Answer is B .....hope this help
Answer:
The greates amount she could buy is 4
Answer:
- <em><u>The reduction is 8.6%</u></em>
Explanation:
Call F the full monthly pension of a person retiring at 62.
If a person continues to work the pension grows at a rate of 6% per year, compounded monthly, so use the compounded growing formula:
Where r = 6 / 100 = 0.06, and t = number of years after retirement.
<u>For retirement at 65.5</u>:
<u>For retirement at 67</u>:
<u>Percent reduction of people who retire at 65.5 compared to what they would receive at 67</u>:
There are many ways, but here is one:
x = 100
Since ‘x’ is 100 and we want 100 more, we just need to add ‘x’ to 623
Answer: x + 623 (Make sure you define your ‘x’ value)
Answer: X= 16
Step-by-step explanation: