PLEASE HELP FOR A TEST IT'S DUE IN 5 MINUTES!

Floyd decides to invest $1,000,000 in a 20-year annuity that earns 4.6% APR compounded monthly. How much money will Floyd be paid each month from this annuity?

Answers

Answer 1

Answer:

$6380.38

Step-by-step explanation:

Answer 2

Floyd will be paid $2,504,880 each month.

What is Compound Interest?

Compound interest is an interest of interest to the principal sum of a loan or deposit. The concept of compound interest is the interest adding back to the principal sum so that interest is earned during the next compounding period.

Given that Floyd invests $1,000,000 in a 20-year annuity that earns 4.6% APR compounded monthly.

A = P(1+r)ⁿ

A = 1,000,000(1+0.046/12)²⁰⁽¹²⁾

A = 2,504,880

Hence Floyd will be paid $2,504,880 each month.

Learn more about compounded monthly click;

https://brainly.com/question/28964504

#SPJ2


Related Questions

what is the measure of SPT?​

Answers

Answer:

Step-by-step explanation:

The Standard Penetration Test (SPT) is a widely used geotechnical test used to estimate soil strength. A SPT hammer drives a split barrel sampler at the bottom of a drive rod and recovers soil samples.

1/4x1/4x1/4x1/4x1/4=

Answers

Answer:

1 1/4 or 5/4

Step-by-step explanation:

one is simplified just in case

Answer:

1/1024

Step-by-step explanation:

If you want the steps, just ask and ill give them in comments :)

Hope this helped!

If so, can you mark brainiest!

Thanks!

Have a great day!

Help me with a this and get brain thing the 1st one

Answers

Yes they are similar triangles
The answer is yes they are similar triangles

When determining the volume of a shape, you should use cubic units in your final answer. true or false.

Answers

Answer:

true

Step-by-step explanation:

Answer:

true. you should

Step-by-step explanation:


How many WNBA athletes played in China in the 2018-
19 season?
A. 4
C.11
B.8
D. 20"

Answers

Answer:

C. 11

I hope it's right and helpful

Answer:

c 11

Step-by-step explanation:

c 20 hg ch gggggghubydyh

Worth 17 points! Help me please!!! Look in the picture

Instructions: give me each answer with the question please

Math is due tomorrow NO links are allowed or DONT answer if your not going to help

Answers

Answer:

Part A

1. After 4 weeks of work, Jeremy has saved 300

2. Jeremy worked 8 weeks in order to save $600

3. For every one week of work, Jeremy saved 75 dollars

4. If Jeremy works 15 weeks, then he can expect to save 1,125 dollars

Part B

1. Saeed orders 15 meals and his total cost of delivery is $24

2. Saeed paid $32 to have 20 meals delivered

3. For every meal delivered, Saeed is charged $1.6

4. If Saeed pays $19.20 in delivery fees then he ordered 12 meals

Step-by-step explanation:

Part A

The given graph gives the proportional relationship between total amount saved and the number of weeks worked

1. Reading from the graph, at the point where the vertical line from point 4 touches the line of the graph, an horizontal line to the vertical y-axis touches the y-axis at 300

Therefore;

After 4 weeks of work, Jeremy has saved 300

2. The point where an horizontal line from point 600 on the vertical y-axis touches the line of the graph, a vertical line drawn to the horizontal, x-axis touches the x-axis at 8

Therefore;

Jeremy worked 8 weeks in order to save $600.

3. The rate of change of the amount saved to the number of weeks worked, 'm', for the given proportional relationship (straight line relationship, passing through the origin) is given as follows;

Rate of change, m = Constant = y/x

∴ Rate of change of the amount saved to the number of weeks worked = (300-0)/(4 weeks- 0 week) = 75/week

Therefore;

For every one week of work, Jeremy saved 75 dollars

4. The amount Jeremy would have saved in 15 weeks, 'A', is given as follows;

A = m × n

Where;

m = The rate of change of the amount saved to the number of weeks worked = 75/week

n = The number of weeks worked

∴ A = 75/week × 15 = $1,125

Therefore;

If Jeremy works 15 weeks, then he can expect to save 1,125 dollars

Part B

From the graph, we have;

1. From the graph there is a proportional relationship between the total cost of delivery and the number of meals

At the point a vertical line drawn to the line of the graph from 15 on the horizontal axis (number of meals), a horizontal line drawn to the vertical y-axis touches the y-axis at 24

Therefore;

1. Saeed orders 15 meals and his total cost of delivery is $24

2. From the point where the horizontal line from 32 on the vertical axis touches the linear graph of the relationship between the total cost of delivery and the number of meals, a vertical line drawn down to the horizonal axis touches the horizontal x-axis at 20

Therefore;

Saeed paid $32 to have 20 meals delivered

3. The rate of change of the total cost of delivery to the number of meals, 'm', is given as follows;

m = y/x (for proportional relationships)

Taking any corresponding 'x' and y-values

m = 16/10 = 32/20 = 24/15 = 1.6 Dollars/meal

Therefore;

For every meal delivered, Saeed is charged $1.6

4. From m = y/x = 1.6

When y = $19.20

x = y/m = $19.20/($1.6/meal) = 12 meals

Therefore;

If Saeed pays $19.20 in delivery fees then he ordered 12 meals.

Help guys I only have 18 minutes left!!!!!!

Answers

Given:

The equation of a circle is:

[tex](x-3)^2+y^2=32[/tex]

To find:

Center and the circumference of the circle.

Solution:

The standard form of a circle is:

[tex](x-h)^2+(y-k)^2=r^2[/tex]         ...(i)

Where, (h,k) is center and r is the radius.

We have,

[tex](x-3)^2+y^2=32[/tex]           ...(ii)

On comparing (i) and (ii), we get

[tex]h=3,y=0,r=\sqrt{32}[/tex]

So, the center of the circle is (3,0) and the radius of the circle is [tex]\sqrt{32}[/tex].

Now, the circumference of the circle is:

[tex]C=2\pi r[/tex]

[tex]C=2(3.14)(\sqrt{32})[/tex]

[tex]C=35.525045[/tex]

[tex]C\approx 35.5[/tex]

Therefore, the circumference of the circle is about 35.5 units.

If you had ten apple and some person took 2 how much will you have





Ps: a ded body

Answers

answer

= 10 and a dead body

ANSWER:10 apples and a ded body

Three children shared some
sweet in the ratio of their ages.
The chilren are 4, 7, and 9 years
old. The oldest child gets 54
sweets
How much sweets did they have
altogether:​

Answers

Answer:

120

Step-by-step explanation:

4x, 7x, 9x

9x=54

we need to find 4x+7x+9x

9x=54⇒x=6

4x+7x+9x=20x=20×6=120

Answer:

120 sweets

Step-by-step explanation:

4:7:9

Total Parts = 4+7+9=20

Oldest(9)= 9/20

9/20P= 54 Sweets

Total Sweets = 54/ (9/20) =120

A concert hall has n section, with 135 seats in each section. The concert hall has a total of 945 seats. Write an equation to represent n, the total number of section in the concert hall.

Answers

Answer:

n = 945 / 135

Step-by-step explanation:

n = total seats / number of seat in each section

n = 945 / 135

n = 7

find any ten rational numbers between -4/6 and 4/6​

Answers

-1/2 -3/6 -2/6 -1/3 -1/6 1/6 1/3 2/6 3/6 1/2

Each year, Malcolm earns 120 hours of vacation time at his job. There are 52 weeks in a year.
What is the approximate number of hours of vacation time that Malcolm earns each week?

Answers

Answer:

2.3 hours per week

Step-by-step explanation:

which is correctly ordered from greatest to least

Answers

hmmm I’m thinking it might be D or C

(-9x - 4) - (4x2 + 2x - 7)

Answers

Answer:

I assume you meant 4x^2

So the answer in simplified form is -4x^2-11x+3

I think it is - 4x ^ 2 + 7x + 3

Kameron is flying a plane for the first time! The air traffic controller tells him to fly at 500m above the ground or higher. Write an inequality that is true only for elevations at which Kameron should fly. use x for the variable.

Answers

kkAnswer:

jkkjj

Step-by-step explanation:

Plz help I need this done before 4

Answers

Answer:

It is a function.

Step-by-step explanation:

In a function, each input exists one unique output. In this case, this is a function because each input isn't assigned to multiple outputs, therefore y is a function of x.

Please ignore the messy laptop..it’s not mine

Anyways can anyone help me..
I’m finishing work before the marking period ends

It’s Special Right Triangles

Answers

answers

................


WILL GIVE BRAINLIEST!!

4. Eva Truett had an open-end lease for a minivan for her home
decorating business. The lease cost $315 per month for
60 months. She paid a deposit of $1,200, a title fee of $135,
and a license fee of $85. At the end of the lease, she can buy
the van for its residual value of $3,850.

(not answer choices below)
a. What is the total lease cost?
b. What is the total cost if she buys the van?

Answers

Answer:

She paid a deposit of $315, a title fee of $65, and a license fee of $120. At the end of the lease, she can buy the van for its residual value of $3,850

315+120=435= 3,850➗ 65= 59.2307692308

59.2

Step-by-step explanation:

brainliest?

What number goes in the blank to make this number sentence true?
12x2= (?x2) + (2x2)
10
12
20
24

Answers

Answer:

10

Step-by-step explanation:

12 x 2 = 24

2 x 2 = 4

10 x 2 = 20

20 + 4 = 24

I hope this helps!

Decide whether or not each equation represents a proportional relationship. a. Volume measured in cups ( ) vs. the same volume measured in ounces ( ): b. Area of a square ( ) vs. the side length of the square ( ): c. Perimeter of an equilateral triangle ( ) vs. the side length of the triangle ( ): d. Length ( ) vs. width ( ) for a rectangle whose area is 60 square units:

Answers

Answer:

Volume measured in cups (c) vs. the same volume measured in ounces (z)

Hey can you help me fast!!!

Answers

Answer:

-10 3/4

Step-by-step explanation:

I think it's that

Answer:

-10 3/4:)

Step-by-step explanation:

what is the surface area?​

Answers

Answer:

264

Step-by-step explanation:

Area= 1/2•b•h

=2(1/2)(b)(h)+3(b)(h)

=2(1/2)(6)(4)+3(16)(5)

=264

HELP HELP HELP PLEASE HELP NOW HELP

Answers

Answer:

JK = 8

Step-by-step explanation:

Given 2 intersecting chords, then

The product of the measures of the parts of one chord is equal to the product of the measures of the other chord, that is

x(x + 4) = (x + 1)(x + 2) ← expand parenthesis

x² + 4x = x² + 3x + 2 ( subtract x² + 3x from both sides )

x = 2

Then

JK = x + 4 + x = 2x + 4 = 2(2) + 4 = 4 + 4 = 8

Find the slope of the line graphed below.

Answers

Given:

The graph of a line.

To find:

The slope of the graphed line.

Solution:

From the given graph it is clear that the line passes through the points (-2,2) and (2,5). So, the slope of the line is:

[tex]m=\dfrac{y_2-y_1}{x_2-x_1}[/tex]

[tex]m=\dfrac{5-2}{2-(-2)}[/tex]

[tex]m=\dfrac{3}{2+2}[/tex]

[tex]m=\dfrac{3}{4}[/tex]

Therefore, the slope of the given graphed line is [tex]m=\dfrac{3}{4}[/tex].

What is the perimeter of the triangle

Answers

Answer:

32

Step-by-step explanation:

all you have to do is add all the sides together .

$12 meal; 4.5% tax find total cost to the nearest cent

Answers

Answer:

12.54

Step-by-step explanation:

just multiply 12×0.045 and add the 12.

I hope and this helps.

Have a good day.

Good luck

the answer would be 12.54 i believe sorry if i am wrong

pls help me with this

Answers

Answer:

1. 11x +11

3. 4x - 16

5. 4x + 14

2. -9x + 16

4. x

6. 18x - 15

Step-by-step explanation:

Please help me! Im begging!​

Answers

Answer: 25

Step-by-step explanation: Divide the value of people by  12. ( mystery )

Answer:90

Step-by-step explanation:every 40 people there is 12 pwople who like mystery so you then up intill you cant no more so you will have 280 so you can add 12 any more but think again 20 people qquals to 6 mysery so if you add all of it together you will get 90

Complete the following proof. Prove: In an isosceles triangle, two medians are equal.

Answers

Answer:

Midpoint of AB              = (0 + 2a / 2 , 0 + 0 / 2) = (2a / 2 , 0 / 2) = (a,0)

x coordinate of point c = a

                                  N = (0 + a / 2 , 0 + b / 2) = (a / 2 , b / 2)

                                  M = ( 2a + a / 2 , 0 + b / 2) = (3a / 2 , b / 2)

                                MA = √(3a / 2 - 0)² + b / 2 - 0)²

                                       = √(3a / 2 )² + (b / 2) = 9a² / 4 + b² / 4

                                NB = √(a / 2 - 2a)² + (b / 2 - 0 )²

                                      = √( a / 2 - 4a / 2)² + (b / 2 - 0)²

                                      = √(-3a / 2)² + (b / 2)² = √9a² / 4 + b² / 4

Step-by-step explanation:

I tried my best hope its correct :0

Find the volume of the pyramid.

Answers

Answer:

576 in. (the first one)

Step-by-step explanation:

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