<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
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- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
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Answer:
it is A and D :D
Step-by-step explanation:
The function of the length z in meters of the side parallel to the wall is A(z) = z/2(210 - z)
<h3>How to write a function of the length z in meters of the side parallel to the wall?</h3>
The given parameters are:
Perimeter = 210 meters
Let the length parallel to the wall be represented as z and the width be x
So, the perimeter of the fence is
P = 2x + z
This gives
210 = 2x + z
Make x the subject
x = 1/2(210 - z)
The area of the wall is calculated as
A = xz
So, we have
A = 1/2(210 - z) * z
This gives
A = z/2(210 - z)
Rewrite as
A(z) = z/2(210 - z)
Hence, the function of the length z in meters of the side parallel to the wall is A(z) = z/2(210 - z)
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Well we would need to see some type of graph in order to help you find the slope.