You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 at the end of each year for the next 30 years.

Answers

Answer 1

If you invest $2,000 at the end of each year for the next 30 years and earn an annual rate of return of 13%, you would have a total of approximately $75,994.18 saved for retirement.

To calculate the future value of the investment, we can use the formula for the future value of an annuity:

[tex]FV = PMT \times \dfrac{((1 + r)^{n - 1})} { r}[/tex]

where PMT is the annual payment, r is the annual interest rate, and n is the number of periods.

In this case, we have PMT = $2,000, r = 0.13 (since the stock market has earned 13% per year), and n = 30 (since we are investing for 30 years).

Plugging in the values, we get:

FV = $2,000 x ((1 + 0.13)³⁰ - 1) / 0.13

= $2,000 x (4,919.04) / 0.13

= $75,994.18

Therefore, a total of about $75,994.18 would be saved for retirement if you invested $2,000 at the end of each year for the next 30 years and saw a 13% annual return.

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Related Questions

Which is NOT personally liable for any losses or damages? Group of answer choices Shareholders in a public corporation, Owner of a sole proprietorship, Shareholders in a corporation, Partners in a partnership

Answers

The option which is not personally liable for any losses or damages is Shareholders in a public corporation, the correct answer is A.

We are given that;

Four options of damages

Now,

Shareholders in a public corporation are not personally liable for any losses or damages caused by the corporation, because they have limited liability. This means that they can only lose the amount they invested in the corporation, and their personal assets are protected from creditors or lawsuits12.

Owner of a sole proprietorship, shareholders in a private corporation, and partners in a partnership are all personally liable for any losses or damages caused by their business activities, unless they have some form of liability insurance or protection12. This means that they can be sued for their personal assets if the business cannot pay its debts or obligations.

Therefore, by unitary method the answer will be Shareholders in a public corporation

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URGENT!! ILL GIVE BRAINLIEST! AND 100 POINTS

Answers

because it only goes through 1 point

Answer:

The second scatterplot does not suggest a linear relationship between x and y.

How would you describe what this transformation looks like when preformed on a coordinate plane

Answers

The description of function transformations and an example is highlighted below

Describing the transformation of the functions

To describe the transformation of the functions, we need to identify the image and the preimage of the functions to be transformed

Take for instance the function is y = x² transformed to the function y = (x + 3)²

This means that the parent function is y = x²

When compared, we can see that

x in y = x² is x + 3 in y = (x + 3)²

This means that y = x² is shifted left by 3 units to form y = (x + 3)²

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Answer appreciated! :D

Answers

Answer:

5/2

Step-by-step explanation:

Slope is rise over run, or how far it goes in the y direction over how far it goes in the x direction. In this case, y increases by a value of 5 at the same time x is increasing by a value of 2. This makes the slope 5/2, and it is positive since the values are increasing. If there is a problem your stuck on like this try graphing the points, desmos has a good graphing calculator :)

Find (fog)(2).
f(x) = 3x + 2
g(x) = x²
(fog)(2)=

Answers

Answer:

(f·g)(2) = 14

----------------------------

Find the composition of the functions f(x) and g(x), which is written as f(g(x)).

Given functions:

f(x) = 3x + 2,g(x) = x² .

Find f(g(x)):

f(g(x)) = f(x²) = 3(x²) + 2

Evaluate f(g(2)):

f(g(2)) = 3(2²) + 2 = 3(4) + 2 = 12 + 2 = 14

So, (f·g)(2) = 14.

MODELING REAL LIFE A hemisphere-shaped mole has a diameter of 5.7 millimeters and a surface area of about
51 square millimeters. The radius of the mole doubles. Estimate the new surface area of the mole. Round your
answer to the nearest whole number.
The new surface area is square millimeters.

Answers

The new surface area of the hemisphere-shaped mole would be = 102mm².

How to calculate the new surface area for the hemisphere-shaped mole?

A hemisphere-shaped mole has a shape that has one surface that is curved and the other surface a flat circular base.

Since the surface area of one hemisphere has been given, the second hemisphere can be determined.

To calculate the new surface area of the hemisphere-shaped moles the following is carried out;

Radius of the initial mole = 5.7/2 = 2.85 mm

If 2.85mm radius = 51 mm²

2(2.85mm) radius = x

Make X the subject of formula;

X = 2×2.85 × 51/2.85

= 102 mm²

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Anwer fast due tomorrow show work

Answers

Answer:45.3 miles/h

Step-by-step explanation

let 'x' be the speed of the car.

60 × 2/3 = 120/3 = 40

30 × 1/5 = 151/5

151/5 /40 = x / 60

151 / 200 = x / 60

=> x = (151×60) / 200

=> x = 45.3

A cube has volume 3375 cubic inches. Determine the area of one face of the cube.​

Answers

The area of one face of the cube that has a volume of 3375 cubic inches is: 225 square inches.

What is the Volume of a Cube?

A cube has equal edge length, and therefore has faces with the same area. The formula for finding the volume of a cube is given as:

Volume of cube = s³, where s is the side length of the cube.

Also, to find the area of one face of a cube, we would use the formula below:

Area of one face of a cube = s².

Given the following:

Volume of a cube = 3375 cubic inches

Find s as shown below:

s = ∛3375

s = 15 inches.

Therefore, we have:

Area of one face of a cube = 15² = 225 square inches.

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I REALLY NEED THIS TO PASS SOMEONE PLEASE TRY AND HELP

solve this triangle. Round to the nearest tenth

Answers

Answer:

Im pretty sure its the third one

Step-by-step explanation:

It all depends on the square root to find the nearest tenth and rounding it all up.

i need help with this, please anyone I am so scared of failing. Please explain throughly,

thank you so much.

Answers

Check the picture below.

[tex]\stackrel{ \textit{\LARGE Areas} }{\stackrel{ triangle }{\cfrac{1}{2}(26)(17)}~~ + ~~\stackrel{ rectangle }{(26)(9)}}\implies 221+234\implies \text{\LARGE 455}[/tex]

This graph represents the flight path of a model rocket launched in a park.

What do the key features of the curve represent in terms of the flight path of the rocket?

Chose from the drop-down to match each situation.

ill give brainlyest to the first to correctly answer this

Answers

The drop down menu is used to match each situation as below.

1. The rocket reached its maximum  the x-value of the vertex

height in 5 s.

2. ground level                                    the y-intercept

3. The rocket launcher was                the y-value of the point containing

on the ground.                                     the x-intercept on the right

4. The rocket was in the air 10           the x-intercept on the right                                                                                    

5. The maximum height of the           the y-value of the vertex

rocket is 50 ft.

6. the time the rocket was                the x-value of the point containing the

launched                                          y-intercept

What is the key feature of the curve

The key features of the curve such as the x intercept is the point the launcher and the rocket were on ground.

The vertex is the point the rocket had the maximum and height.

Generally, the curve traces a parabolic path

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Quiz: Measures of Center and Spread
Question 1 of 10
If data set A has a larger standard deviation than data set B, data set A is more spread out than data set B.
A. True
B. False

Answers

The given statement "If data set A has a larger standard deviation than data set B, data set A is more spread out than data set B" is true.

The standard deviation is a measure of a data set's dispersion. It tells us how far the data values are from the mean.

A larger standard deviation means that the data points are more spread out, i.e., they are farther from the mean.

Therefore, if data set A has a standard deviation that is greater than data set B, it means that the values in data set A are more spread apart.

Hence, the given statement is true.

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b. Allison went to the bakery and spent $3.75 for each cookie she bought and $1.50 for
a cup of lemonade. She spent a total of $24.00. What was the cost of each cookie?
Equation:
Answer:

Answers

Equation: 3.75x + 1.5 = 24
Answer: each cookie costs $6.00
OR
x=6

2. The ramp above connects two vertical supports,
forming two similar triangles: AADE~ AABC. Side AC corresponds to which side in the other triangle?

Answer:

3. What is the length of side BC?

Answers

The side AC corresponds to the side AC in the other triangle and the length of BC is 15 units

Side AC corresponds to which side

For two triangles to be similar, the corresponding sides of the triangles must be in proportion

Having said  that

The side AC corresponds to the side AC in the other triangle

What is the length of side BC?

The length BC is calculated as

BC/9 = 25/15

Express as products

So, we have

BC = 9 * 25/15

Evaluate the products

BC = 15

Hence, the length of BC is 15 units


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which statement about odd functions is correct?

Answers

Answer:  C

Step-by-step explanation:

Think about y=[tex]x^{3}[/tex]     This is an odd function because the highest exponent(degree) is odd

A.  is wrong. Symmetry is where you can fold it and it would be the same.  If i folded y=[tex]x^{3}[/tex] along the y- axis it would not be the same.  

B is wrong. Transformations are where has it moved, which has nothing to do with odd functions in general

C.  is correct.  It is folded along y=x and flipped.

D. is wrong.  If folded y=x it's in the same quadrant but it's not the same, its' reversed.

a + b = 10 a - b = 2 Solve the system of equations. Responses

Answers

The solution to the given system of equations is a = 6, b = 4.

The system of equations is given as follows:

a + b = 10  .....(i)

a - b = 2    .....(ii)

To solve this system of equations, we can use the method of elimination.

Adding the two equations, we get:

(a + b) + (a - b) = 10 + 2

2a = 12

a = 6

Substituting a = 6 into one of the equations, we get:

6 - b = 2

b = 4

Therefore, the solution to the system of equations is:

a = 6, b = 4.

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A group of students was asked about the number of times they had been water-skiing. The data is shown in the histogram.

A histogram titled Water Skiing Trips. The x-axis is labeled Number of Times Water Skiing and has intervals of 1 to 5, 6 to 10, 11 to 15, 16 to 20, and 21 to 25. The y-axis is labeled Frequency and starts at 0 with tick marks every 1 units up to 6. There is a shaded bar for 6 to 10 that stops at 3, for 11 to 15 that stops at 5, for 16 to 20 that stops at 6, and for 21 to 25 that stops at 1. There is no shaded bar for the 1 to 5 interval.
Which of the following best describes the spread of the data?

Explain its meaning in this situation.

The data has a possible range of 19, which is a wide spread. This might mean that the most common number of water-skiing trips is 10.
The data has a possible range of 19, which is a wide spread. This might mean that there is a large difference in the number of water-skiing trips taken by the students.
The data has a possible range of 6, which is a narrow spread. This could mean that most of the students have taken a similar number of water-skiing trips.
The data has a range of 6, which is a narrow spread. This might mean that the most common number of water-skiing trips was 6.

Answers

Answer:

  (b)  The data has a possible range of 19, which is a wide spread. This might mean that there is a large difference in the number of water-skiing trips taken by the students.

Step-by-step explanation:

You want the best description of the spread of data shown in the histogram.

Spread

The least data value that can be represented on the chart is 6. The greatest value the chart can represent is 25. This means the possible range of data values is ...

  range = max - min = 25 -6 = 19

This possible spread of 19 might mean there is a large difference in the number of trips taken by students, choice B.

__

Additional comment

The range must be at least 21 -10 = 11 trips, not an answer choice. The most common number appears to be in the range 16-20, so will likely not be 10. (This is referred to as the "mode range", as we cannot tell from the grouped data what the actual mode is.)

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which parent functions have a y-intercept at (0,0)? select all that apply

Answers

Answer: A,E or F.

Step-by-step explanation: That's the only ones that have X's and then x is 0

Use the binomial theorem to find specified term of the given power of binomial ( remember that r starts at 0 in the binomial theorem so finding say the second term means that r=1)

Answers

The fourth term in the expanded form of (x - 1)⁶ is  -20x³.

What is the fourth term in the expanded form of (x - 1)⁶?

The fourth term in the expanded form of (x - 1)⁶  using the binomial theorem is calculated as follows;

The expanded form of (x - 1)⁶ using the binomial theorem is;

(x - 1)⁶ = 1x⁶ + (-6)x⁵ + 15x⁴ + (-20)x³ + 15x² + (-6)x + 1

(x - 1)⁶ = x⁶ -6x⁵ + 15x⁴ -20x³ + 15x² -6x + 1

To find the fourth term, we look for the fourth term from the left side to right side, which is  -20x³.

Therefore, the fourth term in the expanded form of (x - 1)⁶ is  -20x³.

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A ribbon is lining the outside of a circular object. If the object has a radius of 7 cm, then how long should the ribbon be?

Answers

Answer:

Length= 43.98 cm

Step-by-step explanation:

Circumference=2πr

r=7cm

C=2π(7)

C=43.98 cm

circumference is equal to the length of ribbon along the outside of the circular object

write an equivilant fractions for 3 3/4 and 1 2/3 using a common denominator iready

Answers

The requried equivalent fraction for the equivalent fraction to 3 3/4 and 1 2/3, is 45/12, and 20/12.

To find a common denominator for 4 and 3, we can multiply them together to get 12.

So, we can convert 3 3/4 as:

3 3/4 = 12/4 + 3/4 = 15/4

Similarly, we can convert 1 2/3 as:

1 2/3 = 5/3

Therefore, the equivalent fractions for 3 3/4 and 1 2/3 using a common denominator of 12 are:

15/4 = 45/12 and 5/3 = 20/12

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Which of the following choices is a linear function? NEED HELP ASAP!

Answers

Answer: f(x)=x-2

Step-by-step explanation:

Linear function means a straight line so graph each one to find which is a straight line

Help me, please my friends. I need the assistance

Answers

The area of a rectangle is 14x² + 19x - 3 square units.

The degree of 4x² + 3y - 6x⁴y + 4 is 5.

The number of terms of 4x² + 3y - 6x⁴y + 4 is 4.

Adding, subtraction or multiplying two polynomials always results in another polynomial.

How to calculate the area of a rectangle?

In Mathematics and Geometry, the area of a rectangle can be calculated by using the following mathematical equation:

A = LB

Where:

A represent the area of a rectangle.B represent the breadth of a rectangle.L represent the length of a rectangle.

By substituting the given parameters into the formula for the area of a rectangle, we have the following;

Area of rectangle = (7x - 1) × (2x + 3)

Area of rectangle = 14x² + 21x - 2x - 3

Area of rectangle = 14x² + 19x - 3 square units.

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Which is a Function or
Not a function

Answers

The relation that is not a function is relation 3, and the other 3 are functions.

Which are functions and which aren't?

A relation is a function if each point on its domain is mapped into a single point in the range.

So if you see an input that is mapped into two different outputs, then it is not a function.

Then the relation 3 is not a function, because h is mapped to different things, meaning that we have the same input being mapped to different outpouts. While the other 3 relations are all functions.

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Calculate the area of the square

Answers

The area of the given rectangle is 83.6cm²

How to find the area of the shape?

We know that the area of a rectangle is equal to the product between the dimensions, here we can see that:

b = 11cm

h = 7.6cm

The formula for the area is:

A = b*h

Replacing the values we will get:

A = 11cm*7.6cm = 83.6cm²

that is the area.

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Evelyn has 36 m of fencing to build a three-sided fence around a rectangular plot of land that sits on a riverbank. (The fourth side of the enclosure would be the river.) The area of the land is 154 square meters. List each set of possible dimensions (length and width) of the field.

Answers

The possible dimensions (length and width) of the field which is rectangle are (26m, 5m) or (5m, 26m) and (28m, 4m) or (4m, 28m)

Let's assume the length of the rectangle be L and the width be W.

We know that we have three sides of the rectangle to fence, so the total length of the fence will be L+2W = 36m.

Also, we know the area of the rectangle = L×W = 154 sq.m

Using the two equations above, we can solve for L and W as follows:

L = 36 - 2W (from the first equation)

Substituting this value of L in the second equation:

(36 - 2W)W = 154

2W² - 18W + 77 = 0

We get two possible values of width: W = 5 or W = 4

For W = 5, L = 26

For W = 4, L = 28

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given the expression (2^-3)(2^5)/2^7), select the three equivalent numerical expressions

Answers

The three equivalent numerical expressions are  1/32, 0.03125, 3.125 x 10^-2

How to simplify the numerical expressions

Using the exponential rules, we can simplify the expressions as:

(2^-3)(2^5)/2^7)

= 2^(5-3)/2^7

= 2^2/2^7

= 1/2^(7-2)

= 1/2^5

= 1/32

Therefore, three equivalent numerical expressions for the given expression are: 1/32, 0.03125, 3.125 x 10^-2

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If I have 100 tiles and 98 are letters and 2 are blank I randomly drawl 2 title the first is a consonant and the 2 nd is a vowel what is the probability that both events will occur

Answers

The probability that both events will occur is 23.76%.

Given that, you have 100 tiles and 98 are letters and 2 are blank you randomly drawl 2 title the first is a consonant and the 2nd is a vowel.

Consonants (A) = 56

Vowels (B) = 42

Blank = 2

Total letters = 100

Two letters are drawn with replacement.

P(A) = 56/100 = 0.56

P(B) = 42/ (100-1) = 0.424

P(A).P(B) = 0.56*0.424 = 0.2376

Hence, the probability that both events will occur is 23.76%.

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Complete question is attached.

In the figure below, the segments HI and HJ are tangent to the circle centered at O. Given that OI = 3.9 and OH= 6.5, find HJ.
H
6.5
9
O
HJ = 0
X

Answers

Based on the figure, we can see that triangles OHJ and OIX are similar because they share the same angle at O and HI and HJ are tangent to the circle. Thus, we can set up the following proportion:

OH / OI = HJ / (HJ + 9)

Substituting the given values:

6.5 / 3.9 = HJ / (HJ + 9)

Cross-multiplying:

6.5(HJ + 9) = 3.9HJ

Distributing:

6.5HJ + 58.5 = 3.9HJ

Simplifying:

2.6HJ = -58.5

HJ = -22.5

However, this answer doesn't make sense in the context of the problem. Since HJ represents a length, it cannot be negative. Therefore, we need to re-examine our work.

Looking back at our proportion, we can see that the ratio of OH to OI is greater than 1, which implies that HJ is greater than 9. This makes sense since HJ is a chord of the circle and thus must be longer than the radius.

Let's try the problem again, but this time we'll rearrange the proportion to solve for HJ:

HJ / (HJ + 9) = OI / OH

Substituting the given values:

HJ / (HJ + 9) = 3.9 / 6.5

Cross-multiplying:

6.5HJ = 3.9HJ + 35.1

Simplifying:

2.6HJ = 35.1

HJ = 13.5

Therefore, HJ is equal to 13.5.

Danielle deposited $300.00 into a new savings account that earns interest compounded continuously. After 8 years, the balance in the account
was $907.00. What was the interest rate on the account?
O 13.8%
O 12.5%
O 14.5%
O 10.1%

Answers

To find the interest rate on the account, we can use the formula for continuous compounding: A = P * e^(rt), where A is the final amount, P is the initial deposit, r is the interest rate, t is the time in years, and e is the base of the natural logarithm (approximately 2.718).

In this case, A = $907, P = $300, and t = 8 years. We need to find r.

907 = 300 * e^(8r)

Now, we'll solve for r:

(907/300) = e^(8r)

3.0233 = e^(8r)

To isolate r, take the natural logarithm of both sides:

ln(3.0233) = 8r

Now, divide by 8:

(ln(3.0233))/8 = r

r ≈ 0.125

To express the interest rate as a percentage, multiply by 100:

0.125 * 100 = 12.5%

So, the interest rate on the account is approximately 12.5%.
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