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Alekssandra [29.7K]
2 years ago
13

Your uncle won the powerball jack[ot and decided to give you 50000 dollars. You want to save this money for college so you find

an investment that has an anual interest rate of 3.75% and is compounded weekly. How much money will you have for college in 4 years
Mathematics
1 answer:
Ahat [919]2 years ago
7 0

Answer: $58,088.57

Step-by-step explanation:

The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:

Interest rate is yearly so:

= 3.75%/52

= 3.75/52% per week

Number of periods is 4 years so:

= 4 * 52

= 208 weeks

Future value in 4 years is:

= 50,000 * ( 1 + 3.75/52%)²⁰⁸

= $58,088.57

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How in the world do I answer this problem??​
galben [10]

Answer:

22

Step-by-step explanation:

ST is y and SU is 2y-4.

Note that SU = ST + TU = y + 18

So we have 2y - 4 = y + 18

2y - 4 = y + 18

2y      = y + 22

y        = 22

So ST is 22.

:)

4 0
3 years ago
A group of 727272 people travel to the beach for a clean-up day. Some of the people bring their own supplies (such as gloves, wa
Leno4ka [110]

Answer:

b+p=72

Or

p=72-b

Step-by-step explanation:

We can represent this situation with an equation that shows that when b and p are added, then the total number of people will be 72

The number of people who bring supplies = b

The number of people, to whom supplies are provided = p

We get ;

b+p=72

Or

p=72-b

7 0
3 years ago
Read 2 more answers
Starbucks reports net income for 2015 of $2,634.4 million. Its stockholders' equity is $5,605 million and $6,151 million for 201
ExtremeBDS [4]

Answer:

A. 44.82%

B.

Option b. Return On Equity usually increases since the repurchase of shares reduces the denominator (avg. stockholders' equity)

C.

Option b. The Companies would tend to repurchase their own stock if they feel the stock is been undervalued by the market

Step-by-step explanation:

a. Computation for return on equity for 2015

Using this formula

Return on equity = The Net income amount /The Average stockholders' equity amount

Let plug in the formula

Return on equity=2,634.4/[(5,605+6,151)/2]

Return on equity=2,634.4/(11,756/2)

Return on equity=2,634.4/5,878

Return on equity=0.4482×100

Return on equity= 44.82%

b. In a situation where they repurchased over $1.4 billion of its common stock in the year 2015 this means that the RETURN ON EQUITY will usually tend to increases reason been that the repurchase of shares will often reduces the denominator (average stockholders' equity)

Therefore the repurchase increase Starbucks’ Return On Equity.

c. In a situation where Starbucks had not repurchased common stock in the year 2015, what their Return On Equity would have been is that they will repurchase their own stock if they feel the stock is been undervalued by the market

6 0
3 years ago
Degrees Celsius and degrees Fahrenheit are related by C=5/9(F-32).What is F in terms of C?
valina [46]

We are given: Degrees Celsius and degrees Fahrenheit are related by formula

C=\frac{5}{9} (F-32)

To find : Solve formula for F in terms of C.

Solution: We have , C=\frac{5}{9} (F-32)

First we need to get rid 9 from right denominator.

In order to get rid 9 from right denominator, we need to multiply equation both sides by 9.

9*C=9*\frac{5}{9} (F-32)

9C = 5 (F-32).

Distributing 5 on right side over (F-32), we get 5*F - 5*32 = 5F - 160.

9C = 5F - 160.

Adding 160 on both sides,

9C+160 = 5F - 160+160.

9C+160 =5F

Dividing both sides by 5, we get

(9C+160)/5 =5F/5.

\frac{9C+160}{5}=F

Splitting fraction 1/5, we get

F= \frac{1}{5} (9C+160).




4 0
3 years ago
What is the area of this composite
padilas [110]

Step-by-step explanation:

It's 27

Your welcome!!!!

6 0
3 years ago
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