The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
Answer:
Lil Loaded, Jee hawkins 9lokknine
Step-by-step explanation:
Answer:
3510
Step-by-step explanation:
You can just type this into a calculator.
Answer:
-201.1
-200.9
-200
201
201.8
Step-by-step explanation:
For the given statement we have come to know that number in the line who have negative vales are less than the positive value
so in the number line we can see that
-201.1 is negative value in the number line and it has least value so
next value is -200.9 who is also negative and least but greater than -201.1
moving towards next we can see the value of 200 who is also negative but greater than from -200.9 so moving towards next
we can see that 201.8 is positive value so it is greater from all the past values
next the value 201 is greater than 200
so after these explanation you can see that numbers moving from negative to positive values and its show greatest values as well
hope it will be brainliest to you .
thank you
Answer:
1-2x>13
Step-by-step explanation:
1-2x>13
-2x>13-1
-2x>12
x>-12/2
x<-6
