HELPPPPP
RuthAnn is 28 years old and is retiring at the age of 65. When she retires, she estimates that she will need an annual income of $32,523 for 30 years. If RuthAnn contributes 11% of her annual income to a 401(k) paying 7.1% compounded annually, will she reach her goal for retirement given that her annual income is $36,278.13? If she does not make her goal then state by what amount she will need to supplement her income. Round all answers to the nearest cent.
a.
RuthAnn will meet her annual goal of exactly $32,523 for retirement.
b.
RuthAnn will meet her annual goal of $32,523 for retirement with an excess of $20,791.60.
c.
RuthAnn will not make her annual goal of $32,523 and will need $1,039.85 to supplement her yearly income when she retires.
d.
RuthAnn will not make her annual goal of $32,523 and will need $10,395.80 to supplement her yearly income when she retires.

Answers

Answer 1

Answer:

It's actually b

Step-by-step explanation:


Related Questions

At a carnival you win a prize if you get a heads, you must first choose a coin. There is a fair and a biased coin, while choosing each coin is equally likely, the biased coin has a 74% of landing tails. What is the probability of choosing the biased coin if you won a prize. a. 0.2600 b. 0.5968 c. 0.3421 d. 0.5243 e. None of the above

Answers

Answer:

c. 0.3421

Step-by-step explanation:

The computation of the probability of selecting the biased coin is shown below:

The probability of any coin selected is 1 ÷ 2

The probability in the case when the biased coin chosen & wins 1 ÷ 2 (1 - 0.74)

And, the win probability is 1 ÷ 2  (1 - 0.74) + 1 ÷ 2  (1 - 0.5)

Now the probability of biased or win is

=  {1 ÷ 2 (1 - 0.74)} ÷ { 1 ÷ 2  (1 - 0.74) + 1 ÷ 2  (1 - 0.5)}

= 0.13 ÷ 0.38

= 0.3421

Hence, the correct option is c. 0.3421

How did you solve 1/2 + 3/4

Answers

Answer:

1 and 1/4

Step-by-step explanation:

First, make 1/2 in to fourths. So it's

2/4+3/4= x

Add the two fractions

2/4+3/4=5/4

5/4=1 and 1/4

Can someone help me please

Answers

Answer:

3.5 × 10 to the power of 5 :)

Step-by-step explanation:

Hope this helps!

3.05 x 10 5 tell me if u want me to explain it to u

the spinner has three regions 5 0 and 20to play the game you spin one time and then you win the amount in the region that the spinner lands on. what is the expected valuse of the game

Answers

Depends on the spinner is it a fidget spinner

Answer:

Step-by-step explanation:

Each region is equally likely.

5 * 1/3 = 5/3 = 1 2/3 = 1.67

0 * 1/3 =                          0

20*1/3 = 6 2/3 =          6.67

Total   =                       8.34

So if this really were a game you should be willing to put up 8.34 to play it.

You can create a simulation. Let the computer play 10000 times (which will take seconds). I'm going to try this for you. and see what happens.  

You throw 0          3309 times

You throw 5          3394 times

You throw 20        3290 times

The net result is that you will win 2.71 as you pay, which is what it should be.                                                        

(2,-2) and (4,1).
Y=

Answers

Answer:

I don't really understand but, the Y coordinate is always on the right side so therefore y= -2, and 1

(xYz)

Elena works on a farm that has three types of animals. There are a total of 47 animals. 28% are chickens, 40% are cows, and 32% are pigs. About how many more cows are there than chickens? Please help very fast!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

there are about 12% more cow than chickens

40% - 28%

Write 4,275,000,000 in scientific notation

Answers

Answer:

4.275 x 10^9

Step-by-step explanation:

jus do it

Answer:

4.275x10bto the 9th power

Step-by-step explanation:

Shauna's Math teacher can grade 12 tests in 3 minutes. How long will it take for Shauna's Math teacher to grade 128 tests?HELP ITS DUE IN 5MINS

Answers

i think that it takes 33 mins, but i am not 100% sure

Answer:

120 :)

Step-by-step explanation:

please help i’m begging you i’ll give brainlu

Answers

Answer:

3 X 5.25 + 2 X 2.00 + 2.25 = 15.75 + 4.00 + 2.25 = $22.00

If a/b and x/y represent rational expressions and b0 and y0, what is true of their product? Select three options.

The product is equivalent to ay/bx
The product is a rational expression.
The product is equivalent to a/y(x/b)
The product is the ratio of ax and by.
The product is equivalent to ax/b(y)

Answers

Answer:

It’s the 2nd,3rd,and 4th

Step-by-step explanation:

I just took the quiz

Answer:

2,3,4

Step-by-step explanation:

PLEASE HELP 50 POINTS!!

Answers

Answer:

Step-by-step explanation:bdhdhshsbnskaosnndndkwo

Answer:

(5x * 1y) + (1x * 3y)

Step-by-step explanation:

Feel free to give brainliest

Have a great day!

(5x + 2) 6x
Solve for x and y
X =
y =

Answers

Answer:

x = 8

y = 138

Step-by-step explanation:

In 1986 a family member invested$ 100 each month into savings account with an interest rate of 0.25% that didn't change. In 2016 you decided you needed to use that saved up money for a big purchase so you cash the savings account out

Answers

Complete question is;

In 1986, a family member invested $100 each month into a savings account with an interest rate of 0.25% (that didn't change). In 2016, you decided you needed to use that saved up money for a big purchase, so you cash the savings account out.

How much money should be in the account using the FV formula?

Answer:

FV = $107.78

Step-by-step explanation:

We are given;

Present value; PV = 100

Interest rate; r = 0.25% = 0.0025

We are told the PV was in 1986 and In 2016 you decided you needed to use that saved up money .

This is a period of 30 years.

Thus, the number of compounding periods is n = 30

Formula for FV is;

FV = PV(1 + r)ⁿ

FV = 100(1 + 0.0025)^(30)

FV = $107.78

-2m-6=-6m+8


Someone pls help meeee !!

Answers

Answer:

m= 3.5

Step-by-step explanation:

Answer:

m = -7/4

Step-by-step explanation:

-2m - 6 = 6m + 8

Add -6 to both sides.

-2m = 6m + 14

Subtract 6m from both sides

-8m = 14

Now divide -8 from 14

m= -7/4

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Answers

Answer:

its A

Step-by-step explanation:

Find the variance for the given data. Round your answer to one more decimal place than the original data.

{12.4, 10.7, 14.5, 10.1, 16.5}

Answers

Answer:

5.6864

Step-by-step explanation:

Find the variance for the given data. Round your answer to one more decimal place than the original data.

{12.4, 10.7, 14.5, 10.1, 16.5}

A track team contains sprinters numbered 1,2,3,4,5 and distance runners numbered 1,2. Let S be the event of selecting a sprinter, D the event of selecting a distance runner, E the event of selecting an even numbered runner, and the event of selecting an odd runner. Selecting the sprinter numbered 1 is one outcome of which of the following events? Select all correct answers. Select all that apply: O DANDO ODORE DORO 00 OE' OS AND E

Answers

Answer:

D or O

E'

Step-by-step explanation:

Because the runner is a sprinter and the number is odd, the runner is an example of S and O. Therefore, it is also an example of E′ (not even) and D OR O.

For sprinter numbered 1 is outcome of S, D and O events.

Events to be determine that contain sprinter number 1. We have number of events that is for sprinter, distance runner, odd numbered, even numbered as S,D,O and E respectively.
Sample space = (1, 2, 3, 4, 5).

What is probability?

Probability can be defined as the possibility of the desired event to be happened.

Here, Numbered 1 is odd number, a sprinter and also a distance runner.
So, Numbered 1 is contain in S, D and O.

Thus, for sprinter numbered 1 is outcome of S, D and O events.

Learn more about probability here:

brainly.com/question/14290572

#SPJ2


Which equation has a constant of proportionality equal to 1/2?

Answers

Answer:

y=1/2x  or y=.5x

Step-by-step explanation:

Enter the decimal represented by the shaded square.
The shaded square represents

Answers

Answer: the shaded squares are equal to 0.3

PLEASE HELP ASAP

Use trigonometry to resolve the following vectors into components. Describe the vectors
using vector notation.


Answers

answer: 87

step by step explanation:

2. Write a quadratic function given the roots (4,0) and (2, 0) and the point 2 points
(3, 4). (2 pts) *

Answers

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[tex]y = -4(x - 2)(x - 4) [/tex]

[tex]y = -4 {x}^{2} + 24x - 32 [/tex]

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The expression for the quadratic function will be y = -4x² + 24x - 32.

What is a quadratic equation?

A quadratic equation is a polynomial with a degree of 2 or the maximum power of the variable is 2 in quadratic equations. It has two solutions as its maximum power is 2.

Given that a quadratic function given the roots (4,0) and (2, 0). The quadratic equation will be formed as below:-

The two roots of the quadratic equation are 2 and 4 then the two factors will be ( x- 2 ) and ( x - 4).

y = -4(x-2)(x-4)

y = -4x² + 24x - 32.

Therefore, the expression for the quadratic function will be y = -4x² + 24x - 32.

To know more about quadratic equations follow

https://brainly.com/question/1214333

#SPJ5

Simon's phone plan costs him $27.50 per month plus $0.15 per text message he sends or receives. If Simon wants to spend a maximum of $65 on his monthly phone bill, what is the maximum number of text messages he can send or receive?

Answers

Answer:

250 text messages

Step-by-step explanation:

Help plssssssssssssssss

Answers

The product is less than 5, because it is equal to 4.375.

Answer:

less than 5

Step-by-step explanation:

im pretty sure

Jeremy wrote this equivalent equation to solve for x:

x = negative 11 y minus 140

Which of these equations might have been Jeremy’s original equation? Check all that apply.
y + 7x = 23
y + 11x = 140
2x – 22y = –140
3x + 33y = –420
x + 140 = –11y

Answers

Answer:

3x + 33y= -420 and x + 140 = -11y

Step-by-step explanation:

   

Answer:

option 3 and 4

Step-by-step explanation:

What is mA?
Enter your answer in the box.

Answers

Answer:

X=3.75

Step-by-step explanation:

A=24.25

I guess

Help me please for points

Answers

Payo ko lang sayo:Makinig ka sa Lesson nyo at pag-aralang mabuti wag kang gumaya saken minsan lang ako makinig

7th grade math help me plzzzzz

Answers

Answer:

An atom is the smallest building block of matter

A molecule consists of group of two or more atoms held together by chemical bonds from the same or different elements.

Can y’all answer the middle one Ill mark you brainlist.

Answers

Answer:

4.44 infinet

Step-by-step explanation:

If you are asking and need to round it up it will come up to

4.444

You need to round it up because the 4.444 goes on and on infinitely.

If you needed another answer comment what it is you need and I will answer you on there.

YW

Felipe made an international phone call for 6.4 minutes. He was charged $0.45 for each minute. Find the amount he paid.
PLS HELP!!!!
ILL GIVE BRAINLEIST

Answers

$2.88 I think I’m not sure

If the Washington Monument is 3025 square feet and an average gallon of paint covers 400 square feet, how much paint would it take to cover it all up? PLEASE HELP WILL GIVE BRAINLIEST. I’m also wondering how I would go about solving this? I have a lot more.

Answers

Divide total area by area of a gallon of paint:

3025 / 400 = 7.56

Because there is a decimal answer you need to round up tot he next whole number.

You would need 8 gallons of paint.

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