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andriy [413]
3 years ago
5

Amanda Vehicle has hired Jared Frost as its new president. Terms included the company’s agreeing to pay retirement benefits of $

17,900 at the end of each semiannual period for 12 years. This will begin in 4,015 days. If the money can be invested at 8% compounded semiannually, what must the company deposit today to fulfill its obligation to Robert?
Mathematics
1 answer:
vampirchik [111]3 years ago
8 0
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.
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Step-by-step explanation:

We are given 4 options:

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All but one are perfect squares. Let's find out which one is not a perfect square.

The sqrt of 49 is 7. 7 times 7 is equal to 49.

The sqrt of 100 is 10. 10 times itself is equal to 100.

The sqrt of 9 is 3. 3 times 3 is equal to 9.

What about the square root of 40?

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3 years ago
–20, - 12,5, 22, . . .<br> An=<br> A50=
marshall27 [118]

Answer:

an = 17n - 46

a50 = 804

Step-by-step explanation:

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Subtract each number from the next one.

-12 - (-29) = 17

5 - (-12) = 17

22 - 5 = 17

The common difference is 17. This is an arithmetic sequence which starts with -29, and in which each subsequent value is 17 more than the previous value.

a1 = -29

a2 = -29 + 17

a3 = -29 + 2(17)

a4 = -29 + 3(17)

Notice that for each term, you have -29 and something added to it. What you add to -29 is 17 multiplied by 1 less than the number of the term. For term 1, 1 less than 1 is 0. You add 0 * 17 to -29 and get -29. term 1 is -29. For term 2, 1 less than 2 is 1. You add 1 * 17 to -29 and get -12, etc.

For term n, 1 less than n is n - 1. Add (n - 1) * 17 to -29 to get term n.

an = -29 + 17(n - 1)

This formula can be simplified.

an = -29 + 17n - 17

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an = 17n - 46

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a50 = 804

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3 years ago
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The greater number is 20

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