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irina1246 [14]
3 years ago
13

Suppose Adam wants to have $750,000 in his IRA at the end of 30 years. He decides to invest in an annuity paying 6% interest, co

mpounded annually. What does he have to contribute each year to reach this goal?
Mathematics
1 answer:
OLga [1]3 years ago
6 0

Answer:

  $9486.68

Step-by-step explanation:

The future value of a annuity formula can be used:

  FV = P((1+r)^n -1)/r

  750000 = P(1.06^30 -1)/0.06

  P = 750000(.06)/(1.06^30 -1) = 9486.68

Adam has to contribute $9,486.68 each year to reach his goal.

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Table:

4 cups of water, 5 cups of flour.

9 cups of water, 10 cups of flour.

16 cups of water, 17 cups of flour.

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Independent variable:

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Dependent variable:

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Anon25 [30]
40,000 cause 4x10 is forty and then add the zeros
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Write the slope-intercept form of the equation of the line described. 8.) through: ( -4 , 5 ) , perpendicular to Y= 3/2x - 2
kozerog [31]

Answer

The equation of the required line in slope-intercept form is

y = (-2x/3) + (7/3)

Comparing this with y = mx + c,

Slope = m = (-2/3)

Intercept = c = (7/3)

Explanation

The slope and y-intercept form of the equation of a straight line is given as

y = mx + c

where

y = y-coordinate of a point on the line.

m = slope of the line.

x = x-coordinate of the point on the line whose y-coordinate is y.

c = y-intercept of the line.

So, to solve this, we have to solve for the slope and then write the eqution in the slope-point form which we can then simplify to the slope-intercept form

The general form of the equation in point-slope form is

y - y₁ = m (x - x₁)

where

y = y-coordinate of a point on the line.

y₁ = This refers to the y-coordinate of a given point on the line

m = slope of the line.

x = x-coordinate of the point on the line whose y-coordinate is y.

x₁ = x-coordinate of the given point on the line

The point is given as (x₁, y₁) = (-4, 5)

Then, we can calculate the slope from the information given

Two lines with slopes (m₁ and m₂) that are perpendicular to each other are related through

m₁ × m₂ = -1

From the line given,

y = (3/2)x - 2

We can tell that m₁ = (3/2), so, we can solve for m₂

(3/2) (m₂) = -1

m₂ = (2/3) (-1) = (-2/3)

We can then write the equation of the given line in slope-intercept form

y - y₁ = m (x - x₁)

y - 5 = (-2/3) (x - (-4))

y - 5 = (-2/3) (x + 4)

y - 5 = (-2x/3) - (8/3)

y = (-2x/3) - (8/3) + 5

y = (-2x/3) + (7/3)

Hope this Helps!!!

4 0
1 year ago
8.1 Tangent Lines find the side of of triangle KLJ
Stells [14]

Answer:

x=12

Step-by-step explanation:

tangent forms 90° with the touch point at circle

(x+8)^2 = 256+x^2

x^2 + 16x + 64 = 256 + x^2

16x = 192

x= 12

8 0
2 years ago
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