Answer:
Lisa invest "$2180.81" in her bank.
Step-by-step explanation:
The given values are:
On Lisa's 62nd birthday,
she withdraw = $10,000
The annuity of $A will remain at 3 percent for 40 years. The retirement pension of $10000 lasts 23 years at rate percentage of 3 but begins 40 years later.
⇒ 
⇒ 
⇒ 
⇒ 
⇒
($)
A = P + SI
A-P = SI
5425-5000 = 425
THEREFORE THE SIMPLE INTRESTE IS $425
SI = PTR/100
425 = 5000×1×R/100
425×100/5000×1=R
425×100÷5,000×1 = 8.5%
THEREFORE THE RATE IS 8.5%
Answer:
90 percent
Step-by-step explanation:
15 divided by 4 so 3.75 i rounded it and i got 4