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1) Bill needs $8000 to buy a new car in 5 years. How much should hedeposit at th

ID: 3093655 • Letter: 1

Question

1) Bill needs $8000 to buy a new car in 5 years. How much should hedeposit at the end of every            quarter into an account which earns 8% interestcompounded quarterly?



2) At the end of each year, Matthew invests $2000 in a companyretirement plan in which the employer      matches the employees contribution. If the planpays 8% compounded monthly and Matthew will        retire in 20 years, what will be the accumulatedvalue of the account?



3) Write the negation of each statement, applying De Morgan's Lawsto simplify.
    a) CSM is a two year college and has threecampuses
    b) Adam brings the wrong book or he forgets hisnotes.
  

Explanation / Answer

3) a) let c be csm is a two year college course let t be has three campuses ~c^~t ~(cvt) b) let a be adam brings the wrong book let n be he forgets his notes ~av~n ~(a^n)