Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of this loan if it carried a 10% interest rate?

Answers

Answer 1

Answer:

The present value is  [tex]PV = \$ 396,987[/tex]

Step-by-step explanation:

From the question we are told that

   The  interest payment per year is  [tex]C = \$ 85[/tex]

    The principal payment is  [tex]P = \$ 1000[/tex]

     The  duration is  n =  8   years

      The  interest rate is  [tex]r = 10\% = 0.10[/tex]

The present value is  mathematically represented as

      [tex]PV = [ \frac{C}{r} * [1 - \frac{1 }{ (1 +r)^n} ] + \frac{P}{(1 + r)^n} ][/tex]

substituting values

      [tex]PV = [ \frac{85}{0.10} * [1 - \frac{1 }{ (1 +0.10)^8} ] + \frac{1000}{(1 + 0.10)^ 8} ][/tex]

      [tex]PV = \$ 396,987[/tex]


Related Questions

-4-(-1) answer the question

Answers

Answer:

-3

Step-by-step explanation:

Since you are subtracting a negative, it turns positive so it will be.

-4+1

-3

Answer:

-3

Step-by-step explanation:

-4-(-1) = -4 + 1 = -3

Select the correct answer.

Answers

Answer:

B

Step-by-step explanation:

With limits, the first thing one should always try is direct substitution. Therefore, let's try that.

[tex]\lim_{x \to 1} (\frac{x^2+1}{x+1}+x^2+3) \\= (\frac{(1)^2+1}{(1)+1}+(1)^2+3) \\=\frac{2}{2}+1+3\\ =1+4=5[/tex]

Therefore:

[tex]\lim_{x \to 1} (\frac{x^2+1}{x+1}+x^2+3) =5[/tex]

the product of two consecutive positive integer is 306​

Answers

Answer:

[tex]\Large \boxed{\sf 17 \ and \ 18}[/tex]

Step-by-step explanation:

The product means multiplication.

There are two positive consecutive integers.

Let the first positive consecutive integer be x.

Let the second positive consecutive integer be x+1.

[tex](x) \times (x+1) =306[/tex]

Solve for x.

Expand brackets.

[tex]x^2 +x =306[/tex]

Subtract 306 from both sides.

[tex]x^2 +x -306=306-306[/tex]

[tex]x^2 +x -306=0[/tex]

Factor left side of the equation.

[tex](x-17)(x+18)=0[/tex]

Set factors equal to 0.

[tex]x-17=0[/tex]

[tex]x=17[/tex]

[tex]x+18=0[/tex]

[tex]x=-18[/tex]

The value of x cannot be negative.

Substitute x=17 for the second consecutive positive integer.

[tex](17)+1[/tex]

[tex]18[/tex]

The two integers are 17 and 18.

The product of two consecutive positive integers is 306.

We need to find the integers

solution : Let two consecutive numbers are x and (x + 1)

A/C to question,

product of x and (x + 1) = 306

⇒x(x + 1) = 306

⇒x² + x - 306 = 0

⇒ x² + 18x - 17x - 306 = 0

⇒x(x + 18) - 17(x + 18) = 0

⇒(x + 18)(x - 17) = 0⇒ x = 17 and -18

so x = 17 and (x +1) = 18

Therefore the numbers are 17 and 18.

Hope it helped u if yes mark me BRAINLIEST

TYSM!

Determine the equation of the exponantial function with a common ratio of 2, a horizontal asymptote at y=4 and passin through the point (2,10).

Answers

Answer:

Step-by-step explanation:

There is a circle with a center of 0,0 on a coordinate plane. There is one point on the circle's circumference in which the x:y ratio is 3:1. What is a possible coordinate?

Answers

Answer:

Step-by-step explanation:

Suppose the radius is 1. The parametric equations for the circle are

x = cosθ

y = sinθ

x:y = 3:1

tanθ = ⅓

cosθ = 3/√(1²+3²) =  3/√10

sinθ = 1/√10

The solutions are (3/√10, 1/√10) and (-3/√10, -1/√10).

If a state issued license plates using the scheme of 3 letters followed by 3 digits, how many plates could it issue?

Answers

Answer:

17,576,000

Step-by-step explanation:

there are 26 english letters (A-Z) and 10 digits(0-9).

there are 3 spaces for letters. therefore Any of the 26 letters can be combined with any 26 other letters and any of those can be combined with any of another 26 letters.

26*26*26= 17576

similarly 10 digits can combined in 1000 ways

10*10*10=1000

17576 letter combination can combine with 1000 digits combination.

so  17,576 x 1000 = 17,576,000 different plates could issue.

What is the complete factorization of the polynomial below?
x3 + 4x2 + 16x + 64

Answers

Answer: (x+4) ( x-4i)(x+4i)

Discussion:

Factor the polynomial:

x^3+4x^2+16x+64 =  (x +4 ) ( x^2 + 16)     (*)

Factor x^2 +1 6 over the complex numbers:

x^2 + 16 = (x -4i)(x+4i)                               (**)

Combing (*) and (**) gives the full factorization

(x+4) ( x-4i)(x+4i)

According to the video, this career offers a good opportunity to do what?
O supervise other workers
O learn an employer's business
Obecome physically fit
Obuild friendships with customers

Answers

Answer:

The correct answer is "learn an employers business"

Step-by-step explanation:

Supervising other workers isn't their job

Becoming physically fit wouldn't help them with that job

Building friendships with customers isn't part of the job

According to the video, this career offers a good opportunity to learn an employer's business. Therefore, the correct option is option B.

What is career?

There are two definitions of a career. It's common to use the word "career" to describe a profession, occupation, trade, or vocation. The work you perform for a livelihood is defined by your job, which can range from occupations requiring substantial education and training to ones that can be performed using a high school certificate and then a desire to gain knowledge.

Work as a doctor, attorney, teacher, carpenter, veterinarian assistant, electrician, cashier, instructor, or hairstylist is an example of a career. According to the video, this career offers a good opportunity to learn an employer's business.

Therefore, the correct option is option B.

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The Triangle shown below has an area of 12 Units^2.
Find X
10
6

Answers

Answer:

4

Step-by-step explanation:

I got it right on Khan

The value of x is 4.

What is Triangle?

A triangle is a polygon in two dimensional geometry. I has three sides and three angles along with three vertices.

Area of a triangle = [tex]\frac{1}{2}[/tex] × b × h

where b is the base of the triangle and h is the length of height of the triangle.

The given triangle is an obtuse triangle which has an angle equal to greater than 90 degrees. So the height of the triangle is found by drawing a perpendicular line from the base to the opposite vertex.

Here, height = x and base length = 6

Area = 12 units²

[tex]\frac{1}{2}[/tex] × 6 × h = 12

6 × h = 12 × 2

6 × h = 24

h = 24/6

h = 4 units.

Hence the length of the height which is x is 4 units.

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Two hot air balloons are flying above a park. One balloon started at a height of 3,000 feet above the ground and is decreasing in height at a rate
of 40 feet per minute. The second balloon is rising at a rate of 50 feet per minute after beginning from a height of 1.200 feet above the ground.
Given that his the height of the balloons after m minutes, determine which system of equations represents this situation.

Answers

Answer:

a

Step-by-step explanation:

its a

The answer is m = 3000 - 40h

m = 1200 + 50h.

The answer is option A.

What is a problem in problem-solving?

Problem-solving is the act of defining a problem; figuring out the reason for the hassle; identifying, prioritizing, and selecting options for an answer; and enforcing an answer.

What is an example of problem-solving?

Problem-solving begins with identifying the issue. For example, a teacher would possibly need to parent out a way to enhance scholar performance on writing scalability take a look at it. To do this, the trainer will assess the writing tests seeking out regions for improvement.

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jana has 3 banana muffins, 3 poppy seed muffins, 3 spice muffins and 3 blurry muffins she put 1/2 of the muffins on a late how many muffins did janna put on the plate

Answers

Answer:

  6

Step-by-step explanation:

Jana had a total of 3+3+3+3 = 12 muffins. Half that number is 3+3 = 6 muffins.

Jana put 6 muffins on the plate.

51: Y = 3: 5 value of Y​

Answers

Answer:Y=25:3

Step-by-step explanation:

Answer:

51 : 85 = 3 : 5

Step-by-step explanation:

51 : Y = 3 : 551 ÷ 17 = 3•To find the Y we should multiply 5 by 17 5 × 17 = 8551 : 85 = 3 : 5•Checking51 ÷ 17 = 3 ; 85 ÷ 17 = 5

[tex]\tt{ \green{P} \orange{s} \red{y} \blue{x} \pink{c} \purple{h} \green{i} e}[/tex]

Tonya and Leo each bought a cell phone at the same time. The trade-in values, in dollars, of the cell phones are modeled by the given functions, where x is the number of months that each person has owned the phone.

Answers

Answer:

The answer is: Leo's phone had the greater initial trade-in value. Tonya's phone decreases at an average rate slower than the trade in value of Leo's phone.

Step-by-step explanation:

I got it right. Hope this helps.

The initial trade-in value of Tonia's phone is greater when compared with Leo's    

There is a decrease in the trade-in value of Leo's phone at an average slower rate

[tex]f(x) = 490\times 0.88[/tex]

[tex](x)[/tex] ⇒ [tex]g(x)[/tex]

[tex]0[/tex] ⇒ [tex]480[/tex]

[tex]2[/tex] ⇒ [tex]360[/tex]

[tex]4[/tex] ⇒ [tex]470[/tex]

Now we will solve with the greater initial value

The initial value is when x = 0. So, we have

[tex]f(x) = 490 \times o.88^x\\\ f(o) = 490 \times 0.88 ^0\\f(0 =490 \times 1 \\f(o) = 490[/tex]

From leos table

[tex]g(0) = 480\\f(0) > g(o)\\i.e \\490 > 480[/tex]

So Tonia had a greater initial value

Solving (b): The phone with a lesser rate

y [tex]y = a b ^ x[/tex]

An exponential function is:

where [tex]b \rightarrow rate[/tex]

For Tonia

[tex]b = o.88[/tex]

For Leo we have

[tex](x_{1} , y_{1} )= (0,480)\\(x_{1}, y_{1} ) = (2, 360)[/tex]

So the equation becomes

[tex]y = ab ^x \\480 = ab ^0 \\and \\360 = ab ^2[/tex]

On solving

[tex]480 = a \times 1\\a = 480[/tex]

[tex]360 = ab ^ 2[/tex]

so it becomes

[tex]480 = 360 \times b ^2 \\[/tex]

On dividing both sides by [tex]480[/tex]  we get

[tex]b ^ 2 = 0.87[/tex]

[tex]b ^ 2 = 0.75[/tex]

On taking square root we get

[tex]b = 0.87[/tex]

In comparison, we get Leo's rate is slower.

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Why is a rhombus considered a type of quadrilateral?

Answers

Answer:

Well a rhombus is considered a quadrilateral because it has 4 sides and 4 angles.

Just like a square and rectangle they both are quadrilaterals with 4 angles and sides.

A rhombus is considered a type of quadrilateral because it has four sides and four angles

How to determine the reason?

As a general rule, a shape that is considered a quadrilateral must have:

4 sides4 angles

Since a rhombus has four sides and four angles, then it is considered a type of quadrilateral

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PLEASE HELP ASAP RN!!!!!!

Answers

Answer:

3sqrt(2)

Step-by-step explanation:

sqrt(32) - sqrt(2)

rewriting sqrt(32)

sqrt(16*2) - sqrt(2)

sqrt(16) * sqrt(2)  - sqrt(2)

4 sqrt(2) - sqrt(2)

3sqrt(2)

e lifetimes of lightbulbs of a particular type are normally distributed with a mean of290 hours and astandard deviation of6 hours. What percentage of the bulbs have lifetimes that lie within 1 standarddeviation to either side of the mean

Answers

Answer:

Step-by-step explanation:

[tex]p(\overline{X}-\sigma \leq X \leq \overline{X}+\sigma)\\\\=p(\dfrac{\overline{X}-\sigma -\overline{X} }{\sigma} \leq Z \leq \dfrac{\overline{X}+\sigma -\overline{X} }{\sigma} )\\\\=p ( -1 \leq Z \leq 1)\\\\=2*(\ p (Z \leq 1)-0.5)\\\\=2*(0.8413-0.5)\\\\=0.6826\\\\\approx{68\%}[/tex]

Hi I cannot seem to get this question correct

Answers

Answer:

150000 doctoral degrees

Step-by-step explanation:

From the graph attached,

At t = 0 represents the year 2005 and each unit of y-axis represents 10000 degrees.

Number of approximate number of degrees awarded to women in 2008,

f'(3) = 2.25

Similarly, number of doctoral degrees awarded from 2009 to 2013 are,

f'(4) = 2.5

f'(5) = 2.5

f'(6) = 2.5

f'(7) = 2.5

f'(8) = 2.75

Total number of degrees awarded to women from the start of 2008 to the start of 2014 = (2.25 + 2.5 + 2.5 + 2.5 + 2.5 + 2.75 ) × 10000

= 15 × 10000

= 150000

Anand needs to hire a plumber. He's considering a plumber that charges an initia
hourly rate of $28. The plumber only charges for a whole number of hours. Anar
more than $250, and he wonders how many hours of work he can afford.
Let H represent the whole number of hours that the plumber works.
1) Which inequality describes this scenario?
Choose 1 answer:
28 - 65H <250

Answers

Complete question :

Anand needs to hire a plumber. He's considering a plumber that charges an initial fee of $65 along with an

hourly rate of $28. The plumber only charges for a whole number of hours. Anand would like to spend no more than $250, and he wonders how many hours of work he can afford.

Let H represent the whole number of hours that the plumber works.

1) Which inequality describes this scenario?

Choose 1 answer:

A. 28 + 65H < 250

B. 28 + 65H > 250

C. 65 + 28H < 250

D. 65 +28H > 250

2) What is the largest whole number of hours that Anand can afford?​

Answer:

65 + 28H < 250

Number of hours Anand can afford = 6 hours

Step-by-step explanation:

Given the following information :

Initial hourly rate = $65

Hourly rate = $28

Number of hours worked (whole number) = H

Maximum budgeted amount to spend = $250

Therefore ;

(Initial charge + total charge in hours) should not be more than $250

$65 + ($28*H) < $250

65 + 28H < 250

Number of hours Anand can afford :

65 + 28H < 250

28H < 250 - 65

28H < 185

H < (185 / 28)

H < 6.61

Sinve H is a whole number, the number of hours he can afford is 6 hours

Answer:

65 + 28H < 250

6
Step-by-step explanation:

tried it, it worked.
the other answer is correct but hard to understand so give them thanks and 4 star :)

a kicker starts a football game by "kicking off". The quadratic function y = -10x^2 + 25x models football's height after x seconds. How long, in seconds, is the football in the air?​

Answers

Answer:  2.5 seconds

Step-by-step explanation:

x refers to time. Since we want to know how long it is in the air, we need to find the time (x) for the ball to land on the ground (y = 0)

0 = -10x² + 25x

0 = -5x(2x - 5)

0 = -5x     0 = 2x - 5

[tex]0 = x\qquad \dfrac{5}{2}=x[/tex]

x = 0 seconds is when the ball was kicked

x = 5/2 --> 2.5 seconds is when the ball landed on the ground

nishan bought 7 marbles Rs.x per each. if he gave Rs.100 to the shop keeper. what is the balance he would receive?

Answers

okookkkkkhshshshhahahahhahhehwjjrbrhrjeiejrjfhfhfjrjei

What is the product of 8.0425 x 2.6?

Answers

Answer:

20.9105

Step-by-step explanation:

8.0425

2.6

80425*26=2091050

there is 5 decimals so you move the decimal over to the left 5 times

20.9105 :)

A European study of thousands of men found that the PSA screening for prostate cancer reduced the risk of a man’s dying from prostate cancer from 3.0 percent to 2.4 percent. "But it’s already a small risk. I don’t think a difference of less than 1 percent would be of practical importance," said Ed. Do you agree with Ed’s conclusion?

Answers

Answer:

Following are the answer to this question:

Step-by-step explanation:

In the given statement, we don't agree with Ed’s conclusion, because it is not relevant simply since it is not statistically significant. The reduction of prostate cancer is the death risk, which is highly significant even if it decreases significantly. It can also be something statistically important without becoming important.

I need help badly best answer gets BRAINLIEST:)

Answers

Answer:

a = 55°, b = 65°, c = 65°, d = 60°, e = 120°, f = 60°

Step-by-step explanation:

Vertical angles are congruent. Since a and 55° are vertical angles, we know that a = 55°. Since b and 65° are vertical angles, we know that b = 65°. Alternate interior angles are congruent. Since b and c are alternate interior angles and b = 65°, we know that c = 65° as well. Since 60° and d are alternate interior angles, we know that d = 60°. Supplementary angles add up to 180°. Since d and e are supplementary and d = 60°, we know that e = 180 - 60 = 120°. Since vertical angles are congruent, we see that d and f are vertical angles and we know d = 60°, we also know that f = 60°.

Trig experts...help! Will give brainly!

Answers

64°

Step-by-step explanation:

The 36-ft distance can be regarded as the opposite side of the triangle formed by the leaning ladder while its length of 40 ft is the hypotenuse. So using the definition of a sine of an angle, we know that

[tex]\sin \theta = \dfrac{opposite}{hypotenuse} = \dfrac{36\:\text{ft}}{40\:\text{ft}}[/tex]

or

[tex]\theta = \sin^{-1}\left(\dfrac{36}{40}\right) = \sin^{-1}(0.9)[/tex]

[tex]\:\:\:\:=64°[/tex]

3
BO
Evaluate the function f(x) = x2 + 4x + 1 at the given values of the independent variable and simplify.
a. f(6)
b. f(x +9)
c. f(-x)

Answers

Answer:

a) f(6)=(6)^2+4(6)+1=65

b)f (x+9)=(x+9)^2+4 (x+9)+1=(x^2+18x+81)+(4x+36)+1=x^2+22x+117

f (-x)=(-x)^2-4x+1

Choose all options that apply. Which of the following are antiviral medications commonly used to treat the flu? | a) Azelastine Oxymetazoline c) Zanamivir O d) Oseltamivir

Answers

C. Zanamivir
Zanamivir is an inhibitor. It works by stopping the flu virus from growing and spreading inside your body, but they should be used on higher risk people only.

Determine whether the sequence converges or diverges. If it converges, find the limit. (If an answer does not exist, enter DNE.)
an = (−3^n)/(4n!)

Answers

Answer:

[tex]a_{i} = \frac{(-3)^{i}}{4\cdot i!}[/tex] converges.

Step-by-step explanation:

The convergence analysis of this sequence is done by Ratio Test. That is to say:

[tex]r = \frac{a_{n+1}}{a_{n}}[/tex], where sequence converges if and only if [tex]|r| < 1[/tex].

Let be [tex]a_{i} = \frac{(-3)^{i}}{4\cdot i!}[/tex], the ratio for the expression is:

[tex]r =-\frac{3}{n+1}[/tex]

[tex]|r| = \frac{3}{n+1}[/tex]

Inasmuch [tex]n[/tex] becomes bigger, then [tex]r \longrightarrow 0[/tex]. Hence, [tex]a_{i} = \frac{(-3)^{i}}{4\cdot i!}[/tex] converges.

If there are 25 students in a class in which 5 of the 11 guys wear glasses and 6 out of the 14 girls wear glasses- what is the probability that one of the students in the class is a guy that he wears glasses?

Answers

Answer:

6 out of 25

Step-by-step explanation:

please this is easy show working out and please get correct

Answers

Answer:

$ 180,000

Step-by-step explanation:

All we are being asked to do in this question is take the simple interest, given a principle value of $100,000, with 8 percent interest each year over a course of 10 years. This is given the simple interest formula P( 1 + rt ).

Simple Interest : P( 1 + rt ),

P = $ 100,000 ; r = 8% ; t = 10 years,

100,000( 1 + 0.08( 10 ) ) = 100,000( 1 + 0.8 ) = 100,000( 1.8 ) = 180,000

Therefore you will have to pay back a total of $ 180,000

Jessica is at a charity fundraiser and has a chance of receiving a gift. The odds in favor of receiving a gift are 5/12. Find the probability of Jessica receiving a gift.

Answers

Answer:

5/17

Step-by-step explanation:

This is a question to calculate probability from odds. The formula is given as:

A formula for calculating probability from odds is P = Odds / (Odds + 1)

From the question , we are told that the odds of receiving a gift is

= 5:12

The probability of Jessica receiving a gift =

Probability = Odds / (Odds + 1)

P = 5/12 / ( 5/12 + 1)

P = (5/12)/ (17/12)

P = 5/12 × 12/17

= 5/17

Therefore, the probability of Jessica. receiving a gift is 5/17.

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if the population of an anthill doubles every 10 days and there are currently 20 ants living in the ant hill, what will the ant hill population be in 20 days? Based on a poll, 40% of adults believe in reincarnation. Assume that 4 adults are randomly selected, and find the indicated probability. Complete parts (a) through (d) below.Required:a. The probability that exactly 3 of the 4 adults believe in reincarnation is? b. The probability that all of the selected adults believe in reincarnation is? c. The probability that at least 3 of the selected adults believe in reincarnation is? d. If 4 adults are randomlyselected, is 3 a significantly high number who believe inreincarnation? Biological method involves all the following except (a) data collection (b) observation (c) proportion (d) experiment June finds an ad on Craigslist for a used car at a price she is willing to pay in cash. She emails the seller and offers to pay $200 extra more the asking price. She asks the seller to call her immediately to work out a deal. The seller calls June and they orally agree that June will pay $5200 for the car. June is to drop by sellers house in two days with cash in hand. They do not sign a formal agreement or otherwise follow-up by email or any other writing. The next day, another buyer offers seller $5500 for the car. Seller calls June to tell her that he will sell the car to the other buyer unless she can match the price. She tells him that they already have an agreement, and refuses. June receives an email from seller later that day. The email states:Hey:I spoke with my cousin, who is an attorney. He stated that I do not have to sell you my car because we didnt sign anything, so it is not enforceable. Sorry our deal did not work out.Cheers!Required:Can June still enforce the agreement, or is it unenforceable under the Statute of Frauds? Discuss. If bacteria transformed with a recombinant pUC18 plasmid produce white colonies when grown on plates containing ampicillin and Xgal, which of the following is least likely?a. They produce -lactamase that provides resistance to ampicillin.b. They carry a vector that contains a DNA fragment inserted into the multiple cloning site.c. They produce functional -galactosidase that cleaves X-gal.d. They carry a vector with a lacZ gene that has been disrupted and rendered nonfunctional.e. They carry a vector with the bla gene used as the selectable marker. Consider the US governments policies toward the Plains Indians in the 1800s.Do you think the government was justified in using these policies?Write a two- to three-sentence response to this question. In 1638, Anne Hutchinson was banished from Massachusetts Bay Colony for 1) What is India size and location ? Which is the zero of the function f(x)=(x+3) (2x-1)(x+2) ? Consider a series RLC circuit where R=25.0 , C=35.5 F, and L=0.0940 H, that is driven at a frequency of 70.0 Hz. Determine the phase angle of the circuit in degrees. A middle school has 470 students. Regina surveys a random sample of 40 students and finds that 28 have cell phones. How many students at the school are likely to have cell phones? A. 132 students B. 188 students C. 329 students D. 338 students Please include ALL work! Simplify using calculator.. I'm not sure if i am putting it in the calculator right Look at the chore chart--write a notice and a wonder about the chart. Click on the image to see the chart. Enter ur answer QUICK does COPD damages the cardiovascular system ? true or false ? In the two-country model of international labor mobility:________ A) the long-run equilibrium assumes countries' policies place significant restrictions on migration. B) the long-run equilibrium assumes that desired migration exceeds actual migration. C) the long-run equilibrium assumes that actual migration exceeds desired migration. D) the long-run equilibrium is the result of a divergence of the real wages in the two countries. E) the long-run equilibrium assumes that desired and actual migration are equal. 'When we see something that exists in real life, there are many different ways to display imagery and importance using art. What the artist _____________ depends on what he/she wants to communicate.' how do people do in picnics apart from eating everest academy Without actually calculating any logarithms, determine which of the following intervals the sound intensity level of a sound with intensity 3.6610^4W/m^2 falls within?a. 30 and 40b. 40 and 50c. 50 and 60d. 60 and 70e. 70 and 80f. 80 and 90g. 90 and 100 A new fast-food firm predicts that the number of franchises for its products will grow at the rate dn dt = 6 t + 1 where t is the number of years, 0 t 15. TRUE OR FALSE:the rising stock market helped working class Americans save money.