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

answer:   n ≤ -3 or n < -5

step-by-step explanation:

-5 + 2n ≥ -11

+5             +5

2n ≥ -6

2/2 ≤ -6/2

n ≤ -3

-6 - 10n > 44

+6           +6

-10n > 50

-10/-10 50/-10

n < -5

17   x 256=4352

sorry if this is wrong, i'm new.

step-by-step explanation: