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masha68 [24]
3 years ago
8

Tom and Jerry both earn the same monthly salary. Each month: Tom saves 35% of his salary. Jerry spends of his salary and saves t

he rest of his salary. Work out who saves the most money each month. You must show your working.
Mathematics
1 answer:
sineoko [7]3 years ago
4 0

Answer:

How much did Jerry spent out of his salary

Step-by-step explanation:

Please complete the question

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Janet Woo decided to retire to Florida in 6 years. What amount should Janet invest today so she can withdraw $51,500 at the end
Elina [12.6K]

Answer:

$293,562.707

Step-by-step explanation:

As for the provided details we know,

Janet needs $51,500 from end of 7th year for upcoming 20 years.

The present value of 20 installments of $51,500 shall be @ 6% from year 7 to year 8.0858

Thus total value = $51,500 \times 8.0858 = $416,418.7

Now the compound interest factor for 6 year @ 6 % = 1.4185

Thus, value to be invested today = $416,418.70/1.4185 = $293,562.707

As this when compounded annually will provide the balance as required at the end of 6 years.

7 0
3 years ago
Jojo paid $6 for 3/5 pound of cheddar cheese
snow_tiger [21]

Answer:

why would he do that

Step-by-step explanation:

thats a lot for cheese. i can get it a dollar a pound

6 0
3 years ago
Read 2 more answers
A square rug covers 79 square feet of floor. What is the approximate length of one side of the rug? (Approximate to the nearest
Mice21 [21]
A = a^2.....where " a " is the length of one side
A = 79

79 = a^2...take sqrt of both sides, eliminating the ^2
sqrt 79 = a
8.89 = a

so the length of one side is approximately 8.89 ft <==
8 0
4 years ago
A tree is 7 ft tall when it is planted and this type of tree grows two feet per year. How tall will the tree be in 6 years? How
s344n2d4d5 [400]

2x+7=?

X=6

2(6)+7=

12+7=19

In six years, the tree will be 19ft

2x+7=44

Minus seven on both sides

2x=37

Divide two from both sides

X=18.5

Thus, it will take 18 and a half years for the tree to reach 44ft

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4 years ago
Coffee is priced at 6.63
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Answer:

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Step-by-step explanation:

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2 years ago
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