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You plan to retire when you are 65th years old. You are now 25 years old. You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 65 and continuing until you celebrate your 80th birthday. The pension plan requires you make equal quarterly contributions starting one quarter after your 25th birthday and until you have reached your 65th birthday. If the interest rate assumed throughout this plan is 4% per year, what is the quarterly contribution (or policy premium)?
ANSWER: Quarterly premium _____________
the value of y for which x=-1.5
how do you learn about equivelant fractions
We know that a factor is a quantity which divides the given quantity without leaving any remainder. Similar to LCM above we can find a highest common factor (HCF)
subtract 20and 10,and then mutiply by 5
a garden is constructed with a 3ft patio all around how would you give the expression for the area of the garden, excluding the patio
Evaluate: 30 - 12÷3×2 =
how do i solve reflection matrix just looking at the numbers in a matrix
If the minute hand of a big clock is 1.05 m long, find the rate at which its tip is moving in cm per minute.
In this section we will be searching how to utilize Laplace transforms to solve differential equations. There are various types of transforms out there into the world. Laplace tran
Initial Condition(s) are a set of conditions, or a condition on the solution which will permit us to find out that solution which we are after. Initial conditions are frequently a
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