1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
You might be interested in
The cost of a baguette and a cup is 1.45 the cost of 2 baguettes and a cup is 2.10 what is the cost of the cup
olga2289 [7]

Answer:

0.80

Step-by-step explanation:

2.10-1.45=0.65

0.65=1 baugette

1.45-0.65=0.8

0.8=1 cup

5 0
4 years ago
3.a.Sketch a line through the point
Ierofanga [76]

Answer:

Step-by-step explanation:

Let the equation of the line passing through a point (x', y') and slope 'm' is,

y - y' = m(x - x')

Since x-value increases by 3,

Δx = 3

And y-value decreases by 2,

Δy = -2

Therefore, slope = \frac{\triangle y}{\triangle x}

Slope = -\frac{2}{3}

Equation of the line passing through (-2, 5) and slope = -\frac{2}{3} will be,

y - 5 = -\frac{2}{3}(x+2)

y = -\frac{2}{3}x-\frac{4}{3}+5

y = -\frac{2}{3}x+\frac{11}{3}

y = \frac{1}{3}(-2x+11)

Table for input-output values will be,

x      -2         0         1          2         3

y       5        3.7       3        2.3      1.7    

We can plot these points to get the line on a graph.

7 0
4 years ago
A bag contains 4 red marbles, 4 green marbles, and 4 blue marbles. If Oliver draws 3 marbles, replacing them in the back each ti
marin [14]
4/12 or 1/3 if you reduce
3 0
3 years ago
S= (b-bg)/(1-r) please help me solve for b
Montano1993 [528]
The answer to the question

4 0
4 years ago
85cm + 258cm + 13cm<br> 2
goldfiish [28.3K]

Answer:

Answer

Step-by-step explanation:

356 Cm

<em><u>Hope</u></em><em><u> </u></em><em><u>it</u></em><em><u> </u></em><em><u>helps</u></em>

5 0
3 years ago
Other questions:
  • What are the zeros of f(x)=x^2+3x-10
    14·2 answers
  • What is the 72nd term in the term in the arithmetic sequence 3, 9, 15, 21,
    7·1 answer
  • A square has sides of 10x. Write and simplify an expression for the perimeter of that square.
    10·1 answer
  • A standard deck of 52 cards contains 13 cards with hearts, 13 with diamonds, 13 with clubs, and 13 with spades. How
    5·1 answer
  • What is 10 3/4 - 5 1/4=
    5·2 answers
  • What is the product? - 2 5 5 [42] 7 22 18 ( 22 18 1 18​
    14·1 answer
  • 16. Solve for C: 6c - 1 - 4c = -49
    14·1 answer
  • Since no one responds to computer technology. There is a much more active group here and I hope that there are some computer sci
    9·1 answer
  • Deleteddddddddddddddddd
    10·1 answer
  • How much would you need to deposit in an account now in order to have 6000 dollars in the account in 5 years? Assume the account
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!