9514 1404 393
Answer:
$4127
Step-by-step explanation:
The amortization formula is good for finding this value.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where P is the amount invested at rate r for t years.
A = $600,000(0.055/12)/(1 -(1 +0.055/12)^(-12·20)) = $4127.32
You will be able to withdraw $4127 monthly for 20 years.
For the second problem the answer D, -9, -11
Answer:

Step-by-step explanation:

<h3>
Answer: 3/5</h3>
Work Shown:
3 blue + 3 red = 6 pens that are either blue or red
4 black + 3 blue + 3 red = 10 pens total
6/10 = 3/5 is the probability of selecting either blue or red
3/5 = 0.60 = 60%