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1. What is the present value of a security that will pay $15,000 in 15 years if securities of equal risk pay 8.9% annually? Round your answer to the nearest cent.
475,858.20
2. Your parents will retire in 15 years. They currently have $270,000, and they think they will need $1 million at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places.
3. If you deposit money today in an account that pays 7.7% annual interest, how long will it take to double your money? Round your answer to the nearest whole.
Keith wants to know the surface area of a basketball. Which formula will he use? The surface area of a sphere is four times π times the radius squared.
Calculate the value of the following limits. Solution From the graph of this function illustrated below, We can illustrate that both of the one-sided limits suffer
what is 1/5 + 1/8 equals?
Here we have focussed on how mathematics learning can be made meaningful for primary school children. We have done this through examples of how children learn and how we can create
what is a sample space diagram
what is the expiremental probability that the next toss and spin will result in 3 and tail if 1-heads,53.2-heads,49.3-heads,54.1-tail,65.2-tails,71.3-tails,62
A boy covered half of distance at 20km/hr and rest at 40kmlhr. calculate his average speed.
Find the largest possible positive integer that will divide 398, 436, and 542 leaving remainder 7, 11, 15 respectively. (Ans: 17) Ans: The required number is the HCF of the n
Let G be a group acting on a set X. The action is called faithful if for any g ≠ 1 ∈ G there exists an x ∈ X such that gx ≠ x. That is, only the identity fixes everything. Prov
Nick paid $68.25 for a coat, including sales tax of 5%. What was the original price of the coat before tax? Since 5% sales tax was added to the cost of the coat, $68.25 is 105%
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