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soldier1979 [14.2K]

3 years ago

14

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a ra

te of 8% compounded annually?

1 answer:

morpeh [17]3 years ago

3 0

I think its <span>$117,817.20</span>

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there are 72 new houses being built in a neighborhood. Last month, 1/3 of them were sold. This month, 5/8 of the remaining house

Nataly_w [17]

Answer:

15 houses

Step-by-step explanation:

1/3 * 72 = 24

5/8 * 24 = 15

7 0

2 years ago

When a number is added to 1/5 of itself, the result is 24. The equation that models this problem is n +1/5 n = 24. What is the v

Lady_Fox [76]

For this case we must find the value of n of the following equation:

$n + \frac {1} {5} n = 24$

Taking common factor "n" from the left side of the equation we have:

$n (1+ \frac {1} {5}) = 24\\n \frac {6} {5} = 24$

Multiplying by 5 on both sides of the equation:

$6n = 120$

Dividing between 6 on both sides of the equation:

$n = 20$

Thus, the value of n is 20.

Answer:

$n = 20$

7 0

3 years ago

Read 2 more answers

Peter hired a cleaning company to clean his house. The cleaning company charges a fixed fee $15 plus $17 per hour to clean a hou

Mumz [18]

What’s the question?

6 0

2 years ago

Which choices are equivalent to the expression below ? Check all that apply 6sqrt3

Sav [38]

Answer:

3 3

Step-by-step explanation:

3 0

1 year ago

What is $96 spent in 4 hours written as a unit rate in minutes

lara31 [8.8K]

Answer: The unit rate of $96 spent in 4 hours is, $24 per hour.

Step-by-step explanation: To find the unit rate, you will need to write the information as a ratio, $96/4 hours. If you divide 96 by 4 you will get 24. That means this person spends $24 every hour or $24 per hour or $24/1 hour.

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3 years ago