Andy would like to withdraw an annual salary of $45,000 from an account paying 3.1% compounded annually for 25 years once she retires. Given this information, determine the amount needed in her account in order for her to reach her goal. Round to the nearest cent.
a.
$9,386,168.48
b.
$14,516.13
c.
$798,954.46
d.
$774,931.58

step-by-step explanation:

we are given

since, we have to isolate x on anyone side

so, we can move all x terms on one side

subtract both sides by 2x

add both sides by 9

divide both sides by 4

we get

a orange at the grocery store idk what other product that could be

if you would like with a question it is easy to get an answer by including some or multi choice options

step-by-step explanation: