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
Bas_tet [7]
3 years ago
8

You have $1,900 in savings for retirement. If your investments earn 8% annually, how much will you have in your retirement accou

nt in 6 years?
Mathematics
1 answer:
natima [27]3 years ago
6 0

Answer:

$3,015

Step-by-step explanation:

To determine the amount that you will have in 6 years, you have to use the formula to calculate the future value:

FV=PV*(1+i)^n

FV= future value

PV= present value= $1,900

i= interest rate= 8%

n= number of periods of time= 6 years

FV=1,900*(1+0.08)^6

FV=1,900*(1.08)^6

FV=3,015

According to this, the answer is that in 6 years you will have $3,015 in your retirement account.

You might be interested in
What is the slope of the line that passes through (-12, -5) and (0, -8)?
Lady bird [3.3K]

Answer:

-3/12

Step-by-step explanation:

8 0
3 years ago
What is 1/2 % of 200
Katarina [22]
One half of 200 is 100 because 200 divided by 2 is 100

P.S: Please give me brainiest answer
4 0
3 years ago
Read 2 more answers
Tyra makes $21.40 per hour at her job for the first 40 hours and $32.10 for anything over 40 hours. if tyra typically works 45 h
Debora [2.8K]
She works for 40 hours, and then 5 hours.
So, for these first 40 hours, Tyra earns $21.40 per hour. We can find how much she earns in 40 hours:

21.40 x 40 = 856.
So, in the first 40 hours, she makes $856.

Now, for any number of hours Tayra works more that 40 hours, she will earn $32.10 each hour.

She works 5 hours over 40 hours, since it is 45 hours in total.
Hence, Tayra will earn $32.10 every hour for the 5 hours:

5 x 32.10 = 160.5.
Therefore, she will earn $160.50 for the 5 hours.

Now we have both of the earning amounts that make up how much she makes in the 45 hours. We can add them together

40 hours + 5 hours = 45 hours.
Substitute the amounts in the hours.

856 + 160.5 = 1016.5.

Thus, the answer is that Tyra will warn $1,016.50 in the total 45 hours.
Ergo, the correct answer is C.

Hope this helps, let me know if you need anything else! :)
7 0
3 years ago
Read 2 more answers
What are the formulas for trigonometry and pythagoras?
jasenka [17]
That's not a good question at all.  It's a lot like asking
"What are the statements for News and President Obama ?"

There are at least a hundred formulas that are useful in trigonometry.
One of the most useful is:

       In a right triangle, the square of the length of the hypotenuse
       is equal to the sum of the squares of the two short sides.

Pythagoras is the name of the ancient Greek mathematician who
discovered that formula.  The formula is so useful that it's known
by his name, in his honor.
7 0
3 years ago
Solve for b.<br> 4b+5=1+5b
Tom [10]

Answer:

b=4

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • Complete the square x^2+6x-16=0
    9·2 answers
  • Why are the sime and cosine values of an acute angle in a right triangle always less than 1?
    12·1 answer
  • Look at this system of equations. How can the system be changed so that the two equations have equal x-coefficients?
    10·1 answer
  • The function h is defined by h(x)=b−9÷x, where b is a constant. Find b, if the graph of h passes through the point (−6,19).
    14·1 answer
  • Choose all the important facts about the y-intercept. (multiple select - more than one answer is correct) The y-intercept tells
    15·1 answer
  • Pls, can you help me whit this? thx♡
    8·1 answer
  • Derek is playing a prank on Grace and hid her pencil inside a tissue box that has a width of 4 inches, a length of 8 inches, and
    8·1 answer
  • Simplify the expression by combining like terms.
    11·1 answer
  • Find the length of the third side. If necessary, round to the nearest tenth. 6 10
    6·1 answer
  • Two hot air balloons are traveling along the same path away from the town, beginning from different locations at the same time.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!