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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.
265 divided by 7
What is the largest number (in decimal) that can be made with 6 bits?
"Standard" trig equation: Now we need to move into a distinct type of trig equation. All of the trig equations solved to this point were, in some way, more or less the "standard"
The population of the village is 5000. If in a year, the number of males were to increase by 5% and that of a female by 3% annually, the population would grow to 5202 at the end o
275/41
TYPES OF INFINITY : Mostly the students have run across infinity at several points in previous time to a calculus class. Though, when they have dealt along with this, this was jus
Q. What is Conditional Probability? Ans. What is the probability that George will pass his math test if he studies? We can assume that the probabilities of George passing
1 1 1 1 1 2 1 2 ? and 40/2=? 2/40=?
Example for Comparison Test for Improper Integrals Example: Find out if the following integral is convergent or divergent. ∫ ∞ 2 (cos 2 x) / x 2 (dx) Solution
We desire to construct a box whose base length is three times the base width. The material utilized to build the top & bottom cost $10/ft 2 and the material utilized to build the
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