You want to be able to withdraw $25,000 each year for 30 years. Your account earns 8% interest. a) How much do you need in your account at the beginning? b) How much total money will you pull out of the account?

Atown recently dismissed 5 employees in order to meet their new budget reductions. the town had 5 employees over 50 years of age and 19 under 50. if the dismissed employees were selected at random, what is the probability that exactly 2 employees were over 50? express your answer as a fraction or a decimal number rounded to four decimal places.