Suppose you earned a $710,000 bonus this year and invested it at 8.25% per year. how much could you withdraw at the end of each of the next 20 years? select the correct answer.

Answers

Answer 1

Withdraw at the end of each of the next 20 years is [tex]710000(1.0825)^{20}[/tex]

What do you mean by simple interest and compound interest?

Simple interest can be defined as the amount that is paid back using borrowed money over a period of time.

simple interest:

Simple interest can be defined as the principal of a loan or deposit that an individual puts into a bank account.

Compound interest:

Compound interest is interest that accrues on the principal and accrues interest.

Given:

Principal, P = $710000

Rate of interest, r = 8.25%

Time period, t = 20 years

withdrawal at the end of 20 years , A = [tex]P(1+r)^{t}[/tex]

A = [tex]710000(1+8.25/100)^{20}[/tex] = [tex]710000(1+0.0825)^{20}=710000(1.0825)^{20}[/tex]

Therefore, withdraw at the end of each of the next 20 years is [tex]710000(1.0825)^{20}[/tex]

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Related Questions

How many units are in 10 lots

Answers

A standard lot is an amount of currency which is the same as 100,000 units of a base currency .

What are the types of lot sizes?

There are three lot sizes;

The standard lotThe mini lotThe micro lot

In finance, a lot indicates a measure or increment of a commodity that can be transacted. Products are bought and sold using different lot sizes. Products such as spot forex are sold in lots of 100,000, 10,000, 1,000, or 100 units.

Competition and brokerage online has resulted in the introduction of various lot sizes and forms.

A change of $10 corresponds to a pip movement of a standard lot.

By buying $100,000 at ¥110.00 and the price increases to ¥110.50, which indicates a 50 pip movement and a gain of $500 and vice versa.

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What is the equation of this graph the line?

Answers

The slope-intercept form of the given line be,

y = -(9/8)x + 7

Given, a line is passing from two points (0 , 7) and (8 , -2)

we have to find the slope-intercept form of the equation of the line passing from the given points.

Using the slope-intercept form, we get

(y - y1)/(x - x1) = (y1 - y2)/(x1 - x2)

(y - 7)/(x - 0) = (7 - (-2))/(0 - 8)

(y - 7)/(x - 0) = 9/-8

-8(y - 7) = 9x

-8y + 56 = 9x

9x + 8y = 56

Slope-intercept form of the equation is,

y = -(9/8)x + 7

Hence, the slope-intercept form of the given line be, y = -(9/8)x + 7

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Which of the following is a rational expression?
1) 2
2) 6/x-20
3) 20x^2+2/9x^3+x
4) All of them are rational expressions?

Answers

Answer:

All of them

Step-by-step explanation:

A rational expression is simply a quotient of two polynomials. Or in other words, it is a fraction whose numerator and denominator are polynomials.

a magician charges a $30 fee to cover travel and expenses, plus $19.99 per hour. Write an equation to represent the relationship between h, the number of hours, and t, the total charge for the magician.

Answers

The equation to represent the relationship between h and t is

t = 30 + 19.99h.

What is an equation?

Two or more expressions with an equal sign are defined as an equation.

Given that, the magician charges a $30 fee one time and a $19.99 fee per hour.

The total charge, t,  for the magician for h hours is,

t = 30 + 19.99h

Hence, the equation to represent the relationship between h and t is

t = 30 + 19.99h.

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Calculate the rate of change of function f(x)= sqaure root of x - 1/square root of x

Answers

The rate of change of function [tex]f(x) = \sqrt{x} - \frac{1}{\sqrt{x}}[/tex] for x = 4 and x = 9 is 7 / 30.

We know that the rate of change of a function is nothing but the slope of the line.

The slope of the line is given by;

Slope = Change in y-coordinate / change in x-coordinate

We are given;

[tex]f(x) = \sqrt{x} - \frac{1}{\sqrt{x}}[/tex]

We need to find the rate of change of function for x = 4 and x = 9.

Let us find the value of y or f(x) for the given value of x.

For x = 4, [tex]f(x) = \sqrt{4} - \frac{1}{\sqrt{4}}[/tex]   = 2 - 1/2 = 4 - 1 / 2 = 3 / 2

For x = 9, [tex]f(x) = \sqrt{9} - \frac{1}{\sqrt{9}}[/tex]   = 3 - 1/3 = 9 - 1 / 3 = 8 / 3

Put the values of x and y in the slope formula, we will get;

Slope = (8 / 3 - 3 / 2) / (9 - 4) = 7 / 6*5 = 7 / 30

So, the rate of change of function is 7 / 30.

Thus, the rate of change of function [tex]f(x) = \sqrt{x} - \frac{1}{\sqrt{x}}[/tex] for x = 4 and x = 9 is 7 / 30.

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Please help. Find x and y. NEED ASAP

Answers

Answer:

x = 15 , y = 4

Step-by-step explanation:

If 3 or more parallel lines are intersected by two or more transversals, the parallel lines divide the transversals proportionally. then

[tex]\frac{x}{5}[/tex] = [tex]\frac{18}{6}[/tex] = 3 ( multiply both sides by 5 )

x = 15

and

[tex]\frac{12}{y}[/tex] = 3 ( multiply both sides by y )

12 = 3y ( divide both sides by 3 )

4 = y

can somebody please help me

Answers

Answer:

B

Step-by-step explanation:

This is correct because it is the only one in proper set notation.

Hope it helps!

4 and 3 half's divided by 2 and 7
halfs minus 8

Answers

Answer:

4/3/2/7-8= -7

Step-by-step explanation:

On a farm the ratio of grey goats to white is 4:7 there are 160 grey goats. How many white goats are there

Answers

Answer: 88

Step-by-step explanation:

For every 7 grey goats there are 4 white goats. 160/7=22  4*22=88

A little help please i dont know how to do this

Answers

Since the problem did not specify which direction I did both.

For 90 degrees clockwise, A’=(2,3) B’=(4,-2) C’=(1,-3)

For 90 degrees counterclockwise, A’=(-2,-3) B’=(-4,2) C’=(-1,3)

Joyce paid $120.00 for an item at the store that was 40 percent off the original price. What was the original price?

$

Give your answer to the nearest cent.

Answers

The original price was $200.00. If you subtract 100-40=60 so 60% of the original price is $120.00… so then you have to divide 120 by 6 to get $20 which is equal to 10%. Now you just multiply 20 by 4 to get $80 and then just add it to 120 to get $200.00

What is the smallest distance between the origin and a point on the graph of y = 1/2*(x^2 - 8)?

Answers

The smallest distance between the origin and a point on the graph of y = 1/2(x² - 8) is √7 units.

Given, a function

y = 1/2(x² - 8)

We have to find the smallest distance between origin and a point on the graph of y = 1/2(x² - 8).

Now, the point on the graph be,

( x , 1/2(x² - 8) ) and origin be (0 , 0)

Let the function of the distance between both the points be,

D = √(x - 0)² + (1/2(x² - 8) - 0)²

D = √x² + 1/4(x² - 8)²

D² =  x² + 1/4(x² - 8)²

On differentiating, we get

2DD' = 2x + x(x² - 8)

x³ + 2x - 8x = 0

x³ - 6x = 0

x(x² - 6) = 0

So, x = 0 , √6 , -√6

and the distance is minimum for x = √6

Therefore, using distance formula, we get

Distance = √(x1 - x2)² + (y1 - y2)²

Distance = √(0 - √6)² + (0 - (-1))²

Distance = √6 + 1

So, the smallest distance between the origin and a point on the graph of y = 1/2(x² - 8) is √7 units.

Hence, the smallest distance between the origin and a point on the graph of y = 1/2(x² - 8) is √7 units.

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There are 8 roses and 7 daisies in a vase.
(a) What is the ratio of roses to all flowers in the vase?
(b) What is the ratio of daisies to all flowers in the vase?

Answers

a) 8:15
b) 7:15

Hope it helps

15 more than twice Janelle's age
Use the variable j to represent Janelle's age

Answers

15 more than twice Janelle's age
Use the variable j to represent Janelle's age
Answer:

1. Represent "twice than Janelle's age":

-> 2j.

2. Represent "fifteen more than twice than Janelle's age":

-> 15+2j.

3. Final answer.

15+2j.

100 pointers! pls answer ASAP!!!!
find the measure of angle A show all your work

Thx

Answers

The value of ∠A in triangle ABC is 40°

What is a triangle?

A triangle is a geometric figure with three edges, three angles and three vertices. It is a basic figure in geometry.

The sum of the angles of a triangle is always 180°

In the given triangle ABC,

∠A=7x-16°, ∠B=81°

By alternate segment theorem,

∠C=4x+27°

The sum of all the angle of a triangle is 180°.

∠A+∠B+∠C=180°

⇒7x-16+81+4x+27=180

11x=180-92

11x=88

x=8

So the value of ∠A=7×8-16 = 40°

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Answer:

The value of ∠A in triangle ABC is 40°

Pretty much the same as the person that posted before.

b) The diagram shows a thin square sheet of metal measuring 24 cm by 24 cm. A square of side x cm is cut off from each corner. The remainder is then folded to form an open box, x cm deep, whose square base is shown shaded in the diagram. Write the volume, cm³, of the box as V=4x³-96x² +576x [3]
(ii) Compute the maximum cost paid to fill up the box with sand if RM 0.30 per cubic centimeter of sand charged. [2] ​

Answers

Answer:

Below

Step-by-step explanation:

Graphing the equation shows local max volume at x = 4  of 1024 cm^3

1024 cm^3  * RM . 30 / cm^3 = RM 307.2

. Which equations are true? Choose all that apply.
A. 2 x 0 = 2
B. 5x0=9×0
D.) 1 x 3 = 3
C. 6 x 1= 3x2

Answers

B C and D are all right because anything times 0 is 0 the 6x1 is 6 and 3x2 is 6 then anything times one is itself

Find the square root of:
441

Answers

The square root of 441 is 21

It is very easy, we just have to take the square root as it tells us in the problem:

[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \sf \red{ \sqrt{441 }} = \orange{21}[/tex]

You may ask ¿why 21?

[tex]\: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \sf \red{21 \times 21} = \orange{441} [/tex]

[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \sf So , \: the \: result \: is \\ \sf \longmapsto \orange{21} [/tex]

(7x² + 4y²)(5x² - y²)

Answers

Answer:

okay so step by step explanation,

first multiply  7[tex]x^{2}[/tex] with 5[tex]x^{2}[/tex] and -[tex]y^{2}[/tex]

35[tex]x^{4}[/tex]-7[tex]x^{2}[/tex][tex]y^{2}[/tex]

then do the second one

20[tex]x^{2}[/tex][tex]y^{2}[/tex]-4[tex]y^{4}[/tex]

take the sum of those,

35[tex]x^{4}[/tex]+13[tex]x^{2}[/tex][tex]y^{2}[/tex]-4[tex]y^{4}[/tex]

good luck<3!

Suppose an investment account is opened with an initial deposit of $18,500 earning 6.25% interest, compounded continuously. How much will the account be worth after
25 years? (Round your answer to two decimal places.)
$

Answers

The amount in the account after 25 years be $ 84,216.11

Given, an investment account is opened with an initial deposit of $18,500 earning 6.25% interest, compounded continuously.

We have to find the amount in the account after 25 years.

Now, on using the compound interest amount formula, we get

Amount = P(1 + r/100)^t

Amount = 18500(1 + 6.25/100)^25

Amount = 18500(1.0625)^25

Amount = 18500(4.55)

Amount = 84,216.1137

Hence, the amount in the account after 25 years be $ 84,216.11

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What is the constant of proportionality, ?
I
y
30+
28+
26+
-24+
22+
20+
18+
16+
14+
12+
10+
8+
6+
4+
2+
2
3
4
5
6
7
8
I

Answers

Answer:50.8%

Step-by-step explanation:

Suppose the number cube was rolled 500 times. Based on the results in the table, about how many times would it land on 5?

Answers

The number of times that the cube will land on 5 if the number cube was rolled 500 times is 83 times.

What is probability?

Probability is the occurence of likely events. It is the area of mathematics that deals with numerical estimates of the likelihood that an event will occur or that a statement is true. An event's probability is a number between 0 and 1.

It should be noted that in a number cube, we hage numbers from 1 to 6. The probability of getting a 5 is 1/6.

Therefore, when it's rolled 500 times, the possible number will be:

= 1/6 × 500

= 83 times.

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use the formula for the area of the circle and the dimensions you listed in level 5 to explain the formula for the area of a circle (r2).

Answers

The formula for the area of a circle is given as follows:

A = πr².

How to obtain the area of a circle?

The area of a circle of radius r is given by the multiplication of the number π and the square of the radius, according to the equation presented as follows:

A = πr².

Hence, for example, for a circle of radius of 5 units, the area is given as follows:

A = π x (5 units)² = 25π units².

The diameter of a circle is twice the radius, hence the radius is half the diameter, and as a function of the diameter, the area will be given as follows:

A = 0.25πd².

As the diameter in the context of this problem is:

r² = (0.5d)² = 0.25d².

Missing Information

The problem is incomplete, hence the area of the circle was explained in general terms.

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15. Tim can finish painting his barn in 10 hours. It takes
his wife JoAnn only 8 hours to do the same job. If they
work together, how long will it take them to complete the
job?

Answers

Answer:

4 4/9

is the time it will take

Can you calculate the area of this land and if so, can you help me?
Se podría calcular el area de este terreno? y si es así pueden ayudarme?

Answers

The area of the rectangular land is 208,607 square meters,

A rectangle is defined as a quadrilateral whose opposite sides are equal and parallel

How to find the area of a rectangle?

The lengths of a rectangle are denoted by L and W

where: L=length

            w=width

Area of the land (A)= Area of the larger land  minus Area of the smaller land carved out

A= (LW) - (lw)

A=(513x466.5)-(267x113)

A=239,312-30705

A=208.607 meters square

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Valerie is 64 inches tall. About how many centimeters tall is Valerie?
(1 inch -2.5 centimeters)
O 25.5
O 30.6
O 160
O 180

Answers

Using the conversion factor, the height of Valerie in centimeters is (C) 160 cm.

What is the conversion factor?

A conversion factor is a quantity or formula required to change a measurement from one system of units to another system of the same measurement.

The amount is often expressed as a fraction or ratio with a multiplication factor.

For instance, 12 inches equals one foot when converting between inches and feet.

So, 64 inches in cm is:

We know that:

1 inch = 2.5 cm

Then, 64 inches is:
64 inches = 2.5 × 64

64 inches = 160

Therefore, using the conversion factor, the height of Valerie in centimeters is (C) 160 cm.

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Correct question:
Valerie is 64 inches tall. About how many centimeters tall is Valerie?

(1 inch -2.5 centimeters)

A. 25.5

B. 30.6

C. 160

D. 180

Write a linear equation that passes through

the points (-3, 3) and (9, -13).
In Point - Slope form.

Answers

The point slope form of equation is y- 3 = -4/3( x- (-3)).

What is Slope?

A line's slope is determined by how its y coordinate changes in relation to how its x coordinate changes. y and x are the net changes in the y and x coordinates, respectively. Therefore, it is possible to write the

change in y coordinate with respect to the change in x coordinate as,

m = Δy/Δx

where, m is the slope

Given:

Points= (-3, 3) and (9, -13)

Now,

slope= (-13 - 3)/ (9 - (-3))

slope= -16 / 12

slope= -4/3

Now, the point slope form

y- [tex]y_1[/tex] = m (x- [tex]x_1[/tex])

y- 3 = -4/3( x- (-3))

y- 3= -4/3x - 4

y= -4/3x - 1

Hence, the point slope for of equation is y- 3 = -4/3( x- (-3)).

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Add.

(-x³-x)+(6x² + 6x -7)

Answers

Answer:

[tex]-x^{3}+6x^{2} +5x-7[/tex]

Step-by-step explanation:

-x^3-x+6x^2+6x-7

Order the polynomial from exponent order to make it easier

-x^3+6x^2+6x-x-7

-x^3+6x^2+5x-7

Hopes this helps please mark brainliest

Answer:

-x^3+6x^2+5x-7

Step-by-step explanation:

open parentheses, collect like terms.

Help to solve this question attached below###

Answers

Seems as though it’s the y intercept.

A department store buys 400 shirts at a cost of $3,200 and sells them at a selling price of $10 each. What is the percent markup?

Answers

3,200/400=8 and to get to ten is just 25% so it’s 25%
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