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
Elan Coil [88]
2 years ago
13

Diego wants to have $1,000,000 in 5 years. He plans to invest $250,000 to start and make yearly payments of $125,000 to the acco

unt. He will be receiving 3.5% interest compounded monthly on his investment. Will he reach his goal?
No
Yes
Mathematics
1 answer:
julia-pushkina [17]2 years ago
5 0

Answer:

Yes

Step-by-step explanation:

With the $875,000 from his input alone he is really close to $1,000,000 and doing simple intrest on the $250,000 is $105,000 a year is he earns 3.5% intrest a month.

So in 5 years he'll have about $1,662,500 using simple intrest but with compound it'd be more like 2mil

Hope this helps!

You might be interested in
If dy/dx = y cos x and y = 3 when x = 0, then y =....? Here are the answer choices
creativ13 [48]
Dy/dx = y cos x
y = Ae^sin(x)
y(0) = Ae^sin(0) = A = 3
A = 3

Therefore, y = 3e^(sinx)
3 0
3 years ago
A cylinder has a circular base radius 14cm and height of 10cm.Find the total surface area of the cylinder. [take pie 22/7] *​
Lady bird [3.3K]

Answer:

ii) curved surface area =2 pie rh

2*22/7*14*21

1548 cm2

iii) total surface area=2 pie r(r+h)

2*22/7*14(14+21)

2780

iv) volume of cylinder=pie r2h

22/7*14*14*21

12936 ans

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Help number 5. It would mean a lot.
brilliants [131]
Hi there!

This gets pretty easy once you understand how to do these kinds of problems. Let's look at the words in the question.

Adison earned 25$. We can push that to the side.
She loaned her friend 18$, which means she took some money away from her first part of it.

25 - 18 = 7$. Now she has 7$ left. (A calculator would be useful to answer these!)

Now, let's put the 7 to the side and check out the rest of the equation. Looks like Adison's grandmother gave her 50 more dollars, and we know that more means to add.

50 + 7 = 57$.

Now, the final part of the question says she ended up with 86$ because she had money before she earned more. To see how much money she had originally, we can subtract 86 from 57.

86 - 57 = 29$.

We now understand that Adison originally had 29$ before earning anymore money.

Hope this helps!
4 0
3 years ago
3a - 4 =11<br>please help me out​
DiKsa [7]

Answer:

3a-4=11

3a=11+4

=15

a=15÷3

=5

5 0
2 years ago
Read 2 more answers
Jackie spends 25% of her monthly salary on rent. Her rent is $650 a month. What is Jackie’s monthly salary?
Advocard [28]

Answer:2600

Step-by-step explanation: 25%=1/4

650×4=2600

6 0
3 years ago
Other questions:
  • Consider the following equations: −x − y = 1 y = x + 3 If the two equations are graphed, at what point do the lines representing
    8·1 answer
  • Find the slope of the line parallel to the given line.<br> y= 2/5x+2
    7·1 answer
  • clara is running a bakery. she has made a street sign to direct people to her bakery. she painted one side of the post and sign.
    14·1 answer
  • Helpppp plzzzzzzzzzzzzzzz
    5·1 answer
  • Solve the following equation algebraically
    10·1 answer
  • Pythagorus 17 is the long side and one of the short sides is 12 how do I figure out the other side
    14·1 answer
  • Draw or add images here
    13·1 answer
  • C+2=5<br> PLEASE HELP I NEED HELP RIGHT NOW WITH THIS
    15·2 answers
  • Segment addition postulate help
    6·1 answer
  • Alana took a math quiz last week. She got 12 out of 20 problems correct. What percentage did Alana get correct?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!