You plan to work for 40 years and then retire using a 25-year annuity. you want to arrange a retirement income of $3500 per month. you have access to an account that pays an apr of 6.0% compounded monthly. this requires a nest egg of $543,224.02. what monthly deposits are required to achieve the desired monthly yield at retirement?

A =$ 543,224.5

Step-by-step explanation:

Given,

plan to work for = 40 years

P = $3500 per month

APR = 6 % =

n= 12 × 25 = 300

A =$ 543,224.5

so, the deposits are required to achieve the desired monthly yield at retirement A =$ 543,224.5

answer

see attachment

explanation

the given function is

this function has y-intercept at

-4 and a slope of 2.

note that, the graph has a positive slope.

the graph that represents this function is the straight line that moves upward from left to right.

the graph touches the y-axis at -4.

the correct choice is the graph shown in the attachment.

answer: the answer is 30 miles per hour.

ft/s -> mphmph = ft/s 1.466667mph = 44 divided by 1.466667mph = 30.00000

- r3ktforgood ☕