The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
Answer:
7:12
Step-by-step explanation:
boys=5
girls=7
total=boys+girls
12=5+7
girls:total
7:12
50 m/s is going to be 180 km/h or 3 km/s.
50 / 1000 = 0.05
0.05 x 60 = 3 kilometers a minute.
3 x 60 = 180 kilometers an hour.
50 m/s divided by 1 kilometer = 0.05 kilometers a second. You then multiply it by 60 to get it in minutes, and then 60 again to get it in hours. because their are 3600 seconds in an hour. So you could divide 50 meters per second by 1000 meters or 1 kilometer and then multiply it by 3600 seconds to get 180 kilometers an hour.
<span>he range if -5 ≤ y ≤ 5.
The period is 2π/(π/2) = 4.
The graph passes through (0, 0), has a maximum at (1, 5), crosses the x-axis at (2, 0), then has a minimum at (3. -5), and crosses the x-axis again at (4, 0). </span><span>
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