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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.
Recently I had an insight regarding the difference between squares of sequential whole numbers and the sum of those two whole numbers. I quickly realized the following: x + (x+1)
The larger of two supplementary angles exceeds the smaller by 180, find them. (Ans:990,810) Ans: x + y = 180 0 x - y = 18 0 -----------------
1. Sketch the Spiral of Archimedes: r= aθ (a>0) ? 2: Sketch the hyperbolic Spiral: rθ = a (a>0) ? 3: Sketch the equiangular spiral: r=ae θ (a>0) ?
Geometric mean - It is a measure of central tendency normally utilized to measure industrial increases rates. - It is explained as the nth root of the product of 'n' observa
1) At a midway game at the state fair, the probability of winning an individual game is advertised to be 30% ( p = . 3). Suppose 50 people played the game (assume all 50 outcomes
If the p th term of an AP is q and the q th term is p. P.T its n th term is (p+q-n). Ans: APQ a p = q a q = p a n = ? a + (p-1) d = q a + (q-1) d = p
The government is auctioning off oil leases at two sites. At each site, 100,000 acres of land are to be auctioned. Cliff Ewing, Blake Barnes and Alexis Pickens are bidding for the
arrange these numbers in ascending order. -5 -7 1 2 15 0 - 25
us consider the following mass-spring-damper system: md2xdt2+cdxdt+kx=0 with m=5 kg as the mass of the body, k=1.6N/m as the spring constant and two different values of c.
y(x) = x -3/2 is a solution to 4x 2 y′′ + 12xy′ + 3y = 0 , y (4) = 1/8 , and y'(4) = -3/64 Solution : As we noticed in previous illustration the function is a solution an
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