Answer:
$152,419.36
Step-by-step explanation:
The future value of an ordinary annuity is given by the formula ...
FV = P((1 +r/12)^(12t) -1)/(r/12)
where P is the monthly payment, r is the annual interest rate, and t is the number of years.
<h3>Annuity value</h3>
For P = 350, r = 0.021, and t = 27 (years to retirement age), the value is ...
FV = 350((1 +0.021/12)^324 -1)/(0.021/12) ≈ $152,419.36
The value of Jolene's retirement account when she turns 60 will be $152,419.36.
The answer is (c) (sorry adding extra characters so brainly can exept it.)
Answer:
350 points are possible
Step-by-step explanation:
You take 329 divided by 94% or .94 to get 350.
100% of 350 is 350
To double check, 94% of 350 is 329 & 6% of 350 is 21. 329 +21 = 350
Answer:
y=ax+b
a=-0.6020457867
b=-2.256697516 <------- There is your value for b, which is the answer to the problem.
You can use these values for a and b to generate an equation in slope-intercept form, which you can then enter under Y= and view the graph.
Step-by-step explanation:
