The answer is D. (2.9,-22.8)
Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
![Future\ value\ of\ annuity\ (FV)=p[\frac{(1+r)^n-1}{r} ] \\\\Future\ value\ of\ annuity\ (FV)=500[\frac{(1+0.0325)^{20}-1}{0.0325} ] \\\\Future\ value\ of\ annuity\ (FV)=13,782.1219 \\\\](https://tex.z-dn.net/?f=Future%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3Dp%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D500%5B%5Cfrac%7B%281%2B0.0325%29%5E%7B20%7D-1%7D%7B0.0325%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D13%2C782.1219%20%5C%5C%5C%5C)
Future value of annuity (FV) = $13,782.12 (Approx)
Answer:
online customers: slot 5
Walk in customers: slot 3
Step-by-step explanation:
Step-by-step explanation:
With each draw, the probability of selecting a green marble is 2/3 and the probability of selecting a yellow marble is 1/3.
To pick two of the the same color, they can either pick green twice or yellow twice.
P = (2/3)(2/3) + (1/3)(1/3)
P = 5/9
To pick two different colors, they can either pick green first then yellow, or yellow first then green.
P = (2/3)(1/3) + (1/3)(2/3)
P = 4/9
Expected value for Derek is:
D = (5/9)(-1) + (4/9)(1)
D = -1/9
The expected value for Mia is:
M = (5/9)(1) + (4/9)(-1)
M = 1/9
Answer:
y=4/3x-1/3
Step-by-step explanation:
m=y2-y1/x2-x1
fill in the two points for the y's and the x's
then proceed to y = mx+b
Where:
m is the slope, and
b is the y-intercept
then you solve and <u>bam</u>!