so
so
take differential calculus
you will find x then y
If Lamont withdraws $2,750 monthly, he will be <u>66 years old</u> (after 134.326 months) when the money runs out.
<h3>How is the number of monthly withdrawals calculated?</h3>
We can calculate the number of monthly withdrawals using an online finance calculator.
It determines the number of periods it will take for the investment to be exhausted, given an interest rate of 3.8%.
I/Y (Interest per year) = 3.8%
PV (Present Value) = $300,500
PMT (Periodic Payment) = $-2750
FV (Future Value) = $0
<u>Results</u>:
N = 134.326 months
Years = 11 years (134.326/12)
Age at FV = $0 is 66 years (55 + 11)
Sum of all periodic payments = $-369,397.09 (134.326 x $-2,750)
Total Interest = $68,897.09
Thus, making a monthly withdrawal of $2,750 will exhaust the investment when Lamont turns <u>66</u>.
Learn more about periodic withdrawals and payments at brainly.com/question/13031679
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Answer:
The least value of (r+s) is (12+14)=26
Step-by-step explanation:
Well, first let us solve equation of 11(s-1)=13(r-1), which results in 11s-11=13r-13. Hence, 11s+2=13r. It is stated that r and s both are integers and greater than 1.
To make sure that r and s are integers, the least value of s must be equal to 14 (s=14) then the least value of r becomes 12 (r=12).
Finally, the least value of (r+s) is (12+14)=26.
Answer:
If the prism is trapezoid then you need to find the height and use this formula
1/2 x a+b x h
This has been done below you only need to fill in the height and do the shape for 3cm x 2cm as you haven't been clear in your question.
Volume = 8 x h x 10 = 80 x h cm^3
Hope this helps.
Step-by-step explanation:
Slope triangle prism and or rectangle
The area can be seen either by finding height of the triangle or working out the rectangle and halving the rectangle.
Step-by-step explanation:
Volume
6 x 8 = 48cm^2
48 x 5 = 230cm^2 for double (rectangle prism of 6 x8)
385/2 = 115cm^2 triangle slope prism
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Area first
trapezoid front measures 6,5, 10
1/2 x 6 + 5 x h
=1/2 x 6 + 5 x h
= 8 x h x 10= 80 x h
Volume = 8 x h x 10 = 80 x h cm^3
There isnt a full inch in a push pin there is only 3/4 of one
