Answer:
Alright so basically
Step-by-step explanation:
Answer:
Step-by-step explanation:
If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
a)6 years
b)12 years
c)18 years
***
compound interest formula: A=P(1+r/n)^nt, P=initial investment, r=interest rate, n=number of compounding periods per year, A=amt after t-years.
For given problem:
P=10000
r=.02
n=2
t=6, 12, 18
..
A(6)=10000(1+.02/2)^2*6
A(6)=10000(1.01)^12=11,268.25
A(12)=10000(1.01)^24=12,697.35
A(18)=10000(1.01)^36=14,307.69
A 5 or a queen
52 cards per deck
each card repeats 4 times
a 5 or a queen
there are four 5's and four queens
4+4=8
probablity=desiredoutcomes/totalpossible
probablity=8/52
probablity=4/26
probablity=2/13
Answer:
$0.50
Step-by-step explanation:
This is a simple equation. All you need to do is divide 18 by 36.
18/36 = 0.5
