Bhhbbhhhhhhcddddssdddddddddxxx

Mathematics

1 answer:

Art [367]4 years ago

3 0

Answer:

Bhhbbhhhhhhcddddssdddddddddxxx means nothing :)

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You have $500,000 saved for retirement. Your account earns 8% interest. How much will you be able to pullout each month, if you

borishaifa [10]

The rule of the payout annuity is

$P=\frac{d(1-(1+\frac{r}{n})^{-nt})}{\frac{r}{n}}$

P is the initial amount

d is regular withdrawals

r is the annual rate in decimal

n is the number of periods in a year

t is the time

Since you have $500 000 saved, then

P = 500000

Since the interest is 8%, then

r = 8/100 = 0.08

Since the time is 15 years, then

t = 15

Since you want the monthly amount, then

n = 12

Substitute them in the rule to find d

$\begin{gathered} 500000=\frac{d(1-(1+\frac{0.08}{12})^{-12(15)})}{\frac{0.08}{12}} \\ 500000(\frac{0.08}{12})=d(1-(\frac{151}{150})^{-180}) \\ \frac{10000}{3}=d(1-(\frac{151}{150})^{-180}) \\ \frac{\frac{10000}{3}}{(1-(\frac{151}{150})^{-180})}=d \\ 4778.260422=d \end{gathered}$

Then you will be able to pull $4778.260422 each month

4 0

1 year ago

A school staff meeting had 72 teachers in attendance, 25% of whom were first-year teachers. How many first-year teachers were in

vaieri [72.5K]

25% of whom were first year teachers out of 72 teachers in attendance in a school staff meeting equals 18 first-year teachers in the meeting. Therefore, there are 18 first-year teachers in the school staff meeting.

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3 years ago

Read 2 more answers

A side of the triangle below has been extended to form an exterior angle of 128° . Find the value of x.

AfilCa [17]

Answer:

Step-by-step explanation:

The sum of adjacent angles traversed by a line must equal 180 degrees.

128+x=180

x=52

8 0

3 years ago