The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
man that's hard I'm still in class 6
Answer:
d
Step-by-step explanation:
The rule (x, y ) → (x + 4, y - 6 )
means add 4 to the original x- coordinate and subtract 6 from the original y- coordinate, thus
P(- 8, 3 ) → P'(- 8 + 4, 3 - 6 ) → P'(- 4, - 3 )
Q(- 8, 6 ) → Q'(- 8 + 4, 6 - 6 ) → Q'(- 4, 0 )
R(- 3, 6 ) → R'(- 3 + 4, 6 - 6 ) → R'(1, 0 )
Answer:
it 15,000
Step-by-step explanation:
I hope it work
Step-by-step explanation:
38.43 - 1.29x
Variable x represents the number of songs purchased
Not sure why this question didn't save the answer I just wrote (I'm new to the app)