Q2. mean [ with 140 in place is] = 436/ 6 = 72 and 2/3rds.
mean [without 140 in place = 296/5 = 59.2
that means the mean would definitely decrease.
will get back to you in a moment.
Answer:
Step-by-step explanation:
Looking at y=-%282%2F3%29x%2B3 we can see that the equation is in slope-intercept form y=mx%2Bb where the slope is m=-2%2F3 and the y-intercept is b=3
Since b=3 this tells us that the y-intercept is .Remember the y-intercept is the point where the graph intersects with the y-axis
So we have one point
Now since the slope is comprised of the "rise" over the "run" this means
slope=rise%2Frun
Also, because the slope is -2%2F3, this means:
rise%2Frun=-2%2F3
which shows us that the rise is -2 and the run is 3. This means that to go from point to point, we can go down 2 and over 3
So starting at , go down 2 units
and to the right 3 units to get to the next point
Now draw a line through these points to graph y=-%282%2F3%29x%2B3
So this is the graph of y=-%282%2F3%29x%2B3 through the points and
PV = P(1 - (1 + r)^-n) / r; where P is the periodic withdrawal = $100,000; r = rate = 5% = 0.05; n = number of periods = 20 years.
PV = 100000(1 - (1 + 0.05)^-20) / 0.05 = 100000(1 - 1.05^-20) / 0.05 = 100000(1 - 0.3769) / 0.05 = 100000(0.6231) / 0.05 = 100000(12.4622) = 1,246,221 ≈ $1,250,000
