Sinclair wishes to supplement his retirement income by $400 per month for the next 14 years. He plans to obtain a reverse annuity mortgage (RAM) on his home to meet this need. Estimate the amount of the mortgage he will require if the prevailing interest rate is 11% per year compounded continuously. Please round the answer to the nearest dollar.
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$__________
Fill in the blank(s) with the appropriate word(s).
34,282
Mathematics
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Convert the mixed number to an improper fraction.11
A.
B.
C.
D.
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Solve the logarithmic equation.log x = 5
A. 5 B. 0.5 C. 50 D. 100,000
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Write a matrix to display the information.Barges from ports X and Y went to cities A and B. Shipping costs $220 from X to A, $300 from X to B, $400 from Y to A, and $180 from Y to B. Make a 2 × 2 matrix showing the shipping costs. Assign the ports to the rows and the cities to the columns.
A.
B.
C.
D.
Mathematics
Multiply the real numbers. Write any improper fraction as a whole or mixed number where appropriate.(-4)(15)
A. 9 B. -20 C. -60 D. 40
Mathematics