Jazmine wants to have $500,000 in her savings account when she retires. She
deposits $20,000 into an account that
earns 8% interest and is compounded
quarterly. How long will it take her to
reach her goal?

40.6 years

Step-by-step explanation:

A = P (1 + r/n)^nt

whereas

A = final amount

P = the principal amount

r = rate of interest

t = time in years

When the amount compounds quarterly, it means that the amount compounds 4 times in a year. i.e., n = 4n = number of times the amount is compounding.

So n = 4

A = P (1 + r/4)^4t

If A is 500,000, P is 20,000, r is 0.08

500000 = 20000(1 + 0.08/4)^4t

25 = (1+ 0.02)^4t

25 = (1.02)^4t

Take the log of both sides

ln 25 = 4t (ln 1.02)

4t = (ln 25)/(ln 1.02) = 162.55

so t = 162.55/4 = 40.6 years

sas (side angle side)

aa (angle angle)

sss(side side side)

sas find two sides with an angle in between

aa is finding two angles and the third will add up to 180

sss find all sides

step-by-step explanation:

is there supposed to be a diagram or a graph for this one? ?

step-by-step explanation: