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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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tickets for a football match are sold at $30 for adults and $15 for children a company bought 28 tickets if x of these tickets w
anzhelika [568]
First, we must let:
   x = number of tickets intended for adults
   y = number of tickets intended for children.

a. Write in terms of x the number of tickets for children
     Solution:
           x + y = 28   ⇔    y = 28 - x   (equation 1)
       To answer in terms of x:
           no. of tickets for tickets for children = 28 - x

b. the amount spent on tickets for adults
    Solution:  $30 is the cost of ticket per adult and there are x number of tickets intended for adults.
           Therefore, 
            amount spent on ticket for adults = 30x

c. the amount spent on the tickets.
     Solution:
       $ 15  = cost of ticket per child
       $ 30 = cost of ticket per adult

      total amount spent on tickets = 30x + 15y    ⇒   (equation2)
  substitute equation 1 to equation 2.
  (equation 1)   y = 28 - x
  (equation 2)   total amount spent on tickets = 30x + 15y
                        total amount spent on tickets = 30x + 15(28-x)
                        total amount spent on tickets = 30x + 420 - 15x
                        total amount spent on tickets = 15x + 420
4 0
3 years ago
Any one that knows this please help thanks!
nignag [31]

You just need to plug the values: you have to multiply x and y^2, and then divide the result by -3.

So, if y=2, we have y^2=4

Which means that xy^2 = 5\cdot 4 = 20

And the final answer is \frac{20}{-3}

3 0
3 years ago
Need help ASAP Thankyou
sineoko [7]

Answer:

Volume of the tank = 636 ft³

Step-by-step explanation:

Formula for the volume of a cylinder is,

V = πr²h

Where r = radius of the cylinder

h = height of the cylinder

By substituting the values of radius and height of the water tank given in the question,

V = \pi (4.5)^{2}(10)

   = 202.5π

   = 202.5 × (3.14)

   = 635.85 ft³

   ≈ 636 ft³

Therefore, volume of the cylindrical water tank is 636 ft³.

4 0
3 years ago
Need answer within 15 min
nikdorinn [45]

Answer:

10

Step-by-step explanation:

12-6+4

6 0
2 years ago
Plz help ASAP 15 points 4. XY is tangent to circle Zat point Y. Xw is tangent to circle Zat point W.
mars1129 [50]

9514 1404 393

Answer:

  A.  4.8 units

Step-by-step explanation:

Segment ZX can divide the figure into two right triangles. Then angle XZY is 136°/2 = 68°. The tangent relation tells you ...

  Tan = Opposite/Adjacent

  tan(68°) = XY/r

  r = 12/tan(68°) ≈ 4.848 ≈ 4.8

The radius of the circle is about 4.8 units.

4 0
3 years ago
Read 2 more answers
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