Let the total amount that Sarah deposited be $x
using the annuity formula:
A=P[((1+r)^n-1)/r]
A=future value
r=rate
n=number of years
from the information given:
A=$500000
r=2.75%
n=65-42=23 years
p=$x
thus plugging our values in the formula we get:
500000=x[((1+0.0275)^(23)-1)/(0.0275)]
500000=31.50x
x=15,872.04883
She deposited 15,873.04883 per year
The monthly deposit will therefore be:
15873.04883/12=$1322.67
Answer:
<3 and <6 is Alternate interior angles.
<4 and <5 is Alternate interior angles.
<2 and <7 is Alternate exterior angles.
<3 and <7 is Corresponding angles.
Hope this helps. :)
Answer:
If we are working in a coordinate plane where the endpoints has the coordinates (x1,y1) and (x2,y2) then the midpoint coordinates is found by using the following formula:
midpoint=(x1+x22,y1+y22)
Step-by-step explanation:
we are given

Firstly , we will multiply both sides by 5

now, we can simplify it


now, we can solve for n
.............Answer