Answer: 0.57735
Step-by-step explanation:
Answer:
d. $137,604
Step-by-step explanation:
The amortization formula is good for this. It tells you the principal P that must be invested to support payments of A each year for t years when the interest rate is r:
P = A(1 -(1 +r)^-t)/r
P = $12,000(1 -1.06^-20)/0.06 ≈ $137,639.05
The closest answer choice is $137,604.
Answer:
The expected value of this game to me is 5 odd x $5 = $25.
There is 1/2 chances of winning and losing.
The expectations after playing 100 times is 100x5 oddx$5=$2500
Step-by-step explanation:
Odd is the probability or likelihood of an event occurring.
hmmm, the slope is undefined, that means, is a vertical line then, check the picture below.