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solmaris [256]
2 years ago
8

Ed turns 34 and deposits $100 at the end of each month in IRA that earns 9% interest p.A compounded monthly. Find how much will

be in the IRA if Ed retires at the age 60.
Mathematics
1 answer:
pickupchik [31]2 years ago
3 0

Answer:

FV= $123,879.85

Step-by-step explanation:

Giving the following information:

Montlhy deposit (A)= $100

Monthly interest rate (i)= 0.09/12= 0.0075

Number of periods (n)= 12*26= 312 months

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {100*[(1.0075^312) - 1]} / 0.0075

FV= $123,879.85

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PLEASESEEEEEEE HELP WITH THIS TABLE
Darina [25.2K]

Answer:

A and B are correct

Step-by-step explanation:

It's asking what's true, so let me break this down for you.

If you look at the table, y has a row under the x row. Each of the boxes have numbers, and it's a so-called "pattern graph." A says, "The value of the function at x = 0 is y = 3." That means that the number 0 in the "x-row" has a 3 in the "y-row" (or below that number. That's all there is to it, and you just repeat this except different numbers, however... C and D aren't horizontal from each other so they are incorrect.

7 0
3 years ago
Ania scored a total of 120 points this season so far and averaged 15 points a game. How many games has she played?​
arlik [135]
She played 8 games. Since she earned a total of 120 points and 15 points per game you would divide 120/15=8
4 0
2 years ago
it takes joey 1/16 of an hour to write one thank you card.How many thank you cards can he make in 3/4 of an hour?
devlian [24]
I hope this helps you

5 0
3 years ago
From the parking lot at red hill shopping center the angle of the top of the hill is about 25 from the base of the hill the angl
eimsori [14]

Answer:

512 ft.

Step-by-step explanation:

From the parking lot at the Red Hill Shopping Center, the angle of sight (elevation) to the top of the hill is about 25. From the base of the hill you can also sight the top but at an angle of 55. The horizontal distance between sightings is 740 feet. How high is Red Hill? Show your subproblems.

Solution:

Let x be the distance from the base of the hill to the middle of the hill perpendicular to the height, let h be the height of the hill. Therefore:

tan 25 = h/(x + 740)

h = (x + 740)tan 25       (1)

tan 55 = h / x

h = x tan 55        (2)

Hence:

(x + 740)tan 25 = xtan 55

0.4663(x + 740) = 1.428x

0.4663x + 345.07 = 1.428x

0.9617x = 345.07

x = 359 ft.

h = xtan55 = 359 tan(55) = 512 ft.

8 0
2 years ago
(NEED HELP ASAP)
Mumz [18]
*The missing image is attached with the answer*

The correct answer is: Height = h =5 units

Explanation:
a = 6 = Smaller base
b = 10 = Larger base
h = height

Area = A = (a + b)h/2 = 40

Plug in the values in the above equation:
h = (2*40)/(6+10)
h = 5 units

4 0
3 years ago
Read 2 more answers
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