a. Use the appropriate formula to find the value of the annuity
b. Find the interest
Rate
Periodic Deposit
$6000 at the end of each year
15.5% compounded annually
Time
10 years

Answers

Answer 1

The value of the $6000 annuity given annual compounding is $124,836.12.

What is the value of the annuity?

The value of the annuity can be determining using this formula: amount deposited x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

n = number of years r = interest rate

$6000 x [(1.155^10) - 1/0.155] = $124,836.12

To learn more about annuities, please check: https://brainly.com/question/24108530


Related Questions

A law firm charges $450 per hour for its services. To raise revenues, the firm increases its fees by
10%. What is the new rate that the firm charges per hour?

Answers

Answer:

The correct answer would be $495 per hour

Step-by-step explanation:

The equation would be

450 divided by 10= 45

=450+45=495

= $495

What is true about the domain and range of the function?

The domain is all real numbers, and the range is all real numbers greater than or equal to –4.
The domain is all real numbers greater than or equal to
–4, and the range is all real numbers.
The domain is all real numbers such that –6 ≤ x ≤ –2, and the range is all real numbers greater than or equal to –4.
The domain is all real numbers greater than or equal to
–4, and the range is all real numbers such that –6 ≤ x ≤ –2.

Answers

Answer:

The domain is all real numbers greater than or equal to 4, and the range is all real numbers

Step-by-step explanation:

Answer:

A

Step-by-step explanation:

100 points
See attachment below

Answers

Answer:1)x =-30

2)x=-30

Step-by-step explanation: 1:  2(3x+5)=5(x-4) ( remove the parenthesis)

then 6x+-5x=-20x-10 (collect the like trems calulate) so (-20 and -20 on each side) the x=-20-10.

 2: 6x+10=5x-20 (move the like trems) so move the variable to the left hand side and change its sign like this 6x+10-5x=-20

6x-5x=-20-10

x=-20-10 which it ='s  x=-30

follow my TT at yvngxmiia

Solving Stepwise:

2(3x+5) = 5(x-4)                          [ Given ]2(3x)+2(5) = 5(x) -5(4)            ---------------6x + 10 = 5x - 20                       [ Distributive property ]6x + 10 - 5x = 5x -20 -5x                ---------------x + 10 = -20                                [ subtraction property of equality ]x + 10 -10 = -20 -10                                     -------------x = -30                                       [ subtraction property of equality ]

Additional Explanation

Distributive property:

a(b+c) = a(b) + a(c)

symmetric property of equality:

both sides can be interchanged,  x = y, then y = x

subtraction property of equality:

when same number subtracted from both sides, a - c = b - c

closure property:

 addition, subtraction and multiplication of integers, a + b = c

division property of equality:

when both sides divided by same number, a/c  = b/c

The diameter of a circle is 33 cm. Find its area to the nearest whole number.

Answers

Answer:

⇒855cm²

Step-by-step explanation:

→Solution,

Diameter(d)=33cm

Radius(r)=d/2=33cm/2=16.5cm

Now,

Area=πr²

Area=3.14×(16.5cm)²

Area=854.865cm²=855cm²

if x-y = -10 and x-y = 2 what is the value of x

Answers

Answer:

x = -4

Step-by-step explanation:

x+y = -10       or     y = -10 - x

substitute this into the second equation

x      -    y    = 2

x      -  (-10-x) = 2

2x + 10 = 2

2x = -8

x = - 4

Suppose you roll a die 5 times. What is the probability of getting at least one odd number ​?

Answers

Answer: 1/2 or 50%

Step-by-step explanation:        

A dice has 6 numbers; 1,2,3,4,5,6

3 of which are odd numbers

which means:

p(event)= number of favorable outcomes/ number of possible outcomes

p(odd)=3/6

3/6=1/2 or 50%

answer for this question. Thank you!

Answers

I am so confused right now

solve for x ~
[tex]4x - 96 = 0[/tex]


thankyou ~​

Answers

Step-by-step explanation:

4x - 96 = 0

transferring 96 to Right side

4x = 96

x = 96/4

x = 24

Hope it helps you :)

4x-96=0
4x=96
X=96/4
X=24

Hope this helps:)

You estimate that a passive portfolio, that is, one invested in a risky portfolio that mimics the S&P500 stock index that represents the stock market, yields an expected rate of return of 13% with a standard deviation of 25%. You manage an active portfolio with expected return 18% and standard deviation 28%. The risk-free rate is 8%.
a. Draw the CML (Capital Market Line) and your funds’ CAL (Capital Allocation Line) on an expected return-standard deviation diagram. Indicate their slopes.
b. Suppose your client ponders whether to switch the 70% that is invested in your fund to the passive portfolio. Explain to your client the disadvantage of the switch.
c.In the context of part b, Show him the maximum fee you could charge (as a percentage of the investment in your fund, deducted at the end of the year) that would leave him at least as well of investing in your fund as in the passive one.)
(Hint: The fee will lower the slope of his CAL by reducing the expected return net of the fee.)

Answers

The capital market line with fee will be 0.3771 and the capital allocation line will be 0.24.

How to calculate the slope?

The slope of the capital market line will be:

= (17% - 7% - f)/27

= (10% - f)/27

f = 0.3771

The slope of the capital allocation line will be:

= (13% - 7%) / 25%

= 0.24

The reward to variability ratio will be:

= (17 -7)/27

= 0.3771

The client's reward to variability ratio will be:

= (13 - 7)/25

= 0.25

This shows that the client will be disadvantaged of the switch since it's lower.

Learn more about capital on:

https://brainly.com/question/25672041


A local farmer decides to sell his produce at the farmer's market. Every Sunday he uses his own fuel to drive
to the market which is 300km away. This costs him R650.00 per week. He sells 50 boxes of fruit for R250.00
and 100 boxes of fruit for R350.00.

What is the dependent variable in this scenario?

Answers

Answer:

The money

Step-by-step explanation:

The drive to the farmers market is a certain distance away, which costs him a specific amount of money. If the distance were to change, then so would the price it took to get there per week. Additionally, as the amount of boxes increases, so does the price.

A dependent variable is a variable that directly changes as the independent variable(s) change. In this scenario, the money, or cost is what's changing based on other factors.

hope this helps :)

i really need help with multiple of these questions if u get them right please help with more (multiple questions )

Answers

Answer:

D. 19.25^2

Step-by-step explanation:

A = 5.5

H = 3.5

A = 19.25^2

Solving an exponential equation by using logarithms: Exact answers in logarithmic form

Answers

[tex]14^{-x+10}~~ = ~~13^{3x} \\\\[-0.35em] ~\dotfill\\\\ \log(14^{10-x})=\log(13^{3x})\implies (10-x)\log(14)=x\log(13^3) \\\\\\ 10-x=\cfrac{x\log(13^3)}{\log(14)}\implies \cfrac{10-x}{x}=\cfrac{\log(13^3)}{\log(14)}\implies \cfrac{10}{x}-\cfrac{x}{x}=\cfrac{\log(13^3)}{\log(14)}[/tex]

[tex]\cfrac{10}{x}-1=\cfrac{\log(13^3)}{\log(14)}\implies \cfrac{10}{x}=\cfrac{\log(13^3)}{\log(14)}+1\implies \cfrac{10}{~~\frac{\log(13^3)}{\log(14)}+1~~}=x \\\\\\ \cfrac{10}{~~\frac{\log(13^3)+\log(14)}{\log(14)}~~}=x\implies \cfrac{10\log(14)}{\log(13^3)+\log(14)}=x[/tex]

future value of 10% savings from earnings of 36000 earns 6.25% annual interest compounded quarterly for 15 years​

Answers

without further ado

10% of 36000 is simply 3600, we chopped a "0" off of it hmmm, ok so

[tex]~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$3600\\ r=rate\to 6.25\%\to \frac{6.25}{100}\dotfill &0.0625\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four} \end{array}\dotfill &4\\ t=years\dotfill &15 \end{cases} \\\\\\ A=3600\left(1+\frac{0.0625}{4}\right)^{4\cdot 15}\implies A=3600(1.015625)^{60}\implies A\approx 9126.53[/tex]

Help picture below 6 problems will give brainlest

Answers

Step-by-step explanation:

13. 15² = 12² + ?²

225 - 144 = ?²

? = √81

? = 9 feet

16. D. Regular Hexagon

A line passes through the points (0, 6) and (–9, 9). What is its equation in slope-intercept form?

Write your answer using integers, proper fractions, and improper fractions in simplest form.

Answers

Answer:

[tex]y = -\frac{1}{3} x + 6[/tex]

Step-by-step explanation:

Slope-intercept form: [tex]y = mx + b[/tex], where [tex]m[/tex] is the slope and [tex]b[/tex] is the y-intercept.

The formula to find the slope of a line is [tex]m = \frac{y_{2} - y_{1} }{x_{2} - x_{1} }[/tex].

1) Plug the coordinates into this [tex]m = \frac{y_{2} - y_{1} }{x_{2} - x_{1} }[/tex].

[tex]m = \frac{9 -6 }{-9 - 0 }[/tex]

2) Solve it. Simplify it if possible.

[tex]m = \frac{3 }{-9}[/tex]

Simplified: [tex]m = \frac{1 }{-3 }[/tex]

3) Plug the result into [tex]y = mx + b[/tex].

[tex]y = \frac{1}{-3} x + b[/tex]

4) Plug one of the points ([tex]x_{1}, y_{1}[/tex] or [tex]x_{2}, y_{2}[/tex]) into [tex]y = \frac{1}{-3} x + b[/tex] to find [tex]b[/tex].

[tex]6 = \frac{1}{-3}(0) + b[/tex]

[tex]6 = 0 + b[/tex]

[tex]6 - 0 = b[/tex]

[tex]6 = b[/tex]

5) Plug the result of [tex]b[/tex] into [tex]y = \frac{1}{-3} x + b[/tex].

[tex]y = \frac{1}{-3} x + 6[/tex]

The negative situated in the denominator can be genaralised to the fraction.

Therefore, [tex]y = -\frac{1}{3} x + 6[/tex].

CAN SOMEBODY HELP ME PLEASE

Answers

Answer:

g-intercept: (0, 48)n-intercepts: (6, 0), (-4, 0), (2, 0)

Step-by-step explanation:

The g-intercept is the point where the function graph crosses the vertical axis. The value there is g(0). It is found by evaluating the function when n=0.

  g(0) = (0 -6)(0 +4)(0 -2) = (-6)(4)(-2) = 48

The g-intercept is (0, 48).

__

The n-intercepts are the points where the function graph crosses the horizontal axis. These are the values of n that make g(n) = 0. For each of the binomial factors, that value of n will be the value that makes the factor 0:

  n -6 = 0   ⇒   n = 6

  n +4 = 0   ⇒   n = -4

  n -2 = 0   ⇒   n = 2

The n-intercepts are (6, 0), (-4, 0), and (2, 0).

Answer:

g intercepts: 48

n intercepts: 6, -4, 2

Step-by-step explanation:
Part 1:

To find the g intercepts, set n to 0 everywhere.

You then get:

g(0) = (-6)*(4)*(-2)

g(0) = 48

Part 2:

To find the n intercepts, set g to 0.

You then get:

(n-6) * (n+4) * (n-2) = 0

Solve for n in each part seperately to find all intercepts:

n-6 = 0  ->  n = 6

n+4 = 0  ->  n = -4

n-2 = 0 -> n = 2

The expression c + 0.07c can be used to find the total cost of an item with 7% sales tax, where c is the cost of the item. Use the expression to find the total cost of an item that is $25.

Answers

The total cost of the item at the value of $25 and a tax of 7% is $26.75

Total Cost

Given Data

Tax = 7%Cost of item c = $25

We have the given expression to find the total cost which is

Total = c + 0.07c

Substituting our given data into the expression we have

Total = 25 + 0.07*25

Total = 25 + 1.75

Total = $26.75

Learn more about total cost here:

https://brainly.com/question/25109150

which description represents the expression 5x - 9 ?

Answers

hello!

5x-9 means

9 less than the product of a number and 5

5 times x minus 9

the product of 5 and a number minus 9

note:-

Hope everything is clear; if you need any clarification/explanation, kindly let me know, and I will comment and/or edit my answer :)

keith bought a soft drink for 2 dollars and 6 candy bars. he spent a total of 14 dollars. how much did each candy bar cost?

Answers

Answer:

2

Step-by-step explanation:

so if you take away 14 by 2 =12 and 12 divided by 6= 2

Answer:

each candy bar cost 2 dollars

Step-by-step explanation:

3.2 In the diagram below, ABCD is a parallelogram with Đ=9x-30° and B = 4x+20° 9.-30 B a 420 - 3.2.1 Calculate with reasons the value of x.​

Answers

Answer:

D=9×30 and B=4x+20°=9.-30 B a 420

if the scale of a map is 1 in = 62.5 mi, how long is the distance on the map if the actual distance between the two cities is 218.75 miles

Answers

Answer:

3.5in

Step-by-step explanation:

so what i would do is i would divide 218.75 by 62.5

218.75/62.5= 3.5

3.5 in= 218.75 mi

hope that hepls :)

How many centimetres are there in 1.6 metres?

Answers

There are 160 centimeters in 1.6 meters. You move the decimal 2 places to the right

I really need this, someone help

Answers

6+6+8+14=34 all you need to do is add them I think

45th term of an arithmetic sequence having a=3 and d=8 is:

Answers

Answer:

a45 = 320

Step-by-step explanation:

The 45th term of the Arithmetic Sequence will be 355.

We have a Arithmetic Sequence with a = 3 and d = 8.

We have to determine the 45th term of this sequence.

What is the formula to calculate the nth term of an Arithmetic Sequence ?

The formula to calculate the nth term of an Arithmetic Sequence is -

a(n) = a + (n - 1)d

a - first term of A.P.

d - Common difference of A.P.

n - position of term

According to the question -

a = 3

d = 8

n = 45

Then, using the formula to calculate the nth term, we get -

a(n) = a + (n - 1)d

a(45) = 3 + (45 - 1)8

a(45) = 3 + 44 x 8

a(45) = 3 + 352

a(45) = 355

Hence, the 45th term of the Arithmetic Sequence will be 355.

To solve more questions on Arithmetic Sequences, visit the link below-

https://brainly.com/question/19828148

#SPJ2

88.60 plus what equals 153.25

Answers

Answer:

64.65

Step-by-step explanation:

153.25 - 88.60 = 64.65

88.60 + 64.65 = 153.25

Answer:

64.65

Step-by-step explanation:

153.25 - 88.60 = 64.65

64.65 + 88.60 = 153.25

find the measure of x,y and z in the figure

Answers

Answer:

y=45°

x=75°

z=60°

Step-by-step explanation:

hard to explain, but I'll try my best. on a single line, it equals 180 when both angles are added up. and the opposite side of an angle is always the same.


On Monday, Jullo ran 39 miles. On Tuesday, he ran another
24 miles and on Wednesday he ran 4 miles. How many
miles did Julio run in all?

Answers

Answer:

67 miles

Step-by-step explanation:

On Monday, Jullo ran 39 miles.

⇒ Monday = 39 miles

On Tuesday, he ran 24 miles.

⇒ Tuesday = 24 miles

On Wednesday, he ran 4 miles.

⇒ Wednesday = 4 miles

Finding the total miles:

Total miles ran on Monday, Tuesday, and Wednesday = 39 + 24 + 4

                                                                                            = 67 miles

Please help me solve this problem

Answers

Answer:

$46,800,000

Step-by-step explanation:

1. Find the total number of shares that Live Fund has.  They have 24% of the total shares, which is 78,000.  To find their portion of the shares, multiply the total amount by the percent they own; 78,000 * .24.  This gives us 18720 shares.

2. Since they are selling half of their shares, divide their total number of shares by 2.  This gives us 9360.

3. Each share is worth $5000, so multiply 9360 by 5000.  This gives us a final answer of $46,800,000.

Alternatively, we could have just found half of the percent of shares that they own in step 1, so what 12% of 78,000 is instead, and multiplied by 5000.

Find two numbers whose product is 110, and whose sum is 21.

Answers

Answer:

10 and 11

[tex]10 \times 11 = 110[/tex]

[tex]10 + 11 = 21[/tex]

16 PTS AND BRAINLIEST A book store manager took several random surveys of customers to determine which book genre they purchased most frequently. This table shows the average of each survey.

Based on the data shown in the table, which conclusions can be made about the frequency that customers purchase a genre?

Select each correct answer.


On average, 1 out of 6 customers purchases fantasy books most frequently.

On average, 24% of the customers purchase autobiographies most frequently.

On average, 22% of the customers purchase romance books most frequently.

On average, 2 out of 10 customers, purchase health and wellness books most frequently.
Book Genre Average of Surveys
Autobiographies 24
Mystery 11
Romance 22
Health and Wellness 18
Fantasy 15

Answers

Answer:

1/6 customer purchase Fantasy, and 2/10 customers purchase Heath and wellness books.

Step-by-step explanation:

Simply check each number of books over the total than see if it matches the percentage assumed.

Fantasy over total books = 15/90 which is 1/6 So that is correct

Autobiographies over total books = 24/90 = 26.6667 percent which is not what this option said, so not correct.

Romance books over total = 22/90 which equals 24.444 percent which is not equal to the 22 percent option, so also not correct.

And lastly Health and wellness books over total = 18/90 which equals to 20 percent. This is equal to 2/10. So this one is also correct.

Hope this helps, and please mark me brainliest!

Other Questions
How does Franciscos attitude towards his parents change throughout this story? Use details from the text to support your answer. Story: Two Aliens. what is Religion in the Caribbean- In a right triangle, cosine a = 0.352 and sine a = 0.936. what is the approximate value of tangent a? 0.329 0.376 1.288 2.659 When performing forensics on an Apple computer, what operating system are you the most likely to encounter QUIZLET Oregon has long been known for its environmental activism, attracting artists, writers, designers and other creativeprofessionals. In the last few years, the influx of creative and socially conscious individuals has activated thearchitectural community. As a result, the city has become an attractive location for young, talented Green architectsRead the passage above. How do you know when to pause in your reading to create fluency?a commas and periodsc. whenever it feels rightb. capitalized wordsd. all of the abovePlease select the best answer from the choices provided BD Due to an infection with HPVA. FrigidityB. PhimosisC. DyspareuniaD. Venereal wartsE. Erectile dysfunction Answer is 1, I just need the working. Thank you When did time begin?Did we invent math or did we discover it?Where does a thought go when it's forgotten?Do we have free will or is everything predestined?Is there life after death?Is it really possible to experience anything objectively?What are dreams?What is the goal of humanity? Use substitution to solve the system.- 3x+y = 142x + 3y = -25?y = 0 What does it mean when someone say ..they are trying their best to not give up? What is the value of transitional epithelium in the urinary system?. Please help me thank u! The outer layer of the earth's core is about 1,400 miles thick.TrueFalsePLS HELP!!!!! The value of a car decreases linearly with time. The car was bought new for $62,000 and had a value of $41,000 after 6 years. 30. The surface area of a rectangular prism is450 m2. What will be the new surface area ifall the dimensions are doubled?A. 675 m2B. 900 m2C. 1,800 m2D. 3,600 cmhevolume of a 14.8 builders can finish a house in 20 days.Each of the builders works at the same rate.6 of the builders stop working after 14 days.The other builders continue building the house at the same rate until it isfinished,How long does it take to build the house? What was John Bel Edwards biggest accomplishment? a fence is shown on a blueprint and has sides of length 17 cm, 18 cm, 15 cm, and 19 cm. If the scale on the blueprint is 2 cm:7 m, what is the total length of the fence? show ur work pls What was a common theme inmost of Roman art andarchitecture?A. Farm animals B. Home life C. Landscape D military power Please help me, I don't know the answerWILL MARK BRANLIEST IF CORRECT :)