Mathematics, 20.05.2021 18:00 jordandabrat

Use Simple Interest, Compound Interest, or the Rule of 72 for the following problems. You have a 401(k) account earning 7% interest compounded monthly for 30 years.
You started out with $2,000 in the account and contribute an extra $100 each compounding period.
What will be your balance when you retire at 62 years old?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:30, mikisims

To which sets of numbers does -12 belong? choose all answers that are correct. a) natural numbers b) integers c) real numbers d) irrational numbers

Answers: 2

continue

Mathematics, 21.06.2019 20:30, jon3232

If rt is greater than ba, which statement must be true ?

Answers: 1

continue

Mathematics, 21.06.2019 21:30, lainnn974

Questions 7-8. use the following table to answer. year 2006 2007 2008 2009 2010 2011 2012 2013 cpi 201.6 207.342 215.303 214.537 218.056 224.939 229.594 232.957 7. suppose you bought a house in 2006 for $120,000. use the table above to calculate the 2013 value adjusted for inflation. (round to the nearest whole number) 8. suppose you bought a house in 2013 for $90,000. use the table above to calculate the 2006 value adjusted for inflation. (round to the nearest whole number)

Answers: 3

continue

Mathematics, 21.06.2019 22:20, ineedhelp2285

The figure shows triangle def and line segment bc, which is parallel to ef: triangle def has a point b on side de and point c on side df. the line bc is parallel to the line ef. part a: is triangle def similar to triangle dbc? explain using what you know about triangle similarity. part b: which line segment on triangle dbc corresponds to line segment ef? explain your answer. part c: which angle on triangle dbc corresponds to angle f? explain your answer. asap

Answers: 3

continue

You know the right answer?

Use Simple Interest, Compound Interest, or the Rule of 72 for the following problems. You have a 40...