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:
Step-by-step explanation:
x - 10 = 0
x = 10
f(10) = 2*10² + 5 = 2*100 + 5 = 200 + 5
= 205
Remainder = 205
Mercury the liquid metal? 674.1°F or 356.7°C
Answer:
the less than of 1 is 36 more than the number