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:
One hundred and fifty 40 pounds boxes and twenty 75 pounds boxes
Step-by-step explaination:
The maximum amount he can haul in one load is 7500 pounds
150 × 40 pounds boxes = 6000 pounds
20 × 75 pounds boxes = 1500 pounds
6000 pounds + 1500 pounds = 7500 pounds
Answer:
The cube root of -8 is -2
Step-by-step explanation:
Factor the numbers 8=2^3
-∛2³
Apply radical rule;
∛2³=2
=-2
HOPE THIS HELPED!!!
Answer: 200 child tickets & about 143 adult tickets.
Step-by-step explanation:
1st: 1500 / 7.50 = 200
2nd: 1500 / 10.50 = 142.857 (Notice how I put ABOUT)
X = 200
Y = About 143
Welcome!
Egudbschsien eiodnebevieneb
