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zlopas [31]
4 years ago
9

You want to have $600,000 when you retire in 10 years. If you can earn 8% interest compounded monthly, how much would you need t

o deposit now into the account to reach your retirement goal?
Mathematics
1 answer:
Brut [27]4 years ago
3 0

Answer:

  $270,314.08

Step-by-step explanation:

The multiplier each month is 1+0.08/12 ≈ 1.0066667, so after 120 months, the amount is multiplied by (1.0066667)^120 ≈ 2.2196402. The amount needed is ...

  $600,000/2.2196402 ≈ $270,314.08

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Kristin and her family left their campsite to take a bike ride. They biked 5 miles west and then 12 miles north. How far are the
pickupchik [31]

Answer:

they are 17 miles away from their campsite.

Step-by-step explanation:

we get the answer by adding the miles traveled north to the miles traveled west, and we get the total number of miles they traveled away from their campsite.

5 + 12 = 17

8 0
3 years ago
The length of a rectangle is x-2. It's area is 2x-4. What is a simplified expression for the width?​
NNADVOKAT [17]

Answer:

3x-6

Step-by-step explanation:

8 0
4 years ago
A movie theater decreased the size of its popcorn bags by 20%. If the old bags held 15 cups of popcorn, how much do the new bags
vovikov84 [41]

Answer:

<em>Your answer will be </em>12<em> cups of popcorn.</em>

Step-by-step explanation:

To find out how much the new bags hold, you need to find out the discount.

\frac{20}{100 } = .2

15 * .2 = 3

<em>We know that the discount is </em>3<em>.</em>

<em>To figure out how much the new bags hold, subtract by the old bags.</em>

15 - 3 = 12

<em>The new bags hold 12 cups of popcorn. </em>

7 0
3 years ago
At the arcade, Jamal had 6 tickets that he had saved from last time he went. This time he played the same game 7 times and earne
melomori [17]

Answer:

Jamal has 111 tickets.

Step-by-step explanation:

Start by knowing that he has 6 tickets he got previously, and then he gets 15 more tickets each time he played the game, which was 7 times.

7 x 15 + 6 = 111

6 0
3 years ago
The sum of three consecutive odd numbers is 69. What are the three numbers?
n200080 [17]

Answer:

21, 23, 25

Step-by-step explanation:

Ok, so this one may seem a little tricky, so I'll try to explain it as best as I can. :)

So because they are consecutive odd numbers, that means they are odd numbers that are one after the other. This means each number is 2 apart from the next. So by using this, we know that there is a difference of 6 between the highest and lowest number. Now let's try and make an equation:

3o + 6 = 69

Now in order to get O by itself we have to subtract 6 from both sides:

3o = 63

Now we just have to divide by three on both sides:

o = 21

So now, we know that the lowest number is 21, but we have to add 2 to get 23, and then another 2 to get 25.

Hope this helps :)

5 0
3 years ago
Read 2 more answers
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