Answer:
y=
x+6
Step-by-step explanation:
To find the slope:
-->
-->
--> 
Insert into the point-slope form: (y-7)=
(x+4)
Solve: y-7=
x-1 --> y=
+6
Answer:
Monthly payment is $5970
Step-by-step explanation:
Given : April invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 89. April invested a $1,000,000 into the annuity, which earns 4.4% APR compounded monthly.
To find : what is April's monthly payment amount?
Solution :
Formula of monthly payment
Monthly payment,
Discount factor
Where, Amount = $1,000,000
Rate r= 4.4%=0.044 compounded monthly
Time = 89-65=23 years
Now, put all the values we get,
Monthly payment,
Approximately,monthly payment is $5970
Answer:
5/9 & -10/3
Step-by-step explanation:
Set each to 0 and solve:
9x-5 = 0
9x=5
x=5/9
6x+20=0
6x=-20
x=-20/6
x= -10/3 or -3 1/3
Answer:1144.2 for question 5
Step-by-step explanation: