Answer:
You can get an idea of how much guaranteed lifetime income a given amount of savings will buy by going to this annuity payment calculator. Today, for example, $100,000 would get a 65-year-old man about $525 a month in lifetime income, while that amount would generate roughly $490 a month for a 65-year-old woman.
=(8)(3.4)+13.812
=27.2 + 13.812
=41.012
the Answer is 41.012
To get the reciprocal, simply flip the numerator and denominator. The reciprocal of 3/10 is 10/3.
It should be 2 but i’m not positive
