The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
You would eat 3/10 of the box because 3/4 times 2/5 is 3/10. Whenever you see the word "of" it means multiplication.
D<x =8 18+6 is 24 and 24/3 is 8
1,2,4belong on company sources and 3 should be on external information
Answer:
The answer is 3
Step-by-step explanation:
I put the answer simplified if needed.
