answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vivado [14]
1 year ago
13

Art wants to know how much he'll have to invest today to receive an annuity of $8,000 for three years if interest is earned at 1

0% annually. He'll make all of his withdrawals at the end of each year. How much should Art invest?
Mathematics
2 answers:
Svet_ta [14]1 year ago
6 0
He should invest $80,000 if he wants $8,000 at 10% interest. He can withdraw $8,000 at the end of each year. This is because if $8,000 is 10% of what he has in his bank account, to get the full amount (100%), we can multiply by 10, because 10% x 10= 100%. So $8,000 x 10= $80,000.
Veronika [31]1 year ago
3 0

Answer:

Correct 19,895.20

Step-by-step explanation:

You might be interested in
A basketball team has eight boys and four girls on the roster. The boys average 12 points each. The team averages 136 points as
Lorico [155]
I hope this helps you

6 0
1 year ago
Read 2 more answers
A psychologist would like to examine the effects of different testing methods on the final performance of college students. One
lawyer [7]

Answer:

Check the explanation

Step-by-step explanation:

One way ANOVA

The null and alternative hypothesis for this one way ANOVA is given as below:

Null hypothesis: H0: There is no significant difference in the averages of the scores for the quizzes, exams and final only.

Alternative hypothesis: There is a significance difference in the averages of the scores for the quizzes, exams and final only.

The ANOVA table with calculations can be seen in the attached images below:

In the attached image below, we get the p-value for this one way ANOVA test as 0.0221. We do not reject the null hypothesis if the p-value is greater than the given level of significance and we reject the null hypothesis if the p-value is less than the given level of significance or alpha value.

In the attached image below, we are given that the p-value = 0.0221 and level of significance or alpha value = 0.05, that is p-value is less than the given level of significance. So, we reject the null hypothesis that there is no significant difference in the averages of the scores for the quizzes, exams and final only. This means we conclude that there is a significance difference in the averages of the scores for the quizzes, exams and final only.

3 0
1 year ago
Jody bought 20 shares of amazon at the close price of $121.00. She bought 20 more shares a year later at the price of $127.00. T
hjlf

Answer:

Jody made $210 after all of these transactions.

Step-by-step explanation:

Jody bought 20 shares of amazon at the price of $121.00

= 121.00 × 20 = $2,420

After one year she bought 20 more shares at the price of $127.00

= 127.00 × 20 = $2,540

Her broker charges $50.00 for each transaction = 50 × 2 = $100

Total cost of all shares = 2,420 + 2,540 + 100 = $5,060

She sold all of her shares at the price of $133.00

= 133 × 40 = $5,320

She gave broker charge for this transaction = $50.00

Total selling amount  = 5,320 - 50 = $5,270

Profit = Selling amount - cost

Profit = 5,270 - 5,060 = $210

Jody made $210 after all of these transactions.

8 0
2 years ago
Read 2 more answers
What is Question I (if m<EBF = 117°, fine m<ABE)​
Natasha_Volkova [10]

Answer:

m∠ABE = 27°

Step-by-step explanation:

* Lets look to the figure to solve the problem

- AC is a line

- Ray BF intersects the line AC at B

- Ray BF ⊥ line AC

∴ ∠ABF and ∠CBF are right angles

∴ m∠ABF = m∠CBF = 90°

- Rays BE and BD intersect the line AC at B

∵ m∠ABE = m∠DBE ⇒ have same symbol on the figure

∴ BE is the bisector of angle ABD

∵ m∠EBF = 117°

∵ m∠EBF = m∠ABE + m∠ABF

∵ m∠ABF = 90°

∴ 117° = m∠ABE + 90°

- Subtract 90 from both sides

∴ m∠ABE = 27°

4 0
2 years ago
Read 2 more answers
George is saving for a mortgage on a $125,000 house. He needs 20 percent for a down payment. He currently has $22,000. How long
Katarina [22]
<span>George will have enough money in 3 years. This is because at 5 percent interest per year, in one year he will have $23,100. In two years, he will have $24,155. In 3 years he will have $25,362.75 which will put him slightly over his goal of a 20% down payment.</span>
3 0
2 years ago
Read 2 more answers
Other questions:
  • tom has 28 milk chocolates and emily has 24 dark chocolates they have to divide these chocolates into small packets that each ha
    12·2 answers
  • Shakira went bowling with her friends. She paid $3 to rent shoes and then $4.75 for each game of bowling. If she spent a total o
    13·2 answers
  • Question 1 Unsaved In a poll of students at the basketball championship, 82% of the students say that basketball is better than
    9·1 answer
  • In triangle △ABC, ∠ABC=90°, BH = altitude
    11·1 answer
  • "The difference between five-halves of a number<br> and 17 is 48."
    9·1 answer
  • Simplify the following expression
    10·1 answer
  • Which of the following phrases are inequalities?Choose 2 answers: A. (8 + f)(8 - f) &gt; 36
    10·1 answer
  • A prticular type of tennis racket comes in a midsize versionand an oversize version. sixty percent of all customers at acertain
    12·1 answer
  • The volume of the rectangular prism is 32 cubic feet more than the volume of the right triangular prism. Find the volume of each
    6·2 answers
  • A person places $479 in an investment account earning an annual rate of 8.2%, compounded continuously. Using the formula V = Pe^
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!