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Ainat [17]
2 years ago
14

You want to save for retirement. assuming you are now 25 years old and you want to retire at age 50, you have 25 years to watch

your investment grow. you decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. you decide to invest $1,000 today. required: how much do you expect to have in 25 years?
Mathematics
1 answer:
mr_godi [17]2 years ago
8 0

Answer:

4250

Step-by-step explanation:

0.13 = 13%

1000×0.13=130
130×25= 3250 + 1000 = 4250

What I did:

You have to turn the percent to a decimal first

Then multiply the decimal by the first investment amount (1000)

then multiply that by the years that you have before retirement
You add that amount plus the 1000 you have started with

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ahrayia [7]

The ratio can be determined as,

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Thus, the requried ratio is 7:12.

3 0
1 year ago
A box contains 15 resistors. twelve of them are labelled 50ω and the other three are labeled 100ω. what is the probability that
Igoryamba

Answer : P(second resistor is 100ω , given that the first resistor is 50ω) is given by

\frac{1}{5}

Explanation :

Since we have given that

Total number of resistors =15

Number of resistors labelled with 50ω = 12

Number of resistors labelled with 100ω =3

Let A: Event getting resistor with 50ω

B: Event getting resistor with 100ω

Since A and B are independent events .

So,

P(A\cap B)=P(A).P(B)

Now, According to question , we can get that

P(A)= \frac{12}{15}=\frac{4}{5}\\\\P(B)=\frac{3}{15}=\frac{1}{5}

So,

P(A\cap B)=P(A).P(B)\\\\P(A\cap B)=\frac{4}{5}\times \frac{1}{5}\\\\P(A\cap B)=\frac{4}{25}

So, by using the conditional probability , which state that

P(B\mid A)=\frac{P(A\cap B)}{P(A)}

P(B\mid A)=\frac{\frac{4}{25}}{\frac{4}{5}}\\\\P(B\mid A)=\frac{5}{25}\\\\P(B\mid A)=\frac{1}{5}

So, P(second resistor is 100ω , given that the first resistor is 50ω) is given by

\frac{1}{5}


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3 years ago
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Step-by-step explanation:

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3 years ago
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Answer:

Choice 2) x = 11

Step-by-step explanation:

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8(14) = 7(x + 5)

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