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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 are square roots
How do I create an input-output table with the rule -12
We will look at three types of progressions called Arithmetic, Geometric and Harmonic Progression. Before we start looking at the intricacies of these let us unders
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AFIGURE THIS OUT(3) (14) (17) (20) (25)= 8 WHAT ARE THE PROCEDURES (-)(+)(x)(div) BETWEEN EACH NUMBER TO COME UP WITH 8 ?sk question #Minimum 100 words accepted#
The square of a positive number is 49. What is the number? Let x = the number. The sentence that is , "The square of a positive number is 49," translates to the equation x 2
Below is the sketch of a function f ( x ) . Sketch the graph of the derivative of this function f ′ ( x ) . Solution : At first glance it seems to an all however impossib
Solve 4 sin 2 ( t ) - 3 sin ( t /3)= 1 . Solution Before solving this equation let's solve clearly unrelated equation. 4x 2 - 3x = 1 ⇒ 4x 2 - 3x -1 = ( 4x + 1) ( x
examination questions and answers to the above title.
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