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12345 [234]
3 years ago
15

What is the present value of an investment that will be worth $6000 at the end of five years? Assume an APR of 6% compounded mon

thly. (Round your answers to the nearest cent.)
Mathematics
1 answer:
musickatia [10]3 years ago
4 0

Answer:

4448.23

Step-by-step explanation:

AV=PV(1+\frac{i}{n})^{nt}\\\\6000=PV(1+\frac{.06}{12})^{5*12}\\\\6000=PV*1.3488\\\\PV= 4448.23

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Evaluate the expression ​
Leni [432]
  1. \frac{ | - 8| }{ -  | - 8| }  +  | - 15|
  2. \frac{8}{ - 8}  +  \frac{15}{1}
  3. \frac{8 - 120}{ - 8}
  4. \frac{ - 112}{ - 8}
  5. 14
4 0
3 years ago
Moes sells 10 tacos for $8.49 or Taco Bell sells 6 of the same kind of taco for $5.40. Which is a better deal? Clearly show the
Degger [83]

Answer:

The one that sells 10 tacos for $8.49

To get the better deal, you should find the selling prices for a single tacos in both cases  and compare the amounts.

In the first one, 10 tacos for $8.49

This means 1 tacos sells for $8.49/10 = $0.849

In the second one, 6 for $5.40, this means for a single tacos, the selling price is $5.40/6 =$0.9

The better deal is the first one that sells one taco for $0.849 compared to the second one that sells one tacos for $0.9

5 0
3 years ago
Read 2 more answers
2x+5y=-55 y=3x+6 What is the solution
Arlecino [84]
Let: eq 1:2x+5y=-55
eq 2:y=3x+6
by substituting eq 2 in eq 1 we get,
2x+5(3x+6)=-55
2x+15x+30+55=0
17x + 85=0
x=-85/17
x=-5
By substituting x value in eq 2,
we have,
y=3(-5)+6=-15+6=-9
3 0
3 years ago
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HELP ASAP GIVING BRANLIST 100 POINTS!!!
Sedbober [7]

Rate of change between 1 and 3: find the y values for 1 and 3:

Rate of change = (6-1) / (3-1) = 5/2

Rate of change from 2 and 4:

= (10-3) / (4-2) = 7/2

The rate from 2 to 4 is larger because 7/2 is larger than 5/2

6 0
3 years ago
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Which of the following can be modeled with an exponential function? Select all that apply.
bogdanovich [222]

Answer: The answers are

(ii) The cost to attend Universal Studios increases by 1% each year,

(iii) An endangered species population is decreasing by 12% each year,

(iv) The population of a town that is growing by 5% each year.

Step-by-step explanation:  We are given five functions and we are to select those which can be modelled with an exponential function.

(i) Here, height is varying with respect to time, so it will be a linear function.

(ii) Here, the cost to attend Universal Studios is increasing by 1% every year, so this will be an exponential function.

(iii) Here, an endangered species population is decreasing by 12% each year.

So, this will also be an exponential function.

(iv) Since we are considering the distance travelled by the bicycle at a constant speed of 25 mph, so this will be a linear function.

(v) Here also the population is growing by 5% each year. So, the function will be exponential.

Thus, the correct answer is second, third and fifth.

3 0
3 years ago
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