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Dafna11 [192]
2 years ago
10

Maria has decided to invest to help with her retirement savings. How much would she have to invest to have $113,400 after 20 yea

rs, assuming an interest rate of 3.57% compounded annually?
Do not round any intermediate computations, and round your final answer to the nearest dollar.

Mathematics
1 answer:
Ipatiy [6.2K]2 years ago
5 0

Answer:

$56,226

Step-by-step explanation:

x = investment

Earning interest of 3.57% is the equivalent of multiplying the initial balance (investment) by 1.0357;

Over 20 years, the new balance can be found by multiplying the initial balance by (1.0357)²⁰;

We can formulate an equation to solve to get the initial investment:

x(1.0357)²⁰ = 113400

(2.01687752)x = 113400

x = ¹¹³⁴⁰⁰/₍₂.₀₁₆...₎

x = 56225.5263 → 56226

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Elena-2011 [213]

Answer:

Part 1) The value of x is 50°

Part 2) The measure of angle LOK is 114°

Option C

Step-by-step explanation:

we know that

if two angles are supplementary, then their sum is equal to 180 degrees

so

(x+64)°+66°=180°

solve for x

x+130°=180°

x=180°-130°=50°

Find the measure of angle LOK

∠LOK=(x+64)°

∠LOK=(50+64)°=114°

4 0
2 years ago
An online furniture store sells chairs for $50 each and tables for $550 each. Every day, the store can ship a maximum of 32 piec
Hunter-Best [27]

Answer:

you have to sell 6 tables to meet all requirements

Step-by-step explanation:

chairs=$50x

tables=$550x

24 chairs×50= $1200

4100-1200= $2900

take $2900 and divide by $550 to find the exact number of tables which is 5 but selling 5 tables and 24 chairs doesnt reach the $4100 mark so I rounded up to 6 tables which doesnt surpass the maximum number of furniture(32) but beats the $4100 mark

3 0
3 years ago
Solve for x.<br><br> -3x = 15
castortr0y [4]

Answer:

x = -5

Step-by-step explanation:

1.  Divide both sides by -3

2. Simplify 15/-3 to 5

( 15 divided by -3 is -5)  

5 0
2 years ago
Read 2 more answers
Using a video camera positioned on a table, Kat records her hanging flower basket to find out what is eating the blooms. The cam
Serga [27]

Answer: 75.5

I took the test and got it right.

8 0
2 years ago
At the dealership where she works, Sade fulfilled 3/10 of her quarterly sales goal in January and another 1/10 of her sales goal
skelet666 [1.2K]

Hi There!

----------------------------------------

Problem #1:

At the dealership where she works, Sade fulfilled 3/10 of her quarterly sales goal in January and another 1/10 of her sales goal in February. What fraction of her quarterly sales goal had Sade reached by the end of February?

3/10 + 1/10 = 4/10

4/10 of her goal.

----------------------------------------

Problem #2:

Shane has been monitoring his mileage. According to last week's driving log, he drove 1/10 of a mile in his car and 9/10 of a mile in his truck. How far did Shane drive last week in all?

1/10 + 9/10 = 10/10 = 1

Shane drove 1 mile.

----------------------------------------

Problem #3:

For a class experiment, Vina's class weighed a log before and after subjecting it to termites. Before subjecting it to termites, the log weighed 7/10 of a pound. After the termites, the log weighed 3/10 of a pound. How much weight did the termites take from the log?

7/10 - 3/10 = 4/10

The termites took 4/10 pound away from the log.

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Hope This Helps :)

6 0
2 years ago
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