1. After you retire in 17 years your goal is to have $100,000 in your investment account that earns 8% compounded annually. How much money would you need to deposit now to reach this goal

Answers

Answer 1

9514 1404 393

Answer:

 $27,026.90

Step-by-step explanation:

The future value formula can be solved to find the present value required.

  FV = P(1 +r)^t . . . future value of P compounded at annual rate r for t years

  $100,000 = P(1 +0.08)^17

  P = $100,000/3.70002 . . . . divide by the coefficient of P

  P = $27,026.90

You would need to deposit #27,026.90 now to reach this goal.


Related Questions

If you take a class and have three marking periods in the class and in the first period your average grade was a 85.56 the second marking period your average was a 60.57 and then for the final marking period your average was a 63.63 what will be your overall average?

Answers

69.92 when you add them all up and divide it you get 69.92

PLEASE HELP THIS IS DUE NOW
will mark brainliest!
10 points

Answers

the photo’s too blurry or is it just my eyes im sorry but i think it’s B

A company hopes to improve customer satisfaction, setting a goal of less than 5% negative comments. A random survey of 850 customers found only 34 with complaints. Does this provide evidence at the 10% significance level that the company has reached its goal of decreasing the percentage of complaints

Answers

Answer:

The p-value of the test is 0.0901 < 0.1, which means that this provides evidence at the 10% significance level that the company has reached its goal of decreasing the percentage of complaints.

Step-by-step explanation:

A company hopes to improve customer satisfaction, setting a goal of less than 5% negative comments.

At the null hypothesis, we test if the proportion of negative comments is of at least 5%, that is:

[tex]H_0: p \geq 0.05[/tex]

At the alternative hypothesis, we test if this proportion is less than 0.05, that is:

[tex]H_1: p < 0.05[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

0.05 is tested at the null hypothesis:

This means that [tex]\mu = 0.05, \sigma = \sqrt{0.05*0.95}[/tex]

A random survey of 850 customers found only 34 with complaints.

This means that [tex]n = 850, X = \frac{34}{850} = 0.04[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{0.04 - 0.05}{\frac{\sqrt{0.05*0.95}}{\sqrt{850}}}[/tex]

[tex]z = -1.34[/tex]

P-value of the test and decision:

The p-value of the test is the probability of finding a sample proportion below 0.04, which is the p-value of z = -1.34.

Looking at the z-table, z = -1.34 has a p-value of 0.0901.

The p-value of the test is 0.0901 < 0.1, which means that this provides evidence at the 10% significance level that the company has reached its goal of decreasing the percentage of complaints.

To evaluate whether or not the intake of a vitamin or mineral is adequate, comparisons are made between the intake distribution and the requirement distribution. Here is some information about the distribution of vitamin C intake, in milligrams per day, for women aged 19 to 30 years:

Percentile (mg/d)
Mean 1st 5th 19th 25th 50th 75th 90th 95th 99th
84.2 31 43 47 60 79 103 126 141 180

Use the 5th, the 50th, and the 95th percentiles of this distribution to estimate the mean (±0.01) and standard deviation (±0.01) of this distribution assuming that the distribution is Normal.

μ = _________
σ = _________

Answers

Answer:

[tex]Mean=79[/tex]

[tex]\sigma=30.3951.[/tex]

Step-by-step explanation:

From the question we are told that:

[tex]Age Bracket :19-20[/tex]

[tex]5th\ percentile = 42[/tex]  

[tex]50th\ percentile = 79[/tex]  

[tex]95th\ percentile = 142.[/tex]

Generally the mean Median and mode of the 50th percentile is are all equal

[tex]Mean=Median=Mode[/tex]

Therefore

[tex]Mean=79[/tex]

Generally for Normal distribution

[tex]5th\ percentile\ = mean - 1.645*\sigma[/tex]  

[tex]95th\ percentile\ = mean + 1.645*\sigma[/tex]

Therefore

[tex](95th\ percentile\ - 5th\ percentile) = 2*(1.645*SD).[/tex]

[tex]\sigma=(95th\ percentile\ - 5th\ percentile)/3.29[/tex]

[tex]\sigma=\frac{142-42}{3.29}[/tex]

[tex]\sigma=30.3951.[/tex]

2
Draw all the lines of symmetry on a diagram of a regular:
a
hexagon
b
heptagon
с
Octagon​

Answers

Answer:

hi ahmm.i want to say that it is to draw I thought it is a question but it is actually to draw so u should draw this all shapes

[tex]f(x)=\sqrt(x) \\ g(x)=\sqrt((4)/(5)x)[/tex]

Identify a horizontal or vertical stretch or compression of the function f(x)=\sqrt(x) by observing the equation of the function g(x)=\sqrt((4)/(5)x)

A. A vertical compression by a factor of 5/4
B. A horizontal compression by a factor of 5/4
C. A horizontal stretch by a factor of 5/4
D. A vertical stretch by a factor of 5/4

Answers

9514 1404 393

Answer:

  C. A horizontal stretch by a factor of 5/4

Step-by-step explanation:

Replacing x in f(x) by kx introduces a horizontal compression by a factor of k, or a stretch by a factor of 1/k. Here, we have k=4/5, so the curve is stretched horizontally by a factor of 5/4.

Find the volume of the prism.

Answers

9514 1404 393

Answer:

  420 mm³

Step-by-step explanation:

The volume is given by the formula ...

  V = Bh

where B is the area of the triangular base, and h is the height.

The triangular base area is given by the formula ...

  A = 1/2bh

  A = 1/2(10.5 mm)(10 mm) = 52.5 mm²

Then the volume of the prism is ...

  V = (52.5 mm²)(8 mm) = 420 mm³

in induction, you look for a pattern and then form an educated guess or?

Answers

Answer:

look for a pattern then take an estimate or 'educated guess'

Step-by-step explanation:

Answer:

The answer is conjugation

Hope this helps!

Four times the sum of 5 and some number is 4. What is the number

Answers

Answer:

n = -4

Step-by-step explanation:

1. the sum of 5 and some number translates to 5 + x.

2. 5 + x is getting multiplied by 4, so the equation will then become 4(5 + n).

3. This entire equation is equal to 4, which we can see where the problem says "is four". In other words, four times the sum of 5 + n is equal to 4. 4(5 + n) = 4

4. Now you can solve the equation. When solved, the answer is n = -4

A $7,000 principal is invested in two accounts, one earning 1% interest and another
earning 5% interest. If the total interest for the year is $202, then how much is invested
in each account?
$
at 1% interest
$
at 5% interest

Answers

9514 1404 393

Answer:

$3700 at 1%$3300 at 5%

Step-by-step explanation:

For "mixture" problems, I like to let the variable represent the amount of the largest contributor. Here, we can let x represent the amount invested at 5%. Then the amount invested at 1% is (7000-x). The total interest earned is ...

  0.05x +0.01(7000 -x) = 202

  0.04x = 132 . . . . . . . . simplify, subtract 70

  x = 3300

  (7000 -x) = 7000 -3300 = 3700 . . . . at 1%

$3700 was invested at 1% interest.

$3300 was invested at 5% interest.

Please help and find and explain Claire’s Mistake

Answers

Mark brainliest please

Answer is : Mistake is in step 1

It should be 4 * 10^ 3/ 4* 10^-5

So answer is 1* 10^8

what is congruent angle?

Answers

Answer:

Congruent angles have the same angle measure. For example, a regular pentagon has five sides and five angles, and each angle is 108 degrees. Regardless of the size or scale of a regular polygon, the angles will always be congruent.

Answer:

Congruent angles have the same angle measure. For example, a regular pentagon has five sides and five angles, and each angle is 180 degrees. Regardless of the size or scale of a regular polygon, the angle will always be congruent..

how can i solve the following
4(5x-2) = 2(9x + 3

Answers

20x-18x=6+8
2x=14
X=7
Answer

what is 300+45-9x2+22-1+2

Answers

Answer:

350

Step-by-step explanation:

Use PEMDAS.

[tex]300+45-9*2+22-1+2[/tex]

300+45-18+22-1+2

345-18+22-1+2

327+22-1+2

349-1+2

348+2

350

A local dealership provides you with statistics that show the number of each color car they sold last year along with the percentages that those sales represented relative to their inventory for that color car.

For each color, how many cars did the dealership have in its inventory before they started selling them?

Answers

Answer:

red: 20

white: 30

black: 25

silver: 40

other: 12

Step-by-step explanation:

To find the original number of cars per color in the inventory, divide the sold number of cars by the percent of the inventory.

red: 20 = 10/0.5

white: 30 = 21/0.7

black: 25 = 19/0.76

silver: 40 = 10/0.25

other: 12 = 4/0.33

who is the president of Uganda​

Answers

Who is the president of Uganda?

Answer: Yoweri Museveni

☆彡Hanna
Yoweri Museveni is the president of Uganda

What is the exponent for x when the radical 18 is simplified completely?

Answers

Answer:

x⁶

Step-by-step explanation:

[tex]\sqrt[3]{x^{18}}=x^{18/3}= x^6[/tex]

An orthocenter is the intersection of three.....?

Answers

Answer:

i don't get it

Step-by-step explanation:

Answer: An orthocenter is the intersection of three: Altitudes in a triangle.

Step-by-step explanation:

Altitude--

An altitude is a line segment that originates from a vertex and is perpendicular to the line segment opposite to that vertex.

Orthocenter--

An orthocenter of a triangle is a point where the three altitudes of a triangle meet or intersect.In  a right angled triangle the orthocenter is the vertex of the triangle where the right angle is formed.

Can someone answer these questions for me? (Questions are in the picture)

Answers

1. (2/3)

2. (7/12)

3. (4/21)

To divide fractions all you have to do is take a dividend, the first number, and multiply it by the inverse of the divisor, which is the second number.
1 is A
2 is c
3 is B

You decide to work out your weekly pay by using the following formula:

p = 5hr
p is weekly pay
h is hours worked
r is rate of pay per hour
This week you worked 8 hours a day, for 5 days, at an hourly rate $6.88.
How much did you earn? $

Answers

Answer:

p = 5(8)(6.88)

p = $275.20

Choose the linear inequality that describes the graph the grey area represents the shaded region

Answers

Answer:

Explain to me how you expect anyone to do this,

as you haven't provided the graph or the inequalities.

Step-by-step explanation:

If you use 128m of fencing, what is the largest possible rectangular area you can enclose? What is
the smallest? (Assume all lengths are whole numbers.)

Answers

9514 1404 393

Answer:

largest: 1024 m²smallest: 0 m²

Step-by-step explanation:

The largest rectangular area with a given perimeter is a square. Each side of the square will be 1/4 of the fence, or 32 m.

The largest enclosed area is (32 m)² = 1024 m².

__

The smallest area will be that of an enclosure consisting of a double-row of fence: 64 m long and 0 m wide.

The smallest enclosed area is (64 m)(0 m) = 0 m².

_____

"Whole numbers" include zero. If you want the lengths to be Natural numbers, then the smallest area will be 63 m long and 1 m wide, or 63 m².

Find y if the distance between
points P and R is 25 and point R
is located in the first quadrant.
p= (3,-18) r=(10,y)

Answers

Answer:

y = 6

Step-by-step explanation:

[tex]\sqrt{(10-3)^2 + (y+18)^2} = 25 \\ 49 + y^2 + 324 + 36y = 625 \\[/tex]

y^2 + 36y - 252 = 0

(y-6)(y+42) = 0

y = 6 (accettable)

y = -42 (not accettable)

Solve the inequality.
|6p+3|>15
A p<2 or p>−3
B p>−2 or p<3
C p<−2 or p>3
D p>2 or p<−3

Answers

Step-by-step explanation:

|6p + 3| > 15

6p = 15 - 3

6p = 12

divide both sides by 6

6p÷6 = 12 ÷ 6

p = 2

hence, p >2 or p < - 3

What is the true solution to In 20+ In 5= 2 In x?
x=5. A
X= 10 b
X=50 c
X= 100 d

Answers

ln(20) + ln(5) = 2 ln(x)

ln(20×5) = ln(x ²)

ln(100) = ln(x ²)

100 = x ²

x = 10

The camping group has 24 ppl in all 21 out of 24 would like a s’more it takes 1 min and 30 sec to make each one if two ppl are making them at the same time how long will it take to make one for each person

Answers

Answer:

16 minute 30 seconds

Step-by-step explanation:

1 minute 30 seconds = 1.5 minutes

1.5 x 21 = 31.5 minutes

One person will make 10, one person makes 11.

11

11× 1.5 = 16.5

10× 1.5 = 15

16.5 is the answer

16.5 is the number that would be the correct answer to your question

Please solve for angle C

Answers

Answer:

29

Step-by-step explanation:

tan c = opposite / adjacent

c = tan -1 (25/45) = 29

Answer:

Step-by-step explanation:

tan C = opp/adj

sin C = 25/45

sin C = 0.5556

C = sin^-1 0.5556

= 33.75

What percent of 0.2 gram of 32 mg

Answers

Answer:

625

Step-by-step explanation:

First, you have to convert 0.2 grams to mg.  To do this, multiply 0.2 by 1000.  This yield 200.  Now 200 is what percent of 32.  

200 * 100 / 32

= 625

which term in the quotient of this expression contains an error?

Answers

Answer:

The + 78 :-  it should be + 60.

Step-by-step explanation:

Long division:-

x - 3 )4x^4 - 6x^3 + 0x^2 + 6x + 3 ( 4x^3 + 6x^2 + 18x + 60 <--- Quotient.

         4x^4 - 12x^3

                      6x^3 + 0x^2

                       6x^2 - 18x^2

                                   18x^2 + 6x

                                    18x^2 - 54x

                                                 60x + 3

                                                  60x - 180

                                                              183

Watch help video
In the diagram below of triangle MNO, P is the midpoint of MO and Q is the
midpoint of NO.If PQ = 49 – 8x, and MN = 41 + 3x, what is the measure of
MN?
O
N
P
M M

Answers

Answer:

MN = 50

Step-by-step explanation:

Given:

PQ = 49 – 8x

MN = 41 + 3x

Required:

Measure of MN

Solution:

PQ = ½(MN) => Mid-segment theorem of a triangle

Substitute

49 - 8x = ½(41 + 3x)

Multiply both sides by 2

2(49 - 8x) = 41 + 3x

98 - 16x = 41 + 3x

Collect like terms

98 - 41 = 16x + 3x

57 = 19x

57/19 = 19x/19

3 = x

x = 3

Find MN:

MN = 41 + 3x

Plug in the value of x

MN = 41 + 3(3) = 41 + 9

MN = 50

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