Answer:
Monthly payment is $5970
Step-by-step explanation:
Given : April invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 89. April invested a $1,000,000 into the annuity, which earns 4.4% APR compounded monthly.
To find : what is April's monthly payment amount?
Solution :
Formula of monthly payment
Monthly payment,
Discount factor
Where, Amount = $1,000,000
Rate r= 4.4%=0.044 compounded monthly
Time = 89-65=23 years
Now, put all the values we get,
Monthly payment,
Approximately,monthly payment is $5970
H(10,000) = 10 · 10,000
= 100,000
Answer: 10,000
Answer:
175 square feet
Step-by-step explanation:
the area of the whole thing is 400 ft. (20 x 20=400)
i got the 20 from the perimeter b/c 20+20+20+20=80
then subtract the area of the pool from 400 to get 175.
Answer:
y=5/3x-3.4
Step-by-step explanation:
slope is 5/3