Answer:
Step-by-step explanation:
Using annuity, each sisters saving can be calculated.
Annuity formula:
Fv = PMT (( 1 + i)^n - 1) / i
where Fv is the future value (amount), PMT is the periodic payment ( $2000),
i is the rate per period ( 7%) and n is the number of payments.
Using the above formula to calculate each sister savings after their respective years of savings
Jane ( between 25 - 35, with n = 10 years)
Fv = 2000 (( 1 + 0.07)^10 - 1 ) / 0.07 = $ 27634.3
Joan ( between 35 - 65, with n = 30 years)
Fv = 2000((1 + 0.07)^30 - 1) / 0.07 = $ 188914
Joan actually have invested more since over 30 years she has invested $60000 while Jane on the other hand invested for 10 years which equals $20000 and Joan has more money after retirement. Going by the result it will make sense for Jane to emulate Joan or increase her number of years of saving in other to improve her retirement saving significantly close to Joan or even more.
It would be, 5+(-7) = 5-7 = -2
B)Option B is your answer........
Can you plzz helo me with my answers
14 mini buses but there will be 1 seat open
Answer:
6m
Step-by-step explanation:
You can use pretend the shape is a whole parallelogram, then divide it, you can only do this when you have a right angle, however. Or you can use a triangle area formula calculator.
4*3 :2
=4*3= 12
= :2
=6m
