Answer:
$610,297.11
Step-by-step explanation:
The problem seems to make several assumptions:
- contributions are made at the end of each year
- contributions and employer matching funds are not taxed until retirement
- the 15% tax rate applies to the account balance amount at retirement
Of these, the last is least likely to be true in the United States.
___
Based on the assumptions above, we compute the amount from the future value of the series of contributions, then subtract 15% from that result.
FV = P·((1 +r)^n -1)/r . . . . where P is the amount of each payment, r is the annual interest rate, n is the number of payments.
The amount deposited each year is ...
$4770 + 0.60·4770 = $7630
Then the future value after 34 deposits is ...
FV = 7630·(1.055^34 -1)/0.055 ≈ 717,996.60
When this amount is reduced by the assumed 15% tax rate, it becomes ...
$717,996.60 - 0.15·717,996.60 = $610,297.11
Answer:
the answer is 1/3
Step-by-step explanation:
HOPE THIS HELPS!!
GOOD LUCK!!!
2/3 is the answer.
<span>1/3 is equal to 33.33333333% </span>
<span>so 2/3 is equal to 66.6666666%</span>
The distance between the school and the library is less. Then the library is closer to school.
<h3>What is dilation?</h3>
Dilation is the process of increasing the size of an item without affecting its form. Depending on the scale factor, the object's size can be raised or lowered.
There is no effect of dilation on the angle.
On one map of a town, the scale from the town to the map is 12mi:3cm.
The school is 2.5cm from the grocery store on this map.
Then the distance between the school and the grocery store will be
⇒ (12 / 3) x 2.5
⇒ 10 miles
On a different map of the same town, the scale from the town to the make is 12mi: 2cm.
The school is 1.5cm from the library on that map.
Then the distance between the school and the library will be
⇒ (12 / 2) x 1.5
⇒ 9 miles
Thus, the distance between the school and the library is less.
Then the library is closer to school.
More about the dilation link is given below.
brainly.com/question/2856466
#SPJ1
Yes
remember you can do anything to an equaiton as long as you do it to boh sides
ad try to get unknown to one side
9n-10=4n+10
minus 4n both sides
9n-4n-10=4n-4n+10
5n-10=0+10
add 10
5n+10-10=0+10+10
5n+0=20
5n=20
divide both sies by 5
5n/5=20/5
5/5n=4
1n=4
n=4
