Answer:
Monthly payment is $5970
Step-by-step explanation:
Given : April invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 89. April invested a $1,000,000 into the annuity, which earns 4.4% APR compounded monthly.
To find : what is April's monthly payment amount?
Solution :
Formula of monthly payment
Monthly payment, 
Discount factor 
Where, Amount = $1,000,000
Rate r= 4.4%=0.044 compounded monthly
Time = 89-65=23 years
Now, put all the values we get,
Monthly payment,
Approximately,monthly payment is $5970
How are we supposed to graph this, it's easy the first number in the parenthesis is where it is on the x-axis, the second number in there is where it is at on the y-axis, that should help you so you can graph it yourself.
For numbers 9 and 10, we are dealing with negative exponents.
The rule of exponents states that any quantity b, taken to the power -n, equals the reciprocal of b, taken to the nth power.
Example: x⁻³ = 1 / x³
Number 9: ( 3 / y² ) ⁻³
Step 1: take the reciprocal:
( 3 / y² ) ⁻³ = ( y² / 3 ) ³
Step 2: distribute the exponent
( y² / 3 ) ³ = y⁶ / 27
Try to do number 10 on your own. If you have any questions, comment.
Step-by-step explanation:
B) the sum of 3 times a number and 4
Hope it's helpful to you
C, or the last photo, shows a reflection.
