Ron will not make his monthly goal of $4,123 and will need $359.74 to supplement his monthly income when he retires.
What is Compound interest?Compound interest simply means that the interest associated with a bank account, loan, or investment increases exponentially over time.
Given monthly income of Ron is $3,142.23
Ron is 25 years old and is retiring at the age of 65. so he has 40 years to contribute.
Total amount he contribute in 40 years paying 5.5% compounded monthly is given by
interest rate(r) = 0.055/12
time period = 40 years = 480 months
Principal amount = $314.223
Future value = [tex]P(\frac{(1+r)^{n}-1 }{r} )[/tex]
Substitute, we get,
= 3142.23 [tex].10(\frac{(1+\frac{0.055)^{12.40}-1) }{12} }{\frac{0.055}{12} }[/tex]
Thus, future value is $547074.681009.
After retirement his monthly income when he has $547074.681009 amount.
P = (A.i/2)/(1-(1+i/12)⁻ⁿ)
Putting values, we get,
P = (547074.68×0.55/12)/1-(1+0.055/12)⁻²⁴⁰
P = $3763.25
He will receive a monthly income of $3763.25.
But given he will need a monthly income of $4,123 for 20 years, which is not met by Ron.
So, the amount he needs to supplement his monthly income when he retires by (4123-3763.25)= $359.74
Hence, Ron will not make his monthly goal of $4,123 and will need $359.74 to supplement his monthly income when he retires.
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will give brainliest
Answer:
Steeper: y=-3/2x+1/2 AND y=-2x+7/3 AND y=-7/4x+3/2
Less Steep: y=-4/3x+2/3 AND y=-8/7x+4/7
Step-by-step explanation:
Hope this helps :)
Tim needs a total of $499 to buy an ipad. He has $187. How much more money does he need to save to buy the Ipad?
Answer:
312
Step-by-step explanation:
499-187
Answer: Tim needs to save $312 more.
Step-by-step explanation: To find the answer, subtract. $499 minus $187 equals $312. Hope this helps! :>
look at screenshot answer question and i will mark you brainliest
Answer:
[tex]y= -3x+9[/tex]
Step-by-step explanation:
We can easily see from the graph that the equation intersecs the x-axis at p=3 and the y-axis at q=9. Now there is a trick to quickly write the equation in these situations, and it is
[tex]\frac xp + \frac yq = 1[/tex] where p and q are the length of the segments (with their sign!!) the line cuts from the origin.
At this point, it's just a matter of writing the equation in the wanted form:
[tex]\frac x3 + \frac y9 =1\\9\frac x3 + y = 9\\y= -3x+9[/tex]
Which is the equation you want.
If you prefer a more traditional approach, you can determine the slope right away by noticing that when the y coordinate moves from 9 to 0, ie it decreases by 9, the x coordinate goes from 0 to 3, and the slope is [tex]m= {\Delta y \over \Delta x} = {{-9}\over{3}} = -3[/tex]
Jenny went to the store with $10 and returned home
with 5 gallons of milk and $1.30 in change. What was
the cost of each gallon of milk?
Answer:
The milk is priced at $1.74/gallon
Step-by-step explanation:
If Jenny started out with $10 and ended up with $1.30 in change, she must have spent $10 - $1.30, or $8.70.
$8.70
Then the unit price for the milk is ---------- = $1.74 per gallon
5 gal
Question 11 Objective: Solve for unknown side lengths of right triangles using trigonometric ratios. A right triangle has one angle that measure 27. The adjacent leg measures 29.6 cm and the hypotenuse measures 40 cm. What is the approximate area of the triangle? Round to the nearest tenth. Area of a triangle = 1/2bh а
Answer:
A≈ 268.76 sq cm.
Step-by-step explanation:
sine 27 = opposite side/hypotenuse
sine 27 = x/40
sin 27(40) = x
18.15961999 =x
18.16 = x
A = 1/2(29.6)(18.1596199)
A = 268.7623759
A≈ 268.76 sq cm.
Which of the following triangles could lie on the graph with the same rise over run in Question # 3?
A. A triangle with a rise of 10 and a run of 30
B. A triangle with a rise of 30 and a run of 10
C. A triangle with a rise of 10 and a run of 40
D. A triangle with a rise of 2 and a run of 5
Answer:
B.
Step-by-step explanation:
Simplify the following.
can someone pls help 25+ Points And BRAINLIEST.
I know the answer so give step by step explanation.
Answer:
(2f-17h)/24k
Step-by-step explanation:
We can make the common denominator for 3k and 8k in the form of 24k, so we get (multiply the first fraction by 8 and the second one by 3 to get 24k on each denominator) (8f-32h)/3k-(6f-15h)/24k. Now we can just subtract the numerators :
8f-32h-6f+15h (sign gets flipped on 6f and 15h), so we get
(2f-17h)/24k
2x+3y=5x-y solutions
[tex]2 \times + 3y = 5x - y[/tex]
Solution:[tex]2 \times + 3y = 5x - y
[/tex] Move the variables to the left
[tex]2 \times + 3y - 5 \times + y = 0[/tex]
Collect like terms
[tex] - 3 \times + 4y = 0[/tex]
Change the signs
Answer:[tex]3 \times - 4y = 0[/tex]
A gym is offering a deal to members. Customers can sign up by paying a registration fee of $100 and $28 per month. The function that models this situation is c(m) = 28m + 100, where m is the number of months and c(m) is the cost of becoming a member.
Determine:
6. the shape of the graph
7. the independent and dependent variables
8. the domain and range
9. Interpret the slope and y-intercept values
10. How much will the membership cost for a whole year?
6) The equation given is written in standard form of writing the equation of a line y = mx + b
Hence the shape of the graph that denotes the equation c(m) = 28m + 100 is a straight line
7) The independent variable is a variable that can stand alone while the dependent variable is depending on all other variables in an expression.
From the given equation c(m) = 28m + 100, the independent variable is (m) while the dependent variable is c(m)
8) The domain is the input value for which the equation exists while the rage is the output value for which the equation exists. For the given expression, the value of the expression will exist at a point where c(m) > 0
28m + 100 > 0
28m > -100
m > -100/28
m > --25/7
The domain is m > -25/7 while the range is c(m) > 0
9) The comparing the equation with y = xm+ b
where x is the slope
28m = mx
x = 28
This shows that the rate of change of cost per member is $28
The y-intercept is the point where the number of months is 0
If m = 0
c(0) = 28(0) + 100
c(0) = 100
The initial cost of membership in the first month is $100
10) Given the formula c(m) = 28m + 100
For a whole year, m = 12
c(12) = 28(12) + 100
c(12) = 336 + 100
c(12) = 436
Hence the membership will cost $436 for the whole year
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30 x 50 x 60 - 100 +150
What is the measure of _____?
Answer:
95 degrees
Step-by-step explanation:
The sum of all the angles need to come to 360 degrees. We already have 2 90 degree angles, together 180 degrees. Subtract from 360 to get 180, so we know the other two angles together need to equal 180. x + x + 10 = 180
Add common terms, then subtract 10: 2x = 170
Divide by 2: x = 85
So angle F is 85 + 10, or 95 degrees.
At a picnic, 12 people shared 4 large sandwiche
equally. How much of a sandwich did each
person get to eat?
Answer:
1/3
Step-by-step explanation:
Answer:
each person ate 1/3 of a sandwich
Step-by-step explanation:
Marion and Stefan played a game called "Go." Marion won five times the difference between the number of games Stefan won and the number four. If Marion won fifteen games, then how many games did Stefan win?
Answer:
7
Step-by-step explanation:
Assume Stefan won x games,
Marion would win: 5(x-4) games,
5(x-4)= 15
5x-20= 15
5x= 15+20
5x= 35
x= 7.
linear equations
1. 4= x + 2
2. 6= x-3
3. 7= a + 4
4. 6= x - 7
5. 1= c - 2
6. 5= s + 2
7. x + 3=10
8. c + 4= 4
9. 3= b + 2
10. 6 + c= 10
11. 7= x + 3
12. x + 1= 9
13. x + 3= 15
14. y -6 = 4
15. x - 7 = 4
16. 6= x - 4
17. x - 4 = 2
18. x - 9 = 2
What is the slope for M(4,-8 negative) N(6,-1 negative)
Answer:
m=7/2
Step-by-step explanation:
100 if u get this right!
Answer:
■ y = m x
m = slope
Here m = 4/3
,*,slope is 4/3
Solve the equation 5.3g + 9 = 2.3g+ 15
a. Find the value of g
Answer:
g=2
Step-by-step explanation:
5.3g+9=2.3g+15
5.3g-2.3g=15-9
3g=6
g=6÷3
=2
Answer:
g = 2
Step-by-step explanation:
5.3g + 9 = 2.3g + 15
Subtract 2.3g from both sides
3g + 9 = 15
Subtract 9 from both sides
3g = 6
Divide both sides by 3
g = 2
PLEASE HELP! NEED IT NOW!
Calculate the circumference and area of a circle with the given measure. Use 3.14 for p.
a. radius = 3 cm
b. diameter = 4 ft
Answer:
ok
Step-by-step explanation: 3cm i believe
Two thousand four hundred sixty-three tickets were sold for a 2-day basketball
tournament. For the first day of the tournament, 1,087 tickets were sold. How many
tickets were sold on the second day of the tournament?
Answer:
Step-by-step explanation:
1376!
Answer:
yeah it's 1367
Step-by-step explanation:
I did the math!!!!
Esitmate 242 PLEASEEEEEEEEE I NEED THIS
help lol
The FOIL method helps you remember how to multiply each term in one ____________ by each term in the other ____________.
The FOIL method helps you remember how to multiply each term in one binomial by each term in the other binomial.
What is FOIL method?FOIL is the standard method of multiplying two binomials.
The word FOIL is an acronym for the four terms of the product:
First (“first” terms of each binomial are multiplied together)Outer (“outside” terms are multiplied—that is, the first term of the first binomial and the second term of the second)Inner (“inside” terms are multiplied—second term of the first binomial and first term of the second)Last (“last” terms of each binomial are multiplied)We try to explain this using an example.
[tex]= (2x+1)(3x+ 5)\\\\=(2x * 3x) + (2x * 5) + (1* 3x) + (1 *5)\\\\= 6x^{2} + 10x + 3x + 5\\\\= 6x^{2} + 13x + 5[/tex]
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A size 8 kids shoe measures 9 2/3 inches. if 5 size 8 shoes are lined end to end, then bow many inches will they cover?
Answer:
48 1/3 inches
Step-by-step explanation:
Each size 8 shoe measures 9 2/3 inches. If we line 5 of them together, the length of the entire thing will be 5 times the size of each shoe, 9 2/3 in. To write 5 as a fraction, put it over a denominator of 1. Then rewrite 9 2/3 as an improper fraction. Now you can multiply across and simplify as needed.
Answer:
the person below is correct
Step-by-step explanation:
hope this helps have a good rest of ur night :)❤
40 pts & Brainliest to first Correct. PLZ HELP ASAP
Answer: [tex]16x^4y^2a^6[/tex]
Step-by-step explanation:
just apply to the power of 2 to every term
-4 times -4 is 16
x^2 to power of 2 is 2 times 2 so x^4
y^2 is y^2
a^3 to power of 2 is 3 x 2 = 6 so a^6
16x^4y^2a^6
Answer:
16x^4y^2a^6
Step-by-step explanation:
Do this step by step
16x^4y^2a^6
Please give brainliest!
Find the perimeter. Simplify your answer.
Please help me!
In a standard deck of 52 playing cards, 13 cards are clubs, and 3 of the clubs are "face" cards (K, Q, J). What is the probability of drawing one card that is:
A) A club or a face card? Is this event a union or an intersection?
B) A club and a face card? Is this event a union or an intersection?
C) Not a club and not a face card?
A) This event is a union. If a card is of the suit of clubs or a face card or both, then it belongs to the set of "cards with clubs or a face".
For the probability in question, we use the inclusion/exclusion principle:
P(club or face) = P(club) + P(face) - P(club and face)
That is, we add the probabilities of drawing a club and of drawing a face card, and subtract the probability of both conditions being met because, in a certain sense, we've double-counted the event of the card being both of clubs and a face. The sets "club" and "face" are not disjoint; there is overlap between them.
Then we have
P(club) = 13/52
P(face) = 12/52
P(club and face) = 3/52
so that
P(club or face) = 13/52 + 12/52 - 3/52 = 22/52 = 11/26
B) This event is an intersection. If a card is of the suit of clubs and a face card, then it belongs to both the set of clubs and the set of face cards.
We already found the probability of the intersection above:
P(club and face) = 3/52
C) If a given card is not a club and not a face card, this is the same as saying the card is neither a club nor a face card. In other words,
P(not club and not face) = P(not(club or face))
and this probability is complementary to the probability that a card is either a club or face, which is to say
P(not(club or face)) = 1 - P(club or face)
Using the result from part (A), we have
P(not club and not face) = 1 - 11/26 = (26 - 11)/26 = 15/26
types of vertical mirrors
Answer:
Rectangle.
Round.
Arched.
Novelty.
Square.
Oval.
Octagon.
Sunburst.
Hope this is what you're looking for :)
Brainliest please
Find the perimeter. Simplify the answer
Answer:
10s-14
Step-by-step explanation:
Perimeter of rectangle = 2s+2(4s-7)
= 2s+8s-14
= 10s-14
= > Perimeter of rectangle = 2(l + b)
= > 2(s + 4s - 7)
= > 2(5s - 7)
= > 10s - 14...ans
Step-by-step explanation:
Hope it Helps you!!Six children collect 45 pencils. 20% of the pencils need sharpening. How many pencils need
sharpening?
Answer:
9
Step-by-step explanation:
45*2/10=45*1/5=9
Answer:
9
Step-by-step explanation:
A car driver takes a trip from his house across the country. After two days he has traveled 80
miles. Fill out the table below to show the relationship between days, x, and miles traveled, y.
Miles, y
Days, x
1
2
3
6
8
Suppose a spherical balloon is inflated at the rate of 10 cubic centimeters per minute. How fast is the radius of the balloon increasing when the radius is 5 cm
Answer: The radius increases by 0.032 cm/minute.
Step-by-step explanation:
The volume, V, of a sphere is V = (4/3)πr^3.
For the volume to increase at a rate of 10cc (cubic centimeters) per minute, the radius must increase such that the additional radius (r)^3 = 10
V = (4/3)πr^3
V = (4/3)π5^3
V = 524 cc
We add 10 cc to have the balloon hold 544 cc. We calculate the increase in radius:
534=(4/3)*pi*x^3
We can now calculate the new radius, x.
x = 5.032 cm
The radius increased by 0.032 cm/minute.