What are 2 different ways the number 149.06
1 answer:
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Answer:
(9) $339076.60 (10) $72000 (11) $220800
Note: Kindly find an attached copy of the complete question given below. i solved for 9,10,11 only.
Step-by-step explanation:
Solution
Given that:
Betty set aside $200/month
With a 401 (k) savings
t = 40 years
APR = 5.4%
Now we find the balance in her account after 40 years.
Now,
A = PMT [(1 +r/n)^nt -1]/(r/n)
A = 200 [ (1 + 0.054/12)^(12)(40) - 1]/(0.054/12)
A= $339076.60
(10) Recall that:
t = 40 years
Per month deposit = $150 dollar
The total deposit becomes
t = 40 * 12 = 480 Month
Total deposit = 480 * 150
=$72000
(11) Now we find the less money she received in her paychecks
Thus
Without monthly saving paycheck is =$2300
Now,
For 40 years becomes = $2300 * 40 * 12
=$1,104000
So,
20% of tax deducted = 20/100 * $1,104000
=$220800
Therefore the less amount received in 40 years is $220800
Note:( My research for the complete question was from quiz let, chegg)
Answer:
0.0786
Step-by-step explanation:
It is given that Bartholemew had drawn the replacement of 160 tickets.
There are five tickets = [0, 0, 0, 1, 2]
Now we need to find the estimate of the ticket that has 1 on it and it turns up on the 32 draws exactly.
Since the probability of the drawing 1 out of 5 tickets is given by,
So the binomial with the parameter of n = 160 and p = 0.2, we get
P (it turns up on exactly 32 draws) = P(X = 32)
Therefore,
= 0.0786