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svp [43]
3 years ago
5

Ken started saving for retirement at age 35 with plans to retire at age 70. He invested an average of $600 per month in various

securities, with an average annual return of 5% adjusted for inflation. Assuming monthly compounding, how much has Kent saved at the start of retirement
A: $54,192.18
B: $825,655.45
C: $499,355.18
D: $681,655.46
Mathematics
2 answers:
Irina-Kira [14]3 years ago
8 0
The answer is C $499,355.18
VARVARA [1.3K]3 years ago
7 0

Answer:

<u>D - $681,655.46</u>

Step-by-step explanation:

Just took the test and found out the answer. The other person provided the wrong answer and explanation. What a idiot.

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Answer:

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Step-by-step explanation:

For algebra always start by rewriting it.

4+x+2-2x=5

Then ask yourself is there any like terms we can combine, and here yes there is. 4 and 2 and x and -2x. Now lets combine them and rewrite.

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Now lets get x alone and the quickest way is to subtract 6 to the other side

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Now the two negatives cancel out as you would divide both sides by the coefficient -1 to get positive x alone. We can make this easier by just canceling out the negatives.

Your answer is

x=1

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PEMDAS.

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Lets apply that here.

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Answer:

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Step-by-step explanation:

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