Mathematics, 08.09.2021 04:10 belindajolete
45. Retirement options. This exercise illustrates just how fast exponential
functions grow in the long term. Suppose you start work for a company
at age 25. You are offered two rather unlikely retirement options:
Retirement option 1: When you retire, you will receive $20,000 for
each year of service.
Retirement option 2: When you start work, the company deposits
$2500 into a savings account that pays a monthly rate of 1.5%.
When you retire, the account will be closed and the balance given to
you.
How much will you have under the second plan at age 55? At age 65?
Which retirement option is better if you plan to retire at age 55? Which
if you plan to retire at age 65?
Answers: 3
Mathematics, 21.06.2019 18:30
The measure of one angle of an octagon is two times smaller that of the other seven angles. what is the measure of each angle?
Answers: 3
Mathematics, 21.06.2019 19:30
The revenue each season from tickets at the theme park is represented by t(c)=5x. the cost to pay the employees each season is represented by r(x)=(1.5)^x. examine the graph of the combined function for total profit and estimate the profit after four seasons
Answers: 3
Mathematics, 22.06.2019 02:30
Yuto solved the equation below. what is the solution to yuto’s equation?
Answers: 2
Mathematics, 22.06.2019 03:30
Acollege is selling tickets for a winter fund-raiser. one day, krissa sold 14 adult tickets and 8 student tickets for a total of $376. the next day, she sold 7 adult tickets and 11 student tickets for a total of $272. krissa wanted to find the price of one adult ticket, a, and the price of one student ticket, s. she wrote and solved the following system of equations.
Answers: 1
45. Retirement options. This exercise illustrates just how fast exponential
functions grow in the...
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