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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.
Rick is order a latest triangular sail for his boat. He needs knowing the area of the sail. Which formula will he use? The area of a triangle is 1/2 times the length of the bas
0+50x1-60-60x0+10
why it is hard?
Why is tossing a coin considered to be a fair way of deciding which team should get the ball at the beginning of a foot ball match? Ans: equally likely because they are mutual
Q. Define Multiplication Rule in probability? Ans. A family has two girls, Ann and Barb, and three boys, Carl, David and Earl, in it. In how many ways can the mother pick
Reduction -when the original amount and the balance or remainder are known, to find the part that has been given away. (e.g., there were 15 toffees in a container, and there are
Students are made to stand in rows. If one student is extra in a row there would be 2 rows less. If one student is less in a row there would be 3 rows more. Find the number of stud
1. In Figure there are three cameras where the distance between the cameras is B, and all three cameras have the same focal length f. The disparity dL = x0 - xL, while the disparit
I gave my niece a whole heap of beads and showed her how to divide it up into sets of 10 beads each. Then I showed her how she could lay out each set of I0 beads in a line, and cal
How do you calculate for the distance between two co-ordinates?
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