9514 1404 393
Answer:
$4127
Step-by-step explanation:
The amortization formula is good for finding this value.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where P is the amount invested at rate r for t years.
A = $600,000(0.055/12)/(1 -(1 +0.055/12)^(-12·20)) = $4127.32
You will be able to withdraw $4127 monthly for 20 years.
Answer:
10ibs=1000% 6ibs=600%
Step-by-step explanation:
33/4 is the same as 8 1/4
so that means that matt bought the Volvo for 8 1/4 times as much as the car his parents bought.
therefore... 8,000 times 8.25 = 66,000
<span> (4.08)(0.7) = 2.856
--------------------------------</span>
When you graph an equation, it should be dependent variable against the independent variable. For this problem, the independent variable is the time, so this is along the x-axis. The dependent variable is d, so this is along the y-axis. Since the slope is Δy/Δx, then it is also equivalent to Δd/Δt. Therefore, the answer is B.
