Answer:
Step-by-step explanation:
Today's Age = 30
Retirement Age = 64
Total Monthly Deposits = ( 64 - 30 ) * 12 = 408
In case of 12% Compounded Monthly , Interest Rate per month = ( 12% / 12 ) = 1%
Effective Interest Rate per year = ( 1 + 0.12/12 )12 - 1 = 1.1268 - 1 = 0.1268 = 12.68%
Present value of Annual 25 Years withdrawal of $100,000 at time of Retirement = $100,000 * PVAF ( 12.68% , 25 )
= $100,000 * 7.4864
= $748,642.20
Present Value of Money for nephew at time of Retirement = $1,000,000 * PVF ( 12.68% , 25 )
= $1,000,000 * 0.050535
= $50,534.52
Now the Present Value of total Amount Required at time of Retirement = $748,642.20 + $50,534.52
= $799,176.70
Now the monthly deposit be X
= X * FVAF ( 408 , 1% ) = $799,176.70
= X * 5752.85 = $799,176.70
X = $138.918
Therefore Monthly Deposit = $138.92
Find the area of the shape
7.6 cm
3.7 cm
Find the area of the parallelogram.
Answer:
7cm²
Step-by-step explanation:
What function has zeros at x=10 and x=2
Answer:
f(x) = x^2 -12x +20
Step-by-step explanation:
There are an infinite number of functions with zeros at those values of x. One simple polynomial function with those zeros is ...
f(x) = (x -10)(x -2) . . . . . each zero contributes a factor
f(x) = x^2 -12x +20
Tate is paid $17.35 per hour with time and a half overtime. What will his gross pay period in which he worked 35 hours one week and 44 hours next week for a total 79 hours?
Answer:
The new rule has a higher salary level for exemption from overtime, at $684 a week. This means that lower-pay exempt employees may qualify for overtime.
Step-by-step explanation: this is your answer plz rate e the most brainlest
568,924,126 each digit stands for what
Answer:
500,000,00060,000,0008,000,000900,00020,0004,000100206Step-by-step explanation:
To find what a digit stands for, make all the other digits zero.
This is substantially what we do when we write the number in "expanded form."
568,924,126
= 500,000,000 +60,000,000 +8,000,000 +900,000 +20,000 +4,000 ...
... +100 +20 +6
The list of numbers in the sum is the list of numbers the digits stand for.
Simplify (-2x^3)2•y•y^9
Simplify (-2x^3)^2 •y•y^9 Answer 4x^6y^10
Andre hit 46 balls at practice. He hit no fewer than 20 less than double the number of hits Jason had. Which inequality represents the situation if j represents the number of hits Jason had?
46 minus 20 less-than 2 j
2 j minus 20 less-than-or-equal-to 46
46 minus 20 less-than-or-equal-to 2 j
2 j minus 20 greater-than-or-equal-to 46
Answer:
2j -20 ≤ 46
Step-by-step explanation:
"20 less than double the number Jason [hit]" can be represented by 2j-20.
We are told that 46 is no fewer than this value, so it is greater than or equal to this value:
46 ≥ 2j -20
2j -20 ≤ 46 . . . . . swapping sides to match answer choices
Answer:
2j -20 ≤ 46
Step-by-step explanation: