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Nat2105 [25]
2 years ago
13

Jessica deposits $5,000 at the end of each year in an account earning 2.45% interest, compounded annually. What is the future va

lue of this annuity after 5 years of investing?
Do I need to use the ordinary annuity formula or the annuity due formula to solve this?

Mathematics
1 answer:
denpristay [2]2 years ago
8 0
Hi there
If the amount deposited at (end) of each year, use the formula of the (future/present) value of annuity ordinary

If the amount deposited at the (beginning) of each year use the formula of the (future/present) value of annuity due

So
FvAo=5,000×(((1+0.0245)^(5)−1)
÷(0.0245))
=26,255.38...answer

Hope it helps

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Sarah kicked a ball in the air. The function
Aleksandr-060686 [28]

Answer: The ball hits the ground at 5 s

Step-by-step explanation:

The question seems incomplete and there is not enough data. However, we can work with the following function to understand this problem:

f=30 t- 6t^{2} (1)

Where f models the height of the ball in meters and t the time.

Now, let's find the time t when the ball Sara kicked hits the ground (this is when f=0 m):

0=30 t- 6t^{2} (2)

Rearranging the equation:

6t^{2}-30 t=0 (3)

Dividing both sides of the equation by 6:

t^{2}-5 t=0 (4)

This quadratic equation can be written in the form at^{2}+bt+c=0, and can be solved with the following formula:  

t=\frac{-b \pm \sqrt{b^{2}-4ac}}{2a} (5)  

Where:  

a=1  

b=-5  

c=0  

Substituting the known values:  

t=\frac{-(-5) \pm \sqrt{(-5)^{2}-4(1)(0)}}{2(1)} (6)  

Solving we have the following result:

t=5 s  This means the ball hit the ground 5 seconds after it was kicked by Sara.

6 0
1 year ago
walnut grower estimates from past records that if 20 trees are planted per acre, then each tree will average 60 pounds of nuts p
laila [671]

Answer:

5 trees should be planted to maximize the yield per acre,

The maximum yield would be 1250

Step-by-step explanation:

Given,

The original number of trees per acre = 20,

Average pounds of nuts by a tree = 60,

Let x be the times of increment in number of trees,

So, the new number of trees planted per acre = 20 + x

∵ for each additional tree planted per acre, the average yield per tree drops 2 pounds,

So, the new number of pounds of nut = (60 - 2x)

Thus, the total yield per acre,

Y(x) = (20+x)(60-2x)

Differentiating with respect to t ( time ),

Y'(x) = (20+x)(-2) + 60 - 2x = -40 - 2x + 60 - 2x = 20 - 4x

Again differentiating with respect to t,

Y''(x) = -4

For maxima or minima,

Y'(x) = 0

⇒ 20 - 4x = 0

⇒ 20 = 4x

⇒ x = 5,

For x = 5, Y''(x) = negative,

Hence, Y(x) is maximum for x = 5,

And, maximum value of Y(x) = (20+5)(60 - 10) = 25(50) = 1250,

i.e. 5 trees should be planted to maximize the yield per acre,

and the maximum yield would be 1250 pounds

4 0
1 year ago
A cube has side length a. The side lengths are decreased to 50% of their original size. Write an expression in simplest form for
vaieri [72.5K]

Answer:

  V = a³/8

Step-by-step explanation:

The volume of the original cube is the cube of the side length:

  V = a³

When the side length is reduced to half its former value, the new volume is ...

  V = (a/2)³ = a³/2³

  V = a³/8 . . . . volume of the new cube

6 0
2 years ago
Helpmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
alexandr402 [8]

Answer:

  B.  1.2×10^-3 mm

Step-by-step explanation:

What constitutes an "appropriate" unit depends on the use of the number. Since we're not told of any particular use, we might choose the smallest of the available units: mm.

  1.2×10^-3 mm

_____

<em>Additional comment</em>

The most appropriate unit would be the one that eliminates the power-of-ten multiplier:

  = 1.2 µm

6 0
2 years ago
Jamie and owen joined a monthly walking challenge at their youth center. jamie has already walked 120 minutes and plans to walk
sertanlavr [38]
Y=20x+120
y=30x

30x=20x+120
30x-20x=120
10x=120
x=12 days

y=30x
y=30(12)
y=360 minutes
3 0
1 year ago
Read 2 more answers
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