Answer:
first would be 8
second is 12
third is 16
last is 6
Step-by-step explanation:
You will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
<h3>What is compound interest, and how does it work?</h3>
Compound interest is computed on a loan or deposit based on the starting principle and the preceding period's accrued interest.
Principal(P)=$40,000
(Time period)T=25+15 = 40 year
R=8%
The final balance is $273,938.99 and the total compound interest is $233,938.99.
The amount he has to deposit each year is found as;
⇒$273,938.99/25
⇒ $ 10,957
Hence. you will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
To learn more about compound interest, refer to brainly.com/question/14295570
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Answer:
no
Step-by-step explanation:
163
Answer:
The answer is true.
Step-by-step explanation:
Sample methods that embody random sampling are often termed probability sampling methods.
Yes this is a true statement.
Random sampling means picking up the samples randomly from a whole population with each sample having an equal chance of getting selected.
For example- selecting randomly 10 students from each class of a school, to survey for the food quality in school's cafeteria.
And this is a type of probability sampling methods. Other types are stratified sampling, cluster sampling etc.
Answer:
5x + 35
Step-by-step explanation:
