ballislife999 ballislife999
  • 25-11-2020
  • Mathematics
contestada

If Jack wants to retire with $1,000 per month, how much principal is necessary to generate this amount of monthly income if the interest rate is 6% compounded monthly?

Respuesta :

SuperNovaCorruption
SuperNovaCorruption SuperNovaCorruption
  • 25-11-2020

Answer:

He needs to learn the disciplinary principal

Step-by-step explanation:

Answer Link

Otras preguntas

What volume of concentrated hydrochloric acid (12.0 M HCl) is required to make 2.0 liters of a 3.0 M HCl solution?
The basic food of a plant is _____. produced by chloroplasts produced by mitochondria received through the roots
Strength training is beneficial because it decreases your risk of injury. Which statement BEST describes why this is true? a. Muscular fitness training can pre
Did the egyptians invent geometry
Mary's husband died from war-related injuries. Which insurance plan probably covers Mary and her son?
What percent of 96 is 75?
During your initial research for a thesis paper, you read through various articles on President Harry Truman’s firing of General Douglas MacArthur. One of the a
what is the opposite of -5/9 please help
Changes in the DNA sequence, or mutations, help drive
The product of -15 and the quantity X minus 5