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3 years ago

Help me out on this question

Mathematics

1 answer:

jeyben [28]3 years ago

5 0

Answer:

the third one

Step-by-step explanation:

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Find the amount necessary to fund the given with drawls. Quarterly withdrawals of $850 for 9 years with an interest rate of 4.4%

Lostsunrise [7]

Answer:

The principal amount necessary to fund is $573.31

Step-by-step explanation:

Given as :

The quarterly withdrawal amount = A = $850

The time period for withdrawals = t = 9 years

The rate of interest = r = 4.4% compounded quarterly

Let The principal amount necessary to fund = $p

Now, <u>From Compound Interest</u>

Amount = Principal × $(1+\frac{rate}{100\times 4})^{4\times time}$

Or, $850 = p × $(1+\frac{r}{100\times 4})^{4\times t}$

Or, $850 = p × $(1+\frac{4.4}{100\times 4})^{4\times 9}$

Or, $850 = p × $(1.011)^{36}$

Or, $850 = p × 1.4826

∴ p = $\frac{850}{1.4826}$

i.e p = $573.31

So,The principal amount necessary to fund = p = $573.31

Hence, The principal amount necessary to fund is $573.31 Answer

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4 years ago

Sales tax is _____.

Makovka662 [10]

Answer:

Step-by-step explanation:

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3 years ago

I will mark brainliest

Evgesh-ka [11]

Hello,
Please, see the attached file.
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3 years ago

How do you solve this answer

Dennis_Churaev [7]

Answer:

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Step-by-step explanation:

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4 years ago

Find the probability of rolling an even number and then rolling a 6 when a number cube is rolled twice. Enter your answer in sim

love history [14]

We could use the product rule of probabilities in solving this problem. For the first roll, the probability of getting an even number is 3 / 6 = 1/2. For the second roll, the probability of getting a 6 is 1/6. Multiplying both is 1/2 * 1/6 = 1/12.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

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4 years ago