Answer:
The computation of the given question is shown below:-
Total Contributions = Monthly contribution + Amount invested in Ferdinand’s 401(k)
= $250 + $125
= $375
1. Future Value = PMT [((1 + r)n - 1) ÷ r
Future value = 375 × ((1 + 0.03 ÷ 12) × 12 × 40 - 1) ÷ (0.03 ÷ 12)
= $347,272
2. Ferdinand deposit = Given Amount × Total number of months in a year × Number of years
= $250 × 12 Months × 40 Years
= $120,000
3. The Amount put in by the employer = 50% of $250 ×Total number of months in a year × Number of years
= $125 × 12 Months × 40 Years
= $60,000
4. Interest = Future value - Ferdinand deposit - The Amount put in by the employer
= $347,272 - $120,000 - $60,000
= $167,272
Step-by-step explanation:
Answer:
Height= 4.5 Volume= 91.125
Step-by-step explanation:
Answer: 0.27
Step-by-step explanation:
Move the decimal two places to the left
sin = opposite/hypotenuse
sin 40° = 12/x
Cross multiply.
0.64278760968x = 12
Divide both sides by sin 40°.
x = 18.7 (rounded to nearest tenth).
Answer:
is it asking for linear functions
