<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
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- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
Read more at; brainly.com/question/9187598
Answer:
Step-by-step explanation:
You must calculate the length of the segments.
Suppose segments AB and CD
Being A (m, n), B (p, q) C(r,s) and D(t,u)
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They are congruent if:
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Answer:
176.625 sq.ft, 4.8 sq.ft
Step-by-step explanation:
Area of circle=πr^2 or πd^2/4
11. Given,
d=15 ft
Now,
Area=πd^2/4
3.14*15^2/4
176.625 ft^2
Therefore, the area approximation is 176.6 sq.ft
12.
Given,
d=3.5 ft
Now,
Area= πd^2/8
3.14*3.5^2/8
4.8 sq.ft
I got the answer by dividing the area of circle by 2 as semicircle is half of circle.
