Answer:
it's "c" or the third option
Answer:
1.75
c
+
2.25
a
=
1083.00
now we still know, that
a
=
508
−
c
so we can substitute it into the second formula
1.75
c
+
2.25
(
508
−
c
)
=
1083
now its just simple algebra
1.75
c
+
1143
−
2.25
c
=
1083
60
=
0.5
c
so:
c
=
120
Step-by-step explanation:
<span>The answer is It represents a nonlinear function because its points are not on a straight line.</span>
X=30.4-2y
(step by step) :
PV = P(1 - (1 + r)^-n) / r; where P is the periodic withdrawal = $100,000; r = rate = 5% = 0.05; n = number of periods = 20 years.
PV = 100000(1 - (1 + 0.05)^-20) / 0.05 = 100000(1 - 1.05^-20) / 0.05 = 100000(1 - 0.3769) / 0.05 = 100000(0.6231) / 0.05 = 100000(12.4622) = 1,246,221 ≈ $1,250,000
