A / e^rt
P = 100,000.00 / e ^(0.04×40)
P = $ 20,189.65
Therefore, the amount Jake's parents should invest = $ 20,189.65
Answer:
y=-2/7x+6
Step-by-step explanation:
first write this in y=mx+b format, y=7/2x−2
then write the perpendicular line, which is the opposite & negative of m
y=−2/7x-2
then remove b
y=−2/7x+b
plug in the numbers
(7,4) y= 4 x=7
4=-2/7*7+b
b is 6
so put the numbers back in
y=-2/7x+6
hope this helps and have a great day
Answer:
C
Step-by-step explanation:
We are given 5 negative values plus 0. Keep in mind that 0 is not positive or negative. A non-positive integer is any negative number plus zero which the set follows. C is the only logical answer. A is incorrect because a negative number cannot be a whole number. B is incorrect because while we have negative values, we also have 0 and as stated previously, its not a negative or positive value. D is also incorrect because a non-negative integer is any positive value and zero but again, we don't have any positive values.
Best of Luck!
