Answer:
-16
Step-by-step explanation:
So let’s solve for 7x. So 7x=34. So 7x-50 is 34-50 or -16
The monthly interest rate is 6%/12 = 0.5%. The interest earned each month is
0.005*$500,000 = $2500
You can withdraw $2500 each month without disturbing the principal amount.
Answer:
see work attached and shown
Anything else? there isnt a question.