Answer:
Javier's parents set aside $1500 when he was born
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
In this question, we have that:
We have to find P. So
Javier's parents set aside $1500 when he was born
Answer: 0.72/20; 1.98/20; 17.3/20
0.036 * 10/10 = 0.36/10 * 2/2 = 0.72/20
0.099 * 10/10 = 0.99/10 * 2/2 = 1.98/20
0.865 * 10/10 = 8.65/10 * 2/2 = 17.3/20
Answer:
90
Step-by-step explanation:
Distance of A from cliff = 1500·arctan(30°) ≅ 723.5 ft
distance of B from cliff = 723.5+1000√3 ≅ 2455.6 ft
tanθ = 2455.6/1500 = 1.637
θ = arctan(1.637) ≅ 58.6°
angle of depression = 90-θ ≅ 30°
Answer:
FV= $634.12
Step-by-step explanation:
Giving the following formula:
Initial investment (PV)= $500
Number of periods (n)= 3*4= 12 quarters
Interest rate (i)= 0.08/4= 0.02
<u>To calculate the future value, we need to use the following formula:</u>
<u></u>
FV= PV* (1 + i)^n
FV= 500*(1.02^12)
FV= $634.12
