Dr. Porterfield a financial counselor guru informed Mr. Halpayne he needs $2,000,000 saved if he intends to retire with his wives (7 of them) and not be homeless in future. Calculate the present value Mr. Halpayne needs if he intends to retire in 20 years provided he invests in a financial plan that pays 5% interest compunded monthly.

9514 1404 393

  $737,289

Step-by-step explanation:

The future value of an investment P invested at rate r per year compounded monthly for t years is ...

  FV = P(1 +r/12)^(12·t)

We want to find P for the given future value, so we can solve for that:

  P = FV/(1 +r/12)^(12·t) = FV(1 +r/12)^(-12·t)

  P = $2,000,000(1 +.05/12)^(-240) = $737,289

Mr. Halpayne needs a present value of $737,289 to support his retirement.

image result for what is another name for consecutive interior angles? ​

when two lines are crossed by another line (called the transversal): the pairs of angles on one side of the transversal but inside the two lines are called consecutive interior angles. in this example, these are consecutive interior angles: d and f.

step-by-step explanation:

-4

step-by-step explanation:

do 6-10=

if u need it to be negative.