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Two people, Ella and Jane, decide to start saving for retirement. Ella decides to invest $4000 a year into an annuity at the age of 25. At the age of 35 she stops making investments and just leaves the money there. Jane on the other hand, decides to start investing $4000 a year at the age of 40 and invests that money for every year thereafter. Assuming both retire at 70, and that the interest rate both get on their investments is 10% (compounded annually) who has the most money in their account at age 70? Explain why you pick the answer you pick.
Which of the following is likely to have the shortest set up delay?
find the equation of the rectangular hyperbola.find the equation of the rectangular hyperbola which has its center at 2
Graph the linear equation for the indicated values of the independent variable.Show this on a Graph as well as the formula
A ski jump is design to follow the path given by the equations: x=3.5t^2 and y=20.0+0.120t^4 - 3.00 sqrt(t^4+1) (0 less than or equal to (t) less than or equal to 4.00 s) ( x and y in m, t in s). Find the velocity and acceleration of a skier when ..
A vector can be used to represent the path of a drill tip used to bore a deep mine shaft in Sudbury one quarter of the way to the centre of the Earth. Represent the vector using a directed line segment and Cartesian co-ordinates and describe which..
A pool measuring 8 meters by 22 meter is surrounded by a path of uniform width. If the area of the pool and the path combined is 392 square meters, what is thw width of the path.
The width of the border of stones is 2 feet longer than the width of the court. The length of the border is twice the width of the court. Determine the expression to calculate the area of the stones.
Determine Probability Distribution, In a certain carnival game a player pays $1 and then tosses a fair coin until either a "head" occurs or he has tossed the coin four times.
Show your results numerically and graphically. What can you conclude about the affect of the rate of return on your retirement plans ?
a plane flies 490 miles with the wind and 310 miles against the wind in the same length of time. If the average velocity of the wind is 27 mph, what is the average velocity of the plane in still air?
The mix is to sell for $3.30 per pound. How many pounds of peanuts and how many pounds of cashews should be used to make 100 pounds of the mix?
A ball of radius 11 has a round hole of radius 7 drilled through its center. Find the volume of the resulting solid.
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