The formula of the future value of an annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT 2400
R 0.08
T 32 years
Fv=2,400×((1+0.08)^(32)−1)÷(0.08)
Fv=322,112.49
Now deducte 28% the tax bracket from the amount we found
annual tax 2,400×0.28
=672 and tax over 32 years is 672×32
=21,504. So the effective value of Ashton's Roth IRA at retirement is 322,112.49−21,504=300,608.49
Answer:
12 cm
Step-by-step explanation:
This would be the cubic root of 1728
= 12 cm
( 1729 is known as Ramanajan's number. Look it up - it's interesting)
Assign x as the number of females.
Since makes are six times more: 6x is the male variable.
In total there are 7x students.
So the fraction for males is : 6/7
There's no way to simplify further because there's no term common to both the denominator/numerator.
Answer: 6/7