I saw Sweet Ems’ is the better deal since you could get a 5-lb bag just for $4.10 while, Yum Yum’s is 15 cents more for the 5-lb
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
How much you need pay?
65x(1-25%)
=65x75%
=65x0.75
=48.75
Your answer should be $48.75.
Answer:
B. 11/18
Step-by-step explanation:
Solve using algebra.
x = 0.611111...
10x = 6.111111...
10x - x = 6.111111.. - 0.61111111..
9x = 5.5
x = 5.5/9
x = 11/18