The amortization formua I'm familiar with assumes payments are made at the end of the period, so we'll use it for the part after the first payment has already been made.
.. A = 4,000
.. P = 500,000 -4000 = 496,000
.. i = 0.06
.. n = 12
.. t = to be determined
And the formula is
.. A = Pi/(n(1 -(1 +i/n)^(-nt))) . . . . . amortization formula with payments at the end of the period
.. 1 -(1 +i/n)^(-nt) = Pi/(An) . . . . . . rearrange to get "t" factor in numerator
.. 1 -Pi/(An) = (1 +i/n)^(-nt) . . . . . . get "t" factor by itself
.. log(1 -Pi/(An)) = -nt*log(1 +i/n) . . . . use logarithms to make the exponential equation into a linear equation
.. log(1 -Pi/(An))/(-n*log(1 +i/n)) = t . . . . divide by the coefficient of t
.. t = 16.1667 . . . . . years (after the first monthly withdrawal)
The plan will support withdrawals for 16 years and 3 months (195 payments).
Answer:
what should we turn it into can u tell the question properly please
Answer:
Alex
Step-by-step explanation:
Representing the position of each person with respect to sea level :
Jack = surface of the ocean = 0 m
Max = Deck of a ship = elevation is above sea level = positive distance or elevation
Alex = Searching for sea life = below ocean surface = negative distance or elevation
Given an elevation of - 5m, then the person who could be at this elevation is Alex
Given a Venn diagram showing the number of students that like blue uniform only as 32, the number of students that like gold uniform only as 25, the number of students that like blue and gold uniforms as 12 and the number of students that like neither blue nor gold uniform as 6.
Thus, the total number of students interviewed is 75.
Recall that relative frequency of an event is the outcome of the event divided by the total possible outcome of the experiment.
From the relative frequency table, a represent the relative frequency of the students that like gold but not blue.
From the Venn, diagram, the number of students that like gold uniform only as 25, thus the relative frequency of the students that like gold but not blue is given by

Therefore,
a = 33% to the nearest percent.
Similarly, from the relative frequency table, b represent the relative frequency of the students that like blue but not gold.
From
the Venn, diagram, the number of students that like blue uniform only
as 32, thus the relative frequency of the students that like gold but
not blue is given by

Therefore,
b = 43% to the nearest percent.