My school allows a calculator
Answer:-6
Step-by-step explanation:
Answer:
About 3.7 times or 4 times.
Step-by-step explanation:
6.14 x 10 - 3 = 61.4-3
61.4 - 3 = 58.4
1.98 x 10 - 4 = 19.8 - 4
19.8 - 4 = 15.8
58.4 ÷ 15.8 = 3.696202531645569620253164556962 ≈ 3.7 times
The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
D
Step-by-step explanation:
Probability is calculated by divided the amount of something you have by the total amount. In this case, 5 red cubes by 10 total cubes to get .5. This falls into evens in your probability scale.
