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marishachu [46]
3 years ago
15

On the day you retire you have $1,000,000 saved. You expect to live another 25 years during which time you expect to earn 6.19%

on your savings while inflation averages 2.5% annually. Assume you want to spend the same amount each year in real terms and die on the day you spend your last dime. What real amount will you be able to spend each year? $61,334.36
Mathematics
1 answer:
serious [3.7K]3 years ago
4 0

Answer:

OUR ANSWER IS $61,334.36

Step-by-step explanation:

The real rate of return = 6.19% - 2.5% = 3.69%

We assume the annual withdrawal is P and the same will be withdrawn at the end of each year, so that the present value of the regular annuity will be $1,000,000

Total tenure = 25 Years

PV = 1 × [(1-(1 + r)⁻ⁿ] /r = P × [1 +(1.0369)⁻²⁵] /0.0369 =P× 16.147

But as per the condition, PV = $1,000,000

So P =$1000,000 /16.147 =$61,334.36

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worty [1.4K]
You use x ≤ 68 or x ≥68
7 0
3 years ago
Write an equation that represents this comparison sentence.<br><br> 24 is 4 times as many as 6
Nana76 [90]
24 is 4 times as many as 6


6*4=24
3 0
2 years ago
If trapezoid ABCD was reflected over the y-axis, reflected over the x-axis, and rotated 180°, where would point A' lie?
Dmitrij [34]
A is the point (-4, 1)

i) reflection over the y-axis projects a point (a, b) to (-a, b):

(-4, 1) is projected to (4, 1), 

ii) reflection over the x axis projects a point (a, b) to (a, -b):

(4, 1) is projected to (4, -1),

iii) rotation 180 degrees: projects (a, b) to (-a, -b):

so (4, -1) is projected to (-4, 1)


Answer: A'(-4, 1)
 
8 0
3 years ago
HELP ASAP. <br><br> I’m so confused can someone tell me what to do on this? I’ll mark brainliest
DENIUS [597]

9514 1404 393

Answer:

  • 52°: angles 4, 13, 18
  • 128°: angles 1, 3, 14, 17
  • 44°: angles 5, 12, 15
  • 136°: angles 2, 6, 11, 16
  • 84°: angles 7, 10
  • 96°: angles 8, 9

Step-by-step explanation:

Where a transversal (t or u) crosses parallel lines (m and n), there are four angles formed at each intersection. Corresponding and vertical angles are congruent.

Angles in a linear pair are always supplementary. Of course, the angles interior to a triangle always total 180°. These facts let you find the relationships of all the angles in the figure.

Angle 13 corresponds to the given angle 52°, so has the same measure. Angles 4 and 18 are vertical angles with respect to those, so also have the same measure. Angles 1 and 3, 14 and 17 are supplementary to the ones just named, so all have measure 128°.

In the same way, angles on the other side of the figure can be found from the one marked 44°. Angles 5, 12, and 15 also have that measure; and angles 2, 6, 11, and 16 are supplementary, 136°. Angles 7 and 10 finish the triangle interior so that its sum is 180°. That means they are 180° -52° -44° = 84°. Of course, angles 8 and 9 are the supplement of that value, 96°.

In summary:

  • 52°: angles 4, 13, 18
  • 128°: angles 1, 3, 14, 17
  • 44°: angles 5, 12, 15
  • 136°: angles 2, 6, 11, 16
  • 84°: angles 7, 10
  • 96°: angles 8, 9
6 0
2 years ago
Solve the equation for all values of x.<br> ∣4x + 4 ∣- 10 = 3x
sertanlavr [38]

Answer:

X = 6 , – 2

Step-by-step explanation:

| 4x +4| - 10 =3x

4x +4 - 10 = 3x

4x - 3x = 10 - 4

x = 6

_____o___o____

– (4x + 4) – 10 = 3x

– 4x – 4 – 10 = 3x

3x + 4x = – 4 – 10

7x = – 14

x = – 14/ 7

x = – 2

I hope I helped you^_^

6 0
2 years ago
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