Answer:
Annual withdraw= $57,583.68
Step-by-step explanation:
Giving the following information:
Present Value (PV)= $555,000
Interest rate (i)= 0.0825
Number of periods (n)= 20
<u>To calculate the annual withdrawals, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (555,000*0.0825) / [1 - (1.0825^-20)]
Annual withdraw= $57,583.68
Answer:
the answer is b
Step-by-step explanation:
just took the test
Answer:
The answer is 1800.
Step-by-step explanation:
3/540 = 10/x
3x = 540 × 10
x = 5400/3
x = 1800
Answer:x=1
Step-by-step explanation:
y=y
y = -x + 10
y = 7x + 2
-x+10=7x+2
10=8x+2
8=8x
x=1
Answer: 3/2
Step-by-step explanation:
