Find the present value that will grow to $6000 if the annual interest rate is 9.5% compounded quarterly for 9 yr.The present value is $(Round to the nearest cent as needed)

Answers

Answer 1

We need to know how to calculate compound interest to solve this problem. The present value is $2577.32

Compound interest is the interest that is earned on interest. Inorder to calculate the compound interest we need to know the principal amount, the rate of interest, the time period and how many times the interest is applied in per time period. In this question we know the amount after 9 years and the rate of interest is 9.5% and the interest is compounded quarterly. We will use the formula for compound interest get the principal value.

A=P[tex](1+\frac{r}{n}) ^{nt}[/tex]

where A= amount, P= principal, t=time period, n= number of times interest applied per time period, r=rate of interest

A=$6000

r=9.5%

t=9 yrs

n=4

6000=P[tex](1+\frac{9.5}{400} )^{36}[/tex]

6000= P x 2.328

P=6000/2.328=2577.32

Therefore the present value that will grow to $6000 in 9 years is $2577.32

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Related Questions

A bookstore sells a college algebra book for $90. If the bookstore makes a profit of 25% on each sale,what does the bookstore pay the publisher for each book?

Answers

Okay, here we have this:

Considering the provided information, we obtain that:

The total price = Commission of the bookstore + Payment to the publisher

Replacing:

$90=$90(0.25)+Payment to the publisher

Payment to the publisher=$90-$90(0.25)

Payment to the publisher=$90-$22.5

Payment to the publisher=$67.5

Finally we obtain that the bookstore pay $67.5 to the publisher for each book.

CASSANDRA WENT FOR A JO9.SHE RAN AT A PACE OF 7.3 MILESPER HOUR. IF SHE RAN FOR 0.75HOURS, HOW FAR DID CASSANDRARUN?

Answers

We can use one simple formula, that is d=vt

d=distance

v=pace

t=time

So,

d=(7.3miles per hour)(0.75 hours)=5.475 miles

Your brother is buying textbooks for college. He has to buy 3 math textbooks and 2 science textbooks. The total cost of his textbooks is $487. Write a linear equation to represent the cost of his textbooks.

Answers

Let's define the following variables,

x: cost of a math textbook

y: cost of a science textbook

He has to buy 3 math textbooks and 2 science textbooks, that is,

Total cost = 3x + 2y

The total cost of his textbooks is $487, then the linear equation is,

487 = 3x + 2y

Section 5.2-10. Solve the following system of equations by substitution or elimination. Enter your answer as (x,y).-2x+3y = 15-x-3y = 12

Answers

[tex]-2x+3y=15\ldots\ldots1)[/tex][tex]-x-3y=12\ldots\ldots\ldots\ldots\text{2)}[/tex]

1)-2x2)

[tex]-2x+3y-(-2x-6y)=15-2\times12\Rightarrow-2x+3y+2x+6y=15-24\Rightarrow9y=-9\Rightarrow y=-1[/tex]

y=-1 implies

[tex]-2x+3\times(-1)=15\Rightarrow-2x-3=15\Rightarrow-2x=18\Rightarrow x=-9[/tex]

Hence the solution is

[tex](-9,-1)[/tex]

How would these look graphed ? Look at image attached .

Answers

These are two lines intersected ,in one point

One is positive inclined, the other negative.

Then now GRAPH

THEN BOTH LINES INTERSECT AT

Fiona is making a banner in the shape of a triangle for a school project. She graphs the banner on a coordinate plane with vertices at P(0, 4) , Q(2, 8) , and R(−3, 6) . She wants to reflect the banner over the line x=1. Identify the image of the banner reflected in the line x=1.

Answers

The coordinates of the banner after the reflection across x = 1 is P'(2, 4), Q'(0, 8), and R'(5, 6)

How to determine the coordinates of the banner after the reflection?

From the question, the coordinates are given as

P(0, 4), Q(2, 8), and R(−3, 6)

The line of reflection is given as

x = 1

The rule of reflection across the line x = 1 is represented as

(x, y) = (-x + 2, y)

When the above rule is applied, we have

P'(2, 4), Q'(0, 8), and R'(5, 6)

This means that the coordinate of the image are P'(2, 4), Q'(0, 8), and R'(5, 6)

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need help asap look at attachmen

Answers

The rectangle has a width of 7 yards and a length of 42 yards.

How to find the length and width?

For a rectangle of length L and width W, the perimeter is:

P  = 2*(L + W)

Here we know that:

L = 6*W

P = 98yd =  2*(L + W)

Then we have the system of equations:

L = 6*W

98yd =  2*(L + W)

If we substitute the first equation into the second one, we get:

98yd = 2*(6*W + W)

98yd = 14*W

98yd/14 = W = 7yd

So the width is 7 yards, and the length is 6 times that, so:

L = 6*7yd = 42yd

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this lettuce i have is 25 calories per serving. serving size is 85 grams. i had 27 grams. how many calories would that be??

Answers

Answer:

7.94117647059 Calories

Step-by-step explanation:

25 Calories = 85 Grams

25/85 = 0.294117647059

0.294117647059 = 1 Gram

0.294117647059 times 27 = 7.94117647059

can you help me solve this in expanded form. 156 X 687 = ?

Answers

Given data:

The given expression is 156x687.

The given expression can be written as,

[tex]\begin{gathered} (100+50+6)(600+80+7)=60000+8000+700+30000+4000+350+3600+480+42 \\ =107172 \end{gathered}[/tex]

Thus, the value of the given expression is 107172.

QUESTION 31 POINTThe area of a triangle is 18. The base is 6 inches. What is the height? Do not include units in your answer.

Answers

ANSWER:

6

STEP-BY-STEP EXPLANATION:

The area of a triangle is given by the following equation:

[tex]A=\frac{b\cdot h}{2}[/tex]

We replace and solve for h (height)

[tex]\begin{gathered} 18=\frac{6\cdot h}{2} \\ h=\frac{18\cdot2}{6} \\ h=6 \end{gathered}[/tex]

The height of the triangle is 6 inches

Solve the missing elements for each problem. Use 3.14 for π. Area = πr^2; C=π D

Answers

Given,

Diameter = 32 cm

Radius

We know the radius is half of the diameter. Thus,

[tex]\begin{gathered} r=\frac{32}{2} \\ r=16 \end{gathered}[/tex]

Radius 16 cm

Circumference

The formula is:

[tex]C=\pi D[/tex]

Where

D is the diameter

So,

[tex]\begin{gathered} C=\pi D \\ C=(3.14)(32) \\ C=100.48 \end{gathered}[/tex]

Circumference = 100.48 cm

Area

The formula is:

[tex]A=\pi r^2[/tex]

Where

r is the radius

So,

[tex]\begin{gathered} A=\pi r^2 \\ A=(3.14)(16)^2 \\ A=(3.14)(256) \\ A=803.84 \end{gathered}[/tex]

Area = 803.84 sq. cm.

Use the times and corresponding closing prices of the stock to create coordinate pairs. Let X represent the number of weeks since the first at a point, and Y represent the closing price of each time. So, X equals zero represents the data point from five years ago. There are 52 weeks in a year, and you can write the time for each closing price recorded in terms of weeks that have passed since five years ago, when X equals zero. Fill in the table to represent your data as coordinate pairs

Answers

Combining both tables we get:

Find the distance between:(4,-9) and(-8,0)Round your answer to the nearest hundredth.

Answers

The distance between 2 points (x1, y1) and (x2, y2) is calculated as:

[tex]\text{distance}=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

So, if we replace (x1, y1) by (4, -9) and (x2, y2) by (-8,0), we get:

[tex]\begin{gathered} \text{distance}=\sqrt{(-8-4)^2+(0-(-9))^2} \\ \text{distance}=\sqrt{(-12)^2+(9)^2} \\ \text{distance}=\sqrt{144+81} \\ \text{distance}=\sqrt{225} \\ \text{distance}=15 \end{gathered}[/tex]

Answer: the distance is 15

Suppose you are choosing at random from the numbers 1 through 12 (inclusive). If the event E is "the number is even," find the set representing E. Express your answer as a bracketed set in the form {a,b,c,d}.

Answers

The set numbers from 1 to 12(inclusive) is:

1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

The set even numbers are:

2, 4, 6, 8, 10, 12

Given that the event E is "the number is even"

Therefore, the set representing the event E as a bracketed set is:

[tex]E=\mleft\lbrace2,4,6,8,10,12\mright\rbrace[/tex]

Can I Plss get some help I got stuck I don’t know how to find x

Answers

Using Sine of angles to evaluate for x

The formula is,

[tex]sin\theta=\frac{Opposite}{Hypotenuse}[/tex]

Given:

[tex]\begin{gathered} Opposite=x \\ Hypotenuse=19 \\ \theta=21^0 \end{gathered}[/tex]

Therefore,

[tex]\begin{gathered} sin21^0=\frac{x}{19} \\ \therefore x=19\times sin21^0 \end{gathered}[/tex]

Simplify

[tex]x=6.80899\approx6.81\text{ \lparen2 decimal places\rparen}[/tex]

Hence,

[tex]x=6.81[/tex]

How many modes does the following dataset have? 9,29,13,4,2,16,10,14,27

Answers

Given:

[tex]9,29,13,4,2,16,10,14,27[/tex]

To find- the mode of the given dataset.

Explanation-

We know that the mode is the most occuring frequency of the dataset. Let us arrange the data in ascending order first, and we get

[tex]2,4,9,10,13,14,16,27,29[/tex]

Since there is no repeated frequency, we can say that there is no mode for the given data set.

The answer is 0.

Solve the following/3x=7-3/x

Answers

Value of x is 8.46 for equation 3x=7-3/x

What is Equation?

Two or more expressions with an Equal sign is called as Equation

The given equation is 3x=7-3/x

3x+3/x=7

3x²+3=7x

3x²-7x+3=0

Use quadratic equation formula

a=3, b=-7, c=3

x=-b±√b²-4ac/2a

x=7±√49-4(3)(3)/2(3)

x=7±√49-36/6

x=7±√13/6

x=7±√2.16

x=7+1.46

x=8.46

Hence value of x is 8.46 for equation 3x=7-3/x

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Debra will rent a car for the weekend. She can choose one of two plans. The first plan has an initial fee of $50 and costs anadditional $0.15 per mile driven. The second plan has an initial fee of $59 and costs an additional $0.11 per mile driven.for what amount of driving do the two plans cost the same? i need the answer for miles and cost

Answers

First plan cost is modeled as:

50 + 0.15x

where x are the miles driven

Second plan cost is modeled as:

59 + 0.11x

If the two plans cost the same, then:

50 + 0.15x = 59 + 0.11x

0.15x - 0.11x = 59 - 50

0.04x = 9

x = 9/0.04

x = 225 miles

which corresponds to a cost of:

50 + 0.15*225 = $83.75

The endpoints of diameter in a circle form an angle with point C. What is the measure of angle BCD?

Answers

Answer:

90 degrees

Explanation:

Please note that whenever a triangle is inscribed in a circle and one side of the triangle is a diameter of the circle as in the given figure, then the angle that is opposite the diameter of the circle is a right angle;

[tex]\therefore\angle BCD=90^{\circ}[/tex]

when graphed on a coordinate plane,Bumby Avenue can be represented by the equation y=-4x-7. primrose can be represented by the equation 8x+2y=17. Are these streets parallel ?

Answers

Answer:

The lines are not parallel because their slopes are opposite reciprocals.

Explanation:

The lines:

[tex]\begin{gathered} y=-4x-7 \\ \text{and} \\ 8x+2y=17 \end{gathered}[/tex]

are not parallel because their slopes are not the same

Note:

Two straight lines are said to be parallel when their slopes are the same, and have different y-intercepts.

4. A teacher can only make 3000 copies in a month. If a teacher-has-made 2700 copies so far this month, what percentage of her copies has she used?

Answers

In order to determine the percentage, let x as the percentage. Then, you can write:

[tex]\frac{x}{100}\cdot3000=2700[/tex]

factor x/100 is the percentage in decimal form. The product of this factor and 3000 equals 2700.

Solve for x and simplify:

[tex]x=\frac{2700}{3000}\cdot100=90[/tex]

Hence, teacher has used 90% of the copies.

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The general form of an ellipse is 15x2+4y2+30x−16y−29=0.

What is the standard form of the ellipse?

Answers

The equation of ellipse in standard form is (x + 1)² / 4 + (y - 2)² / 15 = 1.

How to determine the standard form of the ellipse

In this problem we find the equation of an ellipse in general form, whose standard form can be found by algebra properties. The general form of the equation of an ellipse centered at (h, k) is introduced below:

(x - h)² / a² + (y - k)² / b² = 1

Where:

a, b - Lengths of the semiaxes.(h, k) - Coordinates of the center.

The complete procedure is now presented:

15 · x² + 4 · y² + 30 · x - 16 · y - 29 = 0

(15 · x² + 30 · x) + (4 · y² - 16 · y) = 29

15 · (x² + 2 · x) + 4 · (y² - 4 · y) = 29

15 · (x² + 2 · x + 1) + 4 · (y² - 4 · y + 4) = 29 + 15 · 1 + 4 · 4

15 · (x + 1)² + 4 · (y - 2)² = 29 + 15 + 16

15 · (x + 1)² + 4 · (y - 2)² = 60

(x + 1)² / 4 + (y - 2)² / 15 = 1

The equation of ellipse is (x + 1)² / 4 + (y - 2)² / 15 = 1.

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what is the solution set for the inequality
A. x ≤ -5
B. x ≤ 5
C. x ≤ 1
d. x ≤ -14

Answers

The solution set to the inequality, 4x + 12 ≤ -8, is determined as: A. x ≤ -5.

How to Find the Solution Set of an Inequality?

The solution set is the value of x that would make an inequality statement true. To find the value of x, solve as you would solve a normal equation.

Using the key to the given model in the diagram, we can write the inequality as follows:

On the left, we would have, 4x + 12.

On the right, we would have, -8.

The inequality would be expressed as:

4x + 12 ≤ -8

Solve for x

4x + 12 - 12 ≤ -8 - 12 [subtraction property of equality]

4x ≤ -20

4x/4 ≤ -20/4

x ≤ -5

The solution set is: A. x ≤ -5.

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For an arc length s, area of sector A, and central angle θ of a circle of radius r, find the indicated quantity for the given value. r= 6.45 in, θ= 5 pi\6, s=?

Answers

Calculate the arc length by using the following formula:

[tex]s=r\theta[/tex]

Replace the values of r and θ and simplify:

[tex]\begin{gathered} s=(6.45in)(5\frac{\pi}{6})=(6.45)(\frac{5}{6})(3.14) \\ s=16.8775in \end{gathered}[/tex]

Hence, the arc length is 16.8775 in

For the following set of data, find the number of data within 2 population standard deviations of the mean.28, 65, 114, 74, 68, 75, 70, 69, 64

Answers

To determine the data that is within 2 population standard deviations of the mean, let's calculate the mean first.

To determine the mean, let's add all the data and divide the result by the total number of data.

[tex]28+65+114+74+68+75+70+69+64=627[/tex][tex]627\div9=69.66667[/tex]

The mean is 69.66667.

Let's now calculate the standard deviation. Here are the steps:

1. Subtract the mean from each data, then square the result.

[tex]\begin{gathered} 28-69.66667=(-41.66667)^2=1,736.1114 \\ 65-69.66667=(-4.66667)^2=21.7778 \end{gathered}[/tex][tex]\begin{gathered} 114-69.66667=(44.33333)^2=1,965.4441 \\ 74-69.66667=(4.33333)^2=18.7777 \end{gathered}[/tex][tex]\begin{gathered} 68-69.66667=(-1.66667)^2=2.7778 \\ 75-69.66667=(5.33333)^2=28.4444 \end{gathered}[/tex][tex]\begin{gathered} 70-69.66667=(0.33333)^2=0.1111 \\ 69-69.66667=(-0.66667)^2=0.4444 \\ 64-69.66667=(-5.66667)^2=32.1111 \end{gathered}[/tex]

2. Add the results in step 1.

[tex]1,736.1114+21.7778+1,965.4441+18.7777+2.7778=3,744.8888[/tex][tex]28.4444+0.1111+0.4444+32.1111=61.111[/tex][tex]3,744.8888+61.111=3,805.9998[/tex]

The sum is 3, 805.9998.

3. Divide the sum by the total number of data.

[tex]3,805.9998\div9=422.8889[/tex]

4. Square root the result in step 3.

[tex]\sqrt{422.8889}\approx20.56[/tex]

The standard deviation is approximately 20.56.

So, the data that are within 2 population standard deviations of the mean are between:

[tex]\begin{gathered} 69.67-(2)(20.56)=28.55\approx29 \\ 69.67+(2)(20.56)=110.79\approx111 \end{gathered}[/tex]

The data that are within 2 population standard deviations of the mean are between 29 and 111. Based on the given data, the data that are between 29 and 111 are the following: 64, 65, 68, 69, 70, 74, and 75. There are 7 data that are within 2 population standard deviations of the mean.

The standard normal curve is grafted below. Shade the region under the standard normal curve to the left of x=1.00Use the table to find the area under the standard normal curve to the left of x=1.00

Answers

Explanation

Part A

The shaded area under the standard normal curve to the left of z=1.00 can be seen below.

Part B

Using the z table, the area under the standard normal curve to the left of z.=1.00 is

Answer: 0.8413

in order to clean her aquarium Stephanie much remove half of the water the garden measures 30 inches long 16 inches wide and 12 inches deep the aquarium is currently completely full with volume of water in cubic inches must Stephanie remove?

Answers

Hello!

30in long (length)

16in wide (width)

12in deep (height)

First, we have to calculate the volume when the aquarium is full of water, using the formula:

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Hello, I had a question on how to find the leading coefficient and the degree.

Answers

Given:

given polynomial is

[tex]23v^5-2v+4v^8-18v^4[/tex]

Find:

we have to find the leading coefficient and degree of the polynomial.

Explanation:

The lewading coefficient is the coefficient of highest power term of the polynomial.

Highest power of v is 8 and its coefficient is 4.

Therfore, leading coefficient is 4.

and the degree of the polynomial is equal to the highest power of v in the polynomial, which is 8.

Therefore, the leading coefficient of polynomial is 4 and degree is 8.

Good evening, I need help on this questions. Thanks :)

Answers

Answer:

A and B ---> decreasing

B and C ---> constant

C and D ---> decreasing

D and E ---> increasing

Explanation:

A function is increasing if we go from left to right and the graph goes up, it is constant when it is a horizontal line and it is decreasing if when we go from left to right the graph goes down.

Therefore, for each part of the function, we get

A and B ---> decreasing

B and C ---> constant

C and D ---> decreasing

D and E ---> increasing

Your cousin is building a Sandbox for his daughter how much sand will he need to fill the Box? Explain. How much paint will he need to paint all six surface of the sandbox? Explain. 1ft 4ft 6ft not answer choices

Answers

Since the image is a rectangular prism

The volume of the box can be obtained by using the formula:

Volume = l x b x h

The box has a dimension of 1ft x 4ft x 6ft

The volume of the box = 1 x 4 x 6 = 24 cubic feet

Therefore, the volume of sand needed to fill the box will be = 24 cubic feet of sand

The surface area of the box can be obtained using the formula:

2(lb + lh + bh)

= 2(1x4 + 1x6 + 4x6)

=2(4 + 6 + 24)

=2 (34)

= 68 square feet

Therefore a total surface area of 68 square feet needs to be painted

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Mammoth As a torque activity, your Physics TA sets up the arrangement decribed below. A uniform rod of mass mr = 158 g and length L = 100.0 cm is attached to the wall with a pin as shown. Cords are attached to the rod at the r1 = 10.0 cm and r2 = 90.0 cm mark, passed over pulleys, and masses of m1 = 281 g and m2 = 177 g are attached. Your TA asks you to determine the following: (a) The position r3 on the rod where you would suspend a mass m3 = 200 g in order to balance the rod and keep it horizontal if released from a horizontal position. In addition, for this case, what force (magnitude and direction) does the pin exert on the rod? Use standard angle notation to determine the direction of the force the pin exerts on the rod. 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Express the direction of the force the pin exerts on the rod as the angle F, measured with respect to the positive x-axis (counterclockwise is positive and clockwise is negative). m4 = Fp = F = (c) Let's now remove the mass m4 and determine the mass m5 you would suspend from the rod in order to have a situation such that the pin does not exert a force on the rod and the location r5 from which you would suspend this mass in order to balance the rod and keep it horizontal if released from a horizontal position. m5 = r5 = Draw the preimage and image of the polygon with the vertices X(-1,4), Y (2,2), and Z(0,-1) translated using the vector Instructions: Factor 2x2 + 252 + 50. Rewrite the trinomial with the c-term expanded, using the two factors. 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If you have already completed the draft, continue to the next page to start revising.volume_up if, over time, wages and salaries on average rise at least as fast as inflation, should people have to worry about how inflation affects incomes? will indexing of wages and salaries to inflation then take care of the problem. are there other factors that will contribute to whether or not the problem is solved?