<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
Linear equation: y = mx + c
m = slope
c = y-intercept
Answer:
B=45
Step-by-step explanation:
let the supplamentary angle of <A is <d
180-A=d
180-135=d
45=d
90+d+B=180
90+45+B=180
135+B=180
B=180-135
B=45
Answer:
16.8
Step-by-step explanation:
Answer:
1.
2.
3.
Step-by-step explanation:
1. The given polynomial is
We need to factor the second part to get:
We factor y-5 to obtain:
2. We have
We again factor -1 from the second part to get:
We now factor x-y to get:
3. We have
We factor negative 1 from the first part to get
We now factor b-3 to get:
We now simplify to get:
