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
geniusboy [140]
3 years ago
6

The Choi family wants to save money to travel the world. They purchase an annuity with a monthly payment of $65 that earns 4.5%

interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 11 years.
Mathematics
2 answers:
Lesechka [4]3 years ago
8 0

Answer:

You can get an idea of how much guaranteed lifetime income a given amount of savings will buy by going to this annuity payment calculator. Today, for example, $100,000 would get a 65-year-old man about $525 a month in lifetime income, while that amount would generate roughly $490 a month for a 65-year-old woman.

marta [7]3 years ago
7 0

Answer: $8966.10

Step-by-step explanation:

The monthly payment with interest is 67.925. Multiply that by 12 for the 12 months in a year. You should get 815.10 as your yearly payment. And finally multiply 815.10 by 11 for the 11 years. You should get 8966.10 as your final answer. I hope this helps!

You might be interested in
we need any help on this home I can you turn it in by Monday so can you help me please. i need on 9 and 10
marta [7]
9) yes, he is correct.   

50% as a decimal would be 0.50
7% as a decimal would be 0.07

10)Buy and Bye has a greater discount because 30% as a decimal is 0.30 and 1/4 as a decimal is 0.25.

0.30 is bigger than 0.25 so it is a bigger discount
7 0
3 years ago
Does it matter if you add azero when you divide a dcimal.
Brilliant_brown [7]
No, it won't change the outcome.
3 0
4 years ago
Read 2 more answers
HELPPPPPPPPPPPPPPPPPPPPPPPP
rodikova [14]
For question 22, divide each number by 1.41 to see which one produces a quotient larger than 0.9. d is the answer.
For #23, multiple 0.155 million by 86%, the result is 133,300
again, d is the correct answer. 
7 0
3 years ago
-32>-5+9z Solve for x.
Darya [45]

Answer:

I do not know how it wants the answer, but it is -4.1 repeating.

I am guessing you meant solve for z too? If there are multiple choice I can help choose the right one.

Step-by-step explanation:

-32>5+9z

subtract 5 from both sides

-37>+9z

then divide 9 from both sides

-4.1111 repeating > z

4 0
3 years ago
A compound proposition that is always ___________ is called a contradiction. A. True B. False
alexandr1967 [171]

Answer:

<em>A compound proposition that is always false is called a contradiction</em>

Step-by-step explanation:

3 0
3 years ago
Other questions:
  • In a video game, you earn 4 points for each jewel you find. you earn 6 points for each star yu find. write an equation that repr
    13·1 answer
  • The sum of two right angles always, sometimes, never results in a straight angle. Justify answer
    13·1 answer
  • find the width, ans height and area of 26'' TV screen that has an aspect ratio of 4:3. round to the nearest whole number.
    11·1 answer
  • I understand this question is really easy but the answer I found isn't one of the options and I have spent 30 minutes on this as
    10·1 answer
  • I need help Please help!
    15·2 answers
  • Tom has a pool in his backyard. The patio and fence around the pool are
    9·1 answer
  • In the triangles below, mzB = m2P and mZT = MZJ.
    10·1 answer
  • Explain how to use a model to represent the division of two fractions.
    14·1 answer
  • A rectangular sheet of paper is 12 cm long and 10 cm wide. 2 3 Find its perimeter.​
    5·2 answers
  • Find the area of the following shape
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!