The amount of money that John would have in his account when he is ready to retire is $6,351,400.21.
<h3>How much would be in the retirement account?</h3>
The formula that can be used to determine the future value of the annuity is
Future value = Daily deposit x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = 3.5 / 365 = 0.0096%
- n = (65 - 48) x 365 = 6205
Annuity factor = [(1.000096^6205) - 1] / 0.000096 = $8468.53
Future value = 750 x $8468.53 = $6,351,400.21
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Answer:
X=+30 that's all I know, Sorry I couldn't help much :(
Answer:
Step-by-step explanation:
<u>We know that:</u>
- Some squares are 100% shaded, and some are half shaded.
- Half shaded squares: 10 squares
- 100% shaded: 20 squares
- Area of figure = Area of half shaded + Area of 100% shaded
<u>Solution:</u>
- Area of figure = Area of half shaded + Area of 100% shaded
- => Area of figure = (10 x 1/2) + 20
- => Area of figure = 5 + 20
- => Area of figure = 25 units²
Hence, the area of the figure is 25 units².
48/6= 8 so 8 newspaper piles
Consider the bottom most rectangle.
Its length = 5 - 2 = 3 units
Its width = 3 - 1 = 2 units
So, its area = 3(2) = 6 square units.
Consider the middle rectangle.
Its length = 2 - 1 = 1 unit
Its width = 4 - 2 = 2 units
So, its area = 1(2) = 2 square units.
Finally, consider the top rectangle.
Its length = 6 - 1 = 5 units
Its width = 6 - 4 = 2 units
Its area = 5(2) = 10 square units.
Hence, total area = 6 + 2 + 10 = 18 square units. Correct option is C.
