A machine is now worth \( \$ 142,200 \) and will be depreciated linearly over a 8 -year period, at which time it will be worth \( \$ 48,680 \) as scrap. (a) Find the rule of depreciation function f . (b) What is the domain of f ? (c) What will the machine be worth in 6 years? (a) Find the rule of depreciation function f . \( \mathrm{f}(\mathrm{x})=\square \) (Do not include the \( \$ \) symbol in your answer.) (b) What is the domain of f ? \( \square \) (Type your answer in interval notation.) (c) What will the machine be worth in 6 years? \( \$ \square \)

Suppose you want to have \( \$ 700,000 \) for retirement in 25 years. Your account earns \( 4 \% \) interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn?

"In addition, she said banks operating in Africa need to have a more end-to-end approach to risk management, considering bankability at all stages." As a followe up to Question 1 above and in addition to the solutions recommended in the anticle, recornmend how Southern African financial institutions can improve their risk management strategy.

How much would you need to deposit in an account now in order to have \( \$ 3000 \) in the account in 15 years? Assume the account earns \( 5 \% \) interest compounded monthly.

Phil is shopping for an annuity that guarantees he CANNOT outlive the benefits. Which of these benefit options would he choose?Accelerated lifetime benefitGuaranteed lifetime withdrawal benefitRight of income riderGuaranteed minimum accumulation benefit

You deposit \( \$ 1000 \) each year into an account earning \( 7 \% \) interest compounded annually. How much will you have in the account in 35 years?