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USPshnik [31]
2 years ago
4

Jerry starts to save at age 35 for a vacation home that he wants to buy for his 50th birthday. He will contribute $300 each mont

h to an account, which earns 1.7% interest, compounded annually. What is the future value of this investment, rounded to the nearest dollar, when Jerry is ready to purchase the vacation home? Answers: $61,960 $60,924 $5,077 $5,163 This is the only question I couldn't figure out , I just need help with it please. Thanks
Mathematics
1 answer:
KonstantinChe [14]2 years ago
7 0
Here we shall use the future annuity formula
FV of annuity= P{[(1+r)^n-1]/r}
monthly contribution is $300
yearly contribution will be 300*12=$3600
hence P=$3600
r=1.7%=0.017
t=n=50-35=15 years
Therefore:
FV of annuity=3600{[(1+0.017)^15-1]/0.017}
=$60924.45
Hence the answer is $60924
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The staff at a company went from 40 to 29 employees. what is the percent decrease in staff
topjm [15]
Number of employees outside of company=40-29=11

we can calculate the percent decrease in staff by the rule of 3

40 employees-----------------100%
11 employees----------------   x

x=(11 employees*100%) / 40 employees=27.5%

The percent decrease in staff was: 27.5%
5 0
2 years ago
When Θ = 5 pi over 6, what are the reference angle and the sign values for sine, cosine, and tangent?
stira [4]
Note that (5π)/6 radians = 150°. Therefore the given angle is in quadrant 2.

Refer to the figure shown below.

Reference angles are measured relative to the horizontal axis.
Therefore the reference angle in each quadrant is π/6 radians or 30°.
Denote the reference angle as θ'.
Then, in quadrant 1,
cos θ' = √3/2,  sin θ' = 1/2,  tan θ' = √3.

Because we are in quadrant 2,
  sin θ' = π/6;
  sin(5π/6) is positive, but cos (5π/6) and tan (5π/6) are negative.

 Answer:
5π/6 is in quadrant 2.
The reference angle, θ' = π/6.
sin(5π/6) is positive, cosine and tangent are negative.

3 0
2 years ago
Read 2 more answers
Alan says that two lines in the coordinate plane are perpendicular if and only if the slopes of the lines are m and 1m. Identify
mart [117]

Answer:

First, two lines are perpendicular if one has slope m, and the other has slope -1/m (Not 1m as Alan says)

That is the first error of Alan.

Now, there is another error.

If m = 0, then -1/m tends to minus infinity (in this case we would have a vertical line).

But we can not really divide by zero, so we should state that:

m can not be zero, if a line is horizontal, the perpendicular line must be vertical.

7 0
2 years ago
A recipe calls for 2 tsp of salt, 1 tsp of pepper, and 4 tsp of garlic powder. How much pepper and garlic powder would you need
MakcuM [25]

Answer:

amount of pepper required= 7.5 tsp

amount of garlic powder required = 30 tsp

Step-by-step explanation:

Given,

amount of salt used for small batch of the recipe = 2 tsp

amount of pepper used for small batch of the recipe = 1 tsp

amount of garlic powder used for small batch of the recipe = 4 tsp

amount of salt used for the larger batch = 15 tsp

                                                             = 2 x 7.5 tsp

                                                             = amount of salt used for small batch the recipe x 7.5

So,

the amount of pepper needed for the larger batch= 7.5 x amount of pepper used for the small batch of recipe

                                                                      = 7.5 x 1 tsp

                                                                       = 7.5 tsp

the amount of garlic powder needed for the larger batch= 7.5 x amount of garlic powder used for the small batch of recipe

                                                                                          = 7.5 x 4 tsp

                                                                                          = 30 tsp

3 0
2 years ago
How do you do solve for this again? Picture above
Goshia [24]

Answer:

Step-by-step explanation:

Do you remember the formula so that you can solve this problem??

4 0
2 years ago
Read 2 more answers
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