Let the total amount that Sarah deposited be $x
using the annuity formula:
A=P[((1+r)^n-1)/r]
A=future value
r=rate
n=number of years
from the information given:
A=$500000
r=2.75%
n=65-42=23 years
p=$x
thus plugging our values in the formula we get:
500000=x[((1+0.0275)^(23)-1)/(0.0275)]
500000=31.50x
x=15,872.04883
She deposited 15,873.04883 per year
The monthly deposit will therefore be:
15873.04883/12=$1322.67
Answer:
25%
Step-by-step explanation:
Discount = 1600 - 1200 = 400
Percentage discount
“Line graphs are useful in that they show data variables and trends very clearly and can help to make predictions about the results of data not yet recorded. They can also be used to display several dependent variables against one independent variable.”
“With a line graph, it is fairly easy to make predictions because line graphs show changes over a period of time. You can look at past performance in a line graph and make a prediction about future performance.”
Answer:
2/3
Step-by-step explanation:
1. add all the beads up together:
20+10+30= 60
2. add the blue and yellow beads up:
10+30= 40
3. put 40 over 60
40/60 which equals 2/3
4. the final answer:
2/3
Answer:
327
Step-by-step explanation:
