Answer:
FV= $123,879.85
Step-by-step explanation:
Giving the following information:
Montlhy deposit (A)= $100
Monthly interest rate (i)= 0.09/12= 0.0075
Number of periods (n)= 12*26= 312 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0075^312) - 1]} / 0.0075
FV= $123,879.85
Answer:
19.5
Step-by-step explanation:
The 43rd term of the sequence is 19.5
Answer:
0.30
Step-by-step explanation:
Probability of stopping at first signal = 0.36 ;
P(stop 1) = P(x) = 0.36
Probability of stopping at second signal = 0.54;
P(stop 2) = P(y) = 0.54
Probability of stopping at atleast one of the two signals:
P(x U y) = 0.6
Stopping at both signals :
P(xny) = p(x) + p(y) - p(xUy)
P(xny) = 0.36 + 0.54 - 0.6
P(xny) = 0.3
Stopping at x but not y
P(x n y') = P(x) - P(xny) = 0.36 - 0.3 = 0.06
Stopping at y but not x
P(y n x') = P(y) - P(xny) = 0.54 - 0.3 = 0.24
Probability of stopping at exactly 1 signal :
P(x n y') or P(y n x') = 0.06 + 0.24 = 0.30
Divide 4 by 1/10.
So, 4 ÷ 1/10 becomes 4 x 10/1.
We know that 4 x 10/1 = 40/1 = 40.
Did you follow?
Answer:
$0.50 per ounce
Step-by-step explanation:
8/16=0.50