A) $29,308.90 B) $171,198.41 C) $31,327.88 D) $176,996.84 If Maria wants to be a millionaire ($1,000,000) by the time she retires (45 years from now), how much does she need to put into aninvestment that is paying 8% interest compounded semi-annually?Value inVariableDefinition of VariableproblemNumber of CompoundingPeriods1%Annual Interest (as a %)PVPrincipal or Present ValuePMT Amount of each PaymentFVFuture ValueP/YNumber of Payments per YearNumber of CompoundingC/YPeriods per YeaUse your fomula(s) or the TVM calculator.

Future value (FV) = $1,000,000 Interest rate = 8% Semi annual interest rate (r) = 8%2 = 4% Period =…

Answered: If Maria wants to be a millionaire…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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In Children’s Hospital in Seattle, there are, on average, 60 births per week. Mothers and babies stay, on average, two days before they leave the hospital. In Swedish Hospital (also in Seattle), the average number of births per week is 210. Mothers and children stay in the hospital two days, on average. a.On average, how many new mothers are staying in Children’s Hospital? Note: Round your answer to the nearest whole number. b. On average, how many new mothers are staying in Swedish Hospital? c-1. The directors of the two hospitals are negotiating unifying the children wards of the two hospitals. They believe that by doing so they will be able to reduce the number of new mothers staying in the hospital. You may assume that the average number of births and the lengths of stay of the new mothers will not change. Are they correct? multiple choice Yes No c-2. How many new mothers will stay, on average, in the unified ward? Note: Round your answer to the nearest whole number.
5. Brady and 3 friends went to lunch at Mazzio's Pizza. Their meal cost $32, and they left a 15% tip. How much was the total bill, including tip?
A school board announces an across the board salary cut of 3%. The superintendent makes $174,600 after the cut has been made. What was her salary before the 3% cut? 6. a. $5,238 b. $5,400 c. $122,220 d. $179,838 e. $180,000
3. M 5.3 5.6 N 3.4
20. Your restaurant bill is $37.82. Estimate a 25% tip. Find the actual 25% tip. a) b)
2. Carl Morris. Clerk typist. Earns $3.90 per hour. Worked 17 hours last week. What is his straight-time pay?
An industrial oil heater is tested by its ability to heat up a large room on a cold day and in particular, the rate at which it reaches a desired average temperature. The size of the room and the room temperature prior to switching on the heater were identified as two important factors of the rate at which the average room temperature increases. The experiment was replicated 3 times for each combination. The time (in minutes) till an average temperature increase of 10°C was measured is tabulated below: Factor B Large Classroom (200m2) Large Auditorium (400m2) (1) Treatment Combination (2) Factor A 7°C (1) 8,9,8 22,18,21 12°C (2) 9,10,12 19,29,25 Let factor A be the initial temperature and factor B be size of the room.
On the first day of January you receive a check for $1. On eachthird day thereafter, you receive a check for 3 times the previous check.a) How much if the check you receive on the last day of January?b) What is the total of the checks you received in January?c) What is the total of the check you received by the end of the 100thday of the year?
3. Panera Bread estimated its yearly sales to be $588 million at the end of the year. Actual sales were $530 million. a) How much did Panera Bread overestimate its sales? b) If they made the same mistake for 10 years what would total sales be overestimated?
Convert to square yards
Convert the credit card rate to the APR. Ohio, 0.02192% daily rate 4% B) 7% 6% 5% 8%

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