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3 years ago

Jose has determined he needs to have $800,000 for retirement in 30 years. His account earns 6% interest.

Mathematics

1 answer:

soldi70 [24.7K]3 years ago

6 0

26,666.66~ just cash a year 2,222.166666 a month but if u want interest with u haveand u make up to 1.6k off of just ur interest but a year of just multiple of 1.6k every year ud only get 48k interest in 30 years that's from nothing to to get 800,000

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4000

Airida [17]

Answer:

$1000 ; 500 ; 1000 ; y = 500x + 1000

Step-by-step explanation:

From the graph, the initial deposit which started the savings account is $1000 ; this is the value on the y - intercept, the value in the account at time or period = 0.

The slope :

x1 = 0 ; y1 = 1000

x2 = 6 ; y2 = 4000

Slope = Rise / Run

Rise = y2 - y1 = 4000 - 1000 = 3000

Run = x2 - x1 = 6 - 0 = 6

Hence,

Slope = 3000 / 6

Slope = 500

y - intercept = 1000 (from. Graph)

Equation in slope intercept form:

General form : y = mx + c

m = slope ; c = intercept

Equation is written as ;

y = 500x + 1000

5 0

3 years ago

A card is drawn from a well-shuffled deck of 52 cards. Find the probability of drawing a diamond or a spade.

AveGali [126]

Answer:

2/13

Step-by-step explanation:

For a deck of card

Total cards = 52

Total spade = 4

Total diamond = 4

pr(drawing a spade) = number of spade/total cards

pr(drawing a spade) = 4/52 = 1/13

pr(drawing a diamond) = 4/52 = 1/13

Pr(diamond or a spade) = 1/13 + 1/13 = 2/13

8 0

3 years ago

(07.05)

Llana [10]

Answer: n = -2

Step-by-step explanation:

3n +2(n + 2) = 9n + 12

(simplify 2(n + 2)) =

3n + 2n + 4 = 9n + 12

(subtract 9n from both sides)

3n + 2n - 9n + 4 = 12

-4n + 4 = 12

(subtract 4 from both sides)

-4n = 8

(divide -4 from both sides)

n = -2

5 0

3 years ago

Read 2 more answers

Question 6 The mineral content of a particular brand of supplement pills is normally distributed with mean 490 mg and variance o

AysviL [449]

Answer:

0.3085 = 30.85% probability that a randomly selected pill contains at least 500 mg of minerals

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the z-score of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean 490 mg and variance of 400.

This means that $\mu = 490, \sigma = \sqrt{400} = 20$