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DENIUS [597]
3 years ago
5

Suppose you invest, every month, in an annuity that pays 3% interest, compounded monthly. After 25 years, you have $550,000. How

much money do you earn from interest? Round your answer to the nearest hundred dollars. Do NOT round until you have calculated the final answer.
Mathematics
1 answer:
erma4kov [3.2K]3 years ago
4 0

Answer:

180100

Step-by-step explanation:

Use savings annuity formula

Substitute A(25) = $550,000 , R= 0.03 and N=12 simplify and solve for D.

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Solve each equation with the quadratic formula. 4n^2+7n-1=-4
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The answer i got was
n=-3/4,n=-1
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3 years ago
What is the volume of the rectangular prism? top is 40 cm2, side, 30 cm2, side 48 cm2
babymother [125]
57600

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4 0
3 years ago
Can you guys help please?
Vadim26 [7]

Answer:

25%

Step-by-step explanation:

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5 0
3 years ago
What is the equation of a line with a slope of -2 that passes through the point (-2,12)?
slavikrds [6]

Answer:

y=-2x + 8 which is the required equation

Which is option C

Step-by-step explanation:

Given:

Slope = m = -2

Given points are ( -2,12)

Which is

x = -2 and y =12

TO find:

Equation of line passing through these points = ?

Solution:

The point slope form of a line is

y = mx + c

Here we don't know the value of c

To find it

Putting y = 12 , x= -2 and y = -2 in the given equation

y = mx + c

Putting values it becomes

12 = (-2)*(-2) + c

12 = 4 + c

Subtracting 4 from both sides

12-4 = 4 -4 + c

8 = c

Now we have

m = -2 and c= 8

So equation of a line is given by

y = mx + c

Putting value of m and c

y = -2*x + 8

y=-2x + 8 which is the required equation


7 0
3 years ago
Read 2 more answers
HELP ME!!
inysia [295]

Answer:

y intercept (0,-2) x intercept (3,0)

Step-by-step explanation:

first we have to solve for y.

2x-3y=6

step 1 subtract 2x from each side

-3y=-2x+6

step 2 divide each side by -3

y=2/3x-2

now I am going to graph this to make it easier for you

5 0
3 years ago
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