A newscaster earns $34,800 and wants to invest 10% of his/her monthly salary to save for retirement in 38 years. If he/she invests this money at 2% compounded monthly, how much money will he/she have at retirement?

a) How much will be saved each year?
b) What will be the monthly deposit?
c) What will be the amount in the account after 38 years?

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

answer: can you give the

step-by-step explanation:

vertical asymptote .

horizontal asymptote .

step-by-step explanation:

given function is .

vertical asymptote is given by setting

denominator =0

when degree of numerator and denominator are same then divide first term of numerator by first term of denominator to get horizontal asymptote.

тgє qυєѕтισи αѕкє∂: ιи тнє ѕєяιєѕ σя яєα¢тισиѕ тgαт σ¢¢υя ιи ρнσтσѕуитнєѕιѕ, ωнι¢н fσямѕ ωнєи ℓιgнт ѕтяιкєѕ α мσℓє¢υℓє σf ¢нℓσяσρнуℓℓ.

α. мσℓє¢υℓє σf ωαтєя

в.тнєє-¢αявσи ѕυgαя

¢. "єχ¢ιтє∂" єℓє¢тяσи

∂. иα∂ρн

му αиѕωєя: ιт ιѕ ¢. "єχ¢ιтє∂" єℓє¢тяσи

нσρє ι ¢συℓ∂ нєℓρ υ