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
Simplify (-2x^3)2•y•y^9
Simplify (-2x^3)^2 •y•y^9 Answer 4x^6y^10
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.
Find the area of the shape
7.6 cm
3.7 cm
Find the area of the parallelogram.
Answer:
7cm²
Step-by-step explanation:
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
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:
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