Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
Answer:
The correct answer is option B
Answer:
23rd term of the arithmetic sequence is 118.
Step-by-step explanation:
In this question we have been given first term a1 = 8 and 9th term a9 = 48
we have to find the 23rd term of this arithmetic sequence.
Since in an arithmetic sequence
![T_{n}=a+(n-1)d](https://tex.z-dn.net/?f=T_%7Bn%7D%3Da%2B%28n-1%29d)
here a = first term
n = number of term
d = common difference
since 9th term a9 = 48
48 = 8 + (9-1)d
8d = 48 - 8 = 40
d = 40/8 = 5
Now ![T_{23}= a + (n-1)d](https://tex.z-dn.net/?f=T_%7B23%7D%3D%20a%20%2B%20%28n-1%29d)
= 8 + (23 -1)5 = 8 + 22×5 = 8 + 110 = 118
Therefore 23rd term of the sequence is 118.
Answer:
30/182 = 15/91.
Step-by-step explanation:
<u>PROBABILITY:</u> the likelihood of an event.
There are a total of 14 shirts in the basket.
Of the 14, 8 (8/14) of them are white, and 6 (6/14) of them are black.
The probability of picking a black shirt is 6 in 14, or 6/14.
The probability of picking a white shirt is 8 in 14, or 8/14.
<u>WITHOUT REPLACING:</u> This means that you take one without putting it back. (There will be one less).
6/14 × 5/13 = 30/182.
30/182 = 15/91.
Answer:
On the simulation prediction you got a 10% chance
While in the experimental one the average is 42%