Answer:
$501,049.37
Step-by-step explanation:
For computing the amount after 22 years we need to applied the future value which is shown in the attachment below:
Given that
PMT = $9,000
NPER = 22 years
Annual rate = 0.078
Quarterly= 0.078 ÷ 4 = 0.0195
Effective annual rate = (1.0195^4) - 1 = 0.0803113041
Now applied the formula which is given below
= -FV(RATE;NPER;PMT;PV)
After applying the above formula, the future value is $501,049.37
Answer is 3.25h = m
That’s because Sarah’s earning 3.25 per hour so if you want to figure out how much money she’s making you can just substitute your value for h. Pls mark brainliest if possible, have a nice day
Based on the trend of the increase in children born out of wedlock, if this trend keeps increasing, the year with 67% of babies born out of wedlock will be 2055 .
<h3>What year will 67% of babies be born to unmarried parents?</h3><h3 />
In 1990, the 28% of children were born out of wedlock and this trend was increasing by 0.6% per year.
If the trend continues, the number of years till 67% of children born out of wedlock will be:
= (67% - 28%) / 0.6%
= 65 years
The year will be:
= 1990 + 65
= 2055
The first part of the question is:
According to the National Center for Health Statistics, in 1990, 28% of babies in the United States were born to parents who were not married. Throughout the 1990s, this percentage increased by approximately 0.6 per year.
Find out more on benefits of marriage at brainly.com/question/12132551.
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Answer:
4.243
step by step explanation:
The slope is 1/2 and the Y intercept is -3, so the equation will be Y=1/2x-3