subject
Mathematics, 24.08.2021 02:40 jackb9361

9. A deposit of $100,000 is made to an investment fund at the beginning of a year. On the last day of each year two dividends are awarded. The first dividend is 20% of the amount in the account during that year. The second divi- dend is 45% ofthe amount in the account in the previous year. a) Find a recurrence relation for {Pnl, where Pn is the amount in the account at the end ofn years ifno money is ever withdrawn.

b) has been withdrawn?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:50
Which is a true statement comparing the graphs of x^2/6^2-y^2/8^2 = 1 and x^2/8^2-y^2/6^2 the foci of both graphs are the same points. the lengths of both transverse axes are the same. the directrices of = 1 are horizontal while the directrices of = 1 are vertical. the vertices of = 1 are on the y-axis while the vertices of = 1 are on the x-axis.
Answers: 2
question
Mathematics, 21.06.2019 18:00
Which ordered pair is a solution to the system of linear equations? 2x + 3y= 6 –3x + 5y = 10
Answers: 1
question
Mathematics, 21.06.2019 20:30
Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a
Answers: 3
question
Mathematics, 21.06.2019 21:00
Someone me i need with this stuff
Answers: 2
You know the right answer?
9. A deposit of $100,000 is made to an investment fund at the beginning of a year. On the last day o...
Questions
question
Mathematics, 19.09.2020 01:01
question
Mathematics, 19.09.2020 01:01
Questions on the website: 13722361