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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.
Write the doubles fact you used to solve the problem. 7 + 8 = 15
what is equizilent to 2/5
the length of three pieces of ropes are 140cm,150cm and 200cm.what is the greatest possible length to measure the given pieces of a rope?
tens digit of a 2-digit number is twice its unit digit. If the sum of the digit is 12, find the number.
Find the sum of (1 - 1/n ) + (1 - 2/n ) + (1 - 3/n ) ....... upto n terms. Ans: (1 - 1/n ) + (1 - 2/n ) - upto n terms ⇒[1+1+.......+n terms] - [ 1/n + 2/n +....+
Consider the temperature distribution in a 1D flat plate, insulated at x = L and exposed to convective heat transfer at x = 0. On the axes below, sketch what the distribution looks
Power rule: d(x n )/dx = nx n-1 There are really three proofs which we can provide here and we are going to suffer all three here therefore you can notice all of them. T
By pigeonhole principle, show that if any five numbers from 1 to 8 are chosen, then two of them will add upto 9. Answer: Let make four groups of two numbers from 1 to 8 like
Relative maximum point The above graph of the function slopes upwards to the right between points C and A and thus has a positive slope among these two points. The function ha
Suppose a Ferris wheel with radius of 12 meters is rotating at a rate of 2 rotations per minute. a. How fast is a person rising when the person is 3 meters above the horizontal lin
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