The formula of the future value of an annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT 2400
R 0.08
T 32 years
Fv=2,400×((1+0.08)^(32)−1)÷(0.08)
Fv=322,112.49
Now deducte 28% the tax bracket from the amount we found
annual tax 2,400×0.28
=672 and tax over 32 years is 672×32
=21,504. So the effective value of Ashton's Roth IRA at retirement is 322,112.49−21,504=300,608.49
Answer:
4
Step-by-step explanation:
3r = 10 + 5s
r = 10
3(10) = 10 + 5s
30 = 10 + 5r
20 = 5r
r = 4
Answer:
It takes 70 minutes for 9 team members (painting 60 sq ft per minute) to paint a 4200 sq ft wall.
Step-by-step explanation:
According to the situation the calculation is shown below:-
= 
= 240 sq ft each member of the team in 36 minutes
= 
= 6.67 sq ft each member of the team within 1 minute

= 60 sq ft for every 9 team members in one minute
= 
= 70 minutes (or 1 hour and 10 minutes)
Hence, the 70 minutes is taken for 9 team members
Assuming that Jeremy spent the entire $100 on the party supplies, here's the breakdown:
$100 - $30 = $70 remaining.
$70 - $10 = $60 remaining.
If he spent $60 on ten hats, and each hat was the same price, then each hat would have cost:

The equation is as follows:

Each hat was $6