You have $100,000 invested today. if you add $300 per month to your investments, after 35 years, assuming 8% annual interest, how much do you have total?

$942,681.75

Explanation:

This is a combination of a one-time cashflow and an annuity that you are required to find future value(FV) of. Using a financial calculator, input the following and adjust the duration and interest rate to monthly basis.

N= 35*12 = 420

Monthly interest rate ; I/Y = 8%/12 = 0.667%

One time cashflow; PV = -100,000

PMT = 300

then compute future value; CPT FV = 942,681.748

Therefore, you will have a total of $942,681.75

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.