Answer:
Step-by-step explanation:
Abc
Answer:
Lisa invest "$2180.81" in her bank.
Step-by-step explanation:
The given values are:
On Lisa's 62nd birthday,
she withdraw = $10,000
The annuity of $A will remain at 3 percent for 40 years. The retirement pension of $10000 lasts 23 years at rate percentage of 3 but begins 40 years later.
⇒ 
⇒ 
⇒ 
⇒ 
⇒
($)
37.5
9/24=0.375
Move the decimal two places and you get 37.5%
The correct answer is option A