You want to be able to withdraw $25,000 from your account each year for 20 years after you retire.

You expect to retire in 25 years.

If your account earns 6% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?

Answers

Answer 1

Answer:

When using formulas in application, or memorizing them for tests, it is helpful to note the similarities and differences in the formulas so you don’t mix them up. Compare the formulas for savings annuities vs payout annuities.

Savings Annuity Payout Annuity

P

N

=

d

(

(

1

+

r

k

)

N

k

1

)

(

r

k

)

P

0

=

d

(

1

(

1

+

r

k

)

N

k

)

(

r

k

)

PAYOUT ANNUITY FORMULA

P

0

=

d

(

1

(

1

+

r

k

)

N

k

)

(

r

k

)

P0 is the balance in the account at the beginning (starting amount, or principal).

d is the regular withdrawal (the amount you take out each year, each month, etc.)

r is the annual interest rate (in decimal form. Example: 5% = 0.05)

k is the number of compounding periods in one year.

N is the number of years we plan to take withdrawals


Related Questions

The temperature t is at least 75

Answers

Answer:

t ≥ 75

Step-by-step explanation:

"at least 75" means 75 or higher.

The temperature is equal to 75 or greater than 75.

t ≥ 75

You find one quarter, two dimes, and two nickels.

a. Write the dollar amount as a decimal.

Answers


The decimal form would be $0.45

Answer:

$0.55

Step-by-step explanation:

1 quarter is 25 cents

2 dimes is a total of 20 cents

2 nickels is a total of 10 cents

if you add all of it up 25+20+10 you get 55 cents but u need it in dollar amount so it would but $0.55 since u have less than a dollar.

Please help!With steps and explanation​

Answers

9514 1404 393

Answer:

dy/dx = (2 -x)/40.005

Step-by-step explanation:

(a) Solving the x-equation for u gives ...

  u = (x -1)/4

Differentiating both equations with respect to u, we have ...

  dy/du = 1 -4u

  dx/du = 4

Then dy/dx is ...

  dy/dx = (dy/du)/(dx/du) = (1 -4u)/4

Substituting for u gives ...

  dy/dx = (1 -4(x -1)/4)/4

  dy/dx = (2 -x)/4

__

(b) The approximate change in y is ...

  ∆y ≈ (dy/dx)(∆x)

For ∆x = 2.98 -3.00 = -0.02, and x=3, the approximate change is ...

  ∆y ≈ (2 -3)/4(-0.02)

  ∆y ≈ 0.005

(7 pts) A school has 400 feet of fencing to build a set of 3 athletic fields as shown below. What dimensions
should they use to build the largest possible athletic complex? Include appropriate units with your answer.
х

Answers

Answer:

Step-by-step explanation:

the side lengths are (400 - 4x)/2 = 200 - 2x

A = x(200 - 2x)

A = 200x - 2x²

Maximum area will occur when the derivative is set to zero.

dA/dx = 200 - 4x

0 = 200 - 4x

x = 200/4 = 50 ft

each field will be 50 x 33⅓ ft.

total area will be 5000 ft²

Which is not very big for a sports complex. I've owned houses with more floor space than that.

4% improvement of 82

Answers

solution for what is 4% of 82:

4 percent 82*=

(4:100)*82=

(4*82):100=

328:28=3.28

Step-by-step explanation:

Step 1: our output value is 82

Step 2: it represent the unknown value with x

Step3: from stop one above ,82=100%.

Step4: Similarly. x=4%

Step5: this results in a pair of simple equations

82 equals 100% (1).

x=4%(2).

Step6: by dividing equation 1 by equation 2 and noting that both the rhs right hand side of both equations have the same unit (%) we have unit

7/2(-4-2/3g)=
Pleas help meeeeeeudkxi

Answers

Answer:

-14g-84/6

Step-by-step explanation:

multiply the numbers

7/2 (-4-1 · 2/3g)

7/2(-4-2/3g)

combine multiplied terms into a signle fraction

7/2(-4-2/3g)

7/2(-4+-2g/3)

find common denominator

7/2(-4+-2g/3)

7/2(3(-4)/3+-2g/3)

combine fractions with common denominator

7/2(3(-4)/3+-2g/3)

7/2(3(-4)-2g/3)

multiply the numbers

7/2(3(-4)-2g/3)

7/2(-12-2g/3)

rearrange terms

7/2(-12-2g/3)

7/2(-2g-12/3)

combine multiplied terms into a single fraction

7/2 · -2g-12/3

7(-2g-12)/2 · 3

distribute

7(-2g-12)/2 · 3

-14g-84/2 · 3

multiply the numbers

-14-84/2 · 3

-14g-84/6

Topics: Precalculus, Matrix

Pls help me. I have been struggling.

Answers

9514 1404 393

Answer:

  A, C, F, G, I

Step-by-step explanation:

A relation is "odd" if it is symmetrical about the origin. That is, f(-x) = -f(x). Here are the symmetries of the graphs shown:

  A: origin

  B: y-axis

  C: origin, and x- and y-axes

  D: x-axis

  E: no symmetry

  F: origin

  G: origin, and x- and y-axes

  H: x-axis

  I: origin, and x- and y-axes


The function f is defined by f (x)=x²+4.
Find f (3a).

Answers

All you have to do is plug in 3a into the equation

I’m confused explain if you want or just say the answer!!! Thank you

Answers

Answer:

240

Step-by-step explanation:

Bottom rectangle volume:

4x8x5=160

The 2 top rectangles:

2x4x5=40

40x2=80

Total volume:

80+160=240

Triangle proportions pls help w/ work

Answers

Answer:

64

Step-by-step explanation:

Let the missing side be " x "

30 /  ( 30 + 10 ) = 48 / x.

30 / 40 = 48 / x

3 / 4 = 48 / x

3 * x = 4 * 48

x = 4 * 48 / 3

  = 4 * 16

x = 64

What is the surface area I really need help​

Answers

Answer:

It is c, 60 in²

Step-by-step explanation:

There are 4 triangles the same size. Each triangle has the same hieght and base.

using the formula how to calculate area of triangle, area is 15 in² for each.

we multiply that by 4.

answer is 60in²

Hope this helps :)

pls mark as brainliest :))

Investment account starting balance of $7400 in one year it had increased by 7.5%. How much is this in dollars

Answers

Answer:

7955

Step-by-step explanation:

how do I simplify 2x-4(x+5)​

Answers

Answer:

-2x-20

Step-by-step explanation:

Answer:

-2x - 20

Step-by-step explanation:

Step 1: Apply the distributive property.

[tex]2x + (-4)(x) + (-4)(5)[/tex] [tex]2x -4x - 20[/tex]

Step 2: Combine like terms.

[tex](2x-4x)+ (-20)[/tex] [tex]-2x - 20[/tex]

Therefore, the answer is -2x - 20.

Question 2 Three hundred students in a school were asked to select their favorite fruit from a choice of apples, oranges, and mangoes. This table lists the results.
what is the probability that the student is a girl who chose apple as her favorite fruit

Answers

You didn’t post your table but I’ll try to help. Let’s say out of the 300 students only one picked apples. That would be 1/300. The student has a 50/50 chance of being a girl so 1/2. You multiply you denominators, 300x2 and keep 1 as your numerator. So the answer is 1/600

PLEASE HELP!!!!!
will mark brainliest!!!!!

Answers

Answer:

y=8x+3

Step-by-step explanation:

to check plug the numbers to the equation and you will that it is right

Answer:

f(x) = 8x + 3

Explanation:

I knew f(x) = mx +b is the formula for a linear equation and that when x = 0,

f(x) = b

So, when x = 0 in the table, f(x) = 3 and therefore b = 3

Now we can plug in f(x) = 11 and x =1 into f(x) = mx+b along with our b value

11 = m(1) + 3

solving for m we get m  =  8 which finishes our unknowns

f(x) = mx + b

f(x) = 8x + 3

The temperature at 2 AM was 13°F and the temperature was decreased 12°F and then increased 7°F what integer represents the new temperature

Answers

8 degrees Fahrenheit
So subtract 13 from 12 then add 7 and 1 to get 8 degrees F.

A club plans to spend no more than 85% of the $1,200.00 in its activity budget to buy as many
radio-controlled helicopters as possible. The price of a helicopter is $110.99 plus sales tax of
6%. What is the greatest number of helicopters the club can buy?

Answers

Sales tax on helicopter

[tex]\sf\longmapsto 0.6(110.99)=6.65[/tex]

Cost of one helicopter

[tex]\sf\longmapsto 110.99+6.65=117.64[/tex]

Now

85% of 1200.00:-

[tex]\sf\longmapsto 0.85(1200)= 1020[/tex]

Total helicopters:-

[tex]\sf\longmapsto 1020/117.64\approx 9[/tex]

To tie-dye one T-shirt 3/8 cup of dye is needed. the table shows the number of cups of each color of dye in Mr. Galvez's art class. how many t-shirts can be made using only orange dye?

Amount of Dye
red: 12
orange:3/4

Answers

Answer:

Two shirts can be made

Step-by-step explanation:

We do have 3/4c of orange dye.

We do require 3/8c per T-shirt.

But, using math, it can be shown that 3/4c=2×3/8c

Looking at it this way: 3/4c = 2x3/8c

Where the 2 is the number of T-shirts we can produce.

It is easy now to see: 3/4c = 2x3/8c = 6/8c

So: 34c=68c=34c→ and all of this is orange dye

-11/15 divided by 1/12​

Answers

Answer:

-8 [tex]\frac{4}{5}[/tex]

Step-by-step explanation:

[tex]\frac{-11}{15}[/tex] ÷ [tex]\frac{1}{12}[/tex] =  [tex]\frac{-11}{15}[/tex] x 12

             = [tex]\frac{-132}{15}[/tex] = -8 [tex]\frac{4}{5}[/tex]

The median of 61 numbers is 39. At most thirty of the numbers can be greater than 39.
True or False

Answers

Answer:

Step-by-step explanation:

If you have 61 numbers, the middle number is the median. 30 numbers are below the median and 30 numbers are above the median. The middle number is the 61 number. At most and at least 30 numbers can be above the median. I think the statement is true.

(3,-3), m=-2
y=
What does y equal?

Answers

Answer:

-9

Step-by-step explanation:

y=-2(3)-3

Cual es la simplificación de 72/64

Answers

9/8

Step-by-step explanation:

divides 72 por 8 que es 9, y 64 dividido entre 8 es 8 dando te 9/8.

Help pls I’ll give BRAINLIEST

Answers

Bro that some weirdly word problem

Sales Revue • Total sales revenue was $120 million in Quarter 1 • Total sales revenue in Quarter 2 decreased by $10 million compared to Quarter 1. • Sales revenue in the East was $78 million in Quarter 1. • Sales revole in the West increased by $46 million from Quarter 1 to Quarter 2. Question Arrange the sales revenue lo 000.0001) by Quirtor und the percentages in the East and West regions

Answers

Do you want me to bring you a sandwich or something else if I can bring you something to eat or something else I can

The required revenue table categorized by Quarter (Qrt1 and Qrt 2) and Region (East and West) is :

____________Sale Revenue _____________

_______ Qrt 1 ___ Qrt1 %___ Qrt 2 ____ Qrt2 %

East ___ $78 _____65% ____$22 ______ 20%

West___ $42 _____ 35%____$88 ______ 80%

Sales Revenue ; Quarter 1 = $120 million Sale Revenue ; Quarter 2 = $120 - $10 = $110 million

Quarter 1 :

East = $78 million East percentage = (78/120) × 100% = 65%West = 120 - 78 = $42 million West percentage = 100% - 65% = 35%

Quarter 2 :

West = $42 + $46 = $88 million West percentage = (88/110) × 100% = 80%East = $110 - $88 = $22 million East percentage = 100% - 80% = 20%

Therefore, The distribution table which displays the revenue of the comp may is given above.

Learn more :https://brainly.com/question/1994652

Solve for r.
18r - 10r - 20r + 2r + 9r = 18
r =
Submit

Answers

Answer:

[tex]r=-18[/tex]

Step-by-step explanation:

1) Combine like terms

[tex]18r-10r-20r+2r+9r=18\\-r=18[/tex]

2) Divide both sides of the equation by the same term

[tex]-r=18\\\frac{-r}{-1} =\frac{18}{-1}[/tex]

3) Simplify

a. Cancel terms that are in both the numerator and denominator

[tex]\frac{-r}{-1} =\frac{18}{-1} \\r=\frac{18}{-1}[/tex]

b. Divide the numbers

[tex]r=-18[/tex]

Answer: -18

Step-by-step explanation:

18r - 10r - 20r + 2r + 9r = 18

-r = 18

18/-1

r = -18

The product of three integers is -40. What could the three integers be?
Explain your thinking.

Answers

Answer:

10, 4, -1

Step-by-step explanation:

10×4=40

40×-1=-40

-40=-40

The three integers could be 8, -5, and 1.

What are integers?

A number without a decimal or fractional element is known as an integer, which can be both positive and negative, including zero.

Given that, the product of three integers is -40.

Since the product is negative, there should be at least one negative number.

The three numbers can be 8, -5, and 1.

8 × (-5) ×1 = -40

Hence, the three integers could be 8, -5, and 1.

Learn more about integers:

https://brainly.com/question/15276410

#SPJ2

Hi, need help on this really bad pls (:

Answers

Answer:

1000

Step-by-step explanation:

The 8 in the tens place is worth 80

The 8 in the hundredths place is worth 0.08

80 ÷ 0.08 = 1000

-Chetan K

1,000 because the 8 in the tens and the other is in in the hundredths

Find the least common multiple of 15x^2 and 6x.

Answers

Answer:

30x^2

Step-by-step explanation:

The least common multiple (LCM) of two or more non-zero whole numbers is the smallest whole number that is divisible by each of those numbers. In other words, the LCM is the smallest number that all of the numbers divide into evenly.

what desmal is inbetween 1/2 and 3/4

Answers

Answer:

1/2 = 0.5

3/4 = 0.75

Step-by-step explanation:

What number is 30% of 20? for 10 points and brainlist

Answers

Answer:

6

Step-by-step explanation:

20*.3=6.

30 percent turns into .3

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