Tom plans to build up his RRIF (Registered Retirement Income Fund) by making regular deposits into his RRSP
(Registered Retirement Savings Plan) now. When he retires 22 years from now, Tom would like to receive
$2,000 at the end of every six months for seventeen years. Assume the interest rate for both the RRSP and
RRIF will be 5.05% compounded semi-annually.
1) How much would Tom have to have in the RRIF at the beginning of his retirement to receive these payments
of $2,000 each at the end of every six months?
$
2) What payment will Tom have to regularly make now at the end of every six months into his RRSP so that
there is enough money in the RRIF at the start of his retirement?

Answers

Answer 1
The absence is 300000

Related Questions

Which one of the following statements about fractions is correct?
Question 9 options:

1/3 is an improper fraction.

9/7 is a proper fraction.

5/16 is a mixed number.

4/4 is equal to 1.

Answers

Answer:

4/4 is equal to 1 is the only one that's correct

Step-by-step explanation:

Answer:

4/4 and 1/3 are the correct statements

Find the differential of the function.
u = 3x4 + 4

Answers

Answer:

U(x)= 3+4

Step-by-step explanation:

I simplified this equation into function notation form, then simplified the 12 and 4 with the common factor of 4.

Hope this helped and have a great day,

Ginny

Answer:

14

Step-by-step explanation:

you could solve this three different ways

1. 4*3 is 12  so add 4 = 16

2. 4 squared because 4*4 = 16

3. draw 4 groups of four to get 16

(2a-1/3) / b/15 when a=-3/5 and b=-6.75

Answers

Answer:

4.148148149

Step-by-step explanation:

that's the answer

Step-by-step explanation:

2a-1/3 / b/15

[tex](2 \times \frac{ - 3}{5 } ) \div \frac{ - 6.75}{15} \\ = \frac{ - 6}{5} \times \frac{15}{ - 6.75} \\ = \frac{18}{6.75} [/tex]

$120; Markup: 35%

What's the final price? pls show how u got the answer...​

Answers

Answer: 162

Step-by-step explanation:

So you will need to find the Markup. The original cost is $120.

Divide the number by 100 is 1.2. $1.2 is 1% of the $120.Now times the number by 35. $1.2 x 35 is $42.Finally, add the number. 120 + 42 = 162.

I hope this is the answer you are looking for.


Please help me ASAP

Answers

Answer:

New points:

N: (4,-5)

X: (2,-3)

B: (-1,-4)

Step-by-step explanation:

Rotate about the origin (0,0) counter clockwise 90 degrees

Harry is paid £8.60 per hour for the first 30 hours he works each week. After 30 hours he is paid 1 and a half times the hourly rate.

Last week Harry worked 33 hours. He was also paid a bonus of 1/10 of his earnings

Calculate how much in total Harry was paid last week

Answers

Answer:

1404.81

Step-by-step explanation:

1277.1 +127.71 =  i read it wrong the first time sorry

The total amount paid to harry in past week, is 299.28.

What is amount?

Amount is the sum or the total value.

For example, if A purchase 2 kg rice at the price of 40 rs/kg, the amount will be 40×2= 80 rs.

Given that,

The amount paid to Harry for 1 hour = $8.60

Since, Harry worked for 33 hours,

So, The amount paid to Harry for 33 hours = 8.60×33=283.8

Harry gets half times more amount than hourly rate and also gets bonus for last 3 days

So for last 3 days the extra amount paid to Harry

= 3×1/2×8.60+3×1/10×8.60

= 12.9+2.58

=15.48

So the total amount paid to harry = 283.8+15.48=299.28

To know more about amount on :

https://brainly.com/question/28244711

#SPJ2

Can someone help please

Answers

Answer:

0.3 miles per hour

Step-by-step explanation:

Speed is distance divided by time so your equation is 45 divided by 150. 45 divided by 60 plus 60 plus 30 = 150 45 divided by 150= 0.3

Steve bicycles 3 mi to school everyday at 15 mph. If school starts at 8:30 am and he needs 15 min to lock his bike and get to his desk then what time should he leave his house

Answers

Answer:

8:03

Step-by-step explanation:

time=speedxdistance

t=1/15x3

t=3/15hr

t=.2hr

t=12 mins

plus 15 mins to lock up bike, 27 mins

27 mins before 8:30 is 8:03

pls mark branliest

A machine packs 180 boxes of cereal in a half-hour. It takes 55 minutes to pack 330 boxes. True or False?

Answers

Answer:

True

Step-by-step explanation:

If you divide 180 by 30 you will get 6. then 6 times 5 is 30. If you add 30 to 330 you will get 360. If you take 180 boxes for 30minutes and double. You get 360 boxes in 60minutes. If 5 minutes is 30 boxes. Subtract 30 from 360 and you get 330 in 55 minutes.

Luna is competing in a 200 m race.
She runs at a constant speed of 5.4 m/s for the first 50 m, then 4.4 m/s for 10 seconds.
The remainder of the race takes her 29 seconds to complete.
What is Luna's average speed for the entire race to 1 dp?

Answers

Answer:

24

Step-by-step explanation:

Answer:

24 in the answer

Step-by-step explanation:

x + ( -22 ) = 31
x = ?​

Answers

Answer :

x + ( -22 ) = 31

x = ?

Answer :

x = 31 - ( -22 )

x = 31 + 22 =

x = 53

x = 53 ✔️

Answer:

52

Step-by-step explanation:

x + (-21)=31

x-21=31

x=31+21

x=52

During the year 2011 season a quarterback passed for 302 yd per game he played on my 16 regular season game for that year for how many total yards did the quarterback pass

Answers

Answer:

4,832 yards

Step-by-step explanation:

302x16=

The fraction 1/16 can correctly be read as
Question 5 options:

one divided by sixteen.

sixteen divided by 1.

one sixth.

one and one sixth.

Answers

The given fraction [tex](\frac{1}{16} )[/tex] can correctly be read as one divided by sixteen.

A fraction can be defined as a numerical quantity that isn't a whole number and as such has two (2) parts.

Hence, a fraction is simply a part of a whole number.

Generally, a fraction comprises two (2) main parts and these include:

Denominator: this refers to the lower part of a fraction.Numerator: this is the upper part of a fraction.

Mathematically, a fraction is represented as:

[tex]Fraction \;A = \frac{1}{16}[/tex]

In order to read a fraction, you will start by naming the numerator (upper part) followed by the denominator (lower part).

In this scenario, the given fraction [tex](\frac{1}{16} )[/tex] can correctly be read as one divided by sixteen.

Read more: https://brainly.com/question/6201432

QUESTION
arning Page
The length of a rectangle is 3 m less than twice the width, and the area of the rectangle is 65 m². Find the dimensions of the rectangle.

Answers

Answer:

width: 6.5 mlength: 10 m

Step-by-step explanation:

Let w represent the width of the rectangle in meters. Then (2w-3) is the length. The area is the product of length and width:

  A = LW

  65 = (2w-3)(w)

  2w² -3w -65 = 0

  (2w -13)(w +5) = 0 . . . . . . . factor

  w = 6.5 . . . . . . . . the positive solution

  2(6.5) -3 = 10 . . . the length of the rectangle

The width of the rectangle is 6.5 meters; the length is 10 meters.

Question 2 (Essay Worth 10 points)
(07.02 MC)
An equation is shown below:
3(2x - 7) = 3
Part A: How many solutions does this equation have? (4 points)
Part B: What are the solutions to this equation? Show your work. (6 points)
ses
GE
22 23
Source
VG
B I
US
IX
SE
E
Styles
Format

Answers

Answer:

Part A: 1 solution

Part B:

3(2x-7)=3

6x-21=3

  +21  +21

6x=24

/6    /6

x=4

X=24

Step-by-step explanation:

First you distribute 3(2x-7)=3 to 6x-21=3. Next you do inverse operations by adding 21 to both sides of the equation to get 6x=24. Finally you divide both sides by 6 to get x=4

Perpendicular Bisector Theorem

Answers

A perpendicular bisector of a line segment is a line which divides the line segment into two equal parts. So here, PS = PQ

=》 PS = 3a

=》 PQ = a + 16

PS = PQ

3a = a + 16

3a - a = 16

2a = 16

a = 16/2

a = 8.

_______

RainbowSalt2222 ☔

Can someone please help me thank you

Answers

36 is the answer, hope this helps.

which prime number is found in between 70 and 80 and is made up of two odd digits which add up to 10

Answers

73. This adds to 10 and is prime

Answer:71

71, 73 and 79

Step-by-step explanation:

A prime number is a number that can only be divided by 1 or itself. Otherwise, it is a composite numbers.

There are three numbers between

70

and

80

that fit this criteria,

71

,

73

, and

79

Hello there can you please help y

Answers

Answer:

5x + 28 = 7x - 4

2x = -32

x = -16

The mean of 4 numbers is 40, what is the sum of the 4 numbers

Answers

Answer:

the sum of 4 numbers is 160

Step-by-step explanation:

Let 4 numbers be a, b, c, d

Mean of those 4 numbers is: (a+b+c+d) : 4 = 40

So the sum of 4 numbers is: (a+b+c+d) = 40 x 4 = 160

=> 160 is the sum of 4 numbers

If XZ=8x-18 and RZ = 2x+5 find XR

Answers

Answer:

6x+23

Step-by-step explanation:

8x-18+2x+23

8x-2x+5+18

6x+23

Answer:

XR=19

Step-by-step explanation:

Since the entire thing of XZ equals 8x-18 and one side of the line equals 2x+5 we will need another half to get the entire thing.

8x-18=4x+10

4x=28

x=7

Now we have to plug the x in

2(7)+5

=19

Find the inequality represented by the graph

Answers

Answer:

y < 3/4 x

(We don't put another number at the end, if the y-intercept is 0, btw.)

Step-by-step explanation:

We know that the line has a positive slope, because it's going upwards to the right.

(We can use rise/run to determine the exact slope: Just go up 3 units and to the right 4 units, starting from the first point. Now we know the slope is 3/4).

Further more we know that the y-intercept is 0, because that's the point in which the line crosses the y-axis.

We also know that since the line is dotted, the sign will be either < or >.

And the shaded area below indictes that y is lesser than, meaning we use this sign <.

Hope this helps you :)

Theresa Morgan, a chemist, has a 30% hydrochloric acid solution and a 55% hydrochloric acid solution. How many liters of each should she mix to get 437.5 liters of a hydrochloric acid solution with a 45% acid concentration?

Answers

Answer:

Step-by-step explanation:

30F + 55S = 45(437.5)

30F + 55S = 19687.5

30F = 19687.5 - 55S

F = (19687.5 - 55S) / 30

30((19687.5 - 55S) / 30) + 55S = 19687.5

S = 0 (30%)

F = (19687.5 - 55S) / 30 (55%)

b. During two years of college, a student earned $12,000. The second year she earned $500
more than twice the amount she earned the first year. How much did she earn the first
year?

Answers

Answer:

6000 dollars duhhhhhhhhhhhh

1.25 is closer to 1.04 or not ?
plz heelp

Answers

Answer:

Yes 1.25 is closer to 1.04

Step-by-step explanation:

Hope this helps!

Answer:

1.25 is not closer to 1.04 because it's like, 1 dollar and 4 cents; compared to 1 dollar and 25 cents. Obviously 25 cents is more than 4 cents.

1.25 rounded:

1.30

1.04 rounded:

1.00

A store manager is marking down cameras from $300 to $150. What percentage is the discount?

Write your answer using a percent sign (%).

Answers

Answer:

the discount is 50% the previous price

100.000.000x30

Kaçtır?

Answers

Answer:

the answer is 3000000000

La función de costos para una compañía es C=125q + 13500 y su punto de equilibrio es q=270. Plantear la función de Utilidad

Answers

Based on the information given, the total cost incurred based on the equation given as C= 125q + 13500 will be 47250.

From the information given, the cost function is given as C=125q + 13500 while the value of q is given as 270. Therefore, on order to find the cost, we'll slot in the value of q into the equation given. This will be:

C=125q + 13500

C = 125(270) + 13500

C = 33750 + 13500

C = 47250

In conclusion, the cost is 47250.

Read related link on:

https://brainly.com/question/25441033

Dina and masha started out on a 12 mi bike path at the same time. when dina reached the end of the 12 mi, masha still had 4 mi left to bike. if dina's biking speed is 10 mph, find masha's biking speed. HELP NOWWW

Answers

Answer:

Dina took 12/8 = 3/2 hrs

So, if Masha's speed was x

3/2 x = 12-3

x = 6 mi/hr

Answer:

Step-by-step explanation:

Dina finished in a time of

12 mi / 10 mi/hr = 1.2 hr  

Masha's speed is (12 - 4 mi) / 1.2 hr = 6⅔ mph

Give an example of a function.
example:
Input 9 9 4 5 and output: 3 -3 2 -2

give examples plz
I will make the brainliest. ​

Answers

Jhhdcc C ffvtt he fhhjjmncfhnbcfgbnbvgghmnbjkmn
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