Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Answer: Even
Step-by-step explanation:
Look at the ones place of each number, which in this case is 8 and 6.
8 + 6 = 14, which is an even number. This makes the sum of both numbers also an even number.
Answer:
Since the balls are drawn with replacement, it means the individual probability remain constant,
I have solved this problem on paper (Figures Attached).
Thanks.
Answer:
Step-by-step explanation:
pitch=4/12=1/3
The answer is 7.
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