Rob Herndon, an accountant with Southwest Airlines, wants to retire 50% of
Southwest Airlines bonds by 2028. Calculate the payment Rob needs to make
at the end of each year at 5% compounded annually to reach his goal of paying
off $430,000 in 10 years. (Use Table 13.3.) (Do not round intermediate
calculations.)

Answers

Answer 1

To achieve his goal of paying off $430,000 in 10 years, Rob Herndon needs to make $34,186.97 at 5% compounded annually.

What is a future value?

A future value refers to a value on a future date based on an assumed growth rate of interest over time.

The future value can be determined using the FV formula or table.

We can also compute the future value using an online finance calculator as follows:

Data and Calculations:

N (# of periods) = 10 years

I/Y (Interest per year) = 5%

PV (Present Value) = $0

FV (Future Value) = $430,000

Results:

PMT = $34,186.97

Sum of all periodic payments = $341,869.70

Total Interest= $88,130.30

Thus, for Rob Herndon to achieve his goal of paying off $430,000 in 10 years, he needs to make $34,186.97 at 5% compounded annually.

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Related Questions

Pls help
Volume round to tenth

Answers

The volume of the cone to nearest tenth is 247. 12 cm ^3

How to determine the volume

Note that the shape is a cone

Volume for a cone =

[tex]\pi \: { {r}^{2} \frac{h}{3} } [/tex]

Given that radius = 5.3cm

height = 8.4cm

Substitute into the formula, we have

Volume = 3.142 × 5.3 × 5.3 × (8.4/3)

Volume = 3. 142× 28.09 × 2.8

Volume = 247. 12 cm ^3

Thus, the volume of the cone to nearest tenth is 247. 12 cm ^3

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Given the function defined in the table below, find the average rate of change, in simplest form, of the function over the interval 10< x <22

Answers

Using it's concept, the average rate of change of the function over the interval 10 < x < 22 is given by:

[tex]r = \frac{f(22) - f(10)}{12}[/tex]

What is the average rate of change of a function over an interval?

It is given by the change in the output divided by the change in input.

Over the interval 10 < x < 22, the outputs are f(10) and f(22), hence the rate of change is given by:

[tex]r = \frac{f(22) - f(10)}{12}[/tex]

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Solve the inequality.

Answers

[tex]5x - 7 \leqslant 13 \\ add \: 7 \: on \: both \: sides \\ 5x - 7 + 7 \leqslant 13 + 7 \\ 5x \leqslant 20 \\ divide \: both \: sides \: by \: 5 \\ \frac{5x}{5} \leqslant \frac{20}{5} \\ x \leqslant 4[/tex]

Interval: (-infinity,4]

MATH: FINDING HALF LIFE PT 1

Answers

Answer:

  15.4 years

Step-by-step explanation:

An investment is doubled when it is twice its initial value. The equation can be solved for the value of t that makes this true.

Setup

In the exponential equation for investment value, the factor y₀ is the initial value of the investment. We want to find t when y = 2y₀.

  2y₀ = y₀·e^(0.045t)

Solution

Dividing by y₀ gives ...

  2 = e^(0.045t)

Taking natural logarithms, we have ...

  ln(2) = 0.045t

Dividing by the coefficient of t gives its value:

  t = ln(2)/0.045 ≈ 15.4

The investment will be doubled after 15.4 years.

__

Additional comment

The continuously compounded interest rate for this investment is 4.5%. The doubling time is 0.693 divided by this: 0.693/0.045 ≈ 15.4. This relationship holds for any sort of continuous compounding.

PLEASE HELP!!!!!!!!!!

Answers

Step-by-step explanation:

[tex] = - \frac{5}{9} - ( - \frac{14}{15} )[/tex]

[tex] = - \frac{5}{9} + \frac{14}{15} [/tex]

[tex] = - \frac{5 \times 5}{9 \times 5} + \frac{14 \times 3}{15 \times 3} [/tex]

[tex] = - \frac{25}{45} + \frac{42}{45} [/tex]

[tex] = \frac{ - 25 + 42}{45} [/tex]

[tex] = \frac{42 - 25}{45} [/tex]

[tex] = \frac{17}{45} [/tex]

Step 6: Patterns can provide a clear understanding of mathematical relationships. This can be seen very clearly in the form of multiplication tables. 3 x 2; 3 x 3; 3 x 4 are clearly examples of the relationship pattern found in multiplication. Provide two more examples of relationship patterns found in mathematics. Describe the pattern in each case. (NB: Do not use the multiplication tables). (8) Step 6 : Patterns can provide a clear understanding of mathematical relationships . This can be seen very clearly in the form of multiplication tables . 3 x 2 ; 3 x 3 ; 3 x 4 are clearly examples of the relationship pattern found in multiplication . Provide two more examples of relationship patterns found in mathematics . Describe the pattern in each case . ( NB : Do not use the multiplication tables ) . ( 8 )​

Answers

Two more examples of relationship patterns found in mathematics are Geometric sequences and Fibonacci numbers.

What are mathematical patterns?

Mathematical patterns are a sequence of repeated arrangements of numbers, shapes, colors, letters, etc.

Mathematical patterns are usually abstract.

What is a geometric sequence?

A geometric sequence is a sequence of non-zero numbers.  The first number is the product of multiplying a previous number by a fixed, non-zero number, called the common ratio.

A Geometric sequence may look like: 2, 4, 8, 16, 32, 64, 128, ..., where the common ratio is 2.

What is a Fibonacci sequence?

A Fibonacci number starts with a zero, followed by a one, then by another one, and then by a series of steadily increasing numbers.

The rule of the Fibonacci sequence is that each number is equal to the sum of the preceding two numbers, for example, 0, 1, 1, 2, 3, 5, 8, 13.

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Trigonometry Maths Question
80 points up for grabs!
Will mark brainliest to whoever answers

Answers

Answer:

x = 35.537677791974°

y = 63.434948822922°

Step-by-step explanation:

let x be the measure of the angle of elevation of the sun.

tan(x) = 10/14

Then

x = tan⁻¹ (10÷14) = 35.537677791974°

………………………………………………

let y be the measure of the angle of elevation of the sun

where the shadow decreases to 5m.

tan(y) = 10/5 = 2

Then

y = tan⁻¹ (2) = 63.434948822922°

Answer:

a) 35.54°

b) 63.43°

Given following:

length of pole: 10 meterits shadow: 14 meter

Determining, the shadow is adjacent side and length of the pole is the opposite side. Hence, use the tan rule. Let the angle be x.

(a)

[tex]\sf tan(x) = \dfrac{opposite}{adjacent}[/tex]

[tex]\sf tan(x) = \dfrac{10}{14}[/tex]

[tex]\sf x = tan^{-1}(\dfrac{10}{14} )[/tex]

[tex]\sf x = 35.54^{\circ \:} \quad (rounded \ to \ nearest \ hundredth )[/tex]

(b) If the shadow decreases to 5 meter.

[tex]\sf tan(x) = \dfrac{opposite}{adjacent}[/tex]

[tex]\sf tan(x) = \dfrac{10}{5}[/tex]

[tex]\sf x = tan^{-1} (\dfrac{10}{5})[/tex]

[tex]\sf x = 63.43 ^\circ \quad (rounded \ to \ nearest \ hundredth)[/tex]

14. Tasha is counting votes from a school election. There were 3 candidates running for treasurer, and students either voted for 1 of those 3 or they didn't vote at all. If there are 420 students in the school and half of them voted for Marcus, one- third of them voted for Mary, and one-seventh voted for Edward, how many students did not vote? (A) 10 (B) 20 (C) 42 (D) 105​

Answers

Answer:

A) 10

Step-by-step explanation:

Votes for Marcus: 420/2 = 210 votes

Votes for Mary: 420/3 = 140 votes

Votes for Edward: 420/7 = 60 votes

Total number of votes: 210+140+60 = 410 votes

people who didn't vote: 420-410 = 10 people

a2 − 6) and (a2 + 4) are the factors of

Answers

Polynomials are mathematical expressions involving variables raised with non-negative integers and coefficients. The polynomial whose factors are (a²-6) and (a²+4) is a⁴ - 2a² - 24.

What is a polynomial?

Polynomials are mathematical expressions involving variables raised with non-negative integers and coefficients(constants who are in multiplication with those variables) and constants with only operations of addition, subtraction, multiplication and non-negative exponentiation of variables involved.

Example: x²+3x+5 is a polynomial.

The polynomial whose factors are (a²-6) and (a²+4) is,

P(x) =  (a²-6)(a²+4)

      = a⁴ + 4a² - 6a² - 24

      = a⁴ - 2a² - 24

Hence, The polynomial whose factors are (a²-6) and (a²+4) is a⁴ - 2a² - 24.

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The two lines below are parallel. If the slope of the red line is 3, what is the
slope of the green line?

Answers

The slopes of parallel lines are always equal. That means the slope of the green line is also 3.
Hope this helps, please mark brainliest if possible :)

What is the length of the track, in miles, around turn A? Round your answer to three decimal places.

Answers

Answer:

?

Step-by-step explanation:

Please explain-WHAT TRACKS?

Answer:

5.275

Step-by-step explanation:

Got the answer from Emma on Gauth Math

How many centimeters in 3.7 kilometers? ​

Answers

Answer:

370,000 centimeters

Step-by-step explanation:

1. There are 1000 meters in a kilometer.

2. 3.7 kilometers x 1000 = 3,700 meters

3. There are 100 centimeters in a meter

4. 3,700 x 100 = 370,000 centimeters

scores of an IQ test have a bell-shaped distribution with a mean of 100 and a standard deviation of 13. use empirical rule to determine the following:
a) what percentage of people has an IQ score between 61 and 139?
b) what percentage of people has IQ score less than 87 or greater than 113?
c) what percentage of people has an IQ score greater than 113?

Answers

Using the Empirical Rule, the percentages are given as follows:

a) 99.7%.

b) 32%.

c) 16%.

What does the Empirical Rule state?

It states that, for a normally distributed random variable:

Approximately 68% of the measures are within 1 standard deviation of the mean.Approximately 95% of the measures are within 2 standard deviations of  the mean.Approximately 99.7% of the measures are within 3 standard deviations of the mean.

Item a:

61 and 139 is within 3 standard deviations of the mean, hence the percentage is of 99.7%.

Item b:

87 and 113 is within one standard deviation of the mean, hence 68% of the data is within this interval and 100 - 68 = 32% of the data is outside this interval.

Item c:

Considering that the normal distribution is symmetric, and item b, this percentage is of 32%/2 = 16%.

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Use the following image to solve the problem

Answers

Answer:

The distance is 17.

Step-by-step explanation:

the step is provided in the image....

I hope it was helpful

Give 3 reason why a rectangle is not a square​

Answers

Answer:

A square is a rectangle but a rectangle is not a square. A square consists of  four sides of equal lengths. A rectangle has two sides shorter than the two other sides.

Solve: −(23a−13)+53a=−4

Answers

Answer:

a = -17/30

Step-by-step explanation:

So the first step is to distribute the negative sign, if that's a bit confusing think of the negative sign as a -1 instead of just a negative sign, and then think of distributing that negative 1 to the 23a and -13.

Original Equation:

-(23a - 13) + 53a

Distribute negative sign

-23a + 13 + 53a

Group like terms:

(-23a + 53a) + 13

Simplify

30a + 13 = -4

Subtract 13 from both sides

30a = -17

Divide both sides by 30

a = -17/30

The diameter of a circle is 48 meters. What is the angle measure of an arc 17​ meters long?

simplest form IXL

Answers

If you are referring to the central angle, it would be 41 degrees.

Compare the process of solving |x – 1| + 1 < 15 to that of solving |x – 1| + 1 > 15. Check all of the following you included in your response. Both absolute values would need to be isolated first. You would need to write a compound inequality for each. Both compound inequalities would compare x – 1 to –15 and 15. The inequality with “<” would use an “and” statement, while the “>” would use an “or” statement.

Answers

The required Comparison of the inequalities are

The |x – 1| + 1 > 15 represents the value of x lies between 13<x<15.

The range of values encompassing the region's junction is (-13, 15).

If x is more than or equal to 15, then x-11+1>15 indicates the value of x is greater than or equal to 13. None of the regions in the intersection are empty.

What is inequality?

When comparing two numbers, an inequality indicates whether one is less than, larger than, or not equal to the other.

We take into account the various variables of the inequality

|x – 1| + 1 > 15

Therefore

|-x-1|+1-1<15-1

|-x-1|-1 <14

13<x<15

The required region lies between the inequality -13 <x< 15.

Simplify the inequality Ix-11+1 > 15 we get,

|x-1|+1 > 15

|x+1| +1-1 >15-1

|x-1| > 14

x> 15  

x<-13

If x has a value between -13 and x + 15, then the expression "|x-1|+1+115" is true. The range "(-13, 15)" contains the intersection of the region.If "|x-1|+1>15" then either "x >15" or "x-13" applies to the value of x. This region's intersection is unoccupied.

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What is √200in simplest form?

Answers

Answer:

10√2

Step-by-step explanation:

The square root of 200 in its simplest radical form is 10√2.

If we know the prime factorization of a number, we can write the radical form of the square root of that number. As a result, the prime factorization of 200 is 2 × 2 × 2 × 5 × 5.

As a result, the square root of 200 in the simplest radical form should be 10√2.

5. Kal Tire installs automobile tires on a first-come first-served basis. A random sample of 50 customers experienced an average wait time of 93.7 minutes. Assume that the standard deviation of total wait time for all customers is 20.6 minutes. Determine the margin of error for a 95% confidence interval for this sample.

Answers

5.7099 is the margin of error.

What is standard deviation ?

A standard deviation (or σ) is a measure of how dispersed the data is in relation to the mean.

Low standard deviation means data are clustered around the mean, and high standard deviation indicates data are more spread out.

According to the question,

The standard sampling error of the sample mean is σₓ ,

The sampling distribution is: N (u,σₓ/n)

Therefore,

By using the standard deviation formula:

σₓ = √∑(xi -μ)/N

Where,

∑= population standard deviation

N= the size of the population

xi= each value from the population

μ =the population mean

So ,

σₓ = [tex]\frac{20.6}{\sqrt{50} }[/tex] = 2.913

Since, a = 1- 95% = 0.05

therefore [tex]Z\frac{a}{2}[/tex] = (1-0.005 x 2) = 1.959964

Here, the margin of error for a 95% confidence interval for this sample is given by:

[tex]Z\frac{a}{2}[/tex] * σₓ = 1.959964 x 2.913    

           = 5.7099

5.7099 is the margin of error for a 95% confidence interval for this sample.

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(3-0/4a)-(10-0.8a). Solve for a

Answers

An equation is formed of two equal expressions. The value of 'a' in the given equation is 6.452.

What is an equation?

An equation is formed when two equal expressions are equated together with the help of an equal sign '='.

The given equation can be solved for 'a' as shown below,

[tex]\dfrac{(3-0)}{4a} = (10-0.8a)\\\\\dfrac{3}{4a} = (10-0.8a)\\\\[/tex]

0.75a = 10 - 0.8a

0.75a + 0.8a = 10

1.55a = 10

a = 6.452

Hence, the value of 'a' in the given equation is 6.452.

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State. Probability sampling vs. non probability sampling​

Answers

Probability sampling simply illustrates a scenario where the subjects of the population have an equal opportunity.

What is probability sampling?

Probability simply means the likelihood of the occurence of an event.

In this case, in probability sampling, the subjects of the population have an equal opportunity.

In non-sampling, an equal opportunity isn't given.

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evaluate (-1 - 3²) - 4³/2

Answers

Answer:

-42

Step-by-step explanation:

You have to To subtract the fractions, then find the Least common denominator (LCD) and then combine.

pls brainliest Hope this helps have a nice day :>

[tex]\boldsymbol{(-1-3^{2})-\dfrac{4^{3} }{2} }[/tex]

Calculates 3 to the power of 2 and gets 9.

[tex]\boldsymbol{-1-9-\dfrac{4^{3} }{2} }[/tex]

Subtract 9 from −1 to get −10.

[tex]\boldsymbol{-10-\dfrac{4^{3} }{2} }[/tex]

Calculates 4 to the power of 3 and gets 64.

[tex]\boldsymbol{-10-\dfrac{64}{2} }[/tex]

Divide 64 by 2 to get 32.

[tex]\bf{-10-32 }[/tex]

Subtract 32 from −10 to get −42.

[tex]\bf{-42 \ \ \to \ \ \ Answer}[/tex]

{ Pisces04 }

If f(x) = x³ - 2, find f(3).

Answers

[tex]f(x) = x {}^{3} - 2 \\ f(3) = 3 {}^{3} - 2 = 27 - 2 = 25[/tex]

[tex]f(3) = 25[/tex]

So if f(x) = x^3 - 2 you would insert three in the function

So instead of x it’s 3.

3^3 - 2 = 9 -2
= 7

So the answer of the function is 7.

-76 * a number minus 61 is equal to -89 less than the number

Answers

Answer: -211/76

Step-by-step explanation:

to solve this word problem equation, we need to first convert the words to numbers and variables we can solve for:

we can replace "a number" for a variable such as x

this gives:

-76·x-61=x+89

now all you have to do is solve the equation and you're done!

there are 32 students in a class and 20 of them own at least one pet
what fraction of class own pets?
give your answer in its simplest form.

Answers

Answer:

there 32 students and 20 have pets so you take 20 over 30 divide by 2 to get 10/16 then divide by 2 to get 5/8and that is the answer

Graph the function g.
f(x) = -2(x-4)² +4
g(x) = f(x) - 1
O

Answers

Answer:

19

Step-by-step explanation:

fx=16+4

fx=20

gx= 20-1

gx=19

19

A sub sandwich shop offers 22 toppings to choose from. How many ways could a person choose a 4-topping sandwich?

a)26
b)88
c)7,315
d) 175,500

pleaseee help, will mark branliest

Answers

There are 7,315 different combinations, thus, the correct option is c

How many combinations are there?

If we have a set of N elements, the number of different combinations of K elements (such that K ≤ N) of these N elements that we can make is:

[tex]C(N, K) = \frac{N!}{(N - K)!K!}[/tex]

In this case we have K = 4 and N = 22, replacing that, we get:

[tex]C(22, 4) = \frac{22!}{(22 - 4)!*4!} = \frac{22*21*20*19}{4*3*2*1} = 7,315[/tex]

So there are 7,315 different combinations, thus, the correct option is c.

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31) Alana ordered jeans ($28) and a sweater ($35) from a catalog. The sales tax is 8%. The shipping charges came
to $6.58. What was the total amount she was charged?
O a.) $74.62
Ob.) $77.62
Oc.) $75.62

Answers

Answer:

a) $74.62

Step-by-step explanation:

Cost of both clothes = 28+35 = $63

Tax = 0.08*63 = $5.04

Shipping: $6.54

Add: 63+5.04+6.58 = 74.62

Which equation is a function of x? x = 5 x = y squared 9 x squared = y x squared = y squared 16

Answers

The equation which is a function of x is x²=y.

Given an equation that is a function of x.

A function may be a relation between a collection of inputs and a collection of permissible outputs with the property that every input is said to precisely one output.

If we input a value of x then we get the output f(x) = y, which is the function of x.

We are given four options out of which we are to pick the one which may be a function of 'x'.

The first option is x=5 in which no term of y is included and its a constant. So, option 1 is not correct.

The second option is x=y²+9 in which y contains a power 2. So, option 2 is not correct.

The third option is x²=y in which y contains power 1. So, option 3 is correct.

The fourth option is x²=y²+16 in which y contains a power 2. So, option 3 is not correct.

Hence, the equation which is a function of x is x²=y.

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