all we can really cancel is one of the (x-5) and the "x", is all.
Answer:
Annual withdraw= $57,583.68
Step-by-step explanation:
Giving the following information:
Present Value (PV)= $555,000
Interest rate (i)= 0.0825
Number of periods (n)= 20
<u>To calculate the annual withdrawals, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (555,000*0.0825) / [1 - (1.0825^-20)]
Annual withdraw= $57,583.68
Irrational number has unsolvable root overs.
Last two are now our options
Hence its not irrotational.
Hence
Option C is irrational.
Answer: X = 5.9
Step-by-step explanation:
