The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
7.
Step-by-step explanation:
Answer:
12
Step-by-step explanation:
The square root of 144 = 12.
12 x 12 = 144
Hope that helps!
Answer:
The answer is A
Step-by-step explanation:
since JHG = 65, then the other two angles added together = 65. Therefore, I can just add what the two smaller angles are to equal 65. Solve for x, then plug x into one of the equations! JHI = 19, and GHI = 46
Answer:Exact Form:
1/2
Step-by-step explanation:
