Nineteen and two hundred and thirty eight thousandths
So you know that 30 + 30 + w + w = P. We also know the area is 240 square feet. Divide 240 by 30 to find the width of the area. 240 / 30 = 8. w = 8. So add 30 + 30 + 8 + 8 to find that P = 76. HOWEVER, remember that George is using part of his house as a wall instead of a fence. So subtract 8 from 76 to get 68 ft. George will need 68 ft. of fencing for his dog run.
The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
Answer:
$79.04
Step-by-step explanation:
First you have to figure out how much the discount would be.
123.50 X .36 = 44.46
Then all you have to is subtract that from the original cost
123.50 - 44.46 = 79. 04
Answer:
60%
Step-by-step explanation:
86.4 divided by 144 is 0.60 which is 60%