The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
I like the substitution method. Which is when you make one equation equal only x or y and plug it into the other equation)
There is also the graphing method. If you graphed it, it might not be quite as accurate (at least on hand, on computer you would be pretty exact)
Then there is the elimination method. You multiply one of the equations by a coefficient so that you can eliminate x or y from the equation.
Answer:
The answer is 17
Step-by-step explanation:
8^2+15^2=c^2
64+225=c^2
289=c^2
Square root both sides
c=17
Answer:
0.16
Step-by-step explanation:
- Length = 5 units
- Number of broken sticks= 3
- Equal lengths = 5 units/3
<u>See the picture attached for reference.</u>
As you see the best points are the green areas which covers 2 out of 5 zones.
<u>Since it is same for both broken points, the probability of this is:</u>
<u>Answer is</u> 0.16
What were your given answer choices
