Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $90,000 cash immediately, (2) $35,000 cash immediately and a six-period annuity of $9,400 beginning one year from today, or (3) a six-period annuity of $17,700 beginning one year from today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

1. Assuming an interest rate of 5%, determine the present value for the above options. Which option should Alex choose?
2. The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030. Weimer will make annual deposits of $180,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 6% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2030?

Answers

Answer 1

Based on the annuities calculated, he should choose option 1.

How to calculate the annuities?

Present value = $35,000 + (Annuity amount * Present value of an ordinary annuity of $1)

= $35,000 + ($9,400 * (5%,6))

= $35,000 + ($9,400 * 5.07569)

= $35,000 + 47,711

= $82,711

Present value = (Annuity amount * Present value of an ordinary annuity of $1)

= $17,700 * (5%,6)

= $17,700 * 5.07569

= $89,840

Alex should choose Option 1

Future value annuity = Annuity amount * Future value of an ordinary annuity of $1

= $180,000 * (6%,10)

= $180,000 * 13.1808

= $2,372,544

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Related Questions

ƒ(x) = x² - x - 1
What is the average rate of change of f over
the interval -1 ≤ x ≤ 1?

Answers

Answer: -1

Step-by-step explanation:

[tex]f(-1)=(-1)^2 - (-1)-1=1\\\\f(1)=1^{2}-1-1=-1\\\\\therefore \frac{f(-1)-f(1)}{-1-1}=\frac{1-(-1)}{-1-1}=\frac{2}{-2}=\boxed{-1}[/tex]

Solve the following triangle. Round side measure to the nearest tenth and angle measure to the nearest degree:

Answers

Answer: [tex]AB=4.7, BC=8.8, \angle C=28^{\circ}[/tex]

Step-by-step explanation:

As angles in a triangle add to 180 degrees,

[tex]\angle C=180^{\circ}-90^{\circ}-62^{\circ}=\boxed{28^{\circ}}[/tex]

We know that:

[tex]\sin 62^{\circ}=\frac{BC}{10}\\\\BC=10\sin 62^{\circ} \approx \boxed{8.8}[/tex]

Similarly,

[tex]\cos 62^{\circ}=\frac{AB}{10}\\\\AB=10\cos 62^{\circ} \approx \boxed{4.7}[/tex]

Given the function f ( x ) = x 2 − 6 x + 10 , what is the average rate of change of the function over the interval [ 4 , 8 ] ?

Answers

The rate of change of the function over the interval [ 4, 8 ] will be 6.

What is the rate of change of the function?

The rate of change function represents the rate at which one quantity changes in relation to another. Simply put, the rate of change is the difference between the amount of change in one item and the comparable amount of change in another.

Given function:-

F(x) = x² - 6x + 10

The formula for calculating the rate of change will be given as:-

[tex]ROC = \dfrac{F(x_2)-F(x_1)}{x_2-x_1}[/tex]

We have x₁ = 4 and x₂ = 8 given in the question

F(x₂) =  x²₂ - 6x₂ + 10 = (8)² - ( 6 x 8 ) + 10 =

F(x₂) = 64 - 48 + 10

F(x₂) = 26

F(x₁) =  x²₁ - 6x₁ + 10 = (4)² - ( 6 x 4 ) + 10 =

F(x₁) = 16 - 24 + 10

F(x₁) = 2

[tex]ROC = \dfrac{F(x_2)-F(x_1)}{x_2-x_1}[/tex]

[tex]ROC = \dfrac{26 -2}{8-4}=\dfrac{24}{4}=6[/tex]

Therefore the rate of change of the function over the interval [ 4, 8 ] will be 6.

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a die is tossed twice and the number of dots facing up in each toss is counted and noted in the order of occurrence. (a) find the sample space. (b) find the set a corresponding to the event “number of dots in first toss is not less than number of dots in second toss.” (c) find the set b corresponding to the event “number of dots in first toss is 6.” (d) does a imply b or does b imply a? (e) find and describe this event in words. (f) let c correspond to the event “number of dots in dice differs by 2.”

Answers

A die is tossed twice and a number of dots facing up in each toss are counted and noted in the order of occurrence.

a) The sample space is given as:

Sample Space (S)= {(1,1), (1,2), (1,3), (1,4), (1,5), (1,6), (2,1), (2,2), (2,3), (2,4), (2,5),(2,6),(3,1),(3,2),(3,3)(3,4),(3,5),(3,6),(4,1),(4,2),(4,3),(4,4),(4,5),(4,6),(5,1)(5,2)(5,3),(5,4),(5,5),(5,6),(6,1),(6,2),(6,3),(6,4),c),(6,6)}.

What is the sample space?

A sample space is a collection of a set of possible outcomes of a random experiment. The sample space is represented using the symbol S.

b) the set corresponding to the event number of dots in the first toss is not less than the number of dots in the second toss.

{(6,6),(6,5)(6,3)(6,2)(6,1)(6,4),(5,1)(5,2)(5,3),(5,4),(5,5),(4,1),(4,2),(4,3),(4,4),(3,1),(3,2), (2,1), (2,2),(1,1)}

c) find the set b corresponding to the event number of dots in the first toss is 6.

{(6,1),(6,2),(6,3),(6,4),c),(6,6)}.

e) a does not imply b or does b imply a.

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What algebraic expression is a product with a factor of 5

Answers

Answer:

y=5x

Step-by-step explanation:

A product means multiplication, and you need to multiply x by 5 in order to make the product have a factor of 5.

A bedroom measures 9 feet long and 11 feet wide. A scale drawing is made using a scale factor of 112.

What is the length of the bedroom in the scale drawing?

3/4 11/12 5/3

Answers

multiply the actual length by the scale:

9 x 1/12 = 9/12 = 3/4


Answer: 3/4

A tree is making a shadow 22 feet long. The angle of elevation from the tip of
the shadow to the top of the tree is 50°.
feet. Round your answer to the nearest
The height of the tree is about
foot.

Answers

Answer:

26.2 feet

Step-by-step explanation:

tan(50°) = h/22

h = 22 × tan(50°) = 26.2 feet

-
Find the area of a rectangle with a length of 15 inches and a width of 9 inches. The area of the rectangle is
inches. Enter only the number.
The solution is
square

Answers

135inches2

Step-by-step explanation:

by multiplying both length and width you can get the sum

Find the x-intercept of 2x+2y=2

Answers

Answer:

x-intercept: (1,0)

y-intercept: (0,1)

Step-by-step explanation:

Given: Find the x and y intercepts of 2x + 2y = 2

X-intercept

To solve for a x - intercept we have to substitue 0 in for y and solve for [tex]x[/tex]

Lets do it:

2x + 2(0) = 2

2x + 0 = 2

2x = 2

x = 1

Therefore, this means that when y = 0, x = 1 or (1,0)

Y-intercept

To solve for a y - intercept we have to substitue 0 in for x and solve for [tex]y[/tex]

Lets do it:

2(0) + 2y = 2

0 + 2y = 2

2y = 2

y = 1

Therefore, this means that when x = 0, y = 1 or (0,1)

A dairy farmer wants to make 45% protein supplement and a standard 15% protein ration to make 1800 pounds of high grade 35% protein ration how many pounds of each should be used.

Answers

1200 pounds of protein supplement and 600 pounds of standard protein is used.

Let a be the protein supplement and b be the standard protein.

Given that protein supplement and standard protein make 1800 pounds of high grade protein.

i.e., a+b = 1800 ------- (1)

45% a + 15% b = 35% 1800

0.45a + 0.15b = 1800 (3.5)

By (1), a = 1800 - b

Substituting, we get

0.45 (1800-b) + 0.15b = 630

810 - 0.45 b + 0.15b = 630

- 0.3 b = - 180

b = -180/-0.3

b = 600

Substituting b = 600 in (1),

we get

a = 1200.

Hence, 1200 pounds of protein supplement and 600 pounds of standard protein is used.

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Shauna solved the polynomial equations given in the table.
Determine whether each polynomial is correct. Select Correct or Incorrect for each equation.
Equation
-
(5a - 8) + (2a² + 2a − 1) = 2a² + 7a - 9
(6² +6b-4) (3b +6²) = 26² +36-4
(9c-4c²) - (2c² + c) = -6c² + 10c
-
Correct
Incorrect

Answers

Answer:

(5a - 8) + (2a² + 2a − 1) = 2a² + 7a - 9 - correct.

Step-by-step explanation:

(5a - 8) + (2a² + 2a − 1) = 2a² + 7a - 9 - correct;

(6² +6b-4) (3b +6²) = 26² +36-4 - incorrect (correct is: 18b²+...36²);

(9c-4c²) - (2c² + c) = -6c² + 10c - incorrect (correct is: -6c² + 8c).

What is 3/4 divided by 1/2

Answers

Answer:
Fraction: 3/2
Decimal: 1.5

Answer:

1 1/2

Step-by-step explanation:

Convert both fractions into decimals

⇒ 3/4 (0.75) and 1/2 (0.50)

Divide the decimals:

⇒0.75 ÷ 0.50

Find the quotient

⇒ 1.5

Convert the quotient to a fraction

⇒ 1 1/2

Terms:

Operations with fractions

La diferencia de las medidas de dos ángulos suplementarios es 20% determina el complemento del menor de dichos ángulos

Answers

Smaller angle = 50
Larger angle = 130

Let smaller angle be x degree

=> larger angle= [tex]3x - 20[/tex]

Since these angles are supplementary , So

[tex]= > x + 3x - 20 = 180\\= > 4x = 200\\= > x = 50\\= > 3x - 20\\ = > 150 - 20 = 130[/tex]

So smaller angle would be 50 deg & larger angle would be  130 deg.

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Create a real-life representation of the following multiplication problem. Explain what the result represents in the problem.
24(1/3) = 8

Answers

The real-life problem will be:- The total number of chocolates is 24 and there are 3 boxes what will be the number of chocolates filled in each box. The number of chocolates in each box will be 8.

What is an expression?

Expression in maths is defined as the collection of the numbers variables and functions by using signs like addition, subtraction, multiplication, and division.

The given expression is:-

[tex]24\times \dfrac{1}{3}[/tex] = 8

The real-life problem will be given the as:-The total number of chocolates is 24 and there are 3 boxes what will be the number of chocolates filled in each box. The number of chocolates in each box will be 8.

Hence the number of chocolates in each box will be 8.

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look at the picture

Answers

the answer to the question is the first answer choice

Which algebraic expression is a trinomial?
O x³ + x²-√x
O 2x³-x²
○ 4x³ + x²-1/x
O x-x+√6

Answers

Answer:

D. x^6 - x + √6

Step-by-step explanation:

Last option:

⇒  x^6 - x + √6

Cannot be simplified further and has three terms.

Therefore is a trinomial.

The algebraic expression that is a trinomial is 2x³-x².

What is a polynomial?

An expression that consists of variables, constants, and exponents that are combined using mathematical operations like addition, subtraction, multiplication, and division is referred to as a polynomial.

A trinomial is a polynomial that has three terms.

In the given options, the only expression that has three terms is "2x³-x²". It has the terms 2x³, -x², and 0x (which is often omitted).

The other options have different numbers of terms or they have terms with fractional or radical exponents, which do not fit the definition of a trinomial.

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To which subsets of the Real Numbers does square root of 36 belong.

Answers

Answer:

The square root of 36 is a rational number. A rational number is a number that can be written as a fraction, a/b, where a and b are integers.

Answer:

Step-by-step explanation:

Hi, let me help you out.

The square root of 36 is 6.

6 belongs to the following subsets.

Natural Numbers (All numbers greater than 1, except fractions or decimalsWhole Numbers (All Natural Numbers + 0; fractions are still NOT included)Integers (All Whole Numbers + negative numbers; this set includes neither fractions nor decimals, like the two number sets aboveRational Numbers (All integers plus - wait for it - fractions & decimals!)

Overall, 6 belongs to 4 sub-sets.

__________________

Hope I helped! Best wishes.

___________________

A cell phone towerbcast a shadow that is 40 feet long . An 10- foot- tall stop sign located near the tower casts a shadow that is 8 feet long. How tall is the cell phone tower?

Answers

Using proportions, considering the relation between the height and the shadow, it is found that the cell phone tower is 50 feet.

What is a proportion?

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

When the shadow is of 8 feet, the height is of 10 feet. What is the height when the shadow is of 40 feet? The rule of three is:

8 feet - 10 feet

40 feet - h feet

Applying cross multiplication:

8h = 10 x 40

Simplifying by 8:

h = 10 x 5 = 50 feet.

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the height of a plant in centimeters is modeled as a function of time, in days. consider this graph of the function enter the average rate of change for the height of the plant measured in centimeters per day between day 0 and day 20

Answers

The average rate of change for the height of the plant measured in centimeters per day between day 0 and day 20 is 1.32 cm per day.

What is average height?

The average height is the ratio of change in height of the plant and the time taken taken for that change.

Given is the height of a plant in centimeters is modeled as a function of time, in days.

For day 0, the height is 18cm and the height for day 20 is 42 cm, then the average height change is

height per day = 42 - 18/ 20 -0

height per day  = 1.2 cm/day

Thus, the average height of plant is  1.2 cm/day.

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The price p in dollars that a store sets for an items is given by the equation p=c + 1/10c where c dollars is the stores cost for the items if the store sets a price of $55 for an ideal what is the cost for the item

Answers

The cost of the item whose price $ 55 is $ 50.

What is Cost Price?

The cost price is the price paid by an individual to buy an item or any other commodity. Or this can also be taken as the total amount of money spent by the manufacturer to assemble a product or deliver a service.

Here, Price equation in terms of cost

       P = C + C/10

      P =  (10C+C)/10

      P = 11C/10

      C = 10P /11

For P = $ 55, the cost will be

      C = 10 X 55 / 11

      C = 10 X 5

      C = $ 50

Thus, the cost of the item whose price $ 55 is $ 50.

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NEED HELP ASAP WILL MARK BRAINLIEST!

Answers

Answer:

log_{b} (5b) = 2.609

Given that:

log_{b} (3) = 1.099

log_{b} (5) = 1.609

Evaluating with that:

[tex]\sf log_b (5b) = log_b\left(5\right)+log_b\left(b\right)[/tex]

            [tex]= \sf 1.609 + 1[/tex]

             [tex]= \sf 2.609[/tex]

Rule Used:

[tex]\rm \log _a\left(xy\right)=\log _a\left(x\right)+\log _a\left(y\right)[/tex]

The box plots below show attendance at a local movie theater and high school basketball games:
Two box plots are shown. The top one is labeled Movies. Minimum at 130, Q1 at 162, median at 185, Q3 at 195, maximum at 290. The bottom box plot is labeled Basketball games. Minimum at 85, Q1 at 170, median at 200, Q3 at 225, maximum at 230.

Which of the following best describes how to measure the spread of the data?
- The IQR is a better measure of spread for movies than it is for basketball games.
- The standard deviation is a better measure of spread for movies than it is for - basketball games.
- The IQR is the best measurement of spread for games and movies.
- The standard deviation is the best measurement of spread for games and movies.

Answers

The standard deviation is a better measure of spread for movies than it is for basketball games.

What is box- plot?

A box plot is a graphical rendition of statistical data based on the minimum, first quartile, median, third quartile, and maximum.

As, Movies is more centric to mean and not skewed on a particular side whereas basketball games is not centric to mean but is skewed right then left.

Now, Standard deviation just measures the deviation or spread with respect to mean of collected data.

So, In the movies the data is more collected. Thus standard deviation is best suited for movie data.

Now, interquartile range. IQR relies on if the data is skewed.

So, in the basketball data the standard deviation will not give the information.

Hence, the  standard deviation is a better measure of spread for movies than it is for basketball games.

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PLEASE HELP WITH THIS PROBLEM!

Answers

Answer: Options 1 and 2

Step-by-step explanation:

To model exponential decay, the base of the exponential has to be less than 1.

Model exponential decay equation are

y = 0.34(0.98)^x

y = 8 (0.28)^x

Model exponential decay equation

Model exponential decay equation has the base value which is less than 1.Exponential decay is the process of reducing amount by consistent percentage rate over a time period. It can be expressed by the equation y=a(1-b)x where y is the final amount, a original amount, b decay factor, and x is the amount of time that has passed.

Option C and D have the base value greater than 1. So it can't be model exponential decay equation.

Hence, the model exponential decay equation are

y = 0.34(0.98)^x

y = 8 (0.28)^x

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Click an item in the list or group of pictures at the bottom of the problem and, holding the button down, drag it into the correct position in the answer box. Release your mouse button when the item is place. If you change your mind, drag the item to the trashcan. Click the trashcan to clear all your answers. Indicate the equation of the given line in standard form. The line that contains the point Q( 1, -2) and is parallel to the line whose equation is y - 4 = 2/3 (x - 3)

Answers

The value of x, y, and z are 15/2,  (15√3)/2, and  (15√3)/2 after applying the trigonometric ratios.

What is trigonometry?

Trigonometry is a branch of mathematics that deals with the relationship between sides and angles of a right-angle triangle.

The question is incomplete.

The complete question is in the picture, please refer to the attached picture.

To find the value of x:

In right-angle triangle x-z-15:

sin30 = x/15

x = 15sin30 = 15/2

To find the value of y:

sin60 = y/x = y/(15/2)

sin60 = 2y/15

√3/2 = 2y/15

y = (15√3)/2

To find the value of z:

cos30 = z/15

√3/2 = z/15

z = (15√3)/2

Thus, the value of x, y, and z are 15/2,  (15√3)/2, and  (15√3)/2 after applying the trigonometric ratios.

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Solve 8x + c = k for x.
A. x=8(k-c)
OB. x=
_k+c
8
O C. x = 8(k+c)
O D. x=
k-c
8

Answers

Answer: [tex]x=\frac{c-k}{8}[/tex]

Step-by-step explanation:

[tex]1) \text { } 8x+c=k \text{ (given)}\\\\2) \text { }8x=c-k \text{ (subtract } k \text{ from both sides)}\\\\3) \text { } \boxed{x=\frac{c-k}{8}} \text{ (divide both sides by 8)}[/tex]

Expand each expression A ( x+1)^2 B(x-3)^2. C ( x+4)^2 D (x-1/2)^2

Answers

The expanded expressions are shown below:

(x + 1)² = x² + 2 · x + 1(x - 3)² = x² - 6 · x + 9(x + 4)² = x² + 8 · x + 16(x - 1/2)² = x² - x + 1/43 · (x - 5)² = 3 · (x² - 10 · x + 25) = 3 · x² - 30 · x + 75(1/2) · (x - 2)² = (1/2) · (x² - 4 · x + 4) = (1/2) · x² - 2 · x + 2

How to expand perfect square trinomials

Perfect square trinomials are polynomials of grade 2 with the form (a + b)² = a² + 2 · a · b + b². In this case, we have to expand six perfect square trinomials:

a) (x + 1)² = x² + 2 · x + 1

b) (x - 3)² = x² - 6 · x + 9

c) (x + 4)² = x² + 8 · x + 16

d) (x - 1/2)² = x² - x + 1/4

e) 3 · (x - 5)² = 3 · (x² - 10 · x + 25) = 3 · x² - 30 · x + 75

f) (1/2) · (x - 2)² = (1/2) · (x² - 4 · x + 4) = (1/2) · x² - 2 · x + 2

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RATS is a parallelogram. M

Answers

Answer:

Answer:

x = 12

Step-by-step explanation:

m∠S + m∠T = 180

8x + 7x = 180

15x = 180

x = 12

does this help?

patulong po,thankyou

Answers

The answer is 27 cubic meters. Why? Well, the formula for the volume of a rectangular box is length times width times height (or base times height because length and width make up what is known as the base). Provided these measurements, all we need to do in this equation is multiply the length, width, and height to get our volume.

1.8 x 1.2 = 2.16

2.16 x 12.5 = 27

Because we just multiplied all three numbers by each other, we have identified our missing volume. The volume of the rectangular box is 27 cubic meters.

Your final answer: A.

Eli read 1 book in 5 months If he read constantly how many books did he read?

Answers

Answer:

(life span - age when he started reading)/5months =number of books he read

Step-by-step explanation:

(life span - age when he started reading)/5months =number of books he read

2. Mike is looking to purchase a Ford Explorer, which has a sticker price of $32,415. He's able to negotiate $3,000
off sticker price, and the tax rate is 6.5%. License and title fees are $395. If he trades in his minivan for $9,000
(deducted from the negotiated price before taxes), the monthly payment will be $500.95 for 60 months. He is
also offered a lease with $2,900 down and payments of $429 for 36 months.
a) How much will Mike pay total if he chooses the lease option?
b) How much more will he pay in the first three years if he chooses to buy instead?
c) How much interest will he pay if he buys?
d) Which option would you choose? Explain.
3. Maya bought a new Ford Focus for $17,400. She made a down payment of $4,000 and made monthly payments
of $396 for three years. Find the APR.

Answers

Answer:

.wfhytrsssssssssd

Step-by-step explanation:

dddddddddddddddddd

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Which of the following is NOT a relative pronoun?OthatOthoseO whomO which What does the conflict in this story show about the character of Monica? From the age of 14 onward, Monica never stopped working. She studied hard to make straight As, became a member of five different school clubs, and even worked at a fast-food restaurant after school. By the time she was an adult, Monica finally succeeded. She took a job that paid more than she could ever spend, although she worked 14 hours a day, even on weekends. One day, she collapsed from exhaustion. The doctor said the stress was killing her and she needed to take some time off. The doctor asked what she did in her spare time. She only blinked in response, unable to answer. What does the conflict in this story show about the character of Monica ? From the age of 14 onward , Monica never stopped working . She studied hard to make straight As , became a member of five different school clubs , and even worked at a fast - food restaurant after school . By the time she was an adult , Monica finally succeeded . She took a job that paid more than she could ever spend , although she worked 14 hours a day , even on weekends . One day , she collapsed from exhaustion . The doctor said the stress was killing her and she needed to take some time off . The doctor asked what she did in her spare time . She only blinked in response , unable to answer . Determining which actions are right vs. Wrong represents which element of james rests ethical decision-making model?. Consider a society that is producing inside its production possibilities curve. This society could best achieve efficiency in its production of output by What characterizes those most likely to vote in the next election?. Which two details in the passage support the idea that Darcy is also prejudiced against Elizabeth?from Pride and Prejudiceby Jane AustenIn this scene, Elizabeth has rejected Darcys proposal of marriage has given her opinion of him, and the following is his response to her."And this," cried Darcy, as he walked with quick steps across the room, "is your opinion of me! This is the estimation in which you hold me! I thank you for explaining it so fully. My faults, according to this calculation, are heavy indeed! But perhaps," added he, stopping in his walk, and turning towards her, "these offences might have been overlooked, had not your pride been hurt by my honest confession of the scruples that had long prevented my forming any serious design. These bitter accusations might have been suppressed, had I with greater policy concealed my struggles, and flattered you into the belief of my being impelled by unqualified, unalloyed inclination; by reason, by reflection, by every thing. But disguise of every sort is my abhorrence. Nor am I ashamed of the feelings I related. They were natural and just. Could you expect me to rejoice in the inferiority of your connections? To congratulate myself on the hope of relations, whose condition in life is so decidedly beneath my own?" One of the reasons that countries flocked to the "New World" was the rumor of gold and riches.Please They brought a new plasma TV for $1800 he made a down payment for 500 and then find is the balance to the store unfortunately he was unable to make the first monthly payment and now pay 7% interest per month on the balance what is Vicks monthly interest payment Please give answer Its for a school work Standard FormInstructions: Rewrite the equation in proper Standard Form.Equation: x - y = 3Standard Form:Check Calculate the force of gravity on a 1kilogram box located at a point 1.3 107 meters from the center of Earth. (The value of G is 6.673 10-11 newton meter2/kilogram2. The mass of Earth is 5.98 1024 kilograms.) PLEASEEEE HELP MEEEEE