Why is it important to start saving for retirement decades before retirement age?

Answers

Answer 1
I think it would be important to save up the money for retirement early because when retirement comes, you will be all ready and prepared to retire. That is why you should save up early for retirement.
Answer 2

It is important to start saving for retirement decades before retirement age because of compound interest. When you start saving at a younger age, you have more time for your money to compound. In other words, you can start with a smaller amount of money and after 30 years of compounding, it can grow to a larger amount.

Compounding is the formula 1 + r to the n which means interest compounds into more interest over time.


Related Questions

How to solve 2x 4=17 step by step?

Answers

What's the symbol is in the middle of 2x and 4?

What is 0.98 rounded to the nearest thousandth?

Answers

0.98 is already rounded
it may also be asking for 0.980, which is equal but shows the thousandth place

The number 0.98 already has a zero in the thousandths place and no further digits; hence it remains as 0.980 when rounded to the nearest thousandth.

The given number, 0.98, when rounded to the nearest thousandth, does not change because it has a zero in the thousandths place. To round a number to the nearest thousandth, you look at the digit in the ten-thousandths place. If this digit is 5 or greater, you round up.

If it is less than 5, you keep the digit in the thousandths place as it is. Since 0.98 has a zero in the thousandths place already and there are no further digits, it remains as 0.980 when rounded to the nearest thousandth.

Plot 4/3 and 26/3 on the number line.

Answers

what i would do here is just find out the decimal value of those:

4/3 = 1.3333
26/3 = 8.6666

so, on a number line, you'd just plot 4/3 a little past 1, and plot 26/3 a little over half past 8.
itll b 1 1/3 and 8 2/3  then u put them on the line 

round 1,647 to the nearest thousand

Answers

The answer would be 7,000
1,647 rounded would be 2,000

Write an equation of the direct variation that includes the point (9, –12).

(A.) y = 1 1/3x (B.) y = - 1/12x (C.) y = 1 1/3x (D.) -3/4x ...?

Answers

Final answer:

The equation of direct variation for the point (9, -12) would be y = -1 1/3x. The constant of variation, 'k', is found by dividing 'y' by 'x'. Therefore, 'k' is -12/9, which simplifies to -1 1/3.

Explanation:

In a direct variation, the equation can be represented in the form y = kx, where 'k' is the constant of variation. Here, 'k' can be found by dividing 'y' by 'x'. So, in the given point (9, -12), 'k' would be -12/9, which simplifies to -4/3 or -1 1/3. Therefore, the equation of the direct variation that includes the point (9, -12) would be y = -1 1/3x. The provided options don't include this equation, so it might be a mistake in the question options. Remember, the correct equation should always have 'y' and 'x' directly vary, and 'k' have the same sign as the given 'y' value.

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1.3 yrs = ? hrs ...?

Answers

The answer is 11395.8

1 year = 365.25 days
1.3 years = x days
________________
1.3 years = 1.3 * 365.25 days = 474.825 days
________________
________________
1 day = 24 h
474.825 days = x hours
________________
474.825 days = 474.825 * 24 hours = 11395.8

6 sweets cost 24p altogether how much do 5 sweets cost

Answers

24 divided by 6 equals 4. Each sweet is worth 4p. If you multiply 5 by 4 you get 20, so the answer is 5 sweets cost 20p.

To calculate the cost of 5 sweets when 6 sweets cost 24p, divide the total cost by the number of sweets to determine the cost of one sweet, then multiply by 5. The cost for 5 sweets is 20p.

To find out how much 5 sweets cost when 6 sweets cost 24p altogether, we first need to calculate the cost of one sweet. We divide the total cost by the number of sweets to get the cost per sweet. Here's how it's done:

Find the cost of one sweet by dividing the total cost of 6 sweets (24p) by 6: Cost per sweet = 24p / 6 = 4p.Now, multiply the cost per sweet by the number of sweets you want to find the cost for, which in this case is 5: Cost for 5 sweets = 4p / sweet × 5 sweets = 20p.

Therefore, 5 sweets would cost 20p.


In the Math Club, 7 of the 20 girls are seniors, and 4 of the 14 boys are seniors. What is the probability of randomly selecting a boy or a senior to represent the Math Club at a statewide math contest?

Answers

34 In All. 14 boys (14/34) 11 Seniors, - 4 so we don't double count. (14/34) + (7/34)


The answer is 21/34.

There are in total 34 children: 20 girls + 14 boys = 34 children
There are in total 11 seniors: 7 senior girls + 4 senior boys = 11 senior children

When we have two events that do not occur together, so only one of the events can happen (there is OR in a sentence), then we use the addition rule and add up probabilities of the events. We have two events not occurring together:
1. The probability of selecting a boy is 14/34 (because there are 14 boys among 34 children).
2. The probability of selecting a senior is 11/34 (because there are 11 seniors among 34 children).


Now, we just need to add them up. However, we have already counted 4 senior boys in the probability of the first event and thus, must subtract the probability of selecting a senior boys (4/34):
14/34 + 11/34 - 4/34 = (14+11-4)/34 = 21/34

Kayla notices that she can buy snacks and candy in bulk at the grocery store. The snacks she wants to buy cost $1.29 per kilogram.

Answers

Final answer:

Leslie can determine which option will give her more yogurt by comparing the weights of the two options.

Explanation:

To determine which option will give Leslie more yogurt, she needs to compare the weights of the two options. First, she needs to convert the weight of the first option from pounds to ounces. Since 1 pound is equal to 16 ounces, the 2 pound container is equal to 32 ounces. Next, she can compare the weights of the two options. The first option is 32 ounces and the second option is 5 containers of 6 ounces each, which is a total of 30 ounces. Therefore, the first option will give Leslie more yogurt.

Helpppppppp I'm really bad in math

Answers

All you got to do is to find a number that will make the equation equal to 2.

What you could do is multiply each side by 12.

Then it will become 6x + 2x = 24

Combine like terms: 8x = 24

Now divide each side by 8

The answer is x = 3
I think its 3. 3 I hope its right

carla looks from the top of a diving board, and lines up a ball floating on the surface of the water with the bottom of the opposite corner of the pool. calculate the total distance across the surface of the pool. explain your reasoning

Answers

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below is the solution:

12/x = 10/9 
10x/ 20 = 108/10 
x = 10.8

9 + 10.8 = 19.8 ft

appleseed a tech company spends a fixed cost of $1500 to manufacture the wristbands for their new appleseed watch plus $100 per unit manufactured solution

Answers

The slope is 100. It represents the cost per wristband.
The y-intercept is 1500. It represents the fixed cost to manufacture the wristbands.

a. The slope is 100. It shows the cost per wristband.

b. The y-intercept is 1500. It shows the fixed cost for manufacturing the wristbands.

Given that,

The fixed cost of $1,500 for manufacturing the wristbands. And, there is $100 per unit.

Based on the above information, we can conclude that

a. The slope is 100. It shows the cost per wristband.

b. The y-intercept is 1500. It shows the fixed cost for manufacturing the wristbands.

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If Harrisen makes $10 an hour, how much will he make in a 40 hour work week?


$30


$50


$40


$400

Answers

For 1 hour, earned money = $10
For 40 hour, it would be: $10 * 40 = $400

So, option D is your answer.

Hope this helps!
your answer would be 400

as the fish-and-game warden of your township, you are responsible for stocking the town pond with fish before fishing season. the average depth of the pond is 20 feet. you plan to start the season with one fish per 1000 cubic feet. you intend to have at least 25% of the opening day's fish population left at the end of the season.what is the maximum number of licenses the town can sell if the average seasonal catch is 20 fish per license?
...?

Answers

(1/2) (200 ft) (0 + 2 *520 + 2 * 800 ft + . . .+2*860 ft + 0)
= 1,332,000 ft^2

Average depth of 20 ft =
1,332,400 / 20   = 2,664,000 ft^3

2,664,000 ft^3 / 1 fish/1,000 ft^3  = 26,640 fishes
26,640 x 75 %  = 19,980 catchable fishes
19,980 /20   = 999 licenses

hope this helps

Kumbu saleh traded primarily in

Answers

salt,gold, ivory and slaves.
Hope this will help.

original price $18 markup 15%

Answers

multpily 18 to 0.15 because 0.15 represents the percent then add the answer to 18

use analytic methods to find the extreme values of f(x)= (1/x) + lnx on the interval 0.5 ≤ x ≤ 4 and where they occur

Answers

f(x) = (1/x) + ln x
At the extreme values, f'(x) = 0
f'(x) = -1/x^2 + 1/x = 0
(x - 1)/x^2 = 0
x - 1 = 0
x = 1

f(1) = 1/1 + ln 1 = 1

Therefore, the extereme value is 1 and occurs at x = 1.

At a gas station, the price of a regular gas was $3.80 per gallon on monday. the price increased to $3.85 per gallon on tuesday. round the price per gallon for each day to the nearest tenth of a dollar.

Answers

Monday's gas, $3.80 rounded to the nearest tenth of a dollar would be $3.80 (its already there)
Tuesday' gas, $3.85 rounded to the nearest tenth of a dollar would be $3.90
Hope this helps!! and if you ever need anything else just ask! :)

Answer:

A round number is less accurate, but easier to use, because you get rid of certain decimals.

There are some rules to do this:

If we want to round a number to the nearest tenth, we have to look what's the unit after it, if that unit is more than 5, we round the tenth to the upper number. For example, 10.66 would be rounded to 10.7.If we want to round a number, and the next digit is lower that 5, we just maintain the same digit. For example, 10.44 would be rounded to 10.4However, there's a specific case, if we want to round a number to the tenth, and the following digit is 5, we could round up or round down the tenth digit. If the digit we want to round is pair, then we maintain the same digit, if it's odd, we can round to the upper digit. For example, 10.65 would be rounded to 10.6, and 10.75 would be rounded to 10.8

Therefore, according to these rules, the round number would be $3.8 and $3.8

To find out how fast a tree grows, you can measure its trunk. A giant red oak's diameter was 248 inches in 1965. The tree's diameter had grown to 251 inches in 2005. Find the average rate of change in the diameter of the tree per year.

Answers

For starters, determine what two things are changing, in this case, the question tells you it's the diameter and the year. Next, determine by how much these two are changing. For the year, subtract the most recent year by the oldest year, so 2005-1965=40 years. For the diameter, subtract the diameter of the most recent year by the diameter of the oldest year, so 251-248=3. Now, use the question to get your ratio. The question asks for "diameter of the tree per year," so you would divide the change in diameter by the change in year, so 3/40 inches per year would be your ratio.

Answer:0.075

Step-by-step explanation:

To solve a three-variable system of equations, you can use a combination of the elimination and substitution mehtods.

True or False ...?

Answers

It is true that in order to solve a three-variable system of equations, you can use a combination of the elimination and substitution methods.
This is the best way to solve these kinds of equations, as you get rid of the unnecessary variables. 

Final answer:

True, a combination of the elimination and substitution methods can solve a three-variable system of equations.

Explanation:

The statement is True. We can use a combination of the elimination and substitution methods to solve a three-variable system of equations. In the elimination method, we aim to eliminate one variable by adding or subtracting the equations, allowing us to solve for the remaining variables. This method works well when the coefficients of one variable are opposites in two equations.


In the substitution method, we solve one equation for one variable and substitute this expression into the other equations. This allows us to solve for the remaining variables. This method is more straightforward when one equation can be easily solved for one variable.

(1) Which fraction is a multiple of 1/6
A) 7/16
B) 11/12
C) 4/6
D) 6/9

(2) which fraction is a multiple of 1/8
A) 14/18
B) 7/16
C) 8/9
D) 5/8

(3) which fraction is NOT a multiple of 1/10
A) 10/3
B) 8/10
C) 3/10
D) 10/10

(4) which fraction is NOT a multiple of 1/12
A) 5/12
B) 11/12
C) 2/10
D) 3/13

Answers

Answers:
___________
1) [C]:  4/6 ;
___________
2) [D]:  5/8 ; 
___________
3) [A]:  10/3 ;
___________
4)  Both: [C]: 2/10; and: [D]: 3/13;  are NOT multiples of 1/12
_______________________

A number decreased by 10 is greater than -5.
How can I write this in an inequality?

Answers

The answer to your problem is 10 is less than x and greater than -5.
x-10>-5
simplified:
x>5

three randomly selected households are surveyed. the numbers of people in the households are 1,3,8 assume that samples of size n =2 are randomly selelcted with replacement from the population of 1,3,8. Listed below are the nine different sampls

1,1 1,3 1,8 3,1 3,3 3,8 8,1 8,3 8,8


find the variance of each of the nine samples then summerize the sampling distribution of the variances in the format of a table representing the probability distribution of the distinct variance values


s^2 Probability

3.3

1

6.3

49

Answers

Final answer:

The variances for the samples were calculated, and then the probability of each distinct variance value was found. The results were summarized in a table showing the probability distribution of the variances.

Explanation:

The variance of a sample is calculated using the formula:
s^2 = Σ ( xi - X_bar )^2 / (n - 1).
Where 'xi' represents each value in the sample, 'X_bar' is the mean of the sample and 'n' is the number of values in the sample. Let's calculate the variance for each of these samples:

1,1: variance = 01,3: variance = 21,8: variance = 493,1: variance = 23,3: variance = 03,8: variance = 258,1: variance = 498,3: variance = 258,8: variance = 0

Next, find the probability of each distinct variance value by counting the number of times it occurs and dividing by the total number of samples (9 in this case). The sampling distribution of the variances with probabilities looks something like this:

Variance = 0 : Probability = 3/9 = 0.33Variance = 2 : Probability = 2/9 = 0.22Variance = 25 : Probability = 2/9 = 0.22Variance = 49 : Probability = 2/9 = 0.22

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What is the ratio of the area of the inner square to the area of the outer square?

(a−b)²+b²/a²

a²−b²/a²

(a−b)²/(a+b)²

(ab)²/(a+b)²

Answers

the answer is
(a−b)²+b²/a²


proof

if A is the area of the
inner squared, so A= c², and c²= (a−b)²+b²

so the side of the outer must be a-b +b=a, its area is a²

Answer: I just did the quiz in Plato the answer will be option A or (a-b) 2+b2/a2

Step-by-step explanation:

What is the sum of square root -2 and squareroot -18

Answers

sqrt-2 = 1.414i ; sqrt-18 = 4.243i
1.414i + 4.234i = 5.657i

The 'i' is included because the sqrt of a negative number is imaginary.

The sum of the square roots of -2 and -18 is [tex]\( 4\sqrt{2}i \)[/tex], where i is the imaginary unit.

The sum of the square roots of -2 and -18 involves complex numbers because both -2 and -18 are negative.

The square root of a negative number is not a real number, but it can be expressed using imaginary units.

The square root of -2 can be represented as [tex]\( \sqrt{-2} = \sqrt{2}i \),[/tex] where i is the imaginary unit, defined as [tex]\( i = \sqrt{-1} \).[/tex]

Similarly, the square root of -18 can be written as [tex]\( \sqrt{-18} = \sqrt{18}i \).[/tex]

Now, to find the sum of these square roots:

[tex]\[ \sqrt{-2} + \sqrt{-18} = \sqrt{2}i + \sqrt{18}i \][/tex]

[tex]\[ = \sqrt{2}i + \sqrt{2 \times 9}i \][/tex]

[tex]\[ = \sqrt{2}i + 3\sqrt{2}i \]\\\\ = (\sqrt{2} + 3\sqrt{2})i \][/tex]

[tex]\[ = 4\sqrt{2}i \][/tex]

So, the sum of[tex]\( \sqrt{-2} \) and \( \sqrt{-18} \)[/tex] is [tex]\( 4\sqrt{2}i \).[/tex]

Help me please !

Scores on a statewide standardized test are normally distributed with a mean of 12.89 and a standard deviation of 1.95. Certificates are given to students whose scores are in the top 2% of those who took the test. This means that they scored better than 98% of the other test takers. Marcus received his score of 13.7 on the exam and is wondering why he didn’t receive a certificate. Show all work to determine whether Marcus’ score was high enough to earn a certificate. Write a letter to Marcus explaining whether or not he will be receiving a certificate. Include a brief summary of your statistical analysis in your letter.

Answers

Marcus score is 13.7, the mean is 12.89, and the standard deviation is 1.95, so I’ll do ( 13.7 – 12.89)/ 1.95, Since Marcus' z-score is 0.415. The area to the left of the z-score is 65.9% so therefore Marcus did scored better than 65.9% of the students. So Marcus needs to score 98% better of all the other students in order for him to receive an actual certificate.
you take the mean of 12.89 from marcus' score od 13.7  to get .81, then divide that by the standard deviation of 1.95. This gives you .415 and thats 65.9% on the z table. In the summary tell him he only scored better than 65.9% of students or average.

When sam breathes in, his chest expands, causing air to fill his lungs. which structure causes his chest to expand?

Answers

Here is the answer of the given question above. So when Sam  breathes in, his chest expands, causing air to fill his lungs. The structure that causes his chest to expand is the diaphragm. The diaphragm pulls your lungs downwards and your chest wall pulls outwards and upwards – this causes your lungs to stretch and pull air inside. When you relax, the elasticity of the lungs pushes air out. Hope this answer helps.

What is the average rate of change of the function f(x)=5(2)^x from x = 1 to x = 5?

Answers

Plug in x = 1 to get...
f(x) = 5(2)^x
f(1) = 5(2)^1
f(1) = 10
So the point (1,10) is on this curve

Do the same for x = 5
f(x) = 5(2)^x
f(5) = 5(2)^5
f(5) = 160
The point (5,160) is also on the curve

Use the slope formula now
m = (y2-y1)/(x2-x1)
m = (160-10)/(5-1)
m = 150/4
m = 37.5

The average rate of change is 37.5

Solve the system by the elimination method. Check your work. 2a + 3b = 6 5a + 2b - 4 = 0

Answers

Solve the system by the elimination method.
2a + 3b = 6
5a + 2b - 4 = 0 

multiply thru the top equation by 2
Multiply thru the bottom equation by 3

4a + 6b = 12
15a+ 6b = 12

Subtract and solve for "a":
11a = 0
a = 0

Solve for "b" using 2a + 3b = 6
2*0 + 3b = 6
b = 2

Answer:

Step-by-step explanation:

a=0

b=2

answer (0,2)

Help solve x+6=4y
2x-8y=-12

Answers

2x -8y = -12
x = -6+4 + , y E R
The answer is X=-6 Y=0
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