A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals the interest rate she earns on her $459,000 of savings, how much can she spend in real terms each year over the rest of her life?

Given Information:

Time period = n = 30 Years

Amount = P = $459,000  

Inflation rate = interest rate

Required Information:

Spending per year = ?

She can spend $15,300 per year

Step-by-step explanation:

Lets assume that interest rate is x

Real rate = Interest rate - inflation rate

since it is given that Inflation rate = interest rate

Real rate = x - x

Real rate = 0

Therefore, the retiree can spend

$459,000/30 = $15,300 per year

last option

step-by-step explanation:

given that δdef is right and isoceles,

assuming that side df is the hypotenuse means that de an ef are the other 2 sides that intersect at 90° and are of equal length.

because they are of equal length, we can say that they are congruent

because they intersect at 90°, their slopes must be opposite reciprocals.

only the last option satisfies these conditions.

answer: im sorry i dont get it

step-by-step explanation: