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Post by Duvet on May 20, 2008 17:13:31 GMT -5
 Question #6 of today's math homework on page 532. Do not mock the greatness of this webcam. |
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Post by Cunt Wrap Supreme on May 20, 2008 17:16:49 GMT -5
What's she saving for?
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Post by Duvet on May 20, 2008 17:20:10 GMT -5
6. Saving Starting in 6 months, Lily will deposit $1000 into an account every March 1st and September 1st for 10 years. How much will she have at the time of the last payment if interest is 5.5% per annum, compounded semi-annually?
Answer:
1000 [(1+0.055/2)^20-1] / 0.055/2
= $26,197.40
She sure has cash.
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Post by Hauskaz on May 20, 2008 19:10:23 GMT -5
Someone sure does intend to fly first class...
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Post by lily on May 20, 2008 19:18:17 GMT -5
Ahem.
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Post by Hauskaz on May 20, 2008 19:21:08 GMT -5
Hey Lily, there's this particular $16,000 motorcycle I'm looking at, and well...
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Post by lily on May 20, 2008 19:22:35 GMT -5
If you film yourself spewing blood again.
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Post by solocityElectricCyan on May 20, 2008 19:53:00 GMT -5
NO LILY
DON'T YOU SEE WHAT YOU HAVE DONE?
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Post by hellomeow on May 23, 2008 3:41:45 GMT -5
I find it funny that today we solved a problem involving Mikhail's regular annuity. It isn't very often you hear such a Russian name being used, but our math homework writers certainly try to keep a wide demographic of names available.
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Post by Hauskaz on May 23, 2008 6:20:36 GMT -5
Yeah, I noticed that too. Usually it's either a white name or a brown name.
I'm still waiting for a Miles or a Yuri though.
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Post by Cunt Wrap Supreme on May 23, 2008 10:09:45 GMT -5
"Lily" has sufficed.
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Post by hellomeow on May 25, 2008 22:40:00 GMT -5
I have yet to see any in our homework, but there was a guy in a Squall Leonhart outfit at the manga library I worked at named Miles Bailey.
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