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
Can someone help my do step by step 579 divided by 3
kotegsom [21]

Answer: 193

Step-by-step explanation: an image is included to show you the steps.

8 0
2 years ago
Common differences among the
drek231 [11]
The x is horizontal on a graph and then the y axis is vertical on a graph.
3 0
3 years ago
Can you help me with this
Jobisdone [24]

Answer:

HIEJFGUTHYBVFJKDLFKR

Step-by-step explanation:

Loggerhead turtles live and migrate around the Atlantic Ocean. Which of the following is an adaptation of Loggerhead turtles? *

5 0
2 years ago
Read 2 more answers
Can someone plz help me
Pani-rosa [81]

Answer:

I got 172.05

Step-by-step explanation:

I used a calculator on goo gle calculatorsoup.com

5 0
3 years ago
Genuinely don’t know how to do geometry.
bazaltina [42]

Answer:

Im sorry for you this is too complex

4 0
3 years ago
Other questions:
  • Write the pair of fractions as a part of fractions with a common denominator 1/4 and 2/3
    11·1 answer
  • Find the smallest positive integer that must be added to 2010 to obtain a perfect square
    13·1 answer
  • A prize was awarded to 24 women and 1130 men. a. What fraction of the prize winners were​ women? b. What fraction were​ men?
    10·1 answer
  • Write and solve a story problem about gathering three kinds of vegetables. Use 10 partners.
    10·1 answer
  • Math And Data Analysis help ​
    5·2 answers
  • What is 6,333 rounded to the nearest thousand
    10·2 answers
  • Can someone help me please? It’s like my 3rd time trying to get some answers for this question. Thanks. :)
    15·1 answer
  • The equation represents the area, A, of a rectangle, in square units.<br> A=x² - x - 6
    14·1 answer
  • Solve: Ax - By = C for X <br> ( 9th grade Algebra 1)
    8·1 answer
  • Social support and stroke-induced aphasia. Hilari and Northcott (2006) used a Social Support Survey (SSS) to gauge how well-supp
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!