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
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

You might be interested in
Lucky and Ajay are given some money each week.
anyanavicka [17]

The answer seems to be C

4 0
2 years ago
Read 2 more answers
Determine the mode(s) of the data 2, 2, 2,3,5,5, 6, 7, 8, 8, 8, 9, 10.
Genrish500 [490]

To find the mode, put all the numbers in order from least to greatest, then count how many times you see a number. The number you see the most is the mode. In this problem, we have more than one mode, we have two. The number two appears three times and so does number eight. Having two modes is called bimodal, and having more than two modes is called multimodal. So we have a bimodal of two and eight from this data.

6 0
3 years ago
Figure out the x-intercept and y-intercept in given equation of the line.<br> 6x + 2y = 12
kakasveta [241]

Answer:

x intercept=2

y intercept=6

Step-by-step explanation:

to find x and y intercepts, plug in 0 for x and y

x intercept-

6x+2(0)=12

6x=12

x=2

y intercept-

6(0)+2y=12

2y=12

y=6

5 0
3 years ago
HELP ASAP ILL GIVE YOU AN Additional 20 points PLEASE HELP IT"S DUE IN 10 mins
Brrunno [24]
Answer: 10

Explanation: you need to first find the area of the triangle which would be 2x2x1/2 then you find the area of the rectangle which is 4x2 so 8+2=10
7 0
3 years ago
Examine the system of equations. y = negative one-fourth x minus 2 x = 4 What is the solution to the system? (–3, –2) (4, –3) (4
Alla [95]

Answer:

Step-by-step explanation:

IF YOU GIVE ME THE CORRECT ANSWER AND HOW YOU GOT THAT ANSWER I WILL GIVE BRAINlYIST

6 0
3 years ago
Other questions:
  • A flagpole casts a shadow that is 85 feet long. Paul is 6 feet tall, and while standing next to the flagpole, casts a shadow tha
    7·1 answer
  • (4p2 - 5p - 4) + (5p2 - 4-2p)​
    6·2 answers
  • A pipe is leaking and 1.5 cups per day about how many gallons per week is the pipe leaking
    12·2 answers
  • If the 8% tax on a sale amounts to 96. What is the final price (tax included) of the item?
    11·2 answers
  • Write an addition sentence that helps you solve 15-9.​
    15·1 answer
  • Vector MN is comprised of the points M(8,-4) and N(-7,-2).
    7·1 answer
  • Any whole number less than 0 is negative.<br> A: True<br> B: False
    7·2 answers
  • A manufacturer has 6,305 yards of material to make
    11·2 answers
  • What is 100x82727=x?
    10·2 answers
  • Find the unknown angle in the figure
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!