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nexus9112 [7]
2 years ago
15

If I deposit $100,000 in a retirement account that gives 8 % paid annually, what will be balance after 25 years?

Mathematics
1 answer:
Zinaida [17]2 years ago
6 0

Answer:

$300,000

Step-by-step explanation:

To find 8% of 100,000 all you need to do is multiply 100,000 by .08.

100,000 (.08) = 8,000

The 8,000 accounts for one year, so now you have to multiply 8,000 by 25.

8,000 (25) = 200,000

Now add the initial amount to the additional 200,00 that will be paid to the retirement account.

100,000 + 200,000 = 300,000

The answer is $300,000.

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Suppose both factors in a multiplication problem are multiples of 10. Why might the number of zeroes in the product be different
Lelu [443]

Answer:

Multiplying factors whose products are multiples of 10 add to the number of zeros when factors are multiplied as multiples of 10s.

Step-by-step explanation:

Let the first five multiples of ten be

10*1= 10

10*2= 20

10*3=30

10*4=40

10*5= 50

Suppose we chose 20 and 50.

Now multiplying 20 with 50 we get

20*50= 1000

IF we count the total number of zeros in the factors ( 20 and 50) they are 2.

But the number of zeros in the product (1000) are 3.

This is because when we multiply 2 with 5 we get 10 which adds to the existing number of zeros ( i.e 2) and we get a total of 3 zeros.

And multiplying 10 with 50 we get

10*50= 500

IF we count the total number of zeros in the factors ( 10 and 50) they are 2.

But the number of zeros in the product (500) are also 2.

This is because when we multiply 1 with 5 we get 5 which does not add to the existing number of zeros ( i.e 2) and the total number of zeros remain the same.

Similarly multiplying 20 with 30 we get

20*30= 600

IF we count the total number of zeros in the factors ( 20 and 30) they are 2.

But the number of zeros in the product (600) are also 2.

This is because when we multiply 2 with 3 we get 6 which does not have a zero and the total  number of zeros remain the same as in the factors.

So we see that multiplying factors whose products are multiples of 10 add to the number of zeros when factors are multiplied as multiples of 10s.

5 0
3 years ago
What is the number 5 2/7 written as a improper fraction
WARRIOR [948]

Answer:

the answer is 37/7

Step-by-step explanation:

u multiply the 5 and the seven and add the 2 and u get 37/7 so u keep the denominator the same

5 0
3 years ago
How can 1% of 300 be used to determine 64% of 300? Enter your answers in the boxes to correctly complete the statement. 1% of 30
Ratling [72]

Answer:

1% of 300 is 3 so if you multiply that 3 by 64, you get 192 which is also 64% of 300

Step-by-step explanation:

.01 x 300 = 3

3 x 64 = 192

.64 x 300 = 192

4 0
2 years ago
Read 2 more answers
Value of 8 <br> in 1,283,479
Nutka1998 [239]

Answer:

80,000

Step-by-step explanation:

Since 8 is 4 spaces to the left, it’s in the 10,000’s range, making it 80,000

6 0
2 years ago
Duval had 7/8 quart of milk. He used 1/6 quart for a recipe. How much milk does Duval have left? Show your work.
Sonbull [250]

Answer:

He has 7/48 left.

Step-by-step explanation:

7/8 X 1/6

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2 years ago
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