The method that results in more money after 2 years is Peggy's investment.
<h3>Which method results in more money in 2 years?</h3>
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
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Answer:
I did this today and its H
Step-by-step explanation:
Please lmk if im wrong, but im sure its right but js ;)
11/18 or about 61% probability.
Answer:
Step-by-step explanation:
-1 1 3 5 7 9 11
That's the answer. If you need a method or a formula, that's a little harder.
L = a + (n - 1)*d
a = -1
L = 11
n = 7
or n is the hard part. If you have 5 means, then you have 6 spaces. So n must be 7 in all
11 = -1 + (7 - 1)*d add 1 to both sides. Combine the brackets
11+1 = -1+1+ 6*d
12 = 6d divide by 6
12/6 = d
2 = d
What this tells you is that each term has 2 added to it to get to the next one.
