Mathematics, 07.02.2022 23:00, sin91
Javaris and Amira are saving for their daughter Ciara's college education. Ciara just turned 10 (at t = 0), and she will be entering college 8 years from now (at t = 8). College tuition and expenses at State U. are currently $14,500 a year, but they are expected to increase at a rate of 3.0% a year. Ciara should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. Tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11). So far, Javaris and Amira have accumulated $10,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $6,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. They expect their investment account to earn 9%. How large must the annual payments at t = 5, 6, and 7 be to cover Ciara's anticipated college costs? a. $4,213.20 b. $2,735.73 c. $2,509.84 d. $3,865.32 e. $1,958.59
Answers: 1
Mathematics, 21.06.2019 18:00, kcarstensen59070
Question: a) does the given set of points represent a linear function? how do you know? b) assume that the point (-2,4) lies on the graph of a line. what y-values could complete this set of ordered pairs that lie on the same line: (- (hint: there are several correct answ
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Mathematics, 21.06.2019 18:00, sbailey0962
Sarah used her calculator to find sin 125 degrees. she wrote down sin sin125 degrees.57. how could sarah recognize that her answer is incorrect?
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Mathematics, 21.06.2019 18:30, rheamskeorsey33
Acoin bank containing only dimes and quarters has 12 more dimes than quarters. the total value of the coins is $11. how many quarters and dimes are in the coin bank?
Answers: 1
Javaris and Amira are saving for their daughter Ciara's college education. Ciara just turned 10 (at...
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