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stira [4]
3 years ago
10

An investor deposits $825 into a retirement account that pays 6.5% simple annual interest. If no additional investment is made,

how much interest should the investor expect at the end of 4 years?
Mathematics
2 answers:
snow_lady [41]3 years ago
6 0

Answer:

What is the answer

Step-by-step explanation:

andrey2020 [161]3 years ago
6 0

Answer:

225.7

Step-by-step explanation:

You might be interested in
A manager is comparing the cost of buying ball caps with the team emblem from two different companies. Company X charges a $50 f
Nady [450]

Answer:

10 ball caps

Step-by-step explanation:

In this question, we are trying to know the number of caps the manger would buy that would equate the cost at both companies.

How do we get this?

Since we do not know the number of caps, let’s assign a variable. Let the number of caps that is required be x. Let’s now make some costings in terms of x. We proceed;

Company X charges $50 fee plus $7 per cap. Total amount company X will charge on x caps will be; $50 + $7(x) = $50 + $7x

Company Y will charge $30 plus $9 per cap. Total amount company Y will charge on x caps will be $30 + $9(x) = $30 + $9x

We are trying to look at the value of x that will make both costs equal. What we do is to equate both costs.

30 + 9x = 50 + 7x

We simply by taking like terms to the same sides

9x-7x = 50-30

2x = 20

x = 20/2 = 10

X = 10

So what this means is that manger has to buy 10 caps to have the same cost in both companies

3 0
3 years ago
Find the value of p using trigonometry.
gtnhenbr [62]

Answer:

47.856

Step-by-step explanation:

We will use

SOH

CAH

TOA

to solve this

we have the adjacent length, but need the hypotonouse

which means that we will use CAH

we have

cos(43)= 35/p

solve for p

47.856

5 0
3 years ago
PLEASE HELP ASAP PLSSSSS!!!
Paladinen [302]

Answer:

143 degrees

Step-by-step explanation:

First find angle ACB which is 180-83=97

Then angle ABC which is 180-134=46

Then angle CAB (97+46)-180=37

Finally angle HAB 180-37=143

7 0
3 years ago
Read 2 more answers
Kiley gathered the data in the table. She found the approximate line of best fit to be y = 1.6x – 4. A 2-column table with 5 row
Dimas [21]

Answer:

The residual value is -1.8 when x = 3

Step-by-step explanation:

We are given the following table

x     |    y

0    |   -3

2    |    -1

3    |    -1

5    |    5

6    |    6    

Residual value:

A residual value basically shows the position of a data point with respect to the line of best fit.

The residual value is calculated as,

Residual value = Observed value - Predicted value

Where observed values are already given in the question and the predicted values are calculated by using the equation of  line of best fit.

y = 1.6x - 4

When we substitute x = 3 in the above equation then we would get the predicted value.

y = 1.6x - 4 \\\\y = 1.6(3) - 4 \\\\y = 4.8 - 4 \\\\y = 0.8

So the predicted value is 0.8

From the given table, the observed value corresponding to x = 3 is -1

So the residual value is,

Residual value = Observed value - Predicted value

Residual value = -1 - 0.8

Residual value = -1.8

Therefore, the residual value is -1.8 when x = 3

Note: A residual value closer to 0 is desired which means that the regression line best fits the data.

5 0
3 years ago
Read 2 more answers
Please show work!
barxatty [35]
Okay. So the formula for the amount of time is I / Pr, meaning you multiply the principal and the rate in decimal form together, and you divide the amount of interest by that number. The formula for finding the interest rate is I / Pt, meaning you multiply the principal and time, and the you divide the amount of interest by that number. With a decimal, be sure to multiply by 100 to get the whole percentage. With that being said, if you solve this correctly, here are your answers.

Principal: $6,631
Interest Rate: 8.05%
Time: 33 months
Simple Interest: $1,467.94

Principal: $884,706
Interest Rate: 5.42%
Time: 40 months
Simple Interest: $159,931

Note: For times in months, you'll have to do some conversion into decimals, but you know that 12 months equal 1 year, so you can divide the time period by 12. For the second part, I happened to get 5.43% when I worked it out, but a calculator happened to round off to 5.42%, so it's a bit confusing, but those are the answers.
3 0
3 years ago
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