Answer:
1/12
Step-by-step explanation:
P( coin = heads) = number of heads / total = 1/2
P( cube = 5) = number of 5's / total =1/6
P( heads, 5) =1/2 * 1/6 = 1/12
x 3
Step-by-step explanation:
Answer:
The approximate monthly rate of growth is 1.24%
Step-by-step explanation:
we have the future value formula

we have
----> annual interest rate
so


Find the approximate monthly rate of growth
Remember that

so
Divide the number of periods t by 12

Applying power rules property



Convert to percentage

therefore
The approximate monthly rate of growth is 1.24%