Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
So we need to solve for pmt (the amount of the annual withdrawals)
PMT=pv÷ [(1-(1+r)^(-n))÷r]
Pv present value 65000
R interest rate 0.055
N time 10 years
PMT=65,000÷((1−(1+0.055)^(
−10))÷(0.055))
=8,623.40....answer
Hope it helps
<span>173/<span>25 is the answer to that.</span></span>
Answer: x=-2, y=2
Step-by-step explanation:
(SUBSTITUTION)
= 4x+4-x=2
x=-2
3y=4 x (-2)
y= 2
I believe the answer is 3 minutes
At the 3 minute mark, Maxine will be half way done and Sammie will still have 6 minutes left to mow the grass