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You plan to retire when you are 65th years old. You are now 25 years old. You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 65 and continuing until you celebrate your 80th birthday. The pension plan requires you make equal quarterly contributions starting one quarter after your 25th birthday and until you have reached your 65th birthday. If the interest rate assumed throughout this plan is 4% per year, what is the quarterly contribution (or policy premium)?
ANSWER: Quarterly premium _____________
A door height is 6 feet and 6 inches and 36 inches wide. What is the widest piece of sheetrock that will ?t through the door? Round to the nearest inch. a. 114 in b. 86 in
For a first order linear differential equation the solution process is as given below: 1. Place the differential equation in the correct initial form, (1). 2. Determine the i
I need help on how to do real word problm with unit rates.
Proof of: if f(x) > g(x) for a x b then a ∫ b f(x) dx > g(x). Because we get f(x) ≥ g(x) then we knows that f(x) - g(x) ≥ 0 on a ≤ x ≤ b and therefore by Prop
suresh invested rs.1080 in shares of face value rs.50 at rs.54.After receiving dividend on them at 8% he sold them at 52.In each of the transaction he paid 2 % brokerage.Hpw much d
Integration variable : The next topic which we have to discuss here is the integration variable utilized in the integral. In fact there isn't actually a lot to discuss here other
the sides of a right angle triangle are a,a+d,a+2d with a and d both positive.the ratio of a to d a)1:2 b)1:3 c)3:1 d)5:2 answer is (c) i.e. 3:1 Solution: Applying
what is the median of a set of data?
Determine the fundamental period of the following discrete-time signal: X(n) = 2sin(4n)π +π/4) + 5sin16n +4sin (20n +π/3)
Round 14.851 to the nearest tenth? The tenths place is the ?rst number to the right of the decimal. Here the number 8 is in the tenths place. To decide whether to round up or
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