Solve the problem.Looking ahead to retirement, you sign up for automatic savings in a fixed-income 401K plan that pays 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? Round to the nearest dollar.
A. $114,188
B. $117,029
C. $115,731
D. $117,501
Answer: C
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Find factors or multiples as indicated for the number or numbers given.98, 28; smallest multiple common to both
A. 2744 B. 14 C. 56 D. 196
Solve the problem.Roberto invested some money at 7%, and then invested $2000 more than twice this amount at 12%. His total annual income from the two investments was $3960. How much was invested at 12%?
A. $26,000 B. $24,000 C. $2600 D. $6000
Solve the problem.If the average cost per unit C(x) to produce x units of plywood is modeled by C(x) = ,what is the unit cost for 40 units?
A. $22.50 B. $0.75 C. $4.00 D. $12.86
Solve.A woman ran 594 meters in 2.75 minutes. What is the rate in meters per minute?
A. 226 m/min B. 216 m/min C. 1,533.5 m/min D. 594 m/min