Solve the application problem. Round to the nearest cent.
Charles wants to retire in 17 years. At that time he wants to be able to withdraw $22,000 at the end of each year for 16 years. Assume that money can be deposited at 10% per year compounded annually. What exact amount will Charles need in 17 years?
A. $267,878.38
B. $167,333.76
C. $176,474.10
D. $172,121.62
Answer: D
Mathematics
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Rewrite the expression as a sum or difference of logarithms or multiples of logarithms.log11
A. log11(13) - 2 log11(y) - log11(x)
B. 5 log11(13) - 2 log11(y) - log11(5)
C. log11(13) - log11(y) - log11(x)
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= -2
+
= 0
A.
B. {(-7, 7)}
C.
D.
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Mathematics