Answer:
17/3 = 5 2/3
Step-by-step explanation:
3 goes into 17 5 times, the remaining numbers are 2.
Step-by-step explanation:
5×6'3n=20
30'3n=20
3n=20-30
3n/3= -10/3
n= -3
Answer:
Step-by-step explanation:
y+5 = ¾(x+4)
PV = P(1 - (1 + r)^-n) / r; where P is the periodic withdrawal = $100,000; r = rate = 5% = 0.05; n = number of periods = 20 years.
PV = 100000(1 - (1 + 0.05)^-20) / 0.05 = 100000(1 - 1.05^-20) / 0.05 = 100000(1 - 0.3769) / 0.05 = 100000(0.6231) / 0.05 = 100000(12.4622) = 1,246,221 ≈ $1,250,000
