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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.
0+50x1-60-60x0+10
Suppose a unit circle, and any arc S on the unit circle in the first quadrant. No matter where S is provided, the area between S and the x-axis plus the covered area between S and
how do you no wich row or columms dominate other rows or columms in a payoff
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At rest, the human heart beats once every second. At the strongest part of the beat, a person's blood pressure peaks at 120mmHg. At the most relaxed part of the beat, a person's bl
Sin3x ? Solution) THE FORMULA IS RIGHT ,SO sin3x=3sinx-4sin 3 x
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1) A local factory makes sheets of plywood. Records are kept on the number of mild defects that occur on each sheet. Letting the random variable x represent the number of mild de
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Discontinuous Integrand- Integration Techniques Here now we need to look at the second type of improper integrals that we will be looking at in this section. These are integr
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