Answer:
there will be about less times than the cube earns!
Step-by-step explanation:
Answer:
$51,557.00
Step-by-step explanation:
1100 times 9% = 99 a year
99 times 43 = 4257
1100 times 43 =47,300
then you add 47,300 + 4257 = 51,557
you take your total that she put into the ira and multiply it by 9%
then you multiply that total by the number of years before she retires which is 43
so 99 times 43 = 4257
then you will multiply how much she put in the ira at the beginning of the year which is 1100 by the 43 years before she retires which is 47,300
then you add your totals together
4257 + 47,300 = 51,557
Step-by-step explanation:
First you do the one in the parentheses: 4 - 6 = -2
Then you got the answer: -2
Then you add -2 + 1 = -1
You got the answer: -1
9514 1404 393
Answer:
C ≈ 0.00106455765168
Step-by-step explanation:
This is the sum of 13 terms of the geometric series that has 10000C/1.05 as the first term and a common ratio of 1/1.05. The sum S is given by ...
S = a1(1 -r^n)/(1 -r) . . . . a1 is the first term, r is the common ratio
Using the known values, we have ...
100 = (10000C/1.05)(1 -1.05^-13)/(1 -1/1.05))
0.01 = C(1 -1.05^-13)/0.05
C = 0.0005/(1 -1.05^-13) ≈ 0.0005/0.469679
C ≈ 0.00106455765168
