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
It should be -1 I believe.
Answer:
No i will not
Step-by-step explanation:
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Answer:
its 4
Step-by-step explanation:
Answer:
2 points throw = 37
3 points throw = 11
Step-by-step explanation:
Given that:
Let number of
2 points = x ; 3 points = y
x + y = 48 - - - (1)
2x + 3y = 107 ---(2)
x = 48 - y
Then ;
2(48 - y) + 3y = 107
96 - 2y + 3y = 107
96 + y = 107
y = 107 - 96
y = 11
From (1)
x = 48 - 11
x = 37
2 points throw = 37
3 points throw = 11