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Derek established his own retirement account ten years ago. He has discovered that he can obtain a better rate for the next 10 years at 12% interest compounded semiannually. Consequently, Derek established a new ordinary annuity account (beginning amount $0.00) and he will contribute $7,000.00 semiannually into the account for the next 10 years. What will be the value of this account at the end of the 10 year period?
$244,707.61 $83,652.59 $264,501.86 $257,502.00
none of the above
To accomplish this reduction, management decides that the new bar should have the same 3-cm thickness, but the length and width of each should be reduced an equal number of centimeters. What should be the dimensions of the new candy bar?
If the compant plans to increase monthly advertising expenditures at the rate of 1.5 thousand dollars per month, how fast will sales rise?
Write the equation of a rational function that has a vertical asymptote at 3, a horizontal asymptote at 2, a zero of the function at -1 and a y-intercept at-6.
a grocer mixes together four pounds of peanuts costing $2 per pound with two pounds of walnuts costing $5 per pound. what should the price per pound of this mixture be?
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If you deposit $2000 into a fund paying 18% interest compounded monthly, how much can you withdraw at the end of each month for one year.
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two cars leave a city and head the same direction. after 6 hours, the faster car is 48 miles ahead of the slower car. the slower car has traveled 252 miled. find the speeds of the two cars.
A water storage tank has the shape of a cylinder with diameter 22 ft. It is mounted so that the circular cross-sections are vertical. If the depth of the water is 20 ft, what percentage of the total capacity is being used? (Round the answer to one..
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