Answer:
FALSE
Step-by-step explanation:
It is false because 401(k) accounts are not funded by employer's wages but <em>employees' </em>wages ; the latter voluntarily make contributions to a retirement account that is taken out of their wages before taxes . Employers on the other hand may partially or fully match a portion of these contributions.
First, set up the equation.
365x + 125 = 250x + 175
Second, combine like terms on the same side by subtracting 250x and 125 from both sides.
365x +125 = 250x + 175
-250x -125 -250x -125
__________________
115x = 50
Third, divide both sides by 115 to solve for x.
115x = 50
---- ----
115 115
Fourth, simplify.
x=50/115=10/23 or 0.435
You want to solve for x so add 18 from both sides of the equal sign. making it 3x=12. then divide both sides by 3 making x=4. x is 4.
Answer:
531 in^2
Step-by-step explanation:
21 x 18 = 378 in^2
17 x 9 = 153 in^2
378 + 153 = 531 in^2
Answer:
He must invest R297 521 today.
Step-by-step explanation:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Banabas must pay his ex-wife an amount of R350 000 in two years’ time.
This means that 
Interest rate of 8.15% per annum compounded monthly:
This means that
.
Amount he must invest today:
This is P. So




He must invest R297 521 today.