$ 7 dollar reduction....that means new price is (32 - 7) = 25
percent decrease = (original number - new number) / original number..* 100
(32 - 25) / 25....* 100
7/25 * 100
0.28 * 100
28% decrease <==
Answer:
The center three.
Step-by-step explanation:
Rectangular prisms have three measurements of length, width, and height.
If Lamont withdraws $2,750 monthly, he will be <u>66 years old</u> (after 134.326 months) when the money runs out.
<h3>How is the number of monthly withdrawals calculated?</h3>
We can calculate the number of monthly withdrawals using an online finance calculator.
It determines the number of periods it will take for the investment to be exhausted, given an interest rate of 3.8%.
I/Y (Interest per year) = 3.8%
PV (Present Value) = $300,500
PMT (Periodic Payment) = $-2750
FV (Future Value) = $0
<u>Results</u>:
N = 134.326 months
Years = 11 years (134.326/12)
Age at FV = $0 is 66 years (55 + 11)
Sum of all periodic payments = $-369,397.09 (134.326 x $-2,750)
Total Interest = $68,897.09
Thus, making a monthly withdrawal of $2,750 will exhaust the investment when Lamont turns <u>66</u>.
Learn more about periodic withdrawals and payments at brainly.com/question/13031679
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Answer:
or ≈6.59
Step-by-step explanation:
We can first begin by simplifying each of the numbers with exponents. Recall that in a fraction exponent, the numerator is the power, while the denominator is the root.
Take
for example. The '2' in the fraction means we must take the square of 25. √25 = 5.
The '3' in the fraction means we take the power, which means we must cube '5'.
5³ = 125. Therefore,
= 125. Use this process for the other numbers:
The new fraction would look like:
Which simplifies to:
or ≈6.59