Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
So we need to solve for pmt (the amount of the annual withdrawals)
PMT=pv÷ [(1-(1+r)^(-n))÷r]
Pv present value 65000
R interest rate 0.055
N time 10 years
PMT=65,000÷((1−(1+0.055)^(
−10))÷(0.055))
=8,623.40....answer
Hope it helps
Answer:
A. and C.
if you simplify the expressions, you will see which ones are equal to the expression given
The speed of this:
70 miles per hour
1 hour = 60 minutes
70/60 = 7/6
around 1 1/6 mile per minute
hope this helps
Answer:
-3
1.1 ×10
Explanation: when you divide it it comes to .0011
and with significant figures you move the decimal over until it is right after the first number that is not zero. so that would change .0011 to 1.1
also with significant figures if you move the decimal to the right you exponent by the 10 will be negative and if you move it to the left it will be positive. so I. this case we are moving g to the right 3 digits so our exponent will be negative 3.
and because the answer is still really. 0011 you multiply
-3
1.1 × 10
