Answer:
$100
Step-by-step explanation:
40x30=1200
1200/12=100
Answer:
y = 7 
Step-by-step explanation:
Use the given ordered pairs to find a and b
Using (0, 7 ), then
7 = a
(
= 1 ), thus
a = 7
y = 7 
Using (5, 1701 )
1701 = 7
( divide both sides by 7 )
243 =
( take the fifth root of both sides )
b =
= 3 , thus
y = 7
The second one or the middle table mark Brainliest please
PV = P(1 - (1 + r)^-n) / r; where P is the periodic withdrawal = $100,000; r = rate = 5% = 0.05; n = number of periods = 20 years.
PV = 100000(1 - (1 + 0.05)^-20) / 0.05 = 100000(1 - 1.05^-20) / 0.05 = 100000(1 - 0.3769) / 0.05 = 100000(0.6231) / 0.05 = 100000(12.4622) = 1,246,221 ≈ $1,250,000