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pashok25 [27]
2 years ago
9

Determine an interest rate less than 15%, a period of investment greater than two years, and a regular payment that will result

in the total amount of interest you earn being equal to the total amount of money you put in?
Mathematics
1 answer:
Alborosie2 years ago
7 0
13%, 5 years, 2500 could most likely maybe be the answer a question
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A bank account earned 3.5% continuously compounded annual interest. After the initial deposit, no deposits or withdrawals were m
aalyn [17]

This question is incomplete. Below is the complete question:

A bank account earned 3.5% continuously compounded annual interest. After the initial deposit, no deposits or withdrawals were made. At the end of an 8 year period, the balance in the account was $13231.30. what is the amount of the initial deposit?

Answer: The initial deposit is $10,001

Step-by-step explanation:

To solve this we need to utilize the continuous compounding interest formula:-

Fv = Pv × e^(i × t)

Where, Fv = the future value

Pv = present value

i = the interest rate

t = the time in years

e = a mathematical constant that is usually approximated by 2.7183

In this case, the Fv = 13,231.30

i = 3.5% or 0.035

t = 8 years

e = 2.7183

Pv = ? (The unknown variable).

13,231.30 = Pv × [2.7183^(0.035 × 8)]

13,231.30 = Pv × [2.7183^(0.28)]

13,231.30 = Pv × 1.323

Pv = 13,231.30/1.323

Pv = $10000.98

= $10,001

Therefore the initial deposit is $10,001

8 0
2 years ago
Darius and Barb are playing a video game in which the higher score wins the game. Their scores are shown below. Darius’s scores:
Bumek [7]

Answer:

Darius is correct if only the median score is considered.

Step-by-step explanation:

Darius scores are; 96, 54,120, 87, 123

arrange the scores in increasing order;

54,87,96,120,123

mean = (54+87+96+120+123)/5 =480/5 =96

median =96

Barb's scores are  92,94,96,98,110

mean=(92,94,96,98,110)/5 =490/5=98

median score=96

⇒if the median score only is considered; then it is a tie because the score is 96 in both players.

8 0
2 years ago
Read 2 more answers
The price of a train ticket consists of an initial fee plus a constant fee per stop.
babymother [125]
I really want to help but I don’t know the answer, sorry
6 0
2 years ago
Read 2 more answers
In 2001, a total of 15,555 homicide deaths occurred among males and 4,753 homicide deaths occurred among females. The estimated
deff fn [24]

Answer:

a. 11

b. 3

c. homicide mortality rate

d. 11:3

Step-by-step explanation:

a.) If 15,555 homicide cases were recorded among males of 139,813,000 population, then in every 100,000 males, the number of homicides cases will become:

= [15,555/139,813,000] * 100,000

= 11.13 aproximately 11 homicide cases in every 100,000 males.

b.) If 4,753 homicide cases were recorded among Females of 144,984,000 population, then in every 100,000 Females, the number of homicides cases will become:

= [4753/144,984,000] * 100,000

= 3.28 approximately 3 homicide cases in every 100,000 females

C.) Homicide-mortality rate

d.) ratio of male to female homicide rate = 11 : 3

e.) What those rates means is that in every 100,000

Males in 2001, 11 of them were Victims of homicide and in every 100,000 females, 3 of them are victims of homicide.

6 0
2 years ago
Karson drove from his house to work at an average speed of 35 miles per hour.  The drive took him 20 minutes.  If the drive took
Nastasia [14]

Answer:

Karson's average speed on his way home was 28 miles per hour.

Step-by-step explanation:

Since Karson drove from his house to work at an average speed of 35 miles per hour, and the drive took him 20 minutes, if the drive took him 25 minutes and he used the same route in reverse, to determine what was his average speed going home, the following calculation must be performed:

60 = 35

20 = X

20 x 35/60 = X

700/60 = X

11.666 = X

25 = 11,666

60 = X

60 x 11.666 / 25 = X

27.99 = X

Therefore, Karson's average speed on his way home was 28 miles per hour.

3 0
2 years ago
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