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levacccp
22 days ago
5

an employer will do a 50% match on your investment to a 401k retirement plan. If you decide to contribute a monthly amount of $2

20,how much should be in the account after 15 years? The interest rate is fixed at 2.05%.
Mathematics
1 answer:
Zina [9.1K]22 days ago
6 0

Response:

After 15 years, the balance in the account should be $95,321.85

Detailed explanation:

Based on the provided information, we can summarize as follows:

monthly deposit of $220=R

annual interest rate is set at 2.05%. To find the monthly interest rate, we divide: monthly interest rate= 2.05%/12=0.1708%=0.0017

t=15years×12=180 months

To determine the total amount after 15 years, we can apply this formula:

Ap=R(1-(1+i)∧-t)

             i

Ap=220(1-(1+0.0017)∧-180)

                       0.0017

Ap=162,04

      0.0017

Ap=$95,321.85

The balance in the account after 15 years is $95,321.85

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El perímetro de un rectángulo es 28cm, uno de los lados es 6cm más que el otro lado. Hallar el mayor lado del rectángulo.
Inessa [9000]

Answer: El lado mayor del rectángulo mide 10cm

Step-by-step explanation:

El perímetro de un rectángulo está dado por:

P = 2*L + 2*A

Donde L es la longitud y A es el ancho.

Como sabemos que un lado es 6cm más largo que el otro, podemos expresar esto como:

L = A + 6cm.

Por lo tanto, P = 28cm = 2*L + 2*A

Sustituyendo la primera ecuación en la segunda tenemos:

28cm = 2*(A + 6cm) + 2*A

28cm = 12cm + 4*A

28cm - 12cm = 4*A

16cm/4 = A

4cm = A.

Así que el ancho es 4 cm y la longitud se calcula como L = 4cm + 6cm = 10cm

4 0
1 month ago
PLEASE HELP A barrel in Jim's yard contains 60 gallons of water. Water leaks out of the barrel at a rate of 1 gallon every 10 mi
zzz [9080]
Let y represent the gallons of water left in the barrel, and let x represent the minutes that have passed. Water escapes the barrel at a rate of 1 gallon for every 10 minutes. Consequently, the appropriate linear equation for this scenario is shown in the attached graph.
3 0
3 days ago
Which of the following functions best describes this graph
lawyer [9240]

Response: B

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7 0
16 days ago
Which is the solution of the quadratic equation (4y-3)^2=72 ?
babunello [8412]
Greetings: 
<span>(4y-3)²=72 
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7 0
24 days ago
A small-appliance manufacturer finds that the profit P (in dollars) generated by producing x microwave ovens per week is given b
PIT_PIT [9117]

Answer:

The amount of ovens that must be produced in a week to earn a $1610 profit is 70.

Step-by-step explanation:

Given:

A small-appliance manufacturer determines the profit P (in dollars) from producing x microwave ovens weekly by the formula:

P=\frac{1}{10}x(300-x)

with 0 ≤ x ≤ 200.

The target profit is $1610

So, set P = 1610, then solve for x:

1610=\frac{1}{10}x(300-x)

Multiply both sides by 10:

1610\cdot \:10=\frac{1}{10}x\left(300-x\right)\cdot \:10

16100=x\left(300-x\right)

16100=300x-x^2

-x^2+300x-16100=0

Next, factor the quadratic:

(x-70)(x-230)=0

Solving for x gives:

x=70,x=230

Since x=230 is outside the domain 0 ≤ x ≤ 200, we discard it.

Hence, the valid solution is x=70.

Therefore, to achieve a $1610 profit, the manufacturer must produce 70 ovens weekly.


7 0
1 month ago
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