The Choi family wants to save money to travel the world. They purchase an annuity with a monthly payment of $65 that earns 4.5% interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 11 years.

Answers

Answer 1

Answer:

You can get an idea of how much guaranteed lifetime income a given amount of savings will buy by going to this annuity payment calculator. Today, for example, $100,000 would get a 65-year-old man about $525 a month in lifetime income, while that amount would generate roughly $490 a month for a 65-year-old woman.

Answer 2

Answer: $8966.10

Step-by-step explanation:

The monthly payment with interest is 67.925. Multiply that by 12 for the 12 months in a year. You should get 815.10 as your yearly payment. And finally multiply 815.10 by 11 for the 11 years. You should get 8966.10 as your final answer. I hope this helps!


Related Questions

What is the square root of 160

Answers

Answer:

The square root is 12.649.....

A resistor utilized in a critical electronic component is required to have a resistance of 45 ohms /- 0.32 ohms. The current manufacturer of this resistor has found that its manufacturing process produces a mean value of 50 ohms and has a standard deviation of 0.16 ohms. What would be the C P of this process

Answers

Answer:

The value is  [tex]CP = 0.667[/tex]

Step-by-step explanation:

From the question we are told that

    The resistance is  [tex]R = 45 \pm 0.32\ \Omega[/tex]

   The mean is  [tex]\mu = 50 \Omega[/tex]

    The standard deviation is  [tex]\sigma = 0.16 \Omega[/tex]

Generally the upper  limit  of the resistance specified in the question(i.e  upper specification limit (USL )) is

        [tex]USL = 45 + 0.32 = 45.32 \ \Omega[/tex]  

Generally the lower  limit of the resistance specified in the question(i.e  lower specification limit (USL )) is

        [tex]LSL = 45 - 0.32 = 44.68 \ \Omega[/tex]

Generally the CP of the process of manufacturing the resistor is mathematically represented as  

         [tex]C P = \frac{ USL - LSL }{ 6 * \sigma }[/tex]

=>     [tex]CP = \frac{45.32 - 44.68 }{6 * 0.16}[/tex]

=>     [tex]CP = \frac{0.64 }{0.96}[/tex]

=>     [tex]CP = 0.667[/tex]

                 

Erin wants to equally divide oatmeal bars among 5 friends. If she has 12 bars, how many bars will each friend receive

Answers

Answer:

each friend will receive 2 oatmeal bars and their will be 2 leftover.

Step-by-step explanation:

Determine whether the given number is an irrational number or a rational number and place it in its representing
category
Irrational Numbers
Rational Numbers

Answers

Answer:

Answer below

Step-by-step explanation:

Rational:

36

7/16

81

Irrational:

120

48

pi

The rational numbers are √36, 7/16, and √81 = 9 the irrational numbers are √120, √48, and π.

What is an irrational number?

It is defined as the numbers in all real numbers which cannot be represented as rational numbers, in other words the irrational number cannot be expressed in the form of p/q form.

A rational number is a sort of real number that has the form p/q and does not equal zero.

From the definition of rational and irrational number, we can identify the rational and irrational numbers as below:

Rational numbers:

√36 = 6

7/16

√81 = 9

Irrational number:

√120

√48

π

Thus, the rational numbers are √36, 7/16, and √81 = 9 the irrational numbers are √120, √48, and π.

Learn more about the irrational number here:

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Which ordered pair is a solution of the equation? 3x + 3y = -x + 5y

Answers

Answer:

Undefined

Step-by-step explanation:

Without option choices, I don't know what the answer could potentially be.

I got X=.5y, and while solving for Y, I came up with 4.5y=4.5y

It has been a few years since I have done this, but I believe the answer is undefined.

Answer : undefined. (need the answer choices)

Joyce says that 4 is a factor of every whole number that has a 4 in the ones place. Nathan says 2 is a factor of every whole number that has a 4 in the ones place. Are they both correct? Complete the following to explain. Joyce is correct For example, 14 has a 4 in the ones place and choose... 4. Choose... Nathan is Choose... Four is Choose... and all numbers with an number in the ones place have Choose... as a factor.​

Answers

9514 1404 393

Answer:

Joyce is incorrect; 14 is not divisible by 4Nathan is correct; 4 is divisible by 2 and all numbers with 4 in the ones place have 2 as a factor.

Step-by-step explanation:

We know that 4 is divisible by 4, and 14 is not. It has to do with 14 = 4 + 10, where 10 does not have 4 as a factor.

On the other hand, both 4 and 14 are divisible by 2. That's because 14 = 4 + 10, where 10 has 2 as a factor.

Joyce is incorrect; Nathan is correct—for the reasons shown above.

Answer:bbbbb

Step-by-step explanation:

determine whether p^2+14p+49 is a perfect square trinomial. Justify your answer.

Answers

Answer:

(p+,7)2 the number 2 is to be above 7 hope this helps

What is 3/10 as a decimal and as a representation percent? Please answer fast thanks

Answers

Answer:

as a decimal 0.3 and the percent is 30%

Answer:

in decimal :0.3 and in percent:3/10/total*100%

Step-by-step explanation:

in decimal: 3/10

=0.3

in percent= 3/10/total*100%

Use the order of operations to simplify the expression. 5 + 21 ÷ 7 x 2 - 3

Answers

Answer: 8


Step by step explanation:

5+21/7*2-3 - calculate the expression

5+6-3 - calculate the sum or difference

8

Please help!!!!!!!!! ​

Answers

Answer:

Step-by-step explanation:

The point means that 15 pounds of beans cost 12 dollars.

A large bucket holds 5 gallons of water, which is about the same as 19 liters of water.

A small bucket holds 2 gallons of water. About how many liters does it hold?

Gallons of water Liters of Water
5 19
1
2
7.6
plz answer quickly

Answers

Answer:

7.6

Step-by-step explanation:

19/5 = 3.8

So,

3.8 x the amount of gallons = the amount of litres

If we have 2 gallons, then,

3.8 x 2 = 7.6

Answer:

7.6

Step-by-step explanation:

Add it

Bob eats 4 bottles of of baby food per day. If his father buys him 38 bottles of baby food how many days would it take him to finish it

Answers

4 x 9 = 36, so 4 x 10= 40 10 days to finish it all

Answer:

There are 7 days in a week so 7 times 4 = 28

Step-by-step explanation:

38 minus 28 = 10 days

It will take him 10 days

5.
Complete the table of values for y = -2x + 11.

Please help ❤️

Answers

Answer:

In the explanation

Step-by-step explanation:

x = 0, y = -2*0+11=11

x = 1, y = -2*1+11=9

x = 4, y = -2*4+11=3

Hope this helps!

The expression ( x 22 )( x 7 )3 is equivalent to xp. What is the value of p ?

Answers

Answer:

p=43

Step-by-step explanation:

Answer:

d

Step-by-step explanation:

d

Seven of the Apple computers have specialized movie editing software. Approximately what percent of the Apple computers can be used for editing movies?

Answers

If there are 30 Apple computers and 7 of the computers have a specialized movie editing software, then that would be 23.3333333% of the Apple computers can be used for editing movies.

7/30x100= 700/30

700/30= 23.33%

What is the product of 7.68 and 3.92?

Answers

Answer:

30.1056

Step-by-step explanation:

dude just multiply it

duh.... ☠

Don't steal points
its not cool
i WILL report
and also
answer this and u could have a chance to get brainliest
ill be asking 10 questions
whoever has the best answer in any of these ill give brainliest :D

Answers

Answer:

D) b + 6 = 17; b = 11

Step-by-step explanation:

Marco checked out a total of 17 items. It is given that 6 of them are movies. Set the equation. Let b = the amount of books checked out:

Whole = Part A + Part B

Whole = 17

Part A = movies = 6

Part B = books = b

17 = 6 + b

Isolate the variable, b. Note the equal sign, what you do to one side, you do to the other. Subtract 6 from both sides:

17 (-6) = 6 (-6) + b

b = 17 - 6

b = 11

D) b + 6 = 17; b = 11 is your answer.

~

Answer:

The last option

Step-by-step explanation:

The keep deleting my answer for no reason-

At time t ≥ 0, the velocity of a body moving along the s-axis is v = t² -5t +4. When is the body moving backwards

Check comments for multiple choice answers

Answers

Answer:

A

Step-by-step explanation:

The velocity of a moving body is given by the equation:

[tex]v=t^2-5t+4 ,\, t\geq0[/tex]

Is the velocity is positive (v>0), then our object will be moving forwards.

And if the velocity is negative (v<0), then our object will be moving backwards.

We want to find between which interval(s) is the object moving backwards. Hence, the second condition. Therefore:

[tex]v<0[/tex]

By substitution:

[tex]t^2-5t+4<0[/tex]

Solve. To do so, we can first solve for t and then test values. By factoring:

[tex](t-4)(t-1)=0[/tex]

Zero Product Property:

[tex]t=1, \text{ and } t=4[/tex]

Now, by testing values for t<1, 1<t<4, and t>4, we see that:

[tex]v(0)=4>0,\, v(2)=-2<0,\,\text{ and } v(5)=4>0[/tex]

So, the (only) interval for which v is <0 is the second interval: 1<t<4.

Hence, our answer is A.

Find the value of x, showing all steps. (3 pts.)​

Answers

Answer:

11

Step-by-step explanation:

42 + 39= 81 and you need to get to 180 so the 3rd angle would be 99 so 99 dived by 9 is 11 so x=11

ill give brainliest pls help

Answers

Answer:

1

Step-by-step explanation:

1-2x ≥0

1≥ 2x

x≤1/2

only 1 i.e.,E is not included.

plz help! will give brainliest!!!!

Answers

Answer:

60

Step-by-step explanation:

2.094= hummingbird

176= elephant

176-2.094= 173.906

approximately it will be 60

60 is closer to 173.906 than 600.

find the selling price for the item flash drive: $12 markup:35%​

Answers

Answer:

16.2

Step-by-step explanation:

12*1.35=16.2

(can I get brainliest pls)

16a2-400b2
factorize the expression​

Answers

Answer:

[tex]16(a + 5b)(a - 5b)[/tex]

Step-by-step explanation:

[tex]16 {a}^{2} - 400 {b}^{2} [/tex]

[tex] = > {(4a)}^{2} - {(20b)}^{2} [/tex]

[tex] = > (4a + 20b)(4a - 20b)[/tex]

Taking 4 common from each expression gives,

[tex] = > 4(a + 5b) \times 4(a - 5b)[/tex]

[tex] = > 16(a + 5b)(a - 5b)[/tex]

The maintenance department at the main campus of a large state university receives daily requests to replace fluorecent lightbulbs. The distribution of the number of daily requests is bell-shaped and has a mean of 47 and a standard deviation of 7. Using the 68-95-99.7 rule, what is the approximate percentage of lightbulb replacement requests numbering between 47 and 68

Answers

Answer:

[tex]P(-2<Z<2)=95\%[/tex]

Step-by-step explanation:

From question we are told that

Sample mean [tex]\=x= 47[/tex]

Standard deviation [tex]\sigma =7[/tex]

Generally the  X -Normal is given as

      [tex]Z=\frac{x-\=x}{\sigma}[/tex]

      [tex]Z=\frac{x-47}{9}[/tex]

Analyzing the range

    [tex]P(47<x<65) = P(0< z<2.00)[/tex]

    [tex]P(47<x<65) = 95/2[/tex]

   [tex]P(47<x<65) = 47.5\%[/tex]

Mathematically

[tex]Z_1 =\frac{47-47}{9} =0[/tex]

[tex]Z_2 =\frac{65-47}{9} =2[/tex]

Empirical rule shows that

[tex]P(-2<Z<2)=95\%[/tex]

a scale drawing has a scale of 1/4 in. :6ft.find the length of the drawing for each actual length.
The circled one.​

Answers

Answer:

2 3/4 in.

Step-by-step explanation:

66/6 = 11

11(1/4) = 11/4

11/4 = 2 3/4

Identify which table represents a linear function. Hint: there are a few
ways to do this. You can plot the points of each table or find the slope
of all the points.

Answers

15
I got the MOVES like swaggerrrr oooooooooooo

Answer:

option 2

Step-by-step explanation:

What is the solution to the equation x+7/2=5x/3

Answers

your answer is x=21/4

first you subtract 7/2 from both sides to isolate x
then you simplify

hope this helps:)
brainliest?

The solution to the equation is x = 21/4

What is Linear Equation in 1 variable?

The linear equations in one variable is an equation which is expressed in the form of ax + b = 0, where a and b are two integers, and x is a variable and has only one solution

Given data ,

The equation is x + 7/2 = 5x/3

Subtracting 7/2 on both sides , we get

x = 5x/3 - 7/2

x = ( 10x - 21 ) / 6

Multiplying 6 on both sides , we get

6x = 10x - 21

Adding 21 on both sides , we get

6x + 21 = 10x

Subtracting 6x on both sides , we get

4x = 21

Divide by 4 on both sides , we get

x = 21/4

Hence , the solution for  x + 7/2 = 5x/3 is x = 21/4

To learn more about linear equation in one variable click :

https://brainly.com/question/10185505

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Which system of linear equations will have the same solution as that of the given system of linear equations

Answers

Answer:

Option 1 is correct.

Step-by-step explanation:

Given two linear equations to us are ,

[tex]\qquad 3x + 7y = 10 \\\\ \qquad x + y = 2 [/tex]

And we have to find which system of linear equations have same answer .

On considering option (1) which is ,

[tex]\qquad 3x + 7y = 10 \\\\ \qquad 2x + 2y = 4 [/tex]

On taking the second equation in this ,

[tex]=> 2x + 2y = 4 \\\\=> 2( x + y ) = 4 \\\\=> x+y =\dfrac{4}{2}}\\\\\boxed{\red{\bf => x + y = 2 } }[/tex]

This is same as the second one given in the Question . And the first one is already same .

Hence option (1) is correct .

Helppppp plsssssss is due at 11:59

Answers

Answer:

x = 18

Step-by-step explanation:

Given that m is parallel to m, therefore:

(7x - 7)° = (6x + 11)° (alternate exterior angles are congruent)

Solve for x

7x - 7 = 6x + 11

7x - 6x = 7 + 11

x = 18

Write an equation to represent this word problem.
You do not need to solve.

“2 less than 7 times a number is equal to 4 more than 8 times the number.”

Answers

Answer:

2-7X=4+8X

Step-by-step explanation:

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