Lonnie’s employer will match up to 5% of his salary in contributions to his 401(k). His starting salary with the company is $2,500 a month, and the company allows him to contribute up to 12% of his salary to his 401(k). What is the minimum amount of his salary that Lonnie should contribute each month to maximize his employer’s matching contribution?

Answers

Answer 1

The minimum amount of Lonnie's salary that he should contribute each month to maximize his employer's matching contribution is $125.

To determine the minimum amount, first, we need to find the maximum amount of Lonnie's salary that his employer will match. Since the employer matches up to 5% of his salary, and his starting salary is $2,500 a month, the maximum amount his employer will match is 5% of $2,500, which is $125.

To maximize his employer's matching contribution, Lonnie should contribute at least $125 to his 401(k) each month. This will ensure that he receives the maximum matching contribution from his employer. Additionally, since Lonnie is allowed to contribute up to 12% of his salary to his 401(k), he can contribute more than the minimum amount if he wants to save more for his retirement.

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Related Questions

Find the value of the unknown in the figure below

Find the value of the unknown in the figure below

Answers

b =(17,6x 8,9):19,7=7,95

A bag contains 20 coloured marbles. Copy and
complete the table below to show the probability of
picking each colour at random and the number of
each colour marble in the bag. What is the
probability, as a percentage (%), of picking a purple
marble at random? How many purple marbles are in
the bag?
Colour
Yellow
Blue
Green
Purple
Probability
10%
15%
Number of marbles
6

A bag contains 20 coloured marbles. Copy andcomplete the table below to show the probability ofpicking

Answers

Yellow No. of balls = 2
Blue Probability = 30 %
Green No. of balls = 3
Purple Probability = 45 %
Purple No. of balls = 9

There are four candidates for homecoming queen and three candidates for king. How many king-queen pairs are possible?

Answers

The number of possible king-queen pairs can be determined by multiplying the number of candidates for king by the number of candidates for queen.

To calculate the number of king-queen pairs, we multiply the number of candidates for king by the number of candidates for queen. In this case, there are four candidates for homecoming queen and three candidates for king. Therefore, the total number of king-queen pairs would be 4 multiplied by 3, which equals 12.

Each candidate for king can be paired with each candidate for queen, resulting in multiple possible combinations. By multiplying the number of candidates for each position, we account for all possible pairings. In this scenario, there are three potential kings and four potential queens. For each king, there are four possible queens he can be paired with. Since there are three kings, we multiply 3 by 4 to get the total number of 12 king-queen pairs.

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Suppose Y1 and Y2 have the joint pdf
f(y1,y2)= 2, if 0<=y1<=y2<=1.
f(y1,y2)=0 , otherwise.
Find E[Y1+Y2] and P[Y1<=3/4 | Y2>1/3]

Answers

Putting it all together, we have:

P[Y1 ≤ 3/4 | Y2 > 1/3] = (1/4) (7/12) / (5/6) = 7/20

To find E[Y1 + Y2], we can use the fact that the expected value of a sum is the sum of the expected values:

E[Y1 + Y2] = E[Y1] + E[Y2]

To find E[Y1], we need to integrate Y1 times the joint PDF over the region where Y1 and Y2 are both positive and Y1 ≤ Y2:

E[Y1] = ∫∫ y1 f(y1, y2) dy1 dy2

= ∫[0,1] ∫[y1,1] y1 f(y1, y2) dy2 dy1

= ∫[0,1] ∫[y1,1] 2y1 dy2 dy1

= ∫[0,1] [2y1(1 - y1)] dy1

= 1/3

Similarly, we can find E[Y2]:

E[Y2] = ∫∫ y2 f(y1, y2) dy1 dy2

= ∫[0,1] ∫[0,y2] y2 f(y1, y2) dy1 dy2

= ∫[0,1] ∫[0,y2] 2y2 dy1 dy2

= ∫[0,1] [y2^2] dy2

= 1/3

Therefore, we have:

E[Y1 + Y2] = E[Y1] + E[Y2] = 2/3

To find P[Y1 ≤ 3/4 | Y2 > 1/3], we can use Bayes' theorem:

P[Y1 ≤ 3/4 | Y2 > 1/3] = P[Y2 > 1/3 | Y1 ≤ 3/4] P[Y1 ≤ 3/4] / P[Y2 > 1/3]

We can find the numerator and denominator separately. First, we find P[Y2 > 1/3 | Y1 ≤ 3/4]:

P[Y2 > 1/3 | Y1 ≤ 3/4] = ∫[1/3,1] ∫[0,y2] 2 dy1 dy2 / ∫[0,1] ∫[0,1] 2 dy1 dy2

= 1/4

Next, we find P[Y2 > 1/3]:

P[Y2 > 1/3] = ∫[1/3,1] ∫[0,y2] 2 dy1 dy2 / ∫[0,1] ∫[0,1] 2 dy1 dy2

= 5/6

Finally, we find P[Y1 ≤ 3/4]:

P[Y1 ≤ 3/4] = ∫[0,3/4] ∫[y1,1] 2 dy2 dy1 / ∫[0,1] ∫[0,1] 2 dy1 dy2

= 7/12

Putting it all together, we have:

P[Y1 ≤ 3/4 | Y2 > 1/3] = (1/4) (7/12) / (5/6) = 7/20

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sin^2(x)=1/2-1/2cos2x

Answers

The equation sin^2(x) = 1/2 - 1/2cos(2x) is an identity that holds true for all values of x. It can be used to simplify expressions involving sine and cosine functions.

The equation sin^2(x) = 1/2 - 1/2cos(2x) is a trigonometric identity, which means it holds true for all values of x. To understand why this identity is true, we can use the double angle formula for cosine, which states that cos(2x) = cos^2(x) - sin^2(x). Rearranging this formula gives sin^2(x) = cos^2(x) - cos(2x).

Now, we can substitute the identity cos^2(x) + sin^2(x) = 1 into the above equation, which gives sin^2(x) = 1 - cos^2(x) - cos(2x). Rearranging further gives sin^2(x) = 1/2 - 1/2cos(2x), which is the desired identity.

This identity can be useful in simplifying expressions involving sine and cosine functions. For example, if we have an expression with both sin(x) and cos(x), we can use this identity to express everything in terms of sin(x) or cos(x) only.

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NEED HELP ITS DUE IN 10 MINS ILL GIVE BRAINLIEST!!!!!!! READ PHOTO!!!!!!!!!!111

NEED HELP ITS DUE IN 10 MINS ILL GIVE BRAINLIEST!!!!!!! READ PHOTO!!!!!!!!!!111

Answers

Answer: Third Option: The car was at -60 feet at one second after it passed the camera. When was the car 5 feet to the west of the camera?

Step-by-step explanation:

The negatives in the equation most match the the numbers in the third option and it also the one that makes the most sense.

Hope this helps!! :)

A drug is eliminated from the body through urine. Suppose that for a dose of 10 milligrams, the amount (A)t remaining in the body t hours later is given by (A)t 10(0.8)^t and that in order for the drug to be effective, at least 2 milligrams must be in the body.
a. Determine when 2 milligrams is left in the body.
b. What is the half-life of the drug?
.

Answers

In summary, it takes approximately 4.92 hours for 2 milligrams to be left in the body and the half-life of the drug is approximately 2.29 hours.

To determine when 2 milligrams is left in the body, we can substitute A = 2 into the equation given: 2 = 10(0.8)^t. Then, we can solve for t by dividing both sides by 10 and taking the natural logarithm of both sides to isolate t: t = ln(2/10) / ln(0.8). Using a calculator, we find that t is approximately 4.92 hours.

To find the half-life of the drug, we need to determine the time it takes for half of the initial dose (10 milligrams) to be eliminated from the body. This occurs when A = 5 milligrams. We can use the same equation and substitute A = 5: 5 = 10(0.8)^t. Then, we can solve for t using the same method as before: t = ln(0.5) / ln(0.8). Using a calculator, we find that t is approximately 2.29 hours.

In summary, it takes approximately 4.92 hours for 2 milligrams to be left in the body and the half-life of the drug is approximately 2.29 hours.

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In space, how many planes can be perpendicular to a given line at a given point on that line in space?
A. 1
B.0
C. 3
D. infinitely many

Answers

In space, there can be infinitely many planes that are perpendicular to a given line at a given point on that line.

The correct answer is Option D.

The key concept here is that a plane is defined by having at least three non-collinear points.

When a line is given, we can choose any two points on that line, and then construct a plane that contains both the line and those two points. By doing so, we ensure that the plane is perpendicular to the given line at the chosen point.

Since we can select an infinite number of points on the given line, we can construct an infinite number of planes that are perpendicular to the line at various points.

Thus, the correct answer is D. infinitely many planes can be perpendicular to a given line at a given point in space.

The correct answer is Option D.

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DONT CLICK ON THIS IF YOUR NOT GONNA GIVE ME THE RIGHT ANSWER.

State what additional information is required in order to know that the triangles are congruent for the reason given.

DONT CLICK ON THIS IF YOUR NOT GONNA GIVE ME THE RIGHT ANSWER.State what additional information is required

Answers

Answer:

If two sides and the included angle of one triangle are equal to the corresponding sides and angle of another triangle, the triangles are congruent.

Step-by-step explanation:

I hope that helped a bit ;)

At a certain car rental company, it costs $39.95 per day and $0.06 cents per mile to rent a car. How much would it cost to rent a car for 2 days and drive 150 miles?

Answers

Answer: $88.90

Step-by-step explanation:

$39.95 x 2 + 0.06 x 150

find the probability density function of y = e^x when x is normally distributed

Answers

The probability density function of y = e^x when x is normally distributed.

If x is normally distributed with mean μ and variance σ^2, then y = e^x is a log-normal distribution with the following probability density function:

f(y) = (1 / (y * σ * sqrt(2π))) * e^(-((ln y - μ)^2 / (2σ^2)))

where ln y is the natural logarithm of y.

To see why this is the case, we can use the change of variables formula for probability density functions. Let g(x) = e^x, so that y = g(x). Then, the inverse function is x = ln y, and we can compute the derivative of the inverse function as dx/dy = 1/y.

Using the change of variables formula, we have:

f(y) = f(g^(-1)(y)) * |(dg^(-1)/dy)(y)|

where f(g^(-1)(y)) is the probability density function of x, and |(dg^(-1)/dy)(y)| is the absolute value of the derivative of the inverse function evaluated at y.

Plugging in the normal distribution density function for f(x) and the derivative dx/dy = 1/y, we get:

f(y) = (1 / (y * σ * sqrt(2π))) * e^(-((ln y - μ)^2 / (2σ^2)))

This is the probability density function of y = e^x when x is normally distributed.

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Write an equation for the n
term of each geometric
nth
sequence.
1, 4, 16, ...

Answers

nth term = ar^(n-1) where a is the first term and r is the common ratio
a = 1 and r = 4/1 = 16/4 = 4
t(n) = 1 x 4^(n - 1)

The water rate for a city in north carolina is $1.33 per 751 gallons of water used. a) what is the water bill if a resident of that city uses 40,000 gallons? b) how many gallons of water can a customer use if the water bill is not to exceed $130?

Answers

a. The water bill if a resident of that city uses 40,000 gallons is $70,84.b. Many gallons of water can a customer use is 73406 gallons.

These are the specified parameters:

The water rate is $1.33 per 751 gallons.

a. Determine the water bill

The water bill = 40,000 gallons × \(\displaystyle \frac{\$1.33}{751\ gallons}\)

                       = \(\displaystyle\frac{\$53,200}{751}\)

                       = $70,84

b. Determine many gallons of water can a customer use

Many gallons = $130 : \(\displaystyle \frac{\$1.33}{751\ gallons}\)

                       = $130 × \(\displaystyle \frac{751\ gallons}{\$1.33}\)

                       = \(\displaystyle \frac{97,630}{1.33}\) gallons

                       = 73,406 gallons

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Hurry please :3 thank you

Hurry please :3 thank you

Answers

Answer:

10

High Hopes

                        Barry-

Answer:

10

Step-by-step explanation:

I believe the answer is ten! I hope this helps you!

solve this simultaneous equations using the elimination method 2x +1y=10 1x+1y=4​

Answers

2x+1y=10
- 1x+1y=4
= x= 6
Now plug in 6 for x in any equation
2(6) + y = 10
X=6, y= -2

Solve for x.
4x - 4 <8
AND 9x + 5 > 23

Answers

Answer:

2 < x < 3

Step-by-step explanation:

4x - 4 < 8    AND    9x + 5 > 23

4x < 12  AND   9x > 18

x < 3 AND x > 2 so the answer is 2 < x < 3.

  Solve  :    9x-28 = 0

Add  28  to both sides of the equation :

                     9x = 28

Divide both sides of the equation by 9:

                    x = 28/9 = 3.111

Find the area of the region in the first quadrant enclosed by x-axis, line x=3y and the circle x2+y2=4.

Answers

Answer:

Step-by-step explanation:

john lennon

5x - 7 = 8x + 14
I will give 30 points

Answers

The answer is -7. The work is in the picture.
5x - 7 = 8x + 14I will give 30 points
+7 on both sides to get
5x=8x+21
Then -8x from both sides to get
-3x=21
Then divide 21 by -3
And the answer is -7
So X=-7

Use the given linear equation to supply the following information

Use the given linear equation to supply the following information

Answers

Independent variable = w ( number of weeks )

It does not depend of another variable.

Dependent variable = p ( price ) it depends of the number of weeks

Variable amount = 0.3 ( depends of the number of weeks)

Fixed amount = 2.399

HELP I AM TIMED. Determine whether the equation is an identity or not an identity.

HELP I AM TIMED. Determine whether the equation is an identity or not an identity.

Answers

Answer:

It is not an identity

Step-by-step explanation:

There are 10 common trig identities which I am aware of.

Some are in the image attached

The first image is known as b

Basic Identities

The second are known as Trigonometric / Pythagorean Identities .

The third : Co-function identities

and many more.

I'm only allowed to post five images so that's all I have.

HELP I AM TIMED. Determine whether the equation is an identity or not an identity.
HELP I AM TIMED. Determine whether the equation is an identity or not an identity.
HELP I AM TIMED. Determine whether the equation is an identity or not an identity.
HELP I AM TIMED. Determine whether the equation is an identity or not an identity.
HELP I AM TIMED. Determine whether the equation is an identity or not an identity.

Question 6 (1 point)
Erica is collecting cans for a school fundraiser. She collects 5 the first day, 10 the
second day, and 15 the third day. If the pattern continues, how many cans will she
collect on the tenth day?
50 cans
15 cans
100 cans
065 cans

Answers

59 cans ... she counting up by 5s so multiply 5 x 10

Find the difference. 8.6 − 2.87

Answers

Answer:

5.73

Step-by-step explanation:

The difference is 5.73.

Please I really need help no one has been helping me lately

Please I really need help no one has been helping me lately

Answers

Answer:

should be option one:)

Step-by-step explanation:

Answer:

Pls mark me brainliest!

Step-by-step explanation:

It is option 2!

determine whether the statement is true or false. there exists a function f such that f(x) < 0, f '(x) > 0, and f ''(x) < 0 for all x. true or false

Answers

The statement "there exists a function f such that f(x) < 0, f'(x) > 0, and f''(x) < 0 for all x" is True.


1. f(x) < 0: This means the function is always negative.
2. f'(x) > 0: This means the function is always increasing.
3. f''(x) < 0: This means the function is always concave down.

A function that satisfies all these conditions is f(x) = -e^x.

1. For all x, f(x) = -e^x is always negative because e^x is always positive and the negative sign in front makes it negative.
2. The first derivative of f(x) is f'(x) = -e^x, which is always positive because e^x is always positive and the negative sign cancels out.
3. The second derivative of f(x) is f''(x) = e^x, which is always negative because e^x is always positive.

Therefore, the statement is true.

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Hannah is measuring an obtuse angle in her maths exam.
She has written the answer 32°

Her teacher has said she has looked at the outside number instead of the inside
number on the protractor.
What angle should Hannah have put on her exam?

Answers

Hi how are you doing your answer is 32,000 I appreciate you and you’re welcomeNumber private Rector degrees she

HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP

HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP

Answers

Answer:

V = 14130 inches cubed

Step-by-step explanation:

the volume formula for a sphere is  \(V=\frac{4}{3} \pi r^{3}\). To solve plug in the values for each part of the equation. Pi will equal 3.14, and r will equal 15.

Algebraically, find the roots of x² - 4x - 5=0.​

Answers

Question:-

Algebraically, find the roots of x² - 4x - 5 = 0

Solution:-

x² - 4x - 5 = 0 (Given equation)

Here a = 1, b = -4 and c = -5

\( \therefore \) b² - 4ac = (-4)² - (-4) × 1 × -5 = 16 - 20 = -4 < 0

There are no real roots for the given equation. [Answer]

Give the equation of a line that goes through the point (5,7) and is parallel to the line 2x+3y=-9

Answers

• Rearrange in slope intercept form
3y = (-2x - 9) ➗ 3
y = -2/3x - 3

• Write parallel slope (same slope)
m = -2/3

• Replace x and y value in the equation
7 = -2/3(5) + b
7 = -10/3 + b
7 + 10/3 = b
B = 31/3

• write full equation
Y = -2/3 + 31/3

How many ways can you make a 3 letter arrangements out of the letters in the word trapezoid

Answers

Answer:

504 ways fr

Step-by-step explanation:

The meat shop is running a special: 3 KC Strips for $37.89. What is ty cost per KC Strip?

Answers

Answer: $12.63
Explanation: you divide
$12.63 per KC Strip.
Other Questions
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