![subject](/tpl/images/cats/mat.png)
Mathematics, 21.11.2019 07:31 whocares1234
Rachel deposits $200.00 into her retirement plan each month and the company that she works for deposits half of rachel’s monthly deposits into her retirement plan as well. the retirement plan earns 6% per year, compounded monthly, with an interest rate per period of 0.5% (0.005). rachel wants to retire in 30 years.
1. determine how much money rachel will have in her account when she wants to retire:
a. identify the values:
p = + =
r =
n = Ă— =
b. solve the given formula using the values identified above. show your work here:
(round the answer to the nearest dollar):
2. rachel would have $597,447.00 in her retirement plan if she decided to retire in 40 years instead of in 30 years. how much extra money would rachel have in her retirement plan by retiring in 40 years instead of in 30 years? show your work here:
3. it is important to remember rachel and her company will only deposit $36,000 into her retirement plan during the extra 10 years if she decided to retire after 40 years instead of 30 years. the rest of the extra money in her account is the result of compound interest. how much of the extra money earned during the extra 10 years is a result of the compounded interest? show your work here:
![ansver](/tpl/images/cats/User.png)
Answers: 3
Another question on Mathematics
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 14:40
Chose the graph below that represents the following system of inequality’s
Answers: 2
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 17:30
During a bike challenge riders have to collect various colored ribbons each 1/2 mile they collect a red ribbon each eighth mile they collect a green ribbon and each quarter mile they collect a blue ribbion wich colors of ribion will be collected at the 3/4 markrer
Answers: 3
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 20:10
Over which interval is the graph of f(x) = x2 + 5x + 6 increasing?
Answers: 1
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 21:00
Campus rentals rents 2 and 3 bedrooms apartments for $700 ans $900 a month respectively. last month they had six vacant apartments and reported $4600 in lost rent. how many of each type of apartment were vacant?
Answers: 1
You know the right answer?
Rachel deposits $200.00 into her retirement plan each month and the company that she works for depos...
Questions
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10
![question](/tpl/images/cats/biologiya.png)
Biology, 03.11.2020 03:10
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10
![question](/tpl/images/cats/himiya.png)
Chemistry, 03.11.2020 03:10
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/istoriya.png)
History, 03.11.2020 03:10
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10
![question](/tpl/images/cats/mkx.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 03.11.2020 03:10
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mkx.png)
Arts, 03.11.2020 03:10
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 03.11.2020 03:10
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/es.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 03.11.2020 03:10