Mathematics, 29.06.2021 05:00 niescarlosj
This exercise illustrates just how fast exponential functions grow in the long term. Suppose you start work for a company at age 25. You are offered two rather unlikely retirement options.
Retirement option 1: When you retire, you will receive $15,000 for each year of service.
Retirement option 2: When you start work, the company deposits $2500 into a savings account that pays a monthly rate of 1.3%. When you retire, the account will be closed and the balance given to you.
How much will you have under the second plan at age 55? (Round your answer to the nearest cent.)
$
How much will you have under the second plan at age 65? (Round your answer to the nearest cent.)
$
Answers: 1
Mathematics, 21.06.2019 16:30
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Can someone me with this problem i don't understand i need
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Mathematics, 21.06.2019 19:50
The probability that a student graduating from suburban state university has student loans to pay off after graduation is .60. if two students are randomly selected from this university, what is the probability that neither of them has student loans to pay off after graduation?
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Mathematics, 21.06.2019 20:30
The frequency table shows the results of a survey comparing the number of beach towels sold for full price and at a discount during each of the three summer months. the store owner converts the frequency table to a conditional relative frequency table by row. which value should he use for x? round to the nearest hundredth. 0.89 0.90 0.92 0.96
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This exercise illustrates just how fast exponential functions grow in the long term. Suppose you sta...
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