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Norma-Jean [14]
3 years ago
14

Eduardo contributes 16% of his $82,400 annual salary to his 401(k) plan. what is his pre-tax income?

Mathematics
2 answers:
melisa1 [442]3 years ago
4 0
His pre-tax income would be 69216

If you haven’t heard of the app ‘Socratic’ get in the App Store, it’s free and much faster than this app
MissTica3 years ago
3 0

Answer:

69216

Step-by-step explanation:

APEX

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Kisachek [45]

Answer:

Table C

Step-by-step explanation:

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Mandarinka [93]

Answer:

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Step-by-step explanation:

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2 years ago
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lubasha [3.4K]
The line is going from the top left to the bottom right, this means that the slope is negative. Options B and C have negative slopes.

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2 years ago
You have earned $200 doing chores how long will it take to triple your money if you keep it in an account earning 4.25 compound
Alekssandra [29.7K]

Answer:

25.85 years

Step-by-step explanation:

Use the formula for continuous compounding amount:

A = Pe^(r*t), where r is the interest rate as a  decimal fraction, P is the initial amount, and t is the time in years.

Here we have:

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Solve this for t.  Divide both sides by $200 and then use natural logs:

1e^(0.0425*t) = 3

Then 0.0425*t = ln 3 = 1.0986

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       1.0986

t = --------------- = 25.85 years

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3 years ago
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