Adella wants to have $10,000.00 saved in 5 years. Her local bank offers an account at 4% APR

compounding monthly. How much would she need to deposit to reach her goal?

$8000.33

$8191.67

$8189.67

$8219.29

Compound interest

Generally

A=P(1+r/n)^nt

Where

P = principal amount

r  = annual rate of interest

t  = number of years

A = amount of money after year t

n  =  number of times the interest is compounding per year.

In this case the, the n=12, since the APR is compounding monthly.

Also R=4%=4/100=0.04

t=5years

Adella wants her money to amount to $10,000 in 5 years

Then, A=$10,000

Applying the formulas

A=P(1+r/n)^nt

$10,000=P(1+0.04/12)^(12×5)

$10,000=P(1+0.003333)^60

$10,000=P(1.003333)^60

$10,000=P(1.221)

Then P=$10,000/1.221

P=$8190.008

The correct answer is the third option

It is closer to the third option than it is to the second option

answer: a video game has three difficulty levels: easy, medium, and expert. the game's scoring works in such a way that a player has to score a fixed number of points to advance to the next level, and then the scoring starts over. the total score needed to clear all three difficulty levels is 7,500. two times the number of points needed to clear the easy level is 500 more than the number of points needed to clear the medium level. twice the number of points needed to clear the medium difficulty level is 1,500 more than the number of points needed to clear the expert level. if x, y, and z represent the easy, medium, and expert levels, respectively, and a is the coefficient matrix of the system of equations modeling this situation, identify the inverse matrix, a-1, and the solution matrix, x, of the system of equations.

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answers

rauschg

rauschg · hand

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step-by-step explanation:

a and c

step-by-step explanation: