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WINSTONCH [101]
2 years ago
15

Pls help with the very last question

Mathematics
1 answer:
harina [27]2 years ago
6 0

Answer:

A for the first one, B for the second one, and i think B for the third.

Step-by-step explanation:

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Present Value Hoew much shuold be deposited in an account paying 7.8% interest compounded monthly in order to have a balance of
Alisiya [41]

Answer: $15385 should be deposited.

Step-by-step explanation:

The principal was compounded monthly. This means that it was compounded 12 times in a year. So

n = 12

The rate at which the principal was compounded is 7.8%. So

r = 7.8/100 = 0.078

It was compounded for 4 years. Therefore,

t = 4

The formula for compound interest is

A = P(1+r/n)^nt

A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore

21000 = P (1+0.078/12)^12×4

21000 = P (1+0.078/12)^48

21000 = P (1+0.0065)^48

21000 = P (1.0065)^48

P = 21000/1.365

P = $15385

6 0
3 years ago
I NEED AN ANSWER NOW ASAP
babunello [35]

Answer:

Apparently i cant see the photo im am so sorry but do need pints.

Step-by-step explanation:

8 0
3 years ago
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ASAP PLS I HHAVE SCHOOL TOMORROW :((
tatyana61 [14]

Answer:

it divides by five

Step-by-step explanation:

500/5=100

100/5=20

20/5=4

4/5=0.8!

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PLS HELP the FIRST PERSON TO ANSWER CORRECTLY I WILL MARK BRAINLIEST
jok3333 [9.3K]

Answer:

there are infinite answers because the equation 12x+8=12x+8 is a true statement

Step-by-step explanation:

3 0
3 years ago
What is 3+3 because math is really hard for me and I and slow
Andrei [34K]

Answer:

6

Step-by-step explanation:

because you add 3+3 together

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2 years ago
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