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 Monthly Pension 2018-05-28 Kenneth pose la question :Hello: I have a question regarding how the units cancel in the following: A company uses the following calculation to determine the monthly payment for its employees as they retire: 1.1% * average 5 years highest salary * years of service If an employee worked 33 years and his average 5 year salary is \$30,705.17, what is his monthly payment? I used the following to determine his monthly payment, but I am not sure how the units cancel especially the years. 1.1% * \$30,705.17 * 33 years divided by 12 months/year I determined his payment as \$928.83 per month, but the year units do not cancel unless the 1.1% is per year. Is the correct calculation 1.1%/year * \$30,705.17 * 33 years divided by 12 months/year so that the units cancel properly? The \$\\$30,705.17\$ is an average for 5 years of working. It is not \$30,705.17 per year. I thank you for your assistance.Penny Nom lui répond. An investment for 20 months 2015-01-12 rose pose la question :Darnell wants to have 2700\$ to purchase a tv in 20 months. what will he need to deposit today if he earns 5% annual interest compounded monthlyPenny Nom lui répond. Questions of the Month 2007-11-01 Judith pose la question :Where would I find comprehensive questions, that cover the majority of skills in a unit such as number sense, to use as "Questions of the Month"?Victoria West lui répond. Select a month at random 2006-02-24 Josh pose la question :Find the probability that the name of a month of the year,chosen at random, begins with a consonant.Penny Nom lui répond. Monthly rent 2002-09-04 Al pose la question :How do you figure monthly rent if the charge is 11.00 per sq. ft. and there are 1,000 sq. feet? Leeanne Boehm lui répond. Monthly payments 2001-06-12 Anthony pose la question :This question is base on my interest. I would like to know the formula for calculating this example: If you borrow \$10,000 from a bank with an APR of 11.7% to be paid off in 5 years, what is your monthly payment?Penny Nom lui répond. Prime dates 1999-03-25 Jessica Brown pose la question :I'm asking how do you figure out all the prime numbers in a year and, whats the average amount of prime numbers per week.Jack LeSage and Penny Nom lui répond.

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