Answer:
Do you still need the help
Step-by-step explanation:
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Answer:
1
Step-by-step explanation:
Take any two points from the line:
I will take (-1,0) (0,1)
slope formula:
m = y2 - y1 / x2 - x1
m = 1 - 0 / 0 - (-1)
m = 1 / 0 + 1
m = 1 / 1
m = 1
cheers
You will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
<h3>What is compound interest, and how does it work?</h3>
Compound interest is computed on a loan or deposit based on the starting principle and the preceding period's accrued interest.
Principal(P)=$40,000
(Time period)T=25+15 = 40 year
R=8%
The final balance is $273,938.99 and the total compound interest is $233,938.99.
The amount he has to deposit each year is found as;
⇒$273,938.99/25
⇒ $ 10,957
Hence. you will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
To learn more about compound interest, refer to brainly.com/question/14295570
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The average change per hour is B 40.7
