Answer:
Let x be the amount invested at 9% and y be the amount invested at 6%
.According to the problem:
x + y = 11,335 ----(1) (the total amount invested is $11,335)0.09x - 0.06y = 865.35 ----(2) (the interest earned from the amount invested at 9% exceeds the interest earned from the amount invested at 6% by $865.35)
We can use these two equations to solve for x and y.
Multiplying equation (1) by 0.06, we get
:0.06x + 0.06y = 680.10 ----(3)
Subtracting equation (3) from equation (2), we get:
0.03x = 185.25
x = 6,175
Substituting x = 6,175 into equation (1), we get:
y = 5,160
Therefore, $6,175 is invested at 9% and $5,160 is invested at 6%.
Step-by-step explanation:
VERY IMPORTANT PLEASE HELP. consider the system of equations x+2y=1 -3x-2y=5. How do you solve the system of equations with cramer’s rule.
After considering the given data we conclude that the system of equations are x=-3 and y=2², under the condition that the given system of equations are x+2y=1 -3x-2y=5
considering the system of equations x+2y=1 and -3x-2y=5. The coefficient matrix is
| 1 2 |
| -3 -2 |
and its determinant is 1×(-2)-(-3)×2 = 4. The matrix obtained by replacing the first column by the right-hand sides of the equations is
| 1 2 |
| 5 -2 |
and its determinant is 1×(-2)-5×2 = -12. The matrix obtained by replacing the second column by the right-hand sides of the equations is
| 1 1 |
| -3 5 |
and its determinant is 1×5-(-3)×1 = 8. Therefore, x=-3 and y=2².
Cramer's rule consist of a formula which is required for solving a system of linear equations with as many equations as unknown variables, applying determinants. It expands the solution in terms of the determinant of the coefficient matrix and the matrices taken from it by replacing one column by the right-hand sides of the equations.
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Please help with this one I need it
Answer:
∠ BCA = 25°
Step-by-step explanation:
the inscribed angle BCA is half the measure of the central angle BOA , so
∠ BCA = [tex]\frac{1}{2}[/tex] × 50° = 25°
FIND THE VALUE PLESAE ANSWER QUIK
Answer: The value of X is 12.
Step-by-step explanation:
K and M are parallel lines so,
6x-13 = 4x+11
Subtract 4x from both sides,
2x-13 = 11
Add the 13 to both sides,
2x = 24
Divide by 2,
x = 12
:).
Answer:
x = 12
Step-by-step explanation:
in practice they are opposite angles, they have the same value, we solve with an equation
6x - 13 = 4x + 11
2x = 11 + 13
2x = 24
x = 24 : 2
x = 12
project that requires an initial investment of $2,225,000. The project’s expected cash flows are:
Year
Cash Flow
Year 1 $300,000
Year 2 –100,000
Year 3 475,000
Year 4 450,000
WACC is 8%, and the project has the same risk as the firm’s average project. Calculate this project’s modified internal rate of return (MIRR): Options:
27.46%
33.23%
-12.72%
24.57%
If Green Caterpillar Garden Supplies Inc.’s managers select projects based on the MIRR criterion, they should _____ accept or reject?
Which of the following statements about the relationship between the IRR and the MIRR is correct? options:
A typical firm’s IRR will be greater than its MIRR.
A typical firm’s IRR will be equal to its MIRR.
A typical firm’s IRR will be less than its MIRR.
The correct statement about the relationship between the IRR and the MIRR is that a typical firm’s IRR will be less than its MIRR.
To calculate the MIRR, we need to find the future value of the positive cash flows at the end of year 4, using the reinvestment rate equal to the WACC. We can then find the discount rate that equates the present value of the initial investment with the future value of the negative cash flows and the positive future value of the positive cash flows.
Using the financial calculator or spreadsheet software, we can find that the future value of the positive cash flows is $698,711.27, and the MIRR is 27.46%.
Therefore, the MIRR is 27.46%, and based on the MIRR criterion, the project should be accepted if the required rate of return is less than 27.46%.
The correct statement about the relationship between the IRR and the MIRR is that a typical firm’s IRR will be less than its MIRR. This is because the IRR assumes that positive cash flows are reinvested at the IRR, which may not be realistic, while the MIRR assumes that positive cash flows are reinvested at the WACC, which is usually more realistic.
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Find the line's slope and a point on the line.
y-3=3(x+4)
Answer:
y=3x−9
Step-by-step explanation:
You have narrowed your job offers down to the
following two cities:
$21,000 - Minneapolis, MN - $2,400 in Benefits - Cost
of Living Index = 106.1
$27,500-Omaha, NE - $1,200 in Benefits - Cost of
Living Index = 89.2
1) Please convert both job offers into a salary in an
average USA city. (Round your answers to the nearest
cent/two decimal places)!
2) Which job offer is better and why?
part 1. The job offers into a salary are:
The Adjusted Salary for Minneapolis, MN is $220.38
The Adjusted Salary for Omaha, NE is $322.15
part 2.
We could conclude that the job offer in Omaha, NE is better because of its the adjusted salary as it offers a higher salary in an average USA city.
How do we calculate?For Minneapolis, MN:
Adjusted Salary = (Offered Salary + Benefits) / Cost of Living Index
Adjusted Salary = ($21,000 + $2,400) / 106.1
Adjusted Salary = $23,400 / 106.1
Adjusted Salary = $220.38
For Omaha, NE:
Adjusted Salary = (Offered Salary + Benefits) / Cost of Living Index
Adjusted Salary = ($27,500 + $1,200) / 89.2
Adjusted Salary = $28,700 / 89.2
Adjusted Salary = $322.15
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The equation 7t = 24.5 models a constant rate situation. What's the value of t?
Answer:
t=3.5
Step-by-step explanation:
Divide each term in 7t=24.5 by 7 and simplify.
Find all the zeros of the polynomial p(x)=x^3+x^2+8x-60
---------------------
Enter the zeros separated by commas. Enter exact values, not decimal approximations, using square roots as needed.
The roots (zeros) are the x values where the graph intersects the x-axis. To find the roots (zeros), replace y with 0 and solve for x.
x = 3, −2+4i, −2−4i
To find the zeros of the polynomial p(x), we need to find the values of x such that p(x) = 0.
One way to do this is to use the rational root theorem, which states that if a polynomial with integer coefficients has a rational root p/q (where p and q are integers with no common factors), then p must divide the constant term and q must divide the leading coefficient.
For the polynomial, [tex]p(x) = x^3 + x^2 + 8x - 60,[/tex] the constant term is -60 and the leading coefficient is 1.
Therefore, the possible rational roots are:
±1, ±2, ±3, ±4, ±5, ±6, ±10, ±12, ±15, ±20, ±30, ±60
We can then use synthetic division or long division to check which of these roots are actually zeros of the polynomial.
Trying the possible roots, we find that x = 3 is a zero of the polynomial, since p(3) = 0.
Using long division or synthetic division, we can then divide p(x) by (x - 3) to get a quadratic factor:
[tex]x^3 + x^2 + 8x - 60 = (x - 3)(x^2 + 4x + 20)[/tex]
The quadratic factor [tex]x^2 + 4x + 20[/tex] has no real roots since its discriminant [tex](b^2 - 4ac)[/tex] is negative. Therefore, the zeros of the polynomial p(x) are:
x = 3 (with multiplicity 1)
x = -2 ± 4i (with multiplicity 1 each)
Therefore, the zeros of the polynomial p(x) are 3, -2 + 4i, and -2 - 4i.
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Daniela has a three-season acting contract for a new TV show. Her pay for Season 1 iscp dollars. Then, her pay will increase by 5 percent from Season 1 to Season 2 and by 10 percent from Season 2 to Season 3. Which of the following represents Daniela's Season 3 pay in terms of p?
1.15p is the expression which represents Daniela's Season 3 pay in terms of p
To find Daniela's Season 3 pay in terms of p, we need to calculate the pay increase for each season.
In Season 2, her pay increases by 5 percent, which means she will receive 105 percent (or 1.05) of her Season 1 pay.
In Season 3, her pay increases by 10 percent from Season 2, so she will receive 110 percent (or 1.10) of her Season 2 pay.
To express Daniela's Season 3 pay in terms of p, we multiply the Season 1 pay (p) by the pay increase factors for Season 2 and Season 3:
Season 2 pay = 1.05p
Season 3 pay = 1.10(1.05p) = (1.10)(1.05)p
Simplifying the expression, we get:
Season 3 pay = 1.155p
Therefore, 1.15p is the expression which represents Daniela's Season 3 pay in terms of p
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I will give brainliest and ratings if you get this correct
The output levels that will maximize profits are Q1 = 52.5 and Q2 = 52.5.
How to determine the output level that maximize profitsTo maximize profits, we need to find the output levels of the two goods that will maximize the difference between total revenue and total cost (i.e., profit).
The profit function can be expressed as:
π = TR - TC
= 15Q1 + 18Q1^2 + 15Q2 + 18Q2^2 - 20 - 2Q1.Q2 - 393
Taking the partial derivative of the profit function with respect to Q1 and setting it equal to zero, we get:
∂π/∂Q1 = 15 + 36Q1 - 2Q2 = 0
Taking the partial derivative of the profit function with respect to Q2 and setting it equal to zero, we get:
∂π/∂Q2 = 15 + 36Q2 - 2Q1 = 0
Using Cramer's rule, we can solve for Q1 and Q2:
Q1 = (2(15) - (15)(36))/(-4) = 52.5
Q2 = (2(15) - (15)(36))/(-4) = 52.5
Therefore, the output levels that will maximize profits are Q1 = 52.5 and Q2 = 52.5.
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Your gross income is $4,520.00/month. Your deductions are FICA (7.65%), federal tax withholding (11.75%), and state tax withholding (8.5%). Your fixed expenses are 30% of your realized income. You saved 5 months' worth in an emergency fund, placing 75% in a 60-day CD at a 5.25% APR and the rest in regular savings account at a 3.8% APR. What is the total amount of your emergency fund?
a)$6,516.91
b)$4,888.40
c)$4,520.00
d)$6,107.33
The total amount of the emergency fund is A) $6,516.91
First, we need to calculate the net income after deductions:
FICA: 7.65% of $4,520.00 = $345.18Federal tax withholding: 11.75% of ($4,520.00 - $345.18) = $451.96State tax withholding: 8.5% of ($four,520.00 - $345.18 - $451.96) = $297.98Net profits = $4,520.00 - $345.18 - $451.96 - $297.98 = $3,425.88Next, we need to calculate the amount of constant expenses:
Fixed prices = 30% of $3,425.88 = $1,027.76
The entire amount saved inside the emergency fund is 5 months' worth of fixed costs:
Emergency fund = $1,027.76 x 5 = $5,138.80
To calculate the quantity inside the 60-day CD
We need to multiply 75% of the emergency fund by means of the interest rate and divide with the aid of 12 to get the monthly interest:
Amount in CD = ($5,138.80 x 0.75 x 0.0525) / 12 = $160.57The amount within the everyday savings account is the remaining 25% of the emergency fund:Amount in normal savings account = $5,138.80 x 0.25 = $1,284.70Therefore, the total amount of the emergency fund is:
$5,138.80 + $160.57 + $1,284.70 = $$6,516.91
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South Pole Edition
Your Outdoor Adventures class is providing guidance to a group that is on an expedition to the South Pole. There are 5 people on the expedition.
Due to the extreme climate and conditions, each person in the group needs to consume 6000 calories per day. The table shows the three foods that will make up their total daily calories, along with the number of calories per unit and the daily needs by percentage.
(chart is in the photo i provided)
The map shows the current location of the group, as well as the location of the South Pole and the base camp. Each unit on the grid represents 5 miles. In the question that follow, you will determine whether the group has enough food to reach the South Pole and return to base camp.
Question:
The group thought there was enough food for all 5 group members to complete the trip, with each person getting the required 6000 calories per day. They discover that 2 of the crates they brought are missing.
Each crate contains
•80 biscuits
•50 packages of pemmican
•10 packages of butter and cocoa
Use the map, create a plan for the rest of the trip that includes taking as many group members as possible to the South Pole, while sending the rest of the group members directly back to base camp. Remember that each person must have 6000 calories of food per day until he or she gets back to base camp.
The group does not have enough food to complete the trip with all five members. By sacrificing one member's trip to the South Pole and carefully rationing the food, the group can ensure that each person has enough food to complete the trip safely.
How did we arrive at this assertion?According to the given chart, calculate that each crate contains a total of 48000 calories. Therefore, two missing crates result in a total loss of 96000 calories (48000 x 2).
Determining whether the group has enough food to reach the South Pole and return to base camp, calculate the total number of calories required for the entire trip. Supposing a round trip of 10 days to the South Pole and back, the total number of calories required would be:
Total Calories = (6000 calories/person x 5 people x 10 days) x 2 (round trip)
Total Calories = 600,000 calories
To cover for the lost calories, the group would need to sacrifice one member's trip to the South Pole and send them directly back to base camp. This would leave four members to continue to the South Pole, where they would have to ration their food carefully to make sure they have enough for the entire trip.
Below is a plan to ensure enough food:
Day 1-2:
All five members travel together to position (2,1) and set up camp.Each member would consume 6000 calories per day.Total calories consumed: 5 people x 6000 calories x 2 days = 60,000 caloriesDay 3-5:
Four members (let's call them A, B, C, and D) continue to the South Pole while one member (let's call them E) returns to base camp.E would need 6000 calories per day to return to base camp.Total calories consumed by E: 1 person x 6000 calories x 3 days = 18,000 caloriesA, B, C, and D would have to consume 15000 calories per day (60000 calories ÷ 4 people ÷ 2 days) to make up for the lost calories.Total calories consumed by A, B, C, and D: 4 people x 15000 calories x 3 days = 180,000 caloriesDay 6-7:
A, B, C, and D reach the South Pole and set up camp.They would need 6000 calories per day for 2 days.Total calories consumed: 4 people x 6000 calories x 2 days = 48,000 caloriesDay 8-10:
A, B, C, and D return to position (2,1) and pick up E on the way.They would need 6000 calories per day for 3 days.Total calories consumed: 5 people x 6000 calories x 3 days = 90,000 caloriesAdd up all the total calories consumed:
60,000 + 18,000 + 180,000 + 48,000 + 90,000 = 396,000 calories
This is less than the total calories required, which was 600,000 calories. Therefore, the group does not have enough food to complete the trip with all five members. By sacrificing one member's trip to the South Pole and carefully rationing the food, the group can ensure that each person has enough food to complete the trip safely.
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NO LINKS!! URGENT HELP PLEASE!!!
10. Mr. and Mrs. Rainer took out a $240,000 to purchase their home. If the interest rate on the loan is 1.2% compounded bimonthly, how much interest will they have paid after 30 years?
Answer:
$103,875.41
Step-by-step explanation:
To solve this problem, we can use the formula for compound interest:
[tex]\boxed{\begin{minipage}{8.5 cm}\underline{Compound Interest Formula}\\\\$ A=P\left(1+\frac{r}{n}\right)^{nt}$\\\\where:\\\\ \phantom{ww}$\bullet$ $A =$ final amount \\ \phantom{ww}$\bullet$ $P =$ principal amount \\ \phantom{ww}$\bullet$ $r =$ interest rate (in decimal form) \\ \phantom{ww}$\bullet$ $n =$ number of times interest is applied per year \\ \phantom{ww}$\bullet$ $t =$ time (in years) \\ \end{minipage}}[/tex]
Given values:
P = $240,000r = 1.2% = 0.012n = 6 (bi-monthly)t = 30 yearsNote: Bi-monthly means every 2 months.
Substitute the given values into the formula and solve for A:
[tex]A=240000\left(1+\dfrac{0.012}{6}\right)^{6 \cdot 30}[/tex]
[tex]A=240000\left(1.002\right)^{180}[/tex]
[tex]A=343875.406934...[/tex]
[tex]A=343875.41[/tex]
So after 30 years, Mr. and Mrs. Rainer will have paid a total of $343,875.41, which includes both the principal and the interest.
To find the amount of interest they paid, subtract the principal:
Interest paid = $343,875.41 - $240,000 = $103,875.41
Therefore, they will have paid $103,875.41 in interest over the 30-year period.
Which of the following statements are true regarding the reflection of A(1 1/2,−2) ? Select all that apply.
PLEASEE HELPP MEE!!!!
Answer: Hey i'd love to help you can you please provide the choices that are given?
Step-by-step explanation:
The sine of an angle 0 in the third quadrant is -0.5. What is the value of cos(0)?
The measure of angle θ is 210°. Therefore, the value of the cos θ will be -√3 / 2.
Given that:
sin θ = -0.5
The angle θ lies in the third quadrant.
Trigonometric functions examine the interaction between the dimensions and angles of a triangular form.
The angle θ is calculated as,
sin θ = -0.5
θ = 210°
The value of the cosine of anlge θ is calculated as,
cos θ = cos 210°
cos θ = -√3 / 2
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factor each expression completely
please help me asap becasue I need this for math home work due today.
8n^2+68n+84
Step-by-step explanation:
Sometimes it is hard to 'see' the factorization....so you can take the HCF out of the three terms to perhaps see it better:
Factor out a '4'
4* ( 2n^2 + 17n + 21 )
4 ( 2n +3 )(n +7 ) DONE.
Share #5000 in the ratio of #2000 to #3000 among John and chinedu what percentage of the money does each boy Receive.
Can yall help me with this pls
In the given figure, after applying the vertical angle and straight line angle property, the values of x and z are 5° and 116° respectively.
Four angles are created when two lines intersect. Vertical angles are those that are opposite each other and are always congruent.
That means, z° = (12x + 56)° ---------- (1)
On a straight line, the angles add up to 180°.
That means, z° + (8x + 24)° = 180° ---------- (2)
Substituting value of z from (1) in (2),
(12x + 56) + (8x + 24) = 180
20x + 80 + 180
20x = 100
x = 5°
Substituting x = 5 in (2),
z + (8*2 + 24) = 180
z + 64 = 180
z = 116°
Therefore, x = 5° and z = 116°.
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how do i find x from the equation x(x+6)=108
Answer:
x = -3 + √117
x = -3 - √117
Step-by-step explanation:
So the equation is x(x+6)=108
first you gotta simplify
x*x + x*6 = 108
x^2 + 6x = 108
x^2 + 6x - 108 = 0
using the quadratic formula:
x = (-b ± √(b^2 - 4ac)) / (2a) with a=1, b=6 and c=-108
Write 382,368 in word form
Kofi thinks of a integer number and then add 5 to it.He then multiplies the result by 3.The answer he obtains cannot be greater than 21.Find all the positive values of the number he thinks of.
The positive values of the number Kofi thinks of are 1 and 2.
Let's call the number Kofi thinks of "x".
According to the problem Kofi adds 5 to this number and then multiplies the result by 3.
We can write this as:
3(x + 5)
We know that this expression cannot be greater than 21 so we can set up an inequality:
3(x + 5) ≤ 21
Simplifying the inequality, we get:
x + 5 ≤ 7
Subtracting 5 from both sides, we get:
x ≤ 2
The possible values of the number Kofi thinks of are all the positive integers less than or equal to 2 are 1 and 2.
To check that these values work can plug them back into the expression 3(x + 5) and verify that they give a result less than or equal to 21:
If Kofi thinks of 1, then 3(1 + 5) = 18 is less than 21.
If Kofi thinks of 2 then 3(2 + 5) = 21 is equal to 21 but it satisfies the condition since the problem asks for an answer that "cannot be greater than 21".
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Please answer these papers entirely, it’s due tomorrow
The area of Curtis's triangular frame is 36 square feet. The Option C is correct.
What is the area of the triangular frame?To get area of the frame, we will use formula for the area of a triangle which is [tex]A = 1/2 * b * h[/tex]
B = length of the base
H = perpendicular distance from the base to the vertex.
Substituting the values, we get:
A = 1/2 * 12 feet * 6 feet
A = 1/2 * 72 feets
A = 36 square feet
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9 ft
17 ft
11 ft
9 ft
15 ft
8 ft
5 ft
What is the surface area of the figure?
The surface area of a three dimensional shape is the total area of all of the faces. To find the surface area of a shape, we find the area of each face and add them together. E.g. The measurements here are in centimetres so the surface area is measured in square centimetres ( c m 2 ) (cm^2) (cm2)
triangle-
Base Surface Area = 112
= 121 feet2
Lateral Surface Area =
2×11× √
( 11 )2 + 72
2
= 195.84943196241 feet2
Total Surface Area = 316.84943196241 feet2
bottom bit-
Surface Area = 2×(15×5 + 15×8 + 5×8) = 470 feet2
100 POINTS
Ann obtained the list of apartments below.
a. Use linear regression analysis to determine if there is a correlation between the square footage and the monthly rent.
b. Determine the regression equation. Round the numbers in the equation to the nearest hundredth.
c. Use your regression equation to determine the price you might expect to pay for an 810-square foot apartment.
Answer:
a) Very strong positive correlation (r = 0.99).
b) y = 299.46 + 1.74x
c) $1,709 per month
Step-by-step explanation:
Linear regression is a statistical technique used to model the relationship between a dependent variable and an independent variable by fitting a linear equation to the observed data points. It aims to find the line of best fit that minimizes the overall distance between the observed data and the predicted values based on the linear equation.
Part (a)We can use a statistical calculator to perform linear regression analysis on the given data.
The explanatory (independent) variable is the square footage (x-values).
The response (dependent) variable is monthly rent (y-values).
After entering the data into a statistical calculator we get:
a = 299.464156...b = 1.73689309...r = 0.986575728...The r-value, also known as the correlation coefficient, is a statistical measure that quantifies the strength and direction of the linear relationship between two variables. It ranges between -1 and 1, where -1 indicates a perfect negative correlation, 0 indicates no correlation, and 1 indicates a perfect positive correlation.
In this case, an r-value of 0.99 suggests that there is a very strong positive linear relationship between between square footage and monthly rent. As the square footage increases, the monthly rent tends to increase as well.
This high correlation indicates that square footage is a strong predictor of monthly rent. However, it is important to note that the correlation coefficient alone does not imply causation or provide information about the underlying factors influencing the relationship.
[tex]\hrulefill[/tex]
Part (b)To determine the regression equation, substitute the found values of a and b into the regression line formula, y = a + bx.
Round the values of a and b to the nearest hundredth:
a = 299.46b = 1.74Therefore, the regression equation is:
[tex]\boxed{y = 299.46 + 1.74x}[/tex]
where:
x is the square footage.y is the monthly rent (in dollars).[tex]\hrulefill[/tex]
Part (c)To determine the monthly rent that we might expect to pay for an 810 square foot apartment, substitute x = 810 into the regression equation found in part (b), and solve for y:
[tex]\begin{aligned}y &= 299.46 + 1.74(810)\\&=299.46+1409.4\\&=1708.86\\&=1709\end{aligned}[/tex]
Therefore, we would expect to pay approximately $1,709 per month for an 810 square foot apartment.
HELPPPP!!
can someone tell me how they got five as an answer in the image i attached !!!
The number of unique preferences represented in the table is given as follows:
B. Five.
What are unique outcomes?Unique outcomes are the outcomes that appear in a data-set, however we only count them twice.
For example, if João and Elisa are Buffalo Bills fans, while Chanel and Laura are Atlanta Falcons fans, we have two unique outcomes(Bills and Falcons fans).
Hence the outcomes for this problem is given as follows:
Jamil, Krista and Luke -> voters 1, 3 and 6.Krista, Luke, Jamil -> voter 2.Luke, Krista, Jamil -> voter 4.Jamil, Luke, Krista -> voter 5.Krista, Jamil, Luke -> voter 7.Hence the number of unique outcomes is given as follows:
5.
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A cylinder has a height of 10 cm and a radius of 4 cm. If the mass of the cylinder is 500 grams, what is the density of the material it is made of?
i think the answer is 0.9 or 1?
Answer:
The volume of the cylinder can be calculated using the formula V = πr²h, where r is the radius and h is the height:
V= πr²h = π(4cm)²(10cm) = 160π cm³
The density of the material is given by the mass per unit volume:
density = mass/volume = 500g / 160π= π(4 cm)²(10 cm)
= 160π cm³
The mass and volume are related by density (ρ), which is defined as mass per unit volume:
ρ = m/V
where m is the mass and V is the volume.
Substituting the given values, we get:
ρ = 500 g / 160π cm³
ρ ≈ 0.988 g/cm³
Therefore, the density of the material the cylinder is made of is 0.988 g/cm³.
john opened a retirement account that has an annual yield of 5%. He is planning on retiring in 25 years. How much cost must he deposit into that account each year so that he can have a total of $500,000 by the time he retires?
The annual deposit for John for total amount of annuity is A = $ 29,060.29
Given data ,
To determine the annual deposit amount needed for John to have a total of $500,000 by the time he retires, we can use the formula for the future value of an ordinary annuity:
FV = P * [(1 + r)^n - 1] / r
Where FV is the future value, P is the annual deposit, r is the annual yield (interest rate), and n is the number of years.
In this case, we are given:
FV = $500,000
r = 5% = 0.05
n = 25 years
Substituting these values into the formula, we have:
$500,000 = P * [(1 + 0.05)^25 - 1] / 0.05
And , the value of P is
P = ($500,000 x 0.05) / [(1.05^25) - 1]
P ≈ ($25,000) / (1.858734... - 1)
P ≈ ($25,000) / 0.858734...
P ≈ $29,060.29
Hence , John must deposit approximately $29,060.29 into the retirement account each year to accumulate a total of $500,000 by the time he retires in 25 years
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Which expression is equivalent to (z + 6)(z – 6)?
Answer:
[tex]z^{2} +z-36[/tex]
Step-by-step explanation:
Multiply
Help me with this question please!!!
Mia's total profit for the month is given as follows:
$200.
How to obtain the profit function?The profit function is obtained as the subtraction of the revenue function by the cost function, as follows:
P(x) = R(x) - C(x).
From the table given in this problem, the revenue and the costs are given as follows:
Revenue of $9,500.Cost of 9000 + 300 = $9,300.Hence the profit is given as follows:
9500 - 9300 = $200.
As the profit is positive, it is in fact a profit(gain) and not a loss.
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halla el menor de tres enteros impares consecutivos tales que 4 veces el entero del medio sea 14 más que la suma del primero y tercer enteros.
The 3 consecutive odd numbers are 5, 7, and 9
How to find the 3 numbers?3 consecutive odd numbers can be written as:
x
x + 2
x + 4
Such that x is an odd number.
Here we want that 4 times the middel number is equal to 14 more than the sum of the first and the third, then we can write the linear equation:
4*(x + 2) = x + x + 4 + 14
Solving this for x, we will get:
4x + 8 = 2x + 18
4x - 2x = -8 + 18
2x = 10
x = 10/2 = 5
The 3 numbers are 5, 7, and 9
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