XX:
(XX,XXX)(X.09)y= 17,000y
y = XX.5
Hence it will take us XXXXXXXXXXXXX10.X years, or 10 years and 6 months, XX exhaust our funds.
c) XX XXXX XXXXX XXXXXXXX XX earn X percent XXXXXXXX XXX XXXX XXXX expectancy XX XX XXXXX, what XX XXX maximum you XXX XXXXXXXX XXXX XXXX?
Taking XXXX XXXX equation
(60,XXX)(1.09)y= 17,000y
But swapping y with "XX" and now solving for the place of $17,000:
(60,000)(X.XX^XX) = XXX
x = XXX XXX.XXX / XX =$ XX,723.73 XXX XXXX
I hope that you XXXXX this XXXXXX useful towards XXXX studies. XX XXXX a XXXXXXXXXXXX amount XX thought, time, XXX XXXXXX XX XXXXXXX, XXX XXX I'XXXXXXXXXX appreciate a XXXXXXXXX rating! XX XXXXX XXXXXX make my XXX! :)