The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
6 minutes
Step-by-step explanation:
Mr Crenshaw checks at a rate of 1/10 and Mr. Aguirre checks at a rate of 1/15.
If they work together, they will be checking at a combined rate of:
1/10 + 1/15 = [3(1) + 2(1)]/30
= 5/30 = 1/6
Their combined rate is 1/6 which means they check one set in 6 minutes
Answer:
(-10, 0) and (0,-5)
Step-by-step explanation:
For the function 
find x-intercept and y-intercept:
1. when y=0, then
2. when x=0, then
You get two points (-10, 0) and (0,-5). Plot them on the coordinate plane and connect, obtained line is the graph of the linear function 
To find 10,000 more than 6,310, you add; so the answer is 16,310
(5+4+6-2)×2×2-1
(9-4)×2×2-1
5×2×2--1
10×2-1
20-1
19
