<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
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- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
Read more at; brainly.com/question/9187598
its -325
:3
hope this helped gooooood luck ;3
A
It is a first degree polynomial (aka linear because its highest power is 1) and it has two terms (2x and 8)
It does not have eight terms and is not a monomial (one term ie 3x^2)
Answer:
y = 5/3x +5
Step-by-step explanation:
The two-point form of the equation of a line is useful here.
y = (y2 -y1)/(x2 -x1)(x -x1) +y1
y = (0 -(-5))/(-3 -(-6))(x -(-6)) -5
y = 5/3(x +6) -5
y = 5/3x +5 . . . . slope-intercept form
5x -3y = -15 . . . .standard form
_____
There is no "fully reduced" form of the equation of a line. There are slope-intercept form, point-slope form, two-point form, standard form, general form, intercept form, and some others. We assume that "fully reduced" applies to any fractions in the equation. The "slope-intercept" form has a fraction, so perhaps that's the form that is required.
