Answer:
2
Step-by-step explanation:
The total balance in Raul's account after 40 years when he retires is $65,714.90.
<h3>What is the total balance?</h3>
The formula that can be used to determine the balance of the accout is: monthly amount saved x annuity factor.
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 1.5/12
- n = number of periods = 12 x 40 = 480
$100 x [(1.00125^480) - 1 ] / 0.00125 = $65,714.90
Here is the complete question:
Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.5% interest per year. What is the balance in the account after 40 years?
To learn more about annuites, please check: brainly.com/question/24108530
Answer:
7422
I dont think this needs an explaination...
Distribute 2(3d+7)=5+6d
Multiply 2 and 3d to get 6d
Multiply 2 and 7 to get 14
6d+14=5+6d
Now subtract 5 from both sides
6d+9=6d
Subtract 6 form both sides
9=0
Your variable has dropped out.
The Volume of the Swimming pool is : 1161 cubic feet
The water in the 1 cubic yard = 202 gallons
Let us first change 1 cubic yard into 1 cubic feet
We know 1 yard = 3 foot
1 cubic yard = 3*3*3 cubic feet
1 cubic yard = 9 cubic feet .
Water in the 9 cubic feet = 202 gallons
water in the 1 cubic feet = 202/9 = 22.44 gallons
Let us suppose there is x gallon water in the swimming pool
so volume of the swimming pool in cubic feet * volume of the water in 1 cubic feet = x gallon
1161 * 22.44 = x
26058 gallons = x
Answer : 26058 gallons of water is required to fill the swimming pool .