Melissa will have deposited approximately how much by year 30?

Answers

Answer 1

Melissa will have deposited approximately $1,286,100 by year 30.

To determine how much Melissa will have deposited by year 30, we need to apply the formula for the future value of an annuity. The formula is:FV = P * ((1 + r) ^ n - 1) / rwhere:FV is the future value of the annuityP is the periodic paymentr is the interest raten is the number of periodsIn this case, the periodic payment is $7,500 per year, the interest rate is 6%, and the number of periods is 30. So, we can plug in the values:FV = 7500 * ((1 + 0.06) ^ 30 - 1) / 0.06Simplifying the equation:FV = 7500 * ((1.06) ^ 30 - 1) / 0.06FV = 7500 * (10.2868 - 1) / 0.06FV = 7500 * 171.4467FV = 1,286,100Therefore, Melissa will have deposited approximately $1,286,100 by year 30.

Learn more about Periodic payment here,Find the periodic payment needed to attain the future value of the annuity. Round your answer to the nearest cent. Futur...

https://brainly.com/question/31380078

#SPJ11


Related Questions

Which shows the distributive property?

1. 5x + 2 = 2 + 5x

2. 5(x + 2) = 5x + 10

3. 5(x + 2) = 5(2 + x)

Answers

Number 2 because your multiplying the 5 by the numbers in the parenthesis.

9. Teresa was taking her two children to the zoo. She purchased 1 adult ticket for herself and 2 children's
tickets for a total of $18.20. A family of 5 was also visiting the zoo. -The family purchased 2 adult tickets and
3 children's tickets for a total of $30.90. How much money did an adult ticket cost?

Answers

Answer:

plz mark as brainliest

Step-by-step explanation:

$7.9

Order the following from LEAST to GREATEST: 3/5, -1/2, 0.50, -7/10, -0.75 *

Answers

Answer:

-0.75, -7/10, -1/2, 0.50, 3/5

Answer:

-0.75, -7/10, -1/2, 0.50, 3/5

Step-by-step explanation:

put all of them as a decimal first

3/5 = 0.6 (5)

-1/2 = -0.50 (3)

0.50 = 0.50 (4)

-7/10 = -0.70 (2)

-0.75 = -0.75 (1)

What is the radius and diameter of the following circle?

Answers

Answer:

radius=7.5, diameter=13

Step-by-step explanation:

diameter is the length across a circle through the middle, and it is given in the picture. radius is half of the diameter

There are 4 identical wooden blocks that are 20 inches long, 2 inches wide, and 1 inch thick. If you glue them together, what is the difference of the largest and smallest outer surface area you can get?

Answers

Answer:

Step-by-step explanation:

5 inches wide, and 2 inches thick. if you glue them together(stacked) what is ... If you glue the largest area faces together you will get the smallest overall ... The total surface area of one of the blocks is 2 times 250 square inches plus 2 times ... 720 times 3 is 2160 minus 4 times 250 is 2160 minus 1000 is 1160.

A package weighs 32 ounces. What is the weight of the package in pounds

Answers

Answer:

2 pounds

Step-by-step explanation:

1 pound=16 ounces

A local little league has a total of 60 ​players, of whom 40​% are left​-handed. How many left ​- handed players are​ there?

Answers

Answer:

24 players

Step-by-step explanation:

Answer:

24. 60 X 4/10 is 24

Step-by-step explanation:

Which of the following expressions are equivalent to 5(m + 3)? hurryy

Answers

Answer:

B   5m + 15

Step-by-step explanation:

Use the distributive property and multiply 5 by both terms inside the parentheses.

5(m + 3) = 5 * m + 5 * 3 = 5m + 15

Answer: B   5m + 15

Answer the photo below thanks

Answers

Answer:

You're right, the answer is C.

Step-by-step explanation:

Answer:

C

Step-by-step explanation:

I am not sure if it is B or C, but I can say that it is not A since the figure in A is rotated. Figure in B kinda looks like a reflection then C because if the figures were translated then the corner should be at one side. Sorry if that kinda confused you, but I added a picture of what I am trying to say for the figure in option B. I guess it is C.

Hope this helps, thank you !!

Given that ABCD is a parallelogram. Find the following

Answers

Answer:

m=8

m<A=83

m<D=97

Step-by-step explanation:

Angles that are opposite of each other in a parallelogram are equal. Knowing this, we can first conclude that angle A and angle C are equal. We can set up the following equation:

[tex]9m+11=8m+19[/tex]

Subtract both sides by 11

[tex]9m+11-11=8m+19-11\\9m=8m+8[/tex]

Subtract both sides by 8m

[tex]9m-8m=8m+8-8m\\m=8[/tex]

To calculate angle A, plug the value of m into its expression.

[tex]<A=9m+11\\<A=9(8)+11\\<A=72+11\\<A=83[/tex]

In a parallelogram, angles that share a side are supplementary, meaning they add up to 180 degrees. Therefore, angle A and angle D are supplementary. Knowing this, we can set up the following equation:

[tex]180=83+D[/tex]

Subtract both sides by 83

[tex]180-83=83+D-83\\97=D[/tex]

I hope this helps!

7/8m^3 +3-1/2m^3. can u please help me solve this

Answers

Answer:

3m^3/8 + 3

Step-by-step explanation:

It can't be solved but that's the most simplified version.

Answer:

15/8m^3

Step-by-step explanation:

7/8m^3+2/2m^3

7/8m^3+1/m^3

=15/8m^3

HEY GUYS PLS HELP (kinda easy tho)

Answers

Answer:

74

Step-by-step explanation:

13 5-peso coins

9 1 peso coins

13 X 5 = 65

9 X 1 = 9

65+9 = 74

The number 6545 can be written as a product of a pair of positive two digit integers. What are these two integers?

Answers

Answer:

77 and 85

Step-by-step explanation:

Since the number 6545 ends in a 5, we can assume that one of the two digit numbers ends in a 5. I tried 55, 65, 75, and 85, and I just divided 6545 by those numbers until I got a two-digit positive integer as my answer,

85 * 77 = 6545

Therefore, the answer is 85 and 77.

I hope this helps!

If x= 1/3 is one of the solutions of an equation then what is the factor that gave us this solution

Answers

Answer:

3x - 1 = 0

Step-by-step explanation:

If x = 1/3

multiply both sides by 3

3 * x = 1/3 * 3

3x = 1

Subtract 1 from both sides ;

3x - 1 = 1 - 1

3x - 1 = 0 ( the factor which gives the solution)

3x - 1 = 0

3x = 1

Doavide both sides by 3

3x / 3 = 1/3

x = 1/ 3

1) Resolva as expressões numéricas. Não esqueça de deixar os cálculos.
a) 2 + 8-3-5 + 15 =
b) 12 + (35 - (10 + 2) +2] =
c) [(18+32) + 8 +5 3] + 6 =
d) 37 + (-25 - (-11 + 19 - 4)] =
e) 60 = {2 • (-7 + 18 = (-3 + 12)]} - [7 • (-3) - 18 = (-2) + 1) =
f) -8 +{-5 + [(8-12) + (13 + 12)] - 10) =​

Answers

Answer:

a=17

b=37

c=117

d=8

e=

f=-2

If you are making broccoli cheese soup the ratio of cheese to broccoli to broth is 5:6:10 if there is 100 parts broth how many of each ingredient should you use

Answers

Answer: See explanation

Step-by-step explanation:

Since there are 100 parts broth, the number to use for each ingredients will be:

Cheese = 5 × 100/10 = 5 × 10 = 50

Broccoli = 6 × 100/10 = 6 × 10 = 60

Broth = 100

Which values of a and b make the following equation true?

Answers

Answer:

a=11 , b=7

Step-by-step explanation:

When integer multiply with integer, the base were same, then we just add both powers.

for example

[tex]x {}^{2} \times {x}^{3} = {x}^{2 + 3} = {x}^{5} [/tex]

finding value of x. PQR
P- 2x°
3
3
3

Answers

[tex]\mathfrak{\huge{\orange{\underline{\underline{AnSwEr:-}}}}}[/tex]

Actually Welcome to the Concept of the Equilateral Triangles.

Since, we know that, all the sides of a triangle are equal, hence it is a Equilateral triangle.

Equilateral triangle has one all angles equal to 60°.

so, major angle P = 60°

hence, 2x=60°

===> x = 30°

2. it's not B
Write a rule for the linear function shown in the graph.



A. y = -5/2x - 1

B. y = 3x – 1

C. y = 2/5x + 1

D. y = 5/3x + 1

Answers

Answer:

Solve for the first variable in one of the equations, then substitute the result into the other equation.

Point Form:

( 0 ,   1 )

Equation Form:

x = 0 ,     y = 1

Step-by-step explanation:

Graph.

y = − 5/ 2 x − 1

y = 3 x − 1

y = 2/ 5 x + 1

y = 5/ 3 x + 1

the supplement of a 65° angle has a measure of​

Answers

Answer:

115 degrees

Step-by-step explanation:

supplementary angles add up to 180 degrees, so if x is the angle you're trying to have you get:

[tex]x + 65 = 180\\x = 115[/tex]

-2 + b < 3





.............

Answers

Answer:

I believe we are solving for b. b<5

Step-by-step explanation:

cuántos encuentros son necesarios para una entrevista completa​

Answers

4 encuentros,creo Ó 2 encuentros.Pero yo creo que 4

the output is double the input

Answers

Whats the question???

Pls help me with this math problem

Answers

Answer:

12 ima shoot u

Step-by-step explanation:

A water rocket is launched froni a platform. The height,
h in metres, of the water rocket at time & seconds after
it is launched is h= -212 + 74 + 4. When does the water
rocket hit the ground?​

Answers

Answer:

4.41seconds later

Step-by-step explanation:

Let the equation of the height reached by the water front be h = -2t^2+7t+4

The water hits the ground at h =0

Substitute

0 =  -2t^2+7t+4

-2t^2+7t+4 = 0

2t^2 - 7t - 8 = 0

t = 7±√(-7)²-4(2)(-8)/2(2)

t = 7±√49+64/4

t = 7±√113/4

t = 7±10.63/4

t = 7+10.63/4

t = 17.3/4

t = 4.41s

Hence the water hit the ground 4.41seconda later

PLEASE HELP!!! ILL GIVE BRAINLIEST, EXPLAIN YOUR ANSWER PLEASE

Answers

Answer: -20v^3 - 30x^2 +20

Step-by-step explanation:

simply multiply each term inside of the parentheses by -5.

Answer:

20v³ + 20 - 30x²

Step-by-step explanation:

multiply -5 by all three terms inside parentheses

(-5)(-4v³) + (-5)(-4) + (-5)(6x²)

20v³ + 20 - 30x²

NEED HELP ASAPPPPPP PLZZZZZ
Right one paragraph on
What is factoring by using GCF?

Answers

Answer:

GCF is the largest factor that all terms have in common.

A toy store had 789 games.
It sold 53 of these games.
How many games are at the store now?
I games
?

Answers

Answer:

736 games are at the store now

Step-by-step explanation:

789-53=736

Answer:

736

Step-by-step explanation:

789-53=736

The sum of two numbers is 12. The product of those same two numbers is -64. Find the numbers.​

Answers

Answer: The answer for the 2 numbers are 16 and -4.

Step-by-step explanation: 16 + (-4) is 12, and 16 x (-4) is -64.

The diagram at right shows a regular
hexagon
What is the area of the shaded region?
Round your answer to the nearest tenth.
I
20
20
Apothem Length: 10,3

Answers

Answer:

Nice

Step-by-step explanation:

Other Questions
I NEED HELP ASAP FREE BRAINLIEST IF CORRECT (Make sure to answer the bullet point questions only) Waht number is 120% of 140 Why do the pigs say they deserve more than the other animals? What should you send to the person who interviewed you for a particular job or college?A: A cease-and-desist letter B: A small gift C: A thank-you letterD: A formal letter Which sentence best describes how water affects rocks on the earth's surface? O It applies pressure to rocks that causes them to metamorphose. O It keeps sediment contained within its original location. O It dissolves rock into small pieces and transports it elsewhere. O It prevents erosion of rocks by protecting them from wind. What role do governments play in free trade? PLEASE HELPP!!complete the following paragraph with the correct pronouns and gustar formd Write an equation of the passes through the given point and has the given slope? 1.(10, -4); slope - 2/5 The table shows the points scored by a community football team during two seasons. Use the mean and standard deviation to determine during which season the team scored more consistently. Last Season: 10, 3, 20, 27, 35, 17, 20, 13, 17This Season: 23, 17, 28, 16, 23, 16, 16, 10, 13 if one bird requires half square foot or six square inches of space during brooding how much space is required in total for 30 Birds During photosynthesis, plants:die and break down into the soil.release hydrogen and water vapor into the air.ONone of these choices are correct.O remove carbon dioxide from the atmosphere. Anelementary school teacher with 25 students plans to have each of them make a poster about two different states. The teacher first numbers the states (in alphabetical order, from01 to 50), then uses a random number table to decide which states each kid gets. The random digits are 33874 64946 29977 66233.a) Which two state numbers does the first student get?b) Which two state numbers go to the second student? Question 6 of 51< PreviousSubmit, Test8Fostly cloudy-9th Grade English 1 Mid-year BMRead the following excerpt from a student essay. How can the writer best improve word choice and consistency of tone?One of the most interesting areas of scientific research is the process of how living things turn into other living things. For example, takehumankind's best friend, the dog. Most researchers agree that the grey wolf is what dogs used to be a really long time ago. But how did wolvesturn into dogs? One idea suggests that early humans tamed and bred wolves to become companions. Another way to think about all this is thatWolves approached people first, grabbing scraps of food and slowly becoming accustomed to humans. Over time, these wolves became tamer,eventually becoming the pets we love today.O by reducing repetitive languageO by using more appropriate academic languageO by including more figurative languageO Leave as isO Search What is the surface area of a triangle having a base of 6m and 8m high? What is alliteration Mcq? A bag contains 3 blue marbles, 10 green marbles,4 yellow marbles, and 8 red marbles. A marble is chosen at random,replaced, then another marble is chosen. Find each probability of gettinga green then a yellow.8/12524/62512/6256/125 Why does the balloon get bigger as the temperature increases? 2. What is the new balance for the credit statement shown?BillingDatePayments& Credits12/11/--$70.94PreviousBalance$185.74FinanceCharge$2.71NewPurchases$49.80NewBalance The local water slides have 70 employees, of which 40% are temporary. How many temporary employees are there? How quickly can mitosis occur in a paramecium?two or three times a weekmore than once each dayonce each dayevery two hours