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
Ahat [919]
3 years ago
7

Keith started saving for retirement at age 45 with plans to retire at age 70. He invested an average of $500 per month in variou

s securities, with an average annual return of 6% adjusted for inflation. Assuming monthly compounding, how much has Keith saved at the start of retirement? (show work)
A= $27,432.26
B= $446,496.98
C= $346,496.98
D= $712,355.15
Mathematics
1 answer:
saveliy_v [14]3 years ago
8 0
500×((1+0.06÷12)^(12×25)−1)÷(0.06÷12)
=346,496.98
You might be interested in
Enter the explicit rule for the sequence
Softa [21]
Let's take a look at the first few numbers in the sequence based on the given rule:

a_{1}=6\\ a_{2}= \frac{1}{4}(6)\\ a_3= \frac{1}{4}\big( \frac{1}{4}\big)6= \big(\frac{1}{4}\big)^2(6)\\ a_{4}= \frac{1}{4} \big(\frac{1}{4}\big)^26= \big(\frac{1}{4}\big)^3(6)

Inspecting this pattern it seems like the power \frac{1}{4} is being raised to is always one less than the number of the sequence, so if we were on the nth number in the sequence, that part of the expression would be \big(\frac{1}{4} \big)^{n-1}. We also know that we'll be multiplying whatever we get from that by 6, so we can write the full explicit rule for our sequence as

a_n=6\big( \frac{1}{4} \big)^{n-1}

Where a_n is the nth number in our sequence.
8 0
4 years ago
PLS HELP
dybincka [34]
12.826+2.93= 15.756

Since you have to round it, your final answer would be 15.8
6 0
3 years ago
Read 2 more answers
Can you figure out the formula
puteri [66]

If "a" and "b" are two values of x-coordinate, and "m" is the midpoint between them, it means the distance from one end to the midpoint is the same as the distance from the midpoint to the other end

... a-m = m-b

When we add m+b to this equation, we get

... a+b = 2m

Solving for m gives

... m = (a+b)/2

This applies to y-coordinates as well. So ...

... The midpoint between (x1, y1) and (x2, y2) is ((x1+x2)/2, (y1+y2)/2)

_____

Jennifer had (x1, y1) = (-4, 10) and (x2, y2) = (-2, 6). So her calculation would be

... midpoint = ((-4-2)/2, (10+6)/2) = (-6/2, 16/2) = (-3, 8)

Brandon had (x1, y1) = (9, -4) and (x2, y2) = (-12, 8). So his calculation would be

... midpoint = ((9-12)/2, (-4+8)/2) = (-3/2, 4/2) = (-1.5, 2)

4 0
3 years ago
A teacher has 3 hours to grade all the papers submitted by the 35 students in her class. She gets through the first 5 papers in
Andreyy89
So, she has 3hrs to grade all papers, for 35 students.. alrite.

the first 5, she does them in 30minutes.. what's the speed rate? well, 5/30 or 1/6

now, she has still 2 hours and a half, or 150 minutes, to do the remaining 30 papers... she has to work at a rate of 30/150 then... which is 1/5 simplified.

now if we take 1/6 as the 100%, what is 1/5 in percentage then?

\bf \begin{array}{ccllll}
rate&\%\\
\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\
\frac{1}{6}&100\\\\
\frac{1}{5}&x
\end{array}\implies \cfrac{\frac{1}{6}}{\frac{1}{5}}=\cfrac{100}{x}\implies \cfrac{1}{6}\cdot \cfrac{5}{1}=\cfrac{100}{x}\implies \cfrac{5}{6}=\cfrac{100}{x}
\\\\\\
x=\cfrac{6\cdot 100}{5}\implies x=120

so 1/5 is 120% in relation to 1/6... meaning the rate of 1/5 she needs to move through, namely 1 paper every 5 minutes, is 20% faster than 1/6.
8 0
3 years ago
Read 2 more answers
-4(4-x)=4/5(x+16) I need help
Dominik [7]

Answer:

x=9

Step-by-step explanation:

−4(4−x)=4/5(x+16)

(−4)(4)+(−4)(−x)=(4/5)(x)+(4/5)(16)(Distribute)

−16+4x=4/5x+64/5

4x−16=4/5x+64/5

4x−16−4/5x=4/5x+64/5−4/5x

16/5x−16=64/5

16/5x−16+16=64/5+16

16/5x=144/5

(5/16)*(16/5x)=(5/16)*(144/5)

x=9

hopfully this helps answer: x=9

4 0
3 years ago
Other questions:
  • Shannon and Kristoph are dividing numbers written in scientific notation.
    5·1 answer
  • 1. Draw a set of railroad tracks such that the lengths of horizontal ties form a geometric sequence.
    12·1 answer
  • What's the greatest common factor of 52 and 91?
    12·2 answers
  • What is the angle supplementary to the angle measuring 165°12′?
    11·2 answers
  • 1. What is the sum or difference?
    9·1 answer
  • BRAINLIEST ASAP! PLEASE HELP ME :)<br> thanks!
    13·2 answers
  • Find the exact value of sin 30° in simplest form with a rational denominator.
    12·1 answer
  • Money is put into two accounts. Account A earns 3.5% interest annually, and account B eanrs 2.6% interest annually. Assuming $20
    14·1 answer
  • Are the functions of f(x) = |x - 4|and g(x) = |x| - 4 equivalent?
    11·1 answer
  • If the coordinates for C' are (4.5, 4.5), which rule best represents the dilation that was applied to rectangle ABCD to create r
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!