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Anika [276]
3 years ago
7

If you invest $20,000 in a mutual fund averaging 10% compounded monthly, how long will it take to reach $1 million?

Mathematics
2 answers:
goblinko [34]3 years ago
8 0
It would take you 500 months to reach 1 million dollars
antoniya [11.8K]3 years ago
7 0

Answer:

hutghighriughriughriughrihgrighrighirhgrhrgurhuihghruhgiurhirhiughriughriughurhurhugi

Step-by-step explanation:

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6.
fgiga [73]

Answer:

A. y = 0.5(2)^x

Step-by-step explanation:

Exponential functions have a horizontal asymptote. The equation of the horizontal asymptote is  y =  0 .

Horizontal Asymptote:  

y =  0

7 0
2 years ago
Marco is making three tiles pictures. he uses 310 green tiles to make each picture. he uses 50 fewer red tiles than green tiles
Anettt [7]
Hi there!

To solve this problem, we need to first find the amount of red tiles he used by subtracting 50 from 310, and then finding the sum of the two numbers. 

310 - 50 = 260

Now, we know that there are 260 red tiles.

3 * 310 = 930
3 * 260 = 780

930 + 780 = 1710

So, the answer is 1710 tiles total. 

Hope this helps!
7 0
3 years ago
A salesman has a base salary $2600 per month and makes 3 commission on each unit sold. If his total annual compensation is $48,0
nevsk [136]

Answer:

Each unit cost $800

Step-by-step explanation:

Annual compensation = $48,000

Annual number of units sold = 2000

Commission on each item sold = 3%

Compensation for 2000 units = $48,000

Compensation for 1 unit = $48,000/2000 = $24

Cost of one unit = compensation for one unit ÷ commission on one unit = $24 ÷ 3% = $24 ÷ 0.03 = $800

8 0
3 years ago
Read 2 more answers
Kyle wants to determine the surface area for a cube that is 5 cm on each side.
jok3333 [9.3K]

Answer:

5cm^3

Step-by-step explanation: please let me know if that wrong.

7 0
3 years ago
Read 2 more answers
What is the sum of £4(0.5) "1?<br> n=1<br> O S=1.5<br> OS = 2<br> O S = 4.5<br> O S= 8
Lelu [443]
B. 2 …………………………,.,,,,,.,.,.,.,.,,,.,
3 0
3 years ago
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