Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning.

If interest rates stay at 4% APR and I continue to make my monthly $50 deposits into my retirement plan, I should have at least $30 comma 000 saved when I retire in 25 years.

The statement because I will have $ nothing in my retirement account when I retire in 25 years.
(Round to the nearest cent as needed.)

False

$25,706.48

Step-by-step explanation:

The annual percentage rate (APR) is 4%, so the monthly rate is 4%/12 = ⅓%.

25 years = 300 months.

The monthly deposit (annuity) is $50.

The future value of the annuities is:

F = A [(1 + i)ⁿ − 1] / i

Given i = 1/300, A = 50, and n = 300:

F = 50 [(1 + 1/300)³⁰⁰ − 1] / (1/300)

F = 25,706.48

The statement is false.  The amount after 25 years is less than $30,000.

glide reflection.

its mainly because the pattern will be infinite and will never end. it will look like a gilder or like a filpbook when set to motion.