a. An employee invests $ 500 per month in an ordinary annuity. If the interest rate is 5 % , find the value of the annuity after 18 yr . b. If the employee invests $ 1000 per month in the annuity instead of $ 500 at 5 % interest, find the value of the annuity after 18 yr . Compare the result to part (a), c. If the employee invests $500 per month in the annuity at 5 % interest find the value of the annuity after 36 yr . Compare the result to part (a).
a. An employee invests $ 500 per month in an ordinary annuity. If the interest rate is 5 % , find the value of the annuity after 18 yr . b. If the employee invests $ 1000 per month in the annuity instead of $ 500 at 5 % interest, find the value of the annuity after 18 yr . Compare the result to part (a), c. If the employee invests $500 per month in the annuity at 5 % interest find the value of the annuity after 36 yr . Compare the result to part (a).
Solution Summary: The author calculates the future value of an ordinary annuity by comparing the values of P,n,r, and t.
a. An employee invests
$
500
per month in an ordinary annuity. If the interest rate is
5
%
, find the value of the annuity after
18
yr
.
b. If the employee invests
$
1000
per month in the annuity instead of
$
500
at
5
%
interest, find the value of the annuity after
18
yr
. Compare the result to part (a),
c. If the employee invests $500 per month in the annuity at
5
%
interest find the value of the annuity after
36
yr
. Compare the result to part (a).
Only 100% sure experts solve it correct complete solutions ok
rmine the immediate settlement for points A and B shown in
figure below knowing that Aq,-200kN/m², E-20000kN/m², u=0.5, Depth
of foundation (DF-0), thickness of layer below footing (H)=20m.
4m
B
2m
2m
A
2m
+
2m
4m
sy = f(x)
+
+
+
+
+
+
+
+
+
X
3
4
5
7
8
9
The function of shown in the figure is continuous on the closed interval [0, 9] and differentiable on the open
interval (0, 9). Which of the following points satisfies conclusions of both the Intermediate Value Theorem
and the Mean Value Theorem for f on the closed interval [0, 9] ?
(A
A
B
B
C
D
College Algebra with Modeling & Visualization (5th Edition)
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