Sean is trying to decide between four Roth IRAs. The month after the required initial contribution (RIC), he wants to start contributing the minimum subsequent investment (MSI) each month. Compare the cost of the minimum initial investment and Sean's monthly contribution for each IRA over the next 10 years. Which Roth IRA would Sean put the most money in over those 10 years?

Answers

Answer 1

Answer:

Option C.

Step-by-step explanation:

So, in the question above we are given that the value or parameters for the required initial contribution (RIC) and

the minimum subsequent investment (MSI) for each options and we are going to calculate the amount that will be gotten after investing in each options and the one that gives the highest values will be the correct option, which in this case is OPTION C.

So, we will be starting from the OPTION C, in white have that the

required initial contribution (RIC) = $5,000 and the minimum subsequent investment (MSI) = $100 for option C.

One year = 12 months

10 years = x months.

x = 10 × 12 = 120 months in ten years.

Thus, the formula for the Calculation is given below;

= 120 months × minimum subsequent investment (MSI) + required initial contribution (RIC).

= (120 months × $100) + $5,000 = $17,000.

If we Calculate for the other options with this format, we will have values for option A = $13, 000 and option B= $2,900 and the value for the investment in option D = $12,050.

$17,000 is the highest which is for option option C. Therefore, Sean should put his money in option c for better investment.


Related Questions

The price of a pair of headphones is $39.99 before tax. Dalton bought the headphones for 30% off. He then paid 6% sales tax on the discounted price. Part A: How much did Dalton pay in sales tax? Show all work and steps in your solution. (5 points) Part B: What is the total amount that Dalton paid for the headphones? Show all work and steps in your solution. (5 points) DO NOT LOOK THIS UP PLS

Answers

Answer:

part A 1.68

part B 29.67

Step-by-step explanation:

First you multiply $39.99 dollars and  0.30 = $11.9970 you round this to $12.00

After you apply the discount $39.99 - $12.00  = 27.99  

Next you must multiply 27.99*0.06 =1.6794 and round to 1.68 to get tax

Last you add $27.99 and 1.68 to get a total of $29.67 for the headphones

Plz give brainliest i didnt look it up.

The sales tax amount is $1.68, and the total amount paid is $29.66

The price is given as:

[tex]Price = \$39.99[/tex]

The sales tax is given as:

[tex]Sales\ tax = 6\%[/tex]

The discount is given as:

[tex]Discount = 30\%[/tex]

(a) The sales tax paid

Start by calculating the discounted price, using:

[tex]Discount = Price \times (1 - 30\%)[/tex]

So, we have:

[tex]Discount = \$39.99 \times (1 - 30\%)[/tex]

[tex]Discount = \$39.99 \times 0.70[/tex]

[tex]Discount = \$27.993[/tex]

The sales tax is then calculated using:

[tex]Sales\ tax = \$27.993 \times 6\%[/tex]

[tex]Sales\ tax = \$1.67958[/tex]

Approximate

[tex]Sales\ tax = \$1.68[/tex]

(b) The total amount paid

This is calculated as:

[tex]Total = Discount + Sales\ Tax[/tex]

[tex]Total = \$27.99 +\$ 1.67[/tex]

[tex]Total = \$29.66[/tex]

Hence, the sales tax amount is $1.68, and the total amount paid is $29.66

Read more about discounts and sales tax at:

https://brainly.com/question/13961909

Two vectors are said to be parallel if they point in the same direction or if they point in opposite directions.
Part A
Are the vectors v1 = < V3, 1 >and va = <-13, -1 >parallel? Show your work and explain
Part B
Are the vectors Ui =< 2, 3 >and u2 =-3,-2 > parallel? Show your work and explain.

Answers

Answer:

When two vectors are parallel, it's because the angles of inclination are equivalent. They are defined by

[tex]\theta = tan^{-1}(\frac{y}{x} )[/tex]

So, we just need to find the angle for each vector and see if they are equivalent.

We have vectors [tex](3,1)[/tex] and [tex](-13,-1)[/tex]. You already can deduce that these vectors are not parallel, because, their divisions are not equivalent.

[tex]\frac{1}{3} \neq \frac{-1}{-13}[/tex]

Which will give different angles in the end.

Let's try the other pair of vectors [tex](2,3)[/tex] and [tex](-3.-2)[/tex]. Their division would be

[tex]\frac{3}{2} \neq \frac{-2}{-3}\\ 1.5 \neq 0.67[/tex]

As you can observe, their divisions are not equivalent, which means their tangents are not equivalent.

Therefore, those vectors are not parallel, because they don't have equivalent angles of inclination, not matter if they are pointing to the same or different direction.

i do not understand this , please help!

Answers

I don’t either djejsjnenekskekwnsjwjwjsnnensjskejsnnsnwjwjsnwnwnsbw

What is the prescribed dosage of a certain medicine for a 6 year old child if the adult dosage of the medicine is 180 milligram? Using formula C= _a__ . A a + 12

Answers

Answer:

Child's dosage=60 milligram

Step-by-step explanation:

The correct formula is below

C= a/(a+12) ∙ A

Where,

C = child’s dosage in milligrams

a = age of the child

A = adult dosage in milligrams

a=6 year old

A=180 milligrams

C= a/(a+12) ∙ A

=6/(6+12)*180

=6/18*180

=1/3*180

=60

Child's dosage in milligram=60 milligram

Think of 5 positive that have a mode of 4, a median of 8, a mean of 9 and a range of 12

Answers

Answer: 8.5, 4, 8, 4, 20.5

Explanation:
Mode : 4
Median : 8
Mean : (8.5 + 4 + 8 + 4 + 20.5)/5 = 45/5 = 9
Range : 20.5 - 8.5 = 12

Please Help I will mark brainliest
Indicate in standard form the equation of the line through the given points. P(0, -4), Q(5, 1)

Answers

Answer:

y = x-4

Step-by-step explanation:

The first thing we need here is to find the slope m of the line passing through the two points.

Mathematically;

m = y2-y1/(x2-x1)

Where (x1,y1) = (0,-4) and (x2,y2) = (5,1)

Thus; m = (1-(-4))/(5-0) = 5/5 =0

The standard form of the equation is;

y = mx + c

where m is the slope and c is the intercept. We already calculated m to be 1, so the equation of the line would be;

y = x + c

To get c, what we need to do is to use any of the points and substitute the values of x and y to get c

Let’s use (5,1)

1 = 5 + c

c = 1-5

c = -4

So the line would be

y = x -4

Express each percent as a decimal:
7 1/2%

Answers

Answer:

0.075

Step-by-step explanation:

To represent 7 1/2 as a decimal, it would be 0.075 since there are 7 hundredths and half a hundredth.


the answer is 0.075.

to convert a percent to decimal you must move the decimal point two places to the left. so for 7.5% you would move the decimal spot two places to the left leaving you with 0.075. think about it this way: a percent is out of 100 and 0.07 read out loud is “seven hundredths” (7 out of 100).

Use long division to find the quotient below.
(30x3 + 4x2 - 150) = (3x - 5)
A. 10x2 - 24x + 30
B. 10x2 + 24x+ 30
c. 10x2 + 18x+ 30
D. 10x2 - 18x+ 30


PLZZ PLS PLZZZ HELP‼️

Answers

Answer:

Hello!

`~~~~~~~~~~~~~~~~~~~~~

Your answer would be (C)  10x2 + 18x+ 30

~~~~~~~~~~~~~~~~~~~~~~

Hope this helped you!

P . S I would've put the explaintion but it's to long.

C) 10x2 + 18x + 30

I hope this helped!

There are 200 people in a cinema. 25% of the people are men. 1⁄5 of the people are women. The rest of the people are children. Work out how many children are in the cinema.

Answers

Answer:

110

Step-by-step explanation:

There are 200 people in a cinema- This is our total amount.

25 % of the people are men.

.25 times 200= 50

There are 50 men.

1/5 (20%) of the people are women.

.2 times 200 = 40

There are 40 women.

50+40 = 90

There are 90 adults in the cinema.

If there are 200 total people in the cinema, and 90 of them are adult, then 110 of them are children.

The percentage is 55%.

The simplified fraction is 11/20.

The decimal is .55  

graph e(x) = √x − 10 .

Answers

Answer:

I Believe if so, this is your answer

Step-by-step explanation:

y = e ( x )

OR

y = √ x − 10

Instructions: Find the following information using the given image.
X=

Answers

Answer:I would say it’s 52in

Step-by-step explanation:

What is the slope of the line shown below?

Answers

We can use the points (-4, 3) and (3, 1) to solve.

Slope formula: y2-y1/x2-x1

1-3/3-(-4)

-2/7

Therefore, the answer is C

Best of Luck!

Answer:

-2/7

Step-by-step explanation:

To find the slope we use the formula

( -4,3) and ( 3,1) are two points on the line

m = ( y2-y1)/(x2-x1)

    = ( 1-3)/( 3 - -4)

    ( 1-3) /(3+4)

     -2/7

What is the length Y in this picture ?

Answers

Answer:

5

Step-by-step explanation:

The triangle pictured is a 45-45-90 triangle, meaning both legs are the same length, 5.

The pictogram shows what people ate when they went to a restaurant.
a) 32 people ate chicken.
How many people does
represent?
Chicken
Beef
Fish
Vegetarian
b) Altogether, how many people
went to the restaurant?

pls help​

Answers

Answer:

Step-by-step explanation: so you calculate how many people ate chicken, beef, fish or are vegetarian then you will add it all together

chicken=128

beef= 80

fish=32

vegetarian=112

128+80+32+112= 352 people ate at the restaurant

Answer:

Altogether, 88 people went to the restaurant.

Step-by-step explanation:

what's the product of 9 (-8)

Answers

Answer:

-72

Step-by-step explanation:

I googled it.

Answer:

-72

Step-by-step explanation:

You take the 9, multiply by the -8, and boom. You get -72.

And when you multiply two opposite signs together, it equals to a negative number.

Boom bam boom you became a bit smarter

2x=8
so find the value of x​

Answers

Answer:

x = 4

Step-by-step explanation:

2x/2 = 8/2

x =4

It costs $20 for each metre of
border edge for a rectangular area.
What is the greatest area someone can enclose by spending $4500?​

Answers

4450 for sure is your answer

the total surface area of a cube is 294cm2. work out the volume of the cube.

Answers

Answer: 343 cm³

Step-by-step explanation:

The surface area of a cube is 6s^2, where s is the side length of a square.  Thus, first do 294/6 to get 49.  Then take the square root of 49 to get that each side of the cube is 7.  The volume of a cube is s^2, so simply do 7*7*7 to get that the volume of the cube is 343cm^3

Hope it helps <3

Answer:

V =343 cm^3

Step-by-step explanation:

The surface area of a cube is given by

SA = 6s^2 where s is the side length

294 = 6s^2

Divide by 6

294 / 6 = s^2

49 = s^2

Take the square root of each side

sqrt(49) = sqrt(s^2)

7 =s

The volume of a cube is

V = s^3

V = 7^3

V =343 cm^3

Suppose that p partners equally share the profits from a sale of $3,600. Which algebraic expression represents this situation?

Answers

Given : p partners equally share the profits from a sale of $3,600

To find :  Which algebraic expression represents this situation

Solution:

Number of Partners  = p

Total Profit  = $ 3600

Profit of Each Partner  = Total Profit / number of Partners

=> Profit of Each Partner  = 3600 / p

Hence     is  algebraic expression that represent the  Share of each partner

Answer:

D

Step-by-step explanation:

100% on quiz

The perimeter of the rectangle is 26

Answers

Answer:

9

Step-by-step explanation:

Answer:

9m

Step-by-step explanation:

Let x be the length of the rectangle and P the perimeter

P= 4*2+ 2x

26= 8+2x

18= 2x

x= 9 m

Identify the volume of the composite figure. Round to the nearest tenth. HELP PLS options: 143.8 in ^3 162.7in^3 4,712.4in^3 187.7in^3

Answers

Answer:

The volume of the composite figure is 162.7 in^3

Step-by-step explanation:

Here, we have a cylinder placed over a cube

The volume of the cube is L^3

With L being the length of its side = 5

The volume of the cube is 5^3 = 125 in^3

The volume of the cylinder is pi * r^2 * h

with r = 2 in and h = 3 in

The volume of the cylinder = 22/7 * 2^2 * 3 = 37.699 = 37.7 in*3

Total volume is thus;

37.7 + 125 = 162.7 in^3

What is the area of the trapezoid?
30 square units
60 square units
90 square units
120 square units

Answers

Answer:

not d

Step-by-step explanation:

i tried it hehhe

Answer: 60 square units

Step-by-step explanation:

Derek applies grass seed to 2/5 acre in 3/4 hour. How many acrers can Derek cover per hour. (Please show work)

Answers

Answer:

  8/15 acres per hour

Step-by-step explanation:

To find acres per hour, divide acres by hours:

  (2/5 ac)/(3/4 h) = (2/5)(4/3) ac/h = 8/15 ac/h

Derek can cover 8/15 acres per hour.

Help!!!! please!!!!!

Answers

Answer:

60 or 70

Step-by-step explanation:

Answer:

The shape is a trapezium; so use the formula for solving area of a trapezium to solve it. Which is

1/2(a+b)×h

=1/2(10+6)×7

=1/2 × 16 × 7

= 8×7

=56

In a study of speed​ dating, female subjects were asked to rate the attractiveness of their male​ dates, and a sample of the results is listed below ​(1 equals=not ​attractive; 10 equals=extremely ​attractive). find the​ range, variance, and standard deviation for the given sample data. can the results be used to describe the variation among attractiveness ratings for the population of adult​ males

Answers

Answer:

hello the data is missing but it is included in the explanation below

missing data = 9, 6, 2, 1, 2, 5, 5, 1, 2, 6, 8, 10, 6, 6, 1, 5, 1, 3, 4, 4, 4, 5, 10, 9, 1, 6

Answer :

A) range = 9 , variance = 8.3015,  standard deviation = 2.8812

B)  The results cannot be a representative of the variation of attractiveness among the population of adult males

Step-by-step explanation:

A ) calculate the Range, variance and standard deviation

The given data = 9, 6, 2, 1, 2, 5, 5, 1, 2, 6, 8, 10, 6, 6, 1, 5, 1, 3, 4, 4, 4, 5, 10, 9, 1, 6

i) Range = difference between largest and smallest values

              = 10 -1 = 9

ii) variance = summation of ; (xi − x)^2/n-1

                   = 207.5385/26−1   ≈ 8.3015

iii) standard deviation = [tex]\sqrt{variance}[/tex]

                                    = [tex]\sqrt{8.3015}[/tex] = 2.8812

B) The results cannot be a representative of the variation of attractiveness among the population of adult males

     

Helppp!!!! please!!!

Answers

Answer:

B. 24700

Step-by-step explanation:

Answer:

b. 24700 cm³

Step-by-step explanation:

[tex]\frac{lwh}{3} \\\\65*30*38/3 = 24700 cm^3[/tex]

Hope this helps! :)

Please help me with this question!!!!!! PLEASE.

Answers

Answer:

B. -9, 7

Step-by-step explanation:

For the rational expression to be undefined the denominator has to equal 0.

x² + 2x - 63 = 0

Factor left side.

(x - 7)(x + 9) = 0

Set factors equal to 0.

x - 7 = 0

x = 7

x + 9 = 0

x = -9

x = -9 or x = 7

Answer:

B

Step-by-step explanation:

A rational expression is undefined when the denominator of the expression equals 0 (this is because anything over 0 is undefined). In other words, to find the values for which the given expression is undefined, we simply have to find the zeros of the denominator. We can ignore the numerator. Thus, let:

[tex]0=x^2+2x-63[/tex]

This is now a quadratic. Solve for the quadratic. I will factor but you can do whatever you like (complete the square, quadratic formula, etc.).

We notice that two factors that multiply to -63 and also add to +2 is 9 and -7. Thus:

[tex]0=(x+9)(x-7)[/tex]

[tex]x+9=0 ; x=-9[/tex]

[tex]x-7=0; x=7[/tex]

The zeros are -9 and 7.

The denominator will equal 0 at these values, and the expression will be undefined.

Please answer is question in two minutes

Answers

Answer:

C: 38 units

hope this helps!!

PLEASE HELP ME! I NEED ANSWERS FAST! WILL MARK THE BRAINLIEST!

Answers

Answer:

d

Step-by-step explanation:

The correct answer is d because Nora is proving that PS : PR = PT : PQ and we know that PT = 48 and PQ = 48 + 36 so substituting those values into the right side of the equation gives us 48 : (48 + 36).

Answer:

D

Step-by-step explanation:

Given the following logarithmic equation, think about how you would solve each one. Now,
describe those processes using at least 3 to 4 sentences. Then solve, showing your work.
Equation 1: log2 + logx = log3

Answers

Answer:  x = 3/2

Step-by-step explanation:

log (2) + log (x) = log (3)       Given

log(2x) = log(3)                     Condensing log rules

    2x = 3                              Cancellation log rule

      [tex]x=\dfrac{3}{2}[/tex]                             Division Property

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