Find the present value of $90,000 due in 5 years at the given rate of interest. (Use a 365-day year. Round your answer to the nearest cent.)
5%/year compounded daily

Answers

Answer 1

the present value of $90,000 due in 5 years at a daily interest rate of 5% is approximately $67,286.57.

We can use the present value formula for a single sum, which is:

P = F / (1 + r/n)²(n×t)

where P is the present value, F is the future value, r is the interest rate, n is the number of compounding periods per year, and t is the number of years.

In this case, F = $90,000, r = 5% = 0.05, n = 365 (since interest is compounded daily), and t = 5 years. Substituting these values into the formula, we get:

P = 90000 / (1 + 0.05/365)²(365×5)

P ≈ $67,286.57

Therefore, the present value of $90,000 due in 5 years at a daily interest rate of 5% is approximately $67,286.57.

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Related Questions

what is 28.5 inches in height?

Answers

two feet and 4.5 inches

Suppose that scores on a particular test are normally distributed with a mean of 110 and a standard deviation of 19. What is the minimum score needed to be in the top 10% of the scores on the test

Answers

To be in the top 10% of the scores on the test, a minimum score needs to be determined. Given that the scores are normally distributed with a mean of 110 and a standard deviation of 19, the specific minimum score can be calculated.

To find the minimum score needed to be in the top 10% of the scores on the test, we can use the properties of the normal distribution. Since the distribution is assumed to be normal, we know that the top 10% of scores will fall within the upper tail of the distribution.
To calculate the minimum score, we need to find the z-score corresponding to the 90th percentile (or the 10th percentile in the lower tail). Using a standard normal distribution table or a statistical calculator, we can find that the z-score for the 90th percentile is approximately 1.28.
Next, we can use the formula for transforming a z-score into a raw score in a normal distribution:
x = μ + (z * σ)
where x is the raw score, μ is the mean, z is the z-score, and σ is the standard deviation.
Plugging in the values, we have:
x = 110 + (1.28 * 19)
Calculating this, we find that the minimum score needed to be in the top 10% of the scores on the test is approximately 134.12. Therefore, a score of 134 or higher would place an individual in the top 10% of test scores.

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(7 — 2) - 10
Simplify each numerical expression

Answers

Answer:

-5

Step-by-step explanation:

7−2−10

=5−10

=-5

Answer:

-5

Step-by-step explanation:

You have to follow PEMDAS, so we would do parentheses, and 7-2 equals 5. Then we subtract 5-10 which equals -5.


What percent of all students are middle schools

What percent of all students are middle schools

Answers

125/300 x 100 = 41.6666% (or round up to 42%)

42% of all students are in middle school.

I need help to find the volume

I need help to find the volume

Answers

Answer:

320

Step-by-step explanation:

To find the volume of a rectangular prism, you simply need to multiply together the width, length, and height. 16*5*4=320 cubic centimeters. Hope this helps!

Use the table to complete the work to find the missing value. Conversion Chart Pints Ounces 3 48 7 ? 30 480 3 pints 48 ounces 11 pints ? ounces How many ounces are in 11 pints? o 144 o160 o 176 o 192​

Answers

Answer:

176 ounces (C)

Step-by-step explanation:

if you divide 48 by 3 it will give you 16 and there are 11 pints so u wanna multiply 16 and 11 to 176 ounces..

also i got it right on edge :P

Answer: 176

Step-by-step explanation:

Decide if each statement is true or false, and explain why. a) A least-squares solution 2 of Ax=b is a solution of A2 = bcol(4) b) Any solution of AT A = Ab is a least-squares solution of Ax = b. c) If A has full column rank, then Az = b has exactly one least-squares solution for every b. d) If Az = b has at least one least-squares solution for every b, then A has full row rank. e) A matrix with orthogonal columns has full row rank. f) If {₁,... Un} is a linearly independent set of vectors, then it is orthogonal. g) If Q has orthonormal columns, then the distance from a to y equals the distance from Qa to Qy. h) If A = QR, then the rows of Q form an orthonormal basis for Row(A).

Answers

The statement were False, true, true, false, true, false, true, true respectively.

a) False. A least-squares solution of Ax=b minimizes the squared residual norm ||Ax - b||². The equation A²x=b₄ implies that the squared residual norm is minimized with respect to b₄, not b. Thus, a least-squares solution of Ax=b may not necessarily be a solution of A²x=b₄.

b) True. If x is a solution of AT A = Ab, then multiplying both sides of the equation by AT gives us AT Ax = AT Ab. Since AT A is a symmetric positive-semidefinite matrix, the equation AT Ax = AT Ab is equivalent to Ax = Ab in terms of finding the minimum of the squared residual norm. Therefore, any solution of AT A = Ab is also a least-squares solution of Ax = b.

c) True. If A has full column rank, it means that the columns of A are linearly independent. In this case, the equation Ax = b has exactly one solution for every b, and this solution minimizes the squared residual norm. Therefore, Az = b has exactly one least-squares solution for every b when A has full column rank.

d) False. If Az = b has at least one least-squares solution for every b, it means that the columns of A span the entire column space. However, this does not imply that the rows of A span the entire row space, which is the condition for A to have full row rank. Therefore, the statement is false.

e) True. A matrix with orthogonal columns implies that the columns are linearly independent. If the columns of A are linearly independent, it means that the column space of A is equal to the entire vector space. Therefore, the matrix has full row rank.

f) False. A linearly independent set of vectors does not necessarily mean that the vectors are orthogonal. Linear independence refers to the vectors not being expressible as a linear combination of each other, while orthogonality means that the vectors are mutually perpendicular. Therefore, the statement is false.

g) True. If Q has orthonormal columns, it means that Q is an orthogonal matrix. The distance between two vectors a and y is given by ||a - y||, and the distance between their orthogonal projections onto the column space of Q is given by ||Qa - Qy||. Since Q is an orthogonal matrix, it preserves distances, and therefore the distance from a to y equals the distance from Qa to Qy.

h) True. If A = QR, where Q is an orthogonal matrix and R is an upper triangular matrix, then the rows of Q form an orthonormal basis for the row space of A. This is because the row space of A is equal to the row space of R, and the rows of R are orthogonal to each other. Therefore, the rows of Q form an orthonormal basis for Row(A).

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S2#3) What is the constant rate of change of the line that passes through the points (1, -3) and (13, 3)?

Answers

Answer:

1/2 is the slope

Step-by-step explanation:

S2#3) What is the constant rate of change of the line that passes through the points (1, -3) and (13,

8x^2x WHATS THE STANDARD FORM WHATS THE COEFFICIENT QUICKLY PLSS

Answers

8x3 answer correct good.

The measures of the exterior angles of a hexagon are x°, 2x°, 4x°, 6x°, 7x°, and 10x°. Find the measure of the smallest exterior angle.

Answers

Answer

x is the smallest angle so 12 is the answer.

Step-by-step explanation:

x + 2x + 4x + 6x + 7x + 10x = 360 degree (sum of exterior angles of a hexagon)

30x = 360

x = 360/30

x = 12

the smallest exterior angle of hexagon is 12 degree.

The measure of the smallest exterior angle is 12 degrees.

What is Polygon?

Polygon is a plane figure that is described by a finite number of straight line segments connected to form a closed polygonal chain.

A hexagon is a six-sided polygon or 6-gon creating the outline of a cube.

The measures of the exterior angles of a hexagon are x°, 2x°, 4x°, 6x°, 7x°, and 10x°.

We need to find the smallest exterior angle which is x.

we know that the sum of the exterior angles of any polygon is always equal to 360.

x° + 2x° + 4x° + 6x° + 7x° + 10x° = 360

30x=360

Divide both sides by 30

x=360/30

x=12

Hence, the measure of the smallest exterior angle is 12 degrees.

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PLEASE HELP ILL GIVE BRAINIEST

PLEASE HELP ILL GIVE BRAINIEST

Answers

Answer:

2.25

Step-by-step explanation:

Consider the function given below: (defun things (x) (if (null x ) '() (if (>(carx) 10) (cons(+(carx) 1) (things (cdrx))) (cons (- (car x) 1) (things (codr x)) ) 1 ) 1 Show the evolution resulting from the following call: USP> (things '(11-2 31))

Answers

The evolution of the function call (things '(11 -2 31)) is as follows:

(things '(11 -2 31)) -> (things '(-2 31)) -> (things '(31)) -> (things '()) -> '() the final result of the given call is '().

The given function is a recursive function called "things" that takes a list as input. It checks if the list is empty (null), and if so, it returns an empty list. Otherwise, it checks if the first element of the list (car x) is greater than 10. If it is, it adds 1 to the first element and recursively calls the "things" function on the rest of the list (cdr x). If the first element is not greater than 10, it subtracts 1 from the first element and recursively calls the "things" function on the rest of the list. The function then returns the result.

Now, let's see the evolution resulting from the call (things '(11 -2 31)):

1. (things '(11 -2 31))

  Since the list is not empty, we move to the next if statement.

  The first element (car x) is 11, which is greater than 10, so we add 1 to it and recursively call the "things" function on the rest of the list.

  The recursive call is (things '(-2 31)).

2. (things '(-2 31))

  Again, the list is not empty.

  The first element (car x) is -2, which is not greater than 10, so we subtract 1 from it and recursively call the "things" function on the rest of the list.

  The recursive call is (things '(31)).

3. (things '(31))

  The list is still not empty.

  The first element (car x) is 31, which is greater than 10, so we add 1 to it and recursively call the "things" function on the rest of the list.

  The recursive call is (things '()).

4. (things '())

  The list is now empty, so the function returns an empty list.

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A circle has a radius of 3 units. What is the area of the circle? Round to the nearest hundredth. Use 3.14 for pi.

Answers

Answer:

Step-by-step explanation:

Ac=3.14*r^2

Ac=9*3.14=28.27

The dimensions of a rectangular prism is 24 ft 20 feet and 15 feet what is the volume

Answers

Answer: 7200

Step-by-step explanation: the formulae is w times l times h. So you just multiply them all together. 24x15x20= 7200

A pentagon has angle measures of 100, 105, 110, and 115. Find the fifth angle measure.

Answers

Answer:

110

Step-by-step explanation:

If y = 6, then what is the value of x if(y = 5x – 6)?
A. 7 1/5
B. 7
C. 2 2/5
D. 0

Answers

9514 1404 393

Answer:

  C.  2 2/5

Step-by-step explanation:

Put in the given value of y and solve for x.

  6 = 5x -6

  12 = 5x . . . . . . . . . add 6

  12/5 = x = 2 2/5 . . . divide by 5, express as mixed number

Assume that females have pulse rates that are normally distributed with a mean of p= 75.0 beats per minute and a standard deviation of o= 125 beats per minutea. If 1 adult female is randomly selected, find the probability that her pulse rate is less than 82 beats per minuteThe probability is

Answers

We have a normally distributed population with a mean of 75 and a standard deviation of 125. The probability of finding a female with a pulse rate smaller than 82 is given by the area under the curve of the corresponding normal distribution from negative infinte to 82. In order to find this area first we need to pass from our normal distribution to one with a mean value of 0 and a standard deviation of 1. In order to do this we do the following calculation:

\(\frac{x-p}{o}=\frac{x-75}{125}\)

So we take x=82:

\(\frac{82-75}{125}=0.056\)

This value is known as the z value. It indicates the value of 82 in the [0,1] normal distribution. The following step is to look for this value in a z-table. Since 0.05 is the closest smaller value to 0.056 in the table we choose it:

So for a z value of 0.05 the table give us the number 0.5199. This means that the area under the curve between negative infinite and 82 beats per minute is 0.5199*total area under the curve. This means that the probability to find a female with a pulse under 82 beats is 0.5199. As a percentage it would be 51.99%.

Assume that females have pulse rates that are normally distributed with a mean of p= 75.0 beats per minute

Test the exactness of ODE, if not, use an integrating factor to make exact and then find general solution: (2xy-2y^2 e^3x)dx + (x^2 - 2 ye^2x)dy = 0.

Answers

It is requred to test the exactness of the given ODE and then find its general solution. Then, if the given ODE is not exact, an integrating factor must be used to make it exact.

This given ODE is:(2xy - 2y²e^(3x))dx + (x² - 2ye^(2x))dy = 0.To verify the exactness of the given ODE, we determine whether or not ∂Q/∂x = ∂P/∂y, where P and Q are the coefficients of dx and dy respectively, as follows: P = 2xy - 2y²e^(3x) and Q = x² - 2ye^(2x).Then, we have ∂P/∂y = 2x - 4ye^(3x) and ∂Q/∂x = 2x - 4ye^(2x).Thus, since ∂Q/∂x = ∂P/∂y, the given ODE is exact.To solve the given ODE, we have to find a function F(x,y) that satisfies the equation Mdx + Ndy = 0, where M and N are the coefficients of dx and dy respectively. This is accomplished by integrating both P and Q with respect to their respective variables. We have:∫Pdx = ∫(2xy - 2y²e^(3x))dx = x²y - y²e^(3x) + g(y), where g(y) is a function of y. We differentiate both sides of this equation with respect to y, set it equal to Q, and then solve for g(y). We have:(d/dy)(x²y - y²e^(3x) + g(y)) = x² - 2ye^(2x)Thus, g'(y) = 0 and g(y) = C, where C is a constant.Substituting the value of g(y) in the equation above, we get:x²y - y²e^(3x) + C = 0, as the general solution.The given ODE is exact, so we can solve it by finding a function that satisfies the equation Mdx + Ndy = 0. After integrating both P and Q with respect to their respective variables, we find that the general solution of the given ODE is x²y - y²e^(3x) + C = 0.

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Organize from least to greatest 3, -2, 5, 0 , -7

Answers

Answer:

-7     least

-2

0       To

3

5.   Greatest

Answer:

-7, -2, 0, 3, 5

Step-by-step explanation:

The slope of the line whose equation is 3 x - 2 y = 4 is:

A. 2/3

B. -2

C. 3/2

Answers

Answer:

c 3/2

Step-by-step explanation:

Yolanda takes out a loan for her college tuition from a bank that charges simple interest at an annual rate of 8.95%. Her loan is for $2900 for 11 months. Assume each month is 1/2 of a year. Answer each part below.
Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of Onancial formulas.

Answers

If the rate of interest is 8.95% and the loan amount is $2900 for 11 months then the amount to be charged after 11 months will be $3137.92.

Given that the rate of interest is 8.95%, loan amount is $2900 and the number of months is 11 and we have to assume each month be 1/12 of a year.

We are required to find the amount to be charged after 11 months.

Simple interest is basically calculated by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

Loan amount=$2900

Interest rate=8.95%

Months=11

Interest of 11 months=(2900*8.95*11/1200)

=$237.92

Total amount=$2900+237.92

=$3137.92

Hence if the rate of interest is 8.95% and the loan amount is $2900 for 11 months then the amount to be charged after 11 months will be $3137.92.

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One line in the question is wrong. The correct line that we have to assume each month be 1/12 of a year.

For a lower tail hypothesis test with a sample size of 16 and a 0.10 level of significance, what is the critical value of the test statistic t?

Answers

The critical value of the test statistic t for a lower tail hypothesis test with a sample size of 16 and a 0.10 level of significance is approximately -1.341.

In a lower tail hypothesis test, we need to determine the critical value of the test statistic t.

With a sample size of 16 and a significance level of 0.10, we first calculate the degrees of freedom as 16 - 1 = 15.

Using statistical tables or software, we find that the critical value for a one-tailed test with 15 degrees of freedom and a significance level of 0.10 is approximately -1.341.

This critical value serves as a threshold. If the calculated t-statistic falls below -1.341, we reject the null hypothesis in favor of the alternative hypothesis at the 0.10 level of significance.

It indicates the point at which the observed data would be considered statistically significant enough to support rejecting the null hypothesis in favor of the alternative.

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please help me with this

please help me with this

Answers

Answer:

false

Step-by-step explanation:

If it was at least 2, it would show x>= 2 which includes 2. However, that question doesn't include 2 so if it is true, it would have said "X is greater than 2"

Answer: False

Step-by-step explanation:  When x is at least 2, x would be greater than or equal to 2.  X cannot be less than 2.  So, it should be x >= 2.

Hope this helped.

What is log152³ rewritten using the power property?

O log155
O log156
O 2log153
O 3log152​

Answers

Answer:

3log152

Step-by-step explanation:

using the rule of logarithms

log\(x^{n}\) = nlogx

then

log152³

= 3log152

I need help on the question in the picture.

I need help on the question in the picture.

Answers

Answer:

A. There is no solution

Step-by-step explanation:

\(\frac{1}{3}\)(12x - 6) = 4x - 9

Evaluate.

4x - 2 = 4x - 9

Deduct 4x from both sides of the equation.

-2 = -9

Multiply both sides by (-1).

2 ≠ 9

Since 2 does not equal to 9, this equation does not make sense and thus does not have a solution.


y varies directly with x .
If y=5 when x=-3 , find x when y=-1 .

Answers

Using direct variation, the value of x for equation y = 5/-3 (x) is 3/5 when y = -1

What is direct and inverse variation?

When x is not equal to zero, an equation of the form y = kx describes the linear function known as direct variation. When x is not equal to zero and k is a nonzero real number constant, the equation of the form xy = k describes the nonlinear function known as inverse variation.

Using direct variation,

y = kx

⇒ 5 = k(-3)

⇒ k = 5 / -3

for y = -1

y = 5/-3 (x)

⇒ -1 = 5/-3 × x

⇒ x = 3/5

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A Curve has the equation y=kx^2 +1 And a line has the equation y=kx where

K is a
non-zero
Constant
1)Find the Set
the value of k
for which the
curve and line have no common point.
(1) state the value for which the line is a
tangent to the Curve and for this case, find the coordinates
of the point where the line
touches the curves

Answers

The set of the value for which the curve and line have no common point are is k ∈ (0 , 4).

The value for which the line is a tangent is k = 4.

The coordinates of the point where the line touches the curves is point of tangency = ( 1/2 , 2).

What is tangent?

Tangents in geometry are lines or planes that contact curves or surfaces at points where they are closer to the curve than any other lines or planes drawn through those points.

Given equations in the question:

y = kx² + 1  

y = kx

Equating y

kx² + 1   = kx

kx² -kx  + 1 =  0

This is Quadratic equation is of the form ax²+bx+c=0  where a  , b and c are real also  a≠0.

D =  b²-4ac is called discriminant.

and we know that,

D >0 roots are real and distinct

D =0 roots are real and equal

D < 0 roots are imaginary ( not real ) and different

For no common solution  D < 0

For tangent  D = 0

so,

kx² -kx  + 1 =  0

D = (-k)² - 4k  = k² - 4k = k(k - 4)

k(k - 4) < 0

if  0 < k < 4

Hence values of k for which the curve and the line have no common points is k ∈ (0 , 4).

for tangent

k(k - 4)  = 0

k is non zero

Hence k = 4

After putting the value of k, given equations are:

y = 4x² + 1  

y = 4x

solving these equations to get value of x and y:

4x² + 1   = 4x

4x² - 4x + 1 = 0

(2x - 1)² = 0

x = 1/2

y = 2

Point of tangency = ( 1/2 , 2)

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If Angle 3 is 38 degrees, what is the measure of angle 8?

If Angle 3 is 38 degrees, what is the measure of angle 8?

Answers

Angle 3 and Angle 8 form a linear pair.

Linear Pair is a pair of angles that form a straight angle.

A straight angle is 180 degrees.

Now,

We can write:

\(\angle3+\angle8=180\degree\)

We know Angle 3 is 38, so we substitute and figure out Angle 8. Shown below:

\(\begin{gathered} \angle3+\angle8=180\degree \\ 38\degree+\angle8=180\degree \\ \angle8=180-38 \\ \angle8=142\degree \end{gathered}\)

The math book was originally $10. the bookstore placed it on sale for $5. find the percent of decrease

Answers

Answer: 50%

Step-by-step explanation: math

. find a set of largest possible size that is a subset of both {1, 2, 3, 4, 5} and {2, 4, 6, 8, 10}.

Answers

The largest possible set that is a subset of both {1, 2, 3, 4, 5} and {2, 4, 6, 8, 10} is {2, 4}. This is because these are the only numbers that appear in both sets.

Any larger subset would contain numbers that are not present in one of the sets, thus making it not a subset of both.
 To find a set of the largest possible size that is a subset of both {1, 2, 3, 4, 5} and {2, 4, 6, 8, 10}, you need to identify the elements that are common to both sets. In this case, the elements are {2, 4}. Therefore, the largest possible subset is {2, 4}.

Sets are essentially a well-organized grouping of items. Sets may be represented as set builders or as rosters. The items that make up a set are referred to as the set's elements. These components can be combined to create a smaller set than the original set. For instance, if 'a' is a member of set A, it is written as follows:

A is equivalent to where is "belongs to".

However, if 'b' is not a part of A, we represent it as follows: b = A, where is the symbol for "doesn't belong to"

The term "subset" is analogous to terms like "subdivision," "subcontinent," etc. Due to the fact that the common part, "sub," is a prefix whose proper meaning in this context is creating a part from a whole.

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The impact of the cry of Balintawak/Pugadlawin in our quest for political, economic and social equality Write 4.1 x 10 to the fifth power in standard form According to Gamson, who was largely responsible for "queer activism"?a.radical gaysb.anti-assimilationistsc.bisexual and transgendered peopled.gay academics outline any four non price competition strategies that food outlets like Nandis ,KFC, Chicken licken and other businesses specialising in chicken, employ to use esure their operational success in the monolistc campetitive firm Complete the rhyme scheme.AABBThe earth has guilt, the earth has care,Unquiet are its graves;But peaceful sleep is ever there,Beneath the dark blue waves.From Nathaniel Hawthorne, "The Ocean" Explain how this demonstration models the way in which the intensity of sunlight shining on Earth changes over the course of the year. Be detailed in your explanation. Which of the following is true of a buffered solution? Group of answer choices All of these are true The solution resists any change in its [H+]. The pH of the solution will not change much even if a concentrated acid is added. Any H+ ions added will react with a conjugate base of a weak acid already in thye solution. The pH of the solution will not change much even if a strong base is added. Solve the problem. 6) A pick-up truck is fitted with new tires which have a diameter of 43 inches. How fast will the pick-up truck be moving when the wheels are rotating at 345 revolutions per minute? if a three sided triangle had a side that was 99 degrees and a side that was 47 degrees what would the third side be You are an entrepreneur starting a biotechnology firm. If your research is successful, the technology can be sold for $30 million. If your research is unsuccessful, it will be worth nothing. To fund your research, you need to raise $2. 0 million. Investors are willing to provide you with $2. 0 million in initial capital in exchange for 50%of the unlevered equity in the firm. a. What is the total market value of the firm without leverage?b. Suppose you borrow $1. 0 million. According to MM, what fraction of the firm's equity will you need to sell to raise the additional $1. 0million you need?c. What is the value of your share of thefirm's equity in cases(a)and(b)? 178 N-m 120 N-m 100 N-m None of the above A16. In an AC power system, a capacitor can be connected across the line and neutral wires to correct the power factor of a load. A 2-hp air conditioner draws 8.5A current with a lagging power factor 0.8 at 220V. The line frequency of the power system is 50 Hz. What is the value of the capacitor in order to correct the power factor to unity? SA DIO 46.4 73.8 F 30 H 230 V 464 F Load (b) (c) (d) (e) 19.32 F None of the above a A17. A single-phase 7.46 kW motor is supplied from a 400 V, 50 Hz AC source. Its efficiency is 85 % and the power factor 0.8 lagging, calculate the kVA input. (a) (b) (c) (d) 5.97 kVA 9.325 kVA 10.97 kVA 8.78 kVA None of the above the resistance