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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.
41x + 53y = 135, 53x +41y =147 Ans: 41x + 53 y = 135, 53 x + 41 y = 147 Add the two equations : Solve it, to get ... x + y = 3 -------(1) Subtract : Solve it , to
Question 1: (a) Show that, for all sets A, B and C, (i) (A ∩ B) c = A c ∩B c . (ii) A ∪ (B ∩ C) = (A ∪ B) ∩ (A ∪ C). (iii) A - (B ∪ C) = (A - B) ∩ (A - C).
A certain flight arrives on time 78% of the time. Suppose 1000 flights are randomly selected. Use the normal approximation to the binomial to approximate the probability that
help me with how to write sample of proportion using visual basic
please can you help me with word problems
The area of the base of a prism can be expressed as x2 + 4x + 1 and the height of the prism can be expressed as x - 3. What is the volume of this prism in terms of x? Because t
20% of $19.95
the amount required to raise 25 lb of water 15 of
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Maclaurin Series Before working any illustrations of Taylor Series the first requirement is to address the assumption that a Taylor Series will in fact exist for a specifi
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