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Suppose someone wants to accumulate $120,00 for retirement in 30 years. The person has two choices. Plan A is a single deposit into an account with annual compounding and an APR of 4%. Plan B is a single deposit into an account with continuous compounding and an APR of 3.5%. How much does the person need to deposit in each account in order to reach the goal?
The person must deposit $______________ into the account for Plan A to reach the goal of $120,000.
(Round to the nearest cent as needed.)
Out of 5000 policies for cell phones, a company received 585 claims. The average amount paid on the claims was $80. If the annual cost of the policy was $48, what was a customer's expected value of the cell phone insurance policy?
A political pundit on TV claims that a majority of Independents oppose the health care public option plan. Do these data provide strong evidence to support.
MATH 54 QUIZ 3. Compute the determinant of the following matrix. Compute the area of the image of S under the mapping x |→ Ax
Consider the weighted MIN-VC, where every vertex has been assigned a positive integer weight, and the task is to minimize the overall weight of the vertex cover. Express this optimization problem as 0/1-LP.
For the function f(x,y)=3x^2+6y^2+8/(9x^2-36y^2) a) Enter the coordinates of a point in the domain of f(x,y)? b) Enter the coordinates of a point not in the domain of f(x,y),with positive x-value?
Determine when the balk height will be 210 feet and identify the solution as a point on the graph - Will this give enough time for the student to get to the campus?
A video store charges a monthly membership fee of $7.50, but the charge to rent each movie is only $1.00 per movie. Another store has no membership fee, but it costs $2.50 to rent each movie. How many movies need to be rented each month for the to..
CORPORATE BONDS David owns $20,000 worth of 10-yr bonds of Ace Corporation. These bonds pay interest every 6 mo at the rate of 7%/year (simple interest).
question a flying wedge spaceship is a right triangle in side view. at rest the base and height which form the 90deg
1.) find the volume of the solid generated by revolving the region enclosed by the graphs of y=e^(x/4), y=1, and x=ln8, about the x axis 2.) find the surface area of the solid generated by revolving y=√(x+6), 0≤x≤3 about the x axis.
a garden shop wishes to prepare a supply of special fertilizer at a minimal cost by mixing two fertilizers a and b. the
Determine all integer solutions to 5x - 7y = 99. Watch the minus sign. Looking for the solution to this diophantene equation.
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