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
Vladimir79 [104]
3 years ago
13

if my medical expenses are $40,000 per year for 35 years with an increase of 6% a year what is the total amount?

Mathematics
1 answer:
marin [14]3 years ago
4 0

Answer:

  $4,457,391.19

Step-by-step explanation:

The sum of n terms of a geometric sequence with common ratio r and initial value "a" is ...

  S = a(r^n -1)/(r -1)

Here, your growth factor is r = 1 +6% = 1.06. So, the sum of expenses over 35 years will be ...

  S = $40,000(1.06^35 -1)/(1.06 -1) = $4,457,391.19

You might be interested in
What is the intercepts of the line?
xxTIMURxx [149]

Answer:

The y-intercept is 2.5

The x-intercept is 3.5

Step-by-step explanation:

Hope this helps!

8 0
3 years ago
Read 2 more answers
Triangle C F E is shown. Angle C F E is a right angle. An altitude is drawn from point F to point D on side C E, forming a right
beks73 [17]

Answer:hard to do without a pic

is there a pic of the triangle

Step-by-step explanation:

3 0
4 years ago
Read 2 more answers
What is 15% of 419.00
sasho [114]

Answer:

62.85

Step-by-step explanation:

divide bro

8 0
3 years ago
Read 2 more answers
29000 scientific notation
sukhopar [10]
2.9x10 to the third power is the scientific notation
6 0
4 years ago
Read 2 more answers
For all integers n, if n2 is odd, then n is odd. Use a proof by contraposition, as in Lemma 1.1. Let n be an integer. Suppose th
Reil [10]
Let's assume that the statement "if n^2 is odd, then is odd" is false. That would mean "n^2 is odd" leads to "n is even"

Suppose n is even. That means n = 2k where k is any integer.

Square both sides

n = 2k
n^2 = (2k)^2
n^2 = 4k^2
n^2 = 2*(2k^2)

The expression 2(2k^2) is in the form 2m where m is an integer (m = 2k^2) which shows us that n^2 is also even. 

So this contradicts the initial statement which forces n to be odd. 
8 0
4 years ago
Other questions:
  • how many liters of 40% oil dressing should be mixed with 4 liters of a dressing that is 25% oil to get a dressing that is 30% oi
    11·1 answer
  • 100 POINTS!! somebody please answer! but it has to correct!
    11·1 answer
  • Help please 50P wrong answer gets removed!!!!
    10·1 answer
  • 3x-7x=12x how would u solve this?
    8·2 answers
  • Jason deposits $5 into his savings account twice a week for 6 weeks. How much money will he have saved after 6 weeks?
    15·1 answer
  • For what value of x is f(x) = 10?<br> (-1,6)(2,8)(3, 10) (5, 16)
    5·1 answer
  • Mr.morales makes a table of the number of chaperones needed for different number of students attending a field trip. the ratio o
    10·2 answers
  • Witch equation has the correct sign on the product.
    5·2 answers
  • What is equivlent to 3x+3[x+y]
    13·2 answers
  • Please answer this (who ever answers correctly gets brainlest)
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!