Mathematics, 08.02.2021 16:40 duhitzmay9395
John is preparing to retire, and he knows he'll receive a pension from his company. The pension will pay John $25,000 per year for 20 years. A lump-sum
payment of $500,000 today is also an option for John, and the account John would use for that money would pay interest of 3% per year, compounded
annually
Since the present value of all the yearly pension payments is
John should choose the
option for his pension.
Answers: 1
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Gravel is being dumped from a conveyor belt at a rate of 25 ft3/min, and its coarseness is such that it forms a pile in the shape of a cone whose base diameter and height are always equal. how fast is the height of the pile increasing when the pile is 14 ft high? (round your answer to two decimal places.) ft/min
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John is preparing to retire, and he knows he'll receive a pension from his company. The pension will...
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