Approximately how much principal would need to be placed into an account earning 1.58% interest compounded monthly so that it has an accumulated value of $90,597 at the end of 25 years?

Answers

Answer 1

Answer:

The initial investment is $821.58

Step-by-step explanation:

Giving the following information:

Future Value (FV)= $90,597

Number of periods (n)= 25*12= 300

Interest rate (i)= 1.58% = 0.0158

To calculate the initial investment, we need to use the following present value (PV) formula:

PV= FV/(1+i)^n

PV= 90,597 / (1.0158^300)

PV= $821.58

The initial investment is $821.58


Related Questions

Brad had 10 crickets in his pet lizard’s cage. After one day, Brad’s lizard has eaten 20% of the crickets he had put in the cage. By the end of the next day, the lizard had eaten 25% of the remaining crickets. how many crickets were left in the cage at the end of the second day?

Answers

7.5 crickets left (I think)

20%=2

25%(of 2)=0.5

2+.5=2.5

10-2.5=7.5

Hope this helps:)

‼️Help please‼️
A tank full of water is leaking at a constant rate for 30 minutes. The equation y= -7x + 300 gives the amount of water in the tank, where y is the number of liters and x is the number of minutes since the tank began to leak. Which statement is true?

Answers

Answer: A

The answer should be A. you probably answered the questoion alr so sorry if you got it wrong

Step-by-step explanation:

it should be A because its not C and D, and B doesnt make sense because it never mentioned anything about 20 minutes.

Kain graphs the hyperbola (y+2)^2/64 − (x+5)^2/36 = 1 . How does he proceed? Drag a value, phrase, equation, or coordinates in the boxes to correctly complete the statements.

Answers

I just took the test

1st Box. (-5,-2)

2nd Box. up and down

3rd Box. 8

4th Box. (-5, 6), (-5,-10)

5th Box. 4/3

6th Box. y+2=+/-4/3(x+5)

Answer:

1st Box. (-5,-2)

2nd Box. up and down

3rd Box. 8

4th Box. (-5, 6), (-5,-10)

5th Box. 4/3

6th Box. y+2=+/-4/3(x+5)

are the correct choices. Here are screenshots for your convenience.

Step-by-step explanation:

3
V = 63 cm
Can someone please help with this?

Answers

Answer:

v=21cm

Step-by-step explanation:

v= 63/3

v= 21cm

[
1
Solve the equation.
y + 3 = y + 9
f
O y= 1
O y = 3
O y = 6
O y = 9

Answers

The third option Y=6

What is the value of x?

Enter your answer, as a decimal, in the box.

cm
Triangle M N P with segment A B parallel to segment N P and A is between M and N and B is between M and P. M N equals 46.2 centimeters, A N equals 14 centimeters, M P equals 72.6 centimeters, and M B equals x.

Answers

52.18cm I think is your answer

PLZ HELP! WILL MARK BRAINLIEST!! The graphs of linear functions f and g are shown on the graph. Which function is best represented by the graph of g?
A. g(x) =f(x)-4
B. g(x) = 1/3 f(x)
C. g(x) = f(x)-2
D. g(x)=3f(x)

Answers

Answer:

B

Step-by-step explanation:

f(x)=x (slope is 1, y-intercept is zero)

g(x) = (1/3)x (slope is (1/3), y-intercept is zero)

(1/3)x = (1/3)f(x)

Answer:

B

Step-by-step explanation:

as u notice the slop of f function is higher than g function so g(x) is approximately one third of function f and there are no shifts in g(×) so no need for sum of subtract .

What is 2x+8x=6? Please answer accurately???

Answers

Answer:

x = 3/5

Step-by-step explanation:

2x + 8x = 6

10x = 6

x = 3/5

2x+8x=6
10x=6
6/10=0.6 or 3/5



3/5 or .6

If your breakfast costs $12 and you are
charged 9% sales tax, what is the total
cost of your meal?

Answers

Answer:

find 9% of 12

12 times 9 divided by 100

108/100

$1.08

12+1.08

Your mean costs $13.08

-Have a nice meal!

The answer is $13.08 and here are the steps :)

Please walk me through how to solve this. I've already graphed it, just need to know how to solve. Thanks!

Graph ABCD with B(0,6), C(2,-5), and D(-8, -1),
then order the angle measures from least to
greatest.

Answers

Answer:

Get a protractor

Step-by-step explanation:

You should have a protractor if you're doing this type of work. Measure the angles with it, and than order them from least to greatest. If you dont have a protractor, ask your parents to get you one ASAP

The owner of a pet store sells 5 goldfish for $9 . What is the cost in dollars for one goldfish

Answers

Answer:

The answer is C.

Step-by-step explanation:

Took the lesson on edge 2021

What is 3/4 divided 5/16 in its simplest form?

Answers

Step-by-step explanation:

3/4÷5/16

3/4×16/5

=12/5(2 2/5)

(3/4) divided by (5/16) in its simplest form is 12/5.

To divide two fractions, you can multiply the first fraction by the reciprocal of the second fraction. The reciprocal of a fraction is obtained by flipping the numerator and the denominator.  So, to divide (3/4) by (5/16), you can multiply (3/4) by the reciprocal of (5/16):

(3/4) ÷ (5/16) = (3/4) * (16/5)

Now, multiply the numerators and denominators:

Numerator: 3 * 16 = 48

Denominator: 4 * 5 = 20

3/4) ÷ (5/16) = 48/20

To simplify this fraction, find the greatest common divisor (GCD) of the numerator and the denominator, and then divide both by the GCD:

GCD of 48 and 20 is 4.

(48/4) ÷ (20/4) = 12/5.

To know more about simplest form:

https://brainly.com/question/29775109

#SPJ2

In ARST, mZR = (5x + 15)", mZS = (6x + 8)°, and mZT = (4x + 7)º.
What is the value of x?

Answers

Answer:

10

Step-by-step explanation:

(5x + 15)° + (6x + 8)° + (4x + 7)° = 180°

15x + 30 = 180 ⇒ x = 10

Help please, thanks :)

Answers

Answer:

60°

Step-by-step explanation:

Angle 1 is a vertical angle to 60° by the definition of a vertical angle.

Answer:

∠1 = 60°

Step-by-step explanation:

brainliest answer to whoever verifies this correctly!!

Answers

Answer:

that looks right

Step-by-step explanation:

whats 10 divided by 489

Answers

Answer:

0.02044989775

Step-by-step explanation:

Someone, please help me with this problem, please

Answers

altérnate exterior
same side exterior
vertical angles
corresponding angles
alternate interior
same side interior
straight angles

write any algebraic eqaution.

Answers

Answer:

(y4x2 + 2xy – y)/(x – 1) = 12

Step-by-step explanation:

Answer:

x3 + 1

Step-by-step explanation:

what is the equation of a line that is parralel to 2x+3y=3 and passes through the point (3,-4)​

Answers

3y=-2x+3
y=-2/3x+b

When you want to find the point that a line travels through, you always want to ignore the b value. Two lines are parallel if they have EXACTLY the same slope. Y-intercept does not matter.

Plug in the x and y in the equation

-4=-2/3(3)+b
-4=-2+b
-2=b

Equation: y=-2/3x-2

Complete the steps to find the value of x.
2xº
1282

Answers

Answer: 64°

Explanation: We know this because 2x=128, so if you divide 128/2 you’ll find x which is 64!

Hope this helps :)
It would be 64. You can see the other angel is 128. And both angles are opposite angles. So divided both sides by 2, which gets 64. 64x2 is 128

hey there peeps! I usually don't ask for this much help but today I need it so...

3 1/5 x5/8

Answers

Answer:2

Step-by-step explanation: follow pemdas

I need help fast... if answered Correctly I will mark brainliest

Choose the ordered pair which is the solution to: -2x + 7y = 17 and 3x - 4y = -19.

O (0,17/7)
O (-1,-2)
O (-5,1)
O (-1,3)​

Answers

9514 1404 393

Answer:

  (-5,1)

Step-by-step explanation:

To eliminate x, multiply the first equation by 3 and add 2 times the second equation.

  3(-2x +7y) +2(3x -4y) = 3(17) +2(-19)

  -6x +21y +6x -8y = 51 -38

  13y = 13

  y = 1 . . . . . matches the third answer choice

  (x, y) = (-5, 1)

DO NOT GIVE ME THE ANSWER! Please just tell me how I can find the answer!

Answers

Answer:

9x$1.92

Step-by-step explanation:

HELP IMMEDIATELY!!
Type the correct answer in the box. Use numerals instead of words.
The graphs of functions f and g are shown.
Function g is defined as . What is the value of c?
The value of c is __.

Answers

Answer:

The value of c is 3

Step-by-step explanation:

Here, we want to get the value of c

From the question, we can select a single x-point

when x = 16

f(x) = 2

g(x) = -1

Thus;

g(16) = f(16) - c

-1 = 2 - c

c = 2 + 1

c = 3

Answer:

- 3

(got it right on edmentum)

but for your assurance so you can get this question right please make sure to look at the picture below↓

You buy 2.6 pounds of grapes for $1.40 per pound. You hand the cashier a $5 bill. How much change will you receive?

Answers

$1.40*2.6= $3.64

$5-$3.64=

Answer is $1.36

Leila and Jo are two of the partners in a business. Leila makes $3 in profits for every $4 that Jo makes. If Jo makes $60 profit on the first item they sell, how much profit does Leila make? pls help U_O​

Answers

Answer:

54

Step-by-step explanation:

hi

A crew of highway workers paved 1/3 mile in 1/4 hour. If they work at the same rate, how much will they pave in one hour?

Answers

Answer:

1 and 1/3 of a mile

Step-by-step explanation:

PLEASE MARK BRAINLIEST

The price of a video game was reduced from $60 to ​​​​​​​$45. By what percentage was the price of the video game reduced?
A.15%
B.25%
C.75%
D.40%

is it A?
im just not really good at math and I don't have much time left for the test im taking so PLEASE HELP!

Answers

Answer:

B. 25%

Step-by-step explanation:

You turn the 25% into a decimal so it would be .25 then you multiply by 60. After that you subtract the answer you have by 60.

someone do this plz ill pay u when im rich

Answers

Answer:

11307.19 rounded and exact is 11307.1875

Step-by-step explanation:

Answer:

Use a calculator but your answer is 11307.1875

Step-by-step explanation:

0.242296875 is what you get when the brackets are solved now multiply and divide.

848.039062 is what you get when multiplied and 11307.1875 is what you get when you divide.

What is the answer for A B and X (geometry)

Answers

Answer:

a=8

b=5

x=13

Step-by-step explanation:

Use Pythagoras's Theorem to find A

h²=y²+z²

10²=a²+6²

100=a²+36

∴a²=64

∴a=8

Use Pythagoras's Theorem to find A

h²=y²+z²

9²=b²+6²

81=b²+36

∴b²=45

∴b=3√5

x=a+b

=8+3√5

Answer:

a = 8

b = ∛5

x = 8 + ∛5

Step-by-step explanation:

I think here we have to do pythagorean theorem a² + b² = c² or c =√a² + b²

Now just plug in the numbers for 9, 6 and b

6² + b² = 9²

36 + b² = 81

b² = 45

b = 6.70820....

b = ∛5

∛5 = 6.70820..

Now plug in 6, 10, a

a² + 6² = 10²

a² + 36 = 100 (subtract 36 on both sides)

a² = 64

√64 = 8

a = 8

NOW X

8 + √45 = 14.708203

8 + ∛5 = 14.708203

x = 8 + ∛5

Hope this helps ya!!!

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