1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRa [10]
3 years ago
5

Present value sura wiggle would like to make a single investment have 2.2 million at the time of her retirement in 28 years she

has found a mutual fund that will earn 7% annually how much will Sarah have to invest today if there are an annual return of 15%
Mathematics
1 answer:
levacccp [35]3 years ago
3 0

Answer:

if the annual interest rate is 7%, then you need to invest:

present value = future value / (1 + i)ⁿ

  • future value = $2,200,000
  • i = 7%
  • n = 28 years

present value = $2,200,000 / (1 + 7%)²⁸ = $330,884.87

if the interest rate is 15%, the you need to deposit a smaller amount:

present value = future value / (1 + i)ⁿ

  • future value = $2,200,000
  • i = 15%
  • n = 28 years

present value = $2,200,000 / (1 + 15%)²⁸ = $43,942.34

You might be interested in
For what value of x is this equation true? 10x−2(x+6)=52 10x−2(x+6)=52 A x=5 x=5 B x=5 3 4 x=534 C x=7 1 9 x=719 D x=8 x=8For wh
insens350 [35]

Answer:

x = 8

Step-by-step explanation:

10x - 2 (x + 6) = 52

Let X become 8

10 (8) - 2 (8 + 6) = 52

80 - 2 (14) = 52

80 - 28 = 52

52=52

7 0
3 years ago
Find X if m/_ UVH=50°, m/_HVW=25x-5, and m/_ UVW = 35x-5.​
ra1l [238]

Step-by-step explanation:

first you have to solve for x

35x - 5=50

35-35x-5= 50-35

x-5=15

x- 5÷5=15÷5

x=3

Now we have to substitute x into the equation.

35×(3)-5=

175-5=170

angle UVW= 170

to find angle HUW instead of solving the equation just subtract 170 from 50 and you will get 120.

angle UVH=50

angle HUW=120

angle UVW=170

I hope this helps srry it took so long but gn and gl.

7 0
3 years ago
Which decimal is between 85 and V86?
Romashka-Z-Leto [24]

\sf \large \underbrace{ \underline{Understanding  \: the  \: Question}}

This can be considered as a very easy Question where you have to find the value of √85 and √86 upto 2 decimal places then we could find it easily.

Let's start!

Value of √85=9.21

Value of √86=9.27

Now it is obvious that 9.25 lies between √85 and √86.

\sf \large \underbrace{ \underline{Additional \:  information}}

What are rational no.?

Any pair of numbers which is in the form of p/q where p and q are integers and p and q are co-prime is called rational number.

4 0
3 years ago
Read 2 more answers
Select the best answer to complete the sentence. A Rigid Motion or Isometry ______________________.
Dmitry_Shevchenko [17]

Answer: A. preserves length, angle measures and distance between points

Rigid motions or isometries are any of the three transformations below

  • translation (aka shifting)
  • rotation
  • reflection

Any of those three transformations will keep the figure the same size and shape. That means distances between any two points are kept the same, and angle measures are kept the same as well. Everything is kept the same. The only difference is that the figure is in a different location, is rotated somehow, or it is reflected some way. You can use a series of transformations to undo everything to get the original figure back.

If you wanted to change the size of the figure, then you would apply dilation, which isn't an isometry.

5 0
3 years ago
Nicholas wants to buy a new computer that is on sale for $899. His parents will loan him the money if he repays them. He has $22
Afina-wow [57]

Answer:

20 days

Step-by-step explanation:

899- 225= 674

674÷ 35= 19.257....

which you would round it up to 20 because he would have to work the extra day because you need more than less.

8 0
3 years ago
Read 2 more answers
Other questions:
  • What is 600,000 - 145,782?
    13·2 answers
  • In a standard dictionary, where can you find the key to pronunciation marks ?
    5·1 answer
  • Steve earns $0.58 for each unit of work. one week he produced 532 units. how much did he earn that week?
    14·2 answers
  • Simplify to create an equivalent expression -5(3p+3)+9(-7+p)
    12·1 answer
  • Please explain how to do this
    8·1 answer
  • A city council consists of six democrats and seven republicans. if a committee of five people is​ selected, find the probability
    5·1 answer
  • Mrs. Cortez is giving allowance to her children. She has a total of x dollars to give out to her three children. Each child will
    7·1 answer
  • Use the following problem to answer questions 8 and 9. A television manufacturer has three locations where it is finally assembl
    5·1 answer
  • Find the periodic withdrawals PMT for the annuity given. HINT [See Example 4.] (Assume end-of-period withdrawals and compounding
    11·1 answer
  • What's a birds favorite math topic
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!