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
Answer
Rhonda's savings is r and 10 would be what she already has so
Step-by-step explanation:
sum of = +
r + 10 = 64
Answer:
Step-by-step explanation:
Subtract 6 from both sides:.
Subtract 1/2n from both sides:
Multiply 2 on both sides:
Divide both sides by 5
To find the area of this we have to multiply length times width
9 in* 8in
72 in^2
Hope this helps!
Answer:
Last option
Step-by-step explanation:
Given expression is:
The terms can be simplified one by one
As the larger power of x is in numerator, the smaller power will be brought to denominator
Similarly for y,
Applying the radical
So, last option is the correct answer ..