What is the withdrawal of $150 at the end of each year for 14 years with an interest rate of 7 percent
1 answer:
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Answer:
x = 50
Step-by-step explanation:
When two secants intersect in the interior of a circle, the angles formed are the average of the arc an angle and its vertical intercept. In this case, our angle, 73, should be the average of x and 96. We can translate this to an equation and solve:
x + 96 = 146
x = 50