Answer:
$213.095
Step-by-step explanation:
15% of 185.30 = 185.30/100*15 = 27.795
So to find what is 15% added to 185.50, we use 185.30 + 27.795 = $213.095
Hope this help :3
Answer:
Part a: The Future value of the annuity after 40 years is $518113.24.
Part b: The per year withdrawal in retirement for 25 years will be $48536.19.
Step-by-step explanation:
<em>As the numbers are appearing as a duplication taking all these values as single.</em>
Part a
Future value is given as
Here
- PMT is the annual value which is $2000 per year
- I is the interest rate which is given as 8%
- N is 40
So the Future value of the annuity after 40 years is $518113.24.
Part b
Per year withdrawal is given as
Here
- PY is the per year withdrawal
- Value is the total amount which is $ 518113 as calculated in part a
- I is the rate of interest which is 8%
- N is 25 years as expected life to live in retirement.
So the value is given as
So the per year withdrawal in retirement for 25 years will be $48536.
Answer:
>=10
Step-by-step explanation:
you need at LEAST 10people and if you have more then it will be better
Answer:
C)
Step-by-step explanation: