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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.
A= 0.25 or 1/4
Hope this helps:)
Answer:
answer is J because if we lay out the information we will understand it
Answer:
27π
Step-by-step explanation:
area of circle = πr^2
= π × 6^2
= 36π
36/4
= 9
36 - 9
= 27π units squared