How much money do you need to invest at 2.8% compounded daily in order to have $25,500 at the end of 8 years?​

Answers

Answer 1

Answer:

$20,382.71

Step-by-step explanation:

We have the following equation for compounding interest

[tex]FV=PV(1+\frac{i}{n})^{(n*t)}\\\\25500=x(1+\frac{.028}{365})^{365*8}\\25500=1.251x\\20382.711[/tex]


Related Questions

Ed buys a box of eggs costing £2.80, two packs of bacon for £2.40 each and two tins of baked beans. He pays with a £10 note and gets 80p change. How much does a tin of beans cost in pounds, £?

Answers

Answer:

£0.8

Step-by-step explanation:

egg = 2.80

Bacon = 2 * 2.40 = 4.80

Baked beans = 2 tins

Amount issued = 10

Change obtained = 80p = 0.8

Let cost per baked beans = x

Hence,

2.80 + 4.80 + 2x = 10 - 0.8

7.60 + 2x = 9.20

2x = 9.20 - 7.60

2x = 1.6

x = 1.6 / 2

x = 0.8

Hence, a tin of baked beans cost £0.8

Answer:

£0.80

Step-by-step explanation:

egg = 2.80

Bacon = 2 * 2.40 = 4.80

Baked beans = 2 tins

Amount issued = 10

Change obtained = 80p = 0.8

Let cost per baked beans = x

lol

2.80 + 4.80 + 2x = 10 - 0.8

7.60 + 2x = 9.20

2x = 9.20 - 7.60

2x = 1.6

x = 1.60 / 2

x = 0.80

YES WE GOT IT, a tin of baked beans cost £0.80

-6 + (-2) + 5= ?

Help would really be appreciated!! :)

Answers

Answer:

-3

Step-by-step explanation:

Answer:

-6 + (-2) + 5 = -3

(Hope this helps! Btw, I am the first to answer. Brainliest pls! :D)

Number 13 Find the measures of angles 1, 2, and 3.

Answers

Answer:

1. 37

2. 26

3. 26

Step-by-step explanation:

Subtracting 63 from 180, you find the linear pair, being 117 which helps find an angle in the lower triangle. The sum of all angles is 180, and to find 2, you subtract the known angles ( 180-(37+117)) which equals 26. Knowing the shape is a parallelogram, and the opposite sides are parallel, we can say 2 and 3 are congruent through the alternate interior angles theorem. 1 is found through applying the same theorem.

Find the slope Bb bnbn

Answers

Answer:

don't understand

Step-by-step explanation:

Answer:

???? is there more information?

The diameter of a circle is 12 miles. What is the circle's circumference? Use 3.14 for ​.

Answers

Answer:

should be 37.68 miles

Step-by-step explanation:

12 x 3.14

Multiply row 2 by the reciprocal of −40:



4−1−4
0−400
001
−7
40
3





4−1−4
0
0
001
−7
3

Answers

Answer:

first answer is 1 second is negative -1 answer for edge 2021

Step-by-step explanation:

correct

Answer:

the first one is 1 , -1

the second one is 4, 0 , -4 , -8

Step-by-step explanation:

i just did it

Juan bought a laptop for $650 and a power adapter for $59. If the sales tax rate is 6%,
what was the total tax that Juan paid?

Answers

Answer:

$42.54

Step-by-step explanation:

total spent- 709

6/100*709= 42.54

if my answe helps please mark as brainliest.

$42.54 thats the answerrrrr

Fwam answered 142 questions correctly on his multiple choice science final that had
a total of 200 problems. What percentage of questions did Fwam answer correctly on
the final exam?

Answers

Answer:

71%

Step-by-step explanation:

Percentage Chart

X is what percent of 200?142 is71% of 200143.26 is71.63% of 200144.64 is72.32% of 200146.02 is73.01% of 200

HELP MATH HELP MATH math is hard pls help me and give workings too thank you so much

Answers

Answer:

For the first question the answer is 50(0.2 + 1)^2 = 72

For the second question it is y = 32

Step-by-step explanation:

In case you need to see how i got it...it's below

For number 1, y is proportional to (x + 1)^2

The equation would be y(x +1)^2 = k(the constant). Then I substituted numbers you gave me in the equation which was : 50(0.2 + 1)^2 = k(72)

For number 2 I used this equation: y (x + 1)^2 = 72. I substituted x for 0.5. The equation will be: y(0.5 + 1)^2 = 72. Then I got 32 for y.

Hope this helps:)

Answer:

For the first question the answer is 50(0.2 + 1)^2 = 72

For the second question it is y = 32

Step-by-step explanation:

In case you need to see how i got it...it's below

For number 1, y is proportional to (x + 1)^2

The equation would be y(x +1)^2 = k(the constant). Then I substituted numbers you gave me in the equation which was : 50(0.2 + 1)^2 = k(72)

For number 2 I used this equation: y (x + 1)^2 = 72. I substituted x for 0.5. The equation will be: y(0.5 + 1)^2 = 72. Then I got 32 for y.

Hope this helps:)

Step-by-step explanation:

Each serving for a box of trail mix is 3/8 of a cup.

Enter the number of 3/8 -cup servings there are in 1 1/2 cups of trail mix.

Answers

Answer:

It's 4

Step-by-step explanation:

It asks how many 3/8 cups are in 1 1/2 cups. So, we divide.

1 1/2 ÷ 3/8. We have to change the 1 1/2 into a improper fraction. 1 1/2 = 3/2. 3/2 ÷ 3/8 = 3/2 ÷ 8/3 = 24/6. Simplify, and you get 4. :)

Put these numbers in order from least to greatest.

-10/20, 7 3/30, 0.2

Answers

-10/20, 0.2, 7 3/30

in order from least to greatest

The sum of 1 and a number divided by 7 is 66

Answers

461+1=462

462÷7=66

Your answer is 461

Answer:

461

Step-by-step explanation:

Work backwards.

7 X 66=462

462-1=461

So 461 is the answer

Which point on the number line represents -4

Answers

Answer:

A

Step-by-step explanation:

pls thank

5 star

brainliesrt

Point A. Each line is going backwards and forwards by one, so if you count the lines going backwards, Point A is -4

Someone pleaseee help meeeee :( ???? On this.

Answers

Answer:

A. 9

Step-by-step explanation:

To solve slope with points, use the equation: [tex]\frac{y_{2} - y_{1} }{x_{2} - x_{1} }[/tex]. In this case it would be: [tex]\frac{7 - (-2) }{-6- (-7) }[/tex]. 7 - -2 is also 7 + 2 or 9. -6 - - 7 is also -6 + 7 or 1. So the final fraction is [tex]\frac{9}{1}[/tex] or 9.

Hope it helps!

how do you simplify 1/10 ​

Answers

Answer:

0.1

Step-by-step explanation:

[tex]10\sqrt{1} \\10\sqrt{1.0} \\=0.1[/tex]

solve the equation. check your solution.
5/10=7
6=t/5
3a=12
42=7k

HELP ASAP PLEASE

Answers

Where is the equation?

Help please!
Thank you

Answers

Answer:

G

Step-by-step explanation:

Red marble probably currently: 12/32 = 3/8

Guess and check (using the multiple choice answers):

F: 12 + 13 / 32 + 13 = 25/45 = 5/6; does not equal 3/5

G: 12 + 18 / 32 + 18 = 30/50 = 3/5; does equal 3/5

H: 12 + 28 / 32 + 28 = 40/60 = 2/3; does not equal 3/5

J: 12 + 32 / 32 + 32 = 44/64 = 11/16; does not equal 3/5

K: 12 + 40 / 32 + 40 = 52/72 = 13/18; does not equal 3/5

a pencil costs 16p and a rubber costs 23p. bob purchases 18 pencils and 12 rubbers. Calculate how much he spends

Answers

Answer:

564p

Step-by-step explanation:

I hope this helps you.

GEOMETRY The sum of the measures of the angles of a trapezoid is 360 degrees. Find the missing measure

Answers

Answer:

70

Step-by-step explanation:

Add them all first

100+110+80=290

Then subtract

360-290

Cuanto da la siguiente operación matemática : 5√225 ?

Answers

the answer is 75 .....

Answer:

75

Step-by-step explanation:

in the scale drawing what will the length of the West side be? ​

Answers

28 or 8 depending on which part of the drawing you’re referring to

each load of laundry cost 6 quarters at the laundromat indepentdent and dependent varible which is dependent and independent?

Answers

independent is the number of loads

dependent is the total cost

Which relationship describe angles 1 and 2

Vertical angles
Adjacent angles
Supplementary angles
Complementary angles

Answers

They are supplementary angles. They are located on a straight line, and when added together they will add up to 180 degrees.

figure out the questions do all give brainliest

Answers

a)10 hats
c) 1hr
d)2 pieces of pizza
d)3 rows

what's the slope in intercept form pls help me

Answers

Answer:

y=1x+1

Step-by-step explanation:

6 = 2 (y + 2) what is the value of the y​

Answers

Answer:

Step-by-step explanation:

6=2(y+2)

6=2y+4

2=2y

y=1

Answer:

1

Step-by-step explanation:

1+2=3

2(3)= 2x3=6

There ya go

8) what is the first operation you should perform to solve this-

Answers

Answer:

Subtract 12

Step-by-step explanation:

Start by subtracting 12

Then multiply both sides by -5

There are 63 color pencils of which 14 are black, 21 are white and the remaining are yellow.
What fraction of the pencils are yellow in color? Simplify your answer.

Answers

Answer:

4/9

Step-by-step explanation:

7/25
i think :)
kenddnnfnccnnccnnfnddk

-3x + y = -14
x= -2y + 14
Which variable should an expression be substitute for?

Answers

9514 1404 393

Answer:

  x

Step-by-step explanation:

There is already an expression given for x, so that is the easiest variable to substitute for.

Substituting for x using the second equation, you have ...

  -3(-2y+14) +y = -14

  6y -42 +y = -14

  7y = 28

  y = 4

  x = -2(4) +14 = 6

The solution is (x, y) = (6, 4).

_____

Substitution for x is the easiest.

__

The first equation could be rearranged to give an expression for y:

  y = 3x -14

Then that can be used to substitute for y in the second equation. My lazy brain judges that to be more work.

Which ratios form a proportion?
4/10 and 10/25
3/5 and 9/25
4/11 and 6/13
4/9 and 9/4​

Answers

Answer:

4/10 and 10/25 ok

3/5 and 9/25 not ok

4/11 and 6/13 not ok

4/9 and 9/4​ not ok

Step-by-step explanation:

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