Let the total amount that Sarah deposited be $x
using the annuity formula:
A=P[((1+r)^n-1)/r]
A=future value
r=rate
n=number of years
from the information given:
A=$500000
r=2.75%
n=65-42=23 years
p=$x
thus plugging our values in the formula we get:
500000=x[((1+0.0275)^(23)-1)/(0.0275)]
500000=31.50x
x=15,872.04883
She deposited 15,873.04883 per year
The monthly deposit will therefore be:
15873.04883/12=$1322.67
Answer: 24
Step-by-step explanation:
Basically you just need to add the sides up to get your answer, its like breaking it up and adding simply.
Answer:
1/12 miles/minute
Step-by-step explanation:
To figure out how fast ellie runs in 1 minute, we can set up this equation:
5/6 = 10x (x being the speed per minute)
We can divide both sides by 10
5/60 = x
Then simplify the fraction to get:
1/12 = x
Answer:
31..?
Step-by-step explanation:
517 divided by 27 equals 31
Answer:
y + 1 = -1/2(x - 8)
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
<u>Algebra I</u>
Slope Formula: 
Point-Slope Form: y - y₁ = m(x - x₁)
- x₁ - x coordinate
- y₁ - y coordinate
- m - slope
Step-by-step explanation:
<u>Step 1: Define</u>
f(8) = -1 → Coordinate (8, -1)
f(6) = 0 → Coordinate (6, 0)
<u>Step 2: Find slope </u><em><u>m</u></em>
- Substitute [SF]:

- Add/Subtract:

- Simplify:

<u>Step 3: Write Function</u>
<em>Substitute into general form.</em>
- Point 1: y + 1 = -1/2(x - 8)
- Point 2: y = -1/2(x - 6)