John saved $50,000. and wants to put the money into an Index Annuity that pays an average of 8.4% per year, compounded semi-annually. How long will it take him to reach his goal of $1,000,000?

Answers

Answer 1

Answer:

Divide 50,000 by 8.4...get that number and add it to the 50,000, divide again by 8.4 and add back, repeat until you reach 1,000,000... happy adding


Related Questions

which phrase should be inserted in the line to correctly compare the two fractions? use the models for help.

6/10______4/6

A) is greater than
B) cannot be compared to
C) is less than
D) is equal to​

Answers

Answer:

A.

Step-by-step explanation:

Algebra helppppp nowwww plzzzzzz

Answers

a= -8/3 or -2 2/3
Hope this helps

James’ dealership pays him a commission of $500 profit on each car sold plus a flat salary of $1500 per month. Find the number of cars James sold if his total salary is $12,000 for the month.

Answers

21 cars sold. See attachment for step by step answer

Assume that the mean length of a human pregnancy is 269 days. If​ 95% of all human pregnancies last between 249 and 289 ​days, what is the standard deviation of the distribution of lengths of human​ pregnancies? What percent of human pregnancies are expected to last at least 287 ​days?

Answers

Answer:93% not sure

Step-by-step explanation:

plz explain in a paragraph to get brainliest

Answers

Answer:

500 people took the survey.

Step-by-step explanation:

12 divided by 3 is 4 and 15 divided by 3 is 5. that means 4 of every 5 people prefer restaurants. Multiply that by 100 and you get 400 of every 500 people prefer restaurants. Hope this helps!

What is the image of -1,-4 after a reflection over the x axis

Answers

answer: the image is (-1,4)

The image of the point after the reflection over x axis is P' ( -1 , 4 )

What is Reflection?

Reflection is a type of transformation that flips a shape along a line of reflection, also known as a mirror line, such that each point is at the same distance from the mirror line as its mirrored point. The line of reflection is the line that a figure is reflected over. If a point is on the line of reflection then the image is the same as the pre-image. Images are always congruent to pre-images.

The reflection of point (x, y) across the x-axis is (x, -y). When you reflect a point across the y-axis, the y-coordinate remains the same, but the x-coordinate is taken to be the additive inverse. The reflection of point (x, y) across the y-axis is (-x, y).

Given data ,

Let the point be represented as P

Now , the coordinates of the point P is P ( -1 , -4 )

The point P is reflected over the line x axis ,

So , when you reflect a point across the x-axis, the x-coordinate remains the same, but the y-coordinate is taken to be the additive inverse.

Substituting the values in the equation , we get

The image of the reflected point is P' ( -1 , - ( -4 ) )

The image of the reflected point is P' ( -1 , 4 )

Hence , the reflected point is P' ( -1 , 4 )

To learn more about reflection click :

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After walking 1/4 mile from home, Han is 1/3 of his way to school. What is the distance between his home and school?

VERY URGENT NEEDED ASAP

Answers

I don’t know if this is correct however I’ll try.
I think the formula is 1/4 divided by 1/3.
How to divide these fractions is to flip the 1/3 over, so the new problem would be 1/4x3.
The answer will be 3/4 miles.
Hopefully this helps!
This is it I found it uhh online

x2 + 10x + 9 = 0 factor form

Answers

Answer:

11/10

Step-by-step explanation:

NEED ASAP !!
Fill in the rest of the graph ? 2 .
How can u tell when Greg was going fastest ?

Answers

Answer:

When greg has the lead

Step-by-step explanation:

Dave says:
The only quadrilateral with two lines of symmetry is a rectangle.
Is Dave correct?
Explain your answer

Answers

Answer:

a rectangle is having 4 lines of symmetry but a trapezium is having 2 lines of symmetry

The quadrilateral with two lines of symmetry is a rhombus and not a rectangle. Therefore, the statement given by the Dave is not correct.

Quadrilateral- Quadrilateral is a type of polygon with closed shaped which has four sides, four angles and four vertices. The sum of this interior angle are always equal to 360 degrees.

Rectangle- A rectangle is a type of polygon and closed two dimensional figure with four sides, four angles and four vertices. In the rectangle the length of the opposite side are equal. Rectangle has two lengths and two widths.

Statement of the Dave- The only quadrilateral with two lines of symmetry is a rectangle-

A quadrilateral with two lines of symmetry means the line about which one part of figure is mirrored to the other image. such quadrilateral with two lines of symmetry will become the rhombus shape. The shape is similar to the kite shape. Thus the above statement is not correct.

By the above discussion we conclude that the quadrilateral with two lines of symmetry is a rhombus and not a rectangle. Therefore, the statement given by the Dave is not correct.

For more about the quadrilateral follow the link below-

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hey guys its addison ray

Answers

Answer:

what do you want answered

Step-by-step explanation:

ive heard of you but i dont know who you are. arent you on tic tac

Answer:

This isnt addison rae at all. Addison wouldnt be on this app. This is basically identity theft and if the REAL addison rae find out that you are pretending to be her she can sue you for identity theft :) have fun!

PLS HELP !) POINTS What is the solution to the equation 5 + 9x = 50?

x = 1
x = 4
x = 5
x = 6

Answers

The solution should be x=5

Write an equation for the line that has slope -2 and passes through the point (3, - 4). SHOW YOUR WORK

Answers

Answer:

2x+y-2=0

Step-by-step explanation:

Solution

Here,

Passing point P(x,y)= (3,-4)

Slope(m)= -2

Now Equation of the line

(y - y1)=m(x - x1)

(y+4) =-2(x-3)

y+4 = -2x+6

2x + y =2

2x +y -2 =0 which is the required equation of the line

explain whether the points (13,4), (-7,3), (-1,2), (5,1), (11,0), (17,-1) represents the set of all the solutions for the equation y= -1/6x + 11/6

Answers

Answer:

It does represent the equation

Step-by-step explanation:

y=mx + b

y= -1/6x + 11/6

How many even k-digit numbers can be constructed out of the digits 3, 4, 5, 6, and 7?

a. Assume first that you may use the same digit again.
b. Assume that you cannot use a digit more than once.

Answers

Answer:

A. 1562 numbers , B. 130 numbers

Step-by-step explanation:

A) Using same digit again

1 digit nos = 2 ( ie 4 , 6 )

2 digit nos = 5  (ie any no) x 2 ( ie 4 ,6 )

Similarly

3 digit nos = 5 x 5 x 2

4 digit nos = 5 x 5 x 5 x 2

5 digit nos = 5 x 5 x 5 x 5 x 2

Adding all 5 equations

Total = 2 + 10 + 50 + 250 + 1250  = 1562

B) Cant use a digit more than once

1 digit nos = 2 ( ie 4 , 6 )

2 digit nos = 4 ( ie any no other than 4 or 6) x 2  ( ie 4 , 6 )

Similarly

3 digit nos = 4 x 3 x 2

4 digit nos = 4 x 3 x 2 x 2

5 digit nos = 4 x 3 x 2 x 1 x 2

Adding all five equations

Total = 2 + 8 + 24 + 48 + 48 = 130

They estimate that their current (older) fridge, which they got for free, costs them about $17 a month in electricity charges to operate. They found a new fridge that costs $1,050 to purchase and would cost only around $6 a month in electricity charges.

The new fridge comes with a 10-year warranty, so they assume the new fridge to last for 10 years without any extra repair or replacement fees.

If they keep their old fridge, then they assume they will need to pay around $220 sometime over the next 10 years in maintenance costs to keep it running.

(For this comparison, assume they set aside the money to maintain the old fridge right at the beginning of the 10 years, even though they probably won't need the money until several years later.)



Let x represent the number of months. Let y represent total cost in dollars.

Step 3: Apply Quantitative Tools

Set up a system of equations that could be used to help Garrett and Judy Kay decide if buying the new fridge is worth it.

Create functions that describe the total cost in dollars for each fridge.

New Fridge Total Cost Function

Answers

Step-by-step explanation:

Step one:

given

current (older) fridge

electricity charges= $17 monthly

maintenance costs= $220

let the number of months be x

and the total cost be yo

the expression for the cost for the old fridge is

yo=220+17x---------1

New  fridge

electricity charges= $6 monthly

costs=  $1,050

let the number of months be x

and the total cost be yn

the expression for the cost for the old fridge is

yn= 1050+6x---------2

Hence the system of equation for the situation is

yo=220+17x---------1

yn= 1050+6x---------2

Step two

for 10 years there are 12*10= 120 months

put x= 120 in both expressions and compare the total

yo=220+17(120)---------1

yo=220+2040

yo=$2,260

yn= 1050+6(120)---------2

yn=1050+720

yn=$1770

Based on the analysis it will be less expensive to get the new fridge, hence buying the new fridge is worth it.


5. What is the surface area of the following shape

Answers

Answer:

ummm im pretty sure you mean area.... 2d shapes dont have surface area.... but ok... also is the bottom 10? i think so.... then its 90 MARK AS BRANLIEST BCUZ I SAVED YOU

Step-by-step explanation:

1/2x6x(10+20)

1/2x6(30)

3x30

90

Jack and Jill are walking to school. After 20 minutes, Jack walked 4/5 mile. After 25 minutes, Jill walked 5/6 mile. What is their speed in miles per hour?

Answers

Answer: Jill: 2mph and jack: 2 2/5 I had this in my test lol and tell me if it was right for you all

Which of the following is the graph of y = sin(0.5x)?

Answers

The graph of option B is the graph of y=sin(0.5x).

Period of sin graph

The formula to find the period of the graph of sin(bx) is [tex]P=\dfrac{2\pi}{b}[/tex]

How to find the graph?

Use the formula [tex]P=\dfrac{2\pi}{b}[/tex] in order to find the graph of y=sin(0.5x) where we will substitute b=0.5.

We will get,

[tex]P=\dfrac{2\pi}{0.5}\\P=\dfrac{20\pi}{5}\\\\P=4\pi[/tex]

Here the period of the graph y=sin(0.5x) is [tex]4\pi\\[/tex].

So, the graph of option B is the graph of y=sin(0.5x) as it has the period of [tex]4\pi\\[/tex].

Learn more about the period of sin graph here- https://brainly.com/question/7803748

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Answer:

D on edge 2023

Step-by-step explanation:

Will mark brainliest please help me ASAP thank you it is due soon

Answers

Answer:

y = -5/2x + 7

Step-by-step explanation:

The line is perpendicular, so mx is the reciprocal of 2/5 which would be -5/2. Then you plug that and (4, -3) into the equation y = mx + b, which will come out as -3 = (-5/2)(4) + b. Multiply mx to get -3 = -10 + b. Add 10 to both sides to get 7 = b. Plug in mx and b into the equation and you have your answer.

justin did push ups every day this week. he did 8 push ups monday. 14 push ups on tuesday. 18 push ups wednesday. 6 pushups thursday, and 8 push ups friday. find the mean number of pushups.​

Answers

Answer:

9

Step-by-step explanation:

if you list them from least to greatest, it would go: 6, 8, 8, 9, 12, 14, 18

Eliminate it one by one on each side and the middle number is 9

Answer:

The mean number is 10.8

Step-by-step explanation:

Since the mean number is the average of all numbers divided by how many there are, then 8+14+18+6+8=54. 54 divided by 5 equals 10.8.

A cookie recipe for 12 cookies calls for 4 cups of flour. How much flour is needed to make 90 cookies?

Answers

Answer:

30 cups of flour

Step-by-step explanation:

For every 12 cookies you need 4 cups of flour, which represents 1 batch of cookies. You want to figure out how many batches there are in 90 cookies. To do this you divide the total amount of cookies by the number of cookies in a batch.

90 cookies total/12 cookies/batch = 7.5 batches of cookies.

For each batch you need 4 cups of flour so you multiple the number of batches by the number of cups of flour.

7.5 batchs * 4 cups/batch = 30 cups of flour

so you need 30 cups of flour to make 90 cookies

30 cups of flower is the answer

Please answer these questions in the image ( click image to see fully )

Answers

9) x= -7

10) x= 10

11) x= 5

12) x= 6

13) x= 4

14) x= -9

15) x= 3

16) x= 9

sorry it took so long! hope this helps!! :)

what is the distance from -2 to 0 ?

Answers

Answer:

B :)

Step-by-step explanation:

110 + 3x +11 = 16x + 4 solve for x

Answers

Answer:

x = 9

Step-by-step explanation:

110 + 3x + 11 = 16x + 4

121 + 3x = 16x + 4

       -3x    -3x

121 = 13x + 4

-4             - 4

117 = 13x

117 ÷ 13 = x

9 = x

Check:

110 + 3(9) + 11 = 16(9) + 4

121 + 27 = 144 + 4

148 = 148

Answer:

x=9

Step-by-step explanation:

what are 4 different slopes

Answers

Answer:

negative, positive, zero, and undefined

Step-by-step explanation:

HELPPPP ANSWER IN 2mins AND I WILL GIVE YOU BRAINLY MASTER THING Which of the following number sentences is an example of the identity property? Select all that apply.
x 1
8.7 + 0 = 8.7
1.5 x 4 = 6
+ 11
1 + 1

Answers

Answer:

a and c

Step-by-step explanation:

Find the value of X

Answers

Answer:

16

Step-by-step explanation:

90=41+3x+1

Find the unit price rounded to the nearest cent: $12.35 for 11 lb.

Answers

Answer:

$1.12 per lb

Step-by-step explanation:

Carolyn Mills does maintenance work at a golf course. She worked these hours last season: April, 150; in each of the next four months, 200; September, 100. If she gets paid $10.50 an hour, what was her gross pay for the season?

Answers

Answer:

$11,025

Step-by-step explanation:

April: 150hrs

May-August: 200hrs x 4 = 800 hrs

September: 100 hrs

$10.50/hr pay rate

150+800+100 = $1,050

$1,050 x $10.50 = $11,025

*Gross pay is the amount of money made before tax

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