Answer:
$595,808.11
Step-by-step explanation:
We assume the retirement account is intended to pay out $5000 per month for 25 years. The amortization formula can be used to find the required amount. The monthly payment A based on principal P with interest at annual rate r for t years satisfies the relation ...
A = P(r/12)/(1 -(1 +r/12)^(-rt))
P = A(12/r)(1 -(1 +r/12)^(-rt))
P = 5000(12/0.09)(1 -(1 +.09/12)^-300)
P = $595,808.11
The required nest egg is $595,808.11.
-8 ........................
Answer: Danny's supermarket
Step-by-step explanation:
Danny's price- 0.75x1.5= $1.12 for 1 liter water bottle
Marta's price- $1.50 for 1.25 liter water bottle
1.12x1.25=1.40, if Danny was selling a 25% bigger bottle(making the bottle size equal to Marta's) it would cost $1.40, the lower price
<h3>
I'll teach you how to solve f(x)=0x63 - 52x – 96</h3>
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f(x)=0x^3 - 52x – 96
Apply rule:
0 * a= 0
0-52x-96
Group like terms:
-52x+0-96
Add/subtract the numbers:
0-96= -96
-52x-96
Your Answer Is -52x-96
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