Mathematics High School

Gary's parents want him to attend The University of Houston. They opened a college savings account 15 years ago. Today, average yearly tuition and fees for one year at the university are about $10,350. Based on this information, about how much should Gary's parents have saved each of the 15 years to cover the cost of 4 years at The University of Houston?

Answers

Answer 1

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

Today, average yearly tuition and fees for one year at the university are about $10,350.

I will assume a yearly interest rate of 8%.

First, we need to calculate the total amount needed:

Future value (FV)= 10,350*4= $41,400

Now, using the following formula, the annual deposit required:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (41,400*0.08) / [(1.08^15) - 1]

A= $7,194.22

Related Questions

please help !!

what is the value of the expression below?
[tex] \frac{1}{25} \div 74[/tex]
​

Answers

Value is 1/1850
1 being at the Numerator (top)
And 1850 the denominator (bottom)

A ladder leans against the side of a house the top ladder is 16 ft from the ground the bottom of the ladder is 12 ft from the side of the house find the length of the ladder if necessary round your answer to the nearest tenth

Answers

Answer:

[tex] {h =}^{2} = {p}^{2} \: + {b}^{2} [/tex]

[tex] {h}^{2} = {16}^{2} + {12}^{2} [/tex]

[tex] {h}^{2} = 256 + 144[/tex]

[tex]h = \sqrt{400} [/tex]

[tex]h = 20[/tex]

therefore the length of the ladder is 20ft

2x - 15

Help meeeeee

Answers

is this the whole equation?

A cone has a volume of 565.2 cubic millimeters and a radius of 6 millimeters. What is its
height?
Use I 3.14 and round your answer to the nearest hundredth.

Answers

Answer:

h = 15 mm

Step-by-step explanation:

Given that,

The volume of a cone, V = 565.2 cubic millimeters

The radius of the cone, r = 6 mm

We need to find its height. The formula for the volume of the cone is given by :

[tex]V=\dfrac{1}{3}\pi r^2 h[/tex]

Where

h is the height of the cone

[tex]h=\dfrac{3V}{\pi r^2}\\\\h=\dfrac{3\times 565.2 }{3.14 \times 6^2}\\\\h=15\ mm[/tex]

So, the height of the cone is equal to 15 mm.

The practice of buying and selling goods and services over the Internet is
known as which of the following?
A. E-commerce
B. Auctioning
C. l-buying
D. Retail sales

Answers

A. E-Commerce, I took a tech class :)

For which of the following equations is (-3,-2) not a solution?

Answers

Answer:

-5

Step-by-step explanation:

Just add the numbers and if they both got negative numbers it is negative

No equation in the answer choices has a solution pair of (-3,-2) as as evident from the computation below.

Solution pair for Equations

To determine which equations are not satisfied by the solution pair; (-3,-2), we must substitute the solution pair into each equation as follows;

−3x=4y−6; -3(-3) = 4(-2) - 6; 9 = -14; False

y=x−1; -2 = -3 -1; -2 = -4; False

5x+2y=−16; 5(-3) + 2(-2) = -16; -19 = -16; False

2(-2) - 3(-3) = 0; +5 = 0; False

It follows form the computation above that, the solution pair is not a solution to any of the equation choices.

Remarks:

Select one: a. −3x=4y−6 b. y=x−1 c. 5x+2y=−16 d. 2y−3x=0

Read more on solution pair of equations;

https://brainly.com/question/25792305

You grabbed a quick lunch and spent $12. You left an 18% tip. How much was your total?

Answers

Answer:

2.16

Step-by-step explanation:

Answer:

15$ total 3$ tip

Step-by-step explanation:

What does it mean when we refer to Jesus as being a person who proved to be “Counter-Cultural?”

Answers

It means you are a certain kind of Buddha’s

Which is a solution of 2x(8x + 5) (7x – 13) = 0?

Answers

Answer:

Step-by-step explanation:

This has 3 solutions

2x = 0                          Divide by 2

x = 0

8x + 5 = 0                   Subtract 5 from both sides

8x = - 5                       Divide by 8

x = - 5/8

x = -0.625

7x - 13 = 0                   Add 13 to both sides

7x = 13                         Divide by 7

x = 13/7

x = 1.86

If 4% of the population catch a certain disease, find the probability that in a group
of 200 people, exactly 3 will get the disease.

Answers

3/200=1.5/100
Tbh i don’t know I’m guessing it’s 1.5%

choose two answers. need help asap!

Answers

Opposite sides are congruent opposite angles are congruent

Please help me and I’ll give you five stars and a Thanks

Answers

59-18.5=40.5
40.5/4.5=9
9 miles

pls answer fast ❗️❗️❗️

Answers

Volume = rule area × height

Volume = ( 1/2 × 8 × 9 ) × 4

Volume = 36 × 4

Volume = 144 cubic inches

What’s the answer to this? Hurry please

Answers

Answer:

second answer dilation k=1/3

Rachel makes spirit bows for game day. She uses 48 feet of ribbon for 12 bows. If she uses the same amount of ribbon for each bow, how much ribbon would she need for 10 bows?

Answers

Answer:

40 ribbon

Step-by-step explanation:

We need to idenify the ratio which is 1 bow to 4 ribbons, so we times that by ten and we get 10:40 so its 40 ribbons. (Hope it helps)

The amount of ribbon she needs for 10 bows will be 40 feet.

What will be the quantity of ribbons for 10 rows?

It is given that

As she uses 48 feet of ribbon for 12 bows.

So for one bow, the ribbon will be

[tex]\dfrac{48}{12} =4[/tex]

So now if the size of the ribbon should be the same for the new 10 bows then

Size =[tex]10\times 4=40\ feet[/tex]

Thus the amount of ribbon she needs for 10 bows will be 40 feet

To know more about fractions follow

https://brainly.com/question/78672


Which is a measure of the efficiency of an investment?
A.
return rate
B.
return on investment
O c. efficiency coefficient

Answers

I think it’s c but I’m not sure

If we reflect point D(2,-3) over the y-
axis, what is the new image?
D'(-2,3)
D'(-2,-3)
D'(2,-3)
D'(2,3)

Answers

Your answer would be (-2,3) because it’s reflecting over the y (vertical) axis

help please, solve for D
12
25
4
5

Answers

Answer: 81.98274589 is what i got but it will be 81 hope this helped

Step-by-step explanation:

Find the area of the figure

Answers

Answer:

30+25pi

Step-by-step explanation:

100pi * 1/4 = 25 pi

3*10=30

30+25pi

The answer annkhjgggghhhhhhg

so uh this is due tomorrow

Answers

He will make 374.85 this week .

HELP HELP PLEASE ILL MARK BRAINLIEST

Answers

Answer:

third one

Step-by-step explanation:

cuz its a fraction, and fractions arent polynomials

Answer: C

Explanation: The variable is in the denominator

Geometry Questions please solve 18-22. Worth 70 points

Answers

Answer:

18-22 is -4

Step-by-step explanation:

Answer:

18-22 is -4 !! :) I hope this helps

get me the answer and explain

Answers

Answer: 230

Explanation: 120% = 1.2
1.2x = 276
x = 230

Help me with #6 Please

Answers

Answer:

4 - pi

Step-by-step explanation:

we see that the inner square leg is 2 inch because its radius + radius

which is 1+1 (two circles diameters are 4 inches, so one circle has 1 inch radius) square area = 4 inches.

we subtract the area of 4 circle quadrants which is a circle area.

area of the circle is pi r^2, r = 1 so A = pi inch

the shaded region is (4 - pi) inch squared.    

Exponential decay, please help

Answers

Answer:

6.25

Step-by-step explanation:

50(1 - .5)^3

6.25

The time it takes to drive from the New York to Florida is normally distributed
with u = 19 hours and o = 2.5 hours. What is the probability that the next
time someone drives from NY to FL it will take between 20 and 24 hours?

Answers

Answer:

32.18%

Step-by-step explanation:

Just took the test

The final answer is: 32.18%

Got it right when I did it! :)

Can someone help me please answer

Answers

Answer:

a₁ + (n-1)(8)

11th term = 276

Step-by-step explanation:

At a football game, 65% of people attending were supporting the home team, while 35% were supporting the visiting team. If 1300 people attending the game supported the home team, what was the total number of people attending the game? HELP ME I NEED AN A IN MATH!

Answers

Answer: 2000

Step-by-step explanation:

Percentage supporting home team = 65%

Percentage supporting visiting team = 35%

Number of people supporting home team = 1300

Let the total number of people attending the game be represented by x.

Therefore, 65% of x = 1300

65/100 × x = 1300

0.65 × x = 1300

0.65x = 1300

x = 1300 / 0.65

x = 2000

Therefore 2000 people attended the game.

PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!!PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!!

Answers

Answer:

Yes.

Step-by-step explanation:

If you change nothing but the angle and positioning of the original shape, then it is congruent.

-9q = 63 what would be q

Answers

Answer:

-7

Step-by-step explanation:

-9q = 63

q= 63/-9 = -7

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