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frozen [14]
3 years ago
6

How much would you need to deposit in an account now in order to have $3000 in the account in 15 years? Assume the account earns

3% interest compounded monthly.
Mathematics
1 answer:
Rzqust [24]3 years ago
7 0

Answer:

Principal = Total ÷ (1 + Rate)^years

That formula is found here: http://www.1728.org/compint2.htm

Principal = 3.000 / (1.03) ^ 15

Principal = 3.000 / 1.5579674166

Principal = $1,925.59

Step-by-step explanation:

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erastovalidia [21]

ummm i think is bussin dems toes, but im not sure

7 0
3 years ago
John wishes to pay off his car loan of $4,626 in 18 months. How much will his monthly payment be assuming he pays the same amoun
nydimaria [60]

Answer: $257 per month

Explanation:

Pay = monthly payment

Set the total cost equal to number of months times payment per month (which you would leave as a variable because that’s what you’re solving for).

4,626 = 18P

Divide both sides by 18 because you’re trying to isolate the P.

4,626 = 18P —-> 257 = Pr

This leaves you with an evenly split number of 257.

3 0
3 years ago
To put a narrow border around a square photo, Alicia has 32 inches of trim. The area of the photo is 60 square inches. Will she
dybincka [34]

Check the picture below.

let's recall that a square has all equal sides, so the perimeter of the square is about 31, and Alicia has 32 inches of trim, so she's golden.

3 0
3 years ago
Read 2 more answers
What is the location of point g, which partitions the directed line segment from d to f into a 5:4 ratio? a number line goes fro
Zarrin [17]

Using proportions, according to the ratio of the partition, it is found that the location of point g is at 3.

<h3>What is a proportion?</h3>

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

In this problem, point g partitions the directed line segment from d to f into a 5:4 ratio, hence:

g - d = \frac{5}{9}(f - d)

We have that d = -2 and f = 7, hence:

g - d = \frac{5}{9}(f - d)

g + 2 = \frac{5}{9}(7 + 2)

g + 2 = 5.

g = 3.

More can be learned about proportions at brainly.com/question/24372153

#SPJ4

4 0
2 years ago
50 points and brainliest!
lora16 [44]

Answer:

Step-by-step explanation:

\frac{27^{1/3b}}{9^{1/2a}}

We know that 27^(2/3) = 9. So:

= \frac{27^{1/3b}}{27^{1/3a}}

note: 9^(1/2a) = 9^((2/3)(1/2)(a)) = 27^(1/3a)

= 27^{1/3b-1/3a}=27^{1/3(b-a)} = 27^{1/3(2))} = 9

9 is the answer

3 0
3 years ago
Read 2 more answers
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