Gary's parents want him to attend The University of Houston. They opened a college savings account 15 years ago. Today, average yearly tuition and fees for one year at the university are about $10,350. Based on this information, about how much should Gary's parents have saved each of the 15 years to cover the cost of 4 years at The University of Houston?

Answers

Answer 1

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

Today, average yearly tuition and fees for one year at the university are about $10,350.

I will assume a yearly interest rate of 8%.

First, we need to calculate the total amount needed:

Future value (FV)= 10,350*4= $41,400

Now, using the following formula, the annual deposit required:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (41,400*0.08) / [(1.08^15) - 1]

A= $7,194.22


Related Questions

Answer ASAP PLS -

Angle PQR and angle TQV are vertical angles. The measures of the two angles have a sum of 100°. Write and solve an equation to find x, the measures of angle TQV.​

Answers

TQV: 50
good luck :’)

Write each polynomial in standard form.
-2.x2 + x4 +3

Answers

Answer:

x^4 - 2x^2 + 3

Step-by-step explanation:

Rearrange the terms so that they are in descending order by powerss of x;

Highest power is 4:  x^4, followed by x^2 and then the constant, x:

-2x^2 + x^ 4+ 3 =  x^4 - 2x^2 + 3 (answer)

If you roll a single six-sided die, what is the probability of rolling an odd number?

Answers

is usually three-sixths or three out of six

I am not sure but the probability could be 50% because there are 3 odd numbers on a die out of 6 and so half would be 50/100. Or 3/6.

PLS HELP ME

What would the measure of the third angle
equal?

Answers

Answer:

55

Step-by-step explanation:

180−43−82=55(angles of a triangle add upto 180)

What would the measure of the third angle equal?

Well given that all 3 vertices of a triangle are supposed  to be a sum of 180*

Hence this information side E is 82* and side H is 43* and when added up they equal 125 so then you would subtract 180 - 125 =  55\

Therefore, side T = 55*

The value of an irrigational number expression is estimated to be between 18 and 19. Which could be the expression

Answers

the answer is A because 2 multiplied by 9 is 18

What is the solution to 4|0.5x – 2.5| = 0?

x = 1.25
x = 5
x = –1.25 or x = 1.25
x = –5 or x = 5

Answers

Answer:

B. X=5

Step-by-step explanation:

To solve this problem, first, you have to isolate the value of x from one side of the equation.

[tex]\sf{4|0.5x-2.5|=0}[/tex]

First, divide by 4 from both sides of an equation.

[tex]\sf{\dfrac{4|0.5x-2.5|}{4}}=\dfrac{0}{4}[/tex]

Solve.

|0.5x-2.5|=0

0.5x-2.5=0

x=5

Therefore the correct answer is x=5.

Answer:x=5 nice day

Step-by-step explanation:I now did this

Does the mean or median best describe a typical value in the data set shown?19, 18, 19, 18, 19, 19, 1, 19, 18, 19, 18

Answers

Answer:

Probably mean.

Step-by-step explanation:

The median is the middle number (in this case, 19) and the mean is the average of all the numbers

a) 3∕5= 60∕100= 40% (resolvido) b) 11∕4= c) 4∕20= d) 9∕5= e) 10∕200= 5∕100= 5% (resolvido) f) 8∕200= g) 30∕300=

Answers

Answer:

En cada expresión queremos obtener 100 en el denominador.

Notar que en la primer eq. tendríamos:

a) 3/5 = (20/20)*(3/5) = (20*3)/(20*5) = 60/100 = 0.6  (corresponde a 60%)

b) 11/4 = ?

Acá el denominador es 4

tenemos que encontrar un número k tal que:

k*4 = 100

k = 100/4 = 25

Entonces podemos multiplicar denominador y numerador por 25.

11/4 = (25/25)*(11/4) = (25*11)/(25*4) = 275/100 = 2.75 (corresponde a 275%)

c) 4/20

el denominador es 20, entonces tenemos que resolver:

20*k = 100

k = 100/20 = 5

multiplicamos denominador y numerador por 5:

(5/5)*(4/20) = (5*4)/(5*20)  =  20/100 = 0.2  (corresponde al 20%)

d) 9/5

el denominador es 5, entonces debemos resolver:

5*k = 100

k = 100/5 = 20

Debemos multiplicar denominador y numerador por 20

(20/20)*(9/5) = (20*9)/(20*5) = 180/100 = 1.8  (corresponde a 180%)

e) 10/200 = 5/100 = 0.05  (corresponde al 5%)

f) 8/200

Se resuelve de similar forma al de arriba (que ya tenias resuelto).

Aca el denominador eso 200, entonces tenemos que tener:

200*k = 100

k = 100/200 = 1/2

Entonces multiplicamos numerador y denominador por 1/2

(1/2/1/2)*(8/200) = (8*1/2)/(200*1/2) = 4/100 = 0.04 (corresponde al 4%)

g) 30/300

aca el denominador es 300

Entonces:

300*k = 100

k = 100/300 = 1/3

Multiplicamos numerador y denominador por 1/3

(1/3/1/3)*(30/300) = (30*1/3)/(300*1/3) = 10/100 = 0.1  (corresponde al 10%)

multiple choice question pls help!

Answers

pretty sure it's 18

Find the value of (8^0+7^-1)x3^2

Answers

Answer: look at the picture

Step-by-step explanation: Hope this help :D

72x/7

Hope this Helped :T

PLZ HELP
Determine if the sequence is arithmetic or geometric, and find the common difference or ratio.


x 1 2 3 4
f(x) 81 72 63 54
Arithmetic, common difference = 9
Arithmetic, common difference = −9
Geometric, common ratio = 9
Geometric, common ratio = −9

Answers

Answer:

The second item is the correct one , i mean arithmetic , common difference = -9 .

Step-by-step explanation:

Hope this helps u , good luck ;)

Answer:

The correct option among the others is B

Step-by-step explanation:

which number line shows the solution to the inequality -2x-3> -11

Answers

The solution to the inequality is x is less than 4.

What is inequility ?

An inequality is a mathematical statement that expresses a relationship between two values or expressions that are not necessarily equal. Inequalities are often used in mathematics to compare values, express constraints or limitations, and solve problems involving ranges of values.

To solve the inequality -2x - 3 > -11, we can start by isolating the variable x.

-2x - 3 > -11

Add 3 to both sides:

-2x > -8

Divide both sides by -2 (and flip the inequality because we're dividing by a negative number):

x < 4

So the solution to the inequality is x is less than 4.

To know more about inequility visit :

https://brainly.com/question/30238989

#SPJ1

. An artist's studio has the shape shown below. What
is the area of the entire floor space?
20 ft
12 ft
6 ft
6 ft
14 ft

Answers

Answer: 120960 ft.

Step-by-step explanation:

A rectangular banner covers an area of 2 7/8ft2. The length of the banner is 3/4ft. What is the width of the banner in ft?

Answers

Answer:

Width of the rectangular banner is [tex]3\frac{5}{6}[/tex] ft.

Step-by-step explanation:

Area of the rectangular banner = [tex]2\frac{7}{8}[/tex] square feet

                                                    = [tex]\frac{23}{8}[/tex] square feet

Area of rectangle is given by,

Area = Length × Width

Length of the banner = [tex]\frac{3}{4}[/tex] feet

From the formula,

[tex]\frac{23}{8}=\frac{3}{4}\times W[/tex]

W = [tex]\frac{\frac{23}{8} }{\frac{3}{4} }[/tex]

    = [tex]\frac{23}{8}\times \frac{4}{3}[/tex]

    = [tex]\frac{23}{6}[/tex]

     = [tex]3\frac{5}{6}[/tex] ft

Therefore, width of the rectangular banner is [tex]3\frac{5}{6}[/tex] ft

ILL BRAINLIEST IF YOU GET IT RIGHT

PLEASE HELP ME FIND THE VALUE OF X

Answers

Answer:

x=60°

Step-by-step explanation:

x=x(vertically opposite angles)

Now,

x+120°=180°

x=180°-120°

x=60°

A school day starts at 08:50 hrs. and ends at 15:00 hrs. There are two breaks. One lasting 20 minutes and the other 1 hour. How much time is devoted to school activities?

Answers

Answer:

4:50 hrs to school activities

Step-by-step explanation:

the entire school day 6:10 hrs (with breaks)

so if we remove the breaks (which are 1:20hrs in total) we'll have 4:50hrs.

the equation would be: (the time the full day is)-(the total of breaks)= the school activity time.

so: 6:10hrs-1:20hrs= 4:50hrs

there's your answer. 4:50 hrs

*just remember i am working in the hrs format meaning 60 mins= 1hrs*

-9q = 63 what would be q

Answers

Answer:

-7

Step-by-step explanation:

-9q = 63

q= 63/-9 = -7

Point B has coordinates ​(4,1). The​ x-coordinate of point A is -4. The distance between point A and point B is 10 units. What are the possible coordinates of point​ A?

Answers

Given:

Point B has coordinates ​(4,1).

The​ x-coordinate of point A is -4.

The distance between point A and point B is 10 units.

To find:

The possible coordinates of point​ A.

Solution:

Let the y-coordinate of point A be y. Then the two points are A(-4,y) and B(4,1).

Distance formula:

[tex]D=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

The distance between point A and point B is 10 units.

[tex]\sqrt{(4-(-4))^2+(1-y)^2}=10[/tex]

Taking square on both sides, we get

[tex](8)^2+(1-y)^2=100[/tex]

[tex](1-y)^2=100-64[/tex]

[tex](1-y)^2=36[/tex]

Taking square root on both sides, we get

[tex](1-y)=\pm \sqrt{36}[/tex]

[tex]-y=\pm 6-1[/tex]

[tex]y=1\mp 6[/tex]

[tex]y=1-6[/tex] and [tex]y=1+6[/tex]

[tex]y=-5[/tex] and [tex]y=7[/tex]

Therefore, the possible coordinates of point​ A are either (-4,-5) or (-4,7).

1. Order from smallest to largest:
Number of pennies in a stack that is 1 ft high
Number of books in a stack that is 1 ft high
Number of dollar bills in a stack that is 1 ft high
Number of slices of bread in a stack that is 1 ft high

Answers

Answer:

book, bread, penny, bills

Step-by-step explanation:

It takes the least amount of books to reach 1ft, then bread, penny, lastly bills

Which event is most likely to occur?

A. flipping a fair coin, with sides labeled heads and tails, and the coin landing on tails

B. choosing a marble out of a bag, with nine blue marbles and one red marble, and the marble is red

C. rolling a fair number cube, with faces labeled one to six, and the cube landing on a number less than six

D. spinning the arrow on a spinner, with four equal sectors labeled one to four, and the arrow landing on a number greater than one

Answers

The answer is A because it’s a 50% chance

Giving brainlist to whoever answers

Answers

Answer:

10 I believe I really hope it helped!

Step-by-step explanation:

Answer:

That's easy! 10 times

Step-by-step explanation:

60 divided by 6 is 10

Ana planted a garden with equal of roses daffodils and tulips. if she randomly selects a flower what is the probability that it is a lilly

Answers

Answer:

33.3%

Step-by-step explanation:

If all of them are equal out of 100%

that means Roses are 33.3 daffodils are 33.3 and lilly's are 33.3

What is the volume of this solid figure made with cubes

Answers

Answer:

15

Step-by-step explanation:

three times five = fifteen and height is 1

Answer:

15

Step-by-step explanation:

multiply the length x width x height

Please Help ASAP!!!!!!!!

Answers

Answer:

2 i think

Step-by-step explanation:

the answer is 2 because the answer is 2

How to find area when perimeter is given?

Answers

Put formula of perimeter and simplify to get value of any variable ,

Then replace the value of that variable in formula of area and then simplify it .

Please only answer this if ur not just guessing.
sally and belvedere are collecting shirt with a ratio of 4:10. if they collected 462 shirts altogether, how many shirts did sally collect?

Answers

Hey how you doing hope you have a wonderful day

Answer:

132

Step-by-step explanation:

the ratio for saly is 4 out of 14. so 4/14 is 0.28571429. and if you multiply that by the total collected shirts which is 462, you get 132 :)))

Cynthia has earned $1200. She wants to spend $300 and put the rest into a savings
account that earns 5% simple interest. Assuming she makes no additional deposits or
withdrawals what will be the value of Cynthia's account after 48 months?
A) $180
B)$240
C)$720
D)$1080

Answers

Answer:

Incomplete problem, read the step-by-step.

Step-by-step explanation:

$1200-$300=$900

5% of $900 is $45

You didn't say if the 5% is per month or per year, if you want more help, comment on this answer the per year/whatever/month and then I'll help you further into this word problem.

Hope this helped! :)

Quick question its in the picture explain if u can pls:)

Answers

Step-by-step explanation:

[tex]6g + 4h + g + 7h = \\ = 7g + 11h[/tex]

Answer 7g + 11h
Always put the same variables together with problems like this

Please answer correctly! I will mark Brainliest!

Answers

Answer:

Mind Making A New So We Can Help?

Step-by-step explanation:

2\0.1 x 10\10 = it would help me a lot

Answers

Answer:

The answer is1 thank you

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