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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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12x - 24 + 3x = 1/3x + 4 + 10x plz no link or spam (i will report you)
Sphinxa [80]

Answer:

x=6

15x - 24 = 1/3x + 4 + 10x

=

45x - 72 = x + 12 + 30x

=

45x - 72 = 31x + 12

=

45x - 31x = 12 + 72

=

14x = 84

=

x = 6

3 0
2 years ago
Ralph pays his workers $100 each, and labor is the only variable cost. At a quantity of 2000 chickens, how many workers does he
pshichka [43]

Ralph hires 8 workers

What is variable cost ?

Variable costs are expenses that alter as the volume of a good or service a company produces fluctuates. Marginal costs multiplied by the number of units produced make up variable costs. They can be regarded as typical expenses as well. Total cost is divided into two parts: fixed costs and variable costs.

Workers paid = $100

Assuming $1600 is given as a Total cost for the 2000 quantity for chicken and Fixed cost is $800

Total cost = $1600 out of which $800 is the fixed cost

Variable cost =  Total cost - Fixed cost

                      = 1600 - 800

                      = 800

Numbers of workers hired = Variable cost / Workers pay

Numbers of workers hired = 800 / 100

Numbers of workers hired = 8

Therefore, the number of workers that Ralph hires is 8 workers

To learn more about variable cost from the given link  

brainly.com/question/14313017

#SPJ4

6 0
1 year ago
What is 36÷2/3×9×1/2
krok68 [10]

Answer:

1/3

Step-by-step explanation:

Simplify the following:

((36/2)/(3×9))/2

((36/2)/(3×9))/2 = 36/(3×9×2×2):

36/(3×9×2×2)

36/9 = (9×4)/9 = 4:

4/(3×2×2)

4/2 = (2×2)/2 = 2:

2/(3×2)

2/(3×2) = 2/2×1/3 = 1/3:

Answer: 1/3

6 0
3 years ago
Read 2 more answers
How do i find out a
drek231 [11]

Answer:

it must be

\frac{c}{8\pi \: b}

7 0
3 years ago
What is the solution for x in the equation?<br> -2x+14+10x=34
NemiM [27]

Answer: The solution of x is 2.5

Step-by-step explanation: hope it helps:)

5 0
2 years ago
Read 2 more answers
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