Jim wants to save money to open a tutoring center. He buys an annuity with a quarterly payment of 56$ that pays 3.7 interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 9 years.

Answers

Answer 1

Answer:

$78.01

Step-by-step explanation:

solve the equation 56(1+.037÷4)^4×9

ends up being 56(1.00925)^36

56(1.3930133899)

=78.0087

Answer 2

The total value of the annuity in 9 years is: $78.00

We have the following information available from the question is:

He buys an annuity with a quarterly payment of $56 that pays 3.7 interest, compounded quarterly.

Payments will be made at the end of each quarter.

We have to find the total value of the annuity in 9 years.

Now, According to the question:

The total value of the annuity in 9 years :

The equation will be :

[tex]= > 56(1+ \frac{3.7}{4} )^4^(^9^)[/tex]

=>56(1.3930)

=$78.00

Learn more about Compound interest at:

https://brainly.com/question/22621039

#SPJ2


Related Questions

Which expression is equivalent to 1/3 y?
1/3(y+12)-12
1/6y+1/3(y+3)
1/6y+1/6(y+12)-2
1/3y+1/3(6-y)

Answers

Answer:

The answer is 1/6y+1/6(y+12)-2

Step-by-step explanation:

I used a math calculator.

Answer:

1/3y+1/3(6-y)

4x +y = 8
2x - 3y = 4
There is no solution.
® There are infinitely many solutions.
© There is exactly one solution at (2,0).
There is exactly one solution at (0,2).
Pick a statement that describes the solution correctly

Answers

Hello! Your answer will be the second provided answer.

See attachment below for explanation...

Charles drove three times as far as Emily. Altogether they drove 112 miles. What was the number of miles driven by Charles?

Answers

Answer: Charles drove 84 miles

Step-by-step explanation:

(c)harles = 3 x (e)mily

e + c = 112

Since Charles is 3x Emily, we can plug in 3e instead of c

e + 3e = 112

4e = 112

e = 112/4

e = 28

Emily drove 28 miles, and Charles drove 3x that, so Charles drove

28 x 3 = 84

Charles drove 84 miles.

The actual distance between Singapore and Jakarta is 1000 km. On a particular map. 1 cm on
the map represents 200 km on the ground. What length on the map represents the distance
between the two cities?
5 cm
10 cm
15 cm

Answers

Answer:

5cm

Step-by-step explanation:

From the questions;

1cm represents 200km on the map

If the length of distance between the cities is 1000km, the distnce on the map will be say x;

x cm = 1000 km

Divide both equations;

1/x = 200/1000

Cross multiply;

200x = 1 * 1000

200x = 1000

x = 1000/2000

x = 5cm

Hence the length on the map that represents the distance between the two cities is 5cm

Equations and Inequalities
pls help

Answers

Answer: B=5

Step-by-step explanation:

if you plug 5 in for B, the equations equal to each other

6(5)-2=5(5)+3

30-2=25+3

28=28

NOW plug in each number to show the work (even though we already know it’s 5)

2= f/8 f= solve the equation

Answers

2= f/8
F is being divided by eight , when moving across equal sign the sign is opposite.
2 x 8 = f
16=f

There are four activities on the critical path. Coincidentally, their standard deviations are all equal to 4. The standard deviation of the critical path is therefore equal to:

Answers

Answer:

the standard deviation of the critical path is 8

Step-by-step explanation:

The computation of the standard deviation of the critical path is shown below:

As we know that

Variance = Standard deviation^2

Now the variance of the critical path is

= Variance 1 + variance 2 + variance 3 + variance 4

= 4^2 + 4^2 + 4^2 + 4^2

= 64

Now the standard deviation would be

= √64

= 8

hence, the standard deviation of the critical path is 8

Which is the correct answer?​

Answers

Answer:

c is the correct answer

C is the correct one

Find the derivation of y=sin (2x2 + 3x-4)<br />a. -cos (4x +3) b. -(6x2+3) cos (2x3+3x-4) c. Cos (2x3+3x-4)<br />d. (6x3+3) cos (2x3+3)<br />​

Answers

Let y = f(x)

f(x) = sin x

g(x) = (2x^2 + 3x - 4)

Use the chain rule.

We want y' = f' (g(x)) • g'(x).

y' = cos(2x^2 + 3x - 4) • (4x + 3)

Done.

which is greater 0.25 or 0.04

Answers

Answer:

0.25

Step-by-step explanation:

ez

Answer:

.25

Step-by-step explanation:

if the fourth term of an ap is 1 and sum of it first right term is 18 find the tenth term​

Answers

What is cause I have no clue

A company’s equipment manager buys $7,000 worth of equipment. This equipment depreciates 19% each year. The manager can replace the equipment after its value falls below $500. After how many years can the manager first replace the equipment?

Answers

Answer:

13 (c)

Step-by-step explanation:

Graph the equation 7000(1-0.19)^x and then the inequality y<500, the point of intersection should be 12.524, so the answer will be rounded up to 13 i think

Answer:

13

Step-by-step explanation:

1. 3x - 5< 19
3x - 5+<19+
38 <
3x :
x<

Answers

Answer:

Love you

Step-by-step explanation:

PLEASE HELP!

Find the measure of

Answers

Answer:

85

Step-by-step explanation:

if ur adding 5 on that side then you would have to subtract on the other.

What polygons have at least 4 sides?

Answers

Answer:

rectangles, squares, diamonds, rhombuses, and trapezoids

Step-by-step explanation:

Your Welcome

Answer:  quadralaterals, pentagons, hexagons, heptagons, occtagons, nonagons, decagons, hendecagon, dodecagon, and so on.

Step-by-step explanation:

help and hurryyy plzz

Answers

help with what i don’t see a pic

PLease helppppp (15 points)
Let f(x)=e2x. If g(x) is the graph of f(x) shifted right 3 units, down 2 units, and then reflected over the x-axis, what is the function for g(x)
A. g(x)=−(e2(x+3)−2)

B. g(x)=−(e2(x−3)+2)

C.g(x)=−(e2(x−3)−2)

D. g(x)=e2(−x−3)−2

Answers

D is the answer your looking for

Help :) Round to the nearest 10ths

Answers

Answer:

A=0.6

Step-by-step explanation:

Answer:

0.6 is your answer

Step-by-step explanation:

the tenths place is the 1st number after the decimal which would be 5 and you would want to round that up to 6 because the number after it is iver 5 (closer to 10 than it is 1)

hope this helps:) have a good day:)

Describe the correlation if r = -0.45.

Answers

negative, weak, linear, and if there are outliers, include them

If f(x) = 4x² - 6x + 3, find f(a - 4).

Answers

∫f(x)dx=43x3−3x2+7x+Cf(x)=4x2−6x+7∫f(x)dx=∫(4x2−6x+7)dx=4⋅∫x2dx−6⋅∫xdx+7⋅∫1dx=4x33−6x22+7x11+C=43x3−3x2+7x+C

Write the equation of the line that passes through the given points.
(0,-5) and (3,3)
The equation of the line is
(Simplify your answer. Type your answer in slope-intercept form. Use in

Answers

[tex]\displaystyle\\Answer:\ y=\frac{8}{3}x-5[/tex]

Step-by-step explanation:

(0,-5)      (3,3)

Equation of a straight line:

[tex]\displaystyle\\\frac{x-x_1}{x_2-x_1} =\frac{y-y_1}{y_2-y_1} \\\\x_1=0\ \ \ \ x_2=3\ \ \ \ y_1=-5\ \ \ \ y_2=3\\\\Hence,\\\\\frac{x-0}{3-0} =\frac{y-(-5)}{3-(-5)}\\\\\frac{x}{3} =\frac{y+5}{3+5} \\\\\frac{x}{3} =\frac{y+5}{8} \\[/tex]

Multiply both parts of the equation by 24:

[tex](8)(x)=(3)(y+5)\\8x=(3)(y)+(3)(5)\\8x=3y+15\\8x-15=3y+15-15\\8x-15=3y[/tex]

Divide both parts of the equation by 3:

[tex]\displaystyle\\\frac{8}{3}x-5=y[/tex]

What is the solution to the system of equations below?
y= 1/2x+6 and y=-3/4x-4
(-8, 2)
(-8,-1)
(8, 10)
(8.-10)

Answers

Answer:

A(-8, 2)

Step-by-step explanation

Answer: A

Step-by-step explanation: (-8, 2)

ASAPPP HELP PLZZ I DONT UNDERSTAND​

Answers

Answer:

1/5 = 3/15

2/3 = 10/15

When all Added up

= 13/15

Step-by-step explanation:

So our LCD here is 15.

So in order to go from 5 to 15, we multiply by 3, and In order to go from 3 to 15, we multiply by 5. What we do to the denominator we also do to the numerator.

So,

[tex]\frac{1}{5} x \frac{3}{3} = \frac{3}{15}[/tex]

And,

[tex]\frac{2}{3} x \frac{5}{5} = \frac{10}{15}[/tex]

So there you go, multiply for what you need to get to the LCD, and what is done to the numerator is also done to the denominator. Enjoy

*If this Helped I'd Also Appreciate 5* and a ♥ Thanks!*

Mitch works at Comedy Cinema's concession stand. He has
helped 16 customers so far today. Find the cost of each person's
purchase and write it in the table. Then solve the riddle by writing
the letter of each answer in its matching blank.

Answers

Answer:

Step-by-step explanation:

Students use algebra to solve equations (of the form px + q = r and p(x + q) = r where p, q, and r are specific rational numbers); using techniques of making zero (adding the additive inverse) and making one (multiplying by the multiplicative inverse) to solve for the variable.

Students identify and compare the sequence of operations used to find the solution to an equation algebraically, with the sequence of operations used to solve the equation with tape diagrams. They recognize the steps as being the same.

Students solve equations for the value of the variable using inverse operations; by making zero (adding the additive inverse) and making one (multiplying by the multiplicative inverse).

if x,4x+3 and 7x+3 are geometric sequence. find the value of x
please help me​

Answers

Answer:

x =  [tex]\frac{-6}{7+\sqrt{13}}[/tex]

r =  [tex]\frac{1+\sqrt{13} }{2}[/tex]

Step-by-step explanation:

In mathematics, a geometric progression, also known as a geometric sequence, is a sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-one number called the common ratio.

For example, the sequence 2, 6, 18, 54, ... is a geometric progression with common ratio 3. Similarly 10, 5, 2.5, 1.25, ... is a geometric sequence with common ratio 1/2.

-----

Let's take r=ratio of the geometric sequence

in first term, x is multiplied by  [tex]r^{0}[/tex]

First term:                   x [tex]r^{0}[/tex]

Second term: 4x+3 = x [tex]r^{1}[/tex]

Third term:     7x+3 = x [tex]r^{2}[/tex]

From the last 2 equation, we have to obtain r and x values.

Second equation - First equation:

3x = x r (r - 1)

Let's state: x different from 0, so we can simplify x, obtaining:

3 = [tex]r^{2}[/tex] - r

0 = [tex]r^{2}[/tex] - r - 3

r =  [tex]\frac{1+\sqrt{13} }{2}[/tex]  (only the positive value of r counts)

so, going to second term of the sequence:

4x+3 = x [tex]r^{1}[/tex] => x (4 - [tex]\frac{1+\sqrt{13} }{2}[/tex] ) = -3

x ([tex]\frac{7+\sqrt{13} }{2}[/tex] ) = -3  =>  x =  [tex]\frac{-6}{7+\sqrt{13}}[/tex]

hope it helps..

The length of a rectangle is 12 inches more than its width. The perimeter is 280 inches. Find the length and the width of the rectangle.

Answers

use the equation p=2l+2w and sub everything in to get 280=2l+2(l+12).
distribute the 2 for 280=2l+2l+24.
add/subtract like terms over, leaving you with 256=4l.
divide the 4 from 256, resulting in l=64.
since w=l+12, add 12 to 64 to find that w=76.
basically, l=64 and w=76.
hope this helps!

Answer:

width = 64 inches

lenght = 76 inches

Step-by-step explanation:

2(x + 12) + 2x = 280

2x + 24 + 2x = 280

4x = 280 - 24

4x = 256

x = 256/4

x = 64

Evaluate the expression w ^2 - v + 1 for w = -2 and v = -8.

Answers

Answer:

13

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Step-by-step explanation:

Step 1: Define

w² - v + 1

w = -2

v = -8

Step 2: Evaluate

Substitute:                   (-2)² - (-8) + 1Exponents:                  4 - (-8) + 1Multiply:                       4 + 8 + 1Add:                             12 + 1Add:                             13

Answer:

the answer is 13

Step-by-step explanation:

how might it be possible for the black people and white people to die at approximately the same age, but for the median age for the white people to be higher

Answers

Answer:

Step-by-step explanation:

because we are weaker

How do you solve this equation step-by-step? (below)


-2 (x - 3) = 16

Answers

Answer:

-2 (x -3 ) = 16 (use the distributive property)

-2x +6 = 16 (subtract 6 from both sides)

-2x = 10 (divide both side by -2)

x= -5

an electrician cuts a 27 ft piece of wire into two pieces. one piece is 23 ft longer than the other. how long's are the pieces? ​

Answers

Answer:

Step-by-step explanation:

27-23=4

4 divided by 2=2 so

1   piece is 2ft and one piece is 25 ft

23+2ft=25 ft + 2ft =27 ft

Other Questions
special educators design to keep a potential or minor problem from becoming a disability. Which statement best explains why the compound H2O is not toxic to drink, but H202 is toxic to drink? Can someone help me please, anyone?!!! The Appalachian mountains are: a The grand border of the United States b Where I live, duh c A place where nothing happens d The place where they signed the Declaration of Independence I need help asap!!!!! a sailboat moves faster as the wind pick up this is an example Of? which of these is an example of a macroeconomic topic? please choose the correct answer from the following choices, and then select the submit answer button. answer choices decreased demand for typewriters causes the average income of typewriter repairmen to fall. increased demand for engineers causes the salaries of engineers to rise. during a recession, glenn works fewer hours and subsequently spends less on eating out. increased economic growth causes the average income of workers to rise. arises when a businessperson takes advantage of a situation for his or her own personal interest rather than for the employer's interest. Do you agree more with Sigmund Freud's or Carl Jung's theory of personality development? Why? the downstream effects of teacher well-being programs: improvements in teachers' stress, cognition and well-being benefit their students pdf Injuries/Symptoms/Treatment (Chapter 4)-20 points1. Chronic injuries-2. Types of chronic injuries3. Golf and tennis elbow-4. Shin splints-5. Acute injuries-6. Soft tissue injury-7. Hard tissue injury-8. Open injury-9. Closed injury-10. Cuts-11. Abrasions-12. Blisters-13. Chafing-14. Bruise-15. Strain-16. Sprain-17. Dislocation-18. Bone fracture-19.R.L.C.E.-20. Unconsciousness-21. Concussion-22. Dehydration-23. Hypothermia-24. which of the following is NOT true about secondary sources?A. They are usually easy for resesrchers to find and use.B. They can explain the information found in primary sources.C. They are more accurate than primary sources.D. They usually provide the advantage of being written by experts and can help you with your understanding of a topic. explain how (if at all) each of the following events affects the location of a countrys production possibilities curve: a. the quality of education increases: (click to select) . b. the number of unemployed workers increases: (click to select) . c. a new technique improves the efficiency of extracting copper from ore: (click to select) . d. a devastating earthquake destroys numerous production facilities: (click to select) . I NEED HELP PLSWe all have different perspectives and opinions. For this discussion, you will read the prompt and decide if you agree or disagree. In a short paragraph, you will state your opinion and then support your point with the following:researched facts or statistics (include the source)information from the readings in this classspecific experiences or knowledge that you haveYour response may start with something similar to this: In my opinion, I agree with this statement. I feel/believe that _[blank]_. To support my perspective, _[blank]_. Or In my opinion, I disagree with this statement. I feel/believe _[blank]_. To support my perspective, _[blank]_.Prompt:In The Gift of the Magi the author concludes the story by stating this:But in a last word to the wise of these days let it be said that of all who give gifts these two were the wisest. Of all who give and receive gifts, such as they are wisest. Everywhere they are the wisest. They are the magi. on her desk.Susan has a box for paperclipsThe box is 6 centimeters long, 3 centimeterswide, and 2 centimeters high. What is thevolume of the box? Interview ten adults about their knowledge on risky behaviours and situations specifically on alcohol.Use the questions below as a possible guide to help you.Do you know what risky behaviours and situations are?Are you aware of drugs abuse happening in your community?Do you know the laws that protect citizens from drugs abuse?Is the government doing enough to ensure that drugs abuse happening in our country is stopped?Do you know Department/Organisation that would approach if one has a problem of drugs abuse? how do u solve subtraction of number bases Try itMatch each excerpt from Hamlet to the type of figurative language it exemplifies."But break, my heart""the morn.../ Walks o'er the dew of yonhigh eastern hill""if, like a crab, you could go backward""A dream itself is but a shadow".Intrometaphorapostrophepersonificationsimile Ill give points + brainalist!! melissa's child was born with an extra chromosome, resulting in down syndrome. this is an example of: When a wave encounters an obstacle or a slit that is comparable in size to its wavelength, it bends around it. This characteristic is called ________.