Since a slope differe, this is not linear relationship. Simply, if you connect all points on the graph, they will not lie on the same line. Two next graphs represent the linear relationships, so they represent the linear relationship.
If Lamont withdraws $2,750 monthly, he will be <u>66 years old</u> (after 134.326 months) when the money runs out.
<h3>How is the number of monthly withdrawals calculated?</h3>
We can calculate the number of monthly withdrawals using an online finance calculator.
It determines the number of periods it will take for the investment to be exhausted, given an interest rate of 3.8%.
I/Y (Interest per year) = 3.8%
PV (Present Value) = $300,500
PMT (Periodic Payment) = $-2750
FV (Future Value) = $0
<u>Results</u>:
N = 134.326 months
Years = 11 years (134.326/12)
Age at FV = $0 is 66 years (55 + 11)
Sum of all periodic payments = $-369,397.09 (134.326 x $-2,750)
Total Interest = $68,897.09
Thus, making a monthly withdrawal of $2,750 will exhaust the investment when Lamont turns <u>66</u>.
Learn more about periodic withdrawals and payments at brainly.com/question/13031679
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Answer:
R
Step-by-step explanation:
A vertical line has slope that is "undefined". Line R is the vertical line on your graph.
_____
The slope of a vertical line is "undefined" because of the way slope is defined. Slope is the vertical change divided by the horizontal change. When the line is vertical, there is no horizontal change, so the computation of slope involves division by zero. The result of division by zero is "undefined."
Answer:
D
Step-by-step explanation:
6.2 + 8.5 = 12 + 40 = 52