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Jobisdone [24]
2 years ago
7

At age 25, you decide to start your retirement account, and put $700 at the end of each quarter into an account paying 7.25% com

pounded quarterly. At age 54, you stop making payments into the account. Account continues to pay 7.25% compounded quarterly. A) You decide to retire at age 67. Amount you have in your account at age 54 and 67? B) If you’re living off this account once you retire, making monthly withdraws, for another 16 years, how much can you withdraw each month, assuming the account continues under the same compounding terms, 7.25% compounded quarterly? Amount you could withdraw quarterly? Amount you will be able to withdraw monthly?
Mathematics
1 answer:
katrin [286]2 years ago
3 0

Answer:

A

Step-by-step explanation:

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There were 230 shoppers at an electronics store on opening day. The specials that day allowed 21​% of shoppers to receive a free
anastassius [24]

Answer:

a) About 48 of the shoppers, that is 230\frac{21}{100} of the shoppers, received a free set of​ earbuds.

b) About 58 shoppers, that is \frac{230}{4} received ​$5 off their first​ purchase.

Step-by-step explanation:

a. About how many shoppers received a free set of​ earbuds?

21% out of 230. So

230\frac{21}{100} = 2.3(21) = 48.3

About 48 of the shoppers, that is 230\frac{21}{100} of the shoppers, received a free set of​ earbuds.

b. About how many shoppers received ​$5 off their first​ purchase?

25% out of 230, so:

230\frac{25}{100} = 230\frac{1}{4} = \frac{230}{4} = 57.5

About 58 shoppers, that is \frac{230}{4} received ​$5 off their first​ purchase.

5 0
2 years ago
ASAP! A company makes a profit from selling yo-yos at their store. Each yo-yo sells for $8.00 and they must also pay a store cle
dusya [7]

Answer:

The equation that describes the profit the store makes in a day that X units of yo-yo is sold is  P= X × $8.00 - $50.00

Step-by-step explanation:

The information given are;

The price of each yo-yo = $8.00

The only available cost is the store clerk fee cost per day = $50.00

Let us call the number of yo-yo's sold per day as X

Therefore, the amount sold per day = X × $8.00

The company's profit, P = Total sales - Total cost

∴ P= X × $8.00 - $50.00

Therefore, the equation that describes the profit the store makes in a day that X units of yo-yo is sold = P= X × $8.00 - $50.00.

5 0
3 years ago
Describe the motion of a particle with position (x, y) as t varies in the given interval. (For each answer, enter an ordered pai
DerKrebs [107]

Answer:

The motion of the particle describes an ellipse.

Step-by-step explanation:

The characteristics of the motion of the particle is derived by eliminating t in the parametric expressions. Since both expressions are based on trigonometric functions, we proceed to use the following trigonometric identity:

\cos^{2} t + \sin^{2} t = 1 (1)

Where:

\cos t = \frac{y-3}{2} (2)

\sin t = x - 1 (3)

By (2) and (3) in (1):

\left(\frac{y-3}{2} \right)^{2} + (x-1)^{2} = 1

\frac{(x-1)^{2}}{1}+\frac{(y-3)^{2}}{4} = 1 (4)

The motion of the particle describes an ellipse.

7 0
3 years ago
This hanger is in balance. There are two labels weight. What is the weight of each circle on grams?
Citrus2011 [14]

Answer:

since there is no image attached I can't see what weight they could be labeled but since the scale is even the weights must be the same number weight

Step-by-step explanation:

hope this helped!

6 0
2 years ago
The assembly line that produces an electronic component of a missile system has historically resulted in a 2% defectiverate. a r
sattari [20]

<span>Defective rate can be expected to keep an eye on a Poisson distribution. Mean is equal to 800(0.02) = 16, Variance is 16, and so standard deviation is 4.
X = 800(0.04) = 32, Using normal approximation of the Poisson distribution Z1 = (32-16)/4 = 4.
P(greater than 4%) = P(Z>4) = 1 – 0.999968 = 0.000032, which implies that having such a defective rate is extremely unlikely.</span>

<span>If the defective rate in the random sample is 4 percent then it is very likely that the assembly line produces more than 2% defective rate now.</span>

3 0
3 years ago
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