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3 years ago

V(t)=27,500(0.90)t. Find the value after 11 years

Mathematics

1 answer:

Alika [10]3 years ago

4 0

Answer:

8,630

Step-by-step explanation:

$V(t) = 27,500(0.90)^t$

$V(11) = 27,500(0.90)^{11}$

$V(11) = 27,500(0.3138)$

$V(11) = 8,630$

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Answer:

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3 years ago

Read 2 more answers

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Anastaziya [24]

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3 years ago

If you need $8000 to travel to Europe after you graduate in 4 year. How much would your monthly deposits need to be if your acco

lina2011 [118]

$\bf \qquad \qquad \textit{Future Value of an ordinary annuity}\\
\left. \qquad \qquad \right.(\textit{payments at the end of the period})
\\\\
A=pymnt\left[ \cfrac{\left( 1+\frac{r}{n} \right)^{nt}-1}{\frac{r}{n}} \right]$

$\bf \qquad 
\begin{cases}
A=
\begin{array}{llll}
\textit{accumulated amount}\\
\end{array}\to &
\begin{array}{llll}
8000
\end{array}\\
pymnt=\textit{periodic payments}\\
r=rate\to 5\%\to \frac{5}{100}\to &0.05\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{monthly, thus twelve}
\end{array}\to &12\\
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\end{cases}$

$\bf 8000=pymnt\left[ \cfrac{\left( 1+\frac{0.05}{12} \right)^{12\cdot 4}-1}{\frac{0.05}{12}} \right]
\\\\\\
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3 years ago

Carmen saved 592 pennies. Her sister saved 128 pennies. Together, they put 250 pennies in wrappers and took them to the bank. Wh

Ne4ueva [31]

Answer:

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Step-by-step explanation:

Given that

Carmen saved 592 pennies.

Her sister saved 128 pennies.

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