Lucas invests $2000 per year in his retirement account for 40 years in an investment with an average annual return of 10%. Approximately how much will he have after 40 years?
A.$88,000
B.$176,000
C.$312,000
D.$975,000

Answers

Answer 1

The amount Lucas would have in his account is $885,000.

The formula that would be used to determine the amount of money Lucas would be in 40 years is:

The formula for calculating future value = A x annuity factor  

Annuity factor = {[(1+r)^n] - 1} / r

Where:

A = amount invested each year = $2000r = interest rate = 10%n = number of years = 40 years

$2000 x [(1.1^40 - 1) / 0.1] = $885,000

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Related Questions


At the beginning of spring, Caroline planted a small sunflower in her
backyard. When it was first planted, the sunflower was 15 inches tall.
The sunflower then began to grow at a rate of 2.5 inches per week.
How tall would the sunflower be after 10 weeks? How tall would the
sunflower be after w weeks?
Height after 10 weeks:

Answers

Answer:

After 10 weeks: 40 inches

Step-by-step explanation:

Equation

15 + 2.5w = h

15 = beginning height

2.5 = rate per week

w = weeks passed

h = total height

Two or more expressions with an Equal sign is called as Equation.15+2.5W tall l would the sunflower be after w weeks and 40 inches tall after 10 weeks.

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

Given that, At the beginning of spring, Caroline planted a small sunflower in her backyard

The initial height of the sunflower was  15 inches tall.

The sunflower then began to grow at a rate of 2.5 inches per week.

We need to find the height of the tree after 10 weeks.

15+2.5(10)

15+25

40 inches tall after 10 weeks.

the sunflower height after w weeks

15+2.5W

Hence 15+2.5W tall l would the sunflower be after w weeks and 40 inches tall after 10 weeks.

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If Toye, whose speed is in ratio 5:6 to Koye uses 72min to finish a race. How long will the same race take Koye?​

Answers

Answer:

86.4

Step-by-step explanation:

Toye:Koye

5:6

5 - 72

6

(6*72) ÷ 5

=86.4 min

Select all ratios equivalent to 4:16.
3:12
6:48
5:4

Answers

Answer

Step-by-step explanation:

neither

brainlest

3:12

4/16=.25
3/12=.25

.45 is 1/10 of what?

Answers

Answer:

The answer is 4.5

Flying Home A bird flies from the bottom of a canyon that is 844 9/10 feet below sea level to a nest that is 55 4/5 feet above sea level. What is the difference in elevation between the bottom of the canyon and the​ bird's nest? The difference between the elevation of the canyon and the​ bird's nest is enter your response here feet. ​(Simplify your answer. Type an​ integer, proper​ fraction, or mixed​ number.)

Answers

Answer:

900 7/10

Step-by-step explanation:

you add the numbers to gether

which letter onthe diagram below represents a diameter of the circle.​

Answers

So sorry. I wish I could answer this, but I do not see a diagram.

Match the event with the most appropriate probability word: The roll of a normal fair dice will show a 7.

A. Certainly
B. Likely
C. Evens
D. Unlikely
E. Impossible
F. Other

Answer this, plz.

Answers

Answer:

Option 3

Evens

. . . . . .. . ..

From a club with 12 members, how many ways could you choose a committee of 5?

Answers

Step-by-step explanation:

that is 12 over 5

12! / (5! × (12-5)!) = 12×11×10×9×8/5×4×3×2 =

= 11×9×8 = 792

Hilary is making slime for a class project
He discovers that he needs 2 cups of glue for every 3 cups of water
Select all the ratios that have the same constant of proportionality as Hilary's
observation


4:6

3:6

3:12

8:12

Answers

4:6
8:12
Are the answers

The ratios that have the same constant of proportionality as Hilary's observation are 4:6 and 8:12.

Hilary's observation states that he needs 2 cups of glue for every 3 cups of water. This can be represented as the ratio 2:3.

Now, let's compare this ratio to the given options:

4:6 = 2:3

Same ratio, same constant of proportionality.

3:6 = 1:2

Different ratio, not the same constant of proportionality.

3:12 = 1:4

Different ratio, not the same constant of proportionality.

8:12 = 2:3

Same ratio, same constant of proportionality.

So, the ratios that have the same constant of proportionality as Hilary's observation are 4:6 and 8:12.

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Christina has these two tiles. Draw a new shape she can create with both tiles. Then name the shape and how many sides the new shape has.


Square and triangle

Answers

Answer:

quadangle

Step-by-step explanation:

a square made of triangles and If a triangle is called a triangle, why is a square not called a quadangle?

Squares and triangles can be combined to form a pentagon

The new shape is a pentagon.The shape has 5 sides.

The two shapes are given as:

SquareTriangle

Where the base of the square equals the side length of the triangle

When these shapes are combined i.e. when the base of the triangle is merged with the side length of the square, then it forms a pentagon.

See attachment for the image of the new shape.

From the attached image, we can see that the shape has 5 sides

Read more about pentagons at:

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Helppppppppppppp plz

Answers

Answer:

3/1

Step-by-step explanation:

rise/run

9514 1404 393

Answer:

  3

Step-by-step explanation:

The line goes through the origin (0, 0) and point (1, 3), which is 3 units up and 1 to the right of the origin.

  slope = rise/run = 3/1 = 3

The slope of the line is 3.

Shawna has a photo album with space for 160 pictures. She has 33 pictures of her family, 48 pictures from summer camp, and 57 pictures from school. Does she have enough pictures to fill the photo album?

Answers

yes since 33+48=81 and 81+57=138
and she will be able to have 22 more photos
sincd 160-138 is 22
no, she would not fill the album. 33+48+57= 138 which is 22 photos less than she would need.

Write in simplest radical form.

Answers

Step-by-step explanation:

i think this is the answer if its wrong im sorry

Solve -x/3>5
I need help with this

Answers

x=1 becuase when 1x is it

what should be added to 5xy to get 9xy​

Answers

Hello!

9xy-5xy=4xy

We can add like terms.

Like terms are same variables. Examples:

x+x

Remember:

x+x^2 can't be simplified.

y+x can't be simplified.

Hope it helps!

~Just a determined teen

#CarryOnLearning

[tex]MysteriousNature[/tex]

The expression 4xy is added to the equation 5xy to get 9xy​.

A collection of constants, variables connected using one or more arithmetic operator is called an expression

Example = 4y, 3x+4.

Two algebraic expressions separated by an equal symbol in between them and with the same value of the expression are called equations.

Example = 2x +4 = 12

Here, 4 and 12 are constants and x is variable

The equation can be solved as:

Let t be added to the following equation,

5xy + t = 9xy

Subtract 5xy  from both the sides,

t = 9xy​ - 5xy

t = 4xy

Thus, 4xy is added to 5xy to get 9xy.

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2. In the formula I = P x r x t, what does r stand for? a. Rate: the percent that interest is paid annually as a decimal b. Ratio: the size of the interest interval compared to time c. Return: how much money you end up earning d. Reserves: how much money you have in the investment

Answers

Answer:

I will answer this soon I don't remember

Answer:

A. Rate: the percent that interest is paid annually as a decimal

Step-by-step explanation:

Edge 2022 got the answer right :)

What is 8,473,227 rounded to the nearest hundred thousand

Answers

Answer:

8 500 000

Step-by-step explanation:

since it for the hundred thousand round off, we consider the ten thousand place value if it would have an effect on the hundred thousand place value.

In our case it did not have effect because it is below 5

Please do this step by step!

Answers

Answer:

Step-by-step explanation:

Let the amount creating equality = x

10% x + 625 = 20%x                Convert The percentages to a decimal

10/100 x + 625 = 20/100 x       Multiply both sides by 100

10x + 62500 = 20 x                  Subtract 10x from both sides

62500 = 20x - 10x                   Combine

62500 = 10x                             Divide by 10 on both sides

62500/10 =10 x/10

6250  = x

The equality is reached when 6250 sales is made.

Simplify (3x-9) / (x^2-x-6)

Answers

The answer is:

3
———
X+2

is {(-2,1),(-1,2),(0,3),(1,4) } a function?

Answers

Think of it this way, a function must pass the vertical line test.  There may not be 2 outputs for one input for example  (0, 1) (0, 2)  However, you can have something like this (1, 0) (2, 0)

This is indeed a function as it meets those criterion.  There are no two outputs for one input.

select the two values of x that are roots of this equation 3x^2 + 1 = 5x

Answers

Answer:

[tex]x = \frac{5 + \sqrt{13} }{6} [/tex]

Step-by-step explanation:

[tex]3x { }^{2} + 1 = 5x[/tex]

[tex]3 {x}^{2} - 5x + 1 = 0[/tex]

Apply the quadratic formula with a=3, b=-5 and c=1

Jon makes 20 free throws in practice on
Monday. He makes 25% more free throws
on Friday than Monday. Enter the number
of free throws Jon makes on Friday.
Show your work.

Answers

Answer:

25 free throws on Friday.

Step-by-step explanation:

On Monday  made 20 free throws

On Friday made 25%  more free throws on Friday than Monday

On Friday made 20 free throws + 25% of Monday free throws

On Friday = Monday throws + 25% × Monday throws

On Friday       = 20 + (.25 × 20)

On Friday        = 20 + 5

On Friday         = 25

what is 6 over x-8 - 3x over x squared -5

Answers

Answer:

6/x^5-2x-8

Step-by-step explanation:

6 over x-8-3x is

6/x-8-3x/x^-5

Over x^-5

x^-5 can be rewritten as

6/x-8-3x+x^5

Simplify:

6/x^5-2x-8

Hope this helps!

solve pls brainliest

Answers

Answer:

4 cm

Step-by-step explanation:

Where 7 cm is located is parallel to the side of 11cm

11-7 is 4cm.

Hope that helps!

7x + 8y = 25 9x + 10y =35 elimination method please​

Answers

[tex]7x +8y = 25 ~~~....(i)\\\\9x +10y = 35~~~ ....(ii)\\\\\text{Multiply equation (ii) by}~ \dfrac 79 ~ \text{and do (ii) - (i):}\\\\\dfrac 79 (9x +10y) - (7x +8y) = \dfrac 79 (35) - 25\\\\\\\implies 7x +\dfrac{70y}9 - 7x -8y = \dfrac{245}9 -25\\\\\\\implies - \dfrac{2y}9 = \dfrac{20}9\\\\\\\implies -2y =20\\\\\implies y =-10\\\\\text{Substitute}~ y = -10~ \text{in equation (i):}\\\\\\7x +8(-10) = 25\\\\\implies 7x = 25 +80\\\\\implies 7x = 105 \\\\\implies x =15\\\\[/tex]

[tex]\\\text{Hence}~ (x,y) = (15,-10)[/tex]

A dozen gulab jamuns cost 3.49 how much will 5 dozen cost

Answers

Answer:

17.44

Step-by-step explanation:

if one dozen cost $3.49 than 3.49 × 5 = 17.44

Solve for x.

−2x−1+3x=7


x=−2

x=−1

x = 6

x = 8

Answers

Answer:

x=8 is the answer. x-1=7 => x=7+1= 8

98546 dividido para
46

Answers

Answer:

2142.30435

Step-by-step explanation:

The answer is 2142 and leaves remainder

if a- b= 2 and ab= 15 then a3-b3?
a) 30 b) 98 c) 20 d) 60
full explanation please​

Answers

Answer:

The answer is 98

Step-by-step explanation:

A = 5

B = 3

a_b = 2

a × b = 5 × 3 = 15

A3 _ b3 =(5) bower 3 _ (3) power 3 = 98

please help asap!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

first one is 42
second is 24
Third is 12

Answer:

1 is 12

2 is 106

3 is 42

Step-by-step explanation:

1: PEMDAS. 5x2=10 4 to the power of 2 is 16 so 18-16=2 2+10=12

2: 9 to the power of 2 is 81. 4x7=28 28-3=25 81+25=106

3: 5 to the power of 2 is 25 7x3=21 25-4=21 21+21=42

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