As part of your retirement plan, you want to set up an annuity in which a regular payment of $50,000 is made at the end of each year. you need to determine how much money must be deposited earning 4.5% compounded annually in order to make the annuity payment for 20 years. a. $647,553.08 c. $655,355.12 b. $650,396.82 d. $658,210.10

650396.82$ must be deposited to make the annuity payment of 50000 for 20 years.

Step-by-step explanation:

Given Periodic payments, PMT=50,000$ every year for 20 years.

And deposited amount is compounded annually with 4.5% interest rate.

And interest rate,, where m= number of payments in a year=1 here.

And time period, n=20

The amount deposited is nothing but present value.

Hence PV=

                =

                =$650396.823≈$650396.82

add an image !

step-by-step explanation:

there has been genes found in the x chromosome of males that have been linked to [homo/hetero]sexuality. in addition to the reign of the x chromosome, a section of chromosome 8 has also been link to, "alot of ppl are so " these facts were proven true after a 2014 study of a gay male and his strait brother. according to newscientist.com,"chromosome 14 and is mainly active in the thyroid, but also the brain. called tshr, it makes a type of receptor protein that recognises and binds to a hormone that stimulates the thyroid. in this way, the gene plays an important role in controlling thyroid function. the fact that tshr seems to be involved in sexual orientation fits with evidence that thyroid function seems to be linked to sexuality."

in conclusion, "ppl are so gay" due to their genetics.