The number of years it will take to earn his first million is 24 years
Average bi-weekly gross pay = $1,630
Bi-weekly = 2 weeks
Number of 2 weeks(bi-weeks) in a year = 26 bi-weeks
The least million he can earn is $1,000,000
Let the number of years = n
We could use the equation :
Least million = gross pay × (Number of bi-weeks × number of years)
1000000 = 1630 × (26n)
1000000 = 42380
Divide both sides by 34230
1000000 / 42380 = n
n = 23.59
The least number of years is 24.
Learn more : brainly.com/question/18796573
The United States pushed for control of Oregon county to increase American settlement in the Pacific Northwest.
<h3>Point Y is the midpoint of segment XZ. Then value of x is 20</h3>
<em><u>Solution:</u></em>
Given that,
<em><u>Point Y is the midpoint of segment XZ</u></em>
XY = 2(3x +1)
YZ = 5x + 22
To find: Value of x
Since, Point Y is the midpoint of segment XZ,
Therefore,
XY = YZ
2(3x + 1) = 5x + 22
6x + 2 = 5x + 22
6x - 5x = 22 - 2
<h3>x = 20</h3>
Thus, value of x is 20
Answer:
9.3%
Step-by-step explanation:
Given data
Principal=$11200
Futute value= $14345
Time= 3years
The simple interest expression is given as
A=P(1+rt)
substitute
14345=11200 (1+r*3)
14345=11200+r33600
14345-11200=r33600
3145=r33600
r= 3145/33600
r=0.093
Hence the rate is 9.3%
