subject
Mathematics, 21.02.2020 18:48 youngboymark123

Tracy invested in a lifetime annuity that begins payments at age 65. Her life
expectancy is 87. Tracy invested $800,000 in the annuity, which earns 4.5%
APR, compounded monthly. With this annuity, what is Tracy's monthly
payment amount?
O
A. $4779.09
O
B. $4898.56
a
c. $4500.00
O
D. $5123.89

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:00, travisvb
If f(x)=2x-6 and g(x)=3x+9, find (f-g)(x)
Answers: 2
image
Mathematics, 21.06.2019 17:00, KHaire2077
In a sample of 2023 u. s. adults, 373 said franklin roosevelt was the best president since world war ii. two u. s. adults are selected at random from the population of all u. s. adults without replacement. assuming the sample is representative of all u. s. adults, complete parts (a) through (d). (a) find the probability that both adults say franklin roosevelt was the best president since world war ii. the probability that both adults say franklin roosevelt was the best president since world war ii is (round to three decimal places as needed.) (b) find the probability that neither adult says franklin roosevelt was the best president since world war ii. the probability that neither adult says franklin roosevelt was the best president since world war ii is (round to three decimal places as needed.) (c) find the probability that at least one of the two adults says franklin roosevelt was the best president since world war ii. the probability that at least one of the two adults says franklin roosevelt was the best president since world war ii is (round to three decimal places as needed.) (d) which of the events can be considered unusual? explain. select all that apply. the event in part left parenthesis a right parenthesis is unusual because its probability is less than or equal to 0.05. the event in part (b) is unusual because its probability is less than or equal to 0.05. none of these events are unusual. the event in part (c) is unusual because its probability is less than or equal to 0.05.
Answers: 3
image
Mathematics, 21.06.2019 21:40, janetexcoelho
Many newspapers carry a certain puzzle in which the reader must unscramble letters to form words. how many ways can the letters of emdangl be arranged? identify the correct unscrambling, then determine the probability of getting that result by randomly selecting one arrangement of the given letters.
Answers: 1
image
Mathematics, 22.06.2019 00:30, dozsyerra
Jenny borrowed $500 for five years at 4 percent interest, compounded annually. what is the total amount she will have paid when she pays off the loan? total amount = p (1 + i)t a. $608.33 b. $729.99 c. $765.77 reset next
Answers: 1
You know the right answer?
Tracy invested in a lifetime annuity that begins payments at age 65. Her life
expectancy is 87...

Questions in other subjects: