Mathematics, 30.11.2020 22:30 robert7248
1.Charles wants to invest $20,000. The investment firm is offering 8% interest compounded monthly. How much money will he have made if he leaves his money with the bank for 40 years?
2.Lisa’s grandmother left her a $100,000 inheritance. She wants to invest the
money in an account paying 7.2% interest compounded continuously. How much
money will be in the account after 30 years?
3.John saved $50,000. and wants to put the money into an Index Annuity that pays
an average of 8.4% per year, compounded semi-annually. How long will it take
him to reach his goal of $1,000,000?
4.Susie needs to make $100,000 to pay her home mortgage and has $10,000 to
invest. How much interest will she need if her bank compounds the interest
annually to reach her goal?
5.Betty wants to retire in 45 years. She needs $2,000,000. If she’s able to find a
Mutual Fund that offers 9.5% interest and compounds quarterly, how much will
she need for a deposit?
Answers: 3
Mathematics, 21.06.2019 13:30
Apublic library wants to place 4 magazines and 9 books on each display shelf. the expressions 4s +9s represents the total number of items that will be displayed on s shelves. simplify this expression
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Mathematics, 21.06.2019 21:50
What is the 17th term in the arithmetic sequence in which a6 is 101 and a9 is 83
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Mathematics, 21.06.2019 23:30
Select the correct answer from each drop-down menu. james needs to clock a minimum of 9 hours per day at work. the data set records his daily work hours, which vary between 9 hours and 12 hours, for a certain number of days. {9, 9.5, 10, 10.5, 10.5, 11, 11, 11.5, 11.5, 11.5, 12, 12}. the median number of hours james worked is . the skew of the distribution is
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Mathematics, 21.06.2019 23:50
Astudent draws two parabolas both parabolas cross the x axis at (-4,0) and (6,0) the y intercept of the first parabolas is (0,-12). the y intercept of the second parabola is (0,-24) what is the positive difference between the a values for the two functions that describe the parabolas
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1.Charles wants to invest $20,000. The investment firm is offering 8% interest compounded monthly. H...
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