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Sergeu [11.5K]
3 years ago
10

Suppose you invest $100 a month in an annuity that

Mathematics
2 answers:
Yuliya22 [10]3 years ago
5 0

Answer: B. $2518.59

Step-by-step explanation:

Just took this quiz on a p e x :)

Dominik [7]3 years ago
4 0

Answer:

  $2502.60

Step-by-step explanation:

The formula for the amount of an annuity due is ...

  A = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)

where P is the monthly payment (100), r is the annual interest rate (.04), n is the number of compoundings per year (12), and t is the number of years (2). Given these numbers, the formula evaluates to ...

  A = $100(1.00333333)(1.00333333^24 -1)/0.00333333

  = $100(301)(0.08314296)

  = $2502.60

_____

This value is confirmed by a financial calculator. The given answer choices all appear to be incorrect. The closest one corresponds to an annual interest rate (APR) of 4.286%, not 4%.

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Answer:

OS is congruent to SQ

Step-by-step explanation:

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A square field has an area of 100 square meters. What is the length of the square? Show how you got the work please.
Goryan [66]

Answer:

The length of the square is 10 meters.

Step-by-step explanation:

First, you need to know that a square has four equal sides, and that finding the area of a square means multiplying one side by another side. This means that if you know the area of the square, all you have to do is find the square root of the area to find a side length. So, by using a calculator, you can find that the square root of 100 is 10, which is the length of one side of the square.


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uysha [10]

Answer:

the value is k=

Step-by-step explanation:

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Suppose that the auto loans from a bank are normally distributed with a mean of $23,334 and a standard deviation of 3,412. what
UkoKoshka [18]
To illustrate the information in the correct syntax:
X~N(23334, 3412²)
What we're being asked to find is P(X ≤ 26000).
In order to do this, we need to convert this value into one we can look up on the table for the standard normal distribution (Z).
To do this we use the formula:
Z = (X - μ)/σ
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We can say:
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Which number line shows the solution to<br> 11x + 14 &lt; –8?
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Answer:

D

Step-by-step explanation:

11x + 14 < -8

Cancel the addition by subtracting

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