Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
So we need to solve for pmt (the amount of the annual withdrawals)
PMT=pv÷ [(1-(1+r)^(-n))÷r]
Pv present value 65000
R interest rate 0.055
N time 10 years
PMT=65,000÷((1−(1+0.055)^(
−10))÷(0.055))
=8,623.40....answer
Hope it helps
Answer:
x = 4
Step-by-step explanation:
DO + OB = DB
15 + 3x + 7 = 9x - 2
3x + 22 = 9x - 2
3x + 24 = 9x
24 = 6x
4 = x
-1d-7 is the answer I'm pretty sure
<h3>
Answer: False</h3>
Explanation:
If the sample is biased, then it does not represent the population. A biased sample favors one or more groups over others.
For example, if the sample consisted of only men, then the sample is biased toward men and leaves out women from the group. Hence, this sample does not represent everyone.
