subject
Mathematics, 29.01.2020 19:56 GreenHerbz206

Sam opened a retirement fund with $25,000. the fund pays 4.8% interest compounded monthly, and he expects to retire in 40 years. he also does not plan to make any payments into the account. he used the tvm solver to him predict how much his retirement fund would be worth in 40 years (see below). what did sam do incorrectly? what can he do to fix his mistake?
n = 40
i% = 4.8
pv = -25000
fv = ?
p/y = 12
c/y = 12

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 22.06.2019 01:50
If its non of them tell me..valerie took a day-trip. she drove from her house for a while and took a coffee break. after her coffee break, she continued driving. after  2  hours of driving after her coffee break, her distance from her house was  210  miles. her average speed during the whole trip was  60  miles per hour.valerie created the equation  y−210=60(x−2)  to represent this situation, where  xx  represents the time in hours from her coffee break and  yy  represents the distance in miles from her house.which graph correctly represents valerie's distance from her house after her coffee break?
Answers: 1
question
Mathematics, 22.06.2019 02:30
Select the correct statement about the function represented by the table
Answers: 2
question
Mathematics, 22.06.2019 02:30
According to a research study, parents with young children slept 6.4 hours each night last year, on average. a random sample of 18 parents with young children was surveyed and the mean amount of time per night each parent slept was 6.8. this data has a sample standard deviation of 0.9. (assume that the scores are normally distributed.) researchers conduct a one-mean hypothesis at the 5% significance level, to test if the mean amount of time parents with young children sleep per night is greater than the mean amount of time last year. the null and alternative hypotheses are h0: μ=6.4 and ha: μ> 6.4, which is a right-tailed test. the test statistic is determined to be t0=1.89 using the partial t-table below, determine the critical value(s). if there is only one critical value, leave the second answer box blank.
Answers: 3
question
Mathematics, 22.06.2019 03:30
Graph each quadratic function and identify its key characteristics. f(x) = x^2 - 2x - 3
Answers: 1
You know the right answer?
Sam opened a retirement fund with $25,000. the fund pays 4.8% interest compounded monthly, and he ex...
Questions
question
Mathematics, 04.08.2019 17:40