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2 years ago

7

Your goal is to have $200,000 in a 401K that is compounded continuously in order to retire. If you invest $9,500 for fifty years

at a rate of 7%, will you reach your goal?

1 answer:

ExtremeBDS [4]2 years ago

5 0

Answer:

Yes

Step-by-step explanation:

You will get $279,841.74 in that 50 years.

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Answer:

We cannot solve without a value for x. The simplified form is $3x+\frac{36,389}{12} =y$

Step-by-step explanation:

If the equation is $3x+54+(65)(32)+902-\frac{43}{12}=y$ then we cannot solve it until we know the value of x. We can simplify it using order of operations such as PEMDAS.

$3x+54+(65)(32)+902-\frac{43}{12}=y \\3x+54+2,080+902-\frac{43}{12}=y \\3x+3,036-\frac{43}{12}=y \\3x+\frac{36,432}{12} -\frac{43}{12} =y\\3x+\frac{36,389}{12} =y$

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Answer:

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