Write the fraction or decimal to show the distances from zero. 1/5, 2/10
1 answer:
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Answer:
<em>" Expected Payoff " ⇒ $ 1.56 ; Type in 1.56</em>
Step-by-step explanation:
Consider the steps below;
<em>Solution; " Expected Payoff " ⇒ $ 1.56</em>
Answer:
<h2>$3448.81</h2>Step-by-step explanation:
Using the compound interest formula to calculate the amount compounded after 10years.
P = principal = $2000
r = rate (in %) = 5.6%
t = time (in years) = 10years
n = 1year = time used in compounding
Amount compounded after 10 years is $3448.81