Answer
Given
Sean's house is currently worth $188,900.
According to a realtor, house prices in Sean's neighborhood will increase by 4.8% every year.
To prove
Formula

Where r is the rate in the decimal form.
As given


= 0.048
Put in the formula


Now also calculated monthly.
Formula

As given


= 0.048
Put in the formula



As the approximation quarterly growth rate of the value of sean's house is near the Compounded quarterly interest .
Thus Option (A) is correct.
i.e
The expression
reveals the approximate quarterly growth rate of the value of Sean's house.
Answer:
96
Step-by-step explanation:
you divide 60 min by 15 to get 4 then u multiply 12 × 4 =48 then multiply 48 × 2=96
Answer:
<em>The probability of obtaining the letter p twice is 1/121</em>
Step-by-step explanation:
<u>Probability of Recurring Events</u>
There are 11 letters in the word 'independent', one of which is the letter 'p'.
When those letters are written on individual cards and they are put into a box, there are 11 different choices to pick at random.
This means the individual probability of getting a 'p' is:

The card is reinserted into the box, leaving the sample space unaltered, thus the second card has the same probability:

We'll use the multiplication rule. Just multiply the probability of the first event by the second.


The probability of obtaining the letter p twice is 1/121