Answer:
make me brainliest i have been subbed for a couple yrs not joking
Step-by-step explanation:
You will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
<h3>What is compound interest, and how does it work?</h3>
Compound interest is computed on a loan or deposit based on the starting principle and the preceding period's accrued interest.
Principal(P)=$40,000
(Time period)T=25+15 = 40 year
R=8%
The final balance is $273,938.99 and the total compound interest is $233,938.99.
The amount he has to deposit each year is found as;
⇒$273,938.99/25
⇒ $ 10,957
Hence. you will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
To learn more about compound interest, refer to brainly.com/question/14295570
#SPJ1
Answer:
30% of 150 is 45
Step-by-step explanation:
30% = .3 x 100
So take 30% out of its percentage form
then multiply .3 and 150
150 x 0.3 = 45
Henceforth, 30% of 150 is 45
:)
2 x w
Explanation:
2w js just the same as 2 x w. You both multiply the variablw by 2.
Someone pleaase correct me if i an wrong!
If i’m right, a branliest would be nice!!
-SpaceMarsh
F(n) = 237 − 0.7 × f(n − 1) + 50, f(0) = 235, n > 0
