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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.
Two trains leave the same city at the same time, one going east and the other going west. If one train is traveling at 65 mph and the other at 72 mph, how many hours will it take f
how can we plot y=2x-1
in the horizontal bar event the u.s.a scored 28.636,gremany scroed 28.7,romnia scored 27.962,and chain scored 28.537 points.which list shows these scored in descending order
4 7 9 6
Find out if the following series is convergent or divergent. Solution There really is not very much to these problems another than calculating the limit and then usin
When three quantities are in A.P., then the middle one is said to be the arithmetic mean of the other two. That is, if a, b and c are in A.P., then b is th
If angle between asymtotes of hyperbola x^2/a^2-y^2/b^=1 is 120 degrees and product of perpendicular drawn from foci upon its any tangent is 9. Then find the locus of point of inte
Comparison Test or Limit Comparison Test In the preceding section we saw how to relate a series to an improper integral to find out the convergence of a series. When the inte
If we "break up" the root into the total of two pieces clearly we get different answers. Simplified radical form: We will simplify radicals shortly so we have to next
I need marketing management sample assignment as a guide
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