Answer:
$172,806.37.
Step-by-step explanation:
Total = [ P(1+r/n)^(nt) ] + [ PMT × (((1 + r/n)^(nt) - 1) / (r/n)) ] * (1 + r/n)
is the formula for the amount left after the first 7 years where the money is deposited at the beginning of each month and P = initial amount, PMT = monthly payment, r = rate as a decimal and t = time in years.
Total after the first 7 years
= [ 200(1+0.09/12)^(7*12) ] + [ 200 × (((1 + 009/12)^(7*12) - 1) / (0/09/12) ] * (1 + 0.09/12)
= 374.64 + (200 * 0.8732019633) / (0.09/12) * (1 + 0.09/12)
= 374.64 + 23485.386 * 1.0075
= $24.036.17
Total after a further 22 years:-
= 24.036.17(1 + 0.09/12)^(12*22)
= $172,806.37 (answer).
Answer:
x < -16/3 or x > 4
Step-by-step explanation:
This is split into two inequalities: 3x + 2 > 14 and -(3x + 2) > 14.
3x + 2 > 14
3x > 12
x > 4
-(3x + 2) > 14
3x + 2 < -14
3x < -16
x < -16/3
Answer:
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Step-by-step explanation:
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Answer: about 16 people would get to 100 and 30,000 would make it to 99
Step-by-step explanation:
the avarage life span is up to 70 years. About 1 in 6,000 reach 100.
Answer: 14.5
Step-by-step explanation: