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a. The future value of a $2,000 annuity for 30 yrs at 8% compound annually.
b. The future value of a $2,000 annuity for 30 years at 8% compound semiannually.
c. The future value of a $2,000 annuity for 30 years at 8% compound quarterly.
d. How much extra interest is earned onthe annuity above simply by chnaging the compounding period from annually to quarterly?
e. How much extra interest would be earned by changing from annual compounding to daily compounding?
f. Louisa set up an individual retirment account (IRA account) on her 35th birthday. She contributed $2,000 to the account on each subsequent birthday through her 65th. The account earned 8% compounded annually. What amount of interest (in dollars) wil she have earned on this investment?
g. Suppose she had startd an IRA account 10 yrs earlier whe she was 25 years old. How much would additional inte33rret wold she have earned on this investment by age 65? (Hint: Her first payment into the account was on which birthday?)
Savage Inequalities is a wonderful book to reference here as it does point to the problem of inequitable funding. In other words the poor stay poor because the school is funded disproportionally from community to community.
At a college function, a total of 180 tickets were sold. Find the number of each type of ticket sold for the college function.
Finding the width when perimeter is given.
Suppose that you have student loan of $80,000 with an APR of 7% for 30 years. If you decide to pay off the loan in 20 years instead of 30.
The techniques for solving linear equations and linear inequalities are similar, yet different - Explain and give an example of both a linear equation and a linear inequality that demonstrates this difference.
Simplify the algebraic equation.
the population of a city was 94 thousand in 1992. the exponential growth rate was 1.6 per year. find the exponential
Solving equation using substitution method.
Let K={1, v, h, 180} be a subset of the octic group G. Show that V= {1, v} is normal in K and that K is normal in G, but that V is not normal in G.
Make the fractions of the LCM of the denominators.
The record for the fastest mile run by a person has been decreasing over time. Back around 1850, when record times were first recorded, the fastest mile time recorded was about 5 minutes. By around 1950, the fastest mile time recorded was about 4 ..
What are the similarities and differences between the procedures needed to solve each of the following problems? Show your work and include a verbal breakdown of each step.
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