1. Devon is young and has just graduated college with her associate's degree. She plans to start saving money for retirement as soon as she starts her new job. By taking 10% of her monthly gross income, Devon is able to contribute (a) $ $587 each month to a retirement plan. The account is expected to earn interest with an APR of 5.25% compounded monthly. Round answers to two decimal places. How much money will be in Devon's retirement account if she continues to make the same monthly investment for 40 years​

Answers

Answer 1

Using the future value formula, it is found that $546,148,903,191,724.25 will be in Devon's account.

What is the future value formula?

It is given by:

[tex]V(n) = P\left[\frac{(1 + r)^{n-1}}{r}\right][/tex]

In which:

P is the payment.n is the number of payments.r is the interest rate.

In this problem, the parameters are as follows: P = 587, r = 0.0525, n = 40 x 12 = 480.

Hence:

[tex]V(n) = P\left[\frac{(1 + r)^{n-1}}{r}\right][/tex]

[tex]V(480) = 587\left[\frac{(1 + 0.0525)^{480-1}}{0.0525}\right][/tex]

[tex]V(480) = 546,148,903,191,724.25[/tex]

$546,148,903,191,724.25 will be in Devon's account.

More can be learned about the future value formula at https://brainly.com/question/5025949


Related Questions

to prepare for a party, Mark buys a small bunch of balloons for $6 and gift bags that cost $5.15 each. he spends a total of $72.95 on the balloons and a gift bag for each person he invited to his party- what is the number of person he invited?

Answers

Answer:

p=13

Step-by-step explanation:

let p = people

72.95=5.15p+6

-6

56.95=5.15

/5.15

p=13

Answer:

Equation:5.14x+6=72.95

Answer:13 people

Step-by-step explanation:

5.15x+6=72.95

-6 on both sides

5.15x=72.95

divide by 5.15 on both sides

x=13 people

Which Box-and-Whisker Plot below correctly illustrates the data shown below? {30, 22, 22, 27, 28, 23, 24, 25, 26, 23} A. B. C. D.

Answers

The box-and-whisker plot that illustrates the given data set is shown in the image below (see attachment).

What is a Box-and-Whisker Plot?

A box-and-whisker plot consists of the following values of a data set: min, max, lower quartile, median, and upper quartile..

Given the data set, 30, 22, 22, 27, 28, 23, 24, 25, 26, 23, the five-number summary for the box-and-whisker plot would be:

Minimum: 22 Quartile Q1: 22.75 Median: 24.5 Quartile Q3: 27.25 Maximum: 30

Therefore, the box-and-whisker plot that illustrates the given data set is shown in the image below (see attachment).

Learn more about box-and-whisker plot on:

https://brainly.com/question/12343132

Answer:

the answer is d look at this picture for proofs

your favorite cookie use 2 1/2 cups of flour per batch you use 7 cups how many batches did you make​

Answers

Number of cups used for making one batch of cookie :-

[tex] = 2 \frac{1}{2} \: cups[/tex]

Number of cups of flour I use = 7

number of batches of cookie I make :-

[tex] = 7 \div 2\frac{1}{2}[/tex]

[tex] = \frac{7}{1} \div \frac{(2 \times 2 + 1)}{2} [/tex]

[tex] = \frac{7}{1} \div \frac{5}{2} [/tex]

[tex] = \frac{7}{1} \times \frac{2}{5} [/tex]

[tex] = \frac{14}{5} [/tex]

[tex] = 2\frac{4}{5} \: batches[/tex]

Therefore , I have made :-

[tex]2 \frac{4}{5} \: batches \: of \: cookies[/tex]

I've got a question I think I've got right. Want to be sure tho

Answers

Answer: Choice B is correct

Explanation:

Theoretically, we expect "6" to show up once every 6 rolls assuming we have a fair die. So about 1/6 = 0.17 = 17% of the time.

The table on the other hand shows "6" showing up 14 times out of 100 to get an experimental probability of 14/100 = 0.14 = 14% which is 3 percentage points less than the theoretical estimate.

Answer:

Yes, you've got it correct.

Step-by-step explanation:

What fraction of the Y10 students are girls? Give your answer in its simplest form.

Answers

Answer:

117/234 Whch is Y10 Girls/ All Y10 Students.

24. Who spent the least amount of time on
homework?

IM BEGGING YOU GUYS ANSWER ASAP TIMED ASSIGNMENT

Answers

Answer:

i would say jon

Step-by-step explanation:

because he has the highest POSITIVE number but i need more info to be certain

3. A shoe store marks up its merchandise by 8%. What was the selling price of a pair of shoes whose
wholesale price is $24.50?

(Show The Work)

Answers

Answer:

The selling price of the shoes is $26.46.

Step-by-step explanation:

Given the following question:

8% of 24.50

To find the answer we will use the formula to calculate percentages, we multiply the percentage by the cost, then we divide that answer by 100. Finally, we add that answer to the original costs of the shoes to have our answer.

[tex]\frac{p~x~n}{100}[/tex]

[tex]\frac{8~x~24.50}{100}[/tex]

8 × 24.50 = 196

196 ÷ 100 = 1.96

8 of 24.50 is 1.96

Now Add

[tex]24.50+1.96=24.46[/tex]

The selling price of the shoes are $26.46.

~Hope this helps

~If you have any questions please ask.



If 106 people attend a concert and tickets for adults cost four dollars what ticket for a children cost $3.75 and total receipt for the concert was $414 how much of each went to the concert

Answers

Answer:

A = 66 adults, C = 40 children

Step-by-step explanation:

We can set up a system of equations to find how many adults and how many children attended the concert, with A representing the adults and C representing the children:

[tex]A + C = 106\\4A+3.75C=414[/tex]

We can use the elimination method and multiply everything in the first equation by -4

[tex]-4(A+C=106)\\-4A-4C=-424\\4A+3.75C=414[/tex]

Once we add the values together, we're left with:

[tex]-0.25C = -10[/tex], where solving for C gives us C = 40

We can plug C into the first equation to find A:  [tex]A+40=106[/tex], where solving for A gives us A = 66

a teacher wants to paint a wall wit a door in a classroim. the entire wall is a 12 ft by 10 ft rectangle, and the foor is a 3ft by 8ft rectangle

Answers

Answer:

The answer is 144 square feet.

Step-by-step explanation:

if you are trying to find the sum of the room, then you multiply 10 and 12 which equals 120 then you multiply 8 and 3 and that equals 24, then you add your two answers (120+24) and that equals 144 square feet.

a mass of 37 and a kinetic energy of 925 make a graph to show details

Answers

Answer:

25

Step-by-step explanation:

Power-to-weight ratio is a calculation commonly applied to engines and mobile power sources to enable the comparison of one unit or design to another.

1 3/2 ÷ 5/2 equals what exactly

Answers

1


I googled it ‍♀️
Sorry if it’s wrong

Help me light get brainless ( math )

Answers

Since a circle measures 360 degrees, 1/360 of it would be one degree, a very "skinny" angle,so it is less than 90 degrees, (B)

A circle, when using degrees, have 360 degrees. 1/360 of a circle can be calculated by multiplying the two numbers.

[tex]\frac{1}{360}*360=1[/tex]

Therefore, the answer for the question is

1/360 of a circle measure 1 degree

standard deviation of 18, 24, 17, 21, 24, 16, 29, 18​

Answers

[tex]\frac{7\sqrt{23}}{8}\approx 4.196352583[/tex]

can someone pls help me with this i will mark brainliest

Answers

C-4 miles because he’s running from the bike
Answer: Choice B) 3 miles

You have the correct answer. Nice work.

=======================================================

Explanation:

Let's say Phil passes his brother at a sign post, and let's say the sign post is x miles into the 6 mile hike. This means 0 < x < 6.

Once Bill reaches the sign post, he turns around to walk back x miles. His faster brother Phil bikes the remaining 6-x miles to the trail end, before coming back to bike an additional 6 miles to get to the trailhead again. Phil arrives back at the same moment Bill does.

Overall, Phil travels 6-x+6 = 12-x miles in the same amount of time Bill walks back x miles. I recommend drawing out a number line diagram to see why this is the case.

-------------

For Bill, we have this equation

distance = rate*time

x = r*t

r = x/t

Phil has the equation

distance = rate*time

12-x = (3r)*t

Notice that Phil's rate is three times that of Bill. The t is the same for both brothers because they travel in the same timespan.

Plug in r = x/t and solve for x. The t variables divide and cancel.

12-x = 3*(r)*t

12-x = 3*(x/t)*t

12-x = 3x

12 = 3x+x

4x = 12

x = 12/4

x = 3

Phil passed Bill at the 3 mile marker.

This is why the answer is choice B.

The graph f(x)=x^2 was transformed to create the graph g(x)=−(3x)^2.

Which statement describes this transformation?


a reflection over the x-axis and a horizontal compression

a reflection over the y-axis and a horizontal compression

a reflection over the y-axis and a vertical compression

a reflection over the x-axis and a vertical compression

Answers

Answer:

the first one.

Step-by-step explanation:

the "-" sign simply turns everything upside-down. what was originally above the x-axis is now below it, and what was below the x-axis is now above it. hence : a reflection over the x-axis.

and 3x compared to x simply makes us race "faster" along the x-axis. we get now at x the functional value we would have gotten at 3x with the original function. so, the function graph appears compressed in the left-right (horizontal) direction compared to the original graph.

Solve 5a/7=25 the solution for a is

Answers

Answer:

35 is the answer

*multiply both sides by 7. This leaves you with 5a=175. Then divide both side by 5. Leaving you with a=35

Answer:

[tex]a=35[/tex]

Step-by-step explanation:

Given the following question:

[tex]\frac{5a}{7} =25[/tex]

To find the answer we need to isolate variable in order to find the value of a we are going to have to use inverse of operations to isolate the variable.

[tex]\frac{5a}{7} =25[/tex]
[tex]7\times0=0[/tex]
[tex]25\times7=175[/tex]
[tex]5a=175[/tex]
[tex]\frac{5a}{5} =a[/tex]
[tex]175\div5=35[/tex]
[tex]a=35[/tex]

Your answer is "a = 35."

Hope this helps.


What is the value of this expression when c= -4 and d= 10?

11 (3+2²)

Answers

i believe the answer is b

Working together, it takes two different sized hoses 35 minutes to fill a small swimming pool. If it takes 55 minutes for the larger hose to fill the swimming pool by itself, how long will it take the smaller hose to fill the pool on it's own?

Answers

Answer:

[tex]96.25[/tex] minutes.

Step-by-step explanation:

The question states that it takes the larger hose [tex]55[/tex] minutes to fill the entire pool on its own. Assume that the larger hose fills the pool at a constant rate. What fraction of the pool would this hose fill in each minute?

The larger hose fills [tex]\displaystyle \frac{1}{55}[/tex] of the pool in each minute. That is: [tex]\displaystyle \frac{1\; \text{pool}}{55\; \rm \text{minutes}} = \frac{1}{55}\; \text{pool} \cdot \text{minute}^{-1}[/tex].

Similarly, assume that the smaller hose is also filling the pool at a constant rate. The question states that it takes [tex]35[/tex] minutes for the two hoses to fill the pool when working together. Therefore, when working together, the two hoses would fill [tex]\displaystyle \frac{1}{35}[/tex] of the pool in each minute. That is: [tex]\displaystyle \frac{1\; \text{pool}}{35\; \rm \text{minutes}} = \frac{1}{35}\; \text{pool} \cdot \text{minute}^{-1}[/tex]

The difference between these two fractions should represent the fraction of the pool that the smaller hose fills in each minute:

The smaller hose fills [tex]\displaystyle \left( \frac{1}{35} - \frac{1}{55} \right)[/tex] of the pool in one minute. That's [tex]\displaystyle \left( \frac{1}{35} - \frac{1}{55} \right)\; \text{pool} \cdot \text{minute}^{-1}[/tex].

At [tex]\displaystyle \left( \frac{1}{35} - \frac{1}{55} \right)\; \text{pool} \cdot \text{minute}^{-1}[/tex], filling the entire pool would take

[tex]\displaystyle \frac{1\; \text{pool}}{\displaystyle \left( \frac{1}{35} - \frac{1}{55} \right)\; \text{pool} \cdot \text{minute}^{-1}} = \frac{1}{\displaystyle \frac{1}{35} - \frac{1}{55}}\; \text{minute} = 96.25\; \text{minute}[/tex].

Hence, it would take [tex]96.25[/tex] minutes for the smaller hose to fill the entire pool on its own.

Need the value of a and the value of b

Answers

I think this is the answer

What percent of 150 is 12?

Answers

Answer:

8%

Step-by-step explanation:

Solve the following equation for b.
2 = Q + f/b

Answers

Answer:

b=[tex]\frac{f}{2-Q}[/tex]

Step-by-step explanation:

Determine whether or not the function is continuous for the given values of X.

f(x) = x^2-25/x-7 :x=0, x=7,x= -5

Is the function continuous at x​=0?

a. ​Yes, the point is​ defined, ​limit f(x) exists, and ​limit f(x) 0. ​(Simplify your​ answer.)
x →c x →0

b. ​No, the function is not continuous at x=0 .

Answers

Answer:

A. ​Yes, the point is​ defined, ​limit f(x) exists, and ​limit f(x) 0.

Step-by-step explanation:

Let be [tex]f(x) = \frac{x^{2}-25}{x-7}[/tex], a rational function is continuous at a value of [tex]x[/tex] if and only if denominator is different from zero. In particullar, [tex]x-7 \neq 0[/tex].

Then, we find that function is continuous for every value of [tex]x[/tex] except [tex]x = 7[/tex]. Thus, the function is continuous at [tex]x = 0[/tex], which is evaluated below:

[tex]f(x) = \frac{(x+5)\cdot (x-5)}{x-7}[/tex]

[tex]f(0) = \frac{(0+5)\cdot (0-5)}{0-7}[/tex]

[tex]f(0) = \frac{(5)\cdot (-5)}{-7}[/tex]

[tex]f(0) = \frac{-25}{-7}[/tex]

[tex]f(0) = \frac{25}{7}[/tex]

Thus, correct answer is A.

pls help me with this question

Answers

Answer:

55.2° ...............................

Maya is comparing the prices of 3 brands of canned vegetables.
Brand A is a 16-ounce can and costs $0.89. Brand B is a 32-ounce
can and costs $1.75. Brand C is sold as three 16-ounce cans and
costs $2.65. Which brand is the cheapest per ounce?
A. Brand A
C. Brand C
B. Brand B
D. You need more information.

Answers

Brand C is the cheapest per ounce among Brand A and Brand B. So option B is the correct answer

Brand A is a 16-ounce can and costs $0.89

Brand B is a 32-ounce can and costs $1.75.

Brand C is sold as three 16-ounce cans and costs $2.65.

What is an equation?

If two expressions are connected with equal sign is called equation.

16a=0.89

32b=1.75

3(16c)=2.65

a=0.055

b=0.0546

c=0.0552

Therefore brand B is the cheapest per ounce

To learn more on equation click here:https://brainly.com/question/8743486

#SPJ2

In how many ways can 18 hikers be organized into 2 or more groups for trail clearing if all groups have the same number of hikers?

Answers

Answer:

4 ways

Step-by-step explanation:

9+9=18

6+6+6=18

3+3+3+3+3+3=18

2+2+2+2+2+2+2+2+2=18

Which number belongs to the solution set of the equation below?
X-18 = 17

Answers

Answer:

a. 35

Step-by-step explanation:

x - 18 = 17

x = 35

For this question the answer is x = 35.

..............................​

Answers

Answer: Your Mother

Step-by-step explanation:

Just kidding.

Grandmother. The trick is that the mother of the daughter of the mother is still the mother, so fatima's mom's mom is the grandmother.

4/5 + 3 1/10 ASAP plsssss

Answers

Answer:

3 9/10

Step-by-step explanation: change 4/5 to 8/10 and then add. pls give brainiest thanks :D

What is the volume of Josephine's gardening shed, in cubic feet?

Answers

Answer:

23 ft³

Step-by-step explanation:

Hope it helps.

[tex] \\ \\ [/tex]

The answer is 23ft^3

give one pair of supplementary angles and one pair of vertical angles showing in the figure below ​

Answers

Answer:

vertical angle can be 2 and 3. anything opposite from eachother. supplementry angles equal to 180 degrees. like 2 and 4

Step-by-step explanation:

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