Answer:
£9000
Step-by-step explanation:
= £10 000×<u> </u><u> </u><u>5</u><u> </u><u> </u>×2
100
= 1000
= £10 000-1000
= £9000
Evaluate the exponential function A(t) = 150(1.05)7 to the nearest hundredth.
2 answers:
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Answer:
Amount per month contributed by employer $ = 200*0.70 = 140
Total amount employer contributes $ = 140*420 = 58800
Total amount employee contributes $ = 200*420 = 84000
Total amount after 35 years with interest calculated AT 4.8% (Employer + employee + interest) $ = 371024.67
Interest amount for 35 years accumulated $ = 228224.67
Amount deposited by employee $ = 84000
Excess amount in the account over the employee contribution
Including employer contribution $ = 287024.67
Excluding employer contribution $ = 228224.67
Step-by-step explanation:
LOOK AT THE PICTURE FOR STEPS
