Answer:
c ≤ -14/17
Step-by-step explanation:
-32c+12 ≤-66c-16
-32c+12-12 ≤-66c-12-12
-32c ≤-66c-28
-32c+66c ≤-66c-28 +66c
34c ≤-28
34c/34 ≤-28/34
Answer:
Hey guys! I got it wrong from the other answer so here is the actual one:
c≤= -14/17
Good luck everyone! :)
Answer:
First down payment is 25 % of purchase price
Second down payment is 45% of purchase price.
Step-by-step explanation:
Purchase price = $150,000
First down payment is $37,500
Percentage = 37500/150000
0.25 * 100 = 25%
Second down payment is $67,500
Percentage = 67500/150000
0.45 * 100 = 45%
Answer:
have $500 at the end of the year?
A. $507.89
B. $480.40
C. $518.92
D. $492.31
To have $500 at the end of the year with a 4% APR compounded monthly, you would need to invest approximately $480.40 as a lump sum.
To find the amount of money needed to invest as a lump sum in order to have $500 at the end of the year with an approximate 4% APR compounded monthly, we can use the formula for compound interest:
A = P(1 + r/n)nt
Where:
A = final amount ($500)
P = initial investment (unknown)
r = annual interest rate (4% or 0.04)
n = number of times interest is compounded per year (12)
t = number of years (1)
Plugging the given values into the formula, we can solve for P:
P = A / ((1 + r/n)nt)
P = $500 / ((1 + 0.04/12)12*1)
P ≈ $480.40
Therefore, you would need to invest approximately $480.40 as a lump sum to have $500 at the end of the year.
#SPJ2
Answer: 480.40
Step-by-step explanation:
We can use the formula for compound interest to calculate how much money we will need to invest as a lump sum to have $500 at the end of the year.
FV = PV x (1 + r/n)^(nt)
FV = future value
PV = present value
r = interest rate
n = number of times compounded per year
t = time in years
We know that FV = $500, r = 4% or 0.04, n = 12 (since it is compounded monthly), and t = 1. We can plug in these values to solve for PV.
$500 = PV x (1 + 0.04/12)^(12 x 1)
$500 = PV x (1.003333)^12
$500 = PV x 1.0406
PV = $500 / 1.0406
PV = $480.40
Therefore, we will need to invest $480.40 as a lump sum to have $500 at the end of the year. So, the correct option is B. $480.40.