Answer:
$4,515.14
Step-by-step explanation:
First we need to get the amount after 25 years on $400,000 at 5% interest
Using the compound interest formula
A = P(1+r)^n
A = 400,000(1+0.05)^25
A = 400,000(1.05)^25
A = 400,000(3.3864)
A = $1,354,541.98
Since 25years = (25*12)months
25 years = 300months
Amount to be able to pull out each month = $1,354,541.98/300
Amount to be able to pull out each month = $4,515.14
Hence you will be able to pull out $4,515.14 each month
Solving Two- Step Equations:
First you have to add or subtract the number without the variable, x, then divide with the variable with x in it.
1.) -2 - 2=26
Answer: x= -14
Try some on your own, if you still need help comment back!
Answer:
x =5, y = 22
Step-by-step explanation:
5y + 79 + 5y + 61 = 360
10y = 220
y = 22
2x + 7 = 4x - 3
-2x = -10
x = 5
Answer:
49 boys did things that May liked
Step-by-step explanation:
May be getting aroundddd, she a real h o e
Answer:
x=32
Step-by-step explanation:
x/2-7=9
1/2x-7=9
add seven to both sides
1/2x=16
multiple both sides by two
x=32