Answer:
b
Step-by-step explanation:
bc i just know hehe
Answer:
$4,508.64
Step-by-step explanation:
The compound interest formula can answer this for you.
A = P(1 +r/n)^(nt)
where A is the account balance, P is the principal invested (4000), r is the annual interest rate (.02), n is the number of times per year interest is compounded (4), and t is the number of years (6).
Putting the given values into the formula, doing the arithmetic tells us ...
A = $4000(1 +.02/4)^(4·6) = $4000·1.005^24 ≈ $4,508.64
There will be $4,508.64 in the account at the end of 6 years.
Answer:
Step-by-step explanation:
Here, to compute the expected value you only need to multiply each payout value by the correspondently probability and add all the results. More exactly,
Expected value= 1*0.35+2*0.2+5*0.1+8*0.2+10*0.15=4.35
<span>So we wan't to get the value of x in the equation x/35=7. To get x we need to multiply both sides of the equation with 35 and then we get: x=7*35. So after multiplying we get x= 245. To check the solution lets divide 245/7=35. So the correct answer is b. 245.</span>
Answer:
x=52/15 - 61* 23/15
Step-by-step explanation: