The amount to be invested today so as to have $12,500 in 12 years is $6,480.37.
The amount that would be in my account in 13 years is $44,707.37.
The amount I need to deposit now is $546.64.
<h3>How much should be invested today?</h3>
The amount to be invested today = future value / (1 + r)^nm
Where:
- r = interest rate = 5.5 / 365 = 0.015%
- m = number of compounding = 365
- n = number of years = 12
12500 / (1.00015)^(12 x 365) = $6,480.37
<h3>What is the future value of the account at the end of 13 years?</h3>
Future value = monthly deposits x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5.3 / 12 = 0.44%
- n = 13 x 12 = 156
200 x [{(1.0044^156) - 1} / 0.0044] = $44,707.37
<h3>What should be the monthly deposit?</h3>
Monthly deposit = future value / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = 6.7 / 12 = 0.56%
- n = 2 x 12 = 24
$14,000 / [{(1.0056^24) - 1} / 0.0056] = $546.64
To learn more about annuities, please check: brainly.com/question/24108530
#SPJ1
Answer: choice 2) SAS
AB = DE is one pair of congruent sides that forms the first S in SAS. The other S in SAS refers to the pair of congruent sides BC = EF. The A in SAS is the angle pair angle B = angle E. Note how angle B and angle E are between the two pairs of congruent sides. The order of the letters matters because SAS is different from SSA, which is not a valid congruence argument. Check out the attached image.
14 (inches) times 4 = 56 inches which would be 4.6 feet tall
To solve this problem, just use multiplication.
You can somewhat think of this situation as a sort of tree. You start with 7 large branches representing the pants, then for every one of those you have 3 medium-sized branches to represent the pairs of pants. Each one of those has 5 sticks for the ties, which in turn each have 6 leaves to represent the jackets and therefore a complete outfit. The solution is found by getting the total number of leaves on the tree.
Answer: The measure of <1 is 90
Hope this helps:)