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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.
Formulas for the volume of this solid V = ∫ b a A ( x) dx V = ∫ d c A ( y ) dy where, A ( x ) & A ( y ) is the cross-sectional area of the solid. There are seve
Find the greatest number of 6 digits exactly divisible by 24, 15 and 36. (Ans:999720) Ans: LCM of 24, 15, 36 LCM = 3 × 2 × 2 × 2 × 3 × 5 = 360 Now, the greatest six digit
Q. What is Stem-and-Leaf Plots? Ans. A stem-and-leaf plot is a table that provides a quick way to arrange a set of data and view its shape, or distribution. Each data val
The radius of the in circle of a triangle is 4cm and the segments into which one side is divided by the point of contact are 6cm and 8cm. Determine the other two sides of the tria
If an instrument has precision of +-1, can it detect a value of 1.3?
examples of types of demand
Solve the subsequent IVP and find the interval of validity for the solution xyy' + 4x 2 + y 2 = 0, y(2) = -7, x > 0 Solution: Let's first divide on both
Brian is a real estate agent. He forms a 2.5% commission on each sale. During the month of June he sold three houses. The houses sold for $153,000, $299,000, and $121,000. What was
The two sides of a triangle are 17 cm and 28 cm long, and the length of the median drawn to the third side is equal to 19.5 cm. Find the distance from an endpoint of this median to
Write a proff given angle MJL congruent with angle KJL
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