10. You want to be able to withdraw $30,000 each year for 25 years. Your account earns 8% interest. a. How much do you need in your account at the beginning? b. How much total money will you pull out of the account? c. How much of that money is interest?

Answers

Answer 1

Answer:

Kindly check explanation

Step-by-step explanation:

Given the following :

Rate (r) = 8% =. 0.08

Period (t) = 25 years

Yearly withdrawal = cashflow = P= $30,000

Using the present value formula (PV) :

Present Value (PV) = P[(1 - (1 + r)^-n) / r]

PV = 30000((1 - (1 + 0.08)^-25) / 0.08)

PV = $320,243.29

B.) Total amount pulled out :

Yearly withdrawal * number of years

$25000 * 25 = 625,000

C.)

Interest :

$625000 - $320,243.29 = $304,756.71


Related Questions

IF YOU KNKW WHAT THE ANSWER IS PLEASE HELP ME

Answers

Answer:

exponential

Step-by-step explanation:

This function can be expressed as 125*3^x, where x is the number of hours passed.

Since linear equations are expressed as mx+b, quadratics are expressed as ax^2+bx+c, and exponential functions are expressed as ab^x, only the exponential function would be a valid answer.

PLEASE PLEASE HELP AND FAST
Morrie completed the work to solve this problem. Is his work correct?

Negative StartFraction 5 over 6 EndFraction minus (negative three-fourths) = Negative StartFraction 5 over 6 EndFraction minus three-fourths = Negative StartFraction 8 over 10 EndFraction = Negative four-fifths

What were Morrie’s errors? Check all that apply.
He should have made all the signs positive.
He should have changed Negative StartFraction 5 over 6 EndFraction minus (negative three-fourths) to Negative StartFraction 5 over 6 EndFraction + three-fourths
He should have found the common denominator, 12.
He should have subtracted StartFraction 5 over 6 EndFraction and Three-fourths
The answer should be Negative StartFraction 1 over 12 EndFraction

Answers

Answer:

The correct answers are B, C, and E.

Step-by-step explanation:

Answer:

b c e

Step-by-step explanation:

Open-Ended Which of these situations can be represented by the opposite of 53? Use pencil and

paper. Describe two more situations that can be represented by the opposite of 53.

A book was 53 pages shorter than you expected.

Andrew spent $53.

The temperature was 53°F.

Jennifer sold 53 apples.

Select each situation that can be represented by the opposite of 53.

O A. Andrew spent $53.

OB. Jennifer sold 53 apples.

OC. A book was 53 pages shorter than you expected.

D. The temperature was 53°F.

Answers

Answer:

A book was 53 pages shorter than you expected

Jennifer sold 53 apples.

Andrew spent $53.

Step-by-step explanation:

The question proposed that we should determine which situation can be said to be the opposite of 53. From the listed option, we will realize that the following:

A book was 53 pages shorter than you expected

Jennifer sold 53 apples.

Andrew spent $53.

The above options are the opposite of 53. This is because a book that was shorter than expected will need to be refilled.

Suppose Jennifer has x apples, and She sold 53 apples out of it. It means x = -53, which is the opposite of 53.

Andrew spent $53; let say Andrew had y+$53. After spending $53, he has y = - $53, which is the opposite of 53.

But the temperature, which was 53°F, will still be at that position on the thermometer provided it is not being affected by external conditions.

there are 678 freshmen ,and 552 sophomore students. how many more freshmen than sophomore students are there?​

Answers

Answer: There is 126 more freshmen than sophomores.

Step-by-step explanation:

Subtract the number of freshmen by the number of sophomores.

678 - 552 = 126

Just subtract 678-552
Which equals 126
There are 126 more freshmen than sophomore students

Nine less than one fourth of a number 6. Find the number.

Answers

5.3057(600)578)542)(200)

Explain how Main Sequence Stars
are different from Giant stars and
Dwarf stars?


Help me with thissss

Answers

A giant star is a star with substantially larger radius and luminosity than a main-sequence (or dwarf) star of the same surface temperature. They lie above the main sequence (luminosity class V in the Yerkes spectral classification) on the Hertzsprung–Russell diagram and correspond to luminosity classes II and III.

Helllpppp me please!

Answers

Answer:

b. 0.225

Step-by-step explanation:

tan = opposite / adjacent

opposite of A is 9

adjacent of A is 40

9/40=0.225

It is B 0.225 I don’t know for sure but I think it is

2. Express each of the following percentages as
a decimal.
(a) 4%
(b) 633%​

Answers

Answer:

a. 0.04

b. 6.33

Step-by-step explanation:

a. If we want to convert into decimal we need to divide it by 100 then answer will 0.04

4/100 = 0.04

b. If we want to convert into decimal we need to divide it by 100 then answer will 6.33

633/100 = 6.33

Pls help..it is an emergency...
Thank u

Answers

Answer:

Triangle A did a reflection over the x-axis and the translated down two units to become triangle B

Step-by-step explanation:

Hope this helps. Happy Halloween

Write the sentence as an equation.
m divided by 341 equals 315

Answers

Answer:

m/341=315

Step-by-step explanation:

Answer:

m/341=315 because the divided symbol is / and the equals symbol is = so replace the words with the symbol.

please help, and it’s ok if you don’t understand it or get it wrong, please don’t feel guilty ^-^

Answers

Answer:

i think its 4.5

Step-by-step explanation:

what expression can be used to 80% of 120

Answers

Answer:

59%

Step-by-step explanation:

Answer:

96=80% of 120

Step-by-step explanation:

A kayak is originally priced at $100. The online retailer gives a discount and the kayak is now priced at $75. Enter the percentage discount for the cost of the kayak.

Answers

Answer:

25%

Step-by-step explanation:

Discount:

  $100 * .25 = $25

New Price:

  $100 - $25 = $75

PLEASE HELP MEE ASAP!

Answers

Answer:

Step-by-step explanation:

1/6

An airplane 30,000 feet above the ground begins descending at the rate of 2000 feet per minute. Assume the plane continues at the same rate of descent. whats the slope and y intercept ​

Answers

Answer:

The slope is -2000 and the y-intercept is 30,000

Step-by-step explanation:

slope-intercept form: y=-2000x+30,000

Explain why the graph of the quadratic function ()=2++5 crosses the y-axis by does not cross the x-axis

Answers

Answer:

The graph of a quadratic function is a parabola, and its parts provide valuable information about the function.

Step-by-step explanation:

Type the correct answer in each box. Spell all words correctly, and use numerals instead of words for numbers. If necessary, use / for the fraction bar(s). ∆ABC and ∆FDE are congruent by the criterion. (Use the three-letter abbreviation without spaces.) The value of x is , and the value of y is .

Answers

*See attachment for the given diagram.

Answer:

∆ABC and ∆FDE are congruent by the SSS criterion.

The value of x is 11 and the value of y is 8

Step-by-step explanation:

Based on the Side-Side-Side (SSS) Congruence Theorem, ∆ABC and ∆FDE are congruent to each other. The 3 sides of ∆ABC are congruent to the 3 given sides of ∆FDE.

Thus:

AB ≅ DF

BC ≅ DE

CA ≅ FE

Find x:

Since BC ≅ DE, therefore measure of BC = measure of DE.

BC = x + 3

DE = 14

Thus,

x + 3 = 14

Subtract 3 from each side

x = 14 - 3

x = 11

Find y:

Since AB ≅ DF, therefore the measure of both sides are equal.

AB = 3

DF = x - y

Thus,

x - y = 3

Substitute x = 11 into the equation

11 - y = 3

Subtract 11 from both sides

-y = 3 - 11

-y = -8

Divide both sides by -1

y = -8/-1

y = 8

Answer:

Below

Step-by-step explanation:

got it right

Can someone explain how to find the slop and y-intercept?

Answers

Answer:

slope: 4/5

y-intercept: (0,4)

slope intercept form: y = 4/5 x + 4

Step-by-step explanation:

to find the slope, you have to find the difference of the x coordinants and the difference of the y coordinants. since the two coordinants we have are 0,4 and 5,0 and we know that 0 - 5 is -5 and 0 - 4 is -4 we then have to divide the two. so now we get -4/-5. since a negative divided by a negative is a positive, the negative signs cancel out. since the fraction is in simplest form, that is our answer. also, since its rise over run, it means that everytime you go up or down 4 and over 5, you will reach a whole number on the graph.

okay, now the y-intercept is when the line crosses the y-axis/when x=0. the y-intercept for this example would be 4 or (0,4). i hope that makes sense. like i said ill get back to you on the slope thing in a minute just a second...

-3 ( -4 - 5x) = -18 i'll help with your questions :)))

Answers

Answer:

-15

Step-by-step explanation:

-3(-4-5x)= -18

12+15x= -18-12

15x= -30

x= -30÷15

x= -15

What does sin(-u) equal?
.
.
.
.
.
.
.
PLEASE HELP!!!

Answers

Answer:

-sin(u)

Step-by-step explanation:

This is a Trig identity.  The best way to understand this is to start at zero degrees.  +u would move counterclockwise, while -u moves clockwise.  The sine function gives you how far in the y-direction you are from the x-axis.  Since you're moving the same amount by going u degrees (or u radians) around the circle as you would going -u degrees (or -u radians), your distance from the x-axis is the same.  But it reflects over the x-axis, so the two outcomes are inverses of each other.

How do I solve |x-1|-1.4 = 6.2

Answers

Answer:

x1= -6.6   x2= 8.6

Step-by-step explanation:

Answer:

x1= -6.6, x2= 8.6

Step-by-step explanation:

|x-1|-1.4=6.2

|x-1|=6.2+1.4

|x-1|= 7.6

x-1=7.6 or x-1= -7.6

x= 8.6 and x= -6.6

Tom walks 3.2 km every morning. How many feet are in 3.2 km, given that 1 mile = 1.609 km and 1 mile = 5,280 feet? 2,654.85 feet 8,500.67 feet 10,500.93 feet 16,901.15 feetTom walks 3.2 km every morning. How many feet are in 3.2 km, given that 1 mile = 1.609 km and 1 mile = 5,280 feet? 2,654.85 feet 8,500.67 feet 10,500.93 feet 16,901.15 feet

Answers

Answer:

10,500.93 feet

Step-by-step explanation:

From the question, we are told that Tom walks 3.2km every morning.

1 mile = 1.609km

1 mile = 5280 feet

Step 1

1.609km = 1 mile

3.2km = x mile

Cross Multiply

x mile × 1.609km = 3.2km × 1 mile

x mile = 3.2km × 1 mile/1.609.

= 1.9888129273 miles

1 mile = 5280 feet

1.9888129273miles = y

Cross Multiply

y = 1.9888129273 × 5280 feet/1 mile

= 10500.932256 feet

Approximately = 10,500.93 feet

Therefore, Tom walks for 10,500.93 feet

10560

Answer:

10,500.93 feet

Step-by-step explanation:

Shelly runs 2.5 miles in 18 minutes. What is her mile time in minutes?​

Answers

Answer:

7.2 minutes

Step-by-step explanation:

You can just divide 18 minutes by 2.5, and you will get 7.2 minutes per mile. Hope it helps!

What is the coefficient in the simplified expression?

Answers

Answer:

poins lang talaga to

Step-by-step explanation:

hahahahahahahahahahahahahaha

Your free ride to work ends in 14 days. So, maybe you need a car? How much can you afford to spend? Below is what's available at a dealership near you. Which car should you buy? Before you decide, think about this: You do not have enough money in your account to buy a car. You'll have to finance your purchase. You'll have to put down 25% of the vehicle's selling price as a down payment.

Answers

Step-by-step explanation:

Kindly find attached a screenshot of the price list of some cars from motor 1 .com since you did not provide any in the question, and let us assume it is the same as what is available at a dealership near you.

From the list, since you don't have enough money in your account to buy a car, I will say you should get a 2017 Nissan Versa for $11,990

and 25% of  $11,990 is

(25/100)* 11,990

0.25* 11,990

$2997.5

So you can make a down payment of $2997.5

and pay the remainder of $8992.5 later

The value of -4 - x is positive. What must be true about x ?
i need help with this asap

Answers

Answer:

x must be less than -4

Step-by-step explanation:

We need to set the equation equal to 0

-4 - x > 0

+ -4   +   -4

x < - 4

12) 12 ft. = ? yd. (1yd. = 3 ft)

13) 2 gal. = ? qt. (4qt.= 1 gal.)

14) 2 gal. = ? oz. (1qt. = 32 oz.)

Help!!

Answers

12. 4 yds.
13. 8 qts.
14. 118 oz

Nine years ago, Tarah opened a savings account with her bank. She started with a balance of $359 and has not made any withdrawals or deposits since then. If her interest rate is 8% each year, how much interest has accrued using simple interest?
Total Interest = $


What is Tarah's new total balance?

New Balance Total = $

Answers

Answer:  

Total interest = $28.72

New balance = $ 387.72

Explanation: Tarah has $359 in the bank. To find the amount of interest, multiply 359 by .08.

She gets $28.72 interest annually.

In one year, she will make $387.72.  (Add the total interest to her original balance)

Plz mark brainliest:)

The stemplot shows the number of magazines sold by students in a band. One data value was inadvertently omitted from the stemplot. A stemplot titled magazines sold has values 8, 9, 12, 12, 13, 15, 16, 16, 16, 18, 21, 22, 23, 27, 28, 32, 34, 40. Which statement is true? If the missing data value was 55, the range of the data would change significantly. If the missing data value was 55, the interquartile range of the data would change significantly. If the missing data value was 22, the range of the data would change significantly. If the missing data value was 22, the interquartile range of the data would change significantly.

Answers

Answer:

If the missing data value was 55, the range of the data would change significantly

If the missing data value was 22, the interquartile range of the data would change significantly

Step-by-step explanation:

Given the data

8, 9, 12, 12, 13, 15, 16, 16, 16, 18, 21, 22, 23, 27, 28, 32, 34,40

The range of the data is the difference between the highest value and the lowest value of the data.

Highest value = 40

Lowest value = 8

Range = 40-8

Range = 32

If 55 was missing, we need yo find the range of the data if 55 was included.

Highest value will be 55

Lowest value = 8

Range in this case = 55-8

Range = 47

Difference in range = 47-32= 15

This means that if 55 was missing, it will significantly affect the value of the range.

- Interquartile range = Q3-Q1

Q3 is the median value of the other half of the data.

Q1 is the median value of the first half of the data.

If 55 wasn't included, the first part of the data:

8, 9, 12, 12), 13, (15, 16, 16, 16

Q1 = 13 (median value of the extracted data)

The second part of the data if 55 wasn't included:

18, 21, 22, 23), 27, (28, 32, 34, 40

Q3 = 27 (median value of the second part of the data)

IQR = Q3-Q1

IQR = 27-13

IQR = 14

If 55 was included, the data will be;

8, 9, 12, 12, 13, 15, 16, 16, 16, 18, 21, 22, 23, 27, 28, 32, 34, 40,55

Q1 = N+1/4 the value

N is the sample size = 19

Q1 = 19+1/4

Q1 = 20/4

Q1 = 5th value

The 5th value in the data is 13, hence Q1 is 13

Q3 = 3(N+1)/4th value

Q3 = 3(19+1)/4

Q3 = 60/4

Q3 is the 15th value in the dataset. Since the 15th value is 28, Q3 is 28

IQR = 28-13

IQR = 15 (if 55 was included)

Difference in IQR = 15-14 = 1

This means that if 55 was the missing data, the IQR will not change significantly.

Note that the range of the data will not change if the missing value is 22 because, the 22 is a value lower than the highest value of the dataset, hence the range will remain the same (40-8 = 32) irrespective of 22 missing or not.

For the Interquartile range

If 22 was in

Q3 = 3(N+1)/4th value

Q3 = 3(19+1)/4

Q3 = 60/4

Q3 is the 15th value in the dataset. Since the 15th value is 28, Q3 is 28

IQR = 28-13

IQR = 15 (if 55 was included)

Difference in IQR = 15-14 = 1

This means that if 55 was the missing data, the IQR will not change significantly.

Based on the calculation, the correct options are:

- If the missing data value was 55, the range of the data would change significantly

- If the missing data value was 22, the interquartile range of the data would change significantly

Answer:

a

Step-by-step explanation:

edge 2021

A local mechanic charges customers a flat fee of $60 before any work is done in the rate of 85 per hour for labor which equation represents the relationship between the total charge for labor L in dollars and the number of hours worked h?

Answers

Answer:

im not sure but here u go 85x+60

Other Questions
4.- Choose the right answer. A: Hace cuatro horas que mi hermano juego videojuegos.B: Hac tres horas que mi hermano juga videojuegos.C: Hace dos horas que mi hermano juega videojuegos.D: Hace una hora que mi hermano juegan videojuegos. What is the following sum? Selected Information from Balance Sheets (As of Year End for Years 0 and 1) Year 0 Year 1 Cash 1,000 2,000 Accounts Receivables 1,000 5,000 Inventory 5,000 4,000 Property, Plant and Equipment (net) 12,000 11,000 Accounts Payable 5,000 4,000 Unearned Revenue 2,000 1,000 Bonds Payable 5,000 6,000 Common Stock 3,000 4,000 Retained Earnings 5,000 7,000 Income Statement (Year 1) Sales 20,000 Costs of Goods Sold (8,000) Wage Expense (4,000) Depreciation Expense (2,000) Loss from PP&E Sale (1,000) Net Income Before Tax 5,000 Tax Expense (2.000) Net Income 3.000 In the space provided, prepare the Operating section of the statement of cash flow for Year 1, using the indirect approach. What claim does the author make in her argument in this selection? A stream of oxygen enters a compressor at 298 K and 1.00 atm at a rate of 127m3/h and is compressed to 358 K and 1000 atm. Estimate the volumetric flow rate of compressed O2 using the compressibility-factor equation of state. Could you please put the answer with the letter? Does not need to be in order too. Which of the following was a military advantage that the Americans enjoyed over the British during the Revolutionary War?OA. A single top commander served throughout the entire conflict.OB. Public support for the cause was strong throughout the war.OC. Reliable pay ensured that troop morale was always high.OD. A single manufacturer produced all of the weapons used. Which sentences in the section "AuthoritarianRegimes" support the idea that ordinary peoplehave very little power in authoritarian governments?AIt is dangerous to categorize a nation simplyby the moment in time during which they wereexamined.BKings, military leaders, emperors, a smallgroup of aristocrats, dictators and evenpresidents or prime ministers may ruleauthoritarian governments.CAuthoritarian governments may holdelections. They may even have contact withtheir citizens.DThe leaders decide what the people can orcannot have. Citizens, then, are subjects whomust obey. What character traits make Achilles in hector and Achilles Heroic? 1/5t+2- =171/5t.1/5tT= Both Lone Dog and Playing Robinson Crusoe are about animals.How is the poem and story alike?Both passages explain what life is like from the point of view of a dog.Lone Dog describes dogs positively, but Playing Robinson Crusoe describes good and bad things about cats.Lone Dog compares the behaviors of two types of dogs, while Playing Robinson Crusoe compares the life of an indoor cat who must survive outside.Both passages discuss the loving relationship between pets and humans. Can someone plz plzzz help me out with these problems I been stuck on them for the past hour and a half is there an edge to the universe? 1/2 inch is equal to ____ /16 inch a. 8 b. 2c. 6d. 4 How have you dealt with failure and bounced back from it? 24 is what percent of 300 which of the following sentence uses the correct verb tense A your science class won't meet yesterday. B my mother goes running every day. C currently, my favorite food was ice cream. D the candied yams were delicious tomorrow Global strategic planning is a primary function of a company's managers, and the process of strategic planning provides a formal structure for undertaking this process. Companies are confronting a set of environmental forces that are increasingly complex, global, and subject to rapid change. In response, many international firms have found it necessary to institute formal global strategic planning to provide a means for top management to identify opportunities and threats from all over the world. Required:Formulate strategies to handle them, and stipulate how to finance and manage the implementation of these strategies? On Tuesday, a local hamburger shop sold a combined total of 435 hamburgers and cheeseburgers. The number of cheeseburgers sold was two times the number of hamburgers sold. How many hamburgers were sold on Tuesday? que son unos hiatos con vocales abierta?