Suppose a young couple deposits $1000 at the end of each quarter in an account that earns 7.6%, compounded quarterly, for a period of 8 years. After the 8 years, they start a family and find they can contribute only $200 per quarter. If they leave the money from the first 8 years in the account and continue to contribute $200 at the end of each quarter for the next 19 years, how much will they have in the account (to help with their child’s college expenses)?

Answers

Answer 1

If they leave the money from the first 8 years in the account and continue to contribute $200 at the end of each quarter for the next 19 years, the future value in the account to help with their child's college is $215,293.42.

How the future value is computed?

The future value for this investment is computed in two separate solutions.

We have used an online finance calculator to facilitate the process.

The future value denotes the present deposits compounded at an interest rate.

Initial Deposits:

N (# of periods) = 32 quarters (8 years x 4)

I/Y (Interest per year) = 7.6%

PV (Present Value) = $0

PMT (Periodic Deposit) = $1,000

Results:

FV = $43,489.87

Sum of all periodic payments = $32,000.00

Total Interest = $11,489.87

Subsequent Deposits:

N (# of periods) = 76 quarters (19 years x 4)

I/Y (Interest per year) = 7.6%

PV (Present Value) = $43,489.87

PMT (Periodic Payment) = $200

Results:

Future Value (FV) = $215,293.42

Sum of all periodic payments = $15,200 ($200 x 76 quarters)

Total Interest = $156,603.55

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Related Questions

What is XZ to the nearest tenth?

7
51°
77

Answers

77 is right answer !!

Round the number to the given place value.
In a town in California, the average consumption of soft drinks per day per elementary school
student is 15.766 ounces. Round this value to the nearest tenth.

Answers

The answer is 15.8 (Tenths are 1 decimals)

PLS HELP ASAP!!!!! WILL GIVE 30 POINTS TO WHOEVER ANSWERS CORRECTLY

Describe a sequence of transformations that maps Figure A to Figure B.

Answers

Answer:

Reflection across the Y axis and you would have to translate figure a down by some units. I dont know the units because i cant see the grid/graph so this is the farthest I can tell you

Step-by-step explanation:

Hope this helps :)

Can you please help me What is 2/3 x 1/2

Answers

Answer:

2/6 lol

Step-by-step explanation:

hope this helps :3

2/6 hopefully this helps :)

What are the exact values of a and b ?

CORRECT ANSWER

PROVIDE EXPLANATION

Answers

Answer:

b

Step-by-step explanation:

i think i say c because a is 30 degrees and c is 90 the whole triange needs to be 180 so b would be 60 also you see one side is 10 the other side also known as b is also 10 they have to be the same length and a is five because half of 10 is 5

27. If A=7-4w + 5v + 10wv and B = 7w + 3wv-12, find A + B, A-B and B-A.​

Answers

Answer:

A+B = 7-4w+5v +10wv + 7w +3wv - 12

=3w +5v +13wv-5

A-B= 7 - 4w +5v +10wv - (7w +3wv - 12)

=7 - 4w +5v +10wv - 7w - 3wv + 12

=19 - 11w +5v +7wv

B-A =7w +3wv - 12-(7 - 4w +5v +10wv)

=7w +3wv - 12 - 7 + 4w - 5v - 10wv

=11w - 7wv - 19 - 5v

what is the domain of y=2(x+1)-(3x-2)​

Answers

Answer:

Domain is all real numbers (basically any number)

Step-by-step explanation:

Step 1: Simplify the expression first

y = 2(x+1)-(3x-2)

y = 2x + 2 -3x + 2

y = -x + 4

Step 2: Observe the graph

y = -x + 4 is simply a linear graph with a negative fixed gradient of -1, with a y-intercept of 4.

Step 3: Identify the domain

For linear graphs, domain is all real numbers.

(No restrictions on the graph according to question)

GOOD MORNING PEOPLE :) CAN SOMEONE PLEASE HELP ME WITH THIS MATH QUESTION PLEASE ASAP:)






NO LINKS!!!!!

Answers

Answer:

B

Step-by-step explanation:

it's actually NOT b, if you do the math
correctly you should choose A

HELP PLS

I’m rly confused

Answers

bro use a photo math...................

Find the volume of a cone with a base radius of 3in and a height of 11in. Use the value 3.14 for π, and do not do anu rounding. Be Sure to include the correct unit in your answer.

Answers

Solution:

So the formula to find the volume of a cone is,

[tex]V = \pi r^{2} \frac{h}{3}[/tex]

Given,

Base of the cone is 3 inchesHeight of the cone is given as 11 inches

To Find : The Volume of the cone

Applying the values we get,

[tex]V = 3.14X(3)^{2} X \frac{11}{3}[/tex]

[tex]V = 28.26X\frac{11}{3}[/tex]

[tex]V = 103.62in^{3}[/tex]

Hence , the volume of the cone is 103.62in³

can somebody help me with this one question i’m stuck on?? ;^(

Answers

Answer:

The answer is 2.27mm

Step-by-step explanation:

One fifth of the animals at the shelter are stray cats. If there are 13 stray cats at the shelter, how many animals are there in total?

Answers

Answer:

1/5 x X = 13

x5           x5

x = 65 in total

Find the length of the model in the picture!!!Then find the scale factor.The length of an actual bird is shown on the picture.

Answers

We calculated length of model bird in the picture = 2 ¹⁵₁₆ inch and scale factor =1/2

what is scale factor?

It is expressed as the ratio of the dimension of a model object and dimension of an actual object.

A scale factor is a number which is multiplied by an object in order to form a proportional enlarged or reduced object.

What is the length of the model in the picture?

Given, the length of an actual bird = 5⁷₈ inch = 47/8 inch

also given, 1 inch = 0.5 inch

   1 inch = 1/2 inch

we need to determine the length of model bird by multiplying the above factor.

now, length of model bird = 47/8 × 0.5 inch = 47/16 inch = 2¹⁵₁₆ inch

scale factor = length of model bird/ length of actual bird = 47/16 /47/8

scale factor = 1/2

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Could somebody please help it’s due in a couple of minutes, and please no links

Answers

Answer:

no solution

Step-by-step explanation:

A farmer has 240 acres to plant. He needs to decide how many acres of corn to plant and how many of oats. He can make $40 per acre profit for corn and $30 per acre for oats. However, the corn takes 2 hours of labor per acre to harvest and the oats only take 1 hour per acre. He only has 320 hours of labor he can invest. To maximize his profit, how many acres of each should he plan

Answers

Answer:

The acres of each the farmer must plant to obtain the maximum profit is:

160 acres of oat.80 acres of corn.

Step-by-step explanation:

First, we're gonna take the data of the exercise:

Area: 240 acres.Profit of the corn: $40/acreProfit of the oat: $30/acreTime spent by corn: 2 hour per acre.Time spent by oat: 1 hour per acre.Total working time available: 320 hours.

Now, we're gonna suppose that all the area could be planted with corn (the most profitable), in this form, we obtain the highest profit to take this how reference:

Total profit with corn = area * profit of the cornTotal profit with corn = 240 acres * $40/acreTotal profit with corn = $9600

How you can see, $9600 is the highest profit that the farmer can obtain, but, as each acre of corn needs 2 hours, the farmer would need 480 hours of labor to plant all the area with corn, with the 320 hours availables, the farmer just could plant 160 acres of corn, therefore, the real profit would be:

Total profit with corn = 160 * $40Total profit with corn = $6400

Now, we're gonna make the same exercise but with the oats, to obtain the total profit with this:

Total profit with oat = area * profit of the oatTotal profit with oat = 240 acres * $30/acreTotal profit with oat = $7200

Taking into account the hours of labor availables, the oat gives $800 more profit than the corn, but in that case we'd lose 80 hours of labor that could be used to make a better profit, but, as the oat per hour of labor is more profitable, we're gonna use 2/3 of the area to plant oat and 1/3 to plant corn:

Area used for oat = 240 acres * 2/3Area used for oat = 160 acresArea used for corn = 240 acres * 1/3Area used for corn = 80 acres

How you can see, with 160 acres of oat, the farmer would need 160 hours of labor and, with 80 acres of corn, the farmer would need 160 hours of labor too, by this, we know all the available time will be used, now, we're gonna calculate the profit in each case:

Real profit with oat = used area * profit of the oatReal profit with oat = 160 acres * $30/acreReal profit with oat = $4800Real profit with corn = 80 acres * $40/acreReal profit with corn = $3200

The total profit to the farmer with this plan is:

Total profit = Corn profit + Oat profitTotal profit = $3200 + $4800Total profit = $8000

The profit with the given plan is $8000, that is better than the profit only with oat or corn separately and, this is the maximum profit the farmer can make.

1.2y^2 + 8.9 + 6y - 8.6 - 4y + y^2

whats the answer?

Answers

Answer:
3(y^2 + 1) + 2(y+4)

Step-by-step explanation:

2y^2 + 8.9 + 6y - 8.6 - 4y + y^2
= 2y^2 + y^2 + 6y - 4y + 8.9 - 8.6
= 3y^2 + 2y + 8(9-6)
= 3y^2 + 2y + 24
= 3y^2 + 2y + 3.2.2.2
= 3(y^2 + 1) + 2(y+4)

For what values of k are the graphs of 8y=4x+3 and 4y=k(x+5) parallel? perpendicular?

parallel k= __
perpendicular k= __

Answers

The values of k for parallel and perpendicular in the equations 8y=4x+3 and 4y=k(x+5) are 7/12 and 1/21, respectively.

what is slope ?

A line's slope determines how steep it is. A mathematical expression for the gradient is called "gradient overflow" (the change in y divided by the change in x). The slope is the ratio of the vertical change (rise) between two points to the horizontal change (run) between those same two points. When a straight line's equation is written as y = mx + b, the slope-intercept form of an equation is used to represent it. The y-intercept is located at a point where the line's slope is m, b is b, and (0, b). For instance, the slope of the equation y = 3x - 7 and the y-intercept (0, 7).

given

for parallel their slope will be equal

y1= 1x/2 + 3/8 .... eq1

y2= kx/4 + 5k/4  ..... eq2

y1 = y2

1x/2 + 3/8 = kx/4 + 5k/4

1/2 + 3/8 = k/4 + 5k/4

7/8 = 6k/4

k = 7/12

for perpendicular product of their slope is 1

y1 * y2 = 1

1x/2 + 3/8 * kx/4 + 5k/4 = 1

1/2 + 3/8 * k/4 + 5k/4 = 1

k = 1/21

so The values of k for parallel and perpendicular in the equations 8y=4x+3 and 4y=k(x+5) are 7/12 and 1/21, respectively.

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help it’s due today and i haven’t done it since wensday

Answers

Answer:

135

Step-by-step explanation:

:)

Answer:

When you convert them both you get 135

Please help me!

Please!

Answers

Answer:

27

Step-by-step explanation:

9/1/3=9*3=27

Answer:

D. 27

Step-by-step explanation:

This is a simple division

[tex]9[/tex] ÷ [tex]\frac{1}{3}[/tex] =

[tex]\frac{9}{1}[/tex] ÷ [tex]\frac{1}{3}[/tex] =

Cross multiply

[tex]1[/tex] × [tex]1 = 1[/tex]

[tex]9[/tex] × [tex]3 = 27[/tex]

Set it up

[tex]\frac{27}{1}[/tex]

Then, the model represents 27

Find the volume.
Pls NO links

Answers

The answer is 13.33

Explanation: V=lwh/3
Volume of a pyramid

A pyramid is a three-dimensional figure with a polygon base and triangular lateral face.

There are two ways of finding the volume of a pyramid.

1. [tex]\large\tt V =\frac{lwh}{3}[/tex]

[tex]\tt V=\frac{lwh}{3}[/tex][tex]\tt V=\frac{(4in)(2in)(5in)}{3}[/tex][tex]\tt V=\frac{40in}{3}[/tex][tex]\tt V={13.33^3}[/tex]

Therefore, the volume of a pyramid is 13.33in³

2. [tex]\large\tt V = \frac{Bh}{3}[/tex]

Where [tex]\longrightarrow\tt B = l \times w[/tex]

[tex]\longrightarrow\tt B = 4in \times 2in[/tex]

[tex]\longrightarrow\tt B = {8in^2}[/tex]

[tex]\tt V = \frac{Bh}{3}[/tex][tex]\tt V = \frac{4in^2 \times 5in}{3}[/tex][tex]\tt V = \frac{40in}{3}[/tex][tex]\tt V = {13.33^3}[/tex]

Therefore, the volume of a pyramid is 13.33in³

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Two triangles are shown.


Complete the statement to prove that triangle
ABD is similar to triangle ECD. Fill in the blank
to complete the statement.

∠ ABD and ∠ ECD are _____
and angle ___________ is shared by both triangles,
therefore the figures are __________
by ________ __________ __________

Answers

On solving the provided question, we can say that - the given triangles ECD and triangle PQR

What is triangle?

Three sides and three vertices make up a triangle, which is a polygon. It is among the fundamental forms in geometry. Triangle ABC is the name given to a triangle with vertices A, B, and C. When the three points are not collinear, a unique plane and triangle in Euclidean geometry are found. A triangle is a polygon that has three sides and three corners. The spots where the three sides join end to end make up the triangle's corners. Three triangle angles added together equal 180 degrees.

here,

EC = PQ

CD = PR

ED = QR

therefore both triangles are similar by SSS property

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how to horizontally stretch a cubic fucnction

Answers

Answer:

Steps for How to Transform the Graph of a Cubic Function

Step 1: The standard form of a cubic function is y=a(x−h)3+k y = a ( x − h ) 3 + k , where a indicates a stretch or a shrink, h indicates a vertical shift, and k indicates a horizontal shift.

Step-by-step explanation:

reduce the fraction 3×15×24 /16×20×6 no links or files​

Answers

Answer:

1 38888888889/50000000000

Step-by-step explanation:

The answer to the first part equation is 1080 ( 3*15*24). The answer to the second question ( 16*20*6) is 1920. Then you divide 1920/ 1080= 1 38888888889/50000000000

HELLPPPP ASAP PLEASE I NEED HELP WHOEVER GETS FIRST GETS BRAINLIEST AND 100 coinss

Answers

This is a simple cross multiplication problem! Any time you're given a ratio and then the actual quantity of something, you can use cross multiplication to figure out the quantity of the other thing!

We know that the ratio of toads to frogmen is 7 : 2. We also know there were 98 actual toads. Therefore we can set up our equations!

[tex]ratio_{toads}=ratio_{frogmen}\\actual_{toads}=actual_{frogmen}\\\\7=2\\98 = x\\\\7x=196\\x=28[/tex]

The first two equations above everything is how you would have everything set up! The second equations under them are the numbers plugged in, and the rest is just simplification.

So, your final answer should be 28 frogmen!

Help


Fjfjdjfjdjdjdjdjjfjfjfhfjd

Answers

Answer:

A. 69°

Step-by-step explanation:

Given:

m<FED = 179°

m<NED = 19x - 4

m<FEN = 12x - 3

Required:

m<FEN

Solution:

m<NED + m<FEN = m<FED (angle addition postulate)

19x - 4 + 12x - 3 = 179 (substitution)

Add like terms

31x - 7 = 179

31x - 7 + 7 = 179 + 7

31x = 186

31x/31 = 186/31

x = 6

✔️m<FEN = 12x - 3

Plug in the value of x

m<FEN = 12(6) - 3 = 72 - 3

m<FEN = 69°

3. At practice the team wants to know how fast Ryan can skate. He skates 10 laps around the
rink in 3 minutes and, later on in practice he skates 5 laps in 1 minute. What was his
average speed in laps per minute?

Answers

The average speed in laps per minute of Ryan is 2.5 laps per minute

How to determine the average speed in laps per minute?

From the question, we have the following parameters that can be used in our computation:

He skates 10 laps around the rink in 3 minutes In practice he skates 5 laps in 1 minute

The above can be expressed as

(x, y) = (1, 5) and (3, 10)

The average speed in laps per minute can be calculated using the following slope equation

Slope = (y₂ - y₁)/(x₂ - x₁)

Rewrite as

Average speed = (y₂ - y₁)/(x₂ - x₁)

Where

(x, y) = (1, 5) and (3, 10)

Substitute the known values in the above equation

So, we have the following equation

Average speed = (10 - 5)/(3 - 1)

Evaluate

Average speed = 2.5

Hence, the average speed is 2.5

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The two-way table shows the number of students in a class who play basketball and/or football.

What is the missing number in the table?

A) 2
B) 10
C) 34
D) 46


will mark BRAINLIEST*​

Answers

the answer would be a
B. 10

40 - 30 = 10
Or
16 - 6 = 10

A raffle for 4 prizes is taking place. each person had to purchase a ticket to enter the raffle. If Lebron bought 4 tickets, Kobe 6 tickets, Jordan 7 and Diana Taurasi 7.
Round answer to the nearest thousandths (3 decimal places)


A). If the ticket gets put back into the raffle after each selections, what is the probability that Kobe wins the first prize and Dianna wins the second?

B) If each ticket can only be used once what is the probability that Kenton win first two prizes

C) What is the probability that Oberon wins first prize, Kobe the second, Jordan the 3rd and Diana the 4th, without replacement?

Answers

Raffles are chance-based contests in which participants compete to win exciting prizes.

How does a raffle work?

To participate, all you need is a ticket with a number on it. Following the sale of all tickets, a drawing is conducted during which a random selection of tickets is made. If you chance to have the winning ticket, congratulations! a lot of engagement.

Raffles elicit a great deal of interest and support because people enjoy playing games of chance, especially when they have the possibility to win a significant prize.

high income. Your organisation has a strong possibility of making some big money from ticket sales if engagement is high!

low price. A virtual free raffle can be found online! A virtual raffle is the most cost-effective type of fundraising because you won't need to print actual tickets, reserve a location for the drawing, or buy refreshments.

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Evaluate x−25 when x=35.

Answers

Answer: 5

Step-by-step explanation:

1. Since you are told x=35. Plug it into x.

35-25

2. Simplify

35-25=5

Answer: 10

Step-by-step explanation:

x-25

substitute 35 for x

35-25 = 10

lil help here please​

Answers

30 is the answer here

Answer:

j=30

Step-by-step explanation:

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