Mathematics College

Miguel already knows that he will have $550,000 when he retires. If he sets up a payout annuity for 22 years in an account paying 4% interest, how much could the annuity provide each month? Round your answer to the nearest dollar.

Answers

Answer 1

Answer:

Monthly withdraw= $3,124.19

Step-by-step explanation:

Giving the following information:

Present Value (PV)= $550,000

Number of periods (n)= 22*12= 264 months

Interest rate (i)= 0.04/12= 0.0033

To calculate the monthly withdrawal, we need to use the following formula:

Monthly withdraw= (PV*i) / [1 - (1+i)^(-n)]

Monthly withdraw=  (550,000*0.0033) / [1 - (1.0033^-264)]

Monthly withdraw= $3,124.19

Related Questions

(X+15)+(x+5)+(x+15)+(X+5)

Answers

Answer:

4 + 4 0

Step-by-step explanation:

Simplify

1

Eliminate redundant parentheses

( + 1 5 ) + ( + 5 ) + ( + 1 5 ) + ( + 5 )

2

Add the numbers

3

Combine like terms

Solution

4 + 4 0

If an item has a sale price of 60$ after it has been discontinued 20%, what was the original price ?

Answers

Answer:

The original price would be $75

Step-by-step explanation:

I just used a calculator

The area is about? SOMONE HELP I’m so confused please please help

Answers

A= πr2

= 22/7×14×14

=616 mm2

neeeddd help brainliest to first answer pleeeaaaase

Answers

Answer:

13 units

Step-by-step explanation:

a²+b²=c²

12x12+ 5x5 = c²

144+25 = c²

169=c²

c=sq root 169 = 13

Answer:

13

Step-by-step explanation:

pls help asap
AABC ~ ADEF B. Х 8 А 'C E 3 6. D ' x = [?] Enter​

Answers

Answer:

[tex] \boxed{ \tt{x = 4}}[/tex]

Step-by-step explanation:

[tex] \frac{3}{x} = \frac{6}{8} \\ 6x = 24 \\ x = 4[/tex]

Assume f(x) = ax^2+ bx + c Which one is true? f is a parabola that opens sideways to the right. f is a parabola that opens sideways to the left. f is a parabola that opens downward. f is a parabola that opens upward.​

Answers

Step-by-step explanation:

f is a parabola that opens upward.

what is the digit in the thousandths place in the decimal number 1.2478

Answers

Answer:

7

Step-by-step explanation:

2 - tenths

4 - hundredths

7- thousandths

8 - ten-thousandths

Step-by-step explanation:

digit 7 is in the thousandths place

help me with this please
number
10​

Answers

Answer:

B. Trinomial

Step-by-step explanation:

A trinomial has three terms

The three terms are 2x^2, 3x, -2

Two cars start towards each other from points 200 miles apart. One car travels at 40 miles
per hours and the other travel at 35 miles an hour. How far apart will the two cars be after
four hours of continuous travelling?
(a) 20
(b) 40
(c) 75
(d) 100
​

Answers

Answer:

D) 100

Step-by-step explanation:

Solution: After four hours, one car travels 40 x 4 = 160 km, and the other car travels 35 x 4 = 140 km. Therefore, the two cars are 160 + 140 - 200 = 100 km apart

THANK YOU

ANSWER AND EXPLAIN I’LL MARK BRAINLIEST PLEASE HELP

Answers

Answer:

Im sorry I cant see the link.

Step-by-step explanation:

Answer:

x = 2

y = 1

Step-by-step explanation:

The explain in the above photo

Sorry for the little words, i will rewrite the last two rows in the comment

I hope that is useful for you

Five times the difference of a number and seven is negative fifteen.

The number is ___

Answers

Answer:

Step-by-step explanation:

5*(n - 7) = - 15            Remove the brackets

5n - 35 = - 15

5n = -15 + 35

5n = 20

n = 20/5

n = 4

Answer:

4

Step-by-step explanation:

The number is 4

Elena completed the
hiking trail in 30 minutes. How many calories
did Elena burn?

Answers

Answer:

177

Step-by-step explanation:

She burned 177 calories

Khadija is saving money to buy a game. So far she has saved $8 , which is one-fourth of the total cost of the game. How much does the game cost?

Answers

1/4=8 1/2=16 1/1=32 :)

giving brainliest !! *easy*

Answers

Answer:

25

Step-by-step explanation:

25

double the sum of a number and 3​

Answers

Hey there!

Your answer is 2(n + 3)

"Double" represents multiplying by two. Also, "sum of a number and 3" represents the addition of 3 and a number, so we could put "n + 3". Since we are doubling the sum, it would be "2(n + 3)"

Have a terrificly amazing day! :D

2(x+3)

Explanation:

Sum= +
Twice= multiply
So, you find the sum and multiply it by 2

Find the value of x and y in the diagram below.
30°
X
y
7
= 7V5, y = 14
B. X= 14, y = 2V3
A. =
C. X=
73
-3.y=14.3
D. x= 14./2,8-73
3

Answers

Answer:

Its D

Step-by-step explanation:

a screw labeled 1/4-20 x 5/8 has a length of

Answers

Answer:

Step-by-step explanation:

a screw labeled 1/4-20 x 5/8 has a length of

The perimeter of a square of side 5 cm is 25 cm.
O True
O Falsethe perimeter of a circle ​

Answers

Answer:

false

Step-by-step explanation:

I would assume false as if each of the fours sides of the square are 5 cm, then doing the equation 5×4 (unsing 4 for the each of the congruent sides) would give up 20 cm.

3. A square candy box has sides the
What is the candy box's area?

Answers

Step-by-step explanation:

you need to know something about numbers in order to answer this question

What is the base in the given problem? The 20% of 35 boys in the class which is 7, wear eyeglasses.

Answers

Answer:

the base of the given problem is 7

Step-by-step explanation:

The computation of the base in the given problem is shown below:

Given that

20% of 35 boys in the class wear eyeclasses

So if we solve this

The value would be

= 20% of 35 boys

= 20% × 35

= 7

Hence, the base of the given problem is 7

The same would be considered

• Write an expression showing 17 decreased by m

Answers

Answer:

17 - m

Step-by-step explanation:

because 17 is being decreased

and it is decreased by m

so the correct equation will 17 - m

write the equation below in word.
z=(8-3)+10​

Answers

Answer:

I think of a number z,add 3 to it, then l subtract 8 from it.My answer is 10

Which of these is something you can pay for with the money in a savings account?

Answers

College is the correct answer

What is the MOST specific name for quadrilateral WXYZ?
A)
parallelogram
B)
trapezoid
C)
rectangle
D)
rhombus

Answers

Answer:

c

Step-by-step explanation:

it is just turned

Figure o of a tile pattern has 3 tiles. This pattern grows
by 5 tiles each figure.

Answers

Answer:

Figure 0 = 5 tiles

Figure 1 = 5 + 7 = 12 tiles

So, the equation is:

y = 7x + 5

because, it adds 7 tiles in every new figure.

The equation is y = 7x +5.

Answer is y = 7x +5

If an equilateral triangle has a height of 8 metres find the length of each side. Round your answer to 2 decimal places.

Answers

Answer:

9.24 m to 2 DP's.

Step-by-step explanation:

Consider the right triangle formed from a side , altitude and 1/2 the base.

By pythagoras:

x^2 = 8^2 + (0.5x)^2     where x is the length of each side.

x^2 - 0.25x^2 = 64

0.75x^2 = 64

x^2 = 64/0.75 =  85.3333.

x = 9.2376 m.

Solve for the unknown in the following diagram. Round the answer to two decimal places.
in
​

Answers

Answer:

172.27 in

Step-by-step explanation:

Apply the Sine Rule

Sine Rule is given as:

[tex] \frac{a}{sin(A)} = \frac{b}{sin(B)} = \frac{c}{sin(C)} [/tex]

c = x = ?

C = 180 - (52 + 48) = 80° (sum of triangle)

b = 130 in.

B = 48°

Plug in the values

[tex] \frac{130}{sin(48)} = \frac{x}{sin(80)} [/tex]

Multiply both sides by sin(80)

[tex] \frac{130*sin(80)}{sin(48)} = x [/tex]

172.274641 = x

x = 172.27 in. (to 2 decimal places)

A man purchased a car for Rs.1,50,000. At what price was the car sold, if he suffered
10% loss on it.

Answers

Answer:

135000

Step-by-step explanation:

man purchased it for Rs. 1,50,000

loss is 10 percent

= 10/100×150000

=15000 (loss)

at the price the car sold is

= 150000 -15000

= 135000

Answer! If you are a bot don't even answer the question

Answers

Answer:

(x-30)/(3x-10)

Step-by-step explanation:

[tex] \frac{(x + 3)(x - 30)}{(x + 3)(3x - 10)} = \\ \frac{x - 30}{3x - 10} [/tex]

Find the errors and correct the following mathematical sentences.​

Answers

Answer:

Here is another one solved.

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