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Wittaler [7]
3 years ago
10

What is the answer????

Mathematics
1 answer:
Vinvika [58]3 years ago
4 0
Measure of angle 1 is 117°
measure of angle 2 is 72°
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Suppose you want to have $300,000 for retirement in 25 years. Your account earns 8% interest. How much would you need to deposit
Rus_ich [418]

Using the future value formula, it is found that you would need to deposit $272.95 in the account each month.

<h3>What is the future value formula?</h3>

It is given by:

V(n) = P\left[\frac{(1 + r)^{n-1}}{r}\right]

In which:

  • P is the payment.
  • n is the number of payments.
  • r is the interest rate.

For this problem, considering that there are monthly compoundings, the parameters are:

r = 0.08/12 = 0.0067, V(n) = 300000, n = 25 x 12 = 300.

Hence we solve for P to find the monthly payment.

V(n) = P\left[\frac{(1 + r)^{n-1}}{r}\right]

300000 = P\left[\frac{(1.0067)^{299}}{0.0067}\right]

1099.12P = 300000

P  = 300000/1099.12

P = $272.95.

You would need to deposit $272.95 in the account each month.

More can be learned about the future value formula at brainly.com/question/24703884

#SPJ1

4 0
1 year ago
Can someone answer this question please answer it correctly if it’s corect I will mark you brainliest
Blababa [14]

Answer:

1/6

Step-by-step explanation:

There are 4 different types of clothing

We want socks

P(socks) = 1/4

Now we have 3 different colors, 2 of which are not blue

P(not blue) =2/3

P(socks that are not blue) = 1/4*2/3 = 2/12 = 1/6

6 0
2 years ago
Read 2 more answers
Annual starting salaries for college graduates with degrees in business administration are generally expected to be between 2000
ehidna [41]

Answer:

The planning value for the population standard deviation is of 4330.

Step-by-step explanation:

Uniform probability distribution:

The uniform probability distribution has two bounds, a and b. The standard deviation is given by:

S = \sqrt{\frac{(b-a)^2}{12}}

Annual starting salaries for college graduates with degrees in business administration are generally expected to be between 20000 and 35000.

Uniform in this interval, so a = 20000, b = 35000

What is the planning value for the population standard deviation?

S = \sqrt{\frac{(35000 - 20000)^2}{12}} = 4330

The planning value for the population standard deviation is of 4330.

7 0
3 years ago
Les
goldfiish [28.3K]
Yo is this supposed to be in spanish
4 0
2 years ago
Tim and Tom are trying to earn money to buy a new game system over a 3-month period. Tim saved $45.70 each month. If they need a
vladimir1956 [14]
25.64
Because if Tim earns 45.70 each month multiply that by 3 which will give you 137.10 take 214.02 subtract 137.10 and you get 76.92 which is the total amount of money that Tom needs to give divide it by 3 and you get 25.64 which gives you the amount he needs to make in a 3 month period
8 0
3 years ago
Read 2 more answers
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