Answer:
- <em><u>The reduction is 8.6%</u></em>
Explanation:
Call F the full monthly pension of a person retiring at 62.
If a person continues to work the pension grows at a rate of 6% per year, compounded monthly, so use the compounded growing formula:
Where r = 6 / 100 = 0.06, and t = number of years after retirement.
<u>For retirement at 65.5</u>:
<u>For retirement at 67</u>:
<u>Percent reduction of people who retire at 65.5 compared to what they would receive at 67</u>:
Answer:
the answer is 2.9 x 10^0 and 3.2 x 10^-2
Step-by-step explanation:
10^0 is equal to 1 so 2.9 x 10^0 is really 2.9 times 1 which is less than 3
if i could get brainliest answer that would be great!
10^-2 is a exponential that makes a number go down so 3.2 going down is less than 3
Answer:
$6
Step-by-step explanation:
If a fair owner makes $18 for a group of 3 people, then the amount per person is 18 ÷ 3 = 6. The rate is $6.