Mathematics
Mathematics, 19.07.2019 19:20, muhammadcorley123456

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?

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 13:00, lel11
Barbara's piano instructors house is 7 1/8 miles from her house. after biking for 1 3/4 miles she stops to rest how much longer does she need to bike to reach her instructor's house
Answers: 1
image
Mathematics, 21.06.2019 17:10, jonathan3191
Empty box + box + empty box fill in the box is equal to 30 how
Answers: 2
image
Mathematics, 21.06.2019 19:30, warreliz
Plz. yesterday, the snow was 2 feet deep in front of archie’s house. today, the snow depth dropped to 1.6 feet because the day is so warm. what is the percent change in the depth of the snow?
Answers: 1
image
Mathematics, 21.06.2019 20:00, CelesteN64
For problems 29 - 31 the graph of a quadratic function y=ax^2 + bx + c is shown. tell whether the discriminant of ax^2 + bx + c = 0 is positive, negative, or zero.
Answers: 1
Do you know the correct answer?
mitch and bill are both age 75. when mitch was 23 years old, he began depositing per year into a sav...

Questions in other subjects:

Konu
Mathematics, 12.11.2020 18:30