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Sergeu [11.5K]
2 years ago
10

Suppose you invest $100 a month in an annuity that

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

Answer: B. $2518.59

Step-by-step explanation:

Just took this quiz on a p e x :)

Dominik [7]2 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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Mr. Anders was three times as old as Kate 5 years ago. Their total age now is 42 years. How old is Kate now?
katrin [286]
We can write this as two equations. Call Mr. Anders' age A and Kate's age K:
A-5=3(K-5)
A+K=42

Then solve for A in the second equation:
A=42-K

Substitute this into the first equation:
(42-K)-5=3(K-5)
-K+37=3K-15
52=4K
K=13
6 0
3 years ago
1.Amulya is x years now. Write expressions for her age 5 years ago?
ikadub [295]

Answer:

Step-by-step explanation:

1)    a = x - 5

a)   z = y + 5

b)  z = y - 3

c)   z = 6y

d)  z = 6y - 2

e) z = 3y + 5

5 0
2 years ago
Madam Siti bought the same lengths of red and yellow ribbons. After she used 836 cm of the red ribbon, the length of the yellow
Yuliya22 [10]

Answer: 1045 cm of red ribbon and 1045 cm of yellow ribbon

<u>Step-by-step explanation:</u>

Let R represent the amount red ribbon and Y represent the amouont of yellow ribbon.

  • bought the same lengths of red and yellow: R = Y
  • after used 286 of red, yellow is 5 times the remaining red; 5(R - 836) = Y

Use substitution method to solve:

5(R - 836) = R

5R - 4180 = R   <em>distributed 5 on the left side</em>

4R - 4180 = 0   <em>subtracted R from both sides</em>

4R = 4180         <em>added 4180 to both sides</em>

R = 1045         <em>divided both sides by 4</em>


5 0
3 years ago
Read 2 more answers
Determine if x + 2 is a factor of p(x) = x 4 + 3x 3 + 4x 2 - 8 and explain why.
Andrej [43]
The Factor Theorem says (x - a) is a factor of function p(x) if p(a)=0

so check for p(-2)

= -2^4 +3(-2)^3 + 4(-2)^2 - 8

= 16 - 24 +16 -8

= 0

so (x + 2) is a factor
3 0
2 years ago
WILL GIVE BRAINLIEST!!!!!!
Tanzania [10]

Answer:

Probably y=2x+60

Step-by-step explanation:

It seemed to fit best, dont count on my answer tho, not 100% sure :(

When I put the line through the points, the y intercept was around 50/60 and the slope is positive so it eliminated a few answers. then I chose y=2x+60 since that slope seemed more correct than a slop of 8.

5 0
3 years ago
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