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Two people, Ella and Jane, decide to start saving for retirement. Ella decides to invest $4000 a year into an annuity at the age of 25. At the age of 35 she stops making investments and just leaves the money there. Jane on the other hand, decides to start investing $4000 a year at the age of 40 and invests that money for every year thereafter. Assuming both retire at 70, and that the interest rate both get on their investments is 10% (compounded annually) who has the most money in their account at age 70? Explain why you pick the answer you pick.
The parabola y= x^2+4 has two tangents which pass through the point (0,-2). One is tangent to the parabola at (a, a^2+4) and the other at (-a, a^2+4) where a is a certain positive number. The question is a=?
Suppose someone offers to pay you $100 if you draw 3 cards from a standard deck of 52 cards and all the cards are clubs. What should you pay for the chance to win
Sketch hyperbola after finding Center, Vertex and Foci of this equation: (y+5)squared/16 - xsquared/9 =1. Please show steps needed
A random sample of 48 days taken at a large hospital shows that averages of 38 patients were treated in the emergency room per day. The standard deviation for the population is four. Determine the 99% confidence interval of the mean number of patient..
determine the stability of the critical point for both the linearized and nonlinear system using the linearization process (that is, explicitly writed own the linearized system at (1,1) and use the eigen values of the corresponding coefficient mat..
At the 0.01 level of significance, test the claim that the mean reading times lour the lour age groups are equal.
what is the probability taht a widget produced by the factory will be defective? if a widget is found to be defective what is the probability that it is made by Pacific
One month ago the ratio of nurses to doctors on a hospital staff was 3:5. Since that time two additional nurses joined the staff, no nurses left & the number of doctors remained the same. Find the ratio of nurses to doctors.
I have found the number of deaths in the United States due to each medical condition in each of the following years.
Differential equations with initial conditions - Evaluate and graph the solution, and indicate whether the solution makes sense for all time.
Probability of Drawing Two Red and Two Blue Marbles, A bag contains 4 red, 3 white and 5 blue marbles, What is the probability that in a sample of 4 marbles that are drawn
Suppose that you purchased (randomly select) 3 laptops from a production run of 10 laptops. Of the 10 laptops, 9 are destined to last at least two years without needing a single repair
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