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.
When given a literal equation, you will often be asked to solve the equation for a given variable. The goal is to isolate that given variable. The process is the same process that you use to solve linear equations; the only difference is that you will be working with a lot more letters, and you may not be able to simplify as much as you can with linear equations.
2: x = -5/3 ; y = -4/3 (-5/3, -4/3)
<h2>circumference = 50.24cm</h2><h2>area = 200.96cm²</h2>
Step-by-step explanation:
radius (r) = 8cm
circumference = 2π×r
= 2 × 3.14 × 8
= 50.24cm
area = π × r²
= 3.14 × 8 × 8
= 200.96cm²
<h2>MARK ME BRAINLIST</h2>
Fifty six million eight hundred ninety three thousand
