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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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Three sailors were marooned on a deserted island that was also inhabited by a band of monkeys. The sailors worked all day to col
noname [10]

Step-by-step explanation:

x-the initial number of coconuts

x=3y+1

2y=3z+1

2z=3×7+1=>z=11=>y=17=>x=52

7 0
3 years ago
IF YOU SOLVE FIRST YOU GET BRAINLIEST
Nonamiya [84]

I solved 2/5(x − 2) = 4x. I don't know why you included those extra numbers.

<u>-2/9</u>

7 0
3 years ago
Reuben learned in art class that a mosaic is made by arranging small pieces of colored material such as glass or tile to create
anastassius [24]

Pattern is the rule that guides the formation of a set.

  • <em>The sequence of the first five mosaics is 5, 8, 11, 14, 17</em>
  • <em>The sequence is arithmetic</em>
  • <em>There are 32 tiles in the tenth mosaic.</em>

From the given design, the number of tiles used is:

T_1 = 5

T_2 = 8

T_3 = 11

<u />

<u>(a) The first five</u>

Notice that the difference in the number of tiles of successive mosaic is 3.

This means that:

T_4 = T_3 + 3 = 11 +3 = 14

T_5 = T_4 + 3 = 14 +3 = 17

So, the sequence of the first five mosaics is 5, 8, 11, 14, 17

<u>(b) The type of sequence</u>

The sequence is arithmetic

This is so, because the difference in the number of tiles of successive mosaic is 3.

This difference is called the common difference

<u>(c) The number of tiles in the tenth mosaic</u>

The nth term of an arithmetic sequence is:

T_n = T_1 + (n - 1) \times d

In this case:

T_1 = 5

d =3

n = 10

So, we have:

T_{10} = 5 + (10 - 1) \times 3

T_{10} = 5 + 9 \times 3

T_{10} = 5 + 27

T_{10} = 32

There are 32 tiles in the tenth mosaic.

Read more about arithmetic sequence at:

brainly.com/question/18109692

5 0
3 years ago
(2.9X10^5)X(3.4X10^3 in standard form
Evgesh-ka [11]

By using exponent, it can be verified that

(2.9 \times 10^5) \times (3.4 \times 10^3) in standard form is 9.86 \times 10^8

What are exponent?

Exponent tells us how many times a number is multiplied by itself.

For example : In 2^4 = 2 \times 2 \times 2 \times 2

Here, 2 is multiplied by itself 4 times.

If a^m = a \times a \times a ... \times a (m times), a is the base and m is the index.

The laws of index are

a^{m + n} = a^m \times a^n\\a^{m - n} = \frac{a^m}{a^n}\\(\frac{a}{b})^m = \frac{a^m}{b^m}\\(ab)^m = a^m b^m\\a^0 = 1\\a^{-n} = \frac{1}{a^n}

The given exponent is

(2.9 \times 10^5) \times (3.4 \times 10^3)\\9.86 \times 10^{5+ 3}\\9.86 \times 10^8

To learn more about exponent, refer to the link:

brainly.com/question/11975096

#SPJ1

8 0
1 year ago
Can i please get the answer to this?
Artist 52 [7]
4x+10=90
4x=80
x=20
Why 90°? This is because the angle subtended in a semi-circle to the circumference is 90°.
6 0
3 years ago
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