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swat32
4 years ago
7

At age 25, you decide to start your retirement account, and put $700 at the end of each quarter into an account paying 7.25% com

pounded quarterly. At age 54, you stop making payments into the account. Account continues to pay 7.25% compounded quarterly.
A) You decide to retire at age 67. Amount you have in your account at age 54 and 67?
B) If you’re living off this account once you retire, making monthly withdraws, for another 16 years, how much can you withdraw each month, assuming the account continues under the same compounding terms, 7.25% compounded quarterly? Amount you could withdraw quarterly? Amount you will be able to withdraw monthly?
Mathematics
1 answer:
Veronika [31]4 years ago
3 0

Answer:

44.5 is the best

Step-by-step explanation:

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Answer:

B) 176 ft²

Step-by-step explanation:

The picture below is the attachment for the complete question. The figure has 3 halves of a circle and a square . The area of the figure is the sum of their area.

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Area of the 3 semi circles

area of a single semi circle = πr²/2

For 3 semi circle = πr²/2 + πr²/2 + πr²/2 or 3 (πr²/2)

r = 9/2 = 4.5

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Area for 3 semi circles = 31.7925  × 3 = 95.3775  ft²

Area of the composite figure =  95.3775  ft² + 81 ft² = 176.3775  ft

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4 years ago
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vova2212 [387]
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