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3 years ago

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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Aloiza [94]

Answer:

100×300=3000

Step-by-step explanation:

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3 years ago

What sequence would 20, 10, 5 be?

love history [14]

Answer:

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Step-by-step explanation:

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3 years ago

What the error to this promblem

dimaraw [331]

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3 years ago

If the mass of a material is 45 grams and the volume of the material is 11 cm^3, what would the density of the material be?

Nuetrik [128]

Answer:

Density of material would be 4.09 $g/cm^3$

units is $g/cm^3$

Step-by-step explanation:

Given: The mass of a material is 45 grams and the volume of the material is 11 cubic centimeter

Density is defined as mass per unit volume.

It is given by:

$p= \frac{m}{V}$ where p is the density , m is the mass and V is the volume of the material respectively.

Here, Density is expressed in grams per centimeter cubed (g/cubic cm)

Here, m = 45 g , V = 11 cubic cm

We get;

$p= \frac{45}{11}$ = 4.09 $g/cm^3$

therefore, density of a material would be, $4.09 g/cm^3$

and its units is $g/cm^3$

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3 years ago

nikitadnepr [17]

Answer:

i am not so sure but I think its 10x = 33

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3 years ago