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:
Step-by-step explanation:
Given
Required
Determine the percentage of the shaded cubes
First, we calculate the number of boxes:
Express as multiplication
This implies that there are 20 cubes in the box.
The percentage of the shaded cubes is:
<em>30% were shaded</em>
3-1 finds for she did to is to is to to fix l Fick
Answer:
1/2
Step-by-step explanation:
1/2 of an answer is zero answer
Answer:
Extrapolation
Step-by-step explanation:
Extrapolation is a type of estimation, beyond the original observation range. In this case, the observation range is from 4.5 to 7.5 years. Marco's mom is extrapolating the regression line to estimate Marco's height at 14 years old. This sort of estimation assumes that Marco's height will continue changing at the same rate until he is 14 years old.
