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3 years ago

Manuel has $50 in his bank account. Starting this week, he will deposit $30 into the

Mathematics

2 answers:

adoni [48]3 years ago

8 0

8 weeks because $50+$30 is $80. $80-$320 is $240.split $240 into 8 separate payments of $30

ad-work [718]3 years ago

5 0

Answer:

9 weeks

Step-by-step explanation:

50+ (30x9)=320

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PLEASEEE HELPPP I'LL GIVE BRAINLIEST

pantera1 [17]

Answer:

x=60°

Step-by-step explanation:

180 - 90 = 90

90 - 30 = 60

x=60

6 0

3 years ago

ASAP please I need help

Anna007 [38]

In this problem, you are looking at a pair of similar trapezoids. So we must be looking for a ratio between a side in the smaller trapezoid and the corresponding side in the bigger trapezoid. We are given the lengths of AB and EF, which we can use to find this ratio.
But before we do anything we must convert units so that all units are the same. Let's convert the 60 feet into inches. 60 feet is 720 inches.
Next, set up the ratio I mentioned earlier. If we set up the ratio so that it is smaller:larger, we would get 4:720, which simplifies to 1:180. Basically what this ratio says is that every 1 inch in the smaller trapezoid corresponds to 180 inches in the bigger trapezoid. Now we can use this ratio to find the lengths of the sides in the bigger trapezoid. Just multiply all the lengths of the smaller trapezoid by 180 to get the lengths for the bigger trapezoid. Finally, when we have all our side lengths, divide them all by 12 (because 12 inches in 1 foot) to get the measurements in feet.

From here, I'll let you find the total length yourself.

6 0

3 years ago

How Much Have I Saved? Portfolio

avanturin [10]

The time value of money calculation can be performed using formula equations or online calculators.

The correct responses are;

1) Option 3

2) Option 2

3) The difference in principal is approximately $8,000

The difference in interest earned is approximately $2,977.87

4) It is better to invest more money at the beginning of the 30 years

Reasons:

Option 1: Present value = 0

Amount invested per month, A = $25/month

The Annual Percentage Rate, APR, r = 3.25%

Number of years = 30

The future value of an annuity is given by the formula;

$\displaystyle FV_{A} = \mathbf{A \cdot \left (\frac{ \left(1 + \frac{r}{m} \right)^{m\cdot t} - 1}{\frac{r}{m} } \right)}$

In option 1, m = 12 periods per year

Therefore;

$\displaystyle FV_{A} = 25 \times \left (\frac{ \left(1 + \frac{0.0325}{12} \right)^{12 \times 30} - 1}{\frac{0.0325}{12} } \right) \approx \mathbf{15,209.3}$

Contribution = $25 × 12 × 30 = $9,000

Total interest earned = $15,209.3 - $9,000 = $6,209.3

Final balance = $15,209.3

Option 2: Present value = 0

Amount, A = $75/quarter

m = 4 periods per year

The Annual Percentage Rate, APR = 4.00%

Therefore;

The effective interest rate is therefore;

$\displaystyle r_{eff} = \left(1 + \frac{0.04}{4} \right)^4 - 1 \approx \mathbf{0.04060401}$

$\displaystyle FV_{A} = 75 \times \left (\frac{ \left(1 + \frac{0.04060401}{4} \right)^{4 \times 30} - 1}{\frac{0.04060401}{4} } \right) \approx 17,437.7$

Using an online calculator, FV = $17,467.04

Contribution = $75 × 4 × 30 = $9,000

Total interest earned = $17,467.04 - $9,000 = $8,467.04

Final balance = $17,467.04

Option 3: Present value = $1,000

APR = 6.25%

m = 12 period per year

Number of years, t = 30 years

Therefore;

$\displaystyle FV = \left (1 + \frac{0.0625}{12} \right)^{12 \times 30} \approx \mathbf{6,489.17}$

Contribution = $1,000

Total interest earned = $6,489.17 - $1,000 = $5,489.17

Final balance = $6,489.17

The table of values is therefore;

$\begin{tabular}{|c|c|c|c|}Option \# &Contribution &Total Interest Earned&Final Balance\\1&\$9,000&\$6,209.3 & \$15,209.3\\2&\$9,000&\$8,467.04 &\$17,467.04\\3&\$1,000&\$5,489.17&\$6,489.17\end{array}\right]$

1) The option that has the least amount invested are option 3

Option 3 investment plan is a present value of $1,000, invested for 30 years at 6.25% APR compounded monthly.

2) Option 2 yielded the highest amount at the end of 30 years, given that the APR is higher than the APR for option 1, although the amount invested over the period are the same.

The basis of option 2 investment plan is $75 invested quarterly at 4.00% APR compounded monthly for 30 years.

3) The difference in the principal invested for the highest and lowest final balance is $9,000 - $1,000 = $8,000

The difference in the interest earned is; $8,467.04 - $5,489.17 = $2,977.87

4) In option 1 the present value is zero, therefore zero amount was invested at the beginning.

The interest to investment ration is 6,209.3:9,000 ≈ 0.7:1

In option 3, all the money was invested at the beginning.

The interest to investment ratio of option 3 is; 5,489.17:1,000 ≈ 5.5:1

Given that the interest to investment ratio, which is the return on investment is larger when more money is saved at the beginning as in option 3, it is better to invest more money at the beginning.

Learn more about future value of an annuity here:

brainly.com/question/8243704

3 0

3 years ago

Dan invests £1200 into his bank account. He receives 5% per year compound interest. How much will dan have after5 years?

solmaris [256]

Answer:

Dan will have $1,531.53 after 5 years.

Step-by-step explanation:

To find the answer, you can use the following formula to calculate the future value:

F= P(1 + r)^t

F= Future value

P= Present value= 1200

r= rate of interest= 5%

t= time= 5

F=1200(1+0.05)^5

A=1200(1.05)^5

A=1531.53

According to this, the answer is that Dan will have $1,531.53 after 5 years.

7 0

3 years ago

I don't get this question lol

Papessa [141]

Multiply the x values by -1/2, and then add three, that will give you the y values

7 0

3 years ago