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Jason manually calculated the present value of $500,000 at 4 percent 20 years from now to be $226,445.21 when interest is compounded semiannually. If Jason used the notation in the formula below to arrive at his answer, what is the numerical value of "t" in his formula? A. 10 B. 20 C. 40 D. 120 E. 200
Answers: 3
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Aplane is flying at 32,500 feet. it needs to rise to 36,000 feet in two stages.• in stage 1, it rises 5% of its initial altitude of 32,500 feet.• in stage 2, it rises at a rate of 125 feet per minute.how many minutes does it take for the plane to rise during stage 2?
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Jason manually calculated the present value of $500,000 at 4 percent 20 years from now to be $226,44...
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