A debt payment of $5,500 is due in 27 months. If money is
worth 8.4% p.a. compounded quarterly, what is the equivalent
payment? Now? 15 months? 27 months? 36 months?

Answers

Answer 1

Step-by-step explanation:

A=P(1+0.084) ^n;

=5500(1

 A Debt Payment Of $5,500 Is Due In 27 Months. If Money Isworth 8.4% P.a. Compounded Quarterly, What
Answer 2

The payment now is $4561.7450, 15 months later $5061.28, 27 months later $5500.00595 and 36 months later $5853.83.

Interest rate = 8.4/4 =2.1% = 0.021 every 3 months

The debt of $5500 is due in 27 months.

What is the formula to find compound interest?

The formula to find the compound interest is  [tex]FV=PV(1+r)^{n}[/tex].

Now, [tex]PV=FV(1+r)^{-n}[/tex].

The payment now:

5500*(1.021)^-9 = $4561.7450

So if $5500 is due in 27 months its current value is $4561.7450.

( b) 15 months from now? 5 quarters  

FV(15months)= 4561.75*1.021^5

4561.75*1.021^5 = $5061.28

(c) 27 months from now? 9 quarters

FV(15 months)= $5500  that was given in the question

Verification:

FV(27months)=4561.75*1.021^9

4561.75*1.021^9 = $5500.00595

(d) 36 months from now?   12 quarters

FV(36months)=4561.75*1.021^12

4561.75*1.021^12 = $5853.83

Therefore, the payment now is $4561.7450, 15 months later $5061.28, 27 months later $5500.00595 and 36 months later $5853.83.

To learn more about compound interest visit:

https://brainly.com/question/14295570.

#SPJ2


Related Questions

Can someone please help me

Answers

Answer:

Her monthly rate per month is $12

Step-by-step explanation:

On the 0 month is what she already had in her bank account.

Also the months are going by 2's so it's going by $24 dollars every 2 months, so 24 divided by 2 is 12.

An airplane flies due north from ikeja airport for 500km.It then flies on a bearing of 060 from a further distance of 300km before over flying a road junction. Calculate A. Distance of airplane from ikeja airport when it was directly above the road junction B. The bearing of the airplane from ikeja airport at this instant

Answers

Answer:

482 km

63.94 degrees

Step-by-step explanation:

to solve this question we will use the cosine rule. For starters, draw your diagram. From point A, up north is 500km and 060 from there, another 300. If you join the point from the road junction back to the starting point, yoou have a triangle.

Cosine rule states that

C = [tex]\sqrt{A^{2} + B^{2} -2AB cos(c) }[/tex]

where both A and B are the given distances, 500 and 300 respectively, C is the 3rd distance we're looking for and c is the given angle, 060

solving now, we have

C = [tex]\sqrt{500^{2} + 300^{2} -2 * 500 * 300 cos(60) }[/tex]

C = [tex]\sqrt{250000 + 90000 - [215000 cos(60) }][/tex]

C = [tex]\sqrt{340000 - [215000 * 0.5 }][/tex]

C = [tex]\sqrt{340000 - [107500 }][/tex]

C =[tex]\sqrt{232500}[/tex]

C = 482 km

The bearing can be gotten by using the Sine Rule.

[tex]\frac{sina}{A}[/tex] = [tex]\frac{sinc}{C}[/tex]

sina/500 = sin60/482

482 sina = 500 sin60

sina = [tex]\frac{500 sin60}{482}[/tex]

sina = 0.8983

a = sin^-1(0.8983)

a = 63.94 degrees

half of a dome is called what?​

Answers

Answer:

See I don't know the Answer but I Need points to ask question so Sorry

Step-by-step explanation:

How many multiples of 13 are between 100 and 1000

Answers

Answer:

The first number between 100 & 300 divisible by 13 is 104

Step-by-step explanation:

You can earn money by shoveling your neighbors' driveways in the winter and get paid $10 per hour. What is a function that would define this situation?​

Answers

Answer:

Total income= $100

Step-by-step explanation:

Giving the following information:

Hourly rate=$10

To calculate the total income, we need to use the following formula:

Total income= hourly income*number of hours

For example, for 10 hours shoveling in a week:

Total income= 10*10

Total income= $100

If two points on a line are given by (-7, -1) and (-7, 12), we would say the line equation is?

Answers

[tex] \large{ \tt{❃ \: SOLUTION}} : [/tex]

Remember : To find the equation of straight line passing through given points ( x₁ , y₁ ) and ( x₂ , y₂ ) , Use [tex] \tt{y - y_{1} = \frac{y_{2} - y_{1}}{x_{2} - x_{1}}(x - x_{1}}) [/tex]

Let the given points ( -7 , -1 ) be ( x₁ , y₁ ) & ( -7 , 12 ) be ( x₂ , y₂ ).

[tex] \underline{ \large{\tt{❁ \: USING \: TWO - POINT \: FORM \: OF \: EQUATION \: OF \: LINE : }}}[/tex]

[tex] \boxed{ \large{ \tt{❈ \: y - y_{1} = \frac{y_{2} - y _{1}}{x_{2} - x_{1}} (x - x_{1})}}}[/tex]

[tex] \large{ \tt{↦y - ( - 1) = \frac{12 - ( - 1)}{ - 7 - ( - 7)} \{x - ( - 7) \}}} [/tex]

[tex] \large{ \tt{↦y + 1 = \frac{12 + 1}{ - 7 + 7}(x + 7)} }[/tex]

[tex] \large \tt \:↦ \: y + 1 = \frac{12}{0} (x + 7)[/tex]

[tex] \large{ \tt{↦ \: y + 1 = 12(x + 7)}}[/tex]

[tex] \large{ \tt{↦y + 1 = 12x + 96}}[/tex]

[tex] \large{ \tt{↦ \: 12x + 96 = y + 1}}[/tex]

[tex] \large{ \tt{↦ \: 12x - y + 96 - 1 = 0}}[/tex]

[tex] \large{ \boxed{ \tt↦12x - y + 95 = 0}}[/tex]

Hence , 12x - y + 95 = 0 is the required equation of the line.

✺ STUDY HARD ! No matter if it seems impossible , no matter if it takes time , no matter if you have to wake up all night , Just remember that the feeling of success is the best thing in the entire world. ♪

۵Hope I helped ! ツ

☼Have a wonderful day / evening ! ☃

# StayInAndExplore ! ☂

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What is the volume of this cone?

Answers

Answer:

r=6.1cm

volume=1/3πr^2

=1/3×22/7×6.1^2

=818.62/21

=38.98cm^3

Match the statement with the appropriate reason for the proof above. Answers may be used more than once. You will have to fill in the blanks for 3
and 9 so you know the reason to match it with, but you are not picking solutions for 3 and 9

Answers

Answer:

Step-by-step explanation:

From the given question, the following statements and reasons can be matched;

          Statement                                                Reason

1. <1 and <2 are linear pair                               Given

2. <1 and <2 are supplementary                     Linear pair postulate

3. <1 ≅ <2                                                          

4. <1 ≈ <2                                                           Given

5. m<1 = m<2                                                     Substitution POE

6. m<1 + m<2 = [tex]180^{o}[/tex]                                          Def of supplementary angles

7. 2(m<1) = [tex]180^{o}[/tex]                                                  Simplify/ Combine like terms

8. m<1 = [tex]90^{o}[/tex]                                                        Definition of right angle

9. 2(m<2) = [tex]180^{o}[/tex]                                        

10. g ⊥ h                                                             Def of perpendicular lines

The following chart shows a store’s coat sales for two years. Identify the percent increase in total sales and the percent increase in sales of jackets. Then find which percent of increase is greater and by how much greater it is than the other. (Round your answer to the nearest tenth.) a. Sales of jackets increased 3.6 percentage points faster than total coat sales. b. Sales of jackets increased 18.8 percentage points faster than total coat sales. c. Total coat sales increased 8.1 percentage points faster than sales of jackets. d. Total coat sales increased 24.5 percentage points faster than sales of jackets. Please select the best answer from the choices provided A B C D

Answers

Answer:

The answer is "Option b"

Step-by-step explanation:

Please find the complete question in the attached file.

In 2006:

Top coats= 297

Parkas= 210

Jackets =213

Raincoats=137

Trench coats =103

Total: [tex]297+210+213+137+103=960[/tex]  

In 2007:

Top coats =223

Parkas = 210

Jackets= 285

Raincoats = 259,

Trench coats =127

Total: [tex]223+210+285+259+127=1,104[/tex]

Calculating the percentage of the increasing total sales:

[tex]\to \frac{1,104-960}{960}\times 100=15\%[/tex]

Calculating the percentage of the increasing sales of the trench coats:  [tex]\to \frac{127-103}{103}\times 100 \approx 23.3\%[/tex]

Because [tex]23.3\%- 15\%=8.3\%[/tex] sales of the Trench coats increase by 8.3% point is faster than the total coat sales.

Answer:

B

Step-by-step explanation:

How do I find RS? I've been having great trouble with questions like this recently.

Answers

RS = 5

To find the value of RS, you first have to solve for the variable x.

To do this you solve the equation of 2x - 6 + 1 + x - 4 = 18. You get this equation by adding all the values of the line PS together, equaling them to 18, because these lines have the same value.

Solving this equation gives you x = 9.

You then substitute 9 into x - 4.

9 - 4 = 5.

This gives you RS = 5

Answer:

5

Step-by-step explanation:

We can solve by solving for x

2x-6 + 1 + x-4 = 18

3x-9=18

3x=27

x=9

Plug in 9 for x in Segment RS and you get (9) - 4 = 5

Hope this Helps!

Please Mark Me Brainliest!

:)

can someone help me please​

Answers

Answer:

B and E

Step-by-step explanation:

3^-8/3^-4 = 1/81 or .01234567...

I suggest that if you're having difficulty with a question like this again you go through all the answers individually so you can see what they equal! This method can really help in tests or where you can't get help.

3^-12 = 1/531441 <- not the answer

3^-4 = 1/81 <- answer!

3^2 = 9

1/3^2 = 1/9

1/3^4 = 1/81

1/3^12 = 1/531441

its also good to remember

3^-8/3^-4 would mean -8+4 = 3^-4 which would help you get your first answer.

Hope this helps!

[tex]B. \: {3}^{ - 4} \:✅\\ \\ E. \: \: \frac{1}{ {3}^{4} }\:✅ [/tex]

Step-by-step explanation:

[tex] \frac{ {3}^{ - 8} }{ {3}^{ - 4} } \\ \\ we \: know \: that \: \: \: \frac{ {a}^{m} }{ {a}^{n} } \: = \: {a}^{m - n} \\ \\= {3}^{ - 8 - ( - 4)} \\ \\ = {3}^{ - 8 + 4} \: ( \: ∵\: - \times - = + ) \\ \\ = {3}^{ - 4} \\ \\ ( \: or \: ) \\ \\= \frac{1}{ {3}^{4} } \\ \\( \: ∵\: {a}^{ - m} = \frac{1}{ {a}^{m} } \: ) \\\: [/tex]

[tex]\large\mathfrak{{\pmb{\underline{\orange{Happy\:learning }}{\orange{!}}}}}[/tex]

Keelie has a triangular-shaped card. The lengths of its sides are 4.4 cm, 5.5 cm, and 6.6 cm. Is the card a right triangle?

Answers

Answer:

No

Step-by-step explanation:

We can use the Pytaghorean theorem to verify it

4.4^2 + 5.5^2 = 6.6^2

19.36 + 30.25 = 43.56

49.61 = 43.56 (false)

Given that x= -3, what is the value of 2ײ - x + 5?​

Answers

Answer:

26

Step-by-step explanation:

2(9)-(-3)+5

2(9)+3+5

18+8

26

Answer:

 26

Step-by-step explanation:

2x^2 -x+5

x=-3

2(-3)^2 -(-3)+5

2(9)-(-3)+5

18-(-3)+5

negative multiplied by negative is positive so you have

18+3+5= 26

Have a nice day :)

what is the Average of -8, -1, -3

Answers

Answer:

[tex] = \frac{ - 8 - 1 - 3}{3} \\ = \frac{ - 12}{3} \\ = - 4[/tex]

20 POINTS!!!!
Recall that the multiplicative inverse of a number a is the number b such that ab = 1. For example, the multiplicative inverse of 3 is . Also recall that division is multiplication by a number’s multiplicative inverse. For example, to divide by 3, just multiply by . With these definitions, use complete sentences to explain why we can’t divide by zero.

Answers

So, the multiplicative inverse of a number is a number that nullifies the impact of the number to identity 1. Thus the multiplicative inverse of a number is a number by which the multiplication results in 1. That is, number b is the multiplicative inverse of the number a, if a × b = 1.

What is organic chemistry??​

Answers



Organic chemistry is the study of the structure, properties, composition, reactions, and preparation of carbon-containing compounds. Most organic compounds contain carbon and hydrogen, but they may also include any number of other elements (e.g., nitrogen, oxygen, halogens, phosphorus, silicon, sulfur).

find the x-coordinate of the vertex of the function given below. y = x^2 + 12x + 21

Answers

Answer:

(-2,13;-0,02)

and

(-9,87;-0,02)

What is the transformation shown in the graph?
270° rotation
reflection
180° rotation
90° rotation
i got it wrong and had 90° rotation

Answers

When you rotate the image using the 90 degrees rule, the end points of the image will be (-1, 1) and (-3, 3). The rules for the other common degree rotations are: For 180 degrees, the rule is (x, y) --------> (-x, -y) For 270 degrees, the rule is (x, y) --------> (y, -x)

Which of the following functions best describes this graph?
A. Y = (x-3)(x + 4)
B. y = x^2-5x +6
C. y = x^2 -9x+18
D. y - (x+3)(x +6)

Answers

Answer:

(A). y = ( x - 3 ) ( x + 4 )

Step-by-step explanation:

Find the median of the data. 43, 37, 49, 51, 56, 40, 44, 50, 36

Answers

Answer:

Median = 44

Step-by-step explanation:

Arrange the data in ascending order:

36, 37, 40, 43, 44, 49, 50 , 51, 56.

Choose the number in the middle.

Median = 44

Find the 23rd term of the arithmetic sequence whose common difference is d=4 and whose first term is a^1 = 3.

Answers

Answer: the 23rd term of the arithmetic sequence=91

Step-by-step explanation:

The nth term of an arithmetic sequence is given as

an=a+  (n-1) d

Given common difference , d=4 and

first term is a^1 = 3.

We have that

a₂₃=3+  (23-1) 4

a₂₃=3+  (22) 4

a₂₃=3+  88

a₂₃=91

the 23rd term of the arithmetic sequence=91

Military radar and missile detection systems are designed to warn a country of an enemy attack. A reliability question is whether a detection system will be able to identify an attack and issue a warning. Assume that a particular detection system has a probability of detecting a missile attack. Use the binomial probability distribution to answer the following questions. a. What is the probability that a single detection system will detect an attack

Answers

Answer:

0.8 is the probability that a single detection system will detect a missile attack.

Step-by-step explanation:

MARKING BRAINLIEST

PLS HELP

Answers

Answer:

-7

Step-by-step explanation:

Domain is simply another way of saying input values. Input values are literally just x values (Any place on the x bar. Range is the same but instead of x values it is for y values.

awnser: -7
explanation : i got it from the guy up there^^

Tell whether the triangle with the given side lengths is a right triangle. Y/N question

Answers

Yes because,
16^2 + 63^2 = 65^2
By this we can obviously say that,
The sum of the squares of the two sides = the square of hypotenuse
Which makes it a right angle triangle.

Answer:

yes , it is a right triangle.

Step-by-step explanation:

according to the pythagoras theorem to be the right angled triangle the sum of square of two smaller sides of triangle must be equal to the square of it's hypotenuse.

Here , 65 is largest side so it is hypotenuse and other two sides are the legs of the triangle.

pythagoras theorem:

a^2 + b^2 = c^2

16^2 + 63^2 = 65^2

256 + 3969 = 4225

4225 = 4225

since both sides are equal it can be concluded that the given side lengths d forms a right triangle.

For triangle ABC C = 90 Side AC = 13.5 Side BC = 8.6 Find the measure of angle B​

Answers

Answer:

57.5°

Step-by-step explanation:

For triangle ABC C = 90 Side AC = 13.5 Side BC = 8.6 Find the measure of angle B​

We solve using the Trigonometric function of Tangent

tan θ = Opposite/Adjacent

θ = Angle B

Opposite = Side AC 13.5

Adjacent = Side BC = 8.6

Hence:

tan θ = 13.5/8.6

θ = arc tan (13.5/8.6)

θ = 57.501354056°

Approximately = 57.5°

Therefore, Angle B = 57.5°

Someone PLEASE help me !!

1. five times the product of two numbers x any y, divided by a third number z. what is the algebriac expression?

2. Seven times the product of two numbers x and y, less five, divided by thrice a third number z, what is the algebriac expression?

3. Half the product of two numbers x and y, minus five times a third number z. what is the algebriac expression?

4. three times a number x, minus four times a second number y, divided by seven times a third number. whats the algebriac expression?​

Answers

Answer:

no lo entiendo lo que escribiste

Answer:

1.5(x+y)/z

2. 7(x+y)-5/3z

3.1/2(x+y)-5

4. 3x-4y/7z

plssplsplsplspls answer fast bc its a map and I can't wait for way too long

Answers

Answer:

Part A: 1

Part B: -4

Step-by-step explanation:

In a coordinate [tex](x,y)[/tex], the x-coordinate represents the input of a function and the y-coordinate represents the output.

Part A:

We're looking for the point the line passes through with an x-coordinate (input) of -3. This point is (-3,1) and therefore the output is 1 when the input is -3.

Part B:

We're looking for the point the line passes through with a y-coordinate (output) of 2. This point is (-4,2) and therefore an input of -4 yields an output of 2.

Answer:

A) 1

B -4

well, need to write at least 20 characters... have a nice day :)

If x=10 what is the value of 4(x-2)


A.48

B.32

C.38

D.8

Answers

Answer:

[tex]b. \: \: 32[/tex]

Step-by-step explanation:

[tex]4(x - 2)[/tex]

[tex]4(10 - 2)[/tex]

[tex]4(8)[/tex]

[tex]32[/tex]

Hope it is helpful...

Which of the following sets of numbers could represent the three sides of a

45-45-90 triangle?


1, 1, square root of 2

1, square root of 2 space comma end root square root of 3

1, square root of 3, 2

1, square root of 2 , 2

Answers

Answer:

1, 1, [tex]\sqrt{2}[/tex]

Step-by-step explanation:

using pythagorean theorem:

1² + 1² = [tex]\sqrt{2}[/tex]²

1 + 1 = 2

2 = 2

The perimeter of a rectangular painting is 344 centimeters. If the width of the painting is 79 centimeters, what is its width?

Answers

Answer:

the equation is 2(l+w) so we do 2(93+w)=344 getting the answer of 79

Step-by-step explanation:

i think im 100 percent correct i took the test on flvs if I'm wrong just let me know

Other Questions
Simplify the expression. (10)2100100 Cules fueron las causas de la crisis de la crisis econmica mexicana? Cules fueron las consecuencias de la crisis econmica mexicana? Read the paragraph.Global warming resulting from greenhouse gases is a serious issue that demands immediate action. Throughout the world, we can already see the significant affects of global warming on people and natural habitats.Pick the evidence that best supports the authors claim?A. Scientists have studied global warming for years, and they largely agree that the climate is changing. Scientists can drill core samples in Antarctic ice and study the carbon dioxide in these samples to see how greenhouse gases have risen in our atmosphere. They can also measure how quickly the ocean is rising year after year.B. Unfortunately, many polls show that global warming is not a major concern among large portions of the population. Therefore, it is imperative that we work together to raise peoples consciousness of this important issue. If we work together, we can make global warming an issue that everyone cares about.C. Ive noticed that summers are warmer and longer. Trees in my neighborhood bloom two to three weeks earlier than they used to when I was growing up. Sometimes, we barely get any snow in winter, which means we can longer go skiing or sledding. D. Many meteorologists suggest that the increased severity of hurricanes, tornadoes and drought is a direct result of global warming. Sea levels are increasing as polar ice caps melt. Towns in the arctic that were built on permafrost are sinking as the permafrost melts. Sodium reacts vigorously with water while potassium, the next element down in Group I, has a faster reaction rate. What would you expect of the rate of reaction of elements further down in Group I when exposed to water?a. They would react with the same rate as potassium. b. They would react much faster than sodium or potasssium. c. They would react more slowly than potassium. d. The rate of reaction would be unpredictable Identify the two themes in the passage, and then explain which details from the passage help identify each theme.Colleen was failing Spanish. Now the midterm test was only two weeks away, and if she didn't get at least a B, she would fail the class and lose her place on the lacrosse team. Colleen's friend and teammate, Lucinda, offered to help Colleen study, but Colleen refused, saying she wanted to do this on her own. But after a week of studying nonstop, Colleen still didn't understand the material. Finally, she asked Lucinda if she was still willing to tutor her. Lucinda agreed, and the two spent most of the next week studying together. Colleen received a B+ on the test and was able to pass the class and stay on the team. 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Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $64,000 cash immediately, (2) $20,000 cash immediately and a six-period annuity of $8,000 beginning one year from today, or (3) a six-period annuity of $13,000 beginning one year from today. Assuming an interest rate of 6%, which option should Alex choose? 2. The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2025. Weimer will make annual deposits of $100,000 into a special bank account at the end of each of 10 years beginning December 31, 2016. Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2025? 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