1. Becky won $108,000 by coming in first place at a chess tournament, and she has the option of receiving 4 quarterly payments of $27,000, with the first payment in 3 months, or 1 lump-sum payment of $108,000 occurring in 12 months. Once she receives her money, she plans on putting it in a savings account paying simple interest at an annual interest rate of 8.8% calculated quarterly. Becky's financial adviser told her that she'll "lose" money if she takes the lump-sum payment, and Becky wants to calculate how much she’ll "lose". HELP !! I don’t understand ! please show work
Answers
Answer:
Step-by-step explanation:
From the information being provided;
We learnt that Becky pays simple interest at an annual interest rate of 8.8% which is calculated quarterly.
i.e.
Since the first payment of $27,000 happened in the first three months, therefore, Becky will be able to have the money in the bank for 3 quarters prior to the lump-sum payment gets started.
Thus, the estimate of the amount Becky would earn as interest during this period of time is as follows:
I = $1,782
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2 possibilties:
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2) a central symetry( center is (-1.5,-6)
parabolas does not have the same direction upward and downward.
By what percentage has the company increased in value? Round the percentage to one decimal place.
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The value of the company has increased by 304k dollars.
What is a numerical expression?
A numerical expression is written in form of numbers and their operations.
Numerical expression can be formed from a given statement also.
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Read more about numerical expression at:
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When you need to divide one fraction by another one,
here's what you do:
-- Flip the second fraction over.
-- Then multiply them.
================================
2/9 divided by 5/12 = 2/9 times 12/5
When you multiply fractions, you multiply the numerators to get the numerator,
and multiply denominators to get the denominator.
2/9 times 12/5 = (2 times 12) / (9 times 5) = 24/45 = 8/15
2/9*12/5= (12*2=24) (5*9=45) So what do we have? 24/45 :) And for simplest form... you can see it is not equal :) Hope that isn't too long!
x = -2 & a = -5
answer and enjoy the points :D
Answers
Answer:59
Step-by-step explanation: