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:
C. 22.28
Step-by-step explanation:
area of square is 4*4 =16
area of half of circle is
(Pi*r²)/2 = 3.14*4/2 = 6.28
16+6.28 = 22.28
Answer:
Mr. jones
Step-by-step explanation:
6/7 is 85.71% which is greater than 83%.
Answer:
weekly earnings = 300+50x
Step-by-step explanation:
x is vacuums sold