If you want get 60000 in 8 years how much do you need to deposit in the bank today if the account pays an interest rate of 9%

Answers

Answer 1

Answer:

FV = PV x (1 + r)^n

where:

FV = future value

PV = present value (the amount to be deposited today)

r = interest rate per period (in this case, per year)

n = number of periods (in this case, 8 years)

Plugging in the given values, we get:

$60,000 = PV x (1 + 0.09)^8

Simplifying this equation:

PV = $60,000 / (1 + 0.09)^8

PV = $60,000 / 1.999^8

PV = $60,000 / 3.058

PV = $19,602.68

Therefore, the amount that needs to be deposited in the bank today to accumulate $60,000 in 8 years with an interest rate of 9% is $19,602.68.

I hope this helps.


Related Questions

What is the solution of x=9y and 3y - 3x =24

Answers

Answer:

Step-by-step explanation:

The solution to the system of equations `x=9y` and `3y - 3x =24` can be found by substituting the value of `x` from the first equation into the second equation. This gives us `3y - 3(9y) = 24`, which simplifies to `-24y = 24`. Solving for `y`, we get `y = -1`. Substituting this value of `y` into the first equation, we get `x = 9(-1) = -9`. So the solution to the system of equations is `(x,y) = (-9,-1)`.

Is there anything else you would like to know?

Pls help i rlly need help

Answers

Answer:

C. Luisa is incorrect, it's not 0. It's only zero when you get "x=0" as an answer but the variable x got canceled here. And as 3=3, it is a true statement so it includes all real numbers. If you had gotten 3=8 for example, it would be a fake statement, so then no solution.

And for the second part,

1. No solution

5x+24=5x+25

24=25

It's false

2. One solution

12p-7=-3p+8

15p=15

P=1

3. One solution.

3x+20=5x

20 = 2x

X = 10

What is the area of sector GHJ , given that θ=pi/4 radians. Express your answer in terms of pi and as a decimal rounded to the nearest tenth. Show your work.

Answers

The area of sector GHJ is:

3.125π cm² (in terms of pi)

9.8 cm² (As a decimal rounded to the nearest tenth)

How to find the area of sector GHJ?

The formula for area of a sector when the angle is in radians is:

A = (1/2) * r²θ

Where θ is the angle subtended at the center and r is the radius of the circle.

In this case, r = 5 cm and θ = π/4

Substituting:

A = (1/2) * 5² * π/4

A = 3.125π cm² (in terms of pi)

As a decimal rounded to the nearest tenth:

A = 3.125 * 22/7

A = 9.8 cm²

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The ordered pairs model an exponential function, where w is the function name and t is the input variable.

{(1, 60), (2, 240), (3, 960), (4, 3840)}

What is the function equation in sequence notation?

ANSWER: 60(4)t−1

just took the test

Answers

Answer: w(t) = 60 * 4^(t-1).

Step-by-step explanation:

The given ordered pairs model an exponential function of the form w(t) = ab^t, where w is the function name, t is the input variable, a is the initial value, and b is the growth factor.

From the first ordered pair (1, 60), we can see that the initial value a is 60. From the second and third ordered pairs (2, 240) and (3, 960), we can see that the output value is multiplied by 4 when the input value increases by 1. This means that the growth factor b is 4.

So, the function equation in sequence notation is w(t) = 60 * 4^(t-1).

where should the linear inequality y ≤ 1/4 x- 3 be shaded?

Answers

The required direction of the inequality is below the line.

How to find the direction of inequality in graph?

If you're not graphing a vertical line, the inequality's sign will tell you which half-plane to shade. Shade above the line when using the  or > sign. Shade below the line if the symbol or is used. Larger solutions are to the right and smaller solutions are to the left, respectively, for a vertical line.

According to question:

To check the direction, we will take points from the graph and put in the given inequality.

At point (2, 0)

y ≤ x/4 - 3

0 ≤ 2/4 - 3

0 ≤ -25

It is false

Again

At (2, -4)

y ≤ x/4 - 3

-4 ≤ 2/4 - 3

-4 ≤ -2.5

It is true,

Thus, we can say the direction of the inequality is below the line.

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If the terminal point of 0 is (0, -1), what is tan 0?

A. Undefined
B. 1
C. -1
D. 0

Answers

The tangent function for the given terminal point is undefined.

The given terminal point of Θ is (0,-1). The tangent of an angle is defined as the quotient between the y-component and the x- component of the terminal point.

So, according to the question, tan Θ = -1/0. Hence, tan Θ is undefined as -1/0 is not defined.

Hence, tan Θ for the given function is not defined.

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my bike tire has a radius of 12 inches how much distance will i cover after 50 rotations​

Answers

Therefore , the solution of the given problem of unitary method comes out to be 50 tyre rotations, you will have covered around 376.99 inches (or about 31.41 feet).

What is a unitary method?

The well-known simple approach, real variables, and any crucial elements from the very initial And specialised inquiry can all be used to finish the work. Customers may then be given another chance to try the product in response. If not, significant impacts on our understanding of algorithms will vanish.

Here,

The circumference of the circle the bike tyre forms is equal to the distance travelled in one rotation of the tyre. The following formula determines a circle's circumference:

=> C = 2πr

where the mathematical constant is roughly equivalent to 3.14159 and r is the circle's radius.

Your bicycle tyre's radius in this instance is 12 inches. The tyre's circumference is as follows:

=> C = 2π(12) = 24π inches

You may easily calculate how far you will travel after 50 spins by multiplying the tyre's circumference by the number of turns:

=> Covered distance:  50 × 24π ≈ 376.99 inches

As a result, after 50 tyre rotations, you will have covered around 376.99 inches (or about 31.41 feet).

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a student score 80 on a test last week and 90 on thesame test this week. what is the percent increase in score

Answers

Answer:

12.5%

Step-by-step explanation:

We Know

A student scored 80 on a test last week and 90 on the same test this week.

What is the percent increase in the score?

We Tale

(90 ÷ 80) x 100 = 112.5%

Then we take

112.5 - 100 = 12.5%

So, the percent increase in score is 12.5%

Yes it’s 12.5% because you subtract 90 and 80 which gives you 10 then you divide 10 by 80 because 80 was the original price and times it by a 100 which gives you 12.5%

HELPPPPPPPPP GNG IM STURGGLING 100 POINTS

Answers

customers who purchased Mederac

find the inverse of f(x)=2^x+2
us the function odd, even, or neither?​

Answers

2/-4 have a good day

helpppppp pleaseeeee

Answers

When -3 (row 1) is added to row 2, the result would be [ 1 - 4 | 8 ]

[ 0 10 | 10 ].

How to add the matrix ?

The first thing to do is to multiply each element in row 1 by - 3 :

- 3 x 1 = - 3

- 3 x - 4 = 12

- 3 x 8 = - 24

Then, we need to add the result to the elements in row 2:

3 + ( - 3 ) = 0

- 2 + 12 = 10

10 + ( - 24 ) = - 14

The resulting matrix would therefore be:

[ 1 - 4 | 8 ]

[ 0 10 | - 14 ]

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Find value of X and BD
Look at picture

Answers

The measure of length of x of the parallelogram is x = 2.36 units

Given data ,

Let the parallelogram be represented as ABCD

Now , the measure of lengths of the sides are

The measure of AB = 13x - 20

The measure of CD = 2x + 6

The measure of BC = 5x + 4

Opposite sides are parallel

Opposite sides are congruent

So , AB = CD

13x - 20 = 2x + 6

Subtracting 2x on both sides , we get

11x = 26

Divide by 11 on both sides , we get

x = 2.36 units

Hence , the parallelogram is solved and x = 2.36 units

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Read the paragraph and choose a sentence that describes it best. Because of the association with TERFs, many feminists have stopped identifying with radical feminism. Though some of their views may be similar to the original tenets of radical feminism, many feminists no longer associate with the term because they are trans-inclusive. TERF is not just transphobic feminism; it is a violent international movement that often compromises its feminist stances to partner with conservatives, with a goal to endanger and get rid of trans people, especially transfeminine people.

Answers

Explanation:

The paragraph explains how TERFs have alienated many feminists from radical feminism and why TERF is a harmful and anti-trans movement.

Some other possible sentences are:

The paragraph discusses the impact of TERFs on radical feminism and their transphobic and violent agenda.The paragraph analyzes why many feminists have distanced themselves from radical feminism due to TERFs and how TERFs are not true feminists but transphobes.

Rectangle ABCD and A’B’C’D’ are similar.

a. What is the scale factor from ABCD to

A’B’C’D’?

b. What is the scale factor from A’B’C’D’ to

ABCD?

Answers

Where Rectangle ABCD and A’B’C’D’ are similar.

a. the scale factor from ABCD to A’B’C’D’ is 1/2

b. What is the scale factor from A’B’C’D’ to  ABCD is 2

What is scale factor?

In mathematics, a scale factor is the ratio of matching measurements of an item to a representation of that thing. The copy will be bigger if the scaling factor is a full number. The duplicate will be smaller if the scaling factor is a fraction.

When the scale factor is less than one, you are going from big to small. You are dilating negatively.

When you are going from small to big, you scale factor is reversed. In this case, we had 1/2 in a, in b it became 2/1 which = 2.

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Full Question:

Rectangle ABCD and A’B’C’D’ are similar.

a. What is the scale factor from ABCD to A’B’C’D’?

b. What is the scale factor from A’B’C’D’ to ABCD?

See attached image.

A soccer ball is kicked in the air off a 27.0-meter high hill. The equation h(t) = -2t^2 + 4t + 27 gives the approximate height h, in meters, of the ball t in seconds after it is kicked. Does the ball reach a height of 40 m?

Answers

The ball reaches a height of 40 meters at approximately 3.38 seconds after it is kicked.

To determine if the ball reaches a height of 40 meters, we can substitute h(t) = 40 into the equation and solve for t.

40 = -2t² + 4t + 27

Rearranging the terms, we get:

2t² - 4t - 13 = 0

We can solve for t using the quadratic formula:

t = [4 ± √(4² - 4(2)(-13))]/(2(2))

t = [4 ± √(176)]/4

t ≈ 3.38 or t ≈ -0.88

Since time cannot be negative, we can discard the negative solution. Therefore, the ball reaches a height of 40 meters at approximately 3.38 seconds after it is kicked.

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The square on the right is a scaled copy of the square on the left. Identify the scale factor. Express your answer as a whole number or fraction in simplest form.

Answers

The scale factor between a square of dimensions 7 by 7 and a scaled copy of dimensions 21/2 by 21/2 is 3/2 or 1.5.

We know that the dimensions of the square on the left are 7 by 7, and the dimensions of the square on the right are 21/2 by 21/2.

To find the scale factor, we can divide the dimensions of the square on the right by the dimensions of the square on the left

scale factor = (21/2) / 7

We can simplify this fraction by dividing both the numerator and the denominator by the greatest common factor, which is 7

scale factor = (21/2) / 7 = (21/2) * (1/7) = 3/2

Therefore, the scale factor is 3/2, or 1.5.

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Enter your answer, rounded to the nearest tenth, in the box.

Answers

Answer:

[tex]f(0) = 6.2 \sqrt{4.5} + 18 = 31.2[/tex]

some the following equation

x^4+4x^3+3x^2=0

Answers

Answer:

x = 0, -1, -3

Step-by-step explanation:

Move all terms to the left side and set equal to zero. Then set each factor to equal zero.

a cylinder candle has a diameter of 9 cm and a height of 12 CM. It is placed in a cylindrical box. there's a space of 0.5 CM between the candle and the box to allow for packaging material. what is the height of the cylindrical box?

Answers

If a candle having diameter as 9 cm, height as 12 cm is placed in a cylindrical box, then the height of the cylindrical box will be 13cm.

The "cylindrical-candle" diameter is given as = 9 cm;

The "cylindrical-candle" height is given as = 12 cm;

The candle is placed in a box which has a space of 0.5 cm between the candle and the box for packaging material;

which means that, there will an additional 0.5 cm in the top and bottom of the candle,

So, the height of the "cylindrical-box" is written as : 0.5 + 12 + 0.5;

Therefore, the "cylindrical-box" has a height of 13 cm.

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Can someone please help with this question and break it down so I can learn a better way to do it.

Answers

Using trigonometry and the Pythagorean theorem, the length of the hypotenuse AC is found to be 3.5 cm, and using the Pythagorean theorem again, the length of BC is found to be approximately 1.75 cm.

Using trigonometry and the given angle and side length information, we can solve for the length of side BC (x).

We know that

sin(A) = opposite/hypotenuse

sin(30) = AC/7

AC = 7 × sin(30)

AC = 3.5 cm

Using the Pythagorean theorem, we have

BC² = AC² - AB²

BC² = (3.5)² - (7)² sin²(30)

BC² = 3.0625

BC = √3.0625

BC = 1.75 cm (rounded to two decimal places)

Therefore, the value of x is approximately 1.75 cm.

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7.003x10^-5 in standard form​

Answers

Answer:

0.00007003 is the standard form of 7.003x10^-5. In scientific notation, the number is expressed as 7.003 multiplied by 10 raised to the power of negative five. To convert it to standard form, the decimal point has to move to the left by five places since the exponent is negative. The resulting number is a decimal with four zeros before the first nonzero digit. Standard form is a way of representing numbers that does not use exponents and is useful in comparing and performing operations on numbers.

Are low elevation, high precipitation areas close or far from the ocean.

Answers

Answer:

low lying areas

use the standard normal distribution table to determine the percent of data less than

z= 1.67

The percent of the data less than Z = 1.67 is ?

Answers

Step-by-step explanation:

Look at the table for z = 1.67  

You have the wrong table.......the table you posted is for negative z-scores

for z -score = + 1.67 , the value is .9535    = 95.35 %

what is the area of a parallelogram if base is 1 1/4 mi and the heigh is 3/4 mi.

Answers

Answer:

Step-by-step explanation:

A=4

b Base

1

h Height

4

b

h

a

h

h

b

a

a

P

A

b

Solution

A=bh=1·4=4 hope helps  byee

Need help on question 20. Plsss help

Answers

The calculated distance between the tree and the zip line is 9.21 units

Evaluating the distance between the tree and the zip line

From the question, we have the following parameters that can be used in our computation:

y = -6/7x + 7

This represents the zip line

Convert the equation to standard form

This gives

7y = -6x + 49

So, we have

6x + 7y - 49 = 0

This means that

A = 6, B = 7 and C = -49

From the point (6, 14), we have

x = 6 and y = 14

The distance between the tree and the zip line is then calculated as

[tex]d = \frac{|ax + by + c|}{\sqrt{a^2 + b^2}}[/tex]

By substitution, we have

[tex]d = \frac{|6 * 6 + 7 * 14 - 49|}{\sqrt{6^2 + 7^2}}[/tex]

This gives

[tex]d = \frac{85}{9.22}[/tex]

Divide

d = 9.21

Hence, the distance between the tree and the zip line is 9.21 units

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What rate of interest, to the nearest tenth of a percent, compounded quarterly is needed for an investment of $1600 to grow to $2400 in 11 years

Answers

Compound interest is the interest earned on the principal and the interest previously accumulated. It is given by

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

where P = Principal, r = annual rate of interest, n = the number of times interest is compounded per year & t = time in years.

The given principal is $1600 for 11 years & amount is $2400 compounded quarterly.

To find the rate of interest compounded quarterly for 11 years substitute the given values in the above formula i.e

[tex]2400=1600(1+r/4)^{11*4}[/tex]

r=3.70%.

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Claude has a 10-pound package of hamburger meat and an
11.5-pound package of hamburger meat. Can he make the number of
hamburger patties shown? Choose Yes or No.
A. 87 1/4-pound hamburger patties
B. 45 1/2-pound hamburger patties
C. 30 1/2 -pound and 274-pound hamburger patties
D. 29 3/4 -pound hamburger patties

Answers

Answer: We can solve this problem by finding the total weight of the meat and then dividing by the weight of each patty to see if we can make the desired number of patties.

Let's add the weights of the two packages of meat:

10 + 11.5 = 21.5

For option A, we need 87 1/4-pound patties.

Each pound of meat will yield 4 patties of this size, so 21.5 pounds of meat will yield:

21.5 x 4 = 86 patties

Since we need 87 patties, Claude does not have enough meat for option A.

For option B, we need 45 1/2-pound patties.

Each pound of meat will yield 2 patties of this size, so 21.5 pounds of meat will yield:

21.5 x 2 = 43 patties

Since we need 45 patties, Claude does not have enough meat for option B.

For option C, we need 30 1/2-pound patties and 2 74-pound patties.

Each pound of meat will yield 2 patties of the smaller size and 1 patty of the larger size, so 21.5 pounds of meat will yield:

(21.5 x 2) + (2 x 1) = 43 + 2 = 45 patties

Since Claude only has 21.5 pounds of meat, he does not have enough for option C.

For option D, we need 29 3/4-pound patties.

Each pound of meat will yield 1.5 patties of this size, so 21.5 pounds of meat will yield:

21.5 x 1.5 = 32.25 patties

Since we only need 29.75 patties, Claude has enough meat for option D.

Therefore, the answer is Yes, Claude can make 29 3/4-pound hamburger patties.

Find the areas of the trapezoids.

Answers

Answer:

Area = ½* height(a+b)

Where;

a=4units

b=8units

h=6units

Therefore Area= ½*6(4+8)

= ½*6*12

=36sq.un

Answer:

24sq²

Step-by-step explanation:

Area = ( b1 + b2) x h

          ---------------------

                     2

Area =   (8 + 4) x 6

          ---------------------

                     2

Area =     (12) x 6

          ---------------------

                     2

A = 72/2

A = 36

A = 1/2 * b * h

A = (1/2) * 4 * 6

A = (1/2) * 24

A = 12

36 - 12 = 24sq²

I hope this helps!

James deposited $10,000 into an account that earns 5.5% compound interest, compounded semiannually. How much interest will James earn after 10 years?

Answers

Answer:

$17,204.28

Step-by-step explanation:

So first of all you want to start by finding what P, r and t would be.

P = Principal amount ($$)r = interest rate (%)t = time (years)

Once I found all of those I put them into the equation (l = Prt) and solved (by putting it into a calculator obviously). That is how I came up with my answer. Check the screenshot provided to see what P, r and t would be and to see all my work! :)

Hope this helps! :)

Have a great day!

A music app has a shuffle play function.
This function allows songs to be played in a random order without repeat.
Gabriella puts songs A, B and C on shuffle play.
List all the possible orders of songs A, B and C.
One has been done for you.
ABC,

Answers

Answer:ABC(Done for you)
ACB
BAC
BCA
CAB
CBA

Step-by-step explanation:

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