Answer:
0.46
Step-by-step explanation:
For a single payment with compound interest, the equation to use is F=P(1+i)^n where F is the value after n periods, P is the present value, and i is the interest rate.
If we want the final value F to double in 5 years, F is then equal to P then n=5. The equation is now:
2P=P(1+i)^5
2=(1+i)^5
i=14.87% per year
Answer:
steps below
Step-by-step explanation:
Total = 12+17+14 = 43
Without replacement:
C(12,5) / C(43,5) = (12!/5!*7!) / (43!/5!*38!) = (12*11*10*9*8) / (43*42*41*40*39)
= 95040 / 115511760
= 0.00082
≈ 0.082%
with replacement: 12/43*12/43*12/43*12/43*12/43 = 12⁵ / 43⁵
Answer:16
Step-by-step explanation:
10÷5/8=16