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yuradex [85]
3 years ago
15

Michael has just won some money on a game show! He has the option to take a lump sum payment of $700,000 now or get paid an annu

ity of $3,600 at
the beginning of each month for the next 20 years. Assuming the growth rate of the economy is 3.4% compounding annually over the next 20 years, which
is the better deal for Michael and by how much? (4 points)
Mathematics
1 answer:
Maslowich3 years ago
6 0

Answer:

Answer is B, the nominal rate is 3% and the interest rate is 1%

Step-by-step explanation:

You might be interested in
one number is 4 times a first number. a third number is 100 more thann the first number. if the sum of the three numbers is 562,
Anuta_ua [19.1K]

The numbers are 77 , 177 and 308 .

Numbers are the building blocks in mathematics. It is an arithmetic value that is used to represent a quantity. Real numbers , integers , natural numbers, whole numbers , irrational numbers are are various types of numbers.

Let us consider the first number to be x . Then the second number is 4x+100 , and the third number is 100 more than the first number. Therefore the the sum of the three numbers will be:

x+4x+(x+100)=6x+100

Now the sum of all the numbers is 562.

Therefore we can write a linear equation in x to find the values of x.

∴ 6x+100=562

or, 6x = 562 - 100

or, 6x = 462

or, x = 462 ÷ 6

or, x = 77

Therefore the second number is 4x = 4 × 77 = 308 and the third number is x + 100 = 77 + 100 = 177 .

So the numbers are 77 , 177 and 308 .

To learn more about numbers visit:

brainly.com/question/17429689

#SPJ9

3 0
1 year ago
Help w/math problem please!!! :)
Mars2501 [29]
Answers: 
a.) 17t + 200
b.) 93 minutes

Explanation:
The initial volume of the pond is 200 gallons, so that is the y-intercept and included in the equation. The rate of 17 gal/min is written as 17t if t = time. 
The full equations is 17t + 200. 

To find when the pond will fill up you simply make 1781 equal to the equation:
1781 = 17t + 200 
Then solve for t:
1781 – 200 = 17t + 200 – 200
1581 = 17t 
1581 ÷ 17 = 17t ÷ 17
93 = t
8 0
3 years ago
What is the length of MN?<br> 52 units<br> 6 units<br> 4 units<br> 10 units<br> PLEASE HELP
Sladkaya [172]

Answer:

  √52 units

Step-by-step explanation:

The segment MN is the hypotenuse of a right triangle that is 6 units wide and 4 units high. The Pythagorean theorem tells you its length is ...

  MN = √(6² +4²) = √(36 +16)

  MN = √52

6 0
2 years ago
Solve<br> -3.5 x 0.2 =<br> -0.7<br> -7.0<br> -33
charle [14.2K]

Answer:

-3.5 x 0.2 = -0.7 - 7.0 -33

-0.7 = -40.7

= -40

Hope this helps.

3 0
3 years ago
Read 2 more answers
If f(x, y, z) = x sin(yz), (a) find the gradient of f and (b) find the directional derivative of f at (2, 4, 0) in the direction
valentina_108 [34]

Answer:

a) \nabla f(x,y,z) = \sin{yz}\mathbf{i} + xz\cos{yz}\mathbf{j} + xy \cos{yz}\mathbf{k}.

b) Du_{f}(2,4,0) = -\frac{8}{\sqrt{11}}

Step-by-step explanation:

Given a function f(x,y,z), this function has the following gradient:

\nabla f(x,y,z) = f_{x}(x,y,z)\mathbf{i} + f_{y}(x,y,z)\mathbf{j} + f_{z}(x,y,z)\mathbf{k}.

(a) find the gradient of f

We have that f(x,y,z) = x\sin{yz}. So

f_{x}(x,y,z) = \sin{yz}

f_{y}(x,y,z) = xz\cos{yz}

f_{z}(x,y,z) = xy \cos{yz}.

\nabla f(x,y,z) = f_{x}(x,y,z)\mathbf{i} + f_{y}(x,y,z)\mathbf{j} + f_{z}(x,y,z)\mathbf{k}.

\nabla f(x,y,z) = \sin{yz}\mathbf{i} + xz\cos{yz}\mathbf{j} + xy \cos{yz}\mathbf{k}

(b) find the directional derivative of f at (2, 4, 0) in the direction of v = i + 3j − k.

The directional derivate is the scalar product between the gradient at (2,4,0) and the unit vector of v.

We have that:

\nabla f(x,y,z) = \sin{yz}\mathbf{i} + xz\cos{yz}\mathbf{j} + xy \cos{yz}\mathbf{k}

\nabla f(2,4,0) = \sin{0}\mathbf{i} + 0\cos{0}\mathbf{j} + 8 \cos{0}\mathbf{k}.

\nabla f(2,4,0) = 0i+0j+8k=(0,0,8)

The vector is v = i + 3j - k = (1,3,-1)

To use v as an unitary vector, we divide each component of v by the norm of v.

|v| = \sqrt{1^{2} + 3^{2} + (-1)^{2}} = \sqrt{11}

So

v_{u} = (\frac{1}{\sqrt{11}}, \frac{3}{\sqrt{11}}, \frac{-1}{\sqrt{11}})

Now, we can calculate the scalar product that is the directional derivative.

Du_{f}(2,4,0) = (0,0,8).(\frac{1}{\sqrt{11}}, \frac{3}{\sqrt{11}}, \frac{-1}{\sqrt{11}}) = -\frac{8}{\sqrt{11}}

6 0
3 years ago
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