You are planning to invest $5000 in an account earning 9% per year for retirement. a. If you put the $5000 in an account at age 23, and withdraw it 42 years later, how much will you have? b. If you wait 10 years before making the deposit, so that it stays in the account for only 32 years, how much will you have at the end?

A).Amount = $218250

B). Amount = $88700

Step-by-step explanation:

A) .$5000 in an account at age 23, and withdraw it 42 years

Number of years t= 42 years

Principal P = $5000

Rate r= 9%

Number of times compounded n= 42

A= p(1+r/n)^(nt)

A= 5000(1+0.09/42)^(42*42)

A= 5000(1+0.002143)^(1764)

A= 5000(1.002143)^1764

A= 5000(43.65)

A= 218250

Amount = $218250

B).waits 10 years before making the deposit, so that it stays in the account for only 32 years

Number of years t= 32 years

Principal P = $5000

Rate r= 9%

Number of times compounded n= 32

A= p(1+r/n)^(nt)

A= 5000(1+0.09/32)^(32*32)

A= A= 5000(1+0.0028125)^(1024)

A= 5000(1.0028125)^1024

A= 5000(17.74)

A= 88700

Amount = $88700

the answer would be 150 books

step-by-step explanation:

if you divide 300 by 2 you will get 150

false

step-by-step explanation:

the meaning of changing is to edit or make something different.

but transmitting means cause (something) to pass on from one place or person to another.

there 2 different things