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timama [110]
3 years ago
7

A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals the interest rate she ea

rns on her $459,000 of savings, how much can she spend in real terms each year over the rest of her life?
Mathematics
2 answers:
Karo-lina-s [1.5K]3 years ago
8 0

Answer:

Real rate = Interest rate - Inflation rate

Here, real rate will be ZERO.

When real rate of return os ZERO annual saving will be Value/Years.

Hence, available real annual savings is $15,300 ($459,000/30)

Step-by-step explanation:

____ [38]3 years ago
5 0

Given Information:

Time period = n = 30 Years

Amount = P = $459,000  

Inflation rate = interest rate

Required Information:

Spending per year = ?

Answer:

She can spend $15,300 per year

Step-by-step explanation:

Lets assume that interest rate is x

Real rate = Interest rate - inflation rate

since it is given that Inflation rate = interest rate

Real rate = x - x

Real rate = 0

Therefore, the retiree can spend

$459,000/30 = $15,300 per year

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Applying Properties of Exponents In Exercise,use the properties of exponents to simplify the expression.
vitfil [10]

Answer:

(A) e^2

(b) e^{-3}

(c) e^2

(d) e^3

Step-by-step explanation:

We have given expression and we have to simplify the expression using exponent property

(A) (\frac{1}{e})^{-2}

So (\frac{1}{e})^{-2}=\frac{1}{e^{-2}}=e^2

(b) (\frac{e^5}{e^2})^{-1}

So (\frac{e^5}{e^2})^{-1}=(e^{3})^{-1}=e^{-3}

(c) \frac{e^5}{e^3}

So \frac{e^5}{e^3}=e^2

(d) \frac{1}{e^{-3}}=e^3

7 0
3 years ago
What is the value of x when y equals 2 in the equation y equals x over 4 - 7
Alex

The value of x when y = 2 is x = 36

Step-by-step explanation:

The equation that we have in this problem is:

y=\frac{x}{4}-7

In order to find the value of x when y is equal to

y = 2

We need to re-arrange the equation making x the subject.

We proceed as follows:

1) We add +7 on both sides:

y+7=\frac{x}{4}-7+7\\y+7=\frac{x}{4}

2) Now we multiply both  sides by 4:

4(y+7)=\frac{x}{4}\cdot 4\\x=4(y+7)

3) Now we can substitute y = 2 and find the value of x:

x=4(2+7)=4(9)=36

Learn more about equations:

brainly.com/question/13168205

brainly.com/question/3739260

#LearnwithBrainly

5 0
3 years ago
rick deposited $6200 in a savings account with simple interest. three years later, the account held $7130 what was the interest
Law Incorporation [45]

1) Gathering the data

P=$6200

F=7310

t= 3 yrs

2) Since it is a simple interest, it is a linear application. So we can find it using this formula:

undefined

8 0
1 year ago
How do I solve this with explanation?
kakasveta [241]

Answer:

x = 106°

Step-by-step explanation:

You must understand the picture to answer the question correctly.

The angle to the right has measure 68°.

The angle to the left has measure x, an unknown number.

Notice that 174° is written in gray, not black, and notice that the curve is also in gray. That means the entire angle made up of 68° and x measures 174°.

x + 68° = 174°

Subtract 68° from both sides.

x = 106°

7 0
2 years ago
Make n the subject of the formula t= square root of n+3/n
bazaltina [42]

Step-by-step explanation:

hi I have answered ur question

4 0
3 years ago
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