Principle=$745 rate= 9% time= 4years

1 answer:

4 0

Based on a yearly rate (which is the norm) I give you my answer ..

Your principle is at 745$
Annual Rate 9%

For the first year your principle will grow by 67.05 $ if untouched (9%) up to 812.05 $

2nd year .. 9% of the 812.05 $ is 73.0845 $ .. So by the 2nd year you reach 885.1345 $

3rd year .. 79.662105 $ .. Total 964.796605 $

4th year .. 86.83169445 $ .. Final 4 Years Total 1051.62829945 $

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A. The probability that a Millennial is married is 0.089 or 8.9%.

B. The probability that a Baby Boomer is single, never married is 0.03 or 3%.

C. The probability that one person selected randomly (female or male) is married is 0.513 or 51.3%

D. The probability that someone who is living with a partner, but not married is a Generation X is 0.025 or 2.5%.

Step-by-step explanation:

According to the information provided on the analysis table, we can answer the questions:

A. The probability that a Millennial is married is 0.089 or 8.9%.

B. The probability that a Baby Boomer is single, never married is 0.03 or 3%.

C. The probability that one person selected randomly (female or male) is married is 0.513 or 51.3% (Millennial 0.089 + Generation X 0.223 + Baby boomer 0.201)

D. The probability that someone who is living with a partner, but not married is a Generation X is 0.025 or 2.5%.

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Step-by-step explanation:

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