Ariana is going to invest in an account paying an interest rate of 1.9% compounded monthly. How much would Ariana need to invest, to the nearest ten dollars, for the value of the account to reach $110,000 in 14 years?
Answers
Answer:
110000=p(1+0.019)^168
23.62p=110000
p=4660
credit: sqdancefan
Answer:
84330
Step-by-step explanation:
The compound interest formula gives the value of an investment.
A = P(1 +r/n)^(nt)
where principal P is invested at annual rate r compounded n times per year for t years. Using your given values, we can solve for P.
110,000 = P(1 +0.019/12)^(12·14)
P = 110,000/(1 +0.019/12)^(12·14) ≈ 110,000/1.00158333...^168
P ≈ 110,000/1.30446
P ≈ 84326.04 ≈ 84,330 . . . . dollars
Related Questions
1. Given: 3(x - 6) + 10 = 31
Prove: x = 13
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Answer:
The Answer is proved.Step-by-step explanation:
If you like this answer then mark this answer as BRAINLIEST answer....Thank you ☺️☺️
On a map, the distance between two cities is 26 cm. If the map scale is 2 cm: 11 mi., what is the actual distance between the two cities?
Answers
Answer:
143 miles
Step-by-step explanation:
To get the answer, you should first, divide 25 cm by 2 cm = 13 cm so it will be easier for you to multiply. Then you should multiply = 13 by 11 = 143 miles
help me I dont understand this question
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You have $13 to spend on an Uber. The driver charges $0.35 per mile plus a $1 fee for the trip. At the end of the trip, you have $0.80 left. How many miles did
you go?
Answers
Answer:
32 miles
Explanation
$13 the money you have -$0.80 the money left
=12.20 the money you spent- $1 fee for the trip
=$11.20÷$0.35 per mile
=32 miles
The same amount of principal is invested in different accounts earning the same interest rate.
Which of the following accounts would have the greatest accumulated value at the end of one year?
A.An account eaming no interest
B.An account eaming simple interest
C.An account eaming interest compounded annually
D.An account earming interest compounded daily
Answers
Answer:
D.An account earming interest compounded daily
Step-by-step explanation:
An account earning interest compounded daily would have accumulated the greatest value at the end of the year.
Compound interest is interest on interest. In compound interest, the interest is calculated on the principal and interest accrued. This makes the value highest. For the account compounded daily, the interest on interest is taken every day. It has a power of 365. For compound interest accrued annually, the interest compounded yearly. Simple interest is basically on the principal.Answer: D! On edge 2021
Step-by-step explanation:
I just took the test :)
what is the negative square root of 65 over 121
Answers
Answer:
-0.06663022932
Step-by-step explanation:
Answer:
-0.06663022
it can't be simplified, but this is the decimal form....
Which expression has a value of 2/3 when x = -5?
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Answer:
What are your choices
Step-by-step explanation:
Write a real-world situation that can be modeled by the equation 1/3x+10=3/5x
Answers
Answer:
One-third of Leah's weekly paycheck plus $10 = three-fifths of her check.
What is her weekly pay? or 1/3 of a handyman’s fee plus an extra fee of 10 dollars for showing up, which is equal to 3/5 o his fee altogether. What is his fee in all with the extra fee
BRAINLIEST ANSWER!! I need help ASAP!
Answers
Answer:
n = -9.5
Step-by-step explanation:
6n + 15 = -42
6n = -57
n = -9.5
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Answers
Answer:
90m+5
Step-by-step explanation:
117-78m+14(12m-8)
117-78m+168m-112
90m+5
Answer:
90m+5
Step-by-step explanation:
117-78m+14(12m-8)
117-78m+168m-112
90m+5
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Answers
distribute the 3
-k+12k-3+3
combine like terms
11k-3+2
combine like terms
11k-1
IS
Write an equation and solve.
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$50 per visit. If you have $325 to spend on personal training,
how many visits (v) will you have?
Answers
Answer:
search up on google
Step-by-step explanation:
not hard
a music app charges 2$ to download the app plus 1.29$ per song downloaded.Write and solve a linear equation to find the total cost to download 30 songs
Answers
Answer:
c = 1.29x + 2
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Step-by-step explanation:
1.29×30=38.7
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If x is teater than 16 and less than 25, then x is.
Answers
What is X?
x + 1 + 4x = 11 + 12x - 3
Answers
5x+1=11+12x-3
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x=\frac{7}{-7}
answer:
x=-1
The value of x would be equal to -1.
An equation is defined as an expression that shows the relationship between two or more numbers, variables, and a mathematical equation is a statement with two equal sides and an equal sign in between.
We are given the equation as;
x + 1 + 4x = 11 + 12x - 3
Now solve for x;
x + 1 + 4x = 11 + 12x - 3
5x+1=11+12x-3
5x+1=8+12x
5x+1-12x=8
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-7x=7
x=-1
The solution will be -1.
Learn more about equations here;
brainly.com/question/25180086
#SPJ6
Joseph accepted a new job at a company with a contract guaranteeing annual raises. Joseph will get a raise of $5000 every year and had a starting salary of $70000. Write an equation for S,S, in terms of n,n, representing Joseph's salary after working nn years for the company.
Answers
Answer:
70000 + 5000nn = n
Step-by-step explanation:
70000 + 5000nn = n
You must solve for s.
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Answers
Answer:
s= -5
Step-by-step explanation:
-8s + 16 = 56
Subtract 16 from both sides of the =, as this will cancel the + 16
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If f(x) = (-3x - 6) + 10, find f(5)
Answers
Answer:
f(5) = -11
Step-by-step explanation:
f(5) = (-3(5) - 6) + 10
f(5) = -21 + 10
f(5) = -11
Answer:
I hope its -11
Step-by-step explanation:
(-3x - 6) + 10
(-3(5) - 6) + 10
^
-21 + 10
^
-11
I hope its right :)
******************* IMPORTANT****************
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11 is the answer to the question
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Step-by-step explanation: grape :3 (hi Kadee)
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Find the slope of each line (each block is one unit):
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Answer:
m = -2/3
Step-by-step explanation:
m = slope
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Answer:
Not answer but this'll help solve
Step-by-step explanation:
Divide each weight on Earth by 6 to find the weight on the moon
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− 1 < x < 5
Step-by-step explanation:
The sum of the measures of the angles of all triangles is 180˚. If two angles of the triangle measure 100˚, what is the measure of the last angle? Use the hint.
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Answer:
The last angle is 80
Step-by-step explanation:
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Answer:
the x coordinate is the horizontal line wich is going in a straight line.
Step-by-step explanation:
The coordinates of
A are (0.5,4)
B are (-3,0)
C are (-1,1)
The formula for coordinates is (x,y).
The x coordinates are the ones that are on the horizontal line.
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Maria walked 4.035 kilometers What is 4.035 written in expanded form?
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Answer:
four and thirty-five thousandths
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año, 1,51. ¿Cuándo creció más rápido, en los primeros tres meses o en el resto del
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creció más rapido en los primeros tres meses
explicación:
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O m = 3.5h + 2.1
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Step-by-step explanation:
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They traveling at -0.37 m.s^-1 along the direction of 55 kg kid.
