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S_A_V [24]
3 years ago
7

John saved $50,000. and wants to put the money into an Index Annuity that pays an average of 8.4% per year, compounded semi-annu

ally. How long will it take him to reach his goal of $1,000,000?
Mathematics
1 answer:
Oliga [24]3 years ago
6 0

Answer:

Divide 50,000 by 8.4...get that number and add it to the 50,000, divide again by 8.4 and add back, repeat until you reach 1,000,000... happy adding

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Out of $20$ creepy-crawly creatures in a room, $80\%$ are flies and $20\%$ are spiders. If $S\%$ of the total legs belong to spi
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Answer: 25

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Since, Total creepy-crawly creatures = 20

Out of which 80% are flies and 20% are spiders,

Thus, the total flies = 80% of 20 = 16

And, The total spiders = 20% of 20 = 4

Also, we know that the number of legs of a spider = 8,

⇒ Total legs belong to spiders out of 20 creepy-crawly creatures = 4×8 = 32

Again, the number of legs of a fly = 6

Thus, the total legs belong to flies out of 20 creepy-crawly creatures = 6×16 = 96

Hence, Total legs = 32 + 96 = 128

\text{ The percentage of legs that belongs to spider} = \frac{ \text{ Number of legs of 8 spiders}}{\text{ Total legs}}\times 100

= \frac{32}{128} \times 100

= \frac{3200}{28}

= 25\%

7 0
3 years ago
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