I don’t understand I’m guessing you use 5 I don’t know

Mathematics

2 answers:

forsale [732]4 years ago

6 0

Yes, plug 5 in for h.

-7-4h+3h-8

-7-4(5)+3(5)-8

-7-20+15-8

-20

answer: -20

Nikolay [14]4 years ago

5 0

You’re just replacing h with the given, which is 5.

1.) - 7 - 4h + 3h - 8

2.) - 7 - 4(5) + 3(5) - 8
Replace h with 5

3.) - 7 - 20 + 15 - 8
Multiply 4 and t to get 20. And multiple 3 and 5 to get 15.

4.) - 27 + 7
If it’s a negative and a negative, you add them together, but you include the negative sign with it. So, - 7 + (- 20) is - 27. Then, you subtract 8 from 15 to get positive 7.

5.) - 20
Since the negative number is larger than the positive number, it’ll still be a negative number. So, - 20 + 7 will be - 20.

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The rule of the payout annuity is

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t is the time

Since you have $500 000 saved, then

P = 500000

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Since the time is 15 years, then

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Since you want the monthly amount, then

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Substitute them in the rule to find d

$\begin{gathered} 500000=\frac{d(1-(1+\frac{0.08}{12})^{-12(15)})}{\frac{0.08}{12}} \\ 500000(\frac{0.08}{12})=d(1-(\frac{151}{150})^{-180}) \\ \frac{10000}{3}=d(1-(\frac{151}{150})^{-180}) \\ \frac{\frac{10000}{3}}{(1-(\frac{151}{150})^{-180})}=d \\ 4778.260422=d \end{gathered}$

Then you will be able to pull $4778.260422 each month

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1 year ago

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Dahasolnce [82]

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