1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marina CMI [18]
2 years ago
14

Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after the stated amount of

time. 7 years, at 3% per year, compounded annually.
Mathematics
1 answer:
tia_tia [17]2 years ago
8 0

Answer:

PV= $813.09

Step-by-step explanation:

Giving the following information:

Future Value (FV)= $1,000

Number of periods (n)= 7 years

Interest rate (i)= 3% compounded annually

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 1,000 / (1.03^7)

PV= $813.09

You might be interested in
Plz help I need it or I’m gonna fail this test
quester [9]

Answer:

-2

Step-by-step explanation:

I think this is the answer

4 0
2 years ago
Triangle ABC is graphed below with vertices at A (-4,5), B (-6, -4) and C (4,-4). Use the following rule to produce
guapka [62]

Step-by-step explanation:

A(-4, 5) => A'(-4+2, -5) = A'(-2, -5)

B(-6, -4) => B'(-6+2, -(-4)) = B'(-4, 4)

C(4, -4) => C'(4+2, -(-4)) = C'(6, 4)

Hence the new coordinates are A'(-2, -5), B'(-4, 4) and C'(6, 4).

7 0
3 years ago
Solve for x
Ulleksa [173]

Answer:

C. x = 1

Step-by-step explanation:

To solve this problem the best way is to use the quadratic formula. First make everything equal to 0 by adding 3 to both sides.

3x^2 - 6x + 3 = 0

The quadratic formula is: \frac{-b\pm\sqrt{b^2-4ac} }{2a}. Substitute the values of a, b, and c into the formula. Keep in mind:

  • a = 3
  • b = -6
  • c = 3

\frac{-(-6)\pm\sqrt{(-6)^2-4(3)(3)} }{2(3)} \rightarrow \frac{6\pm\sqrt{36-4(9)} }{6} \rightarrow \frac{6\pm\sqrt{0} }{6} \rightarrow \frac{1\pm0}{1} \rightarrow 1

Therefore, x = 1.

8 0
3 years ago
Classify each polynomial by the number of terms ( monomial, binomial, trinomial)
Mars2501 [29]

Answer:

1). monomial

2). binomial

3 0
2 years ago
A skateboard ramp is 40 feet long and rises from the ground at an angle of 33 degrees. How tall is the ramp?
olga_2 [115]

Answer:

The ramp is 21.8 ft tall.

Step-by-step explanation:

If you convert this into a triangle, 40 ft is the hypotenuse, 33° is the angle next to the right angle (on the horizontal line) and we need to find how tall the ramp is, which will be x. It is very helpful to draw a picture.

We will use the sine ratio because, starting from the given degree of 33, we have the hypotenuse value and need to find the value opposite the degree:

sine=\frac{opposite}{hypotenuse}

Insert values:

sin33=\frac{x}{40}

Multiply 40 to both sides to isolate the variable:

40(sin33)=40(\frac{x}{40})\\\\40*sin33=x\\\\x=40*sin33

Insert the value of x into a calculator:

x=21.7855614

Round if necessary:

x=21.8 ft

Done.

6 0
3 years ago
Other questions:
  • In the right triangle ABC,
    5·2 answers
  • In Val's class, the ratio of students who ate enchiladas for lunch to the students who ate tacos was 14:20. Which of the followi
    15·1 answer
  • Find the length of the hypotenuse of an isosceles right triangle whose legs are 1 unit in length.
    15·2 answers
  • Gina paints beach scenes on notecards. She sells packages of 8 notecards for $8 for one package, $16 for 2 packages, and $24 for
    10·1 answer
  • Here is another question that i need help on so here it is 6*5000 and here are the steps:
    7·1 answer
  • Help first one gets brainllest
    10·2 answers
  • Jenny bought four cookies for $2 each, and Lisa bought five cookies for $3 each. How much did the girls pay all together for the
    9·1 answer
  • Sasha had −$70.12 in her bank account on Monday. She deposited $100.50 on Tuesday. She then purchased some groceries for $27.13
    13·2 answers
  • Emma has 7 pens in a box. 5 of the pens are blue. 2 of the pens are red. emma takes at random a pen from the box and writes down
    9·1 answer
  • The product of 1/2 and 2/15 is a/an ________________.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!