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

Atlantic Hurricanes
Number
1925
1930
1935
1940
1945
1950
1955
1960
1965
1970
1975
Year
Between which years was
the biggest change in the
number of hurricanes?

Answers

Answer:

1950

Step-by-step explanation:

because 1950 column has the most highest number which is 11

Answer:

Between 1945 and 1950 ( from 5 to 11 ),

Step-by-step explanation:

a two-digit number is 5 times as large as the sum of its digits. What number is it?

Answers

Answer:

45

Step-by-step explanation:

CHECK ANSWER:

45  *5 = 225

45+5 = 50

50 < 225

sum < times

I hope this helped !

2^12÷2^(k/2 )= 32 find k​

Answers

Answer:

k = 14

Step-by-step explanation:

Prime factorize 32

32 = 2 * 2 * 2 * 2 * 2  = 2⁵

[tex]\frac{2^{12}}{2^{\frac{k}{2}}}= 32\\\\\frac{2^{12}}{2^{\frac{k}{2}}}=2^{5}\\\\2^{12-\frac{k}{2}}=2^{5}[/tex]

Both sides base are same.So, compare exponents

[tex]12-\frac{k}{2}=5\\[/tex]

Subtract 12 from both side

[tex]-\frac{k}{2}=5-12\\\\-\frac{k}{2}=-7\\[/tex]

Multiply both sides by (-2),

[tex](-2)*(-\frac{k}{2})=-7*(-2)\\\\k = 14[/tex]

the area of a parallelogram is 48cm².if the two adjacent sides are 8cm and 6cm, find the length of its diagonal .​

Answers

Answer:

10cm

Step-by-step explanation:

Assuming the shape is a rectangle since it's already stated that it's a parallelogram, and the area is stated, we can use the Pythagorean theorem to find the length

[tex]a^{2} +b^2=c^2[/tex], where c will be the length

isolate c

[tex]c^2=a^2+b^2[/tex]

[tex]c=\sqrt{a^2+b^2}[/tex]

substitute for a and b

[tex]c=\sqrt{8^2+6^2}[/tex]

[tex]c=\sqrt{64+36}[/tex]

[tex]c=\sqrt{100}[/tex]

[tex]c=10[/tex]

Si Juana tiene dos perros y lo simbolizamos y 2p y le regalan un hato y lo simbolizamos por g como se representa en el leguaje algebraico.

A) 3P
B) 3G
C) 2PTG
D) 2P-G

Answers

your question makes absolutely no sense

Below are the times (in days) it takes for a sample of 6 customers from Sarah's computer store to pay their invoices.
33, 16, 29, 41, 36, 37

Find the standard deviation of this sample of times. Round your answer to two decimal places.

=___

Answers

Answer:

8.80

Step-by-step explanation:

(S. D.)^2=summation(x-mean)^2/(n-1)

S. D.=sqrt(388/5)

S. D.=8.80

hurry PLEASE i'm unsure of this

Answers

Answer:

Infinite solutions

Step-by-step explanation:

x + 4y = 7 --------------(I)

8y = 14 - 2x

⇒ 2x + 8y = 14 -----------(II)

[tex]\frac{a_{1}}{a_{2}}=\frac{1}{2}\\\\\frac{b_{1}}{b_{2}}=\frac{4}{8}=\frac{1}{2}\\\\\frac{c_{1}}{c_{2}}=\frac{7}{14}=\frac{1}{2}\\\\\frac{a_{1}}{a_{2}}=\frac{b_{1}}{b_{2}}=\frac{c_{1}}{c_{2}}=\frac{1}{2}[/tex]

So, infinite solutions

Answer:

G

Step-by-step explanation:

Given the 2 equations

x + 4y = 7 → (1)

8y = 14 - 2x → (2)

make x the subject of (1) by subtracting 4y from both sides

x = 7 - 4y

Substitute x = 7 - 4y into (2)

8y = 14 - 2(7 - 4y) ← distribute

8y = 14 - 14 + 8y

8y = 8y

Since both sides are equal this indicates the system has infinite solutions

If the angles of a pentagon are x 2x 3x 4x 5x .Find the value of X

Answers

Mark Brainliest if correct:

x = 36

Step-by-step explanation:

x + 2x + 3x + 4x + 5x = 540 (Sum of interior angles in pentagon)

15x = 540

x = 36

A customer's stock value seems to be rising exponentially. The equation for the linearized regression line that models this situation is log(y) = 0 30x +0 296, where x represents number of weeks. Which of the following is the best approximation of the number of weeks that will pass before the value of the stock reaches $200?

A. 9.3
B. 12.1
C. 6.7
D. 4.8​

Answers

Given:

The equation for the linearized regression line is:

[tex]\log y=0.30x+0.296[/tex]

where x represents number of weeks and y be the customer's stock.

To find:

The number of weeks that will pass before the value of the stock reaches $200.

Solution:

We have,

[tex]\log y=0.30x+0.296[/tex]

Substituting y=200, we get

[tex]\log (200)=0.30x+0.296[/tex]

[tex]2.301=0.30x+0.296[/tex]

[tex]2.301-0.296=0.30x[/tex]

[tex]2.005=0.30x[/tex]

Divide both sides by 0.30.

[tex]\dfrac{2.005}{0.30}=x[/tex]

[tex]6.6833333=x[/tex]

[tex]x\approx 6.7[/tex]

Therefore, the correct option is C.

What is the midpoint of the vertical line segment graphed below?
A
to
(2,4)
-10
10
. (2.-9)
10
O A. (2.-5)
O B. (4,-5)
Ос.
O D. (2 - 2

Answers

Answer:

(2,-2.5)

Step-by-step explanation:

(2,4) and (2,-9)

((2+2)/2,(4+(-9))/2)

or, (4/2,-5/2)

or, (2,-2.5)

The midpoint of the  vertical line segment in the graph is (2, -5/2), option D is correct.

What is Coordinate Geometry?

A coordinate geometry is a branch of geometry where the position of the points on the plane is defined with the help of an ordered pair of numbers also known as coordinates.

We have to find the midpoint of the line joining the two points (2, 4) and (2, -9)

Midpoint = (x₁+x₂/2, y₁+y₂/2)

x₁ = 2, y₁=4, x₂ =2 and y₂ = -9

We have to plug in the values in the above formula

Midpoint = (2+2/2, 4-9/2)

Midpoint = (6/2, -5/2)

=(2, -5/2)

Hence, the midpoint of the  vertical line segment in the graph is (2, -5/2)

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2x²+3x²+3.(-1) =5x.x+5x .1

Answers

[tex]\\ \sf\longmapsto 2x^2+3x^2+3(-1)=5x.x+5x.1[/tex]

[tex]\\ \sf\longmapsto 5x^2-3=5x^2+5x[/tex]

[tex]\\ \sf\longmapsto 5x^2-5x^2-3=5x[/tex]

[tex]\\ \sf\longmapsto 5x=-3[/tex]

[tex]\\ \sf\longmapsto x=\dfrac{-3}{5}[/tex]

Write 6.8167 correct to 3 significant figures.​

Answers

Answer:

6.82

Step-by-step explanation:

which line is a graph of the equation 2x+5y=-10?​

Answers

5y=-2x-10

y=-2/5x-2

Rewriting the equation to slope intercept form, you get that the slope is -2/5 and the y intercept is -2. The graph that matches that is line d.

Answer:

Line D (-5,-2)

Step-by-step explanation:

I usually just use the website, demos graphing calculator.

For what value of k does the linear system below have infinite solutions?
2x - 6y = k
6x - 18y = 30

Answers

Answer:

10

Step-by-step explanation:

The first equation should be the same with the second one, then we will have an infinite number of solutions of this system.

So if I multiply the first equation by 3, it'll be

6x-18y=3k

So if they should be the same, 30=3k

K=10

Convert the following equation into slope intercept form. -5x + y = 2 y = ?x + ?

Answers

Answer:

5, 2

Step-by-step explanation:

hope u got it.........

Answer:

y = 5x + 2

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Given

- 5x + y = 2 ( add 5x to both sides )

y = 5x + 2 ← in slope- intercept form

Mrs brown designed a rug if it cost $22 per square foot to make how much will Mrs brown pay if the square feet is 31.25

Answers

Answer:

$687.5

Step-by-step explanation:

Cost of the rug per square foot = $22

Length of the rug = 31.25 feet

Total amount Mrs brown will pay = Cost of the rug per square foot × Length of the rug

= 31.25 × 22

= $687.5

Total amount Mrs brown will pay = $687.5

Anybody good in pre Calculus and know how to do #3 or #4?

Answers

Answer:

3. 0

4. n = -2

Step-by-step explanation:

I haven't taken pre-calc but this looks a lot like algebra.

For #3, just plug in -2 for the x values, so:

x^2 + 4x +4

(-2)^2 + 4(-2) + 4

= 4 - 8 + 4

= 0

For #4, move the variables to one side and solve( im not sure what the pi is for tho, or is that a n?):

5n + 6 = -3n - 10

add 3n to both sides

8n + 6 = -10

subtract 6 from both sides

8n = -16

divide both sides by 8

n = -2

Customers of a phone company can choose between two service plans for long distance calls. The first plan has a $23 monthly fee and charges an additional $0.11 for each minute of calls. The second plan has no monthly fee but charges $0.15 for each minute of calls. For how many minutes of calls will the costs of the two plans be equal?

Answers

Answer:

575 minutes

Step-by-step explanation:

this is  a systems of equations problem

2 plans, 2 equations

Scenario 1:

$23 is a mandatory fee, 11 cents per minute

x=23+0.11m (x= total cost, m= minutes called)

Scenario 2:

There is no mandatory fee, but there is a higer 15 cents per minute

x=0.15m (y=total cost, m=minutes called)

Set them equal to each other because you want to know when they become equal

23+0.11m=0.15m

23=0.04m

m=575

Answer:

Plan 1: 65 minutes, Plan 2: 201 minutes

Step-by-step explanation:

Not sure if this is the answer that you need but here is the math that i did..

Plan 1: $23 + $0.11/min

$0.11 x 65 minutes will give you a total of $7.15 + the inital $23 = $30.15

Plan 2: $0 + $0.15/min

$0.15 × 201 minutes will give you a total of $30.15

I hope this helps!

I need help please help me

Answers

Answer:

I found x for you, right there.

Answer:  x is 12 and y is 5

Step-by-step explanation:

♥️♥️PLEASE ANSWER♥️❤️

Find the slope of the line that contains (8, -2) and (-2, -2).

Answers

Answer:

y = -2

Step-by-step explanation:

y2 - y1 / x2 - x1

-2 - (-2) / -2 - 8

0/-10

= 0

y = 0x + b

-2 = 0(-2) + b

-2 = 0 + b

-2 = b

Answer:

Y = -2

slope = 0

Step-by-step explanation:

x1 y1  x2 y2

8 -2  -2 -2

   

(Y2-Y1) (-2)-(-2)=   0  ΔY 0

(X2-X1) (-2)-(8)=    -10  ΔX -10

   

slope= 0          

B= -2          

   

Y = -2    

Find the measure of the indicated angle to the nearest degree.

Answers

Answer:

37

Step-by-step explanation:

tan(theta)=perpendicular/base

tan(theta)=3/4

theta=arctan(3/4)=37

Answer:

37°

Step-by-step explanation:

for this question you have to use the tan ratio since the opposite of that angle has been given as 3 and the adjacent has also been given which is 4..I will represent the unknown angle using x so,

tan x=opposite/adjacent

tanx=3/4

tanx=0.75

x=tan inverse of 0.75

x=36.9 or 37°

I hope this helps

Complete the following sentence.

A radius is________
the diameter.

Answers

Answer:

1/2

Step-by-step explanation:

The radius is 1/2 of the diameter

a radius is 1/2 the diameter

In circle C, SQ = 10 cm.

Circle C is shown. Chords S Q and R P intersect at point C. Angle P C Q is 30 degrees.

Which statements about the circle are correct? Check all that apply.

Arc PQ is congruent to arc SR.
The measure of arc QR is 150°.
The circumference of circle C is 20π cm.
Arc PS measures about 13.1 cm.
Arc QS measures about 15.7 cm.

Answers

Answer:

its 1,2,4,5

Step-by-step explanation:

Answer:

A, B, D, E

Step-by-step explanation:

Arc PQ is congruent to arc SR. TRUE

The measure of arc QR is 150°. TRUE

The circumference of circle C is 20π cm. FALSE

Arc PS measures about 13.1 cm. TRUE

Arc QS measures about 15.7 cm. TRUE

Divide. Write your answer as a fraction in simplest form. − 10 2/7÷(−4 4/11)=

Answers

Answer:

33/14

Step-by-step explanation:

[tex] - 10 \frac{2}{7} + ( - 4 \frac{4}{11} )[/tex]

[tex] = - \frac{72}{7} \div - ( \frac{48}{11} )[/tex]

[tex] = \frac{72}{7} \times \frac{11}{48} [/tex]

[tex] = \frac{3}{7} \times \frac{11}{2} [/tex]

[tex] = \frac{33}{14} [/tex]

stan dreamcatcher

Find COS
out of
Instructions: Find the value of the trigonometric ratio. Make sure to
simplify the fraction if needed.
A
9
B
41
40
С
Cos A

Answers

[tex] \frac{9}{41} [/tex]

Step-by-step explanation:

The ratio cosine tell us that

In a right angled triangle, the cosine of an angle is the side adjacent to the angle divided by the hypotenuse of the triangle.

In other words,

[tex] \cos(x) = \frac{adj}{hyp} [/tex]

The side adjacent to angle a is 9. The hypotenuse is 41.

So

[tex] \cos(a) = \frac{9}{41} [/tex]

The Hernandez family is evenly splitting 7 liters of gasoline between their 4 cars.

How many liters of gasoline should each car get?

(In fractions)

Answers

Answer:

Each car should get 1.7, 17/10 or 1 7/10

Step-by-step explanation:

Answer:

[tex]1\frac{3}{4} \ liters[/tex]

Step-by-step explanation:

7 liters of gasoline is shared between 4 cars. So 7÷ 4

[tex]\frac{7}{4}=1\frac{3}{4} \ liters[/tex]

A sailboat has a large sail in the shape of a right triangle. The height of the sail measures 17 yards, and the width measures 8 yards

Answers

Answer:

68

Step-by-step explanation:

17x8 = 136

136/2 = 68

I will give brainlist

Answers

Answer:

54

Step-by-step explanation:

162 divided by 3 is 54

Answer:

54 words per minute

Step-by-step explanation:

in 3 minute Rachel types 162 words

so, in 1 minute Rachel types 162words÷ 3 minutes

= 54 words per minute

Given: j(x) = x2 - 2x + 1
Which set of values represents the range of the function for the domain {0, 1, 5}?

Answers

Answer:

{1, 0, 16}

Step-by-step explanation:

given..

j(x) = x^2-2x+1

put all given values of domain (1,0 and 5 ) in the equation..

the values you get are range of the function

Answer: 1

Step-by-step explanation

0(2)-2(0)+1=0+0+1= 1

1(1)-(2)(1)+1=1-2+1= 1

(5)(2)-(2)(5)+1=10-10+1= 1

I don't get it- can someone explain

Answers

Answer:

11 4-passenger cars

Step-by-step explanation:

let 'x' represent the number of 4-passenger cars,then 'x-3' represent the number of 6-passenger cars.

92=4x+6(x-3)

92=4x+6x-18

92=10x-18

92+18=10x

110=10x

x=110/10

x=11

Therefore there are 11 4-passenger cars

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