Answer: 7:41 am
Step-by-step explanation:
It takes Ebru 13 minutes to bike to school but if she walks it would take her twice at long.
= 13 * 2
= 26 minutes
If she leaves the house at 7:15 , she will arrive at:
= 715 + 26
= 7:41 hours
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
Answer:
(4,2 1/2)
Step-by-step explanation:
