Answer: -25
Step-by-step explanation:
The formula of the future value of an annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT 2400
R 0.08
T 32 years
Fv=2,400×((1+0.08)^(32)−1)÷(0.08)
Fv=322,112.49
Now deducte 28% the tax bracket from the amount we found
annual tax 2,400×0.28
=672 and tax over 32 years is 672×32
=21,504. So the effective value of Ashton's Roth IRA at retirement is 322,112.49−21,504=300,608.49
The slope is the change in Y over the change in X.
Use the two blue dots on the graph :
(-1,0) ans (3,4)
Slope = (4 - 0) / (3 - -1)
= 4 / 4
= 1
Answer:
x = 15
y = 5
Step-by-step explanation:
x = 15
y = 5
Answer:
The slope of the line is 3.
Step-by-step explanation:
Using the rise over run rule, we are able to tell the slope is 3/1, which is just 3.