Answer: The answer is B
Step-by-step explanation:
Given:
Tom's earnings: x
Jan's earnings: 2x - 150
Total earnings: 1380
x + 2x - 150 = 1380
3x = 1380 + 150
3x = 1530
3x/3 = 1530/3
x = 510
Tom's earnings: x = 510
Jan's earnings: 2x - 150 = 2(510) - 150 = 1,020 - 150 = 870
total earnings: 1,380
510 + 870 = 1,380
1,380 = 1,380
$662.18 needs to be saved per month.
$90,000 now at 3% inflation will become 90000*1.03^30 after 30 years.
i.e. $218,454 is required in retirement years (for 20 years)
Calculating the PV of these payments at 7% is calculated as below.
FV = 0
1/y = 7%
n=20; PMT = 218454; calculate PV = $2,314,305
Now we want to get $2,314,305 at the start of retirement by saving per year. Enter the following in the financial calculator to get the per month amount.
FV = 2314305; PV = 0; n= 12*30; 1/y = 12%/12; calculate PMT = $662.18
So $662.18 needs to be saved per month.
Learn more about inflation here: brainly.com/question/8149429
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That is a display of the distributive property.
This is shown because when a number is written directly next to a set of parentheses, you must multiply each value inside the parentheses by the number on the outside.
In this case, 5(8-6) means that you must multiply 5 by 8, as well as by -6.
The right side of the equal sign in the given problem shows both of those steps separately, which is why it is a display of the distributive property. The correct answer is A.
X1, y1 = (-5,-3)
x2, y2 = (-5, -6)
distance =√[(x2-x1)^2 + (y2-y1)^2]
=√[(-5 + (-5))^2 + (-6+(-3))^2]
= √(100+81)
=
