D<br>Convert (24) 10 to binary

Suppose that you earned a bachelor's degree and now you're teaching high school. The school district offers teachers the oppor

stepan [7]

Answer:

Step-by-step explanation:

Answer:

a. The amount that is saved at the expiration of the 5 year period is $22,769.20¢

b. The amount of interest is $2,769.20¢

Step-by-step explanation:

Since the amount that is deposited every year for a period of five years is $4,000 and the rate of the interest is 6.5%. We can always calculate the amount that is saved at the expiration of the five years.

We will first state the formula for calculating the future value of annuity:-

Future value of annuity =

$P[\frac{(1 + r)^{t}-1 }{r}]$

Where P is the amount deposited per year.

r is the rate of interest

t is the time or period

and in this case, the actual value of P = $4,000

rate of interest, r is 6.5% = 0.065

time, t is 5 years.

Substituting e, we have:

Fv of annuity =

$4,000[\frac{(1 + 0.065)^{5}-1 }{0.065 }]$

= 4,000 × [((1.065)^5)- 1/0.065]

= 4,000 × [(1.37 - 1)/0.065]

= 4,000 × (0.37/0.065)

= 4,000 × 5.6923

= $22,769.20¢

a. Therefore the amount that is saved at the end of the five (5) years is $22,769.20¢

b. To find the interest, we will calculate the amount of deposit made during the period of five years and subtract the sum from the current amount that is saved ($22,769.29¢).

Since I deposited 4,000 every year for five years, the total amount of deposit I made at the period =

4,000 × 5 = $20,000

The amount of interest is then = $22,769.20¢ - $20,000 = $2,769.20¢

3 0

3 years ago

Determine the arithmetic sequence if the fourth term is negative six and the eleventh term is negative thirty four

ICE Princess25 [194]

An arithmetic sequence takes the form

$a_n=a_{n-1}+d$

where $d$ is the common difference between terms. You can solve for $a_n$ in terms of any of the previous terms of the sequence:

$a_n=a_{n-1}+d\implies~a_n=a_{n-2}+2d\implies~a_n=a_{n-3}+3d\implies\cdots\implies~a_n=a_{n-k}+kd$

for some integer $1\le k\le n-1$

Continuing in this way, you know that the sequence can be defined explicitly in terms of the first term $a_1$

$a_n=a_1+(n-1)d$

Given that the 4th term is $a_4=-6$ and the 11th term is $a_{11}=-34$ , you have the following system of equations.

$\begin{cases}-6=a_1+(4-1)d\\-34=a_1+(11-1)d\end{cases}$

Solving this system for the two unknowns yields $a_1=6$ and $d=-4$ .

So, the sequence is given explicitly by

$a_n=6+(n-1)(-4)=-4n+5$

3 0

3 years ago

The regular price of a camera is 180.00 the camera is on sale for 25% off the regular price. What is the sales price of the came

Marrrta [24]

Answer:

$135

Step-by-step explanation:

180 decrease 25% =

180 × (1 - 25%) = 180 × (1 - 0.25) = 135

8 0

3 years ago

How do I study for a big math test? any tips on how to study I'm a visual learner.

Nastasia [14]

Honestly? Just review your notes and try to work out the problems yourself before taking a look at the answer. You can also google specific topics that the test will cover and try the practice problems.

3 0

3 years ago

Read 2 more answers

Which equation is equivalent to 4^x+3=64

Ainat [17]

The answer is B. Hope this helps!(:

7 0

3 years ago

DConvert (24) 10 to binary​

DConvert (24) 10 to binary