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tresset_1 [31]
3 years ago
12

What is the value of (x)​

Mathematics
2 answers:
Svet_ta [14]3 years ago
7 0

Answer:

x=1

Step-by-step explanation:

anything times 1 is itself

snow_lady [41]3 years ago
7 0

Answer:

x=1

Step-by-step explanation:

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Ashley deposits $10 000 at the end of each month for 6 times at rate of 5% compounded monthly. How much will be in her account
xz_007 [3.2K]

The future values of Ashley's periodic deposits under the five scenarios are stated in the deposit table as follows:

<h3>Deposit Table:</h3>

Item     Initial       Periodic      Deposit    Interest    Future Value    Interest

         Deposit     Deposit        Period        Rate                                    ($)

a.      $10,000     $10,000     6 months        5%        $61,774.51      $1,774.51

b.     $10,000     $10,000     3 months        5%      $30,502.78       $502.78

c.      $10,000    $10,000     6 months        5%        $51,774.51     $1,522.42

d.    $20,000    $10,000      6 months       5%        $72,201.71     $2,201.71

e.   $10,000     $10,000     6 months       5%/6%  $60,803.78       $803.78

<h3>What is the future value?</h3>

The future value of a periodic investment represents the present value of cash flows compounded at an interest rate into the future.

The future value is computed using the FV formula or factor.

It can also be computed using an online finance calculator as follows:

<h3>Data and Calculations:</h3>

Periodic Deposit = $10,000

Investment period = 6 months

Interest rate = 5% compounded monthly

<h3>a) for illustration:</h3>

N (# of periods) = 6 months

I/Y (Interest per year) = 5%

PV (Present Value) = $0

PMT (Periodic Payment) = $10,000

<u>Results</u>:

FV = $61,774.51

Sum of all periodic payments = $60,000 ($10,000 x 6)

Total Interest = $1,774.51

<h3>Other Special Cases:</h3>

c) Interest on $10,000 for 3 months is $1,522.42 ($1,774.51 - $252.09).

d)                             Future Value      Interest

5% with $20,000   $82,285.04    $2,285.04

5% with  $10,000     (10,083.33)          (83.33)

Total for 6 months   $72,201.71     $2,201.71

e)                            Future Value       Interest

5% for 3 months    $30,502.78       $502.78

6% for 3 months     $30,301.00       $301.00

Total for 6 months $60,803.78      $803.78

Learn more about the computation of future values at brainly.com/question/24703884 and brainly.com/question/12979998

#SPJ1

4 0
2 years ago
A company hauls its 1 cubic foot boxes in the truck as shown.
Alenkinab [10]

Answer:

96

Step-by-step explanation:

3*4*8=96

4 0
2 years ago
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Mick paid $2.94 in sales tax of an item that cost $42.00 before tax. At that rate, how much would he pay in sales tax for an ite
BabaBlast [244]
$4.06
2.94/42=7/100
4.06/58=7/100
7 0
3 years ago
It is recommended that people have 1 gram of calcium each day. How many milligrams of calcium is that?
user100 [1]

Answer:

1,000

Step-by-step explanation:

1,000 miligrams is 1 gram hope this helps god bless

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3 years ago
Is 84 - 74 even or odd​
quester [9]

Answer:

even

Step-by-step explanation:

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3 years ago
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