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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.
Limits At Infinity, Part I : In the earlier section we saw limits which were infinity and now it's time to take a look at limits at infinity. Through limits at infinity we mean
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verify 4(sin^4 30^0+cos60^0 )-3(cos^2 ?45?^0-sin^2 90^0 )=2
tens digit of a 2-digit number is twice its unit digit. If the sum of the digit is 12, find the number.
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A study was conducted to determine the proportion of people who dream in black and white instead of color. Among 317317 people over the age of? 55, 7777 dream in black and? whi
the median of a continuous frequency distribution is 21.if each observation is increased by 5. find the new median
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