Your answer is: D. (-4.25, -0.5)
Answer:
C) None of the above
When you simplify -6+4q+(-6q), you'll end up with -2q-6, which isn't present between the two choices.
-6(q+1)-4q = -10q-6, so that can't be the answer
2(q-3) = 2q - 6. But the 2q isn't negative, so therefore, this isn't the answer either
Therefore, the answer is C: None of the above
<em>Hope this helped!</em>
Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
So we need to solve for pmt (the amount of the annual withdrawals)
PMT=pv÷ [(1-(1+r)^(-n))÷r]
Pv present value 65000
R interest rate 0.055
N time 10 years
PMT=65,000÷((1−(1+0.055)^(
−10))÷(0.055))
=8,623.40....answer
Hope it helps
The correct answer is 5/6
