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Virty [35]
3 years ago
10

Keith wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.8% interest, compounded quar

terly. Payments will be made at the end of each quarter. Find the total value of the annuity in 5 years if each quarterly payment is $851.
Mathematics
1 answer:
I am Lyosha [343]3 years ago
6 0

Answer: On each, first identify as a Future Value annuity or Present Value annuity. Then answer the question. 1) How much money must you deposit now at 6% interest compounded quarterly in order to be able to withdraw $3,000 at the end of each quarter year for two years?

Step-by-step explanation: hope this helps

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How many students studied for exactly 2 hours?<br> A. 0 B. 2 C. 4 D. Not enough information
Savatey [412]

Answer:

its C 4

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Suppose you are determining the growth rate of two species of plants. Species A is 25 cm tall and grows 3 cm per month. Species
jarptica [38.1K]
If the growth rate is a constant, we can model it using a linear equation:

y = b + ax

where b = initial value, a = growth rate.
In this case, x = m = number of months.

Let's find the equation for the growth of each species.

Species A:
Initial height = b = 25 cm
Growth rate = a = 3 cm per month
So its height can be modeled by H(m) = 25 + 3m

Species B:
Initial height = b = 10 cm
Growth rate = a = 8 cm per month
So its height can be modeled by H(m) = 10 + 8m

Thus the answer is A: H(m) = 25 + 3m and B: H(m) = 10 + 8m.
7 0
3 years ago
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Please help me with my math question!!!!
levacccp [35]

Answer:

No.

Step-by-step explanation:

It is because a line is said to be perpendicular to another line if the two lines intersect at a right angle or at 90° and the two lines in the graph does not intersect at 90° angle..

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5 0
3 years ago
Why is it important to reduce radicals
OleMash [197]
Simplifying radical expressions expression is important before addition or subtraction because it you need to which like terms can be added or subtracted. If we hadn't simplified the radical expressions, we would not have come to this solution. In a way, this is similar to what would be done for polynomial expression.
7 0
2 years ago
A scientist needs 4.8 liters of a 12% alcohol solution. She has available a 22% and a 10% solution. How many liters of the 22% a
yanalaym [24]

Answer:

  • 4.0 L of 10%
  • 0.8 L of 22%

Step-by-step explanation:

For mixture problems, it is convenient to define a variable to represent the amount of the greatest contributor. Let x represent the amount of 22% solution in the mix. Then 4.8-x is the amount of 10% solution.

The amount of alcohol in the mix is ...

  0.22x +0.10(4.8-x) = 0.12(4.8)

Eliminating parentheses, we have ...

  0.22x -0.10x +0.10(4.8) = 0.12(4.8)

Subtracting (0.10)(4.8) and combining x-terms gives ...

  0.12x = 0.02(4.8)

  x = (0.02/0.12)(4.8) = 0.8 . . . . . divide by the x-coefficient

The scientist needs 0.8 L of 22% solution and 4.0 L of 10% solution.

5 0
3 years ago
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