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stira [4]
3 years ago
8

Suppose you want to have $0.5 million saved by the time you reach the age of 30 years and suppose that you are 20 years old now.

If you can earn 5% on your funds, how much would you have to invest today to reach your goal?
Mathematics
1 answer:
Yuki888 [10]3 years ago
3 0

Answer:

$306,956,6268

Step-by-step explanation:

Future value, FV = Present value PV [1 + rate]^t

PV = FV/[1 + rate]^t

PV = 500,000/[1.05]^10

PV = $306,956,6268

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How many solutions does the following have?<br> 1x-5y=15<br> -1+5y=-15
zhannawk [14.2K]
So than there are 

1x -5y =15
-1x +5y = -15 
--------------------assuming term by term we get 
0    0      = 0

so from what result that this system has infinitely many solutions 

hope helped 


3 0
3 years ago
I NEED THIS FOR MY TEST ASAP!
Reptile [31]

Answer:

-1

Step-by-step explanation:

2(.5n-3)=n-0.25(12-12n)

first you distribute whatever is on the outside of the parenthesis to the inside of the parenthesis

1n-6=n-3+3n

then you combine like terms and end up with

1n-6=-3+4n

add 6 to each side to get

n=3+4n

subtract 4n from each side to get

-3n=3

divide -3 from each side to get

n=-1

4 0
3 years ago
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8 0
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harkovskaia [24]

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Step-by-step explanation:

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