Victor Vogel is 27 years old and currently earns $65,000 per year. He recently picked a winning number in the Wisconsin lottery. After income taxes he took home $1,000,000. Victor put the entire amount into an account earning 5% per year, compounded annually. He wants to quit his job, maintain his current lifestyle and withdraw enough at the beginning of each year to replace his salary. At this rate, how long will the winnings last?

Answers

Answer 1

Answer:

27.03   years

Step-by-step explanation:

The nper excel function can be used to determine the period in which the winnings would last as below:

=nper(rate,pmt,-pv,fv,type)

rate is the annual interest rate on the account

pmt is the amount of annual withdrawal which is $65000

pv is the current amount in the account which is $1,000,000

fv is the future balance in the account after all withdrawals are made i.e$0

type is 1 which  means withdrawals are made at the beginning of the year

=nper(5%,65000,-1000000,0,1)= 27.03  


Related Questions

20 pts! If Quadrilateral J K L M is congruent to quadrilateral C B D A, which pair of sides must be congruent? Segment J K and Segment A B Segment J K and Segment C B Segment J M and Segment A D Segment J M and Segment B C

Answers

Answer:

segment I'm and segment ad

Answer:

The answer is B

Step-by-step explanation:

If two chords in a circle are congruent, then they are
_____

Answers

Answer:

A

Step-by-step explanation:

Two congruent chords in a circle have the same distance from the center.

If two chords in a circle are congruent, then they are the same distance from the center of the circle .

What are the properties of equal chords of a circle?

The properties of Equal Chords of a Circle are:

In a circle equal-chords are equidistant from the center.Equal-chords of congruent circles are equidistant from the corresponding centers.In a circle equal chords subtend equal angles at the center.  

According to the question

If two chords in a circle are congruent, then they are

Now,

By properties of Equal Chords of a Circle

The equal chords will be equal distance from the center of the circle .

Hence, If two chords in a circle are congruent, then they are the same distance from the center of the circle .

To know more about  properties of equal chords of a circle here:

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what is 3 + 3 × 3 + 3 =​

Answers

Answer:

15

Step-by-step explanation:

PEMDAS

3x3 = 9

3+3 = 6

9+6 = 15

By the BODMAS rule we get, 3 + 3 × 3 + 3 =​ 15

The acronym BODMAS rule is used to keep track of the right sequence of operations to do when solving mathematical issues. Brackets (B), order of powers or roots (O), division (D), multiplication (M), addition (A), and subtraction (S) are all represented by this acronym (S).

3 + 3 × 3 + 3 =​

3 × 3 = 9

3 + 9 + 3 = 15.

Therefore, the correct answer is 15.

Learn more about BODMAS rule here:

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4) A large number of people were polled and asked which of four different animals were their
favorite. 13% said Penguin, 21% said Iguana, 22% said Parrot, and 44% said Turtle. Suppose you
decide to carry out a simulation given these percentages. You decide to select two digits at a
time. Which would be a proper assignment of digits for these teams?
a) 01-13 = Penguin, 01-21 = Iguana, 01-22 = Parrot, 01-44 = Turtle
b) 00-13 = Penguin, 14-34 = Iguana, 35-56 = Parrot, 57-99 = Turtle
c) 01-13 = Penguin, 14-35 = Iguana, 36-58 = Parrot, 59-99 & 00 = Turtle
d) 01-13 = Penguin, 14-34 = Iguana, 35-56 = Parrot, 57-99 & 00 = Turtle
e) None of these

Answers

Answer:

d) 01-13 = Penguin, 14-34 = Iguana, 35-56 = Parrot, 57-99 & 00 = Turtle

Step-by-step explanation:

13 − 01 + 1 = 13

34 − 14 + 1 = 21

56 − 35 + 1 = 22

99 − 57 + 1 + 1 = 44

Determine f(-1) (3). Use the following table of values

Answers

Answer:

  -5

Step-by-step explanation:

The value of x that gives f(x) = 3 is -5.

  [tex]f^{-1}(3)=-5[/tex]

y = 0.8x+ 7.2
20x + 32y = 48

Answers

Step-by-step explanation:

y = 0.8x+ 7.2   ..........(1)

20x + 32y = 48 .........(2)

Substitute (1) in (2)

20x +32*(0.8x+7.2) = 48     expand

20x + 25.6x+230.4 = 48     add

45.6x+230.4 = 48                transpose and simplify

45.6x = 48-230.4 = -182.4

x = -182.4 / 45.6

x = -4

Answer:

x=-4, Y=4

Step-by-step explanation:

20x+32(0.8x+7.2)=48

45.6x =48-230.4

x=-4

substitute x=-4 in y eqn

y=-3.2+7.2

y=4

You are given that sin(A)=−20/29, with A in Quadrant III, and cos(B)=12/13, with B in Quadrant I. Find sin(A+B). Give your answer as a fraction.

Answers

Answer:

[tex]sin(A+B)=-\dfrac{345}{377}[/tex]

Step-by-step explanation:

Given that:

[tex]sin(A)=-\dfrac{20}{29}\\cos(B)=\dfrac{12}{13}[/tex]

A is in 3rd quadrant and B is in 1st quadrant.

To find: sin(A+B)

Solution:

We know the Formula:

1. [tex]sin(A+B) = sinAcosB+cosAsinB[/tex]

2. [tex]sin^{2} \theta+cos^{2} \theta=1[/tex]

Now, let us find the values of cosA and sinB.

[tex]sin^{2} A+cos^{2} A=1\\\Rightarrow (\frac{-20}{29})^2+cos^{2} A=1\\\Rightarrow cos^{2} A=1- \dfrac{400}{941}\\\Rightarrow cos^{2} A=\dfrac{941-400}{941}\\\Rightarrow cos^{2} A=\dfrac{441}{941}\\\Rightarrow cos A=\pm \dfrac{21}{29}[/tex]

A is in 3rd quadrant, so cosA will be negative,

[tex]\therefore cos A=-\dfrac{21}{29}[/tex]

[tex]sin^{2} B+cos^{2} B=1\\\Rightarrow sin^{2} A+(\frac{12}{13})^2=1\\\Rightarrow sin^{2} B=1- \dfrac{144}{169}\\\Rightarrow sin^{2} B=\dfrac{169-144}{169}\\\Rightarrow sin^{2} B=\dfrac{25}{169}\\\Rightarrow sinB=\pm \dfrac{5}{13}[/tex]

B is in 1st quadrant, sin B will be positive.

[tex]sinB =\dfrac{5}{13}[/tex]

Now, using the formula:

[tex]sin(A+B) = sinAcosB+cosAsinB\\\Rightarrow -\dfrac{20}{29} \times \dfrac{12}{13}-\dfrac{21}{29}\times \dfrac{5}{13}\\\Rightarrow -\dfrac{20\times 12+21\times 5}{29\times 13} \\\Rightarrow -\dfrac{240+105}{29\times 13} \\\Rightarrow -\dfrac{345}{377}[/tex]

[tex]sin(A+B)=-\dfrac{345}{377}[/tex]

WILL GIVE BRAINLIEST TO ANSWER:)) <33
Q: A committee of six people is to be formed from a pool of six grade 11 students and seven grade 12 students. Determine the probability that the committee will have two grade 11 students.

Answers

Answer: 5/26

Step-by-step explanation: 6/13 x 5/12

Sean has some candy bars that he wants to give away. He is going to give each person 1/18 of a bar, and he has 2 3/4 to give away How many people will get candy? PLS HELP MEEE

Answers

Answer:

49 people

Step-by-step explanation:

Take the amount of candy and divide by the amount in a serving

2 3/4 ÷ 1/18

Change to an improper fraction

(4*2+3)/4 ÷ 1 /18

11/4 ÷ 1/18

Copy dot flip

11/4 * 18/1

198/4

49.5

Round down since people do not want half a serving

49 people

Answer: 2 29/36

Step-by-step explanation:

A client would like a logo printed onto a canvas that is at least 70 inches tall. The original logo is 4.5 inches wide by 3.6 inches tall. Which dimensions will keep the logo in proportion and large enough to meet the client's requirements?

Answers

Answer:

to find the dimension I would get 3.6/4.5=x/70 amd u get 3.6*70=4.5x and u get 252=4.5x and x=56

Step-by-step explanation:

Answer:

Step-by-step explanation:

Let the width of logo printed on canvas = x inches

Dimensions are in proportion

[tex]\frac{70}{x}=\frac{3.6}{4.5}\\[/tex]

Cross multiply

70 * 4.5 = x * 3.6

x * 3.6 = 315

[tex]x=\frac{315}{3.6}\\\\=\frac{3150}{36}\\\\x=87.5inches[/tex]

The regular price of a baseball cleats is $80. If the cleats are on sale for 45% off. then: (how to solve this two questions?) a) What is the value of the discount, in dollars? b) What is the final selling price of the cleats, before tax?​

Answers

Answer:

The discount is 36 dollars

The sale price is 44 dollars

Step-by-step explanation:

First find the discount by multiplying the original price by the discount rate

80*45%

Change to decimal form

80*.45

36

The discount is 36 dollars

The sale price is the original price minus the discount

80-36

44

The sale price is 44 dollars

There is a bag filled with 4 blue and 5 red marbles. A marble is taken at random from the bag, the colour is noted and then it is replaced. Another marble is taken at random. What is the probability of getting at least 1 red?

Answers

Answer:

[tex]\dfrac{65}{81}[/tex] or 80.25%

Step-by-step explanation:

Number of blue Marbles = 4

Number of Red Marbles = 5

Total Number of marbles =4+5=9

[tex]P(B)=\dfrac49\\\\P(R)=\dfrac59[/tex]

In the experiment, two marbles are chosen one after the other with replacement.

The possible outcomes are: BB, BR, RB and RR

The probability of getting at least 1 red

=P(BR or RB or RR)

=P(BR)+P(RB)+P(RR)

[tex]=\left(\dfrac49\times\dfrac59\right) + \left(\dfrac59\times\dfrac49\right)+\left(\dfrac59\times\dfrac59\right)\\\\=\dfrac{20}{81}+\dfrac{20}{81}+\dfrac{25}{81}\\\\=\dfrac{65}{81}[/tex]

Expressed as a percentage, we have:

[tex]\dfrac{65}{81}\times100=80.25\%[/tex]

The probability of getting at least 1 red is 80.25%.

find the gradient of the line segment between the points N(-1,2) and M(-6,3)​

Answers

Answer:

1/5

Step-by-step explanation:

Gradient is another word for slope. To find the gradient, we have to use a formula.

find the value of x that makes abcd a parallelogram

Answers

The 4 angles need to add to 360.

2 of them are 70

The other two need to equal 360-140 = 220

They are both the same so one angle needs to equal 220/2 = 110

Now find x:

X + 60 = 110

Subtract 60 from both sides:

X = 50. The answer is D

2.4.16
Let:
U= {a,b,c,d,e,f,g,h}
A = {b,d,e}
B = {a,d,e}
C={a,c,f,g,h}
Find the set (AnB) U (Anc).
Select the correct choice below and if necessary fi

Answers

Answer:

(A⋂B) U (A⋂C) = {d, e}

Step-by-step explanation:

U= {a,b,c,d,e,f,g,h}

A = {b,d,e}

B = {a,d,e}

C={a,c,f,g,h}

=> A⋂B = {d,e}

=> A⋂C = ∅

=> (A⋂B) U (A⋂C) = {d, e}

The number of chocolate chips in a bag of chocolate chip cookies is approximately normally distributed with mean 1261 and a standard deviation of 118. ​(a) Determine the 30th percentile for the number of chocolate chips in a bag. ​(b) Determine the number of chocolate chips in a bag that make up the middle 98​% of bags. ​(c) What is the interquartile range of the number of chocolate chips in a bag of chocolate chip​ cookies?

Answers

Answer:

(A) 1199.168

(B) 1503.372

(C) 159.17728

Step-by-step explanation:

(A) To determine the 30th percentile for the number of chocolate chips in the bag, we find the z-score for the 30th percentile.

Found using a z-table or z-calculator, the z-score for the 30th percentile is -0.524

The formula for finding X (the number of items in a given percentile) is:

X = M + Z(S.D.)

Where M is the mean, Z is the specific z-score of the sought percentile and S.D. is the standard deviation.

So for the 30th percentile,

X = 1261 + (-0.524)(118)

X = 1261 - 61.832 = 1199.168

(B) The number of chocolate chips that make up the middle 98% of chips in the bag is

X = 1261 + (2.054)(118)

X = 1261 + 242.372 = 1503.372

(C) For normal distributions, Interquartile range is Q3 - Q1, that is; 3rd quartile minus 1st quartile.

This is within 1.34896 standard deviations of the mean.

IQR = (1.34896)(118)

IQR = 159.17728

A is any nonnegative real number and b is a square root of that number. Is a a function of b, b a function of a, both, or neither?

Answers

Answer:

B is a function of A

Step-by-step explanation:

If you do something to another thing, it is a function of that.

how many are 4 x 4 ?​

Answers

16
4+4=8
4+4=8
8+8= 16

Factor completely 2x⁴y³-12x³y²-8x²y

Answers

This is what I got, hope this helped:)

Below you are given a partial computer output from a multiple regression analysis based on a sample of 16 observations.
Coefficients Standard Error
Constant 12.924 4.425
x1 -3.682 2.630
x2 45.216 12.560
Analysis of Variance
Source of Degrees of Sum of Mean
Variation Freedom Squares Square F
Regression 4853 2426.5
Error 485.3
We want to test whether the variable x1 is significant. The critical value obtained from ttable at the 1% level is:_______.
1. ±2.650.
2. ±2.921.
3. ± 2.977.
4. ± 3.012.

Answers

Answer:

4. ± 3.012

Step-by-step explanation:

Hello!

Assuming that for both variables X₁ and X₂ n₁= n₂ = 16

You need to test at 1% if the variable is significant, this means, if the slope for X₁ is different from zero (β₁≠0) using the t-statistic and the critical value approach.

The hypotheses are:

H₀: β₁= 0

H₁: β₁≠ 0

α: 0.01

[tex]t= \frac{b_1-\beta_1}{Sb_1} ~t_{n_1-3}[/tex]

The degrees of freedom "n₁-3" are determined by the number of parameters that you estimate for the multiple regression, in this case there are three "β₁" "β₂" and "δ²e"

The rejection region for this test is two-tailed, the critical values are:

±[tex]t_{n-3;1-\alpha /2}= t_{13;0.995}= 3.012[/tex]

I hope this helps!

BÉ is an angle bisector of ZABC.
If mŁABE = 2x + 20 and mZEBC = 4x - 6,
determine the value of x.
B.
x = [? ]

Answers

angle bisector makes the two split parts equal to each other:
2x+20=4x-6
2x+26=4x
26=2x
x=13

Please help ASAP thanks in advance

Answers

Answer:

P(0,4)

Q(2,0)

Step-by-step explanation:

We khow that both P and Q are lying in the line : 4x+2y=8

4x+2y=82y = -4x+8y= -2x+4 P(0,y) ⇒y= -2*0+4=4 ⇒ P(0,4) Q(x,0)⇒ 0=-2*x+4 ⇒ x= 2⇒ Q(2,0)

Jane is collecting data for a ball rolling down a hill. She measures out a set of different distances and then proceeds to use a stop watch to find the time it takes the ball to roll. What are the independent, dependent, and control variables in this experiment?

Answers

Answer:

Step-by-step explanation:

The independent variables are the input values which are not dependent on the other value.

The dependent variables are the output values whose values depends on the value of some other number.

The independent variable in this case is the data on the set of distances she measured out.

The dependent variable in this case is the the time (measured by the stopwatch) it takes for the ball to roll.

The control variable in this case study is the size of ball, slope of hill, weight of ball etc.

1/9 − y2 when factored is:

Answers

Answer:

Step-by-step explanation:

hello

[tex]\dfrac{1}{9}-y^2=(\dfrac{1}{3})^2-y^2=(\dfrac{1}{3}-y)(\dfrac{1}{3}+y)=\dfrac{(1-3y)(1+3y)}{9}[/tex]

hope this helps

Suppose that 3 is a factor of a, a is a divisor of 12, and a is positive. What is the number of possible values of a?

Answers

Answer: the number of possible values of a are 3 and 6

Explanation:
Since a is a divisor of 12
Then let’s see what are the divisor for 12
12= 6 x 2
12= 3 x 4
And we know that 3 is a factor of a
So if a was 3 then 3/3 is exactly 1
And if a was 6 then 6/3 is exactly 2 with no remainder

And 3 and 6 are also the divisor of 12
12/6=2
12/3=4
So a should be 3 and 6

Answer:

3

Step-by-step explanation:

12 is divisible by: 1, 2, 3, 4, 6, 12

Because 3 is a factor of a, that means 3 multiplied by another number equals a. Additionally, a is a divisor of 12, meaning a multiplied by another number equals 12.

Out of the numbers, 12 is divisible by, only 3 are also divisible by 3: 3, 6, 12 This gives three possible values of a.

The rule of 70 states that if yt grows at a rate of g percent per year, then the number of years it takes yt to:

Answers

Answer:

с.ifyt grows at a rate of g percent per year, then the number of years it takes yt to double is approximately equal to 70/g

Step-by-step explanation:

The given options

a.ifyt grows at a rate of g percent per year, then the number of years it takes yt to double is approximately equal to g 70

b. if yt grows at a rate of g percent per year, then the number of years it takes yt to double is approximately equal to 70/1

с.i fyt grows at a rate of g percent per year, then the number of years it takes yt to double is approximately equal to 70/g  

d. if yt grows at a rate of g percent per year, then the number of years it takes yt to triple is approximately equal to 70/g  

е.ifyt grows at a rate of g percent per year, then the number of years it takes yt to double is exactly equal to 70/g

The rule of 70 refers to the time period in which the investment you make is doubled. It analyzed that in how many years it took for doubling the amount by considering the specific rate of return  

Now we go through the options and as we can see that the option c meets the requirement as the g represents the growth rate and it fits to the above explanation

Which is greater 36÷(4×3) or 54-48-(16÷4

Answers

Step-by-step explanation:

36 ÷ (4 x 3)

36 ÷ 12

= 3

54 - 48 - (16 ÷ 4)

54 - 48 - 4

= 2

So first one is greater

If y = x2 + 2x , find the value of y when x = 3
and
If y = x3 - 3 , find the value of y when x = 2 plsss help me

Answers

Answer:

y=15; y=5

Step-by-step explanation:

y=x2+2x

plug in x as 3:

y=3 2+ 2*3

y=9+6

y=15

Next problem:

y=x3-3

plug in x as 2:

y=2 3-3

y=8-3

y=5

Find the distance from R to S on the graph. Round to the nearest tenth.

Answers

Answer:

7.2

Step-by-step explanation

plug the values in in the distance formula

the points are -3,3 and 1, -3

sqrt((-3-1)^2+(3-(-3))^2)

sqrt(16)+(36)

sqrt(52)

approximately 7.2

What is if we divide 8 by 4 multiply by 6 and add 2 then subtract 2 what is the result?

Answers

Answer:

its its 12.

Step-by-step explanation:

=8÷4×6+2-2

=2×6+2-2

=12+2-2

=14-2

=12 is answer..

Answer:

12

Step-by-step explanation:

8÷4×6+2-2

=2×6+2-2

=12+2-2

14-2

=12

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