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Andru [333]
2 years ago
12

Francine currently has $45,000 in her 401k account at work, and plans to contribute $8,000 each year for the next 15 years. How

much will she have in the account in 15 years, if the account averages a 4% annual return?
I'm suppose to use a savings annuity formula. Any help would be appreciated!
Mathematics
1 answer:
earnstyle [38]2 years ago
8 0

Answer:

Here is the formula:

Step-by-step explanation:

FV= future value of the annuity · PMT= amount of the periodic payment · r= annual interest rate written in decimal form · m=number of compounding

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An airline charges an extra fee if a suitcase weighs more than 50 pounds. After packing, Li's suitcase weighs 47.75 pounds. Whic
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Answer:

47.75 + x Less-than-or-equal-to 50

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Solving the above Question:

Not going over the 50 pound case mean, less than or equal to 50 pounds

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11. A customer purchases a stroller and packs of diapers from a store. The table shows the total
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Answer:

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From what we have in the options, we can see a linear relationship;

Since it is a linear relationship, it can be modeled using the equation;

y = mx + b

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The slope will be;

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So we have the equation partially as;

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