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3 years ago

Help .............

Mathematics

1 answer:

NARA [144]3 years ago

5 0

What kinda of math is this so i can answer..

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A company provides a monthly pension to its employees. A person retiring at 62 retires and receives a full monthly pension. If t

IRISSAK [1]

Answer:

The reduction is 8.6%

Explanation:

Call F the full monthly pension of a person retiring at 62.

If a person continues to work the pension grows at a rate of 6% per year, compounded monthly, so use the compounded growing formula:

$Pension=F(1+r/12)^{12t}$

Where r = 6 / 100 = 0.06, and t = number of years after retirement.

For retirement at 65.5:

t = 65.5 - 62 = 3.5

$Pension=F(1+0.06/12)^{12\times 3.5}=1.233F$

For retirement at 67:

t = 67 - 62 = 5

$Pension=F(1+0.06/12)^{12\times 5}=1.349F$

Percent reduction of people who retire at 65.5 compared to what they would receive at 67:

$(1.349F-1.233F)\times 100/(1.349F)=8.6\%$

8 0

3 years ago

What is the quotient of a number and 5

KengaRu [80]

Sorry but that's an unclear question, can you double check to see if you included everything, and also check to see the possible answers?

3 0

3 years ago

Solve for y: 1/3y+7≥12 A) y ≤ 5/3 B) y ≥ 15 C) y ≤ 5 D) y ≥ 57

Klio2033 [76]

Answer:

B) y ≥ 15

Step-by-step explanation:

6 0

3 years ago

I will give you a Brainliest

dlinn [17]

Answer: 4.2 units is equal to 26.376 circumference, 7.4 units is equal to 23.236, 11 units is equal to 34.54 and finally 9.5 units is equal to 59.66

Step-by-step explanation:

7 0

2 years ago

Find the perimeter of the isosceles triangle with points A (0,0); B (3,3); and C (6,0)

finlep [7]

Answer:

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6 0

2 years ago

Help ............. ​

Help .............