Answer:
$152,419.36
Step-by-step explanation:
The future value of an ordinary annuity is given by the formula ...
FV = P((1 +r/12)^(12t) -1)/(r/12)
where P is the monthly payment, r is the annual interest rate, and t is the number of years.
<h3>Annuity value</h3>
For P = 350, r = 0.021, and t = 27 (years to retirement age), the value is ...
FV = 350((1 +0.021/12)^324 -1)/(0.021/12) ≈ $152,419.36
The value of Jolene's retirement account when she turns 60 will be $152,419.36.
The answer that I got was D because I divided al of those number by 12 and I got D as the least
Answer:
7,470
Step-by-step explanation:
<u>Step 1: Convert all into inches</u>
1 feet = 12 inches
2 feet = x inches
<em>Cross multiply</em>
x = 24 inches
1 yard = 36 inches
13 yard = x inches
<em>Cross multiply</em>
x = 468 inches
<u>Step 2: Add all inches together</u>
24 + 468 + 6 = 498 inches
<u>Step 3: Multiply by 15</u>
498 x 15 = 7,470
Therefore, the answer is 7,470.
!!
Answer:
Quadrant 4
Step-by-step explanation:
Answer:
Two points on the line would be (0, -4) and (4, -7)
Step-by-step explanation:
In order to find this, we can start at the y-intercept. The y-intercept is the constant at the end of the equation. In this case it is -4, which gives us the first point of (0, -4).
We can find the second point by using the numerator of the slope to determine how much we go up or down (-3) and the denominator for how much we go left to right (4). So we add the 4 to the x value and add the -3 to the y value.
(4, -7)
