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-Dominant- [34]
2 years ago
10

A donor gives $100,000 to a university, and specifies that it is to be used to give annual scholarships for the next 20 years. I

f the university can earn 4% interest, how much can they give in scholarships each year?
Mathematics
1 answer:
saul85 [17]2 years ago
5 0

9514 1404 393

Answer:

  $7,358

Step-by-step explanation:

Assuming the interest is compounded annually, the amortization formula is useful here.

  A = Pr/(1 -(1+r)^-t)

A is the annual scholarship, P is the principal invested at rate r for t years.

  A = $100,000(0.04)/(1 -1.04^-20) = $7,358.18

The university could give $7,358 in scholarships each year.

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I need some help please
MariettaO [177]
Ok so what you will do is 3-18 then you will add 1 and make is to 400X1
4 0
3 years ago
Suzy is starting a babysitting buisness. She spent $ 36 to make signs to advertise. She charges and intial fee of $ 6 and then $
timofeeve [1]

Answer:

3h - 30 > 0

h > 10

Step-by-step explanation:

To make a profit, subtract $36 in cost from the income coming in.

She charges $6 and then $3 per hour or 3h. Her income coming in is 6 + 3h.

Subtract 36 from it to find the profit.

3h + 6 - 36

3h - 30

To make a profit, she needs to make more than $0 or > 0.

3h - 30 > 0

Solve using inverse operations.

3h - 30 > 0

3h > 30

h > 10

3 0
3 years ago
Jack divided 1,826 by to get a quotient of 18.265
lianna [129]

Answer:

its 100

Step-by-step explanation:

7 0
2 years ago
If the sum of six consecutive even integers is 390 what is the smallest of the six integers
saveliy_v [14]
The answer is 60 but im going to explain it down below if you want to know how to do it :)

first because we dont know the values of the 6 numbers we have to lay it out like this.
x
x+2
x+4
x+6
x+8
x+10
-------- (then we add it together)
6x+30 = 390 (the sum of the 6 numbers)

using this equation we find out what x is 

so we do 390-30 to find what 6x is, which is 360
because now we know that 6x=360, we divide 360 by 6 to find out what x is
360 divided by 6 =60..... x = 60

so now we know that the smallest integer is 60
to check the answer we could add the 6 numbers which are:
60+62+64+66+68+70=390 :)

so the smallest integer is 60

5 0
3 years ago
What is the value of the x?
Ronch [10]

Answer:

53

Step-by-step explanation:

37+90=127

180-127=53

7 0
3 years ago
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