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Problem:
A company can borrow $100,000 at 10% compounded annually for 10 years. To repay the debt at the end of 10 years, a sinking fund is to be setup at 9% compounded annually. Another lender will provide the money at 9/4% compounded annually, to allow the loan to be a mortised by 10 equal annual payments. Which plan would you choose for the company? Show all calculations.
Additional Information:
This problem is basically belongs to Mathematics and it is about calculating a plan for a company to choose from for the repayment of loan compounded annually for 10 years.
Assume the probability that a person has the desease is 0.04 for all people, independently of each other, and compute the expected number of tests necessary for each group.
What types of information can you gather from graphing a formula? (Every day use, like budgets, Surveys, etc.)
A certain plane can fly 210 mph in calm air. If the plane can travel 540 miles against the wind in the same amount of time it can travel 810 miles with the wind, then what is the rate of the wind?
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What are the intercepts of the line y=24x - 11? Your answer is a number, not an ordered pair. Provide an exact expression, not a decimal approximation. Enter NONE if there is no intercept, or an unused answer.
Only two pupils take all the four subjects. Draw a Venn diagram and use it to find how many pupils take neither Physics nor Chemistry.
Can you use algebra to find a quadratic equation if you know the coordinates of just one point on its graph?
What is the expected number of claims made by males under 25? What is the standard deviation of the distribution?
a ladder that leans against a building makes an angle of 75 degrees with the ground and reaches a point of the ladder 9.7 feet above the ground. find to the nearest meter the length of the ladder.
In your computer store you make $1012 per computer sold. Your costs are given by the equation C(x) = 4x^2+4x-80, where x is the number of computers sold. How many computers should you sell to maximize the profit?
A trapezium with an area of 168cm squared has parallel sides of lengths 6cm and 18cm.
A father in his will left all his money to his children in the following manner, how many children were there
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