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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.
When 6 boys were admitted & 6 girls left the percentage of boys increased from 60% to 75%. Find the original no. of boys and girls in the class. Ans: Let the no. of Boys be x
The production manager of Koulder Refrigerators must decide how many refrigerators to produce in each of the next four months to meet demand at the lowest overall cost. There is a
understandin rates and unitrates
F(x)=2x+3
Proof of Sum/Difference of Two Functions : (f(x) + g(x))′ = f ′(x) + g ′(x) It is easy adequate to prove by using the definition of the derivative. We will start wi
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For a population with a mean of μ=70 and a standard deviation of o=20, how much error, on average, would you expect between the sample mean (M) and the population mean for each of
cos inver
mean absolue deviation
find any integer from 1-128 on a logarithmic scale
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