The rule of the payout annuity is
P is the initial amount
d is regular withdrawals
r is the annual rate in decimal
n is the number of periods in a year
t is the time
Since you have $500 000 saved, then
P = 500000
Since the interest is 8%, then
r = 8/100 = 0.08
Since the time is 15 years, then
t = 15
Since you want the monthly amount, then
n = 12
Substitute them in the rule to find d
Then you will be able to pull $4778.260422 each month
2 5/6, 2 6/8 1 7/12 is the way you would order it.
Answer:
5/8
explanation:
5/4(2)=10/8-5/8
Answer:
y=3x+4
Step-by-step explanation:
y=mx+b is the equation you can use. Put the slope where m is and the y intercept where b is
Answer:
-24 + 16c
Step-by-step explanation:
There are a couple things we need to know here:
- We need to know how to distribute a negative
- We need to know that we cannot combine 24 and -16c, because we can only combine like terms (we can only combine terms that don't have a c with other terms that don't have a c).
To help distribute a negative, we can first write the problem like this:
-1 * (24 - 16c)
So all we're doing is multiplying -1 by 24 and by -16c, which will get us:
-24 + 16c, which is the answer.
