Y=6.21
You just subtract 1.05 from each side and then you get your answer
Answer:
Step-by-step explanation:
· To provide some context, for an employee who earns $4,000 in each bi-weekly pay period in September through December, approximately $2,200 of Social Security taxes would be deferred. This same amount, of course, will need to be repaid beginning in 2021 and the employee’s paycheck would be reduced accordingly.
Answer:
Step-by-step explanation:
This is an Annuity question. It is asking for recurring monthly payment(PMT). <em>You can use a financial calculator to solve it. I am using (Texas Instruments BA II plus)</em>
Since the payments occur monthly , adjust the interest rate to monthly rate and multiply 40 years by 12 since we have 12 months in a year<em>.</em>
Total duration of investment ; N = 40*12 = 480
Interest rate; I/Y = 5.75% /12 = 0.4792%
Future value; FV = 6,000,000
Present value ; PV = 0
then CPT PMT = 3,222.912
Therefore $3,222.91 should be deposited each month to achieve the goal.
H^2+g^2=6^2
basically square each thing, and add h and g together
Answer:
in total? if so it is 3b +1 books
Step-by-step explanation:
