Answer:
160 (not sure)
Step-by-step explanation:
400 / 2.5 = 160
160x1 = 160
Answer:
your answer is c l hipe this helps u
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:
0.02841 and 3.953
Step-by-step explanation:
