Answer:
$4,515.14
Step-by-step explanation:
First we need to get the amount after 25 years on $400,000 at 5% interest
Using the compound interest formula
A = P(1+r)^n
A = 400,000(1+0.05)^25
A = 400,000(1.05)^25
A = 400,000(3.3864)
A = $1,354,541.98
Since 25years = (25*12)months
25 years = 300months
Amount to be able to pull out each month = $1,354,541.98/300
Amount to be able to pull out each month = $4,515.14
Hence you will be able to pull out $4,515.14 each month
Answer:
x= 0.6
Step-by-step explanation:
Answer:
16
Step-by-step explanation:
(2 means squared) (c is the hypotenuse)
a2+b2=c2
a2+ (12×12) = (20×20)
a2+144=400
a2=256
a=16
1/2+4/10 for example
in a decimal way: 1/2+4/10 = 0.5+0.4. add those two and it is 0.9
in a fraction: 1/2+4/10 = 5/10+4/10. add the numerators, which is 9, and you keep the denominator so it is 9/10
