Find the present value that will grow to ​$24000 if interest is 3​% compounded quarterly for 14 quarters. The present value is ​$ . ​(Round to the nearest cent as​ needed.)

Answers

Answer 1

Answer:

$21,616.26.

Step-by-step explanation:

24000 =P(1 + 0.03/4)^14

P = 24000 / (1 + 0.03/4)^14)

21,616.26.

=

Answer 2

The present value that will grow to ​$24000 if interest is 3​% compounded quarterly for 14 quarters is $21,482.40

To find the present value that will grow to $24,000 at 3% interest compounded quarterly for 14 quarters, we use the formula for compound interest:

[tex]PV = FV / (1 + r/n)^{(n*t)}[/tex]

Where:

PV = Present Value

FV = Future Value ($24,000)

r = Annual interest rate (3% or 0.03 as a decimal)

n = Number of compounding periods per year (quarterly, so n = 4)

t = Number of years (14 quarters = 14/4 = 3.5 years)

Substitute the values into the formula:

PV = [tex]$24,000 / (1 + 0.03/4)^{(4*3.5)}[/tex]

PV = [tex]$24,000 / (1 + 0.0075)^{(14)}[/tex]

PV = [tex]$24,000 / (1.0075)^{14}[/tex]

PV ≈ $21,482.40 (rounded to the nearest cent)

Therefore, the present value required for it to grow to $24,000 in 14 quarters at 3% interest compounded quarterly is approximately $21,482.40.

In this explanation, we used the formula for compound interest to calculate the present value (PV). The formula accounts for the future value (FV), the annual interest rate (r), the number of compounding periods per year (n), and the time in years (t). By plugging in the given values and performing the calculations, we arrived at the present value of approximately $21,482.40.

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Related Questions

7.


For which discriminant is the graph possible?



A. b2 – 4ac = 0


B. b2 – 4ac = –1


C. b2 – 4ac = 4

Answers

Answer:

C. b2 – 4ac = 4

Step-by-step explanation:

Answer:

The graph is possible for  

Step-by-step explanation:

we know that

The discriminant of a quadratic equation of the form

is equal to

If D=0 the quadratic equation has only one real solution

If D>0 the quadratic equation has two real solutions

If D<0 the quadratic equation has no real solution (complex solutions)

In this problem , looking at the graph, the quadratic equation has two real solutions (the solutions are the x-intercepts)

so

therefore

The graph is possible for

...............................................................................................................................................

Answer:

b^2 – 4ac = 4

...............................................................................................................................................

(PICTURE) 15 Points and marking Brainliest could someone please answer/explain this for me

Answers

Answer:

9. Hypotenuse = √(19.1²+11.3²) = √492.5 = 22.2 m²

10. Area = (34×40)/2 + (17²×π/2)

= 680 + 453.96

= 1133.96 cm²

Answered by GAUTHMATH

Find the pressure exerted by a force of 240 N on an area of 30 cm2. Find the answer in SI unit​

Answers

Answer:

Pressure is 80,000 pascals.

Step-by-step explanation:

Area:

[tex] = { \bf{ 30 \times {10}^{ - 4} \: {m}^{2} }}[/tex]

Pressure:

[tex]{ \bf{pressure = \frac{force}{area} }} \\ \\ { \tt{ = \frac{240}{30 \times {10}^{ - 4} } }} \\ = { \tt{80000 \: pascals}}[/tex]

2. Sum of two numbers = 16
Difference of the numbers = 6
Find the numbers.
What is their product?

Answers

The numbers are 11 and 5
There product is 55

Answer:

Step-by-step explanation:

let the  numbers be x and y.

x+y=16

x-y=6

add

2x=22

x=22/2=11

11+x=16

x=16-11=5

product xy=11×5=55

the Marked price of an article is rupees 1600 if it is sold for rupees 1472 what is the discount rate​

Answers

Step-by-step explanation:

1600-1472=128

128/1600×100

is (the number in the photo) rational or irrational?

Answers

Answer:

irrational

Step-by-step explanation:

find the missing side of the triangle.​

Answers

Answer:

34

Step-by-step explanation:

x² = 30² + 16²

(pythagoras theorem)

x = Square root 30² + 16²

x = 34

Pythagorean theorem
A^2 + B^2 = C^2
30^2 + 16^2 = C^2
1156 = c^2
Square root of 1156 = c
C = 34
Therefore x = 34

EVALUATE: 10x – 2y3 (if x = 5 and y = 2)​

Answers

Answer:

10*(5) - 2*(2)^3

= 50 - 2*8

= 50 - 16

=34

Answer:

Step-by-step explanation:

với x=5 và y=2

phương trinh trở th a

10*  5 - 2 * 2^ 3

=50 -  2*8

=50 - 16

=34

Which of the following describes an air mass with the symbol CT? a. it is a cold air mass over an ocean c. it is a warm air mass over an ocean b. it is a warm air mass over a continent d. it is a cold air mass over a continent Please select the best answer from the choices provided

Answers

CT means continental tropical. meaning warm land. so the answer is B :) and this should be in the science section not math btw! good luck

Answer:

B is correct_

On the first day of travel, a driver was going at a speed of 40 mph. The next day, he increased the speed to 60 mph. If he drove 2 more hours on the first day and traveled 20 more miles, find the total distance traveled in the two days.

Answers

Answer:

380

Step-by-step explanation:

This is a bit nasty. It depends on how you read the 20 miles more and what you do with it. The best and most careful way to do it is do it a long way setting up the two equations carefully.

Second day

Let the time travelled = t

Let the speed travelled = 60 mph

d2 = 60*t

First Day

40*(t + 2) = d1

but d1 = d2 + 20 because he travelled 20 miles further on d1

40 * (t + 2) = d2 + 20

d2 however = 60*t

40*(t+2 ) = 60*t + 20          Remove the brackets

40t + 80 = 60t + 20           Subtract 20 from both sides

40t + 60 = 60t                   Subtract 40t from both sides

60 = 20*t                           Divide by 20

t = 60/20

t = 3 hours.

Day 2 = 60 + t = 180

Day 1 = 40*5  = 200

Total distance = 380

Where did that 20 miles go? It was just an observation about the difference in distance travelled between the 2 days.

The total distance the driver traveled in the two days is 260 miles

From the question, on the first day, the driver was going as a speed of 40 mph.

Let s be speed

∴ [tex]s_{1}= 40mph[/tex]

On the second day, he increased the speed to 60 mph

∴ [tex]s_{2}= 60mph[/tex]

From the statement- If he drove 2 more hours on the first day

Let time be t

Then

[tex]t_{1}= t_{2} + 2[/tex] hrs

and traveled 20 more miles

Let d be distance  

Then,

[tex]d_{1}= d_{2} + 20[/tex] miles

From the formula

Distance = Speed × Time

Then,

[tex]d = s \times t[/tex]

∴ [tex]d_{1} = s_{1} \times t_{1}[/tex]

From above,

[tex]d_{1}= d_{2}+20[/tex] miles

[tex]s_{1}= 40mph[/tex]

[tex]t_{1}= t_{2} + 2[/tex] hrs

Putting these into

[tex]d_{1} = s_{1} \times t_{1}[/tex]

[tex]d_{2} + 20 = 40\times (t_{2}+2)[/tex] ...... (1)

But,

[tex]Time = \frac{Distance}{Speed}[/tex]

∴ [tex]t_{2}= \frac{d_{2} }{s_{2} }[/tex]

From above, [tex]s_{2}= 60mph[/tex]

∴ [tex]t_{2}= \frac{d_{2} }{60}[/tex]

Put this into equation (1)

[tex]d_{2} + 20 = 40\times (t_{2}+2)[/tex]

[tex]d_{2} + 20 = 40\times (\frac{d_{2}}{60} +2)[/tex]

[tex]d_{2} + 20 = \frac{2}{3}d_{2} +80\\d_{2} = \frac{2}{3}d_{2} +80-20\\d_{2} = \frac{2}{3}d_{2} +60[/tex]

Multiply through by 3

[tex]3\times d_{2} = 3\times \frac{2}{3}d_{2} +3 \times 60\\3d_{2} = 2d_{2} + 120\\3d_{2} -2d_{2} = 120[/tex]

∴ [tex]d_{2} = 120[/tex] miles

∴The distance traveled on the second day is 120 miles

For the distance traveled on the first day,

Substitute [tex]d_{2}[/tex] into the equation

[tex]d_{1}= d_{2}+20[/tex] miles

∴ [tex]d_{1}= 120+20[/tex]

[tex]d_{1}= 140[/tex] miles

∴ The distance traveled on the first day is 140 miles

The total distance traveled in the two days = [tex]d_{1} + d_{2}[/tex]

The total distance traveled in the two days = 120 miles + 140 miles

The total distance traveled in the two days = 260 miles

Hence, the total distance the driver traveled in the two days is 260 miles

Learn more here: https://brainly.com/question/23531710

You want to put a 3 inch thick layer of topsoil for a new 15 ft by 26 ft garden. The dirt store sells by the cubic yards. How many cubic yards will you need to order? The store only sells in increments of 1/4 cubic yards.

Answers

Answer:

You will need to order 3.75 cubic yards of topsoil.

Step-by-step explanation:

Since you want to put a 3 inch thick layer of topsoil for a new 15 ft by 26 ft garden, and the dirt store sells by the cubic yards, to determine how many cubic yards will you need to order given that the store only sells in increments of 1/4 cubic yards, the following calculation should be performed:

3 inches = 0.25 feet

15 x 26 = 390 x 0.25 = 97.5

1 cubic yard = 27 cubic feet

97.5 cubic feet = 3.61 cubic yards

3.75 = 1/4 x 15

Therefore, you will need to order 3.75 cubic yards of topsoil.

A shopkeeper fixed the marked price of his radio to make a profit of 30 %. Allowing 15 % discount on the marked price, the radio was sold. What percent profit did he make? ​

Answers

Answer:

10.5 %

Step-by-step explanation:

Here .

let the Cost Price be 'x'

the..

by the question..

the marked price was fixed to make 30% profit

then..

the marked price will be

x+ 30% of x

= x + 30/100 × x

=x+ 0.3x

=1.3x

soo .. the marked price is 1.3x

now.. after allowing 15% discount..

the selling price will be

1.3x - 15% of 1.3x

= 1.3x - 0.195x

= 1.105x

thank you...

plzz mark me brainliest now

now..

profit made = 1.105x-x

= 0.105x

soo .

in percentage..

profit percent = profit/cp × 100%

= 0.105x/x × 100%

= 10.5 %

marked price of an item is 4000, what will be it's selling price having 20% discount and 10% vat.​

Answers

Answer:

I HOPE IT WILL HELP

EXPLANATION IS IN THE PHOTO .

Another way to do it is by

Multiplying the original value by the discounted percent, the percent taxed but add one to it.

(4,000)(.80)(1+10/100)= 3,520

4000 is the original value
.80 is the value of the item with 20% off
1.1 gives value after tax, adding the one allows you to see the value of the item after tax.




Please help i do not understand

Answers

Answer:

OPTION A

I CHOSE OPTION A AS THE ANSWER BECAUSE OPTI0N D CANNOT BE TRUE ACCORDING TO THE QUESTION AND OPTION B AND C ARENT TRUE BECAUSE IT WAS MENTIONED THAT AT 3 HOURS THE COST WOULD BE 140 $ BUT IN OPTION B IT SHOWS THAT THEY ALREADY ACHIEVED 200$ BEFORE IT EVEN BECAME 3 HOURS AND IT ISNT OPTION C BECAUSE IT  CROSSED 150$ WHILE IT WAS 3 HOURS SO MOST LIKELY THE ANSWER IS TO BE OPTION A.

HOPE THIS HELPS YOU....

Venus has 80 ounces of sports drink. If she drinks 60% of it, how much sports drink will she have left?

Answers

Answer:

32 ounces

Step-by-step explanation:

It would be 32 ounces that Venus has left in her sports drink.

Amy has four more 20c coins than 5c coins. The total value of all her 20c and 5c is $3.80. How many 5c coins does Amy have?

Answers

Answer:

Amy has 12 5¢ coins

Step-by-step explanation:

Let x represent 20¢ coins and y represent 5¢ coins.

Amy has four more 20¢ coins than 5¢ coins. Hence:

[tex]x=y+4[/tex]

And the total value of all her coins is $3.80. Thus:

[tex]0.2x+0.05y=3.8[/tex]

This yields a system of equations:

[tex]\displaystyle \begin{cases} x=y+4 \\ 0.2x+0.05y=3.8\end{cases}[/tex]

We can solve by substitution. Substitute the first equation into the first:

[tex]\displaystyle 0.2(y+4)+0.05y=3.8[/tex]

Distribute:

[tex]\displaystyle 0.2y+0.8+0.05y=3.8[/tex]

Combine like terms:

[tex]\displaystyle 0.25y = 3[/tex]

And divide both sides by 0.25. Hence:

[tex]y=12[/tex]

Thus, Amy has 12 5¢ coins.

Using the first equation:

[tex]x=y+4[/tex]

Substitute:

[tex]x=(12)+4=16[/tex]

Thus, Amy has 16 20¢ coins.

In conclusion, Amy has 12 5¢ coins and 16 20¢ coins.

PLEASE HELP. In the triangles below, DF MN, DG MP, D P. Can you prove that DFG MNP? Explain your answer. (15 points)

Answers

Complete question is;

In the triangles attached , DF is congruent to MN,DG is congruent to MP, angle D is congruent to angle P. Can you prove that triangle DFG is congruent to MNP.

Answer:

Proved below

Step-by-step explanation:

From the attached triangles, we can see that;

∠D corresponds to ∠M

∠F corresponds to ∠N

∠G corresponds to ∠P

But we are told that ∠D is congruent to ∠P. Thus, since we have 2 other congruent sides in the triangles, we can conclude that Side-Angle-Side Postulate (SAS) congruency theorem that triangle DFG is congruent to MNP.

please help, i will give brainliest!

Answers

Answer:

yes please, ask the question

Instructions: Find the measure of the indicated angle to the nearest
degree.
19
?
8
=

Answers

Answer:

? ≈ 65°

Step-by-step explanation:

Using the cosine ratio in the right triangle

cos? = [tex]\frac{adjacent}{hypotenuse}[/tex] = [tex]\frac{8}{19}[/tex] , then

? = [tex]cos^{-1}[/tex] ([tex]\frac{8}{19}[/tex] ) ≈ 65° ( to the nearest degree )

Nishi invests £3400 at 5% interest per year. Work out how much she will have altogether after: 3 years​

Answers

Answer:

£510

Step-by-step explanation:

5% of 3400 is 170. SInce she gets that much money every year, after 3 years she'll have 3*170 = £510.

Answer: Simple Interest = PRT

P= 3400

R = 5% = 5/100

T = 3

=> 3400 × 5/100 × 3 = 510

=》3400 + 510 = 3910

Step-by-step explanation:

The Volume of a sphare is 28/3 times the surface area calculate The surface area and the Volume of the sphere, correct to the nearest whole number.​

Answers

Given:

Volume of a sphere is [tex]\dfrac{28}{3}[/tex] times the surface area.

To find:

The surface area and the volume of the sphere.

Solution:

Volume of a sphere:

[tex]V=\dfrac{4}{3}\pi r^3[/tex]              ...(i)

Surface area of a sphere:

[tex]A=4\pi r^2[/tex]                      ...(ii)

Where, r is the radius of the sphere.

Volume of a sphere is [tex]\dfrac{28}{3}[/tex] times the surface area.

[tex]V=\dfrac{28}{3}\times A[/tex]

[tex]\dfrac{4}{3}\pi r^3=\dfrac{28}{3}\times 4\pi r^2[/tex]

Multiply both sides by 3.

[tex]4\pi r^3=112\pi r^2[/tex]

[tex]\dfrac{\pi r^3}{\pi r^2}=\dfrac{112}{4}[/tex]

[tex]r=28[/tex]

Using (i), the volume of the sphere is:

[tex]V=\dfrac{4}{3}\times \dfrac{22}{7}\times (28)^3[/tex]

[tex]V\approx 91989[/tex]

Using (ii), the surface area of the sphere is:

[tex]A=4\times \dfrac{22}{7}\times (28)^2[/tex]

[tex]A=9856[/tex]

Therefore, the surface area of the sphere is 9856 sq. units and the volume of the sphere is 91989 cubic units.

Sally spent half of her allowance going to the movies. She washed the family
car and earned 6 dollars. What is her weekly allowance if she ended with
17 dollars ?

Answers

does it give the answer choice or is it a blank space?

4. a) x2 + xy2 + y 4

Answers

Answer:

x2 + xy2 + y 4=(x+y^2)^2-xy^2

Step-by-step explanation:

Factor completely, show work.

x² - 49

Answers

You want to pull out the square roots of each term since they are both perfect squares.

Factor using the difference of squares formula: a2-b2=(a+b)(a-b)

This formula allows the middle term to cancel out.

=x2 - 49

=(x + 7)(x - 7)

ANSWER: (x + 7)(x - 7)

Hope this helps! :)

Use the circle to represent the following situation and show how you came up with the answer.

For lunch, you stop at a Pizza Express, where they sell pizza whole or by the slice. The area of one slice of a 16" pizza is 33.49in².
What angle does one slice make?

Answers

Answer:

look below bestie

Step-by-step explanation:

ok so i dont know most of it (sryy) but the area of the entire pizza is 535.84in², the radius of the pizza is about 13.05 and yea. thats all i got

757divide 100=to in hours and minutes

Answers

Answer:

Step-by-step explanation:

757 minutes = 12 hours 37 minutes

1. Which of the following is an algebraic expression?
a. X+5= 7
b. 5-2x = 3
C. 5x +4- 2x
d. -2 = 3x + 1

Answers

1.

C. 5x + 4 - 2x is an algebraic expression

I NEEDDDD HELPPPP ITSSS URGENTTTT!!!!!

Answers

Answer: 380.1

Step-by-step explanation:

The area of a circle is pi*r^2. So 11 times 11 is 121. Then multiply by pi. When multiplies by pi you get 380.132711084. rounded to the nearest tenth is 380.1.


Use the figure to find the Total Area.

Answers

Answer:

60

Step-by-step explanation:

Multiply length times width times height

Answer:

C or 104

Step-by-step explanation:

I assume this is surface area, and I don't know what kinda sadist person would make everyone learn in "Total Area," but it is what it is.

So, to find total area, we need to literally multiply every different number with the other.

(You should not do it the way I did, as I did it in the easiest and simpliest way to understand possible.)

Actually, you get the length, width, and height of a figure and do what is below pretty much.

You multiply the length by the width, the length by the height, and the width by the height (doesn't have to be in this order, this is just to make it easy to remember which ones you did.)

We multiply the

5 * 6

5 * 2

and then the

6 * 2

This accounts for every possible case, as multiplying 2 * 5 gives the same thing as the second expression anyways.

So we then solve these three expressions.

5 * 6 = 30

5 * 2 = 10

and then the

6 * 2 = 12

And we add them to get

30 + 10 + 12

= 52.

Then we multiply by 2, because there are two cases of each face of the shape.

You need to remember that there is 3 other faces on the shape you are looking at, it's just that the shape/figure is facing you in a way that you can't see them.

After multiplying by 2, we get

52 * 2

= 104, which is C.

TAKE A SCREENSHOT NOT A PICTURE AS WE DON'T NEED TO SEE SOME 420P MONITOR FROM 1987 THAT SHOWS EVERY PIXEL PLEASE AND THANK YOU :D

Which expression is equivalent to −24x+72?

−24(x−72)negative 24 times open paren x minus 72 close paren

−24(x−3)negative 24 times open paren x minus 3 close paren

24(x+3)24 times open paren x plus 3 close paren

24(x+72)

Answers

Answer:-24(x-3) = -24x (-24)(-3)

Step-by-step explanation:

Answer:

eat my hand where the pic

Step-by-step explanation:

yeah

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