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1. What is the present value of a security that will pay $15,000 in 15 years if securities of equal risk pay 8.9% annually? Round your answer to the nearest cent.
475,858.20
2. Your parents will retire in 15 years. They currently have $270,000, and they think they will need $1 million at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places.
3. If you deposit money today in an account that pays 7.7% annual interest, how long will it take to double your money? Round your answer to the nearest whole.
WHAT IS PRECALC
Mr. Pelicas took his family out to dinner. The bill was $65.00. He would such as to leave a 20% tip. How much should he leave? Find 20% by multiplying $65 through the decimal e
finding the vertex for the function of the form f(x)=ax^2+bx+c
what is the minimum money of an assignments?
Determine the ratio in which the line 2x + y -4 = 0 divide the line segment joining the points A (2,-2) and B (3, 7).Also find the coordinates of the point of division. [Ans:2 :
find regular grammar for the following regular expression: a(a+b)*(ab* +ba*)b
One of the well-known class of models that involve a simple difference equation are models of mean reversion. These models typically take the form yt+1 - yt = -a(yt - μ)where 0
Unit Vector and Zero Vectors Unit Vector Any vector along with magnitude of 1, that is || u → || = 1, is called a unit vector. Zero Vectors The vector w → = (
9*9
Example Find the Highest Common Factor of 54, 72 and 150. First we consider 54 and 72. The HCF for these two quantities is calculated as follows:
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