Answer:
<h3>The answer is option B</h3>
Step-by-step explanation:
The nth term of the sequence is
A(n) = 5n + 7
To find the (n+1)st term substitute n+1 into the general equation
That's
<u>For (n + 1)st term</u>
A(n+1) = 5(n+ 1) + 7
A(n+1) = 5n + 5 + 7
<h3>A(n+1) = 5n + 12</h3>
Hope this helps you
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.
Answer:
$1129.93
Step-by-step explanation:
100 - 9.5 = 90.5
8000 - 90.5 = 7909.5
7909.5 ÷ 7 = 1129.93
i hope this helps
