Answer:
a. $55,390.29
b. $61,412.20
Step-by-step explanation:
a. To find the present value of your windfall, each value must be brought back to the present year at a rate of 3.5% per year. The present value is:
The present value of your windfall is $55,390.29.
b. To find the future value of your windfall at the date of the last payment, simply compound the preset value amount obtained on the previous item for three years at a rate of 3.5%:
The future value of your windfall is $61,412.20.
The present value and future value of an investment are calculated using formulas that account for the interest rate and the period. The present value is calculated by dividing each year's payout by the increment of the interest rate for that year and summing these values. The future value in this scenario would be the sum of the payouts.
This question deals with the financial concepts of present value and future value in relation to an investment payout structure over time.
a. The present value is a measure of the current worth of a future sum of money given a specified rate of return. The formula to calculate present value is PV = CF / (1 + r)^n, where CF is cash flow, r is interest rate and n is the period. To calculate the present value of your windfall:
Add all these present values together to get the total present value.
b. The future value is how much an investment is worth at a certain time in the future. The formula to calculate future value is FV = CF * (1 + r)^n. But in this case since the last cash flow coincides with the period, the future value in three years would simply be the sum of all cash flows which is $60,000 ($10,000+$20,000+$30,000).
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The curve representing the relationship includes the point
The growth factor is
An earthquake with an energy level of has a magnitude of
The equation 'M = 0.6666 log x - 3.2' describes the relationship between the energy produced by an earthquake (x) and its resulting magnitude (M). The 0.6666 in the formula is the growth factor. To get a magnitude for a specific energy level, we plug the energy value into the formula, and solve.
The equation given represents the relationship between the magnitude of an earthquake (M) and the energy it produces (x), with M being the earthquake's magnitude and x being the energy produced by the earthquake. This equation is a logarithmic model with a base of 10 (without the base explicitly stated, we assume it to be 10).
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Answer:
Step-by-step explanation:
Answer:
6.
Step-by-step explanation:
The number corresponds with how many letters there are in a word. In this case, banana has 6 letters.
Answer:
The answer is 6
Step-by-step explanation:
They are counting the nuber of letters in the word apple has 5, orange has 6, and strawberry has 10. Banana has 6 B-A-N-A-N-A.
9514 1404 393
Answer:
(1/120 mile/min)(60 min/h)(3 h)
1.5 mile
the increase in depth after 3 hours
Step-by-step explanation:
The rate is given in terms of miles per minute. To find the elevation after 3 hours, we need a conversion from minutes to hours. One possible product is ...
(1/120 mile/min)(60 min/h)(3 h)
The value of this product is ...
(1·60·3)/(120·1·1) mile = 1.5 mile
The value represents the increase in depth after 3 hours.
The product of three rational numbers is 1.5, which represents the change in the submarine's elevation after 3 hours.
To represent the change in the submarine's elevation after 3 hours, we need to find the product of the descent rate per minute and the total number of minutes in 3 hours. The descent rate per minute is 1/120 mile, and there are 60 minutes in an hour. So, the product is:
(1/120) * (60 * 3)
Simplifying the expression:
(1/120) * 180 = 1.5
The value of the product, 1.5, represents the total change in the submarine's elevation after 3 hours. Since the submarine is descending, the elevation decreases by 1.5 miles.
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The given system of inequalities is expressed as
The first step is to change the inequality symbols to that of 'equal to" and plot the straight line graph for each equation.
For the first equation, the line on the graph would be solid because the symbol is "greater than or equal to"
For the second equation, the line would be broken because the inequality symbol does not have an "=" symbol
The graph is shown below
Write an equation to model the number of dollars Susan has saved, y, after x days.
Answer:
Susan start with 12 dollars
Equation to model the number of dollars Susan has saved, y, after x days :
Step-by-step explanation:
Given : She added the dollars she saved to the amount with which she started. At the end of day 2, Susan had a total of 20 dollars saved. At the end of day 5, she had a total of 32 dollars saved.
To Find: How many dollars does Susan start with? Show or explain your work. Write an equation to model the number of dollars Susan has saved, y, after x days.
Solution :
Since At the end of day 2, Susan had a total of 20 dollars saved.
⇒
At the end of day 5, she had a total of 32 dollars saved.
⇒
So, using two point slope from find the equation of line
x denotes days
y denotes dollars she saved
--a
Thus the equation to model the number of dollars Susan has saved, y, after x days :
Now to calculate How many dollars does Susan start with?
Put x = 0 in equation a
So,Susan start with 12 dollars