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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.
i want to trick to know how can i fastest calculate more than computer
Objectives After reading this unit, you should be able to 1. Explain the meaning of multiplication / division and interpret it in different contexts; 2. Convert symbo
log4^(x+2)=log4^8
One box can hold 5 1/2 lbs of nuts and 3 lb 6oz of bolts. What is the total weight for one box?
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2*8
Negative function : Several functions are not positive however. Consider the case of f (x ) =x 2 - 4 on [0,2]. If we utilizes n = 8 and the midpoints for the rectangle height w
economic order quantities (EOQ) Statistics may be utilized in ordering or making economic order quantities as EOQ. It is significant for a business manager to understand that
how can solve limits
marianne took $100.00 to a store that was holding a no-tax sale. she bought a shirt for $24.99, sandals for $18.50, shorts for $16.49, and a beach bag for $21.69. how much did she
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