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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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The equation is y=16(1.35)ˣ.

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7 0
3 years ago
Algebra find each unknown 6/12=x/2
bearhunter [10]

Answer:

x=1

Step-by-step explanation:

6/12 = x/2

Simplify the left side by dividing the top and bottom by 6

1/2 = x/2

Using cross products

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5 0
3 years ago
NEED HELP ASAP!!!! <br> A) 12 sq. cm.<br> B) 6 sq. cm.<br> C) 12 cm<br> D) 6 cm
zaharov [31]

Answer:

its B- 6 sq. cm.

Step-by-step explanation:

1/2 times base times height

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6

5 0
2 years ago
Read 2 more answers
The estimated quotient of 895 divided by 19 is what number?a. 40 b. 45 c. 55 d. 60
Ira Lisetskai [31]

Answer:

b. 45

Step-by-step explanation:

895 ÷ 19 = 47.1

47.1 rounded is 50, but since there is no 50 option, we'll just round it down to 45.

--

another way:

round 895 (900) and 19 (20)

divide:

895 ÷ 20 = 45

you'll get 45 either way :)

7 0
3 years ago
Question
Serggg [28]

Answer:

i think two months im not sure tho

Step-by-step explanation:

5 0
3 years ago
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