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Sophie [7]
3 years ago
10

A. How much must be placed each month into a retirement account earning 15% compounded monthly if the value of the account is to

reach $1,000,000 in 25 years?
answer: $308.31
b) if the account continues to earn 15% after retirement, how much per year will the account earn?
hint: what is the interest amount of $1,000,000

I got the first part, confused on the second one.
Mathematics
1 answer:
Roman55 [17]3 years ago
4 0
Alright, so. In other words we're finding what is the interest amount of 1,000,000 at 15%. So:

1,000,000 x .15 = 150,000.


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Answer: The expression is not factorable with rational numbers.

Step-by-step explanation:

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3 years ago
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The boys had 5 4 6 gallons of water to share throughout the day. James drank 1 1 3 5 6 1 2 gallons and Simon drank 2 3 gallon. H
dsp73

Answer:

1\frac{1}{3}

Step-by-step explanation:

Total Volume of Water = 5\frac{4}{6}

Volume drunk by James =1\frac{1}{3}

Volume drunk by Simon =\frac{2}{3}

Volume drunk by Matthew = 1\frac{1}{2}

Volume drunk by Gilbert =\frac{5}{6}

Total Volume Drunk (i.e. The Sum) = 1\frac{1}{3} + \frac{2}{3} + 1\frac{1}{2} +\frac{5}{6}=\frac{13}{3}

Volume of water Left = Total Volume of Water-Total Volume Drunk

= 5\frac{4}{6}-\frac{13}{3} =\frac{4}{3}=1\frac{1}{3}

3 0
4 years ago
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Lisa bought 5/8 of trail mix she give 1/8 pound of trail mix how much trail mix does lisa have left
Reil [10]
Supposing that the trail mix was 5/8 pound, and Lisa gave 1/8 pound, then to know what is left we only have to subtract those fractions:
5/8 - 1/8 = 4/8
that is because we only subtract the numerators (upper part) of the fractions due to the fact that the denominators are equal, now, 4/8 can also simplify to 1/2
therefore there are left 4/8 pound of trail mix or, what is the same, 1/2 pound of it
4 0
4 years ago
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The situation.
vlada-n [284]

The expression which represents Sherly's total income is 7e + 13n.

<h3>What is Cost Price?</h3>

The cost price represents the specific value that represents unit price purchased.

Here,

total pair of earrings = e

total pair of necklaces = n

Cost of 1 pair of earring = $ 7

Cost of 1 necklace = $ 13

earning from earring = 7e

earning from necklace = 13n

Total earning = earning from earring + earning from necklace

Total earning = 7e + 13n

Thus, the expression which represents Sherly's total income is 7e + 13n.

Learn more about Cost Price from:

brainly.com/question/17716968

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8 0
2 years ago
I need help its about. Inequalities
torisob [31]

Answer:

(-1, 3), (-5, -5), and (1, 2)

Step-by-step explanation:

To make this easier to solve, simplify the inequality:

12x - 3y < 12

= -3y < -12x + 12 (subtract 12x)

= 3y > 12x - 12 (multiply by -1, switch the inequality because it was a multiplication by a negative number)

= y > 4x - 4 (divide by 3)

Now, just go through each point and see if they are correct after you plug them into the inequality and solve:

(-1, 3): 3 > -8? yes

(-5, -5): -5 > -24? yes

(0, -4): -4 > -4? no

(1, 2): 2 > 0? yes

(4, 4): 4 > 12? no

(3, 8): 8 > 8? no

In conclusion, the points (-1, 3), (-5, -5), and (1, 2) fit the inequality.

8 0
3 years ago
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