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MAXImum [283]
3 years ago
14

Ricky Bobby wants to buy a new automobile for $55,000 in 8 years. How much money must Ricky's original investment be if he makes

a single deposit into an account with monthly compounding and an annual interest rate of 3.90% in order to reach his goal? Round your answer to the nearest cent.
Mathematics
1 answer:
laila [671]3 years ago
4 0

Answer:

PV= $40,279.36

Step-by-step explanation:

Giving the following information:

Number of periods= 8*12= 96 months

Interest rate= 0.039/12= 0.00325

Future value (PV)= $55,000

<u>To calculate the initial investment, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 55,000 / (1.00325^96)

PV= $40,279.36

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can someone please answer this. like seriously answer it. i’m failing math and i need to bring my grade up.
sp2606 [1]

Answer:

They would need approximately 20 gallons of paint for the water tower, so yes, 25 gallons would be enough.

Step-by-step explanation:

In order to find out if there is enough paint for the surface area of the sphere, you need to first find the radius of the object so you can determine the measure of the entire surface area.  Since they give us the volume, we can use that to solve for the radius using the volume formula:  V = \frac{4}{3}πr³  or 66840.28 = \frac{4}{3}πr³.  Using inverse operations, you can first multiply both sides of the equation by the reciprocal of 4/3 or 3/4, then divide by π, this gives you 15,965 = r³.  In order to find 'r', take the cube root of both sides:  ∛15965 = ∛r³  or r ≈ 25.

Now that you know radius = 25, you can use the formula for surface area:  SA = 4πr²  or 4π(25)² ≈ 7850 ft².  Since one gallon of paint covers 400 square feet, we can take our total and divide by 400 to find the number of gallons:  7850 ÷ 400 ≈ 19.6.  In total, we would need 19.6 gallons of paint for the water tower, so if there are 25 gallons available, there is enough.

6 0
3 years ago
1+2+3+4+5+6+7+8+9+10+11+12+13+14+15+16+17+18+19+20+21+22+23+24+25+26+27+28+29+30=
Finger [1]

Answer: 465

Step-by-step explanation: thx for the free points :)

7 0
3 years ago
Help picture below problem 10
DedPeter [7]

<u>Solution</u><u> </u><u>:</u><u>-</u>

Here, we have been given that lines f and g are parallel. Thus, the angle measuring 135° and ∠2 are vertically opposite angles.

And we know that vertically opposite angles measure same. Thus,

∠2 = 135°

And,

∠2 + ∠6 = 180° ( Co - interior angles sum up to 180° )

135° + ∠6 = 180°

∠6 = 180° - 135°

∠6 = 45°

Hope that helps :)

4 0
3 years ago
Building A is 200 ft. Shorter than building B. The total height of the two buildings is 1520 ft. Find the height of each buildin
sergij07 [2.7K]
So you divide by 2 because there is 2 buildings. You get 760. Now, just take 200 away from one building, and 200 away from the other, and you get 560 for Building A, and 960 from Building B.
3 0
4 years ago
Read 2 more answers
PLEASE HELP WITH THIS SHORT QUESTION. BEST REASONING WILL GET LOTS OF POINTS AN WILL BE MARKED BRAINIEST!
egoroff_w [7]

Answer:

the numbers closest the the right are the bigger numbers, and the ones to the left are the smaller numbers

6 0
3 years ago
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