subject
Mathematics, 07.05.2020 06:06 anrs14

You have sold your home and would like to travel the European country side. While you are out of the country, you would like the profit that you made on the sale of your home to gain interest while you are away in Europe. You made a profit of $25,000 on the sale of your home, and you invest this amount into an account paying 7.8% interest compounded annually. If you are to withdraw from the account over a 5 year period, such that by the end of the five year period there is zero dollars in the account, how much annually will you be able to withdraw from the account?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 22:10
Gravel is being dumped from a conveyor belt at a rate of 25 ft3/min, and its coarseness is such that it forms a pile in the shape of a cone whose base diameter and height are always equal. how fast is the height of the pile increasing when the pile is 14 ft high? (round your answer to two decimal places.) ft/min
Answers: 3
question
Mathematics, 22.06.2019 02:30
Atrain traveled for 1.5 hours to the first station, stopped for 30 minutes, then traveled for 4 hours to the final station where it stopped for 1 hour. the total distance traveled is a function of time. which graph most accurately represents this scenario? a graph is shown with the x-axis labeled time (in hours) and the y-axis labeled total distance (in miles). the line begins at the origin and moves upward for 1.5 hours. the line then continues upward at a slow rate until 2 hours. from 2 to 6 hours, the line continues quickly upward. from 6 to 7 hours, it moves downward until it touches the x-axis a graph is shown with the axis labeled time (in hours) and the y axis labeled total distance (in miles). a line is shown beginning at the origin. the line moves upward until 1.5 hours, then is a horizontal line until 2 hours. the line moves quickly upward again until 6 hours, and then is horizontal until 7 hours a graph is shown with the axis labeled time (in hours) and the y-axis labeled total distance (in miles). the line begins at the y-axis where y equals 125. it is horizontal until 1.5 hours, then moves downward until 2 hours where it touches the x-axis. the line moves upward until 6 hours and then moves downward until 7 hours where it touches the x-axis a graph is shown with the axis labeled time (in hours) and the y-axis labeled total distance (in miles). the line begins at y equals 125 and is horizontal for 1.5 hours. the line moves downward until 2 hours, then back up until 5.5 hours. the line is horizontal from 5.5 to 7 hours
Answers: 1
question
Mathematics, 22.06.2019 04:30
Find the scale factor and ratio of perimeters for a pair of similar trapezoids with areas 49 cm squared and 36 cm squared.
Answers: 2
question
Mathematics, 22.06.2019 04:30
How do you figure out which order to do two step equations in? like which thing do you subtract/add/multiply/divide first? i understand that you do the opposite of whatever's shown on the opposite side, but when?
Answers: 2
You know the right answer?
You have sold your home and would like to travel the European country side. While you are out of the...
Questions
question
Mathematics, 14.07.2020 02:01
question
World Languages, 14.07.2020 02:01
question
Mathematics, 14.07.2020 02:01