A lottery offers you a choice of $1,000,000 per year for 7 years or a lump-sum payment. What lump-sum payment (rounded to the nearest dollar) would equal the annual payments if the current interest rate is 12% compounded annually?
?
$ __________
Fill in the blank(s) with the appropriate word(s).
4,563,757
You might also like to view...
Solve the problem. Round your answer to the nearest tenth unless indicated otherwise.Carol and Lu Yi carry a total of 5.5 liters of water as they begin a day hike. How many gallons of water are they carrying, to the nearest tenth?
A. 5.2 gal B. 20.8 gal C. 5.8 gal D. 1.4 gal
Find the reciprocal.
A. 
B. 13
C. 
D. 
Find the root and standard form of the polynomial function with the given roots and y-intercept.Roots: -3, 3, and 3; f(0) = 27
A. f(x) = (x + 3)(x - 3)(x - 3); f(x) = x3 - 3x2 - 9x + 27 B. f(x) = (x - 3)(x + 3)(x + 3); f(x) = x3 + 3x2 + 9x + 27 C. f(x) = (x - 3)(x - 3)(x + 3); f(x) = x3 + 3x2 - 9x - 27 D. f(x) = (x + 3)(x + 3)(x - 3); f(x) = x3 - 3x2 + 9x + 27
Find the requested ratio in decimal notation rounded to the nearest thousandth.At the opening night of a theater production, there are 384 women and 410 men in the audience. For this set of people, what is the ratio of women to the total number of people?
A. 0.937 B. 0.003 C. 0.484 D. 0.516