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A bank pays on its savings an interest rate of 6% per year but compounds interest monthly (i.e., estimates the interest each month and adds it to the balance). You plan to deposit $100,000 into this saving account today. Show the amount you will accumulate by the end of the 30th year.
ANSWER:
COMMUNICATING THE MEANING OF ADDITION : One of the characters in a novel written by the Malayalam writer Vaikom Muhammed Basheer was asked by his teacher, "How much is one and on
please tell me what is algebra and how i can understand it
a + b
((1/x^1/2-(x-1)^1/2)+(1/(5-3(x-1)^2)^1/2)
Q. How many permutations can you make of the word STATISTICS? Solution: There are 10 letters in the word STATISTICS, i.e. n=10. Three of them are S's, so n 1 =3, three are T'
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When Ms. Jones retired, she received a lump sum of $1,000,000 from her pension plan. She then invested this sum in an annuity account that would pay her an equal amount at the end
Calculate the area of CIRCLE ? A circle is a set of all points that are at a given distance from a center point. The diameter (d) of a circle is the length of a line that goes
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