8. loren already knows that he will have $500,000 when he retires. if he sets up a payout
annuity for 30 years in an account paying 10% interest, how much could the annuity provide
each month?

Annuity for 30 years per month =  $22846  

Step-by-step explanation:

The Principal  = $500,000

The interest rate at 10%

The time period =30 years

So,

Or,

Or, Amount = $8724701.134

So, Compound Interest = A - P

Or,  CI =  $8724701.134 - $500,000 = $8224701.13

∴ Annuity for 30 years per month = =    $22846  Answer

the answer to the question is a  

it has the same slope and the same y-intercept.

answer: your gay

step-by-step explanation:

you dont know math