Apollo Enterprises has been awarded an insurance settlement of $6,000 at the end of each 6 month period for the next 12 years. calculate how much (in $) the insurance company must set aside now at 6% interest compounded semiannually to pay this obligation to Apollo

Answers

Answer 1

$12180 the insurance company must set aside now at 6% interest compounded semiannually to pay this obligation to Apollo.

This is a problem from the compound interest system. We can solve this problem by following a few steps.

Apollo Enterprises has been awarded an insurance settlement of $6,000 at the end of each 6-month period for the next 12 years with a 6% interest rate. We have to calculate the total amount after 12 years.

To solve this problem we should know the formula for the compound interest method.

Formula:-

A = P {(1 + r/n)^(n.t)}

Here,

A denotes the final amount, we have to find this.P denotes the initial principal balance which is $6,000r denotes the interest rate which is 6%n denotes the number of times interest is applied per time period which is 12/6 = 2. t denotes the number of time periods elapsed which is 12 years.

Now, we can calculate the value of A.

A = 6000 {( 1 + 6/200 )^2.12} = 6000 ( 1 + 6/200 )^24 = 6000 × 2.03 = 12180

Therefore, the total amount after 12 years is $12180

         

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Related Questions

Use intercepts to graph the line described by the equation.4y =5x +20

Answers

We have to graph the equation 4y=5x+20 using the intercepts.

First we are going to find the y-intercept of the line, to do this we have to remember that the line intercepts the y-axis when x=0. Plugging this value of x in the equation we have

[tex]\begin{gathered} 4y=5(0)+20 \\ 4y=20 \\ y=\frac{20}{4} \\ y=5 \end{gathered}[/tex]

Hence the y-intercept is 5. This represents the point (0,5).

Now we draw this point on the graph:

Now we have to find the x-intercept of the line, this happens when y=0. Plugging this value of y in the equation we have that

[tex]\begin{gathered} 4(0)=5x+20 \\ 0=5x+20 \\ 5x=-20 \\ x=-\frac{20}{5} \\ x=-4 \end{gathered}[/tex]

Then, the x-intercept is -4. This represents the point (-4,0).

Drawing this point on the graph we have.

Now we only connect the points with a straight line:

That's the graph of the line that we find with the intercepts.

Identify the sample space of the probability experiment and determine the number of outcomes in the sample space.

randomly chosing a number from the even number between 10 and 20 nclusive

Answers

For the given experiment, the sample space has 6 elements which are:

{10, 12, 14, 16, 18, 20}

How to identify the sample space?

For any experiment with different outputs (each output with a defined probability).

We define the sample space as the set of all the possible outcomes of the experiment.

Now, the experiment here is:

"randomly choosing a number from the even number between 10 and 20 inclusive"

So the possible outcomes are all the even numbers on the interval [10, 20]

Then the sample space of the experiment is:

{10, 12, 14, 16, 18, 20}

It has 6 elements.

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Rewrite y = a (2)¹/3 in the form y = a(1+r) or y = a(1-r)'. Round each value to the nearest hundredth, if necessary. Then state the growth or decay rate.yoThe rate is about %.This is a rate.

Answers

we have the equation

[tex]y=a(2)^{\frac{t}{3}}[/tex]

Rewrite the given equation

[tex]\begin{gathered} y=a(2^{\frac{1}{3}})^t \\ y=a(1.26)^t \\ y=a(1+0.26)^t \end{gathered}[/tex]

the base of the exponential function is b=1.26

1.26 > 1

that means

is an exponential growth function

1+r=1.26

r=1.26-1

r=0.26

therefore

The rate is about 26%This is a growth rate

Miles has 327 action figures and 4 shoeboxes to store them in.Does miles have enough shoe boxes? ,if not, how many action figures are left over?

Answers

Step 1:

Concept

To find out if Miles has enough shoeboxes to fit all 327 of his action figures, we first need to find the amount of action figures his current amount of shoeboxes can store. We can do this by multiplying the amount of shoeboxes Miles has by the amount of action figures each shoebox can hold.

Step 2:

Shoe boxes can contain 80

Total = 4 x 80 = 320

Step 3

There will be 7 left

Left over = 7

please help with this practice question asap

Answers

The slope of the line passing through the points (4, -5), (-4, -5) is m = 0.

What do we mean by a slope?The slope of a line can be used to gauge how steep it is.Mathematically, the slope is calculated as "rise over run" (change in y divided by change in x).Every time the equation of a line is written as y = mx + b, the slope-intercept form of the equation is used.The slope of the line is shown by M.B is the value of b at the location of the y-intercept (0, b).For instance, y = 3x - 7 has a slope and y-intercept of 3 and 0, respectively.

So, the slope of (4, -5) (-4, -5):

The slope formula: m = y₂ - y₁/x₂ - x₁

Now, substitute the values in the formula and find the slope as follows:

m = y₂ - y₁/x₂ - x₁m = (-5) - (-5)/(-4) - 4m = -5 + 5/-4 - 4m = 0/-8m = 0

Therefore, the slope of the line passing through the points (4, -5), (-4, -5) is

m = 0.

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help meeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Answers

Answer:

55.17

Step-by-step explanation:

[tex]P(0)=0.023(0)^3-0.289(0)^2+3.068(0)+55.170=55.17[/tex]

In Richmond, Virginia, the average daily high temperature
was 90°F for July. The average daily low temperature for
the same month was 69°F. If a day's temperature change
is measured by comparing the morning/low temperature
to the afternoon/high temperature, what is the percent of
increase between the average low and high temperatures
in July? Round your answer to the tenths place.

Answers

The percent of increase between the average low and high temperatures

in July would be = 26°F

What is temperature range?

Temperature range is defined as the difference between the degree of hotness and coldness of two different places.

The average daily high temperature of the month = 90°F

The average daily low temperature of the month = 69°F

The temperature difference between the two ranges = 90 -69 = 21°F

When both temperature are compared = 90+69/2 = 159/2 = 79.5°F

The percent increase of daily low temperature;

= 21/79.5 × 100/1

= 2100/79.5

= 26.4

= 26°F ( nearest to the tenth place)

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What is the correct answer

Answers

In transversal lines, All angles are equal and parallel, so  TV ║ WY  are    parallel lines .                                      

                                           

What are transversal lines?

A line that crosses two lines in the same plane at two different geometric locations is referred to as a transversal. Different sorts of angles in pairs, including successive internal angles, corresponding angles, and alternate angles, are produced by a transversal intersection with two lines.A line that crosses other lines is known as a transversal. When transversals intersect parallel lines, such as the two railroad tracks, we often operate with them.

∠TUX  ≅  ∠UXY               ( Alternate angle)

∠SUV ≅  ∠TUX                 ( Vertically angle)

∠UXY ≅  ∠SUV                  ( Interior angle )

 TV ║ WY                          ( All angles are equal and parallel, so  TV ║ WY                                        

                                              are    parallel lines .

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This data shows the height of 10 trees, in metres, after 5 years’ growth.

2.1

2.5

2.2

2.4

2.2

2.7

2.4

2.3

1.9

2.6

Calculate the median, showing your answer to two decimal places and remembering to include units with your answer.

Answers

The median of the given data would be 2.35 meters.

What is the median of data?

The median is defined as the value range. To get it, arrange the numbers in ascending order from smallest to largest, then hide one number on either end until you reach the center.

The given set of data as:

{2.1, 2.5, 2.2, 2.4, 2.2, 2.7, 2.4, 2.3, 1.9, 2.6}

Arrange the data in ascending order.

1.9, 2.1, 2.2, 2.2, 2.3, 2.4, 2.4, 2.5, 2.6, 2.7

Since the number of elements in the data set is 10.

Median = [(n/2)th term + ((n/2) + 1)th term]/2

Median = [(10/2)th term + ((10/2) + 1)th term]/2

Median = [5th term + 6th term]/2

Median = [2.3 + 2.4]/2

Median = 4.7/2

Median = 2.35

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Need Help ASAP...PLEASEEEEEEEEEEEEEE HELLPPPPPP

Answers

The value of x would be 70° which is the correct answer would be an option (C).

What is the Exterior Angle?

Exterior Angle is defined as an angle produced on the outside of a polygon by extending the sides of the polygon.

To determine the measure of an Exterior angle of a polygon:

First, we have to find the measure of the supplemental interior angle

Then write the equation: Int. + ext. = 180

Here take an interior angle = 93°, find its Exterior angle

⇒  93 + ext. = 180 ⇒  ext. = 180 - 93 = 87°

Since the sum of all exterior angles of a convex polygon = 360°

As per the given figure,

⇒ x° + 52° + 87° + (x+3)° + 78° = 360°

Combine the likewise terms to get,

⇒ 2x + 220 = 360

⇒ 2x = 360 - 220

⇒ 2x = 140

⇒ x = 70

Therefore, the value of x would be 70°.

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7.) A jug of egg nog sells for $5.12One jug holds(128 ounces. What is the unit priceper ounce?

Answers

To find the unit price per ounce, we just need to divide the total price by the total amount of egg nog(in ounces). The total price is $5.12 and the amount of egg nog is 128 ounces, therefore, the unit price per ounce is

[tex]\frac{5.12}{128}=0.04[/tex]

$0.04.

I need help on this question

Answers

DA bisects EB

then

DC is congruent with AC

EC is congruent with BC

and

ED is congruent with AB

Consider the following equation. State any restrictions on the variable, if they exist.

Answers

In equation like this one, the restriction happens when there are variables in the denominator. Since the denominator can't be equal to zero, when we have a variable in the denominator, we have to find the restrictions to the variable.

However, in this case, no denominator have variables in it.

So, in this case, there is no restriction for the values of x.

The science club took a survey to see how many hours each member in the club worked on a science project. The table below
shows the results of the survey.
Students Hours
Greta
16
Juan
14
Mika
20
Paulo
18
Su-Lin
16
Tanika
31
Darnell
13
Wesley
24
What is the mean (average) number of hours the students worked on the science project?
OA. 21
OB. 19
OC. 20
18

Answers

Answer: 19

Step-by-step explanation:

To find an average, you take each of your values, add them, and then divide by the numbers of values you have. There were 8 students interviewed, so your total numbers of values is 8.

Addition: 16 + 14 + 20 + 18 + 16 + 31 + 13 + 24 = 152

Division: 152 ÷ 8 = 19

Help I’m completely lost on this I have no clue what I’m doing. I’ve tried 3 times

Answers

Answer:

Explanation:

Given the equation:

[tex]undefined[/tex]

fx) -2 x 14 11 3 5 5 4 -8 Determine the Solution utilizing the Table of Values* (1 Point)

Answers

[tex]f(5)=-8[/tex]

The domain x with the value of 5 according to the table has a range value of -8.

A. -8

How much to the nearest penny will we have if he uses this investment? Round to the nearest cent if needed

Answers

Given:

Principal P (Initial amount) =$5100

Rate(R)= 2.75

Time(t) = 16 months = 16/12 ( In years)

We can proceed to calculate the interest using the formula below:

[tex]S\mathrm{}I=\frac{P\times R\times T}{100}[/tex][tex]=\frac{5100\times2.75\times\frac{16}{12}}{100}[/tex]

[tex]=\frac{5100\times2.75\times16}{100\times12}[/tex][tex]=\text{ \$187}[/tex]

The amount he has for the investement = 5100 + 187 = $5287

what digit is in the

Answers

The decimal number is given 16.837

Convert into fractional form by removing the decimal from the given number.

[tex]16.837=\frac{16837}{1000}[/tex]

Hence the fractional notation determined is

[tex]\frac{16837}{1000}[/tex]

Rewrite x4y2 − 6x3y3 using a common factor.

x2y2(x2 − 6xy)
x2y(xy − 6xy2)
6xy(x3y − x2y)
6xy2(x2 − x2y)

Answers

The common factor of the equation [tex]x^{4}y^{2} -6x^{3}y^{3}[/tex] is [tex]x^{2}y^{2} (x^{2}-6xy)[/tex].

What is a common factor?

A whole number that is a factor of two or more numbers is referred to as a common factor.

The largest factor that will split into two or more integers is known as the highest common factor (HCF).

The smallest multiple shared by two or more numbers is known as the lowest common multiple (LCM).

The LCM and HCF

when a fraction is added or subtracted.

can be discovered by listing multiple factors. It is more effective to express greater values of a number as the product of prime factors. The Venn diagram is another option.

In finding common factors, the HCF, and LCM need knowledge of how to identify factors, build factor trees, and express integers as the product of their prime factors.

How to locate common factors?

A whole number that is a factor of two or more numbers is referred to as a common factor. Example: The common factors of 30 and 20 are 2, 5, and 10.

A factor that all whole integers share is 1, or 1.

To identify commonalities:

List each number's factors.

To identify the numbers that are the same (or frequent) in both lists, compare the factors.

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Determine if triangle EFG and triangle HIJ are or are not similar, and, if they are, state how you know. (Note that figures are NOT necessarily drawn to scale.)

Answers

Given the triangles EFG and HIJ, you can identify that:

[tex]EG=19\text{ }[/tex][tex]EF=18[/tex][tex]\begin{gathered} FG=16\text{ } \\ \\ \text{ }HI=90 \\ \\ IJ=80 \end{gathered}[/tex][tex]\begin{gathered} m\angle F=67\text{ \degree} \\ \\ m\angle I=67\text{ \degree} \end{gathered}[/tex]

By definition, two triangles are similar if the lengths of the corresponding sides are in proportion and their corresponding angles are congruent.

In this case, you can identify that you know two pairs of corresponding sides. Then, you can find in they are in proportion. Set up that:

[tex]\frac{EF}{HI}=\frac{FG}{IJ}[/tex]

Substituting values and simplifying, you get:

[tex]\begin{gathered} \frac{18}{90}=\frac{16}{80} \\ \\ \frac{1}{5}=\frac{1}{5} \end{gathered}[/tex]

Notice that they are in proportion.

You can also identify that the corresponding angles F and I are congruent because they have equal measure.

Therefore, since you know that two sides are proportionate and the included angles are congruent, you can conclude that the triangles are similar, based on the Side-Angel-Side Theorem (SAS).

Hence, the answer is: Third option.

Write a quadratic function in standard form whose graph has the given characteristics.

Answers

The quadratic function in standard form that passes through (-2, 0), (4, 18), and (10, 0) is y = (- 1/2) x² + 4x + 10.

Given that, (-2, 0), (4, 18) and (10, 0).

What is a quadratic function in standard form?

The standard form of a quadratic equation is given as:

ax² + bx + c = 0 where a, b, c are real numbers and a ≠ 0.

Now, the equation passes through (- 2, 0)

y = ax² + bx + c

0 = 4a - 2b + c  ----------------(1)

The equation passes through (4, 18)

y = ax² + bx + c

18 = 16a + 4b + c ----------------(2)

The equation passes through (10, 0)

y = ax² + bx + c

0 = 100a + 10b + c ----------------(3)

Using the Gauss elimination method to solve the system of equations we get,

a = -1/2, b = 4, and c = 10

The quadratic equation will be:

y = ax² + bx + c

y = (- 1/2) x² + 4x + 10

Therefore, a quadratic function in standard form with the given characteristics is y = (- 1/2) x² + 4x + 10.

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A survey asks students who walk or ride a bike to school whether they live more than onemile from school. The results are shown in the table. Based on the results, which conclusionis best?Live More Than 1 Mile from SchoolWay to Getto SchoolYesNoTotalWalk103141Bike322759Total4258100of the students who live more than one mileaway, about 76% ride a bike.of the students who ride a bike, about 27% liveless than one mile away.of the students who ride a bike, about 76% livemore than one mile away.of the students who live more than one nabeaway, about 32% ride a bike.

Answers

Answer

Step-by-step explanation

Data is collected from 100 students on whether they walk or bike to school and whether they live more than a mile from school or not is shown in a table.

1 mile or not

Ways Yes No Total

Work 10 31 41

Bike 32 27 59

Total 42 58 100

The question then asks us to examine four options, to obtain the one(s) that are correct.

First Option

Of the students who live more than one mile away, about

Kari spent 1 2/3 hours painting a fence. Then he spent 4/5 of an hour walking his dog. How much longer did he spend painting than walking?

Answers

1 and 2/15 should be the answer

The equation of a line is x + 4y = 15.What is the y-intercept of the line? −151515/44/15

Answers

Given:

[tex]x+4y=15[/tex][tex]4y=-x+15[/tex][tex]y=-\frac{1}{4}x+\frac{15}{4}[/tex][tex]\text{The general equation is }[/tex][tex]y=mx+c[/tex]

c is the y-intercept

[tex]y-\text{intercept (c)= }\frac{15}{4}[/tex]

12.5% of what number is 24

Answers

Let's begin by listing out the information given to us:

[tex]undefined[/tex]

The length of a rectangle is 3 more than the width. Find the length of the rectangle if the perimeter is 98 in.A.47.5 inB.24.5 inC.26 in.D.23 in.

Answers

Answer

Length of the rectangle = 26 inches

Explanation

Let the length of a rectangle be L

Let the width of the rectangle be W

The length of the rectangle is 3 more than the width.

L = W + 3

But we are provided with the perimeter of the rectangle.

The perimeter of a figure is the sum of the dimensions of its exterior.

For a rectangle,

Perimeter = 2 (L + W)

For this question,

Perimeter = 98 inches

L = W + 3

W = ?

Perimeter = 2 (L + W)

98 = 2 (W + 3 + W)

98 = 2 (2W + 3)

98 = 4W + 6

4W + 6 = 98

4W = 98 - 6

4W = 92

Divide both sides by 4

(4W/4) = (92/4)

W = 23 inches

L = W + 3 = 23 + 3 = 26 inches

Hope this Helps!!!

if you could help me with some math bc i am bad at this stuff

Answers

Answer:

57.97 cm²

Step-by-step explanation:

Use the formula for area of a trapezoid

[tex]A = \dfrac{a + b}{2} h\\\\[/tex]

where a and b are the two sides and h is the height

Here a = 7.8, b = 10.8, h = 6.2

Substituting we get
[tex]A = \dfrac{7.9 + 10.8}{2} \times 6.2\\\\A = (7.9 + 10.8) \times \dfrac{6.2}{2}\\\\\\7.9 + 10. 8 = 18.7\\\\\dfrac{6.2}{2} = 3.1\\\\\\A = 18.7 \times 3.1 = 57.97\; cm^2[/tex]

Which of the following was included in the procedure that
Flemming used to test his hypothesis? Select the 3 that apply

Answers

Answer:

A,B,C is the answer

e

You rotate the triangle below 180 degrees clockwise about the origin.
What are the coordinates of the new triangle?

P' ( , )


K' ( , )


Y' ( , )

Answers

Answer:

P' = (5, 3)  K'= (3,1) and Y'= (1, 4)

Step-by-step explanation:

We currently have the following coördinates:

P = (-5, -3), K = (-3, -1), Y = (-1, -4)

A rotation of 180 degrees (precesily a half turn!) will give us:

P' = (5, 3)  K'= (3,1) and Y'= (1, 4)

You can draw a line from K to the origin and extend this line precisely the same distance as from K to the origin. This line will end and the point (3,1). The same method can be used for the other two points.

Marques works in a department store selling clothing. He makes a guaranteed salary of $200 per week, but is paid a commission on top of his base salary equal to 10% of his total sales for the week. How much would Marques make in a week in which he made $750 in sales? How much would Marques make in a week if he made x dollars in sales?

Answers

Base salary = $200 per week

Commission = 10% of total sales for that week

In a certain week, he makes sale of = $750

So, commission for that week = 10% of $750 = 10/100 x $750 = $75

In that particular week, Marques earned = base salary + commission = $200 + $75 = $275

For a week, in which he makes x dollars in sales,

Commission = 10% of x = 10/100 x (x) = $x/10

Total earning for that week = base salary + commission = $200 + $x/10

What are Commissions?The payment for goods or services sold in the form of commissions is a type of variable pay. Salesperson motivation and reward frequently involve commissions. Incentives like commissions might be used to promote particular sales techniques. When offering substantial reductions, for instance, commissions might be cut. Alternatively, commissions could go up when a company sells a certain product it wishes to advertise. A sales incentive program's framework, which may comprise one or more commission programs, governs how commissions are normally administered.The principal-agent problem is often solved by businesses by calculating payments as a proportion of revenue in an effort to better align employee interests with those of the business.Creating incentives that take account of an agent's performance is one of the most popular ways to try and balance principal and agent interests. The different forms of compensation systems, such as fixed salaries, straight commissions, or a mix of both, have a wide range of variations.

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I'll give brainliest! Select the correctly punctuated sentence.Pam said, however that the history of the samurai was fascinating.Pam said however, that the history of the samurai was fascinating.Pam said however, that the history of the samurai, was fascinating.Pam said, however, that the history of the samurai was fascinating. the supplies account in the unadjusted trial balance columns has a debit balance of $4,000. there is a $1,500 credit adjustment in the adjustments columns across from the supplies account. describe how to compute the supplies account balance on the adjusted trial balance. multiple choice question. the $1,500 credit adjustment would be subtracted from the $4,000 debit balance in the unadjusted trial balance. the unadjusted trial balance of $4,000 would be carried over to the adjusted trial balance columns. the $1,500 credit adjustment would be added to the $4,000 debit balance in the unadjusted trial balance. the $1,500 credit adjustment would be carried over to the credit column of the adjusted trial balance columns. Which term describes a country undergoing rapid expansion and gaining significant worldwide attention for its growth? Advanced Developing Emerging Stagnating Consider this equation of a circle. x^2-2x+y^2+6y-4=0The answer is bellow!!! Lesson 3Write a descriptive essay about the basic steps of the scientific method.Include the following essential content: Testable hypothesisData collection and analysisPeer reviewAlso, include where theories fit into the process of the scientific method. A box is to be made by cutting a square measuring 4 centimeters on a side from a square piece of cardboard. If the volume of the box is to be 100 cubic centimeters, find the length of a side of the original square. Round the answer to the nearest tenth of a centimeter. Solve for x, y, and z Use the Multiplication Property of One to rewrite the statement.8+1=x1) = 0 ross da, byers c, hall t. a novel approach to prevent repeated catheter migration in a patient with abaclofen pump: a case report. arch phys med rehabil 2005;86:10601. Which action did not directly cause the Great Depression?Responsesdecline in farming pricesdecline in farming pricesbank failuresbank failuresmass productionmass productionthe stock market crash While birdwatching, Natalie saw 8 robins. If 40% of the birds she saw were robins, how many birds did Natalie see in all? what are the correct answers for each blank using the dropbox's provided for each blank?Dropbox 1: Congruent, Similar, Not congruent or similarDropbox 2: Proportional, Not proportional, CongruentDropbox 3: Proportional Not proportional, Congruent I need the dercreasing intervel and my grade is at risk so pls be correct what is the authors purpose of the medicine bag If a Ferrari, with an initial velocity of 10 km/h, accelerates at a rate of 50 km/h/min for 3 minutes, what will its final velocity be (in km/h)? Which statement most accurately describes therelationship between the ideas in the two sentences?O Sentence 1 states a counterclaim to the argument,and sentence 2 refutes it.O Sentence 1 is a claim, and sentence 2 listssupporting reasons for the claim.O Sentence 1 provides evidence for sentence 2 to drawa conclusion.O Sentence 1 supports the claim, and sentence 2provides supporting evidence. write an email as ifyou wanted to set upan interview withsomeone when a club store (like costco) charges an annual membership, but sells goods at extremely low prices, it is using what economists call a: a excise tax. b inferior good strategy. c two-part tariff. d profit minimizing strategy. e coupon strategy. carmen pulled transactions from the month of march to see if there is an association between coffee and breakfast sandwich purchases. after running through confidence and expected confidence calculations, she calculated the lift ratio at 1.52. what association does a calculated lift ratio of 1.52 reflect?