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:
Table B
Step-by-step explanation:
Table A Input Output
5 3
5 2
4 1
Has an input that goes to 2 different outputs, not a function
Table B Input Output
1 2
3 2
5 3
one to one relation which is a function
Table C Input Output
0 0
1 2
1 3
Has an input that goes to 2 different outputs, not a function
Table D Input Output
4 2
4 3
4 4
Has an input that goes to 2 different outputs, not a function
Answer:
f = -10
( -3, -4) ( - 4 , -10)
Step-by-step explanation:
Formula for slope
m =( y_2 - y_1)/(x _2 - x _1)
m = 6
6 = (y_2 - y_1) / (x _2 - x_1)
Substitute the points
( -3 , -4) ( -4 , f)
x_1 = -3
y_1 = -4
x_2 = -4
y_2 = f
Insert the values into
6 = (y_2 - y_1) / (x_2 - x_1)
6 = (f - (-4))/ ( -4 - (-3)
6 = ( f + 4)/ ( -4 + 3)
Cross multiply
6 ( -4 + 3) = f + 4
6 ( -1) = f + 4
-6 = f + 4
-6 - 4 = f
f = -6 - 4
f = -10
( -3 , -4) ( -3 , f)
The value of f is -10
( -3 , -4) ( -3 , -10)
Answer:
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Answer:
47/5 or 9 2/5
Step-by-step explanation:
12/1-13/5
60-13/5
=47/5