<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
<em><u /></em>
- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
Read more at; brainly.com/question/9187598
Hello, how have you been?
I believe that the answer to this question is exactly %55. There is 33 even numbers, and 33 odd numbers :)
Hope i helped :)
Answer:
y=x-5 slope=1 y-intercept=-5
Step-by-step explanation:
The word greatest in a word problem tells you to do GCF and the word least in a problem means to use the LCM
The correct answer is B) y + 9 = 2(x - 1)
In order to find this, simply take the point and the slope and plug into the base form of point-slope form.
y - y1 = m(x - x1)
Use the slope for m and the point for (x1, y1)
y + 9 = 2(x - 1)
