Answer:
He would have $111,050.77 in the IRA.
Step-by-step explanation:
<u>What we know</u>:
The PMT is $1000
Rate of Interest (i in the formula) is 6.4% or 0.064 in decimal form
Number of periods (n) is 12
-
<u>Equation (Future Value Formula)</u>:
FV = PMT ( (1+i)^n -1) / i)
= 1000 ( (1+0.064)^12 -1) / 0.064)
FV = 17,269.22 (rounded)
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A stands for amount
T stands for time period which is 30
<u>Finding IRA</u>:
A = FV (1+i)^t
= 17,269.22 (1+0.064)^30
= $111,050.77
Answer:
Option C 
Step-by-step explanation:
we know that
using proportion
Answer:
Answer is Q,R,P
Hope it helps....... pls mark as brainliest
Answer:
2
Step-by-step explanation:
Look at the graph, f(4) is at 3. So what is g(3)? it is 2.
Slope = rise/run
3 down, 1 left: 3/1 = 3
Y = 3x + b
Plug in any point
1 = 3(1) + b, b = -2
Solution: y = 3x - 2
