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.
9:45 plus 3 hours goes to 12:45 pm. add 45 minutes you get 1:30PM as your answet
Answer:
He must start his journey by 11 AM
Step-by-step explanation:
Speed of Toshi while walking up the mountains is 1.5 kilometres per hour
Speed of Toshi while walking down the mountains = 2 * Speed of Toshi while walking up the mountains = 3 kilometres per hour
Time taken to travel 9 Km in the upward direction by Toshi = 9 Km/1.5 kilometres per hour = 6 hours
Time taken to travel 9 Km in the downward direction by Toshi = 9 Km/3 kilometres per hour = 3 hours
He will take total 6 hours + 3 hours = 9 hours to travel 18 Km distance
Thus, He must start his journey by 11 AM
Answer:
I think 1 is the right answer
5.5 is your answer your welcome
