2009 Federal stimulus Package In February 2009, President Obama signed into law a $ 787 billion federal stimulus package. At that time, 20-year Series EE bonds had a fixed rate of 1.3 % compounded semiannually. If the federal government financed the stimulus through EE bonds, how much would it have to pay back in 2029? How much interest was paid to finance the stimulus? Source: U.S. Treasury Department
2009 Federal stimulus Package In February 2009, President Obama signed into law a $ 787 billion federal stimulus package. At that time, 20-year Series EE bonds had a fixed rate of 1.3 % compounded semiannually. If the federal government financed the stimulus through EE bonds, how much would it have to pay back in 2029? How much interest was paid to finance the stimulus? Source: U.S. Treasury Department
Solution Summary: The author explains that President Obama signed into law a 787 Billion federal stimulus package, which included 20-year Series EE bonds with fixed rates of 3% compounded semiannually.
2009 Federal stimulus Package
In February 2009, President Obama signed into law a
billion federal stimulus package. At that time, 20-year Series EE bonds had a fixed rate of
compounded semiannually. If the federal government financed the stimulus through EE bonds, how much would it have to pay back in 2029? How much interest was paid to finance the stimulus?
10. [-/3 Points]
DETAILS
MY NOTES
SESSCALCET2 7.2.047.
Consider the following.
aR-
br
(a) Set up an integral for the volume a solid torus (the donut-shaped solid shown in the figure) with radii br and aR. (Let a 8 and b = 2.)
=
dy
(b) By interpreting the integral as an area, find the volume V of the torus.
V =
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