David has a bank account which pays interest at the rate of 1.5% per year, compounded annually. Determine what amount David

must have in the bank, given that he would like to draw an annual salary of $32,635.15 from his account at the end of each year

for 30 years. Round to the nearest cent.

the amount that David must have in the bank is $783243.6

Step-by-step explanation:

We would apply the formula for determining present annuity. It is expressed as

PV = R[1 - (1 + r)^- n]r

Where

PV represents the present value of the investment.

R represents the regular payments made(could be weekly, monthly)

r = represents interest rate/number of interval payments.

n represents the total number of payments made.

From the information given,

r = 1.5/100 = 0.015

n = 30 years

R = $32,635.15

Therefore,

PV = 32635.15[1 - (1 + 0.015)^- 30]/0.015

PV = 32635.15[1 - (1.015)^- 30]/0.015

PV = 32635.15[1 - 0.64]/0.015

PV = 32635.15[0.36]/0.015

PV = 32635.15 × 24

PV = $783243.6

the data of the detroit pistons in numerical order from least to greatest is 0.30, 0.37, 0.55, 0.62, 0.69, 0.72, 0.73, 0.75, 0.77, 0.78, 0.80, 0.81, 0.81, 0.83, 0.84, 0.89

the data of the miami heat in numerical order from least to greatest is 0.50, 0.50, 0.56, 0.57, 0.67, 0.72, 0.72, 0.72, 0.75, 0.75, 0.76, 0.81, 0.82, 0.90, 1.00, 1.00

the detroit pistons median : 1.52

the miami heat median: 1.47

the iqr of this data is 0.05

c: y > - 1/6x + 1

step-by-step explanation:

dashed line - meaning this < or > also not equal

solid line - meaning this < or > also equal

your answer is c because y > means up & it's shaded up, but y < means down

hope this ! : )