Question
Find the amount that should be invested now to accumulate the following amount, if the money is compounded as
indicated
8) $5400 at 5% compounded annually for 4 years
Expand
Transcribed Image Text

Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated 8) $5400 at 5% compounded annually for 4 years

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Math
Advanced Math

Related Advanced Math Q&A

Find answers to questions asked by students like you.

Q: Suppose that phi (x) belongs to Aut (Zn) and a is relatively prime to n.  If phi (a)=b, determine a ...

A: According to the given information it is given that:

Q: 0 then Prove: If a, b, c, a, and M are constants and M 2 су — Мx* ах*у" + bxy 0 ba c constant) if an...

A: First assume the particular function then find the conditions: yp= A x^ α is a particular solution s...

Q: A ball is dropped from a tower that is 600 m tall. Assuming only gravitational force  g = 9.8 m/sec2...

A: It is given that, a ball is dropped from a tower that is 600 m tall and g = 9.8 m/sec2.Initial speed...

Q: Using either logarithms or a graphing calculator, find the time required for the initial amount to b...

A: To work out the time taken for the compounded amout to reach the given figure under the given condit...

Q: Let E and F be two mutually exclusive events and suppose P(E) = 0.5 and P(F) = 0.3. Compute the prob...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3.Please resubmit the question and sp...

Q: X Document1 - Word AutoSave evie tucker Off ET Design References Mailings Review View Help Search Sh...

A: It is given that U is a square matrix such that UTU = I.

Q: Question is attached! Thanks.  z refers to complex number

A: Let z be a complex number.It is needed to show that 1/z is a reflection and enlargement of z.

Q: 5. Express the eigenvalue problem PP =- '1+3720 on l,2) with ø(1) = ¢(2) = (0 +4- dr dr2 in the stan...

A: The given eigenvalue problem is,

Q: A university found that  of its students withdraw without completing the introductory statistics cou...

A: “A university found that of its students withdraw without completing the introductory statistics cou...

Q: Use this in Exercises 16-21 to find a particular solution . Then find the general solution and, wher...

A: The given differential equation is

Q: What is the maximum profit in this model?

A: Assume the manufacturing company manufactures x1 units of product A, x2 units of product B and x3 un...

Q: Advanced Math Question

A: There are 5 functions given s(t) = t3, z(x) = 3x, m(x) = 12x6, f(x) = 3x + 1, g(x) = x2 Create the b...

Q: Show that the rank of the linear mapping 7.32. Bar Y3= 301 +302 y = 201 +20203, 31-02-203 1 V2 is eq...

A: To prove that the rank of the matrix (representing the given linear transformation ) is 2 and to det...

Q: There are 24 Letters in the Greek Alphabet. How many faternity and sorority names can be formed if t...

A:  For 2 digits: There are 24 choices for each letter. A 2-letter fraternity name can be made if repea...

Q: For each of the described curves, decide if the curve would be more easily given by a polar equation...

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question s...

Q: 1 2.5 4.4 2 13.6 4 20.7 4 25.6 36.2 Using the data transformation in the nonlinear regression determ...

A: Consider the given table.The given table is as follows.

Q: How do you solve this?

A: Add the slack variable S1 in the constraint -1 and add slack variable S2 in the constraint -2. After...

Q: Solve the system of equations using matrices. Use Gaussian elimination with​ back-substitution.

A: It is given that the system is  

Q: need help w d and f (lin algebra)

A: For proving the linear transformation, show that the following properties:

Q: 2) Which of the following are linear transformations from R2 - R2? (a) Shear: T(x, y) (x + cy,y) for...

A: As per norms, the first three questions ( of the multiple pars problem ) are answered. To identify t...

Q: Consider the following quadratic function 3x2 12x + 19 f(x) Find the vertex (х, у) %3 Determine whet...

A: Given:

Q: [1E q14] Question is attached, Thanks ?

A: From the given information it is needed to prove that:

Q: In Exercises 22-26 solve the initial value problem. =-ex(6 cos x 4 sin x), y(0) 1, y'(0)= 4 y"-2y' 2...

A: We need to solve the initial value problem,

Q: In Exercises 20-23 solve the initial value problem and plot the solution. у" + 4y' + 3у %3D-е-*(2+ 8...

A: Click to see the answer

Q: Exercise 10: Compute the following limits, using whatever we have learned thus far. If they do not e...

A: Hey, since there are multiple subparts posted, we will answer first 3 questions. If you want any spe...

Q: In Exercises 1-17 find a particular solution. 2. у" + Зу' + у %3 (2 — 6х) сos х — 9 sin x

A: The second order non homogeneous ordinary differential equation y’’ + 3 y’ + y = (2 – 6x) cos x – 9 ...

Q: Discrete Math problem 1. (f) see attachment.

A: 1.  f) Given:

Q: Advanced Math Question

A: Let G and G’ are any groups and f is a homomorphism from G to G’ then

Q: Determine the effective rate for $1 invested for 1 year at 8.9% compounded semiannually. %. The effe...

A: Click to see the answer

Q: A polygon is said to be convex if any line segment connecting two vertices of the polygon lies entir...

A: We need to prove that the sum of the interior angles in a convex polygon with n vertices is (n-2)π b...

Q: One coin is taken at random from a bag containing 6 nickels, 9 dimes, and 9 quarters. Let X be the v...

A: There are 6 nickels, 9 dimes and 9 quarters, then total number of coins is,

Q: Hi, there are two questions a) and b) attached  Thanks so Much!!!!

A: (a)consider the given complex number:

Q: I am stuck on this homework problem: Exercise2.5.4: Solve the initial value problem y" + 9y = cos(3x...

A: First, write the homogenous equation:

Q: Exercise 9: Suppose we are given the following: lim f(x)3, lim g(x) 0, lim h(x) -2 C C Evaluate the ...

A: Hey, since there are multiple subparts posted, we will answer first 3 questions. If you want any spe...

Q: 96. Using trig identities (NO CALCULATORS ALLOWED!!), prove the peculiar formula of John Machin (170...

A: Assume,

Q: Is there any theorem about ∞ + 0 = ∞?

A: No, there is no such theorem for this.

Q: need help with part b

A: b)  to analyze the differential equation for the population growth

Q: (3) Consider the function defined as : R -> R>0 if laT 1 2 p(x) 0 if a> np(nx), and let Kn(x) be the...

A: Consider the given function which is defined as,

Q: Solve for n: (n2 + 1)  / (n+1)   >  b

A: Given that,

Q: What is the formula to convert drops (gtts) to pounds?

A: It is known that, 1 drop of water gtts Matric = 0.00011 pounds of water lb wt.To convert a drops (gt...

Q: 3. Evaluate by hand the following To (a) (cos nwot, cos mwot)= coS nwot cos mwot dt when m tn То (b)...

A: To calculate the given trigonometric integrals

Q: 20

A: Click to see the answer

Q: 40

A: To prove the image of a normal subgroup under isomorphism is also normal in the whole group

Q: [1E q20] Question is attached, Thanks ?  PLEASE ONLY DO PART D) THANKS

A: What is the condition under which |z+w|=|z-w|?

Q: For the given conditional statement write the contrapositive, converse, and inverse

A: (a)Consider the given statements:  ‘If you can’t see my mirrors, then I can’t see you’Now, write the...

Q: please do part (b)

A: For the linear system arising from circuit theory, solve the initial value problem b)

Q: Section 3.4 Question 7

A: From the given statement, the vector form is S = (a + b, a – b + 2c, b, c)T.

Q: The revenue and cost functions for a particular product are given below. The cost and revenue are gi...

A: As per norms, the first three questions are answered. The problem concerns finding optimium (extreme...

Q: The initial tableau of a linear programming problem is given. Use the simplex method to solve it. X-...

A: Given, the simplex table of the linear programming problem is