Answer:
- <em><u>The reduction is 8.6%</u></em>
Explanation:
Call F the full monthly pension of a person retiring at 62.
If a person continues to work the pension grows at a rate of 6% per year, compounded monthly, so use the compounded growing formula:
Where r = 6 / 100 = 0.06, and t = number of years after retirement.
<u>For retirement at 65.5</u>:
<u>For retirement at 67</u>:
<u>Percent reduction of people who retire at 65.5 compared to what they would receive at 67</u>:
How explain please !!!!!!!!!!
Since 7.6 is the cost per package, and x represents the number of packages, the expression 7.6x would represent the cost for the packages. Once we add the base fee, we get the equation:
y = 7.6x + 6.95
Hope this helps.
Answer:
$11.50. Each CD cost $11.50.
Step-by-step explanation:
When trying to determine how much each CD cost, we need to know our total cost, $57.50, and how many CDs were bought, 5.
Since 5 CDs cost $57.50, we can divide our total cost by the number of CDs purchased to find the cost of each CD. 57.50 / 5 = 11.50
Answer:
60 think
Step-by-step explanation:
