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2 years ago

Suppose Amanda wants to have $800,000 in her IRA at the end of 30 years. She chooses to invest in an annuity that pays

Mathematics

1 answer:

VARVARA [1.3K]2 years ago

6 0

Her IRA interest at the end of 30 years is mathematically given as

Interest= 438,765.56

<h3> IRA interest </h3>

Question Parameters:

N = 30
PV = 0
rate = 5%
FV = 800,000

Generally the equation for the payment function on excel is mathematically given as

A=PMT(rate, nper, pv, [fv], [type])

Therefore, inputting our functions

A=PMT(rate, nper, pv, [fv], [type])

where

A=PMT(5%, 30, 0, [800000], [])

A = 12,041.1481

Hence

interest = 800,000 - 30*12,041.1481

Interest= 438,765.56

For more information on Growth rate

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Answer:

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First tangent line:

$y=f'(x_1)\cdot (x-x_1)+f(x_1)\ \to \ y=-1(x-2)+3\ \to \ y=-x+5$

Second tangent line:

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Notice: slope of -1 means that both $f'(x_1), \ f'(x_2)$ are equal to -1, so $f'(x_1)=-1 \ and \ f'(x_2)=-1$

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2 years ago

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The probability of selecting a pink piece of construction paper is 23/60 . The chance of selecting a pink piece of construction

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3 years ago

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Answer:

8-inch pattern is fully printed 28 times.

12-inch pattern is fully printed 19 times.

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1. 19 feet is 228 inches.

2. 8-inch pattern is fully printed 28 times.

3. 12-inch pattern is fully printed 19 times.

4. 8-inch patterns starts at`0,8,16,24,32,40,48...

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3 years ago

Order of operations is a set of rules that allow mathematicians to get the same value from a given expression.

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Answer:

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3 years ago

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To find the answer,we can set an equation:

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