$28<span> compounded on a </span>Yearly<span> basis over the course of </span>5<span> years at a </span>4% interest rate would be worth:
<span>$34</span>
I assume that in this question, you are asked to evaluate the value(s) of r. To answer that question, dividing 1252 by 48 gives us 26.0833 or 26. Mathematically expressing the solution,
26 = 26r^4
Then, divide the equation by 26, giving us 1 = r^4. Evaluate r. This will give us answers of +-1.
Answer:
3/4 is the probablity
Step-by-step explanation: