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Use Future Value and Present Value Tables

1.Cathy Lumbattis inherited $140,000 from an aunt. If Cathy decides not to spend her inheritance but to leave the money in her saving account until she retires in 15 years, how much money will she have, assuming an annual interest rate of 8% compounded semiannually.

2. LuAnn Bean will receive $7,000 in 7 years. What is the present value at 7% compounded annually?

3. Ed Walker wants to save some money so that he can make a down payment of $3,000 on a car when he graduates from college in 4 years. If Ed opens a savings account and earns 3% on his money, compounded annually, how much will he have to invest now?

4. Kristen Quinn makes equal deposits of $500 semiannually for 4 years. What is the future value at 8%?

Chuck Russo, a high school math teacher, wants to set up an IRA account into which he will deposit $2,000 per year. He plans to teach for 20 more years and then retire. If the interest on his account is 7% compounded annually, how much will be in his account when he retires?

Larson Lumber makes annual deposits of $500 at 6% compounded annually for 3 years. What is the future value of these deposits?

Michelle McFeaters can earn 6%. How much would have to be deposited in a savings account in order for Michelle to be able to make equal annual withdrawals of $200 at the end of each of 10 years? The balance at the end of the last year would be zero.

Barb Muller wins the lottery. She wins $20,000 per year to be paid for 10 years. The state offers her the choice of a cash settlement now instead of the annual payments for 10 years. If the interest rate is 6%, what is the amount the state will offer for a settlement today?

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Question 22 5 pts How does the DeBroglie wavelength of the electron in the ground state...

Question 22 5 pts How does the DeBroglie wavelength of the electron in the ground state of a hydrogen atom compare to the DeBroglie wavelength of the electron when it's in a 2p state? O The DeBroglie wavelengths of the two electrons are equal. O The DeBroglie wavelength of the electron in the gr...

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Use the following steps to find the general equation of the plane that intersects the surface...

Use the following steps to find the general equation of the plane that intersects the surface f(x, y) ye2x-y+5 at f(-1,3) Choose any vector ū, u # 0, in the xy-plane that is parallel to neither the x-axis nor the y а) axis. Use a cross product to show that u is parallel to neither axis. F...

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4 NH3(g) +50,(9) — 4NO(g) + 6H20(9) how many molecules of H, O can be formed...

4 NH3(g) +50,(9) — 4NO(g) + 6H20(9) how many molecules of H, O can be formed from 3.78 mol O,?...

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The solution of the Initial-Value Problem (IVP) (x + y)dx - xdy = 0 ((1) =...

The solution of the Initial-Value Problem (IVP) (x + y)dx - xdy = 0 ((1) = 0 is given by y = fer-1 - 1 0 None of them Oy= x ln(x + y) y=x Inc Oy= (x + y) Inc...

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You deposit an equal amount "A" at the beginning of each year for the next 6...

You deposit an equal amount "A" at the beginning of each year for the next 6 years at a 10% interest rate, and then you stop. At the end of year 10, you withdraw all the money and get $3,250. Please determine "A". Group of answer choices $245.35 $261.125 $325.35 $261.53...

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Find total amount in compound interest account

Find total amount in compound interest account.$9000 IS compounded semiannually at a rate of 11% for 20 years...

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00 Let f(t) be a function on [0, 0). The Laplace transform of fis the function...

00 Let f(t) be a function on [0, 0). The Laplace transform of fis the function F defined by the integral F(s) = e-stf(t)dt. Use this definition to determine the Laplace transform of the following function. 0 e2t, 0<t< 1 f(t) = 4, 1<t The Laplace transform of f(t) is F(s) = (Type exact answe...

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If we know the best possible values of PID constants can we find its First Order...

If we know the best possible values of PID constants can we find its First Order transfer function using matlab or by calulation. If yes than please estimate the first order transfer function with values of int kp = 90; int ki = 30; int kd = 80;...

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When a circular plate of metal is heated in an oven, its radius increases at a...

When a circular plate of metal is heated in an oven, its radius increases at a rate of 0.02 cm/min. At what rate is the plate's area increasing when the radius is 60 cm? The rate of change of the area is□cm2/min. (Type an exact answer in terms of π.)...

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What is the equation of the line passing through #(97,26)# and #(10,34)#?

What is the equation of the line passing through #(97,26)# and #(10,34)#?...

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1) The maximum allowable concentration of lead in drinking water is 9.0 ppb. (a) Calculate the...

1) The maximum allowable concentration of lead in drinking water is 9.0 ppb. (a) Calculate the molarity of lead in a 9.0-ppb solution. What assumption did you have tomake in your calculation? (b) How many grams of lead are in a swimming pool containing 9.0 ppb lead in 60 m3 of water?...

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Jack Corporation purchased a 21% interest in Jill Corporation for $1,860,000 on January 1, 2021. Jack...

Jack Corporation purchased a 21% interest in Jill Corporation for $1,860,000 on January 1, 2021. Jack can significantly influence Jill. On December 10, 2021, Jill declared and paid $1.1 million in dividends. Jill reported a net loss of $7.5 million for the year. What amount of loss should Jack repor...

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Good evening. i need help with this calculus question. i will thumbs up your answer. or...

good evening. i need help with this calculus question. i will thumbs up your answer. or more conveniently, Given the vector field in space F(x, y, z) = ri+yj + zk (x2 + y2 + 22)3/2 F(r) where r = ri+yj + zk and r= ||1|| = r3 r 22 + y2 + 22 (instead of p) (a) [10 pts] Find the divergence of F, that ...

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Name Lab Day circled: Mon. Tues. AM Tues, PM Wed Thurs. Fri. Prelaboratory Exercise for the...

Name Lab Day circled: Mon. Tues. AM Tues, PM Wed Thurs. Fri. Prelaboratory Exercise for the Atomic Emission and Absorption Experiment The spectroscopes used in our lab are scaled in nanometer units. You will work with three of the four possible Balmer series transitions of Hydrogen whose lines are i...

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Use the t-distribution to find a confidence interval for a difference in means μ 1 -...

Use the t-distribution to find a confidence interval for a difference in means μ 1 - μ 2 given the relevant sample results. Give the best estimate for μ 1 - μ 2 , the margin of error, and the confidence interval. Assume the results come from random samples from populations that are appro...

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6. If IRR and NPV give different answers, you should to discount future cash a. use...

6. If IRR and NPV give different answers, you should to discount future cash a. use IRR always b. use NPV always c. Use IRR if mutually exclusive projects d. use IRR if independent projects 7. If you are expressing all cash flows in future dollars, you use the The Innominal restro a. The IRR interes...

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Express 5832 as a product of prime factors and hence,find the cube root of 5832

Express 5832 as a product of prime factors and hence,find the cube root of 5832 ?...

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The spaceship Intergalactica lands on the surface of the uninhabited Pink Planet, which orbits a rather...

The spaceship Intergalactica lands on the surface of the uninhabited Pink Planet, which orbits a rather average star in the distant Garbanzo Galaxy. A scouting party sets out to explore. The party's leader–a physicist, naturally–immediately makes a determination of the acceleration d...