answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paraphin [41]
1 year ago
12

How much could you save for retirement if you chose to invest the oney you spend on Starbucks coffee in one year? Assume you buy

one venti latte for $4.50 each weekday for 50 weeks and can invest the total amount in a mutual fund earning 5% compounded annually for 30 years. ROUND THE ANSWER TO TWO DECIMAL PLACES.
Amount saved for retirement: ________________
Mathematics
1 answer:
solmaris [256]1 year ago
7 0

Answer:

The answer should be $7,087.50

Step-by-step explanation:

4.50 x 50 = 225

225 x 1.05 = 236.25

236.25 x 30 = 7087.50

You might be interested in
A musician uploads a music video to the internet and sends a link to the video to 4 friends. Each friend send the link to 4 diff
marin [14]
If the people who didn't watch it still sent it
192 viewers
4 0
2 years ago
The table below shows how much Joe earns, y, after working x hours.
allochka39001 [22]
Both slopes have the same value which is 7.5.

To compute for the slope we will use this formula:
   m = y^2 - y^1 over x^2 - x^1

For the first slope, the points are<span> (4, 30) and (12, 90). Substitute and simplify.
   m = (90 - 30) over (12 - 4)
   m = 7.5

For the second slope, the points are </span><span>(4, 30) and (10, 75). Same with the above computation.
   m = (75 - 30) over (10 - 4)
   m = 7.5

Since the relationship is linear, the slope does not change. </span>
6 0
2 years ago
Read 2 more answers
If the diameter of a sphere is 1 meter, then what is its surface area? Leave your answer in terms of π= 3.14
umka21 [38]

surface area = 4 x pi x r^2

 diameter = 1 so radius = 1/2 = 0.5

4 x 3.14 x 0.5^2 = 3.14 meters^2

3 0
2 years ago
Read 2 more answers
When the movie is half over, popcorn sells for half price. Full price popcorn is $3.50, and drinks are $1.35. Determine the cost
satela [25.4K]
$3.50 as a half price is $1.75
If you want 3 orders of popcorn at half price, you would do 1.75*3 which is $5.25
As for drinks, 1.35*3 is $4.05

$4.05 + $5.25 = $9.30.
3 0
2 years ago
Read 2 more answers
Caleb bought groceries and paid $1.60 in sales tax.the sales tax rate is 2.5% What was the price of Caleb’s groceries,before tax
Goryan [66]

Let price of the Caleb's groceries was $x.

Given that tax rate is 2.5% or 0.025

Then sales tax is given by product of 0.025 and x.

which is 0.025x.

Given that tax paid is $1.60 so both must be equal

0.025x=1.6

divide both side by 0.025

x=1.6/0.025

x=64

Hence final answer is $64.

7 0
2 years ago
Other questions:
  • What is 52,634,275,309 in expanded form
    15·2 answers
  • What is the fifth term of the geometric sequence?<br> a1 = 120, a2 = 36, a3 = 10.8, a6 = 0.2916
    10·2 answers
  • Help please anyone ASAP
    13·1 answer
  • Malik collects rare stamps and has a total of 212 stamps. He has 34 more domestic stamps than foreign stamps. Let x represent th
    11·2 answers
  • Eli, Freda and Geoff were given ?800 to share in the ratio of their ages. Eli is 9 years old,Feda is 13 years old and Geoff is 1
    15·2 answers
  • Marisela cut four equivalent lengths of ribbon. Each was 5 eighths of a yard long. How many yards of ribbon did she cut? Express
    12·1 answer
  • Suppose that the exam scores for students in a large university course are normally distributed with an unknown mean and standar
    11·1 answer
  • What are the possible polynomial expression for dimensions of the cuboid whose volume is 12y2 + 8y -20
    7·2 answers
  • Can someone help please??
    6·1 answer
  • Variable: Temperature
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!