Solve the problem.Looking ahead to retirement, you sign up for automatic savings in a fixed-income 401K plan that pays 5.5% per year compounded annually. You plan to invest $3500 at the end of each year for the next 20 years. How much will your account have in it at the end of 20 years?
A. $122,039
B. $120,496
C. $123,337
D. $123,809
Answer: A
Mathematics
You might also like to view...
Label the pair of statements as either contrary or consistent.That car is missing 4 tires.That car is in perfect condition.
A. Consistent B. Contrary
Mathematics
Evaluate the integral.
A. (2x + 4) ln + C
B. 4 tan-1 + C
C. sin-1
+ C
D. tan-1
+ C
Mathematics
Solve the problem. Use 3.14 for ?. Round to the nearest tenth.An exercise ball has a diameter of 3.7 feet. Find the volume.
A. 212.1 ft3 B. 26.5 ft3 C. 106.0 ft3 D. 10.7 ft3
Mathematics
Solve the problem.A rectangular garden has dimensions of 21 feet by 14 feet. A gravel path of equal width is to be built around the garden. How wide can the path be if there is enough gravel for 564 square feet?
A. 8.5 ft B. 6 ft C. 8 ft D. 7 ft
Mathematics