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
X is Kevin; Y is Dan
X = 3Y
X - 4 = 5(Y - 4)
3Y - 4 = 5(Y - 4)
3Y - 4 = 5Y - 20
+ 4 +4
4 cancels each other out.
3Y = 5Y - 16
- 5 -5
5 cancels each other out.
-2Y = -16
/2 /2
Y = 8
X = 3Y;
X = 3 x 8;
Thus,
X = 24;
Kevin(x) is 24
Answer:
x is greater than 3
Step-by-step explanation:
D. There is a 5/8 chance each time. You would multiply that together to get the answer seen in D.
Answer:
Number lines can show what the distance is that you have traveled from one point to the other. You would be able to count on the number line.