subject
Mathematics, 21.08.2019 22:30 joseroblesrivera123

Mitch and bill are both age 75. when mitch was 23 years old, he began depositing per year into a savings account. he made deposits for the first 10 years, at which point he was forced to stop making deposits. however, he left his money in the account, where it continued to earn interest for the next 42 years. bill didn't start saving until he was 45 years old, but for the next 30 years he made annual deposits of $1400. assume that both accounts earned an average annual return of 4% (compounded once a year). complete parts (a) through (d) below. at age 75, mitch has how much money? at age 75, bill has how much money? how much did they each deposit?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Match each expression with its simplified form.
Answers: 1
question
Mathematics, 21.06.2019 18:30
The base of a triangle is 8 1 3 meters and the height of the triangle is the fourth root of 16 meters meters. what is the area of the triangle?
Answers: 3
question
Mathematics, 21.06.2019 23:00
How many 2/5s are in 1 and 1/2 plz someone me right now
Answers: 1
question
Mathematics, 22.06.2019 00:30
What is the solution for 6 - 7/8? explain the steps.
Answers: 1
You know the right answer?
Mitch and bill are both age 75. when mitch was 23 years old, he began depositing per year into a sav...
Questions
question
Mathematics, 19.10.2021 19:10
question
English, 19.10.2021 19:10
question
Mathematics, 19.10.2021 19:10
question
Mathematics, 19.10.2021 19:10
question
Mathematics, 19.10.2021 19:10
question
Mathematics, 19.10.2021 19:10
Questions on the website: 13722363