Find the present value of the decreasing annuity necessary to fund a withdrawal of $100 per month for 20 years, if the annuity earns 3% per year. (Assume end-of-period deposits and compounding at the same intervals as deposits.) Round your answer to the nearest cent.
?
A. $18,147.28
B. $18,031.09
C. $18,003.70
D. $19,127.80
E. $18,218.40
Answer: B
Mathematics
You might also like to view...
Use the given transformation to evaluate the integral.
Rwhere R is the interior of the ellipsoid 
A. 
?
B. 
?
C. 
?
D. 
?
Mathematics
Solve the equation.x4 - 10x2 + 24 = 0
A. {-2, 2, -i
, i
}
B. {2, 
}
C. {-2, 2, -
, 
}
D. {4, 6}
Mathematics
Write an equation for the parabola.vertex (5, -6), focus (5, 0)
A. 24(y - 6) = (x + 5)2 B. (x - 5)2 = 24(y + 6) C. (y + 6)2 = 24(x - 5) D. y - 6 = 24(x + 5)2
Mathematics
Answer the question.Consider the numbers -14, -
, -108, 
, -
, 5.
. Which are rational numbers?
A. -14, -108, 
, -
, 5.
B. -14, -108, 
,
C. -14, -108
D. -
, 5.
Mathematics