The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
3.02
Step-by-step explanation:
quarters are .25
dimes are .10
nickels are .05
pennies are .01
9 * .25 + 4 * .10 + 7 *.05 + 2 *.01
2.25+0.4+0.35+0.02
3.02
Answer:
True?
Step-by-step explanation:
I think its true but I'm not 100% sure so I would go with true. Try thinking of your past problems that you used and think about that maybe? But in then mean time, I would go with True
Answer: Mean = 7.8
Median = 9
Mode = 2,9
Step-by-step explanation: <u>Mean</u> is the average value of a data set. Mean from a frequency table is calculated as:
E(X) = 7.8
Mean for the given frequency distribtuion is 7.8.
<u>Median</u> is the central term of a set of numbers. Median in a frequency table is calculated as:
1) Find total number, n:
n = 10 + 9 + 10 + 7 + 3 + 4 + 3 = 46
2) Find position, using: 
= 23.5
Median is in the 23.5th position.
3) Find the position by adding frequencies: for this frequency distribution, 23.5th position is 9
Median for this frequency distribution is 9.
<u>Mode</u> is the number or value associated with the highest frequency.
In this frequency distribution, 2 and 9 points happen 10 times. So, mode is 2 and 9.
Mode for this distribution is 2 and 9.
Answer:
Step-by-step explanation:
The question reads much more complicatedly than the actual equation.
Sakura * x = Nanuto
412 x = 634 Divide by 412
x = 634/412
x = 1.54 times
The closest answer is 3/2 as far. 1.54 is just about 3/2.
