Ian would like to have $250,000 in an account when he retires in 12 years. The account earns 10% per year compounded monthly. How much must he deposit today to have the desired funds in 12 years?

$ 75,673.89

Step-by-step explanation:

The formula for compounded interest is:

here A = total value in future

P= principal amount

r= annual interest rate

n= number of times interest is compounded

t= time (in years) the interest is compounded for

Plugging in values from the question we get:

250,000 = P * (1 + 0.1/12)^(12*12)

Solving for the principal amount (P) we get $ 75,673.89

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

given hc ∥ gd.¯¯¯¯¯¯which statement is true

step-by-step explanation:

∠cbe and ∠deb are same-side interior angles