Andy would like to withdraw an annual salary of $45,000 from an account paying 3. 1% compounded annually for 25 years once she retires. Given this information, determine the amount needed in her account in order for her to reach her goal. Round to the nearest cent. A. $9,386,168. 48 b. $14,516. 13 c. $798,954. 46 d. $774,931. 58.

Answers

Answer 1

The amount needed in her account in order for her to reach her goal. Round to the nearest cent is: d. $774,931. 58.

Using this formula

PVA=Principal [(1-rate)^time/rate]

Let plug in the formula

PVA=45000[(1-(1+0.031)^(-25))/0.031]

PVA=45000[(1-(1.031)^-25)/0.031]

PVA=45,000(1-0.4661582427091)/0.031

PVA=45000(0.533841757290/0.031)

PVA=45000(17.22070184809)

PVA=$774,931.58

Inconclusion the amount needed in her account in order for her to reach her goal. Round to the nearest cent is: d. $774,931. 58.

Learn more about compounded interest here:

https://brainly.com/question/24274034


Related Questions

GOAL: Your goal is to create a collage out of real life scenario that involves one of the different kinds of variation. Create a collage showing how variation can be applied in the current situation in the world right now. ROLE: Artist AUDIENCE: Art Enthusiast SITUATION: You have participated in a contest and must make an artwork with a theme: “MATH IN THE NEW NORMAL: ADOPTING, CONNECTING AND ENJOYING”. As an aspiring artist you are going to show people how variation is important in real life. PRODUCT: Collage with problems and solution involving variation STANDARD FOR ASSESSMENT: Clarity, Accuracy and Creativity

Answers

Answer: How is this math

Step-by-step explanation: What can I help you with? I’m not sure what you’re asking

Solve with elimination:
-2x - 4y = 8
-6x +24 = 12y

Answers

Ohh, Elimination Im doing that XD So its

Anwser - No Solution

a) work out the size of angle x.

b) give reasons for your answer.

Answers

Answer:

x=30

Step-by-step explanation:

105 is also the same as angle b which is also the same as the angle opposite.

so

150+150=300

360-300=60

60/2=30

hope that helps.

plz mark as brainliest if correct

thank you

Answer:

x=75°

Step-by-step explanation:

the angle that is 105° and the angle that is x makes a co interior angle.

the two angles belonging to that co interior angle will always add up to 180°.

so in this case, 180° - 105° = x

answer = x=75°

help me pliz ill give u full stars i need help quick fast pliz

Answers

Answer:

[-5, 5]

Step-by-step explanation:

PLEASE HELP ASAP!!!
Complete this item.
For the following figure, can you conclude that l || m? Select true or false.

Answers

Answer:

d

Step-by-step explanation:

[tex] \qquad \quad\huge \bf༆ Answer ༄[/tex]

The statement is False !

If we observe the two line, we get the results that pair of corresponding angles in the given figure isn't equal. therefore we can conclude that the lines are not parallel

A math student goes to an office supply store and purchases a total of 16 spirals and pencils. Each spiral costs $3. 50, and each pencil costs $1. 25. If the student spent a total of $29, how many pencils did the student purchase?.

Answers

The student purchase 12 pencils

Let the total number of pencils purchased be xLet the total number of spirals purchased be y

If a math student goes to an office supply store and purchases a total of 16 spirals and pencils, then;

x + y = 16 .................. 1

If each spiral costs $3. 50, and each pencil costs $1. 25 and the student spent a total of $29, hence;

1.25x + 3.5y = 29 ................. 2

Solve both equations simultaneously

x + y = 16 .................. 1 * 1.25

1.25x + 3.5y = 29 ................. 2 * 1

__________________________________

1.25x + 1.25y =  20.

1.25x + 3.5y = 29

Subtract both equations

1.25y - 3.5y = 20 - 29

-2.25y = -9

y = 9/2.25

y = 4

Substitute y = 4 into equation 1:

x + y = 16

x = 16 - 4

x = 12

This means that the student purchase 12 pencils

Learn more on simultaneous equations here: https://brainly.com/question/15165519

Which of the expressions below has a product that is greater
than 140? Select all that apply.
A) 11.5 x 12
B) 11.85 x 12
C) 15.2 x 9
D) 23.4 x 6
You can earn 5 coins

Answers

B and D
11.85 x 12 = 142.2
23.4 x 6 = 140.4

Bianca, Kelly, and Sara are running a race. They
complete the race in 2.35 hours. If the race was
51.7 miles, calculate their average speed.
Helppppppppp

Answers

Answer:

22 miles per hour

Step-by-step explanation:

1. Formula: speed = distance/time

2. s = 51.7 mi ÷ 2.35 hrs

3. s = 22 miles per hour

Rachel bought a sheet of fifty 34-cent stamps from the post office. she paid for the stamps with a $20 bill. how much money should she get back?

Answers

50 x 0.34 = 1.70
20 - 1.70 = 18.30

Find the equation of the line that
is parallel to y = 5x – 4 and
contains the point (4,5).

Answers

Answer:

y = 3+1/2

that should be the answer

6) Error Analysis. Analyze the work below, describe the error then
determine the correct value for x.
26 = 4x - 2
24 = 4x
6 = x

Answers

Answer:

The error is that 2 should have been added to both sides, 7 = x

Step-by-step explanation:

can you please help me with this question please

Answers

Answer:

c=$214.28

Step-by-step explanation:

Since you have the (p) value (p=285.7) all you need to do is plug it into one of these two equations

c=0.75p --- c=0.75(285.7)= 214.275-- 214.28

c=0.4p+100 --- c= 0.4(285.7) + 100 --- c= 114.28 +100 -- c= 214.28

either way its the same, just plug it into one or the other

Find the volume of the box
Use the formula V = lwh

3x - 2, 2x + 1, x + 1

A. 6x^3 + x - 2

B. 6x^3 + 5x^2 - 3x - 2

C. 6x^3 - 2

D. 6x^3 - 13x^2 - 3x - 2

Answers

answer is B. detrjrajaetkterjaejq

How to solve for x using the equation: 12 = -4 (- 6x - 3)

Answers

I don’t know how to explain it so I am just giving the equation

12=-4(-6x-3x)
Divide both sides by 4
12/4=-4(-6x-3x)/4
3=-4(-6x-3x)/4
3=-(-6x-3x)
3=9x
9x/9 = 3/9
Divide both sides by 9
x=1/3

Use a model to solve ten multiplied by three sevenths . Leave your answer as an improper fraction.

Group of answer choices

thirteen sevenths

thirty seventieths

thirty sevenths

thirteen seventeenths

Answers

Answer:

30/7

Step-by-step explanation:

use desmos ( look it up(

Nolan began a savings account three years ago. He invested $100 at a 2% interest rate according to the equation Vn = 100(1.02)x, where Vn is the value of his account after x years. Anias started an account today. She invested $100 at a 2% interest rate according to the equation Va = 100(1.02)x–3, where Va is the value of her account. Let’s say Anias started saving at the same time Nolan did, three years ago. Approximately how much money would she have had to invest to have the same amount of money she has now?
$5.77
$90.24
$94.23
$106.12

Answers

Answer: 94.23

Step-by-step explanation:

For any parallelogram what is not always true

Answers

Answer:

The diagonals are congruent.

Step-by-step explanation:

Answer:

1) The diagonals are congruent.

3) The opposite angles are congruent.

4) The opposite sides are parallel.

Step-by-step explanation:Two pairs of opposite sides are congruent. The diagonals are perpendicular to each other. 4 In parallelogram QRST, diagonal is drawn. Which statement must always be true?

if it does not work sorry

If and , find .

A.

B.

C.

D.

Answers

Answer: GOONNA BE BE SIRRRRR BTW I HAVE IPHONE 21345678

Step-by-step explanation:

pls help pls no links ​

Answers

Answer:

d

Step-by-step explanation:

when you are dividing like numbers with different exponents, subtract them

In the auditorium there are 15 red chairs and 35 blue chairs. What is the ratio of the number of red chairs to the number of blue chairs?

Write your answer as two numbers separated by a colon (for example, 2:3).

Answers

3:7  

This means that for every 7 blue chairs, there are 3 red chairs.

There are 900 seats on a train. 540 of the seats are empty. What percentage of the seats on the train are empty?

Answers

60% of the seats on the train are empty

you have to divide 900 by 9 to get 100 because percents are out of 100, then you have to divide 540 by 9 also.

Answer:

60%

Step-by-step explanation:

Because there are 540 empty, and 900 total, you need to divide 540 by 900.

540/900=54/90=6/10=60/100

When you get 60/100, or 0.6, you know that it is 60 percent because percent is out of 100.

In AWXY, WY is extended through point Y to point Z, mZYWX = (20 + 12)",
,
mZWXY
(2x + 5)", and m_XYZ = (7x - 1). What is the value of x?

Answers

2x+7=yxz hope this help i was confused

Mrs. Hill went to get an oil change, because she has a 20% off coupon. If the oil change is 35.00, how much is the discount?
In problem #1, how much does Mrs. Hill have to pay?

Answers

The discount is $7, and Mrs.Hill only has to pay $28.

Answer:

28.00

Step-by-step explanation:

Omar drew a line that was 12 centimeters long. Which line is 5 centimeters shorter

Answers

Answer:

12 - 5 is 7 so the line would be 7 centimeters

Step-by-step explanation:

Answer:

the answer is 7

Step-by-step explanation:

12-5=7

show work! my teacher told me this was wrong, what's the correct answer?​

Answers

Answer:

I do not know man but good luck

Find: (4x2y3 2xy2 â€"" 2y) â€"" (â€""7x2y3 6xy2 â€"" 2y) Place the correct coefficients in the difference. X2y3 xy2 y.

Answers

The required coefficient is 11,-4 and 0.

Given expression is,

[tex](4x^2y^3 + 2xy^2- 2y) -(-7x^2y^3 + 6xy^2-2y)[/tex]

we have to find the coefficient of the above expression.

ON solving the above expression,

[tex](4x^2y^3 + 2xy^2- 2y) -(-7x^2y^3 + 6xy^2-2y)=4x^{2} y^{3} +2xy^2-2y+7x^2y^3-6xy^2+2y[/tex]

[tex](4x^2y^3 + 2xy^2- 2y) -(-7x^2y^3 + 6xy^2-2y)=11x^2y^3-4xy^2+0y[/tex]

Hence from the above expression, it is clear that the coefficient of [tex]x^2y^3[/tex] is 11,[tex]xy^2[/tex] is -4 and [tex]y[/tex] is 0.

For more details on coefficient follow the link:

https://brainly.com/question/10702726

Which number is equivalent to 2^−5⋅ 3 ⋅ 2^2 ⋅ 3^3?

A. 648
B. 216
C. 81/8
D. 27/8

Answers

[tex]2^{-5} \cdot 3 \cdot 2^2 \cdot 3^3\\\\=2^{-5 +2} \cdot 3^{1+3}\\\\=2^{-3} \cdot 3^4\\\\=\dfrac{3^4}{2^3}\\\\=\dfrac{81}{8}\\\\\\\text{So, the answer is C.}[/tex]

Plz help me give me answer

Answers

Answer:

C

Step-by-step explanation:

The absolute value is the distance between a number and zero. The distance between -3 to 0 is 3, because |-3| = 3.One thing you should remember is that distance can never be negative.

Answer:

C. 3, because |-3| = 3

Hope you could get an idea from here.

Doubt clarification - use comment section.

pls help this is homework

Answers

Answer:

ans 144

Step-by-step explanation:

hope this helps

Answer:

144

Step-by-step explanation:

First we can start by replacing x with the value (2)

[tex]120 + 18(2) - 3 {(2)}^{2} [/tex]

[tex]120 + 36 - 3(4)[/tex]

[tex]120 + 36 - 12[/tex]

Therefore the final answer is 144

Find the slope of the line that passes through 9,7 and 6,15

Answers

[tex]\huge \bf༆ Answer ༄[/tex]

Let's find the slope considering the points (9 , 7) and (6 , 15)

[tex] \sf \dfrac{y2 - y1}{x2 - x1} [/tex]

[tex] \sf \dfrac{15 - 7}{6 - 9} [/tex]

[tex] \sf \dfrac{8}{ - 3} [/tex]

[tex] - \dfrac{8}{3} [/tex]

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