1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Troyanec [42]
3 years ago
11

Find the total in the account with the following facts monthly contributions =$180 employer matching 25% interest rate 4.99% yea

rs invested 38
Mathematics
1 answer:
algol133 years ago
4 0

Answer:

The amount that will be in the account after 38 years is $ 36811,05

Step-by-step explanation:

a)

For resolved this exercise used the next equation

R(1-(1 + i)--) Ap = ... (1)

Ap = Amount in account

R = Paid monthly

i = Monthly interest rate

t = Months for paid

Dates

i=- 2.05% 12 = 0,1708% = 0.0017

The interest is divided for 12 because is annual and the formula is mensual

t = 15yearsx12 = 180 months

             R = 220$

R(1-(1 + i)-) Ap =

220(1-(1 + 0.0017)-180) Ap = 0.0017

162,04 Ap=0.0017

Ap = 95321,855

The amount that will be in the account after 15 years is $ 95,321.85

b)

R(1-(1 + i)--) Ap = ... (1)

Ap = Amount in account

R = Paid monthly

i = Monthly interest rate

t = Months for paid

i=- 4,99% -= 0,415% = 0.0041

The interest is divided for 12 because is annual and the formula is mensual

t = 38yearsx12 = 456 months

             R = 180$

R(1-(1 + i)-) Ap =

Ap = 180(1-(1 + 0.0041) -456 0.0041

Ap = 36811,055

The amount that will be in the account after 38 years is $ 36811,05

You might be interested in
Simplify. Write the expression using only positive exponents. 3d^−4⋅4d^4 PPPLLLLEEEASSSEEEEE
bixtya [17]

Answer:

d=0

Step-by-step explanation:

Because multiplication is commutative, we can rearrange the expression however we want. So, let's put the constant expressions together, and the variable expressions together:

(3 x 4) x (d^-4 x d^4)

The first term is easy enough: (3 x 4) = 12

For the second term, when exponent terms have the same "base" (in this case, d), the exponents can be added together. So, the second term yields d^(-4 + 4) = d^0. Any number raised to the zero power equals 1, EXCEPT for the sole number of zero. 0^0 is undefined, but any other number raised to the zero power equals 1.

So, if d equals any number other than zero, the expression becomes

(12) x (1) = 12

The best way to express the answer would be that the expression equals 12 except that it is undefined if d=0

5 0
3 years ago
A cookie has 130 calories.
pychu [463]
I think the answer would be B
5 0
3 years ago
Help me with this please !!
avanturin [10]

Answer:

see explanation

Step-by-step explanation:

Under a reflection in the line y = - x

a point (x, y ) → (- y, - x ), thus

T(- 1, 3 ) → T'(- 3, 1 )

U(- 1, 10 ) → U'(- 10, 1 )

V(- 2, 4 ) → V'(- 4, 2 )

6 0
3 years ago
Help solving question 5 please.
Rasek [7]

Answer:

Step-by-step explanation:

6 0
3 years ago
The number of students in an school building that have the flu after t days is given by the function
gulaghasi [49]

Step-by-step explanation:

p(0) =  \frac{800}{1 + 49 {e}^{ - 0.2 \times 0} }  =  \frac{800}{1 + 49}  =  \frac{800}{50}  = 16

200 =  \frac{800}{1 + 49 {e}^{ - 0.2t} }  \\ 200(1 + 49 {e}^{ - 0.2t} ) = 800 \\ 200 + 9800 {e}^{ - 0.2t}  = 800 \\ 9800 {e}^{ - 0.2t}  = 600 \\  {e}^{ - 0.2t}  =  \frac{3}{49}  \\  ln( {e}^{ - 0.2t} )  =  ln( \frac{3}{49} )  \\ -  0.2t =  - 2.793 \\ t = 13.96 = 14

6 0
3 years ago
Other questions:
  • Is 9515 divisible by 11
    12·1 answer
  • A. Find the slope of the roof of a home that rises 8 feet for every horizontal change of 24 feet.
    8·1 answer
  • Which of the following is the greatest absolute value?<br> A.0<br> B.7<br> C.-10<br> D.1
    6·1 answer
  • What is the unit rate for 822.6 km in 18 h?
    7·1 answer
  • Isaiah is preheating his oven before using it to bake. The initial temperature of the oven is 75° and the temperature will incre
    14·1 answer
  • Can you help me please ??​
    7·1 answer
  • Helppppppppppppppp me plzzzzzzz
    11·1 answer
  • The length of the hypotenuse (x) is an irrational number between 6 and 8. Both legs have measured that are whole numbers. What i
    5·1 answer
  • Candy's Sweets Company charges $1.15 per pound to ship candy.
    11·2 answers
  • A) 1 8/11÷ 1 5/35<br><br> please answer
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!