"<span>A company will need 40,000 in 6 years for a new addition. To meet the goal, the company deposits money into an account today that pays 4% annual intrest compund quarterly." Let's pretend that the instructions state, "Determine the amount of money that must be deposited upfront so that you will have $40,000 in 6 years."
Use the Compound Amount formula: A = P(1 + r/n)^(nt),
where P is the principal (the amount deposited upfront), r is the interest rate as a decimal fraction, n is the number of compounding periods, and t is the time in years.
Here, $40000 = P(1 + 0.04/4)^(4*6)
$40000
So the upfront $ needed is P = -------------------------
(1+0.01)^24
This comes out to $31502.65 (answer)</span>
0.7 in word form is : “zero point seven”
Hope this helped <3
Y + R + V = 42
but 4 YEARS AGO : (R-4) +(V-4) = Y
Replace Y in the 1st equation by: (R-4) +(V-4)
(R-4) +(V-4) + R + V = 42
2R - 2V - 8 = 42; 2R -2V = 50, or R+V=25
IF R+V =25 AND Y + R +V = 42, then Y + 25 = 42 and Y =17
So 16=heads
18=tails
after you add some tails
18+x
ratio of heads to tails is 1:1.5
heads=16, didn't change
tails=18+x
so
1:1.5=16:18+x
fractionify
1/1.5=16/(18+x)
1/1.5=2/3
2/3=16/(18+x)
mutiply both sides by (3)(18+x)
2(18+x)=3(16)
36+2x=48
subtract 36 from both sides
2x=12
divide 2
x=6
6 tails added
total=heads+tails
heads=16
tails=18+6=24
total=16+24
total=40
6 tails added
40 total coins
Answer:
13/12
Step-by-step explanation:
B - 7/4 = -2/3
B = -2/3 + 7/4
B = 13/12
