Answer:
either the second one or the fourth one. good luck
Step-by-step explanation:
Answer:
Label the y-axis Charms and the x-axis Beads
Step-by-step explanation:
The formula of the future value of an annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT 2400
R 0.08
T 32 years
Fv=2,400×((1+0.08)^(32)−1)÷(0.08)
Fv=322,112.49
Now deducte 28% the tax bracket from the amount we found
annual tax 2,400×0.28
=672 and tax over 32 years is 672×32
=21,504. So the effective value of Ashton's Roth IRA at retirement is 322,112.49−21,504=300,608.49
Are you sure you've copied down the original problem exactly as given? i38 = 38i can't be simplified. Perhaps you meant i^38, which is a different matter.
Note that i^38 = i^32 * I^4 * I^2.
Note that i^0, i^4, i^8, etc., all equal 1. Therefore,
i^38 = (1)(1)i^2 = 1*(-1) = -1 (answer)