To achieve his goal of paying off $430,000 in 10 years, Rob Herndon needs to make $34,186.97 at 5% compounded annually.
<h3>What is a future value?</h3>
A future value refers to a value on a future date based on an assumed growth rate of interest over time.
The future value can be determined using the FV formula or table.
We can also compute the future value using an online finance calculator as follows:
<h3>Data and Calculations:</h3>
N (# of periods) = 10 years
I/Y (Interest per year) = 5%
PV (Present Value) = $0
FV (Future Value) = $430,000
<u>Results:</u>
PMT = $34,186.97
Sum of all periodic payments = $341,869.70
Total Interest= $88,130.30
Thus, for Rob Herndon to achieve his goal of paying off $430,000 in 10 years, he needs to make $34,186.97 at 5% compounded annually.
Learn more about Calculating Future Values at brainly.com/question/24703884
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Let's see which of these best measures the data.
The mean is the average, or the sum of all numbers divided by the total numbers there are.
4.8 + 3 + 2.7 + 4.4 + 4.8 + 9.9 = 29.6
There are 6 numbers total.
29.6/6 = 4.93.
The mean is 4.93.
Let's try our median. The median is the middle number of a sequence listed from least to greatest. I will make the list for you.
2.7, 3, 4.4, 4.8, 4.8, 9.9.
Cross out the smallest number with the greatest number.
3, 4.4, 4.8, 4.8.
4.4, 4.8.
Since we do not have a middle number, we must see what number is in the middle of 4.4, and 4.8. To determine this, we must average. Add 4.4 and 4.8, then divide by 2.
9.2/2 = 4.6.
4.6 is our median.
The mode is the number that appears the most, so let's find the number that is the most frequent.
4.8 is our mode.
The best number that will fit in this to make it work out is 4.6.
The median is your answer, B.)
I hope this helps!
To solve this equation you can plug in these numbers into the equations, so for example you can that the equation a-3b=9 and the points are (-9,-6). you would then insert the numbers so you would have the equation (-9)-3(-6)=9. simplify -9+18=9 and there you have it, the answer is (-9,-6)
1/4 divided by 2 is the answer
Click the answer button under there question
