Her IRA interest at the end of 30 years is mathematically given as
Interest= 438,765.56
<h3> IRA interest </h3>
Question Parameters:
- N = 30
- PV = 0
- rate = 5%
- FV = 800,000
Generally the equation for the payment function on excel is mathematically given as
A=PMT(rate, nper, pv, [fv], [type])
Therefore, inputting our functions
A=PMT(rate, nper, pv, [fv], [type])
where
A=PMT(5%, 30, 0, [800000], [])
A = 12,041.1481
Hence
interest = 800,000 - 30*12,041.1481
Interest= 438,765.56
For more information on Growth rate
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First, you want to divide 420 by 180. Then, divide 54 by 180. Lastly, you want to multiply the answers of the two together.
-
420/180= 2.3
54/180= 0.3
2.3 * 0.3 = 0.69
*You just take it step by step. Hope I helped. :)
Stack them on top of each other and find the common denominator then multiply to total the denominator. Ex. 1/4 denominator is 8. 4x2 is 8. So 1 times what equals 8. 1! Then you should a new fraction 8/8 which is equivalent to 1.
Employers can use your credit report for the purpose of getting information. Then the correct option is B.
<h3>What is decision-making?</h3>
The process of making choice is by identifying the correct decision, gathering information, and assessing alternative solutions.
Employers can access your credit score or report. However, depending on the state you live in, it may be able to pull a credit score, or at least a modified version. The pulled score by your employer likely will not include your number or date of birth, but it does not pose a security risk for you.
a. Friends - They can not use your credit report.
b. Employers - They can use your credit report.
c. Neighbors - They can not use your credit report.
d. Teachers - They can not use your credit report.
More about the decision-making link is given below.
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"return on investment" is the best measure of the efficiency of an investment, but it should be noted that there are other indicators of how well an investment is doing.