What is the greatest two- digit number the that can be made from the digits 3,4, and 5?
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a square with side length s has an area of 324 square centimeters. this equation shows the area of the square: s^2= 324. what is the side length of the square in centimeters?
Circle the word that completes the sentence.(25+17)+23=25+(17+23) A.Order. B.Grouping. C.operation
What is the sipliset form of 28:36
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-3x>27 |(-1)
3x<-27
x<-9
x∈(-∞,-9)
The statement ___________ because I will have $ ___________ nothing in my retirement account when I retire in 25 years.
(Round to the nearest cent as needed.)
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Answer:
False
$25,706.48
Step-by-step explanation:
The annual percentage rate (APR) is 4%, so the monthly rate is 4%/12 = ⅓%.
25 years = 300 months.
The monthly deposit (annuity) is $50.
The future value of the annuities is:
F = A [(1 + i)ⁿ − 1] / i
Given i = 1/300, A = 50, and n = 300:
F = 50 [(1 + 1/300)³⁰⁰ − 1] / (1/300)
F = 25,706.48
The statement is false. The amount after 25 years is less than $30,000.
Final answer:
The statement doesn't make sense because if you make $50 monthly deposits at a 4% APR for 25 years, you will have approximately $41,981.86 in your retirement account, not only $30,000.
Explanation:
The statement does not make sense or is clearly false. Let's add up the total deposits over 25 years and calculate the interest gained using the given annual percentage rate (APR) of 4%.
- Total deposits = $50/month * 12 months/year * 25 years = $15,000
- Using formula for compound interest, Final Value = P (1 + r/n)^(nt) where P is principal amount (initial investment), r is annual interest rate (decimal), n is number of times that interest applied per time period, t is time the money is invested for. In this case, P=$50, r=4%/12/100%=0.003333, n=1 (monthly), t=12*25=300. After calculations, the final value comes to approximately $41,981.86
Therefore, if you continue to make $50 monthly deposits with a 4% APR for 25 years, you will have just under $41,981.86 in your retirement account, not $30,000 as stated. So, the statement is inaccurate.
Learn more about Compound Interest here:
#SPJ2
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calculating all the way to find how many apples there are in 1 bushel...
144/3=48 pounds...
meaning there are 144 apples in 1 bushel...
so....144*315=45,360
This means that Carlos's trees produced 45,360 apples.
Thus, your answer.
12 inches
18 inches
36 inches
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Answer:
Its 9 just so you know
h =V / πr2
H = 288 / 3.14 x 4 x 4
H = 288 / 50.24
H = 5.73.
Sorry, I didn't get one of your choices.
Check your choices.
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498 + 246 = 744 . . . total of cartons and bottles