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:
9x+6
Step-by-step explanation:
2(x-4)= 2x-8
7(x+2)= 7x+14
2x-8+7x+14
clt
9x6
Answer:
transversal
Step-by-step explanation:
1. In geometry any line which passes through or intersects 2 or more line are called a transversal.
2.Transversal are generally used in geometry of Euclidean plane to decide whether the given set of lines through which transversal passes are parallel or not.
What questions I mean there is no questions
If you find a common denominator for the two, which is 12 it will make it easier to add. So 4 3/12 + 3 4/12 = 7 7/12.
your answer is 7 7/12.
