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likoan [24]
3 years ago
10

Nicholas is currently in eighth grade and intends to attend a state college when he finishes high school. Nicholas’s parents cur

rently have some money invested in mutual funds, but would like to invest this money in a more secure investment now to pay for college in 4 years. If they will need $25,000, how much do Nicholas’s parents have to invest now in a 48month CD that has a rate of 4.59% compounded monthly?
Mathematics
2 answers:
Juliette [100K]3 years ago
7 0

Answer:

20,814.00

これがお役に立てば幸いです。また、良い一日をお過ごしください

egoroff_w [7]3 years ago
4 0

Answer: he has 10 monthly

Step-by-step explanation:

see from the question

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love history [14]
Ok here is what I think.
Let us first number these statements, as #1, and #2.
First statement: 3x + 8y = 12 (1)
Second Statement: 2x + 2y = 3 (2)
Now, we can work from this.
We want to make one of the equations be equal to 0 so that at the end when we check they can be equal to each other.
Let us use 4.
3x+8y=12      1-8x-8y=-12    2
This gives us:-5x = 0          
Now we should try and isolate x so we can substitute it into one of the equations.
We have -5x=0
and x=0
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8y=12
y=12/8
y=3/2
Plug in these new equations
y=3/2 and y=0 into any of the first equations
 3x+8y=12                3(0)+8(3/2)= 12       8(3/2)=12                 4(3)=12                    12=12                           
Now we know it works, thats our check^^
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Katyanochek1 [597]

Answer:

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Step-by-step explanation:

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