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3 years ago

5

What is the meaning of annuity

2 answers:

ankoles [38]3 years ago

7 0

An annuity is a type of retirement income product that you buy with some or all of your pension pot. It pays a regular retirement income either for life or for a set period. Annuities – the basics. Higher income for medical conditions or unhealthy lifestyle. Your other retirement income options.

Goryan [66]3 years ago

4 0

Answer:

a fixed sum of money paid to someone each year, typically for the rest of their life.

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juin [17]

Answer:

$\displaystyle \large{y = \frac{1}{4} x + 1}$

Step-by-step explanation:

Whenever you solve a word problem, our first step is to read and gather the information we find.

<em>"</em><em>A</em><em> </em><em>l</em><em>i</em><em>n</em><em>e</em><em> </em><em>i</em><em>n</em><em>t</em><em>e</em><em>r</em><em>s</em><em>e</em><em>c</em><em>t</em><em>s</em><em> </em><em>t</em><em>h</em><em>e</em><em> </em><em>p</em><em>o</em><em>i</em><em>n</em><em>t</em><em> </em><em>(</em><em>-</em><em>8</em><em>,</em><em>-</em><em>1</em><em>)</em><em> </em><em>a</em><em>n</em><em>d</em><em> </em><em>h</em><em>a</em><em>s</em><em> </em><em>a</em><em> </em><em>s</em><em>l</em><em>o</em><em>p</em><em>e</em><em> </em><em>o</em><em>f</em><em> </em><em>1</em><em>/</em><em>4</em><em>.</em><em> </em><em>W</em><em>h</em><em>a</em><em>t</em><em> </em><em>i</em><em>s</em><em> </em><em>t</em><em>h</em><em>e</em><em> </em><em>s</em><em>l</em><em>o</em><em>p</em><em>e</em><em>-</em><em>i</em><em>n</em><em>t</em><em>e</em><em>r</em><em>c</em><em>e</em><em>p</em><em>t</em><em> </em><em>e</em><em>q</em><em>u</em><em>a</em><em>t</em><em>i</em><em>o</em><em>n</em><em> </em><em>f</em><em>o</em><em>r</em><em> </em><em>t</em><em>h</em><em>i</em><em>s</em><em> </em><em>l</em><em>i</em><em>n</em><em>e</em><em>?</em><em>"</em>

After reading the question, I am going to highlight or bold the contexts that are important to our problem-solving.

<em>"</em><em>A line intersects the point (-8,-1) and has a slope of 1/4. What is the slope-intercept equation for this line?</em><em>"</em>

First, let's understand that <em><u>slope-intercept equation is in the form of y = mx+b where m = slope and b = y-intercept</u></em>

After reading the context, what do we know?

a slope of 1/4
a line passes through (-8,-1)
write in slope-intercept form

We finally have the information — our first step is to write our slope-intercept equation.

$\displaystyle \large{y = mx + b}$

We know that m is slope which is 1/4 — substitute in the equation.

$\displaystyle \large{y = \frac{1}{4} x + b}$

We have used the two information which are a slope of 1/4 and slope-intercept equation.

That only leaves to one information which is a line that passes through (-8,-1).

Since the graph has to pass through the point, we substitute x = -8 and y = -1.

$\displaystyle \large{ - 1= \frac{1}{4} ( - 8)+ b}$

After using all information, it seems that we are solving for b-term or y-intercept.

$\displaystyle \large{ - 1= \frac{1}{1} ( - 2)+ b}$

From above — cross-division.

$\displaystyle \large{ - 1= 1( - 2)+ b} \\ \displaystyle \large{ - 1= - 2+ b}$

Add both sides by 2 to isolate b-term.

$\displaystyle \large{ - 1 + 2= - 2 + 2+ b} \\ \displaystyle \large{ 1= b}$

Therefore, the value of b is 1. From the equation:

$\displaystyle \large{y = \frac{1}{4} x + b}$

Substitute b = 1 in the equation.

$\displaystyle \large{y = \frac{1}{4} x + 1}$

And we're done!

8 0

3 years ago

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DanielleElmas [232]

Answer: look at the photo

Step-by-step explanation:

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4 years ago