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AVprozaik [17]
3 years ago
13

Ted earned $4,300 from his summer internship that he plans to invest so that he can buy a used car after three years. Ted choose

s a bank that offers 5.5% compounded quarterly. Can Ted buy a car that costs $4,700 after three years? Round your numbers to the nearest cent.
Mathematics
1 answer:
olganol [36]3 years ago
8 0

Answer: Yes he will be

Step-by-step explanation:

To find out if Ted can afford the car, find the future value of $4,300 in three years.

First convert the number of years and rates to quarterly values as this is the compounding period:

Term = 3 * 4 quarters = 12 quarters

Rate = 5.5% / 4 = 1.375% per quarter

Future value = Amount * ( 1 + rate) ^ term

= 4,300 * ( 1 + 1.375%)¹²

= $5,065.69

<em>Considering that Ted makes $5,065.69 in 3 years, he will be able to buy a car that costs $4,700.</em>

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Yuliya22 [10]
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Let's use 'v' for videos and 'c' for CDs.

The inequality that would represent this situation would be:

9v + 7c < 35

No, Satchi does NOT have enough money to buy 2 videos and 3 CDs.

5 0
3 years ago
Mr. Rivera can grade 18 math teat in 15minutes. What is the teachers unit rate?
Andru [333]

In this question, you're trying to find the unit rate in which the teacher can grade tests.

A unit rate is another word for "rate of change".

This means that we have to find how many tests the teacher could grade in 1 minute.

To find the unit rate, divide 18 by 15

18 ÷ 15 = 1.2

This means that Mr. Rivera can grade 1.2 tests in 1 minute.

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6 0
3 years ago
I am really confused on this question can someone help? I need an answer before Monday
masya89 [10]

9514 1404 393

Answer:

  1. Purchase fewer than 15 jerseys from Print It; purchase more than 15 jerseys from Top Print; purchase exactly 15 jerseys from any supplier
  2. Value Printing could charge a $15 one-time charge and $20 per jersey

Step-by-step explanation:

1. For x jerseys, the cost from Print It is $21 each, so ...

  p = 21x

The cost from Top Print is less per shirt, but has a set-up charge. Its cost can be modeled by ...

  t = 45 +18x

These two costs will be the same when ...

  p = t

  21x = 45 +18x

  3x = 45

  x = 15

Purchasing 15 shirts from either supplier will cost $21·15 = $315. The lower per-jersey cost at Top Print will come into play if more than 15 shirts are ordered.

  • Bill should order fewer than 15 shirts from Print It, and more than 15 shirts from Top Print.
  • An order of exactly 15 shirts will cost the same from any supplier.

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2. Value Printing wants their pricing to be somewhere between the prices of the other two shops. That means their per-jersey cost will be somewhere between $18 and $21, and their setup cost will be less than $45. It also means their cost for 15 jerseys must be exactly $315, as it is for both other shops.

If we choose a per-jersey cost of $20 for Value Printing, then the setup cost must be ($315 -$20×15) = $15 in order for the cost of 15 jerseys to match the cost at the other shops. With these choices, at Value Printing, ...

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8 0
3 years ago
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alisha [4.7K]

Answer:

40

Step-by-step explanation:

6=110 1=40 because it's not gonna be a higher character

7 0
3 years ago
Solve for x. Thanks!
Vladimir79 [104]

Answer:

x = \frac{2T}{nd} - a

Step-by-step explanation:

Multiply both sides by 2 to eliminate the fraction

2T = n(a + x)d

Since n and d are both multipliers, divide both sides by nd

\frac{2T}{nd} = a + x

Isolate x by subtracting a from both sides, hence

x = \frac{2T}{nd} - a

4 0
3 years ago
Read 2 more answers
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