How much money should be invested every year with 4% interest per year in order to save up $26,000 in 18 years?
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Answer:
$15116.28
Step-by-step explanation:
Given data:
interest rate, r= 4%
time, t= 18 years
Final investment, A= $26000
Principle investment, P=?
As per the formula of interest
A= P (1+rt)
Putting the values:
26000= P(1+ 0.04(18))
P= 26000/(1+ 0.04(18))
P= 15116.28 !
Related Questions
~~~15 POINTS~~~Please help me with this question.
The table displays the distribution of blood types A, B, AB, and O to the presence of the Rh factor that is either present (Pos.) or absent (Neg.). A 6-column table has 3 rows. The first column has entries negative, positive, total. The second column is labeled A with entries .07, .33, .40. The third column is labeled B with entries .02, .09, .11. The fourth column is labeled AB with entries .01, .03, .04. The fifth column is labeled O with entries .08, .37, .45. The sixth column is labeled Total with entries .18, .82, 1.0. Use the information in the two-way table to complete the statement. The probability that a person has a positive Rh factor given that he/she has type O blood is percent. There is a greater probability for a person to have a than a person to have a positive Rh factor given type O blood
your friend offers to pay you $10 plus $2 per day if you will watch his dog while he’s on vacation. Ant hot her friend offers you $15 plus $1 per day to watch her dog during the same time. You cannot do both jobs. Tell which job you would choose and explain why.
Write A real world problem that can be solved by the equation y + 8 = 20.Then solve your problem.
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Answer:
D
Step-by-step explanation:
Answers
Answer:
OR = √65
Step-by-step explanation:
M and N are the midpoints of their respective sides, so O is the centroid of the triangle. That means ...
ON = QN/3 = 12/3 = 4
By the Pythagorean theorem, ...
OR² = NR² +ON²
OR² = 7² +4² = 65
OR = √65
Using the Pythagorean theorem, we can find the value of OR as √65 or approximately 8.06 .
In the given figure, we can use the Pythagorean theorem to find the value of OR.
The Pythagorean theorem is a formula that relates the lengths of the sides of a right triangle, which states that the square of the hypotenuse (the side opposite the right angle) is equal to the sum of the squares of the other two sides.
This can be seen as c² = a² + b².
M and N are the midpoints of their respective sides, so O is the centroid of the triangle.
Given that QN is perpendicular to PR,ON = QN/3 = 12/3 = 4.
The value of ON =4, and the value of NR = PR/2
NR = 14/2(Because the N is midpoint for PR)
NR =7
By the Pythagorean theorem:-
OR² = NR² +ON²
OR² = 7² +4² = 65
OR = 8.06
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Solve for x. Thanks Sooooo MUCH!! :-)
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The inverse operations for subtraction is addition.
y - 10 = 32
32 + 10 = 42
So, y = 42 BUT lets check our work.
42 - 10 = 32.
So y = 42.
First, we have to make the variable (y) equal something. To do that, we have to do everything on one side of the problem. We can first start off by adding 10 to each side. This will make the variable equal the unknown answer.
Second, we can now add 32 + 10. Once adding that, you will have the answer to the unknown variable. 32 + 10 = 42.
Answer:
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Final answer:
The equation to find the value of R depends on the context. For resistors in series, the equation is R = R₁ + R₂ + R₃ + ..., while for parallel it is 1/R = 1/R₁+1/R₂ + 1/R₃ +.... In power calculations, the equation R = V²/P can be used.
Explanation:
To find the value of R, we can use various mathematical formulas depending on the context. For instance, in the context of circuits, the total equivalent resistance (R) of resistors in series is given by the equation R = R₁ + R₂ + R₃ + .... While for resistors in parallel, the equation is 1/R = 1/R₁+1/R₂ + 1/R₃ +....
In terms of power, the equation P = V²/R can be rearranged to R = V²/P to find the value of R. In case of calculations involving thermal resistance, the equations can be more complex and might require the use of other variables.
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Answers
10:4=5:2
The ratio decreases to 5:2
Hoped this helped.
~Bob Ross®
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6 x 3 = 18
18