Answer:
x = 0
Step-by-step explanation:
6x – 2 + 2x = 2(4x – 3) + 4
8x - 2 = 8x - 6 + 4
8x - 2 = 8x - 2
8x = 8x + 0
0x = 0
x = 0
Answer:
477
Step-by-step explanation:
- (3.2 × 104) = 332.8
- (1.4 × 103) = 144.2
- Plug the answers above in: (332.8) + (144.2)
- (332.8) + (144.2) = 477
I hope this helps!
Answer:
The computation of the given question is shown below:-
Total Contributions = Monthly contribution + Amount invested in Ferdinand’s 401(k)
= $250 + $125
= $375
1. Future Value = PMT [((1 + r)n - 1) ÷ r
Future value = 375 × ((1 + 0.03 ÷ 12) × 12 × 40 - 1) ÷ (0.03 ÷ 12)
= $347,272
2. Ferdinand deposit = Given Amount × Total number of months in a year × Number of years
= $250 × 12 Months × 40 Years
= $120,000
3. The Amount put in by the employer = 50% of $250 ×Total number of months in a year × Number of years
= $125 × 12 Months × 40 Years
= $60,000
4. Interest = Future value - Ferdinand deposit - The Amount put in by the employer
= $347,272 - $120,000 - $60,000
= $167,272
Step-by-step explanation:
