In scenerio 1, the money in the retirement account at 62 years old is $1,267,250.76
In scenerio 2, the money in the retirement account at 62 years old is $ 633,625.38.
How do we calculate future value of an ordinary annuity?Scenerio 1:
a) 6% of salary = Salary * 6% = $6,100 * 6% = $366
b) Total amount the company paid monthly = 6% of salary = Salary * 6% = $6,100 * 6% = $366
c) The money in the retirement account at 62 years old can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity given as follows:
FV = M * (((1 + r)^n - 1) / r) ................................. (1)
Where:
FV = Future value = Money in the retirement account at 62 years old = ?
M = Monthly payment = Contribution you + Contribution by the employer = $366 + $366 = $732
r = Monthly interest rate = Annual interest rate / 12 = 6.28% / 12 = 0.0628 / 12 = 0.0052
n = number of months = Number years * Number of months in a year = (Retirement age – Age when hired) * 12 = (62 - 25) * 12 = 37 * 12 = 444
Substituting all the values into equation (1), we have:
FV = $732 * (((1 + 0.0052)^444 - 1) / 0.0052)
FV = Money in the retirement account at 62 years old = $1,267,250.76
d) Amount of money you put into the account = 6% of salary * number of months = $366 * 444 = $162,504
e) Amount of money your employer put into your account = Amount of money you put into the account = $162,504
f) Amount your account gained in interest over the years = FV – (Amount of money you put into the account + Amount of money your employer put into your account) = $1,267,250.76 – ($162,504 + $162,504) = $942,242.76
Scenario 2:
a) 3% of salary = Salary * 3% = $6,100 * 3% = $183
b) Total amount the company paid monthly = 3% of salary = Salary * 3% = $6,100 * 3% = $183
c) Using equation (1), we have:
M = Monthly payment = Contribution you + Contribution by the employer = $183 + $183 = $366
Substituting all the values into equation (1), we have:
FV = $366 * (((1 + 0.0052)^444 - 1) / 0.0052)
FV = Money in the retirement account at 62 years old = $633,625.38
d) Amount of money you put into the account = 3% of salary * number of months = $183 * 444 = $81,252.00
e) Amount of money your employer put into your account = Amount of money you put into the account = $81,252
f) Amount your account gained in interest over the years = FV – (Amount of money you put into the account + Amount of money your employer put into your account) = $633,625.38 – ($81,252 + $81,252) = $471,121.38
The difference in the amount of money at age 62 between scenarios 1 and 2 = Money in the retirement account at 62 years old in scenarios 1 + Money in the retirement account at 62 years old in scenarios 2 = $1,267,250.76 - $633,625.38 = $633,625.38
Difference in the amounts of money you put into retirement between scenarios 1 and 2 = $366 - $183 = $183
Amount got from your employer in scenario 1 than 2 = $366 - $183 = $183
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Is 10 24 26 a right triangle?
Yes, A triangle has sides of lengths 10, 24, and 26 is a right triangle.
A right-angled triangle is a triangle with one of the angles at 90 degrees. A 90-degree angle is called a right angle.
The formula states that in a right triangle:
The square of the hypotenuse is equal to the sum of the square of the base and the square of the altitude.
(Hypotenuse)² = (Base)² + (Altitude)²
c²=a²+b²
The three numbers which satisfy the above formula are the Pythagorean triplets
Properties of right angle:
The largest angle is always 90º and called the hypotenuse which is always the side opposite to the right angle.The measurements of the sides follow the Pythagoras rule, which cannot have any obtuse angle.consider c=26 a=10, b=24 substitute in above formula:
26²=10²+24²
⇒676=100+576
⇒676=676
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In the six weeks, Shapera mowed 7 lawns, worked 36 hours at the pet store, and delivered newspapers 7 days. Did she make enough to buy the computer? Explain your answer
If Shapera mowed 7 lawns and worked for 36 hours at pet store and delivered newspapers 7 days , then she earned $497 which is not enough to buy the computer .
the amount that she earns in mowing each lawn is = $15 ;
So , the amount earned for mowing 7 lawns is = [tex]15\times 7[/tex] = $105 ;
the amount that she earns per hour working at pet store is = $7 ;
So , amount earned for working 36 hours is = [tex]36\times 7[/tex] = $252 ;
the amount that she earns by delivering newspapers per day is = $20 ;
So , amount earned by delivering newspapers for 7 days =[tex]20\times7[/tex] = $140 ;
The total amount earned by Shapera is = [tex]\$ 105 + \$252+\$140[/tex]
On adding all the amount earned ,
we get ;
= $497 ;
The amount earned by Shapera is $497 .
Therefore , Shapera will not be able to buy the $499 computer as she is $2 less than the price .
The given question is incomplete , the complete question is
Shapera has three sources of income. She earns $15 for each lawn she mows. She earns $7 per hour working part-time at a pet store She earns $20 each day she delivers newspapers.
In the six weeks, Shapera mowed 7 lawns, worked 36 hours at the pet store, and delivered newspapers 7 days. Did she make enough to buy the $499 computer ?
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A barrel shaped like a cylinder is laid on its side and rolled up a ramp. The barrel has a circular base that is 1.1 inches in diameter. If the barrel turns 47 times in being rolled up the ramp, how long is the ramp?
The length of the ramp is 161.62 inches when the barrel turns 47 times in being rolled up the ramp.
What is the Circumference of a circle?The Circumference of a circle is defined as the product of the diameter of the circle and pi.
C = πd
where 'd' is the diameter of the circle
The circumference of the circular base of the barrel is given by the formula C = πd, where C is the circumference and d is the diameter of the base.
In this case, d = 1.1 inches, so C = π1.1 inches = 3.46 inches.
Since the barrel turns 47 times, the distance it travels is 47 times the circumference of the base,
47 × 3.46 inches = 161.62 inches
Therefore, the length of the ramp is 161.62 inches.
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Question 10 options:
Which is not a property of a parallelogram?
A) All sides are congruent. B) Diagonals are perpendicular bisectors of each other. C) Opposite angles are congruent. D) Diagonals are congruent.
A parallelogram is a quadrilateral with opposite sides that are parallel and equal in length. All angles are congruent, and the diagonals bisect each other and are congruent. It does not, however, have the property that all angles are equal.
A parallelogram is a four-sided shape with two pairs of parallel lines. The opposite sides of the parallelogram must be congruent, meaning that they have the same length. All angles are congruent, which means that they all have the same measure. The diagonals of the parallelogram bisect each other, meaning that they divide each other into two equal parts, and they must also be congruent. All of these properties are true for a parallelogram, except that the angles do not have to be equal. The angles can be either acute, obtuse, or right angles, but they must all have the same measure. So, in conclusion, the property that is not true for a parallelogram is that all angles are equal.
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A ball was dropped from a height of 150 cm. The rebound factor of the ball is
0. 8. About how high, in centimeters, did the ball go after the third bounce?
A. 77
B. 96
C. 234
D. 293
the ball go after the third bounce is 77 centimeters when A ball was dropped from a height of 150 cm. The rebound factor of the ball is
0. 8.
In math, height is defined as the vertical distance from the top to the object's base. Occasionally, it is labeled as 'altitude'. The term height in geometry refers to the measurement of an object along the y-axis in coordinate geometry
based on the given information
A ball was dropped from a height of 150 cm.
The rebound factor of the ball is 0.8
Evaluate the ball go after the third bounce is given by
150* 0.8 ^3= 77
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What is the name of a 3 4 5 triangle?
The right angle triangle is the name of the 3, 4, and 5 triangles.
A right-angled triangle is a triangle with one of the angles at 90 degrees. A 90-degree angle is called a right angle.
The formula states that in a right triangle:
The square of the hypotenuse is equal to the sum of the square of the base and the square of the altitude.
(Hypotenuse)² = (Base)² + (Altitude)²
c²=a²+b²
The three numbers which satisfy the above formula are the Pythagorean triplets
Properties of right angle:
The largest angle is always 90º and called the hypotenuse which is always the side opposite to the right angle.
The measurements of the sides follow the Pythagoras rule, which cannot have any obtuse angle.
consider c=5 a=3, b=4 substitute in above formula:
5²=3²+4²
⇒25=9+16
⇒25=25
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11c+ 8) (-9c - 1)
Help plssss
Answer:
Step-by-step explanation: (11c + 8) (-9c - 1)
Then expand
which would be 11c ( -9c - 1) + 8 ( -9c - 1)
-99c^2 -11c - 72c - 8
It becomes -99c^2 - 83c -8
I hope this was helpful
Find the product of the factors 8.075*0.08
Answer: 8.075: gotta get somebody else to do this one...sorry. and 0.08 = 8
Step-by-step explanation:
Did this with a classmate couple months ago. Hope this helps. :)
A grocery tore ha 13%-off ale on all bread. You decide to purchae 6 loave of bread. Let b be the original price of a loaf of bread. Expand the expreion 6(b-0. 13b). Once the expreion i expanded, who do the term repreent
6b - 0.78b it will result after expanding the expression.
What is an expression?A mathematical expression is a phrase that has a minimum of two numbers or variables and at least one mathematical operation. Any one of the following mathematical operations can be used i.e. addition, subtraction, multiplication, or division.
There are three different expression types:
There is just one arithmetic value that an arithmetic expression may produce.A character expression evaluates to just one character value.One logical value is produced by the evaluation of a logical or relational statement.Let, b represent the original price of a loaf of bread.
Given that,
A grocery store has 13%-off sale on all bread.
This means that the amount by which the price of bread was reduced would be
13/100 × b = 0.13 × b = 0.13b
The new price for the loaf of bread would be: b - 0.13b
you decide to purchase 6 loaves of bread. The expression would be:
6(b - 0.13b)
Expanding the expression, it becomes: 6b - 0.78b
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A consumer organization estimates that over a 1-year period 17% of cars will need to be repaired once, 7% will need repairs twice, and 4% will require three or more repairs. What is the probability that a car chosen at random will need
The probability that a car chosen at random will need no repairs = 72%; no more than one repair = 91%; some repairs = 9%
What is probability?Probability theory, a subfield of mathematics, gauges the likelihood of an occurrence or a claim being true. An event's probability is a number between 0 and 1, where approximately 0 indicates how unlikely the event is to occur and 1 indicates certainty.
28% of all vehicles will require some sort of repair; of these, 19% will require one repair, 7% will require two repairs, and 2% will require more than two repairs.
The number of vehicles that would not require any form of repairs is equal to the entire number of vehicles less the proportion that requires repairs; for example, 100% - 28% = 72%. The total number of automobiles minus the percentage that require more than one repair equals the percentage of vehicles that will require no repairs or just one
; hence, 100% - (7% + 2%) = 91%. The total number of vehicles in need of repairs is equal to the product of those with two repairs and those with three or more.
the probability that a car chosen at random will need no repairs = 72%; no more than one repair = 91%; some repairs = 9%
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Make a box plot for the given data : 17,29 ,32,30,14,9,39,10,32,23
Answer:
It can't add a plot for those numbers-
Step-by-step explanation:
Melissa tutors math. For each hour that she tutors, she earns dollars. Let be her earnings (in dollars) after tutoring for hours. Write an equation relating to . Then use this equation to find Melissa's earnings after tutoring for hours.
After H hours of coaching, let E indicate her profits (in dollars). She receives $20 for every hour she tutors. This indicates that her total earnings in H hours would be E = 20H.
What is meant by equation?Two expressions joined by an equal sign form a mathematical statement known as an equation. An equation is, for instance, 3x - 5 = 16. We can solve this equation and determine that the value of the variable x is 7. An equation is a mathematical expression with two equal sides and an equal sign in between. An equation is something like 4 + 6 = 10. Your example is by definition an equation as an equation is any expression that contains the equals sign. Since mathematicians adore equal signs, equations frequently appear in mathematical texts. A formula is a list of steps to follow in order to produce the intended outcome.After H hours of coaching, let E indicate her profits (in dollars). She receives $20 for every hour she tutors. This indicates that her total earnings in H hours would be
E = 20H.
We would enter H = 17
into the formula to get Mai's pay after 17 hours of tutoring.
E = 20 × 17 E = $340 is the result.
The complete question is:
Mai tutors history. For each hour that she tutors, she earns 20 dollars. Let E be her earnings (in dollars) after tutoring for H hours. Write an equation relating E to H . Then use this equation to find Mai's earnings after tutoring for 17 hours.
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Evaluate the integral by reversing the order of integration.
2
0
6
11ex2 dx dy
3y
When we reverse the integration and evaluation orders, we obtain: [tex]\frac{c}{2}-1[/tex]
What is integration?In mathematics, an integral lends numerical values to functions to represent concepts like volume, area, and displacement that result from combining infinitesimally small amounts of data. Integration is the action of locating integrals.
So, we have:
[tex]$$\int_0^1 \int_x^z e^{\frac{x}{y}} d y d x$$\\[/tex]
Here: [tex]z=\sqrt{x}[/tex]
Next, reverse the sequence:
[tex]$$\int_0^1 \int_m^y e^{\frac{x}{y}} d y d x$$ $m=y^2$$$\\\\\begin{aligned}\\& \int_{=0}^1\left(e^{\frac{x}{y}} y\right) \| \begin{array}{l}y \\y^2\end{array} d y \\& \int_{=0}^1(e y)-\left(e^y y\right) d y\end{aligned}$$[/tex]
The following section uses integration by parts,
[tex]$$\begin{aligned}& \mathbf{u}=\mathbf{y}, \\& d v=e^y\end{aligned}$$$$\mathrm{d} u=1$$$$v=e^y$$$$\begin{aligned}& =\left(\left(\frac{e y^2}{2}\right)-\left(y e^y\right)\right)||_0^1+\int_0^1 e^y d y \\& = \\& =\frac{e}{2}-e+e-1=\frac{e}{2}-1\end{aligned}$$[/tex]
Therefore, when we reverse the integration and evaluation orders, we obtain: [tex]\frac{c}{2}-1[/tex]
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Correct question:
Evaluate the integral by reversing the order of integration.
8 0 2 3ex4 dx dy 3 y
find the total surface area of this cuboid.
The total surface area of the cuboid is 2 (lh + lw+ hw) square units.
What is surface?A surface is the part of solid matter that can be touched by hand or seen with eyes. In other words, it is the place where the solid matter encounters the outside world through contact, light, etc. Solid matter not only effects humans with its surface, but also air, water, and other solid matter. Therefore, things around us work cooperatively with the outside world and with other things through surfaces, without a surface, solid matter would not be able to interact with anything.By changing the characteristics of solid matter, interactions such as the impact on the solid matter from other things (such as environmental conditions and people) as well as the effect that solid matter has on other things can be changed. In other words, certain features of the solid matter can be controlled as needed.To learn more about surface refer to:
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What is the midpoint of 0 and 5?
The midpoint of 0 and 5 is 2.5.
The midpoint of a line segment is known as the midpoint in geometry. It is the centroid of the segment and of the ends, and it is equally distant from both of them. It cuts the section in half.
A compass and straightedge setup can be used to locate the midpoint of the line segment they determine given two points of interest. By initially building a lens out of circular arcs with equal radii centered at the two endpoints and joining the cusps of the lens, one can determine the midpoint of a line segment immersed in a plane. The midpoint of the segment is then the place where the line joining the cusps intersects the segment.
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An auditorium has 30 seats in the first row, 38 seats in the second row, 46 seats in the third row, and so on. how many seats are in the 10th row?
a. 60
b. 93
c. 102
d. 110
Answer:
Step-by-step explanation:Its actually 102, not 110
What is linear equation 8th class?
An equation in which the highest power of the variable is 1 is known as a linear equation. It is also termed a one-degree equation.
There are two types of linear equations, linear equations in one variable and linear equations in two variables. The standard form of a linear equation in one variable is Ax + B = 0. Where x = variable, A = coefficient and B = constant.
The standard form of a linear equation in two variables is Ax + By = C. Here, x and y are variables, A and B are coefficients and C is a constant.
A linear equation is an algebraic equation where each term has an exponent of 1 and when this equation is graphed, it always formed in a straight line. That is why it is named a 'linear equation'.
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Angie puts 1/3 of a gallon of gas in her lawn mower. She can mow the lawn 4 times before
she needs to refill it How many gallons of gas does it take to mow the lawn once? How
many times can she mow the lawn with one gallon of gas?
( please explain how u got your answer )
Answer:
1/12 gallon per mowing12 mowings per gallonStep-by-step explanation:
Given that Angie can mow her lawn 4 times using 1/3 gallon of gas, you want to know how much gas is required for each mowing, and how many times Angie can mow on one gallon of gas.
Gallons per mowingTo find the number of gallons required for each mowing of the lawn, divide the number of gallons by the number of mowings:
(1/3 gal)/(4 mowings) = 1/(3·4) gal/mowing = 1/12 gal/mowing
It takes 1/12 gallon to mow the lawn once.
Mowings per gallonThe reciprocal of this value has the reciprocal units.
1/(1/12 gal/mowing) = 12 mowings/gal
Angie can mow the lawn 12 times with one gallon of gas.
__
Additional comment
It often proves useful to keep the units with the numbers when working rate problems. This can eliminate a lot of mistakes. The units are treated as you would treat a variable.
A team of scientists is developing a computer model to predict the change in average global temperatures over the next 100 years. The model accounts for a wide variety of variables that could affect temperature during this time. Which variable would most likely affect the temperatures that the model predicts
Scientists are developing a computer model to predict the change in average global temperatures over the next 100 years. The model accounts for a wide variety of variables that could affect temperature during this time.
These variables include:
Carbon dioxide emissions from human activity (x) - This variable is considered to have the greatest impact on temperature predictions as human activities have significantly increased the amount of carbon dioxide in the atmosphere, which is a major greenhouse gas that causes global warming. Carbon dioxide emissions from activities in nature (y) - This variable also plays a role in temperature predictions as it contributes to the overall amount of carbon dioxide in the atmosphere.Global sea level (z) - The time interval is sufficiently large for the global sea level to have a greater impact on temperature predictions as rising sea levels can affect coastal regions and weather patterns.Global rates of photosynthesis (p) - Changes in the Earth's orbital path can affect the global rates of photosynthesis, which in turn can affect temperature predictions.The acidity of ocean water (q) - While the acidity of ocean water is an important variable, it is considered to have a less significant impact on temperature predictions compared to the other variables listed above.In summary, the variables are ranked in order of their likely impact on temperature predictions, with carbon dioxide emissions from the human activity being the most significant variable, followed by carbon dioxide emissions from activities in nature, global sea level, global rates of photosynthesis, and acidity of ocean water.
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C) Will Qamar have enough lacquer to cover the floor below? (pictured)
D) Justify your answer.
E) If your answer is “No,” how much more lacquer does she need? If your answer is
“Yes,” how much lacquer will she have left over? Show your work to justify your
answer.
Based on the information provided, Qamar will have enough lacquer to cover the floor and 24 square feet will be left over.
How much lacquer does Qamar have?Based on the information given, Qamar has 600 square feet.
How much lacquer does Qamar need?To calculate the total lacquer Qamar needs, it is necessary to calculate the area of the floor that has to be covered. In the case of a parallelogram, the area can be calculated using the following formula:
Area = Base x heigh (in a parallelogram, the height is the distance between the two horizontal lines using a straight line)Area = 48 feet x 12 feetArea = 576 square feetNow, if the total of material available is 600 feet, it can be concluded there is enough material to cover this floor. Let's calculate the lacquer left over:
600 - 576 = 24 feetNote: This question is incomplete; here is the missing information:
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For two weeks the highest temp each day was recorded in four different cities. Line L, M, N, & P are graphs of the temp over time in Lubbock, Memphis, New Orleans, & Phoenix. Which statement is true?
A. the high temp in Lubbock increased as time passed
B. the high temp in Memphis decreased steadily
C. Initially, the high temp was warmer in Phoethen in Memphis
D. The high temp in Phoenix rose faster than the temp in New Orleans
What is the solution for 7x 5 =- 19?
x = - 8 is the solution for 7x + 5 = - 19. This can be solved using the concept of equation solving.
What is an equation?The meaning of such an equations in algebra is just a mathematical expression stating the equality between two mathematical terms. For instance, 6x + 5 = 11 is an equation where 6x + 5 and 11 are two expressions separated by the 'equal' sign.
Identity equations and conditional equations are the two types of equations. For just any value of both the variables, an equality remains true. Only such variables have values that make a condition expression true. Two expressions joined by an equals sign ("=") form an equation.
7x + 5 = -19
or, 7x = - 19 - 5
or, 7x = - 24
or, x = - 8
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Find the area of the polygon with the given vertices. N(-2,1), P(3,1), Q(3,-1), R(-2,-1)
Answer:
10
Step-by-step explanation:
no explanation just math-way
When you want to Add or Remove Filters, you select Data in the ribbon, and then Filter. You would prefer to do this with one click, so you decide to add Filters to the Quick Access Toolbar. Which of the following could you use to accomplish this? 1. Excel Preferences II. Quick Access Toolbar Down Arrow O I only Il only Both I and II Neither I nor II
I would choose both I and II for accomplishing the task of "When you want to Add or Remove Filters, you select Data in the ribbon, and then Filter. You would prefer to do this with one click, so you decide to add Filters to the Quick Access Toolbar."
What is filters?Click the Commands Not in the Ribbon option in the Customize Quick Access Toolbar dialog box. Click Filter in the list of commands. Select the Add option. Press the OK button. You may use the FILTER function to filter a set of data depending on criteria you provide. The Filter option makes it simple to narrow down your search field.
Here,
I would choose both I and II to complete the task of "When you wish to Add or Remove Filters, go to the Data ribbon, then Filter. You'd prefer to do this with a single click, so you add Filters to the Quick Access Toolbar."
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Find the value of x.
Use statement and reason format.
By using properties for angles we can find and solve some linear equations, there we can see that x = 30°.
How to find the value of x?Remember that the sum of the interior angles of a triangle must give 180°, and we also know that the angle defined by a line is 180°.
Let's define N as the angle located at vertex N of the right triangle in the left side, we then can write:
2x + 90° + N = 180°
And we also can write the linear equation:
105° + 45° + N = 180°
Solving this one, we can find the value of N.
N = 180° - 45° - 105° =30°
N = 30°
Replacing that in the equation with x we will get:
2x + 90° + 30° =180°
2x = 180° - 90° - 30°
2x = 60°
x = 60°/2 = 30°
The value of x is 30°.
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What is the value of 5 by 2?
The value of 5 divided by 2 is 2.5.
Therefore the answer is 2.5.
When dividing 5 by 2, we are trying to find out how many times 2 can fit into 5. The answer is 2 with a remainder of 1, this is why it can also be written as 2 and 1/2.
When dividing 5 by 2, we can also write the result as a fraction, in this case, it is 2 and 1/2 or 2.5 in decimal form. It is the exact same thing as 2.5, just represented in a different way.
It's important to note that, in general, dividing integers will give a decimal number. If you want the result to be a fraction, you will have to express it as such.
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Draw a model for the fraction 1/6
Answer:
Hope the picture helps you draw.
Step-by-step explanation:
Carlos saves aluminum cans to sell to the recycling center. He recently recycled 43 pounds of cans and received $23. 65. How many dollars would he get at this rate for recycling 200 pounds of cans?
The rate of recycling 200 pounds of cans based on the mentioned information is $110.
Firstly calculating the cost of cans per pounds. Then we will proceed to actual calculation about rate of recycling 200 pounds.
Cost of recycling one pound of can = total cost ÷ number of recycled cans
Keep the values in formula
Cost of recycling one pound of can = 23.65/43
Performing division
Cost of recycling one pound of can = 0.55
Cost of recycling 200 pounds of cans = 0.55 × 200
Performing multiplication
Cost of recycling 200 pounds of cans = 110
Therefore, the required rate is $110.
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Two bags contain marbles. Bag A contains 110 marbles, and Bag B contains 160 marbles. What percent fewer marbles does Bag A has than Bag B?
Bag A as required by the task content has 31.25 percent fewer marbles than Bag B.
How much as a percent is the number of fewer marbles in Bag A as that in bag B?It follows from the task content that the percent fewer marbles which Bag A has relative to Bag B is to be determined.
As given in the task content; Bag A contains 110 marbles, while Bag B contains 160 marbles.
On this note, the difference between the number of marbles is; 160 - 110 = 50 marbles.
Hence, the percent of fewer marbles in Bag A relative to Bag B is;
= ( 50 / 160 ) × 100%
= 31.25%.
Therefore, Bag A has 31.25% fewer marbles than Bag B.
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Please help me! I don't understand
Answer: 12
Step-by-step explanation:
The smaller triangles on the right can be proven congruent, so the other side also equals 6. 6+6=12