I'm not sure but I think it's 5
The future value of Elijah's certificate of deposit (CD), for the first five years, is represented by the sequence below. The applied interest is compound interest.
<span>$517.50, $535.61, $554.36, $573.76, $593.84, ..
true
</span>
The option is the 3rd bubble
Just press this into your calculator
Answer:
Step-by-step explanation:
It's too bad about this problem. It's a fair game if you get paid the same amount that you have to pay if you lose.
You win 2 ways
- H - H
- T - T
- Probability 1/2
You lose 2 ways.
- H - T
- T - H
- Probability 1/2
Expectation
E = 1/2 * 3 - 1/2 * 4
E = 1.5 - 2
E = -0.5
Which means that you should expect to lose 0.5 dollars every time you play this dreadful game.
