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))
The drawing is missing, so i have attached it.
Answer:
24 yards
Step-by-step explanation:
From the image, we can see that AB and DE are both adjacent sides of their respective triangles.
While, CE and BC are both opposite sides of their respective triangles
Now, from your side, x is the distance to the island.
So, from ratio of similar triangles, we can find x.
Thus;
8/x = 3/9
Cross multiply to get;
8 × 9 = 3x
3x = 72
x = 72/3
x = 24
Thus, distance from your side to the island is 24 yards
According to the normal distribution curve:
<span>"the percent of women whose heights are between 64 and 69.5 inches"</span> represents the values within 2 standard deviation ,,,
And that value is 95% of the whole data
Answer:
The best estimate is 32 out of 32 times, she will be early to class
Step-by-step explanation:
The probability of being early is 99% = 99/100 = 0.99
So out of 32 classes, the best estimate for the number of times she will be early to class will be;
0.99 * 32 = 31.68
To the nearest integer = 32