<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
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- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
Read more at; brainly.com/question/9187598
Answer: 0.3m/s
Step-by-step explanation:
Height/ velocity
3m/12m per sec
Time= 0.25metres per seconds
To the nearest tenth, 0.3m per seconds
Answer: C. Infinite
Explanation: (To explain this answer, I'll use 1 = 1) When you get 1 = 1 after doing an equation, this mean the answer is "all real numbers", which is the same term as "infinite" because it will always be true. Therefore, 0 = 0 will always be a true statement.
