Solution-How much money has susan deposited

How much money has susan deposited

Assignment Help Mathematics

Reference no: EM13695726

4.) Susan and Kim are twin sisters. Susan starts investing $100 a month at age 25 and invests for 10 years 35 at 5% compounded monthly. Susan stops investing at age 35, and does not contribute any money for the next 30 years. Kim starts investing at age 30, $150 a month at 5% for 30 years. Now at age 65:
a.) How much money has Susan deposited?
b.) How much money has Kim deposited?
c.) Who has saved the most money? Be sure to give the totals for both sisters

Reference no: EM13695726

Questions Cloud

How many possible trinucleotides are a uracil base : Question- How many possible trinucleotides are there that contain a uracil base (U), and two cytosine bases (C)

How many of acme employees use drugs : Acme Manufacturing Company requires all of its 5000 employees to take a drug test. Suppose 2% of the employees actually use drugs (although the company does not know this number). The drug test is 95% accurate. 1.How many of Acme's employee..

A jet is flyingan altitude of 10 kilometers : A jet is flyingan altitude of 10 kilometers. The angle at which it must drop to land is dependent on how far it is from the air port when it begins it's descent. If the pilot of the her wants to descend at a 5 degree angle with the ground, how ..

A semiarid region has from 250 to 500 millimeters of annual : A semiarid region has from 250 to 500 millimeters of annual rainfall. write and solve a compound inequality to describe the annual rainfall of non-semiarid regions measured in inches. use the formula 1 inch = 25.4 millimeters

How much money has susan deposited : 4.) Susan and Kim are twin sisters. Susan starts investing $100 a month at age 25 and invests for 10 years 35 at 5% compounded monthly. Susan stops investing at age 35, and does not contribute any money for the next 30 years. Kim starts investi..

Let d represent the surface of a driveway in square feet : Let d represent the surface of a driveway in square feet and s represent the surface area of a sidewalk in square feet. Create a formula that gives the total cost of concrete for a driveway and sidewalk. Use $90 per cubic yard price for concret..

Jen pension is an annuity with a guaranteed return : Jen's pension is an annuity with a guaranteed return of 5% interest/year compounded monthly. She can afford to put $300/month into the fund, and she will work for 45 years before retiring. If her pension is then paid out monthly based on a 20-..

Create blog and post iste reflection : Create a blog using Weebly or Edublogs, or another blog site of your choice, where you will post responses to prompts for these activities. The instructions that follow will be for Weebly, due to its ease of use, but most blog sites are easy to..

What type of biological compound is characterized : Question- What type of biological compound is characterized by a carboxylic acid and an amine functional group

User Account

All Pages

How much money has susan deposited

Reference no: EM13695726

Reference no: EM13695726

Questions Cloud

Reviews

Write a Review

Mathematics Questions & Answers

Questions on ferris wheel

Logistic map

Finding the probability of cards

Systems of ode

Derive the boolean expression

System of equations

Linear programming problem

Find the natural domain

Introduction to numerical methods

Chart of the topological manifold

Mathematics in computing

Complex problems

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT