2.Bought equipment on credil from Equip Stores Ltd, recelved an invoice of R5 000

Vivian and Michael plan to send their daughter to university. To pay for this they will contribute 8 equal yearly payments to an account bearing interest at the APR of \( 2.6 \% \), compounded annually. Four years after their last contribution, they will begin the first of five, yearly, withdrawals of \( \$ 46,900 \) to pay the university's bills. How large must their yearly contributions be? Submit Question

How long will it take for an investment to triple, if interest is compounded continuously at \( 3 \% \) ? It will take \( \square \) years before the investment triples. (Round to the nearest tenth of a year.)

Halla ona faca equetiva si la tasa s del \( 34 \% \) nominal sementrol

Question 6 of 28 ut-of-pocket spending in a country for health care increased between 2004 and 2008 . The function \( f(x)=2582 e^{0.0359 x} \) models e year, where \( x=0 \) corresponds to 2004. a) Estimate out-of-pocket household spending on health care in 2008 . b) Determine the year when spending reached \( \$ 2799 \) per household. (a) The total expenditures per household in the year 2008 were approximately \( \$ \) (Round to the nearest dollar as needed.) (b) During the year \( \square \), spending reached \( \$ 2799 \) per household. (Round down to the nearest year.)

How much would you need to deposit in an account now in order to have \( \$ 3000 \) in the account in 15 years? Assume the account earns \( 4 \% \) simple interest. Round your answer to the nearest cent.