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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.
There is a list of the forces which will act on the object. Gravity, F g The force because of gravity will always act on the object of course. Such force is F g = mg
how do you do it
use the expansion of (1-x)^7 to find the value of 1.998^7 correct to five significant figures
A,B,C are natural numbers and are in arithmetic progressions and a+b+c=21.then find the possible values for a,b,c Solution) a+b+c=21 a+c=2b 3b=21 b=7 a can be 1,2,3,4,5,6 c c
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
Integrals Involving Quadratics To this point we have seen quite some integrals which involve quadratics. Example of Integrals Involving Quadratics is as follow: ∫ (x / x 2
what is the consective sum for 2+3
draw a right angle isosceles triangle with 9 triangles in it
Exponential and Logarithm Equations : In this section we'll learn solving equations along with exponential functions or logarithms in them. We'll begin with equations which invol
Bill spent 50% of his savings on school supplies, and then he spent 50% of what was left on lunch. If he had $6 left after lunch, how much did he have in savings at the starting?
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