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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!

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the length of a rectangle is 5 meters more than the width. the perimeter is 26 meters. write and solve an equation to find the l
fredd [130]

Answer:

Step-by-step explanation:

If width =x

Length =x + 5

Perimeter =x+x+5+x+x+5

26=4x+10

16=4x

X=4

Therefore width =4

Length =9

6 0
3 years ago
Can someone help please​
maw [93]

Answer:

A, B, C, D, and F are all solutions.

Step-by-step explanation:

All of the possible answers are correct except for E. Answer E is 0.001 less than -4 which would not make the equation true. Hope this helps!!

6 0
3 years ago
A quadrilateral has congruent diagonals. It is probably a( n) ______.
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7 0
3 years ago
A running coach checks on his team's best recorded sprinting times during practice. Drag the runners in order from the greatest
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6 0
3 years ago
-1/3 + (-7/4)<br> pls help
djverab [1.8K]

Answer:

  -25            

 ——— = -2.08333

    12  

Step-by-step explanation:

Step  1  :

           7

Simplify   —

           4

Equation at the end of step  1  :

       1           7

 (0 -  —) +  (0 -  —)

       3           4

Step  2  :

           1

Simplify   —

           3

Equation at the end of step  2  :

       1     -7

 (0 -  —) +  ——

       3     4

Step  3  :

Calculating the Least Common Multiple :

3.1    Find the Least Common Multiple

     The left denominator is :       3

     The right denominator is :       4

       Number of times each prime factor

       appears in the factorization of:

Prime

Factor   Left

Denominator   Right

Denominator   L.C.M = Max

{Left,Right}

3 1 0 1

2 0 2 2

Product of all

Prime Factors  3 4 12

     Least Common Multiple:

     12

Calculating Multipliers :

3.2    Calculate multipliers for the two fractions

   Denote the Least Common Multiple by  L.C.M

   Denote the Left Multiplier by  Left_M

   Denote the Right Multiplier by  Right_M

   Denote the Left Deniminator by  L_Deno

   Denote the Right Multiplier by  R_Deno

  Left_M = L.C.M / L_Deno = 4

  Right_M = L.C.M / R_Deno = 3

Making Equivalent Fractions :

3.3      Rewrite the two fractions into equivalent fractions

Two fractions are called equivalent if they have the same numeric value.

For example :  1/2   and  2/4  are equivalent,  y/(y+1)2   and  (y2+y)/(y+1)3  are equivalent as well.

To calculate equivalent fraction , multiply the Numerator of each fraction, by its respective Multiplier.

  L. Mult. • L. Num.      -1 • 4

  ——————————————————  =   ——————

        L.C.M               12  

  R. Mult. • R. Num.      -7 • 3

  ——————————————————  =   ——————

        L.C.M               12  

Adding fractions that have a common denominator :

3.4       Adding up the two equivalent fractions

Add the two equivalent fractions which now have a common denominator

Combine the numerators together, put the sum or difference over the common denominator then reduce to lowest terms if possible:

-1 • 4 + -7 • 3     -25

———————————————  =  ———

      12            12

Final result :

 -25            

 ——— = -2.08333

 12            

Processing ends successfully

plz mark me as brainliest :)

7 0
3 years ago
Read 2 more answers
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