Calling card A charges a connect fee of 69¢ plus 1.9¢ perminute. Calling card B has no connect fee but charges 6¢ perminute.

Which system of equations can be used to determine the number of minutes (x) where the price (y) is the same for both cards?

Answers

Answer 1

Answer:

16.829 minutes

Step-by-step explanation:

To solve this problem, we need to set up a system of equations based on the given information. Let's define the variables:

Let x be the number of minutes.

Let y be the price in cents.

For calling card A, the price can be calculated using the formula: y = 69 + 1.9x

For calling card B, the price can be calculated using the formula: y = 6x

We want to find the number of minutes (x) where the price (y) is the same for both cards. To set up the system of equations, we equate the two expressions for y:

69 + 1.9x = 6x

Now, we can solve this equation to find the value of x, which represents the number of minutes where the prices are equal.

69 + 1.9x = 6x

To simplify the equation, we can subtract 1.9x from both sides:

69 = 6x - 1.9x

Combining like terms, we have:

69 = 4.1x

To isolate x, we divide both sides of the equation by 4.1:

69 / 4.1 = x

Simplifying the division gives us:

16.829 = x

Therefore, the number of minutes (x) where the price (y) is the same for both calling cards A and B is approximately 16.829 minutes.

Hope this helps!

Answer 2

Answer:

For calling card A: y = 0.019x + 0.69

For calling card B: y = 0.06x

Step-by-step explanation:

For calling card A: y = 0.019x + 0.69

For calling card B: y = 0.06x

Set the prices equal to each other to find when they are the same:

0.019x + 0.69 = 0.06x

Simplify and solve for x:

0.041x = 0.69

x = 16.83 (rounded to two decimal places)

Therefore, if a person expects to talk for 16.83 minutes or more, calling card A will be cheaper. If they expect to talk for less than 16.83 minutes, calling card B will be cheaper.


Related Questions

A 27 - foot ladder is leaning against the wall. If the top of the ladder touches 22.5 feet up the wall, what is the angle evaluation of the ladder

Answers

Answer:

Step-by-step explanation:

A jogger running around a rectangular park takes a shortcut back to his car by running 53 meters from one corner to the opposite corner. If the park is 45 meters long, what is the width?

Answers

Answer:

28 meters Aprox

Step-by-step explanation:

To find the width of the rectangular park, we can use the Pythagorean theorem. The diagonal running from one corner to the opposite corner forms a right triangle with the length and width of the park.

Given:

Length of the park (L) = 45 meters

Diagonal distance (d) = 53 meters

Using the Pythagorean theorem:

d² = L² + W²

(53 meters)² = (45 meters)² + W²

2809 = 2025 + W²

W² = 2809 - 2025

W² = 784

Taking the square root of both sides:

W ≈ √784

W ≈ 28

Therefore, the width of the rectangular park is approximately 28 meters.

− 4 p − ( 5 p − 4 ) ≤ −4p−(5p−4)≤ 7 p + 10 + 3 p 7p+10+3p

Answers

Answer:

To solve the inequality −4p − (5p − 4) ≤ 7p + 10 + 3p, we can simplify and isolate the variable p. Let's work through the steps:

Step 1: Distribute the negative sign (-) inside the parentheses:

-4p - 5p + 4 ≤ 7p + 10 + 3p

Simplifying further:

-9p + 4 ≤ 10p + 10

Step 2: Group like terms by adding 9p to both sides of the inequality:

-9p + 9p + 4 ≤ 10p + 9p + 10

Simplifying further:

4 ≤ 19p + 10

Step 3: Subtract 10 from both sides of the inequality:

4 - 10 ≤ 19p + 10 - 10

Simplifying further:

-6 ≤ 19p

Step 4: Divide both sides of the inequality by 19:

-6/19 ≤ 19p/19

Simplifying further:

-6/19 ≤ p

So the solution to the inequality is p ≥ -6/19.

a) Su-Lo scored 45% in her test out of 80.
what mark did she
score?

Answers

Answer:

Step-by-step explanation:

To calculate Su-Lo's score on the test, we can multiply her percentage by the total marks for the test.

Su-Lo scored 45% out of 80, so her score can be calculated as follows:

Score = Percentage × Total marks

Score = 45% × 80

To find the score, we need to convert the percentage to a decimal by dividing it by 100:

Score = (45/100) × 80

Score = 0.45 × 80

Score = 36

Therefore, Su-Lo scored 36 marks on the test.

find the surface area​

Answers

The surface area of the cylinder is: 156π.

Here, we have,

given that,

the cylinder has:

radius = 6 in

height = 10 in

now, surface area of the cylinder is:

SA = 2πrh + πr²

here, we have,

SA = 2π *6 * 10 + π6²

     = 120π + 36π

     = 156π

Hence, The surface area of the cylinder is: 156π.

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Find x (circle)
(Btw I don’t know if 5.6 is correct so just ignore that)

Answers

Answer:

A. 11.2

Step-by-step explanation:

But this has nothing to do with 5.6 × 2. Erase that! Lol.

You have a right triangle here. The only thing to do with the circle is that there are two radii (plural of radius) shown. So they have to be the same measure.

The unmarked "bottom" of the triangle, the short leg, is a radius, so it too, is 8.4.

The hypotenuse of the right triangle, the side on the right, the longest side is 5.6 + 8.4.

The hypotenuse is 14.

Let's do some Pythagorean Theorem.

Leg^2+ leg^2=hypotenuse^2

you know,

a^2 + b^2 = c^2

fill in what we know.

8.4^2 + b^2 = 14^2

simplify.

70.56 + b^2 = 196

subtract 70.56

b^2 = 125.44

squareroot both sides

b = 11.2

how many inches is it from end to end on a bed that is 6 feet long? It is measured in the.

Answers

The calculated inches from end to end on the bed is 72 inches

How to determine the inches from end to end on the bed

From the question, we have the following parameters that can be used in our computation:

Length = 6 feet long

By conversion of units, we have

1 feet = 12 inches

using the above as a guide, we have the following:

Length = 6 * 12 inches long

Evaluate the products

Length = 72 inches long

Hence, the inches from end to end on the bed is 72

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Solve for angles x and y in the triangle below. Round your angle to the nearest whole degree.

Solve for both x and y

Answers

[tex]\tan(y )=\cfrac{\stackrel{opposite}{6}}{\underset{adjacent}{4}} \implies \tan( y )= \cfrac{3}{2} \implies \tan^{-1}(~~\tan( y )~~) =\tan^{-1}\left( \cfrac{3}{2} \right) \\\\\\ y =\tan^{-1}\left( \cfrac{3}{2} \right)\implies y \approx 56.31^o \\\\[-0.35em] ~\dotfill\\\\ \tan(x )=\cfrac{\stackrel{opposite}{4}}{\underset{adjacent}{6}} \implies \tan( x )= \cfrac{2}{3} \implies \tan^{-1}(~~\tan( x )~~) =\tan^{-1}\left( \cfrac{2}{3} \right) \\\\\\ x =\tan^{-1}\left( \cfrac{2}{3} \right)\implies x \approx 33.69^o[/tex]

Make sure your calculator is in Degree mode.

50 Points! Multiple choice algebra question. Photo attached. Thank you!

Answers

Answer:

B. Similar

Step-by-step explanation:

The two spheres are similar, but not congruent. They have the same shape, but different sizes.

The scale factor between the two spheres is 9/6= 3/2, which means that the radius of the larger sphere is 3/2 times the radius of the smaller sphere.

A rectangular prism measures 3 ft by 6 ft by 5 ft. If the dimensions of the box were all quadrupled, how would the surface area of the box change?
1.The new surface area would be 16 times the original surface area.
2.The new surface area would be quadruple the original surface area.
3.The surface area would not change.
4.The new surface area would be 12 times the original surface area.

Answers

To determine how the surface area of a rectangular prism changes when all dimensions are quadrupled, we need to compare the original surface area to the new surface area.

The original surface area of the rectangular prism is given by:

SA_original = 2lw + 2lh + 2wh

where l, w, and h represent the length, width, and height of the prism, respectively.

In this case, the dimensions of the original box are:

Length (l) = 3 ft

Width (w) = 6 ft

Height (h) = 5 ft

Substituting these values into the formula, we have:

SA_original = 2(3)(6) + 2(3)(5) + 2(6)(5)

            = 36 + 30 + 60

            = 126 square feet

Now, if we quadruple all the dimensions of the box, the new dimensions would be:

Length (l_new) = 4(3) = 12 ft

Width (w_new) = 4(6) = 24 ft

Height (h_new) = 4(5) = 20 ft

The new surface area of the enlarged box is given by:

SA_new = 2(l_new)(w_new) + 2(l_new)(h_new) + 2(w_new)(h_new)

       = 2(12)(24) + 2(12)(20) + 2(24)(20)

       = 576 + 480 + 960

       = 2016 square feet

Comparing the original surface area (SA_original = 126 sq ft) to the new surface area (SA_new = 2016 sq ft), we can see that SA_new is 16 times greater than SA_original.

Therefore, the correct answer is:

1. The new surface area would be 16 times the original surface area.

Need the answer ASAP

Answers

Answer:  A.   x=3     y= -1         z=4

Step-by-step explanation:

I plugged it into my graphing calculator.

>2nd Matrix

>Edit >A

>choose 3x3

>Enter all coefficients as they look

>2nd Matrix

>Edit >B

>Choose 3x1

>Enter answers as they look

Go to main page

[tex][A]^{-1} [B]\\[/tex]

Answers end up being 3, -1,  4

Line r has a slope of -6. Line s is parallel to line r. What is the slope of line s?

Thank you.

Answers

If line s is parallel to line r, it means that both lines have the same slope. Therefore, the slope of line s is also -6.

Answer:

-6

Step-by-step explanation:

Because two lines that are parallel have the same slope

These shapes are similar.
Find X.
X
9
5
27
15
21

Answers

Answer:

15

Step-by-step explanation:

Jane buys p packets of plain crisps and c packets
of cheese and onion crisps. Write down an
expression for the total number of packets of
crisps Jane buys.

Answers

The expression for the total number of packets of crisps that Jane buys is given as follows:

p + c.

How to obtain the total number of packets?

The amounts of packets of crisps purchased are given as follows:

p packets of plain crisps.c packets of cheese and onion crisps.

The expression for the total number of packets of crisps that Jane buys is given by the addition of these two amounts.

Hence the expression for the total number of packets of crisps that Jane buys is given as follows:

p + c.

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Write a sine function with an amplitude of 5, a period of
Pi/8,and a midline at y = 7.

f(x) = 4sin(8x) + 5
f(x) = 5sin(16)+7
f(x) = 5sin(16x) + 4
f(x) = 4sin(8x) + 7

Answers

Answer:

[tex]\textsf{B)} \quad f(x) = 5 \sin (16x) + 7}[/tex]

Step-by-step explanation:

The sine function is periodic, meaning it repeats forever.

Standard form of a sine function

[tex]\boxed{f(x) = A \sin (B(x + C)) + D}[/tex]

where:

A is the amplitude (height from the midline to the peak).2π/B is the period (horizontal distance between consecutive peaks).C is the phase shift (horizontal shift - positive is to the left).D is the vertical shift (y = D is the midline).

Given values:

Amplitude, A = 5Period, 2π/B = π/8Phase shift, C = 0Vertical shift, D = 7

Calculate the value of B:

[tex]\dfrac{2\pi}{B}=\dfrac{\pi}{8}\implies 16\pi=B\pi\implies B=16[/tex]

Substitute the values of A, B C and D into the standard formula:

[tex]f(x) = 5 \sin (16(x + 0)) + 7[/tex]

[tex]f(x) = 5 \sin (16x) + 7[/tex]

Therefore, the sine function with an amplitude of 5, a period of π/8, and a midline at y = 7 is:

[tex]\Large\boxed{\boxed{f(x) = 5 \sin (16x) + 7}}[/tex]

The distribution of scores on a history test is close to normal. The scores are adjusted so that the mean score is about =75
and the standard deviation is =5
. What percent of the scores fall between 65 and 75?

13.5%

27.0%

47.5%

Answers

The percentage of scores that fall between 65 and 75 is approximately [tex]2 \times 34 = 68%.[/tex]%

To determine the percentage of scores that fall between 65 and 75, we can use the properties of the normal distribution.

Mean score = 75

Standard deviation = 5

We know that the normal distribution is symmetric around the mean, and approximately 68% of the data falls within one standard deviation from the mean.

This means that about 34% of the scores fall between the mean and one standard deviation above the mean.

To calculate the percentage of scores between 65 and 75, we need to determine how many standard deviations away from the mean 65 and 75 are.

For 65:

(65 - 75) / 5 = -2

For 75:

(75 - 75) / 5 = 0

From the calculations, we can see that 65 is 2 standard deviations below the mean, and 75 is at the mean.

Since the distribution is symmetric, we can consider the percentage of scores between the mean and one standard deviation above the mean (34%) and double it to account for the scores between the mean and one standard deviation below the mean.

Therefore, the percentage of scores that fall between 65 and 75 is approximately 2 [tex]\times[/tex] 34% = 68%.

However, none of the given answer options match the calculated result. Therefore, none of the provided answer options accurately represent the percentage of scores between 65 and 75 based on the given information.

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A spinner has six equal-sized sections. The sections are labeled red, blue, green, red, blue, and blue. How many outcomes are in the sample space?

Answers

The outcomes that are in the sample space are red, blue, green, red, blue, and blue.

How to determine the outcomes that are in the sample space?

From the question, we have the following parameters that can be used in our computation:

Spinner = 6 sections

This means that

The spinner has 6 sections and as such, the sample size of the spinner is 6

The sample space are the colors in the spinner

So, we have

Space = red, blue, green, red, blue, and blue.

Hence, the outcomes that are in the sample space are red, blue, green, red, blue, and blue.

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The cafeteria lunch menu lists:
Pizza Cheese, Sausage, Pepperoni
Dessert - Pudding or Cookie
Drink-Water, Milk, Soda
How many different lunch meals can you construct from these choices?
O 18
O
O 81
03

Answers

Answer: 18

Step-by-step explanation:

Multiply number of each item possible

3*2*3=18

Describe the Transformations for 4 and 5

Answers

If h(x) = f(–x), this is saying that your graph will be reflected over the y-axis.  In other words, the x-values of every point on the graph of y=f(x) will be switched to the opposite sign.  The graph will be flipped over sideways.

For example, if (1,-4) is a point on y=f(x), then y=h(x) will have (–1,-4) on it.

If h(x) = –f(x), this is saying that your graph will be reflected over the x-axis.  In other words, the y-values of every point on the graph of y=f(x) will be switched to the opposite sign.  The graph will be flipped upside-down.

For example, if (1,–4) is a point on y=f(x), then y=h(x) will have (1,4) on it.

While you are given the equation for f(x) in each exercise, the function f(x) does not impact the transformation at all.  What is said above is true for all functions.  

If you want to graph them, then for 4:

    f(x) = -3 - x

   h(x) = f(-x) = -3 + x

For #5:

    f(x) = 1/3 x + 1

    h(x) = -f(x) = -1/3 x - 1

The rectangle below has an area of
15

4
+
35

3
+
20

2
15k
4
+35k
3
+20k
2
15, k, start superscript, 4, end superscript, plus, 35, k, cubed, plus, 20, k, squared.
The width of the rectangle is equal to the greatest common monomial factor of
15

4
,
35

3
,
15k
4
,35k
3
,15, k, start superscript, 4, end superscript, comma, 35, k, cubed, comma and
20

2
20k
2
20, k, squared.
What is the length and width of the rectangle?
Three rectangles of different sizes make up a larger rectangle. The larger rectangle's length is labeled length. The larger rectangle's width is labeled width. The smaller rectangle on the left has fifteen k to the fourth power inside it. The smaller rectangle in the middle has thirty five k cubed inside it. The smaller rectangle on the right has twenty k squared inside it.



Three rectangles of different sizes make up a larger rectangle. The larger rectangle's length is labeled length. The larger rectangle's width is labeled width. The smaller rectangle on the left has fifteen k to the fourth power inside it. The smaller rectangle in the middle has thirty five k cubed inside it. The smaller rectangle on the right has twenty k squared inside it.
Width
=
Width=start text, W, i, d, t, h, end text, equals
Length
=
Length=start text, L, e, n, g, t, h, end text, equals

Answers

The width of the rectangle is 5k² and the length of the rectangle is 3k² + 7k + 4.

How to explain the information

The greatest common monomial factor of 15k⁴, 35k³, and 20k² is 5k². So the width of the rectangle is 5k².

The area of the rectangle is the product of its length and width. So the length of the rectangle is the area divided by the width. The area is 15k⁴ + 35k³ + 20k² and the width is 5k². So the length is:

= (15k⁴ + 35k³ + 20k²) / (5k²)

= 3k² + 7k + 4.

Therefore, the width of the rectangle is 5k² and the length of the rectangle is 3k² + 7k + 4.

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10 cm
15 cm
17 cm
5 cm
What is the volume of this figure?
6 cm
10 cm

Answers

The Volume of Trapezoidal prism is 420 cm².

From the given figure we can write the dimension of the prism as

a = 5, b=15, c= 15, d= 15

h= 7 and l = 6 cm

Now, Volume of Trapezoidal prism

= 1/2 (a+b) x h x l

= 1/2 (5+15) x 7 x 6

= 1/2 x 20 x 42

= 10 x 42

= 420 cm²

Thus, the Volume of Trapezoidal prism is 420 cm².

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I need some help with this

Answers

The solution of the given expression is,

x = 1/2.

The given expression is,

[tex]36^{3x} = 216[/tex]

Since we know that,

As the name indicates, exponents are utilized in the exponential function. An exponential function, on the other hand, has a constant as its base and a variable as its exponent, but not the other way around (if a function has a variable as its base and a constant as its exponent, it is a power function, not an exponential function).

Now we can write it as,

⇒ [tex]6^{2^{3x}} = 6^3[/tex]

⇒  [tex]6^{6x}} = 6^3[/tex]

Now equating the exponents we get,

⇒ 6x = 3

⇒   x = 3/6

⇒   x = 1/2

Hence,

Solution is, x = 1/2.

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A rhombus with horizontal
diagonal length 2 centimeters
vertical diagonal length 3 centimeters.
Find the area of the rhombus-shaped keychain.

3 cm2
5 cm2
6 cm2
12 cm2

Answers

The area of the Rhombus-shaped keychain is 3 square centimeters.

The area of the rhombus-shaped keychain,

we can use the formula:

Area = (diagonal1 * diagonal2) / 2

Given that the horizontal diagonal has a length of 2 centimeters and

the vertical diagonal has a length of 3 centimeters,

we can substitute these values into the formula:

Area = (2 * 3) / 2

    = 6 / 2

    = 3 cm^2

Therefore, the area of the rhombus-shaped keychain is 3 square centimeters.

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A sample of 22 observations selected from a normally distributed population produced a sample variance of 18 . a. To see if the population variance differs from 14 write the null and alternative hypotheses. b. Using �=.05α=.05, find the critical values of �2χ2. Display the chi-square distribution curve's rejection and nonrejection areas. c. Determine the test statistic �2χ2 value.  d. Will you reject the null hypothesis presented in component an at a 5% significance level?​

Answers

The degrees of freedom is 21, the critical values correspond to the points where the chi-square distribution curve separates the rejection and non-rejection areas and chi-square test statistic is 27.

The null and alternative hypotheses can be stated as follows:

Null Hypothesis (H0): The population variance is equal to 14.

Alternative Hypothesis (Ha): The population variance differs from 14.

To find the critical values of χ2 with α = 0.05, we need to determine the degrees of freedom first.

For a sample variance, the degrees of freedom (df) is given by (n - 1), where n is the sample size.

In this case, n = 22, so the degrees of freedom is 21.

Using a chi-square table or statistical software, we can find the critical values for a chi-square distribution with 21 degrees of freedom and α = 0.05.

The critical values correspond to the points where the chi-square distribution curve separates the rejection and non-rejection areas.

To determine the test statistic χ2 value, we need to calculate the chi-square test statistic using the given information.

The chi-square test statistic is calculated as:

χ2 = (n - 1) ×(sample variance) / (population variance)

Plugging in the values, we have:

χ2 = (22 - 1) × 18 / 14

=27

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which of the following is the slope of the line with equation -7x=6+3y

Answers

Answer:

Slope = -7/3

Step-by-step explanation:

-7x = 6 + 3y is in the standard form of a line, whose general equation is

Ax = C + By (it's sometimes written in terms of C and is Ax + By = C, but in this problem, it's written in terms of Ax).

We can find the slope of the line by converting from standard form to slope-intercept form, whose general equation is y = mx + b, where

m is the slope,and b is the y-intercept.

Step 1:  Subtract 6 from both sides:

(-7x = 6 + 3y) - 6

-7x - 6 = 3y

Step 2:  Divide both sides by 3 to isolate y:

(-7x - 6 = 3y) / 3

-7/3x - 2 = y

Thus, the slope of the line is -7/3

Answer:  Therefore the slope is [tex]-\frac{7}{3}[/tex].

Step-by-step explanation:

We can rewrite the equation -7x=6+3y in slope-intercept form y = mx + b, where the m is the slope of the line, and b is the y-intercept.

-7x = 6 + 3y

-6     -6        

-7x - 6 = 3y

[tex]\frac{-7x}{3}-\frac{6}{3} =\frac{3y}{3}[/tex]

[tex]\frac{-7}{3}x-2 =y[/tex]

Therefore the slope is [tex]-\frac{7}{3}[/tex].

What is n^2-11n+10

Please explain step by step and detailed to get the answer

Answers

The factored expression of n² - 11n + 10 is (n - 10)(n - 1)

How to factorize the expression

From the question, we have the following parameters that can be used in our computation:

n² - 11n + 10

To determine the pair of factors to factor the expression, we find two expressions

That must add up to -11nThat must mutiply to 10x²

using the above as a guide, we have the following:

The expressions are -10n and -n

So, we have

n² - 11n + 10 = n² - 10n - n + 10

When factored, we have

n² - 11n + 10 = (n - 10)(n - 1)

Hence, the factored expression of n² - 11n + 10 is (n - 10)(n - 1)

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Suppose that the volume, V,
of a right circular cylinder is
1280 cubic centimeters and
the radius of its base is
8 centimeters. What is the
height of the cylinder?
D

Answers

Answer:

[tex]\huge\boxed{\sf h \approx 6.4\ cm}[/tex]

Step-by-step explanation:

Given data:

Volume = v = 1280 cm³

Radius = r = 8 cm

π = 3.14

Required:

Height = h = ?

Formula:

V = πr²h

Solution:

Put the given data in the above formula.

Finding height of cylinder.

1280 = (3.14)(8)²(h)

1280 = (3.14)(64)(h)

1280 = 200.96 (h)

Divide both sides by 200.96

1280 / 200.86 = h

h ≈ 6.4 cm

[tex]\rule[225]{225}{2}[/tex]

100 Points! Geometry question. Photo attached. Write the equation of the parabola with the given conditions. Please show as much work as possible. Thank you!

Answers

Answer:

[tex](y - 4)^2 = -8(x - 2).[/tex]

Step-by-step explanation:

The equation of a parabola with a vertical axis of symmetry, vertex (h, k), and focus (h+a, k) is given by:

[tex](y - k)^2 = 4a(x - h)[/tex]

In this case, the vertex is (2, 4) and the focus is (0, 4).

Comparing this to the general equation, we have h=2, k=4, and h+a=0.

From h+a=0, we can solve for a:

a=-h = -2

Substituting the values of h, k, and p into the equation, we get:

[tex](y - 4)^2 = 4(-2)(x - 2)[/tex]

Simplifying further:

[tex](y - 4)^2 = -8(x - 2)[/tex]

Therefore, the parabola equation is[tex](y - 4)^2 = -8(x - 2).[/tex]

Your professor has offered to give you $100, starting next year, and after that growing at 3% for the next 20 years. You would like to calculate the value of this offer by calculating how much money you would need to deposit in the local bank so that the account will generate the money you would need to deposit in the local bank so that the account will generate the same cash flows as he is offering you. Your local bank will guarantee a 6% annual interest rate so long as you have money in your account.

1. How much money will you need to deposit into your account today?

2. Using an excel spreadsheet, show explicitly that you can deposit this amount of money into the account, and every year withdraw what your brother has promised, leaving the account with nothing after the last withdrawal.

3. Change the bank annual interest rate from 6% to 10% what is the difference?

Answers

To calculate the amount of money needed to deposit into the account today, we can use the concept of present value. The present value represents the current value of future cash flows, taking into account the time value of money.

1. To calculate the present value of the cash flows, we can use the formula for the present value of an annuity:

PV = C * (1 - (1 + r)^(-n)) / r

Where PV is the present value, C is the cash flow per period, r is the interest rate per period, and n is the number of periods.

In this case, the cash flow per period is $100, the interest rate per period is 6% (0.06), and the number of periods is 20.

Plugging in the values into the formula:

PV = 100 * (1 - (1 + 0.06)^(-20)) / 0.06

Calculating this value gives us the amount of money needed to deposit into the account today.

2. To show explicitly using an Excel spreadsheet, you can set up a column for each year, starting from year 0 (the present year) to year 20. In the first row, enter the initial deposit amount calculated in step 1. In the subsequent rows, use a formula to calculate the value for each year by adding the interest earned and subtracting the annual withdrawal of $100. The last value in year 20 should be zero, indicating that the account will have no remaining balance after the last withdrawal.

3. If the bank's annual interest rate changes to 10%, you would need to recalculate the present value using the new interest rate. Repeat step 1 with the new interest rate of 10% (0.10) to find the updated amount of money needed to deposit into the account today. Compare this value with the previous amount calculated with a 6% interest rate to determine the difference.

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Answers

Answer:

B Mean: 17.5  | W Mean: 20.5 | B Mode: 15 | W Mode: 20.5 | B Mode: 14 & 15 | W Mode: 20 & 21 | B Range: 17 | W Range: 3

Step-by-step explanation:

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