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
earnstyle [38]
3 years ago
12

25 POINTS!!!!

Mathematics
1 answer:
Kamila [148]3 years ago
8 0

Answer: $509

Step-by-step explanation:

Given : Gabe is getting married in three years and wants to save $20,000 for his wedding. He opens an account earning 6% interest, compounded monthly.

According to the given description, we have

A= $20,000 , r= 6%=0.06 , t= 3 years , n= 12  [1 yearn = 12 months]

Formula to find Periodic monthly deposit :-

P=\dfrac{A\left(\dfrac{r}{n}\right)}{\left(1+\dfrac{r}{n}\right)^{\left(n\cdot t\right)}-1}

Substitute given values in the above formula , we get

P=\dfrac{20000\left(\dfrac{0.06}{12}\right)}{\left(1+\dfrac{0.06}{12}\right)^{\left(3\cdot12\right)}-1}\\\\=\dfrac{100}{1.19668052482-1}\\\\=\dfrac{100}{0.19668052482}=508.438749031\approx509

Hence, the  periodic monthly deposit (payment) needed to achieve a balance of $20,000 after three years= $509.

You might be interested in
If the first 4 terms of an infinite geometric sequence are 150, 120, 96, and 76.8, then the sum of all the terms in the sequence
hammer [34]

The sum of the sequence is 750

<h3>How to determine the sum of the series?</h3>

The series is given as:

150, 120, 96, and 76.8,

Start by calculating the common ratio using:

r = T2/T1

This gives

r = 120/150

r = 0.8

The sum of the series is then calculated as:

S = \frac{a}{1 - r}

This gives

S = \frac{150}{1 - 0.8}

Evaluate

S = 750

Hence, the sum of the sequence is 750

Read more about sequence at:

brainly.com/question/6561461

#SPJ1

4 0
1 year ago
ANYONE PLEASE HELP!!
lapo4ka [179]

Answer:

A

Step-by-step explanation:

Corresponding angles are angles that you can follow down the transversal and they will land in the same spot on the other parallel line.  Look at angle 8.  It is the bottom left angle in the group of 4 angles around it.  If you slide it to the left it would land right on top of angle 4 which is also in the bottom left of its group of 4 angles.

You can do the same thing taking angle 8 down to angle 12.

4 0
1 year ago
Read 2 more answers
If an image of a triangle is congruent to the pre image then the scale factor of the dilation must be n=
Kazeer [188]
1. the image is multiplied by the scale factor. if the scale factor is 2, the image is twice the size of the preimage. if the scale factor is ⅓, the image is one third the size. only a scale factor of 1 preserves congruency
5 0
3 years ago
Read 2 more answers
Find the zeros of the function f(x) = x2 + 5x + 6. A) y = 6 because the graph crosses the y-axis at 6. B) y = -0.25 because that
Fofino [41]

Answer:

D.)

Step-by-step explanation:

The zero's are referencing when y=0, note that when y=0 they are talking about the x-intercepts.  You can graph the function and see when the graph crosses the x-axis or solve for the x-values.  I will solve it via factoring and so:

f(x)=x^2+5x+6

Multiply the outer coefficients, in this case 1 and 6, and 1×6=6.  Now let's think about all the factors of 6 we have: 6×1 and 2×3.  Now is there a way that if we use any of these factors and add/subtract them they will return the middle term 5?  Actually we can say 6-1=5 and 2+3=5.  Let's try both.

First let's use 6 and -1 and so:

x^2+5x+6\\\\x^2+6x-x+6\\\\x(x+6)-1(x-6)

Notice how we have (x+6) and (x-6), these factors do not match so this is incorrect.

Now let's try 2 and 3 and so:

x^2+5x+6\\\\x^2+3x+2x+6\\\\x(x+3)+2(x+3)\\\\(x+2)(x+3)

Notice how the factors (x+3) matched up so this is a factor and so is (x+2), now to solve for the zero's let's make f(x)=0 and solve each factor separately:

Case 1:

f(x)=x+2\\\\0=x+2\\\\x=-2

Case 2:

f(x)=x+3\\\\0=x+3\\\\x=-3

So your zero's are when x=-2 and x=-3.

D.) x=-3 and x=-2 because the graph crosses the x-axis at -3 and -2.


~~~Brainliest Appreciated~~~

8 0
3 years ago
A bag contains 42 cups of dog food, your dog eats 2 and 1/3 cups a day, how many days does the dog food last?
Marina86 [1]
You keep adding 2 and 1/3 to get your answer

8 0
2 years ago
Other questions:
  • NEED HELP NOW
    7·1 answer
  • Two numbers total 10, and there difference is 12. Find a smaller of the two numbers.
    8·1 answer
  • Fern is choosing between two salary plans. The first salary plan is $100 with 15% commission for every sale he makes. The second
    12·1 answer
  • Find side x , give your answer 1 decimal place <br>​
    8·1 answer
  • A No. Multipled by itself gives the product 33.8724
    11·2 answers
  • How to simplify (n+2)!/n! I will mark brainliest and give a thanks!
    13·1 answer
  • Answer A B and C pls
    14·2 answers
  • Solve 3[-X + (2 x + 1)] = x - 1.
    8·2 answers
  • This is worth 20 points, please answer! (Also, please answer with a variable in the equation.) Sorry about the quality!
    15·2 answers
  • Which of the following is a Pythagorean triple?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!