Caitlin invested in a lifetime annuity that begins payments at age 65. Her life
expectancy is 88. Caitlin invested $1 no 900 in the annuity, which earns 4.1%
APR, compounded monthly. With this annu ty, what is Caitlin's monthly
payment amount!

an

y = 6x -3y -12

y +3y +12 = 6x

=> . x = { 2y / 3 +2 } this is equation of line in terms of x

=> . if line meets the x-axis the co-ordinates of meeting point would be ( x , 0 )

=> . x = 2 ( 0 ) / 3 + 2

=> . x = 2

so, the point is ( 2 , 0 )

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!

13.46

step-by-step explanation:

16.80 x .20 = 13.46

$25 becasue a 10 increase would make it from 80 to 50