PLEASE HELP FOR A TEST IT'S DUE IN 5 MINUTES!

Floyd decides to invest $1,000,000 in a 20-year annuity that earns 4.6% APR compounded monthly. How much money will Floyd be paid each month from this annuity?

Answers

Answer 1

Answer:

$6380.38

Step-by-step explanation:

Answer 2

Floyd will be paid $2,504,880 each month.

What is Compound Interest?

Compound interest is an interest of interest to the principal sum of a loan or deposit. The concept of compound interest is the interest adding back to the principal sum so that interest is earned during the next compounding period.

Given that Floyd invests $1,000,000 in a 20-year annuity that earns 4.6% APR compounded monthly.

A = P(1+r)ⁿ

A = 1,000,000(1+0.046/12)²⁰⁽¹²⁾

A = 2,504,880

Hence Floyd will be paid $2,504,880 each month.

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Related Questions

Find the gradient for y= 1/4x-2​

Answers

Answer:

1/4

Step-by-step explanation:

comparing with y=mx+c

What are the solutions to the system of equations? y=2x^2−6x+3 y=2x+3

Answers

Answer:

Step-by-step explanation:

y=2x²-6x+3

y=2x+3

2x²-6x+3=2x+3

2x²-6x+3-2x-3=0

2x²-8x=0

2x(x-4)=0

x=0,4

y=0+3=3

and y=2(4)+3=11

so solutions are (0,3) and (4,11)

What is the Decimal expansion of 16/9

Answers

Answer:

1.7777777778

Step-by-step explanation:

The decimal expansion of 16/9 is 1.77.

What is decimal?

Decimal is a fraction whose denominator is a power of ten and whose numerator is expressed by figures placed to the right of a decimal point.

Given is to find out the decimal expansion of 16/9.

We can write the decimal expansion of 16/9 as -

16/9

(9 + 7)/9

(9/9 + 7/9)

1 + 7/9

1 + 0.77

1.77

Therefore, the decimal expansion of 16/9 is 1.77.

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Stacy made 3 of her car payments late and was fined 3 late fees. The total change to her savings from late fees was - $24. How much was each late fee?​

Answers

Answer:

$8

Step-by-step explanation:

I got my answer of $8 because I knew that the total amount of money she was charged for late fees was $24, and she was charged for 3 late fees. Then, I did $24 divided by 3 late fees and got $8 per late fee as my answer.

24 divided by 3 equals 8.

Use a 70% discount coupon or 40%, then 20%, then 10% on your whole purchase?

Answers

It would add up to 70% ?

What is the answer to the equation: 8+10

Answers

Answer:

18, the answer to 8+10 is 18, like you learn in 1st grade

Answer:

18 the answer

hope it helps

x - 2y = 2 3x + 3y = 24

Answers

Answer : yes



Explanation yes

Answer:

Step-by-step explanation:

what the question

have a nice day

please help will mark brainliest for right answer!
-thanks <3

Answers

It’s answer C you’re welcome!

Answer:

The answer is B

Step-by-step explanation:

A right triangle is displayed.

The area of the right triangle is

A. 24 in ^2
B. 48 in ^2
C. 432 in ^2
D. 864 in ^2

Answers

Answer:

You have to use the Pythagorean Theorem to find the other side, which will be your base in the Area formula (A=1/2bh). So the Pythagorean theorem would be 36^2 + b^2 = 60^2. This gives you 48 in for your base/missing side length. Then, you plug it into the area formula. So, A=1/2(48) (36). This gives you 864 in^2 for the area of your triangle.

Find the midpoint of the segment with the following endpoints.
(8,1) and (5,7)

Answers

The midpoint would be (13/2 , 4)

Answer:

(6.5,4) is your mid point

Step-by-step explanation:

Janine graphs these two lines and finds that they intersect.
y = -x + 1
2x + 3y = 6
Select the number from the drop down menu that correctly completes the
statement.
The y coordinate of the point of intersection is choose...

Answers

Answer:3

Step-by-step explanation:

answer to 7x^2 - 3x + 6 = 0

Answers

Answer: 2.7

Step-by-step explanation: Hope this helps!

Answer:

(3 - [tex]\sqrt{159}[/tex]) / 14 ≈ -0.7

(3 + [tex]\sqrt{159}[/tex]) / 14 ≈ 1.1

Step-by-step explanation:

this quadratic has no real roots because of the negative square root

Help Please! :((( answer correctly please

Answers

Answer:

ILOVEMATH

10 = 90

11 = 35

12 = 16

13 = 200000

14 = 19

Step-by-step explanation:

The magic word is I love math

The ratio of the number of girls to the number of boys in a sports club was 4:7. There are 18 more boys than girls in the club. How many pupils are in the club ALTOGETHER?

Answers

Answer:

66

Step-by-step explanation:

7 - 4 = 3

18 ÷ 3 = 6

6 × (4 + 7) = 66

The point (-3, 2) lines on a circle whose equation is (x + 3)2 + ( + 1)2 = r2. Which of
the following must be the radius of the circle?

Answers

Answer:

3 units

Step-by-step explanation:

Equation of the circle is:

[tex] (x+3)^2 +(y+1)^2=r^2 [/tex]

[tex] \therefore [x-(-3)] ^2 +[(y-(-1)] ^2=r^2 [/tex]

Equating it with

[tex] (x-h)^2 +(y-k)^2=r^2 [/tex]

We find: h = - 3 & k = - 1

Center of the circle (C) = (-3, - 1)

Since, the point (-3, 2) lies on the circle, therefore radius of the circle wii be equal to the distance between the center of the circle (-3, - 1) and the point (-3, 2) which is on the circle.

Therefore,

[tex] r = \sqrt{[-3-(-3)]^2 +[2-(-1)]^2} [/tex]

[tex] r = \sqrt{[-3+3]^2 +[2+1]^2} [/tex]

[tex] r = \sqrt{[0]^2 +[3]^2} [/tex]

[tex] r = \sqrt{0 +9} [/tex]

[tex] r = \sqrt{9} [/tex]

[tex] r = 3\: units [/tex]

A helicopter flies 665 feet above ground. What is the measure of the angle of depression fro t the helicopter to the girls line of sight

Answers

Answer:

67°

Step-by-step explanation:

CHECK THE ATTACHMENT FOR THE FIQURE

From, trigonometry

tan(θ) = opposite/ adjacent

✓The helicopter is 665 feet from ground.

✓Distance of the helicopter and the line of sight of the girl will be the OPPOSITE SIDE, which is

(665ft - 5 ft)

= 600 ft

✓ from the figure, we can see the distance on the Horizontal side which is the ADJACENT SIDE as ( 280 ft)

✓angle of depression can be calculated as

tan(θ) = opposite/ adjacent

tan(θ)= (660/280)

tan(θ)= 2.357

tan-1=(2.357)

θ= 67°

Hence, angle of depression is 67°

What fact will help you to find the measure of angles B and C in the diagram shown?
A) An equilateral triangle has 3 congruent angles.
B)
The height of an isosceles triangle bisects the base.

C) The base angles of an isosceles triangle are congruent.
D)
The midsegment of an isosceles triangle is parallel to the base

Answers

Answer:

The Answer is C

Step-by-step explanation:

Look at B and C you can see that they have a line on each angle. Also, know that isosceles have two congruent sides. So when looking at this triangle we can infer that C is our best bet.

plss help i really need this! i really need serious answer :( ​

Answers

Answer:

1) 4

2) 15/2

3) 75

Step-by-step explanation:

Answer:

BD is midsegment parallel to CEMidsegment is the half the parallel side

1. If BD = 2, then CE = 2*BD = 2*2 = 4

2. If AC = 15, the AB = 1.2*15 = 7.5

3. If m∠ADB = 75°, then m∠AEC = m∠ADB = 75° as corresponding angles

4. If AE = 6x + 8 and BD = 18, then x is:

this is confusing, there is no direct relationship between these two segments

5. If BD = x + 1 and CE = x + 10 then:

2(x + 1) = x + 10 ⇒ 2x + 2 = x + 10 ⇒ x = 8

Plzz help will mark brainiest Don't do it for the points

Answers

Answer:

I think the answer is B

Step-by-step explanation:

QUICK GIVING BRAINLIEST TO THE CORRECT ANSWER

Answers

0.91 as a percent is 91%

Answer:

91%

Step-by-step explanation:

0.91 = 91/100 = 91%

Help me frl :( I don't understand and this is worth 25 point I'm willing to do that

Answers

1.) 3(2c-4)+2c=8c-12
Step 1: Simply both sides of the equations.
8c-12=8c-12
Step 2: Subtract 8c from both sides.
8c-12-8c=8c-12-8c
-12=-12
Step 3: Add 12 to both sides
-12+12=-12+12
0=0
All real numbers are solutions.


2.) A=L•W
6•3x-2
= 18x-2
A= 18x-2

What's the distance between (5, 13) and (9, 1)

Answers

Answer: 16

Step-by-step 8+8


On Monday the temperature at 10 p.m at sams house was -6 Fahrenheit the temperature at 2 p.p at sams house was 2 Fahrenheit. Which statement about the change in temperature from 10 a.m to 2 p.m at sams house is true?

Answers

Answer:

The answer to this one is B!

12 is what
% of 200?

Answers

Answer: 6%

pls give me brainliest ty

Step-by-step explanation:

If y=−3, then
4y
4+y

=

Answers

Answer:

4y4+y is 4x-3x4+-3 so the answer is -51

Step-by-step explanation:

4 times -3 is -12

-12 times 4 is -48

-48 plus -3 is -51

hope this is right lm.ao

Answer:

4 x -3 + 4 = 5

4 x -3= 1

4 + -3 =1

Step-by-step explanation:

I checked the calculator (Sorry if I’m wrong)

“What is the minimum value of the function: x^2+24x-18? Show your work.”

Answers

Answer:

-162

Step-by-step explanation:

x²+24x-18=x²+24x+12²-12²-18=(x+12)²-162

(x+12)²≥0

(x+12)²-162≥-162

⇒ the minimum value of the function is -162

You have a bag of gummy worms. 12 are green, 3 are blue, 6 are red, and 2 are orange. What is the probability that you will reach into the bag and pull a red worm, eat it, and then pull a green worm?

Answers

Answer and working out attached. Hope it helps

The probability that you will reach into the bag and pull a red worm, eat it, and then pull a green worm:

What is probability?

Probability is a mathematical term, which can be defined as the ratio of the number of favorable outcomes to the total number of outcomes of an event. The possibility that an event will occur is measured by probability.

Probability of Event = Favorable Outcomes/Total Outcomes = X/n

The probability of pulling a red worm from the bag is 6/(12+3+6+2) = 6/23.

After eating the red worm, there are 11 green worms left in the bag, so the probability of pulling a green worm is 12/(12+3+2) = 12/17.

To find the probability of both events occurring (pulling a red worm and then a green worm), we need to multiply their probabilities:

P(red and green) = P(red) × P(green)

P(red and green) = (6/23) × (12/17)

P(red and green) = 72/391

Therefore, the probability of reaching into the bag and pulling a red worm, eating it, and then pulling a green worm is 72/391.

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Find the measure of an angle between 0º and 360º coterminal with an angle of –234º in standard position.

a.144º

b.126º

c.234º

d.54°​

Answers

Answer:

126°

Step-by-step explanation:

hello :

234°=360°-126°..... so:

- 234°=-360°+126°

What Is the first step in solving this quadratic equation
X^2+5x=6

A. Combine like terms
B. Set each factor equal to 0
C. Subtract from both sides to set the equation equal to 0
D. Factor

Answers

Answer:

Step-by-step explanation:

We need to move the 6 so that all three terms are on the left and only 0 is present on the right side:  To do this, we (C) subtract 6 from both sides to set the equation equal to 0.

x^2 + 5x - 6 = 0

Maria is in charge of making punch for the party she adds two quarts of water to 1 quart of orange juice and 2 quarts of mango juice then she adds one quart of crushed strawberry juice and 2 quarts of pineapple juice to the mixture how many quarts of punch does Maria make?

Answers

Answer:

8 quarts

Step-by-step explanation:

According to the scenario, computation of the given data are as follows,

Water = 2 quarts

Orange Juice = 1quarts

Mango Juice = 2 quarts

Strawberry juice = 1 quart

Pineapple Juice = 2 quarts

So, Total mixture = Sum of all ingredients in quarts

= 2 + 1 + 2 + 1 + 2 = 8 quarts

Hence, Maria makes 8 quarts of punch.

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