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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.
A Pythagorean triple is a set of positive integers (a,b,c) like a2 + b2 = c2. Write a function "ispythag" that will receive 3 positive integers (a, b, c in that order) and will r
Metallic spheres of radii 6 centimetre, 8 centimetre and 10 centimetres respectively are melted to form a single solid sphere. Find the radius of the resulting sphere.
Explain Combining Negative Signs in integers? You've learned about positive and negative integers. BASICS : When you place a negative sign in front of an integer, you get
This time we are going to take a look at an application of second order differential equations. It's now time take a look at mechanical vibrations. In exactly we are going to look
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Define Markov chain Random processes with Markov property which takes separate values, whether t is discrete or continuous, are known as Markov chains.
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