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
Taking a test!!! I need help on it pleaseee!!!
ivann1987 [24]

Answer:

The first one is right the rest of them is not right correct

Step-by-step explanation:

8 0
2 years ago
Solve for X<br><br> 5/8 = 15/x <br><br> show work pls
taurus [48]
<span>5 = 15
---------
8 =  x
cross multiply
5x =120
5x÷5 = 120÷5
x = 24

Check
5/8 = 15/24
.625 = .625
</span><span>
</span>
4 0
3 years ago
What is the inverse of the function f(x) = 3x – 2?<br> f-1(x) =
Eddi Din [679]

Answer:

\frac{x + 2}{3}

Step-by-step explanation:

Replace y with f(x).

y = 3x - 2

Swap x and y and solve for y

x = 3y - 2

x + 2 = 3y

\frac{x + 2}{3}  = y

7 0
3 years ago
. Two bicyclists, Sarah and Emily, depart from the same location. Sarah heads N55°E at an average speed of 6 km/hr. Emily heads
Liula [17]

Answer:

The distance between them after 30 minutes is 6.5 km.

Step-by-step explanation:

Speed = \frac{distance}{time}

Sarah's speed = 6 km/hr = 1.6667 m/s

Emily's speed = 10 km/hr = 2.7778 m/s

The measure of angle between their bearings = 105^{o}

After 30 minutes (1800 seconds);

distance = speed x time

Sarah would have covered a distance = 1.6667 x 1800

                               = 3000 m

                               = 3 km

Emily would have covered a distance = 2.7778 x 1800

                               = 5000 m

                               = 5 km

The distance between them, a, can be determined by applying the cosine rule;

a^{2} = b^{2} + c^{2} - 2bcCos A

   = 5000^{2} + 3000^{2} -2(5000 x 3000) Cos 105

   = 5000^{2} + 3000^{2} -2(5000 x 3000) x (-0.2588)

   = 2.5 x 10^{7} + 9 x 10^{6} + 7764000

   = 41764000

a = \sqrt{41764000}

  = 6462.5073

a = 6462.5 m

The distance between them after 30 minutes is 6.5 km.

4 0
2 years ago
What is the volume of a sphere with a radius of 6 mm?
Mrrafil [7]

Answer:

V = 904.779\,mm^{3}

Step-by-step explanation:

The volume of a sphere can be determined by using the following formula:

V = \frac{4\pi}{3}\cdot r^{3}

V = \frac{4\pi}{3}\cdot (6\,mm)^{3}

V = 904.779\,mm^{3}

5 0
3 years ago
Other questions:
  • Which of the following is not a congruence transformation
    14·2 answers
  • A = bh; A = 40, b= 8
    5·1 answer
  • Plzzz help .........
    10·2 answers
  • M∠HGF=16x+4, m∠EGF=110 degrees, and m∠HGE=3x+11. Find x.
    15·2 answers
  • Identify the solid represented by the net. A net includes 3 rectangles and 2 right triangles. The rectangles are lined up in the
    14·1 answer
  • 3. Audrey measures the distance around the lid of her aquarium. The picture
    13·1 answer
  • A circle whose center is at (1, -3) passes through (7, 5).
    13·1 answer
  • What is (a^2-b^2) factored out?
    6·1 answer
  • Find all three distinct roots for X³ =1. (two of them are complex mumber). And show that sum of all roots is zero.​
    9·1 answer
  • Write an algebraic expression for: the quantity 2 plus 88y divided by 47
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!