Lonnie is considering doing some long term investing with money that she inherited. She would like to have $50,000 at the end of 30 years. Approximately how much money would Lonnie need to put into an account earning 6% interest compounded annually in order to meet her goal? a. $8,706 b. $9,000 c. $27,778 d. $40,690

Answers

Answer 1

Answer:

$8,706

Step-by-step explanation:

Lionnel is considering doing some long term investments with the money she inherited

She would like to have $50,000 at the end of 30 years

The interest is 6%

Therefore the amount that Lionnel would need to put into the account can be calculated as follows

A= P(1+r)^t

50,000 = P(1+6/100)^30

50,000 = P (1+0.06)^30

50,000 = P(1.06)^30

50,000= 5.7434P

P = 50,000/5.7434

P= $8,706

Hence Lionnel will need to put $8,706 into an account earning 6% interest

Answer 2

Answer:

It's A-$8,706 :))

Step-by-step explanation:


Related Questions

Which must be true in order for the relationship to be correct? and and and.

Answers

Answer:

?

Step-by-step explanation:

Answer:

is D

Step-by-step explanation:

correct on edge

An artist makes necklaces. She packs each necklace in a small jewelry box that is134inches by 214 inches by 34 inch. A department store ordered 270 necklaces. The artist plans to ship the necklaces to the department store using flat-rate shipping boxes from the post office. Which of the flat-rate boxes should she use to minimize her shipping cost?

Answers

Answer:

Small flat rate box

Step-by-step explanation:

Since she sells necklaces we can assume that the question is missing spaces and the actual dimensions are 1 3/4inch by 2 1/4 inch by 3/4 inch. This being the case she can use the Small flat rate box from the local post office for her necklaces. This is the smallest flat rate packaging available aside from envelopes, but since the artist needs a 3dimensional box the envelopes would not work. This small flat rate box has the following dimensions  8 11⁄16″ x 5 7⁄16″ x 1 3⁄4″ it also can hold up to 70lbs which far exceeds the weight of the necklaces.

Giovanni arrived at a railway station in Venice at 06 45

Write this time using the 12-hour clock.

Answers

Answer: 6:45AM

Step-by-step explanation:

Just add AM or PM

In which of the following categories do the three families spend about the same dollar amount each month (within $25 of each other)? Select all that apply.


- Other Needs

- Housing

- Taxes

- Insurance

- Childcare

- Food

- Transportation

Can someone pls answer!!!

Answers

The category in which the families spend about the same dollar amount each month are food and transport.

What is a circle graph?

A circle graph is used to show information in a circle. The circle is divided into slices which represent a numerical proportion.

Amount spent on food by family A = (14/100) x 5400= $756

Amount spent on food by family B = 16/100) X 4675 = $748

Amount spent on food by family C = (11/100) X6675 = $734.25

Amount spent on transport by family A = (11/100) x 5400= $600.75

Amount spent on transportby family B = 13/100) X 4675 = $607.75

Amount spent ontransport by family C = (9/100) X6675 = $594

To learn more about circle graphs, please check: https://brainly.com/question/26250795

People of different ages were asked the question "Do you listen to audiobooks?" The frequency table displays the percentage of "yes" responses for different age groups. 13 to 17, 8 percent; 18 to 25, 15 percent; 26 to 35, 23 percent; 36 to 45, 45 percent; 46 and over, 48 percent. Would it be appropriate to display the data with a pie chart? Yes, because the data are grouped into categories. Yes, because the data can be displayed by a relative frequency compared with the whole. No, because the data display the percentage of time spent by each age group, not a relative frequency compared with the whole. No, because the data categories are too broad.

Answers

No, because the data display the percentage of time spent by each age group, not a relative frequency compared with the whole.

The correct option is C.

What is pie chart?

The “ pie chart” is also known as a “circle chart”, dividing the circular statistical graphic into sectors or sections to illustrate the numericical value.

Given

People of different ages were asked the question "Do you listen to audiobooks?

" The frequency table displays the percentage of "yes" responses for different age groups. 13 to 17, 8 percent; 18 to 25, 15 percent; 26 to 35, 23 percent; 36 to 45, 45 percent; 46 and over, 48 percent.

Considering that the data displays the percentage of time spent by each age group, not a relative frequency compared to the whole, a pie chart would not be appropriate.

Pie charts are used to indicate relative frequency of each group, when the whole combines to 100%.In this problem, the sum of the percentages is not 100%, hence, it does not indicate relative frequency, and the third option is correct.

Hence, No, because the data display the percentage of time spent by each age group, not a relative frequency compared with the whole.

You can learn more about pie charts at;

brainly.com/question/25796636

Answer:

C.

Step-by-step explanation:

on edge2022

What are the solutions of x2 10x 16 = 0? write the equation in standard form. factor the polynomial. apply the zero product property. solve the resulting equations. x2 10x 16 = 0 (x 2)(x 8) = 0 x 2 = 0 or x 8 = 0 x = and x =

Answers

The values of x or the solution of the of provided polynomial equation are x=-2 and x=-8.

What is the factor of polynomial?

The factor of a polynomial is the terms in linear form, which are, when multiplied together, give the original polynomial equation as a result.

The given polynomial equation in standard form is,

[tex]x^2 +10x +16 = 0[/tex]

Now factor the polynomial.

[tex]x^2 +10x +16 = 0\\(x 2)(x 8) = 0[/tex]

Apply the zero product property and find out the factors as,

[tex]x +2 = 0, x +8 = 0[/tex]

Solve the resulting equations by equating both the factors one by one to the zero and find the roots.

[tex]x +2 = 0\\x=-2\\[/tex]

Similarly, for x+8=0,

[tex]x +8 = 0\\x=-8[/tex]

Thus, the values of x or the roots of the equation are,

[tex]x = -2, x =-8[/tex]

Hence, the values of x or the solution of the of provided polynomial equation are x=-2 and x=-8.

Learn more about factor of polynomial here;

https://brainly.com/question/24380382

Answer:

-2 and -8

Step-by-step explanation:

got my answer from the person above.

Which part of the expression 2(3+4)is the sum of two terms

Answers

Answer:

Step-by-step explanation:

You have only two parts to consider

2  and

3 + 4

Notice the wording "Sum of" That means there has to be a plus sign somewhere in the answer.

Answer: 3 + 4

What is 2xy+7y-19x²y=2x simplified?

Answers

Answer:

Solve the equation for x by finding a, b, and c of the quadratic then applying the quadratic formula.

[tex]x=\frac{y-1+\sqrt{134^2-2y+1} }{19y}[/tex]

[tex]x=\frac{y-1-\sqrt{134^2-2y+1} }{19y}[/tex]

Thanks!

Mark me brainliest!

35 + 35= I am adding two positive integers so my answer will be positive.

I am adding a negative and positive so my answer will be negative.

I am adding a negative and a positive so my answer will be positive.

I am adding two negative numbers so my answer will be negative.

Answers

Answer: I am adding two positive integers so my answer will be positive

If its 35 + 35 they both are positive hence I am adding two positive integers so my answer will be positive.

Hope I helped

Answer:

I am adding two positive integers so my answer will be positive.

Step-by-step explanation:

Note that;

Positive + Positive = Positive

Positive + Negative = Negative

Negative + Negative = Positive



~Lenvy

What percent is 8 out of 32?

Answers

Answer:

25%

Step-by-step explanation:

8 divided by 32

Hope this helps!

If not I am sorry.

1. Find the length of the missing side. Leave your answer in simplest radical form.

Answers

Answer:

[tex] \sqrt{4 ^{2} + 3 ^{2} } [/tex]

=root 25 which is 5

help please!!!!!!!! i need this before midnight

Answers

Answer:

20 min

Step-by-step explanation:

, Answer:

20 minutes

Step-by-step explanation:

Daniel got to the park at 11:20 and stayed there 'till 11:40, and then started to go home. He got home at 12:00 which means that it took him 20 minutes to get home

PLEASE HELP


2. Calculate the slant height for the given cone. Round to the nearest tenth
(1 point)
Diameter = 18 cm
Height = 7 cm
O 11.2 cm
O 12.5 cm
O 14.8 cm
O 11.4 cm

Answers

Answer:

11.4 cm

Step-by-step explanation:

Using pythagoras theorem,

if n^3=x and n^4=20x , where n>0, what is the value of x?

Answers

Step-by-step explanation:

∠2 and ∠7 are alternate exterior angles so they are equal.

So you can create the equation

40x-48 = 20x+52   Subtract 20x from both sides. Add 48 to both sides.

20x = 100

x = 5

if you need  m∠2 Substtute 5 for x in 20x+52  

20(5) + 52 = 100 +52   m∠2= 152°

m∠7  40(5) - 48 =  200-48  m∠7= 152°

The value of the variable x is given as 8000.

What are the rules of exponents?

Some of the rules of exponents are as follows,

The product of two exponents having the same power is equal to the power of their base multiplied.

The product of two exponents having the same base is equal to the sum of the powers of different exponents to the same base.

The given exponential expressions are as below,

n⁴ = 20x

And, n³ = x

Then as per the rule of exponent, the following it can be written as,

n³ = x

⇒ n × n³ = n × x

⇒ n⁴ = nx

⇒ 20x = nx

⇒ n = 20

Then, x = 20³ = 8000

Hence, the value of x is found to be 8000.

To know more about exponents click on,

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#SPJ2

Which division problem does the number line best illustrate

Answers

Answer:

(A) 2÷1/5=10

You start off with 2

It is divided into 10 parts

they all include division

2÷_=10

2÷1/10=20

2÷1/5=10

Step-by-step explanation:

hope this helps :D

7x+5 and 12x *
A: Yes, they are equivalent
B: No, they're not equivalent

Answers

B. They are not equivalent

Answer:

No they are not equivalent.

Step-by-step explanation:

7x + 5 stays the same. You cannot combine them since they aren't like terms.

12x isnt 7x + 5. Therefore no they are not equivalent.

The ratio of ₹ 2 to 120 paise is ___________

Answers

Answer:

5 : 3

Step-by-step explanation:

100 paise = 1 rupee

Therefore, the ratio =>

2 rupees : 120 paise

2 : 1.2

10 : 6

5 : 3

HELP ASAP!! PLEASE ANSWER!

Answers

Answer:

factor out 5 out of 20x+55

and the answer is 5(4x+11)

factorize x square -5x+6

Answers

Answer:

(x-2)(x-3)

Step-by-step explanation:

x1 = 2

x2 = 3

easy

What is the surface area of this right triangular prism?

Right triangular prism. The height of the prism is labeled 15 in. The base of the prism is a triangle with sides labeled 17 in., 17 in., ad 30 in. There is a dashed line from the vertex of the triangle perpendicular to the 30 in. side that is labeled 8 in.

50 POINTS!!!

Answers

Answer:

1800 in^3

Step-by-step explanation:

I’ll give brainliest hurry pls

All questions please. I need help

Answers

Answer:

7) -4

8) -3

9) 2

10) 3

11) 1

12) 0

Step-by-step explanation:

The form your equations are in is slope intercept form which is the equation...

y = mx + b

m = slope; b = y-intercept

Y-intercept is defined as the point where a line or curve crosses the y-axis of a graph.

Hope this Helps! :)

Have any questions? Ask below in the comments and I will try my best to answer.

-SGO

A group of friends were working on a student film that had a budget of $800. They spent all their budget on props and equipment. They used 83% of their budget on equipment. How much money did they spend on props?

Answers

Answer:

$136

Step-by-step explanation:

100% - 83% = 17%

the 17% is on props.

so, take 17/100 and multiply with $800, which you will get 136.

so the amount of money spent on props is $136

Find the slope and the y intercept for the equation below 2x+y=7

Answers

slope= -2 y-intercept =7

Step-by-step explanation:

y=-2x+7

m=-2 c=7

Gina deposits $150 at the start of each year into a college savings account that pays 2% simple interest at the end of each year. She does not deposit the interest she earn each year. How much total interest will Gina Earn on her deposit through the end of the fifth year?

Answers

Answer:

$45

Step-by-step explanation:

Given the following :

Amount deposited in first year = $150

Interest rate (r) = 2% = 0.02

First year:

Simple Interest = principal * rate * time

= $150 * 0.02 = $3

2nd year:

Principal = $150 * 2 = $300

($300 * 0.02) = $6

3rd year:

Principal = $150 * 3 = $450

($450 * 0.02) = $9

4th year:

Principal = $150 * 4 = $600

(600 * 0.02) = $12

5th year:

Principal = $150 * 5 = $750

($750 * 0.02) = $15

Total interest earned :

$(3 + 6 + 9 + 12 + 15)

= $45

I need help with the second one plz help now 50 points

Answers

Answer:

If the temp is higher so is the amount of people on the beach

Step-by-step explanation:

0.018 + (3.1 × 10-3)
Simplified

Answers

Answer:

28.018

and that's the answer.

Step-by-step explanation:

0.018 + 31 - 3

31.018 - 3

which gives 28.018 as the final result

The length of a rectangular plot of land is 2m more than its breadth. If it's area is 120m^2, find its length and breadth.​

Answers

Answer:

length is 40 and breadth is 20

Step-by-step explanation:

120 =2( l + b )

120 = 2( 2x +x )

120= 2 x 3x

120 =6x

120/6 = x

20 = x

length=2x = 2 x 20 = 40

breadth= x = 20.

hope it helps u

Jennifer is buying cupcakes for a party. 12
cupcakes is $8.40. What is the unit rate for
each cupcake?
I reallyyyyy need help I I have no idea about unit rates

Answers

Answer:

24

Step-by-step explanation:

Harold measures the heights in inches of the new plants that are growing in his greenhouse. he records the lengths shown below and wants to plot them on a line plot. 19.5 21.5 18.0 19.5 19.25 19.5 21.0 18.25 20.5 18.75 19.0 19.0 19.25 22.0 use the drop-down menus to complete the following sentences about the line plot. the line plot has choose... dots plotted on it. the least value plotted on the line plot is choose... . the greatest value plotted on the line plot is choose... . the height of choose... inches occurs the most often.

Answers

The least value plotted on the line plot is 18.0, the greatest value plotted on the line plot is 22.0, and the height of inches that occurs the most often is 19.5 with 3 times.

What is a mode?

In a set of data values, the mode is the value that appears the most frequently.

A.) The least value plotted on the plot is the minimum height of the plant Harold, therefore, the least value plotted on the line plot is 18.0.

B.) The greatest value plotted on the line plot is 22.0 is the maximum height of plant Harold, therefore, the greatest value plotted on the line plot is 22.0.

C.) The height of inches that occurs the most often is the mode of all the data points of the height of the plant that is given to us, therefore, the height of inches that occurs the most often is 19.5 with 3 times.

Hence, the least value plotted on the line plot is 18.0, the greatest value plotted on the line plot is 22.0, and the height of inches that occurs the most often is 19.5 with 3 times.

Learn more about Mode:

https://brainly.com/question/17727138

Answer:

The line plot has 14 dots plotted on it.

The least value plotted on the line plot is 18.0

The greatest value plotted on the line plot is 22.0

The height of 19.5 inches occurs the most often

Step-by-step explanation:

hope this helps :)

Ok I’m being annoying ik but I seriously need help with these three I’ve tried but I really can’t figure these out

Answers

Answer:

24. a = 69

Step-by-step explanation:

a = 2c - 1

a = 2(35) - 1

a = 70 - 1

a = 69

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