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>:
Answer:
school is a problem
Step-by-step explanation:
Have a great day!!!
Answer:
Table A: f(x) = -4x - (-5)
Table B: f(x) = 4x + ⅖
Table C: f(x) = -4x + (-⅕)
Step-by-step explanation:
See explanation in the attachement below
The percent of his monthly income that will be budgeted for the utilities will be approximately 5.21%.
According to the question,
We have the following information:
Greg evaluated his spending and found that he was spending about $50 more per month on utilities than he has budgeted. He can transfer money from other categories to increase his utilities budget to $125 per month. If his total monthly income is $2,400.
Now, let's take the percent to be x.
We have the following expression:
2400*x/100 = 125
24x = 125
x = 125/24
x = 5.21%
Hence, the percent of his monthly income that will be budgeted for the utilities will be approximately 5.21%.
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Answer:
1
Step-by-step explanation:
Distance between x's (Δx)
0
This field is calculated automatically, you cannot change it's value manually.
Distance between y's (Δy)
1
d = √(Δy2 + Δx2) = √(12 + 02) = √1 = 1
