Ken has just retired. His Roth IRA has a present value of $524,856.00 and has an interest rate of 3.4%, compounded annually. In addition, he receives a yearly pension of $32,615.12. Given that Ken plans to draw from his Roth IRA for the next fifteen years, find his total annual income. a.
$86,483.17
b.
$77,862.30
c.
$50,503.76
d.
$49,915.55

(b) suppose that consolidated power decides to use a level of significance of α = .05, and suppose a random sample of 100 temperature readings is obtained. if the sample mean of the 100 temperature readings is x⎯⎯ = 60.990, test h0 versus ha and determine whether the power plant should be shut down and the cooling system repaired. perform the hypothesis test by using a critical value and a p-value. assume σ = 5. (round your z to 2 decimal places and p-value to 4 decimal places.)