Armando plans to work 36 years at a job where he makes $56,000 per year. He wants to have a lifetime income over $2,000,000. Will his lifetime income meet his goal? Solve to find his lifetime income.(1 point) Responses No, his lifetime income will be less than $2,000,000. No, his lifetime income will be less than $2,000,000. Yes, his lifetime income will be $2,016,000. Yes, his lifetime income will be $2,016,000. Not enough information. Not enough information. Yes, his lifetime income will be $2,128,000
To find Armando's lifetime income, we need to multiply his annual income by the number of years he plans to work:
$56,000 * 36 years = $2,016,000
Therefore, Armando's lifetime income will be $2,016,000, which meets his goal of having a lifetime income over $2,000,000.
So the correct response is: Yes, his lifetime income will be $2,016,000.