1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alekssr [168]
3 years ago
10

At age 51 Oscar set up a 401(k) where he plans to deposit $9000 at the beginning of each year until age 75 find the amount of th

e annuity if he invests in a stock fund that yields 4% compounded annually
A. $374,813.19
B. $351,743.40
C. $365,813.19
D. $395,542.20
Mathematics
1 answer:
Temka [501]3 years ago
6 0
Hi there
The formula of the future value of annuity due is
Fv=pmt [(1+r)^(n)-1)÷r]×(1+r)
Fv future value?
PMT payment 9000
R interest rate 0.04
N time 75−51=24 years
So
Fv=9,000×((((1+0.04)^(24)−1)
÷(0.04))×(1+0.04))
=365,813.17

It's c

Hope it helps
You might be interested in
Help and solve please!!!!!
Stolb23 [73]
The answer is 3! I hope this helps. I used a calculator to get the answer.
4 0
3 years ago
Read 2 more answers
A pack of 6 batteries of the same type cost £2.79 By calculating the price per battery,
maks197457 [2]

\large{\rm{\underline{\underline{Answer:}}}}

Given, 6 batteries for £2.79

(They are of same type, so each of them are of same cost. )

~Simply divide the total price of 6 batteries by 6 to get the price of each battery,

=  \dfrac{£2.79 }{6}

= £ \dfrac{279}{100 \times 6}

= £ \dfrac{46.5}{100}

= £0.465

Thus, cost of each battery is <u>£</u><u> </u><u>0</u><u>.</u><u>4</u><u>6</u><u>5</u><u> </u><u>(</u><u>ans)</u>

8 0
2 years ago
PLEASE ANSWER ASAP <br> 20 POINTS
Schach [20]
X=7. The two segments on the bottom as well as on the diagonal are the same length. This shows that the entire triangle and the inner triangle on the right are similar. So if we call the length of the bottom 2y, then 84/2y=6x/y. Solving this we get 84=12x, and so x=7
6 0
3 years ago
Please help ASAP!!!!!!!
AveGali [126]

Answer: 63.3

Step-by-step explanation:

9.5v + 8.7w

v = 3

w = 4

9.5(3) + 8.7(4)

28.5 + 34.8

63.3

8 0
2 years ago
Read 2 more answers
Please help me grades all most here
Ghella [55]

Answer:

What about

Step-by-step explanation:

SUS :0000

jp I'm pretty sure its asa. forgive me if im  wrong.

5 0
3 years ago
Other questions:
  • Given: &lt; 1 and &lt; 2 are right<br> angles.<br> Prove: &lt; 1 = &lt; 2
    9·1 answer
  • A bag of marbles contains 5 red, 3 blue, 2 green, and 2 yellow marbles. What is the probability that you choose a red marble and
    6·1 answer
  • Math Help Please!!!!!!!
    8·1 answer
  • Triangle ABC has vertices A(4, 5), B(0, 5), and C(3, –1). The triangle is translated 3 units to the left and 1 unit up. What are
    8·1 answer
  • Find the inverse function of
    9·2 answers
  • Which is the following statements is true?
    7·1 answer
  • HELP AYUDA ✋
    8·1 answer
  • Simplify (3 1/2+7)divided by (4 1/3-3)<br>​
    14·1 answer
  • What are the two equations to set up to solve the equation |2x−4|=10 ?
    11·1 answer
  • Please help me thank you
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!