The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
Answer:
Ano po yung sasagutan dan?
di ko po kasi alam thank you
All you need to do is do $23 divide by %13. (Which you are dividing 0.13 23.
You have to multiply -2 to all of the numbers inside the parenthesis and you will have your answer. -6v+4x+2
Given:
The table of values.
To find:
The least-squares regression line for the data set in the table by using the desmos graphing calculator.
Solution:
The general form of least-squares regression line is:
...(i)
Where, m is the slope and b is the y-intercept.
By using the desmos graphing calculator, we get
Substitute these values in (i).
Therefore, the correct option is A.
