The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
50
Step-by-step explanation:
The slope is change in y divided by the change in x
Change in distance / change in hour
m = (400-200)/(8-4)
= 200/4
= 50
Answer:
There are now 6.5 ounces in the new bag.
Step-by-step explanation:
To solve this question, take 30% of 5 and add it to the original amount of 5
30% = 0.30
5 * 0.30 = 1.5
5 + 1.5 = 6.5 ounces of candy.
Hope this helps!
Answer:
(n/3)/4 =20
Step-by-step explanation:
i think this is what your looking for if not im sorry
have a blessed day :)
Answer:
ill say the 8 pack
Step-by-step explanation:
