Miranda wants to give her 14-years old daughter $20,000 when she turns 18. How much does she need to put in the bank now if the interest rate is 10 percent per year?

Answers

Answer 1

Answer:

Miranda has to put $13,661 in the bank.

Step-by-step explanation:

Miranda wants to give her 14-years old daughter $20,000 when she turns 18

Miranda has 4 years to make $20,000

Rate of interest = 10% per year

Let initial deposit be $x

Final amount (A) = $20,000

Time (t) = 4 years

Rate (r) = 0.10

Formula:

[tex]A=P(1+r)^n[/tex]

Substitute the values into formula

[tex]20000\geq x(1+0.1)^4[/tex]

Now we solve for x

[tex]x\geq \dfrac{20000}{1.1^4}=13660.27\approx 13661[/tex]

Hence, Miranda has to put $13,661 in the bank.


Related Questions

What is the value of X?

X=2.25
X=11.25
X=13
X=22

Answers

(2x + 10) + (6x + 1) = 180 - 79

Answer:  The correct option is (D) 22.

Step-by-step explanation:  We are given to find the value of x from the given figure.

From the figure, we see that a triangle is shown where the measure of an external angle is (6x + 1)° and the measures of the two remote interior angles are 79° and (2x + 10)°.

Since the sum of the measures of two remote interior angles of a triangle is equal to the measure of the external angle, so we get

[tex]79^circ+(2x+10)^\circ=(6x+1)^\circ\\\\\Rightarrow 79+2x+10=6x+1\\\\\Rightarrow 6x-2x=88\\\\\Rightarrow 4x=88\\\\\Rightarrow x=\dfrac{88}{4}\\\\\Rightarrow x=22.[/tex]

Thus, the required value of x is 22.

Option (D) is CORRECT.

Solve math problem 15xy-30y

Answers

the answer is 2x i think
The answer is 15y times (x-2)

In a survey, 125 people were asked to chose one card out of five cards labeled 1 to 5. The results are shown in the table. Compare the theoretical probability and experimental probability of choosing a card with the number 1.

Answers

The experimental probability to choose card 1 (15/125) is 10 less than the theoretical probability which is 25/125.

Answer:

The theoretical probability of choosing a card with the number 1 is  (20​%). The experimental probability of choosing a card with the number 1 is (16​%). The theoretical probability is  (greater than ) the experimental probability.

Unscramble all the words worth a lot of points please help!!!

Answers

1. rational number

2. percent

3. least common denominator

4. proportion

5. percent proportion

I am positive that these numbers are correct.

1 is rational number

2 is percent

3 is least common denominator

4 is proportion

5 is percent proportion

identify the range of the function shown in the graph

Answers

I think it is C

I hope this helps

Answer: The answer is (C). [tex]y\geq 0.[/tex]

Step-by-step explanation:  We are given a graph in the figure and we are to identify the range of the graphed function from the given options.

We can see in the figure that the values of x are greater than or equal to 0 and the corresponding values of y are also greater then or equal to 0. Since we are talking about the range of the function, so we will consider the y-values.

Thus, the range of the function will be [tex]y\geq 0.[/tex]

Thus, (C) is the correct option.

A corn vendor at a farmers market was selling a bag of 8 ears of corn for $2.56.Another vendor was selling a bag of 12 for $4.32.Which bag is the better deal?

Answers

To decide which one is the better deal, you need to compare them on price per ear. So, the the first vendor is $2.56/8ears= $0.32/ear

the second vendor: $4.32/12 = $0.36/ear

The first vendor with the bag of 8 ears is the better deal!

Answer:

The better deal is first vendor bag.

Step-by-step explanation:

Given : A corn vendor at a farmers market was selling a bag of 8 ears of corn for $2.56. Another vendor was selling a bag of 12 for $4.32.

To find : Which bag is the better deal?

Solution :

To compare which is better we find the unit rate of both vendor rate.

The selling price of first vendor of 8 ears of corn for $2.56.

The selling price of 1 bag is [tex]\frac{2.56}{8}[/tex]

The selling price of 1 bag is $0.32.

The selling price of second vendor of 12 ears of corn for $4.32.

The selling price of 1 bag is [tex]\frac{4.32}{12}[/tex]

The selling price of 1 bag is $0.36.

The unit price of first vendor bag is lower than second vendor.

So, the better deal is first vendor bag.

Could someone please help me on this? This is one question

Answers

The point-slope formula:

[tex]y-y_1=m(x-x_1)[/tex]

We have a slope m = 2 and point (-8, 2)

Substitute:

[tex]y-2=2(x-(-8))\\\\y-2=2(x+8)[/tex]


Solve: x2 − x − 6 x2 = x − 6 2x + 2x + 12 x After multiplying each side of the equation by the LCD and simplifying, the resulting equation is

Answers

Answer:

C) 3x^2 + 20x + 12 = 0

Step-by-step explanation: Because it is the right answer


What are the solutions to the equation?

A. x = -6 and x = -2/3

Step-by-step explanation:

this was a second part to the question for me so i decided to give u guys it as well, incase u come across it

Divide 3/4 by 1/3 and reduce to lowest terms

Answers

How to get answer: [tex]\frac{3}{4}[/tex]÷[tex]\frac{1}{3}[/tex]

Apply the fraction rule: [tex]\frac{3}{4} * \frac{3}{1}[/tex]

= [tex]3 * \frac{3}{4}[/tex]

= [tex]\frac{3}{4} * \frac{3}{1}[/tex]

= [tex]\frac{3 * 3}{4 * 1}[/tex]

= [tex]\frac{9}{4 * 1}[/tex]

Answer in fraction form: = [tex]\frac{9}{4}[/tex]

Answer in decimal form: = 2.25

Final answer:

To divide 3/4 by 1/3, multiply 3/4 by the reciprocal of 1/3, which is 3/1, giving you 9/4. This fraction is already in its lowest terms.

Explanation:

To divide fractions, such as dividing 3/4 by 1/3, you need to multiply the first fraction by the reciprocal of the second fraction. The reciprocal of 1/3 is 3/1. So, you should alter the division problem to a multiplication problem.

Here is the step-by-step process:

Write down the problem in multiplication form: (3/4) * (3/1).

Multiply the numerators together: 3 * 3 = 9.

Multiply the denominators together: 4 * 1 = 4.

You get the result of the multiplication as 9/4.

To reduce to the lowest terms, we see that 9/4 is already in its simplest form as both 9 and 4 are prime to each other.

Thus, when you divide 3/4 by 1/3, the answer in lowest terms is 9/4.

Use properties to find the sum or product 21+25+39+5

Answers

the sum of this equation is 90

the sum or product of  21+25+39+5 is 90

Solve
6x−10(x+12)=−4x−24
Show your work.

Answers

6x - 10(x + 12) = -4x - 24

Distributive property.

6x - 10x - 120 = -4x - 24

Add 10x to both sides.

6x - 120 = 6x - 24

Cancel like terms.

Add 24 to both sides.

-96 ≠ 0.

This equation is incorrect, as -96 will never be equal to 0.

The ages of the student in a dance class are 10 9 11 12 9 10 9 10 11 12 8 12 12. what is the mode for this set of data?

Answers

first, put the numbers in numerical order

8, 9, 9, 9, 10, 10, 10, 11, 11, 12, 12, 12, 12

what is the most common number?

12
Put the numbers in order then find the number that appears the most which is 12

what is a fraction equation that equals 1

Answers

Any fraction in which the numerator's value is the same as the denominator's value will equal 1. For example:

7/7, 6/6, 500/500, etc.

~Rise Above the Ordinary

Here are some examples 3/3, 4/4, 5/5, 1/1, 2/2, 6/6. It's any number over it self.

what is the mean of 33, 31, 36, 30, 35

Answers

27 issssssssssss the eeeeee mean


The mean is 33.

33 + 31 + 36 + 30 + 35 = 165

There are 5 numbers in the set, so divide 165 by 5.

165 ÷ 5 = 33

In a plane, if one line has an undefined slope and another line has a slope of zero, what can you conclude

Answers

Answer:

You can conclude that the lines are perpendicular, and will cross at exactly one point.

Step-by-step explanation: If one line has a zero slope, and the other's slope is undefined, that means one line is exactly vertical, and the other is exactly horizontal. This means that they will cross at exactly one point, and are perpendicular.


The slope of a line illustrates the direction of the line

The two lines are perpendicular lines

From the question, we understand that:

A line has an undefined slopeAnother line has a slope of 0

As a general rule,

The line with an undefined line is a vertical lineThe line with a slope of 0 is a horizontal line

A vertical line and a horizontal line will meet at a right-angle

Hence, the conclusion about the two lines is that, the two lines are perpendicular lines

See attachment for illustration

Read more about slopes at:

https://brainly.com/question/3605446

one number is 6 less than 3 times another number and their sum is 62.find the numbers

Answers

y = 6 - 3x

x + y = 62

Since we already know the value of y, we can use substitution to find the value of x.

x + 6 - 3x = 62

Subtract 6 from both sides.

x - 3x = 56

Combine like terms.

-2x = 56

Divide both sides by -2

x = -28

Now that we know the value of x, we can solve for the value of y.

x + y = 62

-28 + y = 62

Add 28 to both sides

y = 90

The value of y is 90, and the value of x is -28 (this is your answer)

To make sure that these values are correct, we can plug them into the original equations.

y = 6 - 3x

x + y = 62

90 = 6 - 3(-28)

90 = 90 √ this is correct

-28 + 90 = 62

62 = 62 √ this is also correct

Final answer:

Using a system of linear equations, we find that the two numbers in question are 45 and 17.

Explanation:

Let's call the first number x and the second number y. According to the problem, one number (x) is 6 less than 3 times another number (y). So we can write this as an equation: x = 3y - 6.

The problem also states that their sum is 62. This gives us a second equation: x + y = 62.

Now, we have two equations:

x = 3y - 6 (Equation 1)

x + y = 62 (Equation 2)

To find the values of x and y, we can substitute the expression for x from Equation 1 into Equation 2, giving us:

(3y - 6) + y = 62

Simplifying, we have:

4y - 6 = 62

Adding 6 to both sides:

4y = 68

Dividing by 4:

y = 17

Now that we have the value for y, we can substitute it back into Equation 1 to find x:

x = 3(17) - 6

x = 51 - 6

x = 45

Therefore, the two numbers are 45 and 17.

5(2x-3)+20=35
^^solve and justify each step with correct property. I'll mark branliest!! Please help.

Answers

10x-15+20=35 *expand brackets
10x+5=35. *you do -15 +20
10x=30. *you minus 5 on both sides
X=3 *divide 10 on both sides

Distrubute 5 through the (....)

10x-15+30=35

Calculate the Sum

10x+5=35

Move constant to the right side and change the sign

10x=35-5

Subtract the number

10x=30

Divide both sides by 10

x=3


Rewrite one of the two equations above in the form ax+by=c,where a,b,c are constants,so that the sum of the new equations and the unchanged equations from the original system results in an equation in one variable

Answers

Final answer:

To rewrite one equation like x = 4 - y into ax + by = c form, we adjusted it to x + y = 4. Then, we combined it with the unchanged equation y = 2x + 3 by substituting 'y' in the first equation with 'y' from the second, leading to 3x + 3 = 4, a one-variable equation.

Explanation:

To rewrite one of the two equations into the form ax + by = c, it's essential to start by having an equation that resembles y = a + bx (which is the same as y = mx + b, the conventional form for a linear equation) and the other in any format initially. Let's assume these equations as the existing ones: y = 2x + 3 and x = 4 - y.

Step 1: Transform the equation x = 4 - y into the form ax + by = c.

Firstly, shift y to the left side of equation by adding 'y' to both sides:

x + y = 4,

That's it! We now have the equation in the required ax + by = c format, where a = 1, b = 1 and c = 4.

Step 2: Add this new equation to the unchanged equation.

x + y = 4 (New one after rearranging)

y = 2x + 3 (Unchanged equation)

By substituting y from the second equation into the first, it will result in an equation in one variable:

x + (2x + 3) = 4,

After simplifying the equation, we get

3x + 3 = 4,

That is the result as an equation in one variable.

Learn more about Linear Equations here:

https://brainly.com/question/32634451

#SPJ3

3x+(2x+5)+(2x+10)+(2x-15)=360

Answers

Collect all x terms and all numbers. Ignore the brackets if they are confusing you since it makes no difference in this question if they exist or not since it's only addition and subtraction operations.

9x = 360

Divide both sides by 9.

x = 40.

[tex]\bf 3x+(2x+5)+(2x+10)+(2x-15)=360 \\\\\\\\3x+2x+2x+2x+10+5-15=360\implies 9x+0=360\\\\\\\\x=\cfrac{360}{9}\implies x=40\\[/tex]

A recipe needs 4 cups of milk and 6 cups of grated cheese. what is the ratio of the number of cups of grated cheese in the recipe? A. 2:3 B. 2:5 C. 6:4 D. 4:10

Answers

The correct answer is A) 2:3 because 4/6 simplified is 2/3

simplify (x -3)(x + 7) using the table method, and identify the resulting

Answers

(x-3)(x+7) —> multiply them together I do it by FOIL which stands for Firsts Inners Outers Lasts

x’(squared)+7x-3x-21 —> simplify

x(squared)+4x-21

Answer:

The simplified form of given expression is [tex]x^2+4x-21[/tex].

Step-by-step explanation:

The given expression is

[tex](x-3)(x+7)[/tex]

Here, we have to factors (x-3) and (x+7).

Factor (x-3) has two terms x and -3. Write these terms in first row.

Factor (x+7) has two terms x and 7. Write these terms in first column.

Now, find the elements of the table by multiplying corresponding rows and columns.

The elements of the table are x², -3x, 7x, -21.

Now, add all these elements.

[tex]x^2-3x+7x-21=x^2+4x-21[/tex]

Therefore the simplified form of given expression is [tex]x^2+4x-21[/tex].

Convert 0.05 into a fraction

Answers

the answer is 5/100 because its in the hundreths place but it simplifies down to 1/20

thank you for your time and please mark brainliest

Someone please help me with #28 and #30 I got myself super confused.

Answers

Question 28:

[tex]S-2\pi r^2=2\pi rh[/tex]                     Subtract [tex]2\pi r^2[/tex] on both sides

[tex]\frac{S-2\pi r^2}{2\pi r} =h[/tex]         Divide [tex]2\pi r[/tex] on both sides

*(Answer)*=  [tex]\frac{S-2\pi r^2}{2\pi r} =h[/tex]


Question 30:

[tex]a*t=v_{1}+v_{0}[/tex]                  Multiply [tex]t[/tex] on both sides

[tex]a*t+v_{0} =v_{1}[/tex]                 Subtract [tex]v_{0}[/tex] on both sides

*(Answer)*= [tex]a*t+v_{0} =v_{1}[/tex]

Hope This Helps

BangtanBoyScouts

3(5p-3)=5(p-1) what does p equal

Answers

The solution of expression is,

p = 2/5

We have to given that,

An expression to solve,

3 (5p - 3) = 5 (p - 1)

Now, We can simplify as,

3 (5p - 3) = 5 (p - 1)

Apply distributive property, we get;

15p - 9 = 5p - 5

15p - 5p = 9 - 5

10p = 4

p = 4/10

p = 2/5

Therefore, The solution of expression is,

p = 2/5

Learn more about the mathematical expression visit:

brainly.com/question/1859113

#SPJ6

What is the solution set of the equation? x^2-14x=14

Answers

x^2 - 14x = 14

x^2 - 14x + 49 = 63

(x - 7)^2 = 63

x - 7 = √63

x = 7 ± √63 is the solution set to the provided equation.

Please help me!!!! This is due in 20 minutes!!!! Whoever finds the right answer will be marked brainliest!!!!

Answers

Answer:

[tex]x=28cos(z)\\y=28sin(z)[/tex]

Step-by-step explanation:

We have been given a right triangle, which the following dimensions:

Hypotenuse = 28

Angle = z

Adjacent = x

Opposite = y

Upon using trigonometric ratio for cosine, we can write:

[tex]cos(z)=\frac{\text{Adjacent}}{\text{Hypotenuse}} =\frac{x}{28}\\ x=28cos(z)[/tex]

Similarly, upon using trigonometric ratio for sine, we get write:

[tex]sin(z)=\frac{\text{Opposite}}{\text{Hypotenuse}} =\frac{y}{28}\\ y=28sin(z)[/tex]

For the last 4.5 hours, the temperature has decreased at a rate of 2.8 degrees per hour. Which best represents the overall change in temperature over this time period?

Answers

Answer:

The overall change in temperature over the time period ∆T = -12.6°F

Hope This Helps :DD

Step-by-step explanation:

8-x<5 solve the inequality and graph the solution

Answers

8 - x < 5      |-8

-x < -3       |change the signs

x > 3

you ran 6 miles in 2 hours on friday. on saturday, you run 18 miles in 6 hours. your rate of change is 3 miles an hour true or false. Need it answered ASAP !!!

Answers

6/2 =3

18/3 = 3

(18-6)/((6-2)= 12/4 =3

True

6/2=3

18/6=3

The answer is True

How much more Ted saved

Answers

He saves $20 i did this and i got the right answer. hope this helps mark me as brainliest




Other Questions
Which is the graph of y = -1/x? liz am confused on those places help HURRYThe Johnson family is taking a car trip. They are driving at an average speed of 60 miles per hour. The graph shows their distance traveled over time. What does the point (5, 300) represent in this situation?A)The Johnson family will travel 300 miles in 5 hours.B)The Johnson family will finish their trip in 5 hours.C)The Johnson family drives 5 miles per hour for 300 miles.D)The Johnson family vacation destination is 300 miles away. what is 4x + 3 = 2x +7 Jacob wants to use an elevator to carry identical packages having the same weight. Each package weighs 3 pounds and Jacob weighs 99 pounds. If the elevator can carry a maximum of 300 pounds at a time, which inequality shows the maximum number of packages, n, that Jacob can carry with himself in the elevator if he is the only passenger? n 67 n 67 n 198 n 198 which equation could be used to find the number of minutes,M, and H for hours?A) m=60+h B) m=h/60C) m=60hD) m=60/h Which of the following did the Peace of Augsburg accomplish? A. It set up the Spanish Inquisition to root out heresy. B. It ended the Thirty Years' War. C. It granted the Netherlands independence from Spain. D. It allowed German rulers to choose the religion of their states. which set of ordered pairs is a function? [(-5, 1), (-3, 2), (-1, 3) (1, 4), (3, 5) or [(-2, 1), (-4, 2), (0,3), (4, 1), (-2,5)][(-1, 5), (-1,4), (-1, 3), (-1, 2) (-1, 1)][(-6, -4), (-4, -2), (0, 0), (-4, 2) (-6, 4)] A boy and his skateboard have a combined mass of 65 kg. What is the speed of the boy and skateboard if they have a momentum of 275 kg ? 0 m/s 0.24 m/s 4.2 m/s 8.5 m/s Min is twice as tall as her brother . If min is 5feet 3 inches tall how tall is her brother What are three aspects of Peruvian culture that are different from the United States? Which of the following statements BEST represents an example of Daoism's ideas? A.Disputes should be settled by village leaders and a council of elders. B.Social order should be based on duty, rank, and proper behavior. C.Pottery has no value unless it is beautiful and delicate. D.Painters should portray a harmonious relationship between heaven and earth. Coin flipping simulates the events of mitosis and the production of sperm or eggs 300mg of Reglan syrup is ordered for a patient. Replant is 125 mg/5ml. How many milliliters of Reglan is needed to send home with the client? Solve. - 1 3 x > 5A)x < -15B)x > -15C)x > 5/3D)x < -5/3 Select all that apply. The following careers spend a lot of time working with people: sales clerkhotel hospitalitysemitruck driverscomputer programmers What is the common denominator of 1/a+1/b in the complex fraction 1/a-1/b/1/a+1/b Three years ago, Claire borrowed money from her father to pay for a class trip. She agreed to pay 6% simple annual interest on the loan. Now she owes him $90 in interest, plus the principal amount. How much did Claire borrow? Read the excerpt from Hammurabis Code. If a man has knocked out the eye of a patrician [aristocrat], his eye shall be knocked out. . . If he has knocked out the eye of a plebeian [commoner] . . . he shall pay one mina of silver. If he has knocked out the eye of a patricians servant . . . he shall pay half his value. What does this quote illustrate about the nature of Hammurabis Code? Boundary between warm and cold water in an ocean or a lake