I NEED TO REPLACE MY CONCRETE IN 7 YEARS. THE TOTAL COST IS $15,000, HOW MUCH DO I NEED TO SAVE ANNUALLY AT 5%.

Answers

Answer 1

9514 1404 393

Answer:

  $1,754.57

Step-by-step explanation:

If you put the amount in savings at the beginning of the year, then the balance after 7 years is ...

  A = P(1 +r)((1 +r)^7 -1)/r . . . . for payment P at annual rate r for 7 years

  15000 = P(1.05)(1.05^7 -1)/0.05 = 8.54911P

Then the amount P that needs to be saved is ...

  15000/8.54911 = P = 1754.57

You need to deposit $1,754.57 at the beginning of each year for 7 years to have a balance of $15,000 at the end of 7 years.

_____

If you wait until the end of the year to deposit the money, the amount will need to be 5% higher: $1,842.30.


Related Questions

2. Which two equations are represented in the following graph?

Answers

Answer:

C. y=x+4 and y=3x+2

Step-by-step explanation:

The circumference c of a circle is given by the formula c equal 2 pi if the radius of the circle is 10 inches find the circumference of the circle

Answers

Answer:

62.8 inches

Step-by-step explanation:

c = 2πr

Where,

c = Circumference of a circle

π = pi = 3.14

r = radius = 10 inches

c = 2πr

= 2 × 3.14 × 10

= 62.8 inches

c = 62.8 inches

Therefore,

The circumference of the circle is 62.8 inches

If triangle ABC is an equilateral triangle and the measure of angle A is
5x, what is the value of x?

Answers

Answer:

A not enough

Step-by-step explanation:

PLS HELP ME ITS DUE TONIGHT

Answers

5/8 is greater than 1/2
4/10 is less than 1/2
So 5/8 is greater than 4/10
Charlie sold more.

Find X
(will give brainliest if correct)

Answers

Answer:

look at my question

Step-by-step explanation:

is 10/4 a irrational number?

Answers

Answer:

si

Step-by-step explanation:

porque si

EMERGENCY HELP IS THIS CORRECT way

Answers

Step-by-step explanation:

goodjob so correct

Answer:

for number 3, it is D, not C  and you are correct for 4

Step-by-step explanation:

Determine the mean absolute deviation of the data.9, 7, 11, 10, 8

Answers

Answer:

1.2

Step-by-step explanation:

First, we need to find the mean of the data. We do this by adding all of the given numbers than dividing it by the number of numbers given. For example, we will add 9+7+11+10+8 which is 45. Since there are 5 given numbers, we are going to divide 45 by 5 which is 9. Now, we need to find the difference (subtraction) of all of the numbers in relation to 9. For example, for 9, we do 9-7 which is 2. Keep 2 in mind. Then we do 11-9 which is also 2. 10-9 is 1. 9-9 is 0. And finally, 9 minus 8 is also 1. Then, like what we did before, we need to find the mean of all of these differences. 2 plus 2 plus 1 plus 0 plus 1 is 6. Then, we divide 6 (our total of these differences) by 5 (the number of differences) 6 divided by 5 is 1.2 so there is your MAD and answer.

The mean absolute deviation of the given data is 1.2.

What is mean absolute deviation?

The mean absolute deviation of a dataset is the average distance between each data point and the mean. It gives us an idea about the variability in a dataset.

Here's how to calculate the mean absolute deviation.

Data given: 9, 7, 11, 10, 8

Step 1: Calculate the mean.

[tex]mean = \frac{sum\ of\ observations}{number\ of\ observations} \\\\mean = \frac{9 + 7+11 + 10 + 8}{5}\\ \\mean =9[/tex]

Step 2: Calculate how far away each data point is from the mean using positive distances. These are called absolute deviations.

Data    Distance from mean

9          |9 - 9| = 0

7          |7 - 9| = 2

11          |11 - 9| = 2

10         |10 - 9| = 1

8          |8 - 9| =1

Step 3: Add those deviations together.

Sum of deviations =  0 + 2 + 2 + 1 + 1 = 6

Step 4: Divide the sum by the number of data points.

Mean absolute deviation = [tex]\frac{sum\ of\ deviations}{number\ of\ observations}\\ \\[/tex] = [tex]\frac{6}{5} = 1.2[/tex]

Learn more about mean absolute deviation here

https://brainly.com/question/10528201

#SPJ2

What is the solution to the equation 4x= 48?
Ox=12
OX= 10
O x= 44
Ox=8

Answers

Answer:

12

Step-by-step explanation:

48/4=12 x=12

Answer:

12

Step-by-step explanation:

hope this helps (:

Please help and I will give you a Cookie

Answers

Step-by-step explanation:

In triangle

x²=5²+12²

x²=25+144

x²=169

x= root of 169

x=13

Answer:

13

Step-by-step explanation:

A^2+B^2=C^2

5=A 12=B X=C

C is is always the longest side of a right triangle.

16 mi
12 mi
What is the length of the hypotenuse?
C =
miles

Answers

Answer:

c = 20 miles

Step-by-step explanation:

use pythagorean theorum (oof my spelling)

16^2 + 12^2 = 400

square root of 400 is 20

lol :))

Answer:

c=20

Step-by-step explanation:

the answer above me said it was 20 and i got it right

I need to know this ASAP I need to get through this lesson before Friday

Answers

Answer:

It is C.

Step-by-step explanation:

So,A triangle is equal to 180 and you would add up the numbers you already have which equal 145.180-145= 35° and thats why the last letter would be 35° in your answer and be correct which would be that m<F=35° is the same as ABC in the last letter. Since,<B is the second letter in ABC and so is <E in DEF and have the same degree that would be the same as well so I hope that helps:)

Answer:

c

Step-by-step explanation:

the angles in a triangle have to add up to 180°

65 + 80 = 145

180-145 = 35

the missing angle is 35°

choice c matches because it has 2 of the same angle measures, which means they all have to be the same

the answer is D Does not exist; does not exist
just wanted to add my answer anyway :)) have a great day

Answers

Answer:

Have a great day too..... :)

1. A limited-edition soccer ball costs $30, and the
sales tax is 6%. What is the total cost?

Answers

Answer:

$31.80

Step-by-step explanation:

The ball will cost 100% of its price plus 6% of its price for a total of 106%.

To use percentages as a factor and multiply, they must be divide by 100, making the multiplication factor version of 106% 1.06.

Multiply the cost of the ball by your multiplication factor:

30 x 1.06 = 31.8

Money is written to two decimal places, making your answer $31.80

Answer:

$31.80

Step-by-step explanation:

First, find how much the sales tax is

$30 × 6%

Convert the percentage into a decimal

30 × 0.06

1.8

$1.80

Add the sales tax to the original cost

$30 + $1.80

$31.80

Help me please!!!!!!!!

Answers

Answer:

A

Step-by-step explanation:

X=5 and 3

Answer: a. x=3 or 5

Step-by-step explanation:

x^2-8x+15=0

When factoring this equation we need to find 2 numbers that multiply to get positive (15) and add to get negative (-8)

So -3 and -5 fit this description because -3+-5=-8 and -3*-5=15

(x-3)(x-5)=0

Solve for values of x to get x=3 and x=5

so X=3 or 5

How much money would be in an account after 20 years if you deposited $5000 in a mutual fund
which compounds interests 5% annually?

Answers

Answer:

$5130.84  

Step-by-step explanation:

100 + 3 = 103%

103% = 1.013

$5000 x 1.013^2 = $5130.84

Hope this helps biiiieeee

Which equation represents the values shown in the table?

a.y = 5x
b.y = -5x
c.y = ()x
d.y = 10x

Answers

Answer:

if y =50 then x = 10 ......... option d

Answer:

y= -5×

Step-by-step explanation:

Y= -5× because -10 ×-5= 50

Can you please factor x^2-2x-31?

Answers

Multiply the coefficient of the first term by the constant 1 • -31 = -31

Find two factors of -31 whose sum equals the coefficient of the middle term, which is -2 .

-31 + 1 = -30
-1 + 31 = 30

Observation : No two such factors can be found !!
Conclusion : Trinomial can not be factored

help, i think i got it? but i wanna make sure.

Answers

Answer:

ya thats the write equation i dont know what the adios say but u got the equation right

Step-by-step explanation:

SOMONE PLEASE HELP ME ASAP THIS IS DUE TODAY IF YOU HELP ME AND GIVE ME THE CORRECT ANSWER I WILL MARK YOU BRAINLIEST, GIVE YOU A THANK YOU AND GIVE YOU A GOOD RATE BUT PLEASE ANSWER THIS CORRECTLY!!!!!!!!!!!!

Answers

What do you need answered?

A road map has a scale of 1: 30 000
The length of a road on the map is 7 cm.
Work out the length, in kilometres, of the real road.

Answers

Answer:

2.1 Km

please look at the picture i sent ....

Based on the information given the length in kilometres of the road is 210,000.

Length in kilometres:

Using this formula

Length in kilometres=Road map scale of map×Length of road map

Where:

Road map scale of map=30,000

Length of road map=7

Let p[lug in the formula

Length in kilometres=30,000×7

Length in kilometres=210,000 kilometres

Inconclusion the length in kilometres of the road is 210,000.

Learn more about the length in kilometres here:https://brainly.com/question/23801012

Please help me, i’m stuck in this answer

Answers

Answer:

I think it stays the same.

Step-by-step explanation:

answer both for ( brain list, thanks, 5 star review) PLS help

Answers

Answer Below :)

Step-by-step explanation:

2a = 80,730

2b = 106

The answers are
1. 80730
2. 106


The Martin family purchases a new home at a cost of $240,000. They finance the home for 30 years at 6% interest, compounded continuously
How much will the Martins pay for the house, including interest

Answers

Given:

Principal value = $240,000

Rate of interest = 6% compounded continuously.

Time = 30 years

To find:

The amount after interest.

Solution:

The formula for amount after continuous compounding the interest is:

[tex]A=Pe^{rt}[/tex]

Where, P is principal, r is rate of interest and t is the number of years.

Putting [tex]P=240,000,r=0.06,t=30[/tex], we get

[tex]A=240,000e^{0.06(30)}[/tex]

[tex]A=240,000e^{1.8}[/tex]

[tex]A=1451,915.39146[/tex]

[tex]A\approx 1451,915.39[/tex]

Therefore, Martins will pay $1451,915.39 for the house, including interest.

yall i really need help plz its due today

Answers

Answer:

Whats the assinment name

Step-by-step explanation:

I got

help please and thanks <3

Answers

I think it’s the last one! Also, would you mind giving me brainiest! If not I’m fine with that! <3

what’s the volume for the rectangular prism

Answers

I believe the answer is 25 if I’m wrong pls correct me

A large emerald with a mass of 982.7 grams was recently discovered in a mine. If the density of the emerald is 2.76 grams over centimeters cubed, what is the volume? Round to the nearest hundredth when necessary and only enter numerical values, which can include a decimal point.

Answers

Answer:

356.05 cm³

Step-by-step explanation:

We are looking for the volume. The formula is density = mass / volume.

If we plug in our numbers, our formula would be 2.76 = 982.7 / V.

Multiply both sides by V and your formula would be (V) 2.76 = 982.7.

Divide both sides by 2.76 and you would get V = 356.05.

The volume of the given large emerald is required.

The volume of the given large emerald that was discovered in the mine was 356.05 cm³. The calculations to find this value is shown below.

Density

m = Mass of object = 982.7 grams

[tex]\rho[/tex] = Density of the material the object is made of = 2.76 grams over centimeters cubed

The relation between mass, volume and density is given by

[tex]V=\dfrac{m}{\rho}\\\Rightarrow V=\dfrac{982.7}{2.76}\\\Rightarrow V=356.05072\approx 356.05\ \text{cm}^3[/tex]

Learn more about density:

https://brainly.com/question/6838128

pls answer this as soon as possible no wrong answers pls

Answers

Answer:

The answe is b

Step-by-step explanation:

Because when u calculat,you’ll only get 1 answer.

pls mark BRAINLIEST

This camping tent has the shape of a right triangular prism. The volume the tent occupies is 46.8 ft3. What is the width, x, of the opening of the tent? Show your work.

Answers

Answer:

Step-by-step explanation:

22

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