Answer:
In the best 30 years for the housing market (1976-2005), real price appreciation averaged 2.2% per year. In the worst 30 years for housing (1895-1924), real price appreciation averaged -2.0% per year.
Answer:
Annual withdraw= $57,583.68
Step-by-step explanation:
Giving the following information:
Present Value (PV)= $555,000
Interest rate (i)= 0.0825
Number of periods (n)= 20
<u>To calculate the annual withdrawals, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (555,000*0.0825) / [1 - (1.0825^-20)]
Annual withdraw= $57,583.68
Answer:
the difinition of addition is adding two things together
Step-by-step explanation:
R^4-2(r-14)>0
r^4-2r+28>0
r^4-2r+28=0
There is no real solution but there is all real numbers
:)
