<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
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- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
Read more at; brainly.com/question/9187598
Answer:
Quality rotation is the act of a joint moving through a range of motion in a way that is efficient, controlled and repeatable.
98 divided by 2 equals 49
55 divided by 5 equals 11
Answer:
x = 12.1
Step-by-step explanation:
20 − (z + 7) = 0.9
Distribute the minus sign
20 -x -7 = .9
Combine like terms
13 -x = .9
Subtract 13 from each side
-x = -12.1
x = 12.1
