20 divided by 12 equals 1.66666 continuous. Rounding on the dollar would be $1.67.
Answer:
Annual withdraw= $57,583.68
Step-by-step explanation:
Giving the following information:
Present Value (PV)= $555,000
Interest rate (i)= 0.0825
Number of periods (n)= 20
<u>To calculate the annual withdrawals, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (555,000*0.0825) / [1 - (1.0825^-20)]
Annual withdraw= $57,583.68
Answer:
Percentages: Price before and after sales tax
Step-by-step explanation:
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21g=84
g=84/21
g=4
The answer is B