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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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3 years ago
What is measure of angle A?
Goryan [66]

Answer:

A=53.13\°

Step-by-step explanation:

The figure shows a right triangle.

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Substitute into \alpha=arctan(\frac{opposite}{adjacent}).

The measure of the angle A is:

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sveticcg [70]

From the given volume, we know that the ratio is:
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\text {Ratio of yellow eraser to white eraser = }  \sqrt{ \dfrac{52}{x} }

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Cube both sides:
\dfrac{16}{2} = \bigg(\sqrt{ \dfrac{52}{x} }\bigg)^3

Square both sides:
\bigg(\dfrac{16}{2} \bigg)^2 = \bigg( \dfrac{52}{x}  }\bigg)^3

Simplify each term:
\dfrac{16^2}{2^2} = \dfrac{52^3}{x^3}

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4 years ago
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Answer:

nn

Step-by-step explanation:

nnnnnn

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