Victoria is going to invest in an account paying an interest rate of
6.6% compounded daily. How much would Victoria need to invest,
to the nearest dollar, for the value of the account to reach $580 in 6
years?

Answers

Answer 1

Answer:390

Step-by-step explanation:

Answer 2

Victoria need to invest, to the nearest [tex]421[/tex] dollar, for the value of the account to reach [tex]$580[/tex] in [tex]6[/tex] years.

Learn more about probability here,

Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true.

It is given that the interest rate is [tex]\[6.6%\][/tex] %, and year is [tex]6[/tex] and the value of the account to reach is [tex]$580\$$[/tex].

We will solve this problem by using the following compound interest formula or Single payment compound amount formula,

[tex]$F=P{{(1+i)}^{n}}$[/tex]

Where, [tex]i[/tex] is the interest rate per compound period, [tex]n[/tex] is the number of [tex]i[/tex]compounding period, [tex]P[/tex] is preset sum of money and [tex]F[/tex] is a future sum of money.

So,

[tex]$P=\frac{F}{{{\left( 1+i \right)}^{n}}}$[/tex]

[tex]$P=\frac{580}{{{\left( 1+6.6 \right)}^{6}}}$[/tex]

[tex]$P\approx 421$[/tex]

Hence, The Victoria needs to invest approximate [tex]$421\$$[/tex].

Learn more about compound interest here,

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Related Questions

Work out the ratio of AREA of Rectangle A to Rectangle B in the simplest form.
Multiple choice :
A.) 5 : 3
B.) 3 : 4
C.) 4 : 9
D.) 4 : 11

Answers

Answer:

C.) 4:9

Step-by-step explanation:

[tex]10*16=160\\24*15=360\\160:360=4:9[/tex]

Answer:

C

Step-by-step explanation:

Given ratio of sides = a : b , then

ratio of areas = a² : b²

Here

ratio of sides = 16 : 24 = 2 : 3 , then

ratio of area = 2² : 3² = 4 : 9 → C

Tell whether the angles are adjacent or vertical. Then find the value of x.

Answers

Answer:

  x = 63°

Step-by-step explanation:

~ They are adjacent angles because they have a common (one) vertex.

~ To find the value of x we must make an equation.

Angles on a straight line add up to 180°.

  117 + x = 180

  x = 180 - 117

  x = 63°

Answer:

63

Step-by-step explanation:

63 is the answer

4 Choose the correct answer for the expression: 5 x 5 x 5 x 5 A 54 B. 53 C 52 D) 55​

Answers

Answer:

um I dont think any of those are right it should be 625

Step-by-step explanation:

sorry if those are the only answer choices then I do not know how to help

PLEASE HELP!

what is the distance between points A and B shown in the graph below?


choices:
A: square root of 2
B: square root of 98
C: 10
D: 14

Answers

The answer your looking for is A

Help please with this lol.

Answers

answer:

the value is $3.02

Answer:

$ 3:20

Step-by-step explanation:

also WHAT THE HECK THIS IS LIKE FIRST GRADE STUFF!!

WILL GIVE BRAINLIEST PLZZZ NEED HELP

Answers

Lines TY and SY :)))

write 4 1/3 as an inproper fraction

Answers

Answer:

4 1/3 as an improper fraction is 13/3

Answer:

13/3

Step-by-step explanation:

3*4+1=13

13/3

can someone explain how to do this?

Answers

Answer:

Don't know if there's some kind of a formula to solve this, but by just looking at the triangle we can see that the side c is the longest, so it would be 2, b is the shortest, so it would be the square root of 3 and 1 is left for a

Step-by-step explanation:

C is the longest side of the triangle 2

The ratio of chairs to tables in the conference room is 6 to 1. For every able, there are
there are 3 tables, there will be
chairs

Answers

ANSWER: 18

SOLUTION: if the ratio of chairs to tables is 6 to 1 and there are 3 tables in the room you just times 3 by six to get the amount of chairs.

The ratio of chairs to tables in the conference room is 6 to 1. For every table, there are 3 tables, then, the amount of chairs is 18.

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value.

The ratio of chairs to tables in the conference room is 6 to 1.

For every table, there are 3 tables,

if the ratio of chairs to tables is 6 : 1 and there are 3 tables in the room  

Then, the amount of chairs = 6 x 3

                                             = 18

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54 ft = ____ yd 9. 11 L ≈ ____ qt 10. 80 g = ____ kg

i need help with this

Answers

Answer:

54 ft = 18 yd 9. 11 L ≈ 11.6236 qt 10. 80 g = 0.08 kg

Step-by-step explanation:

I need help with this ​

Answers

Answer:

it looses 200 in value for the first year

Step-by-step explanation:

I am in middle school first year.I have no idea how to solve this but i hope it helps

PLEASE HELP
The graph shows two lines, A and B.

A graph is shown with x- and y-axes labeled from 0 to 6 at increments of 1. A straight line labeled A joins the ordered pair 2, 6 with the ordered pair 6, 2. Another straight line labeled B joins the ordered pair 0, 3 with the ordered pair 4.5, 6.


Part A: How many solutions does the pair of equations for lines A and B have? Explain your answer.


Part B: What is the solution to the equations of lines A and B? Explain your answer

Answers

Answer:

C(2, 2) is the solution to both lines A and B.

Step-by-step explanation:

Line A is given as:

A straight line labeled A joins the ordered pair 3, 0 and the ordered pair 0, 6.

We know that the equation of a line passing through (a,b) and (c,d) is calculated as:

Hence, the equation of line is:

Hence, equation of line A is:

Similarly B is a line passing through (0,0) and (5,5).

Hence, the equation of line B is:

So, from the graph we observe that, the point of intersection of the two lines is (2,2).

Thus, option C is correct.

A basketball player made 90 baskets (whole) in a season. Of these, 10% were three-point shots. How many three-point shots did the player make?

Answers

Answer:

9

Step-by-step explanation:

He made 9 three-point shots, 10% of 90 is 9.

Hope this helps!! :)

Calcula 2 números tales que la suma del primero más el triple del segundo sea 85 y la diferencia entre el cuadruple del primero y el doble del segundo sea 102...

Answers

Calcula dos números tales que la suma del primero mas el triple del segundo sea 85 y que la diferencia entre el cuádruple del primero y el doble del segundo sea 102

Sea el primer número = T
Sea el segundo número = U

Las ecuaciones según el enunciado son:
1) T + 3U = 85
2) 4T - 2U = 102

Resolvemos por el MÉTODO DE IGUALACIÓN.
-Despejamos T en las dos ecuaciones.
T + 3U = 85 4T - 2U = 102
T = 85 - 3U 4T = 102 + 2U
T = (85 - 3U)/1 T = (102 + 2U)/4

Igualamos las dos ecuaciones entre sí.
(85 - 3U)/1 = (102 + 2U)/4

Multiplicamos las ecuaciones en cruz.
4 (85 - 3u) = 1 (102 + 2U)
340 - 12U = 102 + 2U
- 12U - 2U = 102 - 340
- 14U = - 238
U = - 238/-14
U = 17

El valor de U lo reemplazamos en uno de los despeje de T para hallar el valor de la misma.
T = (85 - 3U)/1
T = (85 - 3 (17)/1
T = (85 - 51)/1
T = 34/1
T = 34

Rpt. Los números son: 34 y 17



COMPROBAMOS LA SOLUCIÓN.
T + 3U = 85
34 + 3 (17) = 85
34 + 51 = 85
85 = 85



4T - 2U = 102
4 (34) - 2 (17) = 102
136 - 34 = 102
102 = 102

LISTO!

Which lizard is growing at a constant rate?
A.Chuck
B.Betty
C.
Snapper
D.Rocky

Answers

Rocky, because after each year he grows 3cm, making it a constant rate/pattern
Your question answer is D (rocky )
Hope this help full to you !

what are some equations

Answers

Answer:

It requires of two equations

Step-by-step explanation:

example:

2x +7y = 12

The sales tax rate is 5.5%. Find the tax paid for a coat that costs $60.

Answers

60 x .055 = $3.3
the sales tax paid is 3 dollars and 3 cents

Answer:

3.3

Step-by-step explanation:

2. 20+(5 X � )+ 3
4. 2 X (6+ 2 + 8) -4
6. 21 + 3 + (8 -2 +2)

Answers

Answer:56.2  i think

20+(5 X � )+ 3

4. 2 X (6+ 2 + 8) -4

6. 21 + 3 + (8 -2 +2)

Step-by-step explanation:

2+(G+5) Please help lol

Answers

Answer:

g + 7 Please mark me brainliest :)

Step-by-step explanation:

Eliminate redundant parentheses

2 + (g + 5)

2 + g + 5

Add the numbers

2 + g  + 5

7 + g

Rearrange terms

7 + g

g + 7

Answer:

7+G

Step-by-step explanation:

2+(G+5)= 2+G+5= 7+G

can someone help i beg

Answers

Answer:0.45 L

Step-by-step explanation:

Given

The following equation shows the work of Dylan

[tex]\Rightarrow 1.65-0.2+x=1.9[/tex]

Solving it

[tex]\Rightarrow 1.45+x=1.9\\\\\text{Subtract 1.45 from both sides}\\\Rightarrow x=1.9-1.45=0.45[/tex]

Dylan adds 0.45 L of sparkling water

Please help..Thank you❤️

Answers

Answer:

answer b <3

Step-by-step explanation:

Answer: 48

Step-by-step explanation:

280*(17/100) = 47.6

Write your question here. We can't read your mind. Yet.

F51BDC3C-74B1-49AF-B91E...096B746.jpeg

Answers

what’s the question????????

the ratios of the sides of a triangle are 3:2:4. if the shortest side is 26cm, what is the length of the longest side?

Answers

Answer: 52

Divide 26/2 and you get 13, and then multiply 13 by 4. Think of it as a proportion.

solve and graph please, will give brainiest to first correct answer!

Answers

you should use photomath it is an app that can answer any equations and the answer will tell you where to mark it in the graph :) example: if the answer is 17.5 you would mark a dot between 17 and 18 !!

Answer:

5) r>-12 ⇒ r ∈ (-12 ; +∞)

6) x≥11 ⇒ x ∈ [11 ; +∞)

7) x>-20 ⇒ x ∈ (-20 ; +∞)

8) x>17 ⇒ x ∈ (17 ; +∞)

Step-by-step explanation:

cual es el rango en notación de intervalo?​

Answers

Answer:

huh .

Step-by-step explanation:

12,10,12,13,9,11,8 mean median and mode

Answers

Answer:

Mean: 10.7

Median: 11

Mode: 12

Hope you find this helpfull:)

20% of 20 is
50% of 40 is
125% of 100 is

Answers

Step-by-step explanation:

Answer is 20% of 20 is 4

Answer is 50%of 40 is 20

Answer is 125% of 100 is 125

I hope it's helpful!

what is the GCF? 5x^2+20x

Answers

Answer:

it's 5X

Step-by-step explanation:

GCF is the greatest common factor

Answer:

5x GCP

Step-by-step explanation:

What is the 3rd term of a geometric sequence with a common ratio of 1/3 and a first term of 90

Answers

See below hope it helps

Answer: 90,30,10

I need helppp pleaseeeeeeeeeeee

Answers

Answer:

what do you need help with        

Step-by-step explanation:

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