Mathematics, 04.07.2019 02:30 kayliehernandez
Afriend creates an ira (individual retirement account) with an apr of 6.25%. she starts the ira at the age of 25 and deposits $50 at the end of each month. how much will her ira contain when she retires at the age of 65? a. $106,435.62 c. $106,601.32 b. $106,595.63 d. $106,613.15
Answers: 1
![\text{FV of annuity}=P[\frac{(1+r)^n-1}{r}]](/tpl/images/0048/6073/238f8.png)
![\Rightarrow \text{FV of annuity}=50[\frac{(1.0052)^{480}-1}{{0.0052}}]](/tpl/images/0048/6073/9fc8c.png)
![\Rightarrow \text{FV of annuity}=50[\frac{12.0556-1}{{0.0052}}]](/tpl/images/0048/6073/359bd.png)
Another question on Mathematics
Mathematics, 21.06.2019 16:10
The line containing the midpoints of the legs of right triangle abc where a(-5,5), b(1, 1), and c(3, 4) are the vertices.
Answers: 3
Mathematics, 21.06.2019 22:00
The figure shows the front side of a metal desk in the shape of a trapezoid. what is the area of this trapezoid? 10 ft²16 ft²32 ft²61 ft²
Answers: 2
Mathematics, 21.06.2019 22:20
Question 5 of 10 2 points if a population is a sample of the population could be a. registered voters; all citizens o o b. baptists; all religious people o c. people who purchased shoes; all customers o d. the entire school faculty; math teachers
Answers: 3
Mathematics, 22.06.2019 03:00
Find the slope of the line that passes through the points (0, 0) and (-2, -3). 2/3 3/2 -3/2
Answers: 2
You know the right answer?
Afriend creates an ira (individual retirement account) with an apr of 6.25%. she starts the ira at t...
Questions
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
Mathematics, 31.03.2021 21:10
