10. You want to be able to withdraw $30,000 each year for 25 years. Your account earns 8% interest. a. How much do you need in your account at the beginning? b. How much total money will you pull out of the account? c. How much of that money is interest?

Answers

Answer 1

Answer:

Kindly check explanation

Step-by-step explanation:

Given the following :

Rate (r) = 8% =. 0.08

Period (t) = 25 years

Yearly withdrawal = cashflow = P= $30,000

Using the present value formula (PV) :

Present Value (PV) = P[(1 - (1 + r)^-n) / r]

PV = 30000((1 - (1 + 0.08)^-25) / 0.08)

PV = $320,243.29

B.) Total amount pulled out :

Yearly withdrawal * number of years

$25000 * 25 = 625,000

C.)

Interest :

$625000 - $320,243.29 = $304,756.71


Related Questions

you are planning a party for 12 people and you purchase 4 bags of candy.If you have a party for 21 people,how many bags of candy should you purchase

Answers

Answer:

7

Step-by-step explanation:

one bag of candy for every three people

12 ÷ 4 = 3

21 ÷ 7 = 3

Answer:

7  

Step-by-step explanation:

Apply proportions:

People/bag of candy

[tex]\frac{12}{4}[/tex]

For 21 people

[tex]\frac{21}{x}[/tex]

Equal both expressions

[tex]\frac{12}{4} =\frac{21}{x}[/tex]

Solve for x:

[tex]x=21\frac{12}{4} \\x= \frac{21}{3} \\x=7[/tex]

You should purchase 7 bags of candy

Use the Factor Theorem to determine whether h(x) = x – 1 is a factor of f(x) = 14x^99 – 65x^56 + 51.

a. Yes
b. No

Answers

It’s is yes hopes that helps lol
the answer is a (yes)

You have prizes to reveal! Go to your game board.
A hummingbird lives in a nest that is 12 feet high in a tree. The hummingbird flies 13 feet to
get from its nest to a flower on the ground. How far is the flower from the base of the tree?

Answers

Answer:

1 foot?

Step-by-step explanation:

You subtract 13 from 12 to get the base divider.

If you can finish this sentence and get it right you be brainliest

"I can show you the _____ shining, shimmering, splendid"

Answers

Answer:

world

Step-by-step explanation:

Answer:

world

Step-by-step explanation:

"I can show you the world shining, shimmering, splendid"


Convert to Standard Form
13-6x-=y

Answers

Answer:

6x+y=13

Step-by-step explanation:

Find the measure of the missing angle
m<1=​

Answers

Answer:

i just want points to upload a post sry

Step-by-step explanation:

Lauren's vet commented that her puppy gained 10% in weight since the first visit. Write an expression that could be evaluated to show the puppy's current weight. Use a variable to represent the weight of the puppy at the first visit. Write the expression in simplified form. If the puppy gains another 10% in weight from the current visit to a future visit, how much will the puppy weigh? Write an expression that could be evaluated to show the puppy's future weight. Write the expression in simplified form.

Answers

Answer: expression to show puppy's current weight = x+ 0.1x, simplified form = 1.1x

Expression that for puppy's future weight= 1.1x + 0.1(1.1x), simplified form = 1.21 x

Step-by-step explanation:

Let x= Puppy's weight in the first visit.

If it gained 10% in weight from the first visit, then his current weight = (weight in first visit)+10% of (weight in first visit)

= x+ 0.1x

i.e. expression to show puppy's current weight = x+ 0.1x

In simplified form it will be

x+ 0.1x = x(1+0.1)

=x(1.1)

=1.1 x  (simplified form )

If puppy gains another 10% in weight, then its future weight = (current weight)+10% of (current weight)

= 1.1x+10% of 1.1x

= 1.1x + 0.1(1.1x)

Expression that for puppy's future weight= 1.1x + 0.1(1.1x)

= 1.1x(1+0.1)

= 1.1x(1.1)

=(1.1)²x

= 1.21x  (simplified form)

If its 9:00 am what time will it be in 50 hours

Answers

Answer:

in 50 hours it will be 11 am 2 days later

Step-by-step explanation:

24 hours is one day

2*24 = 48 hours is 2 days

50-48 = 2 hours

add 2 hours to 9 am

11 am

in 50 hours it will be 11 am 2 days later

Which rational number equals 0 point 1 with bar over 1?

Answers

See attachment for math work and answer.

I really need the answers or im dead​

Answers

Answer:

graph it and all of the #s will be negitive

Step-by-step explanation:

Answer:

W: (1, 4)

X: (4, 4)

Y: (6, 2)

Z: (5, 1)

Step-by-step explanation:

Rule for rotaion 270° counterclockwise (90° clockwise): (x, y) ⇒ (y, -x)

J: (-4, 1) ⇒ W: (1, 4)

K: (-4, 4) ⇒X: (4, 4)

L: (-2, 6) ⇒ Y: (6, 2)

M: (-1, 5) ⇒ Z: (5, 1)

[-4.5 + 12] = what is the anserw

Answers

Answer:7.5

Step-by-step explanation:

Answer:

The answer will be 8.5

Evaluate the expression for z = 3.

z2

Answers

Answer:

6

Step-by-step explanation:

z=3

z2= 3*2 = 6

Good luck

A racquetball club membership costs $22.50 per month. What would a year’s membership cost?

Answers

Answer:

270 dollars for a year, so 22.50 times 12

The cost of the membership for a year will be $270.

What is Algebra?

The analysis of mathematical representations is algebra, and the handling of those symbols is logic.

PEMDAS rule means for the Parenthesis, Exponent, Multiplication, Division, Addition, and Subtraction. This rule is used to solve the equation in a proper and correct manner.

A racquetball club membership costs $22.50 per month.

We know that in a year, the number of months is 12.

Then the cost of the membership for a year will be given by the multiplication of the numbers 22.50 and 12.

Cost = 22.50 x 12

Cost = $270

The cost of the membership for a year will be $270.

More about the Algebra link is given below.

https://brainly.com/question/953809

#SPJ2

3x + 2y + z = 7 2x + 3y - z = 8 5x + y + 2z = 11

Answers

Answer:

x = 3,    y = 0,      z = −2

Step-by-step explanation:


If Jodi walks 1 hour and 17 minutes, explain how you would convert this to
a decimal AND give how many hours this is.

Answers

Answer:

Step-by-step explanation:

17 minutes is 17/60 hours=0.28333 ≅0.283 rounded to the nearest thousandth

Jodi walked for  1.283 hrs.

See attachment for math work and answer.

Is the relation a function?{(1,5),(1,7),(3,9),(4,11)}

Answers

Answer: No

Step-by-step explanation: Multiple Y values come from the same X value, which means its not a function.

Answer:

No

Step-by-step explanation:

Determining whether a relation is a function on a graph is relatively easy by using the vertical line test. If a vertical line crosses the relation on the graph only once in all locations, the relation is a function. However, if a vertical line crosses the relation more than once, the relation is not a function.

What is the simplified expression for
44 • 43 45

Answers

The third one, 4^2 is the answer. Let me know if I got wrong

Answer:

D

Step-by-step explanation:

the simplified version is 16 I'm not sure tho.

bob claims that he can map rectangle 1 to rectangle 2 select all of the transformations or series of transformation that support his claim

Answers

Answer:

The first thing you need to notice is that each mark in the coordinate axis represents 2 units.

Now, let's analyze each option that maps rectangle 1 to rectangle 2.

Reflection over the line x = 1, and a translation of 2 units down.

You can see that the right end of rectangle 1 us located at x = -2

The distance between x = -2 and the line of reflection is:

1 -  (-2) = 3

Then the left end of the reflected rectangle will e 3 units at the right of x = 1.

1 + 3 = 4

Will be at x = 4, same as rectangle 2.

Now we move it 2 units down, and we will have rectangle 1 mapped into rectangle 2.

Translation of 12 units right, and then 2 units down.

The right end of rectangle 1 is at x = -2

The right side of rectangle 2 is at x = 10

The difference is 10 -(-2) = 12

Then we must move rectangle 1 12 units to the right.

Now, same as before, we can move rectangle 1 2 units down and we will have rectangle 1 mapped into rectangle 2.

Rotation of 180° around the point (1, 4)

This means a reflection over the line x = 1, followed of a reflection over the line y = 4.

We already see that a reflection over the line x = 1 leaves rectangle 1 right above rectangle 2. And the line that separates them is the line y = 4, then when we do a reflection over that line, we will have rectangle 1 mapped into rectangle 2.

Answer:

D, E, and F

Step-by-step explanation:

Help me !!! Please someone

Answers

Answer:

5 and 6

Step-by-step explanation:

The square root of 25 is 5 and the square root of 36 is 6. 33 falls between those

Hurry quick I need help!!!!!!!!

Answers

The answer is A your welcome

Which number line shows the solution to the inequality –2(3x – 1) < 8? A. Number lines from minus five to five by increament of one from left to right and each tick mark is labeled. Shaded part from minus infinity to open circle at minus one B. Number lines from minus five by increament of one from left to right and each tick mark is labeled. Shaded part from open circle at minus one to infinity C. Number lines from minus five by increament of one from left to right and each tick mark is labeled. Shaded part from minus infinity to open circle at two D. Number lines from minus five to five by increament of one from left to right and each tick mark is labeled. Shaded part from open circle at two to infinity

Answers

Answer:

The correct option is B.

Step-by-step explanation:

The inequality is: -2(3x - 1) < 8.

Solve for x as follows:

-2(3x - 1) < 8

-6x + 2 < 8

-6x < 6

-x < 1

x > -1

The solution for x is in the interval (-1, ∞].

The number line will be:

B. Number lines from minus five by increment of one from left to right and each tick mark is labeled. Shaded part from open circle at minus one to infinity

Square root of 244 simplified radicals

Answers

Answer:

Exact Form:

2√61

Decimal Form:

15.62049935…

Step-by-step explanation:

I think lol

Which inequalities are true? Select the four correct answers


Will mark Brainiest

Answers

Answer:

see below

Step-by-step explanation:

1.    0 < √8 = true

2.   √8 < 3 = true

3.   √8 > √7 = true

4.   √8 < 2 = false

5.   √8 > 8 = false

6.    1 < √8 = true

Inequalities help us to compare two unequal expressions. The inequalities that are true are 1, 2, 3 and 6.

What are inequalities?

Inequalities help us to compare two unequal expressions. Also, it helps us to compare the non-equal expressions so that an equation can be formed.

It is mostly denoted by the symbol <, >, ≤, and ≥.

The value of √8 is equal to 2.828427, therefore, the inequalities that are true are,

0 < √8√8 < 3√8 > √71 < √8

Hence, the inequalities that are true are 1, 2, 3 and 6.

Learn more about Inequality:

https://brainly.com/question/19491153

#SPJ5

The total amount of Keira's cell phone bill, b, varies directly with the number of text messages she sends, m. Which of the following equations best models the amount of money Keira must pay for her cell phone bill?

Answers

Pls list the equation options so we can give you an answer

To create a model of an artery, a health teacher uses the scale 2.5 cm:0.75 mm. If the
diameter of the artery is 2.7 mm, what is the diameter on the model?
HELP PLS

Answers

Answer:

Step-by-step explanation:

Answer:

The answer is 9 cm

Step By Step Explanation

You need at least 30 cubic feet of sand to fill a sand box. Each box contains 2.5 cubic feet of sand. Write and solve an inequality that represents the number of bags “b” that you need to buy

Answers

Answer:

2.56 = 30

b = 12

(Sorry if I’m wrong! I speeded on it.)

Step-by-step explanation:

Can somebody please help?

Answers

Answer:

1. real number, irrational number

2. rational number, real number


El dueño de una cafeteria contrata dos
empleadas para la atencion de las mesos.
A la primera, que trabaja 8 horas diarias, le
paga $100.000 cada 6 dias; a la segunda, que
trabaja 12 horas diarias, le paga $200.0oo.
si el precio de una hora de trabajo es el
mismo para ambas, a ¿Cada cuantos dias le
paga a la Segunda empleada?

Answers

JAJJAJAJAJAJAJJAJAJAJAJA

Let f (x) = 3x² + 2x – 1 and g (x) = x2 – 3x + 1
Find f(x) + g(x)
4x2 - x
4x2 + 5x
2x2 - 5x + 2
4x2 - x + 2

Answers

Answer:

4x² - 1

Step-by-step explanation:

Add:

3x² + 2x - 1

x² - 3x + 1

= 4x² - x

gimme a really hard riddle if you dont do a good one i will prolly delete your question no actually gimme two riddles this is for a lot of points lol

Answers

Answer:

I speak without a mouth and hear without ears. I have no body, but I come alive with wind. What am I?

also

You measure my life in hours and I serve you by expiring. I’m quick when I’m thin and slow when I’m fat. The wind is my enemy.

Step-by-step explanation:

riddle

I speak without a mouth and hear without ears. I have no body, but I come alive with wind. What am I?

What disappears as soon as you say its name?

answer scroll down

an echo

silence

Other Questions
1. We have 50 pounds of dog food to last for 10 days. Each day we use the sameamount of food. How much dog food is used each day? On two examinations, you have grades of 87 and 86. There is an optional final examination, which counts as one grade. You decide to take the final in order to get a course grade of Ameaning a final average of at least 90 a. What must you get on the final to in the course? b. By taking the final, if you do poorly, you might risk the B that you have in the course based on the first two exam grades. your final average is less than , you lose your B in the courseDescribe the grades on the final that will cause this to happen Express each of these statements using quantifiers. Then form the negation of the statement so that no negation is to the left of a quantifier. Next, express the negation in simple English. In each case, identify the domain and specify the predicates.a. No one has lost more than one thousand dollars playing the lottery.b. There is a student in this class who has chatted with exactly one other student.c. No student in this class has sent e-mail to exactly two other students in this class.d. One student has solved every exercise in this book.e. No student has solved at least one exercise in every section of this book. Write a quadratic function f whose zeros are - 5 and 7. stages of mitosis in order WILL GIVE YOU BRAINLIEST ANSWER Writing accurately does NOT require which of the following?A. Providing all relevant informationB. Writing specific and true informationC. Avoiding generalizationsD. Using complex words A person with a height of 2 meters stand near a tree. The tree casts a shadow that is 30 meters long and the person has a shadow that is 3meters long. What is the height of tree How is the work of Rene Descartes related to that of Sir Isaac Newton? (5 points) aThey both made their most famous discoveries while working for the king of England. bNewton and Descartes revolutionized navigation with their research, which led to increased colonization of the Americas. cDescartes' developments in analytical geometry were used by Newton in his development of calculus and research into optics. dDescartes was inspired to create a system of analytical geometry to describe Newton's Theory of Gravity. Isla has moved to a large city to start her first job after college. She likes her new apartment and her new work colleagues, but she cannot seem to shake feelings of sadness. Over time, she begins to sleep more and eat less. Even playing with her dog seems less fun than it used to be. Isla calls home to ask her father's advice. He says that when he was her age, he went through the same feelings for about a year. He said he found a physician to work with that helped him use medication properly to balance out his mood. "Selective serotonin reuptake inhibitors (SSRIs) what are the barriers to communication Which of these file formats would you choose if you had to create a vector graphic? Graphic Interchange Format (gif) Portable Network Graphic (png) Adobe Illustrator (ai) Microsoft PowerPoint (pptx) WILL MARK BRAILIEST. Can someone help me wit des seven questions? (The issue is Air Pollution.)1.) What is the issue? (Briefly describe the issue.)2.) How does your issue affect 3 or more specific characteristics of the Chesapeake Bay?3.) What specific actions are people taking to solve this issue or improve the situation? (Include 3 or more actions.)4.) Describe how those actions will most likely affect the Chesapeake Bay. (Be as specific as possible.)5.) In what ways does the Chesapeake Bay provide habitat?6.) In what ways does the Chesapeake Bay provide opportunities for recreation?7.) In what ways does the Chesapeake Bay provide opportunities for jobs and businesses ? 2. What do mushrooms, trees, spiders, birds and humans all havein common? Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market and the price of soda is $0.75 per can, then what will be the market demand for soda each month? what is the speed of an object that travels 210 miles in 7 hours How do we know tectonic plates move slowly In cuneiform, Sumerian scribes used what to represent words, sounds, or ideas? A. the first alphabet B. numbers C. wedge-shaped symbols D. simple pictures the radius of the earth social Six potted plants cost $48, at this rate what is the cost per plant? Juan and Gloria are comparing the two numbers 354.6 and 354.06. Juan says that 354.06 is equal to 10 x 354.6. Gloria says he is wrong. Do you agree with Juan or Gloria? Explain your thinking.