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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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Q2 - With decimals
Mila [183]

Answer:

Simplify the following algebraic expressions.

- 6x + 5 + 12x -6

2(x - 9) + 6(-x + 2) + 4x

3x2 + 12 + 9x - 20 + 6x2 - x

(x + 2)(x + 4) + (x + 5)(-x - 1)

1.2(x - 9) - 2.3(x + 4)

(x2y)(xy2)

(-x2y2)(xy2)

Solution

Group like terms and simplify.

- 6x + 5 + 12x -6 = (- 6x + 12x) + (5 - by

Solution

Use rules of exponential to simplify the numerator first.

(a b2)(a3 b) / (a2 b3) = (a4 b3) / (a2 b3)

Rewrite as follows.

(a4 / a2) (b3 / b3)

Use rule of quotient of exponentials to simplify.

= a2

Rewrite as follows.

(21 x5) / (3 x4) = (21 / 3)(x5 / x4)

Simplify.

= 7 x

(6 x4)(4 y2) / [ (3 x2)(16 y) ]

Multiply terms in numerator and denominator and simplify.

(6 x4)(4 y2) / [ (3 x2)(16 y) ] = (24 x4 y2) / (48 x2 y)

Rewrite as follows.

= (24 / 48)(x4 / x2)(y2 / y)

Simplify.

= (1 / 2) x2 y

Factor 4 out in the numerator.

(4x - 12) / 4 = 4(x - 3) / 4

Simplify.

= x - 3

Factor -5 out in the numerator.

(-5x - 10) / (x + 2) = - 5 (x + 2) / (x + 2)

Simplify.

= - 5

Factor numerator and denominator as follows.

(x2 - 4x - 12) / (x2 - 2x - 24) = [(x - 6)(x + 2)] / [(x - 6)(x + 4)]

Simplify.

= (x + 2) / (x + 4) , for all x not equal to 6

Solve for x the following linear equations.

2x = 6

6x - 8 = 4x + 4

4(x - 2) = 2(x + 3) + 7

0.1 x - 1.6 = 0.2 x + 2.3

- x / 5 = 2

(x - 4) / (- 6) = 3

(-3x + 1) / (x - 2) = -3

x / 5 + (x - 1) / 3 = 1/5

Solution

Divide both sides of the equation by 2 and simplify.

2x / 2 = 6 / 2

x = 3

Add 8 to both sides and group like terms.

6x - 8 + 8 = 4x + 4 + 8

6x = 4x + 12

Add - 4x to both sides and group like terms.

6x - 4x = 4x + 12 - 4x

2x = 12

Divide both sides by 2 and simplify.

x = 6

Expand brackets.

4x - 8 = 2x + 6 + 7

Add 8 to both sides and group like terms.

4x - 8 + 8 = 2x + 6 + 7 + 8

4x = 2x + 21

Add - 2x to both sides and group like terms.

4x - 2x = 2x + 21 - 2x

2x = 21

Divide both sides by 2.

x = 21 / 2

Add 1.6 to both sides and simplify.

0.1 x - 1.6 = 0.2 x + 2.3

0.1 x - 1.6 + 1.6 = 0.2 x + 2.3 + 1.6

0.1 x = 0.2 x + 3.9

Add - 0.2 x to both sides and simplify.

0.1 x - 0.2 x = 0.2 x + 3.9 - 0.2 x

- 0.1 x = 3.9

Divide both sides by - 0.1 and simplify.

x = - 39

Multiply both sides by - 5 and simplify.

- 5(- x / 5) = - 5(2

What is the y intercept of the line - 4 x + 6 y = - 12?

Solution

Set x = 0 in the equation and solve for y.

- 4 (0) + 6 y = - 12

6 y = - 12

y = - 2

y intercept: (0 , - 2)

What is the x intercept of the line - 3 x + y = 3?

Solution

Set y = 0 in the equation and solve for x.

- 3 x + 0 = 3

x = -1

x intercept: (-1 , 0)

What is point of intersection of the lines x - y = 3 and - 5 x - 2 y = - 22?

Solution

A point of intersection of two lines is solution to the equations of both lines. To find the point of intersection of the two lines, we need to solve the system of equations x - y = 3 and -5 x - 2 y = -22 simultaneously. Equation x - y = 3 can be solved for x to give

x = 3 + y

Substitute x by 3 + y in the equation - 5 x - 2 y = -22 and solve for y

-5 (3 + y) - 2 y = - 22

-15 - 5 y - 2 y = - 22

-7 y = - 22 + 15

-7 y = - 7

y = 1

Substitute x by 3 + y in the equation -5 x - 2 y = - 22 and solve for y

x = 3 + y = 3 + 1 = 4

Point of intersection: (4 , 1)

For what value of the constant k does the line - 4 x + k y = 2 pass through the point (2,-3)?

Solution

For the line to pass through the point (2,-3), the ordered pair (2,-3) must be a solution to the equation of the line. We substitute x by 2 abd y by - 3 in the equation.

- 4(2) + k(-3) = 2

Solve the for k to obtain

k = - 10 / 3

What is the slope of the line with equation y - 4 = 10?

Solution

Write the given equation in slope intercept form y = m x + b and identify the slope m.

y = 14

It is a horizontal line and therefore the slope is equal to 0.

What is the slope of the line with equation 2 x = -8?

Solution

The above equation may be written as

x = - 4

It is a vertical line and therefore the slope is undefined.

Find the x and y intercepts of the line with equation x = - 3?

Solution

The above is a vertical line with x intercept only given by

(-3 , 0)

Find the x and y intercepts of the line with equation 3 y - 6 = 3?

Solution

The given equation may be written as

y = 3

The above is a horizontal line with y intercept only given by

(0 , 3)

What is the slope of a line parallel to the x axis?

Solution

A line parallel to the x axis is a horizontal line and its slope is equal to 0.

What is the slope of a line perpendicular to the x axis?

Solution

A line perpendicular to the x axis is a vertical line and its slope is undefined

Step-by-step explanation:

y = -22 and solve for y

-5 (3 + y) - 2 y = - 22

-15 - 5 y - 2 y = - 22

-7 y = - 22 + 15

-7 y = - 7

y = 1

8 0
3 years ago
Carly collected 4 1/4 pounds of newspaper for the recycling drive. Chloe collected 5 times as much newspaper as Carly. How many
BabaBlast [244]
The answer isss 21.25
7 0
3 years ago
Read 2 more answers
How is multiplying and dividing numbers in scientific notation different from adding and subtracting numbers in scientific notat
cupoosta [38]

Answer:

multiple and divide are depending on the powers ( sometimes the numbers before the scientific n.)

If the power neg- , it's going down

like this 10^-5 = 1/10^5

If the power pos+ , it's the same idea but different in signs .

Adding and subtracting are depending on numbers ( If the scientific n. is the same number) .

for example:

3x10^5 + 4x10^5 = (3+4)x10^5 = 7x10^5

6 0
3 years ago
Part B
Georgia [21]

Answer:140

Step-by-step explanation: It is a really big number not the most reasonable answer for the low amount of marbles their are in the jar adding 58 and 82 gives you your answer

5 0
3 years ago
Find the area of the shape shown below.
vlabodo [156]

Answer:

6cm^{2} (assuming the units is in centimetres)

Step-by-step explanation:

Hi, hope this helps!

Method 1:

Calculate this shape as a trapezium. This is a trapezium because it has one pair of parallel sides. The way to calculate the area of a trapezium is this:

- Half the sum of the parallel sides

- Multiply the perpendicular height between them

In this case, 4 and 2 are parallel, so we add them together (4 + 2 = 6) then we divide by two (6 ÷ 2 = 3). Then we multiply our answer by the perpendicular length between the two parallel sides (assuming the side on the left is at a right-angle, 3 x 2 = 6).

Method 2:

Calculate this shape as a rectangle + a triangle. If you split the shape so the pointy bit on the right becomes a triangle and the left becomes a square, you can calculate the area without knowing the formula for calculating a trapezium (see above ^).

- Area of the square / rectangle = length x width = 2 x 2 = 4

- Area of the triangle = 1/2 x length x width = 2 x 2 x 1/2 = 4 x 1/2 = 4 ÷ 2 = 2

Then we add the two areas together (4 + 2 = 6).

I hope this helped and I wasn't waffling on :)

Bluey

8 0
3 years ago
Read 2 more answers
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