Solve the problem.On her eighth birthday, a girl inherits $15,000 that is to be used for her college education. The money is deposited into a trust fund that will pay her R dollars on her 17th, 18th, 19th, and 20th birthdays. Find R if the money earns 5% compounded annually.
Fill in the blank(s) with the appropriate word(s).
$6249.90
You might also like to view...
The table shows the number of votes received by each candidate in an election along with the amount spent by the candidate on advertising. Use the table to answer the question.. CandidateNumber of VotesAmount Spent on Advertising ($) Jose Gonzales 57,209 59,104 Angela Wong 67,108 59,024 Sue Miller 67,091 102,376 Tyler Johnson 41,036 66,514 Sandra Ouye 41,009 72,607Which candidate spent the least on advertising?
A. Jose Gonzales B. Angela Wong C. Sandra Ouye D. Tyler Johnson
Sketch the vector as a position vector and find its magnitude.v = 9i + 12j
A. = 15
B. = 225
C. =
D. = 21
Answer the question.Which number is larger?
A. 0.92 B. 0.95
Find the expected value.Suppose that 1,000 tickets are sold for a raffle that has the following prizes: one $300 prize, two $100 prizes, and one hundred $1 prizes. What is expected value of a ticket?
A. $300 B. $0.60 C. $1 D. $100