Answer:
39,000,000
Roundend to the nearest 1,000,000 or
the Millions Place.
38,802,500.0000000
Roundend to the nearest 0.0000001 or
the Ten Millionths Place.
<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>
<em><u /></em>
- 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
Answer:
x=−50
Step-by-step explanation:
The equation in point slope form is given as y+3 = -5/8(x-4)
<h3>Equation of a line</h3>
The formula for calculating the equation of a line in point-slope form is expressed as:
y-y1= m(x-x1)
Given the coordinate point
Slope = 2-(-3)/-2-4
Slope = 5/-8
Determine the equation
y-(-3) =-5/8(x-4)
y+3 = -5/8(x-4)
Hence the equation in point slope form is given as y+3 = -5/8(x-4)
Learn more on equation of a line here: brainly.com/question/18831322
#SPJ1
If K is midpoint of JL then JK = 0.5JL
JL = 4x - 2; JK = 7
The equation:
0.5(4x - 2) = 7
2x - 1 = 7 |add 1 to both sides
2x = 8 |divide both sides by 2
<u>x = 4</u>
<u>JL</u> = 4(4) - 2 = 16 - 2 = <u>14</u>
<u>KL</u> = JK =<u> 7</u>
