4 pts
John makes $2,800 per month and has an opportunity to invest $150 per month at an APR of 4.5% in a 401K plan through work. He plans to retire in 30 years.
Type in the EXACT formula you would use in excel (no spaces) to find the amount in the account after he has invested for 30 years.
Using excel, what is the answer to the formula from the previous part?
How much money will he deposit into the 401K over the 30 years?
How much total interest will he earn on his 401K over the 30 years?
Answers
9514 1404 393
Answer:
=FV(4.5%/12,30*12,-150,0)$113,907.92$54,000$59,907.92Step-by-step explanation:
We have used the formula shown in Go.ogle Sheets to give the results shown. (We presume Excel has a similar function.)
The result is that the future value of the investment is $113,907.92.
The amount deposited is ($150/mo)(12 mo/yr)(30 yr) = $54,000.
The interest earned is the difference: $113,907.92 -54,000 = $59,907.92.
Related Questions
A town recently dismissed 10 employees in order to meet their new budget reductions. The town had 7 employees over 50 years of age and 18 under 50. If the dismissed employees were selected at random, what is the probability that exactly 5 employees were over 50
Answers
Answer:
0.055 = 5.5% probability that exactly 5 employees were over 50.
Step-by-step explanation:
The employees are dismissed from the sample without replacement, which means that the hypergeometric distribution is used to solve this question.
Hypergeometric distribution:
The probability of x successes is given by the following formula:
[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]
In which:
x is the number of successes.
N is the size of the population.
n is the size of the sample.
k is the total number of desired outcomes.
Combinations formula:
[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.
[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]
In this question:
Total of 7 + 18 = 25 employees, which means that [tex]N = 25[/tex]
7 over 50, which means that [tex]k = 7[/tex]
10 were dismissed, which means that [tex]n = 10[/tex]
What is the probability that exactly 5 employees were over 50?
This is P(X = 5). So
[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]
[tex]P(X = 5) = h(5,25,10,7) = \frac{C_{7,5}*C_{18,5}}{C_{25,10}} = 0.055[/tex]
0.055 = 5.5% probability that exactly 5 employees were over 50.
(12 1/3 * 2) + (10 3/4 * 2)
Answers
Answer:
[tex](12\frac{1}{3} *2)+(10\frac{3}{4} *2)\\\\=(\frac{12(3)+1}{3} *2)+(\frac{10(4)+3}{4} *2)\\\\=\frac{37*2}{3} +\frac{43*2}{4} \\\\=\frac{74}{3} +\frac{86}{4} \\\\=\frac{74(4)+86(3)}{3*4} \\\\=\frac{296+258}{12} \\\\=\frac{554}{12}[/tex]
Riley wants to buy a car and has a choice between two different banks. One bank is offering a simple interest rate of 4.5% and the other bank is offering a rate of 4.5% compounded annually. Which is the better deal?
Answers
let's assume he puts 10,000 in each account, and he is saving for 10 years.
the account that gives him simple interest will give him .045 * 10,000 * 10 = 4500 in interest, which gives him a total of 14,500 at the end of 10 years.
the account that gives him annual compound interest will give him 10,000 * 1.045 ^ 10 = 15,529.69422 at the end of the 10 years.
the difference is that he is earning interest on his interest in the annual compound account, while he is only earning interest on his principal in the simple interest account.
Hope this helps. Good luck !!
Does the point (0, 0) satisfy the equation y = x2?
Answers
Answer:
The point is a solution
Step-by-step explanation:
y = x^2
Substitute the point into the equation and see if it is true
0 = 0^2
0=0
True
write √3 x √6 in the form b√2 where b is an integer
Answers
Answer:
[tex]3 \sqrt{2} [/tex]
Step-by-step explanation:
[tex] \sqrt{(9 \times 2)} [/tex]
Take the square root of 9 out of the square root and leave the 2 in.
Answer:
3[tex]\sqrt{2}[/tex]
Step-by-step explanation:
Using the rules of radicals
[tex]\sqrt{a}[/tex] × [tex]\sqrt{b}[/tex] ⇔ [tex]\sqrt{ab}[/tex] , then
[tex]\sqrt{3}[/tex] × [tex]\sqrt{6}[/tex]
= [tex]\sqrt{3(6)}[/tex]
= [tex]\sqrt{18}[/tex]
= [tex]\sqrt{9(2)}[/tex]
= [tex]\sqrt{9}[/tex] × [tex]\sqrt{2}[/tex]
= 3[tex]\sqrt{2}[/tex]
A ladder leans against the side of the a house. The ladder is 19 feet long and forms an angle of elevation of 75 degree when leaned against the house. How far away from the house is the ladder? Round your answer to the nearest tenth.
Answers
=============================================================
Explanation:
Focus entirely on the triangle on the right side. The other parts of the drawing are not necessary. In my opinion, they are distracting filler.
Refer to the diagram below.
We have an unknown adjacent side, let's call it x, that's along the horizontal part of the triangle.
The hypotenuse however is known and it is 19 ft
We use the cosine ratio to tie the two sides together
cos(angle) = adjacent/hypotenuse
cos(75) = x/19
19*cos(75) = x
x = 19*cos(75)
x = 4.9175618569479 which is approximate
x = 4.9
The base of the ladder is roughly 4.9 feet away from the base of the house.
Side note: make sure your calculator is in degree mode.
❤✔
PLEASE HELP ME MAKE SURE YOUR ANSWER IS RIGHT BEFORE ANSWERING
Answers
Answer:
Always. Always.
Step-by-step explanation:
All circles conform to the same equations such as using pie to calculate circumference. Unlike a rectangle, for example, all ratios used in a circle are the same.
Find the Perimeter of the figure below, in inches
Answers
Answer:
117.8 in.
Step-by-step explanation:
To find the perimeter, add all the side lengths together. If we do that, we get 117.8 in, which is the answer.
9. Which is a true statement about the denominator in a fraction?
(Select one answer)
It is always a negative number
It cannot be 0
It has to be an even number
It is always smaller than the numerator
Answers
Answer:
It cannot be 0
Step-by-step explanation:
it can also be positive number :2/4
it can be odd number too:3/9
it is bigger than numerator bcoz we have to divide it for numerator
So, 0 number cannot be put as denominator in fraction is true statement
The angles in a triangle are represented by x, x+10, and x+50. What is the measure of the largest angle?
A.70 degrees
B.80 degrees
C.100 degrees
D.90 degrees
Answers
Answer:
90
Step-by-step explanation:
The sum of the angles of a triangle is 180 degrees
x+x+10 +x+50 = 180
3x+60= 180
3x = 180-60
3x = 120
Divide by 3
3x/3 = 120/3
x = 40
The largest angle is
x+50
40+50 = 90
We have to,
find the measure of the largest angle.
Given that,
The angles in a triangle are represented by x, x+10, and x+50.
Let's start to solve,
→ x+ (x+10) + (x+50) = 180°
→ x + x + x = 180° (-50-10)
→ 3x = 180° -60
→ 3x = 120
→ x = 120/3
→ [x = 40°]
Then the value of x + 10,
→ x + 10
→ 40 + 10
→ 50°
Then the value of x + 50,
→ x + 50
→ 40 + 50
→ 90°
The measure of the largest angle is,
→ D. 90 degrees
Thus, option (D) is the correct answer.
The average monthly salary of a worker is ₹8200. If there are 45 workers in a factory, then total expenditureincurred on expenditure is:
Answers
Answer: [tex]Rs.3,69,000[/tex]
Step-by-step explanation:
Given
average monthly salary of a worker is [tex]Rs.8200[/tex]
If there are 45 workers in a factory
Total expenditure is calculated by taking the product of Average monthly salary and no of workers in the factory
[tex]\Rightarrow 8200\times 45\\\Rightarrow Rs.3,69,000[/tex]
35. Graph the following system of equations and find the x-coordinate of the solution.
3x+ 3y=3
Y=-1/2x+2
x=2
x= -2
X = 3
x=0
Answers
9514 1404 393
Answer:
(b) x = -2
Step-by-step explanation:
The graph shows the lines intersect at (x, y) = (-2, 3).
The x-coordinate of the solution is x = -2.
1. In 2020, the populations of City A and City B were equal. From 2015 to 2020, the population of City A increased by 20% and the population of City B decreased by 10%. If the population of City A was 120,000 in 2015, what is the population of City B in 2015?
2. A chef is preparing a sauce for a steak she offers as a key dish in her menu. To prepare the sauce she needs to prepare a mix with 40% butter, with the rest being egg yolk. In the kitchen right now, she only has a sauce that has 20% butter (rest is egg yolk) and a sauce that has 50% butter (rest is egg yolk) in stock. In what ratio should she mix the 20% sauce with the 50% sauce in order to obtain the 40% sauce that she needs to prepare her famous recipe?
3. A book was on sale for 30% off its original price. If the sale price of the book was $28, what was the original price of the book? (Assuming there is no sales tax)
4. At a retail store, they needed to do surveys of 32 stores which equals 40% of all their stores. How many stores does the retailer have in total?*
Answers
Answer:
180000 people
1 : 2
$40
80 stores
Step-by-step explanation:
1.)
Population in 2020 are equal : Let population =
City A increased by 20% From 120,000 in 2015
(1 + 0.2) * 120,000 = (1.2 * 120,000) = 144,000
Hence, city A = 144,000.
Since, city A and B have equal population ; city B also has a population of 144000 in 2020.
Let population in 2015 = x
(1 - 0.2) * x = 144000
0.8x = 144000
x = 144000/0.8
x = 180,000
2.)
Let proportion of 20% butter = x and proportion of 50% butter = 1 - x
0.2x + 0.5(1 - x) = 0.4
0.2x + 0.5 - 0.5x = 0.4
-0.3x + 0.5 = 0.4
-0.3x = 0.4 - 0.5
-0.3x = - 0.1
x = 0.1/0.3
x = 0.3333
(1-x) = 1 - 0.33333 = 0.6666%
0.3333% of 20% butter
0.6666% of 50% butter
Hence ;
0.3333 : 0.6666
1 : 2
3.)
Let original price of book = x
Discount on sale = 30%
Sale price = $28
Sale price = original price * (1 - discount)
$28 = (1 - 0.3) * x
$28 = 0.7x
x = $28/0.7
x = $40
4.)
Let total number of stores = x
Store surveys needed = 32
40% of total stores = 32 stores
0.4x = 32
x = 32 / 0.4
x = 80
Find the intersection of the parabola y=-2x^2-4x+2 and the line -6x+y=14
Answers
Answer:
(-2,2) and (-3,-4)
Step-by-step explanation:
by graphing the line and parabola, you should get this graph
Oil leaked from a tank at a rate of r(t) liters per hour. The rate decreased as time passed, and values of the rate at two hour time intervals are shown in the table. Find lower and upper estimates for the total amount of oil that leaked out.
t (h) 0 2 4 6 8 10
r(t) (L/h) 8.8 7.6 6.8 6.2 5.7 5.3
V=_____ upper estimate
V= ______lower estimate
Answers
The exact amount of oil that leaks out for 0 ≤ t ≤ 10 is given by the integral,
[tex]\displaystyle\int_0^{10}r(t)\,\mathrm dt[/tex]
Then the upper and lower estimates of this integral correspond to the upper and lower Riemann/Darboux sums. Since r(t) is said to be decreasing, this means that the upper estimate corresponds to the left-endpoint Riemann sum, while the lower estimate would correspond to the right-endpoint sum.
So you have
• upper estimate:
(8.8 L/h) (2 h - 0 h) + (7.6 L/h) (4 h - 2h) + (6.8 L/h) (6 h - 4h) + (6.2 L/h) (8 h - 6h) + (5.7 L/h) (10 h - 8 h)
= (2 h) (8.8 + 7.6 + 6.8 + 6.2 + 5.7) L/h)
= 70.2 L
• lower estimate:
(7.6 L/h) (2 h - 0 h) + (6.8 L/h) (4 h - 2h) + (6.2 L/h) (6 h - 4h) + (5.7 L/h) (8 h - 6h) + (5.3 L/h) (10 h - 8 h)
= (2 h) (7.6 + 6.8 + 6.2 + 5.7 + 5.3) L/h)
= 63.2 L
Find the interest on the loan using the Banker's rule. P= $8550. r=8.8%, t= 105 days The interest on the loan using the Banker's rule is $
Answers
Find the slope, if it exists, of the line containing the points (10,-3) and (10,-8).
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
m=
Answers
Answer:
The slope is undefined.
Step-by-step explanation:
The line must pass through the points (10,-3) and (10,-8), meaning that it must be vertical. The slope of a line is undefined if the line is vertical.
What is the surface area of the composite figure?
Answers
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Answer:
382 cm²
Step-by-step explanation:
The side facing is a trapezoid with bases 8 and 14 cm, and height 7 cm. Its area is ...
A = 1/2(b1 +b2)h
A = (1/2)(8 +14)(7) = 77 . . . . cm²
The perimeter of the face is ...
7 cm + 8 cm + 9 cm + 14 cm = 38 cm
The total surface area is the sum of the lateral area and the base area.
SA = LA + BA
SA = (38 cm)(6 cm) + 2×(77 cm²) = 228 cm² + 154 cm²
SA = 382 cm²
The surface area of the composite figure is 382 square centimeters.
_____
Additional comment
The lateral area is the width of a rectangular face (6 cm) times the total of all of the lengths of those faces. That total is the perimeter of the trapezoidal base (38 cm).
There are two trapezoidal bases that contribute area. The first calculation figured the area of one of them.
Question 1
The perfect square among the following options is
8
Say
27
216
256
Answers
Answer:
217 is the perfect swuare i think
Need Help this is due in 30 minutes!
Answers
Answer:
E
Step-by-step explanation:
Since all the numbers are hundredths decimals, let multiply by the power of 2 of the base 10. So let multiply the equation by
[tex]10 {}^{2} [/tex]
So our new equation is
[tex]3 3{x}^{2} + 71x - 14 = 0[/tex]
Solve by AC method
[tex]ac = - 462[/tex]
[tex]b = 71[/tex]
We must think of two numbers that
Multiply to -462 and Add to 71. Set up equation
The numbers are 77 and -6.
So our new equation is
[tex] {33x}^{2} + 77x - 6x - 14 = 0[/tex]
Solve by factoring by grouping
[tex](33 {x}^{2} + 77x) - (6x - 14)[/tex]
Factor out 11 for the first equation
[tex]11x(3x + 7) - 2(3x + 7)[/tex]
So our factors are
[tex](11x - 2)(3x + 7)[/tex]
Set each equal to zero
[tex]11x - 2 = 0[/tex]
[tex]11x = 2[/tex]
[tex]x = \frac{2}{11} [/tex]
[tex]3x + 7 = [/tex]
[tex]3x = - 7[/tex]
[tex]x = \frac{ - 7}{3} [/tex]
In this problem, y = 1/(1 + c1e−x) is a one-parameter family of solutions of the first-order DE y' = y − y2. Find a solution of the first-order IVP consisting of this differential equation and the given initial condition. y(0)=-1/3
Answers
If y (0) = -1/3, then
-1/3 = 1 / (1 + C e ⁻⁰)
Solve for C :
-1/3 = 1 / (1 + C )
-3 = 1 + C
C = -4
So the particular solution to the DE that satisfies the given initial condition is
[tex]\boxed{y=\dfrac1{1-4e^{-x}}}[/tex]
PLEASE HELP AND BE CORRECT BEFORE ANSWERING PLEASE AND THANK YOU
Answers
9514 1404 393
Answer:
6 units
Step-by-step explanation:
The dilation factor is 2, so the length of A'B' will be 2 times the length of AB.
AB can be seen to be 3 units, so A'B' will be 2×3 = 6 units.
help
The points (63, 121), (71, 180), (67, 140), (65, 108), and (72, 165) give the weight in pounds as a function of height in inches for 5 students in
a class. Give the points for these students that represent height as a function of weight
{(121, 63), (180, 71), (140, 67), (108, 65), (165, 72)}
{(121, 140), (180, 71), (140, 67), (108, 65), (165, 72);
{(121, 71), (180, 63), (140, 67), (108, 65), (165, 72)}
{(63, 121), (71, 180), (67, 140), 65, 108), (72, 165))
Answers
Answer:
{(121, 63), (180, 71), (140, 67), (108, 65), (165, 72)}
Step-by-step explanation:
We have:
Weight as a function of height.
Give the points for these students that represent height as a function of weight:
Inverse of the input, that is, in the (x,y) format, (x,y) -> (y,x), the coordinates are exchanged, and thus, the correct option is:
{(121, 63), (180, 71), (140, 67), (108, 65), (165, 72)}
20 points Surd question Work out the area of the triangle. ABC
Answers
Answer:
sqrt( 150)
Step-by-step explanation:
it can also be 5sqrt(6)
The solution is, the area of the triangle. ABC is 10 cm^2.
What is area ?Area is the measure of a region's size on a surface. The area of a plane region or plane area refers to the area of a shape or planar lamina, while surface area refers to the area of an open surface or the boundary of a three-dimensional object.
here, we have,
from the given diagram, we get,
we have to find the area of the triangle. ABC
now, we have,
using the Pythagorean theorem, we get,
BD = √AB² - AD²
=√50 - 45
=√5
now, we know that,
area of triangle = 1/2 * base * height
= 1/2 * √5 * 4√5
= 10
Hence, The solution is, the area of the triangle. ABC is 10 cm^2.
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Find the equation of line b in slope-intercept form. Line a is parallel to line b. Line a passes through the points (1,8) and (2,-1), line b passes through the point (4,13)
Answers
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Answer:
y = -9x +49
Step-by-step explanation:
The slope of line b is the same as the slope of line a. That can be found using the slope formula:
m = (y2 -y1)/(x2 -x1)
m = (-1 -8)/(2 -1) = -9
The y-intercept can be found from the given point using the formula ...
b = y - mx
b = 13 -(-9)(4) = 13 +36 = 49
Then the slope-intercept equation of line b is ...
y = -9x +49
HELP. Need help on this
Answers
Answer:
what are the answers
Step-by-step explanation:
Which expression is equivalent to 27 + 45?
Answers
Answer:
8 x 9
Have a nice day!
Which expression represents the total volume of the pictures shown if each cube has a side length of e?
Answers
Answer: I believe that you have to do e^3 to find the volume of a cube.
If you had the side, you would do a^3 (a stands for the side length)
Martha ran a 3-mile race in 24 minutes. how long does it take her to run 1 mile?
Answers
Answer:
8 minuets
Step-by-step explanation:
24min/3miles = 8
Answer:
8 minutes.
Step-by-step explanation:
If we divide 24 minutes by 3 miles, your answer will be 8 minutes.
A satellite orbits earth at a speed of 22100 feet per second (ft/s). Use the following facts to convert this speed to miles per hour (mph). 1 mile = 5280 ft 1 min = 60 sec 1 hour = 60 min
Answers
15,068 mi/hr
Step-by-step explanation:
[tex]22100\:\frac{\text{ft}}{\text{s}}×\frac{1\:\text{mi}}{5280\:\text{ft}}×\frac{60\:\text{s}}{1\:\text{min}}×\frac{60\:\text{min}}{1\:\text{hr}}[/tex]
[tex]=15,068\:\text{mi/hr}[/tex]
The speed of 22100 feet per second will be 15068.18 miles per hour.
What is unit conversion?Multiplication or division by a numerical factor, selection of the correct number of significant figures, and unit conversion are all steps in a multi-step procedure.
Unit conversion is the expression of the same property in a different unit of measurement. Time, for example, can be expressed in minutes rather than hours, and distance can be converted from miles to kilometres, feet, or any other length measurement.
Given that the speed of the satellite is 22100 feet per second. The speed in miles per hour will be calculated as,
22100 ft /s = ( 22100 x 3600 ) / 5280
22100 ft/s = 79560000 / 5280
22100 ft/s = 15068.18 miles per hour
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