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-Dominant- [34]
3 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]3 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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Answer:

The last one (-1,5)

Step-by-step explanation:

From (0,0), the R coordinate is one to the left meaning the x is negative and five up which means the y is positive 5 so... (-1,5) is the new location of R.

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* NOTICE THIS IS A 2 PART QUESTION
blondinia [14]

Answer: you would have to purchase $1300 of merchandise and the total yearly amount paid to the warehouse for each plan is $1210

Step-by-step explanation:

Let x represent the number of dollars of merchandise that you would have to purchase in a year to pay the same amount under both plans.

Plan A offers an annual membership fee of $300 and you pay 70%, of the manufacturers reccomended list price. This means that the total cost of using plan A would be

300 + 0.7x

Plan B offers an annual membership fee of $40 and you pay 90% of the manufacturers reccomended list price.

This means that the total cost of using plan B would be

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The total yearly amount paid to the warehouse for each plan would be

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6 0
3 years ago
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harina [27]

Answer:

The distance between A and B is 2.6

Step-by-step explanation:

We know that there are 2 whole numbers from -1 to 0 and 0 to 1. Then we can add the 0.3 from both sides. 0.3 plus 0.3 is 0.6.

I hope this helped and if it did I would appreciate it if you marked me brainliest, thank you and have a nice

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