Answer:
0.614
Step-by-step explanation:
Answer:
3.14
Step-by-step explanation:
32 students in 1 row
16 students in 2 rows
8 students in 4 rows
4 students in 8 rows
2 students in 16 rows
Pretty sure the answer is $600
Hope this helps
The formula of the future value of an annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT 2400
R 0.08
T 32 years
Fv=2,400×((1+0.08)^(32)−1)÷(0.08)
Fv=322,112.49
Now deducte 28% the tax bracket from the amount we found
annual tax 2,400×0.28
=672 and tax over 32 years is 672×32
=21,504. So the effective value of Ashton's Roth IRA at retirement is 322,112.49−21,504=300,608.49
