Judith has just become eligible to participate in her company’s retirement plan. Her company does not match contributions, but the plan does average an annual return of 12%. Judith is 40 and plans to work to age 65. If she contributes $200 per month, how much will she have in her retirement plan at retirement?

Answers

Answer 1

Answer:

She will have $375,769.33 in her retirement plan at the time of retirement.

Explanation:

The future value of an annuity is the value of a group of recurring payments at a certain date in the future, assuming a particular rate of return or discount rate.The higher the discount rate, the greater the annuity's future value.

According to the question,

Periodic Payments(P) = $200

Rate of Return(r) = 12%(annual)

                           [tex]=\frac{12}{12}%[/tex]  

                           = 1% monthly

                           = 0.01

Number of payments(n) = 65 - 40

                                        = 25(annual)

                                        = 25 × 12 monthly

                                        = 300 monthly

Future value =?

The formula for calculating future value is:

Future Value = [tex]P[\frac{(1+i)^{n}-1 }{i}][/tex]

                      = [tex]200[\frac{(1+0.01)^{300}-1 }{0.01}][/tex]

                      = [tex]200[\frac{19.7884663-1}{0.01}][/tex]

                      = 200[1878.84663]

                      = 375,769.326

                      = 375,769.33

Final Answer:

Therefore, the future value of her retirement when she retires is

$ 375,769.33 .

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Related Questions

HELP!!!!!!!!
Find the measurement indicated in each parallelogram.

Answers

The measurement of angle ∠D in parallelogram CDEF would be 89° and

the measurement of angle ∠D in parallelogram ABCD would be 57°.

What is Parallelogram?

A parallelogram is defined as a special type of quadrilateral that has both pairs of opposite sides parallel and equal.

In parallelogram CDEF,

∠C = ∠D

87 = 93 + 2x

2x = 87 - 93

2x = -6

x = -3

So the measurement of ∠D = 93 + 2(-2) = 89

In parallelogram ABCD,

∠A =∠C

57 = 3x + 21

3x = 57 - 21

3x = 36

x = 12

So the measurement of ∠C = 3(12) + 21 = 57

Hence, the measurement of angle ∠D in parallelogram CDEF would be 89° and the measurement of angle ∠D in parallelogram ABCD would be 57°.

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The maximum weight an apartment elevator can hold is 1510 pounds Bill weighs 190 pounds and he needs to carry boxes that weigh 40 pounds each Use the equation 40b 1901510 to find the greatest number of boxes Bill can carry in the elevator in one trip

Answers

Answer: 33 Boxes

Step-by-step explanation:

Original Equation: 40b + 190 = 1510

40b = 1320     subtract 190 from both sides

b = 33             divide both sides by 40

Need help asap. Please interact no bots!!!!

Answers

The statement postulate that can be used to determine BC is AC = AB + BC and the value of BC is 3 units

Part A: The statement postulate that can be used to determine BC

From the question, we understand that:

The point B is between the points A and C

Such that

AC = 10

AB = 7

By the straight lie postulate, we have

AC = AB + BC

Hence, the statement postulate that can be used to determine BC is AC = AB + BC

Part B: What is the value of BC?

Recall that

AC = AB + BC

So, we have

10 = 7 + BC

Subtract 7 from both sides

BC = 3

Hence, the value of BC is 3 units

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Abby has just started training for a marathon. She ran 15 miles in total during her first week of training. She wants to add an additional 2 miles to her weekly total during each subsequent week. Write an explicit rule for the arithmetic sequence that represents this situation and use it to find how many miles Abby will run during her twelfth week of training.
explanation please

Answers

The explicit rule for the arithmetic sequence that represents the number of miles that Abby will run in week n is:

[tex]a_n = 15 + 2n[/tex]

Using this rule, it is found that she will run 39 miles during her 12th week of training.

What is an arithmetic sequence?

In an arithmetic sequence, the difference between consecutive terms is always the same, called common difference d.

The nth term of an arithmetic sequence is given by:

[tex]a_n = a_1 + (n - 1)d[/tex]

In which [tex]a_1[/tex] is the first term.

On the first week, she runs 15 miles, and for each subsequent week this amount increases by 2 miles, hence the first term and the common difference are given as follows:

[tex]a_1 = 15, d = 2[/tex]

The explicit rule for the arithmetic sequence that represents the number of miles that Abby will run in week n is:

[tex]a_n = 15 + 2n[/tex]

During the 12th week, the number of miles that she will run is found as follows:

[tex]a_{12} = 15 + 2(12) = 39[/tex]

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If you roll a 6 sided die three times, how many possible outcomes are there?

Answers

Answer:

There are 6 possible outcomes per roll and three 3 rolls = 6 x 6 x 6 = 216 possible outcomes, assume by outcome one counts each possible sequence separately. If you only count the sum of three rolls, then the possible outcomes are the integers from 3 to 18 inclusive, or 16 possible outcomes. Obviously you mean the former.

Answer:

216 outcomes.

Step-by-step explanation:

When you roll one 6 sided die you have a 1/6 chance,

when you roll two 6 sided dies you have a 1/36 chance,

when you roll three 6 sided dies you have 1/216 chance,

6x6x6

1       1        1

_      _       _

6     36    216

Use the maximum and minimum data entries and the number of classes to find the class width, the lower class limits, and the upper class limits.

min = 1, max = 30, 6 classes

Answers

Yea but I’m not 7766

How many gallons of a 80​% antifreeze solution must be mixed with 70 gallons of ​25% antifreeze to get a mixture that is ​70% ​antifreeze?

Answers

The gallons of a 80​% antifreeze solution must be mixed with 70 gallons of ​25% antifreeze to get a mixture that is ​70% ​antifreeze is  x=315

Use a weighted average........ let x = an unknown number of gallons of the 80​% solution.

then     {x(80​%) + 70 (25%)}/{x +70} =70% ​

{x*[tex]\frac{80}{100}[/tex] + 70*[tex]\frac{25}{100}[/tex]}/{x +70} =70% ​

{[tex]\frac{4x}{5}[/tex] +17.50}/{x +70} =70% ​

[tex]\frac{4x+87.5}{5x+350}[/tex] = [tex]\frac{70}{100}[/tex]

40x+875 = 35x + 2450

40x-35x = 2450-875

5x = 1575

x=315

Keep in mind that the substance with the highest concentration is the solvent.

There are numerous varieties of solutions. A solute, for instance, could be a gas, a liquid, or a solid. Additionally, solvents can be solids, liquids, or gases.

The behavior of several types of solutions at the microscopic level is depicted in the following illustrations. You'll see that the solute particles are evenly spaced out among the solvent particles in each instance.

A solution is a homogeneous mixture of one or more solutes dissolved in a solvent. solvent: the substance during which a solute dissolves to produce a homogeneous mixture. solute: the substance that dissolves during a  solvent to produce a homogeneous mixture. The solute is the substance that is being dissolved, while the solvent is the dissolving medium. Solutions are often formed with many different types and forms of solutes and solvents.

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Find the maximum of Q = xy if x + y = 52.

Answers

Answer:Q = 26(52-26) = 26*26 = 676

Step-by-step explanation:

Solve. X* - 14x2 + 49 =0

Answers

Answer:

× = -4

or

× = 8

Step-by-step explanation:

because the gravity of the Earth

4 (-1/3) =
And
(-2/3) (-1/2) (-3/5) =

Answers

tbh i don’t even know but good luck

Answer:

EX1: 4×(-1/3)=-4/3

EX2: (-2/3)(-1/2)(-3/5)= -1/5

6. For every ten sheets of stickers you buy at a craft store, the total cost increases $20.50. An equation that relates the number of sheets purchased, x, and the total cost, y, of the stickers is y = kx. Use the equation you wrote to complete the table.​

Answers

(y = 2.05x) is the equation that relates the change in price per sticker purchased.

What is equation of exchange?

The equation of exchange is an economic identity that shows the relationship between money supply, the velocity of money, the price level, and an index of expenditures. English classical economist John Stuart Mill derived the equation of exchange, based on earlier ideas of David Hume. It says that the total amount of money that changes hands in the economy will always equal the total money value of the goods and services that change hands in the economy.

Given that: For every ten sheets you buy the total cost increases $20.50.

• The number of stickers purchased = 10

• Price change = $20.50

The change in price per sticker purchased can be expressed as:

• Price change / number of stickers

• Change in price per sticker = $20.50 / 10

• Change in price per sticker purchased = 2.05

Therefore, the required equation which related y and x is: y = 2.05x

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:

Which statement best describes a graph of paired points that form a proportional relationship?
OA straight line cannot be drawn through all the points, but the line passes through the point (0, 0).
OA straight line can be drawn through all the points, and the line passes through the point (0, 3).
OA straight line can be drawn through all the points, and the line passes through the point (0, 0).
OA straight line can be drawn through all the points, and the line passes through the point (3, 0).
1 2

Answers

Honestly I don’t know what the answer is but I do know that numbers and stuff are hard so like graphs are good so it’s (0,4) would be the right answer

an invasive weed species triples its numbers in 6 days. a feild started with 12 weeds in the early spring. put the equation needed.

Answers

Answer :Its 0

Step-by-step explanation:

what is 9/32 minus 1/16?

Answers

Answer: [tex]\frac{7}{32}[/tex]

Step-by-step explanation:

You want your numbers to have a common denominator which you can get by doubling both sides of the second number ([tex]\frac{1}{16} = \frac{2}{32}[/tex]).

[tex]\frac{9}{32} - \frac{2}{32} \\= \frac{7}{32}[/tex]

7/32
32 is the common denominator, 16x2=32
You can find the fraction 2/32 to subtract with the same denominator
9-2=7
So, 7/ the common denominator
7/32

Given Points D(-1,2) and T (-4,-4) Determine the length of segment DT. Round your answer to the nearest hundredth Hint: ( 2 decimal places )

Answers

Step-by-step explanation:

The formula for finding the length between two points is as follows:

[tex]D=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

All we have to do is plug in our values and solve:
[tex]D=\sqrt{(-4-(-1))^2+(-4-2)^2}\\D=\sqrt{(-3)^2+(-6)^2}\\D=\sqrt{9+36}\\D=\sqrt{45}\\ D=6.71[/tex]

Triangle QRS, with vertices Q(6,2), R(7.7), and S(2,6) what is the area​

Answers

The value of the area of the triangle is a 12.

According to the statement

We have to find that the area of the triangle.

So, For this purpose, we know that the

A triangle is a polygon with three edges and three vertices. It is one of the basic shapes in geometry.

From the given information:

Triangle QRS, with vertices Q(6,2), R(7.7), and S(2,6)

Then we know that the

The coordinate geometry formula for area = the absolute value of Qx(Ry - Sy) + Rx(Sy - Qy) + Sx(Qy - Ry) divided by 2.

Then substitute the values:

Area = the absolute value of Qx(Ry - Sy) + Rx(Sy - Qy) + Sx(Qy - Ry) divided by 2.

Area = the absolute value of 6(7- 6) + 7(6- 2) + 2(2- 7) / 2.

Area =  6(7- 6) + 7(6- 2) + 2(2- 7) / 2.

Area =  6(1) + 7(4) + 2(-5) / 2.

Area =  6 +28 -10 / 2.

Area =  24 / 2.

Area =  12.

So, The value of the area of the triangle is a 12.

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the product of 5 less than x and 7

Answers

The product of 5 less than x and 7 is 2(x - 5)

How to represent an expression?

The product of 5 less than x and 7 can be represented as follows:

The expression can be represented mathematically as follows;

5 less than x is as follows:

x - 5

5 less than 7 is as follows:

7 - 5

Therefore, the product of 5 less than x and 7 is expressed below:

(x - 5)(7 - 5)

(x - 5)(2)

Finally,

2(x - 5)

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27. Jaimie ran 3 miles on Monday. She ran half
as far on Tuesday as she did on Monday. How
far did Jaimie run in all on Monday and
Tuesday?

Answers

Answer:

4.5 miles

Step-by-step explanation:

We don't really need an equation for this, as we know what one half of three is - it is 1.5.  So we just add 3 and 1.5 to get the sum.

Solve the equation 8t+30 - 2t - 16 = -22 for t.
Ot=-6
Ot= -4/
Ot=-7.5
Ot=15
Ot=6.6

Answers

Answer: -6

Step-by-step explanation:

8t+30-2t-16=-22

8t-2t+30-16=-22

6t+30-16=-22

6t+14=-22

6t=-22-14

6t=-36

t=-6

Squares of side A are cut from each corner of a 8 in x 6 in rectangle so that its sides can be folded to make a box with no top.Represent a function in of a that can define the volume of the box.

Answers

A rectangle measuring 8 inches by 6 inches needs squares of side. A function in an in which the box's volume is 4a³-28a²+48a.

Given that,

A square measuring 8 inches by 6 inches needs squares of side. A cut out of each corner so that the sides can be folded into a box without a top.

How much area a box can occupy is determined by its volume. You need to know a box's length, width, and height in order to compute its volume. By multiplying the base area by the box's height, one can get the volume of a box.

The measurement of how much space an object may occupy is called volume, which is also known as capacity. Both regular and irregular objects may be present. Cubes, blocks, cylinders, pyramids, cones, and spheres are examples of common objects.

A:  area of the base

L: Length of the base

W: Width of the base

V(a)= (8-2a) (6-2a) (a)

V(a)= (48-16a-12a+4a²) (a)

V(a)= (48-28a+4a²) (a)

V(a)= 48a-28a²+4a³

V(a)=4a³-28a²+48a

Therefore, a function in an in which the box's volume is 4a³-28a²+48a.

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Convert the following to the equivalent fraction form:
1) 0.222222222….
2) 0.9999999999……
3) 2.333333333333…..
4) 5.888888888…….
5) 0.2525252525……
6) 0.36363636363636…..
7) 1.2222222222……
8) 3.3939393939……
9) 0.122222222….
10) 0.366666666666666……
11) 2.18888888888……
12) 1.599999999999……

Answers

Answer:

Step-by-step explanation:

THis is a long anwser

1. 2/100

2.9/100

3.23/100

4.58/100

5.25/100

6..36/100

7.12/100

8.33/100

9.1/10

10.3/10

11.21/100

12..15/100

Find the volume of this sphere.
Use 3 for TT.
V =
8 cm
πr³
V =
π[?]³
Hint: Plug in the value of the
radius for r. The diameter is 8.
The radius is half this value.
Enter
4 is the radius

Answers

Answer:

16

Step-by-step explanation:

Which formula gives the zeros of y = sin(x)?

Answers

Answer:

There is no “formula” and the sooner you stop believing that math is a collection of formulas the sooner you can start learning it.

“Y sinx”, as written, is meaningless. You probably meant y = sin(x). Learning the proper grammar and syntax for writing mathematical expressions is necessary to make any progress in the subject.

Finally, the value of y = sin(x) is the y-coordinate of a point on the unit circle at position angle x. the zeros of y = sin(x) are x = k*pi, where k is any integer, because at any of those position angles the y-coordinate will be 0. This is not a “formula”, just a compact way to indicate an infinite number of zeros. The note that k is any integer is generally assumed, but to be clear and precise it should be included as part of the answer.

Solutions to trig equations are often restricted to the domain [0, 2pi), which is once around the unit circle without repetition of any point. On this domain, the zeros are 0 and p

Find the point on the graph of the given function at which the slope of the tangent line is the given slope.
f(x)=x^3+6x^2+17x+14​; slope of the tangent line=5


The point at which the slope of the tangent line is 5 is

Answers

The value of the points in the graph is a (2,80).

According to the statement

We have to find that the points on the graph.

So, For this purpose, we know that the

A graph can be defined as a pictorial representation or a diagram that represents data or values in an organized manner.

From the given information:

f(x)=x^3+6x^2+17x+14​; slope of the tangent line=5

Then

f(x)=x^3+6x^2+17x+14

Now find the drivative then

f'(x)=3x^2+12x+17

Then slope of the tangent line=5

Now,

3x^2+12x+17 = 5

3x^2+12x+12 = 0

x^2+4x+4 = 0

Now solve the equation then

x^2+2x+2x+4 = 0

x(x+2) +2(x+2) = 0

(x+2) (x+2) = 0

Here the values of the x become -2,-2.

Then

When x = 2

f(x)=2^3+6(2)^2+17(2)+14

f(x)=8+24+34+14

f(x) = 80.

So, The value of the points in the graph is a (2,80).

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Two circles each of radius 5 units, lie i perpendicular planes. they intersect in two points x and y thus determining a common chord XY. If XY = 8, compute the distance between the centers of the circle

Answers

The distance between the centers of the circle is [tex]3\sqrt{2}[/tex] units.

It is required to find the distance between the centers of the circle.

What is circle?

A circle is a closed two-dimensional figure in which the set of all the points in the plane is equidistant from a given point called “centre”. The perimeter around the circle is known as the circumference.

Given:

Radius =5 units

XY = 8

According to given question we have

XY=

[tex]\sqrt{3^{2}+3^{2} } \\\\=\sqrt{18} \\\\=\sqrt{9.2} \\\\=3\sqrt{2}[/tex]

Therefore, the distance between the centers of the circle is [tex]3\sqrt{2}[/tex] units.

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Change. 0.99 into a present
Change 0.62

Answers

Answer: 99% 62%

Step-by-step explanation: Multiply the decimal by 100 to get a percentage.

given x sin y - 2y^3 - 5 = 7x, use implicit differentiation to find dy/dx

Answers

Answer:  [tex]\frac{dy}{dx}[/tex] = [tex]\frac{ 7 - sin y }{ -6 y^{2} + x cos y }[/tex]

Step-by-step explanation:

Given data,

                       x sin y - 2y^3 - 5 = 7x

Differentiate with each term with respect to the independent variable,

            [tex]\frac{d}{dx}[/tex] (x sin y) - [tex]\frac{d}{dx}[/tex] (2y^3) - [tex]\frac{d}{dx}[/tex] (5) = [tex]\frac{d}{dx}[/tex] (7x)  

Apply to the product rule,

         sin y * [tex]\frac{d}{dx}[/tex] (x) + x * [tex]\frac{d}{dx}[/tex] (sin y) - [tex]\frac{d}{dx}[/tex] (2 [tex]y^{3}[/tex]) - [tex]\frac{d}{dx}[/tex] (5) = [tex]\frac{d}{dx}[/tex] (7x)

Apply the chain rule,

sin y * [tex]\frac{d}{dx}[/tex] (x) + x* [tex]\frac{d}{dy}[/tex] (sin y) * [tex]\frac{dy}{dx}[/tex] - [tex]\frac{d}{dy}[/tex] (2 [tex]y^{3}[/tex])* [tex]\frac{dy}{dx}[/tex] - [tex]\frac{d}{dx}[/tex] (5) = [tex]\frac{d}{dx}[/tex] (7x)

Take out the coefficients,

sin y * [tex]\frac{d}{dx}[/tex] (x) + x * [tex]\frac{d}{dy}[/tex] (sin y) * [tex]\frac{dy}{dx}[/tex] -2 [tex]\frac{d}{dy}[/tex] ([tex]y^{3}[/tex]) *  [tex]\frac{dy}{dx}[/tex] - [tex]\frac{d}{dx}[/tex] (5) = 7 * [tex]\frac{d}{dx}[/tex] (x)

Differentiate the constants and power functions,

 sin y + x * [tex]\frac{d}{dy}[/tex] (sin y) * [tex]\frac{dy}{dx}[/tex] - 2 * 3 * [tex]y^{2}[/tex] * [tex]\frac{dy}{dx}[/tex] = 7    

Differentiate sin (x),

  sin y + cos y * [tex]\frac{dy}{dx}[/tex] - 2 * 3 * [tex]y^{2}[/tex] * [tex]\frac{dy}{dx}[/tex] = 7

Isolate,

             [tex]\frac{dy}{dx}[/tex] = [ 7-sin y ] / (-6 [tex]y^{2}[/tex] + x cos y )

Therefore,

              [tex]\frac{dy}{dx}[/tex] = [tex]\frac{ 7 - sin y }{ -6 y^{2} + x cos y }[/tex]

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Solve for x.

-20=-X

Answers

Answer:

x = 20

Step-by-step explanation:

-20 = -x

[tex]\frac{-20}{-1}[/tex] = [tex]\frac{-x}{-1}[/tex]

Simplify

x = 20

- 20 = - x

multiply both sides by 1

20 = x

x = 20

ian drove 1500 miles to new york in two days.He traveled 150 miles more the first day than he did the second day.how far did he travel the second day?

Answers

He traveled 600 miles the second day

translate the following question= You must be at least 18 years old to vote

Answers

Answer:

[tex]\geq 18[/tex]

Step-by-step explanation:

Since this is in the math category I am assuming you needed a math answer.  The "greater than or equal to" symbol is the mathematical equivalent of "at least" some amount or number.

Answer:

x ≥ 18

Step-by-step explanation:

x ≥ 18 (I don't know if you've gotten to greater than or equal to, but keep in mind the answer might be ">" instead of "≥" if its the only option in multiple choice)

x is the age you have to be to vote, the greater than or equal to sign it to say that you have to be older than or equal to 18, and the 18 is the number/age you at least have to be!

Hope this Helps! :)

Have any questions? Ask below in the comments and I will try my best to answer.

-SGO

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