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defon
3 years ago
14

Lynne is 25 years old and starting and IRA (individual retirement account). She is going to invest $150 at the beginning of each

month. The account is expected to earn %5.5 interest, compounded monthly. How much money rounded to the nearest dollar will lynne have in her IRA if she wants to retire at age 65
Mathematics
2 answers:
JulsSmile [24]3 years ago
5 0

Answer:

$262,353

Step-by-step explanation:

Dont have an explanation but it is the right answer, Thanks to the **** that put the wrong answer.

Yuri [45]3 years ago
3 0
The future amount of Lynnes retirement account can be computed using the formula of amortization or annuity:
P = A[(1+i)^n-1)]/(i)
A= amortization
i= 5.5%
n = 40*12 = 480
Subsituting the variables in th formula, Future amount of Lynne in 40 years is equal to
P = $29,082.71
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The sum of the measures of the angles of a triangle is 180. The sum of the measures of the second and third angles is five times
erastova [34]

Answer:

first angle be 30°

second angle be 70°

third angle be 80°

Step-by-step explanation:

first angle be x

second angle be y

third angle be z

x+y+z=180

given, y+z = 5x; z=5x-y

also, z=y+10

5x-y = y+10

5x= 10+y+y = 10+2y

x= (10+2y)/5

x+y+z=180

(10+2y)/5 + y + y+10 = 180

(10+2y)/5 = 180 -2y -10

(10+2y)/5 = 170-2y

multiply both sides by 5

10+2y = 5(170-2y)

10+2y= 850-10y

2y+10y = 850-10

12y= 840

y= 840/12 = 70°

z=y+10 =70+10= 80°

5x= (10+2y) = 10+2(70) = 10+140= 150

x = 150/5 = 30°

6 0
3 years ago
natasha has a sales job and receieves $60,440 as her annual pay plus commission. her company pays her a commision of 12% on her
ollegr [7]

Answer:

$68,840

Step-by-step explanation:

70,000*12%=8,400

8440+64,440=$68,840

3 0
3 years ago
3. What is the smallest integer that satisfys the<br> inequality 7-x
WINSTONCH [101]

Answer:

1

Step-by-step explanation:

Integers are positive whole numbers and the least positive whole number is 1

4 0
3 years ago
_56 by 7 answer choice is A)-9. B)-8 C)7 D)8
BartSMP [9]

Divide 56 by 7? In that case, let's use our tables.

7*2=14

7*3=21

7*4=28

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Find your answer? ANswer is D.

8 0
2 years ago
Read 2 more answers
Find the radius of the circle whose equation is x^2 + y^2 = 4.
ludmilkaskok [199]

Answer:

Radius = 2.

Step-by-step explanation:

We have been given equation of the circle which is x^2 + y^2 = 4.

Now we need to find the radius of the given circle x^2 + y^2 = 4.

To find that let's compare with the formula of the circle with standard equation of the circle  x^2 + y^2 = r^2, where r is the radius.

We get r^2 = 4

take square root of both sides.

r=2

Hence radius of the given circle is r = 2.

3 0
3 years ago
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