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Statistics and Probability Construction Teacher H 20 25 30 35 40 45 50 55 Salary (thousands of $) Jennie makes the median salary for a

Statistics and Probability

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Construction Teacher H 20 25 30 35 40 45 50 55 Salary (thousands of $) Jennie makes the median salary for a construction worker. Markos makes the median salary for a teacher. Who makes more money? OJennie O Markos How much more? $ 2 You deposit $2000 in an account earning 7% interest compounded monthly. How much will you have in the account in 15 years? You have $400,000 saved for retirement. Your account earns 10% interest. How much will you be W able to pull out each month, if you want to be able to take withdrawals for 15 years? Suppose you want to have $500,000 for retirement in 30 years. Your account earns 6% interest. How much would you need to deposit in the account each month? You have $3,000 on a credit card that charges a 19% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don't charge anything new to the card)

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