The rule of the payout annuity is
P is the initial amount
d is regular withdrawals
r is the annual rate in decimal
n is the number of periods in a year
t is the time
Since you have $500 000 saved, then
P = 500000
Since the interest is 8%, then
r = 8/100 = 0.08
Since the time is 15 years, then
t = 15
Since you want the monthly amount, then
n = 12
Substitute them in the rule to find d
Then you will be able to pull $4778.260422 each month
Since the skier has to rent skis for 30 dollars per day with
both passes, we can ignore it while solving the question.
A season pass is 350, while a daily pass is 75.
So a seasonal pass is equivalent to having 4.6667 daily passes. And you can't buy 0.6667 of a pass.
So, if you went at least 5 days with a seasonal pass, then the seasonal pass would be less expensive than a daily pass.
Answer:
go ask ur teacher u fool brain less stupid
Answer:
ED = 12
<em><u>HOPE </u></em><em><u>THIS </u></em><em><u>HELP </u></em><em><u>YOU </u></em><em><u>,</u></em><em><u> </u></em><em><u>FOR </u></em><em><u>ANY </u></em><em><u>QUESTION </u></em><em><u>PLEASE </u></em><em><u>ASK </u></em><em><u>ME </u></em><em><u>.</u></em>
Answer:
B)
Step-by-step explanation:
You need to add the first 2 numbers and the answer needs to be bigger than the third number and if you add 10 + 5 will be 15 and the third number is 17, so the answer of this is the B
