1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
700 - d= 665. please help me
sleet_krkn [62]
Solutions 

700 - d = 665 

To solve the problem lets take out the letter d. 
⇒ Now we have 700 - 665 

700 - 665 = 35 
The letter d is 35 

Check your work 

700 - 35 = 665 

the answer is correct 


8 0
3 years ago
Read 2 more answers
The price of a shoes as reduced from 60 to 45. by what percentage was the price of the shoes reduced?
sweet-ann [11.9K]
45 is 75% of 60 but if you’re looking for the difference subtract 75 from 100, so 25%
8 0
2 years ago
The hypotenuse of a 90-45-45 triangle is 20√2. What is the short leg and the long leg>
stepan [7]

Answer:

Both legs would be 20

Step-by-step explanation:
In the image below, it shows the relationship between the legs and the hypotenuse in every 45 45 90 triangle. If we know that the hypotenuse is 20, then the 2 legs are both 20.

I am slightly confused with the problem since they asked for the "short" leg and the "long" leg. Both legs should be the same length because a 45 45 90 triangle is isosceles, with the two legs being the same length.

6 0
2 years ago
A cylinder has a radius of 40 ft and a height of 17 ft. What is the exact surface area of the cylinder?
Georgia [21]

we know that

surface area of the cylinder=2*{area of the base}+perimeter of base*height

area of the base=pi*r²

r=40 ft

Area of base=pi*40²

Area of the base=1600*pi ft²


Perimeter of the base=2*pi*r

Perimeter of the base=2*pi*40

Perimeter of the base=80*pi ft


surface area of the cylinder=2*1600*pi+80*pi*17

surface area=4560*pi ft²


therefore

the answer is the option

4560π ft2

8 0
3 years ago
Read 2 more answers
Find the product -8. (-8)=​
My name is Ann [436]
The product of -8. (-8)= 64
7 0
2 years ago
Read 2 more answers
Other questions:
  • Simplify each of the following ratios in its simplest form. .1.44 : 0.48 .15/28:18/7 .2.4:6/5
    11·1 answer
  • The price of a digital camera sold in stores is $129. It is sold on eBay for $65. What is the percent decrease from the store's
    6·1 answer
  • Find the nth term of the following sequence -5 ,-2, 3 ,10 ,19
    10·2 answers
  • You<br> 12 cupcakes needs 100 grams butter. How much in each cupcake
    15·2 answers
  • PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU B
    14·1 answer
  • Miriam is going to the county fair. Each ride ticket costs $2 and admission costs $7. Miriam has $25 to spend at the fair.
    9·1 answer
  • Answer this correctly and I will give u brainslist and this is worth 15 points
    10·2 answers
  • Need help asap<br> will give brainly
    6·1 answer
  • Records were kept at an airport concerning whether the flights leaving the airport were full or had available seats on the plane
    10·1 answer
  • Which mixed number is equivalent to the improper fraction?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!