subject
Mathematics, 04.04.2020 11:53 Dvrsug8598

Suppose that your goal is to have $1,000,000 in your retirement account when you retire. You don’t have a fixed idea of when you will retire, but decide to save $100 of each weekly paycheck automatically deducted and deposited in the retirement account. The account earns 6.5% annual interest, compounded weekly. In about how many years will the value of the investment reach $1 million? Show your work and round your answer off to the nearest year.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Nick has box brads. he uses 4 brads for the first project. nick let’s b represent the original number of brads and finds that for the second project, the number of brads he uses is 8 more than half the difference of b and 4. write an expression to represent the number of brads he uses for the second project.
Answers: 3
question
Mathematics, 21.06.2019 19:30
Vinay constructed this spinner based on the population of teachers at his school according to vinays model what is the probability that he will have a male history teacher two years in a row
Answers: 3
question
Mathematics, 21.06.2019 22:00
There are 3232 forwards and 8080 guards in leo's basketball league. leo must include all players on a team and wants each team to have the same number of forwards and the same number of guards. if leo creates the greatest number of teams possible, how many guards will be on each team?
Answers: 2
question
Mathematics, 21.06.2019 23:00
Anyone know these questions? i need ,.
Answers: 1
You know the right answer?
Suppose that your goal is to have $1,000,000 in your retirement account when you retire. You don’t h...
Questions
question
Mathematics, 16.12.2020 21:10
question
Biology, 16.12.2020 21:20
Questions on the website: 13722362