subject
Mathematics, 09.04.2021 19:30 laerica

Kenneth started saving for retirement at age 40 with plans to retire at age 70. He invested an average of $400 per month in various securities, with an average annual return of 7% adjusted for inflation. Assuming monthly compounding, how much has Kenneth saved at the start of retirement. A. $487,988.40

B. $720,421.84

C. $37,784.31

D. $556,559.8​

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:20
The function a represents the cost of manufacturing product a, in hundreds of dollars, and the function b represents the cost of manufacturing product b, in hundreds of dollars. a(t) = 5t + 2 b(t) = 7t - 2t +4 find the expression that describes the total cost of manufacturing both products, a(t) + b(t). a. 7t^2 - 7t + 2 b. 7t^2 + 3 +6 c. 7t^2 + 7t - 6 d. 7t^2 - 3t + 6
Answers: 3
question
Mathematics, 21.06.2019 23:00
Qrst is a parallelogram. determine the measure of ∠q pls
Answers: 2
question
Mathematics, 22.06.2019 03:00
The biologist has a second culture to examine. she knows that the population of the culture doubles every 15 minutes. after 1 hour and 15 minutes, her assistant found that 80,000 bacteria were present. a) what was the size of the initial population? b) predict the size of the culture at t=3 hours. what was the size of the population at 40 minutes? explain and justify your answers. c) create a graph of the population as a function of time. find an equation that can be used to predict the size of the population at any time t. d) examine the rate at which the bacteria culture is growing. how fast is the culture growing after 1 hour? after 1.5 hours? after 2 hours? use a time interval of h = 0.01 hours to estimate these rates. interpret these rates in terms of the context of the problem situation. how do these three rates compare?
Answers: 1
question
Mathematics, 22.06.2019 05:00
Perry angelo is planning to open a restaurant. he has the resources to produce and sell either hamburgers or pizzas. so he does some research and finds that the new location has a good demand for pizza. he hires cooks, wait staff, and an accounts person for his new pizzeria. he also arranges for materials such as pizza ingredients and pizza boxes. determine three factors affecting perry's cost of making pizza. write down the name of the factors and their instances in this scenario.
Answers: 3
You know the right answer?
Kenneth started saving for retirement at age 40 with plans to retire at age 70. He invested an avera...
Questions
question
Mathematics, 15.05.2021 01:00
question
English, 15.05.2021 01:00
question
Biology, 15.05.2021 01:00
Questions on the website: 13722361