Answer:
The withdrawals will be of $ 11,379.014 per month
Explanation:
Future value of the annuities:
C 750.00
time 360(30 years x 12 monhs per year)
rate 0.008333333 (10% / 12 months)
PV $1,695,365.9436
C 250.00
time 360 (30 years x 12 monhs per year)
rate 0.005 (6% / 12 months)
PV $251,128.7606
Total 1,695,365.84 + 251,128.76 = 1.946.494,6
and from here we withdraw for 25 years:
PV 1,946,495
time 300 (25 years x 12 months)
rate 0.004166667 (5% / 12 months)
C $ 11,379.014
Answer:
b.9%
Explanation:
Formula for annual rate of return formula is as follows;
Annual rate of return = [ (New value/ Initial value)^(1/t) ] -1
t = the total holding period of investment = 12 years
Old value = 22,000
New value = 62,000
Next, plug in the numbers to the formula;
Annual rate of return; r = [ (62,000/22,000) ^(1/12) ] -1
r = [2.8182 ^(1/12)] - 1
r = 1.0902 -1
r = 0.0902 or 9%
A free market is where the prices of good ands service are detirmined by the open market and consumers, in which the laws and forces of supply and demand are controlled by government or any other authority.
<span>After a thorough research, the same question exists with the following choices.
A. offline storage; easy etiquette
B. data backup; online meetings
C. video conferencing; social media
D. data backup; collaboration
The correct answer is letter (D) data backup; collaboration. </span>
A) appropriation <span>is money set aside by formal action for a specific use. appropriation casework bill constituent</span>
