Answer:
$152,419.36
Step-by-step explanation:
The future value of an ordinary annuity is given by the formula ...
FV = P((1 +r/12)^(12t) -1)/(r/12)
where P is the monthly payment, r is the annual interest rate, and t is the number of years.
<h3>Annuity value</h3>
For P = 350, r = 0.021, and t = 27 (years to retirement age), the value is ...
FV = 350((1 +0.021/12)^324 -1)/(0.021/12) ≈ $152,419.36
The value of Jolene's retirement account when she turns 60 will be $152,419.36.
I am pritty shure i dont know
Well try working on the problem first
Answer:
Domain (0, ∞) and Range (-∞, ∞).
Step-by-step explanation:
The domain of f(x) = 0.5^x is all values of x and the range is f(x)>0 as 0.5^x cannot be negative or zero.
In interval form this is Domain is (-∞, ∞) and Range is (0, ∞).
So its inverse has Domain (0, ∞) and Range (-∞, ∞).