Mathematics, 14.09.2019 03:30 Meliiiii
In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.
an individual retirement account, or ira, earns tax-deferred interest and allows the owner to invest up to $5000 each year. joe and jill both will make ira deposits for 30 years (from age 35 to 65) into stock mutual funds yielding 9.3%. joe deposits $5000 once each year, while jill has $96.15 (which is 5000/52) withheld from her weekly paycheck and deposited automatically. how much will each have at age 65? (round your answer to the nearest cent.
joe $
jill $
Answers: 3
Mathematics, 21.06.2019 22:20, corbinfisher
The school track has eight lanes. each lane is 1.25 meters wide. the arc at each end of the track is 180. the distance of the home straight and the radii for the arcs in the 1st 4 lanes are given. s=85m r1=36.5m r2=37.75m r3=39m r4=40.25m part one: find the radii of lanes 5 through 8 of the track. show your work. part two: if max ran around lane one, how far did he run? show your work and explain your solution. part three: max wants to run a total of three laps around the track, choose two additional lanes (2-8) for him to run and find the distance around those two lanes. show your work and round to the hundredths. part 4: based on your lane choices in part three, what was the total distance max ran in the three laps around the track?
Answers: 2
In the following ordinary annuity, the interest is compounded with each payment, and the payment is...
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