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:
1.50x=18
Step-by-step explanation:
you need to figure out how many you can buy, so we will put x in there and it will all equal 18, therefore heres that equal sign. so yeh.
Answer:
I would believe that it is A.
Step-by-step explanation:
The fact that A has 5, and x is minus two times, 5/2= 2.5, and that is where the second arrowhead is pointing to on the x axis.
Answer:
Step-by-step explanation:
Wheres the circle
I can solve it if I can see the circle
X <0 means x would be negative.
For x/y, a negative divided by a positive would give a negative answer.
A negative multiplied by a positive would result in a negative.
The answer would be B. Negative
