richard376

29.01.2020 • 

Mathematics

Sam opened a retirement fund with $25,000. the fund pays 4.8% interest compounded monthly, and he expects to retire in 40 years. he also does not plan to make any payments into the account. he used the tvm solver to him predict how much his retirement fund would be worth in 40 years (see below). what did sam do incorrectly? what can he do to fix his mistake?
n = 40
i% = 4.8
pv = -25000
fv = ?
p/y = 12
c/y = 12

Ответ:

ndunn692

17.01.2022

Mathematics

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There is a negative sign in front of the 25000 for PV

PV is present value, which s a deposit of 25,000, so this should be a positive number and not a negative one.

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Ответ:

lalaboooobooo

29.09.2021

Mathematics

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We know thatapplying the pythagorean theoremif  the room is in the shape of a square, then (19² + 19²) must be equal to  20.62²(19² + 19²)=72220.62²=425.18then(19² + 19²) is not 20.62²hencethe answer isthe room is not in the shape of a square

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