Mathematics, 16.03.2020 03:08 dedrell16
Deposit $150 at the end of every month for ten years into a savings account that earns 3% compounded monthly. At the end of the ten years, transfer the accumulated money into an investment fund that earns 6% compounded quarterly, and allow the money to grow in this fund until retirement.
b. How long (in years and months) would it take to accumulate the required amount of $45,000.
c. To ensure that the amount accumulates to only $45,000 at the time of retirement, by how much should he change his monthly deposit?
Answers: 3
Mathematics, 21.06.2019 14:00, chocolate1294
The revenue generated by a bakery over x months, in thousands of dollars, is given by the function f(x) = 2(1.2)* the cost of running the bakery forx months, in thousands of dollars, is given by the function g(x) = 2x + 1.4determine the equation for h if h(x) = f(x) - g(x).oa. m(x) = (1-2)*-x-07b.(x) = 2(1 2 - 2x -0.7)h(x) = -2((1.2) + x + 0.7)d. h(x) = 2((12) - x-0.7)
Answers: 1
Mathematics, 21.06.2019 18:50, karen718
Abag contains 4 red, 7 blue and 5 yellow marbles. event a is defined as drawing a yellow marble on the first draw and event b is defined as drawing a blue marble on the second draw. if two marbles are drawn from the bag, one after the other and not replaced, what is p(b|a) expressed in simplest form? a. 7/16 b. 7/15 c. 14/16 d. 14/15
Answers: 1
Deposit $150 at the end of every month for ten years into a savings account that earns 3% compounded...
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