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:
1/12
THIS DESERVES BRAINLISTTT
Step-by-step explanation:
There are 12 possible outcomes, 6 for the die for each of the 2 for the coin. Only one comprises a 5 and a tail so the probability, assuming a fair coin and die, is 1/12.
Answer:
See below
Step-by-step explanation:
Domain: negative infinity, positive infinity
Range: -392, positive infinity
Y-intercept: (0, -150)
X-intercepts: (25, 0) (-3, 0)
Axis of symmetry: x = 11
Answer:1 3/4 < 1 7/8
Showing the workThe least common denominator is 8Comparing 14/8 and 15/8:
14/8 < 15/8 ... ..... ... ....therefore1 3/4 < 1 7/8
It is an irrational number. The first 10 digits of pie are 3.141592653. Hoped I helped. :)
