Mathematics, 08.02.2021 16:40 duhitzmay9395
John is preparing to retire, and he knows he'll receive a pension from his company. The pension will pay John $25,000 per year for 20 years. A lump-sum
payment of $500,000 today is also an option for John, and the account John would use for that money would pay interest of 3% per year, compounded
annually
Since the present value of all the yearly pension payments is
John should choose the
option for his pension.
Answers: 1
Mathematics, 21.06.2019 18:50
If sr is 4.5cm and tr is 3cm, what is the measure in degrees of angle s?
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Mathematics, 21.06.2019 19:30
Kendra had twice as much money as kareem. kendra later spent $8 and kareem earned $6. by then,the two had the same amount of money. how much money did each have originally?
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Mathematics, 21.06.2019 21:30
Using pert, adam munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 4. a) what is the probability that the project will be completed in 17 months? b) what is the probability that the project will be completed in 20 months? c) what is the probability that the project will be completed in 23 months? d) what is the probability that the project will be completed in 25 months? e) what is the due date that yields a 95% chance of completion?
Answers: 3
John is preparing to retire, and he knows he'll receive a pension from his company. The pension will...
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