The amount needed in the account when Frost retires is given by the annuity formula. Compounding is 2 times per year.
.. A = Pi/(n(1 -(1 +r/n)^(-nt)))
.. 17900 = P*.08/(2*(1 -(1 +.08/2)^(-2*12)))
.. 17900 = P*.04/(1 -(1.04^-24))
.. P ≈ 272,920.64
The compound interest formula can be used to find the present value required. 4015 days is 11 years (ignoring leap years), so the amount to deposit can be calculated from
.. A = P*(1 +r/n)^(nt)
.. 272,920.64 = P*(1 +.08/2)^(2*11) = P*1.04^22
.. P ≈ 115,160.33
We don't know about the company's obligation to Robert. To fulfill its obligation to Frost, it must deposit 115,160.33 today.
Answer:
f(19)=3/21-4=-3.857
Step-by-step explanation:
f(x)=3/(x+2)-sqrt(x-3)
f(19)=3/(19+2)-sqrt(19-3)
f(19)=3/21-sqrt(16)
f(19)=3/21-4
f(19)=-3.857
Answer:
Step-by-step explanation:
18/32 is the same as 9/16 or 0.5625
Day 3 is double than day two judging by hours baked... it's 96 cookies
Answer:
John answered 50 questions.
Step-by-step explanation:
Although five of John's answers were incorrect, 90% of his answers were correct.
This means that 5 is 100 - 90% = 10% of the total number of questions, n. So



John answered 50 questions.