Step-by-step explanation:
[ Refer to the attachment ]
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.
w = 37.846 mph (wind rate)
plane speed in still air: 492 mph
Answer:
25%
Step-by-step explanation:
If we consider the original price of the piece of suit is x.
Given that, on Monday during a one day sale, the price of the suit was decreased by 20%.
Therefore, the new price of the suit on Monday is
.
Now, the price of the suit on Tuesday was changed back to the original price i.e. x.
Therefore, the price is increase by (x - 0.8x) = 0.2x from the price of 0.8x.
So, the percentage change in price of the suit on Tuesday is
%. (Answer)