What amount would you have if you deposited $2,500 a year for 30 years at 8 percent (compounded annually)?

Answers

Answer 1

Given the annual deposit amount and annual interest rate, future value of  the annuity in the given period of time is $283,208.03.

What is the total amount accrued in the given period of time?

Annuity is simply a mechanism to create substantial amount in future by making relatively very small periodic payments up until maturity.

It is expressed mathematically as;

F = P × (( (1+r)^(nt) - 1 )/r)

Given the data in the question;

Annual deposit amount P = $2,500Annual interest rate r = 8% = 8/100 = 0.08Compounded annually = Ones in a year = 1Time t = 30 yearsFuture value = ?

Plug the given values into the equation above and solve for A.

F = P × (( (1+r)^(nt) - 1 )/r )

F = 2500 × ( ((1 + 0.08 )^(1×30) - 1 ) / 0.08 )

F = 2500 × (( (1.08 )³⁰ - 1 ) / 0.08 )

F = 2500 × ( 10.06265688 - 1)/0.08 )

F = 2500 × ( 9.06265688/0.08 )

F = 2500 × 113.28321111

F = $283,208.03

Given the annual deposit amount and annual interest rate, future value of  the annuity in the given period of time is $283,208.03.

Learn more about annuity here: https://brainly.com/question/13119823

#SPJ1


Related Questions

help please rn please help

Answers

Answer: the answer is MO=5

Step-by-step explanation:

Rewrite using an exponent.

Answers

Answer:

2[tex] {}^{5} [/tex]

Step-by-step explanation:

2×2×2×2×2 = 2[tex] {}^{5} [/tex]

One state has a 6% sales tax on clothing items priced at $75 or higher, and no sales tax on clothing items priced under $75. What is the total tax on the items in the table above?​

Answers

Hello! It seems that we need a table to answer this question, but it is not given to me in your question. I will help to guide your way, though!
For percentages, we turn it into a decimal (move it 2 places to the left) and then multiply by the number. Let’s use the example of 75 dollars. To find its tax, we would multiply $75 by .06. This equals $4.5. This means that the tax is equal to $4.5. Now we need to add this tax to our $75. 75 + 4.5 = $79.5. Our total price for this piece of clothing would be $79.5.

Let’s use another random price as an example - $84.95. $84.95 times .06 = $5.097. Now we add the tax. We would get a total of $90.047 (or $90.05, since we round to our nearest tenth in money).

For your table, you would find the tax for every individual clothing above $75. Your table says to add the total tax (NOT the totals of the prices) together. So, using the numbers I did, we would add $4.5 + $5.097. This equals $9.597, or $9.60 total tax for these items. (Note: You can just ignore items under $75)

Полоску бумаги разрезали на 7 частей. После этого самую большую
из полученных частей снова разрезали на 7 частей. Затем снова самую большую
из полученных частей разрезали на 7 частей. Так поступили много раз: на
каждом шаге самую большую часть разрезали на 7 частей. Могло ли в итоге
получиться 500 частей?

Answers

Answer:

2556285=68358556

Step-by-step explanation:

+58385-5838688(68589)8999=9858288

20 points!!!What is a two step problem with variables on each side equal 20? (Please help)

Answers

5x • (2 +2) = (5-3) • 10x
5x • 4 = 2 • 10x
20x = 20x

5x-15=5+4x

    +15 +5

   5x=20+4x

  -4x       -4x

     x= 20

Step-by-step explanation:

One side of a rectangle is 4 m longer than four times another side. The area of the rectangle is 224 m².
Find the length of the shorter side.
m

Answers

Let the another side be x m.

Therefore, the longer side = (4 + 4x) m.

Now,

[tex]{\sf{→x \times (4 + 4x) = 224 \\ →4x + 4x {}^{2} - 224 = 0 \\→ x {}^{2} + x - 56 = 0 \\ →x {}^{2} + 8x - 7x - 56 = 0 \\ →x(x + 8) - 7(x + 8) = 0 \\ →(x - 7)(x +8 ) = 0 \\ →x = 7 \: or \: x = - 8 \\ \\ length \: cannot \: be \: negative \\ possible \: solution \: (x) = 7}}[/tex]

Length of shorter side = x = 7 metres.

[tex]{\sf{answer\: \\ss}}[/tex]

At Keller's Bike Rentals, it costs $15 to rent a bike for 4 hours.
How many dollars does it cost per hour of bike use?

Answers

Answer:

3.75

Step-by-step explanation:

15/4=3.75

Answer:

12 1/3

Step-by-step explanation:

because when you find the total cost plus divide it gives u the answer

Calculate (multiply (1-2i)(6+5i)

Answers

Answer:

-7 i + 16

Step-by-step explanation:

Simplify the following:

(-2 i + 1) (5 i + 6)

(1 - 2 i) (6 + 5 i) = (1) (6) + (1) (5 i) + (-2 i) (6) + (-2 i) (5 i):

6 + 5 i - 2 i×6 - 2 i×5 i

-2×6 = -12:

6 + 5 i + -12 i - 2 i×5 i

-2 i×5 i = -2 i^2 5:

6 + 5 i - 12 i + -2 i^2×5

i^2 = -1:

6 + 5 i - 12 i - 2-1×5

-2 (-5) = 10:

6 + 5 i - 12 i + 10

6 + 5 i - 12 i + 10 = (6 + 10) + (5 i - 12 i) = 16 - 7 i:

Answer:  -7 i + 16

Answer: your answer to this question would be 16-7i

Step-by-step explanation:

what is the domain and range of the question below
domain=
range =

Answers

The Domain is   [-4, -2] U  [-1, 1)  and range is [4, 0)

What is Domain and Range?

The domain of a function is the set of values that we are allowed to plug into our function.

The range of a function is the set of values that the function assumes.

Given:

The left piece has its other endpoint at x = -2.

So, the interval for the domain is [-4, -2] and the other part is [-1, 1)

So, the domain is [-4, -2] U  [-1, 1)

and the range is the vertical range of the right part.

So, range is [4, 0)

Learn more about domain and range here:

https://brainly.com/question/17204393

#SPJ1

finding the common difference

5,11,____ , 23,29,____…

Answers

Answer:

5,11 , 17, 23, 29, 35

Step-by-step explanation:

Answer:

5, 11, 17, 23, 29, 36

Step-by-step explanation:

To get from 5 to 11, we add 6. Similarly, to get from 11 to _, we add 6, and get 17. This also works with 29 to _. We get 36.

Tom bought a pencil case for $60 and sold it to gain a profit of 20% on his cost price.
(a) How much money did he gain? (b) How much money did he sell the pencil case for?

Answers

$60 x 1.20 = $72 - $60 = $12 profit

a. $12
b. $72

Given the graphs of f(x) and g(z) below, find the composition of functions f(g(-1)).

Answers

The composition of the functions, f(g(-1)) = 2.

How to Find the Composition of Functions?

To find the composition of the functions, f(g(-1)), first, find the function, g(-1) by tracing the value of y that will give an x-value of -1 on the function graph.

The next step is to use the value you get in the first step to trace which value of y will give an x-value equivalent to what you got in the first step on the second function graph.

Thus, from the graph of g(x), g(-1) = 0. Using the graph of f(x), the value of y when x = 0 is 2.

Therefore, the composition of the functions, f(g(-1)) = 2.

Learn more about the composition of functions on:

https://brainly.com/question/10687170

#SPJ1

two complementary angles are X + 4 degree and 2 x - 7 degree find the value of x​

Answers

Answer:

x+4+2x-7=180

3x-3=180

3x=183

x=61

Find the vertex of the quadratic function f(x)=(x+3)2−4

Answers

The vertex of the quadratic function f(x) = (x + 3)² - 4 is (-3,-4)

How to find the vertex of the quadratic function?

Given a quadratic function, the equation of the quadratic function in vertex form is given by f(x) = a(x - h)² + k where

h = x - coordinate of vertex and k = y-coordinate of vertex and (h, k) is the vertex

Now, given the quadratic function f(x) = (x + 3)² - 4, we require the vertex of the quadratic function.

Comparing the function f(x) = (x + 3)² - 4 with f(x) a(x - h)² + k, we see that

a = 1, h = -3 and k = -4.

Since the vertex of the quadratic function is (h, k), we see that the vertex of the quadratic function f(x) is (-3,-4)

So, the vertex of the quadratic function is (-3,-4)

Learn more about vertex of quadratic function here:

https://brainly.com/question/4115477

#SPJ1

is it possible for a binomial and trinomial to have the same degree?

Answers

Answer:

No

Step-by-step explanation:

B/c trinomial has exactly 3 terms and binomial only have 2

Kenneth measured a hotel and made a scale drawing. The scale he used was 1 inch = 4 feet. The actual length of a room in the hotel is 20 feet. How long is the room in the drawing ​

Answers

Answer:

The room is 5 inches in the drawing.

Step-by-step explanation:

If the room is 20 feet and each inch in his drawing measures 4 feet what you need to do is see how many times 4 goes into 20.

4 times 5 = 20

So the answer would be 5

Hope it helps! =D

The sum of three consecutive odd numbers is 177. Find the number. Step by step please

Answers

X=57 is the required answer and 57 59 and 61 are the required numbers

Answer:

57, 59 and 61

Step-by-step explanation:

Let the first odd number be n The next consecutive odd number is n + 2 and the next one after that is n + 4
(consecutive odd numbers have difference of 2 between them. For example if 7 is the first odd number next one is 9(7+2) and the next one is 11(7+4)

We are given that the sum of the numbers is 177. So we have the following equation:

n + (n + 2) + (n +4) = 177

Simplifying gives

n + n + 2 + n + 4  = 177

Collect like terms:

n + n + n + 2 + 4 = 177
3n + 6 = 177

Subtract 6 from both sides
==> 3n = 177 - 6
==> 3n = 171

Divide by 3 both sides
3n/3 = 171/3

n = 57 and this is the first of the odd numbers

The next odd number is 57+ 2 = 59

and the next one after that is 59 + 2 = 61 (same as 57 + 4)

A plumber has a 20Foot

Answers

Answer:

14

Step-by-step explanation:

I think the question is whether: "a plumber has a 20-foot piece of PVC pipe. how many 7/5 foot pieces can be cut from the 20-foot piece?"

Express 88 kilometers per hour in miles per hour.
mi/hr
(Round to the nearest hundredth as needed.)

Answers

88 kilometers per hour in miles per hour is 54.68 mi/hr

Converting kilometers per hour to miles per hour

Note that:

1 km = 0.6214 miles

The measurement to convert is 88 kilometers per hour

Multiply 88 kilometers per hour by 0.6214 to convert to miles per hour

88 kilometers per hour = 88 x 0.6214 miles per hour

88 kilometers per hour = 54.6832 miles per hour

88 kilometers per hour =  54.68 mi/hr

Therefore, 88 kilometers per hour in miles per hour is 54.68 mi/hr

Learn more on speed conversion here: https://brainly.com/question/7716790

#SPJ1

For the piecewise​ function, find the values ​g(​-6), ​g(1​), and ​g(8​).

Answers

The output values of ​g(​-6), ​g(1​), and ​g(8​) in the given piecewise function are -1, 6 and -6 respectively.

What are the output values of g(​-6), ​g(1​), and ​g(8​) in the given piecewise function?

Given the piecewise function in the question;

                   x + 5, for x ≤ 1

g(x) = {

                   2 - x, for x > 1

g(​-6) = ?​g(1​) = ?​g(8​) = ?

Determine the output value of g(-6), -6 falls in the domain of x ≤ 1,

Hence;

g(x) = x + 5

g(-6) = -6 + 5

g(-6) = -1

Determine the output value of g(1), 1 falls in the domain of x ≤ 1,

Hence;

g(x) = x + 5

g(1) = 1 + 5

g(1) = 6

Determine the output value of g(8), 8 falls in the domain of x > 1,

Hence;

g(x) = 2 - x

g(8) = 2 - 8

g(8) = -6

Therefore the output values of ​g(​-6), ​g(1​), and ​g(8​) in the given piecewise function are -1, 6 and -6 respectively.

Learn more about piecewise function here: https://brainly.com/question/12700952

#SPJ1

hans bought three books at a bookstore. Here are the prices(in dollars). 6,19.1,6.97 what is the total amount Hans paid at the bookstore

Answers

Answer:

$32.07

Step-by-step explanation:

Just add them together.

I need help to find x and y

Answers

The system of nonlinear equations have two solutions: (x, y) = (0.114, 0.354), (x, y) = (1.432, 1.103).

What is the solution of a system of nonlinear equations?

In this problem we find a system of two nonlinear equations involving radical expressions. We proceed to resolve the system of nonlinear equations by algebra properties:

(2 · x - 1)² + 8√(2 · x · y) = 4

8√(2 · x · y) = 4 - (2 · x - 1)²

8√(2 · x · y) = 4 - 4 · x² + 4 · x - 1

8√(2 · x · y) = 4 · x - 4 · x² + 3

64 · (2 · x · y) = [(4 · x + 3) - 4 · x²]²

128 · x · y = (4 · x + 3)² - 8 · (4 · x + 3) · x² + 64 · x⁴

128 · x · y = 16 · x² + 24 · x + 9 - 32 · x³ - 24 · x² + 64 · x⁴            (1)

4 · y - √(8 · x · y - 1) = 1

4 · y - 1 = √(8 · x · y - 1)

(4 · y - 1)² = 8 · x · y - 1

16 · y² - 8 · y + 2 = 8 · x · y                                                             (2)

Now we plot two equations on a graphing tool and find that the system has the following two solutions: (x, y) = (0.114, 0.354), (x, y) = (1.432, 1.103).

To learn more on systems of nonlinear equations: https://brainly.com/question/27871519

#SPJ1

Solve.
3z +2y-z = 8
2z+22=-4
z+3y=4

Answers

Answer:

(1, 1,-3)

Step-by-step explanation:

Solve the equation by the zero factor property
b^2-8b+15=0

Answers

Answer:

(b-5)(b-3)

Step-by-step explanation:

To factor this equation we have to find 2 numbers that combine to equal -8 and multiply together to equal 15

these numbers would be -3 and -5

after that you just put them in an equation like so:

(b-5)(b-3)

you can check your work by just multiplying those back together

If you want future explanation on how to do this just ask

hope this helps :D

The radius of a circle is 12 inches. What is
the diameter?

Answers

Answer:

diameter is 24 inches

Step-by-step explanation:

diameter is basically two times the radius

explain square root of 3 rational number

Answers

Answer:

[tex]\sqrt{4}[/tex], [tex]\sqrt{9}[/tex], [tex]\sqrt{16}[/tex]

Step-by-step explanation:

I think that you are asking for 3 examples of square roots that are rational.  All perfect squares are rational.  If the square root is not a perfect square then the number is irrational.

[tex]\sqrt{4[/tex] = 2 and -2.  The number multiplied by itself is an integer.  Integers are the whole numbers and their opposites: ...-3, -2, -1,  0, 1, 2, 3...  

1/2 is not an integers.  0.75 is not an integer.

[tex]\sqrt{9}[/tex]  is 3 and -3

[tex]\sqrt{16}[/tex] is 4 and -4

Numbers like:

[tex]\sqrt{3}[/tex] is irrational because this number in a decimal form never terminates or repeats.  

5 1/2 x 1 1/4
put in simplest form

Answers

Answer:

6 7/8

Step-by-step explanation:

First we would need to turn the 5 1/2 into a improper fraction. Then, do the same for the 1 1/4 as well. To do this, multiply the denominator by the whole number and then add the numerator. Once you get those values, you simply multiply across, meaning the numerators get multiplied together and the denominators get multiplied together. The value you get is the improper fraction form of the simplest form. Then you can convert it back to a mixed fraction if that is the form you need. To do this divide the numerator by the denominator. Now we have a value of 11/2 x 5/4 = 55/8. So divide 55 by 8 and leave the remainder in fraction form. Therefore the answer should be 6 7/8, after it is reduced.

I hope this helps, have a blessed day! :)

EASY QUESTION 20 POINTS

Answers

Answer:(7/9)^12

Step-by-step explanation:

Answer:

C. (7/9)^12

Step-by-step explanation:

(49/81)^6 = (7^2/9^2)^6 = (7/9)^(2x6) = (7/9)^12

Make a conjecture about each pattern. Then write the next two items. 4. 1, 2, 2, 4, 8, 32, . . .​

Answers

Answer:

256, 8192

{This is an educated guess}

Step-by-step explanation:

The problem seems to be a variation of the Fibonacci sequence: 1, 1, 2, 3, 5, 8...

1 ⇒ 2: 1*2

2 ⇒ 2: 2*1

2 ⇒ 4: 2*2

4⇒8:4*2

8⇒32:8*4

32⇒256: 32*8

256*32 = 8192

[tex] \rm \int_{0}^1 \int_{0}^1x \bigg \{ \frac{1}{1 - xy} \bigg \}dydx \\ [/tex]​

Answers

The fractional part vanishes when the argument is an integer; in this case, for

[tex]\left\{\dfrac1{1-xy}\right\} = 0 \iff \dfrac1{1-xy} = n \iff xy = \dfrac{n-1}n[/tex]

which are hyperbolas in the [tex](x,y)[/tex]-plane.

Observe that between neighboring hyperbolas, we have

[tex]\dfrac{n-1}n < xy < \dfrac n{n+1} \\\\ ~~~~ \implies \dfrac1{n+1} < 1-xy < \dfrac1n \\\\ ~~~~ \implies n < \dfrac1{1-xy} < n+1 \\\\ ~~~~ \implies \left\{\dfrac1{1-xy}\right\} = \dfrac1{1-xy} - \left\lfloor\dfrac1{1-xy}\right\rfloor = \dfrac1{1-xy} - n[/tex]

Split up the integral over [tex][0,1)^2[/tex] along the curves [tex]xy=\frac{n-1}n[/tex]. The subregions somewhat resemble the layers or scales of an onion (see attached plot with the first 5 "scales").

Let [tex]S_n[/tex] denote the [tex]n[/tex]-th ([tex]n\in\Bbb N[/tex]) "scale", starting from the blue region closest to the origin and counting diagonally upward in the direction of (1, 1).

In Cartesian coordinates, the integral over [tex]n[/tex]-th "scale" is

[tex]\displaystyle \iint_{S_n} x \left(\frac1{1-xy} - n\right) \, dy \, dx \\\\\\ ~~~~~~~~= \int_{(n-1)/n}^{n/(n+1)} \int_{(n-1)/(nx)}^1 x \left(\frac1{1-xy} - n\right) \, dy dx \\\\\\ ~~~~~~~~~~~~~ + \int_{n/(n+1)}^1 \int_{(n-1)/(nx)}^{n/((n+1)x)} x \left(\frac1{1-xy} - n\right) \, dx[/tex]

(see attached plot of the 2nd "scale" for reference)

The integral is trivial, so I'll leave it to you to confirm that it drastically reduces to

[tex]\displaystyle \iint_{S_n} x \left(\frac1{1-xy} - n\right) \, dy \, dx = \frac1{2n (n+1)^2} = \frac12 \left(\frac1n - \frac1{n+1} - \frac1{(n+1)^2}\right)[/tex]

Now we recover the original integral by summing over [tex]\Bbb N[/tex].

[tex]\displaystyle \int_0^1 \int_0^1 x \left\{\frac1{1-xy}\right\} \, dy \, dx = \frac12 \sum_{n=1}^\infty \left(\frac1n - \frac1{n+1} - \frac1{(n+1)^2}\right) \\\\ ~~~~~~~~ = \frac12 \left(\left(1-\frac12\right)+\left(\frac12-\frac13\right)+\left(\frac13-\frac14\right)+\cdots\right) - \frac12 \sum_{n=2}^\infty \frac1{n^2} \\\\ ~~~~~~~~ = \frac12 - \frac12 \left(\sum_{n=1}^\infty \frac1{n^2} - 1\right) \\\\ ~~~~~~~~ = \frac12 - \frac12 \left(\frac{\pi^2}6 - 1\right) = \boxed{1 - \frac{\pi^2}{12}}[/tex]

Other Questions
Why did the people of ancient China find the teachings of Buddhism comforting?The teachings of Buddhism overturned the strict traditions of Daoism.Buddhist ideas about suffering appealed to those dealing with famine and war.Officials who opposed the emperor adopted Buddhism to distance themselves.Invading forces offered Buddhism as a way to escape great suffering. Kepler spent 1/5 of his savings, and Carl spend 5/9 of his savings. If they both started with the same amount of money in their savings accounts, which of the following shows the best method to find a good estimate of how much more Carl spent than Kepler? HELPP MEEE What effect does pesticides have on apple size?Blank 1: Independent variableBlank 2: Dependent variableBlank 3: "If...then..." hypothesisQuestion 2 options:Blank # 1 Blank # 2 Blank # 3 The perimeter of the rectangle below is 54 units. What is the value of x? Solve for x. 0.5(5 - 7x) = 8 - (4x - 6) Which obstacle to the construction of the Panama Canal was createdby environmental conditions? Which selection from the excerpt from The Condition of the Working-Class in England in 1844 supports the idea that the creation of the jenny had positive effects? Their children grew up in the fresh country air, and, if they could help their parents at work, it was only occasionally, while of eight or twelve hours of work for them there was no question... This invention made it possible to deliver more yarn than heretofore. More weavers were needed, and weavers' wages rose. By degrees the class of farming weavers wholly disappeared, and was merged in the newly arising class of weavers who lived wholly upon wages, had no property whatever, not even the pretended property of a holding, and so became working-men, proletarians. Hitherto, so far as this had been possible, yarn had been spun and woven under one roof. Thus began with spinning and weaving that division of labour which has since been so infinitely perfected. How does altitude affect the freezing, melting, and boiling points of water? What does k represent in the equation y=kxA- constant of proportionalityB- dependent variableC- Krispy Kreme XD- independent variable Samantha is interested in setting up her own accounting firm and wants to speciallze in the area ofaccounting that has experlenced the mostsignificant growth in recent years. Which area of accounting should she choose as her specialty?Samantha should choose_______as her specialty.Fill in the blank PLEEEEEEAAASSSSSSSSSSSEEEEEE ANSWER ASAP!!!!!!!!!Based on the details provided in the poem, the painting most likely portrays theA) reason for the ladys journeyB) beginning of the ladys journeyC) destination of the ladys journeyD) end of the ladys journey help someone?? plz :)) PLZ HELP I AM TIMED!!!!! FIRST PERSON GETS BRANLIEST!!!!!!!Parallel lines s and t are cut by a transversal r.Which angles are corresponding angles?Angle3 and Angle7Angle1 and Angle7Angle4 and Angle6Angle1 and Angle8 What is the safe psi pressure for acetylene Maths Homework - 10A1 - Due 02/12Return to Assigned WorkOverview281011 12Question Progress314 MarksHomework Progress31142 Marksa) Complete the table of values for y = 3x - 1c)-20112364Submit Answery-7-4-1258b) Draw the graph of y = 3x - 1on the grid.NPNOc) Use the graph to estimate thevalue of y when x = 2.5+ 37Unit 5 Test AFill in the blank with the correct conjugation of the verb in parentheses: je (danser)O dansesdansentO dansonsdanse Shirabi spent $208 on a sewing machine to make purses. She spends a total of $10 on thread, fabric, and accessories for each purse and plans to charge $36 for each purse. The equation represents her break-even point, when x represents the number of purses sold.208 + 10x = 36xHow many purses must she sell in order to break even? someone help please hi! hope youe doing ok! can you help me please? Which best compares self-renewal and differentiation?