Answer:
$976,578.71
Step-by-step explanation:
We assume the deposits are made at the <em>beginning</em> of each quarter. The quarterly interest rate is 6%/4 = 1.5%. The number of quarterly payments is 15×4 = 60. The future value of an annuity due is ...
A = P(1+r)((1+r)^n -1)/r
where r is the quarterly interest rate, n is the number of payments, and P is the payment amount.
A = $10000(1.015)(1.015^60 -1)/.015 ≈ $976,578.71
The future value is $976,578.71.
There are 84 because if they have the same amount and when you add 42 it's doubled 42+42=84 84/2=42 so she will end up with 84
Answer:
x=2
y=1.732
Step-by-step explanation:
we use the formulae.....
SOHCAHTOA
where..Cos 60°=1/x
cos60=0.5
0.5=1/1
<u>X</u><u>=</u><u>2</u>
0.8660=y/2
y= 1.732
Answer: For part A, the formula for the employee's pay is <em><u>P</u></em>ay = hourly <em><u>r</u></em>ate times <em><u>h</u></em>ours . P = r × h The equation is P = 13h To find how many hours are required to earn a given amount, fill in given values and solve for the missing variable . 7800 = 13h h= 7800/13 600 hours needed.
For part B, the formula for this employee's pay is <em><u>P</u></em>ay = <u><em>B</em></u>onus + hourly <em><u>r</u></em>ate times <em><u>h</u></em>ours . P = b + rh
330 = 90 + r(24) 330 - 90 = 24r . 240 = 24r 240/24 = r . r = 10
The employee's pay rate is $10 per hour.
