Suppose we lived in a society without interest. At age 25, you begin putting in $750 per month into a cookie jar until you retire at age 65. At age 65, you begin to withdrawl 2500 per month from the cookie jar. How long will your retirement fund last?

Answers

Answer 1

Answer:

the retirement fund would last 12 years

Step-by-step explanation:

first we find the amount of years one will be saving money by subtracting the age one will start saving money from the age one would start using the money.

65 - 25 = 40 years

next will be finding the amount of dollars one would save every year, we do that by multiplying the money one is saving every month by 12 (a year).

12 × 750 = 9,000 dollars per year

then we multiply the amount of money one would save per year by the amount of years one will be saving money in, to find how many dollars one would save in 40 years.

9,000 × 40 = 360,000 dollars in 40 years

-

after that we divide the amount one would have saved by the $2,500 one would use every month to find the amount of months the money would last.

$360,000 ÷ $2,500 = 144 months

to find how many years the money would last, one would divide it by 12, which is the amount of months per year.

144 ÷ 12 = 12

Answer 2

It will last 12 years. So it'll last till he's 77 years old at the rate he's pulling it out.

Step-by-step explanation:

You need to find the difference in the ages. so we need to find out how long he's been saving in the 1st place. 65 - 25 = 40 yearsWe now need to covert that 40 years into months. 40 × 12 = 480 months In order to know how much money he saved over that 40 years or 480 months times that by 750. 480 × 750 = 360,000Now we know over the course of 40 years he managed to save 360,000$ when he was putting in 750 a month. Now since he's retired he's taking out 2500 a month and we need to know how long it'll last.So to find out how long the 360k will last if taken out of 2500 increments just divide that rate but the total !! 360,000 ÷ 2500 = 144It will last him 144 months, now convert this number back to years. 144 ÷ 12 = 12 years So now we know it'll last him for 12 years ! and if u add 12 to 65 you'll get 77, so in 12 years he'll be 77!!

This is why it'll last him 12 years, which he'll be 77 by that time !! I hope this helped !!


Related Questions

what is 234 divided by 2 pls help me

Answers

Answer:

the answer 117

Step-by-step explanation:

The 234 divided by 2 is 117.

To calculate 234 divided by 2, we perform the division operation step by step.

Step 1: Divide 234 by 2.

234 ÷ 2 = 117

The result of 234 divided by 2 is 117. When you divide 234 by 2, you are essentially dividing 234 into two equal parts. Each part contains 117. This can be confirmed by performing the calculation:

234 ÷ 2 = 117

Therefore, 234 divided by 2 is 117. Division is the inverse operation of multiplication, and in this case, we find that 234 is evenly divisible by 2, resulting in a whole number quotient of 117.

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Help! I'm really confused! (I used Math because I got wrong answers in other subjects)

P.S The Answer isn't A or B :/

Answers

Answer: I would say the first one

Step-by-step explanation:

Answer:

Best Bet probably the last one


Which equation below shows a correct first step for solving 3x = -12
A 3x+ 3 = -12 + 3
B 3x- 3 = -12 - 3
C 3(3x) = 3(-12)
D 3x/3=-12/3

Answers

The answer is A. You just solve each one and you would find that it would be the same as 3x=-12.

The value of a comic book in the dollars has been found to be 0.20y + 1.50, where y is tye number of years since it was released. for the question there is increasing per year for the comic and the initial value​

Answers

The increase rate per year is 0.

What is calculus?

Calculus is a branch οf mathematics that deals with the study οf rates οf change and hοw things change οver time. It has twο main branches, differential calculus which studies instantaneοus rates οf change, and integral calculus which deals with accumulatiοn and area.

here given equatiοn fοr the value οf the cοmic bοοk is:

V(y) = 0.20y + 1.50

where y is the number οf years since it was released.

Tο find the rate οf increase per year fοr the value οf the cοmic bοοk, we can take the derivative οf V(y) with respect tο y:

dV/dy = 0.20

This means that the value οf the cοmic bοοk increases by 0.20 dοllars per year.

Tο find the rate οf increase per year fοr the initial value οf the cοmic bοοk, we need tο lοοk at the y-intercept οf the equatiοn fοr V(y). The y-intercept is the value οf V when y is 0, which is:

V(0) = 0.20(0) + 1.50 = 1.50

Therefοre, the initial value οf the cοmic bοοk is $1.50.

Tο find the rate οf increase per year fοr the initial value, we can calculate the derivative οf the initial value with respect tο y, which is:

d/dy (1.50) = 0

This means that the initial value οf the cοmic bοοk dοes nοt change with respect tο time, sο its rate οf increase per year is 0.

To learn more about calculus, from the given link.

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The ratio of boys to girls at a movie is 4:7. If there are 21. girls, how many boys are
at the movie?

Answers

Answer:

12

Step-by-step explanation:

7*3=21 so 4*3=12

Sofia still lives at home, but helps with the rent paying $200 per month. She has a job that pays about $700 per month after taxes. She has to pay for her own personal items such as clothing and toiletries spending about $120 per month. Going out with friends is important to her, but she also wants to save money to buy her own car. Select the budget that would best help meet her goals.


Monthly Budget

Budget A

Budget B

Budget C

Budget D

Income

$700

$700

$700

$700

Expenses -

Rent

Personal Items

Entertainment

Savings


$200

$120

$100

$250


$200

$120

$300

$50


$200

$120

$200

$150


$200

$120

$325

$25

Answers

Answer:

Budget A

Step-by-step explanation:

Total monthly budget is;

T = Rent cost + Personal Items cost + Entertainment cost +Savings cost

For budget A;

T_A = $200 + $120 + $100 + $250

T_A = $670

For budget B:

T_B = $200 + $120 + $300 + $50 = $670

Foe budget C;

T_C = $200 + $120 + $200 + $150

T_C = $670

For budget D;

T_D = $200 + $120 + $325 + $25 = $670

We can see the total budget for all is $670.

Her rent and personal expenses have fixed amounts. Thus, the only ones that can vary are Entertainment cost and Savings cost.

Now, in all the budgets, budget A has the highest savings which is $250.

Thus, we can say it's the best budget to help her meet her goals as it still provides $100 for even entertainment which she loves with her friends.

Answer:

budget A

Step-by-step explanation:

-15x²+7x+23=0 i just need the answer of it even it's not correct charr cge na loves​

Answers

Use the quadratic formula where -15 = a, 7 = b, 23 = c:  [tex]\frac{-b +- \sqrt{b^2 - 4ac}}{2a}[/tex]

Plug in the values: [tex]\frac{-7 +- \sqrt{7^2 - 4(-15)(23)}}{2(-15)}[/tex]

And get: [tex]\frac{-7 +- \sqrt{49 +1380}}{-30}[/tex]

Which simplifies to: [tex]\frac{-7 +- \sqrt{1429}}{-30} = (-7 + 37.8021163)/-30 OR (-7 - 37.8021163)/-30 = 30.8021163/30 OR -44.8021163/30[/tex]

Those are approximately 1 and -1.5

The amount of water in a pool varies directly with the amount of time it is filling up. The pool has 2,900 liters of water after 15 seconds. How many liters of water will the pool contain after 45 seconds?

Answers

Answer: 24kg

Step-by-step explanation:

A girl scout troop hiked 5.8 kilometers southeast in 1.5 hours. What was
the troop's velocity?
O 3.9 km/h southeast
о
4.9 km/h southeast
5.8 km/h southeast
O 7.2 km/h southeast

Answers

Answer:

the answer is 3.9 km/h southeast

Find (9.3 X 10^6) + (1.8 X 10^4).
Express your answer in scientific
notation.
Please answer i'm studying for a test tomorrow :D

Answers

Answer:

7.5 × 10²

Step-by-step explanation:

im stupid and dont want to help my little brother so. and you have to show your work

Answers

242 is the correct answer

Answer:

242

Step-by-step explanation:

   242

4/968   how many times does 4 go into 9?  2 times put the 2 above the 9

 8            4 times 2 equals 8 so you put the 8 below the 9 and subtract

  1 6                   9 minus 8 equals 1 than you drop the 6

  1 6          how many times does 4 go into 16? 4 times. put the  4 above the 6

    0 8        than multiply 4 *4 =16 than 16-16=0 drop the 8

       8          4 goes into 8, 2 times  the 2 goes above the 8. 4*2=8

        0            8-8=0

wendy already spent $10 on a necklace, and each additional charm is priced at $2 each. write a function that shows the relationship between the number of charms purchased, x and the total cost, f( x)

Answers

Answer:

f(x) = 2x + 10

Step-by-step explanation:

The amount of charms represents x, or the variable. The price of the charm is represented by 2, or the slope. The necklace is the constant, represented by 10.

how do I solve for x?

Answers

Answer:

85

Step-by-step explanation:

The sum of the measures of the interior angles of a triangle is 180 deg.

x + 52 + 43 = 180

x + 95 = 180

x = 85

Answer: 85

The angles in a triangle add up to 180 degrees

180 - 52 - 43 = 85

x = 85 degrees

Plz helpppp I think I know it but I need to check my answer

Answers

Answer:

D

Step-by-step explanation:

(2*6)^4=20736

2^4*6^4 is the same as the expression which is equal to 20736

Answer d is correct good job man

write an equation for a line perpendicular to y=5x+2 and passing through the point (-10,3)

Answers

Step-by-step explanation:

The perpendicular line *always* has a slope of the negative reciprocal. Your given line has a slope of -5, so the perpendicular slope is -1/(-5) = 1/5.

Use the point-slope form of a general line to find the equation.

(y - y_1) = m * (x - x_1)

y - 7 = (1/5) * (x - 15)

Adrienne and Suki simplified the expression –8 – (–6). Whose answer is correct? Explain where the error was made. The image is below. * 1 point Suki's; Adrienne subtracted 6 instead of subtracting –6. Suki's; Adrienne subtracted 8 instead of subtracting –8. Adrienne's; Suki added 6 instead of subtracting –6. Adrienne's; Suki added 8 instead of subtracting 8.

Answers

Answer:

The answer is -2

Step-by-step explanation:

When you subtract a negative with a negative, you change the problem to an addition by adding the negative number to a positive. -8--6 would look like -8+6.

if the time is 10pm what time will it be in exactly 12.82 minutes?

Answers

Answer:

.....................

Step-by-step explanation:

Answer:

10:13.22

Step-by-step explanation:


DIG DEEPER At a restaurant, when a customer buys 4 pretzels, the fifth pretzel is free. Soft pretzels cost $3.90 each. You order 12
soft pretzels. What is your mean cost per pretzel?
The mean cost is $
per pretzel.

Answers

3.25$ per pretzel. Buying 12 pretzels gets you two free pretzels which is 7.80$ worth of pretzels. 3.90x12= $46.80
46.80-7.80= $39.00
39/12= 3.25 per pretzel

No. 2 BAC and 2 CAD remain congruent, and m 2 DAB is still the sum of mZBAC and m2 CAD.
AN
Question 4
Move point C so that ZBAC and CAD form a pair of supplementary angles, or angles whose sum is 180°. Record each of the angle measurements
for this case.

Answers

Answer:

I’m srry I don’t know about question 2 but here’s the answer to Question 4

When the two angles are supplementary, m<BAC = m<CAD = 90° and m<DAB = 180°

Step-by-step explanation:

Answer from Plato

Answer:

No. ∠BAC and ∠CAD remain congruent, and m∠DAB is still the sum of m∠BAC and m∠CAD.

Step-by-step explanation:

This is the answer for question 2

Please can someone please tell me how to do thisss

Answers

Answer:

Rotate it 90°

Step-by-step explanation:

First graph D(-3, -10)

And a rotation of 90° clockwise is when you move the shape to the left 90°.

And that’s it

Answer:

I have a set of rules that should help you:

When rotating a point or shape 90 degrees counterclockwise switch the x and y values of that point and then change the sign (negative or positive) of the new x value. When rotating 90 degrees clockwise switch the x and y values of that point and then change the sign of the new y value. Finally when rotating 180 degrees just change the sign of both points to get your new value. Keep in mind that these rules only work when rotating around the origin which is (0,0)

IN this case, your point is -3, -10 and since we rotate it 90 degrees clockwise we just switch the x and y so it is now -10, -3 and then change the sign of the y which makes your final answer  -10, 3

-Hope this helps

Step-by-step explanation:

Lines ℓ and m are intersected by transversal t. ℓ ∥ m. Lines l and m are horizontal with l above m and intersected by transveral t. Angles 1, 2, 3, and 4 are formed where t intersects l with 1 and 3 above l from left to right and 2 and 4 below it. Angles 5, 6, 7, and 8 are formed where t intersects m with angles 5 and 7 above line m from left to right and 6 and 8 below it. If m∠4 = 105, what is m∠5?

Answers

Answer:

<5 = 105 degrees

Step-by-step explanation:

From the description given, since line l is parallel to m then <4 is alternate to <5 and two alternate angles are equal, if thst is the case

<4 = <5 (alternate angle)

Since <4 = 105 degrees, hence m<5 = 105 degrees

10 4 4) Maureen has spent 12 9/10hours tutoring students in math and 6 3/4 tutoring students in science, Which choice is the best estimate for how many hours Maureen has spent tutoring?
(A) 15 hours
(C) 20 hours
(B)25 hours
(D) 30 hours​

Answers

Answer:

(C) 20 Hours

Step-by-step explanation:

which expression would be easier to simplify if you use the associative property to change the grouping.​

Answers

Answer:

the answer is D (27 + 4.5 ) + 1.5

Hope that helps

Answer:

Amswer is A

Step-by-step explanation:

Working simultaneously, four fudge machines complete a big order in 32 hours. All the machines at the fudge factory work at the same pace. a If only half of the machines are working, in how many hours will the order be complete?

Answers

If only half the machines are working at the same rate as before, the order will be finished in 64 hours.

When the four big fridges were working simultaneously, they were able to finish the order in 32 hours.

With only half of these fridges, they will only be half as fast. This means that they will complete the order in double the time:

= 32 x 2

= 64 hours

In conclusion, the order will be completed in 64 hours.

Find out more at https://brainly.com/question/19465480.

Perimeter is a measure of the distance around a figure. If each side of a triangle measures 0.75 inches, what is the perimeter of the triangle?

Answers

Answer:

The perimeter of a triangle is the sum of all its three sides.

So,

0.75+0.75+0.75 = 2.25inches

what is 5 and one half minus three and one third?

Answers

Answer:

1 2/3

Step-by-step explanation:

5 1/2 = 11/2 x 3 = 33/6

3 1/3 = 10/3 x 2 = 20/6

30 - 20 = 10/6 = 1 4/6 = 1 2/3

Answer: 2 1/6

Step-by-step explanation:

5 1/2 - 3 1/3

=

5 3/6 - 3 2/6

=

5 - 3 = 2

3/6 - 2/6 = 1/6

= 2 1/6

8. Calculate the length of r or st

Answers

9514 1404 393

Answer:

  30 miles

Step-by-step explanation:

The Law of Sines is used for this purpose. The angle at R is the difference ...

  180° -(23° +34°) = 123°

Then the length r satisfies ...

  ST/sin(R) = RT/sin(S)

  ST/sin(123°) = (20 mi)/sin(34°)

  ST = (20 mi)sin(123°)/sin(34°) ≈ 30.00 mi

The length of r or ST is 30 miles.

Find the difference 3.4-(-1.5)

Answers

Answer:

4.9

Step-by-step explanation:

-×-=+

; 3.4 + 1.5=

4.9

I RLLY NEED HELP BC THIS WAS DUE ALREADY!!! Answer ASAP thank you!

Answers

Answer:

10,560 yards

Step-by-step explanation:

5280 plus 5280 equals 10,560

Oof I’m failing as well girly

Answerr plsss. whooop whoop

Answers

The answer is 75 (:
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