Charles would like to accumulate $340,000 for her retirement in 10 years. If she is promised a rate of 4.29% compounded quarterl
y by her local bank, how much should she invest today?
1 answer:
Answer:
$221,990.70
Step-by-step explanation:
here we need to apply the formula for future value ,,,,
Future Value = Present value (1+r/m)^mt
we insert the values we have in their respective positions. 4 29% = 0.0429 when we convert it by dividing by 100%
340, 000 = PV (1+0.0429/4)^4×10
340, 000/1.5322 = PV
PV = $221,990.70
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Answer:
Step-by-step explanation: -9<em>X3</em>+12x2-x-2
Take y2-y1 over x2-x1 to get the slope of the line
2-5/2-6
-3/-4
3/4
The square root of 26 is 5.0999... which rounds to 5.1
Please give me brainliest! I would really appreciate it!
The correct answer is D.8
-4 < -12 and 9 > -35
Hope this helps!
