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Luba_88 [7]
3 years ago
6

Find the present value that will grow $1000 if the annual interest rate is 7.5% compounded quarterly for 5 years

Mathematics
1 answer:
Reil [10]3 years ago
3 0

Answer:

911.3010934

Step-by-step explanation:

Formula:

A = P(1 + r/4)^n

In this case:

A = 100

P = ?

R = .075 (7.5%)

N = 5

---

1000 = P(1+.075/4)^5

1000 = P(1.01875)^5

1000 = P(1.097332163)

1000/1.097332163 = P

P = 911.301

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Evaluate 2x+5.6 x=1.4
Y_Kistochka [10]

Answer:

8.4

Step-by-step explanation:

<u>Step 1:  Set the value of x to 1.4</u>

2x + 5.6

2(1.4) + 5.6

2.8 + 5.6

8.4

Answer:  8.4

6 0
3 years ago
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What is the greatest common prime factor of 24 and 32?
dmitriy555 [2]

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Answer:

  2

Step-by-step explanation:

The only prime factor of 32 is 2. It is also a factor of 24, so ...

  2 is the greatest prime factor of 24 and 32.

8 0
3 years ago
Write the equation and slope intercept form: y-4=2(x+3)
Reika [66]

Answer:

y = 2x + 10

Step-by-step explanation:

Remember, slope-intercept form is:

y = mx + b

where m is the slope and b is the y-intercept.

To write the equation in slope-intercept form, we can just solve the equation for slope-intercept form.

y - 4 = 2(x + 3)

Distribute the 2 on the right side.

y - 4 = 2x + 6

Add 4 to both sides.

y = 2x + 10

Notice, now we have the equation in slope-intercept form.

I hope this helps. Happy studying.

5 0
3 years ago
Which is greater 7% or 7/10
Aliun [14]
7/10 because it equals 70 percent
3 0
3 years ago
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Mark had $436. chris has $86 less than mark.write an expression to show how much money chris actually had
Nikitich [7]

We have been given that Mark had $436.

Further, we are given that Chris has $86 lesser than what mark had.

Let us assume that Chris has $x. Therefore, we can set up an equation:

(Amount Chris had) + $86 = (Amount Mark had)

x+86=436

Upon subtracting 86 from both the sides, we get:

x=436-86

Therefore, the required expression that represent the amount of money that Chris had is 436-86.


7 0
3 years ago
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